Private Bancorp of America PBAM

Private Bancorp of America, Inc. is a bank holding company headquartered in La Jolla, California, that operates through its wholly-owned subsidiary CalPrivate Bank. The company provides relationship-based banking services focused on private banking, business banking, and SBA lending to high-net-worth individuals, entrepreneurs, professionals, and closely-held businesses. CalPrivate Bank is a California state-chartered commercial bank with deposits insured by the FDIC, serving clients from seven branches located throughout coastal Southern California, including Beverly Hills, Coronado, La Jolla, Montecito, Newport Beach, San Diego, and El Segundo.

Private Bancorp of America, Inc. generates revenue primarily through net interest income, which is the difference between interest earned on loans and investment securities and interest paid on deposits and borrowed funds. The company also earns noninterest income from service charges on deposit accounts, net gains on sales of the guaranteed portions of SBA 7(a) loans, servicing income related to loans sold, and other fee income. Its primary customer base consists of private banking clients, the businesses they own and operate, and the advisors that serve them, with a focus on relationship-driven financial solutions.

Private Bancorp of America, Inc. operates through the following segments: private banking, business banking, and SBA lending.

• Private banking: This segment delivers customized banking products and services for high-net-worth individuals, real estate entrepreneurs, and professionals. The company leverages its deep understanding of clients’ financial needs combined with innovative technology to offer tailored solutions. Services include personalized deposit accounts, wealth management support, and specialized lending designed for affluent clients.
• Business banking: This segment serves closely-held businesses, for-profit and nonprofit organizations, and entrepreneurs by providing commercial lending, treasury management, and deposit services. The company supports business growth through customized credit facilities, cash management tools, and dedicated relationship managers. It emphasizes long-term partnerships with business owners and their financial advisors.
• SBA lending: This segment focuses on originating and servicing Small Business Administration loans, including both SBA 7(a) and SBA 504 programs. The company originates SBA loans secured by real estate and non-real estate assets, often selling the guaranteed portion of SBA 7(a) loans in the secondary market. Servicing income is generated from loans sold, and the segment contributes to noninterest income through gain on sale of SBA loans and related servicing fees.

Private Bancorp of America, Inc. holds a competitive position in the Southern California banking market as a relationship-focused institution that differentiates itself through personalized service and specialized lending expertise. The company competes with larger national banks, regional financial institutions, and fintech companies by emphasizing deep client relationships, local market knowledge, and niche expertise in private and business banking. Its competitive advantages include a strong brand in affluent coastal communities, a well-capitalized balance sheet, and a focus on credit quality and client retention.

Private Bancorp of America, Inc. serves high-net-worth individuals, real estate entrepreneurs, professionals, closely-held businesses, and for-profit and nonprofit organizations in coastal Southern California. The company’s clients include private banking customers who rely on personalized financial services, business owners seeking commercial lending and treasury solutions, and advisors who refer clients to the bank for specialized financial needs. Its customer base is built on long-term relationships and trust within affluent and entrepreneurial communities across its seven branch locations.