Sterling Overview 1st Quarter - 2021

Expect Extraordinary

Customized . Insightful . Dedicated . Sterling National Bank is a full-service commercial bank with offices in New York City , the Hudson Valley , Long Island and New Jersey focused on providing solutions to middle-market companies nationwide .
Sterling Advantage
• Relationship-driven , single point of contact
• Comprehensive array of solutions and services
03 / 31 / 21
Sterling National Bank Capitalization Ratios
11.76 %
14.04 %
14.04 %
15.42 %
CORPORATE BANKING SOLUTIONS DELIVERED THROUGH A SINGLE POINT OF CONTACT WHO UNDERSTANDS YOUR BUSINESS
At Sterling National Bank , we meet the needs of small and mid-sized businesses by building strong relationships with our clients . Our experienced bankers are fully vested in your success . They go farther , look deeper , and work more intensely to help you achieve your business objectives .
We apply deep expertise across a range of industries to provide you with the utmost in personalized service . Each client is matched with a dedicated group of financial professionals , led by a relationship manager , who acts as a single point of contact for delivering customized solutions , as well as insights and ideas on meeting your business objectives .
Because strong relationships are the foundation of our banking philosophy , you can be confident the guidance you receive comes from extensive knowledge of your business , industry , and marketplace , as well as a genuine desire to help you succeed .
• High-performance , execution based culture
• Strong asset quality and capital ratios
Diversified Balance Sheet
Total Portfolio Loans : $ 21.2 Billion
Total Portfolio Loans : $ 21.2 Billion 7.8 % 13.6 %
52.2 % 52.2 %
7.8 %
13.6 % 26.4 % 26.4 %
Total Deposits : $ 23.8 Billion
Traditional C & I
Traditional
Commercial C Finance & I Commercial Finance Real Estate
Commercial Consumer Real Estate Consumer
Total Deposits : $ 23.8 Billion
7.4 %
21.5 %
Interest Bearing DDA
35.9 %
7.4 %
21.5 %
Non-Interest Bearing Bearing DDA DDA
Non-Interest
Savings Bearing DDA
35.9 %
23.9 %
Savings
MMDA
11.3 %
23.9 %
MMDA
CDs
CDs
11.3 %
As of March 31 , 2021
0 % 4 % 8 % 12 % 16 %
Common Equity Tier 1 Tier 1 Capital Total Capital Tier 1 Leverage
• Ticker Symbol : STL ( NYSE )
• Employees : ( FTE ): 1,457
• Market Capitalization : $ 4.4B
• Total Assets : $ 29.9B
• Total Portfolio Loans : $ 21.2B
• Total Deposits : $ 23.8B
• Operating Efficiency Ratio : 44.3 %
Regulatory requirement level for “ well capitalized ”
At a Glance - 1Q2021
• Capital Ratios : In excess of regulatory minimums for “ well capitalized ”
• Bank Kroll Bond Rating on deposits and debt of A-
Ranked by Forbes ’ 2021 “ America ’ s 100 Best Banks ”
$ 50
$ 40
$ 30
$ 20
$ 10
$ 0
Provident Bank
$ 2,919MM
2011Q1 2011Q2
2011Q3
Gotham Bank of New York
$ 430MM
© 2021 Sterling National Bank
Sterling Bancorp
$ 2,751MM
2011Q4 2012Q1
2012Q2 2012Q3
2012Q4 2013Q1
2013Q2 2013Q3
Total Asset Growth ($ in billions ) Through Successful Organic Growth and Targeted M & A
Hudson Valley Holding Corp .
$ 3,120MM
NewStar Business Credit LLC
$ 330MM
Astoria Financial Corporation
$ 14,559MM
2013Q4 2014Q1
2014Q2 2014Q3
2014Q4 2015Q1
2015Q2 2015Q3
2015Q4 2016Q1
2016Q2
2016Q3
Advantage Funding
Transportation Financing & Leasing Specialists
$ 457MM
Santander
Equipment Finance Portfolio Woodforest National Bank
$ 843MM
Specialty Finance $ 504MM
2016Q4 2017Q1
2017Q2 2017Q3
2017Q4 2018Q1
2018Q2 2018Q3
2018Q4 2019Q1
2019Q2 2019Q3
2019Q4 2020Q1
2020Q2 2020Q3
On April 19 , 2021 , it was announced that Sterling National Bank is merging with Webster Bank .
2020Q4 2021Q1