Private company

Silvergate Capital Corp

American state commercial bank, incorporated in Maryland1

In its 2022 annual report the company says: “Silvergate Capital Corporation is the holding company for our wholly owned subsidiary, Silvergate Bank, which we believe is the leading provider of innovative financial infrastructure solutions and services to participants in the nascent and expanding digital currency industry.”60 It is headquartered in La Jolla, California.1

Last updated Oct 21, 2026.

Overview

  • IndustryState Commercial Banks1
  • HeadquartersLa Jolla, California1
  • Incorporated inMD2
  • Business address4250 Executive Square Ste 300, La Jolla, Ca 920372
  • Filer categoryLarge accelerated filer2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income345$78.5M in 2021+252% since 2018
0$20.0M$40.0M$60.0M$80.0M2018: $22.3M$22.3M20182019: $24.8M$24.8M2019+11%2020: $26.0M$26.0M2020+5%2021: $78.5M$78.5M2021+202%
Fiscal year201720182019202020212022
Interest$3.1M3$10.1M4$7.2M5$1.1M5
Income before tax$85.4M5
Income tax$8.1M3$9.8M4$5.2M5$6.9M5
Net income$22.3M3$24.8M4$26.0M5$78.5M5
Earnings per share$1.353$1.384$1.395$2.955
Earnings per share (diluted)$1.313$1.354$1.365$2.915
Shares (weighted, basic)25.6M shares5
Shares (weighted, diluted)25.9M shares5

Compare Silvergate Capital Corp with another company

Corporate structure

Silvergate Capital Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Silvergate Capital Corp

  • JANE STREET GROUP, LLC Filed SC 13G/A on Silvergate Capital Corp, latest Feb 12, 2024 (2 filings since Feb 14, 2023)
  • William H. Miller Iii. Filed SC 13G/A on Silvergate Capital Corp, latest May 22, 2023 (2 filings since Jan 13, 2023)
  • BlackRock Filed SC 13G/A on Silvergate Capital Corp, latest Apr 6, 2023 (3 filings since Feb 8, 2022)
  • GROUP ONE TRADING LLC Filed SC 13G/A on Silvergate Capital Corp, latest Mar 6, 2023 (2 filings since Feb 13, 2023)
  • Citadel Securities GP LLC Filed SC 13G on Silvergate Capital Corp, latest Feb 14, 2023
  • SUSQUEHANNA SECURITIES, LLC Filed SC 13G on Silvergate Capital Corp, latest Feb 14, 2023
  • Block.One Filed SC 13G/A on Silvergate Capital Corp, latest Feb 10, 2023 (2 filings since Nov 23, 2022)
  • Brendan Francis Blumer Filed SC 13G/A on Silvergate Capital Corp, latest Feb 10, 2023 (2 filings since Nov 23, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Silvergate Capital Corp, latest Feb 9, 2023 (2 filings since Feb 10, 2022)
  • State Street Corporation Filed SC 13G on Silvergate Capital Corp, latest Feb 2, 2023
  • MILLENNIUM MANAGEMENT LLC Filed SC 13G on Silvergate Capital Corp, latest Dec 21, 2022
  • EJF Capital LP Filed SC 13G/A on Silvergate Capital Corp, latest Feb 11, 2022
  • Silvergate Capital Corp La Jolla, California

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Silvergate Capital Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$9.7M5 Dec 31, 2021$7.8M5 Dec 31, 2020+24.6%
Accumulated depreciation$6.7M5 Dec 31, 2021$5.7M5 Dec 31, 2020+17.1%
Property and equipment, net$3.0M5 Dec 31, 2021$2.1M5 Dec 31, 2020+45.2%
Operating-lease assets (leased space)$4.5M5 Dec 31, 2021$1.8M5 Dec 31, 2020+147.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.4B5 Dec 31, 2021$3.0B5 Dec 31, 2020+81.9%
Debt securities available for sale$8.6B5 Dec 31, 2021$939.0M5 Dec 31, 2020+818.5%
Loans, net of allowance$887.3M5 Dec 31, 2021$746.8M5 Dec 31, 2020+18.8%
Deposits held (banks)$14.3B5 Dec 31, 2021$5.2B5 Dec 31, 2020+172.3%

Leadership

Who has led Silvergate Capital Corp, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Antonio Martino2019–2023

Chief operating officer

  1. Kathleen Fraher2019–2022
20202025
Board members and other officers (19)

Timeline

  1. Nov 22, 20238-K Regulation FD disclosure29
  2. Aug 28, 20238-K Executive or director change; Bylaws or fiscal year changed30
  3. Aug 15, 20238-K Executive or director change31
  4. Jun 1, 20238-K Other events32
  5. May 23, 20238-K Change of auditor33
  6. May 16, 20238-K Listing notice or transfer34
  7. May 11, 20238-K Exit or restructuring costs; Other events35
  8. Mar 27, 20238-K Other events36
  9. Mar 20, 20238-K Listing notice or transfer; Executive or director change37
  10. Mar 8, 20238-K Regulation FD disclosure; Other events38
  11. Feb 9, 20238-K Executive or director change39
  12. Jan 27, 20238-K Regulation FD disclosure40

Calendar

When it reported results

  1. Jan 17, 2023Reported quarterly or annual results41
  2. Oct 18, 2022Reported quarterly or annual results42
  3. Jul 19, 2022Reported quarterly or annual results43
  4. Apr 19, 2022Reported quarterly or annual results44
  5. Jan 18, 2022Reported quarterly or annual results45
  6. Oct 19, 2021Reported quarterly or annual results46

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

191 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 58 major events, 81 insider forms, 21 large holders, 26 other. The latest 20:

  1. Feb 12, 2024SC 13G/A EDGAR
  2. Jan 3, 2024EFFECT EDGAR
  3. Jan 3, 2024EFFECT EDGAR
  4. Jan 2, 202415-12G CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION EDGAR
  5. Dec 1, 2023POSASR POST-EFFECTIVE AMENDMENT NO. 2 EDGAR
  6. Dec 1, 2023POSASR POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  7. Dec 1, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  8. Dec 1, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  9. Dec 1, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  10. Dec 1, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  11. Nov 22, 20238-K CURRENT REPORT EDGAR
  12. Nov 21, 20234 EDGAR
  13. Oct 13, 202311-K ANNUAL REPORT EDGAR
  14. Aug 28, 20238-K CURRENT REPORT EDGAR
  15. Aug 15, 20238-K CURRENT REPORT EDGAR
  16. Jun 30, 2023NT 11-K NOTIFICATION OF LATE FILING EDGAR
  17. Jun 12, 20234 EDGAR
  18. Jun 12, 20234 EDGAR
  19. Jun 12, 20234 EDGAR
  20. Jun 12, 20234 EDGAR

The 191 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

18 open-market trades by officers, directors and large owners since October 2021: 1 buys and 17 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 21, 2022LANE ALAN JChief Executive OfficerSale16,314$92.46$1.5MForm 4
Apr 22, 2022Fraher KathleenChief Transition OfficerSale750$135.00$101.2KForm 4
Apr 21, 2022Fraher KathleenChief Transition OfficerSale750$130.44$97.8KForm 4
Feb 22, 2022Brassfield Karen F.DirectorSale3,000$113.34$340.0KForm 4
Feb 4, 2022Lempres MichaelDirectorBuy500$112.20$56.1KForm 4
Nov 19, 2021Fraher KathleenChief Transition OfficerSale3,539$220.84$781.6KForm 4
Nov 8, 2021Paik Son-JaiChief Human Resource OfficerSale5,000$219.38$1.1MForm 4
Nov 8, 2021FRANK DENNIS SDirectorSale25,000$219.88$5.5MForm 4
Nov 5, 2021Reynolds BenPresidentSale3,000$220.00$660.0KForm 4
Nov 5, 2021Reynolds BenPresidentSale3,000$220.00$660.0KForm 4
Nov 3, 2021Colucci Paul D.DirectorSale10,601$204.50$2.2MForm 4
Nov 3, 2021FRANK DENNIS SDirectorSale25,000$200.76$5.0MForm 4
Nov 3, 2021Eisele Derek J.Executive Vice PresidentSale30,000$200.76$6.0MForm 4
Nov 1, 2021Reed Scott A.DirectorSale5,000$171.38$856.9KForm 4
Oct 25, 2021Reed Scott A.DirectorSale7,522$150.11$1.1MForm 4
Oct 25, 2021Eisele Derek J.Executive Vice PresidentSale40,000$150.72$6.0MForm 4
Oct 21, 2021Reed Scott A.DirectorSale5,498$150.02$824.8KForm 4
Oct 21, 2021DIRCKS THOMAS CDirectorSale50,000$150.11$7.5MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Silvergate Capital Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSilvergate Capital Corp1
  • CIK0001312109
  • Filer statusLarge accelerated filer1
  • Incorporated inMaryland1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6022 State Commercial Banks1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address4250 Executive Square Ste 300, La Jolla, CA 920371
  • Phone(858) 362-63001
  • Shares outstanding31,658,603 as of Oct 31, 20227
  • Public float$2.9B as of Jun 30, 20215
  • On EDGAR sinceDec 14, 20041
  • Filings473 in all: 4 (213), 8-K (100), 3 (20), SC 13G (18), SC 13G/A (16), 10-Q (10), 4/A (9), 424B5 (7)1
    All 42 form types

    CORRESP (6), EFFECT (5), S-1/A (5), UPLOAD (5), DRSLTR (4), 10-K (3), 11-K (3), 5 (3), D (3), DEF 14A (3), DEFA14A (3), DRS/A (3), POSASR (3), 15-12G (2), 8-A12B (2), 8-K/A (2), CERT (2), POS AM (2), REGDEX (2), S-3 (2), S-3ASR (2), S-8 (2), S-8 POS (2), 25-NSE (1), 424B4 (1), DRS (1), FWP (1), NT 10-K (1), NT 10-K/A (1), NT 10-Q (1), NT 11-K (1), PRE 14A (1), REGDEX/A (1), S-1 (1)

  • Latest filingsAnnual report (10-K) Feb 28, 2022
    Quarterly report (10-Q) Nov 7, 2022
    Proxy statement (DEF 14A) Apr 14, 2022
    Latest 8-K (8-K) Nov 22, 2023

Sources

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