FDIC Certificate #: 58304 Status: Active Federal Reserve ID: 3461488 Date Established: August 03, 2006 WWW:http://www.sandiegoprivatebank.net Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 445716 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: August 03, 2006 Last Structure Change Effective Date: December 02, 2008 Last Structure Change Process Date: December 02, 2008 Last Data Update: December 02, 2008 Data Source Date: April 05, 2012
Location
Address: 9404 Genesee Avenue, Suite 100, La Jolla, CA 92037 County: San Diego Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Orange Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Diego, CA (#7320) Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740) CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
Financial Summary
Total assets: $113.8 mil Equity capital: $12.6 mil Deposits held in domestic offices: $91.1 mil Return on assets (ROA): -1.39% (-$1.6 mil) Quarterly return on assets: -5.85% (-$6.7 mil) Return on Equity (ROE): -14.51% (-$1.9 mil) Quarterly return on equity: -53.23% (-$6.9 mil) Net income: -$1.7 mil Quarterly Net income: -$1.7 mil Pretax return on assets: -1.39% (-$1,582.1 mil) Quarterly Pretax return on assets: -5.85% (-$6,658.4 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
23Total employees (full-time equivalent)
$113,819Total assets
$22,268Cash and due from depository institutions
$17,662Interest-bearing balances
$12,909Securities
$6,185Federal funds sold & reverse repurchase agreements
$70,339Net loans & leases
$1,874Loan loss allowance
$0Trading account assets
$128Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$113,819Life insurance assets
$1,990All other assets
$101,251Total liabilities and capital
$91,101Total liabilities
$62,372Total deposits
$91,101Interest-bearing deposits
$70Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,767Trading liabilities
$0Other borrowed funds
$383Subordinated debt
$12,568All other liabilities
$12,568Total equity capital
$12,568Total bank equity capital
$0Perpetual preferred stock
$23,212Common stock
$0Surplus
$-10,644Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$434Income earned, not collected on loans
$0Earning assets
$275Long-term assets (5+ years)
$107,095Average Assets, year-to-date
$7,412Average Assets, quarterly
$119,204Volatile liabilities
$119,060Insider loans
$67,558FHLB advances
$126,023Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$12,786Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,529Restructured Loans and leases
$1,992Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,053Total interest income
$790Total interest expense
$4,263Net interest income
$1,460Provision for loan and lease losses
$242Total noninterest income
$0Fiduciary activities
$164Service charges on deposit accounts
$0Trading account gains & fees
$78Additional noninterest income
$4,768Total noninterest expense
$2,271Salaries and employee benefits
$364Premises and equipment expense
$2,133Additional noninterest expense
-$1,723Pre-tax net operating income
$69Securities gains (losses)
$1Applicable income taxes
-$1,655Income before extraordinary items
$0Extraordinary gains - net
-$1,655Net income attributable to bank
$0Net charge-offs
-$1,655Cash dividends
$2,028Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.47%Yield on earning assets
0.70%Cost of funding earning assets
3.77%Net interest margin
0.21%Noninterest income to earning assets
4.22%Noninterest expense to earning assets
-1.45%Net operating income to assets
-1.39%Return on assets (ROA)
-1.39%Pretax return on assets
-14.51%Return on equity (ROE)
-14.51%Retained earnings to average equity (YTD only)
2.74%Net charge-offs to loans
71.99%Credit loss provision to net charge-offs
-0.13%Efficiency ratio
105,838Assets per employee
4.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.60%Loss allowance to noncurrent loans
431.80%Noncurrent assets plus other real estate owned to assets
0.41%Noncurrent loans to loans
0.60%Net loans and leases to deposits
77.21%Net loans and leases to core deposits
85.21%Equity capital to assets
11.04%Core capital (leverage) ratio
10.15%Tier 1 risk-based capital ratio
18.93%Total risk-based capital ratio
Memoranda
$20Average assets
$119,204Average earning assets
$11,409Average equity
$113,101Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
445716
San Diego Private Bank
9404 Genesee Avenue, Suite 100, La Jolla, CA 92037
August 03, 2006
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with San Diego Private Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: