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South Shore Bank
South Shore Bank
| RSSD ID 772008 | CERTIFICATE 90303 | ABA NUMBER 211371447 |
| 1530 Main St |
Quarter Ended : |
2025-12-31 |
| South Weymouth, Massachusetts, 2190 |
Updated : |
2026-02-06 |
| 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 : |
227 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 2,472,672 |
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Total Interest Income | 112,868 |
| Total Liabilities | 2,235,300 |
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Total NonInterest Income | 8,086 |
| Total Bank Equity Capital | 237,372 |
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Total Interest Expense | 48,502 |
| Total Deposits | 2,166,046 |
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Total NonInterest Expense | 52,057 |
| Net Loans & Leases | 1,636,836 |
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Net Income | 15,922 |
| Loan Loss Allowance | 15,286 |
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Net Charge Offs | 177 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 260,492 |
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Total loans | 1,586,108 |
| Total assets for the leverage ratio | 2,341,837 |
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Loans secured by real estate: | 1,187,967 |
| Tier 1 Leverage Ratio | 10.42 |
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Commercial and industrial loans | 294,087 |
| Tier 1 Capital Ratio | 14.1 |
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Loans to individuals - Credit Cards | 1,263 |
| Total Capital Ratio | 15.05 |
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Loans to individuals - Other | 4,670 |
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