Meridian bancorp, inc. (EBSB)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13
ASSETS
Cash and due from banks

457

406

428

361

344

371

313

329

316

402

300

234

327

236

182

101

154

96

98

176

273

205

388

367

156

86

Certificates of deposit

0

0

0

5

5

5

20

23

44

69

75

85

80

80

30

35

92

99

95

95

85

85

-

-

-

-

Securities available for sale, at fair value

13

15

15

16

16

17

17

18

19

38

44

52

59

67

145

131

132

141

151

175

199

203

168

182

191

201

Marketable equity securities, at fair value

13

15

14

14

14

13

16

15

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank stock, at cost

33

28

28

27

26

29

31

29

27

24

22

22

18

18

17

17

13

10

12

12

12

12

12

12

11

11

Loans held for sale

3

2

1

2

0

0

0

1

1

3

3

2

1

3

2

2

1

4

2

5

5

0

1

5

1

2

Loans, net of deferred fees and costs

5,690

5,747

5,748

5,819

5,762

5,646

5,275

5,164

4,947

4,667

4,547

4,299

4,062

3,938

3,700

3,544

3,242

3,078

2,924

2,744

2,679

2,677

2,508

2,395

2,343

2,290

Less: allowance for loan losses

50

50

50

53

53

53

49

49

47

45

45

43

41

40

38

38

34

33

32

30

28

28

26

26

25

25

Loans, net

5,639

5,697

5,697

5,765

5,708

5,593

5,225

5,114

4,900

4,622

4,501

4,255

4,020

3,898

3,661

3,506

3,207

3,045

2,891

2,714

2,651

2,648

2,481

2,369

2,318

2,265

Bank-owned life insurance

41

41

41

41

41

40

41

40

40

40

40

41

41

40

40

40

39

39

39

39

38

38

38

38

37

37

Foreclosed real estate, net

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

0

0

-

0

1

1

1

1

2

0

1

Premises and equipment, net

67

65

65

66

62

45

42

41

41

40

40

40

41

41

40

40

40

40

39

38

38

38

38

38

39

39

Accrued interest receivable

13

14

14

15

14

14

13

12

12

12

11

11

10

10

9

9

8

8

8

8

7

7

7

7

7

7

Deferred tax asset, net

16

16

18

18

18

18

15

15

15

15

21

21

21

21

19

20

20

21

19

17

16

15

14

12

13

13

Goodwill

20

20

20

20

20

20

19

19

19

19

13

13

13

13

13

13

13

13

13

13

13

13

13

13

13

13

Core deposit intangible

2

2

2

2

2

2

2

2

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

26

17

14

11

5

6

13

11

4

5

9

5

3

3

8

8

3

3

3

4

3

6

2

4

3

2

Total assets

6,348

6,343

6,363

6,368

6,281

6,178

5,775

5,677

5,460

5,299

5,086

4,787

4,638

4,436

4,173

3,929

3,729

3,524

3,375

3,302

3,347

3,278

3,168

3,055

2,795

2,682

LIABILITIES AND STOCKHOLDERS' EQUITY
Deposits:
Non interest-bearing

572

524

514

505

499

483

490

486

487

477

455

457

439

431

410

373

388

370

352

351

306

285

288

484

265

255

Interest-bearing

4,249

4,397

4,440

4,512

4,523

4,400

3,920

3,903

3,702

3,630

3,489

3,202

3,217

3,044

2,818

2,624

2,522

2,372

2,278

2,199

2,287

2,217

2,114

2,080

2,052

1,992

Total deposits

4,821

4,921

4,955

5,018

5,023

4,884

4,411

4,389

4,189

4,107

3,945

3,659

3,656

3,475

3,229

2,998

2,911

2,743

2,630

2,551

2,594

2,503

2,403

2,564

2,317

2,248

Short-term borrowings

25

0

0

0

0

50

40

-

-

0

-

40

-

-

0

0

0

20

-

-

-

0

-

-

-

-

Long-term debt

720

636

636

600

525

536

610

591

582

513

471

434

334

322

319

320

211

147

140

140

144

171

172

211

202

161

Accrued expenses and other liabilities

61

59

58

54

45

32

34

31

33

31

29

26

31

30

26

23

23

26

22

21

25

24

21

18

20

22

Total liabilities

5,628

5,617

5,651

5,672

5,594

5,504

5,096

5,012

4,805

4,653

4,446

4,160

4,022

3,828

3,576

3,342

3,146

2,936

2,792

2,713

2,764

2,700

2,597

2,793

2,540

2,432

Commitments and contingencies (Notes 4 and 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

Stockholders' equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized; none issued

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

Common stock, $0.01 par value, 100,000,000 shares authorized; 52,402,395 and 53,377,506 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

Additional paid-in capital

360

377

375

375

378

378

392

392

395

395

393

392

391

390

390

389

391

403

406

412

411

410

411

100

99

99

Retained earnings

374

365

352

336

325

313

304

289

278

268

262

250

241

234

224

216

212

206

200

196

191

184

178

172

167

162

Accumulated other comprehensive income (loss)

0

-0

0

-0

-0

-0

-0

-0

-0

0

2

1

2

1

1

0

-1

-2

-3

0

1

2

3

5

4

4

Treasury stock, at cost, 1,906,865 shares at December 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

9

Unearned compensation - ESOP, 2,283,068 and 2,313,509 shares at March 31, 2020 and December 31, 2019, respectively

16

16

16

17

17

17

17

18

18

18

18

18

19

19

19

19

20

20

20

20

20

21

21

5

5

5

Unearned compensation - restricted shares, 189,559 and 138,838 shares at September 30, 2015 and December 31, 2014, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

1

1

Total stockholders' equity

719

726

711

695

686

674

679

664

655

646

640

626

616

607

597

586

582

588

583

588

583

577

571

261

254

249

Total liabilities and stockholders' equity

6,348

6,343

6,363

6,368

6,281

6,178

5,775

5,677

5,460

5,299

5,086

4,787

4,638

4,436

4,173

3,929

3,729

3,524

3,375

3,302

3,347

3,278

3,168

3,055

2,795

2,682