South Shore Bank

South Weymouth, MA
IDRSSD: 772008
Total Assets
$2.47B
Latest filing
Total Deposits
$2.17B
Latest filing
Net Interest Margin
2.90%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

2 routesView all
211371447SOUTH WEYMOUTH, MA211371625SOUTH WEYMOUTH, MA

Key People

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Locations

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Main Office
South Shore Bank
1530 Main St
South Weymouth, MA 02190
Full Service - Brick and Mortar
Updated 01/30/2026Established 02/01/1833FDIC Certificate 17892

Branches (12)

Page 1 of 2
NameAddressCity / State
South Shore Bank (Main)1530 Main StSouth Weymouth, MA
SHAWS PLAZA BRANCH650 Middle StEast Weymouth, MA
NORWELL BRANCH400 Washington StNorwell, MA
EAST BRIDGEWATER BRANCH225 Bedford StEast Bridgewater, MA
NORTH WEYMOUTH BRANCH383 Bridge StWeymouth, MA
HUNT STREET BRANCH295 Washington StWeymouth, MA
GRAINTE CROSSING BRANCH370 Quincy AveQuincy, MA
BRAINTREE BRANCH1010 Washington StBraintree, MA
Showing 7 of 12

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 Date02/01/1833
Community BankYes
Ownership TypeNot Mutual
ZIP02190
State and County Number25021
Subchapter S CorporationsNo
Trust PowersTrust Powers Not Granted
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 Employees221
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance11/19/1985
Primary Insurance AgencyDIF
Websitewww.southshorebank.com
Data Updated01/30/2026
CERT90303
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.47B
Total Deposits$2.17B
Total Liabilities$2.24B
Total Equity Capital$237.37M
Net Income$5.48M
Net Loans and Leases$1.64B
Assets Per Employee ($Millions)$10.89M
Bank Premises and Fixed Assets$15.02M
Cash and Balances due from Depository Institutions$197.16M
Deposits Held in Domestic Offices$2.17B

Key Performance Ratios

Return on Assets (ROA)0.89%
Return on Equity (ROE)9.39%
Net Interest Margin2.9%
Efficiency Ratio66.08%
Tier 1 Risk-Based Capital Ratio14.103%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.6%
Earning Assets to total Assets95.79%

Income and Expense

Total Interest Income$29.62M
Total Noninterest Income$2.16M
Total Interest Expense$12.54M
Total Noninterest Expense$12.76M
Net Interest Income$17.08M
Pre-tax Net Operating Income$6.32M
Provision for Credit Losses$169.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$36.28M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$32.97M
Total Liabilities and Capital$2.47B

Securities

Securities$548.03M
Available-for-sale debt securities$548.03M
Equity securities with readily determinable fair values not held for trading
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?
$2.47B as of the latest filing.
How much are South Shore Bank's total deposits?
$2.17B in total deposits.
Where is South Shore Bank located?
South Weymouth, MA.
What is the Net Interest Margin?
2.90%.
How many domestic offices does it operate?
13.
When was it established?
02/01/1833.
What is the Return on Assets (ROA)?
0.89%.
How much are total loans and leases?
$1.64B (latest filing).
What is the total interest income (latest filing)?
$29.62M.