December 20, 2014 1:03 AM ET

Banks

Company Overview of CapitalSource Bank

Company Overview

As of April 7, 2014, CapitalSource Bank was acquired by Pacific Western Bank. CapitalSource Bank provides personal and commercial banking products and services to small and middle-market businesses in California. The company offers depository products, such as money market accounts, savings accounts, and individual retirement accounts, and certificates of deposit. The company was founded in 2008 and is based in Los Angeles, California, with retail branch locations in southern and central California.

633 West 5th Street

33rd Floor

Los Angeles, CA 90071

United States

Founded in 2008

Phone:

213-443-7700

Key Executives for CapitalSource Bank

CapitalSource Bank does not have any Key Executives recorded.

CapitalSource Bank Key Developments

CapitalSource Bank Presents at The 5th Annual Bankers & Financial Institutions Special Assets Conference on Real Estate Workouts, Mar-10-2014

CapitalSource Bank Presents at The 5th Annual Bankers & Financial Institutions Special Assets Conference on Real Estate Workouts, Mar-10-2014 . Venue: Marriott New York Downtown, 85 West Street, New York, NY 10006, United States. Speakers: Walter P. Schuppe, Managing Director -Special Assets Group.

CapitalSource Bank Presents at 11th Annual Healthcare and Life Sciences Private Equity and Finance Conference, Feb-26-2014 02:15 PM

CapitalSource Bank Presents at 11th Annual Healthcare and Life Sciences Private Equity and Finance Conference, Feb-26-2014 02:15 PM. Venue: The Ritz - Carlton Chicago, 160 East Pearson Street, Chicago, IL 60611, United States. Speakers: Michael Broderick, Leveraged Finance - Healthcare.

CapitalSource Bank Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

CapitalSource Bank reported unaudited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net interest income of $91,124,000, net income before income taxes of $64,355,000, net income of $37,566,000 compared to net interest income of $91,704,000, net income before income taxes of $63,412,000, net income of $38,397,000 for the three months ended September 30, 2013. Return on average assets was 1.86% compared to 1.84% a year ago. Return on average equity was 12.28% compared to 12.53% a year ago. For the year, the company reported net interest income of $356,200,000 compared to $330,987,000 a year ago. Net income before income taxes was $237,269,000 compared to $206,721,000 a year ago. Net income was $140,676,000 compared to $122,666,000 a year ago. Return on average assets was 1.82% compared to 1.73% a year ago. Return on average equity was 12.07% compared to 11.73% a year ago.

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