Washington Trust Bank in Spokane, Washington (WA), ID, OR



Show street view No street view available for this location

Washington Trust Bank routing number info

Table of contents:
Washington Trust Bank
GeneralFDIC Certificate #: 1281
Status: Active
Federal Reserve ID: 58971
Bank Holding Company (Regulatory Top Holder): W.T.b. Financial Corporation (RSSDID: 1029464, Location: Spokane, WA)
Date Established: November 03, 1902
WWW: http://www.watrust.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 41 (Domestic: 40, Interstate: Yes)
OTS Docket #: 10107
FDIC's unique #: 863
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 13, 2009
Last Structure Change Process Date: Febuary 17, 2009
Last Data Update: Febuary 17, 2009
Data Source Date: April 05, 2012
LocationAddress: 717 W Sprague Avenue, Spokane, WA 99201
County: Spokane
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Seattle
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Spokane, WA (#7840)
Core Based Statistical Area (CBSA): Spokane, WA (#44060)
CBSA Metro Statistical Area: Spokane, WA (#44060)
History of ChangesParticipated in FDIC Assisted Absorption/Consolidation/Merger
Corrections
Change in Location
Financial SummaryTotal assets: $4,172.4 mil
Equity capital: $418.0 mil
Deposits held in domestic offices: $3,522.4 mil
Return on assets (ROA): 0.41% ($17.1 mil)
Quarterly return on assets: 0.32% ($13.4 mil)
Return on Equity (ROE): 3.77% ($15.8 mil)
Quarterly return on equity: 3.16% ($13.2 mil)
Net income: $16.2 mil
Quarterly Net income: $3.3 mil
Pretax return on assets: 0.59% ($24,617.1 mil)
Quarterly Pretax return on assets: 0.47% ($19,610.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)755
Total assets$4,172,393
Cash and due from depository institutions$460,306
Interest-bearing balances$389,133
Securities$969,071
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$2,571,261
Loan loss allowance $70,051
Trading account assets$0
Bank premises and fixed assets$34,237
Other real estate owned$21,657
Goodwill and other intangibles$1,349
All other assets$114,512
Life insurance assets$4,172,393
Total liabilities and capital$3,754,439
Total liabilities$3,522,407
Total deposits$2,307,890
Interest-bearing deposits$3,522,407
Deposits held in domestic offices$77
% insured (estimated)199834.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $32,198
All other liabilities $417,954
Total equity capital$417,954
Total bank equity capital$417,954
Perpetual preferred stock$0
Common stock$7,535
Surplus$117,806
Undivided profits $292,613
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $10,460
Income earned, not collected on loans $56,784
Earning assets $1,176
Long-term assets (5+ years) $15,223
Average Assets, year-to-date $3,929,465
Average Assets, quarterly $766,458
Volatile liabilities $3,988,993
Insider loans $4,123,804
FHLB advances $3,026,881
Loans and leases held for sale $4,123,222
Unused loan commitments $27,500
Tier 1 (core) risk-based capital $27,500
Tier 2 risk-based capital $424,691
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,188,513
Derivatives$47,986
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $164,315
Total interest expense $19,339
Net interest income $144,976
Provision for loan and lease losses $46,800
Total noninterest income $24,964
Fiduciary activities $9,749
Service charges on deposit accounts $7,426
Trading account gains & fees $0
Additional noninterest income $7,789
Total noninterest expense $102,649
Salaries and employee benefits $53,145
Premises and equipment expense $9,657
Additional noninterest expense $39,847
Pre-tax net operating income $20,491
Securities gains (losses) $3,226
Applicable income taxes $7,557
Income before extraordinary items $16,160
Extraordinary gains - net $0
Net income attributable to bank $16,160
Net charge-offs $0
Cash dividends $16,160
Sale, conversion, retirement of capital stock, net $46,296
Net operating income $1,812
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.39%
Cost of funding earning assets 0.52%
Net interest margin 3.87%
Noninterest income to earning assets 0.67%
Noninterest expense to earning assets 2.74%
Net operating income to assets 0.35%
Return on assets (ROA) 0.41%
Pretax return on assets 0.59%
Return on equity (ROE) 3.77%
Retained earnings to average equity (YTD only) 3.35%
Net charge-offs to loans 1.72%
Credit loss provision to net charge-offs 101.09%
Efficiency ratio1.45%
Assets per employee$60,387
Cash dividends to net income (YTD only)5.53%
Condition Ratios (%)
Loss allowance to loans 11.21%
Loss allowance to noncurrent loans 2.65%
Noncurrent assets plus other real estate owned to assets 123.36%
Noncurrent loans to loans 1.88%
Net loans and leases to deposits2.15%
Net loans and leases to core deposits 73.00%
Equity capital to assets 77.73%
Core capital (leverage) ratio 10.02%
Tier 1 risk-based capital ratio 10.30%
Total risk-based capital ratio 14.03%
Memoranda
Average assets$15
Average earning assets$3,988,993
Average equity $428,821
Average loans $3,741,338
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$1,838,505
Number of Accounts1
Personal trust and agency accounts$1,284,464
Employee benefit-defined contribution accounts$586,237
Employee benefit-defined benefit accounts$16,053
Other retirement accounts$70,714
Corporate trust and agency accounts$87,928
Investment management agency accounts$0
Other fiduciary accounts$382,294
Fiduciary accounts held in foreign offices$140,111
Non-managed Assets$1,127
Number of Accounts1837
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$87,928
Employee benefit-defined benefit accounts$0
Other retirement accounts$554,041
Corporate trust and agency accounts$83,599
Other fiduciary accounts$126,247
Fiduciary accounts held in foreign offices$314,404
Back to page top, Back to table top

13 Idaho Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
3915905Coeur D'alene Branch218 E Lakeside Avenue, Coeur D Alene, ID 83814January 02, 1979Full Service Brick and Mortar
40255272Post Falls Branch1601 E Seltice Way, Post Falls, ID 83854July 16, 1993Full Service Brick and Mortar
42189255Rathdrum Branch16102 N Highway 41, Rathdrum, ID 83858March 17, 1997Full Service Retail
45357451Hayden Branch8050 N. Government Way, Hayden, ID 83835May 15, 2000Full Service Brick and Mortar
47357453Fairview Branch7930 Fairview Avenue, Boise, ID 83704April 03, 2000Full Service Brick and Mortar
50360713Boise Downtown Branch901 West Bannock Avenue, Boise, ID 83702November 15, 2000Full Service Brick and Mortar
51362790Nampa Branch2200 North Cassia Street, Nampa, ID 83651October 01, 2001Full Service Brick and Mortar
52363063Meridian Financial Center Branch3251 East Presidential Drive, Meridian, ID 83642August 01, 2001Full Service Brick and Mortar
55425148State Street7309 W. State Street, Garden City, ID 83714November 10, 2003Full Service Brick and Mortar
58433011Overland Branch7802 West Overland Road, Boise, ID 83709November 08, 2004Full Service Brick and Mortar
60462250Sandpoint Branch515 Pine Street, Suite D, Sandpoint, ID 83864March 26, 2007Full Service Brick and Mortar
61470077Meadow Lake Branch4037 East Clocktower Lane, #12, Meridian, ID 83642January 07, 2008Full Service Brick and Mortar
64489804Idaho Center Branch6010 E. Franklin Road, Nampa, ID 83651December 15, 2008Full Service Brick and Mortar
Back to page top

2 Oregon Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
65489894Portland Office Branch920 Sw 6th Avenue, Suite 1300, Portland, OR 97204April 01, 2009Full Service Brick and Mortar
66493994Beaverton Branch8905 Sw Nimbus Avenue, Suite 125, Beaverton, OR 97008Febuary 13, 2009Full Service Brick and Mortar
Back to page top

26 Washington Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0863Washington Trust Bank717 W Sprague Avenue, Spokane, WA 99201November 03, 1902Full Service Brick and Mortar
2189234Second & Wall Branch706 West 2nd Avenue, Spokane, WA 99201November 13, 1950Full Service Brick and Mortar
4189236East Sprague Branch3510 East Sprague Avenue, Spokane, WA 99202Febuary 11, 1957Full Service Brick and Mortar
7189239Manito Branch611 E 31st Avenue, Spokane, WA 99203January 13, 1970Full Service Brick and Mortar
8189240Medical Center Branch105 W 8th Avenue, Spokane, WA 99204Febuary 25, 1974Full Service Brick and Mortar
12189244Indiana Branch27 E Indiana Avenue, Spokane, WA 99207November 28, 1978Full Service Brick and Mortar
14189246Deer Park BranchSouth 903 Main Street, Deer Park, WA 99006December 08, 1980Full Service Brick and Mortar
17189247Northgate Branch7815 Division Street, Spokane, WA 99208March 15, 1982Full Service Brick and Mortar
26240821East Wenatchee Branch523 Valley Mall Parkway, East Wenatchee, WA 98802January 20, 1965Full Service Brick and Mortar
28240823Quincy Branch509 Central Avenue South, Quincy, WA 98848November 20, 1960Full Service Brick and Mortar
2914100Moses Lake Branch402 S Ash Street, Moses Lake, WA 98837July 06, 1971Full Service Brick and Mortar
30248054Ephrata Branch12 Basin Street, N.W., Ephrata, WA 98823May 08, 1967Full Service Brick and Mortar
32189248Valley Financial Center Branch310 North Argonne Road, Spokane, WA 99212May 16, 1994Full Service Brick and Mortar
33189249Five Mile Branch1906 West Francis Avenue, Spokane, WA 99205May 31, 1994Full Service Brick and Mortar
34189250South Wenatchee Branch759 South Wenatchee Avenue, Wenatchee, WA 98801June 05, 1995Full Service Brick and Mortar
37189253Lincoln Heights Branch2415 E 29th Avenue, Spokane, WA 99223April 13, 1998Full Service Brick and Mortar
38189254Sullivan Branch407 N Sullivan Road, Spokane Valley, WA 99037September 05, 1995Full Service Brick and Mortar
46357452North Wenatchee Branch1851 N Wenatchee Ave., Wenatchee, WA 98801March 06, 2000Full Service Brick and Mortar
48357542Seattle Branch601 Union St. Ste 4747, Seattle, WA 98101April 03, 2000Full Service Brick and Mortar
49360711Kennewick Branch3250 W. Clearwater Avenue, Kennewick, WA 99336September 18, 2000Full Service Brick and Mortar
53366049Maple And Garland Branch3810 North Maple Street, Spokane, WA 99205May 27, 2003Full Service Brick and Mortar
54419170Liberty Lake Branch1427 North Liberty Lake Road, Liberty Lake, WA 99019July 29, 2002Full Service Brick and Mortar
56425149Wandermere Branch438 Hastings Road, Spokane, WA 99218November 12, 2003Full Service Brick and Mortar
57432379Bellevue Branch10500 Ne 8th Street, Suite 1100, Bellevue, WA 98004October 04, 2004Full Service Brick and Mortar
62470560Airway Heights Branch10609 W State Route 2, Spokane, WA 99224January 28, 2008Full Service Brick and Mortar
67529746Pullman Branch597 Se Bishop Blvd.,, Pullman, WA 99163November 02, 2011Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Washington Trust Bank.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.