South Shore Bank, Financial Information

AboutSouth Shore Bank

 Address:
1530 Main St
South Weymouth,MA
Norfolk County,Massachusetts
 Established:
Feb 1833
 Number of domestic offices:
14
Total assets$1,898M
Net income$7M
Net income,quarterly$3M
Total deposits$1,591M
Domestic deposits$1,591M
Equity capital$177M
ROA0.41%
ROAQ,quarterly0.57%
ROA,pretax0.57%
ROAQ,quarterly,pretax0.72%
ROE4.15%
ROEQ,quarterly6.08%
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.