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BankHealth

SOUTH SHORE BANK

SOUTH WEYMOUTH, MASSACHUSETTS · FDIC Cert #90303

A
Health Score
90/100
$2.2B
Total Assets
$1.9B
Total Deposits
14.27%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SOUTH SHORE BANK holds a Tier 1 capital ratio of 14.27%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SOUTH SHORE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.19%
Nonperforming Loans
Low — healthy loan portfolio
28.01%
Liquidity Ratio
Strong — can meet withdrawal demands
0.66%
Return on Assets
Low profitability
$1.9B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SOUTH SHORE BANK shows strong financial health indicators. With $2.2B in assets and a Health Score of 90/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

SOUTH SHORE BANK has a Bank Health Score of A (90/100). It holds a Tier 1 capital ratio of 14.27%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SOUTH SHORE BANK holds $2.2B in total assets and $1.9B in total deposits. It is located in SOUTH WEYMOUTH, MASSACHUSETTS (FDIC Certificate #90303).

SOUTH SHORE BANK has a Tier 1 capital ratio of 14.27%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.19%, and the return on assets is 0.66%.

Yes. SOUTH SHORE BANK is FDIC-insured (Certificate #90303). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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