Silvergate Bank is headquartered in La Jolla and is the 41st largest bank in the state of California. It is also the 430th largest bank in the nation. It was established in 1988 and as of December of 2017, it had grown to 161 employees at 6 locations. Silvergate Bank has a B+ health rating.
Beware of this bank. Although they are happy to receive an ACH when funding your online account, you can't withdraw any funds without calling or emailing customer service and requesting that a transfer/withdrawal be made back to your original funding account. You cannot setup the ACH yourself nor can you transfer funds anywhere else. I opened this account but plan to close it as soon as the first month interest pays. Bummer.
|FDIC Certificate #||27330|
|Return on Assets - YTD||0.7%|
|Return on Equity - YTD||9.86%|
|Annual Interest Income||$48.3MM|
|Assets and Liabilities|
|Assets||Q4 2017vs Q4 2016||$1.89B$978.1MM|
|Loans||Q4 2017vs Q4 2016||$879.7MM$836.1MM|
|Deposits||Q4 2017vs Q4 2016||$1.78B$769.9MM|
|Equity Capital||Q4 2017vs Q4 2016||$92.3MM$85.2MM|
|Loan Loss Allowance||Q4 2017vs Q4 2016||$8.2MM$8.0MM|
|Unbacked Noncurrent Loans||Q4 2017vs Q4 2016||$2.6MM$2.8MM|
|Real Estate Owned||Q4 2017vs Q4 2016||$2.3MM$562.00K|
Sorry, we do not have rate data for Silvergate Bank.
|Silvergate Bank Locations|
|LA Jolla Branch||4250 Executive Square Suite 100||La Jolla, CA 92037|
|Silvergate Bank||4275 Executive Square, Suite800||LA Jolla, CA 92037|
|LA Mesa Branch||8530 La Mesa Boulevard Ste 300||La Mesa, CA 91942|
|San Marcos Branch||277 Rancheros Drive, Suite 300||San Marcos, CA 92069|