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TruNorth Bank
TruNorth Bank
| RSSD ID 161273 | CERTIFICATE 26484 | ABA NUMBER 211371298 |
| 248 Andover St |
Quarter Ended : |
2025-12-31 |
| Peabody, Massachusetts, 1960 |
Updated : |
2026-01-30 |
| www.northshore-bank.com |
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| Institution Profile |
| Year Opened : |
1888 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
30 |
Number of Employees : |
284 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 3,233,778 |
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Total Interest Income | 160,244 |
| Total Liabilities | 2,756,252 |
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Total NonInterest Income | 11,599 |
| Total Bank Equity Capital | 477,526 |
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Total Interest Expense | 46,911 |
| Total Deposits | 2,620,054 |
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Total NonInterest Expense | 69,948 |
| Net Loans & Leases | 2,460,015 |
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Net Income | 39,512 |
| Loan Loss Allowance | 12,170 |
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Net Charge Offs | 58 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 356,550 |
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Total loans | 2,411,828 |
| Total assets for the leverage ratio | 3,031,508 |
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Loans secured by real estate: | 2,235,008 |
| Tier 1 Leverage Ratio | 11.4 |
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Commercial and industrial loans | 149,477 |
| Tier 1 Capital Ratio | 15.21 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.69 |
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Loans to individuals - Other | 1,937 |
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