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Washington Trust Bancorp WASH Wealth Management Services — Provision for Credit Losses
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.
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 |
|---|---|---|---|---|---|---|
| Total interest and dividend income | $75,169 | $78,846 | $— | $— | $75,169 | $78,846 |
| Total interest expense | 33,366 | 41,661 | — | — | 33,366 | 41,661 |
| Net interest income | 41,803 | 37,185 | — | — | 41,803 | 37,185 |
| Provision for credit losses | 1,600 | 600 | — | — | 1,600 | 600 |
| Net interest income after provision for credit losses | 40,203 | 36,585 | — | — | 40,203 | 36,585 |
| Noninterest income | 7,250 | 6,720 | 11,412 | 10,358 | 18,662 | 17,078 |
| Noninterest expenses: | ||||||
| Salaries and employee benefits | 19,750 | 17,434 | 5,562 | 5,591 | 25,312 | 23,025 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Washington Trust Bancorp's wealth management services — provision for credit losses?
- Washington Trust Bancorp (WASH) reported wealth management services — provision for credit losses of $0 in Q2 2026.
- What does wealth management services — provision for credit losses mean?
- An expense set aside to cover potential future losses from loans or credit-related assets within the wealth management segment. This reflects management's assessment of credit risk and the quality of the segment's lending portfolio. A higher provision indicates increased perceived risk or growth in the loan book.
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