Business Segments (Tables)

3 Months Ended

Mar. 31, 2019

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 March 31,	2019		2018		2019			2018			2019		2018		2019		2018
Net interest income (expense)		$27,302		$25,976		($127	)		($58	)		$7,409		$5,934		$34,584		$31,852
Provision for loan losses	650		—		—			—			—		—		650		—
Net interest income (expense) after provision for loan losses	26,652		25,976		(127		)	(58		)	7,409		5,934		33,934		31,852
Noninterest income	5,455		4,936		9,252			10,273			660		534		15,367		15,743
Noninterest expenses:
Depreciation and amortization expense	672		637		365			396			40		42		1,077		1,075
Other noninterest expenses	15,758		15,466		6,478			7,199			3,651		3,390		25,887		26,055
Total noninterest expenses	16,430		16,103		6,843			7,595			3,691		3,432		26,964		27,130
Income before income taxes	15,677		14,809		2,282			2,620			4,378		3,036		22,337		20,465
Income tax expense	3,421		3,103		617			643			804		508		4,842		4,254
Net income		$12,256		$11,706		$1,665			$1,977			$3,574		$2,528		$17,495		$16,211
Total assets at period end		$3,884,052		$3,521,309		$76,657			$66,567			$1,194,020		$978,450		$5,154,729		$4,566,326
Expenditures for long-lived assets	1,300		598		292			154			63		59		1,655		811