<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS AND NOTES THERETO OF WASHINGTON TRUST BANCORP, INC. AS OF DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 17,418,414 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 1,548,136 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 198,317,453 <INVESTMENTS-CARRYING> 27,925,855 <INVESTMENTS-MARKET> 28,114,427 <LOANS> 418,993,414 <ALLOWANCE> 8,495,138 <TOTAL-ASSETS> 694,945,758 <DEPOSITS> 476,561,281 <SHORT-TERM> 14,000,000 <LIABILITIES-OTHER> 6,464,533 <LONG-TERM> 138,493,288 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 272,664 <OTHER-SE> 59,153,992 <TOTAL-LIABILITIES-AND-EQUITY> 694,945,758 <INTEREST-LOAN> 36,106,347 <INTEREST-INVEST> 9,490,910 <INTEREST-OTHER> 208,707 <INTEREST-TOTAL> 45,805,964 <INTEREST-DEPOSIT> 16,275,109 <INTEREST-EXPENSE> 19,666,541 <INTEREST-INCOME-NET> 26,139,423 <LOAN-LOSSES> 1,200,000 <SECURITIES-GAINS> 367,518 <EXPENSE-OTHER> 20,535,872 <INCOME-PRETAX> 12,723,338 <INCOME-PRE-EXTRAORDINARY> 12,723,338 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,425,338 <EPS-PRIMARY> 1.88 <EPS-DILUTED> 1.87 <YIELD-ACTUAL> 8.57 <LOANS-NON> 7,542,400 <LOANS-PAST> 1,446,967 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 5,200,000<F1> <ALLOWANCE-OPEN> 7,784,516 <CHARGE-OFFS> 1,273,148 <RECOVERIES> 783,770 <ALLOWANCE-CLOSE> 8,495,138 <ALLOWANCE-DOMESTIC> 8,495,138 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,461,559 <FN> <F1> See discussion of potential problem loans required by Guide 3, section III.C.2 under the caption Guide 3 Statistical Disclosures in the Corporation's Form 10-K. </FN>