Dennis Frank

Mr. Frank has been Chairman of the Board of Silvergate Capital Corporation and its wholly owned subsidiary, Silvergate Bank, since November 1996.

Mr. Frank is also President of PDL Management Corporation, a real estate investment and management company. From 1988 to 1993, Mr. Frank was a Managing Director and major shareholder of Coastal Banc ssb, Houston, Texas. During this period, Coastal Banc acquired several insolvent savings and loans from the FSLIC. He served as director of Coastal Banc, a $2.5 billion publicly traded institution, from 1988 until its sale to Hibernia Bancorp in May of 2004.

From 1980 through 1987, Mr. Frank was a Vice President of Goldman, Sachs & Co., New York, New York. He has a Master of Business Administration and a Bachelor of Science degree in Business from New York University and is a member of the Urban Land Institute.