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 South Shore Bank
South Shore Bank
| RSSD ID 772008 | CERTIFICATE 90303 | ABA NUMBER 211371447 |
| 1530 Main St |
Quarter Ended : |
2025-09-30 |
| South Weymouth, Massachusetts, 2190 |
Updated : |
2025-11-05 |
| www.southshorebank.com |
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| Institution Profile |
| Year Opened : |
1833 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
13 |
Number of Employees : |
221 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,442,847 |
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Total Interest Income | 83,248 |
| Total Liabilities | 2,213,420 |
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Total NonInterest Income | 5,929 |
| Total Bank Equity Capital | 229,427 |
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Total Interest Expense | 35,966 |
| Total Deposits | 2,150,516 |
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Total NonInterest Expense | 39,301 |
| Net Loans & Leases | 1,613,960 |
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Net Income | 10,444 |
| Loan Loss Allowance | 15,166 |
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Net Charge Offs | 130 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 254,852 |
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Total loans | 1,568,459 |
| Total assets for the leverage ratio | 2,309,289 |
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Loans secured by real estate: | 1,179,100 |
| Tier 1 Leverage Ratio | 10.33 |
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Commercial and industrial loans | 296,733 |
| Tier 1 Capital Ratio | 13.91 |
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Loans to individuals - Credit Cards | 1,296 |
| Total Capital Ratio | 14.87 |
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Loans to individuals - Other | 4,872 |
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:· South Shore Bank
