April 3 2007
Securities and Exchange
Commission
100 F Street, N.E.
Washington, D.C. 20549
Re: | Bancorp
Rhode Island, Inc. (the Company) Preliminary Proxy Statement on Schedule 14A Filed March 1, 2007 by PL Capital Group File No. 001-16101 |
Tandy Statement |
Ladies and Gentlemen:
Each member of PL Capital Group, which consists of PL Capital Group (PL Capital), which consists of Financial Edge Fund, L.P.; PL Capital, LLC; Goodbody/PL Capital, LLC; Financial Edge-Strategic Fund, L.P.; PL Capital/Focused Fund, L.P.; PL Capital Offshore, Ltd.; Goodbody/PL Capital, L.P.; PL Capital Advisors, LLC; Richard J. Lashley; and John W. Palmer (each a Filing Person), in response to the comments of the Staff of the Securities and Exchange Commission (the Staff) commenting on the above-referenced preliminary proxy statement and form of proxy (collectively, the Proxy Statement) for use in conjunction with an annual meeting of shareholders of Bancorp Rhode Island, Inc., hereby acknowledge that:
| Each Filing Person is responsible for the adequacy and accuracy of the disclosure in the Proxy Statement; |
| Staff comments or changes to disclosure in response to Staff comments do not foreclose the Securities and Exchange Commission from taking any action with respect to the Proxy Statement; and |
| Each Filing Person may not assert Staff comments as a defense in any proceeding initiated by the Securities and Exchange Commission or any person under the federal securities laws of the United States. |
Very truly yours |
FINANCIAL EDGE FUND, L.P. | ||
By: PL CAPITAL, LLC | ||
General Partner | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
FINANCIAL EDGE-STRATEGIC FUND, L.P. | ||
By: PL CAPITAL, LLC | ||
General Partner | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
PL CAPITAL/FOCUSED FUND, L.P. | ||
By: PL CAPITAL, LLC | ||
General Partner | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
PL CAPITAL OFFSHORE, LTD. | ||
By: PL CAPITAL ADVISORS, LLC | ||
Investment Manager | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Director | Director | |
GOODBODY/PL CAPITAL, L.P. | ||
By: GOODBODY/PL CAPITAL, LLC | ||
General Partner | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
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GOODBODY/PL CAPITAL, LLC | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
PL CAPITAL ADVISORS, LLC | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
PL CAPITAL, LLC | ||
By: /s/ John W. Palmer | /s/ Richard J. Lashley | |
John W. Palmer | Richard J. Lashley | |
Managing Member | Managing Member | |
By: | /s/ John W. Palmer | |
John W. Palmer | ||
By: | /s/ Richard J. Lashley | |
Richard J. Lashley | ||
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