Eastern Bank

Massachusetts – Suffolk – Boston

(SB) Savings banks, state charter

active

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Details

(SB) Savings banks, state charter

active

32773

1989

FDIC Certificate Number: 32773
FDIC's unique number: 45683
The FDIC Field Office where an institution is physically located: North Boston

Federal Reserve ID Number: 128904
Report Date: 2011-06-30

Bank Charter Class: SB

Number of Domestic Offices: 95
Number of Foreign Offices: 0
The date of the last data update: 2011-03-30

1989-10-19 Institution established. Original name: Eastern Bank.
1989-10-19 Acquired Eastern Savings Bank in Lynn, Massachusetts.
1992-04-24 Acquired Shore Bank And Trust Company in Lynn, Massachusetts.
1992-05-15 Acquired Malden Trust Company in Malden, Massachusetts.
1993-10-12 Acquired First Colonial Bank For Savings in Lynn, Massachusetts.
1994-11-11 Acquired Saugus Bank And Trust Company in Saugus, Massachusetts.
1998-02-28 Acquired The Hibernia Savings Bank in Quincy, Massachusetts.
2002-11-22 Acquired Eastern Bank And Trust Company in Salem, Massachusetts.
2003-03-31 Moved bank headquarters from Lynn, Massachusetts to Boston, Massachusetts.
2005-05-28 Acquired Plymouth Savings Bank in Wareham, Massachusetts.
2007-05-12 Acquired Sharon Co-operative Bank in Sharon, Massachusetts.
2008-10-10 Acquired Massbank in Reading, Massachusetts.
2011-03-18 Acquired Wainwright Bank & Trust Company in Boston, Massachusetts.

Total assets: $7,627,816,000
Total deposits: $6,186,454,000
Deposits held in domestic offices: $6,186,454,000
Equity capital: $935,249,000

Net income: $37,410,000

Return on Assets: 0.98
Return on Equity: 8.27
Last updated on: 2011-10-20

Bank Holding Company: Eastern Bank Corporation

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Profile ID: LFUS-BAB-P-11337

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