Washington Trust Bancorp, Inc. 2002 Annual Report In the fall of 2002, Washington Trust Chairman and CEO John C. Warren was joined by some two dozen dignitaries for a “vault signing” ceremony at the new branch. In his remarks, Mr. Warren encouraged everyone present to write something that might inspire the Bank’ future leaders, should the vault be uncovered and the signatures exposed when Washington Trust turns 300 years old in the year 2100. financial support for nonprofit institutions and organizations such as Kent County Hospital, the Boys & Girls Clubs of Warwick and the Sargent Rehabilitation Center, as well as building relationships with groups such as the Central Rhode Island Chamber of Commerce. The addition of retail branches in Cranston, Providence and Warwick provides Washington Trust with locations within densely populated neighborhoods and  thriving business districts that are key to  our future growth. To celebrate our expansion into Providence County, we embarked on a bank- wide promotion of our relationship accounts. The program helped to generate some $75 million in deposits, of which approximately 80% were new to Washington Trust. Commonly known as the “Crossroads of Rhode Island,” Kent County – and specifi- cally the City of Warwick – is the dynamic, burgeoning economic region that links Washington County in the south to Providence County and other points north. It is precisely for these reasons that Washington Trust selected this spot in central Rhode Island as the home for its 16th branch  location, to open in the spring of 2003.  With construction of the new branch well underway, W ashington T rust has begun  serving this new community. Members of the Bank’ commercial lending, retail banking, and trust and investment management division have been  proactively reaching out to new prospects, in anticipation of the branch’s opening. We have extended our community outreach to the Warwick area by providing  The acquisition of First Bank  provided W ashington T rust with a solid business banking portfolio, including Mediterraneo, a renowned Italian restaurant in the City of Providence. three