Call reports 2024
EASTERN BANK — 2024
What EASTERN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 21,161,254,000 | 21,028,164,000 | 25,493,211,000 | 25,551,908,000 |
| Total loans | 14,058,026,000 | 14,111,253,000 | 17,757,903,000 | 17,778,753,000 |
| Allowance for loan losses | 149,190,000 | 156,146,000 | 253,821,000 | 228,952,000 |
| Securities available for sale | 4,287,585,000 | 4,097,842,000 | 4,163,352,000 | 4,021,598,000 |
| Securities held to maturity | 443,833,000 | 436,712,000 | 427,458,000 | 420,715,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,813,391,000 | 17,684,482,000 | 21,362,712,000 | 21,505,363,000 |
| Interest-bearing deposits | 12,739,225,000 | 12,749,242,000 | 15,390,731,000 | 15,327,625,000 |
| Noninterest-bearing deposits | 5,074,166,000 | 4,935,240,000 | 5,971,981,000 | 6,177,738,000 |
| Equity capital | 2,815,703,000 | 2,823,989,000 | 3,477,802,000 | 3,418,356,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 202,793,000 | 410,506,000 | 676,971,000 | 948,095,000 |
| Interest expense | 72,716,000 | 151,449,000 | 247,623,000 | 339,200,000 |
| Net interest income | 130,077,000 | 259,057,000 | 429,348,000 | 608,895,000 |
| Noninterest income | 30,028,000 | 64,085,000 | 99,776,000 | 137,297,000 |
| Noninterest expense | 103,855,000 | 213,696,000 | 368,626,000 | 506,705,000 |
| Provision for loan losses | 7,451,000 | 13,577,000 | 60,560,000 | 67,380,000 |
| Pretax income | 50,843,000 | 90,884,000 | 92,548,000 | 156,380,000 |
| Income tax | 10,717,000 | 23,056,000 | 26,171,000 | 35,232,000 |
| Net income | 40,126,000 | 67,828,000 | 66,377,000 | 121,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,912,907,000 | 2,921,113,000 | 2,924,434,000 | 2,960,039,000 |
| Total capital | 3,073,859,000 | 3,088,491,000 | 3,137,781,000 | 3,170,931,000 |
| Risk-weighted assets | 16,449,085,000 | 16,425,056,000 | 20,085,927,000 | 20,041,302,000 |