Charles River Bank

Medway, MA
IDRSSD: 947776
Total Assets
$325.40M
Latest filing
Total Deposits
$303.01M
Latest filing
Net Interest Margin
3.35%
Profitability

Locations

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Main Office
Charles River Bank
70 Main St
Medway, MA 02053
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1915FDIC Certificate 35323

Branches (3)

Page 1 of 1
NameAddressCity / State
Charles River Bank (Main)70 Main StMedway, MA
MEDWAY HIGH SCHOOL BRANCH88 Summer StMedway, MA
BELLINGHAM BRANCH3 S Maple StBellingham, MA
CHARLES RIVER BANK BRANCH1 Hastings StMendon, MA
Showing 3 of 3

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 ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1915
Community BankYes
Ownership TypeNot Mutual
ZIP02053
State and County Number25021
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code15
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 Employees50
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance03/25/1986
Primary Insurance AgencyDIF
Websitewww.charlesriverbank.com
Data Updated11/14/2025
CERT26602
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$325.40M
Total Deposits$303.01M
Total Liabilities$305.04M
Total Equity Capital$20.36M
Net Income$318.00k
Net Loans and Leases$234.88M
Assets Per Employee ($Millions)$6.92M
Bank Premises and Fixed Assets$8.30M
Cash and Balances due from Depository Institutions$21.93M
Deposits Held in Domestic Offices$303.01M

Key Performance Ratios

Return on Assets (ROA)0.39%
Return on Equity (ROE)6.4%
Net Interest Margin3.35%
Efficiency Ratio82.75%
Tier 1 Risk-Based Capital Ratio11.832%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets6.257%
Earning Assets to total Assets93.03%

Income and Expense

Total Interest Income$3.72M
Total Noninterest Income$337.00k
Total Interest Expense$1.21M
Total Noninterest Expense$2.36M
Net Interest Income$2.51M
Pre-tax Net Operating Income$491.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.03M
Total Liabilities and Capital$325.40M

Securities

Securities$48.77M
Available-for-sale debt securities$48.77M
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 Charles River Bank?
$325.40M as of the latest filing.
How much are Charles River Bank's total deposits?
$303.01M in total deposits.
Where is Charles River Bank located?
Medway, MA.
What is the Net Interest Margin?
3.35%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1915.
What is the Return on Assets (ROA)?
0.39%.
How much are total loans and leases?
$234.88M (latest filing).
What is the total interest income (latest filing)?
$3.72M.