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BankHealth

WASHINGTON TR CO OF WESTERLY

WESTERLY, RHODE ISLAND · FDIC Cert #23623

B
Health Score
66/100
$7.2B
Total Assets
$5.0B
Total Deposits
10.90%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, WASHINGTON TR CO OF WESTERLY holds a Tier 1 capital ratio of 10.90%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning WASHINGTON TR CO OF WESTERLY has a strong buffer to absorb potential losses.

Key Financial Metrics

0.54%
Nonperforming Loans
Low — healthy loan portfolio
14.83%
Liquidity Ratio
Adequate liquidity
0.80%
Return on Assets
Low profitability
$5.0B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

WASHINGTON TR CO OF WESTERLY shows strong financial health indicators. With $7.2B in assets and a Health Score of 66/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

WASHINGTON TR CO OF WESTERLY has a Bank Health Score of B (66/100). It holds a Tier 1 capital ratio of 10.90%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

WASHINGTON TR CO OF WESTERLY holds $7.2B in total assets and $5.0B in total deposits. It is located in WESTERLY, RHODE ISLAND (FDIC Certificate #23623).

WASHINGTON TR CO OF WESTERLY has a Tier 1 capital ratio of 10.90%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.54%, and the return on assets is 0.80%.

Yes. WASHINGTON TR CO OF WESTERLY is FDIC-insured (Certificate #23623). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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