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 Needham Bank
Needham Bank
| RSSD ID 339773 | CERTIFICATE 26483 | ABA NUMBER 211373539 |
| 1063 Great Plain Ave |
Quarter Ended : |
2025-06-30 |
| Needham, Massachusetts, 02492 |
Updated : |
2025-07-31 |
| www.needhambank.com |
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| Institution Profile |
| Year Opened : |
1892 |
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 : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
12 |
Number of Employees : |
394 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 5,126,269 |
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Total Interest Income | 154,027 |
| Total Liabilities | 4,492,554 |
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Total NonInterest Income | 8,040 |
| Total Bank Equity Capital | 633,715 |
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Total Interest Expense | 67,894 |
| Total Deposits | 4,277,028 |
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Total NonInterest Expense | 56,782 |
| Net Loans & Leases | 4,497,921 |
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Net Income | 24,925 |
| Loan Loss Allowance | 42,601 |
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Net Charge Offs | 1,334 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 684,067 |
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Total loans | 4,479,473 |
| Total assets for the leverage ratio | 5,070,136 |
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Loans secured by real estate: | 3,626,723 |
| Tier 1 Leverage Ratio | 12.61 |
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Commercial and industrial loans | 593,813 |
| Tier 1 Capital Ratio | 13.17 |
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Loans to individuals - Credit Cards | 1,234 |
| Total Capital Ratio | 14.1 |
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Loans to individuals - Other | 247,071 |
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:· Needham Bank
