Florence Bank
Chartered Bank Active FDIC Insured
Health Score
7.9 / 10
85 Main St, Florence, MA 01062
Financial Overview
Total Assets $2.02B
Total Deposits $1.78B
Profitability (ROA) 0.66%
Shareholder Return (ROE) 6.28%
Capital Cushion (Eq/Assets) 10.54%
Established 02/14/1873
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$136.7M 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.florencebank.com
FDIC Certificate #: 23293
Specialization: All Other Over 1 Billion