Endeavor Bank is pleased to announce that the Bank has achieved a Super Premier Performance rating by The Findley Reports based upon its 2021 operating results. Endeavor Bank is one of 84 banks who received a Super Premier rating, the most prestigious of The Findley Reports’ recognition tiers.
“We are proud to be recognized as a Super Premier Performing Bank, the highest rating offered by The Findley Reports,” said Endeavor Bank CEO, Dan Yates. “This designation is a testament to the hard work and dedication of the entire Endeavor Bank team.”
Each year, The Findley Reports, reviews the year-end operating results of financial institutions through the country and publishes a list of “Super Premier,” “Premier” and “Commendable” performing banks. The criteria utilized in the analysis to determine performance levels includes increased liquidity, capital adequacy, asset structure and growth, loan portfolio and deposit qualities, operating performance, equity return and senior management stability.
“Endeavor Bank’s reputation for hands-on, consultative banking grew throughout Southern California in 2021, thanks to our team and our advocates,” said Endeavor Bank President, Steve Sefton. “We’re tremendously grateful to have such loyal and dedicated shareholders and clients who encouraged other business owners to turn to Endeavor Bank for banking, loans and more.
The Findley Reports’ Super Premier Performance classification is widely coveted by financial institutions nationwide. The Findley Reports has provided the banking industry with important performance benchmarks through annual designations since 1965.
About Endeavor Bank
Endeavor Bank is primarily owned and operated by San Diegans for San Diego businesses and their owners. The bank’s focus is local: local decision-making, local board, local founders, local owners, and relationships with local clients in the San Diego metropolitan marketplace and its surrounding areas.
Headquartered in downtown San Diego in the landmark Symphony Towers building, the Bank also operates a loan production and executive administration office in Carlsbad. Endeavor Bank provides traditional business banking services across a broad spectrum of industries and specialties. Unique to the bank is its consultative banking approach that partners business clients with Endeavor Bank’s senior management. Together, we build strategies and provide resources that solve problems, plan for the future and help clients’ efforts to grow revenues and profits. Visit www.bankendeavor.com for more information.
EDVR Shareholders
With many of our shareholders transferring their EDVR shares to their brokerage companies, along with ongoing trading taking place, the Bank may not have the most current shareholder contact information. If you are an EDVR shareholder and would like to receive information via a more timely method, please complete the Shareholder Communication Preference Form on our website: https://www.bankendeavor.com/investor-relations so we can keep you updated on EDVR news, and invite you to various shareholder networking events throughout the year.
Forward-Looking Statements
This press release includes “forward-looking statements,” as such term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the current beliefs of the Bank’s directors and executive officers (collectively, “Management”), as well as assumptions made by and information currently available to the Bank’s Management. All statements regarding the Bank’s business strategy and plans and objectives of Management of the Bank for future operations, are forward-looking statements. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect” and “intend” and words or phrases of similar meaning, as they relate to the Bank or the Bank’s Management, are intended to identify forward-looking statements. Although the Bank believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from the Bank’s expectations (“cautionary statements”) are the effects of the COVID-19 pandemic and related government actions on the Bank and its customers, loan losses, changes in interest rates, loss of key personnel, lower lending limits and capital than competitors, regulatory restrictions and oversight of the Bank, the secure and effective implementation of technology, risks related to the local and national economy, the Bank’s implementation of its business plans and management of growth, loan performance, interest rates, and regulatory matters, the effects of trade, monetary and fiscal policies, inflation, and changes in accounting policies and practices. Based upon changing conditions, if any one or more of these risks or uncertainties materialize, or if any underlying assumptions prove incorrect, actual results may vary materially from those described as anticipated, believed, estimated, expected, or intended. The Bank does not intend to update these forward-looking statements.