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Balance Sheet Cash Flow Statement 55 Main St. Hingham, MA 02043 MA Tel. 781-749-2200 Fax 781-749-7835 |
Type: Public
On the web:
http://www.hinghamsavings.com
Employees:
53
The Hingham Institution for Savings is a haven for wayward cash. The company has a handful of branches in Boston's south shore communities, operating in Boston, Cohasset, Hingham, Hull, Scituate, and South Weymouth, Massachusetts. Founded in 1834, the bank offers a wide variety of checking and savings products for individuals and businesses. Commercial mortgages make up about half of the bank's loan portfolio; residential mortgages represent about 40%. Hingham Institution for Savings also provides construction, business, and personal loans.
Key numbers for fiscal year ending December, 2008:
Sales: $23.0M
One year growth: 29.6%
Net income: $6.3M
Income growth: 40.0%
Officers:
President, CEO, and Director: Robert H. Gaughen Jr.
SVP and Treasurer: Regional Banks & Thrifts
Competitors:
Bank of America
Citizens Financial Group
Eastern Bank
