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Running head: SILVERGATE BANK FINANCIAL ANALYSIS 1
Silvergate Bank Financial Analysis
Student’s Name
Institutional Affiliation

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SILVERGATE BANK FINANCIAL ANALYSIS 2
Company Overview
Silvergate Bank, a state chartered bank is based in San Diego. The bank headquarters
office is located at 4275 Executive Square, Suite 800, La Jolla, CA 92037 and it has branches
located in Carlsbad, Escondido, La Jolla, La Mesa, and Lancaster, California. The bank was
founded in 1988 as Silvergate Thrift And Loan Company before it changed name to Silvergate
Bank and is a subsidiary of Silvergate Capital Corporation. The bank is insured and regulated by
the Federal Deposit Insurance Corporation (FDIC).
Silvergate Bank offers lending products and personalized banking services to companies
and individuals in San Diego. Thus, it specializes in offering personal and small business
banking services and products such as saving, checking and money markets accounts, as well as
certificates deposits. Furthermore, the company offers different kinds of loan include: small
business loans, residential loans, business line of credit etc. Also, the bank offers online banking
services as well ATM cards and it one of the leading by in bankrolling crypto currency.
Silveragte Bank is committed to provide better services to its customer as well as give back to
community. The company statement of purpose is “Silvergate Bank is committed to the
economic and cultural growth of Southern Californians. We support non-profit community
groups and activities, while encouraging Silvergate Bank employees to become actively involved
in their communities.” Thus, bank uses it personalized banking services and community
involvement strategies to set itself apart from its competitors. This paper offers comparison of
the Silvergate Bank with its competitors as well as conduct financial analysis of the company.
Silvergate Bank Comparison with its Competitors

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Running head: SILVERGATE BANK FINANCIAL ANALYSIS Silvergate Bank Financial Analysis Student’s Name Institutional Affiliation 1 SILVERGATE BANK FINANCIAL ANALYSIS Company Overview Silvergate Bank, a state chartered bank is based in San Diego. The bank headquarters office is located at 4275 Executive Square, Suite 800, La Jolla, CA 92037 and it has branches located in Carlsbad, Escondido, La Jolla, La Mesa, and Lancaster, California. The bank was founded in 1988 as Silvergate Thrift And Loan Company before it changed name to Silvergate Bank and is a subsidiary of Silvergate Capital Corporation. The bank is insured and regulated by the Federal Deposit Insurance Corporation (FDIC). Silvergate Bank offers lending products and personalized banking services to companies and individuals in San Diego. Thus, it specializes in offering personal and small business banking services and products such as saving, checking and money markets accounts, as well as certificates deposits. Furthermore, the company offers different kinds of loan include: small business loans, residential loans, business line of credit etc. Also, the bank offers online banking services as well ATM cards and it one of the leading by in bankrolling crypto currency. Silveragte Bank is committed to provide better services to its customer as well as give back to community. The company statement of purpose is “Silvergate Bank is committed to the economic and cultural growth of Southern Californians. We support non- ...
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