Call reports 2013
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2013
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 3,047,493,000 | 3,057,498,000 | 3,130,056,000 | 3,185,326,000 |
| Total loans | 2,352,944,000 | 2,413,869,000 | 2,366,871,000 | 2,474,520,000 |
| Allowance for loan losses | 31,139,000 | 27,884,000 | 28,008,000 | 27,886,000 |
| Securities available for sale | 368,489,000 | 320,343,000 | 391,155,000 | 396,146,000 |
| Securities held to maturity | 36,896,000 | 33,803,000 | 31,264,000 | 29,906,000 |
| Trading assets | 3,375,000 | 2,965,000 | 2,405,000 | 2,733,000 |
| Total deposits | 2,321,603,000 | 2,306,985,000 | 2,460,448,000 | 2,507,456,000 |
| Interest-bearing deposits | 1,944,485,000 | 1,947,562,000 | 2,044,185,000 | 2,075,884,000 |
| Noninterest-bearing deposits | 377,118,000 | 359,423,000 | 416,263,000 | 431,572,000 |
| Equity capital | 328,424,000 | 320,164,000 | 341,702,000 | 347,086,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 28,792,000 | 57,591,000 | 86,980,000 | 116,347,000 |
| Interest expense | 5,936,000 | 11,715,000 | 17,475,000 | 23,079,000 |
| Net interest income | 22,856,000 | 45,876,000 | 69,505,000 | 93,268,000 |
| Noninterest income | 15,870,000 | 32,099,000 | 49,386,000 | 65,147,000 |
| Noninterest expense | 24,058,000 | 48,876,000 | 74,298,000 | 98,755,000 |
| Provision for loan losses | 600,000 | 1,300,000 | 2,000,000 | 2,400,000 |
| Pretax income | 11,296,000 | 25,027,000 | 39,821,000 | 53,771,000 |
| Income tax | 3,582,000 | 7,918,000 | 12,586,000 | 16,899,000 |
| Net income | 7,714,000 | 17,109,000 | 27,235,000 | 36,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 274,904,000 | 270,248,000 | 280,512,000 | 286,264,000 |
| Total capital | 303,533,000 | 298,406,000 | 308,816,000 | 314,458,000 |
| Risk-weighted assets | 2,287,522,000 | 2,327,581,000 | 2,319,838,000 | 2,401,842,000 |