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 Shoreham Bank
Shoreham Bank
| RSSD ID 724904 | CERTIFICATE 27417 | ABA NUMBER 211574862 |
| 1 Shoreham Way |
Quarter Ended : |
2025-09-30 |
| Warwick, Rhode Island, 2886 |
Updated : |
2025-10-30 |
| www.shoreham.bank |
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| Institution Profile |
| Year Opened : |
1979 |
Institution Type : |
Savings bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
105 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 498,808 |
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Total Interest Income | 29,486 |
| Total Liabilities | 444,330 |
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Total NonInterest Income | 7,606 |
| Total Bank Equity Capital | 54,478 |
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Total Interest Expense | 12,249 |
| Total Deposits | 429,247 |
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Total NonInterest Expense | 18,401 |
| Net Loans & Leases | 413,595 |
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Net Income | 3,742 |
| Loan Loss Allowance | 10,169 |
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Net Charge Offs | 1,610 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 59,993 |
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Total loans | 436,503 |
| Total assets for the leverage ratio | 506,431 |
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Loans secured by real estate: | 326,682 |
| Tier 1 Leverage Ratio | 10.78 |
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Commercial and industrial loans | 9,703 |
| Tier 1 Capital Ratio | 12.83 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.1 |
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Loans to individuals - Other | 101,203 |
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:· Shoreham Bank
