Bank Rhode Island

Bank Rhode Island is headquartered in Providence and is the 4^th largest bank in the state of Rhode Island. It is also the 419^st largest bank in the nation. It was established in 1996 and as of December of 2011, it had grown to 250 employees at 17 locations. Bank Rhode Island has a 4-star health rating.

Data for Q4 2011

Institution Statistics Bank Rhode Island FDIC Certificate # 34147 BankRate Report View Year Established 1996 Employees 250 Primary Regulator FDIC Assets and Liabilities Assets $1.58 billion Loans $1.15 billion Deposits $1.13 billion Equity Capital $145.30 million Loan Loss Allowance $18.14 million Unbacked Noncurrent Loans $17.28 million Real Estate Owned $922,000 Historic Data - December 2010 Assets $1.60 billion Equity Capital $140.00 million Loan Loss Allowance $18.65 million Unbacked Noncurrent Loans $16.00 million Real Estate Owned $1.13 million Profit Margin - Quarterly Net Interest Margin 3.79% Return on Assets 0.52% Return on Equity 5.77% Interest Income $69.74 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank Rhode Island had $18.2 million in non-current loans and owned real-estate with $163.44 million in equity and loan loss allowances on hand to cover it. This gives Bank Rhode Island a Texas Ratio of 11.14% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank Rhode Island held steady from 10.66% as of December 31, 2010 to 11.14% as of December 31, 2011, resulting in a negative change of 4.48%. This indicates that the balance sheet and financial strength for Bank Rhode Island has held steady in recent periods. Deposit Growth In the past year, Bank Rhode Island has increased its total deposits by $10.47 million, resulting in 0.93% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank Rhode Island has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank Rhode Island has $1.58 billion in assets with $163.44 million in equity, resulting in a capitalization level of 10.34%, which is above average.

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