Steve Sefton, at left, and Dan Yates are president and CEO respectively, of Endeavor Bank. Photo courtesy of Endeavor Bank

Steve Sefton, at left, and Dan Yates are president and CEO respectively, of Endeavor Bank. Photo courtesy of Endeavor Bank

Applications for Deposit Insurance Filed/Approved*

2007: 223/161

2008: 101/28

2009: 33/0

2010: 6/0

2011: 1/0

2012: 0/0

2013: 4/1

2014: 1/1

2015: 2/1

2016: 8/7

2017: 9/3

2018: 7/0

(as of March 27)

*Applications that are not approved may have been returned, withdrawn or remain pending.

Source: FDIC

Bank Failures

2007: 3

2008: 25

2009: 140

2011: 92

2013: 24

2014: 18

2016: 5

2017: 8

2018: 0

(as of June 6)

Source: FDIC

— The ranks of the post-recession crop of aspiring de novo banks are thinning, but the headcount at San Diego’s Endeavor Bank is expanding roughly two years ahead of schedule to accommodate bankers looking to join the new venture, according to its executives...

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