For the quarter ending 2026-03-31, WASH had -$3,550K decrease in cash & cash equivalents over the period. $14,829K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 12,600 | 15,974 | 10,846 | 25,424 |
| Provision for credit losses | 4,000 | 600 | 6,800 | 1,800 |
| Net gain on sale of bank-owned property | 0 | 0 | 0 | 6,994 |
| Depreciation of premises and equipment | 807 | 832 | 853 | 1,770 |
| Net amortization of premiums and discounts on securities and loans | 37 | 338 | 419 | 364 |
| Amortization of intangibles | 155 | 155 | 200 | 407 |
| Amortization of terminated cash flow hedge loss | 2,116 | 2,163 | 2,163 | 4,255 |
| Pension plan settlement charge | 0 | 0 | 0 | -6,436 |
| Share-based compensation | 651 | 540 | 833 | 1,653 |
| Tax benefit (expense) from stock option exercises and other equity awards | -10 | -33 | -3 | -174 |
| Deferred income tax expense (benefit) | - | 12,611 | - | - |
| Income from bank-owned life insurance | 885 | 886 | 868 | 1,595 |
| Realized losses on securities, net | - | 0 | - | - |
| Losses on sale of portfolio loans, net | - | 0 | - | - |
| Net gains on loan sales, including changes in fair value | 2,534 | 2,814 | 2,980 | 4,187 |
| Proceeds from sales of loans, net | 117,481 | 152,584 | 123,437 | 189,449 |
| Loans originated for sale | 111,945 | 153,807 | 116,859 | 199,134 |
| (increase) decrease in operating lease right-of-use assets | 862 | 843 | 857 | 1,783 |
| Increase (decrease) in operating lease liabilities | 815 | 793 | 806 | 1,697 |
| (increase) decrease in other assets | -4,147 | 11,939 | -11,480 | -8,949 |
| Increase (decrease) in other liabilities | -10,532 | 4,530 | 3,248 | -8,717 |
| Net cash provided by (used in) operating activities | 16,135 | 20,898 | 39,620 | 19,792 |
| Purchases of bank-owned life insurance | - | 0 | 0 | 5,000 |
| Purchases of mortgage-backed available for sale debt securities | - | 0 | 1,566 | 73,303 |
| Purchases of other available for sale debt securities | - | 250 | 736 | 0 |
| Proceeds from sale of mortgage-backed available for sale debt securities | - | 0 | - | - |
| Proceeds from sale of other available for sale debt securities | - | 0 | - | - |
| Maturities, calls and principal payments of mortgage-backed securities available for sale | 24,377 | 27,343 | 23,232 | 34,271 |
| Maturities, calls and principal payments of other debt securities available for sale | 2,000 | 600 | 500 | 3,250 |
| Net redemption (purchases) of federal home loan bank stock | -1,200 | -6,858 | -8,942 | -4,544 |
| Net (increase) decrease in loans | -120,889 | 11,997 | -7,138 | 6,367 |
| Net proceeds from sale of portfolio loans | 0 | 0 | 0 | 283,182 |
| Purchases of loans | 501 | 204 | 289 | 453 |
| Proceeds from the sale of property acquired through foreclosure or repossession | - | 0 | 0 | - |
| Proceeds from bank-owned life insurance | - | 0 | - | - |
| Purchases of premises and equipment | 1,306 | 1,172 | 344 | 489 |
| Purchase of intangible asset in asset acquisition | - | 0 | 2,180 | - |
| Net proceeds from the sale of bank-owned property | 0 | 0 | 0 | 11,780 |
| Equity investments in real estate limited partnership | 67 | 1,412 | 0 | 74 |
| Purchases of other equity investments, net | 125 | 0 | 0 | 375 |
| Treasury stock purchased | - | 629 | 6,436 | 296 |
| Net cash provided by (used in) investing activities | 146,467 | 19,766 | 34,697 | 250,966 |
| Net increase (decrease) in deposits | -105,357 | 47,154 | 177,588 | -70,552 |
| Proceeds from federal home loan bank advances | 635,000 | 370,000 | 465,000 | 1,022,000 |
| Net proceeds from issuance of common stock in public offering | - | 0 | - | - |
| Repayments of federal home loan bank advances | 685,000 | 535,000 | 675,000 | 1,146,000 |
| Net proceeds from stock option exercises and issuance of other equity awards, net of awards surrendered | -103 | -63 | -41 | -294 |
| Cash dividends paid | 10,692 | 10,723 | 10,821 | 21,781 |
| Net cash provided by (used in) financing activities | -166,152 | -129,261 | -49,710 | -216,923 |
| Net increase (decrease) in cash and cash equivalents | -3,550 | -88,597 | 24,607 | 53,835 |
| Cash and cash equivalents at beginning of period | 103,734 | 192,331 | 113,889 | - |
| Cash and cash equivalents at end of period | 100,184 | 103,734 | 192,331 | - |
WASHINGTON TRUST BANCORP INC (WASH)
WASHINGTON TRUST BANCORP INC (WASH)