BranchWatch

Preferred Bank

Headquartered in Los Angeles, CA. FDIC certificate #33539 · Federal Reserve RSSD 1918344.

Total assets
$7.7B
Deposits
$6.4B
Q1 2026
Active branches
17
Closings since Jan 2020
1
5 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$31M
Return on assets
1.63%
Return on equity
15.97%
Noncurrent loan rate
2.76%

Deposits by year (Summary of Deposits)

4
2019
4
2020
5
2021
5
2022
6
2023
6
2024
6
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2026

Openings by year

1
2021
1
2023
1
2025
2
2026

Branches by state

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.preferredbank.com.