Call reports 2020
EASTERN BANK — 2020
What EASTERN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 12,341,265,000 | 13,991,983,000 | 15,453,689,000 | 15,952,528,000 |
| Total loans | 9,083,599,000 | 9,982,599,000 | 9,916,163,000 | 9,708,154,000 |
| Allowance for loan losses | 109,138,000 | 116,636,000 | 115,432,000 | 113,031,000 |
| Securities available for sale | 1,549,926,000 | 1,600,354,000 | 2,207,671,000 | 3,183,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 652,000 | 0 | 0 | 0 |
| Total deposits | 10,328,739,000 | 11,861,601,000 | 13,348,964,000 | 12,910,803,000 |
| Interest-bearing deposits | 9,953,995,000 | 11,405,555,000 | 11,428,965,000 | 11,656,410,000 |
| Noninterest-bearing deposits | 374,744,000 | 456,046,000 | 1,919,999,000 | 1,254,393,000 |
| Equity capital | 1,656,800,000 | 1,687,932,000 | 1,707,566,000 | 2,674,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 106,921,000 | 209,047,000 | 310,589,000 | 416,016,000 |
| Interest expense | 6,014,000 | 9,191,000 | 10,963,000 | 12,078,000 |
| Net interest income | 100,907,000 | 199,856,000 | 299,626,000 | 403,938,000 |
| Noninterest income | 30,137,000 | 80,084,000 | 128,080,000 | 179,455,000 |
| Noninterest expense | 92,553,000 | 195,637,000 | 305,993,000 | 416,056,000 |
| Provision for loan losses | 28,600,000 | 37,200,000 | 37,900,000 | 38,800,000 |
| Pretax income | 10,013,000 | 47,388,000 | 84,098,000 | 128,825,000 |
| Income tax | 1,374,000 | 8,663,000 | 16,310,000 | 27,096,000 |
| Net income | 8,639,000 | 38,725,000 | 67,788,000 | 101,729,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,277,015,000 | 1,309,223,000 | 1,338,462,000 | 2,259,904,000 |
| Total capital | 1,395,199,000 | 1,434,998,000 | 1,463,229,000 | 2,382,270,000 |
| Risk-weighted assets | 10,319,082,000 | 10,280,279,000 | 10,395,255,000 | 10,560,441,000 |