Century Bancorp INC: insider trades · United States · SEC (Form 4)

About Century Bancorp INC

Century Bancorp Inc. was a U.S. financial institution with a classic regional banking profile, focused on community banking and commercial banking services. The company was a Massachusetts state-chartered bank holding company, founded in 1972 and headquartered in Medford, Massachusetts, United States. Its core operating subsidiary was Century Bank and Trust Company, which was formed in 1969. SEC filings describe the group as a long-established New England bank with a strong local franchise, built around deposits, lending, and relationship-based banking for households, professionals, and businesses in its core markets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/812348/000119312520072607/d827661d10k.htm?utm_source=openai)) From an operating perspective, Century Bancorp competed in the highly competitive U.S. regional banking segment. That market is typically shaped by local and super-regional banks, credit unions, and larger national institutions that often have greater scale in technology, marketing, and product distribution. Century Bancorp’s competitive position historically depended on customer proximity, local decision-making, personalized service, and a broad but practical product set rather than national scale. Its key offerings generally included deposit accounts, commercial and real estate lending, consumer banking, treasury management, and other transaction-oriented services aimed at building sticky customer relationships. ([sec.gov](https://www.sec.gov/Archives/edgar/data/812348/000119312520072607/d827661d10k.htm?utm_source=openai)) Geographically, the business was concentrated in Massachusetts, which is consistent with a community-banking model centered on a defined local footprint rather than nationwide expansion. That regional concentration can be attractive to investors seeking a more defensive banking profile, but it also means the company’s performance is tied closely to the economic conditions, deposit competition, and lending dynamics of its core market. The company was tied to the U.S. public markets and associated with the NASDAQ/SEC reporting ecosystem, including the insider-ownership disclosure framework that underpins Form 4 filings. ([sec.gov](https://www.sec.gov/Archives/edgar/data/812348/000119312520072607/d827661d10k.htm?utm_source=openai)) A major recent development is that Century Bancorp was acquired by Eastern Bankshares, with SEC materials indicating the transaction closed in 2021. As a result, Century Bancorp is primarily relevant today as a historical listed banking franchise and as an issuer reflected in older SEC filings, rather than as an independently traded banking company. For investors reviewing insider transactions, that distinction matters: Form 4 activity and annual report disclosures help reconstruct the company’s historic operating model, but the business itself no longer exists in the same standalone public-company form. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1810546/000162828025008583/ebc-20241231.htm?utm_source=openai))