Empire Bancorp, Inc. Begins Trading on OTCQX


ISLANDIA, N.Y., April 18, 2018 (GLOBE NEWSWIRE) -- Empire Bancorp, Inc. (OTCQX:EMPK), parent of Empire National Bank, announces that the company’s common stock will begin trading, effective today, on the OTCQX® Best Market, under the ticker symbol, “EMPK”.

In making the announcement, Douglas C. Manditch, Empire Bancorp’s Chairman of the Board and Chief Executive Officer, stated, “OTCQX is an ideal fit for our company as it will enhance our visibility to investors interested in a high growth community bank, while providing a source of liquidity to our current shareholders.  In the ten years since our company’s formation, assets of the bank are approaching the $1 billion threshold – ending with approximately $900 million at December 31, 2017.”

“We are pleased to welcome Empire Bancorp Inc. to the OTCQX Best Market,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.  “Established in 2008, the Bank celebrated its 10th anniversary this year.  We congratulate them on this important milestone and look forward to continuing to support the company’s growth.”

Investors can find current financial disclosures and Real-Time Level 2 quotes for Empire Bancorp, Inc. by visiting www.otcmarkets.com and entering the symbol EMPK.

FIG Partners, an employee-owned broker/dealer specializing in financial institutions, serves as the company’s corporate broker on OTCQX.  For more information, investors can contact their broker Troy Carlson from FIG Partners at 732-383-8424 or tcarlson@figpartners.com.

“We are proud to partner with Empire Bancorp and look forward to providing advice and market guidance,” stated Carlson.

About Empire Bancorp, Inc.

Empire Bancorp, Inc. is a bank holding company for Empire National Bank, a Long Island-based independent bank that specializes in serving the financial needs of small and medium sized businesses, professionals, nonprofit organizations, municipalities, real estate investors, and consumers.  The bank has four full-service banking offices located in Islandia, Shirley, Port Jefferson Station, Mineola and a private banking branch office in Manhattan.  Our bankers take pride in understanding the needs of each customer so the bank can deliver the highest quality service with a sense of urgency.

This release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  For this purpose, any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements.  Without limiting the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate” or “continue,” or comparable terminology, are intended to identify forward-looking statements.  These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors, many of which are not within the control of the Company.  The forward-looking statements included in this press release are made only as of the date of this press release.  The Company has no intention, and does not assume any obligation, to update these forward-looking statements.

Contact:
William Franz
SVP, Director of Marketing
& Investor Relations
(631) 348-4444