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.
Overall | |
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FDIC Certificate # | 34147 |
Year Established | 1996 |
Employees | 293 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.79% |
Return on Equity - YTD | 7.44% |
Annual Interest Income | $42MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $3.4B$3.34B |
Loans | Q1 2025vs Q1 2024 | $2.81B$2.72B |
Deposits | Q1 2025vs Q1 2024 | $2.47B$2.53B |
Equity Capital | Q1 2025vs Q1 2024 | $370.6MM$350.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $26.7MM$34.1MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.4MM$3.4MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $700K$780K |
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