Florence Bank
Florence, MA
IDRSSD: 279105
Total Assets
$1.95B
Latest filing
Total Deposits
$1.69B
Latest filing
Net Interest Margin
2.83%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Florence Bank
85 Main St
Florence, MA 01062
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/14/1873FDIC Certificate 16326
Branches (12)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Florence Bank (Main) | 85 Main St | Florence, MA |
| FLORENCE DRIVE-UP BRANCH | 69 Main St | Florence, MA |
| KING STREET BRANCH | 176 King St | Northampton, MA |
| WILLIAMSBURG BRANCH | 1 Main St | Williamsburg, MA |
| NORTHAMPTON BRANCH | 58 Main St | Northampton, MA |
| HADLEY BRANCH | 377 Russell St | Hadley, MA |
| EASTHAMPTON BRANCH | 5 Main St | Easthampton, MA |
| COLLEGE STREET BRANCH | 385 College St | Amherst, MA |
Showing 7 of 12
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 02/14/1873 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 01062 |
| State and County Number | 25015 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 01 |
| Numeric code | 41 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Springfield, MA |
Operational Info
| Number of Employees | 212 |
| Domestic Offices | 13 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/17/2024 |
| Date of Deposit Insurance | 01/02/1981 |
| Primary Insurance Agency | DIF |
| Website | www.florencebank.com |
| Data Updated | 11/14/2025 |
| CERT | 23293 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.95B |
| Total Deposits | $1.69B |
| Total Liabilities | $1.75B |
| Total Equity Capital | $205.90M |
| Net Income | $3.42M |
| Net Loans and Leases | $1.21B |
| Assets Per Employee ($Millions) | $9.05M |
| Bank Premises and Fixed Assets | $13.31M |
| Cash and Balances due from Depository Institutions | $42.24M |
| Deposits Held in Domestic Offices | $1.69B |
Key Performance Ratios
| Return on Assets (ROA) | 0.7% |
| Return on Equity (ROE) | 6.75% |
| Net Interest Margin | 2.83% |
| Efficiency Ratio | 65.88% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.12% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.534% |
| Earning Assets to total Assets | 94.16% |
Income and Expense
| Total Interest Income | $18.75M |
| Total Noninterest Income | $2.07M |
| Total Interest Expense | $5.79M |
| Total Noninterest Expense | $9.91M |
| Net Interest Income | $12.96M |
| Pre-tax Net Operating Income | $4.54M |
| Provision for Credit Losses | $585.00k |
| 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 | $45.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $13.77M |
| Total Liabilities and Capital | $1.95B |
Securities
| Securities | $611.16M |
| Available-for-sale debt securities | $321.48M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $286.45M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Florence Bank?
$1.95B as of the latest filing.
How much are Florence Bank's total deposits?
$1.69B in total deposits.
Where is Florence Bank located?
Florence, MA.
What is the Net Interest Margin?
2.83%.
How many domestic offices does it operate?
13.
When was it established?
02/14/1873.
What is the Return on Assets (ROA)?
0.7%.
How much are total loans and leases?
$1.21B (latest filing).
What is the total interest income (latest filing)?
$18.75M.