Category Archives: Regents Bank

5 Questions: Dan Yates, President and CEO of Regents Bank San Diego

Dan Yates, Regents Bank San Diego President and CEO

Dan Yates, Regents Bank San Diego President and CEO 

Dan Yates is one of the original founders of Regents Bank over 10 years ago. Regents Bank San Diego has offices in La Jolla, Downtown San Diego, El Cajon, Carlsbad and in Vancouver, WA.

Q: How would you assess 2011 in terms of the recovery for medium-large size companies?

A: It’s been a challenging year for many of our clients. Companies are accumulating cash as they reduce inventory levels, trim staff, and hold off on making capital expenditure investments until they are more positive about the economic environment. The Federal Reserve has made some recent statements that suggest it is likely to keep short-term interest rates near zero into 2014 or beyond, to bolster the fragile economic recovery.  While the low interest rate environment does not speak well for the strength of the modest recovery we are experiencing, it is creating what amounts to a refinancing boom amongst businesses that own their corporate facilities and are interested in refinancing existing loans in an effort to reduce interest expense and increase business cash flows. Some business owners are exploring purchasing commercial real estate for the first time in years as they transition away from leasing their facilities.

Q: What are your thoughts on the San Diego economy in 2012?

A:  I believe unemployment levels will remain high throughout the year and we’ll see continued sluggishness in the local economy, driving consolidation in many industries through mergers and acquisitions, including the banking industry. I am optimistic that we will see a stronger economic environment in the early part of 2013 but anticipate that 2012 will look much like 2011 in what some refer to as the new normal.  As with all economic cycles there will be numerous exceptions in particular industry niches where we will find success stories. Companies that have survived the past couple of years have either learned how to operate on a more streamlined basis or are able to “reinvent themselves” through innovation, new strategic approaches, etc., to enable long term survivability.

Q:  Any advice to business owners for 2012?

A: Yes, continue to invest time working “on your business, not just in your business”.  Spend time with your key professional advisors and your executive team, strategizing to identify new avenues to boost revenues, seeking out opportunities to reduce overhead costs, streamline whenever and wherever possible in an effort to become more efficient, and strive to identify potential savings in your supply chain.  Many companies will excel by identifying new niche markets for their products and services; they will need to be ever more innovative including taking advantage of new technologies.  Doing business the way you always have may not be an option if the economic environment continues on this path long term as we all experience this so called “new normal”.  Working harder is probably not going to be enough to get it done.  Working smarter on improving every aspect of your business is the ticket to long term prosperity for your company.

Q: What was the biggest news for Regents Bank in 2011?

A: Definitely our partnering with Grandpoint Capital, which is scheduled to close in January 2012. Our new affiliation with Grandpoint Capital and Grandpoint Bank will enable Regents Bank to expand existing relationships and attract new clients as we will have access to expanded lending limits and we will also be able to offer new products and services to our clients. This partnership assures our clients that Regents Bank’s financial stability remains quite sound and we are a safe haven for clients to deposit excess funds with. We are also optimistic that we will be able to access capital from our new holding company to make potential acquisitions of other local banks.

Q: What are the Yates Family plans for the holidays?

A: This is an exciting time for the Yates family. We have a number of nephews that have been away from home serving in the military for the last few years and this is the first time in the past 4-5 years that we will all be together for Christmas. We are planning a big gathering and reunion celebration. We’re very happy about that.


Regents Bank: Poised to Help Businesses Grow in 2012

Regents Bank San Diego Business Loan Application


As the last 10 days of 2011 are upon us, there’s a good chance you’re giving heavy thought to what your plans are for your business in 2012. Growth and expansion are very likely to be major objectives for your company. But as we know, sometimes an infusion of capital from an outside source is needed to fuel a company’s expansion.

Regents Bank, with offices throughout San Diego, would like nothing more than to help you grow your company.  We’re a bank with a vested interest in helping San Diego businesses grow. We started with a handful of experienced bankers with only a dream just over 10 years ago, and we’ve become one of San Diego’s most admired community banks since then. As fellow entrepreneurs, we know the challenges growing businesses face.  Our leadership team has been recognized for both their professional and community achievement. We live here, are raising our families here; and we want to help you achieve your business goals for your good and the good of the community. Your success is our success.

Many businesses are hesitant to reach out for financial assistance in light of the economy the past four years. Their loan applications have been declined by large banks and therefore they assume a smaller bank would be even less inclined to approve a commercial loan. This assumption is not based on fact. And actually, the opposite holds true: community banks are approving business loans at a much higher rate than the “large banks”.

According to a December 13, 2011 article in Banc Investment Daily, “Community banks continue to be the backbone of small business lending and jobs opportunity in this country. If you were beginning to doubt that, or thought the bigger banks would eat your entire lunch box and all the food within it, consider a new survey by Biz2credit. Analysis of 1,000 loan applications found approval rates for small business financing requests were 45.1% for community banks, while rates for banks with assets above $10B were only 9.2%. Yes, you read that right– community banks approved 5x more small business loans than large banks on average.”

As we’ve always been told, “You never know until you ask.” Contact a Regents Bank professional today. Let’s talk about your situation and see if we can help. We look for reasons to say “yes” to companies like yours that drive the economy of the San Diego community. We’re all in this together. Let’s make 2012 a great year of growth for your company and our community as a whole.

(Regents Bank has offices in downtown San Diego, Carlsbad, El Cajon, La Jolla and Vancouver, WA. Visit our website at


Community Banks are Community Businesses

In the County of San Diego there are many locally owned medium and large size businesses. These companies are spread throughout office parks and buildings. They may be larger in scope than the small shop owner, but they have at least one thing in common: a loyalty to their local community. Most of these businesses prefer to use other local companies as product and service suppliers because they prefer to support their local economy. They themselves may be larger companies, but they remember their roots; when they first opened their doors for business and how appreciative they were when other local businesses gave them a chance. Many long-term business relationships and friendships were established during these early days in the life of their companies.

Merriam-Websters definition of Community: “people with common interests living in a particular area.”

What are those common interests? A few of these are:

  • Good Schools
  • Efficient Government
  • Safety and Security of Body and Property
  • Success and Continuity of Local Businesses

Regents Bank is a community bank with local offices in San Diego County: La Jolla, San Diego, El Cajon, Carlsbad, as well as an office in Vancouver, WA. We’ve been successful because we do know our customers by name, and we do have continuity. We’ve been a trusted community bank for over 10 years, and many of our employees have been with us for the entire time. As a community bank we care about local businesses succeeding, and that has been the hallmark of Regents Bank.

As you make the rounds doing your holiday shopping over the next 10 days and are driving to the mall to shop at the national chain stores, notice all of the local businesses that you pass by that offer similar goods and services: jewelers, clothing stores, sporting goods stores, coffee shops, hardware stores, optometrists, banks….and the list goes on and on.  Remember when your business was small and how much you appreciated your new customers. Your business has now grown and is in a different league, but your support of these small businesses can make the difference in their survival and allow them to reach the level of success your business has achieved.

Support your local businesses. Their families, like yours, do their best each day to make a better living than the generation before them to provide greater opportunity for their families. Regents Bank community banking offices have the same business banking services to help you as the national banks do, but we offer something which they don’t:  a commitment to the community. We’re loyal and fully committed to the local businesses and people which we serve daily. Come visit us and take a look at the people of Regents. Our people make the difference.  We think you’ll want to be a member of our community of clients.

You can learn more about Regents Bank at


Regents Bank, The San Diego Business Bank Offering Your Business Financial Strength and Experience

Last week in a Wall Street Journal Article written by Victoria McGrane titled “Living Wills Due Next Year”, she outlined how there is a deadline in 2012 for some of the largest U.S. Banks to create contingency plans so regulators can better understand the complex structures of these large financial institutions and be prepared to assist in the event of financial upheaval resembling that of 2008. This is a very prudent move and is designed to protect depositors at over 100 of the largest banks doing business in the U.S.

As we all know, bigger is not always better. Our slogan, as shown on our website at, is “Here Today and Here Tomorrow”.  We just celebrated our ten year anniversary this month and have succeeded because of our commitment these past ten years as fellow entrepreneurs,  and as local bankers that take a personal interest in helping our business clients succeed. That commitment has been returned in kind by our loyal clients, which we deeply appreciate.

On August 10th Regents Bank released strong 2nd quarter earnings, as referenced in this blog at  Our growth in a still challenging economy is a testament to our entrepreneurial philosophy and our commitment to help our clients grow no matter what the prevailing economic climate is. Our clients find it reassuring to be aligned with a local bank that has the financial strength and the experienced, local leadership to help them make sound financial decisions. We welcome the opportunity to get to know you and see if Regents Bank is the right business bank for you.  Contact a local Regents Banker today and get information on our complete portfolio of business banking and advisory services. We think you’ll like what you see.


Airlines Pile On Charges, Banks Next? Not Regents Bank.

Imagine a reputable, well known business banking customer walking into his bank, asking for the manager, and saying, “I’d like to make a very large deposit please John.” The bank manager smiles and says, “We’ll be very happy to accommodate you sir. Of course, our surcharge for large deposits will apply.” The customer looks incredulously at the bank officer and says, “Let me understand this. If I keep an average balance of $1,000 in my personal checking account  I incur no monthly charge. But if walk into your bank with this very large deposit you’re going to penalize me by tacking on a surcharge? After I’ve been a loyal customer for so many years?” Replies the banker, “I’m sorry sir. But you know with interest rates having been so low and our ability to lend money so limited, we must generate extra revenue. Please have a seat while I process your deposit.” Does the customer sit, or does he walk out the door? What would you do?

Regents Bank Business Banking Services

Regents Bank: No Penalty To You For Succeeding

If you’re a Regents Bank customer that’s a decision you’ll never have to make. As your partner that is committed to providing you with the best business banking services with unparalleled customer service, we’re not going to penalize you for sharing the fruits of your labor with us. As entrepreneurs ourselves, we know that your blood, sweat and tears have gone into building your business, your legacy. In a very challenging economy, we’ve reported stellar financial results, Just like you, our success hasn’t come from nickel and diming our customers. Like you, we’ve built our business one customer at a time by providing sound financial advice, competitive business banking products and personalized service.

If you’re already a Regents Bank customer you’ve experienced our loyalty to our customers, and you’ve given yours in return. That’s what a partnership is all about. That’s why we’ve flourished while so many other financial institutions have struggled. If you’re not a customer yet we encourage you to pay us a visit. Get to know us, we’d like to get to know you and help you build your business. Visit our website at www. for an overview of our services and our philosophy. We offer so much more than financial transactions. We offer you our personal commitment to your success. Welcome to Regents.


The Regents Team

Regents Bank was founded in 2001 by a group of entrepreneurial minded bankers that wanted to provide banking services to small and medium sized companies that were growth minded. Each of these bankers had over 20 years of industry experience and all shared the same mission: to provide businesses with not only traditional banking services such as checking accounts, lines of credit etc, but to also be another “advisor” to the business owner and their management team. Regents Bank’s mission is to be a partner to our clients, not just a provider of services.

Our senior management team each possess the entrepreneurial spirit and the daily drive to help each of our clients make financially sound decisions and to provide them with the financial services necessary for their business to have a strong and solid financial foundation.

Our Senior Management team is comprised of:

  • Thomas Young, Chairman
  • Dan Yates, President/CEO
  • Randy Krenelka, Chief Financial Officer
  • Monte Schwartz, Chief Credit Officer
  • David Sherwood, Chief Operating Officer and Security Officer
  • Darla Clark, Executive Vice President and Manager of corporate banking and our downtown San Diego office
  • Tom Ivory, Senior Vice President and Manager of our east San Diego County regional office
  • Rick King,  Senior Vice President and Manager of our La Jolla headquarters office
  • Barbara Hunter, Senior Vice President and Manager of our north San Diego County regional office
  • Tami Nesburg, Senior Vice President and Manager of our southwest Washington state regional office

Each of these professionals is committed to helping our business clients reach their full potential. Find a branch location near you and call us to learn about “Entrepreneurial Banking” from Regents Bank. We believe you’ll find it to be a different approach from other banking relationships you’ve had in the past.

Find a branch near you at


Welcome To The Regents Bank Blog

Welcome to the Regents Bank Blog. You’ve connected with a resource created just for you; a place where you’ll not only learn about us and connect with us, but also a resource that will provide you with up to date information on the business world, financial markets, local business news, and much more. Bookmark the blog and stay up to date on Regents Bank’s observations and recommendations to help you build your dream.

Founded in 2001, Regents Bank has a strong appreciation and dedication to the American entrepreneurial spirit. Our founders are a dedicated group of professionals, each with more than 20 years of banking experience. We know the business marketplace, both its challenges and opportunities.  Through our unique brand of banking which we call “Entrepreneurial Banking”, we consult with our small to mid-size business clients to navigate the ever changing landscape of our economy and business climate. Our experienced staff offers comprehensive strategies and solutions to help you capitalize on your efforts to build a successful enterprise.

We know and appreciate how hard you work, day in and day out, to create not only a successful business, but often times a legacy to offer to those you care for. Regents Bank pledges to provide the best in not only carefully designed, custom strategies for growth, but we also pride ourselves on offering you world-class-service and attention to detail. We truly care about your success.

Like yourself, our staff has the American entrepreneurial spirit and our growth and success spring from that same spirit that drives you each day to build a unique and profitable enterprise. We’re happy to have you as a reader of our blog and we look forward to providing you with information and resources to help you and your business be your best.