🏦Bank Scorer

PREFERRED BANK

LOS ANGELES, CA · Supervised by FDIC

Est. 1991FDIC #33,539RSSD: FDIC-33539
Satisfactory Same

Current rating · Exam: June 2023

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Strong

ROA 1.63%

Institution Profile

FDIC BankFind

Address

601 S Figueroa St, LOS ANGELES, CA

County

Los Angeles County

Established

December 23, 1991

Total Assets

$7.7B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

June 1, 2023

Exam Type

Large Bank

Regulator

FDIC
What is a CRA rating? →
Estimated next exam:Jun 2027(based on asset size)
Download Evaluation Report (PDF)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$7.7B

Total Deposits

$6.4B

Net Loans

$6.1B

Net Income

$31M

ROA

1.63%

Above avg for Community banks. Peer avg: 0.90%

ROE

15.97%

Risk-Based Capital

13.98%

Above avg for Community banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Community banks

Compared to the peer-bank Community peer group (same asset tier).

ROA1.63%Peer avg: 0.90%▲ Above avg
Risk-Based Capital13.98%Peer avg: 12.91%▲ Above avg
Mortgage Denial Rate3.88%Peer avg: 9.91%▲ Above avg

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Branch Footprint

FDIC SOD 2025

Total Branches

16

Branch Deposits

$6.1B

1-Year Change

+1

5-year net change: +3 branches

Mortgage Lending

CFPB HMDA
YearApplicationsOrig. RateDenial Rate
202330982.85%3.88%
202230579.02%4.26%
202124880.65%3.23%

2024 national avg denial rate: 23.75% · Community bank avg: 9.91% · above-average shown in red

Rating History

CRA / FFIEC

Rating Trend

↑ Improving

Based on last 3 exams

Exam DateRatingExam Type
Jun 2023SatisfactoryLarge Bank
May 2020SatisfactoryLarge Bank
Sep 2018Needs to ImproveLarge Bank

9 previous ratings locked — back to 1994

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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