Contact Info

John Maguire, executive vice president, 44
Torrey Pines Bank
12220 El Camino Real, Suite 100
San Diego, CA 92130
Phone: (858) 523-4605
Fax: (858) 755-0875
E-mail: jmaguire@torreypinesbank.com

• Date opened for business: May 23, 2003
  
  
• Assets as of latest quarter: $685.7 million (9/07)
  
  
• ROA: .95 percent
  
  
• Core capital as percentage of assets: 10.66 percent
  
  
• Provision for loan losses: $316,810
  
  
• Plant the flag: Seven locations throughout San Diego County: Carmel Valley, Carlsbad, La Mesa, Kearny Mesa, Golden Triangle, and two Downtown locations on B & C streets.
  
  
• Employment: 119

Board of Directors

• Robert Sarver, chairman of the board, Western Alliance Bancorporation
  
  
• Gary Cady, president and CEO, Torrey Pines Bank
  
  
• Peter Q. Davis, retired banker
  
  
• Richard Doan, owner, Doan Construction
  
  
• Jason Hughes, principal, Irving Hughes
  
  
• Mark Johnson, MJB Freight Systems
  
  
• Cary Mack, managing director, LECG
  
  
• Tom Murray, president, Ardent Enterprises
  
  
• Mark Schlossberg, managing director, SWVP Management Co.
  
  
• Sheryl White, community volunteer

Key personnel

Cady, president; Phil Fowler, chief financial officer; Kristine Price, chief credit officer; Alan McEachern, lender and business development officer.

Niche or target customer

Torrey Pines Bank is a state-chartered commercial bank, targeting small and middle market commercial customers, including businesses, investors, developers, local nonprofits, high net worth families and individuals. The bank’s lending limit is $25 million.