Needham Bank
Needham, MA
IDRSSD: 339773
Total Assets
$5.36B
Latest filing
Total Deposits
$4.57B
Latest filing
Net Interest Margin
3.74%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Needham Bank
1063 Great Plain Ave
Needham, MA 02492
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1892FDIC Certificate 33149
Branches (11)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Needham Bank (Main) | 1063 Great Plain Ave | Needham, MA |
| MEDFIELD BRANCH | 520 Main St | Medfield, MA |
| WESTWOOD BRANCH | 341 Washington St | Westwood, MA |
| WELLESLEY BRANCH | 458 Washington St | Wellesley, MA |
| DEHAM BRANCH | 326 Washington St | Dedham, MA |
| ONLINE BRANCH | 1063 Great Plain Ave | Needham, MA |
| ASHLAND BRANCH | 41 Front St | Ashland, MA |
| DOVER BRANCH | 60 Centre St | Dover, MA |
Showing 7 of 11
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
Similar banks
Leader Bank, National Association
Arlington, Massachusetts
→
Assets: $5.11BΔ -0.3%
Institution for Savings in Newburyport and Its Vicinity
Newburyport, Massachusetts
→
Assets: $5.37BΔ +4.7%
HarborOne Bank
Brockton, Massachusetts
→
Assets: $5.61BΔ +9.5%
The Cape Cod Five Cents Savings Bank
Hyannis, Massachusetts
→
Assets: $5.64BΔ +9.9%
Hingham Institution for Savings
Hingham, Massachusetts
→
Assets: $4.54BΔ -11.5%
PeoplesBank
Holyoke, Massachusetts
→
Assets: $4.33BΔ -15.4%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 01/01/1892 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 02492 |
| State and County Number | 25021 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 01 |
| Numeric code | 15 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Boston-Cambridge-Newton, MA-NH |
Operational Info
| Number of Employees | 394 |
| Domestic Offices | 12 |
| 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 | 01/13/1986 |
| Primary Insurance Agency | DIF |
| Website | www.needhambank.com |
| Data Updated | 11/14/2025 |
| CERT | 26483 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $5.36B |
| Total Deposits | $4.57B |
| Total Liabilities | $4.71B |
| Total Equity Capital | $651.42M |
| Net Income | $14.68M |
| Net Loans and Leases | $4.67B |
| Assets Per Employee ($Millions) | $13.7M |
| Bank Premises and Fixed Assets | $49.89M |
| Cash and Balances due from Depository Institutions | $206.60M |
| Deposits Held in Domestic Offices | $4.57B |
Key Performance Ratios
| Return on Assets (ROA) | 1.12% |
| Return on Equity (ROE) | 9.14% |
| Net Interest Margin | 3.74% |
| Efficiency Ratio | 58.5% |
| Tier 1 Risk-Based Capital Ratio | 13.015% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.11% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.157% |
| Earning Assets to total Assets | 94.77% |
Income and Expense
| Total Interest Income | $80.73M |
| Total Noninterest Income | $3.55M |
| Total Interest Expense | $34.38M |
| Total Noninterest Expense | $29.23M |
| Net Interest Income | $46.36M |
| Pre-tax Net Operating Income | $19.28M |
| Provision for Credit Losses | $1.40M |
| 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 | $41.45M |
| Federal Funds Sold & Reverse Repurchase Agreement | $15.44M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $93.87M |
| Total Liabilities and Capital | $5.36B |
Securities
| Securities | $231.02M |
| Available-for-sale debt securities | $231.02M |
| 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 Needham Bank?
$5.36B as of the latest filing.
How much are Needham Bank's total deposits?
$4.57B in total deposits.
Where is Needham Bank located?
Needham, MA.
What is the Net Interest Margin?
3.74%.
How many domestic offices does it operate?
12.
When was it established?
01/01/1892.
What is the Return on Assets (ROA)?
1.12%.
How much are total loans and leases?
$4.67B (latest filing).
What is the total interest income (latest filing)?
$80.73M.