Call reports 2014
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2014
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 3,191,148,000 | 3,314,806,000 | 3,413,329,000 | 3,584,425,000 |
| Total loans | 2,489,012,000 | 2,603,531,000 | 2,709,520,000 | 2,904,969,000 |
| Allowance for loan losses | 27,043,000 | 27,269,000 | 27,768,000 | 28,023,000 |
| Securities available for sale | 364,284,000 | 331,225,000 | 379,808,000 | 361,491,000 |
| Securities held to maturity | 28,889,000 | 27,814,000 | 26,480,000 | 25,221,000 |
| Trading assets | 2,975,000 | 3,159,000 | 2,921,000 | 4,582,000 |
| Total deposits | 2,594,007,000 | 2,588,863,000 | 2,742,020,000 | 2,757,829,000 |
| Interest-bearing deposits | 2,158,102,000 | 2,188,492,000 | 2,274,713,000 | 2,328,330,000 |
| Noninterest-bearing deposits | 435,905,000 | 400,371,000 | 467,307,000 | 429,499,000 |
| Equity capital | 352,912,000 | 360,714,000 | 366,234,000 | 363,750,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 29,289,000 | 58,880,000 | 91,128,000 | 123,677,000 |
| Interest expense | 5,213,000 | 10,095,000 | 17,164,000 | 23,209,000 |
| Net interest income | 24,076,000 | 48,785,000 | 73,964,000 | 100,468,000 |
| Noninterest income | 19,331,000 | 32,034,000 | 45,054,000 | 58,678,000 |
| Noninterest expense | 29,134,000 | 51,444,000 | 73,384,000 | 96,349,000 |
| Provision for loan losses | 300,000 | 750,000 | 1,350,000 | 1,850,000 |
| Pretax income | 13,973,000 | 28,625,000 | 44,284,000 | 60,947,000 |
| Income tax | 4,437,000 | 9,121,000 | 14,084,000 | 19,383,000 |
| Net income | 9,536,000 | 19,504,000 | 30,200,000 | 41,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 291,489,000 | 297,492,000 | 303,986,000 | 310,909,000 |
| Total capital | 318,860,000 | 325,097,000 | 332,090,000 | 339,268,000 |
| Risk-weighted assets | 2,388,753,000 | 2,470,115,000 | 2,537,841,000 | 2,738,435,000 |