Signature Bank

Dime Hires Judy Wu as Executive Vice President, General Counsel and Corporate Secretary

Retrieved on: 
木曜日, 5月 23, 2024
Dime Community Bank, DCOM, Corporation, Flagstar Bank, Bank, Growth, NYU, Signature Bank, General counsel, Regulatory compliance

HAUPPAUGE, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that Judy Wu has been appointed Executive Vice President, General Counsel and Corporate Secretary of the Company and the Bank.

Key Points: 
  • HAUPPAUGE, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that Judy Wu has been appointed Executive Vice President, General Counsel and Corporate Secretary of the Company and the Bank.
  • Wu most recently served in the Regulatory Compliance and Privacy function of Flagstar Bank.
  • Previously, she was Chief Privacy and Regulatory Compliance Officer and Co-General Counsel at Signature Bank.
  • “Judy is a well-regarded and experienced banking professional,” said Stuart H. Lubow, President and CEO of Dime.

Customers Bank Announces Purchase of FDIC Interest in Fintech Investment Fund

Retrieved on: 
水曜日, 5月 15, 2024
Finance, Banking, Professional Services, Asset Management, Fintech, Partnership, C&I, Investment, Customers Bancorp, Football, Customer, Signature Bank, FDIC, Federal Deposit Insurance Corporation, Federal Reserve, Contact, Bank

Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), is furthering its commitment as a leading partner to the venture banking and startup communities through its sixth overall venture fund investment.

Key Points: 
  • Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), is furthering its commitment as a leading partner to the venture banking and startup communities through its sixth overall venture fund investment.
  • After submitting a winning bid to the Federal Deposit Insurance Corporation, Customers Bank purchased a minority limited partnership interest for $5 million in the fund at an approximate 70% discount to the original cost of investment.
  • “This investment further solidifies Customers Bank’s position as a leading partner to the venture community,” said Customers Bank president and CEO, Sam Sidhu.
  • Major accolades include:
    A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender.

Dime Announces Expansion in Williamsburg With Deposit-Focused Group

Retrieved on: 
月曜日, 5月 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: 
火曜日, 4月 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: 
月曜日, 4月 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: 
金曜日, 4月 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: 
金曜日, 4月 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: 
水曜日, 4月 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: 
月曜日, 4月 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: 
火曜日, 3月 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.