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Needham Bank
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Needham Bank
| RSSD ID 339773 | CERTIFICATE 26483 | ABA NUMBER 211373539 |
| 1063 Great Plain Ave |
Quarter Ended : |
2026-06-30 |
| Needham, Massachusetts, 2492 |
Updated : |
2026-08-07 |
| www.needhambank.com |
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| Institution Profile |
| Year Opened : |
1892 |
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 : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
21 |
Number of Employees : |
579 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 7,416,433 |
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Total Interest Income | 216,542 |
| Total Liabilities | 6,605,805 |
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Total NonInterest Income | 10,071 |
| Total Bank Equity Capital | 810,628 |
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Total Interest Expense | 85,378 |
| Total Deposits | 6,320,314 |
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Total NonInterest Expense | 83,705 |
| Net Loans & Leases | 6,340,079 |
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Net Income | 36,267 |
| Loan Loss Allowance | 82,088 |
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Net Charge Offs | 14,699 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 835,700 |
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Total loans | 6,313,738 |
| Total assets for the leverage ratio | 7,170,861 |
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Loans secured by real estate: | 4,706,847 |
| Tier 1 Leverage Ratio | 10.89 |
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Commercial and industrial loans | 1,160,922 |
| Tier 1 Capital Ratio | 11.5 |
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Loans to individuals - Credit Cards | 2,676 |
| Total Capital Ratio | 12.31 |
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Loans to individuals - Other | 214,217 |
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