Fact Sheet

Bailout Bank Bio: The Private Bank of California

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August 06, 2009
Programs: Budget & Tax

The Private Bank of California offers financial services for high net worth individuals; business owners; legal and financial professionals, and their firms; and entertainment service businesses. It offers a range of deposits solutions, including business and personal checking accounts, business and personal money market accounts, business and personal savings accounts, and certificates of deposit. The bank also provides commercial loans and lines of credit, equity lines of credit, and commercial real estate loans. The company was founded in 2005 and is headquartered in Los Angeles, California.

On February 20, 2009, The Private Bank of California received $5,450,000 in preferred stock w/ exercised warrants.

 
Federal Equity Investment

$5.45 million

 
Total Revenue
Unknown
 
Net Income

$107,000 (unaudited)

 
Number of Employees
38
 
Corporate Headquarters
Los Angeles, CA
 
Business Sector
Banking
 
Officers and Directors


Mr. Steven D. Broidy

Chairman and Interim Chief Exec. Officer

Other Officers and Directors

 
Corporate Website
 
Executive Compensation
  
 

►Financial Documents

            The Private Bank of California March 2009 Q1 Financial Results

            The Private Bank of California 2008 Net Income Press Release

            The Private Bank of California September 2008 Q3 Financial Results

The Private Bank of California June 2008 Q2 Financial Results

 

Federal contracts

No federal contracts located.
 

Lobbying reports (if any)

No lobbying reports located.
 

 

Political Contributions

No political contributions located.
 
Related Articles
 
            No related articles located.
 
 

Last updated June 8, 2009

 

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