Advertisement
Shoreham Bank
Warwick, RI · FDIC Certificate #27417 · Chartered 01/0
Total assets
$534.75M
Total deposits
$420.47M
Total equity
$55.30M
Net loans
$458.87M
Branches (offices)
4
Net income (YTD)
$1.62M
Rank: #1,706 of 4,213 U.S. banks by assets · #5 of 5 in Rhode Island. Assets changed 6.4% and deposits -2.4% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.63% |
| Return on equity | 5.89% |
| Net interest margin (YTD) | 4.30% |
| Equity to assets | 10.34% |
| Tier 1 leverage ratio | 10.65% |
| Uninsured deposits (share of deposits) | 10.9% |
| Noncurrent loans (share of loans) | 1.12% |
| Net charge-offs (share of loans) | 0.89% |
| Loans to deposits | 109.1% |
| Real estate loans (share of loans) | 78.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $359.92M | 78.4% | |
| Commercial & industrial | $15.19M | 3.3% | |
| Consumer / individual | $93.67M | 20.4% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $326.16M | $271.25M | $5.08M | $43.08M |
| Jun 2023 | $388.49M | $328.86M | $4.26M | $49.99M |
| Jun 2024 | $469.06M | $413.26M | $2.00M | $52.49M |
| Jun 2025 | $502.68M | $430.99M | $2.98M | $54.68M |
| Jun 2026 | $534.75M | $420.47M | $1.62M | $55.30M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Rhode Island | $420.47M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $420.47M.
Similar-sized banks
Enterprise Bank Of South Carolina ($535.13M) · The Murray Bank ($534.15M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement