Vitals
  • Total Assets
    5.7B 6.9 %
  • Total Deposits
    4.9B 8.5 %
  • Total Net Loans
    3.7B 6.6 %
  • Net Income
    52.2M 11.3 %
  • Book Value
    487.3M 6.5 %
  • Book Value x2
    974.7M 6.5 %
  • Book Value x3
    1.5B 6.5 %
ROAA

.988

ROAE

10.862

Efficiency Ratio

64.113

Net Interest Margin

3.551

Balance Sheet Highlights
Financial Highlights Washington Trust Bank All Insured Commercial Banks in Washington
Balance Sheet $(000)
Total Assets 5,664,658 1,309,331
Total Net Loans 3,699,289 914,924
Total Deposits 4,927,938 1,092,792
Total Equity 487,349 152,127
Profitability
Net Income 52,155 12,922
Return on Average Assets .988 .911
Return on Average Equity 10.862 8.319
Net Interest Margin 3.551 3.836
Efficiency Ratio 64.113 71.805
Noninterest Income/Revenue 20.278 18.251
Balance Sheet Ratios
Loan-to-Deposit 75.068 80.687
Securities/Assets .244 .16
Total Equity/Total Assets .086 .116
Tangible Equity/Tangible Assets .086 .099
Capital Adequacy
Tier 1 Common Capital 524,157 127,821
Tier 1 Capital 524,157 127,821
Tier 2 Capital 56,318 10,823
Total Capital 580,475 138,644
Total Risk Weighted Assets 4,474,979 1,050,147
Leverage Ratio 9.43 10.428
Common Equity Tier 1 Capital Ratio 11.71 14.247
Tier 1 Capital Ratio 11.71 14.247
Total Capital Ratio 12.97 15.385

Timeline for Washington Trust Bank

Pinnacle Bank

Acquisition: Washington Trust Bank acquired a new subsidiary, Pinnacle Bank, 15 years

View Profile Feb 14 2009

Northern State Bank

Acquisition: Washington Trust Bank acquired a new subsidiary, Northern State Bank, 27 years

View Profile Mar 17 1997

The Columbia Bank

Acquisition: Washington Trust Bank acquired a new subsidiary, The Columbia Bank, 29 years

View Profile Sep 26 1994

Washington Trust Equity Corporation

Acquisition: Washington Trust Bank acquired a new subsidiary, Washington Trust Equity Corporation , 33 years

View Profile Dec 31 1990

W.T.B. Financial Corporation

W.T.B. Financial Corporation became a new parent organization for Washington Trust Bank.

View Profile Apr 30 1982

Want to see more?

Complete timeline for Washington Trust Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Pinnacle Bank Seller 71,921 Failure 2/14/2009
Northern State Bank Seller 104,872 Pooling of Interests Discontinued 3/17/1997
The Columbia Bank Seller 165,629 Discontinued 9/26/1994
Washington Trust Equity Corporation Seller Discontinued 12/31/1990
Eastern Washington Bank Seller 13,947 Discontinued 12/6/1980
Relationships Role Relationship Start Relationship End
W.T.B. Financial Corporation Parent 4/30/1982
Washington Trust Equity Corporation Subsidary 4/30/1982 12/30/1990
Similar Organizations
Organization City State Total Assets
Central Pacific Bank
 		Honolulu HI 5.3B
Banco Santander Puerto Rico
 		San Juan PR 5.3B
Beal Bank Usa
 		Las Vegas NV 5.4B
Southside Bank
 		Tyler TX 5.5B
Comenity Capital Bank
 		Salt Lake City UT 5.6B
Optum Bank, Inc.
 		Salt Lake City UT 5.7B
Independent Bank
 		Mckinney TX 5.7B
First Security Bank
 		Searcy AR 5.2B
Luther Burbank Savings
 		Manhattan Beach CA 4.8B
World's Foremost Bank
 		Sidney NE 5.7B