Business Wire (October 30, 2008)
Financial report
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Business
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Signature Bank Reports 2008 Third Quarter Results.
* Net Income for the Quarter Was $9.2 Million, or $0.29 Diluted Earnings Per Share; Excluding the After-Tax Effect of an $8.0 Million Other Than Temporary Impairment Write-Down on a Single Lehman Brothers Senior Debenture, Net Income for the 2008 Third Quarter Was $13.6 Million, or $0.44 Diluted Earnings Per Share, Versus Net Income of $10.7 Million or $0.36 Diluted Earnings Per Share for the 2007 Third Quarter
* Deposits Grew $99.2 Million in the Third Quarter, Totaling $4.97 Billion; Includes Core Deposit Growth of $141.0 Million and a Decrease of $41.8 Million in Short-term Escrow Deposits * Loans Rose $377.4 Million, or 13.9 Percent, to $3.08 Billion for the Quarter; Growth Attributed to Commercial Real Estate and Multi-Family Loa...Try vLex for FREE for 3 days
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