BayCoast Bank is a community savings bank providing retail and commercial banking services across the South Coast of Massachusetts and Rhode Island. Operating through a network of 25 branches and several specialized subsidiaries, BayCoast gathers deposits to fund a loan portfolio primarily focused on commercial and multi-family real estate. The bank also originates residential mortgages, construction loans, and manufactured home loans. The company’s primary revenue driver is net interest income, representing the spread between interest earned on assets and interest paid on liabilities. To diversify revenue, BayCoast emphasizes non-interest income through subsidiaries offering mortgage banking, insurance, and wealth management services. BayCoast Mortgage originates and sells residential loans into the secondary market, while BayCoast Insurance and Plimoth Investment Advisors provide insurance products and investment management. The company is currently undergoing a mutual-to-partial-stock reorganization, establishing Narragansett Bancorp as a holding company to raise capital for lending growth and to repay debt. BayCoast's strategy focuses on expanding commercial lending, deepening commercial relationships through treasury management, and improving its operating efficiency through automation and technology investments.