Washington Trust Bancorp Inc. (WASH) Income Statement

Income Statement for Washington Trust Bancorp Inc.  (WASH) 
$ 24.22   -0.47 (-1.90%) Volume: 43.57 k 4:00 PM EST Feb 10, 2012
After Hours:  $ 24.25   0.03 (+0.12%) Volume: 100  4:03 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 98,070 96,796 100,939 98,720 92,190
Investment Securities 24,901 32,539 37,507 34,146 38,223
Lease Financing Income - - - - -
Other Interest Income 283 295 2,216 831 -
Federal Funds Sold/Purchased - - - - -
Interest Bearing Deposits - - - - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments - - - 2,737 721
Total Interest Income 123,254 129,630 140,662 136,434 131,134
Deposits 20,312 32,638 41,195 52,422 46,982
Short-Term Debt - - - - -
Long-Term Debt 1,989 1,947 1,879 22,993 22,268
Federal Funds Sold/Purchased - - - - -
Capitalized Lease Obligations - - - - -
Other Interest Expense 23,762 29,153 32,075 1,075 410
Total Interest Income 123,254 129,630 140,662 136,434 131,134
Total Interest Expense (46,063) (63,738) (75,149) (76,490) (69,660)
Net Interest Income 77,191 65,892 65,513 59,944 61,474
Loan Loss Provision (6,000) (8,500) (4,800) (1,900) (1,200)
Net Interest Income After Loan Loss Provision 71,191 57,392 60,713 58,044 60,274
Trust Fees by Commissions 20,670 18,128 - 29,016 26,380
Service Charge on Deposit Accounts 3,587 3,667 4,781 4,713 4,915
Other Service Charges 16,853 15,130 35,173 6,710 6,208
Security Transactions 729 314 2,224 455 443
Premiums Earned - - - - -
Net Realized Capital Gains 4,052 4,352 1,396 1,493 1,423
Investment Banking Profit - - - - -
Other Non-Interest Income 2,999 4,199 2,883 3,122 2,814
Non-Interest Income 48,890 45,790 46,457 45,509 42,183
Salaries and Employee Benefits 63,531 58,578 53,034 39,986 38,698
Net Occupancy Expense 8,950 8,707 8,374 7,623 7,258
Promotion and Advertising 1,633 1,687 1,729 2,024 1,894
Property/Liability Insurance Claims 3,163 4,397 1,044 - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 8,786 4,234 7,561 19,273 17,485
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges 335 (3,137) (5,937) - -
Non-Interest Expense (86,063) (77,603) (71,742) (68,906) (65,335)
Special Income/Charges 335 (3,137) (5,937) - -
Net Income Before Taxes 34,353 22,442 29,491 34,647 37,122
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (10,302) (6,346) (7,319) (10,847) (12,091)
Net Income from Continuing Operations 24,051 16,096 22,172 23,800 25,031
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 24,051 16,096 22,172 23,800 25,031
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 24,051 16,096 22,172 23,800 25,031
Normalized Income 23,716 19,233 28,109 23,800 25,031
Net Income Available for Common 24,051 16,096 22,172 23,800 25,031
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.84 0.84 0.83 0.79 0.75
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 1.49 1.01 1.59 1.78 1.86
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 1.49 1.01 1.59 1.78 1.86
Basic EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 98,070 96,796 100,939 98,720 92,190
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 1.49 1.01 1.59 1.78 1.86
Basic Normalized Net Income/Share 1.47 1.21 2.02 1.78 1.86
Diluted EPS from Continuing Operations 1.49 1.00 1.57 1.75 1.82
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 1.49 1.00 1.57 1.75 1.82
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Diluted EPS, Total 1.49 1.00 1.57 1.75 1.82
Diluted Normalized Net Income/Share 1.47 1.19 1.99 1.75 1.82
Revenues Year-to-Date 172,144 175,420 187,119 181,943 173,317
Income Year-to-Date from Total Operations 24,051 16,096 22,172 23,800 25,031
EPS Year-to-Date from Total Operations 1.49 1.00 1.57 1.75 1.82
Dividends Paid Per Share, Year-to-Date 0.84 0.84 0.83 0.79 0.75
 

NYE - Equity | NYE - ETF | AMX - Equity | AMX - ETF | NSD - Equity | NSD - ETF
NMF - ETF | NMF - Money Market Fund | NMF - Mutual Fund | OTC - Equity | OTO - Equity | OTO - ETF | OTO - Mutual Fund
CNQ - Equity | CBO - Equity | BDM - Equity | TSX - Equity | TSX - ETF | TSX - Mutual Fund | TSV - Equity | TSV - Mutual Fund

Dow Jones Composite Index | Dow Jones Industrial Avg | Dow Jones Transportation Avg | Dow Jones Utiliy Index | NASDAQ 100
Russell 1000 | Russell 2000 | Russell 3000 | Russell Microcap | Russell Midcap | S&P 500 | S&P MidCap 400 | S&P/TSX 60 | S&P/TSX MidCap

Recently Added Symbols   Firms   Find Financial Advisors

Advisors by Name: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

RIAs by Name: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Tags: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Insiders: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

All information displayed and available herein is on an "as is", "as available" basis and neither InvestorPoint.com nor any of its underlying service providers, information providers, licensors, employees, distributors or agents make any representations as to the suitability of our service or the materials for any purpose. The information is not intended for trading purposes or advice. We specifically disclaim any representations or warranties, express or implied, including, without limitation, any representations or warranties of merchantability or fitness for a particular purpose. InvestorPoint.com is not an investment adviser. We do not: (a) give investment advice, (b) advocate the purchase or sale of any security or investment and (c) provide, endorse or review any information or data contained herein. We do not guarantee the accuracy of the information and data supplied by information providers. We are not liable or responsible for the quality, accuracy or reliability of this information. You should always seek the assistance of a professional for investment advice.

Copyright © 2010 InvestorPoint.com All rights reserved.