Preferred Bank
Major Rating Factors:
A current level of 9.1 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Fair asset quality (4.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 15.2 and a capital leverage ratio of 11.5. Operating profits as a percentage of assets at 2.5%, coupled with a return on assets of 1.7 has resulted in Excellent (9.2) profitability.
Asset Mix:
Comm re (32%), comm loans (19%), cash (13%), home mtgs (11%), securities (6%), other (19%)
States with Branches:
CA, NY, TX
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
601 South Figueroa Street
Los Angeles, CA 90017
Los Angeles, CA 90017
Phone Number
(213) 891-1188
Year Founded
1991
FDIC Number
Website
Largest Affiliates
No affiliate information available.