Washington Trust Bank
Washington Trust Bank is the largest and oldest locally-owned, full-service commercial bank in the Northwest, headquartered in Spokane, Washington. The bank operates more than 40 financial centers and offices across Washington, Idaho, and Oregon, providing personal banking, business solutions, and wealth management services.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (23 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Washington Trust Bank ranks #136 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Washington Trust Bank’s 7(a) acquisition lending falls in the $0-$500K range: 8 loans, 34.8% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 8 | 34.8% | |
| $500K-$1M | 6 | 26.1% | |
| $1M-$2M | 7 | 30.4% | |
| $2M-$3M | 1 | 4.3% | |
| $3M-$4M | 1 | 4.3% |
Industries with highest loan volume
Fitness and Recreational Sports Centers
2
loans
$290K
avg. amount
Sewing, Needlework, and Piece Goods Retailers
1
loans
$1.9M
avg. amount
All Other Business Support Services
1
loans
$475K
avg. amount
Offices of All Other Miscellaneous Health Practitioners
1
loans
$500K
avg. amount
Engineering Services
1
loans
$2.0M
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
1
loans
$540K
avg. amount
Private Mail Centers
1
loans
$419K
avg. amount
Environmental Consulting Services
1
loans
$226K
avg. amount
Other Heavy and Civil Engineering Construction
1
loans
$1.7M
avg. amount
Glass and Glazing Contractors
1
loans
$375K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Washington Trust Bank’s median variable rate is + 1.00%, against a market median of Prime + 1.88%, 88 below market.
It priced below the market median in every one of the last 2 quarters. 6 of the 23 loans in its trailing three-year book carried a fixed rate; the rest were variable.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 0.92% |
| $500K-$1M | Prime + 1.31% |
| $1M-$2M | Prime + 0.90% |
| $2M-$3M | Prime + 0.25% |
| $3M-$4M | Prime + 0.00% |
over at time of loan origination
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q4 '24 | Prime + 1.00% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 4 |
| Q1 '25 | Prime + 0.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
Washington Trust Bank has originated 7(a) acquisition loans in 3 states, most actively in Washington (17), Idaho (5) and Oregon (1). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Washington | 17 | 73.9% |
| Idaho | 5 | 21.7% |
| Oregon | 1 | 4.3% |
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