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Brookline Bancorp Inc., the parent company of Bank Rhode Island announced on Thursday it has set aside $4.2 million to cover possible losses from two business loans BankRI issued shortly after Brookline bought the bank in January.
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By PBN Staff
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Tax return preparers will be penalized if they fail to electronically file tax returns in the filing season starting Jan. 1, 2013, according to the R.I. Division of Taxation.
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By Dana Reilly |
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Sovereign Bank, N.A. – a subsidiary of Banco Santander S.A. – saw its 10th consecutive quarter of profitability, with net income of $127 million, an increase of 27 percent compared with the $100 million net income reported in the second quarter of 2011.
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By PBN Staff
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