8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report: July 14, 2004

Century Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Massachusetts (State or other jurisdiction of incorporation)	(Commission File No.) 0-15752	04-2498617 (IRS Employer Identification No.)
400 Mystic Avenue Medford, MA (Address of principal executive offices)		02155 (Zip Code)

(781) 391-4000
(Registrant’s telephone number,
including area code)

TABLE OF CONTENTS

	Item 5. Other Events and Regulation FD Disclosure.
	Item 7. Financial Statements and Exhibits
SIGNATURES
EX-99.1 NEWS RELEASE DATED JULY 13, 2004

Item 5. Other Events and Regulation FD Disclosure.

The following information is furnished pursuant to this Item 5.

On July 13, 2004, Century Bancorp, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference, announcing that its Board of Directors has approved a stock repurchase program.

Item 7. Financial Statements and Exhibits

(a)	Not Applicable
(b)	Not Applicable
(c)	Exhibits
99.1	Century Bancorp, Inc. press release dated July 13, 2004.

SIGNATURES

     Pursuant to the requirement of the Securities and Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CENTURY BANCORP, INC.
 

/s/ Paul V. Cusick, Jr.  

Paul V. Cusick, Jr. 

Vice President and Treasurer 

Dated:   July 14, 2004

1

EX-99.1

     Exhibit 99.1

     

NEWS RELEASE

     FOR IMMEDIATE RELEASE

     Contact:     Paul V. Cusick, Jr.

     Phone:     781-393-4601

     Fax:     781-393-4071

CENTURY BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM

Medford, MA, July 13, 2004—Century Bancorp Inc. (NASDAQ:CNBKA) (www.century-bank.com), the parent company of Century Bank and Trust Company, announced today that its Board of Directors has approved a stock repurchase program. Under the program, the Company is authorized to repurchase up to 300,000 or less than 9% of Century Bancorp Class A Common Stock outstanding.

The stock buy back is authorized to take place from time-to-time, subject to prevailing market conditions. The purchases will be made on the open market and will be funded from available cash. As of today, there are 3.4 million shares of Century Bancorp Class A Common Stock outstanding.

Century Bancorp Inc., and its subsidiary bank, Century Bank and Trust Company, a state chartered full service commercial bank, operating twenty-one full-service branches in the Greater Boston area, offers a full range of Business, Personal, Cash Management, Municipal and Investment products.

Century Bank is a member of the FDIC and is an Equal Housing Lender.