South Shore Bank


Overview / Commentary
781-682-3715
1530 Main Street
South Weymouth, MA 02190

South Shore Bank is headquartered in SOUTH WEYMOUTH and is the 25th largest bank in the state of Massachusetts. It is also the 529th largest bank in the nation. It was established in 1833 and as of March of 2025, it had grown to 202 employees at 13 locations. South Shore Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #90303
Year Established1833
Employees202
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD4.2%
Annual Interest Income$26.3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.29B$2.2B
LoansQ1 2025vs Q1 2024$1.55B$1.47B
DepositsQ1 2025vs Q1 2024$2.01B$1.94B
Equity CapitalQ1 2025vs Q1 2024$218.5MM$204.6MM
Loan Loss AllowanceQ1 2025vs Q1 2024$15.3MM$15.1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$5.6MM$3.3MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations

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