Preferred Bank
Los Angeles, CA
IDRSSD: 1918344
Total Assets
$7.47B
Latest filing
Total Deposits
$6.24B
Latest filing
Net Interest Margin
4.01%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Preferred Bank
601 S Figueroa St
Los Angeles, CA 90017
Full Service - Brick and Mortar
Updated 11/14/2025Established 12/23/1991FDIC Certificate 47419
Branches (15)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| Preferred Bank (Main) | 601 S Figueroa St | Los Angeles, CA |
| ALHAMBRA BRANCH | 325 E Valley Blvd | Alhambra, CA |
| TORRANCE BRANCH | 21615 Hawthorne Blvd | Torrance, CA |
| LOS ANGELES - CENTURY CITY BRANCH | 1801 Century Park E | Century City, CA |
| ARCADIA BRANCH | 1469 S Baldwin Ave | Arcadia, CA |
| IRVINE BRANCH | 890 Roosevelt | Irvine, CA |
| DIAMOND BAR BRANCH | 1373 S Diamond Bar Blvd | Diamond Bar, CA |
| FLUSHING BRANCH | 4160 Main St Ste 103 | Flushing, NY |
Showing 7 of 15
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 12/23/1991 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 90017 |
| State and County Number | 06037 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 12 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | Los Angeles-Long Beach-Anaheim, CA |
Operational Info
| Number of Employees | 323 |
| Domestic Offices | 16 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/18/2023 |
| Date of Deposit Insurance | 12/23/1991 |
| Primary Insurance Agency | DIF |
| Website | www.preferredbank.com |
| Data Updated | 11/14/2025 |
| CERT | 33539 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $7.47B |
| Total Deposits | $6.24B |
| Total Liabilities | $6.69B |
| Total Equity Capital | $775.64M |
| Net Income | $35.94M |
| Net Loans and Leases | $5.81B |
| Assets Per Employee ($Millions) | $23.41M |
| Bank Premises and Fixed Assets | $34.72M |
| Cash and Balances due from Depository Institutions | $795.83M |
| Deposits Held in Domestic Offices | $6.24B |
Key Performance Ratios
| Return on Assets (ROA) | 1.95% |
| Return on Equity (ROE) | 18.87% |
| Net Interest Margin | 4.01% |
| Efficiency Ratio | 28.35% |
| Tier 1 Risk-Based Capital Ratio | 11.338% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.14% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.386% |
| Earning Assets to total Assets | 96.15% |
Income and Expense
| Total Interest Income | $126.85M |
| Total Noninterest Income | $3.35M |
| Total Interest Expense | $55.54M |
| Total Noninterest Expense | $21.18M |
| Net Interest Income | $71.31M |
| Pre-tax Net Operating Income | $50.98M |
| Provision for Credit Losses | $2.50M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $52.61M |
| Other borrowed funds | $200.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $106.83M |
| Total Liabilities and Capital | $7.47B |
Securities
| Securities | $588.15M |
| Available-for-sale debt securities | $569.12M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $19.03M |
| Subordinated Debt | $148.65M |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Preferred Bank?
$7.47B as of the latest filing.
How much are Preferred Bank's total deposits?
$6.24B in total deposits.
Where is Preferred Bank located?
Los Angeles, CA.
What is the Net Interest Margin?
4.01%.
How many domestic offices does it operate?
16.
When was it established?
12/23/1991.
What is the Return on Assets (ROA)?
1.95%.
How much are total loans and leases?
$5.81B (latest filing).
What is the total interest income (latest filing)?
$126.85M.