Eastern Bankshares, Inc.EBC
| Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
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| Net income (loss) from continuing operations | - | - | - | -63 | 120 |
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| Net income from discontinued operations | - | - | - | 295 | - |
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| Net income | 23 | 155 | 200 | 232 | 120 |
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| Provision for allowance for loan losses | - | - | 18 | 20 | 67 |
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| Depreciation and amortization | 16 | 14 | 15 | 12 | 27 |
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| Change In Unamortized Net Loan Costs And Premiums | -15 | -28 | -1 | 6 | -14 |
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| Deferred income tax expense (benefit) | -20 | -5 | 6 | -18 | 36 |
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| Amortization of Debt Discount (Premium) | 6 | 17 | 18 | 6 | 5 |
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| Right-of-use asset amortization | - | - | 13 | 11 | 11 |
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| Share-based compensation | 2 | 9 | 11 | 16 | 19 |
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| Increase in cash surrender value of bank-owned life insurance | 2 | 2 | 4 | 4 | 4 |
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| Loss on life insurance benefits | - | - | -1 | - | - |
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| Loss on sales of securities available for sale, net | - | 1 | -3 | -333 | -17 |
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| Net loss (gain) on bank premises and equipment | - | - | - | - | -3 |
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| Net loss on lease right-of-use assets | - | -2 | -1 | -0 | -5 |
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| Amortization of Deferred Hedge Gains | -16 | -31 | -10 | -0 | - |
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| Employee Stock Ownership Plan expense | - | - | 10 | 7 | 7 |
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| Realized loss on sales of commercial loans | - | - | - | -3 | - |
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| Proceeds from sale of commercial loan transferred to held for sale | - | - | - | 22 | - |
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| Gain on sale of other equity investment | - | - | - | - | 9 |
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| Other | - | -1 | 0 | 0 | -0 |
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| Loans held for sale | 1 | 0 | 3 | -3 | -1 |
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| Prepaid pension (benefit) expense | 24 | -1 | -4 | -4 | 0 |
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| Other assets | 90 | -62 | -1 | 14 | 62 |
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| Other liabilities | 49 | -23 | -50 | 39 | 55 |
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| Net cash provided by operating activities - continuing operations | - | - | - | 385 | 284 |
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| Cash Provided by (Used in) Operating Activities, Discontinued Operations | - | - | - | -124 | - |
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| Net cash provided by operating activities | 70 | 174 | 230 | 262 | 284 |
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| Proceeds from sales of securities available for sale | 9 | 24 | 431 | 1,900 | 1,071 |
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| Proceeds from maturities and principal paydowns of securities available for sale | 452 | 940 | 1,050 | 424 | 373 |
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| Purchases of securities available for sale | 2,112 | 3,324 | 741 | - | 200 |
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| Proceeds from maturities and principal paydowns of securities held to maturity | - | - | 17 | 27 | 29 |
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| Purchases of securities held to maturity | - | - | 494 | - | - |
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| Proceeds from sale of Federal Home Loan Bank stock | 1 | 7 | 64 | 286 | 31 |
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| Purchases of Federal Home Loan Bank stock | 1 | 2 | 94 | 251 | 4 |
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| Contributions to low income housing tax credit investments | -12 | -11 | -19 | -37 | -69 |
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| Contributions to other equity investments | 4 | 3 | 1 | 1 | 1 |
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| Distributions from other equity investments | - | - | - | - | 0 |
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| Proceeds from Sale of Other Investments | 0 | 0 | 1 | 0 | 10 |
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| Proceeds from Life Insurance Policy | 1 | - | 20 | - | - |
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| Cash Acquired from Acquisition | - | - | - | - | 25 |
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| Net increase in outstanding loans, excluding loan purchases and sales | - | -381 | 926 | 587 | 209 |
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| Proceeds from Sale of Finance Receivables | - | - | - | 189 | - |
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| Purchases of loans | - | - | 380 | 32 | - |
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| Purchased banking premises and equipment | 5 | 6 | 9 | 8 | 14 |
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| Proceeds from sale of bank premises and equipment | - | 22 | 17 | - | 15 |
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| Net cash provided by (used in) investing activities - continuing operations | - | - | - | 1,912 | 1,059 |
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| Cash Provided by (Used in) Investing Activities, Discontinued Operations | - | - | - | 489 | - |
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| Net cash provided by (used in) investing activities | -2,390 | -1,986 | -1,077 | 2,400 | 1,059 |
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| Increase (Decrease) in Demand Deposits | 2,675 | 1,156 | -1,752 | -2,463 | -387 |
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| Net increase in time deposits | -70 | -58 | 1,098 | 1,085 | 209 |
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| Net (decrease) increase in borrowed funds | -207 | 3 | 707 | -693 | -740 |
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| Payments for repurchases of common stock | - | 23 | 202 | - | 28 |
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| Stock issuance costs | 29 | - | - | - | 1 |
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| Dividends declared and paid to common shareholders | - | 52 | 66 | 67 | 83 |
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| Net cash used in financing activities - continuing operations | - | - | - | -2,137 | -1,029 |
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| Net cash used in financing activities - discontinued operations | - | - | - | -1 | - |
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| Net cash used in financing activities | 4,012 | 989 | -216 | -2,138 | -1,029 |
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| Net increase (decrease) in cash, cash equivalents, and restricted cash | 1,691 | -822 | -1,062 | 524 | 314 |
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| Interest paid on deposits and borrowings | 14 | 5 | 35 | 232 | 316 |
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| Income taxes | 35 | 43 | 42 | 66 | 19 |
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| Net increase in capital commitments relating to low income housing tax credit projects | 26 | 28 | 55 | 102 | 9 |
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| Net increase (decrease) in operating lease right of use assets and operating lease liabilities relating to lease remeasurements | - | - | - | 4 | 5 |
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