Washington Trust Bank
Washington Trust Bank is an FDIC-insured commercial bank headquartered in Spokane, WA, supervised by the FDIC, with $10.68B in total assets at Q3 2026, up 0.5% from Q3 2025, the 3rd largest of 28 banks headquartered in Washington. It was established in 1902 and holds FDIC certificate 1281. Its CET1 capital ratio was 12.12% at Q3 2026, above regulatory requirements.
BankRegReports is independent of Washington Trust Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 1281
- Headquarters
- Spokane, WA
- Established
- 1902
- Total assets, Q3 2026
- $10.68B
- Assets vs Q3 2025
- +0.5%
- CET1 ratio, Q3 2026
- 12.12%
- Domestic offices
- 45 branches
- Routing number
- 125100089
- Safety and soundness
- Is Washington Trust Bank safe?
- Latest call report
- Q3 2026, FFIEC 041 · Washington Trust Bank call report
- Holding company
- W.T.B. FINANCIAL CORPORATION
- Asset rank in state
- 3rd of 28 in Washington
Washington Trust Bank, based in Spokane, Washington, reported $10.7 billion in assets at September 30, 2026. It pays an average of 0.85% on its deposits and borrowings, about half the median of 1.98% for the 124 banks with $10 billion to $100 billion in assets. On the other hand, it spends about 68 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 53 cents).
Unrealized losses on its securities total $292 million, equal to 28% of Tier 1 capital, against 27% a year earlier. Its $1.2 billion non-owner-occupied commercial real estate book is now fully current, after 1.03% of it was past due or on nonaccrual a year earlier.
As of September 30, 2026, Washington Trust Bank reported a CET1 capital ratio of 12.12%, a return on assets of 1.14%, a nonperforming-loan ratio of 0.67% and a Texas ratio of 3.62%. The figures come from its call report filed with the FFIEC.
Washington Trust Bank ranks as the 3rd largest of the 28 banks based in Washington, by total assets at Q3 2026. From Q2 2026 to Q3 2026, its total assets rose 1.3% to $10.68B, loans rose 0.1% and deposits rose 2.4%. The largest part of its loan book on September 30, 2026 was 1-4 family residential loans, at 24.5% of total loans, ahead of commercial and industrial loans at 19.5%. Its 44 offices in the FDIC Summary of Deposits are in 29 cities across 3 states; its Spokane 13 offices book 31% of its branch deposits. By the capital ratios in its Q3 2026 call report, Washington Trust Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 717 W Sprague Ave, Spokane, WA 99201
- County
- Spokane
- Metro Area
- Spokane-Spokane Valley, WA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- November 3, 1902
- Domestic offices
- 45 branches
- Employees (FTE)
- 1,257
- Domestic deposits
- $9.04B
- Allowance for credit losses
- $152.5M
- Net charge-offs (YTD)
- $3.7M
- Average total assets
- $10.71B
- Average total loans
- $7.42B
- Average interest-bearing deposits
- $8.97B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1281
- Fed RSSD
- 58971
- SEC CIK
- 1478956 → filed by W.T.B. FINANCIAL CORPORATION
- Website
- www.watrust.com →
- Parent Holding Company
- W.T.B. FINANCIAL CORPORATION (RSSD 1029464)
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. How we compute these figures
Quarterly trends
Over the 12 quarters to Q3 2026, Washington Trust Bank's total assets ran between $10.54B (Q2 2026) and $11.44B (Q4 2023), and it earned a profit in all 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$10.68B total assets against $10.63B; $9.65B total liabilities against $9.67B.
$7.33B net loans and leases against $7.28B; $9.04B total deposits against $8.87B.
$2.13B securities against $2.50B; $781.6M cash and balances due against $463.8M.
$128.4M total interest income against $128.5M; $27.1M total interest expense against $36.1M.
$101.3M net interest income against $92.4M.
$18.1M total noninterest income against $16.6M; $80.7M total noninterest expense against $81.0M.
-$250K provision for credit losses against -$7.3M.
$30.5M net income against $27.5M.
1.14% return on assets against 1.03%; 3.92% net interest margin against 3.57%.
12.12% CET1 capital ratio against 11.54%; 9.80% tier 1 leverage ratio against 9.24%.
Inside the full Washington Trust Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
More than half of deposits are uninsured (above the $250K FDIC threshold). Worth understanding the depositor concentration in stressed scenarios. BankRegReports early-warning band.
Commercial real estate loans are between 200% and 300% of total capital. The 200% line is a BankRegReports watch band, not a supervisory threshold; the 2006 interagency guidance level is 300%. BankRegReports early-warning band below the 300% guidance.
Held-to-maturity securities carry unrealized losses equal to more than a quarter of book equity. Because HTM is held at amortized cost, these losses are not reflected in reported capital, the dynamic that masked Silicon Valley Bank's insolvency before its March 2023 failure. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
Washington Trust Bank rankings
Its closest position to the top of a national ranking is 149 of 4,193, for total assets; its furthest is 1,613 of 2,021, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q3 2026, its return on assets ran from 0.65% (Q1 2025) to 1.23% (Q1 2026) and its net interest margin ran from 2.99% (Q4 2024) to 3.92% (Q3 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 12.12% | 1.14% | 0.67% | 3.62% | 3.92% |
| Q2 2026 | 11.91% | 1.16% | 0.73% | 4.03% | 3.81% |
| Q1 2026 | 11.97% | 1.23% | 0.71% | 3.88% | 3.77% |
| Q4 2025 | 11.68% | 1.14% | 0.74% | 4.39% | 3.79% |
| Q3 2025 | 11.54% | 1.03% | 0.74% | 4.51% | 3.57% |
| Q2 2025 | 11.55% | 0.75% | 0.96% | 6.16% | 3.31% |
| Q1 2025 | 11.63% | 0.65% | 1.03% | 6.45% | 3.11% |
| Q4 2024 | 11.78% | 0.78% | 1.09% | 6.81% | 2.99% |
Swipe the table sideways to see every column.
Branch Network
View all 44 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Seattle Branch | Seattle , WA | 98101 | $1.27B |
| Washington Trust Bank (main office) | Spokane , WA | 99201 | $907.6M |
| Bellevue Branch | Bellevue , WA | 98004 | $843.6M |
| Meridian Financial Center Branch | Meridian , ID | 83642 | $626.7M |
| Portland Office Branch | Portland , OR | 97205 | $365.2M |
| Sullivan Branch | Spokane Valley , WA | 99037 | $334.5M |
| Liberty Lake Branch | Liberty Lake , WA | 99019 | $301.8M |
| Northgate Branch | Spokane , WA | 99208 | $255.0M |
| Valley Financial Center Branch | Spokane , WA | 99212 | $233.2M |
| Ephrata Branch | Ephrata , WA | 98823 | $226.6M |
| Moses Lake Branch | Moses Lake , WA | 98837 | $223.5M |
| East Sprague Branch | Spokane , WA | 99202 | $209.4M |
| Indiana Branch | Spokane , WA | 99207 | $198.0M |
| Boise Downtown Branch | Boise , ID | 83702 | $172.6M |
| Kennewick Branch | Kennewick , WA | 99336 | $167.0M |
| Coeur D'Alene Branch | Coeur D Alene , ID | 83814 | $166.4M |
| East Wenatchee Branch | East Wenatchee , WA | 98802 | $166.1M |
| Lincoln Heights Branch | Spokane , WA | 99223 | $165.4M |
| Downtown Spokane Financial Center Branch | Spokane , WA | 99201 | $156.8M |
| Wandermere Branch | Spokane , WA | 99218 | $137.7M |
| Five Mile Branch | Spokane , WA | 99205 | $130.1M |
| Hayden Branch | Hayden , ID | 83835 | $126.0M |
| Manito Branch | Spokane , WA | 99203 | $124.2M |
| Deer Park Branch | Deer Park , WA | 99006 | $114.8M |
| Nampa Branch | Nampa , ID | 83651 | $105.5M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| February 14, 2009 | M&A | Acquired Pinnacle Bank failure_government_assistance_provided for the acquired bank | SEC |
| February 14, 2009 | Structure Change | Acquired Pinnacle Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| February 13, 2009 | Merger | Participated in FDIC Assisted Merger | FDIC |
| March 17, 1997 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 17, 1997 | Structure Change | Acquired Northern State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 17, 1997 | M&A | Acquired Northern State Bank merger for the acquired bank | SEC |
| September 26, 1994 | M&A | Acquired The Columbia Bank merger for the acquired bank | SEC |
| September 26, 1994 | Structure Change | Acquired The Columbia Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 26, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 1990 | M&A | Acquired Washington Trust Equity Corporation merger for the acquired bank | SEC |
| December 31, 1990 | Structure Change | Acquired Washington Trust Equity Corporation Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 6, 1980 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 6, 1980 | M&A | Acquired Eastern Washington Bank merger for the acquired bank | SEC |
| December 6, 1980 | Structure Change | Acquired Eastern Washington Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 14 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 3.2% of deposits in WA, rank 9 of 61 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 2,218 applications, 1,422 loans originated, $634.3M originated, across 25 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 88 loans, $53.6M approved, $609K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use and updated each quarter. It states no rating or capital category.
Similar banks
Frequently asked about Washington Trust Bank
What are Washington Trust Bank's total assets?
As of the Q3 2026 filing, Washington Trust Bank reported total assets of $10.68 billion in its FFIEC call report.
Where is Washington Trust Bank headquartered?
It is headquartered in Spokane, WA, United States.
When was Washington Trust Bank founded?
It was established in 1902, per the FDIC institution directory.
Is Washington Trust Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1281). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Washington Trust Bank?
Washington Trust Bank's primary federal regulator is the FDIC.
What is Washington Trust Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.12% in its Q3 2026 call report, above regulatory requirements.
How many branches does Washington Trust Bank operate?
It operates 45 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Washington Trust Bank's Texas Ratio?
Its Texas Ratio is 3.62% in its Q3 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures nonperforming assets against the bank's capital and reserves.
Go deeper on Washington Trust Bank.
Get an email when Washington Trust Bank files its next call report, and benchmark it against any peer you choose.
Unlock Washington Trust Bank, freeFree account