{"schema_version":"secwatch.filing_event.v1","accession":"0000737468-23-000047","form_type":"8-K","ticker":"WASH","cik":"0000737468","company_name":"WASHINGTON TRUST BANCORP INC","filed_at":"2023-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.871381+00:00","generated_at":"2026-06-09T17:36:37.221587+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Washington Trust Q3 net income $11.2M ($0.65 EPS); nonaccrual loans surge to 0.60%","bullets":["Net income $11.2M ($0.65 diluted EPS), down slightly from $11.3M ($0.66) in Q2 2023.","Nonaccrual loans jumped to $33.7M (0.60% of loans) from $10.4M (0.19%), due to two commercial CRE loans.","Net interest margin fell 6 bps to 1.97% as funding costs rose faster than asset yields.","Book value per share dropped 6% to $25.35 from $26.98, driven by AOCI decline and dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0000737468-23-000047","json":"https://secwatch.observer/filing/0000737468-23-000047.json","markdown":"https://secwatch.observer/filing/0000737468-23-000047.md","text":"https://secwatch.observer/filing/0000737468-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/737468/000073746823000047/0000737468-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/737468/000073746823000047/wash-20231023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T17:36:37.221587+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"27acb4309cc54337e209cc54db5c0c838f6aab68","claim":"WASHINGTON TRUST BANCORP INC reported third quarter 2023 results: net income $11.2 million, EPS $0.65 per diluted share.","evidence_excerpt":"today announced third quarter 2023 net income of $11.2 million, or $0.65 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/737468/000073746823000047/0000737468-23-000047-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Net income","value":"$11.2 million"},{"label":"EPS","value":"$0.65 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}