Investors Bank & Trust Company in Boston, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 02, 2007

  • Investors Bank & Trust Company in Boston, Massachusetts (MA)
  • Show street view No street view available for this location

Investors Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 20072
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: State Street Bank and Trust Company (#14)
    Federal Reserve ID: 911807
    Date Established: November 12, 1969
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    OTS Docket #: 14226
    FDIC's unique #: 13787
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 12, 1969
    Last Structure Change Effective Date: July 02, 2007
    Last Structure Change Process Date: July 17, 2007
    Last Data Update: July 17, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 Clarendon Street, Boston, MA 2117
    County: Suffolk
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: South Boston
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Boston, MA-NH (#1120)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
    CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
    Core Based Statistical Division: Boston-Quincy, MA (#14484)
  • Financial Summary
  • Total assets: $17,055.7 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, 2006)

  • Dollar figures in thousands
  • 4,265Total employees (full-time equivalent)
  • $11,555,105Total assets
  • $115,965Cash and due from depository institutions
  • $23,189Interest-bearing balances
  • $10,332,070Securities
  • $300,000Federal funds sold & reverse repurchase agreements
  • $270,693Net loans & leases
  • $100Loan loss allowance
  • $0Trading account assets
  • $66,597Bank premises and fixed assets
  • $0Other real estate owned
  • $79,969Goodwill and other intangibles
  • $0Life insurance assets
  • $389,811All other assets
  • $11,555,105Total liabilities and capital
  • $10,628,826Total liabilities
  • $6,184,058Total deposits
  • $5,189,744Interest-bearing deposits
  • $6,184,057Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,119,767Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $125,084Other borrowed funds
  • $0Subordinated debt
  • $199,917All other liabilities
  • $926,279Total equity capital
  • $926,279Total bank equity capital
  • $926,279Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $217,062Undivided profits
  • Memoranda
  • $699,217Noncurrent loans and leases
  • $1,053,632Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $57,440Average Assets, year-to-date
  • $10,925,952Average Assets, quarterly
  • $4,858,282Volatile liabilities
  • $12,008,961Insider loans
  • $11,564,788FHLB advances
  • $4,769,238Loans and leases held for sale
  • $0Unused loan commitments
  • $125,000Tier 1 (core) risk-based capital
  • $11,169,367Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,053,632Total unused commitments
  • $0Restructured Loans and leases
  • $100Derivatives
  • $57,423Total assets and liabilities in foreign offices

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $560,449Total interest income
  • $391,135Total interest expense
  • $169,314Net interest income
  • $0Provision for loan and lease losses
  • $635,860Total noninterest income
  • $629,021Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,839Additional noninterest income
  • $578,770Total noninterest expense
  • $334,717Salaries and employee benefits
  • $63,714Premises and equipment expense
  • $180,339Additional noninterest expense
  • $226,404Pre-tax net operating income
  • $2,523Securities gains (losses)
  • $72,129Applicable income taxes
  • $156,798Income before extraordinary items
  • $0Extraordinary gains - net
  • $156,798Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.91%Yield on earning assets
  • 3.43%Cost of funding earning assets
  • 1.48%Net interest margin
  • 5.58%Noninterest income to earning assets
  • 5.07%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 1.91%Pretax return on assets
  • 18.21%Return on equity (ROE)
  • 18.21%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 71,881Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.04%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 4.38%Net loans and leases to core deposits
  • 4.78%Equity capital to assets
  • 8.02%Core capital (leverage) ratio
  • 7.32%Tier 1 risk-based capital ratio
  • 18.28%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $12,008,961Average earning assets
  • $860,917Average equity
  • $11,404,359Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $27,134,024Managed Assets
  • 1Number of Accounts
  • $4,821,746Personal trust and agency accounts
  • $341,917Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $17,878Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $4,461,951Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 661Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $22,312,278Other retirement accounts
  • $1,050,821Corporate trust and agency accounts
  • $299,803Other fiduciary accounts
  • $3,709,648Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Investors Bank & Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents