Overview / Commentary
Founded in 1800, Washington Trust is the largest independent bank in Rhode Island and the oldest community bank in the nation. A state-chartered bank, Washington Trust offers a full range of financial services, including business banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, southeastern Connecticut and Massachusetts
Health
B
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 23623 |
| Year Established | 1800 |
| Employees | 635 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.63% |
| Return on Equity - YTD | 9.31% |
| Annual Interest Income | $184.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $7.19B$7.01B |
| Loans | Q2 2024vs Q2 2023 | $5.61B$5.36B |
| Deposits | Q2 2024vs Q2 2023 | $4.98B$5.33B |
| Equity Capital | Q2 2024vs Q2 2023 | $487.1MM$464.7MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $42.4MM$39.3MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $30.5MM$10.4MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $683K$683K |
