Signature Bank

Dime Announces Expansion in Williamsburg With Deposit-Focused Group

Retrieved on: 
Montag, Mai 6, 2024
Dime Community Bank, DCOM, Flagstar Bank, Signature Bank, Dime

HAUPPAUGE, N.Y., May 06, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that it has hired a deposit-focused Group that will cover the Williamsburg market.

Key Points: 
  • HAUPPAUGE, N.Y., May 06, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that it has hired a deposit-focused Group that will cover the Williamsburg market.
  • The Group will be led by John McDonough and Emanuel “Manny” Diconimakis.
  • The Group was previously employed with the former Signature Bank and its successor, Flagstar Bank.
  • Dime, which was founded in Williamsburg in 1864, has always been a key part of the fabric of this vibrant neighborhood.

Touchstone Bankshares, Inc. Reports Financial Results for the First Quarter 2024

Retrieved on: 
Dienstag, April 30, 2024
Agreement, First National, Bank, Stock, Partnership, Plan, Signature Bank, First Bank, Good, Environment, OTC Markets Group, Growth, Airline

The Company reported net income available to common shareholders of $327 thousand for the three months ended March 31, 2024.

Key Points: 
  • The Company reported net income available to common shareholders of $327 thousand for the three months ended March 31, 2024.
  • The Company and First National anticipate closing the mergers in the fourth quarter of 2024.
  • As of March 31, 2024, the Company's credit quality metrics remained strong with minimal nonperforming assets and past due loans.
  • The following table is a comparison of the components of noninterest income for the three months ended March 31, 2024, and 2023:

Greg Tamberlane Joins Peapack Private as Senior Vice President, Head of Commercial Bank Operations New York

Retrieved on: 
Montag, April 22, 2024
Computer science, Senior, Signature Bank, Growth, PGC, Mathematics, Corvil, Health, Cryptocurrency

BEDMINSTER, NJ, April 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Greg Tamberlane has been appointed as Senior Vice President, Head of Commercial Bank Operations New York, continuing to lead the expansion of Peapack Private’s New York City location.

Key Points: 
  • BEDMINSTER, NJ, April 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Greg Tamberlane has been appointed as Senior Vice President, Head of Commercial Bank Operations New York, continuing to lead the expansion of Peapack Private’s New York City location.
  • Greg will oversee operations for New York, leading a team of financial services professionals to ensure the successful growth of the Company.
  • Greg brings 10 years of financial services experience to Peapack Private, most recently serving as Vice President, Senior Manager of Digital Asset Solutions at Signature Bank where he worked with commercial banking teams to develop and onboard strategic and complex client relationships and oversaw development of several internal and external commercial banking systems and applications.
  • Mr. Tamberlane holds a Bachelor of Arts degree in Mathematics and Computer Science from Purchase College in New York.

Lakeland Bancorp Announces First Quarter Results

Retrieved on: 
Freitag, April 19, 2024
Futures contract, OAK, Signature Bank, Provident, EPS, Ratio, Telecommunications, FDIC

Thomas Shara, Lakeland Bancorp’s President and CEO commented on the quarterly financial results, "Despite the uncertain economic environment, we are pleased with our results and our continued outstanding asset quality.

Key Points: 
  • Thomas Shara, Lakeland Bancorp’s President and CEO commented on the quarterly financial results, "Despite the uncertain economic environment, we are pleased with our results and our continued outstanding asset quality.
  • First quarter 2024 results continue to be impacted by the increased market rate environment.
  • Net interest margin for the first quarter of 2024 decreased six basis points to 2.46% from 2.52% in the prior quarter and decreased 61 basis points from 3.07% in the first quarter of 2023.
  • Net interest income for the first quarter of 2024 of $62.6 million decreased $13.4 million compared to the first quarter of 2023.

White River Bancshares Co. Earns $509,000, or $0.51 Per Diluted Share, in First Quarter 2024; Highlighted by Higher Net Interest Income and Double Digit Loan and Deposit Growth Year-Over-Year

Retrieved on: 
Freitag, April 19, 2024
Total, OTCQX, FHLB, Banco, Signature Bank, Compact disc, Environment, NIM, Tier 1, CECL, Bank, Acquisition, AOCI, Video game

“While rising rates changed the deposit mix as customers pursued higher yielding accounts, demand and non-interest bearing accounts remained strong.

Key Points: 
  • “While rising rates changed the deposit mix as customers pursued higher yielding accounts, demand and non-interest bearing accounts remained strong.
  • Loan growth was robust in the first quarter of 2024, increasing $28.5 million, or 3.0% compared to the prior quarter end.
  • Net interest income increased 7.4% to $8.0 million in the first quarter of 2024, compared to $7.5 million in the first quarter of 2023.
  • First quarter net interest margin (“NIM”) was 2.97%, compared to 3.16% in the first quarter a year ago.

Five Star Bancorp Announces the Hiring of San Francisco Bay Area Banking Professional and the Full Exercise and Closing of Underwriters’ Option to Purchase Additional Shares in the Company’s Underwritten Public Offering

Retrieved on: 
Mittwoch, April 10, 2024
Sale, University, Prospectus, Investment, Star Bank, Economics, Security (finance), Silicon Valley Bank, Signature Bank, Bank of America, Wachovia, Form, Exercise, Senior, Flagstar Bank, California Street, Bank, Keefe, Bruyette & Woods, S-3, Five Star Bank, First Republic Bank, San Francisco Bay, Telephone, Growth, Wells Fargo

Grafeld will help advance Five Star Bank’s expansion strategy in the San Francisco Bay Area with personalized, concierge commercial banking service in Marin County.

Key Points: 
  • Grafeld will help advance Five Star Bank’s expansion strategy in the San Francisco Bay Area with personalized, concierge commercial banking service in Marin County.
  • “Casey Grafeld is an excellent addition to Five Star Bank’s San Francisco Bay Area team of highly experienced commercial banking professionals.
  • Adding Casey to our team exemplifies our commitment to expansion and client service in the San Francisco Bay Area,” said Five Star Bank San Francisco Bay Area Region President, DJ Kurtze.
  • I also am delighted to extend Five Star Bank’s Bay Area presence and personalized commercial banking services to Marin County, where I’ve lived for 25 years,” said Grafeld.

Houston SBA Trading and Sales Team Joins SouthState

Retrieved on: 
Montag, April 15, 2024
SSB, Capital market, SBA, Signature Bank, Attention, Small Business Administration, SIPC, Multimedia, FINRA, FDIC, Signature, Security (finance)

HOUSTON, April 15, 2024 /PRNewswire/ -- SouthState | DuncanWilliams welcomes 12 experienced SBA trading and sales professionals to its debt capital markets team.

Key Points: 
  • HOUSTON, April 15, 2024 /PRNewswire/ -- SouthState | DuncanWilliams welcomes 12 experienced SBA trading and sales professionals to its debt capital markets team.
  • Prior to SouthState, Bennett was director of SBA Trading and Sales with Signature Bank.
  • SouthState | DuncanWilliams Securities Corp. and SouthState | DuncanWilliams Capital Markets are collectively referred to as "SouthState | DuncanWilliams".
  • Securities may be offered to Institutional customers through either SouthState | DuncanWilliams Securities Corp. or SouthState | DuncanWilliams Capital Markets.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages New York Community Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - NYCB

Retrieved on: 
Dienstag, März 19, 2024
Titan, Risk management, Plaintiff, Class, Acquisition, Disclosure, New York Community Bank, NYCB, Advertising, Category, Signature Bank, Court

WHAT TO DO NEXT: To join the NYCB class action, go to https://rosenlegal.com/submit-form/?case_id=22391 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the NYCB class action, go to https://rosenlegal.com/submit-form/?case_id=22391 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Dime Announces Expansion of Private and Commercial Bank With Deposit-Focused Group Hires

Retrieved on: 
Dienstag, April 9, 2024
DCOM, Signature Bank, Treasury, Dime Community Bank, Flagstar Bank

HAUPPAUGE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced the hiring of six deposit-focused Groups from the former Signature Bank and its successor, Flagstar Bank.

Key Points: 
  • HAUPPAUGE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced the hiring of six deposit-focused Groups from the former Signature Bank and its successor, Flagstar Bank.
  • Commenting on the new Group hires, Stuart H. Lubow, President and Chief Executive Officer of Dime, said, “Building upon the successes we had over the past year, we are excited to announce the addition of several deposit-focused Groups.
  • Including the hires announced today, we have added more than twelve deposit-focused Groups over the past twelve months to capitalize on the disruption in our marketplace.
  • The hires announced today will deepen our presence in Brooklyn and Nassau county, where we are the pre-eminent community commercial bank, and allows us to enter the strategically important market of Westchester.

Peapack Private Announces New York City Expansion

Retrieved on: 
Montag, April 8, 2024
Citigroup, Private, Growth, Corrado, Capital One, Business, JPMorgan Chase, Bryant University, Flagstar Bank, Capital, Treasurer, Commercial, Senior, Commercial bank, Marketing, Private banking, Professional services, Committee on Finance, PGC, Hofstra University, Signature Bank

Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.

Key Points: 
  • Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.
  • “We are continuing to move aggressively into New York City due to the market disruption that occurred last spring,” said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank.
  • “We were attracted to the single-point-of-contact model that Peapack Private offers, along with the added value of its wealth management solutions,” commented Corrado.
  • Peapack Private fully expects to continue offering its private banking service model to the Tri-State area and to grow in the coming years.