Sterling Bancorp ( STL)

Q3 2011 Earnings Conference Call

October 20, 2011 10:00 AM ET


Ed Nebb – IR

John Millman – President and CEO

John Tietjen – EVP and CFO


Lana Chang – BMO Capital Markets

Damon Delmonte – KBW

Dave Peppard – Janney

Aaron Bran – Stifel Nicolaus



Ladies and gentlemen, thank you for standing by, and welcome to the Sterling Bancorp’s 2011 third quarter conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session instructions will be given at that time. (Operator Instructions). And as a reminder, this conference is being recorded.

And I would now like to turn the conference over to your host Mr. Ed Nebb, Investor Relations for Sterling Bancorp. Please go ahead.

Ed Nebb

Thank you, Ruth and good morning everyone. Our news release announcing Sterling’s third quarter 2011 results was issued today prior to the market open. We hope you’ve had the opportunity to review it. The release is available on the company’s website at

Before turning to the discussion of financial results, let me remind you that any comments made today about future financial position or results, dividends, plans and objectives or other future events are forward-looking statements under the Securities Exchange Act of 1934. Actual results may differ substantially from such forward-looking statements.

The amounts of any dividends in fourth quarter 2011 and beyond will depend on the company’s future results of operations, financial condition and other relevant factors. And a discussion of the factors that could cause actual results to vary is contained in Sterling’s annual and quarterly reports filed with the SEC.

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