Vitals
  • Total Assets
    4.0B 35.1 %
  • Total Deposits
    3.7B 38.0 %
  • Total Net Loans
    1.5B 23.8 %
  • Net Income
    33.0M 34.5 %
  • Book Value
    333.5M 16.0 %
  • Book Value x2
    666.9M 16.0 %
  • Book Value x3
    1.0B 16.0 %
ROAA

1.228

ROAE

14.035

Efficiency Ratio

47.285

Net Interest Margin

3.854

Balance Sheet Highlights
Financial Highlights Square 1 Bank All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 4,032,911 1,807,586
Total Net Loans 1,545,299 1,170,779
Total Deposits 3,683,141 1,503,704
Total Equity 333,467 188,140
Profitability
Net Income 33,005 10,722
Return on Average Assets 1.228 .821
Return on Average Equity 14.035 7.027
Net Interest Margin 3.854 3.714
Efficiency Ratio 47.285 76.079
Noninterest Income/Revenue 16.458 24.759
Balance Sheet Ratios
Loan-to-Deposit 41.956 82.763
Securities/Assets .55 .205
Total Equity/Total Assets .083 .104
Tangible Equity/Tangible Assets .082 .094
Capital Adequacy
Tier 1 Common Capital 321,542 167,676
Tier 1 Capital 321,542 168,284
Tier 2 Capital 31,354 12,987
Total Capital 352,896 181,251
Total Risk Weighted Assets 2,728,204 1,322,504
Leverage Ratio 7.9 10.082
Common Equity Tier 1 Capital Ratio 11.79 13.216
Tier 1 Capital Ratio 11.79 13.409
Total Capital Ratio 12.94 14.568

Timeline for Square 1 Bank

Pacific Western Bank

Square 1 Bank was acquired by Pacific Western Bank 8 years

View Profile Oct 07 2015

Square 1 Asset Management, Inc.

Square 1 Asset Management, Inc. became a new subsidiary organization for Square 1 Bank.

View Profile Apr 04 2013

Square 1 Bank

Square 1 Bank was established 18 years ago and is currently headquartered in Durham, NC.

Aug 08 2005

Square 1 Financial, Inc.

Square 1 Financial, Inc. became a new parent organization for Square 1 Bank.

View Profile Aug 08 2005
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Pacific Western Bank Buyer 21,266,723 Acquisition Discontinued 10/7/2015
Relationships Role Relationship Start Relationship End
Square 1 Financial, Inc. Parent 8/8/2005 10/6/2015
Square 1 Asset Management, Inc. Subsidary 4/4/2013 10/6/2015
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