Preferred Bank
Preferred Bank reported total assets of $7.7 bn at Q2 2026, up 6.2% from a year earlier. That ranks 201st among 497 banks reporting this metric (1 = highest). Its common equity tier 1 ratio was 11.06%, and an estimated 50.28% of domestic deposits were uninsured. Source: FDIC Call Report data, cross-checked against FFIEC filings.
- Noncurrent loans to total loans: down 1.18 pp on Q1 2026, to 1.57%
- Uninsured share of domestic deposits: up 0.81 pp on Q1 2026, to 50.28%
- Bank equity capital: up 3.0% on Q1 2026, to $793.5 mn
Ranks compare banks in our US coverage that report each metric. Sparklines: the last ten years. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Overview
What stands out about Preferred Bank?
Against its six size peers, its efficiency ratio stands out most: 33.01% at Q2 2026, below the peer median of 59.54%. By noncurrent loans to total loans it moved from 485th to 434th among 500 banks between Q1 2026 and Q2 2026 (1 = lowest).
How large is Preferred Bank?
At Q2 2026 the bank held $7.7 bn of assets. Deposits were $6.5 bn and net loans and leases $6.2 bn, a loan-to-deposit ratio of 95.77%. Securities of $544.1 mn made up 7.0% of assets.
Total assets rose 188.1% between Q1 2016 and Q2 2026, from $2.7 bn.
How much of its funding is uninsured?
An estimated 50.28% of domestic deposits were above the FDIC insurance limit at Q2 2026, +0.81 pp from the previous quarter and +2.17 pp from a year earlier. That share ranks 82nd among 500 banks reporting this metric (1 = highest).
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total assets | $7.7 bn | +6.2% | 201st of 497 |
| Total deposits | $6.5 bn | +6.5% | 196th of 499 |
| Net loans and leases | $6.2 bn | +9.3% | 180th of 500 |
| Bank equity capital | $793.5 mn | +6.1% | 213th of 498 |
| Common equity tier 1 (CET1) ratio | 11.06% | -0.12 pp | 409th of 448 |
| Tier 1 leverage ratio | 10.55% | -0.18 pp | 221st of 500 |
| Return on equity (ROE) | 16.49% | +0.01 pp | 90th of 500 |
| Net interest margin | 3.64% | -0.13 pp | 247th of 500 |
| Uninsured share of domestic deposits | 50.28% | +2.17 pp | 82nd of 500 |
| Unrealized gain/loss on held-to-maturity securities | Loss of $1.1 mn | Narrowed by $90,000 | |
| 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: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.
Balance sheet
Total assets, deposits and net loans, quarterly, Q1 2016 to Q2 2026. Dashed amber lines mark the merger or acquisition listed under Mergers and acquisitions.
- Total assets $7.7bn
- Deposits $6.5bn
- Net loans $6.2bn
Capital and securities
The common equity tier 1 (CET1) ratio was 11.06% at Q2 2026, -0.12 pp from a year earlier. Since Q1 2016 it has ranged from 9.13% (Q2 2017) to 11.86% (Q1 2025). At Q2 2026 the tier 1 leverage ratio was 10.55% and the total risk-based capital ratio 13.74%. The median CET1 ratio of the size peers listed below was 11.71% at Q2 2026.
Held-to-maturity securities had an unrealized loss of $1.1 mn at Q2 2026, measured as fair value minus amortized cost, equal to 0.1% of bank equity capital. The loss narrowed by $90,000 from a year earlier. The largest unrealized loss on these securities was $2.6 mn at Q3 2023. Available-for-sale securities showed an unrealized loss of $28.5 mn at Q2 2026; the loss narrowed by $3.1 mn from a year earlier.
Capital ratios
- Total capital 14%
- CET1 11%
- Tier 1 leverage 11%
Unrealized gains and losses on securities
- Available for sale -$28mn
- Held to maturity -$1mn
Profitability and loan quality
Return on equity was 16.49% for the year to Q2 2026, annualized, with a return on assets of 1.69% and a net interest margin of 3.64%. The margin was -0.13 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 33.01%. Net income for the year to Q2 2026 was $64.7 mn, up 2.9% on the same period a year earlier. The median return on equity of its size peers was 11.34% for the same period.
Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 1.57% of total loans at Q2 2026. Net charge-offs for the year to date were 0.18% of average loans, annualized.
Profitability
- Return on equity 16%
- Net interest margin 3.6%
- Return on assets 1.7%
Compared with banks of similar size
The six banks ranked closest to Preferred Bank by total assets at Q2 2026, three above and three below where possible.
Among the seven banks in the table at Q2 2026, Preferred Bank is 4th by total assets. Its CET1 ratio of 11.06% compares with a peer median of 11.71%, its tier 1 leverage ratio of 10.55% compares with a peer median of 9.93%, and its return on equity of 16.49% compares with a peer median of 11.34%.
| Bank | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|
| Bankers Trust Company | $7.8 bn | 10.95% | 11.28% | 57.36% | |
| Stockman Bank of Montana | $7.7 bn | 12.01% | 19.71% | 40.06% | |
| Bangor Savings Bank | $7.7 bn | 10.39% | 5.26% | 19.67% | |
| Preferred Bank | $7.7 bn | 11.06% | 16.49% | 50.28% | |
| Equity Bank | $7.7 bn | 13.08% | 11.77% | 27.12% | |
| Kearny Bank | $7.7 bn | 13.44% | 4.90% | 39.15% | |
| Ocean Bank | $7.6 bn | 11.41% | 11.41% | 45.92% | |
Q2 2026. Peer median (the six banks, excluding this one): CET1 11.71%, return on equity 11.34%. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Last eight quarters
Preferred Bank, as reported in its Call Reports.
From Q3 2024 to Q2 2026, total assets rose 12.5% to $7.7 bn, deposits rose 10.3% to $6.5 bn and bank equity capital rose 5.8% to $793.5 mn. Over the same period its full-time equivalent staff went from 317 to 321 and its offices went from 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 |
| Common equity tier 1 (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 |
Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Mergers and acquisitions
Figures before and after each event are not like for like.
- . Absorbed United International Bank (FDIC certificate 57987).
Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.
Identifiers and sources
- FDIC certificate
- 33539
- Federal Reserve RSSD ID
- 1918344
- Head office
- Los Angeles, California
- EconoMonitor ID
- EMB-US-000299
Frequently asked questions
What were Preferred Bank's total assets?
$7.7 bn at Q2 2026, according to its Call Report as published by the FDIC. By total assets it ranks 201st among 497 banks reporting this metric (1 = highest).
How often is this page updated?
Every quarter, after Preferred Bank files its Call Report and the FDIC publishes it. This page shows Q2 2026, loaded on 19 October 2026; any sentence that uses an earlier quarter names it.
Where can I check these numbers?
In the FDIC BankFind Suite record for certificate 33539, and in the Call Reports filed under RSSD ID 1918344 at the FFIEC Central Data Repository.
Sources and definitions
Definitions, Call Report fields and formulas for each metric: Bank equity capital, Uses community bank leverage ratio framework, Common equity tier 1 (CET1) ratio, Deposits in domestic offices, Efficiency ratio, Full-time equivalent employees, Loan-to-deposit ratio, Total loans and leases (gross), Net loans and leases, Net charge-offs to average loans, Net income (year to date), Net interest margin, Noncurrent loans to total loans, Number of offices, Return on assets (ROA), Return on equity (ROE), Available-for-sale securities (amortized cost), Available-for-sale securities (fair value), Held-to-maturity securities (amortized cost), Held-to-maturity securities (fair value), Total securities, Tier 1 leverage ratio, Total assets, Total deposits, Total equity capital, Total risk-based capital ratio, Uninsured share of domestic deposits, Estimated uninsured deposits, Unrealized gain/loss on available-for-sale securities, Unrealized gain/loss on held-to-maturity securities.
Checks for this release: Check A (database against the FDIC download) passed, Check B (FDIC against FFIEC Call Report filings) passed.
Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. FDIC BankFind Suite API.
Source: FFIEC Central Data Repository (Call Reports). EconoMonitor is not affiliated with or endorsed by the FFIEC. FFIEC Central Data Repository, Public Data Distribution.
Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.