Edition: October 2007



 Local Lender$

 By Richard Acello



Regents Bank Details

Contact Info

Meghan Federico, 32, vice president/business banking
Regents Bank
1921 Palomar Oaks Way, Suite 100
Carlsbad, CA 92008
Phone: (760) 931-5141
Fax: (760) 431-8824
E-mail: mfederico@regentsbank.com

  • Date opened for business: Sept. 14, 2001

  • Assets as of latest quarter: $279 million

  • ROA: 1.23 percent

  • Core capital as percentage of assets: 7.5 percent

  • Provision for loan losses: $2.6 million

  • Plant the flag: Three branches in the San Diego area and a full-service branch in Vancouver, Wash. The bank is looking for additional branch opportunities, which would be dependent on hiring a banking team.

  • Employment: 56

Board of Directors

  • Paul Barber, general partner, JMI Equity

  • Roger Joseph, president and CEO, Franklin Croft Inc.

  • William Nelson, owner and president, Nelson Management Inc.

  • William Roper, president and CEO, VeriSign

  • Patrick Shea, attorney

  • Ronald Spogli, founding partner, Freeman Spogli & Co. (Currently on leave from the board while serving as the U.S. Ambassador to Italy.)

  • Dan Yates, president and CEO, Regents Bank

  • Thomas Young, chairman, Regents Bank; chairman and CEO, Regents Bancshares

Key personnel

Monte Schwartz, chief credit officer; Randy Krenelka, chief financial officer; David Sherwood, chief operations officer.

Niche or target customer

The bank targets small- to medium-sized, privately held companies who appreciate the value of a strong partnership with their banker.


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