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South Shore Bank
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South Shore Bank
| RSSD ID 772008 | CERTIFICATE 90303 | ABA NUMBER 211371447 |
| 1530 Main St |
Quarter Ended : |
2026-03-31 |
| South Weymouth, Massachusetts, 2190 |
Updated : |
2026-04-30 |
| 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 : |
225 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 2,556,320 |
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Total Interest Income | 28,633 |
| Total Liabilities | 2,316,770 |
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Total NonInterest Income | 1,609 |
| Total Bank Equity Capital | 239,550 |
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Total Interest Expense | 11,694 |
| Total Deposits | 2,248,323 |
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Total NonInterest Expense | 12,793 |
| Net Loans & Leases | 1,663,289 |
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Net Income | 4,339 |
| Loan Loss Allowance | 15,119 |
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Net Charge Offs | 170 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 264,708 |
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Total loans | 1,653,520 |
| Total assets for the leverage ratio | 2,468,051 |
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Loans secured by real estate: | 1,230,001 |
| Tier 1 Leverage Ratio | 10.06 |
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Commercial and industrial loans | 305,416 |
| Tier 1 Capital Ratio | 13.87 |
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Loans to individuals - Credit Cards | 1,410 |
| Total Capital Ratio | 14.78 |
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Loans to individuals - Other | 3,725 |
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