TellerScore

Florence Bank (FDIC certificate #23293) is based in Florence, Massachusetts. Its Q2 2026 call report shows $2.0B in total assets and $1.8B in deposits and 14 offices.

Florence Bank has a TellerScore of 74 out of 100 (strong) based on Q2 2026 data — higher than 74% of its 897 banks with $1 billion – $10 billion. Among 92 banks headquartered in Massachusetts, it ranks 13th. Problem-loan coverage contributes the most (95/100, 2.6%); earnings contributes the least (49/100, 0.72%).

TellerScore · Q2 2026

Scorecard

Capital cushion72/100
Tier 1 leverage ratio: 12.23%
Loan quality85/100
Noncurrent loans ÷ total loans: 0.46%
Earnings49/100
Return on assets (annualized): 0.72%
Funding & liquidity79/100
Loans ÷ deposits and uninsured-deposit share: 71.0% · 24.6% uninsured
Problem-loan coverage95/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 2.60%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

The score has been essentially flat from Q2 2025 to Q2 2026 (75 → 74).

TellerScore
707375Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202470
Q3 202470
Q4 202471
Q1 202573
Q2 202575
Q3 202575
Q4 202575
Q1 202673
Q2 202674
Tier 1 leverage ratio
5.00%8.62%12.23%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.51%
Q3 202410.54%
Q4 202411.14%
Q1 202511.69%
Q2 202512.00%
Q3 202512.14%
Q4 202512.10%
Q1 202612.22%
Q2 202612.23%
Noncurrent loans
0.21%0.35%0.49%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.23%
Q3 20240.26%
Q4 20240.30%
Q1 20250.31%
Q2 20250.21%
Q3 20250.26%
Q4 20250.21%
Q1 20260.49%
Q2 20260.46%
Return on assets
0.53%0.63%0.72%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.56%
Q3 20240.57%
Q4 20240.53%
Q1 20250.54%
Q2 20250.64%
Q3 20250.66%
Q4 20250.62%
Q1 20260.66%
Q2 20260.72%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202674$2.0B12.23%0.46%0.72%71.0%
Q1 202673$2.0B12.22%0.49%0.66%70.0%
Q4 202575$2.0B12.10%0.21%0.62%70.3%
Q3 202575$2.0B12.14%0.26%0.66%71.7%
Q2 202575$1.9B12.00%0.21%0.64%70.6%
Q1 202573$2.0B11.69%0.31%0.54%69.2%
Q4 202471$2.0B11.14%0.30%0.53%69.8%
Q3 202470$2.1B10.54%0.26%0.57%70.5%
Q2 202470$2.1B10.51%0.23%0.56%70.1%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio12.23%
79th
Total risk-based capital0.00%
13th
Problem loans0.46%
55th
Net charge-offs0.01%
68th
Return on assets0.72%
16th
Net interest margin2.85%
11th
Efficiency ratio68.3%
24th
Loans to deposits71.0%
83rd
Uninsured deposits24.6%
71st
Loan-loss reserves0.66%
9th
Texas ratio2.6%
63rd

Similar-size banks in Massachusetts

InstitutionScoreAssetsCapitalProblem loansCompare
TruNorth BankBank Easthampton, MA48 out of 100, Below average$2.0B9.8%1.67%vs
The Village BankBank Newton, MA58 out of 100, Moderate$2.1B9.5%0.23%vs
The Lowell Five Cent Savings BankBank Tewksbury, MA65 out of 100, Moderate$1.9B12.7%1.03%vs
Fall River Five Cents Savings BankBank Fall River, MA52 out of 100, Below average$1.9B8.7%0.73%vs
North Easton Savings BankBank South Easton, MA59 out of 100, Moderate$1.8B11.2%1.64%vs
Country Bank for SavingsBank Ware, MA71 out of 100, Strong$2.2B14.8%1.14%vs

Deposit insurance

Is my money safe at Florence Bank?

Yes. Florence Bank is an FDIC-insured institution (FDIC certificate #23293). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 24.6% of deposits ($438.4M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 12.23%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

14 locations

Branches

Florence Bank lists 13 offices in 12 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Florence Bank reported 700 home-loan applications under HMDA (LEI 549300JXIQJRQ1HME757): 502 originated ($129,090,000 total), 79 denied, and 103 withdrawn or closed by the applicant. Its denial rate on decided applications was 13.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Florence Bank
Former names
Florence Savings Bank
Type
SI
FDIC certificate #
23293
RSSD ID
279105
Primary regulator
FDIC
Holding company
Florence Bcorp Mhc
Established
February 14, 1873
Headquarters
85 Main St, Florence, MA 01062
Employees
217

Quick answers

Florence Bank: common questions

Is Florence Bank FDIC insured?

Yes. Florence Bank is an FDIC-insured institution (FDIC certificate #23293). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Florence Bank's TellerScore?

74 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Florence Bank ever failed?

There is no failure record for FDIC certificate #23293 in the FDIC failed bank list.

How many branches does Florence Bank have?

14 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Florence

InstitutionScoreAssetsCapitalProblem loansCompare
Greater Springfield Credit UnionCredit union Springfield, MA94 out of 100, Very strong$230.3M19.7%0.45%vs
MassMutual Private Wealth & Trust, FSBBank Springfield, MA93 out of 100, Very strong$93.7M32.2%0.00%vs
Liberty BankBank Middletown, CT79 out of 100, Strong$9.4B13.4%0.32%vs
Polish National Credit UnionCredit union Chicopee, MA76 out of 100, Strong$776.9M13.6%0.17%vs
Greenfield Co-operative BankBank Greenfield, MA71 out of 100, Strong$901.8M12.5%0.72%vs
North Brookfield Savings BankBank North Brookfield, MA71 out of 100, Strong$448.7M10.9%0.29%vs