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Interest and fees on loans
$1,009,336K
Taxable interest and
dividends on securities
$131,272K
Interest on federal funds
sold and other...
$15,568K
Non-taxable interest and
dividends on securities
$8,058K
Total interest and
dividend income
$1,164,234K
Net interest income
$828,585K
Total interest
expense
$335,649K
Net interest income
after provision for...
$802,385K
Provision for allowance
for loan losses
$26,200K
Interest on deposits
$332,404K
Interest on borrowings
$3,245K
Income (loss) before
income tax expense...
$99,506K
Total noninterest
expense
$596,943K
Total noninterest
(loss) income
-$105,936K
Investment advisory fees
$69,921K
Service charges on
deposit accounts
$35,035K
Miscellaneous income and fees
$23,038K
Card income
$18,260K
Income from
investments held in rabbi...
$9,963K
Interest rate swap income
$3,755K
Mortgage banking income
(loss)
$2,877K
Other non-operating
income (loss)
$853K
Net income (loss)
from continuing...
$88,219K
Income tax expense
(benefit)
$11,287K
Salaries and employee
benefits
$336,040K
Technology and data
processing
$78,619K
Occupancy and equipment
$45,553K
Non-operating expenses
$39,157K
Amortization of intangible
assets
$34,179K
Other operating
expenses
$24,486K
Fdic insurance
$14,642K
Professional services
$14,641K
Marketing expenses
$9,626K
Losses on sales of
securities available for...
-$269,638K
Net income
$88,219K
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Income Statement
source: myfinsight.com
Eastern Bankshares, Inc. (EBC)
Eastern Bankshares, Inc. (EBC)