Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial
bank, announced today that its management plans to present its corporate
story at the upcoming Sidoti & Company, LLC annual New York Emerging
Growth Institutional Investor Forum.
More than 170 publicly traded companies will present before
institutional investors on Tuesday, March 25, and Wednesday, March 26,
2008 at the Grand Hyatt Hotel in New York City. Signature Bank’s
President and Chief Executive Officer Joseph J. DePaolo is scheduled to
present on Tuesday, March 25, at 9:05 a.m. local time. The 30–minute
presentation will be followed by a question and answer session and will
address the Bank’s operations and strategy.
The presentation management will deliver during this invitation-only
investor conference, will be available for viewing at the start time of
their presentation at www.signatureny.com.
It can be accessed by visiting the investor relations section, clicking
on “Company News,”
and selecting “Events & Presentations,”
and will be available for 30 days.
New York City-based Sidoti & Company, LLC, founded in 1999, provides
equity research on nearly 500 equities across more than 30 industries,
primarily focusing on undiscovered, profitable companies with market
capitalizations below $3 billion.
About Signature Bank
Signature Bank, member FDIC, is a New York-based full-service commercial
bank with 20 private client offices located in the New York metropolitan
area, serving the needs of privately owned businesses, their owners and
senior managers through dozens of private client groups. The Bank offers
a wide variety of business and personal banking products and services as
well as investment, brokerage, asset management and insurance products
and services through its subsidiary, Signature Securities Group
Corporation, a licensed broker-dealer, investment adviser and member
NASD/SIPC.
Signature Bank's 20 offices are located throughout the metropolitan New
York area. In Manhattan – 261 Madison Avenue;
300 Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third Avenue; 200
Park Avenue South and 1020 Madison Avenue. Brooklyn –
26 Court Street; 84 Broadway and 6321 New Utrecht Avenue. Westchester –
1C Quaker Ridge Road, New Rochelle and 360 Hamilton Avenue, White
Plains. Long Island – 1225 Franklin Avenue,
Garden City; 279 Sunrise Highway, Rockville Centre; 58 South Service
Road, Melville; 923 Broadway, Woodmere; and 40 Cuttermill Road in Great
Neck. Queens – 36-36 33rd Street, Long Island
City and 78-27 37th Avenue, Jackson Heights. Bronx –
421 Hunts Point Avenue, Bronx.
Since commencing operations in May 2001, the Bank has grown to $5.85
billion in assets, $4.51 billion in deposits, $426 million in equity
capital and $2.85 billion in other assets under management as of
December 31, 2007.
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. 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," "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, which
can materially affect origination levels and gain on sale results in our
business, as well as other aspects of our financial performance; (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; and (iv) competition for qualified personnel and
desirable office locations. 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.
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