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Needham Bank
Needham Bank
| RSSD ID 339773 | CERTIFICATE 26483 | ABA NUMBER 211373539 |
| 1063 Great Plain Ave |
Quarter Ended : |
2025-12-31 |
| Needham, Massachusetts, 2492 |
Updated : |
2026-02-12 |
| 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 : |
19 |
Number of Employees : |
535 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 6,926,702 |
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Total Interest Income | 331,336 |
| Total Liabilities | 6,147,515 |
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Total NonInterest Income | 15,571 |
| Total Bank Equity Capital | 779,187 |
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Total Interest Expense | 141,289 |
| Total Deposits | 5,858,918 |
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Total NonInterest Expense | 131,049 |
| Net Loans & Leases | 5,900,384 |
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Net Income | 49,554 |
| Loan Loss Allowance | 85,009 |
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Net Charge Offs | 6,281 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 824,698 |
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Total loans | 5,409,285 |
| Total assets for the leverage ratio | 6,111,116 |
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Loans secured by real estate: | 4,484,247 |
| Tier 1 Leverage Ratio | 12.18 |
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Commercial and industrial loans | 1,045,651 |
| Tier 1 Capital Ratio | 11.56 |
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Loans to individuals - Credit Cards | 1,235 |
| Total Capital Ratio | 12.81 |
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Loans to individuals - Other | 258,169 |
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