BankGloucester

Gloucester, MA
IDRSSD: 331375
Total Assets
$398.39M
Latest filing
Total Deposits
$316.32M
Latest filing
Net Interest Margin
3.66%
Profitability

Locations

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Main Office
BankGloucester
160 Main St
Gloucester, MA 01930
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1887FDIC Certificate 35224

Branches (2)

Page 1 of 1
NameAddressCity / State
BankGloucester (Main)160 Main StGloucester, MA
ESSEX BRANCH15 Martin StEssex, MA
IPSWICH BRANCH143 High StIpswich, MA
Showing 2 of 2

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 ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date01/01/1887
Community BankYes
Ownership TypeMutual
ZIP01930
State and County Number25009
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code42
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 Employees57
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance02/10/1986
Primary Insurance AgencyDIF
Websitehttps://bankgloucester.com
Data Updated11/14/2025
CERT26536
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$398.39M
Total Deposits$316.32M
Total Liabilities$367.27M
Total Equity Capital$31.12M
Net Income$443.00k
Net Loans and Leases$334.49M
Assets Per Employee ($Millions)$7.38M
Bank Premises and Fixed Assets$6.30M
Cash and Balances due from Depository Institutions$21.90M
Deposits Held in Domestic Offices$316.32M

Key Performance Ratios

Return on Assets (ROA)0.45%
Return on Equity (ROE)5.75%
Net Interest Margin3.66%
Efficiency Ratio78.93%
Tier 1 Risk-Based Capital Ratio12.223%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.15%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.812%
Earning Assets to total Assets95.92%

Income and Expense

Total Interest Income$5.33M
Total Noninterest Income$195.00k
Total Interest Expense$1.88M
Total Noninterest Expense$2.88M
Net Interest Income$3.45M
Pre-tax Net Operating Income$619.00k
Provision for Credit Losses$150.00k
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$50.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$948.00k
Total Liabilities and Capital$398.39M

Securities

Securities$30.41M
Available-for-sale debt securities$29.87M
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 BankGloucester?
$398.39M as of the latest filing.
How much are BankGloucester's total deposits?
$316.32M in total deposits.
Where is BankGloucester located?
Gloucester, MA.
What is the Net Interest Margin?
3.66%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1887.
What is the Return on Assets (ROA)?
0.45%.
How much are total loans and leases?
$334.49M (latest filing).
What is the total interest income (latest filing)?
$5.33M.