---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-23-000563"
form_type: "8-K"
ticker: null
cik: "0001312109"
company_name: "Silvergate Capital Corp"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:07:29.352747+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Silvergate dismisses auditor Crowe; unable to file 2022 10-K amid investigations

## Summary
- Dismissed Crowe LLP as independent auditor on May 22, 2023, due to inability to file 2022 10-K and subsequent reports.
- Regulatory inquiries, investigations, litigation, and wind-down of Silvergate Bank prevented completion of audit procedures.
- No disagreements or reportable events between company and Crowe; Crowe's 2021 report was unqualified.
- Company expects it cannot file any subsequent periodic reports under the Exchange Act.

## SEC filing metadata
- accession: 0000950157-23-000563
- form_type: 8-K
- cik: 0001312109
- company_name: Silvergate Capital Corp
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1312109/000095015723000563/0000950157-23-000563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1312109/000095015723000563/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-23-000563
- JSON: https://secwatch.observer/filing/0000950157-23-000563.json
- Plain text: https://secwatch.observer/filing/0000950157-23-000563.txt

## Key facts
- Auditor Changes
  Silvergate Capital Corp dismissed Crowe LLP as its auditor.
  - Action: dismissal
  - Auditor: Crowe LLP
  source text: the audit committee of the Company’s board of directors approved the dismissal of Crowe LLP (“ Crowe ”) as the Company’s independent registered public accounting firm
  evidence_url: https://www.sec.gov/Archives/edgar/data/1312109/000095015723000563/0000950157-23-000563-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.