42 North Private Bank

Canton, MA
IDRSSD: 541307
Total Assets
$176.99M
Latest filing
Total Deposits
$132.81M
Latest filing
Net Interest Margin
1.72%
Profitability

Locations

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Main Office
42 North Private Bank
250 Royall Street
Canton, MA 02021
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1967FDIC Certificate 36457

Branches (1)

Page 1 of 1
NameAddressCity / State
42 North Private Bank (Main)250 Royall StreetCanton, MA
MANHATTAN BRANCH147 W 35th StNew York, NY
Showing 1 of 1

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date01/01/1967
Community BankYes
Ownership TypeNot Mutual
ZIP02021
State and County Number25021
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code33
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameBoston-Cambridge-Newton, MA-NH

Operational Info

Number of Employees25
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.42northprivate.com
Data Updated11/14/2025
CERT27015
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$176.99M
Total Deposits$132.81M
Total Liabilities$161.24M
Total Equity Capital$15.75M
Net Income$-1,375,000
Net Loans and Leases$149.00M
Assets Per Employee ($Millions)$7.08M
Bank Premises and Fixed Assets$397.00k
Cash and Balances due from Depository Institutions$20.21M
Deposits Held in Domestic Offices$132.81M

Key Performance Ratios

Return on Assets (ROA)-3.02%
Return on Equity (ROE)-33.47%
Net Interest Margin1.72%
Efficiency Ratio284.32%
Tier 1 Risk-Based Capital Ratio15.112%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.897%
Earning Assets to total Assets95.4%

Income and Expense

Total Interest Income$2.35M
Total Noninterest Income$0
Total Interest Expense$1.60M
Total Noninterest Expense$2.12M
Net Interest Income$746.00k
Pre-tax Net Operating Income$-1,375,000
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$26.68M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.75M
Total Liabilities and Capital$176.99M

Securities

Securities$0
Available-for-sale debt securities$0
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of 42 North Private Bank?
$176.99M as of the latest filing.
How much are 42 North Private Bank's total deposits?
$132.81M in total deposits.
Where is 42 North Private Bank located?
Canton, MA.
What is the Net Interest Margin?
1.72%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1967.
What is the Return on Assets (ROA)?
-3.02%.
How much are total loans and leases?
$149.00M (latest filing).
What is the total interest income (latest filing)?
$2.35M.