Attached files
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8-K - 8-K - Investors Bancorp, Inc. | isbc-20200729.htm |
EX-99.1 - EX-99.1 - Investors Bancorp, Inc. | pressrelease6302020.htm |
Exhibit 99.2
The following table presents the Company’s loan portfolio at June 30, 2020 by industry sector and the balance of deferrals by loan portfolio as of July 22, 2020:
Segment/Industry | Loan Balance (in millions) | Active Deferrals(1) (in millions) | Active Deferrals / Loans | |||||||||||||||||
Commercial and industrial: | ||||||||||||||||||||
Accommodation and Food Service | $ | 316 | $ | 223 | 71 | % | ||||||||||||||
Administrative and Support and Waste Management | 99 | 0 | — | % | ||||||||||||||||
Agriculture, Forestry, Fishing and Hunting | 20 | 0 | — | % | ||||||||||||||||
Arts, Entertainment, and Recreation | 54 | 30 | 56 | % | ||||||||||||||||
Construction | 384 | 31 | 8 | % | ||||||||||||||||
Educational Service | 95 | 0 | — | % | ||||||||||||||||
Finance and Insurance | 125 | 0 | — | % | ||||||||||||||||
Health Care and Social Assistance | 701 | 66 | 9 | % | ||||||||||||||||
Information | 48 | 0 | — | % | ||||||||||||||||
Management of Companies and Enterprises | 3 | 0 | — | % | ||||||||||||||||
Manufacturing | 269 | 4 | 1 | % | ||||||||||||||||
Mining, Quarrying, and Oil and Gas Extraction | 53 | 0 | — | % | ||||||||||||||||
Professional, Scientific, and Technical Services | 127 | 4 | 3 | % | ||||||||||||||||
Public Administration | 1 | 0 | — | % | ||||||||||||||||
Real Estate and Rental | 544 | 57 | 10 | % | ||||||||||||||||
Retail Trade - clothing, home, gasoline, health | 93 | 1 | 1 | % | ||||||||||||||||
Retail Trade - sporting, hobby, vending, e-commerce | 8 | 0 | — | % | ||||||||||||||||
Transportation - air, rail, truck, water, pipeline | 203 | 9 | 4 | % | ||||||||||||||||
Utilities | 6 | 0 | — | % | ||||||||||||||||
Wholesale Trade | 90 | 17 | 19 | % | ||||||||||||||||
Other | 191 | 5 | 3 | % | ||||||||||||||||
Total Commercial and Industrial | $ | 3,429 | $ | 447 | 13 | % | ||||||||||||||
Commercial real estate: | ||||||||||||||||||||
Accommodation and Food Service | $ | 111 | $ | 69 | 62 | % | ||||||||||||||
Arts, Entertainment, and Recreation | 19 | 2 | 11 | % | ||||||||||||||||
Health Care and Social Assistance | 44 | 1 | 2 | % | ||||||||||||||||
Mixed Use Property | 491 | 68 | 14 | % | ||||||||||||||||
Office | 1,194 | 151 | 13 | % | ||||||||||||||||
Retail Store | 955 | 101 | 11 | % | ||||||||||||||||
Shopping Center | 853 | 287 | 34 | % | ||||||||||||||||
Warehouse | 778 | 95 | 12 | % | ||||||||||||||||
Other | 428 | 56 | 13 | % | ||||||||||||||||
Total Commercial Real Estate | $ | 4,873 | $ | 830 | 17 | % | ||||||||||||||
Multi-Family | 7,378 | 903 | 12 | % | ||||||||||||||||
Construction | 304 | 15 | 5 | % | ||||||||||||||||
Residential and Consumer | 5,377 | 505 | 9 | % | ||||||||||||||||
Total Loans | $ | 21,362 | $ | 2,700 | 13 | % |
(1) As of July 1, 2020, $2.3 billion of loans reached the end of the initial deferral period, of which $1.5 billion returned to paying status. $1.6 billion of deferrals are scheduled to reach the end of the initial deferral period on August 1, 2020.