PEAPACK GLADSTONE FINANCIAL CORP

Peapack-Gladstone Financial Corporation is a bank holding company organized under New Jersey law in 1997. Its main subsidiary is Peapack Private Bank & Trust, a state-chartered commercial bank founded in 1921, which changed its name from Peapack-Gladstone Bank effective January 1, 2025. Peapack Private operates through a branch network in Somerset, Morris, Hunterdon, and Union counties, and private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey, as well as New York City and Long Island. The bank offers services through its private wealth management, commercial private banking, retail private banking, and residential lending divisions, alongside online platforms. The company's wealth management clients include individuals, families, foundations, endowments, trusts, and estates. Commercial loan clients consist of business owners, professionals, retailers, contractors, and real estate investors. Commercial lending services include working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multifamily mortgages, and other asset-based financing. Peapack Private also provides consumer banking services such as checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. Additionally, it offers residential mortgages, home equity lines of credit, and other second mortgage loans. Automated teller machines are available at 17 locations, and internet banking, including online bill payment and mobile phone banking, is also provided.