硅谷国家银行 2024年度报告

(Mark One) (Exact name of registrant as specified in its charter) Securities registered pursuant to Section12(g) of the Act:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☑No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Act.Yes☐No☑ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for thepast 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles.)Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and "emerging growth company" in Rule12b-2 of the Exchange Act: Large accelerated filer☑Accelerated filer☐Smallerreportingcompany☐Non-acceleratedfiler☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its auditreport. Yes☑No☐If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☑Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)Yes☐No☑ There were560,275,784shares of Common Stock outstanding atFebruary26, 2025. Documents incorporated by reference: Certain portions of the registrant’s Definitive Proxy Statement (the “2025 Proxy Statement”) for the 2025 Annual Meeting ofShareholders to beheld May 20,2025 will beincorporated by reference in Part III. The 2025 Proxy Statement will be filed within 120 days of December31, 2024. PARTI BusinessRisk FactorsUnresolved Staff CommentsCybersecurityPropertiesLegal ProceedingsMine and Safety Disclosures Item 1.Item1A.Item1B.Item1C.Item 2.Item 3.Item 4. PART II Market for Registrant’s Common Equity, Related Stockholder Matters andIssuer Purchases of EquitySecurities[Reserved]Management’s Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures about Market RiskFinancial Statements and Supplementary Data:Consolidated Statements of Financial ConditionConsolidated Statements of IncomeConsolidated Statements of Comprehensive IncomeConsolidated Statements of Changes in Shareholders’ EquityConsolidated Statements of Cash FlowsNotes to Consolidated Financial StatementsReport of Independent Registered Public Accounting FirmChanges in and Disagreements with Accountants on Accounting and Financial DisclosureControls and ProceduresOther InformationDisclosure Regarding Foreign Jurisdictions that Prevent Inspections Item 6.Item 7.Item7A.Item 8. Item 9.Item9A.Item9B.Item9C. PARTIII Directors, Executive Officers and Corporate GovernanceExecutive CompensationSecurity Ownership of Certain Beneficial Owners and Management and Related Shareholder MattersCertain Relationships and Related Transactions, and Director IndependencePrincipal Accountant Fees and Services Item10.Item11.Item12.Item13.Item14. PARTIV Exhibits and Financial Statement Schedules159Form 10-K Summary162Signatures163 Glossary of Defined Terms The following terms may be used throughout this Report, including the consolidated financial statements and related notes. PART I Business Item1. The disclosures set forth in this item are qualified by Item1A. Risk Factors and the section captioned “Cautionary StatementConcerning Forward-Looking Statements” in Item7. Management’s Discussion and Analysis of Financia