BlastPoint's Banking Scorecard

The Washington Trust Company, of Westerly

$1B-$10B Specialty: Commercial RI FDIC cert 23623

Designations: ✓ Community bank

Westerly, RI

30 branches across RI · CT

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 3 in RI.
Deposits +6.3% year over year ($5.4B on the books).
Delinquency rate 0.78%.
Return on assets 0.90%.
Efficiency ratio 63.62% vs a 59.73% peer average.
Loan-to-deposit ratio 94.97% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 3 in RI

View $1B-$10B leaderboard (RI) →

The Washington Trust Company, of Westerly has 1 strength but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Delinquency Rate 0.08% below tier average

Key Concerns

Areas that may need attention

- Liquidity Strain: Bottom 10.0% in tier
- Net Interest Margin 1.14% below tier average
- ROA 0.49% below tier average
- Efficiency Ratio 3.89% above tier average

Get updates when The Washington Trust Company, of Westerly releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (RI)	National Avg	Tier Percentile
Total Assets ?	$6.6B -2.9% YoY +1.4% QoQ	+$3.8B	$2.8B -0.6% YoY	$49.2B +6.4% YoY	$6.3B +7.7% YoY	Top 8.2% in tier
Total Loans ?	$5.1B -0.8% YoY +1.8% QoQ	+$3.1B	$2.0B -0.3% YoY	$31.5B +5.4% YoY	$3.2B +9.4% YoY	Top 6.1% in tier
Total Deposits ?	$5.4B +6.3% YoY +3.7% QoQ	+$3.0B	$2.3B -0.5% YoY	$39.9B +5.6% YoY	$4.9B +7.3% YoY	Top 8.6% in tier
Return on Assets ?	0.90% +15.9% YoY +12.7% QoQ	-0.49%	1.39% +17.0% YoY	0.89% +5.4% YoY	1.30% +12.1% YoY	23%
Net Interest Margin ?	2.73% +14.7% YoY +1.5% QoQ	-1.14%	3.87% +6.2% YoY	3.33% +0.4% YoY	3.95% +4.9% YoY	Bottom 7.3% in tier
Efficiency Ratio ?	63.62% -7.1% YoY -1.0% QoQ	+3.89%	59.73% -12.6% YoY	67.51% -2.4% YoY	70.05% +2.5% YoY	36%
Delinquency Rate ?	0.78% +53.7% YoY -3.2% QoQ	-0.08%	0.87% +11.7% YoY	1.21% +42.1% YoY	0.98% +16.3% YoY	36%
Loan-to-Deposit Ratio ?	94.97% -6.6% YoY -1.9% QoQ	+9.93%	85.04% -0.1% YoY	97.46% +0.7% YoY	79.03% +2.3% YoY	26%
Non-Interest-Bearing Deposit Share ?	12.10% -5.9% YoY +5.8% QoQ	-9.17%	21.27% -1.5% YoY	14.19% -0.4% YoY	21.98% -0.6% YoY	16%
Nonperforming Asset Ratio ?	0.61% +57.0% YoY -2.9% QoQ	-0.07%	0.67% +11.7% YoY	0.93% +44.3% YoY	0.69% +15.8% YoY	37%
Tier 1 Capital Ratio ?	12.22% +1.2% YoY -0.8% QoQ	-2.62%	14.84% -0.4% YoY	12.58% -0.8% YoY	17.09% +0.8% YoY	37%
Non-Interest Income / Assets ?	0.55% -6.8% YoY +104.9% QoQ	+0.02%	0.53% +2.5% YoY	0.43% -12.1% YoY	0.66% +5.2% YoY	83%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (RI)	National Avg	Tier Percentile
Noninterest-Bearing	12.1% -0.8pp YoY +0.7pp QoQ	-9.3pp	21.4%	14.2%	22.2%	16%
Brokered Deposits	7.5% +5.7pp YoY +1.3pp QoQ	-2.0pp	9.5%	9.0%	8.5%	60%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (RI)	National Avg	Tier Percentile
C&I	2.5% -0.4pp YoY 0.0pp QoQ	-11.5pp	14.0%	10.0%	12.5%	7%
CRE	46.7% -0.6pp YoY -0.8pp QoQ	-3.3pp	50.0%	42.3%	41.4%	41%
1-4 Family	46.8% -0.4pp YoY -0.4pp QoQ	+20.4pp	26.4%	39.9%	31.3%	88%
Consumer	0.3% 0.0pp YoY 0.0pp QoQ	-4.4pp	4.7%	6.5%	5.0%	22%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (RI)	National Avg	Tier Percentile
CET1 Ratio	12.2% +0.2pp YoY -0.1pp QoQ	-3.4pp	15.6%	12.4%	19.7%	28%
Leverage Ratio	8.9% +0.3pp YoY +0.2pp QoQ	-2.4pp	11.3%	10.6%	12.6%	10%
Total Capital Ratio	13.1% +0.2pp YoY -0.1pp QoQ	-3.5pp	16.7%	13.6%	20.8%	24%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (RI)	National Avg	Tier Percentile
Full-Time Employees	668 +36 (+5.7%) YoY +25 (+3.9%) QoQ	+354	313	3,737	482	92%
Assets per Employee ($)	$9.8M -8.1% YoY -2.4% QoQ	-$675K	$10.5M	$9.9M	$8.8M	64%
Branch Count	30 0 YoY 0 QoQ	+10	20	210	18	82%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (RI)	National Avg	Tier Percentile
Past Due 90+ Days	n/a	n/a	0.2%	0.2%	0.4%	n/a
Nonaccrual	0.8% +0.3pp YoY 0.0pp QoQ	0.0pp	0.8%	1.1%	1.0%	65%
Allowance Coverage	1.07x -32.0% YoY +5.1% QoQ	-17.64x	18.71x	1.06x	20.23x	26%
Net Charge-off Rate (YTD)	0.0% -0.1pp YoY 0.0pp QoQ	-0.3pp	0.3%	0.3%	0.2%	21%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (RI)	National Avg	Tier Percentile
ROE	10.4% +0.6pp YoY +1.1pp QoQ	-2.2pp	12.6%	8.1%	11.6%	37%
Cost of Funds (YTD)	2.4% -0.6pp YoY 0.0pp QoQ	+0.5pp	1.9%	2.3%	1.7%	81%
Net Income ($, YTD)	$29.4M +12.3% YoY — QoQ	+$10.1M	$19.2M	$238.8M	$40.4M	82%

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (1)

Liquidity Strain

risk

#37 of 361 • Bottom 10.0% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature

Loan-to-Deposit Ratio: 94.97%

(Tier: 85.04%, National: 79.03%)

worse than tier avg

361 of 361 Mid-Market banks match · 1092 nationally

→ Stable +81 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 885 peers in $1B-$10B

Top Strengths (4 metrics)

Total Loans

size

Value: $5.09B

Peer Median: $1.96B

#55 of 885 Top 6.1% in $1B-$10B

Total Assets

size

Value: $6.55B

Peer Median: $2.79B

#74 of 885 Top 8.2% in $1B-$10B

Total Deposits

size

Value: $5.36B

Peer Median: $2.32B

#77 of 885 Top 8.6% in $1B-$10B

148

Non-Interest Income / Assets

revenue_mix

Value: 0.55%

Peer Median: 0.53%

#148 of 885 Top 16.6% in $1B-$10B

Top Weaknesses (3 metrics)

821

Net Interest Margin

profitability

Value: 2.73%

Peer Median: 3.87%

#821 of 885 Bottom 7.3% in $1B-$10B

741

Non-Interest-Bearing Deposit Share

funding

Value: 12.10%

Peer Median: 21.27%

#741 of 885 Bottom 16.4% in $1B-$10B

681

Return on Assets

profitability

Value: 0.90%

Peer Median: 1.39%

#681 of 885 Bottom 23.2% in $1B-$10B