Washington Trust Bank

Washington Trust Bank is headquartered in Spokane and is the 4^th largest bank in the state of Washington. It is also the 190^th largest bank in the nation. It was established in 1902 and as of March of 2012, it had grown to 756 employees at 41 locations. Washington Trust Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics Washington Trust Bank FDIC Certificate # 1281 BankRate Report View Year Established 1902 Employees 756 Primary Regulator FDIC Assets and Liabilities Assets $4.20 billion Loans $2.61 billion Deposits $3.55 billion Equity Capital $422.56 million Loan Loss Allowance $70.52 million Unbacked Noncurrent Loans $41.72 million Real Estate Owned $19.05 million Historic Data - March 2011 Assets $3.83 billion Equity Capital $431.99 million Loan Loss Allowance $69.23 million Unbacked Noncurrent Loans $75.94 million Real Estate Owned $29.66 million Profit Margin - Quarterly Net Interest Margin 3.57% Return on Assets 0.48% Return on Equity 4.74% Interest Income $38.66 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Washington Trust Bank had $60.77 million in non-current loans and owned real-estate with $493.07 million in equity and loan loss allowances on hand to cover it. This gives Washington Trust Bank a Texas Ratio of 12.33% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Washington Trust Bank decreased significantly from 21.07% as of March 31, 2011 to 12.33% as of March 31, 2012, resulting in a positive change of 41.50%.This indicates that the balance sheet and financial strength for Washington Trust Bank has improved significantly in recent periods. Deposit Growth In the past year, Washington Trust Bank has increased its total deposits by $358.06 million, resulting in 11.2% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Washington Trust Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Washington Trust Bank has $4.2 billion in assets with $493.07 million in equity, resulting in a capitalization level of 11.74%, which is above average.

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