Seamen's Bank

Overview / Commentary
221 Commercial Street
Provincetown, MA 02657

Seamen's Bank is headquartered in Provincetown and is the 87th largest bank in the state of Massachusetts. It is also the 1,830th largest bank in the nation. It was established in 1851 and as of June of 2019, it had grown to 69 employees at 5 locations. Seamen's Bank has a B health rating.

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Health Grade Components

FDIC Certificate #90268
Year Established1851
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD4.04%
Annual Interest Income$7.3MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$380.6MM$380.8MM
LoansQ2 2019vs Q2 2018$286.6MM$276.3MM
DepositsQ2 2019vs Q2 2018$325.7MM$316.8MM
Equity CapitalQ2 2019vs Q2 2018$42.4MM$39.6MM
Loan Loss AllowanceQ2 2019vs Q2 2018$3.2MM$2.9MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$8.3MM$8.4MM
Real Estate OwnedQ2 2019vs Q2 2018$0$0

Rates for Seamen's Bank are currently being reviewed.


Seamen's Bank Locations
Seamen's Bank221 Commercial StreetProvincetown, MA 02657
Wellfleet Branch2746 Sthy 6Wellfleet, MA 02667
North Truro Branch350 Route 6North Truro, MA 02652
North Eastham Branch4355 State HighwayNorth Eastham, MA 02651
A & P Plaza Branch56 Shank Painter RoadProvincetown, MA 02657

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