Call reports 2021
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2021
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 5,718,880,000 | 5,851,495,000 | 6,002,886,000 | 5,850,018,000 |
| Total loans | 4,272,340,000 | 4,331,596,000 | 4,335,347,000 | 4,313,377,000 |
| Allowance for loan losses | 42,137,000 | 41,879,000 | 41,711,000 | 39,088,000 |
| Securities available for sale | 948,094,000 | 1,052,577,000 | 1,045,833,000 | 1,042,859,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 44,734,000 | 49,643,000 | 42,873,000 | 32,377,000 |
| Total deposits | 4,554,262,000 | 4,730,005,000 | 5,063,737,000 | 4,988,672,000 |
| Interest-bearing deposits | 3,616,365,000 | 3,824,059,000 | 4,107,404,000 | 4,034,997,000 |
| Noninterest-bearing deposits | 937,897,000 | 905,946,000 | 956,333,000 | 953,675,000 |
| Equity capital | 550,624,000 | 564,020,000 | 567,498,000 | 573,757,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 42,358,000 | 85,568,000 | 129,788,000 | 175,415,000 |
| Interest expense | 9,393,000 | 17,756,000 | 25,815,000 | 33,609,000 |
| Net interest income | 32,965,000 | 67,812,000 | 103,973,000 | 141,806,000 |
| Noninterest income | 25,974,000 | 46,566,000 | 67,087,000 | 87,455,000 |
| Noninterest expense | 34,485,000 | 67,348,000 | 99,727,000 | 134,744,000 |
| Provision for loan losses | -1,951,000 | -1,951,000 | -1,951,000 | -4,601,000 |
| Pretax income | 26,454,000 | 49,030,000 | 73,333,000 | 99,339,000 |
| Income tax | 5,725,000 | 10,647,000 | 16,021,000 | 21,562,000 |
| Net income | 20,729,000 | 38,383,000 | 57,312,000 | 77,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 510,504,000 | 519,129,000 | 525,733,000 | 533,312,000 |
| Total capital | 544,695,000 | 553,127,000 | 559,605,000 | 565,087,000 |
| Risk-weighted assets | 3,969,072,000 | 4,095,229,000 | 4,117,229,000 | 4,125,318,000 |