Executive Management
Alan Lane
President and Chief Executive Officer
Alan J. Lane was elected as Director and President of Silvergate Capital Corporation and as Director, President and Chief Executive Officer of Silvergate Bank in December 2008. Mr. Lane has over 25 years of corporate and financial institution leadership experience. He formerly held the positions of Executive Chairman of Belvedere SoCal; Director, President and Chief Operating Officer of Southwest Community Bancorp a $650 million company; Vice-Chairman and Chief Executive Officer of Financial Data Solutions, Inc.; and President and Chief Executive Officer of Business Bank of California, a $700 million commercial bank with fifteen branches in northern and southern California. Mr. Lane is a member of the Board of Trustees of John Paul the Great Catholic University. He earned his BA in Economics from San Diego State University.
Derek Eisele
Vice Chairman of the Board \ Executive Vice President and Chief Lending Officer
Since the recapitalization of Silvergate Bank in 1996, Mr. Eisele has served as a Managing Director of the Bank and its parent company Silvergate Capital Corp. Mr. Eisele holds the position of Vice Chairman of both organizations and is Executive Vice President of the Bank. Mr. Eisele was also an active partner in DSF Management Corporation, a real estate investment and management company, from 1994-2000. Mr. Eisele and his partner, Dennis Frank, invested $94MM in various real estate transactions and controlled approximately $250 million in assets during a six year period. They generated an internal rate of return in excess of 27% on their investments. From November 1989 to April 1994, Mr. Eisele was a Vice President of Coastal Realty Partners, Houston, Texas, a wholly owned subsidiary of Coastal Banc ssb. Mr. Eisele was responsible for managing and disposing of real estate and real estate related assets on behalf of governmental agencies and private investors. Mr. Eisele oversaw asset resolutions from over 100 failed financial institutions through contract work for the FDIC, RTC, and Federal and Savings Loan Insurance Corporation. In aggregate, Mr. Eisele's asset management experience exceeds $3 billion, including performing, sub performing, and nonperforming loans as well as REO properties. Mr. Eisele has a Master of Business Administration from the University of Houston and a Bachelor of Science in Business Administration from the University of Delaware. Mr. Eisele is also a graduate of the American Banker's Association Stonier Graduate School of Banking at the University of Pennsylvania.
Karen Brassfield
Senior Vice President and Chief Financial Officer
Karen Brassfield joined Silvergate Bank in March 2009 with over 35 years banking experience in the San Diego market. Ms. Brassfield brings a diverse banking background to Silvergate that includes accounting, strategic planning, branch operations, retail banking sales and service, data processing, business banking, human resources, regulatory compliance and check processing. She was formerly the Chief Administrative Officer for San Diego National Bank, a $2.3 billion asset bank where she managed the growth of the retail bank from $900 million to over $2 billion in assets. This included expansion of the branch system from 12 to 21 branches. Prior to San Diego National Bank, Ms. Brassfield was Chief Financial Officer for Community National Bank in Escondido, California and Chief Administrative Officer for First National Bank San Diego, California. She has also held the titles of Chief Information Officer and Loan Servicing Manager. Ms. Brassfield received a B.A. in Economics from Lawrence University, Appleton, Wisconsin. She is a graduate of LEAD San Diego.
Senior Management
John M. Bonino
Senior Vice President, Corporate Development
John Bonino has been associated with the Company and Bank as a consultant or employee since 1996, including serving as President and Chief Operating Officer of the Bank from 2003 to 2006. He is also President of InterFinancial Group, LTD., a financial services industry consulting firm engaged by the Company and Bank since 2003. From 1996 to 2003 he was Managing Director of WHE Associates, an advisory firm whose transactions included working with DSF Management Corp. on the 1996 recapitalization of the Company and Bank, arranging a $200 million equity investment for an large public real estate firm, and forming St. Cloud Capital Partners, an SBA licensed small business investment company. From 1992 to 1995 Mr. Bonino was Executive Vice President, Chief Administrative and Financial Officer of Imperial Thrift and Loan, where he helped plan and direct an operating turnaround and $60 million initial public offering. From 1990 to 1992 he was President of F. L. Bryant & Co., an investment banker whose engagements included the $42 million sale of First Pacific Advisors, a manager of over $2.7 billion in mutual funds and private accounts. Mr. Bonino was previously Executive Vice President and Director of the West’s largest securities firm, Bateman Eichler, Hill Richards, Inc., whose $53 million purchase by Kemper Financial Group in 1982 he helped negotiate, and where his responsibilities included administration of the firm’s 35 office branch system with over 600 employees. He was also Senior Vice President of Wedbush, Noble, Cooke, Inc. and Corporate Counsel of TransTechnology Corporation. Mr. Bonino is a graduate of the University of Southern California School of Business and Stanford Law School, and a member of the California State Bar.
Elaine Batlis
Senior Vice President and Manager, Warehouse Lending Devision
Elaine Batlis has been Manager of Silvergate Bank’s Warehouse Lending Division since March 2009. Ms. Batlis has over 23 years of banking, mortgage warehousing, consulting, and regulatory experience. From 2006 to 2008 Ms. Batlis was the President of the Warehouse Lending Division of Impac Mortgage Holdings, a publicly traded real estate investment trust, where she was responsible for re-defining the division’s overall direction and supervising all aspects of its operations, including managing total credit facilities relationships in excess of $5 billion. Prior to Impac, Ms. Batlis was the President and Chief Executive Officer of INSOUTH Funding in Naples, Florida. Ms. Batlis organized this subsidiary of INSOUTH Bank, established its accounting systems and procedures, implemented an advanced loan tracking program, established a comprehensive quality control program, hired and trained staff for the company’s two locations, and managed growth of the company to fundings of over $2 billion. In addition, Ms. Batlis has served in various capacities in community banks including Chief Financial Officer, Chief Operating Officer and Director. Ms. Batlis holds a Bachelor of Arts degree from Mid-America Nazarene University in Olathe, Kansas, and completed Graduate School of Banking at University of Colorado, Boulder, Colorado.