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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