Preferred Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Los Angeles, California, established in 12/23/1991. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 15 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Preferred Bank reported total assets of $6,659,765 and manages deposits totaling $5,711,402 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $35,839 thousands last year. For more details, visit their website at http://www.preferredbank.com.
Bank Information:
- Bank Name: Preferred Bank
- Address: 601 S Figueroa St, Los Angeles, Los Angeles, CA, 90017
- Website: http://www.preferredbank.com
Classification and Operations:
- State: California
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 15
- Number of Foreign Offices: 0
- Total Assets: $6,659,765
- Total Deposits: $5,711,402
- Domestic Office Deposits: $5,711,402
Financial Data:
- Net Income (Attributable to Bank): $35,839
Establishment and Record:
- Established Date: 12/23/1991
- Last Recorded Data on: 04/12/2024