Silvergate Bank Results Presentation Deck
January 2023, 11 slides
  1. Silvergate Bank
  2. Related Decks
  3. Results Presentation Decks
exhibit capital corporation earnings presentation | Silvergate Bank
forward looking statements | Silvergate Bank
fourth quarter commentary key commentary key metrics as a result of a crisis of confidence across the digital asset industry many industry participants shifted to a risk off position across digital asset trading platforms in turn total deposits from digital asset customers declined to billion at compared to billion at we utilized wholesale funding to satisfy outflows and subsequently sold debt securities to accommodate sustained lower deposit levels and maintain a highly liquid balance sheet transfer volume on the exchange network sen was billion an increase of on a sequential basis we are taking several decisive actions to ensure our business remains resilient which include certain non core customers and eliminating a portion of our product portfolio reducing our by approximately people or taking an impairment charge of million on developed technology assets purchased from diem group tier leverage ratio book value per common share net loss attributable to common shareholders diluted adjusted net income available to common shareholders adjusted earnings per diluted share | Silvergate Bank
sen platform metrics | Silvergate Bank
digital asset deposits commentary as a result of the crisis of confidence across the digital asset industry average digital asset deposits declined sequentially and year over year the cost of digital asset deposits was in in line with the company low cost digital asset deposit strategy if | Silvergate Bank
asset composition and net interest income asset allocation securities composition of total assets net interest income and margin commentary highly liquid balance sheet with cash and cash equivalents of billion in excess of digital asset deposits all securities are government or agency backed and available for sale of interest earning assets are adjustable rate of interest earning assets are hedged to mitigate interest rate risk loan composition of total assets | Silvergate Bank
income loss commentary adjusted income excludes loss on securities and loss on sale of derivatives fee income from digital currency customers down compared to the prior quarter as a result of a challenging digital asset ecosystem | Silvergate Bank
expense commentary adjusted expense excludes impairment of intangible assets and charges expect to incur charges of approximately the majority of which will be incurred in related to recently announced reduction in force cost savings associated with the reduction in force estimated to be million to million per quarter mace | Silvergate Bank
appendix | Silvergate Bank
non financial measures | Silvergate Bank
reconciliation of non financial measures see non financial measures in our fourth quarter earnings release for more information | Silvergate Bank
See More
Silvergate Bank
Results Presentation Decks
Banks—Regional Decks
Financial Services Decks
Explore Topics
Derivative
Recent decks by Silvergate Bank
Results
October 2022
Results
July 2022
Results
January 2022
See all presentations by Silvergate Bank (4 decks)
Related decks
Tradeweb
Results
April 2022
Tradeweb
Investor Relations
April 2022
Tradeweb
Investor Presentation
August 2022
Cipher Mining
Investor Presentation
May 2023
Tradeweb
Results
August 2022
LSE
Results
March 2022
Recent decks by Silvergate Bank
See all presentations (4 decks)
Results
October 2022
Results
July 2022
Results
January 2022
Tradeweb
Results
April 2022
Tradeweb
Investor Relations
April 2022
Tradeweb
Investor Presentation
August 2022
Cipher Mining
Investor Presentation
May 2023
Tradeweb
Results
August 2022
LSE
Results
March 2022
Search Thousands of Presentations by World Leading Companies
Trending:
Addressable Market
Ecosystem
Beauty Market
WACC
NFT
Management Team
Investment Highlights

Stay in the loop

Join our mailing list to stay in the loop with updates and newest feature releases

Presentations

Start Up
IPO
SPAC
M&A
Investor Day
Results
ESG
Credit
Investment Banking

Explore

Presentation Collections
Slide Collections

Company

Blog
Contact us
© 2021-2023 Slidebook.io