BNET Industries
Last Fiscal Year Sales:$1.7M
- Private
- US
Dow Jones Description
Signature Bank opened for business in 1996 to serve the financial needs of the individuals and businesses of the North Texas area. We are a locally owned and operated organization able to make decisions quickly and assist our customers in structuring the very best financial solutions. Our staff consists of 14 motivated, knowledgeable banking professionals who are dedicated to our customers and the community we serve. Members of our bank are involved in many charitable and civic organizations; and we view that involvement as an important element of our role as a community bank with a local heritage. The Bank's facility and prime location are outstanding resources, and our primary marketplace is expected to continue to experience long-term growth. Signature Bank is ideally positioned to be a part of this area's success. At year-end 2007 Signature Bank had total assets in excess of $84 million. Signature Bank offers all the modern conveniences of a larger financial institution, while emphasizing premier, high-touch customer service. We provide individual attention and product flexibility to best accommodate the needs of our clients. Our focus is on building lasting relationships, not merely on taking deposits or making loans. We fully recognize the competitive nature of this marketplace and realize our clients have many choices available, when it comes to their financial service needs. ...
Senior Vice President, Chief Financial OfficerChris Bachman
Number of Employees 14
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Signature Bank Appoints Barbara Von Borstel As Group Director And SVP - Quick Facts
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Signature Bank raises $134.55 million through public offering of common stock
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Signature Bank Names New Private Client Banking Team for Its Great Neck, N.Y. Office
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Signature Bank announces new appointments
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Signature Bank appoints seven new private client banking teams - Quick Facts
News & Analysis
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signature bank - All News and Analysis
Signature Bank Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first comes from Dave Rochester with FBR, go-ahead please. Dave Rochester – FBR Hey guys good morning. Joseph DePaolo Dave, good morning. Eric Howell Good morning, Dave. Dave Rochester – FBR Great quarter. It was really good to see the core deposit growth come...
Are Bank Stocks Buyable?
The crisis among financials in general and banks in particular is one of the worst-kept secrets around. Less clear, however, is an appropriate investment strategy. Market veterans have seen many groups over the years recover from many crises and know the time to buy is when things still look bleak....
New York City Real Estate: As Good As T-Bills?
Jeffrey Bernstein submits: Last year investors were touting New York City multi-family rental properties as being as low risk as T-bills, but with upside. The upside was to be generated by "repositioning." In many cases, this was code for throwing out rent-controlled/stabilized tenants and capturing the arbitrage versus free market...
Looking For Action? S&P 1500 Most Volatile Stocks
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Capital One: A Different Short Case
NC Trader submits: As if you needed another reason to get short Capital One Financial COF. For purposes of this discussion, I am going to ignore the Credit Card portfolio and its accelerating delinquencies and charge offs. I am going to ignore the HELOCs. I am going to ignore the...
Signature Bank F1Q08 (Qtr End 03/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Dave Rochester – Friedman, Billings, Ramsey. Dave Rochester – Friedman, Billings, Ramsey Just a general credit question to start off, it sounds like you’re not seeing any systemic weakness in your commercial business portfolio is that a fair assessment. Joseph...
Signature Bank Adds New Private Client Team to Its Lower Manhattan, N.Y. Office; Veteran Banking Team Joins Signature Bank from JPMorgan Chase
NEW YORK -- Signature Bank (Nasdaq:SBNY), a New York-based full-service commercial bank, announced today that it has recruited a new private client team, headed by Michael V. Nicolosi, who was appointed Group Director and Senior Vice President. Nicolosi, whose career with JPMorgan Chase and its predecessor banks spanned nearly...
Signature Bank Management to Open the NASDAQ Stock Market; Company Celebrates Listing on National Market
Business Editors NEW YORK--BUSINESS WIRE--June 7, 2004 Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that management will open the NASDAQ Stock Market on Wednesday, June 9, 2004 at 9:30 AM EDT. President and Chief Executive Officer Joseph J. DePaolo will preside over...
Manhattan's Signature Bank Launches Fundtech Cash Management Solution
Business Editors JERSEY CITY, N.J.--BUSINESS WIRE--Jan. 29, 2003 Signature Bank Leverages Fundtech Solution and Interface to Reap the Benefits of an Automated Cash Management Environment Fundtech Ltd. (NASDAQ: FNDT), a leading provider of global electronic payments, settlement and cash management solutions, announced today that Signature Bank...
Bank Hapoalim Shows Net Profits of $204 Million for 2001
Business Editors TEL AVIV, Israel--BUSINESS WIRE--March 21, 2002 The Bank Hapoalim Group's (LSE:BKHD)(TASE:POLI) financial statements for 2001 showed a decrease in net profit of 45.5% to $204 million, compared with $374.1 million in 2000. Net return on equity was 7.6% in 2001 compared to 15.1% in 2000....
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Chris Bachman | Senior Vice President, Chief Financial Officer |
| Norris E. Counts | Senior Vice President |
| Peter S Quinlan | Senior Vice President |
| Paul W Bailey | Founder |
| Joseph J Depaolo | Executive Officer |
| Michael R. Stoler | Senior Advisor |
| Stanley Kreitman | Senior Advisor |
| Alfred Delbello | Director |
| Ann F Kaplan | Director |
| Bill Beall | Director |
| Yacov Levy | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Scott A Shay | Chairman of the Board of Directors |
| Carol J Godsey | Board Member |
| Gary Byrd | Board of Directors |
| Jeffrey Meshel | Board of Directors |
| John Tamberlane | Vice-Chairman |
| Kathryn A. Byrne | Board of Directors |
| Todd Parnell | Vice Chairman of the Board of Directors |
Chris Bachman, Bad Axe, is a senior vice president, chief financial officer at Signature Bank. I am happy to have an opportunity to help make the future of our county brighter through philanthropic programs. The Huron County Community Foundation is a vehicle used to foster growth and enhance the richness of life in the area. Funds in the foundation are earmarked for scholarships, youth programs, social services, and environmental and historic preservation. These are all essential needs in a viable community. As a father of three children, I like being part of ensuring the quality of life for generations to come.
| Organization | Position | Status |
|---|---|---|
| Signature Bank | Senior Vice President, Chief Financial Officer | Current |
A Board Member since 1991, Mr. Counts is a veteran of the banking industry with more than 40 years experience, Currently, he is Senior Vice President with Signature Bank in St. Petersburg. His previous career titles include Chairman of the Board of Premier Community Bank; Founding Director, President and CEO of Marine Bank; and President and CEO of Flagship Bank of St. Petersburg.
| Organization | Position | Status |
|---|---|---|
| Signature Bank | Senior Vice President | Current |
| Pinellas County | Board of Directors | Current |
Peter S. Quinlan serves as Treasurer and Senior Vice President of Signature Bank, a role to which he was appointed in November 2006. In this capacity he manages the investment portfolio, interest rate risk and liquidity management functions of the institution. Prior to this appointment, he had been serving as Treasurer of Signature Bank. He also serves as the Chairman of the Company's Asset Liability Management Committee. Prior to joining Signature Bank, he was a divisional Chief Financial Officer of Bank Hapoalim, which he joined in September 2000. He also previously served as the Treasurer of Clarity Holdings and Clarity Bank as well as the Controller of First Trade Union Bank. Mr. Quinlan began his banking career with the Comptroller of the Currency (OCC) as an Associate National Bank Examiner.
| Organization | Position | Status |
|---|---|---|
| Signature Bank | Senior Vice President | Current |
| Signature Securities Group Corporation | Treasurer and Senior Vice President | Current |
| Bank Hapoalim | Chief Financial Officer | Former |
| Signature Bank | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Terra Construction Group, Inc. | Chief Financial Officer | Current |
| Signature Bank | Founder | Current |
| Maryville College | B.A. In Business Administration | Former |
| Graduate School of Banking | Former | |
| Com South, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Signature Securities Group Corporation | President and Chief Executive Officer | Current |
| Signature Bank | Executive Officer | Current |
| Signature Bank | Director | Current |
| Republic National Bank | First Vice President and Auditor | Former |
| Republic Financial Services | Director, Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Princeton Commercial Corporation | President | Current |
| Signature Bank | Senior Advisor | Current |
| The First American Corporation | Senior Advisor | Current |
| Princeton Commercial Corporation | Member of the Executive Committee, Board of Trustees, Budget and Investment Committee, Chairman | Current |
| NYU Medical Center | Board of Directors | Current |
| E-Tran, Inc. | Board of Directors | Current |
| Princeton Commercial Corporation | Member of the Executive Committee | Current |
| Princeton Commercial Corporation | Founder and Principal of Princeton Commercial Corporation | Former |
| AREA Property Partners | Senior Principal | Former |
| The New York Sun | Contributing Editor | Former |
| Long Island University | Bachelor of Science | Former |
| City University of New York | Former |
| Organization | Position | Status |
|---|---|---|
| Signature Bank | Senior Advisor | Current |
| Manhattan Associates, Inc. | Chairman | Current |
| Geneva Financial Corporation | Chairman | Current |
| Medallion Financial Corp. | Chairman | Current |
| The Corrections | Chairman | Current |
| CCA Industries, Inc. | Board of Directors | Current |
| National Franchise Acceptance, LLC. | Board of Directors | Current |
| Capital Lease Funding, Inc. | Board of Directors | Current |
| Century Bank | Board of Directors | Current |
| Arbinet-thexchange, Inc. | Board of Directors | Current |
| American Franchise Acceptance, LLC | Board of Directors | Current |
| Signature Bank | Director | Current |
| New York Institute of Technology | Chairman of the Board | Former |
| Medallion Funding Corp. | Vice Chairman | Former |
| Geneva Financial Corporation | Board of Directors | Former |
| Medallion Financial Corp. | Director | Former |
| New York Institute of Technology | doctorate of laws | Former |
| New York University | A.B. | Former |
Scott Shay has been involved in the investment banking industry since 1980. Among his recent achievements, Scott has overseen the creation and development of Signature Bank in New York, where he is also the chairman. Scott is also a partner of Hyperion Partners and Managing Director of Ranieri & Co, Inc. Prior to joining Ranieri & Co/Hyperion Partners, Scott served as a director and a senior member of the mergers and acquisitions department of Salomon Brothers Inc. Scott has played a very active role on the board of SuperDerivatives since the very early stages of the company.
| Organization | Position | Status |
|---|---|---|
| Ranieri Ltd | Managing Director | Current |
| Hyperion Partners LP | Managing Director | Current |
| Signature Securities Group Corporation | Chairman of the Board | Current |
| Signature Bank | Chairman of the Board of Directors | Current |
| Allied Healthcare International Inc. | Board of Directors | Current |
| Superderivatives, Inc. | Board of Directors | Current |
| Signature Bank | Founder | Former |
| Hyperion Partners LP | Partner | Current |
| Bank Hapoalim | Director | Former |
| Bank United | Director | Former |
| Salomon Brothers Inc. | Senior Member | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Westchester Land Trust | Board of Directors | Current |
| The Westchester County Association Inc. | Board of Directors | Current |
| Signature Securities Group Corporation | Director | Current |
| Organization | Position | Status |
|---|---|---|
| The Bond Market Association | Chair | Current |
| Financial Guaranty Insurance Company | Director | Current |
| Signature Bank | Director | Current |
| Signature Securities Group Corporation | Director | Current |
| The American National Red Cross | Board of Directors | Current |
| The Bond Market Foundation | Board of Directors | Current |
| The Goldman Sachs Group, Inc. | General Partner | Former |
| Goldman, Sachs & Co. | General Partner | Former |
| Columbia University | Adjunct Professor of Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Bill Beall Co., Inc. | Owner | Current |
| Signature Bank | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Am-Biz.Com | Co-Founder and Managing Member | Current |
| Am-Biz.Com | Professional Business Consultant (Pbc), ABC Advocates Business, Consultants, Inc | Current |
| International Business Brokers Association | Board of Directors | Current |
| Signature Bank | Board Member | Current |
| UAL Corporation | Flight Attendant | Former |
Mr. Byrd is President and Chief Executive Officer of Pratt Financial Services, the U.S. investment affiliate of the Pratt family-owned multinational packaging company. Mr. Byrd oversees the firm's private equity fund, which specializes in community banks. Joining the Pratt family in 1988, Mr. Byrd was instrumental in spearheading the core packaging company's U.S. growth strategy, completing 16 acquisitions during his 15 year career with Pratt, the last 7 as CEO. Prior to joining forces with Pratt, Mr. Byrd was an investment banker with Security Pacific Bank for 14 years. He held a number of increasingly responsible positions, including Vice Chairman, Senior Loan Committee, and head of the Leverage Buyout Group. He founded and was head of the Mergers And Acquisitions Group prior to his departure. Mr. Byrd holds a Bachelors of Business Administration from the College of William and Mary and a Masters of Business Administration from U.C.L.A.
| Organization | Position | Status |
|---|---|---|
| Pratt Financial Services, Inc | Chief Executive Officer | Current |
| Pratt Financial Services, Inc | President | Current |
| Republic Bank | Board of Directors | Current |
| Midtown Bank & Trust Company | Board of Directors | Current |
| Signature Bank | Board of Directors | Current |
| Governors | Board of Directors | Current |
| Magnetbank | President and Chief Executive Officer, Pratt Financial Services | Former |
| Security Pacific Bank | Investment Banker | Former |
| Security Pacific | Former | |
| University of California, Los Angeles | Masters of Business Administration | Former |
| College of William & Mary | B.A. in Finance | Former |
Jeffrey W. Meshel is president and co-founder of Mercury Capital Corporation, Mercury Properties and Mercury Equity Group. Mr. Meshel has over twenty years experience in the acquisition, management and lending on residential and commercial real estate.
| Organization | Position | Status |
|---|---|---|
| One Phone Call Away | President and Co-Founder of Mercury Capital Corporation, Mercury Properties and Mercury Equity Group | Current |
| Medianet Group Technologies, Inc. | President and Co-Founder of Mercury Capital Corporation, Mercury Properties and Mercury Equity Group | Current |
| Mercury Capital Corp. | President | Current |
| Mercury Capital Corp. | Co-Founder | Current |
| Signature Securities Group Corporation | Director | Current |
| Signature Bank | Board of Directors | Current |
| New York University | Bachelors of Science in accounting and finance | Former |
| Organization | Position | Status |
|---|---|---|
| Signature Securities Group Corporation | Vice Chairman and Director | Current |
| Signature Securities Group Corporation | Director | Current |
| Signature Bank | Vice-Chairman | Current |
| Signature Bank | Director | Current |
| Bankers Trust Company Inc. | Former | |
| Republic National Bank | Director | Former |
Kathryn A. Byrne, CPA, was named to the board of directors of Signature Bank in December 2005. She currently serves as the partner in charge of the international services group at Weiser, LLP, a New York City-based accounting and consulting firm. Byrne has more than 18 years of experience in providing accounting, auditing, tax and consulting services to domestic and foreign corporations across various industries.
| Organization | Position | Status |
|---|---|---|
| Weiser Llp | Partner | Former |
| Signature Securities Group Corporation | Director | Current |
Interim President of Drury University in Springfield, Missouri and Executive Director of Drury's Edward Jones Center for Entrepreneurship and Innovation. Parnell is the Vice Chairman of the Board of Directors for The Signature Bank, now BancorpSouth, in Springfield, Missouri. He authored Postcards from Branson: A Century of Family Reminiscence, Mom at War, The Buffalo, Ben and Me (forthcoming). Parnell is a trustee for the Nature Conservancy and Board Member for the Springfield/Branson Regional Airport, James River Basin Partnership, Springfield Area Chamber of Commerce, the Community Foundation of the Ozarks and the Missouri Bankers Association. Parnell is a founding member of the Upper White River Basin Foundation.
| Organization | Position | Status |
|---|---|---|
| Signature Bank | Vice Chairman of the Board of Directors | Current |
| Upper White River Basin Foundation | Treasurer | Current |
| The Community Foundation | Board Member | Current |
| Upper White River Basin Foundation | Member | Current |
| Organization | Position | Status |
|---|---|---|
| Signature Securities Group Corporation | Director, Signature Bank | Current |
| Signature Bank | Director | Current |
| Signature Securities Group Corporation | Director | Current |
Executive News
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Arbinet Announces Results of 2009 Annual Meeting and Board Appointments
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Arbinet Announces Results of 2009 Annual Meeting and Board Appointments
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Arbinet Announces Results Of Annual Shareholder Meeting - Quick Facts
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Arbinet Announces Results of 2009 Annual Meeting and Board Appointments
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Arbinet Announces Results of 2009 Annual Meeting and Board Appointments
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Signature Bank to Close the NASDAQ Stock Market
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Signature Bank to Close the NASDAQ Stock Market
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NY show heralds talent, deeds of Wall Street women
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Signature Bank Completes Public Offering
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Signature Bank Names New Private Client Banking Team for Its Great Neck, N.Y. Office
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Signature Bank announces new appointments
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Signature Bank Appoints Seven Additional Private Client Banking Teams
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