Silicon Valley Bank Results Presentation Deck
Overall stable credit metrics and improving economic environment
Stable credit metrics
(excluding isolated GFB potential fraud incident)
NON-PERFORMING LOANS
& NET CHARGE-OFFS
NPLs¹ NCOs²
0.15%
0.35%
Q1'20
0.26%
0.28% 0.26%
0.12%
Q2'20 Q3'20
Improving
economic
environment
Monitoring
COVID-19 spread
svb >
Less $80M
GFB potential
fraud incident
Figures as of 3/31/21
0.79%
0.23% 0.20%
0.09%
0.09%
Q4'20 Q1'21
Only 1.3% of loans on deferral
4%
of total assets
DEFERRAL PROGRAM PARTICIPATION³
Wine
Private
Bank
Venture
Debt
$2.9B
% of total
loans
7.9%
19% Global Fund Banking
of total assets
$2.0B
6/30/20 9/30/20 12/31/20 3/31/21
$0.8B
5.3%
$0.6B
1.8%
1.3%
•Primarily consists of capital call lines of
credit to PE/VC funds (well-diversified, low
risk loans with strong sources of repayment)
• Recent potential fraud loss is an isolated
event in our ~30 years of capital call lending
Private Bank
• Only $19M of net losses since inception (1990s)
• Primarily mortgages located in
CA (63%) with 66% median LTV
U.S. UNEMPLOYMENT RATE4
Unemployment
Rate
1%
of total assets
Strengthening economy
●
●
.
3.8%
13.1%
Vaccines, re-openings
and government support
9% Technology and Life Science/Healthcare
of total assets
• Robust VC investment activity providing
strong support
25
8.8%
6.8%
1. Non-performing loans as a percentage of periodend total loans.
2. Net loan charge-offs as a percentage of average total loans (annualized).
3. Remaining Venture Debt deferrals were not driven by additional extensions (at time of deferral, loans had remaining interesonly
periods which were extended via the program; principal payments commencing throughout 2021).
4. Source: U.S. Bureau of Labor Statistics. Quarterly unemployment rate represents an average of monthly unemployment rates for
each period.
Q1'20 Q2'20 Q3'20 Q4'20 Q1'21
6.2%
Credit quality continuing to improve as
impact of COVID-19 subsides
Wine
Sales improving with re-openings
• 77% of portfolio secured by high-quality
real estate with median LTV of 50%
Continue to monitor Investor Dependent
(primarily Early-Stage), Cash Flow Dependent
and other COVID-19-impacted clients
Limited physical damage from recent
California wildfires
Q1 2021 Financial Highlights
12View entire presentation