Preferred Bank
Preferred Bank reported total assets of $7.7 bn at Q2 2026, up 6.2% on a year earlier, the 201st largest of 497 banks in our US coverage. The CET1 capital ratio at Preferred Bank was 11.06%, and the uninsured share of Preferred Bank was 50.28%. Source: FDIC Call Reports.
Key takeaways
- On net interest margin, Preferred Bank slipped from 152nd to 247th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Preferred Bank reports one of the lowest efficiency ratio readings among banks of $1 bn to $10 bn: 33.01% at , where the median of the 339 banks is 56.87% (FDIC Call Reports).
What sets Preferred Bank apart
How large is Preferred Bank?
The balance sheet of Preferred Bank at : assets $7.7 bn, deposits $6.5 bn, net loans $6.2 bn (loans equal to 95.77% of deposits). Securities make up 7.0% of total assets at Preferred Bank. Since , when Preferred Bank held $2.7 bn, its assets grew 188.1%. In the year to , deposits at Preferred Bank rose 6.5% while its total assets rose 6.2%. At , Preferred Bank employed 321 full-time equivalent staff across 16 offices, about $24.1 mn of assets per employee and $404.8 mn of deposits per office.
How much funding at Preferred Bank is uninsured?
At Preferred Bank, uninsured deposits (above the FDIC limit) made up 50.28% of domestic deposits at (+2.17 pp on a year earlier); Preferred Bank ranks 82nd of 500 on this measure. In dollars, Preferred Bank estimated $3.3 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $6.5 bn | +6.5% | 196th of 499 |
| Net loans and leases | $6.2 bn | +9.3% | 180th of 500 |
| Loan-to-deposit ratio | 95.77% | +2.51 pp | 96th of 500 |
| Tier 1 leverage ratio | 10.55% | -0.18 pp | 221st of 500 |
| Total risk-based capital ratio | 13.74% | -0.69 pp | 277th of 448 |
| Net interest margin | 3.64% | -0.13 pp | 247th of 500 |
| Return on assets (ROA) | 1.69% | -0.08 pp | 100th of 500 |
| Efficiency ratio | 33.01% | +1.00 pp | 30th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $1.1 mn | Narrowed by $90,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $28.5 mn | Narrowed by $3.1 mn | |
| Noncurrent loans to total loans | 1.57% | +0.66 pp | 434th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.18% | +0.18 pp | 330th of 500 (1 = lowest) |
US rank of Preferred Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Preferred Bank: assets, deposits and loans
- Total assets $7.7bn
- Deposits $6.5bn
- Net loans $6.2bn
Capital and securities
The CET1 ratio of Preferred Bank stood at 11.06% in , -0.12 pp year on year. Low and high at Preferred Bank since : 9.13% () to 11.86% (). Equity capital of Preferred Bank at : $793.5 mn, or 10.3% of total assets. Preferred Bank also reported a total capital ratio of 13.74% for , and a tier 1 leverage ratio of 10.55%.
On held-to-maturity securities, Preferred Bank carried an unrealized loss of $1.1 mn at , equal to 0.1% of equity capital. The loss narrowed by $90,000 over the year. Its deepest point: $2.6 mn in . The available-for-sale portfolio of Preferred Bank showed an unrealized loss of $28.5 mn at ; the loss narrowed by $3.1 mn over the year.
Preferred Bank: capital ratios
- Total capital 14%
- CET1 11%
- Tier 1 leverage 11%
Preferred Bank: unrealized securities gains and losses
- Available for sale -$28mn
- Held to maturity -$1mn
Profitability and loan quality
For the year to , Preferred Bank earned a return on equity of 16.49%; return on assets: 1.69%. Net interest margin at Preferred Bank: 3.64%, -0.13 pp in a year. Preferred Bank net income: $64.7 mn, up 2.9% year on year. The efficiency ratio of Preferred Bank was 33.01%: about 33 cents cost per revenue dollar, against 60 cents at the median peer.
At , noncurrent loans were 1.57% of total loans at Preferred Bank; net charge-offs: 0.18% of average loans. Gross loans and leases at Preferred Bank: $6.3 bn, up 9.3% in a year.
Preferred Bank: profitability
- Return on equity 16%
- Net interest margin 3.6%
- Return on assets 1.7%
Peer group of Preferred Bank
The peer group of Preferred Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of Preferred Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in California. Against them, Preferred Bank shows CET1 ratio 11.06% against a peer median of 11.71%, return on equity 16.49% against a peer median of 11.34% and uninsured deposit share 50.28% against a peer median of 39.60%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Bankers Trust Company | State nonmember bank | IA | $7.8 bn | 10.95% | 11.28% | 57.36% | |
| Stockman Bank of Montana | State nonmember bank | MT | $7.7 bn | 12.01% | 19.71% | 40.06% | |
| Bangor Savings Bank | State-chartered stock savings bank | ME | $7.7 bn | 10.39% | 5.26% | 19.67% | |
| Preferred Bank | State nonmember bank | CA | $7.7 bn | 11.06% | 16.49% | 50.28% | |
| Equity Bank | State member bank | KS | $7.7 bn | 13.08% | 11.77% | 27.12% | |
| Kearny Bank | State-chartered stock savings bank | NJ | $7.7 bn | 13.44% | 4.90% | 39.15% | |
| Ocean Bank | State nonmember bank | FL | $7.6 bn | 11.41% | 11.41% | 45.92% | |
. FDIC Call Reports.
Last eight quarters
Two years at Preferred Bank, to : assets +12.5%, deposits +10.3%, equity +5.8%. Staff 317 to 321; offices 15 to 16.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $6.9 bn | $6.9 bn | $7.1 bn | $7.3 bn | $7.5 bn | $7.6 bn | $7.7 bn | $7.7 bn |
| Total deposits | $5.9 bn | $5.9 bn | $6.1 bn | $6.1 bn | $6.2 bn | $6.4 bn | $6.4 bn | $6.5 bn |
| Bank equity capital | $750.1 mn | $763.2 mn | $778.6 mn | $747.7 mn | $775.6 mn | $789.5 mn | $770.2 mn | $793.5 mn |
| CET1 ratio | 11.66% | 11.80% | 11.86% | 11.18% | 11.34% | 11.26% | 10.87% | 11.06% |
| Return on equity (ROE) | 18.68% | 17.99% | 15.58% | 16.48% | 17.19% | 17.33% | 15.97% | 16.49% |
| Uninsured share of domestic deposits | 45.37% | 46.36% | 46.61% | 48.10% | 50.02% | 50.29% | 49.46% | 50.28% |
| Full-time equivalent employees | 317 | 323 | 323 | 323 | 319 | 324 | 322 | 321 |
| Number of offices | 15 | 15 | 16 | 16 | 16 | 16 | 16 | 16 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Preferred Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed United International Bank (FDIC certificate 57987).
Questions and identifiers
What were the total assets of Preferred Bank?
Preferred Bank reported $7.7 bn at in its Call Report. That makes Preferred Bank the 201st largest of 497 banks in our US coverage.
Is Preferred Bank profitable?
Preferred Bank reported net income of $64.7 mn for the year to ; annualized return on equity: 16.49%. So yes: Preferred Bank made a profit over these months.
When is data for Preferred Bank next updated?
Figures from Preferred Bank for are due after .
Where can I check the figures for Preferred Bank?
In the FDIC BankFind Suite record for certificate 33539, and in the Call Reports of Preferred Bank (RSSD ID 1918344) at the FFIEC Central Data Repository.