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ebc: the income statement
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Interest on federal funds
sold and other...
$3,295,000
Non-taxable interest and
dividends on securities
$2,194,000
Taxable interest and
dividends on securities
$33,336,000
Interest and fees on loans
$244,191,000
Total interest and
dividend income
$283,016,000
Other non-operating
income (loss)
$1,524,000
Miscellaneous income and fees
$4,637,000
Gains (losses) on
sales of mortgage...
$87,000
Income from
investments held in rabbi...
$3,839,000
Interest rate swap income
$885,000
Card income
$4,177,000
Service charges on
deposit accounts
$8,550,000
Investment advisory fees
$17,553,000
Net interest income
$200,248,000
Total interest
expense
$82,768,000
Total noninterest
income (loss)
$41,252,000
Net interest income
after provision for...
$193,148,000
Provision for allowance
for loan losses
$7,100,000
Interest on borrowings
$403,000
Interest on deposits
$82,365,000
Income tax (benefit)
expense
-$12,177,000
Income (loss) before
income tax (benefit)...
$93,967,000
Total noninterest
expense
$140,433,000
Net income (loss)
$106,144,000
Non-operating expenses
$3,218,000
Other operating
expenses
$4,717,000
Amortization of intangible
assets
$7,808,000
Fdic insurance
$3,509,000
Marketing expenses
$2,666,000
Professional services
$3,039,000
Technology and data
processing
$19,779,000
Occupancy and equipment
$11,729,000
Salaries and employee
benefits
$83,968,000
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Income Statement
source: myfinsight.com
Eastern Bankshares, Inc. (EBC)
Eastern Bankshares, Inc. (EBC)