San Diego Private Bank opened its fifth branch July 31 in Beverly Hills.

The La Jolla-based bank named the branch Private Bank of America, a nod to its parent company, Private Bancorp of America Inc. Previously the office was going to be called Los Angeles Private Bank.

The new office is at 9606 Santa Monica Boulevard, Suite 400.

San Diego Private Bank also has offices in La Jolla, downtown San Diego, Coronado and Newport Beach and a loan production office in San Marcos.

San Diego Private Bank was founded in 2006.