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Overview / Commentary
801 Orange Ave., Suite 101
Coronado, CA 92118

San Diego Private Bank is headquartered in Coronado and is the 116st largest bank in the state of California. It is also the 2,002nd largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 57 employees at 4 locations. San Diego Private Bank has a A+ health rating.

Reviews (1)

DISRESPECTFUL SENIOR VICE PRESIDENT

I HAD AN APPOINTMENT GIVEN TO ME BY THE SENIOR VP OF BUSINESS BANKING. HE WAS CONTACTED BY THE RECEPTIONIST ABOUT MY PRESENCE AND HE INFORMED ME THAT HE WILL BE AT THE BANK IN 5 MINUTES. I WAITED 30 MINUTES AND CALLED HIM ON HIS CELL WHICH HE NEVER ANSWERED MY CALL. I WALKED OUT AFTER 40 MINUTES WAITING.

WHEN A BANKER SETS AN APPOINTMENT HE SHOULD KEEP OR AT LEAST CALL TO SATE HE WILL BE LATE.

I WILL NEVER OPEN AN ACCOUNT WITH THIS BANK.



Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 San Diego Private Bank had $766,000 in non-current loans and owned real-estate with $50.62 million in equity and loan loss allowances on hand to cover it. This gives San Diego Private Bank a Texas Ratio of 1.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for San Diego Private Bank experienced no significant changes from 1.51% as of December 31, 2012 to 1.51% as of December 31, 2013, resulting in a negative change of 0.27%. This indicates that the balance sheet and financial strength for San Diego Private Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, San Diego Private Bank has increased its total deposits by $136.03 million, resulting in 108.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth San Diego Private Bank has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. San Diego Private Bank has $324.41 million in assets with $50.62 million in equity, resulting in a capitalization level of 15.60%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58291
Year Established2006
Employees57
Primary RegulatorFDIC
Assets and Liabilities
Assets$324.41 million
Loans$229.73 million
Deposits$261.65 million
Equity Capital$48.61 million
Loan Loss Allowance$2.01 million
Unbacked Noncurrent Loans$711,000
Real Estate Owned$55,000
Historic Data - December 2012
Assets$165.41 million
Equity Capital$28.76 million
Loan Loss Allowance$1.26 million
Unbacked Noncurrent Loans$711,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.46%
Return on Assets1.2%
Return on Equity7.87%
Interest Income$12.10 million
Rates

Sorry, we do not have rate data for San Diego Private Bank

Locations


San Diego Private Bank Locations
San Diego Office Branch1370 India StreetSan Diego, CA 92101
Newport Private Bank Branch18552 Macarthur Blvd, Suite220Irvine, CA 92612
San Diego Private Bank801 Orange Avenue, Suite 101Coronado, CA 92118
LA Jolla Branch9404 Genesee Avenue, Suite 100LA Jolla, CA 92037