Since its founding five years ago, Torrey Pines bank has become the fastest-growing and safest community bank in San Diego in the past 30 years.
Growing from $20 million in initial capital to more than $800 million in assets, Torrey Pines Bank is currently among the top 10 largest of the 230 banks that have opened since the beginning of 2003.
Research conducted by Torrey Pines Bank finds that of the 63 community banks organized in San Diego County since 1970, it surpassed all banks in asset, deposit and loan growth in their first five years of operating.
The bank recognizes that growth alone is not a strong indicator of sustainability, and it is proud of the fact that non-performing loans as a percentage of its assets (.08 percent) and as a percentage of its capital (1.3 percent) are reassuringly low.
Torrey Pines Bank's mission is to serve the San Diego region with a financial institution managed locally by experienced professionals who offer unparalleled personal service and market expertise. Its vision is to be THE business bank for San Diego County.
Bank policy dictates that, at a minimum, officers meet with clients on an annual basis to review and evaluate the relationship, ensure all documentation and paperwork is up to date, and allow customers the opportunity to share feedback about their banking relationship.
The Federal Deposit Insurance Corp. commended Torrey Pines Bank during its 2008 Community Reinvestment Act (CRA) assessment for having a CRA advisory board, and noted that more banks should work as closely with their community to ascertain credit needs.
Dana L. Gibson was appointed President of National University in July 2007. Previously, she was Vice President for Business and Finance at Southern Methodist University, and Vice Chancellor for Administration and Finance at the University of Colorado at Denver. She holds a Ph.D. from the University of Texas at Arlington.
Companies and organizations of all sizes are eligible to apply, including for-profits, notfor- profits, publics, and privates. Peak Performing Organizations will be evaluated in five areas (please see the attached application):
The fact that individuals can experience momentary periods of superior performance on demand suggests that each of us has the potential to perform beyond normal expectations. Commonly referred to as peak performance, this ability to function at a heightened level at will for extended periods of time has long fascinated sports psychologists, scientists and academicians.
A more recent application of this concept has been logically extended to entire organizations that are capable of achieving peak performance. These peak performing organizations have the ability to sustain long-term performance that maximizes the potential of the individuals in the company as well as the overall organization.
The characteristics of peak performing organizations are not currently captured by established recognition awards. While it is true that peak performing organizations are by definition grounded in ethics and integrity, to be a truly great place to work, sustained excellence involves having the ability to perform these functions at a superior level for extended periods of time.
Several models have been developed that explain the factors associated with peak performing organizations. Now, for the first time, these factors have been incorporated into the criteria for the National University Peak Performance Award.