Call reports 2022
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2022
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 5,847,264,000 | 5,981,478,000 | 6,406,972,000 | 6,659,837,000 |
| Total loans | 4,299,708,000 | 4,502,741,000 | 4,873,338,000 | 5,119,393,000 |
| Allowance for loan losses | 39,236,000 | 36,317,000 | 36,863,000 | 38,027,000 |
| Securities available for sale | 1,008,184,000 | 1,020,469,000 | 982,573,000 | 993,928,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 14,805,000 | 25,103,000 | 46,284,000 | 44,304,000 |
| Total deposits | 5,139,822,000 | 5,030,328,000 | 5,082,692,000 | 5,034,902,000 |
| Interest-bearing deposits | 4,216,149,000 | 4,117,880,000 | 4,131,608,000 | 4,160,262,000 |
| Noninterest-bearing deposits | 923,673,000 | 912,448,000 | 951,084,000 | 874,640,000 |
| Equity capital | 522,457,000 | 483,331,000 | 437,784,000 | 458,750,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 42,534,000 | 87,153,000 | 140,609,000 | 205,841,000 |
| Interest expense | 7,344,000 | 14,310,000 | 25,518,000 | 49,112,000 |
| Net interest income | 35,190,000 | 72,843,000 | 115,091,000 | 156,729,000 |
| Noninterest income | 17,131,000 | 32,972,000 | 48,769,000 | 62,578,000 |
| Noninterest expense | 30,953,000 | 61,878,000 | 94,789,000 | 128,012,000 |
| Provision for loan losses | 0 | -2,929,000 | -2,329,000 | -1,429,000 |
| Pretax income | 21,268,000 | 46,837,000 | 71,171,000 | 92,595,000 |
| Income tax | 4,518,000 | 9,911,000 | 15,297,000 | 19,789,000 |
| Net income | 16,750,000 | 36,926,000 | 55,874,000 | 72,806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 539,747,000 | 539,376,000 | 547,707,000 | 554,879,000 |
| Total capital | 574,138,000 | 570,777,000 | 579,854,000 | 588,090,000 |
| Risk-weighted assets | 4,146,519,000 | 4,337,434,000 | 4,712,382,000 | 4,890,724,000 |