WASHINGTON TRUST BANCORP INC

Washington Trust Bancorp, Inc. is a publicly-owned registered bank holding company organized in 1984 under Rhode Island law. The company's common stock trades on the Nasdaq under the symbol WASH. It owns all outstanding common stock of The Washington Trust Company, a Rhode Island chartered financial institution founded in 1800. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking, and wealth management and trust services. These services are provided through its offices located in Rhode Island, Connecticut, and Massachusetts. At December 31, 2025, Washington Trust had total assets of $6.6 billion, total deposits of $5.3 billion, and total shareholders' equity of $543.6 million. Its lending activities, primarily conducted in southern New England and to a lesser extent other states, amounted to $5.1 billion, or 78% of total assets, at December 31, 2025. The company offers various lending products to consumer, commercial, non-profit, and municipal customers. Interest rates on loans can be fixed or variable and are influenced by factors such as risk, loan term, costs, loan amount, customer banking relationships, competitive pressures, the interest rate environment, fund availability, and government regulations.