Sterling Overview 4th Quarter - 2020

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 .

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 .

Sterling Advantage

• Relationship-driven , single point of contact

• Comprehensive array of solutions and services

• High-performance , execution based culture

• Strong asset quality and capital ratios

Diversified Balance Sheet

Total Portfolio Loans : $ 21.8 Billion

49.8 %

8.3 %

13.4 %

28.5 %

Total Deposits : $ 23.1 Billion

35.1 %

8.6 %

11.3 %

21.5 %

23.5 %

As of December 31 , 2020

Traditional C & I Commercial Finance Commercial Real Estate Consumer

Interest Bearing DDA Non-Interest Bearing DDA Savings MMDA CDs

12 / 31 / 20

Sterling National Bank Capitalization Ratios

0 % 4 % 8 % 12 % 16 %

Common Equity Tier 1 Tier 1 Capital Total Capital Tier 1 Leverage

• Ticker Symbol : STL ( NYSE )

• Employees : ( FTE ): 1,460

• Market Capitalization : $ 3.5B

• Total Assets : $ 29.8B

• Total Portfolio Loans : $ 21.8B

• Total Deposits : $ 23.1B

• Operating Efficiency Ratio : 43.0 %

11.33 %

• 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 ”

13.38 %

13.38 %

Regulatory requirement level for “ well capitalized ”

At a Glance - 4Q2020

14.73 %