# EAST BOSTON SAVINGS BANK
BOSTON, MA · FDIC certificate 33510 · asset band $1-10B · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $6.13B | |
| Deposits | $4.73B | |
| Loans and leases | $4.91B | |
| Total equity | $762.8M | |
| Loans / deposits | 102.59% (p95 of band) | 74.28% |
| Liquid assets / assets | 17.33% (p12 of band) | |
| Uninsured deposits / deposits | 23.13% (p24 of band) | 32.26% |
| Brokered deposits | 2.04% | |
| Wholesale funding | 11.19% (p87 of band) | |
| FHLB advances / assets | 9.15% | |
| Tier 1 leverage | 11.90% (p86 of band) | 9.58% |
| Unrealized securities loss / equity | 0.06% (p42 of band) | 0.34% |
| AOCI / equity | -0.02% (p88 of band) | |
| ROA (annualized) | 1.26% (p53 of band) | 1.23% |
| Net interest margin | 3.13% (p42 of band) | 3.24% |
| Efficiency ratio | 50.93% (p23 of band) | |
| Noncurrent loans | 0.14% (p21 of band) | 0.38% |
| Net charge-offs (annualized) | 0.08% (p87 of band) | |
| Reserve coverage of noncurrent | 875.65% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 94.66% (p91 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | -4.8% | |
| Employees | 427 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | capital falling |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 2 | construction >100% equity | capital falling |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | construction >100% equity |
| 2013-12 | 2 | loans exceed deposits |  |
| 2014-03 | 1 |  | loans exceed deposits |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | loans exceed deposits |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 3 | liquid assets <10% |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 | capital falling | reserve under noncurrent |
| 2016-03 | 3 |  |  |
| 2016-06 | 5 | wholesale funding >15%, construction >100% equity |  |
| 2016-09 | 6 | brokered >10% |  |
| 2016-12 | 6 |  |  |
| 2017-03 | 6 |  |  |
| 2017-06 | 6 |  |  |
| 2017-09 | 6 |  |  |
| 2017-12 | 6 |  |  |
| 2018-03 | 6 |  |  |
| 2018-06 | 5 |  | brokered >10% |
| 2018-09 | 4 |  | capital falling |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 5 | brokered >10% |  |
| 2019-09 | 3 |  | construction >100% equity, brokered >10% |
| 2019-12 | 4 | construction >100% equity |  |
| 2020-03 | 4 |  |  |
| 2020-06 | 4 |  |  |
| 2020-09 | 2 |  | liquid assets <10%, construction >100% equity |
| 2020-12 | 3 | construction >100% equity |  |
| 2021-03 | 1 |  | wholesale funding >15%, construction >100% equity |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | assets shrinking |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-04-23 [Rockland Trust buys East Boston Savings Bank in $1B deal - wbjournal.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxOd0FRZFNKcnEtUV9wOEtqdTM1dmJMeHkwUFdjWGZwdUNtZU1wX1k4UldFUmtTaW1MeVMtSmZneDJzU3FDeUFFOWt6Ri1hekhQcHh1cWtjdkZjVE1ETTZFbkQzd1c0Y3haWGxPcnlmNW1ZS0RZZmJmRXZodHhNS2MzUzV1MVpLOWkxYU5xQnlaUQ?oc=5) · wbjournal.com
- 2024-12-09 [Massachusetts banks to combine in $562M deal - Banking Dive](https://news.google.com/rss/articles/CBMipAFBVV95cUxPMGRTcy1aYXZiVTltelItUGM3cTgtZk5jcDlXZC1QVUpPbEY0M0xvUnJ3U2p4LW1TS0FybldKekktS1RBLVRxYk9Kbk9QVjNaaDljNjdUWEhWM3pMdkc0eVQ1a3J4T3c5R21aUk5nS1BvczQtSi05Q2JIYk1fQjhub1ZuU0pCU1BLZXhTbUhtMzUwbVVPQWowYXJheUZRMzlsWjQtUA?oc=5) · Banking Dive
- 2021-04-22 [Rockland Trust to acquire East Boston Savings in $1.15B deal - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxPNm1wbXF3YXNqX0Y4c1BuVFVHWEIwYkRYZDl1bFB5NU9mWk9PWXJIWV96YlpmTndHSW8waGxGRWdkR2Nuak55UEswQ05FczFpOE5pN0hhY2NuYW9NaHdNZVJWRGhITGVIUmdlY2daY2lLVEl3TldUVGJzQ2NBMzItZzdXTXZNbXBkazlDZlByd1JkWGVDMm9nTzFGTTFvZ0xr?oc=5) · The Business Journals
- 2018-06-05 [Starkweather & Shepley joins forces with East Boston Savings Bank - Providence Business News](https://news.google.com/rss/articles/CBMihwFBVV95cUxOZW4zcVZfZVVUZHJNeFdPY1VYRHdObkJGanl6Q3hvNEJNWVdVOFdUUlRzWUpWTUUyRk82dmVuMHN6eFRYaVAzMGVTYzAtNzZPUFowM0FPc2RnWFpSb0NTVTRYdWxqMF8yUlV0WS1BNHJJbGdmZldLVUU4WFRFdncwRVJQb0l4TknSAY8BQVVfeXFMTXpqNlVjWFJSdVhjOFpIYXhOSlZlUXNma1JiUE5aUUZxQnBPdDNaRFRyVVlZaXppbFlacUEtam5wMmNhZlpjZWwzckdTYVBjLW1pT1A2QmoweXFrc2RHeEx2RVhYNkY1OE1YdzBXNEozQVhqakR6U1JzYWlKMzZVY0RpUU4tZlBXdUFkaW1URWc?oc=5) · Providence Business News
- 2021-11-12 [Independent Bank Corp. and Rockland Trust Complete Meridian Bancorp, Inc. and East Boston Savings Bank Acquisition - Business Wire](https://news.google.com/rss/articles/CBMi_wFBVV95cUxNQk84dml0MUpHQkwxMktiTVB1ZEV1bGJGY2l5VFpmdlAwQ3lDTlBvS3VPNkRqOGx5SU5jNXFvaWQxd2pFU0N2bkFpUWhUUE5SeWIyOWViOGFIN3FzY2pwUXI3ZE8wQXFJNl9Mc1VRMjhRdFpJWmk1aHJyM2NuMU5VeGtiRGR2RmUwMEJXOVdhQ2ZTQlNOT3R6dV9OQ19MR253czl5U3VUc1RJS2k4MWNfcUNDc0tyaG9iOXE1a2ZuaUJKQlZFRzlJMFRaS2pvYzAxQmJtY0NBaXVYQTFzdG9ORUVsdkFkQ2otbjI5VjBQWERaX2dsbXJaOF9fMDdKTm8?oc=5) · Business Wire
- 2017-11-24 [Police Searching For Man Who Robbed Bank In Everett - Patch](https://news.google.com/rss/articles/CBMikgFBVV95cUxOM1FKWll4TUJ1WHVwdDJGSkNfMlpNbVdvcmVPS1VhVkVpZUdIS3ItM3RZeXFUb3lLdGRNUndWVktQYUZ0TXZ0NFRZclVGUXE1OEdOLUZGajBOYWFXdGpTOXpvdml2ZGNYYm12ZGtrUE9td3l3d3BkVTEycDdnb3BJWnFXR3lFWEkzQkFyMU9RYzY1UQ?oc=5) · Patch
- 2017-11-29 [Revere Bank Robbery Suspect Arrested in Boston After Police Chase - NBC Boston](https://news.google.com/rss/articles/CBMihgFBVV95cUxONkNwU2lKMFR6dEItZTdlSklyT1ZIM2pNczREV2NRZHdRNzI0dkRUNTBaRFZBWG9CZjhuWXRFYW5xV1NUSjZLQXNFeEhGaHlQVjNOTldLczlYOGprSjNwRFRkQmJXa3N3aFBrczlJbDU4M0VkUDR5bVpvRW9FLWtWbms4YWxiQdIBjgFBVV95cUxOVXpxNWNnZTRfV3Rqdmh2UldsTExWaHFPaGRRdDg4SmJVSm1vSVZLckU3Rk9Ccm84ZzdmNndhM2pwblAta05uMXBhc0tJMkUzenhyQzBnN3M0d1RhUHRUdHpwRkdlSHdyMzA2cUJTRWx2bE5ua25yUjBLM3RKb0xGd3J6alZzSDh1TEc1NVpB?oc=5) · NBC Boston
- 2017-02-02 [Robber accused of targeting six banks in Massachusetts, New Hampshire, arrested by police - WCVB](https://news.google.com/rss/articles/CBMimwFBVV95cUxNaVk5R1FvcmVRc0lpRUtVQ2E1TUpfTzN5ME82bEtIaVJCOGRHSjUzMENnaEFTOGt2QkVGQk9xSnVac05wUVVkcFBxWWFqc05UMXQtZGoyQlZucGJNTkctOXZZWkFwY1JuZGdrZVNGSkQ4dzJRWkVPTkFBWGgwR1FOWmtPNE5YSE1fbDlPdS1Kc0c0UkdHbnpTMS1qOA?oc=5) · WCVB

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=33510 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/38.json (key "33510", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide