Signature Bank


Signature Bank ACH Number: 026013576

Signature Bank is an FDIC insured institution headquartered at 565 5th Ave, New York, NY 10017.
It was founded in 2001 and has approximately $116 billion in assets. Customers can open an account at one of its 32 branches.

Deposit Rates - April 20, 2024

Public Note:

Bank placed under FDIC receivership on Mar 12, 2023.

March 13, 2023

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57053
Date Established 2001
Assets $ 115.97 billion
Loans $ 74.39 billion
Deposits $ 88.61 billion
Capital $ 8.01 billion

Financial Note

Bank placed under FDIC receivership on March 12, 2023.


Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 6.06 billion
Interest-bearing balances $ 5.86 billion
Total securities $ 26.15 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 74.39 billion
Loan loss allowance $ 489.86 million
Trading account assets $ 60.44 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.06 million
All other assets $ 2.39 billion
     Total Assets $ 102.35 billion

LIABILITIES
Total deposits $ 88.61 billion
      Interest-bearing deposits $ 57.01 billion
      Deposits held in domestic offices $ 88.61 billion
      % insured (estimated) 10.70%
Federal funds purchased and repurchase agreements $ 150.00 million
Trading liabilities N.A.
Other borrowed funds $ 1,574.52 million
Subordinated debt $ 571.64 million
All other liabilities $ 1,499.32 millionn
      Total Liabilities $ 102.35 billion
      Shareholders’ Equity $ 13.62 billion

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 3.55 billion
Total Interest Expense $ 1,015.19 million
Net interest income $ 2.54 billion
Provision for loan and lease losses $ 78.77 million
Total non interest income $ 155.25 million
Total non interest expense $ 862.38 million
Pre-tax Net Operating Income $ 881.41 million

Signature Bank's History

Bank placed under FDIC receivership on March 12, 2023.

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