Eastern Bank
Boston, MA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Eastern Bank | All Insured Commercial Banks in Massachusetts |
Interest and Fees on Loans | 269,027 | 34,650 |
Income from Lease Financing Receivables | — | 0 |
5,096 | 299 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2,740 | 159 |
Income on Loans and Leases (TE) | 271,767 | 35,259 |
Investment Interest Income (TE) | 31,351 | 3,997 |
Total Interest Income (TE) | 307,434 | 39,846 |
Total Interest Expense | 5,620 | 4,360 |
Net Interest Income (TE) | 301,814 | 35,029 |
Non-Interest Income | 168,451 | 8,220 |
Adjusted Operating Income (TE) | 470,265 | 43,184 |
Non-interest Expense | 368,997 | 28,480 |
Provision for Loan & Lease Losses | 7,900 | 964 |
Pretax Operating Income (TE) | 93,368 | 13,638 |
Pretax Net Operating Income (TE) | 93,629 | 13,750 |
Applicable Income Taxes | 24,593 | 3,897 |
Net Operating Income | 62,928 | 8,937 |
Net Income | 62,928 | 8,869 |
Cash Dividends Declared | — | 3,144 |
Retained Earnings | 62,928 | 5,501 |