fact sheet

2015
First Niagara Corporate Headquarters
Larkin Building, Buffalo, NY
FOURTH QUARTER CORPORATE SUMMARY
Facts, Figures and Community Impact
MEMBER FDIC
EQUAL
HOUSING
LENDER
BANK /
BORROW / INVEST / PROTECT
Company Overview
Regional Market Centers
Region
First Niagara Bank, N.A. is a multi-state community-oriented bank serving New
York, Pennsylvania, Connecticut and Massachusetts. With approximately 390
Employees1
Branches1
Western New York
2,275
51
Central New York
630
65
Eastern New York
493
46
Tri-State
273
34
1.92%
Western Pennsylvania
606
63
5.91%
Eastern Pennsylvania
526
58
2.69%
New England
625
75
5,428
392
Total
branches and 5,400 employees, First Niagara provides financial services to
Credit Ratings
individuals, families and businesses. Driven by proven, local talent, First Niagara
Standard and Poor’s: BBB- (OP)
has approximately $40 billion in assets and $29 billion in deposits. The bank has
Moody’s Investor Service: Ba1 (WP)
maintained industry leading loan growth, without compromising credit quality.
1
Market Share2
25.49%
11.57%
14.71%
5.91%
Approximate full-time equivalent employee and branch data as of December 31, 2015
2
Most recent FDIC data as of June 30, 2015
Fitch Ratings: BBB- (WP)
Fast Facts
Highlights
• Founded in 1870, the bank has grown significantly in size and reach
and currently serves over one million customers across its multi-state operations.
• Listed on the NASDAQ Stock Market under the trading symbol: FNFG.
• GAAP earnings of $0.12 per diluted share.
• Geographic footprint extends across New York, Pennsylvania, Connecticut and Massachusetts.
• Organic loan growth continues, with average commercial loans (CRE and commercial
business) up 6% annualized QOQ.
• Market capitalization of $3.8 billion.
• A top 25 U.S. bank by assets.
• Average consumer loan growth increased 6% annualized QOQ.
• More than $24 billion in loans.
• First Niagara Risk Management among top 100 insurance agencies in U.S.
Superior Credit Quality is a Key Differentiator
• Our Proven Strengths = Your Advantage.
- Local credit decisions.
- Customized terms and services.
- Experienced lenders who structure smart, sound financing programs.
• Positioned for Continuing Success - Winning with Talent.
- Executive leadership average of 30 years’ experience.
- Local bankers with deep relationships and decades of experience in their respective regions
• Average transactional deposit balances increased 14% annualized QOQ.
• Winner of a national award in the 2014 Greenwich Excellence Awards for Small Business
and Middle Market Banking.
- First Niagara captured a national award for Treasury Management - Customer Service.
• First Niagara was ranked as the fourth most highly regarded of major U.S. Banks.¹
• One of the largest providers of risk financing and risk reduction services in the U.S.2
• First Niagara Risk Management named a “Best Practices” agency, an honor given to only
the top 1% of insurance agencies/brokers in the U.S.3
and markets.
American Banker/Reputation Institute Survey of Bank Reputations, 2015 ²Business Insurance, July 20, 2015, as ranked by 2014 brokerage revenues from U.S.-based clients
¹
³Reagan Consulting for the Independent Insurance Agents and Brokers of America, September 2014
Products and Services
Personal Banking
Wealth Management
With the convenience of products like free online banking, overdraft protection and no
First Niagara Private Client Services is dedicated to helping you make smart decisions
ATM transaction fees, First Niagara provides an extensive range of products and solutions
about your money. Using a comprehensive, multi-dimensional approach that incorporates
designed to meet your unique needs. But what really sets us apart is our service. Taking the
wealth planning, investment management, credit and banking, fiduciary services and risk
time to understand your financial needs, you can be sure we will work with you to make your
management to develop highly individualized and comprehensive plans that optimize today’s
goals a reality.
opportunities, we can help you prepare for tomorrow’s challenges and achieve future goals.
Commercial Services
Capital Markets Services
Through a unique 360° approach, we see your business from every angle. Our proven
Strategic thinking is our strong suit. No matter how varied or complex your capital needs
strengths equal your advantage. Whether you’re looking to expand your business or support
are, you can count on our experienced team to deliver informed, custom-tailored solutions.
your day-to-day operations, we can help you realize your goal. Our experienced lenders will
Our solid connections give you access to a broad range of investors.
structure smart, sound financing programs, with customized terms and services. Best of all,
you can expect local service and decision-making.
Benefit Consulting
Mortgage
A company’s most valuable assets are its employees. No matter the size of business, our goal
Whether you’re buying a home, refinancing or leveraging equity within your home,
suite of products helping you eliminate the burden of managing and administrating health
First Niagara offers a variety of mortgage products and services, designed to meet your
and welfare plans and pension benefits. Plus, our personal advisors will customize services
unique needs. Our mortgage consultants will assist you in selecting the solution that’s
specifically for your business.
is to keep your employees – and your business – healthy. First Niagara offers a comprehensive
best for you.
Risk Management
Government
Leading the way to more comprehensive financial services for governments than any other
From personal insurance to complex coverage for your business, First Niagara Risk
bank, First Niagara serves local governments, municipal agencies, school districts, public
Management can tailor a program to meet your unique needs. When you choose First
authorities, and other special units of municipal government by providing government
Niagara to help manage your risks, you are working with a recognized leader in the design
banking and depository services and a full range of financial services as well.
and delivery of insurance programs and Risk Management solutions.
Cash Management
Specialized Lending and Financing
In addition to the solutions mentioned above, First Niagara offers a number of additional
We understand how important it is to manage, track and maximize your business’ cash flow.
lending and financing options for clients with a specialized need, including: automotive
More importantly, we understand how time-consuming and stressful this can be. We will
lending, healthcare and leasing.
perform a detailed cost-savings analysis of your business and share solutions to help you
better manage your business’ finances.
Investment Services
Small Business
Through First Niagara Investment Services (“FNIS”), LPL Financial LLC (or “LPL”, a registered
Small businesses are the engines that drive the communities and neighborhoods we serve.
management, retirement planning, education funding, and wealth protection products and
As a small business owner you can be sure that our small business bankers will work to
services to retail and commercial clients within First Niagara branches. Using a comprehensive
understand your business from every angle, helping you create a smart, comprehensive plan
planning process, LPL’s licensed registered representatives specialize in building personalized
to support and expand your business and reach your goals more quickly.
growth and income strategies by offering an array of financial resources, including:
broker/dealer and registered investment advisor, Member FINRA/SIPC) offers investment
professionally managed advisory accounts, equities and fixed income securities, mutual funds,
and fixed and variable annuities, as well as life insurance and wealth transfer vehicles.
Whether it’s borrowing, saving, or just making it easier to manage your money, First Niagara
has the banking products, services and expertise to help you make your dreams a reality. Our
product portfolio may be our competitive advantage, but what really sets us apart is our team.
For more information on First Niagara’s products and services, visit www.firstniagara.com.
Corporate Giving
Our Commitment
to Community
First Niagara is a true community bank.
Our business and our teammates are
woven into the fabric of the communities
we serve. That’s why meaningful
community engagement is our priority –
it’s who we are. We not only make a living
here, we make our lives here. That’s the
reason we make giving back a priority.
Gary Crosby, President and CEO and Elizabeth Gurney, Executive Director First Niagara Bank Foundation, presented a check to all of the 2015 Mentoring Matters™ grant recipients
at an event at the Mass Mentoring Partnership.
Western New York
Central New York
Eastern New York
• Arts Services Initiative of Western New York, Inc.
• 100 Black Men of Syracuse, Inc.
• Brothers of Mercy Facilities Foundation
• Abraham House
•
15-LOVE - Capital Region Youth Tennis
Foundation
• Buffalo Niagara Medical Campus, Inc.
• American Cancer Society
• Academy of the Holy Names
• Buffalo Niagara Riverkeeper, Inc.
• American Heart Association, Inc.
• Buffalo State College Foundation, Inc.
• Baltimore Woods Nature Center, Inc.
•
Affordable Housing Partnership of the
Capital Region, Inc.
• Center for Employment Opportunities, Inc.
•
Booker T. Washington Community Center
of Auburn New York
•
Childrens Rehabilitation Foundation of Variety
Club of Buffalo, Inc.
• Albany Housing Authority
• American Cancer Society
• Cayuga Museum of History and Art
• American Diabetes Association
• Community Foundation for Greater Buffalo
• Clinton Chamber of Commerce
• American Heart Association
•
Community Leadership Development Program
of Niagara County, Inc.
•
Cornell Cooperative Extension Association
of Tompkins County
•
Capital District Women’s Employment
and Resource Center, Inc.
•
Community Services for the Developmentally
Disabled, Inc.
•
Crouse Health Foundation, Inc.
• Catholic Charities Housing Office
•
David’s Refuge
• Colonie Senior Service Centers, Inc.
• Families of FANA-WNY, Inc.
•
Elmcrest Children’s Center
• Food Bank of Western New York, Inc.
•
Erie Canal Museum
•
Community Foundation for the Greater Capital
Region
•
Foundation of the Roman Catholic Diocese
of Buffalo
•
ESF College Foundation, Inc.
• Gliding Stars
• Heart of the City Neighborhoods, Inc.
• Hispanic Heritage Council of Western New York, Inc.
• Horizon Village, Inc.
• JDRF International
• Jewish Federation of Greater Buffalo, Inc.
• Lackawanna Housing Development Corporation
• Leadership Buffalo, Inc.
• Leukemia & Lymphoma Society, Inc.
•
First Ward Action Council, Inc.
•
Friends of Bassett, Inc.
•
Greater Binghamton Chamber of Commerce
•
Healthcare Financial Managers Association
•
Home Headquarters, Inc.
•
Jim and Juli Boeheim Foundation
•
Junior Achievement of Central Upstate New York
•
March of Dimes
•
Meals on Wheels of Western Broome, Inc.
•
Merry-Go-Round Playhouse, Inc.
• Community Loan Fund of the Capital Region, Inc.
• Cystic Fibrosis Foundation
• Empire State Youth Orchestras
• Juvenile Diabetes Foundation
•Make-A-Wish Foundation of Northeast New York
• Margination, Inc.
• Northeast Health Foundation, Inc.
• Operation Unite New York, Inc.
• Regional Food Bank of Northeastern New York, Inc.
•
Rensselaer County Regional Chamber
of Commerce
•
Museum of Science & Technology Foundation
•
Ronald McDonald House Charities of the
Capital Region, Inc.
•
On Point for College, Inc.
• Salvation Army
•
Roman Catholic Diocese of Syracuse
• Saratoga Springs Universal Preservation Hall
•
Saint Joseph’s Hospital Health Center
• Sean’s Run
•
Samaritan Center, Inc.
• Senior Service Centers of the Albany Area, Inc.
•
SUNY Polytechnic
• Siena College
•
Syracuse City School District Educational
Foundation
• South End Improvement Corporation
• Teach For America, Inc.
•
The Central New York Chapter of the National
Football Foundation and College Hall of Fame, Inc.
• The Albany Medical College
• The Ignatian Volunteer Corps.
•
The Salvation Army
• United Way of Buffalo and Erie County
•
The Foundation of St. Mary’s Hospital
at Amsterdam, Inc.
•
Volunteer Transportation Center, Inc.
• West Side Neighborhood Housing Services, Inc.
• Trinity Alliance of the Capital Region, Inc.
•
Windsor Partners, Inc.
• Westminster Economic Development Initiative, Inc.
• University at Albany Foundation
•
Young Men’s Christian Association & Woman’s
Community Center of Rome, New York
• Whitney M. Young, Jr. Health Center, Inc.
• Mental Health Association of Erie County
• New Directions Youth & Family Services, Inc.
•
Niagara Falls Memorial Medical Center
Foundation, Inc.
• Opportunities Unlimited of Niagara Foundation
• Peace of the City Ministries
• People, Inc.
• People United for Sustainable Housing, Inc.
• Shea’s O’Connell Preservation Guild, LTD.
• YMCA Buffalo Niagara.
St. Jude Children’s Research Hospital
• Wildwood Programs, Inc.
Team members in Eastern Pennsylvania and their “Littles” from Big Brothers, Big Sisters of Southeastern Pennsylvania, worked together to solve the
Team members in Western New York participated in the United Way of Buffalo and Erie County’s “Day of Caring.”
Mentoring Matters™ grant puzzle.
Rochester New York
• Children’s Hospital of Pittsburgh Foundation
• Pittsburgh Community Reinvestment Group
• Civic Light Opera Association
• Point Park University
•
Community College of Allegheny CountyEducation Foundation
• F
amilies Forward Philadelphia dba Travelers Aid
Society of Philadelphia
• The Pottstown Cluster of Religious Communities
• Spanish American Merchants Association, Inc.
• Westtown School
• St. Jude Children’s Research Hospital
•
Scholastic Opportunity Scholarship Program
of the Diocese of Pittsburgh
• Foundation for Catholic Education
• World Affairs Council of Philadelphia
• The Connecticut Forum, Inc.
• Community Day School
• Sharing & Caring, Inc.
New England
• T
he National Association for the Advancement
of Colored People
• Center for Governmental Research, Inc.
•
Community Foundation of Fayette County
Pennsylvania
• Skills of Central Pennsylvania, Inc.
• G
reater Lehigh Valley Chamber of Commerce
Foundation
• United Way of Greater New Haven, Inc.
• Gwynedd Mercy Academy High School
• Access Agency, Inc.
• Center for Youth Services, Inc.
• Small Seeds Development, Inc.
• University of Connecticut Foundation, Inc.
• Crime Victim Center of Erie County, Inc.
• Community Place of Greater Rochester, Inc.
• Surgi-Corps International
• Habitat for Humanity of Bucks County
• Altrusa International Foundation, Inc.
• Volunteers in Public School of Westfield, Inc.
• Cystic Fibrosis Foundation
•
Consumers Credit Counseling Service
of Rochester, Inc.
• The Mon Valley Initiative
• Habitat for Humanity Philadelphia
• American Red Cross of Western Massachusetts
• Yale School of Management
• Eagle’s Nest Leadership Corporation
• The Salvation Army
• Handi-Crafters, Inc.
• Baystate Health Foundation, Inc.
• YMCA of Metropolitan Hartford, Inc.
• Early Connections, Inc.
• United Way of Allegheny County
• Hatboro Horsham Educational Foundation
• Boys & Girls Club of New Haven
• Wallingford Emergency Shelter, Inc.
• Epilepsy Foundation of Western Pennsylvania
• Urban League of Greater Pittsburgh
• Henry Schueler 41 & 9 Foundation
• Camp Care, Inc.
• Erie Catholic Preparatory School
• HMS School for Children with Cerebral Palsy
• Clifford W. Beers Guidance Clinic, Inc.
• Verland Foundation, Inc.
• Ward Home, Inc.
• Hope Partnership for Education
• Columbus House, Inc.
Tri-State
• Erie Zoological Society
• Gannon University
• Washington City Mission, Inc.
• KenCrest Centers
• C
ommunity Economic Development Fund
Foundation, Inc.
• Building Hope Foundation, Inc.
• Frick Art & Historical Center, Inc.
•
Warren-Forest Counties Economic Opportunity
Council
• H
ousing Association and Development
Corporation
• Commercial Real Estate Women Foundation
• Boys & Girls Club of Stamford, Inc.
• Focus On Renewal
• Greater Pittsburgh Community Food Bank
• Washington County Chamber of Commerce
• Klein and Stiffel Jewish Community Centers
• Connecticut Association for Human Services, Inc.
• C
enter for Women and Families of Eastern
Fairfield County, Inc.
• Greater Pittsburgh Literacy Council
• Washington County Community Foundation, Inc.
• Kunkletown Volunteer Fire Co.
• Connecticut Center for Arts & Technology, Inc.
• Fairfield Museum and History Center
• Westmoreland Community Action
• Lehigh Gap Nature Center
• Connecticut Food Bank, Inc.
• Hope Haven Farm Sanctuary
• Habitat for Humanity of Greater Newburgh
• Wilkinsburg Community Development Corporation
• Lehigh Valley Community Land Trust
• Connecticut Housing Investment Fund, Inc.
• Houston Volunteer Fire Company
• Housatonic Community College Foundation, Inc.
• Imani Christian Academy
• World Series Tournaments, Inc.
• Lehigh Valley Zoo
• E
aster Seal Goodwill Industries Rehabilitation
Center, Inc.
• Inner City Neighborhood Art House
• WQED Multimedia
• Malvern Retreat House
• Elim Park Baptist Home, Inc.
• Keep Rockland Beautiful, Inc.
• JDRF International
• YMCA of Greater Pittsburgh
• Mercy Vocational High School
• Essex Lions Charities, Inc.
• Legal Services of the Hudson Valley
• Junior Achievement of Western Pennsylvania, Inc.
• Merion Mercy Academy
• Family Business Center of Pioneer Valley, Inc.
• Leviticus 25:23 Alternative Fund, Inc.
• LifeSpan, Inc.
•
Young Men & Womens Hebrew Assn. & Irene
Kaufmann Centers
• Montgomery School
• FamilyAid Boston, Inc.
• McGivney Community Center, Inc.
• Lutheran SeniorLife Foundation
• Youth Leadership Institute of Erie
• Naroff Economic Advisors
• Farnam-Neighborhood House, Inc.
•
McKees Rocks Community Development
Corporation
Eastern Pennsylvania
• N
eighborhood Housing Services of Greater
Berks, Inc.
• Foodshare, Inc.
• N
eighborhood Economic and Cultural Activity
Program, Inc.
• New Canaan Nature Center Association, Inc.
• 10,000 Friends of Pennsylvania
• Norristown Ministries, Inc.
• Friends of Wood Memorial Library, Inc.
• Milestone Centers, Inc.
• Norwalk Community College Foundation
• Mon Yough Area Chamber of Commerce
• American Jewish Committee
• North Penn United Way
• Gifts of Love, Inc.
• People to People, Inc.
• Neighborhood Housing Services, Inc.
• Brandywine Health Foundation
• Philabundance
• Girls Incorporated of Holyoke
• Ramaz School
• North Allegheny Inline Hockey Assoc.
• Philadelphia Zoo
• Habitat for Humanity of Greater New Haven
• B
usiness Leadership Organized for Catholic
Schools
• Hartford Economic Development Corporation
• Rockland County YMCA
• Schwenkfelder Library & Heritage Center
• Holyoke Community College Foundation, Inc.
• Rockland Economic Development Corporation
• Chester County Food Bank
• Spring-Ford Counseling Services, Inc.
• Manchester Historical Society, Inc.
• Shelter for the Homeless, Inc.
• Children’s Scholarship Fund Philadelphia
• The Arc of Chester County
• Middlesex County Chamber of Commerce, Inc.
• The Ferguson Library
• C
onsumer Credit Counseling Service of Delaware
Valley
• New Haven Free Public Library Foundation, Inc.
• The Food Bank for Westchester, Inc.
• Real Estate Finance Association of Connecticut
• Urban Land Institute Westchester/Fairfield
• Rebuilding Together of Manchester, Inc.
• Waterside School, Inc.
• Alternatives for Battered Women, Inc.
• American Cancer Society, Inc.
• Baden Street Settlement of Rochester, Inc.
• Catholic Family Center
•
DePaul Community Services, Inc.
• Epilepsy-Pralid, Inc.
•
Fairport Baptist Home Caring Ministries
Foundation
• Flower City Down Syndrome Network (FCDSN)
• Foodlink, Inc.
• Genesee Community College Foundation, Inc.
• Habitat for Humanity International, Inc.
• Junior Achievement of Central New York
• Make-A-Wish Metro and Western New York
• Monroe Community College Foundation, Inc.
• Northwest Community Services, Inc.
• Rochester Business Alliance
• Rochester School for the Deaf
• South Wedge Planning Committee, Inc.
• St. John Fisher College
• Starbridge Services, Inc.
• The Landmark Society of Western New York
• Upstate New York Community Partners, Inc.
Western Pennsylvania
• Allegheny River Towns Enterprise Zone, Inc.
• American Cancer Society
• Armstrong County Community Foundation, Inc.
• Autism Speaks, Inc.
• Benedictine Sisters of Erie, Inc.
• Bloomfield-Garfield Corp.
• Northside Leadership Conference
• NW Pennsylvania NTMA Education Foundation
• Our Lady of the Sacred Heart
• Partners For Quality Foundation, Inc.
• Bridgeway Capital, Inc.
•
Pennsylvania Small Business Development
Centers (SBDC)
• Carnegie Library of Pittsburgh
• Pennsylvania Women Work
• Cristo Rey Philadelphia High School
• Devereux Foundation
• Gleneayre Equestrian Program, Inc.
• Regional Housing Legal Services
• The Giving Tree
• The Main Line Chamber of Commerce
• The Miquon School
• South Windsor Historical Society, Inc.
• Cardinal Shehan Center, Inc.
• Jacob Burns Film Center, Inc.
Communities We Serve
New En
gla
nd
First Niagara is committed to
empowering our businesses, customers
and communities to Do Great Things.
St. Lawrence
Jefferson
New York
Albany
Rochester
Boston
Syracuse
Buffalo
West Springfield
Binghamton
Hartford
Manchester
New Haven
Nyack
Norwalk
Erie
Pennsylvania
Allentown
Plymouth Meeting
Cleveland
Philadelphia
Market Centers
Western New York
Central New York
Eastern New York
Tri-State
Ohio
www.firstniagara.com
Pittsburgh
Western Pennsylvania
Eastern Pennsylvania
New England
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