BranchWatch

Florence Bank

Headquartered in Florence, MA. Part of Florence Bancorp, Mhc. FDIC certificate #23293 · Federal Reserve RSSD 279105.

Total assets
$2.0B
Deposits
$1.8B
Q1 2026
Active branches
14
Closings since Jan 2020
0
2 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$3M
Return on assets
0.66%
Return on equity
6.28%
Noncurrent loan rate
0.49%

Deposits by year (Summary of Deposits)

1
2019
1
2020
2
2021
2
2022
2
2023
2
2024
2
2025

Values in $ billions, June 30 of each year.

Openings by year

1
2021
1
2026

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.florencebank.com.