Washington Trust Bancorp, Inc. filed its Form 10-Q with the SEC on August 6, 2026, reporting unaudited financial results for the quarterly period ended June 30, 2026.

Key Highlights

  • Net interest income: $41,803 thousand for the three months ended June 30, 2026, up from $37,185 thousand in the same period of 2025.
  • Provision for credit losses: $5,600 thousand for the six months ended June 30, 2026, compared to $1,800 thousand for the same period in 2025.
  • Total assets: $6,547,904 thousand as of June 30, 2026, versus $6,621,694 thousand as of December 31, 2025.
  • Total deposits: $5,358,873 thousand at June 30, 2026, up from $5,269,990 thousand at December 31, 2025.
  • Wealth management revenues: $21,848 thousand for the six months ended June 30, 2026, compared to $20,011 thousand for the same period of 2025.
  • Total shareholders' equity: $553,523 thousand at June 30, 2026, up from $543,584 thousand at December 31, 2025.
  • Shares outstanding: 19,070,704 at June 30, 2026, with 19,074,321 shares reported outstanding as of July 31, 2026.

Washington Trust Bancorp Q2 2026: Balance Sheet and Income Overview

According to the filing, Washington Trust Bancorp, Inc. (Nasdaq Global Select Market: WASH), a Rhode Island-chartered company headquartered at 23 Broad Street, Westerly, Rhode Island, reported total interest and dividend income of $75,169 thousand for the three months ended June 30, 2026, compared to $78,846 thousand for the same period in 2025. Total interest expense declined to $33,366 thousand from $41,661 thousand year-over-year for the same quarter, the company disclosed. Net interest income for the six months ended June 30, 2026 was $82,328 thousand, compared to $73,607 thousand for the six months ended June 30, 2025.

The filing reported that total loans stood at $5,103,069 thousand as of June 30, 2026, compared to $5,134,388 thousand at December 31, 2025. The allowance for credit losses on loans increased to $42,571 thousand from $37,236 thousand over the same period. Available-for-sale debt securities were carried at fair value of $885,321 thousand at June 30, 2026, with an amortized cost of $981,994 thousand and no allowance for credit losses on securities, according to the filing. Federal Home Loan Bank advances declined to $456,000 thousand from $626,000 thousand at December 31, 2025.

Noninterest income for the three months ended June 30, 2026 was $18,662 thousand, compared to $17,078 thousand in the prior-year quarter, the filing disclosed. Mortgage banking revenues were $3,473 thousand for the second quarter of 2026, up from $3,034 thousand in the same period of 2025. The company reported salaries and employee benefits expense of $49,652 thousand for the six months ended June 30, 2026, compared to a figure that appears truncated in the source for the corresponding 2025 period. Accumulated other comprehensive loss narrowed to $(77,360) thousand at June 30, 2026 from $(79,309) thousand at December 31, 2025.

What Was Disclosed

Washington Trust Bancorp filed its quarterly report covering the period ended June 30, 2026, disclosing consolidated balance sheet data, income statements, and changes in shareholders' equity, including a year-over-year increase in net interest income and a higher provision for credit losses compared to the first half of 2025.