Signature Bank to Host 2010 First Quarter Results Conference Call

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Thu Apr 22, 2010 3:41pm EDT

NEW YORK--(Business Wire)--
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 2010 first quarter ended March 31, 2010 on Tuesday, April 27, 2010, at 10:00
AM ET. Signature Bank`s financial results for the 2010 first quarter will be
released prior to market open on Tuesday, April 27, 2010. 

President and Chief Executive Officer Joseph J. DePaolo and Chief Financial
Officer Eric R. Howell will host the conference call. 

All participants should dial 480-629-9818 at least ten minutes prior to the
start of the call. To hear a live Web simulcast or to listen to the archived
webcast following completion of the call, please visit the Bank`s website 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 4284828. The replay will be available from
approximately 12:00 PM ET on Tuesday, April 27, 2010, through 11:59 PM ET on
Friday, April 30, 2010. 

About Signature Bank

Signature Bank, member FDIC, a New York-based full-service commercial bank with
23 private client offices throughout the New York metropolitan area, serves 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 FINRA/SIPC. 

Signature Bank's 23 offices are located: In Manhattan - 261 Madison Avenue; 300
Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third Avenue; 200 Park Avenue
South, 1020 Madison Avenue and 50 West 57th Street. 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; 68 South Service
Road, Melville; 923 Broadway, Woodmere; 40 Cuttermill Road, Great Neck and 100
Jericho Quadrangle, Jericho. Queens - 36-36 33rd Street, Long Island City and
78-27 37th Avenue, Jackson Heights. Bronx - 421 Hunts Point Avenue, Bronx.
Staten Island - 2066 Hylan Blvd. 

Since commencing operations in May 2001, the Bank has grown to $9.15 billion in
assets, $7.22 billion in deposits, $804 million in equity capital and $1.9
billion in other assets under management as of December 31, 2009. Signature
Bank`s Tier 1 and risk-based capital ratios are significantly above the levels
required to be considered well capitalized. 

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, competition, capitalization, new
private client team hires, new office openings, the regulatory environment 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 and regulatory 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 clients, loans, deposits, 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.

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

Copyright Business Wire 2010

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