Bank Rhode Island


Overview / Commentary
401-456-5000
One Turks Head Place
Providence, RI 02903

Bank Rhode Island is headquartered in PROVIDENCE and is the 3rd largest bank in the state of Rhode Island. It is also the 371st largest bank in the nation. It was established in 1996 and as of March of 2025, it had grown to 293 employees at 22 locations. Bank Rhode Island has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #34147
Year Established1996
Employees293
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD7.44%
Annual Interest Income$42MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$3.4B$3.34B
LoansQ1 2025vs Q1 2024$2.81B$2.72B
DepositsQ1 2025vs Q1 2024$2.47B$2.53B
Equity CapitalQ1 2025vs Q1 2024$370.6MM$350.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$26.7MM$34.1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$2.4MM$3.4MM
Real Estate OwnedQ1 2025vs Q1 2024$700K$780K
Rates

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Locations

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