Signature Bank Ranked Third Best Bank in America by Forbes

  Signature Bank Ranked Third Best Bank in America by Forbes

 Ranking Marks Bank’s Third Consecutive Appearance on List; Each Time in the
                                   Top Ten

Business Wire

NEW YORK -- December 20, 2012

Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank,
announced today that it ranked third on Forbes’ list of the Best Banks in
America. This marks Signature Bank’s third consecutive appearance on the list,
each time ranking in the top 10.

Forbes used eight metrics of financial health to rank banks nationwide, from
data provided them by SNL Financial, including: return on average equity; net
interest margin; nonperforming loans (NPLs) as a percentage of loans;
nonperforming assets as percentage of assets; reserves as a percentage of
NPLs; two capital ratios (Tier 1 and risk-based); and leverage ratio. The data
was based on regulatory filings of public banks and thrifts through the 2012
third quarter.

The fourth annual ranking of Forbes’ America’s Best and Worst Banks was
released on Tuesday, December 18, 2012 on www.forbes.com.

“Our unwavering commitment to serving privately owned businesses and
attracting seasoned bankers to join our network led to another year of record
financial performance, and Signature Bank earning this prestigious recognition
from Forbes, as we moved up two notches since our fifth place ranking last
year. This achievement is truly a testament to the efforts of our growing
network of private client banking teams in garnering deposits and expanding
our loan portfolio. This acknowledgment also demonstrates the loyalty of our
dedicated clients, who favor the single-point of-contact approach we offer and
level of client care and service they receive at Signature Bank,” noted
Signature Bank President and Chief Executive Officer Joseph J. DePaolo.

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.

Contact:

Signature Bank
Investor Contact:
Eric R. Howell, Chief Financial Officer
646-822-1402
ehowell@signatureny.com
or
Media Contact:
Susan J. Lewis, 646-822-1825
slewis@signatureny.com
 
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