South Shore Bank
South Weymouth, MA
IDRSSD: 772008
Total Assets
$2.44B
Latest filing
Total Deposits
$2.15B
Latest filing
Net Interest Margin
2.92%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
South Shore Bank
1530 Main St
South Weymouth, MA 02190
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/01/1833FDIC Certificate 17892
Branches (12)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| South Shore Bank (Main) | 1530 Main St | South Weymouth, MA |
| SHAWS PLAZA BRANCH | 650 Middle St | East Weymouth, MA |
| NORWELL BRANCH | 400 Washington St | Norwell, MA |
| EAST BRIDGEWATER BRANCH | 225 Bedford St | East Bridgewater, MA |
| NORTH WEYMOUTH BRANCH | 383 Bridge St | Weymouth, MA |
| HUNT STREET BRANCH | 295 Washington St | Weymouth, MA |
| GRAINTE CROSSING BRANCH | 370 Quincy Ave | Quincy, MA |
| BRAINTREE BRANCH | 1010 Washington St | Braintree, 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 | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 02/01/1833 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 02190 |
| State and County Number | 25021 |
| Subchapter S Corporations | No |
| Trust Powers | Trust Powers Not Granted |
| 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 | 221 |
| 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 | 11/19/1985 |
| Primary Insurance Agency | DIF |
| Website | www.southshorebank.com |
| Data Updated | 11/14/2025 |
| CERT | 90303 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $2.44B |
| Total Deposits | $2.15B |
| Total Liabilities | $2.21B |
| Total Equity Capital | $229.43M |
| Net Income | $5.00M |
| Net Loans and Leases | $1.61B |
| Assets Per Employee ($Millions) | $11.05M |
| Bank Premises and Fixed Assets | $15.38M |
| Cash and Balances due from Depository Institutions | $195.44M |
| Deposits Held in Domestic Offices | $2.15B |
Key Performance Ratios
| Return on Assets (ROA) | 0.83% |
| Return on Equity (ROE) | 8.85% |
| Net Interest Margin | 2.92% |
| Efficiency Ratio | 66.2% |
| Tier 1 Risk-Based Capital Ratio | 13.914% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.392% |
| Earning Assets to total Assets | 95.83% |
Income and Expense
| Total Interest Income | $29.28M |
| Total Noninterest Income | $2.75M |
| Total Interest Expense | $12.39M |
| Total Noninterest Expense | $13.05M |
| Net Interest Income | $16.89M |
| Pre-tax Net Operating Income | $6.60M |
| 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 | $38.72M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $24.18M |
| Total Liabilities and Capital | $2.44B |
Securities
| Securities | $543.45M |
| Available-for-sale debt securities | $543.45M |
| 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 South Shore Bank?
$2.44B as of the latest filing.
How much are South Shore Bank's total deposits?
$2.15B in total deposits.
Where is South Shore Bank located?
South Weymouth, MA.
What is the Net Interest Margin?
2.92%.
How many domestic offices does it operate?
13.
When was it established?
02/01/1833.
What is the Return on Assets (ROA)?
0.83%.
How much are total loans and leases?
$1.61B (latest filing).
What is the total interest income (latest filing)?
$29.28M.