Domestic Bank was founded in 1967 to provide a full line of exceptional services to businesses and consumers, borrowers and savers.
For over 40 years, they've grown by honoring a tradition of service, prudent lending and an overall conservative approach to finance. At the same time, they've expanded their services to offer comprehensive programs to meet the complete banking needs of their customers.
| Overall | |
|---|---|
| FDIC Certificate # | 27015 |
| Year Established | 1967 |
| Employees | 17 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.78% |
| Return on Equity - YTD | -19.98% |
| Annual Interest Income | $3.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2024vs Q1 2023 | $234.6MM$220.6MM |
| Loans | Q1 2024vs Q1 2023 | $191.3MM$180.4MM |
| Deposits | Q1 2024vs Q1 2023 | $169.3MM$163.1MM |
| Equity Capital | Q1 2024vs Q1 2023 | $21.3MM$22.9MM |
| Loan Loss Allowance | Q1 2024vs Q1 2023 | $2.1MM$2MM |
| Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $3.1MM$205K |
| Real Estate Owned | Q1 2024vs Q1 2023 | $0$0 |
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| 42 North Private Bank Locations | ||
|---|---|---|
| Admirals Bank | 935 Jefferson Blvd | Warwick, RI 02886 |