Flagstar Bank, N.a. · NYSE:FLG
Flagstar Bank, N.a — New York Community Bancorp — Merger or Acquisition (March 2023)
10 slides from Flagstar Bank, N.a's merger presentation, Mar 20, 2023
Slide 1: Flagstar Bank has Acquired Select Assets and Assumed Select Liabilities of Signature Bridge Bank
Flagstar Bank has Acquired Select Assets and Assumed Select Liabilities of Signature Bridge Bank from the FDIC March 20, 2023 Exhibit 99.2
Slide 2: Acquired Select Assets and Assumed Certain Liabilities of Signature Bridge Bank from the FDIC
Acquired Select Assets and Assumed Certain Liabilities of Signature Bridge Bank from the FDIC Assets Cash 25,044 Investment Securities - Total Cash & Securities 25,044 Gross Loans HFI 12,870 Loan Loss Reserves - Total Net Loans 12,870 Goodwill & Intangibles - Other Assets 510 Total Assets 38,423 Lia
Slide 3: Enhances NYCB Commercial Lending Platform by Adding New Verticals
Enhances NYCB Commercial Lending Platform by Adding New Verticals Adds Traditional C&I, Signature Financial, Healthcare Banking and SBA Experienced relationship managers will be additive to NYCB platform Continues build-out of commercial banking platforms Strategic Rationale Significantly Strengthen
Slide 4: Significantly Strengthens Flagstar's National Reach with Locations in Attractive Commercial Banking Markets
Significantly Strengthens Flagstar’s National Reach with Locations in Attractive Commercial Banking Markets FL AZ CA NY MI OH IN WI NC Acquired Locations 29 New York 7 California NYCB Branches (395) Acquired Branches (40) Transaction adds a meaningful number of highly productive commercially focused
Slide 5: Significantly Strengthens Deposit Base and Lowers the Loan / Deposit Ratio
Significantly Strengthens Deposit Base and Lowers the Loan / Deposit Ratio Deposits: $58.7Bn Cost of Deposits: 1.65% Loans / Deposits: 118% Pro Forma Deposits: $34.0Bn Cost of Deposits: 2.09% Loans / Deposits: 38% Deposits: $92.7Bn Cost of Deposits: 1.81% Loans / Deposits: 88% Acquisition of All Dep
Slide 6: Lending Platforms Acquired Provide Further Opportunities to Diversify Loan Mix
Lending Platforms Acquired Provide Further Opportunities to Diversify Loan Mix Lending Platforms What We Received Description Loan Balance ($Bn) 1 Traditional C&I Traditional C&I Assets Sits within the private bank. Lines of credit to accounting, law firms, entertainment companies, manufacturers and
Slide 7: Adds Incremental Commercial Lending Verticals
Adds Incremental Commercial Lending Verticals Loans: $69.0Bn Pro Forma Loans: $12.9Bn Loans: $81.9Bn Acquired Traditional C&I, Signature Financial, Healthcare, Mortgage Warehouse and SBA Based on NYCB information as of 12/31/2022. Based on Signature information as of 3/17/2023 as provided by the FDI
Slide 8: Integration Plan
Integration Plan Office location network will be integrated into Flagstar’s banking network Convert Signature locations to Flagstar’s platform; process identical to prior conversions Combine Flagstar’s and Signature’s industry-leading sales and service culture Optimize staffing in the offices NYCB w
Slide 9: Key Takeaways
Key Takeaways Significantly Strengthens NYCB’s Deposit Base and Funding Profile Enhances NYCB Commercial Lending Platform by Adding New Verticals Adds a Significant Number of Highly Productive Private Client Banking Teams Represents a Financially Attractive Transaction Opportunistic Transaction that
Slide 10: Cautionary Statements Regarding Forward-Looking Information
Cautionary Statements Regarding Forward-Looking Information This investor presentation may include forward‐looking statements by New York Community Bancorp, Inc. (the “Company”) and our authorized officers pertaining to such matters as our goals, intentions, and expectations regarding revenues, earn
New York Community Bancorp — Merger or Acquisition (March 2023) on 6ix