Banks | Silicon Valley Bank

Silicon Valley Bank


Silicon Valley Bank ACH Number: 121140399

Silicon Valley Bank is an FDIC insured institution headquartered at 3003 Tasman Dr, Santa Clara, CA 95054.
It was founded in 1983 and has approximately $212 billion in assets. Customers can open an account at one of its 6 branches.

Deposit Rates - April 25, 2024

Public Note:

Bank placed under FDIC receivership on March 10, 2023.

March 13, 2023

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 24735
Date Established 1983
Assets $ 211.82 billion
Loans $ 73.61 billion
Deposits $ 175.38 billion
Capital $ 15.46 billion

Financial Note

Bank placed under FDIC receivership on March 10, 2023.


Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 12.51 billion
Interest-bearing balances $ 11.32 billion
Total securities $ 117.30 billion
Federal funds sold and reverse repurchase $ 707.00 million
Net loans and leases $ 73.61 billion
Loan loss allowance $ 636.00 million
Trading account assets $ 127.00 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 285.00 million
All other assets $ 3.87 billion
     Total Assets $ 193.57 billion

LIABILITIES
Total deposits $ 175.38 billion
      Interest-bearing deposits $ 92.36 billion
      Deposits held in domestic offices $ 161.48 billion
      % insured (estimated) 5.69%
Federal funds purchased and repurchase agreements $ 524.00 million
Trading liabilities $ 332.00 million
Other borrowed funds $ 3.65 billion
Subordinated debt N.A.
All other liabilities $ 2.16 billionn
      Total Liabilities $ 193.57 billion
      Shareholders’ Equity $ 18.25 billion

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 5.68 billion
Total Interest Expense $ 1,097.00 million
Net interest income $ 4.58 billion
Provision for loan and lease losses $ 420.00 million
Total non interest income $ 1,267.00 million
Total non interest expense $ 2.73 billion
Pre-tax Net Operating Income $ 1,332.00 million

Silicon Valley Bank's History

Bank placed under FDIC receivership on March 10, 2023.

*Should any logos, images or public notes appear on this page,they do so courtesy of Silicon Valley Bank and are not subject to approval of RatesAndInfo.com. RatesAndInfo.com expressly disclaims all responsibility for this content.

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