South Shore Bank

Chartered Bank Active FDIC Insured
Health Score
8.0 / 10

1530 Main St, South Weymouth, MA 02190

Financial Overview

Total Assets $2.56B
Total Deposits $2.25B
Profitability (ROA) 0.69%
Shareholder Return (ROE) 7.28%
Capital Cushion (Eq/Assets) 9.37%
Established 02/01/1833

Financial Health Analysis

South Shore Bank is a currently active commercial lending specialization banking institution headquartered in South Weymouth, Massachusetts. Established in 02/01/1833, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, South Shore Bank manages $2.56B in total assets and holds $2.25B in customer deposits. When evaluating the stability of South Shore Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 9.37%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 0.69%, while its Return on Equity (ROE) sits at 7.28%. These robust metrics contribute to an overall health score of 8.0 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$172.9M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.southshorebank.com

FDIC Certificate #: 90303

Specialization: Commercial Lending Specialization

Location

1530 Main St

South Weymouth, Massachusetts 02190

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