“For any business, 10 years is a significant milestone. We are gratified with our hard-earned success and the evolution of our business over the last decade. Rhode Island is a competitive banking market, and we have clearly made major strides to establish Bank Rhode Island as the preeminent financial institution for the state's businesses.”
“While the margin remains under pressure, we're pleased that it has held through this quarter. This reflects our efforts to shift the asset mix, emphasizing internally generated assets while shedding lower yielding assets and higher cost funds.”
