Investors Bank Mortgage Rates, Fees & Info

Short Hills, NJ

LEI: 5493002VB77GOYB9O402

Tax ID: 22-1368780

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Investors Bank is a small bank specializing in Refi, Home Purchase, and Cash Out Refi loans. Investors Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: New York, Philadelphia, Trenton, Bridgeport, and Harrisburg among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Investors Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Investors Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.83% 4/21/24
    30 Year Conventional Refi 6.16% 4/21/24
    30 Year Cash-out Refi 6.43% 4/21/24
    30 Year FHA Purchase 6.27% 4/21/24
    15 Year Conventional Purchase 5.89% 4/21/24
    15 Year Conventional Refi 5.87% 4/21/24
    15 Year Cash-out Refi 5.87% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Investors Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Investors Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    3,950

    Origination Dollar Volume (All Markets)

    $2,954,180,000

    Employee count

    1,643

    Awards

    Investors Bank 30 Year Conventional Loans bronze Investors Bank 30 Year Conventional Loans silver Investors Bank 30 Year Conventional Loans bronze Investors Bank 30 Year Conventional Loans silver
    Show all (4) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3,197 $2,340,255,000 $732,016 $4,316 2.86%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 306 $279,550,000 $913,562 $3,460 2.89%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 235 $133,115,000 $566,447 $3,317 2.82%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 78 $65,430,000 $838,846 $5,152 2.80%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $37,005,000 $37,005,000 $0 3.10%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $27,990,000 $6,997,500 $4,877 3.28%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 9 $15,165,000 $1,685,000 $4,673 3.08%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 20 $12,000,000 $600,000 $4,445 2.78%
    OCEAN CITY, NJ (FHA|USDA|VA) 24 $11,400,000 $475,000 $4,589 2.83%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 39 $10,685,000 $273,974 $4,176 2.90%
    LANCASTER, PA (FHA|USDA|VA) 4 $7,820,000 $1,955,000 $4,180 3.22%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $3,050,000 $762,500 $7,320 2.91%
    SYRACUSE, NY (FHA|USDA|VA) 1 $2,385,000 $2,385,000 $0 3.99%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $8,549 3.00%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $875,000 $291,667 $3,818 2.96%
    Outside of Metro Areas 4 $860,000 $215,000 $4,411 2.84%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $850,000 $425,000 $5,768 3.31%
    Torrington, CT (FHA|USDA|VA) 2 $770,000 $385,000 $4,469 3.06%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $685,000 $685,000 $8,539 3.00%
    KINGSTON, NY (FHA|USDA|VA) 2 $670,000 $335,000 $3,932 2.94%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $660,000 $165,000 $4,476 3.06%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $550,000 $275,000 $4,334 3.19%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $325,000 $325,000 $4,917 2.25%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $255,000 $255,000 $4,257 3.75%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $235,000 $235,000 $4,743 3.25%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,034 2.63%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $155,000 $155,000 $5,985 2.75%
    GLENS FALLS, NY (FHA|USDA|VA) 1 $125,000 $125,000 $3,682 3.50%
    Pottsville, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,433 3.88%
    Investors Bank's top markets include New York, Philadelphia, Trenton, Bridgeport, and Harrisburg among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Investors Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    N C P D Federal Credit Union
    Similarity Rank: 102
    Schuyler Savings Bank
    Similarity Rank: 352
    SIKORSKY FINANCIAL
    Similarity Rank: 384
    Louviers Federal Credit Union
    Similarity Rank: 410
    BHCU
    Similarity Rank: 504
    MUTUAL SECURITY CREDIT UNION
    Similarity Rank: 592
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 652
    Newtown Savings Bank
    Similarity Rank: 700
    Thomaston Savings Bank
    Similarity Rank: 705
    The First National Bank of Long Island
    Similarity Rank: 748

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,617 $2,896,105,000 $800,693 $4,216 2.84%
    HELOC 332 $57,530,000 $173,283 n/a 3.11%
    FHA 1 $545,000 $545,000 $14,965 3.13%

    For 2021, Investors Bank's most frequently originated type of loan was Conventional, with 3,617 originations. Their 2nd most popular type was HELOC, with 332 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 1,685 $867,645,000 $514,923 $4,187 2.77%
    Home Purchase 936 $722,930,000 $772,361 $4,666 2.81%
    Cash Out Refi 908 $1,314,250,000 $1,447,412 $4,569 3.00%
    Home Improvement 242 $25,470,000 $105,248 $446 3.07%
    Other 179 $23,885,000 $133,436 $187 2.89%

    For 2021, Investors Bank's most frequently cited loan purpose was Refi, with 1,685 originations. The 2nd most popular reason was Home Purchase, with 936 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,240 $1,033,720,000 $461,482 $4,571 2.88%
    15 Year 678 $235,650,000 $347,566 $3,846 2.52%
    Other 545 $1,210,155,000 $2,220,468 $4,031 3.12%
    20 Year 274 $100,660,000 $367,372 $3,769 2.94%
    10 Year 191 $373,015,000 $1,952,958 $1,843 2.97%
    5 Year 22 $980,000 $44,545 $505 2.91%

    For 2021, Investors Bank's most frequently cited loan duration was 30 Year, with 2,240 originations. The 2nd most popular length was 15 Year, with 678 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,627 $1,112,085,000 $423,329
    $<1k 337 $12,835,000 $38,086
    $2k-3k 264 $152,270,000 $576,780
    $3k-4k 87 $57,465,000 $660,517
    $5k+ 59 $48,405,000 $820,424
    $4k-5k 44 $35,920,000 $816,364

    Investors Bank's average total fees were $4,571, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,627 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 2,040 $1,031,700,000 $505,735
    3-4% 1,048 $1,608,080,000 $1,534,427
    <2.5% 839 $293,015,000 $349,243
    4-5% 22 $21,340,000 $970,000
    5-6% 1 $45,000 $45,000

    During 2021, Investors Bank's average interest rate for loans was 2.88%, while their most frequently originated rate bucket for loans was 2.5-3%, with 2,040 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,220 $351,910,000 $288,451 $3,958 2.86%
    $400k-600k 725 $355,885,000 $490,876 $4,875 2.85%
    $100k-200k 592 $88,680,000 $149,797 $3,279 2.87%
    $600k-1MM 540 $406,590,000 $752,944 $5,819 2.87%
    $100,000 or less 475 $17,535,000 $36,916 $691 2.67%
    $1MM+ 398 $1,733,580,000 $4,355,729 $7,742 3.06%

    2021 saw Investors Bank place emphasis on $200k-400k loans with 1,220 originations, totaling $351,910,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 972 $667,080,000 $686,296 $5,616 2.85%
    $150k-250k 892 $384,600,000 $431,166 $4,606 2.86%
    $100k-150k 758 $217,730,000 $287,243 $3,819 2.87%
    $50k-75k 471 $73,945,000 $156,996 $2,790 2.74%
    $75k-100k 455 $103,465,000 $227,396 $3,450 2.85%
    $50k or less 144 $13,160,000 $91,389 $2,199 2.62%

    Investors Bank lent most frequently to those with incomes in the $250k+ range, with 972 originations. The second most popular income band? $150k-250k, with 892 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 971 $398,035,000 $409,923 $4,199 2.83%
    30-36% 831 $333,055,000 $400,788 $4,221 2.82%
    <20% 363 $152,615,000 $420,427 $4,236 2.79%
    42% 164 $51,770,000 $315,671 $3,964 2.92%
    39% 149 $56,885,000 $381,779 $4,266 2.85%
    36% 149 $56,615,000 $379,966 $4,133 2.83%
    40% 146 $52,780,000 $361,507 $4,115 2.85%
    38% 137 $57,925,000 $422,810 $4,691 2.85%
    41% 137 $46,355,000 $338,358 $4,025 2.85%
    37% 129 $58,985,000 $457,248 $4,393 2.87%
    44% 116 $42,770,000 $368,707 $4,227 2.83%
    43% 104 $39,030,000 $375,288 $4,318 2.85%
    49% 84 $33,530,000 $399,167 $4,280 2.86%
    45% 75 $22,555,000 $300,733 $3,897 2.75%
    46% 64 $26,500,000 $414,063 $4,662 2.92%
    48% 61 $22,095,000 $362,213 $4,130 2.83%
    47% 60 $23,800,000 $396,667 $4,198 2.84%
    50-60% 4 $390,000 $97,500 $195 2.94%
    >60% 4 $260,000 $65,000 $223 2.86%

    Investors Bank lent most frequently to those with DTI ratios of 20-30%, with 971 originations. The next most common DTI ratio? 30-36%, with 831 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 200 $1,477,670,000 $7,388,350 $0 3.31%
    White 2,254 $842,350,000 $373,713 $4,108 2.86%
    Not provided 1,130 $483,450,000 $427,832 $4,315 2.80%
    Asian 256 $120,320,000 $470,000 $4,993 2.79%
    Black 94 $23,140,000 $246,170 $3,338 2.86%
    Asian Indian 8 $4,300,000 $537,500 $4,930 2.71%
    Other Pacific Islander 1 $1,005,000 $1,005,000 $7,816 2.50%
    American Indian 3 $715,000 $238,333 $3,621 2.78%
    Native Hawaiian or Islander 2 $600,000 $300,000 $3,235 2.25%
    Other Asian 1 $325,000 $325,000 $5,279 2.50%
    Filipino 1 $305,000 $305,000 $3,225 2.38%

    Approval Rates

    Total approvals of all applications
    89.60%

    Investors Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.24%

    Investors Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,950 $2,954,180,000 $747,894

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,950 $2,954,180,000 $747,894

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 482 $172,840,000 $358,589 $3,826 2.84%
    40-60% 902 $485,320,000 $538,049 $4,159 2.78%
    60-80% 1,608 $1,825,430,000 $1,135,218 $4,853 2.94%
    80-100% 430 $204,570,000 $475,744 $5,234 2.91%
    Over 100% 25 $217,745,000 $8,709,800 $0 3.22%
    Under 20% 503 $48,275,000 $95,974 $532 2.68%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    INVESTORS BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 40.0%
    INVESTORS BANK Conventional home mortgage Closing on a mortgage 1 20.0%
    INVESTORS BANK Conventional home mortgage Trouble during payment process 2 40.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Investors Bank 1 Outwater Lane Garfield, NJ 7026 Full Service B&M $77,093
    Investors Bank 1000 Highway 36 Atlantic Highlands, NJ 7716 Full Service B&M $73,831
    Investors Bank 1001 Highway 71 Spring Lake, NJ 7762 Full Service B&M $157,360
    Investors Bank 101 John F Kennedy Pkwy Short Hills, NJ 7078 Full Service B&M $0
    Investors Bank 105 North Avenue W Cranford, NJ 7016 Full Service B&M $103,202
    Investors Bank 1065 Stuyvesant Avenue Irvington, NJ 7111 Full Service B&M $78,575
    Investors Bank 1067 Broadway Bayonne, NJ 7002 Full Service B&M $409,423
    Investors Bank 108 Engle Street Englewood, NJ 7631 Full Service B&M $141,197
    Investors Bank 108-01 Queens Blvd. Forest Hills, NY 11375 Full Service B&M $21,960
    Investors Bank 1153 Valley Road Stirling, NJ 7980 Full Service B&M $112,800
    Investors Bank 1155 Whitehorse-Mercerville Rd. Trenton, NJ 8619 Full Service B&M $138,565
    Investors Bank 1164 Wantagh Avenue Wantagh, NY 11793 Full Service B&M $91,196
    Investors Bank 1174 Jericho Turnpike Commack, NY 11725 Full Service B&M $40,777
    Investors Bank 1200 Forest Avenue Staten Island, NY 10310 Full Service B&M $50,619
    Investors Bank 1201 Avenue J Brooklyn, NY 11201 Full Service B&M $40,516
    Investors Bank 1207 Quentin Road Brooklyn, NY 11229 Full Service B&M $80,776
    Investors Bank 123 Ridge Road Lyndhurst, NJ 7071 Full Service B&M $145,544
    Investors Bank 151 Pierce St Somerset, NJ 8873 Full Service B&M $318,119
    Investors Bank 124 East Main Street Maple Shade, NJ 8052 Full Service B&M $63,147
    Investors Bank 1291 Springfield Avenue New Providence, NJ 7974 Full Service B&M $97,775
    Investors Bank 130 North County Line Road Jackson, NJ 8527 Full Service B&M $66,790
    Investors Bank 130 Washington Avenue Carteret, NJ 7008 Full Service B&M $82,472
    Investors Bank 130 Watchung Avenue Plainfield, NJ 7060 Full Service B&M $80,419
    Investors Bank 1300 Liberty Avenue Hillside, NJ 7205 Full Service B&M $131,765
    Investors Bank 1330 St. Georges Avenue Avenel, NJ 7001 Full Service B&M $33,503
    Investors Bank 1331 Springfield Avenue Irvington, NJ 7111 Full Service B&M $58,503
    Investors Bank 134 Main Street Madison, NJ 7940 Full Service B&M $84,770
    Investors Bank 1421 Avenue M Brooklyn, NY 11230 Full Service Retail $124,612
    Investors Bank 150-07 14th Avenue Whitestone, NY 11357 Full Service B&M $69,199
    Investors Bank 1500 Finnegans Lane North Brunswick, NJ 8902 Full Service B&M $120,620
    Investors Bank 1556 Hylan Boulevard Staten Island, NY 10305 Full Service B&M $39,517
    Investors Bank 1577 Northern Blvd Manhasset, NY 11030 Full Service B&M $141,907
    Investors Bank 160 Lawrenceville-Pennington Road Lawrenceville, NJ 8648 Full Service B&M $74,998
    Investors Bank 1655 Oak Tree Road Edison, NJ 8820 Full Service B&M $53,614
    Investors Bank 169 Broadway Long Branch, NJ 7740 Full Service B&M $181,431
    Investors Bank 169 Main Street Chatham, NJ 7928 Full Service B&M $134,660
    Investors Bank 190 East Jericho Turnpike Mineola, NY 11501 Full Service B&M $119,257
    Investors Bank 192 Kings Highway Middletown, NJ 7748 Full Service B&M $225,466
    Investors Bank 193 Morris Avenue Springfield, NJ 7081 Full Service B&M $174,067
    Investors Bank 1951 Route 70 East Cherry Hill, NJ 8003 Full Service B&M $205,359
    Investors Bank 2 Commerce Blvd Succasunna, NJ 7876 Full Service B&M $169,282
    Investors Bank 20 White Street Red Bank, NJ 7701 Full Service B&M $187,648
    Investors Bank 210 Old Country Road Mineola, NY 11501 Full Service B&M $43,379
    Investors Bank 213 Harrison Street Nutley, NJ 7110 Full Service B&M $132,188
    Investors Bank 213 Us Highway 130 Bordentown, NJ 8505 Full Service B&M $78,673
    Investors Bank 2147 Bridge Avenue Point Pleasant Boro, NJ 8742 Full Service Retail $90,490
    Investors Bank 2150 Merrick Road Merrick, NY 11566 Full Service B&M $47,322
    Investors Bank 2150 Route 130 North Burlington Township, NJ 8016 Full Service B&M $67,297
    Investors Bank 2200 Richmond Avenue Staten Island, NY 10314 Full Service B&M $39,586
    Investors Bank 221 River Street Hoboken, NJ 7030 Full Service B&M $78,082
    Investors Bank 23-02 31st Street Astoria, NY 11105 Full Service B&M $58,820
    Investors Bank 2300 Route 33 Robbinsville, NJ 8691 Full Service B&M $212,451
    Investors Bank 23201 Columbus Road Columbus, NJ 8022 Full Service B&M $52,842
    Investors Bank 236 Broadway Brooklyn, NY 11211 Full Service B&M $8,218
    Investors Bank 24 East Northfield Road Livingston, NJ 7039 Full Service B&M $262,901
    Investors Bank 2400 Lemoine Avenue Fort Lee, NJ 7024 Full Service B&M $165,460
    Investors Bank 2426 Route 34 North Manasquan, NJ 8736 Full Service B&M $123,670
    Investors Bank 2441-A Route 22 West Union, NJ 7083 Full Service B&M $74,566
    Investors Bank 2449 South Plainfield Avenue South Plainfield, NJ 7080 Full Service B&M $91,063
    Investors Bank 246-248 Hackensack Avenue East Rutherford, NJ 7073 Full Service B&M $52,835
    Investors Bank 249 Millburn Avenue Millburn, NJ 7041 Full Service B&M $2,662,780
    Investors Bank 255 Lafayette Street Newark, NJ 7105 Full Service B&M $319,625
    Investors Bank 2560 Ocean Avenue Brooklyn, NY 11229 Full Service B&M $38,717
    Investors Bank 2580 Hylan Blvd. Staten Island, NY 10306 Full Service B&M $43,024
    Investors Bank 267 5th Avenue New York, NY 10016 Full Service B&M $133,864
    Investors Bank 268 Brighton Beach Avenue Brooklyn, NY 11235 Full Service B&M $35,324
    Investors Bank 27 Prospect Street East Orange, NJ 7017 Full Service B&M $45,554
    Investors Bank 271 Page Avenue Staten Island, NY 10310 Full Service B&M $60,918
    Investors Bank 273 Brick Boulevard Brick, NJ 8723 Full Service B&M $72,267
    Investors Bank 275 Chestnut Street Newark, NJ 7105 Full Service B&M $207,721
    Investors Bank 276 Route 53, Suite 3 Denville, NJ 7834 Full Service B&M $101,584
    Investors Bank 2846 Steinway Street Astoria, NY 11103 Full Service B&M $57,984
    Investors Bank 2929 Expressway Drive North Islandia, NY 11749 Full Service B&M $115,841
    Investors Bank 300 Bergen Avenue Kearny, NJ 7032 Full Service Retail $105,335
    Investors Bank 301 Greentree Road Sewell, NJ 8080 Full Service B&M $133,558
    Investors Bank 301 Harrison Avenue Harrison, NJ 7029 Full Service B&M $104,484
    Investors Bank 365 Broad Street Bloomfield, NJ 7003 Full Service B&M $204,009
    Investors Bank 31-01 Broadway Astoria, NY 11106 Full Service B&M $113,797
    Investors Bank 310 Pompton Avenue Cedar Grove, NJ 7009 Full Service B&M $159,566
    Investors Bank 3100 Route 38 Mount Laurel, NJ 8054 Full Service B&M $452,712
    Investors Bank 314 7th Avenue Brooklyn, NY 11215 Full Service B&M $20,881
    Investors Bank 315 Main Street Huntington, NY 11743 Full Service B&M $40,885
    Investors Bank 315 Us Hwy 202/206 Pluckemin, NJ 7978 Full Service B&M $57,226
    Investors Bank 3265 Highway 9 Freehold, NJ 7728 Full Service B&M $449,076
    Investors Bank 343 Matawan Road Matawan, NJ 7747 Full Service B&M $80,720
    Investors Bank 3563 Rt 22 E Whitehouse Station, NJ 8889 Full Service B&M $120,548
    Investors Bank 360 Martin Luther King Drive, Unit 7h Jersey City, NJ 7304 Full Service B&M $184,298
    Investors Bank 360 Sthwy 34 South Colts Neck, NJ 7722 Full Service B&M $89,518
    Investors Bank 3780 Nostrand Avenue New York City, NY 11235 Full Service B&M $81,909
    Investors Bank 393 Springfield Avenue Summit, NJ 7901 Full Service B&M $247,933
    Investors Bank 399 Atlantic Avenue Brooklyn, NY 11217 Full Service B&M $47,548
    Investors Bank 415 Stokes Road Medford, NJ 8055 Full Service B&M $138,233
    Investors Bank 425 N. Black Horse Pike Williamstown, NJ 8094 Full Service B&M $200,054
    Investors Bank 425 Route 70 Lakewood, NJ 8701 Full Service B&M $211,379
    Investors Bank 4255 Us Highway 9 Howell, NJ 7731 Full Service B&M $28,276
    Investors Bank 43 - 08 Bell Boulevard Bayside, NY 11361 Full Service B&M $131,687
    Investors Bank 431 Court Street Brooklyn, NY 11231 Full Service B&M $84,364
    Investors Bank 437 Park Avenue Scotch Plains, NJ 7076 Full Service B&M $91,536
    Investors Bank 441 Springfield Avenue Berkeley Heights, NJ 7922 Full Service B&M $113,901
    Investors Bank 45 Washington Street Morristown, NJ 7960 Full Service B&M $205,878
    Investors Bank 450 Union Hill Road Morganville, NJ 7751 Full Service B&M $188,448
    Investors Bank 4500 S. Broad St Yardville, NJ 8620 Full Service B&M $140,836
    Investors Bank 451 Lacey Road Whiting, NJ 8759 Full Service B&M $95,592
    Investors Bank 453 Speedwell Avenue Morris Plains, NJ 7950 Full Service B&M $90,791
    Investors Bank 4624 13th Avenue Brooklyn, NY 11219 Full Service Retail $228,785
    Investors Bank 485 Hamilton Avenue Trenton, NJ 8609 Full Service B&M $86,047
    Investors Bank 500 Clifton Avenue Clifton, NJ 7011 Full Service B&M $113,203
    Investors Bank 500 Route 33 Mercerville, NJ 8619 Full Service B&M $102,004
    Investors Bank 51 South Broad Street Elizabeth, NJ 7202 Full Service B&M $249,201
    Investors Bank 55 Old Highway 22 Clinton, NJ 8809 Full Service B&M $211,778
    Investors Bank 554 Bloomfield Avenue Montclair, NJ 7042 Full Service B&M $93,034
    Investors Bank 56 Westfield Avenue Clark, NJ 7066 Full Service B&M $169,597
    Investors Bank 563 Larkfield Road East Northport, NY 11731 Full Service B&M $19,590
    Investors Bank 565 Stelton Road Piscataway, NJ 8854 Full Service B&M $144,048
    Investors Bank 575 Main Street Woodbridge, NJ 7095 Full Service B&M $159,624
    Investors Bank 58-25 Myrtle Avenue Ridgewood, NY 11385 Full Service B&M $11,766
    Investors Bank 598-608 State Street Perth Amboy, NJ 8861 Full Service B&M $63,176
    Investors Bank 605 Madison Avenue Lakewood, NJ 8701 Full Service B&M $207,815
    Investors Bank 636 Inman Avenue Colonia, NJ 7067 Full Service B&M $42,265
    Investors Bank 6402 18th Avenue Brooklyn, NY 11204 Full Service B&M $37,896
    Investors Bank 645 Route 18 East Brunswick, NJ 8816 Full Service B&M $61,541
    Investors Bank 675 Hempstead Turnpike Franklin Square, NY 11010 Full Service B&M $36,732
    Investors Bank 680 Delsea Drive Glassboro, NJ 8028 Full Service B&M $179,773
    Investors Bank 69-71 Grand Avenue Maspeth, NY 11378 Full Service B&M $24,411
    Investors Bank 690 Route 25a East Setauket, NY 11733 Full Service B&M $78,739
    Investors Bank 698 Route 202 North Flemington, NJ 8822 Full Service B&M $106,019
    Investors Bank 70 Hackensack Avenue Hackensack, NJ 7601 Full Service B&M $78,104
    Investors Bank 7123 3rd Avenue Brooklyn, NY 11209 Full Service B&M $33,762
    Investors Bank 725 Bloomfield Avenue Verona, NJ 7044 Full Service B&M $90,986
    Investors Bank 7414 13th Avenue Brooklyn, NY 11228 Full Service B&M $42,924
    Investors Bank 75 South Orange Avenue South Orange, NJ 7079 Full Service B&M $80,046
    Investors Bank 7826 5th Avenue Brooklyn, NY 11209 Full Service B&M $110,576
    Investors Bank 79 W. Upper Ferry Rd. W. Trenton, NJ 8628 Full Service B&M $123,208
    Investors Bank 80 Hartford Road Moorestown, NJ 8057 Full Service B&M $339,053
    Investors Bank 97 North Sea Road Southampton, NY 11968 Full Service B&M $33,844
    Investors Bank 81 Court Street Brooklyn, NY 11201 Full Service B&M $278,726
    Investors Bank 81 Fleet Place Brooklyn, NY 11201 Full Service B&M $6,291
    Investors Bank 820 Bloomfield Avenue West Caldwell, NJ 7006 Full Service B&M $82,955
    Investors Bank 829 Sanford Ave Newark, NJ 7106 Full Service B&M $50,122
    Investors Bank 864 Route 37 West Toms River, NJ 8755 Full Service B&M $340,610
    Investors Bank 8724 Fourth Avenue Brooklyn, NY 11209 Full Service B&M $70,407
    Investors Bank 874 Fischer Boulevard, Bay Plaza Shopping Center Toms River, NJ 8753 Full Service B&M $88,815
    Investors Bank 88 Norwood Avenue Deal, NJ 7723 Full Service B&M $278,571
    Investors Bank 896 Manhattan Avenue Brooklyn, NY 11222 Full Service B&M $56,719
    Investors Bank 946 Amboy Avenue Edison, NJ 8837 Full Service B&M $171,919
    Investors Bank 96 Allen Blvd Farmingdale, NY 11735 Full Service B&M $23,792
    Investors Bank 977 Stuyvesant Avenue Union, NJ 7083 Full Service B&M $151,705

    For 2021, Investors Bank had 147 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $920,114
    Net interest income $773,164
    Total noninterest income $57,775
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $12,493
    Trading account gains and fees $8,392
    Additional Noninterest Income $36,890
    Pre-tax net operating income $426,415
    Securities gains (or losses, -) $250
    Income before extraordinary items $312,038
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $312,038
    Minority interest net income $0
    Net income $312,038
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $311,840

    Investors Bank's gross interest income from loans was $920,114,000.
    Investors Bank's net interest income from loans was $773,164,000.
    Investors Bank's fee based income from loans was $12,493,000.
    Investors Bank's net income from loans was $312,038,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $146,950
    Provision for credit losses $-48,584
    Total noninterest expense $453,108
    Salaries and employee benefits $244,968
    Premises and equipment expense $75,323
    Additional noninterest expense $132,817
    Applicable income taxes $114,627
    Net charge-offs $-538
    Cash dividends $185,000

    Investors Bank's interest expense for loans was $146,950,000.
    Investors Bank's payroll and benefits expense were $244,968,000.
    Investors Bank's property, plant and equipment expenses $75,323,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $21,175,342
    Deposits held in domestic offices $21,175,342
    Deposits by Individuals, partnerships, and corporations $15,294,552
    Deposits by U.S. Government $18
    Deposits by States and political subdivisions in the U.S. $5,815,671
    Deposits by Commercial banks and other depository institutions in U.S. $65,101
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,571,616
    Demand deposits $885,265
    Nontransaction accounts $19,603,726
    Money market deposit accounts (MMDAs) $4,758,325
    Other savings deposits (excluding MMDAs) $12,751,305
    Total time deposits $2,094,097
    Total time and savings deposits $20,290,077
    Noninterest-bearing deposits $5,021,132
    Interest-bearing deposits $16,154,210
    Retail deposits $20,047,706
    IRAs and Keogh plan accounts $357,449
    Brokered deposits $734,236
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $27,781,823
    Cash & Balances due from depository institutions $287,991
    Interest-bearing balances $187,687
    Total securities $3,972,561
    Federal funds sold & reverse repurchase $0
    Net loans and leases $22,346,961
    Loan and leases loss allowance $240,681
    Trading account assets $25,977
    Bank premises and fixed assets $329,689
    Other real estate owned $1,186
    Goodwill and other intangibles $130,855
    All other assets $686,603

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $27,781,823
    Total Liabilities $25,184,158
    Total deposits $21,175,342
    Interest-bearing deposits $16,154,210
    Deposits held in domestic offices $21,175,342
    % insured (estimated) $50
    Federal funds purchased and repurchase agreements $449,117
    Trading liabilities $25,977
    Other borrowed funds $3,154,021
    Subordinated debt $0
    All other liabilities $379,701

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $22,346,961
    Loan and leases loss allowance $240,681
    Total loans and leases (domestic) $22,587,642
    All real estate loans $19,730,536
    Real estate loans in domestic offices $19,730,536
    Construction and development loans $567,911
    Residential 1-4 family construction $26,666
    Other construction, all land development and other land $541,245
    Loans secured by nonfarm nonresidential properties $6,958,134
    Nonfarm nonresidential secured by owner-occupied properties $1,353,752
    Commercial real estate & other non-farm, non-residential $5,604,382
    Multifamily residential real estate $7,886,143
    1-4 family residential loans $4,318,348
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $3,559
    Commercial and industrial loans $1,555,438
    To non-U.S. addressees $0
    Loans to individuals $494,350
    Credit card loans $0
    Related Plans $338
    Consumer Auto Loans $83
    Other loans to individuals $493,929
    All other loans & leases $803,759
    Loans to foreign governments and official institutions $0
    Other loans $400,776
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $7,583
    Non 1-4 family restructured loans & leases $79
    Total loans and leases (foreign) $0

    Investors Bank had $22,346,961,000 of loans outstanding in 2021. $19,730,536,000 of loans were in real estate loans. $567,911,000 of loans were in development loans. $7,886,143,000 of loans were in multifamily mortgage loans. $4,318,348,000 of loans were in 1-4 family mortgage loans. $3,559,000 of loans were in farm loans. $0 of loans were in credit card loans. $83,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 628 $252,285 $401,728
    Nonfarm, nonresidential loans - <$100k 15 $446 $29,733
    Nonfarm, nonresidential loans - $100-250k 103 $13,624 $132,272
    Nonfarm, nonresidential loans - $250k-1MM 510 $238,215 $467,088
    Commercial & Industrial, US addressed loans - <$1MM 1,318 $157,260 $119,317
    Commercial & Industrial, US addressed loans - <$100k 680 $14,395 $21,169
    Commercial & Industrial, US addressed loans - $100-250k 235 $19,812 $84,306
    Commercial & Industrial, US addressed loans - $250k-1MM 403 $123,053 $305,342
    Farmland loans - <$1MM 1 $0 $0
    Farmland loans - <$100k 1 $0 $0
    Agriculture operations loans - <$1MM 1 $242 $242,000
    Agriculture operations loans - $250k-1MM 1 $242 $242,000