Cape Ann Savings Bank


Overview / Commentary
978-283-0246
109 Main Street
Gloucester, MA 01930

Cape Ann Savings Bank is headquartered in GLOUCESTER and is the 50th largest bank in the state of Massachusetts. It is also the 1,024th largest bank in the nation. It was established in 1846 and as of September of 2024, it had grown to 82 employees at 5 locations. Cape Ann Savings Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #90203
Year Established1846
Employees82
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD5.98%
Annual Interest Income$27.8MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$1B$918.8MM
LoansQ3 2024vs Q3 2023$678MM$647.4MM
DepositsQ3 2024vs Q3 2023$761.1MM$714.2MM
Equity CapitalQ3 2024vs Q3 2023$195.5MM$176.8MM
Loan Loss AllowanceQ3 2024vs Q3 2023$6.1MM$5.7MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$3.8MM$3.2MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

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Locations


Cape Ann Savings Bank Locations
Cape Ann Savings Bank109 Main StGloucester, MA 01930
Manchester Branch17 Beach StreetManchester, MA 01944
Gloucester High School BranchLeslie O. Johnson RoadGloucester, MA 01930
Granite Br247 Main StreetRockport, MA 01966
To Be Determined Branch4 School House RoadGloucester, MA 01930

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