Silicon Valley Bank
Silicon Valley Bank reported total assets of $209.0 bn at Q4 2022, its last Call Report before it merged into Deposit Insurance National Bank of Santa Clara. Its common equity tier 1 ratio was 15.26%, and an estimated 93.88% of domestic deposits were uninsured. Source: FDIC Call Report data, cross-checked against FFIEC filings.
- Return on equity (ROE): down 0.88 pp on Q3 2022, to 13.43%
- Net loans and leases: up 2.9% on Q3 2022, to $73.6 bn
- Bank equity capital: up 2.2% on Q3 2022, to $15.5 bn
Ranks compare banks in our US coverage that report each metric. Sparklines: the last ten years. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Overview
What stands out about Silicon Valley Bank?
Its largest one-quarter change in total assets since Q1 2016 was +23.2% between Q4 2020 and Q1 2021, a quarter with no merger or acquisition in the FDIC history. Against its six size peers, its uninsured share of domestic deposits stands out most: 93.88% at Q4 2022, above the peer median of 48.09%.
How large is Silicon Valley Bank?
At Q4 2022 the bank held $209.0 bn of assets. Deposits were $175.4 bn and net loans and leases $73.6 bn, a loan-to-deposit ratio of 41.97%. Securities of $117.3 bn made up 56.1% of assets.
Total assets rose 386.1% between Q1 2016 and Q4 2022, from $43.0 bn.
How much of its funding is uninsured?
An estimated 93.88% of domestic deposits were above the FDIC insurance limit at Q4 2022, -0.03 pp from the previous quarter and -0.79 pp from a year earlier.
Key facts, Q4 2022
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total assets | $209.0 bn | +0.2% | |
| Total deposits | $175.4 bn | -8.4% | |
| Net loans and leases | $73.6 bn | +11.8% | |
| Bank equity capital | $15.5 bn | +4.5% | |
| Common equity tier 1 (CET1) ratio | 15.26% | +0.37 pp | |
| Tier 1 leverage ratio | 7.96% | +0.72 pp | |
| Return on equity (ROE) | 13.43% | +1.55 pp | |
| Net interest margin | 2.23% | +0.18 pp | |
| Uninsured share of domestic deposits | 93.88% | -0.79 pp | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $15.2 bn | Widened by $14.2 bn | |
| Noncurrent loans to total loans | 0.19% | +0.06 pp | |
| Net charge-offs to average loans | 0.10% | -0.11 pp |
US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.
Balance sheet
Total assets, deposits and net loans, quarterly, Q1 2016 to Q4 2022. Dashed amber lines mark the merger or acquisition listed under Mergers and acquisitions.
- Total assets $209bn
- Deposits $175bn
- Net loans $73.6bn
Capital and securities
The common equity tier 1 (CET1) ratio was 15.26% at Q4 2022, +0.37 pp from a year earlier. Since Q1 2016 it has ranged from 10.70% (Q4 2020) to 15.54% (Q3 2022). At Q4 2022 the tier 1 leverage ratio was 7.96% and the total risk-based capital ratio 16.05%. The median CET1 ratio of the size peers listed below was 11.27% at Q4 2022.
Held-to-maturity securities had an unrealized loss of $15.2 bn at Q4 2022, measured as fair value minus amortized cost, equal to 98.1% of bank equity capital. The loss widened by $14.2 bn from a year earlier. The largest unrealized loss on these securities was $15.9 bn at Q3 2022. Available-for-sale securities showed an unrealized loss of $2.5 bn at Q4 2022; the loss widened by $2.4 bn from a year earlier.
Capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 8.0%
Unrealized gains and losses on securities
- Available for sale -$2.5bn
- Held to maturity -$15.2bn
Profitability and loan quality
Return on equity was 13.43% for the year to Q4 2022, annualized, with a return on assets of 0.96% and a net interest margin of 2.23%. The margin was +0.18 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 46.42%. Net income for the year to Q4 2022 was $2.0 bn, up 56.4% on the same period a year earlier. The median return on equity of its size peers was 11.52% for the same period.
Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 0.19% of total loans at Q4 2022. Net charge-offs for the year to date were 0.10% of average loans, annualized.
Profitability
- Return on equity 13%
- Net interest margin 2.2%
- Return on assets 1.0%
Compared with banks of similar size
The six banks ranked closest to Silicon Valley Bank by total assets at Q4 2022, three above and three below where possible.
Among the seven banks in the table at Q4 2022, Silicon Valley Bank is 4th by total assets. Its CET1 ratio of 15.26% compares with a peer median of 11.27%, its tier 1 leverage ratio of 7.96% compares with a peer median of 9.00%, and its return on equity of 13.43% compares with a peer median of 11.52%.
| Bank | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|
| Citizens Bank | $226.4 bn | 11.19% | 9.42% | 49.02% | |
| First Republic Bank | $212.6 bn | 9.17% | 10.03% | 67.71% | |
| Morgan Stanley Private Bank | $209.7 bn | 27.52% | 16.41% | 29.79% | |
| Silicon Valley Bank | $209.0 bn | 15.26% | 13.43% | 93.88% | |
| Fifth Third Bank | $206.3 bn | 11.31% | 13.02% | 52.17% | |
| Morgan Stanley Bank | $201.4 bn | 20.47% | 19.16% | 30.45% | |
| Manufacturers and Traders Trust Company | $200.3 bn | 11.23% | 9.32% | 47.16% | |
Q4 2022. Peer median (the six banks, excluding this one): CET1 11.27%, return on equity 11.52%. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Last eight quarters
Silicon Valley Bank, as reported in its Call Reports.
From Q1 2021 to Q4 2022, total assets rose 49.0% to $209.0 bn, deposits rose 40.0% to $175.4 bn and bank equity capital rose 76.3% to $15.5 bn. Over the same period its full-time equivalent staff went from 3,909 to 7,095 and its offices went from 5 to 8.
| Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $140.3 bn | $161.2 bn | $188.3 bn | $208.6 bn | $217.8 bn | $211.8 bn | $210.2 bn | $209.0 bn |
| Total deposits | $125.3 bn | $147.5 bn | $172.3 bn | $191.4 bn | $200.4 bn | $190.2 bn | $178.9 bn | $175.4 bn |
| Bank equity capital | $8.8 bn | $10.4 bn | $13.4 bn | $14.8 bn | $14.6 bn | $15.4 bn | $15.1 bn | $15.5 bn |
| Common equity tier 1 (CET1) ratio | 12.93% | 13.66% | 14.68% | 14.89% | 14.89% | 15.39% | 15.54% | 15.26% |
| Return on equity (ROE) | 14.30% | 13.41% | 11.56% | 11.88% | 14.00% | 13.65% | 14.31% | 13.43% |
| Uninsured share of domestic deposits | 94.21% | 94.83% | 94.22% | 94.66% | 94.59% | 94.49% | 93.90% | 93.88% |
| Full-time equivalent employees | 3,909 | 4,078 | 5,554 | 6,203 | 5,928 | 6,574 | 6,931 | 7,095 |
| Number of offices | 5 | 19 | 11 | 10 | 8 | 8 | 8 | 8 |
Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Mergers and acquisitions
Figures before and after each event are not like for like.
- . Absorbed Boston Private Bank & Trust Company (FDIC certificate 24811).
- . Merged into Deposit Insurance National Bank of Santa Clara (FDIC certificate 59331).
Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.
Identifiers and sources
- FDIC certificate
- 24735
- Federal Reserve RSSD ID
- 802866
- Head office
- Santa Clara, California
- Holding company
- SVB FINANCIAL GROUP (as reported to the FDIC)
- Holding company RSSD ID
- 1031449
- EconoMonitor ID
- EMB-US-000023
Frequently asked questions
What were Silicon Valley Bank's total assets?
$209.0 bn at Q4 2022, according to its Call Report as published by the FDIC.
Is Silicon Valley Bank the same as its holding company?
No. This page covers the FDIC-insured bank (certificate 24735). Its holding company, SVB FINANCIAL GROUP (as reported to the FDIC), reports separately to the Federal Reserve and, if its shares are listed, to the SEC.
How often is this page updated?
Every quarter, after Silicon Valley Bank files its Call Report and the FDIC publishes it. This page shows Q4 2022, loaded on 19 October 2026; any sentence that uses an earlier quarter names it.
Where can I check these numbers?
In the FDIC BankFind Suite record for certificate 24735, and in the Call Reports filed under RSSD ID 802866 at the FFIEC Central Data Repository.
Sources and definitions
Definitions, Call Report fields and formulas for each metric: Bank equity capital, Uses community bank leverage ratio framework, Common equity tier 1 (CET1) ratio, Deposits in domestic offices, Efficiency ratio, Full-time equivalent employees, Loan-to-deposit ratio, Total loans and leases (gross), Net loans and leases, Net charge-offs to average loans, Net income (year to date), Net interest margin, Noncurrent loans to total loans, Number of offices, Return on assets (ROA), Return on equity (ROE), Available-for-sale securities (amortized cost), Available-for-sale securities (fair value), Held-to-maturity securities (amortized cost), Held-to-maturity securities (fair value), Total securities, Tier 1 leverage ratio, Total assets, Total deposits, Total equity capital, Total risk-based capital ratio, Uninsured share of domestic deposits, Estimated uninsured deposits, Unrealized gain/loss on available-for-sale securities, Unrealized gain/loss on held-to-maturity securities.
Checks for this release: Check A (database against the FDIC download) passed, Check B (FDIC against FFIEC Call Report filings) passed.
Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. FDIC BankFind Suite API.
Source: FFIEC Central Data Repository (Call Reports). EconoMonitor is not affiliated with or endorsed by the FFIEC. FFIEC Central Data Repository, Public Data Distribution.
Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.