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BankRI provides $20M loan to finance construction of Hammetts Wharf Hotel

PROVIDENCE – Bank Rhode Island said it has procured financing to provide a $20.5 million loan to Newport-based Hammetts Wharf LLC for construction of...

BankRI provides $2M to finance Park Terrace acquisition

PROVIDENCE – Bank Rhode Island has finalized a loan of more than $2.2 million to provide financing for a firm to acquire the 83-unit...
PBN PHOTO/DAVE HANSEN

Five Questions With Mark J. Meiklejohn

Mark J. Meiklejohn | President and CEO, Bank Rhode Island 1. What drove Bank Rhode Island’s increased profit this year? Bank Rhode Island is...
BROOKLINE BANCORP., the parent company of Bank Rhode Island, reported net income of $23.2 million in the third quarter, a more than 40 percent improvement on the same 2017 period.

Bank Rhode Island parent reports $23.2M profit in Q3

BOSTON – Brookline Bancorp. Inc. reported net income of $23.2 million for the third quarter, or 28 cents per diluted share, a 43.7 percent...
THE BANK RHODE ISLAND branch at 265 Jefferson Blvd. in Warwick, above, reopened on Feb. 26. The branch was previously located on Centreville Road in Warwick. / COURTESY BANKRI

Bank Rhode Island parent firm reports record quarterly earnings

PROVIDENCE – Brookline Bancorp Inc., the Boston-based parent company of Bank Rhode Island, on Wednesday reported a record $20.8 million profit in the second...
BANK RHODE ISLAND has provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. / COURTESY BANK RHODE ISLAND

Bank Rhode Island provides $8.2M for Lincoln apartment complex

LINCOLN – Bank Rhode Island last week provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. The refinancing package was made with...
BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.

Brookline Bancorp 2017, 4Q profit fall after new tax law

BOSTON – Brookline Bancorp Inc. suffered a $9 million noncash charge on deferred tax assets stemming from the federal tax overhaul, depressing both full-year...
BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.

BankRI parent, Brookline Bancorp, reports 2Q profit increase to $15.6M

BOSTON – Brookline Bancorp Inc. on Wednesday reported second-quarter profit grew 16.9 percent to $15.6 million, or 20 cents per diluted share, compared with $13.4...
Brookline Bancorp Inc., parent of Bank Rhode Island, reported profitable first-quarter earnings.

Brookline Bancorp reports $14M first-quarter profit

BOSTON – Brookline Bancorp Inc. on Wednesday reported first-quarter profit of $14 million, or 19 cents per diluted share, an increase of 2.7 percent,...
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