Bancorp Rhode Island, Inc. is the holding company for Bank Rhode Island (the Bank). It has no significant assets other than the common stock of the Bank. The Bank conducts business through 16 full-service branches, with 12 located in Providence County, three located in Kent County and one located in Washington County. The Bank augments its branch network through online banking services and automatic teller machines (ATMs), both owned and leased, located throughout Rhode Island. The Bank offers its customers a range of business, commercial real estate, consumer and residential loans, commercial leases, deposit products, non-deposit investment products, cash management and online banking services, private banking and other banking products and services to individuals and small- to mid-sized businesses.