Call reports 2016
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2016
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 3,836,911,000 | 3,916,002,000 | 4,203,533,000 | 4,380,201,000 |
| Total loans | 3,069,888,000 | 3,119,438,000 | 3,226,517,000 | 3,263,805,000 |
| Allowance for loan losses | 26,137,000 | 25,826,000 | 25,649,000 | 26,004,000 |
| Securities available for sale | 416,149,000 | 404,869,000 | 566,675,000 | 741,523,000 |
| Securities held to maturity | 19,040,000 | 17,917,000 | 16,848,000 | 15,633,000 |
| Trading assets | 16,716,000 | 22,442,000 | 21,146,000 | 2,036,000 |
| Total deposits | 2,882,197,000 | 2,791,323,000 | 3,039,776,000 | 3,065,902,000 |
| Interest-bearing deposits | 2,405,174,000 | 2,312,501,000 | 2,516,514,000 | 2,542,588,000 |
| Noninterest-bearing deposits | 477,023,000 | 478,822,000 | 523,262,000 | 523,314,000 |
| Equity capital | 402,934,000 | 410,336,000 | 416,969,000 | 411,703,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 34,263,000 | 67,935,000 | 102,677,000 | 139,181,000 |
| Interest expense | 6,416,000 | 13,193,000 | 20,431,000 | 28,213,000 |
| Net interest income | 27,847,000 | 54,742,000 | 82,246,000 | 110,968,000 |
| Noninterest income | 14,612,000 | 30,489,000 | 47,713,000 | 64,991,000 |
| Noninterest expense | 25,282,000 | 51,137,000 | 76,650,000 | 101,517,000 |
| Provision for loan losses | 500,000 | 950,000 | 2,750,000 | 5,650,000 |
| Pretax income | 16,677,000 | 33,144,000 | 50,560,000 | 68,792,000 |
| Income tax | 5,573,000 | 10,817,000 | 16,394,000 | 22,343,000 |
| Net income | 11,104,000 | 22,327,000 | 34,166,000 | 46,449,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 343,928,000 | 349,911,000 | 356,593,000 | 363,628,000 |
| Total capital | 370,254,000 | 375,919,000 | 382,421,000 | 389,840,000 |
| Risk-weighted assets | 2,976,375,000 | 3,023,452,000 | 3,109,343,000 | 3,188,125,000 |