Vitals
  • Total Assets
    4.4B 16.2 %
  • Total Deposits
    3.1B 4.4 %
  • Total Net Loans
    3.2B 7.0 %
  • Net Income
    46.4M 4.6 %
  • Book Value
    411.7M 3.8 %
  • Book Value x2
    823.4M 3.8 %
  • Book Value x3
    1.2B 3.8 %
ROAA

1.164

ROAE

11.393

Efficiency Ratio

56.898

Net Interest Margin

3.016

Balance Sheet Highlights
Financial Highlights The Washington Trust Company, Of Westerly All Insured Commercial Banks in Rhode Island
Balance Sheet $(000)
Total Assets 4,380,201 20,839,534
Total Net Loans 3,237,801 15,492,180
Total Deposits 3,065,902 14,848,553
Total Equity 411,703 2,865,868
Profitability
Net Income 46,449 158,991
Return on Average Assets 1.164 1.346
Return on Average Equity 11.393 8.834
Net Interest Margin 3.016 3.706
Efficiency Ratio 56.898 65.587
Noninterest Income/Revenue 31.453 26.157
Balance Sheet Ratios
Loan-to-Deposit 105.607 103.513
Securities/Assets .173 .126
Total Equity/Total Assets .094 .138
Tangible Equity/Tangible Assets .076 .089
Capital Adequacy
Tier 1 Common Capital 363,628 1,992,918
Tier 1 Capital 363,628 1,992,930
Tier 2 Capital 26,212 374,666
Total Capital 389,840 2,367,596
Total Risk Weighted Assets 3,188,125 17,762,669
Leverage Ratio 8.65 11.852
Common Equity Tier 1 Capital Ratio 11.41 15.325
Tier 1 Capital Ratio 11.41 15.325
Total Capital Ratio 12.23 16.557

Timeline for The Washington Trust Company, Of Westerly

Halsey Associates, Inc

Halsey Associates, Inc became a new subsidiary organization for The Washington Trust Company, Of Westerly.

View Profile Aug 01 2015

Washington Trust Morgage Company Llc

Washington Trust Morgage Company Llc became a new subsidiary organization for The Washington Trust Company, Of Westerly.

View Profile Nov 26 2012

Douglas Manor Apartments, Lp

Douglas Manor Apartments, Lp became a new subsidiary organization for The Washington Trust Company, Of Westerly.

View Profile Jul 01 2010

Colonial Village Associates, Lp

Colonial Village Associates, Lp became a new subsidiary organization for The Washington Trust Company, Of Westerly.

View Profile Dec 02 2009

Washington Financial Llc

Washington Financial Llc became a new subsidiary organization for The Washington Trust Company, Of Westerly.

View Profile Sep 09 2009

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Complete timeline for The Washington Trust Company, Of Westerly is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Bank And Trust Company Seller 181,321 Acquisition Discontinued 4/17/2002
Pierbank Seller 60,124 Pooling of Interests Discontinued 8/26/1999
Relationships Role Relationship Start Relationship End
Washington Trust Bancorp, Inc. Parent 6/30/1984
Pawcatuck Property Management, Inc. Subsidary 6/30/2007
Delaware River Investment Corporation Subsidary 6/30/2007
Five Star Investment Corporation Subsidary 6/30/2007
Weston Financial Group Subsidary 6/30/2007
Washington Financial Llc Subsidary 9/9/2009
Washington Trust Morgage Company Llc Subsidary 11/26/2012
Colonial Village Associates, Lp Subsidary 12/2/2009
Douglas Manor Apartments, Lp Subsidary 7/1/2010
Halsey Associates, Inc Subsidary 8/1/2015
Tiara Corporation Subsidary 6/30/2007 5/29/2009
Pawcatuck Property Management, Inc. Subsidary 10/24/1994 6/29/2007
Delaware River Investment Corporation Subsidary 7/1/1999 6/29/2007
Five Star Investment Corporation Subsidary 8/1/2002 6/29/2007
Tiara Corporation Subsidary 8/1/2002 6/29/2007
Weston Financial Group Subsidary 8/31/2005 6/29/2007
Mount Vernon Investment Corporation Subsidary 10/1/1997 12/12/2000
Washington Financial Company, The Subsidary 5/6/1996 12/24/1997
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