Personal  |  Business Banking  |  Commercial  |  Wealth Management
  About Eastern
Balance Sheet
Branches and ATM's
Charitable Foundation
Community Involvement
Press Releases


  Quick Links



Eastern Bank Corporation
Consolidated Balance Sheet


(In thousands)
Mar. 31,
2008
Mar. 31,
2007
Assets
Cash and due from banks
$    155,296
$   117,852
Short term investments
10,070
82,753
Trading securities
95,880
102,004
Securities available for sale
2,299,697
1,578,995
Loans held for sale 16,865 23,706
Loans, net of allowance for losses of $58,056 in 2008 and $59,350 in 2007
3,901,417
4,252,735
Accrued interest receivable
27,482
26,738
Federal Home Loan Bank stock, at cost 42,103 22,848
Banking premises and equipment, net
40,598
44,513
Bank owned life insurance
31,852
29,895
Goodwill and other intangibles, net
99,874
99,733
Other assets
165,382
144,524
Total Assets
$6,886,516
$6,526,296

Liabilities and Retained Earnings
Liabilities
Deposits:
    Demand
$  235,288
$  280,678
    Savings
328,121
389,291
    NOW 62,327 105,557
    Money market investment
2,870,717
2,592,025
    Time
776,807
889,146
    Time - $100,000 and over
429,464
568,674
Total Deposits
4,702,724
4,825,371
Borrowed funds
740,207
535,457
Federal Home Loan Bank advances
531,011
284,156
Escrow deposits of borrowers
6,604
6,757
Other liabilities
109,174
123,204
Total Liabilities
6,089,720
5,774,945
Commitments and contingencies
Retained earnings
822,909
766,228
Accumulated other comprehensive income,
net of tax
(26,113)
(14,877)
Total Retained Earnings
796,796
751,351
Total Liabilities and Retained Earnings
$6,886,516
$6,526,296





   Equal Housing Lender | Member FDIC