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Tuesday, December 2, 2008, 11:14PM ET - U.S. Markets Closed. Dow Up 3.31% Nasdaq Up 3.70%
Privatebancorp Inc. (PVTB)At 4:00PM ET: 28.66  Up 2.04 (7.66%)  
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Privatebancorp Inc.
70 West Madison
Suite 900
Chicago, IL 60602
United States - Map
Phone: 312-683-7100
Fax: 312-683-7111
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:758

BUSINESS SUMMARY 
PrivateBancorp, Inc., through its subsidiaries, provides various financial services to entrepreneurial and middle-market companies, individuals, wealthy families, professionals, entrepreneurs, and real estate investors 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, as well as offers non-credit products, including remote merchant capture, lockbox, cash concentration accounts, other cash management products, foreign exchange, and derivatives. The company 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, personal, and residential real estate loans. In addition, it offers private banking services to individuals and families, self-employed, professional athletes, and business owners, as well as provides personal banking services include interest-bearing checking, money market accounts, certificates of deposit, ATM/debit cards, investment brokerage accounts, and domestic and international wire transfers. Further, the company offers wealth management services, which include investment management, personal trust, guardianship and estate administration, custody, and investment services, as well as retirement accounts. As of December 31, 2007, it operated 20 offices in Chicago, suburban Detroit, St. Louis, Milwaukee, Kansas City, Atlanta, Cleveland, and Minneapolis. 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 1-Dec-08 is better than 16% of S&P 600 companies and 51.4% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ralph B. Mandell , 67
    Co-Founder, Chairman and Chairman of Exec. & Planning Committee
    $ 960.00K $ 245.00K
    Mr. Larry D. Richman , 55
    Chief Exec. Officer, Exec. Managing Director, Exec. Director, Member of Exec. & Planning Committee, Chief Exec. Officer of The PrivateBank - Chicago of The PrivateBank - Chicago
    $ 130.00KN/A
    Mr. Dennis L. Klaeser , 50
    Chief Financial Officer, Managing Director of The PrivateBank & Trust Company, Chief Financial Officer of The PrivateBank & Trust Company of The PrivateBank for Wisconsin
    N/A N/A
    Mr. Bruce S. Lubin , 54
    Head of Illinois Commercial Banking division and Pres of Illinois Commercial Banking of PrivateBank - Chicago
    $ 989.00KN/A
    Mr. Bruce R. Hague ,
    Head of National Commercial Banking division and Pres of National Commercial Banking of PrivateBank - Chicago
    $ 1.25MN/A
    Dollar amounts are as of 31-Dec-07 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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