Tag Archives: brookline

Sale will boost BankRI’s commercial-lending capacity

COURTESY BANK RHODE ISLAND THE MORE THINGS CHANGE … Mark J. Meiklejohn, president and CEO of Bank Rhode Island, said that some Rhode Island-based employees will become Brookline employees, though that’s somewhat of a technicality. Continue reading

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Brookline completes BankRI acquisition

BROOKLINE, Mass. – Brookline Bancorp Inc.’s purchase of Bancorp Rhode Island was completed on Tuesday, more than eight months after the initial merger announcement. Continue reading

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Brookline Bancorp completes acquisition of Bancorp Rhode Island

Brookline Bancorp, Inc. today announced that it has completed its acquisition of Bancorp Rhode Island, Inc., a $1.6 billion bank holding company based in Providence, Rhode Island. Bancorp Rhode Island’s bank subsidiary, Bank Rhode Island, will continue to operate as a subsidiary of Brookline Bancorp and has 17 branch locations throughout Rhode Island. The total consideration paid by Brookline … Continue reading

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Bancorp R.I. Shareholders Overwhelmingly Choose Cash As Payment For Brookline Bancorp Acquisition

The final tallies are in on the exact compensation to be paid by Brookline Bancorp in its acquisition of Bancorp Rhode Island, expected to be completed by Jan. 1. Continue reading

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BancorpRI Announces Third Quarter 2011 Results

Bancorp Rhode Island, Inc. (NASDAQ: BARI), the parent company of Bank Rhode Island, today reported net income of $2.6 million, or $0.55 diluted earnings per share (EPS), for the quarter ended September 30, 2011. These results reflect expenses of $533,000 (after-tax), or $0.11 per diluted share, related to the pending merger with Brookline Bancorp, Inc. Net income for the third quarter 2011 … Continue reading

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