Business Segments (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Statement of Operations and Total Assets by Reportable Segment

The following table presents the statement of operations and total assets for Washington Trust’s reportable segments:

(Dollars in thousands)	Commercial Banking				Wealth Management Services						Corporate				Consolidated Total
Three months ended June 30,	2018		2017		2018			2017			2018		2017		2018		2017
Net interest income (expense)		$26,644		$24,633		($77	)		($40	)		$6,544		$5,311		$33,111		$29,904
Provision for loan losses	400		700		—			—			—		—		400		700
Net interest income (expense) after provision for loan losses	26,244		23,933		(77		)	(40		)	6,544		5,311		32,711		29,204
Noninterest income	5,837		6,347		9,602			9,942			554		517		15,993		16,806
Noninterest expenses:
Depreciation and amortization expense	637		651		370			414			43		50		1,050		1,115
Other noninterest expenses	15,509		15,323		6,593			6,848			3,136		3,020		25,238		25,191
Total noninterest expenses	16,146		15,974		6,963			7,262			3,179		3,070		26,288		26,306
Income before income taxes	15,935		14,306		2,562			2,640			3,919		2,758		22,416		19,704
Income tax expense	3,387		4,650		655			1,102			700		753		4,742		6,505
Net income		$12,548		$9,656		$1,907			$1,538			$3,219		$2,005		$17,674		$13,199
Total assets at period end		$3,647,649		$3,346,184		$68,009			$66,286			$1,021,584		$963,059		$4,737,242		$4,375,529
Expenditures for long-lived assets	801		377		11			41			52		96		864		514

(Dollars in thousands)	Commercial Banking				Wealth Management Services						Corporate				Consolidated Total
Six months ended June 30,	2018		2017		2018			2017			2018		2017		2018		2017
Net interest income (expense)		$52,620		$48,190		($135	)		($72	)		$12,478		$10,465		$64,963		$58,583
Provision for loan losses	400		1,100		—			—			—		—		400		1,100
Net interest income (expense) after provision for loan losses	52,220		47,090		(135		)	(72		)	12,478		10,465		64,563		57,483
Noninterest income	10,773		10,789		19,875			19,419			1,088		1,108		31,736		31,316
Noninterest expenses:
Depreciation and amortization expense	1,274		1,314		766			877			85		102		2,125		2,293
Other noninterest expenses (1)	30,975		29,930		13,792			13,296			6,526		6,073		51,293		49,299
Total noninterest expenses	32,249		31,244		14,558			14,173			6,611		6,175		53,418		51,592
Income before income taxes	30,744		26,635		5,182			5,174			6,955		5,398		42,881		37,207
Income tax expense	6,490		8,679		1,298			2,080			1,208		1,467		8,996		12,226
Net income		$24,254		$17,956		$3,884			$3,094			$5,747		$3,931		$33,885		$24,981
Total assets at period end		$3,647,649		$3,346,184		$68,009			$66,286			$1,021,584		$963,059		$4,737,242		$4,375,529
Expenditures for long-lived assets	1,252		750		313			343			110		154		1,675		1,247