Signature Bank LogoNew York City-based Signature Bank is a full-service commercial bank with 21 private client offices in and around New York City. Signature Bank considers its niche market to be privately owned businesses in and around the Metro New York area. Signature bank recently completed a public offering of its shares, and net proceeds from the sale were $148 million. On November 13, Signature received preliminary approval for $120 million under the Treasury’s Capital Purchase Program.

 

 

 

 

 

 

 

Signature received the funds on December 12, 2008, and paid them back in full on March 31, 2009.


 
 
►Financial Documents

2008-10-30 Signature Bank 8-K

2008-09-30 Signature Bank 10-Q

2008 Signature Bank Proxy

2007 Signature Bank Annual Report

►Federal contracts

No federal contracts found

►Lobbying reports (if any)

Third Quarter 2008
 
No lobbying records found

►Political Contributions

Center for Responsive Politics  (Last Accessed 11/18/08).

►Related Articles

November 17, 2008 List Of Cos Planning To Participate In US Govt's TARP CNNMoney

November 15, 2008 Signature taking $120M in bailout cash Crain's New York Business

November 12, 2008 New bank muscles way onto Staten Island Staten Island Advance

Bailout Bank Bio: Signature Bank

 

Federal Equity Investment

$120 million

Total Revenue

$331.755 million (2007)

Net Income

$27.279 million (2007)

Number of Employees

501

Corporate Headquarters

New York, New York

Business Sector

Financial

Officers and Directors

Scott A. Shay, Chairman of the Board
Joseph J. DePaolo, President, Chief Executive Officer, Director
Eric R. Howell, Chief Financial Officer, Senior Vice President
Mark T. Sigona, Executive Vice President, Chief Operating Officer
Michael J. Merlo, Executive Vice President and Chief Credit Officer

Corporate Website

http://www.signatureny.com/

Executive Compensation

Unable to locate

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RELATED ARTICLE
TCS Statement on the House Continuing Resolution

 

 

 

 

 

 

 

Last Updated November 18, 2008

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