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Ticker:WASH
Company Name: Washington Trust Bancorp, Inc.

Business Overview from 10-K filing for Washington Trust Bancorp, Inc.:

Washington Trust Bancorp, Inc. (the Bancorp) is a publicly-owned, registered bank holding company, organized in 1984 under the laws of the state of Rhode Island, whose subsidiaries are permitted to engage in banking and other financial services and businesses. The Bancorp conducts its business through its wholly owned subsidiary, The Washington Trust Company (the Bank), a Rhode Island-chartered commercial bank. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (FDIC), subject to regulatory limits. The Bancorp was formed in 1984 under a plan of reorganization in which outstanding common shares of the Bank were exchanged for common shares of the Bancorp. The accounting and reporting policies of the Bancorp and the Bank (together, the Corporation or Washington Trust) are in accordance with accounting principles generally accepted in the United States of America and conform to general practices of the banking industry.  g   

View the full WASH chart at Wikinvest

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