Bailout Bank Bio: The Private Bank of California

Aug 7, 2009 | 1 min read | Print Article

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	http://www.tpboc.com
Executive Compensation	Unknown