Preferred Bank

Casey, IL
IDRSSD: 2811086
Total Assets
$73.00M
Latest filing
Total Deposits
$67.19M
Latest filing
Net Interest Margin
3.38%
Profitability

Locations

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Main Office
Preferred Bank
602 N Route 49
Casey, IL 62420
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/19/1999FDIC Certificate 61963

Branches (1)

Page 1 of 1
NameAddressCity / State
Preferred Bank (Main)602 N Route 49Casey, IL
MARSHALL ILLINOIS BRANCH103 Kyden DriveMarshall, IL
Showing 1 of 1

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date07/19/1999
Community BankYes
Ownership TypeNot Mutual
ZIP62420
State and County Number17023
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees19
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance07/19/1999
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/14/2025
CERT34900
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$73.00M
Total Deposits$67.19M
Total Liabilities$67.43M
Total Equity Capital$5.57M
Net Income$-7,000
Net Loans and Leases$47.32M
Assets Per Employee ($Millions)$4.06M
Bank Premises and Fixed Assets$2.00M
Cash and Balances due from Depository Institutions$8.34M
Deposits Held in Domestic Offices$67.19M

Key Performance Ratios

Return on Assets (ROA)-0.04%
Return on Equity (ROE)-0.52%
Net Interest Margin3.38%
Efficiency Ratio94.2%
Tier 1 Risk-Based Capital Ratio11.511%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.24%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.63%
Earning Assets to total Assets92.5%

Income and Expense

Total Interest Income$920.00k
Total Noninterest Income$47.00k
Total Interest Expense$364.00k
Total Noninterest Expense$568.00k
Net Interest Income$556.00k
Pre-tax Net Operating Income$-7,000
Provision for Credit Losses$42.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$109.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$236.00k
Total Liabilities and Capital$73.00M

Securities

Securities$12.65M
Available-for-sale debt securities$12.65M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Preferred Bank?
$73.00M as of the latest filing.
How much are Preferred Bank's total deposits?
$67.19M in total deposits.
Where is Preferred Bank located?
Casey, IL.
What is the Net Interest Margin?
3.38%.
How many domestic offices does it operate?
2.
When was it established?
07/19/1999.
What is the Return on Assets (ROA)?
-0.04%.
How much are total loans and leases?
$47.32M (latest filing).
What is the total interest income (latest filing)?
$920.00k.