Shoreham Bank
Warwick, RI
IDRSSD: 724904
Total Assets
$498.81M
Latest filing
Total Deposits
$429.25M
Latest filing
Net Interest Margin
4.61%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Shoreham Bank
1 Shoreham Way
Warwick, RI 02886
Limited Service - Administrative
Updated 11/14/2025Established 01/01/1979FDIC Certificate 39887
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Shoreham Bank (Main) | 1 Shoreham Way | Warwick, RI |
| POST ROAD WARWICK BRANCH | 2381 Post Rd | Warwick, RI |
| WICKENDEN BRANCH | 187 Wickenden St | Providence, RI |
| COWESETT BRANCH | 3803 Post Rd | Warwick, RI |
Showing 3 of 3
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 01/01/1979 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 02886 |
| State and County Number | 44003 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 01 |
| Numeric code | 33 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Providence-Warwick, RI-MA |
Operational Info
| Number of Employees | 108 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2025 |
| Date of Deposit Insurance | 12/30/1994 |
| Primary Insurance Agency | DIF |
| Website | www.shoreham.bank |
| Data Updated | 11/14/2025 |
| CERT | 27417 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $498.81M |
| Total Deposits | $429.25M |
| Total Liabilities | $444.33M |
| Total Equity Capital | $54.48M |
| Net Income | $761.00k |
| Net Loans and Leases | $420.24M |
| Assets Per Employee ($Millions) | $4.75M |
| Bank Premises and Fixed Assets | $6.79M |
| Cash and Balances due from Depository Institutions | $42.76M |
| Deposits Held in Domestic Offices | $429.25M |
Key Performance Ratios
| Return on Assets (ROA) | 0.61% |
| Return on Equity (ROE) | 5.58% |
| Net Interest Margin | 4.61% |
| Efficiency Ratio | 78.96% |
| Tier 1 Risk-Based Capital Ratio | 12.834% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.72% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.922% |
| Earning Assets to total Assets | 95.71% |
Income and Expense
| Total Interest Income | $9.78M |
| Total Noninterest Income | $2.37M |
| Total Interest Expense | $4.25M |
| Total Noninterest Expense | $6.24M |
| Net Interest Income | $5.53M |
| Pre-tax Net Operating Income | $761.00k |
| Provision for Credit Losses | $900.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $10.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $5.08M |
| Total Liabilities and Capital | $498.81M |
Securities
| Securities | $15.40M |
| Available-for-sale debt securities | $15.40M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Shoreham Bank?
$498.81M as of the latest filing.
How much are Shoreham Bank's total deposits?
$429.25M in total deposits.
Where is Shoreham Bank located?
Warwick, RI.
What is the Net Interest Margin?
4.61%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1979.
What is the Return on Assets (ROA)?
0.61%.
How much are total loans and leases?
$420.24M (latest filing).
What is the total interest income (latest filing)?
$9.78M.