Investors Bank in Short Hills, New Jersey (NJ), NY
Overview, Financial Summary, Detailed Financial Reports, Branches


Investors Bank - Overview

  • General
  • FDIC Certificate #: 28892
    Status: Active
    Federal Reserve ID: 35570
    Bank Holding Company (Regulatory Top Holder): Investors Bancorp, Mhc (RSSDID: 2477754, Location: Short Hills, NJ)
    Date Established: January 01, 1926
    WWW: http://www.myinvestorsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 86 (Domestic: 81, Interstate: Yes)
    OTS Docket #: 2573
    FDIC's unique #: 41726
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 19, 1942
    Last Structure Change Effective Date: January 07, 2012
    Last Structure Change Process Date: Febuary 27, 2012
    Last Data Update: Febuary 27, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Jfk Parkway, Short Hills, NJ 7078
    County: Essex
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Jamesburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Newark, NJ (#5640)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: Newark-Union, NJ-PA (#35084)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $10,674.9 mil
    Equity capital: $882.6 mil
    Deposits held in domestic offices: $7,419.7 mil
    Return on assets (ROA): 0.78% ($83.3 mil)
    Quarterly return on assets: 0.79% ($84.3 mil)
    Return on Equity (ROE): 9.22% ($81.4 mil)
    Quarterly return on equity: 9.58% ($84.6 mil)
    Net income: $78.6 mil
    Quarterly Net income: $21.0 mil
    Pretax return on assets: 1.23% ($131,301.2 mil)
    Quarterly Pretax return on assets: 1.27% ($135,571.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 959Total employees (full-time equivalent)
  • $10,674,891Total assets
  • $71,254Cash and due from depository institutions
  • $11,947Interest-bearing balances
  • $1,269,422Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $8,811,327Net loans & leases
  • $117,242Loan loss allowance
  • $0Trading account assets
  • $60,555Bank premises and fixed assets
  • $3,081Other real estate owned
  • $39,224Goodwill and other intangibles
  • $10,674,891Life insurance assets
  • $420,028All other assets
  • $9,792,337Total liabilities and capital
  • $7,419,671Total liabilities
  • $6,896,289Total deposits
  • $7,419,671Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 250000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,041,142Trading liabilities
  • $0Other borrowed funds
  • $81,524Subordinated debt
  • $882,554All other liabilities
  • $882,554Total equity capital
  • $882,554Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $350,598Surplus
  • $531,456Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $18,847Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $142,208Income earned, not collected on loans
  • $3,155Earning assets
  • $39,826Long-term assets (5+ years)
  • $10,092,696Average Assets, year-to-date
  • $6,307,951Average Assets, quarterly
  • $10,146,241Volatile liabilities
  • $10,585,951Insider loans
  • $7,340,992FHLB advances
  • $10,416,270Loans and leases held for sale
  • $112,990Unused loan commitments
  • $109,261Tier 1 (core) risk-based capital
  • $855,538Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,729Total unused commitments
  • $733,496Restructured Loans and leases
  • $2,408Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $475,153Total interest income
  • $145,687Total interest expense
  • $329,466Net interest income
  • $75,500Provision for loan and lease losses
  • $25,701Total noninterest income
  • $0Fiduciary activities
  • $5,733Service charges on deposit accounts
  • $0Trading account gains & fees
  • $19,968Additional noninterest income
  • $154,546Total noninterest expense
  • $85,842Salaries and employee benefits
  • $25,494Premises and equipment expense
  • $43,210Additional noninterest expense
  • $125,121Pre-tax net operating income
  • -$349Securities gains (losses)
  • $46,132Applicable income taxes
  • $78,640Income before extraordinary items
  • $0Extraordinary gains - net
  • $78,640Net income attributable to bank
  • $0Net charge-offs
  • $78,640Cash dividends
  • $49,189Sale, conversion, retirement of capital stock, net
  • $30,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 1.52%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 1.61%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 9.22%Return on equity (ROE)
  • 5.70%Retained earnings to average equity (YTD only)
  • 0.58%Net charge-offs to loans
  • 153.49%Credit loss provision to net charge-offs
  • 4.08%Efficiency ratio
  • 43,090Assets per employee
  • 11.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.15%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 82.44%Noncurrent assets plus other real estate owned to assets
  • 1.36%Noncurrent loans to loans
  • 1.59%Net loans and leases to deposits
  • 118.76%Net loans and leases to core deposits
  • 122.94%Equity capital to assets
  • 8.27%Core capital (leverage) ratio
  • 8.21%Tier 1 risk-based capital ratio
  • 11.65%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $10,146,241Average earning assets
  • $853,169Average equity
  • $9,611,355Average loans

List of branches

  • 78 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041726Investors Bank101 Jfk Parkway, Short Hills, NJ 7078January 01, 1926Full Service Brick and Mortar
    127143127 Prospect Street Branch27 Prospect Street, East Orange, NJ 7017January 01, 1926Full Service Brick and Mortar
    32714331128 Liberty Avenue Branch1128 Liberty Avenue, Hillside, NJ 7205January 01, 1926Full Service Brick and Mortar
    4271434977 Stuyvesant Avenue Branch977 Stuyvesant Avenue, Union, NJ 7083January 01, 1926Full Service Brick and Mortar
    5271435Watchung Avenue Branch120-130 Watchung Avenue, Plainfield, NJ 7061January 01, 1926Full Service Brick and Mortar
    7271437Highway 71 At Warren Avenue Branch910 Ushwy 71, Spring Lake, NJ 7762January 01, 1926Full Service Brick and Mortar
    8271438Highway 36 And Valley Drive BranchHighway 36 And Valley Drive, Navesink, NJ 7752January 01, 1926Full Service Brick and Mortar
    9271439Highway 9 And Adelphia Road BranchHighway 9 And Adelphia Road, Freehold, NJ 7728January 01, 1926Full Service Brick and Mortar
    100419821331 Springfield Avenue Branch1331 Springfield Avenue, Irvington, NJ 7111January 01, 1925Full Service Brick and Mortar
    1012714401065 Stuyvesant Avenue Branch1065 Stuyvesant Avenue, Irvington, NJ 7111January 01, 1926Full Service Brick and Mortar
    102271441173 Mountain Avenue Branch173 Mountain Avenue, Springfield, NJ 7081January 01, 1926Full Service Brick and Mortar
    10343938East Jersey Branch88 Norwood Avenue, Deal, NJ 7723January 01, 1869Full Service Brick and Mortar
    104283509Highway 34 Branch360 Sthwy 34 South, Colts Neck, NJ 7722January 01, 1869Full Service Brick and Mortar
    105283510169 Broadway Branch169 Broadway, Long Branch, NJ 7740January 01, 1869Full Service Brick and Mortar
    107278529Springfield Branch193 Morris Avenue, Springfield, NJ 7081September 28, 1939Full Service Brick and Mortar
    108278534Union Branch2441-A Route 22 West, Union, NJ 7083September 28, 1939Full Service Brick and Mortar
    109278567Westfield Avenue Branch56 Westfield Avenue, Clark, NJ 7066September 28, 1939Full Service Brick and Mortar
    110278520Livingston Plaza Branch493 South Livingston Avenue, Livingston, NJ 7039September 28, 1939Full Service Brick and Mortar
    111278532Susan B. Anthony Branch371 East Northfield Road, Livingston, NJ 7039September 28, 1939Full Service Brick and Mortar
    112271442Clark Branch77 Central Avenue, Clark, NJ 7066March 20, 1995Full Service Brick and Mortar
    113271443Toms River Branch874 Fischer Boulevard, Bay Plaza Shopping Center, Toms River, NJ 8753September 20, 1995Full Service Brick and Mortar
    114271444Chatham Branch169 Main Street, Chatham, NJ 7928January 16, 1996Full Service Brick and Mortar
    115271445Madison Branch16 Waverly Place, Madison, NJ 7940November 18, 1996Full Service Brick and Mortar
    116271446Succasunna Branch275-33 Route 10 East, Succasunna, NJ 7876March 23, 1998Full Service Brick and Mortar
    117271447Edison Branch1655 Oak Tree Road, Edison, NJ 8820March 23, 1998Full Service Brick and Mortar
    118271448Scotch Plains437 Park Avenue, Scotch Plains, NJ 7076September 01, 1997Full Service Brick and Mortar
    119271449Whiting Branch77 Lacey Road, Whiting, NJ 8759November 02, 1998Full Service Brick and Mortar
    120271450Toms River - West Branch864 Route 37 West, Toms River, NJ 8755December 28, 1998Full Service Brick and Mortar
    121271451New Providence Branch1260 Springfield Avenue, New Providence, NJ 7974November 16, 1998Full Service Brick and Mortar
    122357458Piscataway Branch597 Stelton Road, Piscataway, NJ 8854August 24, 1999Full Service Brick and Mortar
    123357459Stirling Branch1153 Valley Road, Stirling, NJ 7980Febuary 07, 2000Full Service Brick and Mortar
    124359639Whitehouse Branch3563 Route 22 East, Whitehouse, NJ 8888Febuary 10, 2001Full Service Brick and Mortar
    125359640Lakewood Branch425 Route 70, Lakewood, NJ 8701Febuary 10, 2001Full Service Brick and Mortar
    126360966Somerset Branch225 Demott Lane, Somerset, NJ 8873June 11, 2001Full Service Brick and Mortar
    127362575300 South Avenue Branch300 South Avenue, Garwood, NJ 7027November 26, 2001Full Service Brick and Mortar
    128362576Wall Branch2426 Route 34 North, Manasquan, NJ 8736November 26, 2001Full Service Brick and Mortar
    129363640Middletown Branch1421 Route 35 North & Harmony Road, Middletown, NJ 7748May 13, 2002Full Service Brick and Mortar
    130364455Denville Station Branch276 Route 53, Suite 3, Denville, NJ 7834June 10, 2002Full Service Brick and Mortar
    131364456Marlboro Branch450 Union Hill Road, Morganville, NJ 7751August 27, 2001Full Service Brick and Mortar
    133366228Brick Branch273 Brick Boulevard, Brick, NJ 8723January 21, 2003Full Service Brick and Mortar
    134419470Pluckemin Branch315 Us Highway 202/206, Pluckemin, NJ 7978August 19, 2002Full Service Brick and Mortar
    135419471Old Bridge Branch345a Matawan Road, Matawan, NJ 7747May 27, 2003Full Service Brick and Mortar
    136422999736 Speedwell Avenue Branch736 Speedwell Avenue, Morris Plains, NJ 7950October 03, 2003Full Service Brick and Mortar
    137428791Millburn Branch249 Millburn Avenue, Millburn, NJ 7041June 01, 2004Full Service Brick and Mortar
    138439963130 North Country Road130 North Country Road, Jackson, NJ 8527March 14, 2005Full Service Brick and Mortar
    141468958Perth Amboy Branch598-608 State Street, Perth Amboy, NJ 8861October 22, 2007Full Service Brick and Mortar
    142474330Red Bank Branch20 White Street, Red Bank, NJ 7701May 10, 2008Full Service Brick and Mortar
    14342730Summit Federal Savings Bank Branch393 Springfield Avenue, Summit, NJ 7901January 01, 1891Full Service Brick and Mortar
    144277713441 Springfield Avenue Branch441 Springfield Avenue, Berkeley Heights, NJ 7922January 01, 1891Full Service Brick and Mortar
    145277714Rd#1 St Hwy 57 BranchRd#1 State Highway #57, Washington, NJ 7882January 01, 1891Full Service Brick and Mortar
    14640817205 N Washington Ave Branch205 N Washington Ave, Dunellen, NJ 8812January 01, 1909Full Service Brick and Mortar
    14727771555 Old Hwy 22 Branch55 Old Highway 22, Clinton, NJ 8809January 01, 1891Full Service Brick and Mortar
    148489501Morristown Branch45 Washington Street, Morristown, NJ 7960March 09, 2009Full Service Brick and Mortar
    14943451Bloomfield Branch365 Broad Street, Bloomfield, NJ 7003January 01, 1919Full Service Brick and Mortar
    150450687Pompton Avenue Branch310 Pompton Avenue, Cedar Grove, NJ 7009June 30, 2001Full Service Brick and Mortar
    151492435Clifton Branch500 Clifton Avenue, Clifton, NJ 7011July 25, 2007Full Service Brick and Mortar
    152493780Three Bridges Bank698 Route 202 North, Flemington, NJ 8822July 23, 2009Full Service Brick and Mortar
    153494799Nutley Branch213 Harrison Street, Nutley, NJ 7110June 01, 2009Full Service Brick and Mortar
    154494800Verona Branch725 Bloomfield Avenue, Verona, NJ 7044June 01, 2009Full Service Brick and Mortar
    155499539Clifton Avenue Branch101 Clifton Avenue, Lakewood, NJ 8701November 15, 2009Full Service Brick and Mortar
    156499540Amboy Road Branch946 Amboy Avenue, Edison, NJ 8837September 08, 2009Full Service Brick and Mortar
    157510961Cateret Branch20 Cooke Avenue, Carteret, NJ 7008June 15, 2010Full Service Brick and Mortar
    159278509Newark-Sanford Heights Branch829 Sanford Ave, Newark, NJ 7106September 28, 1939Full Service Brick and Mortar
    161290862Clifton-Botany Village Branch10 Botany Village Square, Clifton, NJ 7011January 07, 1999Full Service Brick and Mortar
    162419828Newark-Ferry Street Branch148 Ferry Street, Newark, NJ 7105May 16, 2003Full Service Brick and Mortar
    163430290Clifton - Main Avenue Branch1610 Main Avenue, Clifton, NJ 7011Febuary 26, 2004Full Service Brick and Mortar
    164513853South Plainfield Branch2449 South Plainfield Avenue, South Plainfield, NJ 7080September 16, 2010Full Service Brick and Mortar
    165359451Kearny Supermarket Branch180 Schuyler Avenue, Kearny, NJ 7032Febuary 07, 2001Full Service Retail
    166361921Chestnut Street Branch275 Chestnut Street, Newark, NJ 7105October 10, 2000Full Service Brick and Mortar
    168361923Ferry Street Branch184 Ferry Street, Newark, NJ 7105June 09, 2001Full Service Brick and Mortar
    170419222Ridge Road Branch623 Ridge Road, Lyndhurst, NJ 7071April 28, 2003Full Service Brick and Mortar
    171426739Riverside Branch1101 South Fairview Street, Riverside, NJ 8075Febuary 04, 2004Full Service Brick and Mortar
    177444575Stuyvesant Avenue Union Nj Branch1243 Stuyvesant Avenue, Union, NJ 7083July 30, 2005Full Service Brick and Mortar
    181514549255 Lafayette Street Branch255 Lafayette Street, Newark, NJ 7105October 15, 2010Full Service Brick and Mortar
    182519361Freehold Branch21 West Main Street, Freehold, NJ 7728April 19, 2011Full Service Brick and Mortar
    183519362South Orange Branch75 South Orange Avenue, South Orange, NJ 7079March 30, 2011Full Service Brick and Mortar
    184526144Elizabeth Branch51 South Broad Street, Elizabeth, NJ 7202September 12, 2011Full Service Brick and Mortar
    185526236Montclair Branch536 Bloomfield Avenue, Montclair, NJ 7042September 19, 2011Full Service Brick and Mortar
  • 8 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    174428760Jericho Turnpike Branch190 East Jericho Turnpike, Mineola, NY 11501April 15, 2004Full Service Brick and Mortar
    179454266Astoria Branch35-02 Broadway, Astoria, NY 11106November 21, 2005Full Service Brick and Mortar
    18045625231st Street, Astoria, Queens, Ny Branch23-02 31st Street, Astoria, NY 11105September 29, 2006Full Service Brick and Mortar
    18642106Brooklyn Federal Savings Bank Branch81 Court Street, Brooklyn, NY 11201January 01, 1887Full Service Brick and Mortar
    1872741613780 Nostrand Avenue Branch3780 Nostrand Avenue, New York City, NY 11235January 01, 1887Full Service Brick and Mortar
    1882741621164 Wantagh Avenue Branch1164 Wantagh Avenue, Wantagh, NY 11793January 01, 1887Full Service Brick and Mortar
    189491978Commack Branch1174 Jericho Turnpike, Commack, NY 11725April 30, 2008Full Service Brick and Mortar
    190495194Veterans Memorial Highway Branch1752 Veterans Memorial Highway, Islandia, NY 11749November 29, 1999Full Service Brick and Mortar

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