On March 11, 2026, Esquire Financial Holdings Inc., Jericho, New York, and Signature Bancorporation, Inc., Rosemont, Illinois, entered into a merger agreement pursuant to which Esquire will acquire Signature in an all-stock transaction valued at approximately $348 million.

Esquire is the holding company for Esquire Bank, National Association, which has approximately $2.4 billion in assets, with branch offices in Jericho, New York and Los Angeles, California, as well as an administrative office in Boca Raton, Florida.

Signature is the holding company for Signature Bank, which has approximately $2.0 billion in assets with operations in the Chicago metropolitan market area.

Luse Gorman is serving as legal counsel to Esquire in the transaction. The Luse Gorman team consists of John Gorman, Marc Levy, Max Seltzer, Greg Sobczak and Brendan Clegg.

Luse Gorman has now acted as counsel on two of the four largest bank M&A transactions year-to-date and on more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.