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Florence Bank, Financial Information

AboutFlorence Bank

 Address:
85 Main Street
Florence,MA
,Massachusetts
 Established:
Feb 1873
 Number of domestic offices:
12
Total assets$1,711M
Net income$12M
Net income,quarterly$4M
Total deposits$1,515M
Domestic deposits$1,515M
Equity capital$171M
ROA0.78%
ROAQ,quarterly0.93%
ROA,pretax0.93%
ROAQ,quarterly,pretax0.94%
ROE7.54%
ROEQ,quarterly9.3%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data