Call reports 2018
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2018
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 4,566,868,000 | 4,737,855,000 | 4,771,098,000 | 5,011,946,000 |
| Total loans | 3,406,951,000 | 3,525,774,000 | 3,579,061,000 | 3,701,611,000 |
| Allowance for loan losses | 25,864,000 | 26,174,000 | 26,509,000 | 27,072,000 |
| Securities available for sale | 787,842,000 | 776,693,000 | 812,647,000 | 927,810,000 |
| Securities held to maturity | 11,973,000 | 11,411,000 | 10,863,000 | 10,415,000 |
| Trading assets | 10,924,000 | 14,097,000 | 17,376,000 | 2,200,000 |
| Total deposits | 3,258,564,000 | 3,324,584,000 | 3,417,441,000 | 3,527,486,000 |
| Interest-bearing deposits | 2,655,136,000 | 2,744,212,000 | 2,802,760,000 | 2,921,014,000 |
| Noninterest-bearing deposits | 603,428,000 | 580,372,000 | 614,681,000 | 606,472,000 |
| Equity capital | 432,499,000 | 440,441,000 | 446,902,000 | 467,658,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 40,919,000 | 84,446,000 | 129,725,000 | 177,237,000 |
| Interest expense | 8,884,000 | 19,086,000 | 30,685,000 | 44,078,000 |
| Net interest income | 32,035,000 | 65,360,000 | 99,040,000 | 133,159,000 |
| Noninterest income | 15,723,000 | 31,737,000 | 46,773,000 | 61,094,000 |
| Noninterest expense | 26,906,000 | 53,147,000 | 78,935,000 | 104,904,000 |
| Provision for loan losses | 0 | 400,000 | 750,000 | 1,550,000 |
| Pretax income | 20,852,000 | 43,550,000 | 66,128,000 | 87,799,000 |
| Income tax | 4,335,000 | 9,136,000 | 13,946,000 | 18,529,000 |
| Net income | 16,517,000 | 34,414,000 | 52,182,000 | 69,270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 394,328,000 | 404,857,000 | 415,538,000 | 425,672,000 |
| Total capital | 420,438,000 | 431,320,000 | 442,337,000 | 453,033,000 |
| Risk-weighted assets | 3,369,560,000 | 3,446,728,000 | 3,489,307,000 | 3,626,599,000 |