CapitalSource Bank is headquartered in Pasadena, California.  CapitalSource Bank was launched in July, 2008.  The bank purchased the 22 branches of Fremont Investment and Loan.  CapitalSource Bank is a wholly owned subsidiary of CapitalSource, Inc. CapitalSource, is a commercial finance company with more than $3 billion in capital and nearly $20 billion in assets.  According to the data provide in the banks website, the parent corporation conducts lending activities through three focused business units: Healthcare and Specialty Finance, Corporate Finance and Structured Finance, with a nationwide presence while headquartered in Chevy Chase, Maryland.

 

Third quarter 2008 results posted by CapitalSource, Inc included the following highlights;

 

CapitalSource Bank, ending the quarter with

$5.0 billion in retail deposits in 22 branches

$4.0 billion of total commercial lending assets

$1.8 billion of cash, cash equivalents and marketable securities

Total risk-based capital ratio over 16%

Net income for the quarter was $8 million, or $0.03 per diluted share, and Adjusted Earnings for the quarter was $82 million, or $0.30 per diluted share

 

CapitalSource Bank ended the quarter with significant liquidity, including $1.8 billion in cash, cash equivalents and marketable securities; $4.0 billion in commercial lending assets; and $5.0 billion of retail deposits in the 22 branches.

 

CapitalSource

4445 Willard Avenue
12th Floor
Chevy Chase, MD 20815

(866) 590-1566
(301) 841-2700

www.capitalsourcebank.com

 

 

 

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