The Washington Trust Company, of Westerly
Westerly, RI · Owner: Washington Trust Bancorp, Inc.
$6.6B
total assets, June 30, 2026
$6.6B
total assets, June 30, 2026
The Washington Trust Company, of Westerly is a state nonmember bank based in Westerly, RI, owned by Washington Trust Bancorp, Inc. (WASH). As of June 30, 2026 it held $6.6 billion in assets and $5.4 billion in deposits; assets were down 2.9% from a year before. It has 29 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$6.6B
-2.9% in a year · +1.4% in a quarter
Deposits
$5.4B
+6.3% in a year · +3.7% in a quarter
Loans
$5.1B
-0.8% in a year · +1.8% in a quarter
Profit so far
$29.4M
Jan 1 to Jun 30, 2026 · +12.3% in a year
Capital ratio
8.92%
+0.33 pts in a year
Return on assets
0.90%
+0.12 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 23 Broad St, Westerly, RI, 02891
- County
- Washington
- Holding company
- Washington Trust Bancorp, Inc. (WASH)
- Established
- Jan 1, 1800
- Employees
- 668
- Branches
- 29 in 2 states
- Website
- www.washtrust.com
- Id
- b23623
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
29 offices as of June 30, 2026, holding $5.4 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Rhode Island | 28 | $5.3B | 98.2% |
| Connecticut | 1 | $98.7M | 1.8% |
| Largest branches | Place | Deposits |
|---|---|---|
| The Washington Trust Company, Of Westerly (main office) | Westerly, RI | $1.7B |
| Sweet Meadows Branch | Narragansett, RI | $358M |
| Westminster Street Branch | Providence, RI | $320M |
| Franklin Street Branch | Westerly, RI | $309M |
| Centerville Road Branch | Warwick, RI | $274M |
| North Kingstown Branch | North Kingstown, RI | $236M |
| Charlestown Branch | Charlestown, RI | $220M |
| Richmond Branch | Wyoming, RI | $190M |
| Oaklawn Branch | Cranston, RI | $180M |
| Wakefield Branch | Wakefield, RI | $174M |
Related pages
Questions and answers
How big is The Washington Trust Company, of Westerly?
$6.6 billion in total assets and $5.4 billion in deposits as of June 30, 2026, with assets down 2.9% from a year before. Its loans were $5.1 billion.
How many branches does The Washington Trust Company, of Westerly have?
29 branches in 2 states as of June 30, 2026. The most deposits are in Rhode Island ($5.3 billion).
Is The Washington Trust Company, of Westerly profitable?
Yes: it earned $29.4 million from January 1 to June 30, 2026 (up 12.3% from the same months a year before). Its return on assets was 0.90% a year; about 1% is typical.
Who owns The Washington Trust Company, of Westerly?
The Washington Trust Company, of Westerly is owned by Washington Trust Bancorp, Inc., its holding company, which is listed as WASH.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.