Century Bank (MA)

Overview / Commentary
102 Fellsway West
Somerville, MA 02145

Century Bank (MA) is headquartered in Somerville and is the 7th largest bank in the state of Massachusetts. It is also the 216th largest bank in the nation. It was established in 1969 and as of December of 2019, it had grown to 432 employees at 28 locations. Century Bank (MA) has an A health rating.

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Health Grade Components

FDIC Certificate #19943
Year Established1969
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD12.09%
Annual Interest Income$159.2MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$5.48B$5.15B
LoansQ4 2019vs Q4 2018$2.40B$2.26B
DepositsQ4 2019vs Q4 2018$4.40B$4.41B
Equity CapitalQ4 2019vs Q4 2018$353.5MM$322.8MM
Loan Loss AllowanceQ4 2019vs Q4 2018$29.6MM$28.5MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$2.0MM$1.2MM
Real Estate OwnedQ4 2019vs Q4 2018$0$2.2MM

Rates for Century Bank (MA) are currently being reviewed.



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