Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial
bank, announced today that management will host a conference call to
review results of its 2012 fourth quarter and year ended December 31,
2012 on Tuesday, January 22, 2013 at 10:00 AM ET. Signature
Bank’s financial results for the 2012 fourth quarter and year-end will
be released prior to market open on Tuesday, January 22, 2013.
President and Chief Executive Officer Joseph J. DePaolo and Chief
Financial Officer Eric R. Howell will host the conference call.
All participants should dial 480-629-9692 at least ten minutes prior to
the start of the call. To hear a live web simulcast or to listen to the
archived web cast following completion of the call, please visit the
Bank’s web site at www.signatureny.com,
click on the "Investor Relations" tab, then select "Company News,"
followed by "Conference Calls," to access the link to the call. To
listen to a telephone replay of the conference call, please dial
303-590-3030 and enter reservation identification number 4588501. The
replay will be available from approximately 12:00 PM ET on Tuesday,
January 22, 2013 through 11:59 PM ET on Friday, January 25, 2013.
About Signature Bank
Signature Bank, member FDIC, is a New York-based full-service commercial
bank with 26 private client offices throughout the New York metropolitan
area. The Bank’s growing network of private client banking teams serves
the needs of privately owned businesses, their owners and senior
managers. Signature Bank offers a wide variety of business and personal
banking products and services. The Bank operates Signature Financial,
LLC, a specialty finance subsidiary focused on equipment finance and
leasing, transportation financing and taxi medallion financing.
Investment, brokerage, asset management and insurance products and
services are offered through the Bank’s subsidiary, Signature Securities
Group Corporation, a licensed broker-dealer, investment adviser and
member FINRA/SIPC.
Since commencing operations in May 2001, the Bank has grown to $16.46
billion in assets, $13.62 billion in deposits, $1.58 billion in equity
capital and $1.75 billion in other assets under management as of
September 30, 2012. Signature Bank's Tier 1 and risk-based capital
ratios are significantly above the levels required to be considered well
capitalized.
Signature Bank's 26 offices are located: In Manhattan (9) - 261 Madison
Avenue; 300 Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third
Avenue; 200 Park Avenue South; 1020 Madison Avenue; 50 West 57th Street
and 2 Penn Plaza. Brooklyn (3) - 26 Court Street; 84 Broadway and 6321
New Utrecht Avenue. Westchester (2) - 1C Quaker Ridge Road, New Rochelle
and 360 Hamilton Avenue, White Plains. Long Island (6) - 1225 Franklin
Avenue, Garden City; 279 Sunrise Highway, Rockville Centre; 68 South
Service Road, Melville; 923 Broadway, Woodmere; 40 Cuttermill Road,
Great Neck; 100 Jericho Quadrangle, Jericho and 360 Motor Parkway,
Hauppauge. Queens (3) – 36-36 33rd Street, Long Island City; 78-27 37th
Avenue, Jackson Heights and 8936 Sutphin Blvd., Jamaica. Bronx (1) - 421
Hunts Point Avenue, Bronx. Staten Island (1) - 2066 Hylan Blvd.
For more information, please visit www.signatureny.com.
This press release and oral statements made from time to time by our
representatives contain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 that are subject
to risks and uncertainties. You should not place undue reliance
on those statements because they are subject to numerous risks and
uncertainties relating to our operations and business environment, all
of which are difficult to predict and may be beyond our control. Forward-looking
statements include information concerning our future results, interest
rates and the interest rate environment, loan and deposit growth, loan
performance, operations, new private client team hires, new office
openings and business strategy. These statements often include
words such as "may," "believe," "expect," "anticipate," "intend,"
“potential,” “opportunity,” “could,” “project,” “seek,” “should,”
“will,” would,” "plan," "estimate" or other similar expressions.
As you consider forward-looking statements, you should understand
that these statements are not guarantees of performance or results. They
involve risks, uncertainties and assumptions that could cause actual
results to differ materially from those in the forward-looking
statements. These factors include but are not limited to: (i)
prevailing economic conditions; (ii) changes in interest rates, loan
demand, real estate values and competition, any of which can materially
affect origination levels and gain on sale results in our business, as
well as other aspects of our financial performance, including earnings
on interest-bearing assets; (iii) the level of defaults, losses and
prepayments on loans made by us, whether held in portfolio or sold in
the whole loan secondary markets, which can materially affect charge-off
levels and required credit loss reserve levels; (iv) changes in monetary
and fiscal policies of the U.S. Government, including policies of the
U.S. Treasury and the Board of Governors of the Federal Reserve System;
(v) changes in the banking and other financial services regulatory
environment and (vi) competition for qualified personnel and desirable
office locations. As you read and consider forward-looking
statements, you should understand that these statements are not
guarantees of performance or results. They involve risks,
uncertainties and assumptions and can change as a result of many
possible events or factors, not all of which are known to us or in our
control. Although we believe that these forward-looking
statements are based on reasonable assumptions, beliefs and
expectations, if a change occurs or our beliefs, assumptions and
expectations were incorrect, our business, financial condition,
liquidity or results of operations may vary materially from those
expressed in our forward-looking statements. Additional risks are
described in our quarterly and annual reports filed with the FDIC. You
should keep in mind that any forward-looking statements made by
Signature Bank speak only as of the date on which they were made. New
risks and uncertainties come up from time to time, and we cannot predict
these events or how they may affect the Bank. Signature Bank has
no duty to, and does not intend to, update or revise the forward-looking
statements after the date on which they are made. In light of
these risks and uncertainties, you should keep in mind that any
forward-looking statement made in this release or elsewhere might not
reflect actual results.
