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Service

Another year. Another milestone.It’s hard to believe we will be celebrating our 15th anniversary in 2017. We opened on April 2, 2002, with an excited staff of 22 people. Just a small group, a startup. But it was a startup with a strong foundation – a foundation of service.

Now, a decade-and-a-half later, it seems the more we stay the same, the more we continue to make a difference – for our shareholders, our clients and our community. It’s amazing such a simple concept has brought together so many people and been the catalyst for so many rewarding experiences, relationships and success stories.

A lot has changed in 15 years, from economic ups and downs to technological advancements that allow banking to adapt to our fast-paced lives. But it all comes back to that one core concept: service. Simply compare Survey comments from our first year of business to our 15th – and all the years in between – and the theme is unquestionably consistent. It’s our foundation of service to our clients that drives our results.

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This past year, as we’ve accomplished every year since 2002, we were able to grow our assets, our net income and our stock value. Our total assets grew by $66 Million in 2016, reaching $778 Million. Both our loans and deposits increased this past year – our loan portfolio grew by $32 Million, and our deposits grew by $70 Million. Our loan quality remains strong with minimal losses and a limited amount of non-performing loans. With our strong base of non-interest bearing deposits, we are well positioned to fund anticipated loan demand in an improving economy.

Net income grew by 14% compared to last year, totaling $7.9 Million in 2016. Loan growth and prudent management of our overhead expenses were the primary factors for our net income growth. Finally, our balance sheet and net income growth resulted in a 13.7% increase in our share value.

We are pleased to announce the stock value (based on an independent valuation by ProBank Austin, LLC) reached $83 per share – an increase of $10 per share from last year. The price appreciation, combined with the cash dividend of $1.20 per share, yielded a total return on your investment of 15.3% in 2016.

As we prepare to celebrate our 15th anniversary, we would like to recognize the support from our employees, our shareholders and our community. To demonstrate our appreciation and commitment to all of our stakeholders, we have established a Donor Advised Fund at the Toledo Community Foundation. The fund will be a vehicle for financial support of our non-profit community partners for many years into the future.

To our shareholders, our clients, our employees and our entire community, we thank you for providing us the resources and opportunities to build relationships and make a difference in our community. We will always be here to assist you with local, professional insights and a unique personal touch: Service. Forever our Signature.

Richard J. BrunnerCHAIRMAN & CHIEF EXECUTIVE OFFICER

David A. ReedPRESIDENT

F O R E V E R O U R S I G N A T U R E

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519570

599

626

696

2012 2013 2014 2015 2016

T O T A L D E P O S I T S$ in millions

M A R K E T V A L U Eprice per share

2012 2013 2014 2015 2016

$61.00$56.00

$66.00

$73.00

$83.00

N E T I N C O M E$ in thousands

2012 2013 2014 2015 2016

6,154

6,207 6,941

7,900

5,494

T O T A L L O A N S$ in millions

467503

563

618

650

2012 2013 2014 2015 2016

$ in millions

592

646

678712

777

2012 2013 2014 2015 2016

T O T A L A S S E T S

15 years of safe, sound, profitable growth

It’s our foundation of service to our clients that drives our results.

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1 Market Value is determined annually by Austin Associates, LLC., an independent consulting firm experienced in stock valuations of commercial banks and bank holding companies.

$ I N T H O U S A N D S , E X C E P T P E R S H A R E D ATA

2016 2015 2014

R E S U L T S O F O P E R A T I O N S Interest Income $27,630 $25,180 $23,821 Interest Expense $2,373 $2,001 $2,248 Net Interest Income $25,257 $23,179 $21,573 Provision for Loan Losses $360 $365 $275 Non-Interest Income $1,369 $1,304 $1,106 Non-Interest Expense $14,561 $13,652 $13,100 Pre-Tax Income $11,705 $10,466 $9,304 Income Tax Expense $3,805 $3,525 $3,097 Net Income $7,900 $6,941 $6,207

P E R I O D E N D T O T A L STotal Assets $777,646 $712,000 $678,591 Total Loans $650,236 $617,813 $562,629 Allowance for Loan Losses $7,044 $6,748 $5,993 Total Deposits $696,121 $626,409 $599,137 Stockholders’ Equity $79,397 $72,472 $66,552

P E R S H A R E D A T ABasic Earnings $5.79 $5.12 $4.63Fully Diluted Earnings $5.72 $5.06 $4.57Book Value $58.09 $53.36 $49.43 Market Value1 $83.00 $73.00 $66.00

P E R F O R M A N C E R A T I O SReturn on Average Assets 1.03% 1.00% 0.94%Return on Average Equity 10.40% 10.02% 9.73%Net Interest Margin 3.36% 3.39% 3.31%Efficiency Ratio 54.17% 55.78% 57.76%

A S S E T Q U A L I T Y R A T I O SNon-Performing Assets/OREO to Loans 0.03% 0.15% 0.14%Net Charge-Offs to Average Loans 0.01% -0.07% - 0.05%Allowance for Loan Losses to Loans 1.08% 1.09% 1.07%

C A P I T A L R A T I O STotal Risk-Based Capital 12.1% 11.7% 12.7%Tier 1 Risk-Based Capital 11.1% 10.7% 11.6%Tier 1 Leverage Capital 10.0% 10.0% 9.8%

2016

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. . .O N E C O N S I S T E N T T H E M E

ServiceSignatureyears of

“Your organization’s commitment to service is evident in every

transaction!”

“The people are responsive. To think it all happens from one local office.

Amazing.”

“No matter what we ask for, Signature Bank

finds a way to make it happen – with an enthusiastic ‘I want to do this for you’

attitude!”

“The professionalism & friendliness & abilities of every single bank employee I have come

into contact with makes Signature excel over any other banking institutions.”

“Thank you for the speedy, courteous, efficient service you give to us as your clients. It is OUR pleasure to be

doing business with Signature Bank.”

2007

2005

2004

2003

2006

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. . .O N E C O N S I S T E N T T H E M E

“We want to deliver the same level of service as Signature.”

“Good products, but most importantly, it’s a caring and hard working staff. Core banking

services are great – keep it simple.”

“Everyone is ALWAYS willing to go the extra mile to make my life easier and everyone

ALWAYS has a smile. So pleasant to deal with your banking staff. And we LOVE our courier.”

“The commitment to service is remarkably consistent. My thanks

to all who make my banking experiences so thoroughly easy,

comfortable and enjoyable.”

“Signature Bank has been the friendliest and most responsive bank we have ever worked

with. The bank has gone above and beyond to support the work of our nonprofit agency and make our services affordable to those in need.”

“Above and beyond. The best bank I’ve ever worked with. Simple

process. Great people.”

“I couldn’t have asked for anything more. When I realized I had not initiated my direct deposits for payroll, I didn’t know

what to do. Signature Bank streamlined a 3-day transaction into a matter of hours to ensure my 300 employees would be paid on time. You told us that ‘service is your signature’ and this

experience definitely made me a believer.”

“Terrific attention to detail and excellent customer service. It is refreshing to be doing business with a

true community bank.”

“Quality service, quality people! Always nice to speak with an actual person instead of an automated service.”

2016

20152014

2013

20122011

2010

20092008

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Barbara A. Berebitsky Senior Vice President

Richard J. BrunnerChairman & CEO

Scott S. Michalak Executive Vice President

Susan E. MorganSenior Vice President

David A. ReedPresident

Carol A. SavageExecutive Vice President

Robert D. ShamySenior Vice President

John S. SzuchExecutive Officer

David L. BishopPresident & CEO;Matrix Technologies, Inc.

Richard J. BrunnerChairman & CEO;Signature Bancorp, Inc.

Bruce M. DenmanPresident;Maumee Machine & Tool Corporation

Michael J. FischerFounder;Fischer Tool & Die Corporation

John J. Gorski President and CEO;NAMSA

Kathryn S. HoopsVice President, Controller andDirector of Tax;HCR ManorCare

Matthew B. KripkePresident;Kripke Enterprises, Inc.

Gus J. MancyPartner;Mancy’s Restaurant Group

Scott S. MichalakExecutive Vice President; Signature Bancorp, Inc.

David A. ReedPresident;Signature Bancorp, Inc.

Carol A. SavageExecutive Vice President;Signature Bancorp, Inc.

C. Michael SmithChairman;The Mannik & Smith Group, Inc.

R. Jeffery Stephens, DDSPeriodontist

John S. SzuchExecutive Officer;Signature Bancorp, Inc.

We will always be here to assist our clients with local, professional insights and a unique personal touch.

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Board of Directors

Management Team

John H. AchingerCourier Driver

Kimberly M. AchingerLending Coordinator

Julie A. AlbringDeposit Operations/ Call Center Manager

Esther A. AmelingLoan Documentation Specialist

Melissa K. AndersonPortfolio Administrator

Andrew BabulaCourier Driver

Louise M. BaumgartnerLockbox/Asst. Transaction Coordinator

Lisa M. BeiningBank Secrecy Act Officer

Melissa A. BellOfficer – Client Development

Donald L. BinghamCourier Driver

Kimberly M. BirtLockbox/Transaction Coordinator

Bruce R. BischoffCourier Driver

Emily N. BurkertCard Services Coordinator

Brian M. CarderCourier Driver

Gretchen M. CarterHuman Resources Assistant

Beth L. CharvatAssistant Vice President – Client Development

Beverly D. CollinsLockbox/Proof Coordinator

Kevin P. CoulterVice President – Information Technology

William T. CulbertsonVice President – Client Development

Jacob K. DiegelAssistant Transaction Coordinator

Christina A. DiolettiElectronic Banking Coordinator

Kenneth L. DubendorferCourier Driver

Sara L. DuncanElectronic Banking Coordinator

Eugene T. EnglishCredit Analyst

Nancy L. FeltzVice President – Credit Administration

Amy L. FleckAdministrative Office Manager

Chad T. FrankCredit Analyst

Krystal A. Freyre-MartinezAssistant Transaction Coordinator

Lauren A. FrickLockbox/Proof Coordinator

Alison K. FryeVice President – Client Development

Andrea M. GibbonsVice President – Client Development

Shane A. GibsonController

Jeremy T. GryczaVice President – Information Technology

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Our Team

LaVonna A. HicksTransaction Coordinator

Jami M. HillACH/Wire Transfer Coordinator

Alex W. HinzCourier Manager

Susan K. HughesLoan Documentation Specialist

Dorothea A. HunyorAccounting Associate

Roy W. HutcheisonOfficer – Client Development

Craig A. JablonskiAssistant Vice President – Electronic Banking Manager

Chad L. JacobsAssistant Loan Operations Manager

Sudesh K. JindalTransaction Coordinator

Katie R. JohnsonACH/Wire Transfer Coordinator

Judy S. KameleskyTelephone Receptionist

Joseph P. KarchCourier Driver

Carol A. KimballLoan Operations Manager

Jessica N. KochTransaction Coordinator

James D. KolasinskiACH/Wire Transfer Coordinator

M. JoAnn KowalewskiLoan Operations Clerk

Emily M. KrewsonLockbox/Proof Coordinator

Kimberlee R. LarbergVice President – Client Development

Jenny M. LatendresseOfficer – Client Development

Nathan J. LattaTechnical Support Coordinator

Shannon M. LeamonCard Services Coordinator

Steven D. LeamyVice President – Client Development

Debora A. LeslieLockbox/Transaction Coordinator

Kathi L. LykeExecutive Administrator

Julie A. MajchrowskiElectronic Banking Coordinator

Kenneth W. MasonCourier Driver

William C. McNealPortfolio Manager

Carl R. MillerCourier Driver

Daniel H. MillerCredit Analyst

Melanie K. MooreCard Services Coordinator

Michelle L. MorawskiCard Services Coordinator

Chase L. NelsonCredit Analyst

Diana L. NewlandLockbox Coordinator

Richard W. NewlandCourier Driver

Richard L. NewtonTechnical Support Coordinator

Thomas J. PalmerCourier Driver

Frederick W. PeaseCourier Driver

Dan W. PennywittCourier Driver

Kristin M. PersianiDeposit Services Coordinator

Stephanie K. PetersenClient Service Representative

Pamela D. PiddockTelephone Receptionist

Clinton D. ReinboltCredit Analyst

Shanaz C. RomstadtItem Processing Officer

Ronald C. RoushCourier Driver

Lori B. Schoch-MannOfficer – Human Resources

Joshua J. SchuylerVice President – Client Development

Robert E. SearfossCourier Driver

Kimberly A. ShafferVice President – Credit Administration

Barbara A. ShounConcierge/Receptionist

Tiffany J. SmithSenior Transaction Coordinator

Archie D. StammSenior Vice President – Chief Compliance Officer

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ServiceF O R E V E R

O U R S I G N A T U R E

1 5 Y E A R S

Julie M. StrickDeposit Administrator

Jason C. SturdavantElectronic Banking Coordinator

Daniel W. SwansonSystems Operator

Jonathan W. TerryOfficer – Credit Administration

Charles J. ThomasCourier Driver

Kristen B. ThomassonTransaction Coordinator

Ryan J. ThompsonVice President – Client Development

Nicole L. TuckDeposit Services Manager

James TuckerDeposit Services Coordinator

Amanda J. ValasekLockbox/Transaction Coordinator

James D. Vischer Courier Driver

Gary P. WaltersCourier Driver

Nicole A. WaltersTelephone Receptionist

John M. WarrenCourier Driver

David E. WeaverCourier Driver

Christopher A. WelencOperations Coordinator

Andrew S. WenlandClient Development Representative

Tonia M. WhiteLockbox Coordinator

Jessica L. WillingerAdministrative Assistant

Amanda K. WilsonDeposit Services Coordinator

Brandon M. Wilson Assistant Manager – Electronic Banking

Shelly A. WoodAdministrative Assistant

Michael W. WrayCourier Driver

Amanda E. YoungAssistant Manager – Card Services

Diane C. YounkerBank Secrecy Act Analyst

Janet M. ZoltanskiLockbox/Proof Coordinator

Cinda J. ZuccarellVice President – Operations

“Signature has been a great partner for our growing company. We have nothing but compliments for the entire staff!!”

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4607 W. Sylvania Ave. | Toledo, Ohio 43623 | (419) 841-7773www.signaturebankna.com