Call reports 2016
EASTERN BANK — 2016
What EASTERN BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 9,923,046,000 | 10,023,204,000 | 9,965,949,000 | 9,802,061,000 |
| Total loans | 7,204,474,000 | 7,441,007,000 | 7,611,419,000 | 7,708,085,000 |
| Allowance for loan losses | 65,478,000 | 68,361,000 | 70,274,000 | 70,188,000 |
| Securities available for sale | 958,949,000 | 968,349,000 | 905,887,000 | 1,207,596,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 73,149,000 | 97,955,000 | 105,671,000 | 51,663,000 |
| Total deposits | 8,447,605,000 | 8,525,919,000 | 8,453,734,000 | 8,208,881,000 |
| Interest-bearing deposits | 5,280,885,000 | 5,382,630,000 | 5,159,020,000 | 7,825,609,000 |
| Noninterest-bearing deposits | 3,166,720,000 | 3,143,289,000 | 3,294,714,000 | 383,272,000 |
| Equity capital | 1,218,798,000 | 1,235,930,000 | 1,251,802,000 | 1,247,976,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 74,658,000 | 148,962,000 | 224,251,000 | 301,326,000 |
| Interest expense | 1,311,000 | 2,603,000 | 3,821,000 | 5,620,000 |
| Net interest income | 73,347,000 | 146,359,000 | 220,430,000 | 295,706,000 |
| Noninterest income | 41,144,000 | 81,548,000 | 123,315,000 | 168,451,000 |
| Noninterest expense | 90,824,000 | 182,199,000 | 272,921,000 | 368,997,000 |
| Provision for loan losses | 350,000 | 4,250,000 | 5,250,000 | 7,900,000 |
| Pretax income | 23,316,000 | 41,577,000 | 65,720,000 | 87,521,000 |
| Income tax | 6,915,000 | 12,212,000 | 18,776,000 | 24,593,000 |
| Net income | 16,401,000 | 29,365,000 | 46,944,000 | 62,928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 900,581,000 | 912,693,000 | 929,829,000 | 946,460,000 |
| Total capital | 972,039,000 | 987,279,000 | 1,006,568,000 | 1,023,148,000 |
| Risk-weighted assets | 8,260,475,000 | 8,531,951,000 | 8,703,523,000 | 8,852,426,000 |