The Washington Trust Company, of Westerly: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 5.15% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 5.15% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 12.22% +5.72 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $578.6M | 578,612 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $4.74B | 4,735,133 | RCOAA223 |
| Recomputed ratio | 12.22% | numerator / denominator | |
| Filed ratio | 12.22% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +5.72 pp | $270.8M | capital that could be lost first |
Tier 1 risk-based capital ratio 12.22% +4.22 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $578.6M | 578,612 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $4.74B | 4,735,133 | RCOAA223 |
| Recomputed ratio | 12.22% | numerator / denominator | |
| Filed ratio | 12.22% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +4.22 pp | $199.8M | capital that could be lost first |
Total risk-based capital ratio 13.15% +3.15 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $622.5M | 622,523 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $4.74B | 4,735,133 | RCOAA223 |
| Recomputed ratio | 13.15% | numerator / denominator | |
| Filed ratio | 13.15% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +3.15 pp | $149.0M | capital that could be lost first |
Tier 1 leverage ratio 8.92% +3.92 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $578.6M | 578,612 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $6.49B | 6,489,592 | RCOAA224 |
| Recomputed ratio | 8.92% | numerator / denominator | |
| Filed ratio | 8.92% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +3.92 pp | $254.1M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 294,976 | 294,130 | 293,478 | 292,938 | 292,106 | 291,232 | RCOAP742 |
| Retained earnings | 351,051 | 345,703 | 343,674 | 338,356 | 348,128 | 346,070 | RCOAKW00 |
| Accumulated other comprehensive income | (77,360) | (78,435) | (79,309) | (84,828) | (95,949) | (99,179) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 568,667 | 561,398 | 557,843 | 546,466 | 544,285 | 538,123 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 9,945 | 10,894 | 11,643 | 17,042 | 30,188 | 33,265 | P859 - P840 |
| Common equity Tier 1 capital | 578,612 | 572,292 | 569,486 | 563,508 | 574,473 | 571,388 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 578,612 | 572,292 | 569,486 | 563,508 | 574,473 | 571,388 | RCOA8274 |
| Tier 2 capital | 43,911 | 42,366 | 38,376 | 37,616 | 42,249 | 42,296 | RCOA5311 |
| Allowance includable in Tier 2 capital | 43,911 | 42,366 | 38,376 | 37,616 | 42,249 | 42,296 | RCOA5310 |
| Total capital | 622,523 | 614,658 | 607,862 | 601,124 | 616,722 | 613,684 | RCOA3792 |
| Total risk-weighted assets | 4,735,133 | 4,647,806 | 4,751,797 | 4,721,810 | 4,759,794 | 4,715,227 | RCOAA223 |
| Average total assets for the leverage ratio | 6,489,592 | 6,585,615 | 6,673,022 | 6,781,440 | 6,693,420 | 6,822,293 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $121.6M | $6.5M | 5.37% | 0.14% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $993.9M | $143.4M | 14.43% | 3.03% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $2.36B | $1.29B | 54.40% | 27.14% | RC-R Part II, item 4.a, 5.a |
| Loans: past due and nonaccrual | $29.0M | $43.6M | 150.00% | 0.92% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $2.75B | $2.74B | 99.73% | 57.83% | RC-R Part II, item 4.d, 5.d |
| All other assets | $335.1M | $318.8M | 95.14% | 6.73% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $148.5M | $145.3M | 97.83% | 3.07% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $70.3M | $54.2M | 77.03% | 1.14% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $2K | NA | 0.00% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $4.74B | ties to item 31 ($4.74B) |
|---|---|---|
| Risk-weighted assets before deductions | $4.74B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $4.74B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 12.22% | 12.22% | 13.15% | 8.92% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 12.31% | 12.31% | 13.22% | 8.69% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 11.98% | 11.98% | 12.79% | 8.53% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 11.93% | 11.93% | 12.73% | 8.31% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 12.07% | 12.07% | 12.96% | 8.58% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 12.12% | 12.12% | 13.01% | 8.38% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 11.54% | 11.54% | 12.37% | 8.06% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 11.27% | 11.27% | 12.10% | 7.77% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 10.90% | 10.90% | 11.70% | 7.74% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 10.73% | 10.73% | 11.51% | 7.73% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 10.75% | 10.75% | 11.47% | 7.72% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 10.65% | 10.65% | 11.36% | 7.78% | 12.78% | 12.79% | 13.93% | 10.03% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| The Washington Trust Company, of Westerly (this bank) | Risk-based | 12.22% | 12.22% | 13.15% | 8.92% | |
| Horizon Bank | $6.55B | Risk-based | 12.60% | 12.60% | 13.60% | 10.52% |
| TrustCo Bank | $6.52B | Risk-based | 14.48% | 14.48% | 15.73% | 8.38% |
| SMBC Manubank | $6.60B | Risk-based | 23.92% | 23.92% | 24.05% | 9.63% |
| United Fidelity Bank, FSB | $6.49B | Risk-based | 11.08% | 13.26% | 15.09% | 10.16% |
| First Bank | $6.65B | Risk-based | 13.06% | 13.06% | 13.98% | 9.67% |
| Midland States Bank | $6.69B | Risk-based | 13.59% | 13.59% | 14.84% | 10.08% |
| Alpine Bank | $6.69B | Risk-based | 15.21% | 15.21% | 16.42% | 11.02% |
| Choice Financial Group | $6.38B | CBLR | NA | NA | NA | 10.84% |
| Heartland Bank and Trust Company | $6.72B | Risk-based | 14.75% | 14.75% | 15.80% | 11.94% |
| Third Coast Bank | $6.73B | Risk-based | 12.10% | 12.10% | 12.91% | 11.44% |
| Peer 25th percentile | 12.60% | 13.06% | 13.98% | 9.78% | ||
| Peer median | 13.59% | 13.59% | 15.09% | 10.34% | ||
| Peer 75th percentile | 14.75% | 14.75% | 15.80% | 10.97% | ||
| This bank's percentile | 22 | 11 | 11 | 10 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/816603/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.