|
 |
|
|
 Florence Bank
Florence Bank
| RSSD ID 279105 | CERTIFICATE 23293 | ABA NUMBER 211871688 |
| 85 Main St |
Quarter Ended : |
2025-12-31 |
| Florence, Massachusetts, 1062 |
Updated : |
2026-01-22 |
| www.florencebank.com |
|
| Institution Profile |
| Year Opened : |
1873 |
Institution Type : |
Stock and Mutual Savings bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
All Other Over 1 Billion |
| Number of Offices : |
13 |
Number of Employees : |
215 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,007,879 |
|
Total Interest Income | 74,408 |
| Total Liabilities | 1,799,065 |
|
Total NonInterest Income | 7,819 |
| Total Bank Equity Capital | 208,814 |
|
Total Interest Expense | 24,166 |
| Total Deposits | 1,753,765 |
|
Total NonInterest Expense | 40,893 |
| Net Loans & Leases | 1,233,095 |
|
Net Income | 12,179 |
| Loan Loss Allowance | 7,793 |
|
Net Charge Offs | 85 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 1,226,517 |
| Total assets for the leverage ratio | 1,996,756 |
|
Loans secured by real estate: | 1,190,394 |
| Tier 1 Leverage Ratio | 12.1 |
|
Commercial and industrial loans | 35,829 |
| Off Balance Sheet Exposures (%) | 11.6 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 136 |
|
|
|
|
:· Florence Bank
