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Washington Tr Co of Westerly vs Centreville Bank

Side-by-side bank health comparison using FDIC financial data

Washington Tr Co of Westerly and Centreville Bank are meaningfully apart on the BankHealth rubric: Washington Tr Co of Westerly grades B, Centreville Bank grades D. Size-wise, Washington Tr Co of Westerly holds $7.2B in assets versus $2.7B at Centreville Bank.

Washington Tr Co of Westerly comes out ahead on the composite score. For depositors comparing banks, the spread is large enough to be informative — though for amounts below FDIC insurance limits, both banks are operationally similar from a safety-of-deposits perspective.

Verdict

Washington Tr Co of Westerly has a stronger Bank Health Score of 66/100 (B) compared to Centreville Bank at 43/100 (D), a difference of 23 points. Washington Tr Co of Westerly holds a Tier 1 capital ratio of 10.90% and an NPL ratio of 0.54%.

MetricWashington Tr Co of WesterlyCentreville Bank
Health Score
Composite score (0-100) based on capital, loan quality, liquidity, and profitability
66/100 (B)*43/100 (D)
Tier 1 Capital Ratio
Core equity capital as % of risk-weighted assets (8%+ is well-capitalized)
10.9%*0.0%
NPL Ratio
Nonperforming loans as % of total loans (lower is better)
0.5%*0.8%
Liquidity Ratio
Cash and liquid assets vs obligations
14.8%16.6%*
Return on Assets
Profitability metric (above 1% is strong)
0.8%0.9%*
Total Assets$7.2B$2.7B
Total Deposits$5.0B$2.0B
LocationWesterly, Rhode IslandWest Warwick, Rhode Island

Washington Tr Co of Westerly has a stronger Bank Health Score of 66/100 (B) compared to Centreville Bank at 43/100 (D), a difference of 23 points. Washington Tr Co of Westerly holds a Tier 1 capital ratio of 10.90% and an NPL ratio of 0.54%.

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