Silvergate Bank is headquartered in La Jolla and is the 38th largest bank in the state of California. It is also the 389th largest bank in the nation. It was established in 1988 and as of June of 2019, it had grown to 205 employees at 3 locations. Silvergate Bank has an A 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||1.55%|
|Return on Equity - YTD||15.3%|
|Annual Interest Income||$39.5MM|
|Assets and Liabilities|
|Assets||Q2 2019vs Q2 2018||$2.24B$1.72B|
|Loans||Q2 2019vs Q2 2018||$920.2MM$890.8MM|
|Deposits||Q2 2019vs Q2 2018||$1.95B$1.56B|
|Equity Capital||Q2 2019vs Q2 2018||$220.5MM$159.5MM|
|Loan Loss Allowance||Q2 2019vs Q2 2018||$7.0MM$8.3MM|
|Unbacked Noncurrent Loans||Q2 2019vs Q2 2018||$6.3MM$8.9MM|
|Real Estate Owned||Q2 2019vs Q2 2018||$112.00K$24.00K|
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||4250 Executive Square Suite 300||La Jolla, CA 92037|
|San Marcos Branch||277 Rancheros Drive, Suite 300||San Marcos, CA 92069|