Business Segments (Tables)

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Statement of Operations and Total Assets by Reportable Segment

The following tables present the statement of operations and total assets for Washington Trust’s reportable segments.

(Dollars in thousands)
Year ended December 31, 2012	Commercial Banking		Wealth Management Services		Corporate			Consolidated Total
Net interest income (expense)		$79,505		$17		$11,174			$90,696
Noninterest income	31,727		29,640		3,847			65,214
Total income	111,232		29,657		15,021			155,910
Provision for loan losses	2,700		—		—			2,700
Depreciation and amortization expense	2,384		1,272		285			3,941
Other noninterest expenses	62,963		19,584		15,850			98,397
Total noninterest expenses	65,347		20,856		16,135			102,338
Income (loss) before income taxes	43,185		8,801		(1,114		)	50,872
Income tax expense (benefit)	14,670		3,296		(2,168		)	15,798
Net income		$28,515		$5,505		$1,054			$35,074
Total assets at period end		$2,436,280		$51,730		$583,874			$3,071,884
Expenditures for long-lived assets		$4,082		$877		$151			$5,110

(Dollars in thousands)
Year ended December 31, 2011	Commercial Banking		Wealth Management Services			Corporate			Consolidated Total
Net interest income (expense)		$75,967		($1	)		$8,989			$84,955
Noninterest income	21,806		28,306			2,652			52,764
Total income	97,773		28,305			11,641			137,719
Provision for loan losses	4,700		—			—			4,700
Depreciation and amortization expense	2,512		1,330			283			4,125
Other noninterest expenses	55,543		19,041			11,664			86,248
Total noninterest expenses	58,055		20,371			11,947			90,373
Income (loss) before income taxes	35,018		7,934			(306		)	42,646
Income tax expense (benefit)	11,781		2,957			(1,816		)	12,922
Net income (loss)		$23,237		$4,977			$1,510			$29,724
Total assets at period end		$2,257,326		$51,104			$755,668			$3,064,098
Expenditures for long-lived assets		$2,982		$493			$169			$3,644

(Dollars in thousands)
Year ended December 31, 2010	Commercial Banking		Wealth Management Services			Corporate			Consolidated Total
Net interest income (expense)		$73,788		($47	)		$3,450			$77,191
Noninterest income (expense)	19,770		26,392			2,311			48,473
Total income	93,558		26,345			5,761			125,664
Provision for loan losses	6,000		—			—			6,000
Depreciation and amortization expense	2,376		1,461			337			4,174
Other noninterest expenses	51,002		18,751			11,384			81,137
Total noninterest expenses	53,378		20,212			11,721			85,311
Income (loss) before income taxes	34,180		6,133			(5,960		)	34,353
Income tax expense (benefit)	11,821		2,296			(3,815		)	10,302
Net income (loss)		$22,359		$3,837			($2,145	)		$24,051
Total assets at period end		$2,095,515		$51,164			$762,846			$2,909,525
Expenditures for long-lived assets		$994		$176			$513			$1,683