Call reports 2023
EASTERN BANK — 2023
What EASTERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 22,702,386,000 | 21,564,231,000 | 21,126,710,000 | 21,118,604,000 |
| Total loans | 13,664,761,000 | 13,949,541,000 | 13,923,892,000 | 13,949,514,000 |
| Allowance for loan losses | 140,938,000 | 147,955,000 | 155,146,000 | 148,993,000 |
| Securities available for sale | 4,700,134,000 | 4,520,293,000 | 4,261,518,000 | 4,407,521,000 |
| Securities held to maturity | 471,185,000 | 465,061,000 | 455,900,000 | 449,721,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,678,441,000 | 18,302,604,000 | 17,537,383,000 | 17,735,519,000 |
| Interest-bearing deposits | 18,015,452,000 | 17,643,249,000 | 12,272,406,000 | 12,456,201,000 |
| Noninterest-bearing deposits | 662,989,000 | 659,355,000 | 5,264,977,000 | 5,279,318,000 |
| Equity capital | 2,448,570,000 | 2,407,068,000 | 2,341,201,000 | 2,842,099,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 189,735,000 | 391,904,000 | 594,388,000 | 798,275,000 |
| Interest expense | 50,573,000 | 110,756,000 | 175,721,000 | 246,066,000 |
| Net interest income | 139,162,000 | 281,148,000 | 418,667,000 | 552,209,000 |
| Noninterest income | 56,132,000 | 111,618,000 | 71,457,000 | 100,880,000 |
| Noninterest expense | 116,691,000 | 237,127,000 | 293,133,000 | 416,400,000 |
| Provision for loan losses | 25,000 | 7,526,000 | 14,854,000 | 20,052,000 |
| Pretax income | -255,243,000 | -187,852,000 | -152,806,000 | -117,485,000 |
| Income tax | -62,144,000 | -44,368,000 | -64,184,000 | -61,536,000 |
| Net income | -193,099,000 | -143,484,000 | -80,750,000 | 238,917,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,416,958,000 | 2,467,796,000 | 2,531,741,000 | 2,892,277,000 |
| Total capital | 2,571,180,000 | 2,630,878,000 | 2,701,017,000 | 3,055,119,000 |
| Risk-weighted assets | 16,079,059,000 | 16,453,557,000 | 16,436,258,000 | 16,271,727,000 |