|
 |
|
|
 North Shore Bank, a Co-operative Bank
North Shore Bank, a Co-operative Bank
| RSSD ID 161273 | CERTIFICATE 26484 | ABA NUMBER 211371298 |
| 248 Andover St |
Quarter Ended : |
2025-03-31 |
| Peabody, Massachusetts, 1960 |
Updated : |
2025-04-30 |
| www.northshore-bank.com |
|
| Institution Profile |
| Year Opened : |
1888 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
27 |
Number of Employees : |
262 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,980,521 |
|
Total Interest Income | 38,673 |
| Total Liabilities | 2,547,492 |
|
Total NonInterest Income | 2,308 |
| Total Bank Equity Capital | 433,029 |
|
Total Interest Expense | 12,207 |
| Total Deposits | 2,412,290 |
|
Total NonInterest Expense | 16,735 |
| Net Loans & Leases | 2,286,739 |
|
Net Income | 8,862 |
| Loan Loss Allowance | 11,042 |
|
Net Charge Offs | 2 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 316,906 |
|
Total loans | 2,310,708 |
| Total assets for the leverage ratio | 2,811,608 |
|
Loans secured by real estate: | 2,140,507 |
| Tier 1 Leverage Ratio | 10.99 |
|
Commercial and industrial loans | 166,625 |
| Tier 1 Capital Ratio | 14.84 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.23 |
|
Loans to individuals - Other | 1,773 |
|
|
|
|
:· North Shore Bank, a Co-operative Bank
