Washington Trust Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	29.48	113.89	90.18	118.42	178.49
Investment Securities	74.25	61.16	246.42	219.83	217.9
Trading Asset Securities	-	54.3	51.97	45.06	33.69
Mortgage-Backed Securities	940.34	855.15	753.96	774.1	824.96
Total Investments	1,015	970.61	1,052	1,039	1,077
Gross Loans	5,134	5,138	5,648	5,110	4,273
Allowance for Loan Losses	-37.24	-41.96	-41.06	-38.03	-39.09
Other Adjustments to Gross Loans	-	-0.24	-0.29	-0.32	-0.41
Net Loans	5,097	5,096	5,607	5,072	4,234
Property, Plant & Equipment	61.31	53.82	61.66	58.71	55.6
Goodwill	63.91	63.91	63.91	63.91	63.91
Other Intangible Assets	4.3	2.89	3.71	4.55	5.41
Loans Held for Sale	35.83	303.41	20.08	8.99	40.2
Accrued Interest Receivable	-	-	-	20.7	12.6
Other Receivables	-	6	5.5	5.1	6.6
Other Current Assets	-	4.79	-	-	-
Long-Term Deferred Tax Assets	-	63.02	53.81	56.37	14.01
Other Real Estate Owned & Foreclosed	-	-	0.68	-	-
Other Long-Term Assets	285.64	200.52	190.43	166.64	148.99
Total Assets	6,622	6,931	7,203	6,660	5,851
Interest Bearing Deposits	4,675	4,100	4,383	4,160	4,035
Institutional Deposits	-	353.9	271.2	-	-
Non-Interest Bearing Deposits	595.09	661.78	693.75	858.95	945.23
Total Deposits	5,270	5,116	5,348	5,019	4,980
Short-Term Borrowings	-	51.66	52.81	76.01	38.54
Current Portion of Long-Term Debt	-	750	-	-	-
Current Portion of Leases	-	2.9	-	-	-
Federal Home Loan Bank Debt, Long-Term	626	375	1,190	980	145
Long-Term Leases	38.73	26.68	32.03	29.56	29.01
Trust Preferred Securities	22.68	22.68	22.68	22.68	22.68
Pension & Post-Retirement Benefits	-	34.22	33.8	32.26	38.92
Other Long-Term Liabilities	120.71	51.98	50.68	46.91	32.12
Total Liabilities	6,078	6,431	6,730	6,206	5,286
Common Stock	1.22	1.22	1.09	1.09	1.09
Additional Paid-In Capital	198.32	196.95	126.15	127.06	126.51
Retained Earnings	442.74	434.01	501.92	492.04	458.31
Treasury Stock	-19.39	-13.29	-15.31	-8.72	-1.12
Comprehensive Income & Other	-79.31	-119.17	-141.15	-157.8	-19.98
Shareholders' Equity	543.58	499.73	472.69	453.67	564.81
Total Liabilities & Equity	6,622	6,931	7,203	6,660	5,851
Total Debt	687.41	1,229	1,298	1,108	235.23
Net Cash (Debt)	-596.55	-1,061	-1,155	-944.77	-23.05
Net Cash Per Share	-30.94	-61.85	-67.72	-54.36	-1.32
Filing Date Shares Outstanding	19.04	19.28	17.03	17.16	17.33
Total Common Shares Outstanding	19.04	19.27	17.03	17.18	17.33
Book Value Per Share	28.56	25.93	27.75	26.40	32.59
Tangible Book Value	475.37	432.93	405.07	385.21	495.49
Tangible Book Value Per Share	24.97	22.46	23.78	22.42	28.59

Source: S&P Global Market Intelligence. Banks template. Financial Sources.