ESBSES Bancshares, Inc.

About ES Bancshares, Inc. (ESBS)

ES Bancshares, Inc. (ESBS) is a Banks - Regional company headquartered in Staten Island, NY, United States whose shares trade over-the-counter on the OTCQX tier.

ES Bancshares, Inc. (the "Company") is incorporated under Maryland law and serves as the holding company for Empire State Bank (the "Bank"). The Company is subject to regulation by the Board of Governors of the Federal Reserve System (the "FRB") while the Bank is primarily subject to regulation and supervision by the New York State Department of Financial Services. Currently, the Company does not transact any material business other than through the Bank, its subsidiary. The Bank was organized under federal law in 2004 as a national bank regulated by the Office of the Comptroller of the Currency (OCC). The Bank's deposits are insured up to legal limits by the FDIC. In March 2009, the Bank converted its charter to a New York State commercial bank charter. The Bank's principal business is attracting commercial and retail deposits in New York and investing those deposits primarily in loans, consisting of commercial real estate loans, and other commercial loans including SBA and mortgage loans secured by one-to-four-family residences. In addition, the Bank invests in mortgage-backed securities ("MBS"), securities issued by the U.S. Government and agencies thereof, corporate securities and other investments permitted by applicable law and regulations. The Company's website address is www.esbna.com. The Company's annual report, quarterly earnings releases and all press releases are available free of charge through its website, as soon as reasonably practicable.

Products and services

The Bank is a full-service commercial bank that offers a variety of financial services to meet the needs of communities in its market area. The Bank attracts deposits from the general public through checking and savings accounts, money market deposits and certificates of deposit. As well as In addition the Bank offers specialized services through the Attorney Advantage program, a suite of products designed for local attorneys and law firms. These deposits are used to originate and fund loans consisting of commercial real estate, and other commercial loans including SBA loans, mortgage loans secured by one-to-four-family residences.

ESBS key facts

Ticker symbol

ESBS

Market tier

OTCQX

Sector

Financial Services

Industry

Banks - Regional

Headquarters

Staten Island, NY, United States

Country of incorporation

US

Year of incorporation

2006

Employees

59

Estimated market cap

$42.05M (as of Apr 10, 2025)

Shares outstanding

6,926,822

Reporting standard

U.S. Reporting: Bank/Thrift

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

ES Bancshares, Inc. leadership

• Philip Guarnieri — CEO
• Thomas P. Sperzel — President, COO
• Raffaele M. Branca — EVP, CFO, Chief Credit Officer
• Peggy Edwards — Vice President, Secretary

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