Bancorp Rhode Island, Inc.
One Turks Head Place
Providence,
RI 02903
United States - Map
Phone: 401-456-5000
Fax: 401-456-5059
Web Site: http://www.bankri.com
| Bancorp Rhode Island, Inc. operates as a holding company for Bank Rhode Island that provides various banking products and services to individuals, and small and mid-sized businesses in Rhode Island. It engages in generating deposits and originating loans. The company accepts a range of deposit products consisting of demand deposits, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit accounts. Its loan portfolio comprises small business loans, commercial real estate loans, commercial and industrial loans, multi-family residential loans, equipment leases, residential mortgage loans, and consumer loans, including home equity loans, lines of credit, direct automobile loans, savings secured loans, and personal loans. The company also provides non-deposit investment products, cash management, private banking, and online banking services. As of December 31, 2008, it operated 16 full-service branches, including 12 located in Providence County, 3 in Kent County, and 1 in Washington County. The company was founded in 1996 and is headquartered in Providence, Rhode Island. |
|
| Key Statistics |
| |
| | Pay | Exercised | Ms. Merrill W. Sherman , 60
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Bank Rhode Island, Pres of Bank Rhode Island of Bank Rhode Island |
$
689.00K |
$
416.00K | Ms. Linda H. Simmons , 49
Chief Financial Officer, Treasurer, Chief Financial Officer of Bank Rhode Island and Treasurer of Bank Rhode Island |
$
389.00K |
$
0 | Mr. James V. DeRentis , 47
Consultant |
$
333.00K |
$
62.00K | Mr. Mark J. Meiklejohn , 46
VP, Chief Lending Officer of Rhode Island Bank and Exec. VP of Rhode Island Bank |
$
272.00K |
$
0 | Ms. Margaret D. Farrell Esq., 57
Sec., Gen. Counsel, Sec. of Bank Rhode Island of Bank Rhode Island |
N/A
| N/A |
|
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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