PackageTrendsPeer
Letter portraitLegal landscape

Investors Savings Bank

Millburn, NJ · Cert 28892

FDIC · 147 branches

Q1 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Investors Savings Bank

Millburn, NJ · Cert 28892

FDIC · 147 branches

Q1 2022

$28.0BAssets
$22.8BLoans
$20.6BDeposits
$2.7BEquity
Loan mix
87%RE $14.2B10%C&I $1.6B3%Consumer $0.5BQ1 2021Q1 2022
Deposit mix
76%Interest-bearing $15.6B24%Noninterest $5.0BQ1 2021Q1 2022

NIM

3.87%Q1 ’203.40%Q1 ’213.32%Q1 ’22+7%+3%

Non-interest income vs. expense

1.59%Q1 ’201.59%Q1 ’213.76%Q1 ’22-6%+171%

Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2021 SOD (annual) · 0.7% share · #19 of 173 inst. · $17.0B of $2606.2B

15.4% Essex
6.1% Monmouth
5.2% Union
1.9% Kings

Executive Summary

  • Earnings: ROA of -1.12%, down 223 bps year over year; NIM at 2.88%.
  • Asset quality: problem loans at 0.49% of loans (+8 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 9.09%, down 32 bps from a year ago.
  • Funding: loans stand at 110.64% of deposits as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

-1.12%-223 bps YoY

Net Interest Margin (YTD, annualized)

2.88%+8 bps YoY

Efficiency Ratio (YTD, annualized)

122.72%+7,099 bps YoY

Tier 1 Leverage Ratio

9.09%-32 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets1.11%1.16%1.11%1.17%-1.12%-223 bps
Return on Equity11.72%12.29%11.80%12.45%-11.84%-2,356 bps
Net Interest Margin2.80%2.90%2.82%2.79%2.88%+8 bps
Efficiency Ratio51.73%51.74%55.22%54.37%122.72%+7,099 bps
Non-Interest Burden1.32%1.39%1.46%1.42%3.57%+225 bps
Growth
Asset Growth (YoY)-3.37%-1.49%2.68%6.89%8.46%+1,184 bps
Loan Growth (YoY)-2.21%-0.19%4.20%8.08%9.32%+1,153 bps
Deposit Growth (YoY)4.02%0.04%7.13%6.95%7.01%+300 bps
Asset Quality
Nonperforming Loans / Loans0.41%0.37%0.36%0.47%0.49%+8 bps
Net Charge-Offs / Loans-0.03%-0.02%-0.01%0.00%-0.02%+2 bps
Allowance / Loans1.36%1.26%1.20%1.07%1.06%-30 bps
Allowance Coverage of NPLs3.3x3.4x3.4x2.3x2.2x-1.2x
Capital
Tier 1 Leverage Ratio9.40%9.39%9.02%8.99%9.09%-32 bps
Total Risk-Based Capital13.26%12.92%12.54%12.42%12.43%-83 bps
Equity / Assets9.68%9.32%9.23%9.35%9.51%-18 bps
Liquidity & Funding
Loans / Deposits108.31%108.12%105.47%106.67%110.64%+234 bps
Liquid Assets / Assets4.78%6.73%6.59%6.35%6.59%+181 bps
CRE / Total Capitaln/an/an/an/an/an/an/a