Sterling Overview 2nd Quarter

Expect Extraordinary Customized. Insightful. Dedicated. Sterling National Bank is a full-service commercial bank with offices in New York City, the Hudson Valley, Long Island and New Jersey focused on providing solutions to middle-market companies nationwide. CORPORATE BANKING SOLUTIONS DELIVERED THROUGH A SINGLE POINT OF CONTACT WHO UNDERSTANDS YOUR BUSINESS At Sterling National Bank, we meet the needs of small and mid-sized businesses by building strong relationships with our clients. Our experienced bankers are fully vested in your success. They go farther, look deeper, and work more intensely to help you achieve your business objectives. We apply deep expertise across a range of industries to provide you with the utmost in personalized service. Each client is matched with a dedicated group of financial professionals, led by a relationship manager, who acts as a single point of contact for delivering customized solutions, as well as insights and ideas on meeting your business objectives. Because strong relationships are the foundation of our banking philosophy, you can be confident the guidance you receive comes from extensive knowledge of your business, industry, and marketplace, as well as a genuine desire to help you succeed. Sterling Advantage • Relationship-driven, single point of contact • Comprehensive array of solutions and services • High-performance, execution based culture • Strong asset quality and capital ratios Diversified Balance Sheet Total Portfolio Loans: $22.3 Billion 49.2% 9.7% 15.1% As of June 30, 2020 26.0% Total Deposits: $23.6 Billion 35.0% 11.2% 11.3% 19.6% 22.9% Traditional C&I Commercial Finance Commercial Real Estate Consumer Interest Bearing DDA Non-Interest Bearing DDA Savings MMDA CDs 6/30/20 Sterling National Bank Capitalization Ratios 0% 4% 8% 12% 16% Common Equity Tier 1 Tier 1 Capital Total Capital Tier 1 Leverage • Ticker Symbol: STL (NYSE) • Employees: (FTE): 1,617 • Market Capitalization: $2.3B • Total Assets: $30.8B • Total Portfolio Loans: $22.3B • Total Deposits: $23.6B • Operating Efficiency Ratio: 45.1% 10.09% 12.24% 12.24% Regulatory requirement level for “well capitalized” At a Glance - 2Q2020 • Capital Ratios: In excess of regulatory minimums for “well capitalized” • Bank Kroll Bond Rating on deposits and debt of A- Ranked by Forbes’ 2020 “America’s 100 Best Banks” 13.85% $50 $40 $30 $20 $10 $0 2011Q1 2011Q2 Provident Bank $2,919MM Gotham Bank of New York $430MM 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 © 2020 Sterling National Bank Sterling Bancorp $2,751MM Total Asset Growth ($ in billions) Through Successful Organic Growth and Targeted M&A Hudson Valley Holding Corp. $3,120MM 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 NewStar Business Credit LLC $330MM Astoria Financial Corporation $14,559MM Advantage Funding Transportation Financing & Leasing Specialists $457MM 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 Woodforest National Bank Specialty Finance $504MM Santander Equipment Finance Portfolio $843MM 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2

Sterling Overview 2nd Quarter - 2020