{"schema_version":"secwatch.filing_event.v1","accession":"0000737468-24-000023","form_type":"8-K","ticker":"WASH","cik":"0000737468","company_name":"WASHINGTON TRUST BANCORP INC","filed_at":"2024-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.875981+00:00","generated_at":"2026-06-03T14:51:23.132424+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Washington Trust Q1 net income $10.9M ($0.64 EPS) down 15% QoQ; NIM narrows to 1.84%","bullets":["Net income $10.9M ($0.64 diluted EPS) vs. Q4 2023 $12.9M ($0.76); net interest margin 1.84% (down 4 bps QoQ).","Noninterest income up 29% QoQ to $17.2M, including $2.1M litigation settlement; wealth mgmt rev +5%, mortgage banking rev +61%.","Loans up 1% QoQ to $5.7B; in-market deposits down 0.4% to $4.7B; nonaccrual loans dropped to $30.7M (0.54%).","Dividend declared $0.56/share; total risk-based capital ratio 11.62%, well above well-capitalized thresholds."],"urls":{"canonical":"https://secwatch.observer/filing/0000737468-24-000023","json":"https://secwatch.observer/filing/0000737468-24-000023.json","markdown":"https://secwatch.observer/filing/0000737468-24-000023.md","text":"https://secwatch.observer/filing/0000737468-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/737468/000073746824000023/0000737468-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/737468/000073746824000023/wash-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T14:51:23.132424+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":"b0befdb5ce07ce92be94c47d0bd5a875d26dae5c","claim":"WASHINGTON TRUST BANCORP INC reported first quarter 2024 results: net income $10.9 million, EPS $0.64 per diluted share.","evidence_excerpt":"Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced first quarter 2024 net income of $10.9 million, or $0.64 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/737468/000073746824000023/0000737468-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Net income","value":"$10.9 million"},{"label":"EPS","value":"$0.64 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"}