| Business Summary | | Silicon
Valley
Bancshares,
a
bank
and
financial
holding
company,
provides
banking
products
and
services
to
emerging
growth
and
middle-market
companies,
focusing
primarily
on
companies
in
the
technology
and
life
sciences
industries
that
are
backed
by
venture
capital
investors.
A
key
component
of
the
Company's
business
strategy
is
to
develop
relationships
with
its
clients
at
a
very
early
stage,
and
to
offer
them
banking
products
and
services
that
meet
their
needs
throughout
their
life
cycle.
The
Company
has
cultivated
strong
relationships
with
venture
capital
firms,
many
of
which
are
its
clients,
which
provide
the
Company
with
access
to
many
potential
banking
clients.
The
Company's
principal
subsidiary,
Silicon
Valley
Bank,
is
a
California-chartered
bank
and
a
member
of
the
Federal
Reserve
System. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Silicon
Valley
Bancshares
is
a
bank
holding
company
for
Silicon
Valley
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
decreased
3%
to
$173.8
million.
Net
interest
income
after
loan
loss
provision
increased
9%
to
$140.8
million.
Net
income
fell
35%
to
$57.5
million.
Net
interest
income
reflects
decreased
interest
earning
assets,
offset
by
a
lower
provision
for
loan
losses.
Earnings
reflect
lower
income
from
the
disposition
of
warrants. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Kenneth Wilcox, 52 Pres,
CEO | $1.7M | -- | A. Catherine Ngo, 40 Gen.
Counsel, Mang. of the Bank's Legal and Loan Services Group | -- | -- | L. Blake Baldwin, 49 Mang.
of the Bank's Organizational and Cultural Devel. Group | 761K | $561K | David Fischer, 40 Mang.
of the Bank's Regional Banking Group | -- | -- | Teresa Heller, 44 Mang.
of the Bank's Northern California Banking Group | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|