Call reports 2010
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2010
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 2,894,509,000 | 2,927,085,000 | 2,904,875,000 | 2,905,666,000 |
| Total loans | 1,942,182,000 | 1,981,296,000 | 2,032,122,000 | 2,009,532,000 |
| Allowance for loan losses | 27,711,000 | 27,985,000 | 28,165,000 | 28,583,000 |
| Securities available for sale | 721,506,000 | 680,229,000 | 582,505,000 | 600,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 2,382,000 | 3,932,000 | 4,964,000 | 3,690,000 |
| Total deposits | 1,962,060,000 | 1,950,495,000 | 2,057,164,000 | 2,037,599,000 |
| Interest-bearing deposits | 1,756,871,000 | 1,724,411,000 | 1,814,299,000 | 1,807,893,000 |
| Noninterest-bearing deposits | 205,189,000 | 226,084,000 | 242,865,000 | 229,706,000 |
| Equity capital | 289,383,000 | 295,499,000 | 296,525,000 | 297,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 30,864,000 | 61,718,000 | 92,868,000 | 123,253,000 |
| Interest expense | 12,230,000 | 23,804,000 | 34,370,000 | 44,075,000 |
| Net interest income | 18,634,000 | 37,914,000 | 58,498,000 | 79,178,000 |
| Noninterest income | 10,324,000 | 21,684,000 | 33,998,000 | 46,761,000 |
| Noninterest expense | 19,312,000 | 40,073,000 | 62,666,000 | 83,841,000 |
| Provision for loan losses | 1,500,000 | 3,000,000 | 4,500,000 | 6,000,000 |
| Pretax income | 8,083,000 | 16,108,000 | 25,650,000 | 36,410,000 |
| Income tax | 2,398,000 | 4,790,000 | 7,728,000 | 11,020,000 |
| Net income | 5,685,000 | 11,318,000 | 17,922,000 | 25,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 220,251,000 | 222,887,000 | 225,276,000 | 229,528,000 |
| Total capital | 245,201,000 | 248,033,000 | 250,937,000 | 255,078,000 |
| Risk-weighted assets | 1,975,988,000 | 2,005,526,000 | 2,032,673,000 | 2,023,474,000 |