SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 25, 1999
WASHINGTON TRUST BANCORP, INC.
(Exact name of registrant as specified in its charter)
RHODE ISLAND 0-13091 05-0404671
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
23 Broad Street, Westerly, Rhode Island 02891
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (401) 348-1200
N/A
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(Former name,former address and former fiscal year,if changed since last report)
WASHINGTON TRUST BANCORP, INC.
FORM 8-K
Item 5. Other Events
On August 25, 1999, Washington Trust Bancorp, Inc., parent of The
Washington Trust Company, announced that it has completed the
acquisition of Pier Bank, a Rhode Island-chartered community bank
headquartered in South Kingstown, Rhode Island. Effective at the close
of business on August 25, 1999, Pier Bank's two branches, in South
Kingstown and Narragansett, Rhode Island, will operate under "The
Washington Trust Company" name. Conversion of customer deposit and loan
accounts will take place on September 24, 1999. As a result of the
acquisition, Washington Trust Bancorp, Inc., had pro forma assets at
June 30, 1999 of $1.077 billion. Washington Trust Bancorp, Inc. is
headquartered in Westerly, Rhode Island.
Attached hereto as Exhibit 99 is the press release announcing the
completion of the acquisition.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
a. None
b. None
c. Exhibits
Exhibit No. Description
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99 Press release of Washington Trust Bancorp, Inc.
issued August 25, 1999.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
WASHINGTON TRUST BANCORP, INC.
(Registrant)
Dated: August 25, 1999 By: David V. Devault
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Name: David V. Devault
Title: Executive Vice President,
Treasurer and Chief
Financial Officer
(principal financial officer)