Florence Bank
Florence, MA · Owner: Florence Bcorp MHC
$2.0B
total assets, June 30, 2026
$2.0B
total assets, June 30, 2026
Florence Bank is a state savings bank based in Florence, MA, owned by Florence Bcorp MHC. As of June 30, 2026 it held $2.0 billion in assets and $1.8 billion in deposits; assets were up 3.8% from a year before. It has 13 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$2.0B
+3.8% in a year · -0.2% in a quarter
Deposits
$1.8B
+6.0% in a year · +0.4% in a quarter
Loans
$1.3B
+6.6% in a year · +1.9% in a quarter
Profit so far
$7.3M
Jan 1 to Jun 30, 2026 · +15.8% in a year
Capital ratio
12.23%
+0.24 pts in a year
Return on assets
0.72%
+0.08 pts in a year
Facts
- Type
- State savings bank
- Head office
- 85 Main St, Florence, MA, 01062
- County
- Hampshire
- Holding company
- Florence Bcorp MHC
- Established
- Feb 14, 1873
- Employees
- 217
- Branches
- 13
- Website
- www.florencebank.com
- Id
- b23293
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
13 offices as of June 30, 2026, holding $1.8 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Massachusetts | 13 | $1.8B | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Florence Bank (main office) | Florence, MA | $525M |
| Hadley Branch | Hadley, MA | $208M |
| King Street Branch | Northampton, MA | $192M |
| Easthampton Branch | Easthampton, MA | $180M |
| Northampton Branch | Northampton, MA | $147M |
| College Street Branch | Amherst, MA | $141M |
| Williamsburg Branch | Williamsburg, MA | $138M |
| Belchertown Branch | Belchertown, MA | $70.4M |
| West Springfield Branch | West Springfield, MA | $61.7M |
| Granby Branch | Granby, MA | $57.1M |
Related pages
Questions and answers
How big is Florence Bank?
$2.0 billion in total assets and $1.8 billion in deposits as of June 30, 2026, with assets up 3.8% from a year before. Its loans were $1.3 billion.
How many branches does Florence Bank have?
13 branches in Massachusetts as of June 30, 2026.
Is Florence Bank profitable?
Yes: it earned $7.26 million from January 1 to June 30, 2026 (up 15.8% from the same months a year before). Its return on assets was 0.72% a year; about 1% is typical.
Who owns Florence Bank?
Florence Bank is owned by Florence Bcorp MHC, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.