ISBC 2017 Form 10-K & 2018 Proxy Statement

FORM 10-K INVESTORS BANCORP, INC. AND SUBSIDIARY Consolidated Statements of Comprehensive Income For the Years Ended December 31, 2017 2016 2015 (In thousands) Net income $126,744 192,125 181,505 Other comprehensive income (loss), net of tax: Change in funded status of retirement obligations (745) 7,471 (1,455) Unrealized loss on securities available-for-sale (8,148) (12,284) (4,933) Accretion of loss on securities reclassified to held to maturity 468 1,092 1,448 Reclassification adjustment for security gains included in net income (765) (1,358) (1,547) Other-than-temporary impairment accretion on debt securities (1,612) 880 1,066 Net gains on derivatives arising during the period 6,063 7,424 — Total other comprehensive (loss) income (4,739) 3,225 (5,421) Total comprehensive income $122,005 195,350 176,084 See accompanying notes to consolidated financial statements. 80