Silvergate Bank

Silvergate Bank is headquartered in La Jolla and is the 80^th largest bank in the state of California. It is also the 1,265^th largest bank in the nation. It was established in 1988 and as of March of 2012, it had grown to 80 employees at 6 locations. Silvergate Bank has a 4-star health rating.

Silvergate Bank Routing Number: 322286803

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Data for Q1 2012

Institution Statistics Silvergate Bank FDIC Certificate # 27330 BankRate Report View Year Established 1988 Employees 80 Primary Regulator FDIC Assets and Liabilities Assets $535.01 million Loans $428.86 million Deposits $330.20 million Equity Capital $65.22 million Loan Loss Allowance $3.62 million Unbacked Noncurrent Loans $7.40 million Real Estate Owned $3.93 million Historic Data - March 2011 Assets $344.93 million Equity Capital $39.51 million Loan Loss Allowance $4.24 million Unbacked Noncurrent Loans $6.35 million Real Estate Owned $81,000 Profit Margin - Quarterly Net Interest Margin 4.27% Return on Assets 0.82% Return on Equity 6.38% Interest Income $6.21 million

Institution Health Overall Score: 4 out of 5 Texas Ratio 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 March 31, 2012 Silvergate Bank had $11.32 million in non-current loans and owned real-estate with $68.84 million in equity and loan loss allowances on hand to cover it. This gives Silvergate Bank a Texas Ratio of 16.45% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Silvergate Bank held steady from 14.70% as of March 31, 2011 to 16.45% as of March 31, 2012, resulting in a negative change of 11.84%. This indicates that the balance sheet and financial strength for Silvergate Bank has held steady in recent periods. Deposit Growth In the past year, Silvergate Bank has increased its total deposits by $81.05 million, resulting in 32.53% 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 Silvergate Bank has shown is excellent. Capitalization 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. Silvergate Bank has $535.01 million in assets with $68.84 million in equity, resulting in a capitalization level of 12.87%, which is excellent.

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