Vitals
  • Total Assets
    4.3B 28.5 %
  • Total Deposits
    3.5B 27.9 %
  • Total Net Loans
    3.9B 28.0 %
  • Net Income
    34.0M 40.0 %
  • Book Value
    467.8M 10.2 %
  • Book Value x2
    935.6M 10.2 %
  • Book Value x3
    1.4B 10.2 %
ROAA

.882

ROAE

7.638

Efficiency Ratio

56.159

Net Interest Margin

3.433

Balance Sheet Highlights
Financial Highlights East Boston Savings Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 4,348,628 761,274
Total Net Loans 3,902,848 592,852
Total Deposits 3,512,145 596,855
Total Equity 467,821 82,059
Profitability
Net Income 33,957 4,648
Return on Average Assets .882 .538
Return on Average Equity 7.638 4.944
Net Interest Margin 3.433 3.143
Efficiency Ratio 56.159 77.098
Noninterest Income/Revenue 6.303 14.538
Balance Sheet Ratios
Loan-to-Deposit 111.124 95.714
Securities/Assets .014 .124
Total Equity/Total Assets .108 .108
Tangible Equity/Tangible Assets .104 .106
Capital Adequacy
Tier 1 Common Capital 452,327 80,540
Tier 1 Capital 452,327 80,580
Tier 2 Capital 41,616 5,839
Total Capital 493,943 86,408
Total Risk Weighted Assets 4,213,234 559,688
Leverage Ratio 10.74 10.827
Common Equity Tier 1 Capital Ratio 10.74 15.478
Tier 1 Capital Ratio 10.74 15.53
Total Capital Ratio 11.72 16.563

Timeline for East Boston Savings Bank

Mt. Washington Co-Operative Bank

Acquisition: East Boston Savings Bank acquired a new subsidiary, Mt. Washington Co-Operative Bank, 15 years

View Profile Jan 05 2010

Meridian Interstate Bancorp, Inc

Meridian Interstate Bancorp, Inc became a new parent organization for East Boston Savings Bank.

View Profile Apr 30 2006

Prospect, Inc

Prospect, Inc became a new subsidiary organization for East Boston Savings Bank.

View Profile Feb 14 2000

Meridian Bancorp, Inc.

Meridian Bancorp, Inc. became a new parent organization for East Boston Savings Bank.

View Profile Sep 01 1991

East Boston Savings Bank

East Boston Savings Bank was established 177 years ago and is currently headquartered in Boston, MA.

Apr 14 1848
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Mt. Washington Co-Operative Bank Seller 496,194 Acquisition Discontinued 1/5/2010
Relationships Role Relationship Start Relationship End
Meridian Bancorp, Inc. Parent 7/27/2014
Meridian Interstate Bancorp, Inc Parent 4/30/2006 7/26/2014
Meridian Bancorp, Inc. Parent 9/1/1991 4/29/2006
Prospect, Inc Subsidary 6/30/2007
Prospect, Inc Subsidary 2/14/2000 6/29/2007
Similar Organizations
Organization City State Total Assets
William Penn Bank
 		Levittown PA 315.5M
Sewickley Savings Bank
 		Sewickley PA 311.5M
The Equitable Bank, S.S.B.
 		Wauwatosa WI 304.9M
The Arlington Bank
 		Upper Arlington OH 305.4M
Royal Savings Bank
 		Chicago IL 301.5M
Lincoln 1St Bank
 		Lincoln Park NJ 332.7M
Monson Savings Bank
 		Monson MA 338.4M
United Savings Bank
 		Philadelphia PA 339.9M
Rondout Savings Bank
 		Kingston NY 326.6M
The Pittsfield Co-Operative Bank
 		Pittsfield MA 288.6M