WESTERLY, R.I. (AP) _ Washington Trust Bancorp Inc. (WASH) on Wednesday reported net income of $16.5 million in its fourth quarter.

The bank, based in Westerly, Rhode Island, said it had earnings of 95 cents per share.

The holding company for The Washington Trust Co. posted revenue of $75.5 million in the period. Its revenue net of interest expense was $55.1 million, which missed Street forecasts.

For the year, the company reported profit of $71.5 million, or $4.11 per share. Revenue was reported as $218.6 million.

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