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The Washington Trust Company, of Westerly
The Washington Trust Company, of Westerly
RSSD ID 816603 | CERTIFICATE 23623 | ABA NUMBER 11500858 |
23 Broad St |
Quarter Ended : |
2025-03-31 |
Westerly, Rhode Island, 2891 |
Updated : |
2025-04-30 |
www.washtrust.com |
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Institution Profile |
Year Opened : |
1800 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
041 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
30 |
Number of Employees : |
618 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 6,585,037 |
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Total Interest Income | 83,739 |
Total Liabilities | 6,046,914 |
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Total NonInterest Income | 22,633 |
Total Bank Equity Capital | 538,123 |
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Total Interest Expense | 46,970 |
Total Deposits | 5,044,462 |
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Total NonInterest Expense | 42,012 |
Net Loans & Leases | 5,055,810 |
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Net Income | 12,591 |
Loan Loss Allowance | 41,056 |
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Net Charge Offs | 2,304 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 613,684 |
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Total loans | 5,198,933 |
Total assets for the leverage ratio | 6,822,293 |
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Loans secured by real estate: | 4,876,743 |
Tier 1 Leverage Ratio | 8.38 |
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Commercial and industrial loans | 151,218 |
Tier 1 Capital Ratio | 12.12 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 13.01 |
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Loans to individuals - Other | 16,408 |
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