North Shore Bank, a Co-operative Bank
Peabody, MA
IDRSSD: 161273
Total Assets
$2.98B
Latest filing
Total Deposits
$2.40B
Latest filing
Net Interest Margin
4.30%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
North Shore Bank, a Co-operative Bank
248 Andover St
Peabody, MA 01960
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1888FDIC Certificate 33151
Branches (29)
Page 1 of 5| Name | Address | City / State |
|---|---|---|
| North Shore Bank, a Co-operative Bank (Main) | 248 Andover St | Peabody, MA |
| MERRIMAC BRANCH | 1 W Main St | Merrimac, MA |
| ENVISION BANK BRANCH | 129 N Main St | Randolph, MA |
| DANVERS BRANCH | 48 Elm St | Danvers, MA |
| HIGHLAND AVENUE BRANCH | 319 Highland Ave | Salem, MA |
| HAMILTON ST BRANCH | 1 Hamilton St | Saugus, MA |
| ENON STREET BRANCH | 48 Enon St | Beverly, MA |
| HOLBROOK BRANCH | 819 S Franklin St | Holbrook, MA |
Showing 7 of 29
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 01/01/1888 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 01960 |
| State and County Number | 25009 |
| 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 | 266 |
| Domestic Offices | 27 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/01/2025 |
| Date of Deposit Insurance | 01/10/1986 |
| Primary Insurance Agency | DIF |
| Website | www.northshore-bank.com |
| Data Updated | 11/14/2025 |
| CERT | 26484 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $2.98B |
| Total Deposits | $2.40B |
| Total Liabilities | $2.53B |
| Total Equity Capital | $451.98M |
| Net Income | $10.29M |
| Net Loans and Leases | $2.29B |
| Assets Per Employee ($Millions) | $11.59M |
| Bank Premises and Fixed Assets | $37.19M |
| Cash and Balances due from Depository Institutions | $169.20M |
| Deposits Held in Domestic Offices | $2.40B |
Key Performance Ratios
| Return on Assets (ROA) | 1.39% |
| Return on Equity (ROE) | 9.21% |
| Net Interest Margin | 4.3% |
| Efficiency Ratio | 50.13% |
| Tier 1 Risk-Based Capital Ratio | 15.302% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.01% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 15.174% |
| Earning Assets to total Assets | 89.43% |
Income and Expense
| Total Interest Income | $39.76M |
| Total Noninterest Income | $2.69M |
| Total Interest Expense | $11.21M |
| Total Noninterest Expense | $17.02M |
| Net Interest Income | $28.54M |
| Pre-tax Net Operating Income | $14.12M |
| Provision for Credit Losses | $95.00k |
| 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 | $85.75M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $38.84M |
| Total Liabilities and Capital | $2.98B |
Securities
| Securities | $237.03M |
| Available-for-sale debt securities | $184.53M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $52.50M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of North Shore Bank, a Co-operative Bank?
$2.98B as of the latest filing.
How much are North Shore Bank, a Co-operative Bank's total deposits?
$2.40B in total deposits.
Where is North Shore Bank, a Co-operative Bank located?
Peabody, MA.
What is the Net Interest Margin?
4.30%.
How many domestic offices does it operate?
27.
When was it established?
01/01/1888.
What is the Return on Assets (ROA)?
1.39%.
How much are total loans and leases?
$2.29B (latest filing).
What is the total interest income (latest filing)?
$39.76M.