Call reports 2011
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2011
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 2,888,961,000 | 2,932,497,000 | 2,965,324,000 | 3,059,757,000 |
| Total loans | 2,032,622,000 | 2,065,977,000 | 2,110,429,000 | 2,167,499,000 |
| Allowance for loan losses | 29,109,000 | 29,353,000 | 29,641,000 | 29,802,000 |
| Securities available for sale | 582,319,000 | 598,926,000 | 573,042,000 | 545,900,000 |
| Securities held to maturity | 0 | 0 | 11,841,000 | 52,138,000 |
| Trading assets | 3,142,000 | 3,893,000 | 4,799,000 | 4,513,000 |
| Total deposits | 2,051,088,000 | 1,997,017,000 | 2,087,154,000 | 2,127,518,000 |
| Interest-bearing deposits | 1,774,048,000 | 1,735,027,000 | 1,766,947,000 | 1,786,506,000 |
| Noninterest-bearing deposits | 277,040,000 | 261,990,000 | 320,207,000 | 341,012,000 |
| Equity capital | 302,422,000 | 310,104,000 | 314,256,000 | 309,793,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 29,891,000 | 60,304,000 | 90,837,000 | 121,344,000 |
| Interest expense | 9,175,000 | 18,132,000 | 26,724,000 | 34,823,000 |
| Net interest income | 20,716,000 | 42,172,000 | 64,113,000 | 86,521,000 |
| Noninterest income | 11,550,000 | 24,212,000 | 37,247,000 | 51,166,000 |
| Noninterest expense | 20,472,000 | 42,383,000 | 64,894,000 | 89,337,000 |
| Provision for loan losses | 1,500,000 | 2,700,000 | 3,700,000 | 4,700,000 |
| Pretax income | 10,232,000 | 21,464,000 | 32,772,000 | 44,158,000 |
| Income tax | 3,138,000 | 6,579,000 | 10,043,000 | 13,441,000 |
| Net income | 7,094,000 | 14,885,000 | 22,729,000 | 30,717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 234,551,000 | 238,947,000 | 243,409,000 | 247,983,000 |
| Total capital | 260,407,000 | 265,165,000 | 269,952,000 | 275,183,000 |
| Risk-weighted assets | 2,042,758,000 | 2,070,702,000 | 2,108,780,000 | 2,173,065,000 |