Bank Safety Analysis
Is Washington Trust Bank Safe? Spokane, Washington
Based on its Q3 2026 call report, Washington Trust Bank meets every capital ratio test for well capitalized, its Texas ratio is 3.62%, and its deposits are FDIC insured up to $250,000 per depositor.
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Short answer: is Washington Trust Bank safe?
On its Q3 2026 call report, Washington Trust Bank's CET1 ratio is 12.12%, above the 6.5% well-capitalized threshold.
- CET1 ratio (Q3 2026): 12.12%
- Tier 1 leverage ratio (Q3 2026): 9.80%
- Texas ratio (Q3 2026): 3.62%
- Noncurrent loans ratio (Q3 2026): 0.67%
Washington Trust Bank is an FDIC-insured commercial bank (FDIC Certificate #1281). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Source: the FFIEC call report Washington Trust Bank (FDIC Certificate #1281) filed for the quarter ended September 30, 2026. BankRegReports computes every ratio on this page from that filing.
Context: largest US bank failures.
Washington Trust Bank passes all 5 scorecard dimensions, but not every risk screen below is clear. 3 risk screens are flagged: uninsured deposit share, commercial real estate to capital, and held-to-maturity unrealized loss to equity.
In Q3 2026, net interest margin edged up by 0.11 percentage points, from 3.81% to 3.92%, the largest move among the key lines here. Within Washington, Washington Trust Bank is 15th of 19 on CET1 ratio, 12.12% as of Q3 2026. Washington Trust Bank reported 12.12% on CET1 ratio for Q3 2026, 0.77 points below the 12.88% median for banks in the $10B-100B asset tier. From Q4 2023 to Q3 2026, Washington Trust Bank's CET1 ratio ranged between 11.54% (Q3 2025) and 12.12% (Q3 2026) and its Texas ratio ranged between 2.89% (Q1 2024) and 6.81% (Q4 2024). Between Q3 2025 and Q3 2026, Washington Trust Bank's CET1 ratio rose from 11.54% to 12.12%, nonperforming loan ratio (nonaccrual plus 90+ days past due) fell from 0.74% to 0.67%, Texas ratio fell from 4.51% to 3.62% and return on assets rose from 1.03% to 1.14%.
By total assets at Q3 2026, Washington Trust Bank is the 3rd largest of the 28 banks headquartered in Washington. 1-4 family residential loans are its largest loan category, $1.84B of $7.48B in total loans on its September 30, 2026 call report. Against the 134 banks with $10B to $100B in assets for Q3 2026, Washington Trust Bank's CET1 ratio of 12.12% is below the 12.88% median, Tier 1 leverage ratio of 9.80% is below the 10.21% median, nonperforming loans ratio of 0.67% is at the 0.67% median, Texas ratio of 3.62% is below the 4.26% median, and efficiency ratio of 67.60% is above the 53.78% median.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating.
Held-out test AUC 0.925 for the 1-year horizon (v20261103_032653). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety.
How does Washington Trust Bank score on capital, credit and costs?
Peer cohort: $10B to $100B (124 banks) · Industry averages as of Q3 2026.
Median of the 134 banks with $10B to $100B in assets, Q3 2026: 12.88%.
Median of the 134 banks with $10B to $100B in assets, Q3 2026: 10.21%.
Median of the 134 banks with $10B to $100B in assets, Q3 2026: 0.67%.
Median of the 134 banks with $10B to $100B in assets, Q3 2026: 4.26%.
Median of the 134 banks with $10B to $100B in assets, Q3 2026: 53.78%.
Does Washington Trust Bank trip any risk screens?
Latest filing (Q3 2026), passing screens included.
| Screen | Value | Result |
|---|---|---|
| CET1 capital ratio supervisory threshold | 12.12% | Within range |
| Texas ratio BankRegReports band | 3.62% | Within range |
| Nonperforming loan ratio BankRegReports band | 0.67% | Within range |
| Uninsured deposit share BankRegReports band | 57.60% | Flagged |
| Loan-to-deposit ratio BankRegReports band | 82.75% | Within range |
| Commercial real estate to capital supervisory threshold | 211.87% | Flagged |
| Held-to-maturity unrealized loss to equity BankRegReports band | 26.25% | Flagged |
Capital ratio: last 12 quarters
| Quarter | CET1 (%) |
|---|---|
| Q3 2026 | 12.12% |
| Q2 2026 | 11.91% |
| Q1 2026 | 11.97% |
| Q4 2025 | 11.68% |
| Q3 2025 | 11.54% |
| Q2 2025 | 11.55% |
| Q1 2025 | 11.63% |
| Q4 2024 | 11.78% |
| Q3 2024 | 11.57% |
| Q2 2024 | 11.73% |
| Q1 2024 | 11.85% |
| Q4 2023 | 11.88% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q3 2026 | 3.62% |
| Q2 2026 | 4.03% |
| Q1 2026 | 3.88% |
| Q4 2025 | 4.39% |
| Q3 2025 | 4.51% |
| Q2 2025 | 6.16% |
| Q1 2025 | 6.45% |
| Q4 2024 | 6.81% |
| Q3 2024 | 3.09% |
| Q2 2024 | 3.20% |
| Q1 2024 | 2.89% |
| Q4 2023 | 3.02% |
Loans by type, Q3 2026
- 1-4 family residential loans: $1.84B
- Commercial and industrial loans: $1.46B
- Non-owner-occupied commercial real estate loans: $1.24B
- Owner-occupied commercial real estate loans: $1.10B
- Construction and land development loans: $782.5M
- Multifamily loans: $453.8M
- Agricultural production loans: $218.5M
- All other loans: $160.8M
How have Washington Trust Bank's safety ratios changed?
| Quarter end | Total assets | CET1 | Leverage | NPL ratio | Texas ratio | Efficiency |
|---|---|---|---|---|---|---|
| Sep 30, 2026 | $10.68B | 12.12% | 9.80% | 0.67% | 3.62% | 67.60% |
| Jun 30, 2026 | $10.54B | 11.91% | 9.73% | 0.73% | 4.03% | 67.52% |
| Mar 31, 2026 | $10.70B | 11.97% | 9.59% | 0.71% | 3.88% | 65.70% |
| Dec 31, 2025 | $10.68B | 11.68% | 9.30% | 0.74% | 4.39% | 67.92% |
| Sep 30, 2025 | $10.63B | 11.54% | 9.24% | 0.74% | 4.51% | 74.29% |
| Jun 30, 2025 | $10.68B | 11.55% | 9.15% | 0.96% | 6.16% | 69.93% |
| Mar 31, 2025 | $10.70B | 11.63% | 9.00% | 1.03% | 6.45% | 74.35% |
| Dec 31, 2024 | $10.73B | 11.78% | 8.69% | 1.09% | 6.81% | 72.52% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is Washington Trust Bank FDIC insured?
Yes. Washington Trust Bank is an FDIC-insured commercial bank (FDIC Certificate #1281). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is Washington Trust Bank well capitalized?
On its Q3 2026 call report, Washington Trust Bank's CET1 ratio is 12.12%, above the 6.5% well-capitalized threshold. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are Washington Trust Bank's key safety ratios?
For Q3 2026, Washington Trust Bank reports CET1 12.12%, leverage 9.80%, Texas ratio 3.62%, noncurrent loans 0.67%. Its Texas ratio compares with the 4.26% median for the 134 banks with $10B to $100B in assets.
What happens to my deposits if Washington Trust Bank fails?
For Q3 2026, Washington Trust Bank reported $9.04B in total deposits, 57.60% of them estimated as uninsured. If it failed, the FDIC would pay insured deposits up to $250,000 per depositor.
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Where does this data come from?
Not investment advice. See the full Washington Trust Bank profile.
How we score this
Capital categories follow Prompt Corrective Action (12 CFR 324.403): well capitalized at a CET1 ratio of 6.5%, Tier 1 risk-based 8%, total risk-based 10% and Tier 1 leverage 5%; adequately capitalized at 4.5%, 6%, 8% and 4%. A community bank may elect the community bank leverage ratio instead.
CET1 Ratio: Common equity tier 1 (CET1) capital, mostly common stock and retained earnings, divided by risk-weighted assets. Pass ≥ 7.0% (well-capitalized plus buffer), fail < 4.5% (below minimum).
Tier 1 Leverage Ratio: Tier 1 capital divided by average total assets, with no risk weighting. Pass ≥ 5.0% (well-capitalized), fail < 4.0% (below minimum).
Nonperforming Loans (NPL) Ratio: Nonaccrual loans plus loans 90 or more days past due, divided by total loans. Pass < 1.5%, fail > 3.0%.
Texas Ratio: Problem assets (nonaccrual loans, loans 90+ days past due and still accruing, and OREO, net of U.S. government-guaranteed portions) divided by tangible equity plus the allowance for credit losses. Pass < 50%, fail > 100% (historical failure threshold).
Efficiency Ratio: Noninterest expense divided by revenue (net interest income plus noninterest income). Pass ≤ 75% (lower is better), fail ≥ 90%.
Risk screens, beyond those bands: Uninsured deposit share watch at 50%, concern at 70%; Loan-to-deposit ratio flags at 100% or above; Commercial real estate to capital watch at 200%, concern at 300%; Held-to-maturity unrealized loss to equity watch at 10%, concern at 25%; NPL, Texas ratio and efficiency bands are ours.
Not a credit rating. Methodology.
Regulator records: FDIC BankFind (cert 1281) · FFIEC NIC profile (RSSD 58971)
Explore: Full Washington Trust Bank profile · Other banks in WA · Metric glossary · How the call report works