Call reports 2019
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2019
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 5,153,981,000 | 5,188,883,000 | 5,198,738,000 | 5,291,910,000 |
| Total loans | 3,753,238,000 | 3,770,519,000 | 3,823,011,000 | 3,921,139,000 |
| Allowance for loan losses | 27,644,000 | 27,398,000 | 26,997,000 | 27,014,000 |
| Securities available for sale | 994,881,000 | 969,168,000 | 887,020,000 | 899,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 12,480,000 | 25,858,000 | 37,766,000 | 27,736,000 |
| Total deposits | 3,505,710,000 | 3,506,555,000 | 3,587,363,000 | 3,501,121,000 |
| Interest-bearing deposits | 2,927,089,000 | 2,917,469,000 | 2,966,529,000 | 2,889,145,000 |
| Noninterest-bearing deposits | 578,621,000 | 589,086,000 | 620,834,000 | 611,976,000 |
| Equity capital | 488,270,000 | 503,863,000 | 517,261,000 | 521,969,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 50,533,000 | 101,259,000 | 150,988,000 | 199,243,000 |
| Interest expense | 15,697,000 | 32,312,000 | 48,818,000 | 64,850,000 |
| Net interest income | 34,836,000 | 68,947,000 | 102,170,000 | 134,393,000 |
| Noninterest income | 15,394,000 | 32,253,000 | 50,608,000 | 66,264,000 |
| Noninterest expense | 26,774,000 | 54,877,000 | 81,698,000 | 109,433,000 |
| Provision for loan losses | 650,000 | 1,175,000 | 1,575,000 | 1,575,000 |
| Pretax income | 22,806,000 | 45,068,000 | 69,425,000 | 89,596,000 |
| Income tax | 4,940,000 | 9,670,000 | 14,971,000 | 19,357,000 |
| Net income | 17,866,000 | 35,398,000 | 54,454,000 | 70,239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 435,663,000 | 445,815,000 | 456,469,000 | 463,686,000 |
| Total capital | 463,549,000 | 473,515,000 | 483,783,000 | 490,993,000 |
| Risk-weighted assets | 3,711,151,000 | 3,717,829,000 | 3,759,879,000 | 3,821,161,000 |