Prime Rate as of 3/16/2020 = 3.25% (Wall Street Journal).
No application or closing costs
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Excellent service: We can assist you every step of the way.
Competitive rates and fees: No fancy branches = savings for you!
Credible: FDIC Insured Bank, A+ rating with the Better Business Bureau.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2022
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 33646
Date Established
1918
Assets
$ 3.30 billion
Loans
$ 2.10 billion
Deposits
$ 2.90 billion
Capital
N.A.
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 968.10 million
Interest-bearing balances
N.A.
Total securities
$ 220.90 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 2.10 billion
Loan loss allowance
N.A.
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 7.50 million
Total Assets
$ 3.30 billion
LIABILITIES
Total deposits
$ 2.90 billion
Interest-bearing deposits
N.A.
Deposits held in domestic offices
$ 2.90 billion
% insured (estimated)
97.25%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 406.32 millionn
Total Liabilities
$ 3.30 billion
Shareholders’ Equity
N.A.
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
N.A.
Total Interest Expense
N.A.
Net interest income
N.A.
Provision for loan and lease losses
N.A.
Total non interest income
N.A.
Total non interest expense
N.A.
Pre-tax Net Operating Income
N.A.
The Bank of East Asia Ltd. is an FDIC insured institution headquartered at
540 Madison Avenue, New York, NY 10022.
It was founded in
1918 and has approximately $3 billion in
assets. Customers can open an account at one of its 1 branches.
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