For the year ending 2025-12-31, WASH had -$10,155K decrease in cash & cash equivalents over the period. $78,305K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 52,244 |
| Provision for credit losses | 9,200 |
| Net gain on sale of bank-owned property | 6,994 |
| Depreciation of premises and equipment | 3,455 |
| Net amortization of premiums and discounts on debt securities and loans | 1,121 |
| Amortization of intangibles | 762 |
| Amortization of terminated cash flow hedge loss | 8,581 |
| Pension plan settlement charge | -6,436 |
| Share-based compensation | 3,026 |
| Tax (expense) benefit from stock option exercises and other equity awards | -210 |
| Deferred income tax expense (benefit) | 12,611 |
| Income from bank-owned life insurance | 3,349 |
| Realized losses on securities, net | 0 |
| Losses on sale of portfolio loans, net | 0 |
| Net gains on loan sales, including changes in fair value | 9,981 |
| Proceeds from sales of loans, net | 465,470 |
| Loans originated for sale | 469,800 |
| (increase) decrease in operating lease right-of-use assets | 3,483 |
| Increase (decrease) in operating lease liabilities | 3,296 |
| (increase) decrease in other assets | -8,490 |
| Increase (decrease) in other liabilities | -939 |
| Net cash provided by (used in) operating activities | 80,310 |
| Purchases of mortgage-backed available for sale debt securities | 74,869 |
| Purchases of other available for sale debt securities | 986 |
| Proceeds from sale of mortgage-backed available for sale debt securities | 0 |
| Proceeds from sale of other available for sale debt securities | 0 |
| Maturities and principal payments of mortgage-backed available for sale debt securities | 84,846 |
| Maturities and principal payments of other available for sale debt securities | 4,350 |
| Net redemptions (purchases) of federal home loan bank stock | -20,344 |
| Net (increase) decrease in loans | 11,226 |
| Net proceeds from sale of portfolio loans | 283,182 |
| Purchases of loans | 946 |
| Proceeds from the sale of property acquired through foreclosure or repossession | 0 |
| Purchases of premises and equipment | 2,005 |
| Net proceeds from the sale of bank-owned property | 11,780 |
| Purchases of bank-owned life insurance | 5,000 |
| Proceeds from bank-owned life insurance | 0 |
| Purchase of intangible asset in asset acquisition | 2,180 |
| Equity investment in real estate limited partnership | 1,486 |
| Purchases of other equity investments, net | 375 |
| Net cash provided by (used in) investing activities | 305,429 |
| Net increase (decrease) in deposits | 154,190 |
| Proceeds from federal home loan bank advances | 1,857,000 |
| Repayment of federal home loan bank advances | 2,356,000 |
| Treasury stock purchased | 7,361 |
| Net proceeds from issuance of common stock in public offering | 0 |
| Net proceeds from stock option exercises and issuance of other equity awards, net of awards surrendered | -398 |
| Cash dividends paid | 43,325 |
| Net cash provided by (used in) financing activities | -395,894 |
| Net increase (decrease) in cash and cash equivalents | -10,155 |
| Cash and cash equivalents at beginning of year | 113,889 |
| Cash and cash equivalents at end of year | 103,734 |
WASHINGTON TRUST BANCORP INC (WASH)
WASHINGTON TRUST BANCORP INC (WASH)