Bank deposits actually declined since 2004 in San Diego’s cash-richest neighborhood, the Central Business District, aka Downtown 92101. Deposits grew from $2.23 billion in 1996 to $6.15 billion in 2004, but dropped slightly in 2005 and 2006 to $5.27 billion, still exceeding La Jolla and Rancho Santa Fe deposits combined. The market leaders in the CBD, Union Bank and Bank of America, both experienced deposit shrinkage in the last two years and both lost market share. Regents Bank increased market share nearly 64 percent to 1.64 percent of the Downtown market. SDNB edged up from 6.48 to 7.15 percent of the market.

Downtown 92101 Bank Deposits in 2006 Institution Name Deposits $000 Market Share Union Bank of California 1,294,986 24.55% Bank of America 811,506 15.39% U.S. Bank 590,396 11.19% Comerica Bank 587,153 11.13% Wells Fargo Bank 497,410 9.43% San Diego National Bank 377,177 7.15% California Bank & Trust 339,349 6.43% Imperial Capital Bank 168,372 3.19% Washington Mutual Bank 121,126 2.30% Bank of the West 102,367 1.94% Regents Bank 86,246 1.64% Security Bus. Bk Of San Diego 76,031 1.44% First Bank 68,734 1.30% City National Bank 54,504 1.03% Pacific Capital Bank 32,984 0.63% Citibank West 31,146 0.59% Torrey Pines Bank 19,748 0.37% Placer Sierra Bank 14,748 0.28% TOTALS $5,273,983 100%		Downtown 92101 Bank Deposits in 2005 Institution Name Deposits $000 Market Share Union Bank of California 1,376,028 24.83% Bank Of America 943,240 17.02% US Bank National 751,260 13.56% Comerica Bank 631,880 11.40% Wells Fargo Bank 434,897 7.85% San Diego National Bank 358,940 6.48% California Bank & Trust 340,546 6.14% Washington Mutual Bank 195,490 3.53% Imperial Capital Bank 136,095 2.46% Bank of the West 109,393 1.97% Security Bus. Bk of San Diego 83,096 1.50% Regents Bank 62,453 1.13% Pacific Capital Bank 41,002 0.74% City National Bank 33,497 0.60% Citibank West 24,534 0.44% Southwest Community Bank 12,888 0.23% First Bank 6,662 0.12% TOTALS $5,541,901 100%
Downtown 92101 Bank Deposits in 2004 Institution Name Deposits $000 Market Share Union Bank of California 1,678,039 27.25% Bank of America 1,167,347 18.96% Comerica Bank 716,145 11.63% U.S. Bank 588,902 9.56% California Bank & Trust 443,578 7.20% Wells Fargo Bank 442,178 7.18% San Diego National Bank 371,930 6.04% Washington Mutual Bank 267,896 4.35% Bank of the West 133,755 2.17% Imperial Capital Bank 67,784 1.10% Regents Bank 62,448 1.01% Security Bus BK of San Diego 56,506 0.92% Pacific Capital Bank 52,807 0.86% Cathay Bank 37,883 0.62% Southwest Community Bank 25,192 0.41% City National Bank 24,029 0.39% Citibank West 21,192 0.34% TOTALS $6,157,611 100%		Downtown 92101 Bank Deposits in 1996 Institution Name Deposits $000 Market Share Bank of America 667,894 29.84% Wells Fargo Bank 596,415 26.64% San Diego National Bank 154,335 6.89% Imperial Bank 123,995 5.54% Union Bank of California 96,144 4.30% Sumitomo Bank of California 85,482 3.82% Home Savings of America 83,145 3.71% Pacific Crest Investment & Loan 62,150 2.78% Scripps Bank 56,940 2.54% Sanwa Bank California 56,416 2.52% Great Western Bank 52,654 2.35% Grossmont Bank 51,480 2.30% Bank of Commerce 46,933 2.10% General Bank 30,295 1.35% Fireside Thrift Company 26,081 1.17% Glendale Federal Bank 24,619 1.10% Manufacturers Bank 20,654 0.92% Peninsula Bank of San Diego 2,790 0.12% First American Trust Company 0 0.00% TOTALS $2,238,422 100%