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Washington Trust Bancorp WASH Banking — FDIC deposit insurance costs
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.
The source filing: Washington Trust Bancorp’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 10:23 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000737468-26-000114
| (Dollars in thousands) / Three months ended June 30, | Banking / 2026 | Banking / 2025 | Wealth Management Services / 2026 | Wealth Management Services / 2025 | Consolidated Total / 2026 | Consolidated Total / 2025 |
|---|---|---|---|---|---|---|
| Net occupancy | 2,511 | 2,393 | 224 | 269 | 2,735 | 2,662 |
| Equipment | 830 | 855 | 57 | 75 | 887 | 930 |
| Legal, audit and professional fees | 578 | 525 | 246 | 201 | 824 | 726 |
| FDIC deposit insurance costs | 952 | 1,235 | — | — | 952 | 1,235 |
| Advertising and promotion | 653 | 601 | 118 | 116 | 771 | 717 |
| Amortization of intangibles | — | — | 156 | 203 | 156 | 203 |
| Other expenses | 2,139 | 2,095 | 555 | 533 | 2,694 | 2,628 |
| Total noninterest expenses | 31,000 | 28,512 | 7,597 | 8,018 | 38,597 | 36,530 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Washington Trust Bancorp's banking — FDIC deposit insurance costs?
- Washington Trust Bancorp (WASH) reported banking — FDIC deposit insurance costs of $952K in Q2 2026.
- How has Washington Trust Bancorp's banking — FDIC deposit insurance costs changed year-over-year?
- Washington Trust Bancorp's banking — FDIC deposit insurance costs decreased by 22.9% year-over-year, from $1.24M to $952K.
- What is the long-term trend for Washington Trust Bancorp's banking — FDIC deposit insurance costs?
- Over 3 years (2022 to 2025), Washington Trust Bancorp's banking — FDIC deposit insurance costs has grown at a 39.5% compound annual growth rate (CAGR), from $1.69M to $4.58M.
- What does banking — FDIC deposit insurance costs mean?
- This metric tracks the mandatory insurance premiums paid by the banking segment to the Federal Deposit Insurance Corporation to protect customer deposits. These costs are a standard regulatory requirement for insured depository institutions and fluctuate based on the bank's risk profile and total deposit base.
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