PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Investors Bank & Trust Company

Boston, MA · Cert 20072

FDIC

Q2 2007

$17.1BAssets
$584.6MLoans
$11.5BDeposits
$1.0BEquity
Deposit mix
64%Interest-bearing $7.3B36%Noninterest $4.2BQ2 2006Q2 2007

NIM

3.42%Q2 ’054.52%Q2 ’064.77%Q2 ’07-9%+9%

Non-interest income vs. expense

3.59%Q2 ’054.71%Q2 ’064.77%Q2 ’07-51%0%

Executive Summary

  • Earnings: ROA of 1.30%, down 6 bps year over year; NIM at 1.51%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 5.10% of deposits as of Q2 2007.

Financial Results

Return on Assets (YTD, annualized)

1.30%-6 bps YoY

Net Interest Margin (YTD, annualized)

1.51%+13 bps YoY

Efficiency Ratio (YTD, annualized)

70.02%-105 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets1.35%1.32%1.31%1.28%1.30%-6 bps
Return on Equity20.29%19.00%18.21%17.34%19.00%-129 bps
Net Interest Margin1.39%1.41%1.43%1.57%1.51%+13 bps
Efficiency Ratio71.07%71.16%71.88%71.96%70.02%-105 bps
Non-Interest Burden-0.53%-0.53%-0.48%-0.37%-0.53%0 bps
Growth
Asset Growth (YoY)-0.26%-12.58%-4.60%14.17%37.66%+3,792 bps
Loan Growth (YoY)59.96%-16.63%-32.72%-15.90%74.09%+1,413 bps
Deposit Growth (YoY)16.33%0.33%23.51%57.04%92.39%+7,606 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital18.41%20.06%18.28%16.63%14.11%-430 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits5.64%4.58%4.38%3.03%5.10%-54 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a