EXHIBIT 21

SUBSIDIARIES OF THE REGISTRANT

The following is a list of the direct and indirect subsidiaries of PrivateBancorp, Inc.¹ as of March 1, 2011:

Entity Official Name		Jurisdiction of Formation or Organization
The PrivateBank and Trust Company		Illinois Department of Financial and Professional Regulation
	Lodestar Investment Counsel, LLC	Delaware Secretary of State
	The PrivateBank Securities, LLC	Delaware Secretary of State
	PB Real Estate, LLC	Illinois Secretary of State
	PBTC & Company LLC	Illinois Secretary of State
	TrustCo, LLC	Missouri Secretary of State
	The PrivateBank Mortgage Company	Michigan Department of Energy, Labor and Economic Growth, Bureau of Commercial Services
	BBH Financial Advisors, Inc.	Michigan Department of Energy, Labor and Economic Growth, Bureau of Commercial Services
	TPB Title Agency, LLC	Michigan Department of Energy, Labor and Economic Growth, Bureau of Commercial Services
	PRIVATESTAR, LLC	Michigan Department of Energy, Labor and Economic Growth, Bureau of Commercial Services
The PrivateBank Mortgage Company, LLC		Illinois Secretary of State
PrivateBancorp Statutory Trust II		Delaware Secretary of State
PrivateBancorp Statutory Trust III		Connecticut Secretary of State
PrivateBancorp Capital Trust IV		Delaware Secretary of State
Bloomfield Hills Statutory Trust I		Delaware Secretary of State

¹PrivateBancorp, Inc. and its various subsidiaries also own and use the following trade names and trademarks: The PrivateWealth Financial Strategies Group, The Palladian PrivateBank, and The PrivateWealth Group.