About Us

Our mission is to deliver compelling banking solutions that advance the goals of our clients; promote the stability of our communities; and enhance the lives of our employees; thereby creating value for our shareholders.

Geographic Scope

We have 34 strategically located offices primarily in the Midwest serving the greater Atlanta, Chicago, Cleveland, Denver, Des Moines, Detroit, Grand Rapids, Kansas City, Milwaukee, Minneapolis and St. Louis metropolitan areas. Additionally, our specialty banking businesses serve clients from coast to coast.

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Key Data

Total Assets

$16.2 billion

Total Loans

$12.5 billion

Total Deposits

$13.4 billion

Total Assets Under Management and Administration

$7.5 billion

*All numbers as of 6/30/15



Organized PrivateBancorp, Inc. as a Delaware corporation


Opened first office at 10 N. Dearborn in Chicago and began doing business as The PrivateBank


Opened Oak Brook, Illinois office


Completed $17 million initial public offering and began trading on the NASDAQ Stock Exchange under the ticker “PVTB”

  • Opened offices in St. Charles , Illinois and St. Louis, Missouri
  • Acquired offices in Lake Forest and Winnetka, Illinois

Opened Geneva, Illinois office


Second Common Stock Offering of $57 million


Acquired Corley Financial and established The PrivateBank Mortgage Company

  • Acquired The PrivateBank–Michigan
  • Founded The PrivateBank–Wisconsin
  • Opened a second Chicago office in the Gold Coast area
  • Opened Kansas City, Missouri office
  • Acquired The PrivateBank–Georgia

Launched Strategic Growth Plan and raised $200 million in private equity to fund plan

  • Opened business development offices in Minneapolis, Cleveland, Des Moines and Denver
  • May: Raised $143.75 million through Trust Preferred Offering
  • June: Raised $166.1 million in new capital through issuance of common stock and sale of preferred stock
  • September: Announced $140 million of senior and subordinated debt financing
  • January: Received $244 million from the U.S. Department of the Treasury under the Capital Purchase Program
  • May: Raised $217 million in new capital through underwritten common stock offering
  • July: Assumed all non-brokered deposits and acquired certain assets of Founders Bank
  • October: Raised $194 million in new capital through underwritten common stock offering
  • October: Completed underwritten public offerings of $75 million in common stock and $125 million in subordinated debt financing
  • October and November: $244 million TARP repayment and warrant repurchase

September: Opened Lincolnwood, Illinois office

Frequently Asked Questions

Corporate Headquarters
PrivateBancorp, Inc.

120 South LaSalle Street
Chicago, Illinois 60603

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The Private Bank is a BBB Accredited Bank in Chicago, IL