Call reports 2017
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2017
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 4,388,040,000 | 4,375,589,000 | 4,469,210,000 | 4,530,022,000 |
| Total loans | 3,250,274,000 | 3,232,884,000 | 3,351,562,000 | 3,401,014,000 |
| Allowance for loan losses | 26,446,000 | 26,662,000 | 27,308,000 | 26,488,000 |
| Securities available for sale | 756,759,000 | 751,810,000 | 716,955,000 | 784,025,000 |
| Securities held to maturity | 14,721,000 | 13,943,000 | 13,241,000 | 12,540,000 |
| Trading assets | 495,000 | 2,318,000 | 3,270,000 | 1,420,000 |
| Total deposits | 3,118,314,000 | 3,023,624,000 | 3,159,722,000 | 3,245,541,000 |
| Interest-bearing deposits | 2,580,779,000 | 2,488,042,000 | 2,581,215,000 | 2,664,296,000 |
| Noninterest-bearing deposits | 537,535,000 | 535,582,000 | 578,507,000 | 581,245,000 |
| Equity capital | 418,434,000 | 427,092,000 | 435,201,000 | 433,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 36,895,000 | 75,022,000 | 113,764,000 | 153,550,000 |
| Interest expense | 8,078,000 | 16,152,000 | 24,677,000 | 33,405,000 |
| Net interest income | 28,817,000 | 58,870,000 | 89,087,000 | 120,145,000 |
| Noninterest income | 14,345,000 | 31,093,000 | 48,321,000 | 64,130,000 |
| Noninterest expense | 25,292,000 | 51,354,000 | 77,992,000 | 103,569,000 |
| Provision for loan losses | 400,000 | 1,100,000 | 2,400,000 | 2,600,000 |
| Pretax income | 17,470,000 | 37,509,000 | 57,016,000 | 78,106,000 |
| Income tax | 5,698,000 | 12,306,000 | 18,709,000 | 32,013,000 |
| Net income | 11,772,000 | 25,203,000 | 38,307,000 | 46,093,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 368,470,000 | 375,859,000 | 382,791,000 | 386,844,000 |
| Total capital | 395,157,000 | 402,804,000 | 410,366,000 | 413,593,000 |
| Risk-weighted assets | 3,202,914,000 | 3,160,865,000 | 3,283,501,000 | 3,341,724,000 |