In 2005 Eastern Savings Bank celebrated the 100th anniversary of its founding with yet another very successful year. With total assets of $851 million at year-end, the Bank ranks among the top performing financial institutions in the nation. Net income was $59.6 million, return on average assets was 7.95 percent, stockholders’ equity totaled $125.1 million, and total capital was 19.15 percent of risk-weighted assets. Eastern Savings Bank’s capital ratios continue to exceed the Office of Thrift Supervision’s highest requirements to be classified as a “well-capitalized” financial institution.
No two customers are alike, and no two loans are alike. Because we understand that there is no such thing as a “perfect borrower,” we treat each customer individually. Instead of cookie-cutter lending, we have created our own unique lending philosophy that allows us to truly custom-design each loan to fit the needs of the particular borrower. Because of our vision, thousands of people across the country have benefited from our creativity and flexibility in designing residential, commercial, and construction loans. Our mission is to help people attain their dreams no matter what challenging situations, opportunities, or goals present themselves.
10060 Baltimore National Pike, Suite G110
Ellicott City, MD 21042
