Chief Executive Officer
Mr. Lane has been with Silvergate since December 2008. He is President and Chief Executive Officer of Silvergate Capital Corporation and is Chief Executive Officer of Silvergate Bank.
With over 35 years of corporate and financial institution leadership experience, he formerly held the positions of Director, President and Chief Operating Officer of Southwest Community Bancorp; Vice-Chairman and Chief Executive Officer of Financial Data Solutions, Inc.; and Director and Chief Executive Officer of Business Bank of California. In addition to his financial institution experience, Mr. Lane has served as President/CEO or Chief Financial Officer of both manufacturing and retail companies.
Mr. Lane serves on the Board of Directors of Natural Alternatives International, Inc. He earned his B.A. in Economics from San Diego State University.
Chief Strategy Officer
Ben Reynolds joined Silvergate in January 2016. He is the Chief Strategy Officer and is responsible for crafting our strategy, product development, marketing and M&A activities. Prior to his current role, Ben was responsible for growing the digital currency business.
Over the past twenty years, Ben was an entrepreneur for two different businesses that he co-founded, VP of product at HSBC and a CPA in the audit practice at KPMG. He is an experienced builder who is passionate about creating remarkable products for customers and extraordinary businesses for shareholders.
Ben earned a B.S. in accounting from San Diego State University, an MBA from Pepperdine University, and is a licensed CPA.
Chief Operating Officer
Kate Fraher joined Silvergate in 2006. Prior to her current position she served as Vice President, Compliance and BSA Officer, and was responsible for overseeing the audit function.
Ms. Fraher has over fifteen years of banking, insurance, and securities experience with local financial institutions and has a broad-based background in all aspects of banking, with emphasis on managing regulatory relationships, examinations, and compliance with all major banking-related laws and regulations.
She has designed and implemented scalable compliance management programs as well as control structures and policies for commercial, consumer, and mortgage lending operations, and deposit and branch operations. Ms. Fraher holds a Bachelor of Science degree in Business Administration from Mount St. Mary's College in Los Angeles, CA and completed the ABA Graduate School of Compliance Management.
Chief Financial Officer
Mr. Martino joined the Bank and its holding company in September 2019 as the Chief Financial Officer. He has 30 years of financial services and public accounting experience.
Prior to joining Silvergate, Mr. Martino served as the Chief Financial Officer of LendingPoint, an Atlanta-based privately held fintech lender, from 2017 to 2019. He began his professional career at Ernst & Young where he was responsible for audit, tax, and consulting services.
Mr. Martino then transitioned to a senior manager role at Bank of Montreal from 1998 to 2000, followed by 17 years with Citigroup, Inc. in various senior finance and chief financial officer roles in North America, Europe, and the Middle East from 2000 to 2017. He holds a Bachelor of Commerce Degree in Accounting from the University of Ottawa and is a Chartered Professional Accountant and Chartered Accountant certified by the Chartered Professional Accountants of Canada.
Derek J. Eisele
Chief Credit Officer
A co-founder of Silvergate Bank, Mr. Eisele has served as an executive officer since its recapitalization in 1996. He holds the position of executive vice president at the parent company, Silvergate Capital Corporation, and is Chief Credit Officer at the Bank. An integral part of the Bank's growth to over $2 billion in assets, Mr. Eisele has continuously overseen the lending function and at various times has directly overseen the accounting, audit, human resources, information technology, branch network, and compliance areas. In aggregate, his asset management experience exceeds $3 billion, including performing, sub-performing, and non-performing loans as well as REO properties.
From 1994 to 2000 Mr. Eisele was an active partner in DSF Management Corporation, a real estate investment and management company. He and his partner invested $94 million in various real estate transactions and controlled approximately $250 million in assets during a six-year period. From 1989 to 1994, Mr. Eisele was a vice president of Coastal Realty Partners, Houston, Texas, responsible for managing and disposing of real estate and real estate-related assets on behalf of governmental agencies and private investors. Mr. Eisele oversaw asset resolutions from over 100 failed financial institutions through contract work for the FDIC, RTC, and FSLIC.
Mr. Eisele has a Master of Business Administration from the University of Houston and a Bachelor of Science in Business Administration from the University of Delaware and is a graduate of the American Bankers Association Stonier Graduate School of Banking at the University of Pennsylvania. Mr. Eisele currently serves as a member of the real estate advisory board at the University of San Diego.
John M. Bonino
Chief Legal Officer
John Bonino has been associated with the Company and Bank as a consultant or employee since 1996, including serving as President and Chief Operating Officer of the Bank from 2003 to 2006. He is also President of InterFinancial Group, LTD., a financial services industry consulting firm engaged by the Company and Bank since 2003. From 1996 to 2003 he was Managing Director of WHE Associates, an advisory firm whose transactions included working with DSF Management Corp. on the 1996 recapitalization of the Company and Bank, arranging a $200 million equity investment for a large public real estate firm, and forming St. Cloud Capital Partners, an SBA licensed small business investment company.
From 1992 to 1995 Mr. Bonino was Executive Vice President, Chief Administrative and Financial Officer of Imperial Thrift and Loan, where he helped plan and direct an operating turnaround and $60 million initial public offering. From 1990 to 1992 he was President of F. L. Bryant & Co., an investment banker whose engagements included the $42 million sale of First Pacific Advisors, a manager of over $2.7 billion in mutual funds and private accounts.
Mr. Bonino was previously Executive Vice President and Director of the West's largest securities firm, Bateman Eichler, Hill Richards, Inc., whose $53 million purchase by Kemper Financial Group in 1982 he helped negotiate, and where his responsibilities included administration of the firm's 35 office branch system with over 600 employees. He was also Senior Vice President of Wedbush, Noble, Cooke, Inc. and Corporate Counsel of TransTechnology Corporation. Mr. Bonino is a graduate of the University of Southern California School of Business and Stanford Law School, and a member of the California State Bar.
Chief Human Resources Officer
Son-Jai Paik joined Silvergate in April 2020. With over twenty years of human resources experience nationally and internationally, Son-Jai brings to Silvergate’s management team his past leadership through fast-paced growth, acquisitions, dispositions, transformations, reorganizations, and large-scale change initiatives.
Son-Jai earned his Bachelor of Arts degree in Economics from Syracuse University, and a Master of Management in Hospitality and a Master of Professional Studies in Industrial and Labor Relations, both from Cornell University. He serves as a member of the board of the Kahala Nui Living Retirement Community in Honolulu.
EVP and Manager, Warehouse Lending Division
Elaine Batlis has been Manager of Silvergate Bank's Warehouse Lending Division since March 2009. Ms. Batlis has over 23 years of banking, mortgage warehousing, consulting, and regulatory experience.
From 2006 to 2008 Ms. Batlis was the President of the Warehouse Lending Division of Impac Mortgage Holdings, a publicly traded real estate investment trust, where she was responsible for re-defining the division's overall direction and supervising all aspects of its operations, including managing total credit facilities relationships in excess of $5 billion.
Prior to Impac, Ms. Batlis was the President and Chief Executive Officer of INSOUTH Funding in Naples, Florida. Ms. Batlis organized this subsidiary of INSOUTH Bank, established its accounting systems and procedures, implemented an advanced loan tracking program, established a comprehensive quality control program, hired and trained staff for the company's two locations, and managed growth of the company to fundings of over $2 billion.
In addition, Ms. Batlis has served in various capacities in community banks including Chief Financial Officer, Chief Operating Officer and Director. Ms. Batlis holds a Bachelor of Arts degree from Mid-America Nazarene University in Olathe, Kansas, and completed Graduate School of Banking at University of Colorado, Boulder, Colorado.
Maria P. Kunac
EVP and Chief Lending Officer, Commercial Real Estate Division
Maria Kunac joined Silvergate Bank in January 2017 and brings over 30 years banking and lending experience, most recently as chief executive officer and president of San Diego Private Bank.
Ms. Kunac has served in numerous management and lending capacities with a number of venerable San Diego-headquartered financial institutions, including Embarcadero Bank, Coronado First Bank, Imperial Bancorp, First Fidelity Thrift & Loan, and Great American Bank. She has served on the boards of the California Independent Bankers and Local Initiatives Support Corp.
She has also served on the Federal Reserve Bank of San Francisco's Twelfth District's Community Depository Institutions Advisory Council.
SVP and Director of People and Culture Services
Cole is a human resources professional with over fifteen years of human resources management and administrative services experience.
With a breadth of human resource leadership experience in the retail world followed by time spent in the biomedical and pharmaceutical sector, he was previously with Profil Institute of Clinical Research in Chula Vista, California.
He is an adjunct professor at California State University-San Marcos teaching human resource strategy. Cole holds a B.A. in economics from San Diego State University and an M.A. in organizational management from University of Phoenix.