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The West is known for its entrepreneurial culture, and as entrepreneurs ourselves, we appreciate our clients’ visionary ideas and understand the unique challenges they face.

We started Grandpoint Bank as a team of entrepreneurs who enjoyed helping clients build and grow their businesses. As we continue to execute the organic growth phase of Grandpoint’s evolution, we are guided by the notion that as our clients’ businesses grow and thrive, so do we.

In 2015, we continued to build value for Grandpoint Bank, enabling us to achieve record earnings of nearly $30 million with a return on average tangible equity of 10.52% and a 1.00% return on average assets. Our level of profitability was due to four factors, the first of which was strong asset growth of $438 million. We achieved an efficiency ratio of 54.25% by controlling expenses, and we prudently managed credit quality and risk, which resulted in a low non-performing assets level and a delinquency ratio of less than 1%. We accomplished all of this while maintaining strong capital ratios.

annual net income

balance sheet growth

Who we are

Grandpoint’s success is shaped by the quality of the relationships that our people establish with our clients. One of our core operating principles has always been to build long-term partnerships with our clients, so that our seasoned bankers can develop an in-depth understanding of their businesses and anticipate their needs. We strive to create continuity year-over-year by maintaining a talented team who combine extensive banking experience, a personalized, advisory approach, and the autonomy to craft customized banking solutions for each client.

I’d like to take a moment to highlight the individuals who make up our core team.

jocelyn pastore Jocelyn Pastore is the EVP & Regional Manager of our Los Angeles region. She oversees a close-knit team of veteran bankers at three branches, maintaining a 99% client retention rate in the San Fernando Valley, Westside and Mid-Wilshire areas of Los Angeles. In the past year, Jocelyn’s region has grown to more than half a billion dollars in total assets. See Case Study
John Nixon John Nixon is the EVP & Regional Manager of our South Bay/Orange County region. John has the distinction of having started our de novo office in the South Bay, which he and his team have built into a thriving $193.4 million business. After John’s success in the South Bay, he also assumed management of Grandpoint’s Orange County operations, and has recently added a number of exciting new hires to the team.
See Case Study
Steve Sefton Regents Bank President Steve Sefton brings a superb business development background and three decades of business banking experience to clients in Regents’ San Diego, Calif., and Vancouver, Wash. offices. Steve and his team take a truly consultative approach to banking to help clients achieve their business goals. Today he oversees one of our fastest-growing regions. See Case Study
Mike Hannley Bank of Tucson President Mike Hannley is known as “Mr. Tucson” by our team. His deep roots and community connections have established Bank of Tucson as a mainstay of the region. As Bank of Tucson celebrates its 20th anniversary in business in 2016, Mike and his team continue to be a driving force in financing local businesses, like Tucson’s iconic resort, Hacienda del Sol, to enable them to grow and thrive in this vibrant community. See Case Study
Rich Endicott As President of The Biltmore Bank of Arizona, Rich Endicott has grown his region to $486.9 million in assets. He and his team have built a substantial business based upon cultivating niche markets that include the solar and self-storage industries. They have accomplished this by gaining expertise about their clients’ businesses, so that they understand the unique challenges and nuances of their clients’ operating environments. See Case Study

Deborah Marsten Deborah Marsten
Our Chief Operating Officer, whom I have worked with for 20 years, brings substantial experience as a bank operator to the Grandpoint team. Her knowledge and oversight enable Grandpoint to maintain a prudent and strategic focus on operating efficiencies, expense management, and safety.
Don Griffith Don Griffith
As Chairman & CEO, I am a lifelong entrepreneur who has established three banks over the course of my career. I enjoy the people aspect of the business the most — meeting with clients, visiting their businesses, and helping them to build and grow.

branch locations

Where we’re going

As we continue to expand within our regions, our focus has shifted from acquisitions to deepening our existing client relationships. We are accomplishing this by providing our clients with more of the products and services they need to help achieve their business objectives. As part of that commitment, we are also planning to expand upon our capabilities in multi-family and SBA/USDA lending, to provide greater access to financing for our clients, and increase growth opportunities for Grandpoint Bank.

Safety and integrity continue to be important aspects of our guiding philosophy, and I am proud of our ongoing ability to operate a clean, healthy bank. Security is an essential part of this priority. We are growing ever more vigilant as the risk and sophistication of cyber fraud continues to evolve in this digital age. We are always working to build our awareness of the potential impacts of cyber crime, and we are committed to sharing those insights with our clients. We will continue to devote our time and efforts toward sourcing information and solutions that can help clients protect their financial assets.

We are grateful for the continued loyalty of our clients. We are committed to earning your confidence and business in the years ahead.

Don M. Griffith

Chairman & Chief Executive Officer

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don griffith

Don M. Griffith

Chairman & Chief Executive Officer