Company Overview of Silvergate Bank
Silvergate Bank, a state chartered bank, provides banking services to individuals and companies in San Diego. It offers personal banking products and services, including checking, savings, and money market accounts, as well as certificates of deposit. The company also provides business banking products and services, including checking, savings, and money market accounts, as well as certificates of deposit. In addition, it offers business loans, including business lines of credit, asset based line of credit, business term loans, small business loans, and standby letters of credit; commercial real estate loans; government assisted loans; and residential loans. Further, the company provides onl...
4275 Executive Square
La Jolla, CA 92037
Founded in 1988
Key Executives for Silvergate Bank
Chief Executive Officer and Director
Vice Chairman, President, Chief Credit Officer and Vice-Chairman of Silvergate Capital Corp
Chief Financial Officer and Executive Vice President
Chairman, Chairman of Silvergate Capital Corporation and Chief Executive Officer of Silvergate Capital Corporation
Chief Information Officer and Executive Vice President
Compensation as of Fiscal Year 2015.
Silvergate Bank Key Developments
Silvergate Bank Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Net Chargeoffs for the Second Quarter Ended June 30, 2015
Aug 12 15
Silvergate Bank announced earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income of USD 3.1 million. Net interest income was USD 8.9 million, compared to USD 6.9 million for the prior quarter and USD 5.5 million in the second quarter of last year.
For the six months, the company’s net income totaled USD4.2 million, a 72% increase over the same period last year. Net interest income totaled USD 15.7 million, a USD 5.6 million, or 55.4%, increase over the same period in 2014, as both loan volumes and asset yields improved over the prior period.
The company experienced net chargeoffs of USD 29,000 in the second quarter of 2015.
Silvergate Bank Reports Earnings Results for the First Quarter Ended March 31, 2015
May 6 15
Silvergate Bank reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income for the quarter of $1.2 million, compared to $1.7 million for the prior quarter and $943,000 for the first quarter last year. Net interest income was $6.9 million, compared to $7.6 million for the prior quarter and $4.7 million in the first quarter of last year.
Silvergate Bank Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015
Feb 4 15
Silvergate Bank Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015 . Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, FL 33432, United States.
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