Preferred Bank
Major Rating Factors:
A current level of 11.3 percent of nonperforming loans to core capital combined with 6.4 percent from a year earlier contributes to the Fair asset quality (4.2). 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:
Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 1.7 has resulted in Excellent (9.7) profitability. Excellent current capitalization (9.3 on a scale of 0 to 10) based on a risk-based capital ratio of 13.7 and a capital leverage ratio of 10.6.
Asset Mix:
Comm re (33%), comm loans (22%), cash (10%), home mtgs (9%), securities (7%), 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
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