Washington Trust Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Washington Trust Bancorp has total assets of $7.2B and total equity of $471.0M. Total deposits are $5.0B, and total loans are $5.6B. It earns a Net Interest Margin of 2.1%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $170.9M.
Key information
15.3x
Asset to equity ratio
2.1%
Net interest margin
| Total deposits | US$4.98b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$170.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WT1's Assets to Equity ratio (15.3x) is moderate.
Allowance for Bad Loans: WT1 has a sufficient allowance for bad loans (139%).
Low Risk Liabilities: 74% of WT1's liabilities are made up of primarily low risk sources of funding.
Loan Level: WT1 has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: WT1's Loans to Deposits ratio (112%) is appropriate.
Level of Bad Loans: WT1 has an appropriate level of bad loans (0.5%).