WASHINGTON TRUST BANCORP INC
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
WASH$39.30-0.3%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income for the three
Washington Trust Bancorp, Inc. and Subsidiaries
Consolidated Statements of Comprehensive Income (unaudited)
(Dollars in thousands)
| Three Months | Six Months | |||
|---|---|---|---|---|
| Periods ended June 30, | 2024 | 2023 | 2024 | 2023 |
| Net income | $10,815 | $11,256 | $21,751 | $24,068 |
| Other comprehensive income (loss), net of tax: | ||||
| Net change in fair value of available for sale debt securities | 749 | (9,827) | (10,239) | 3,371 |
| Net change in fair value of cash flow hedges | 1,815 | 2,715 | 5,020 | 5,512 |
| Net change in defined benefit plan obligations | 23 | 45 | 46 | 90 |
| Total other comprehensive income (loss), net of tax | 2,587 | (7,067) | (5,173) | 8,973 |
| Total comprehensive income | $13,402 | $4,189 | $16,578 | $33,041 |
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