BranchWatch

Preferred Bank

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

Total assets
$7.7B
Deposits
$6.5B
Q2 2026
Active branches
17
Closings since Jan 2020
1
5 openings since Jan 2020

Financial snapshot — Q2 2026

All quarters
Net income (quarter)
$34M
Return on assets
1.69%
Return on equity
16.49%
Noncurrent loan rate
1.57%

Deposits by year (Summary of Deposits)

4
2019
4
2020
5
2021
5
2022
6
2023
6
2024
6
2025
6
2026

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.