Torrey Pines Bank
San Diego, CA — Domestic Branch of a Domestic Bank
Acquired Dec 2013
Vitals
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Total Assets2.1B 10.0 %
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Total Deposits1.8B 14.3 %
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Total Net Loans1.5B 6.6 %
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Net Income16.6M -1.2 %
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Book Value171.8M 2.0 %
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Book Value x2343.7M 2.0 %
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Book Value x3515.5M 2.0 %
Balance Sheet Highlights
Financial Highlights | Torrey Pines Bank | All Insured Commercial Banks in California |
Balance Sheet $(000) | ||
Total Assets | 2,078,444 | 803,312 |
Total Net Loans | 1,505,829 | 509,507 |
Total Deposits | 1,844,656 | 610,640 |
Total Equity | 171,840 | 109,052 |
Profitability | ||
Net Income | 16,594 | 7,278 |
Return on Average Assets | 1.126 | .832 |
Return on Average Equity | 12.949 | 6.639 |
Net Interest Margin | 4.618 | 3.893 |
Efficiency Ratio | 55.785 | 74.229 |
Noninterest Income/Revenue | 4.56 | 13.267 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 81.632 | 77.449 |
Securities/Assets | .158 | .146 |
Total Equity/Total Assets | .083 | .136 |
Tangible Equity/Tangible Assets | .083 | .127 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 172,827 | 95,036 |
Tier 2 Capital | 33,699 | 7,495 |
Total Capital | 206,526 | 102,515 |
Total Risk Weighted Assets | 1,790,825 | 569,688 |
Leverage Ratio | 8.57 | 11.783 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.65 | 16.216 |
Total Capital Ratio | 11.53 | 17.498 |
Timeline for Torrey Pines Bank
Western Alliance Bank
Torrey Pines Bank was acquired by Western Alliance Bank 10 years
View Profile Dec 31 2013Tpb Investments, Inc.
Tpb Investments, Inc. became a new subsidiary organization for Torrey Pines Bank.
View Profile Nov 08 2011Alta Alliance Bank
Acquisition: Torrey Pines Bank acquired a new subsidiary, Alta Alliance Bank, 13 years
View Profile Dec 31 2010Torrey Pines Bank
Torrey Pines Bank was established 20 years ago and is currently headquartered in San Diego, CA.
May 23 2003Western Alliance Bancorporation
Western Alliance Bancorporation became a new parent organization for Torrey Pines Bank.
View Profile May 23 2003Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Western Alliance Bank | Buyer | 16,943,272 | Pooling of Interests | Discontinued | 12/31/2013 |
Alta Alliance Bank | Seller | 213,318 | Pooling of Interests | Discontinued | 12/31/2010 |
Relationships | Role | Relationship Start | Relationship End |
Western Alliance Bancorporation | Parent | 5/23/2003 | 12/30/2013 |
Tpb Investments, Inc. | Subsidary | 11/8/2011 | 12/30/2013 |
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