Luther Burbank Corporatio...

9.15
0.05 (0.55%)
At close: Feb 29, 2024, 9:00 PM

Company Description

Luther Burbank Corporation operates as the bank holding company for Luther Burbank Savings that provides various banking products and services for real estate investors, professionals, entrepreneurs, depositors, and commercial businesses.

The company offers interest and noninterest-bearing transaction accounts, certificates of deposit, and money market accounts.

It also provides commercial real estate loans, including first mortgage loans for the purchase, refinance, or build-out of tenant improvements on investor-owned multifamily residential properties, as well as loans for the purchase, refinance, or improvement of office, retail, and light industrial properties; single family residential loans; and a portfolio of 30-year fixed rate first mortgage and a forgivable second mortgage.

In addition, the company offers ATM, debit cards, online and mobile banking, and real estate investment services; and issues trust preferred securities.

As of December 31, 2021, it operated ten full service branches in California located in Sonoma, Marin, Santa Clara, and Los Angeles Counties; one full service branch in Washington located in King County; six loan production offices located throughout California; and a loan production office in Clackamas County, Oregon.

Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.

Luther Burbank Corporation
Luther Burbank Corporation logo
Country United States
IPO Date Dec 8, 2017
Industry Banks - Regional
Sector Financial Services
Employees 256
CEO Simone F. Lagomarsino

Contact Details

Address:
520 Third Street
Santa Rosa, California
United States
Website https://www.lutherburbanksavings.com

Stock Details

Ticker Symbol LBC
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001475348
CUSIP Number 550550107
ISIN Number US5505501073
Employer ID 68-0270948
SIC Code 6022

Key Executives

Name Position
Simone F. Lagomarsino Chief Executive Officer, President & Director
Bradley S. Satenberg Chief Financial Officer & Head of Investor Relations
Alexander L. Stefani Executive Vice President & Chief Credit Officer
Greg Loren Smith Senior Vice President, General Counsel & Corporate Secretary
Lisa Kepler Senior Vice President & Director of Single Family Residential Lending
Parham Medhat Executive Vice President and Chief Operations & Technology Officer
Tammy Mahoney Executive Vice President & Chief Risk Officer
William D. Fanter Executive Vice President & Head of Retail Banking

Latest SEC Filings

Date Type Title
Mar 01, 2024 15-12G Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4 Filing
Mar 01, 2024 4/A [Amend] Filing