---
schema_version: "secwatch.filing_event.v1"
accession: "0000737468-22-000048"
form_type: "8-K"
ticker: "WASH"
cik: "0000737468"
company_name: "WASHINGTON TRUST BANCORP INC"
filed_at: "2022-04-25T23:59:59+00:00"
generated_at: "2026-06-26T05:11:04.662164+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Washington Trust Q1 net income $16.5M ($0.94/diluted), down from Q4 2021 $20.2M ($1.15)

## Summary
- Net interest income $35.1M, down 7% linked-quarter; net interest margin 2.57%, down 14 bps.
- Wealth management revenues reached a quarterly high of $10.5M; AUA $7.5B, down 4% from year-end.
- Total loans (ex-PPP) at all-time high $4.3B, up 1% linked-quarter; in-market deposits record $4.7B, up 6%.
- Modest $100K provision for credit losses (charge) vs $2.8M release in Q4; nonaccrual loans improved to 0.29%.
- Quarterly dividend $0.54 per share, paid April 8; capital ratios exceed well-capitalized minimums.

## SEC filing metadata
- accession: 0000737468-22-000048
- form_type: 8-K
- ticker: WASH
- cik: 0000737468
- company_name: WASHINGTON TRUST BANCORP INC
- filed_at: 2022-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737468/000073746822000048/0000737468-22-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737468/000073746822000048/wash-20220425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000737468-22-000048
- JSON: https://secwatch.observer/filing/0000737468-22-000048.json
- Plain text: https://secwatch.observer/filing/0000737468-22-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.