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Tuesday, December 1, 2009, 9:26PM ET - U.S. Markets Closed. Dow Up 1.23% Nasdaq Up 1.46%
Privatebancorp Inc. (PVTB)At 4:00PM ET: 10.25  Up 0.36 (3.64%)  
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Privatebancorp Inc.
120 South LaSalle Street
Suite 400
Chicago, IL 60603
United States - Map
Phone: 312-564-2000
Web Site: http://www.pvtb.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:1,031

BUSINESS SUMMARY 
PrivateBancorp, Inc., through its subsidiaries, provides various business and personal financial services to middle-market commercial and commercial real estate companies, business owners, executives, entrepreneurs, and wealthy families in the United States. It primarily engages in generating deposits and originating loans. The company’s commercial banking services include lines of credit for working capital, term loans for equipment and other investment purposes, and letters of credit; treasury management services, including a suite of collection, disbursement, information reporting, and investment products; and capital markets products, such as interest rate protection, derivatives, options, and foreign exchange. It also offers real estate lending services, including permanent and interim mortgages to businesses and individuals to finance various owner-occupied properties and investment properties, such as apartment buildings, office buildings, and shopping centers, as well as provides commercial, commercial real estate, construction and residential real estate, and personal loans. In addition, PrivateBancorp offers private banking services to business owners, self-employed, professionals, professional athletes, and other individuals and families. Further, the company offers wealth management services comprising investment management, personal trust, guardianship and estate administration, custody, retirement accounts, and brokerage services. As of December 31, 2008, it operated 23 offices in Atlanta, Chicago, Cleveland, Denver, Des Moines, Detroit, Kansas City, Milwaukee, Minneapolis, and St. Louis metropolitan areas. The company was founded in 1989 and is based in Chicago, Illinois.
Key Statistics

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    CORPORATE GOVERNANCE 
    Privatebancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 4.9% of S&P 600 companies and 22.6% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ralph B. Mandell , 68
    Co-Founder, Exec. Chairman, Chairman of Exec. & Planning Committee and Member of Bus. Risk Committee
    N/A N/A
    Mr. Larry D. Richman , 56
    Chief Exec. Officer, Pres, Exec. Managing Director, Exec. Director, Chairman of Exec. and Planning Committee, Member of Bus. Risk Committee, Chief Exec. Officer of The PrivateBank for Chicago of The PrivateBank for Chicago
    $ 1.39M $ 0
    Mr. Bruce S. Lubin , 55
    Pres of Illinois Commercial Banking - PrivateBank at Chicago
    $ 730.00K $ 0
    Mr. Bruce R. Hague ,
    Head of National Commercial Banking division and Pres of National Commercial Banking of PrivateBank - Chicago
    $ 810.00K $ 0
    Mr. Kevin J. Van Solkema , 48
    Chief Risk Officer
    $ 794.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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