60 through december 31 , 2020 , the balance of loans that had received a covid-19 modification was $ 1.0 billion , of which approximately 48 % were for full payment deferrals ( both interest and principal ) and 52 % were for deferral of only principal payments , and included $ 616.6 million of commercial real estate loans , including construction loans , $ 132.9 million of commercial and industrial loans , $ 133.4 million of business banking loans , $ 102.8 million of residential real estate loans and $ 28.7 million of consumer loans , including home equity loans . most of these deferrals ended in the third or fourth quarter of the year ended december 31 , 2020 , and $ 703.1 million of these loans have resumed payments and were not 30 days or more past due at december 31 , 2020. the loans remaining in a modified status as of december 31 , 2020 compared to total modifications executed through september 30 , 2020 are presented by portfolio below . these modifications met the criteria of either section 4013 of the cares act or the interagency statement on loan modifications and reporting for financial institutions working with customers affected by the coronavirus ( revised ) and therefore are not deemed troubled debt restructurings ( `` tdrs `` ) . replace_table_token_7_th ( 1 ) remaining covid-19 modifications reflect only those loans which underwent a modification and have not yet resumed payment . we define a modified loan to have resumed payment if it is one month past the modification end date and not more than 30 days past due . 61 as of the date of this annual report on form 10-k , we are unable to reasonably estimate the aggregate amount of loans that will likely become delinquent after the respective deferral period . the following table shows certain data , as of december 31 , 2020 , related to loans to our borrowers in the industry categories that we believe will likely experience the most adverse effects of the covid-19 pandemic . loans included in the table that had been modified as of december 31 , 2020 represented approximately 3.4 % of our aggregate outstanding loan balances to all borrowers in those categories as of december 31 , 2020. replace_table_token_8_th ( 1 ) the percentage of loans in each category , calculated as a percentage of aggregate outstanding loan balances for each such category as of december 31 , 2020 , that we modified primarily due to the effects on borrowers of the covid-19 pandemic and related economic slowdown beginning in late march 2020 . ( 2 ) the retail segment includes all retail commercial real estate loans and non-essential commercial and industrial retail loans . as of december 31 , 2020 , we concluded the first round of originations of ppp loans under the cares act . we disbursed $ 1.2 billion of loans to approximately 8,900 borrowers under the ppp of the cares act during the year ended december 31 , 2020 , $ 1.0 billion of which was outstanding at december 31 , 2020. the vast majority of our ppp borrowers are existing commercial and small business borrowers , non-profit customers , retail banking customers and clients of eastern wealth management and eastern insurance group llc . we anticipate that the vast majority of our remaining ppp exposure will be forgiven in the year ending december 31 , 2021 . $ 28.8 million of our ppp exposure at december 31 , 2020 had a maturity of five years ; all of our other ppp loans outstanding at december 31 , 2020 have a maturity of two years . through december 31 , 2020 , we received approximately $ 37.1 million of ppp loan origination fees from the sba . we also deferred certain origination costs , totaling $ 4.6 million , related to ppp loans . our net ppp fee accretion ( fee accretion less cost amortization ) for the year ended december 31 , 2020 totaled $ 13.9 million . as of the date of this annual report on form 10-k , we have commenced ppp lending under the latest government stimulus package . the following table shows certain data related to our remaining ppp loans as of december 31 , 2020 : replace_table_token_9_th 62 our operating results . the covid-19 pandemic has had a significant impact on our operating results for the year ended december 31 , 2020 , and we believe it will continue to have a significant impact during the year ending december 31 , 2021. during march 2020 , the federal reserve took multiple steps to lower interest rates and reduced the target range for the federal funds rate to between 0.0 % and 0.25 % , compared to the previous target of between 1.00 % and 1.25 % . these interest rate reductions , combined with the decline in longer term rates , have lowered and will continue to lower our net interest income over time from the levels we experienced in the year ended december 31 , 2019. our loan loss provision for the year ended december 31 , 2020 was $ 38.8 million compared to $ 6.3 million for the year ended december 31 , 2019. we expect our loan loss provision to continue to be elevated until the economy has recovered from the covid-19 pandemic . the economic uncertainties caused by the covid-19 pandemic are significant , and the timing and pace of the economic recovery both locally and nationally will determine the severity and timing of our future loan losses . non-gaap financial measures we present certain non-gaap financial measures , which management uses to evaluate our performance , and which exclude the effects of certain transactions , non-cash items and gaap adjustments that we believe are unrelated to our core business and are therefore not necessarily indicative of our current performance or financial position . story_separator_special_tag as of december 31 , 2020 , 67.4 % of retail borrowers , based on loan balance , have a fico score of 740 or greater . the following table shows the balances by borrower 's current fico score as of december 31 , 2020 : replace_table_token_25_th ( 1 ) borrower fico scores are updated on a semi-annual basis , and the most recent update occurred in july 2020 . ( 2 ) insufficient data available to report . our philosophy toward managing our loan portfolios is predicated upon careful monitoring , which stresses early detection and response to delinquent and default situations . we seek to make arrangements to resolve any delinquent or default situation over the shortest possible time frame . reflecting in part the loan modifications that continued through december 31 , 2020 ( see “ outlook and trends—covid-19 pandemic—our borrowers ” within this section ) , the delinquency rate of our total loan portfolio remained constant at 0.49 % at both december 31 , 2020 and 2019. the following table provides details regarding our delinquency rates as of the dates indicated : loan delinquency rates replace_table_token_26_th ( 1 ) in the calculation of the delinquency rate as of december 31 , 2020 , the total amount of loans outstanding includes $ 1.0 billion of ppp loans . 73 the following table provides details regarding the age analysis of past due loans as of the dates indicated : age analysis of past due loans replace_table_token_27_th as a general rule , loans more than 90 days past due with respect to principal or interest are classified as non-accrual loans . however , based on our assessment of collateral and or payment prospects , certain loans that are more than 90 days past due may be kept on an accruing status . income accruals are suspended on all non-accrual loans and all previously accrued and uncollected interest is reversed against current income . a loan is expected to remain on non-accrual status until it becomes current with respect to principal and interest , the loan is liquidated , or the loan is determined to be uncollectible and is charged-off against the allowance for loan losses . non-performing assets ( “ npas ” ) are comprised of non-performing loans ( “ npls ” ) , other real estate owned ( “ oreo ” ) and non-performing securities . npls consist of non-accrual loans and loans that are more than 90 days past due but still accruing interest . oreo consists of real estate properties , which primarily serve as collateral to secure our loans , that we control due to foreclosure . these properties are recorded at the lower of cost or fair value less estimated costs to sell on the date we obtain control . 74 the following table sets forth information regarding npas held as of the dates indicated : non-performing assets replace_table_token_28_th npls decreased $ 0.5 million , or 1.2 % , to $ 43.3 million at december 31 , 2020 from $ 43.8 million at december 31 , 2019. npls as a percentage of total loans decreased to 0.45 % at december 31 , 2020 from 0.49 % at december 31 , 2019 as a result of an increase in npls in our business banking and residential real estate portfolios , offset by a decrease in our commercial and industrial portfolio due to a single , larger loan payoff and a reduction in the outstanding balance of a single , larger asset based lending ( “ abl ” ) credit , and an increase in loan balances due to ppp . non-accrual loans decreased $ 1.4 million , or 3.4 % , to $ 41.0 million at december 31 , 2020 from $ 42.5 million at december 31 , 2019 , primarily due to a $ 9.8 million decrease in commercial and industrial non-accruals and partially offset by an $ 8.9 million increase in business banking non-accruals . the total amount of interest recorded on npls was $ 1.0 million for the year ended december 31 , 2020. the gross interest income that would have been recorded under the original terms of those loans if they had been performing amounted to $ 3.4 million for the year ended december 31 , 2020. the total amount of interest recorded on npls was $ 1.0 million for the year ended december 31 , 2019. the gross interest income that would have been recorded under the original terms of those loans if they had been performing amounted to $ 3.1 million for the year ended december 31 , 2019. in the course of resolving npls , we may choose to restructure the contractual terms of certain loans . we attempt to work-out alternative payment schedules with the borrowers in order to avoid foreclosure actions . we review any loans that are modified to identify whether a tdr has occurred . tdrs involve situations in which , for economic or legal reasons related to the borrower 's financial difficulties , we grant a concession to the borrower that we would not otherwise consider . as noted previously , loan modifications made in response to the covid-19 pandemic met the criteria of either section 4013 of the cares act or the interagency statement on loan modifications and reporting for financial institutions working with customers affected by the coronavirus ( revised ) and therefore are not deemed tdrs . all tdr loans are considered impaired and therefore are subject to a specific review for impairment loss . the impairment analysis discounts the present value of the anticipated cash flows by the loan 's contractual rate of interest in effect prior to the loan 's modification or the fair value of collateral if the loan is collateral dependent . the amount of impairment loss , if any , is recorded as a specific reserve to each individual loan in the allowance for loan losses . commercial loans ( commercial and industrial , commercial

liquidity . liquidity describes our ability to meet the financial obligations that arise in the normal course of business . liquidity is primarily needed to meet deposit withdrawals and anticipated loan fundings , as well as current and planned expenditures . we seek to maintain sources of liquidity that are deep and diversified and that may be used during the normal course of business as well as on a contingency basis . the net proceeds from our ipo significantly increased our liquidity and capital resources at both eastern bankshares , inc. and eastern bank . over time , the initial level of liquidity will be reduced as net proceeds from the stock offering are used for general corporate purposes , including the funding of loans . our financial condition and results of operations will be enhanced by the net proceeds from the stock offering , resulting in increased net interest-earning assets and net interest and dividend income . however , due to the increase in equity resulting form the net proceeds raised in our ipo , our return on equity has been and will continue to be adversely affected until we can effectively employ the proceeds of the offering . our primary sources of funds are deposits , principal and interest payments on loans and securities , and proceeds from calls , maturities and sales of securities . while maturities and scheduled amortization of loans and securities are predictable sources of funds , deposit flows and loan prepayments are greatly influenced by general interest rates , economic conditions , and competition . our most liquid assets are cash and due from banks and securities classified as available for sale . in the future , our liquidity position will be affected by the level of customer deposits and payments , as well as acquisitions , dividends , and stock repurchases in which we may engage .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity . liquidity describes our ability to meet the financial obligations that arise in the normal course of business . liquidity is primarily needed to meet deposit withdrawals and anticipated loan fundings , as well as current and planned expenditures . we seek to maintain sources of liquidity that are deep and diversified and that may be used during the normal course of business as well as on a contingency basis . the net proceeds from our ipo significantly increased our liquidity and capital resources at both eastern bankshares , inc. and eastern bank . over time , the initial level of liquidity will be reduced as net proceeds from the stock offering are used for general corporate purposes , including the funding of loans . our financial condition and results of operations will be enhanced by the net proceeds from the stock offering , resulting in increased net interest-earning assets and net interest and dividend income . however , due to the increase in equity resulting form the net proceeds raised in our ipo , our return on equity has been and will continue to be adversely affected until we can effectively employ the proceeds of the offering . our primary sources of funds are deposits , principal and interest payments on loans and securities , and proceeds from calls , maturities and sales of securities . while maturities and scheduled amortization of loans and securities are predictable sources of funds , deposit flows and loan prepayments are greatly influenced by general interest rates , economic conditions , and competition . our most liquid assets are cash and due from banks and securities classified as available for sale . in the future , our liquidity position will be affected by the level of customer deposits and payments , as well as acquisitions , dividends , and stock repurchases in which we may engage .
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 Suspicious Activity Report : 60 through december 31 , 2020 , the balance of loans that had received a covid-19 modification was $ 1.0 billion , of which approximately 48 % were for full payment deferrals ( both interest and principal ) and 52 % were for deferral of only principal payments , and included $ 616.6 million of commercial real estate loans , including construction loans , $ 132.9 million of commercial and industrial loans , $ 133.4 million of business banking loans , $ 102.8 million of residential real estate loans and $ 28.7 million of consumer loans , including home equity loans . most of these deferrals ended in the third or fourth quarter of the year ended december 31 , 2020 , and $ 703.1 million of these loans have resumed payments and were not 30 days or more past due at december 31 , 2020. the loans remaining in a modified status as of december 31 , 2020 compared to total modifications executed through september 30 , 2020 are presented by portfolio below . these modifications met the criteria of either section 4013 of the cares act or the interagency statement on loan modifications and reporting for financial institutions working with customers affected by the coronavirus ( revised ) and therefore are not deemed troubled debt restructurings ( `` tdrs `` ) . replace_table_token_7_th ( 1 ) remaining covid-19 modifications reflect only those loans which underwent a modification and have not yet resumed payment . we define a modified loan to have resumed payment if it is one month past the modification end date and not more than 30 days past due . 61 as of the date of this annual report on form 10-k , we are unable to reasonably estimate the aggregate amount of loans that will likely become delinquent after the respective deferral period . the following table shows certain data , as of december 31 , 2020 , related to loans to our borrowers in the industry categories that we believe will likely experience the most adverse effects of the covid-19 pandemic . loans included in the table that had been modified as of december 31 , 2020 represented approximately 3.4 % of our aggregate outstanding loan balances to all borrowers in those categories as of december 31 , 2020. replace_table_token_8_th ( 1 ) the percentage of loans in each category , calculated as a percentage of aggregate outstanding loan balances for each such category as of december 31 , 2020 , that we modified primarily due to the effects on borrowers of the covid-19 pandemic and related economic slowdown beginning in late march 2020 . ( 2 ) the retail segment includes all retail commercial real estate loans and non-essential commercial and industrial retail loans . as of december 31 , 2020 , we concluded the first round of originations of ppp loans under the cares act . we disbursed $ 1.2 billion of loans to approximately 8,900 borrowers under the ppp of the cares act during the year ended december 31 , 2020 , $ 1.0 billion of which was outstanding at december 31 , 2020. the vast majority of our ppp borrowers are existing commercial and small business borrowers , non-profit customers , retail banking customers and clients of eastern wealth management and eastern insurance group llc . we anticipate that the vast majority of our remaining ppp exposure will be forgiven in the year ending december 31 , 2021 . $ 28.8 million of our ppp exposure at december 31 , 2020 had a maturity of five years ; all of our other ppp loans outstanding at december 31 , 2020 have a maturity of two years . through december 31 , 2020 , we received approximately $ 37.1 million of ppp loan origination fees from the sba . we also deferred certain origination costs , totaling $ 4.6 million , related to ppp loans . our net ppp fee accretion ( fee accretion less cost amortization ) for the year ended december 31 , 2020 totaled $ 13.9 million . as of the date of this annual report on form 10-k , we have commenced ppp lending under the latest government stimulus package . the following table shows certain data related to our remaining ppp loans as of december 31 , 2020 : replace_table_token_9_th 62 our operating results . the covid-19 pandemic has had a significant impact on our operating results for the year ended december 31 , 2020 , and we believe it will continue to have a significant impact during the year ending december 31 , 2021. during march 2020 , the federal reserve took multiple steps to lower interest rates and reduced the target range for the federal funds rate to between 0.0 % and 0.25 % , compared to the previous target of between 1.00 % and 1.25 % . these interest rate reductions , combined with the decline in longer term rates , have lowered and will continue to lower our net interest income over time from the levels we experienced in the year ended december 31 , 2019. our loan loss provision for the year ended december 31 , 2020 was $ 38.8 million compared to $ 6.3 million for the year ended december 31 , 2019. we expect our loan loss provision to continue to be elevated until the economy has recovered from the covid-19 pandemic . the economic uncertainties caused by the covid-19 pandemic are significant , and the timing and pace of the economic recovery both locally and nationally will determine the severity and timing of our future loan losses . non-gaap financial measures we present certain non-gaap financial measures , which management uses to evaluate our performance , and which exclude the effects of certain transactions , non-cash items and gaap adjustments that we believe are unrelated to our core business and are therefore not necessarily indicative of our current performance or financial position . story_separator_special_tag as of december 31 , 2020 , 67.4 % of retail borrowers , based on loan balance , have a fico score of 740 or greater . the following table shows the balances by borrower 's current fico score as of december 31 , 2020 : replace_table_token_25_th ( 1 ) borrower fico scores are updated on a semi-annual basis , and the most recent update occurred in july 2020 . ( 2 ) insufficient data available to report . our philosophy toward managing our loan portfolios is predicated upon careful monitoring , which stresses early detection and response to delinquent and default situations . we seek to make arrangements to resolve any delinquent or default situation over the shortest possible time frame . reflecting in part the loan modifications that continued through december 31 , 2020 ( see “ outlook and trends—covid-19 pandemic—our borrowers ” within this section ) , the delinquency rate of our total loan portfolio remained constant at 0.49 % at both december 31 , 2020 and 2019. the following table provides details regarding our delinquency rates as of the dates indicated : loan delinquency rates replace_table_token_26_th ( 1 ) in the calculation of the delinquency rate as of december 31 , 2020 , the total amount of loans outstanding includes $ 1.0 billion of ppp loans . 73 the following table provides details regarding the age analysis of past due loans as of the dates indicated : age analysis of past due loans replace_table_token_27_th as a general rule , loans more than 90 days past due with respect to principal or interest are classified as non-accrual loans . however , based on our assessment of collateral and or payment prospects , certain loans that are more than 90 days past due may be kept on an accruing status . income accruals are suspended on all non-accrual loans and all previously accrued and uncollected interest is reversed against current income . a loan is expected to remain on non-accrual status until it becomes current with respect to principal and interest , the loan is liquidated , or the loan is determined to be uncollectible and is charged-off against the allowance for loan losses . non-performing assets ( “ npas ” ) are comprised of non-performing loans ( “ npls ” ) , other real estate owned ( “ oreo ” ) and non-performing securities . npls consist of non-accrual loans and loans that are more than 90 days past due but still accruing interest . oreo consists of real estate properties , which primarily serve as collateral to secure our loans , that we control due to foreclosure . these properties are recorded at the lower of cost or fair value less estimated costs to sell on the date we obtain control . 74 the following table sets forth information regarding npas held as of the dates indicated : non-performing assets replace_table_token_28_th npls decreased $ 0.5 million , or 1.2 % , to $ 43.3 million at december 31 , 2020 from $ 43.8 million at december 31 , 2019. npls as a percentage of total loans decreased to 0.45 % at december 31 , 2020 from 0.49 % at december 31 , 2019 as a result of an increase in npls in our business banking and residential real estate portfolios , offset by a decrease in our commercial and industrial portfolio due to a single , larger loan payoff and a reduction in the outstanding balance of a single , larger asset based lending ( “ abl ” ) credit , and an increase in loan balances due to ppp . non-accrual loans decreased $ 1.4 million , or 3.4 % , to $ 41.0 million at december 31 , 2020 from $ 42.5 million at december 31 , 2019 , primarily due to a $ 9.8 million decrease in commercial and industrial non-accruals and partially offset by an $ 8.9 million increase in business banking non-accruals . the total amount of interest recorded on npls was $ 1.0 million for the year ended december 31 , 2020. the gross interest income that would have been recorded under the original terms of those loans if they had been performing amounted to $ 3.4 million for the year ended december 31 , 2020. the total amount of interest recorded on npls was $ 1.0 million for the year ended december 31 , 2019. the gross interest income that would have been recorded under the original terms of those loans if they had been performing amounted to $ 3.1 million for the year ended december 31 , 2019. in the course of resolving npls , we may choose to restructure the contractual terms of certain loans . we attempt to work-out alternative payment schedules with the borrowers in order to avoid foreclosure actions . we review any loans that are modified to identify whether a tdr has occurred . tdrs involve situations in which , for economic or legal reasons related to the borrower 's financial difficulties , we grant a concession to the borrower that we would not otherwise consider . as noted previously , loan modifications made in response to the covid-19 pandemic met the criteria of either section 4013 of the cares act or the interagency statement on loan modifications and reporting for financial institutions working with customers affected by the coronavirus ( revised ) and therefore are not deemed tdrs . all tdr loans are considered impaired and therefore are subject to a specific review for impairment loss . the impairment analysis discounts the present value of the anticipated cash flows by the loan 's contractual rate of interest in effect prior to the loan 's modification or the fair value of collateral if the loan is collateral dependent . the amount of impairment loss , if any , is recorded as a specific reserve to each individual loan in the allowance for loan losses . commercial loans ( commercial and industrial , commercial

