Bailout Bank Bio: Bancorp Rhode Island, Inc.

May 12, 2009 | 2 min read | Print Article

Bancorp Rhode Island, Inc. is the holding company for Bank Rhode Island (the Bank). It has no significant assets other than the common stock of the Bank. The Bank conducts business through 16 full-service branches, with 12 located in Providence County, three located in Kent County and one located in Washington County. The Bank augments its branch network through online banking services and automatic teller machines, both owned and leased, located throughout Rhode Island. The Bank offers a range of business, commercial real estate, residential and consumer loans and leases, deposit products, non-deposit investment products, cash management and online banking services, private banking and other banking products and services to individuals and small- to mid-sized businesses. The company was founded in 1996 and is headquartered in Providence, Rhode Island.

Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles

Bailout Bank Bio: Bancorp Rhode Island, Inc.


Federal Equity Investment	$30 million
Total Revenue	$96.855 million
Net Income	$9.045 million
Number of Employees	229
Corporate Headquarters	Providence, Rhode Island
Business Sector	Bank
Officers and Directors	Chace, Malcolm, Chairman of the Board Sherman, Merrill, President, Chief Executive Officer, Director Other Officers and Directors
Corporate Website	https://www.bankri.com/
Executive Compensation	Bancorp Rhode Island, Inc