Eastern Bankshares, Inc.EBC
| Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 |
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| Net income | 23 | 155 | 200 | 232 |
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| Net (loss) income from continuing operations | - | - | - | -63 |
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| Provision for (release of) allowance for loan losses | - | - | 18 | 20 |
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| Depreciation and amortization | 16 | 14 | 15 | 12 |
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| Change In Unamortized Net Loan Costs And Premiums | -15 | -28 | -1 | 6 |
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| Deferred income tax (benefit) expense | -20 | -5 | 6 | -18 |
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| Amortization of Debt Discount (Premium) | 6 | 17 | 18 | 6 |
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| Right-of-use asset amortization | - | - | 13 | 11 |
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| Share-based compensation | 2 | 9 | 11 | 16 |
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| Increase in cash surrender value of bank-owned life insurance | 2 | 2 | 4 | 4 |
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| Loss (gain) on life insurance benefits | - | - | -1 | - |
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| Loss (gain) on sales of securities available for sale, net | - | 1 | -3 | -333 |
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| (Gain) loss on sales of bank premises and equipment, net | -0 | -5 | 1 | - |
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| Loss on lease termination/modification, net | - | -2 | -1 | -0 |
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| Amortization of Deferred Hedge Gains | -16 | -31 | -10 | -0 |
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| Employee Stock Ownership Plan expense | - | - | 10 | 7 |
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| Loss on sales of commercial loans | - | - | - | -3 |
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| Other | - | -1 | 0 | 0 |
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| Proceeds from sale of commercial loan transferred to held for sale | - | - | - | 22 |
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| Other | - | -1 | 0 | 0 |
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| Net income from discontinued operations | - | - | - | 295 |
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| Trading securities | -1 | - | - | - |
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| Loans held for sale | 1 | 0 | 3 | -3 |
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| Loans held for sale | 1 | 0 | 3 | -3 |
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| Prepaid pension expense | 24 | -1 | -4 | -4 |
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| Prepaid pension expense | 24 | -1 | -4 | -4 |
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| Other assets | 90 | -62 | -1 | 14 |
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| Other assets | 90 | -62 | -1 | 14 |
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| Other liabilities | 49 | -23 | -50 | 39 |
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| Other liabilities | 49 | -23 | -50 | 39 |
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| Net income | 23 | 155 | 200 | 232 |
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| Net cash provided by operating activities | 70 | 174 | 230 | 262 |
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| Provision for (release of) allowance for loan losses | - | - | 18 | 20 |
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| Depreciation and amortization | 16 | 14 | 15 | 12 |
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| Change In Unamortized Net Loan Costs And Premiums | -15 | -28 | -1 | 6 |
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| Deferred income tax (benefit) expense | -20 | -5 | 6 | -18 |
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| Amortization of Debt Discount (Premium) | 6 | 17 | 18 | 6 |
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| Right-of-use asset amortization | - | - | 13 | 11 |
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| Share-based compensation | 2 | 9 | 11 | 16 |
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| Increase in cash surrender value of bank-owned life insurance | 2 | 2 | 4 | 4 |
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| Loss (gain) on life insurance benefits | - | - | -1 | - |
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| Loss (gain) on sales of securities available for sale, net | - | 1 | -3 | -333 |
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| (Gain) loss on sales of bank premises and equipment, net | -0 | -5 | 1 | - |
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| Loss on lease termination/modification, net | - | -2 | -1 | -0 |
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| Amortization of Deferred Hedge Gains | -16 | -31 | -10 | -0 |
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| Employee Stock Ownership Plan expense | - | - | 10 | 7 |
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| Loss on sales of commercial loans | - | - | - | -3 |
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| Other | - | -1 | 0 | 0 |
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| Proceeds from sale of commercial loan transferred to held for sale | - | - | - | 22 |
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| Other | - | -1 | 0 | 0 |
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| Trading securities | -1 | - | - | - |
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| Loans held for sale | 1 | 0 | 3 | -3 |
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| Loans held for sale | 1 | 0 | 3 | -3 |
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| Prepaid pension expense | 24 | -1 | -4 | -4 |
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| Prepaid pension expense | 24 | -1 | -4 | -4 |
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| Other assets | 90 | -62 | -1 | 14 |
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| Other assets | 90 | -62 | -1 | 14 |
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| Other liabilities | 49 | -23 | -50 | 39 |
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| Other liabilities | 49 | -23 | -50 | 39 |
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| Net cash provided by operating activities - continuing operations | - | - | - | 385 |
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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 |
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| Proceeds from sales of securities available for sale | 9 | 24 | 431 | 1,900 |
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| Proceeds from maturities and principal paydowns of securities available for sale | 452 | 940 | 1,050 | 424 |
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| Purchases of securities available for sale | 2,112 | 3,324 | 741 | - |
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| Proceeds from maturities and principal paydowns of securities held to maturity | - | - | 17 | 27 |
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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 |
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| Purchases of Federal Home Loan Bank stock | 1 | 2 | 94 | 251 |
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| Contributions to low income housing tax credit investments | -12 | -11 | -19 | -37 |
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| Contributions to other equity investments | 4 | 3 | 1 | 1 |
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| Proceeds from Sale of Other Investments | 0 | 0 | 1 | 0 |
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| Proceeds from Life Insurance Policy | 1 | - | 20 | - |
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| Net (increase) decrease in outstanding loans, excluding loan purchases and sales | - | -381 | 926 | 587 |
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| Purchases of loans | - | - | 380 | 32 |
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| Proceeds from Sale of Finance Receivables | - | - | - | 189 |
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| Acquisitions, net of cash and cash equivalents acquired | 1 | 13 | 13 | - |
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| Purchases of loans | - | - | 380 | 32 |
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| Purchased banking premises and equipment | 5 | 6 | 9 | 8 |
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| Acquisitions, net of cash and cash equivalents acquired | 1 | 13 | 13 | - |
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| Proceeds from sale of bank premises and equipment | - | 22 | 17 | - |
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| Purchased banking premises and equipment | 5 | 6 | 9 | 8 |
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| Proceeds from sale of bank premises and equipment | - | 22 | 17 | - |
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| Net cash provided by (used in) investing activities | -2,390 | -1,986 | -1,077 | 2,400 |
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| Net cash provided by (used in) investing activities - continuing operations | - | - | - | 1,912 |
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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 |
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| Increase (Decrease) in Demand Deposits | 2,675 | 1,156 | -1,752 | -2,463 |
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| Increase (Decrease) in Time Deposits | -70 | -58 | 1,098 | 1,085 |
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| Net (decrease) increase in borrowed funds | -207 | 3 | 707 | -693 |
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| Repayment of acquired subordinated debentures | - | 36 | - | - |
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| Contingent consideration paid | 0 | 0 | 1 | - |
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| Payments for repurchases of common stock | - | 23 | 202 | - |
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| Proceeds from Issuance of Common Stock | 1,793 | - | - | - |
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| Dividends declared and paid to common shareholders | - | 52 | 66 | 67 |
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| Purchase of shares by the ESOP | 149 | - | - | - |
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| Net cash (used in) provided by financing activities - continuing operations | - | - | - | -2,137 |
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| Payment of deferred offering costs | 29 | - | - | - |
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| Net cash used in financing activities - discontinued operations | - | - | - | -1 |
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| Payments for repurchases of common stock | - | 23 | 202 | - |
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| Net cash (used in) provided by financing activities | 4,012 | 989 | -216 | -2,138 |
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| Dividends declared and paid to common shareholders | - | 52 | 66 | 67 |
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| Net cash (used in) provided by financing activities | 4,012 | 989 | -216 | -2,138 |
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| Net increase (decrease) in cash, cash equivalents, and restricted cash | 1,691 | -822 | -1,062 | 524 |
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| Interest paid on deposits and borrowings | 14 | 5 | 35 | 232 |
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| Income taxes | 35 | 43 | 42 | 66 |
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| Net increase in capital commitments relating to low income housing tax credit projects | 26 | 28 | 55 | 102 |
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| Net Decrease In Operating Lease Right-Of-Use Assets And Operating Lease Liabilities Relating To Lease Remeasurements | - | - | 15 | - |
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| Maturity of acquired securities sold under agreements to repurchase | - | 275 | - | - |
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| Maturity of acquired securities sold under agreements to repurchase | - | 275 | - | - |
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| Net decrease in operating lease right of use assets and operating lease liabilities relating to lease remeasurements | - | - | - | 4 |
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| Initial recognition of operating lease right-of-use assets upon adoption of ASU 2016-02 | 93 | - | - | - |
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| Initial recognition of operating lease liabilities upon adoption of ASU 2016-02 | 96 | - | - | - |
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