# WASHINGTON TRUST BANK
SPOKANE, WA · FDIC certificate 1281 · asset band $10-100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $10.54B | |
| Deposits | $8.83B | |
| Loans and leases | $7.47B | |
| Total equity | $1.01B | |
| Loans / deposits | 82.89% (p41 of band) | 85.78% |
| Liquid assets / assets | 26.51% (p65 of band) | |
| Uninsured deposits / deposits | 57.30% (p95 of band) | 38.39% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.84% (p33 of band) | |
| FHLB advances / assets | 2.37% | |
| Tier 1 leverage | 9.73% (p36 of band) | 10.17% |
| Unrealized securities loss / equity | -24.41% (p6 of band) | -7.43% |
| AOCI / equity | 0.08% (p87 of band) | |
| ROA (annualized) | 1.19% (p43 of band) | 1.24% |
| Net interest margin | 3.84% (p68 of band) | 3.57% |
| Efficiency ratio | 66.67% (p87 of band) | |
| Noncurrent loans | 0.73% (p57 of band) | 0.66% |
| Net charge-offs (annualized) | 0.04% (p30 of band) | |
| Reserve coverage of noncurrent | 285.59% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 77.18% (p93 of band) | |
| Auto loans | $14.9M (0.20% of loans; DQ 0.67%, NCO 0.00%) | |
| Loans to nondepository financials | $18.8M (2% of equity) (p28 of band) | |
| Deposits YoY | 1.7% | |
| Employees | 1242 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 0 |  | reserve under noncurrent, construction >100% equity |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | uninsured deposits leaving |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 | capital falling | uninsured deposits leaving |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | uninsured deposits >50% |  |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 0 |  | uninsured deposits >50%, capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | uninsured deposits >50% |  |
| 2017-12 | 2 | capital falling |  |
| 2018-03 | 1 |  | capital falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | uninsured deposits >50% |
| 2019-06 | 1 | uninsured deposits >50% |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | capital falling |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | capital falling |
| 2022-06 | 3 | securities losses >30% of equity, expense ratio p90 |  |
| 2022-09 | 2 |  | expense ratio p90 |
| 2022-12 | 4 | deposits shrinking, assets shrinking |  |
| 2023-03 | 5 | uninsured deposits leaving |  |
| 2023-06 | 5 | wholesale funding >15% | assets shrinking |
| 2023-09 | 7 | capital falling, expense ratio p90 |  |
| 2023-12 | 6 |  | uninsured deposits leaving |
| 2024-03 | 5 |  | deposits shrinking |
| 2024-06 | 5 | NIM <2.5% | capital falling |
| 2024-09 | 3 |  | wholesale funding >15%, NIM <2.5% |
| 2024-12 | 4 | assets shrinking |  |
| 2025-03 | 3 |  | assets shrinking |
| 2025-06 | 3 |  |  |
| 2025-09 | 2 |  | securities losses >30% of equity |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | expense ratio p90 |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-04-09 [Washington Trust Bank swings for growth - Spokane Journal of Business](https://news.google.com/rss/articles/CBMingFBVV95cUxPUUpfMmRtM0lkZVY0OV9Fa1g2MnZWNnZpbFhORFVFNFQxWTBZeHZXWG9valN2UDFTSjdRbUFGSW1XSWJJRDBVWEFKRTVnRDYzY0s2aUl4Sk9tblhFSkhEOVRxb2Y1VkFIUEJ5NTdtVFFYRHdfakt6RGRxdkw5VkJ0OEJ1WWFXYWVkRHkzR1l3OU9hSGZtVUhJcUVkNHhXZw?oc=5) · Spokane Journal of Business
- 2026-06-13 [Washington Trust Bank’s annual Shred Day is Monday in Pullman - The Lewiston Tribune](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOMVlmSlRQVkdQSkdJdk13aFNtZEhvVC1xelA4OW1CVjJDUkVqSjNlTkpfR1ZDZS1qN19KUTh4bjl6UDcxSllXRUw5LWVxemtsbTVvVEFtSmhEZk9VcEdmTG1HQVl4Vkp5cENZRTZNRUU0aDNPclBtdHFobFdKdmQ3ZlVPUzhUc2Z2WmtJOW5zZU9YZ1JiYUxKcnhfc3pGUmlaaFpyeERxejYwUQ?oc=5) · The Lewiston Tribune
- 2025-07-31 [New bank enters Pierce County market with building purchase, financial center - thenewstribune.com](https://news.google.com/rss/articles/CBMidEFVX3lxTE9MTTZMTE9YbHpabmU5c2htbnRrdFQybjNTLXNLRnhQbzJ2WW5hZDZqMTh1UGhVeFJsWWJSV0o3MW8ya3YwMDRaNWpkcnl1MVRRT2I0ZkN5NDJHenM3aUtKeUZJVFBqZndScHlUV3RZMHhlYWRf0gF0QVVfeXFMT0poUm53dFluM0VHYlV6SnFKTnRuYXctVDJxaUx4US1WTDNid0xVeFlxYnp3NFNtbFRIWjgteUtyMXVBRFUyVDJVS2RSaTJlVkFBcWo3cUxjNzVSSGJrSjRMQTh0THdnZVFvaDRBVXdKajdVQTc?oc=5) · thenewstribune.com
- 2026-06-07 [William R. "Bill" Hawley Obituary (1946 - 2026) - Spokane, WA - Spokesman-Review - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxQMEFFb3JKcTZ1QVRBeEN3TkVWTC1vN24wdmNhVzQ4YWVYcElZME41bnkyWExCb2JkbE9LNzFOOW5ZUjFweEdoUzBDcnlLdVRfbjZWTFFtNThTcHEzdnVrTHFXX1JNbzItR0JGT0llaGJ5c3FKOHpsR1dLYkQ2VVROTEtXVnBxbWR5T2oxek9JOGZtUTRvOFd1dXRn?oc=5) · legacy.com
- 2023-08-16 [Washington Trust Bank rebrands the Wells Fargo building in downtown Spokane - The Spokesman-Review](https://news.google.com/rss/articles/CBMingFBVV95cUxNeTdYY0xDUEIxcVFuOE5tTUFjMVRHVUdIVG1DdTZVWEo2c3dvREoxTE1BS1hHdHFRWFlrWVA2UkxlN1E2dFNicllhMzdSX0UxRjdwYmE2UFRWX1RqQXF4VDBiRU5VUW9scS1vSzBvOHVKTHNwaTYzTjNWZ3hhUGZlbXhjbVBRRkRTLU1tTE1hM210WmEzVDNCTU9rM2Y5UQ?oc=5) · The Spokesman-Review
- 2025-09-01 [Briefs: CVS transition, Bay to Baker to close, WA Trust Bank opens first branch - Cascadia Daily News](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNUE9HVDJUR2JqNS1xV3g3UUwxOXRzZVpqSTNINmZrcVVOdG5lRjBMaDd6QkVxVVFKTHFDWUYzbjlOcmtaMGw1dDlvMU1MbHppeGdYRkZCSHVOMUdqbl81a2cyUTJIRXBWMVJFUUF2WlE0UVpYN2wwOUVJTktBRnBrWjlKV2JYNEZldnBwSUx2dlFFdGxiY1c4dkM0cEdkbm96SlJ1TUU2ckgtZGpFTTV3NHdBYURjbndzaHZR?oc=5) · Cascadia Daily News
- 2022-04-27 [Washington Trust Bank Returns Mute Swans via Sculpture to Manito Park - City of Spokane, Washington](https://news.google.com/rss/articles/CBMivwFBVV95cUxPT2Y3Qjl1R04teW1rSjdlMlA1WjlsSmliVVY2d3gtSWo1c0Y5LUtPT05LckRraExiMEJtQmhJZElka1U5dWR1eW1XZjllTmZucXFTZzAwdDNwWUY0emVaQ2ladi1yUmlNbk1IOVdOLWVSc2RJZlFuRi12MDFKd1NGeERjQzRBWktWSzIydE8yQTBtODJmTjhHRmFyQjdacHZmbXJzbGM1ZVotbUZQQUZOYW9XNEJMd1pBVU01bkNsVQ?oc=5) · City of Spokane, Washington
- 2019-03-27 [Washington Trust Bank purchases Wells Fargo Center in downtown Spokane - NonStop Local KHQ](https://news.google.com/rss/articles/CBMi3gFBVV95cUxPdFYyODVlNEZvTk5VSlgwSEFUeEhFQnctQjhTa3VxOWJQQ215d0V3V0tlYTMtVmdKc0RzRE5wbmhHRHNtNHZiMzlUdnJiZDd0ZTcycWE1WTNVbTNFNVFtUlVVZHZzN2VBd3pQZW0zUEktMURLbmpGbUE1dm84YS1EeExURVBhQndGdXlLaWNrQ1ZoU0xxdkN2Nmpsbk1VVkVoN19LOG5GMngtV28wN3FNQWVUQmpPTU5kM2pRMExrYkZzNC11NUk3VWJmOFNlV21qdjNCd0NEQVg4elNZRWc?oc=5) · NonStop Local KHQ

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1281 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/1.json (key "1281", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide