# PREFERRED BANK
HOUSTON, TX · FDIC certificate 32265 · asset band $300M-1B · latest filing 2019-09 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $331.6M | |
| Deposits | $291.0M | |
| Loans and leases | $162.8M | |
| Total equity | $37.7M | |
| Loans / deposits | 55.93% (p8 of band) | 85.55% |
| Liquid assets / assets | 44.90% (p90 of band) | |
| Uninsured deposits / deposits | 61.73% (p98 of band) | 22.02% |
| Brokered deposits | 0.17% | |
| Wholesale funding | 0.17% (p21 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.27% (p4 of band) | 10.66% |
| Unrealized securities loss / equity | 0.06% (p21 of band) | 0.93% |
| AOCI / equity | 0.06% (p9 of band) | |
| ROA (annualized) | 0.30% (p5 of band) | 1.13% |
| Net interest margin | 1.17% (p0 of band) | 3.75% |
| Efficiency ratio | 69.02% (p61 of band) | |
| Noncurrent loans | 1.04% (p74 of band) | 0.53% |
| Net charge-offs (annualized) | 0.00% (p22 of band) | |
| Reserve coverage of noncurrent | 3.61% | |
| Real estate % of loans | 95% | |
| Construction % of loans | 55.03% (p64 of band) | |
| Auto loans | $53,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 28.1% | |
| Employees | 43 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **capital falling** (`cap_falling`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | securities losses >30% of equity, construction >100% equity |  |
| 2011-06 | 5 | losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-09 | 4 | capital falling | construction >100% equity, reserve under noncurrent |
| 2011-12 | 2 |  | charge-offs p90, capital falling |
| 2012-03 | 1 | uninsured deposits leaving | securities losses >30% of equity, losing money |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 1 |  | capital falling |
| 2012-12 | 1 |  |  |
| 2013-03 | 2 | deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2013-06 | 3 | construction >100% equity |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 2 |  | assets shrinking |
| 2014-03 | 2 | capital falling | deposits shrinking |
| 2014-06 | 1 |  | capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | reserve under noncurrent |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 3 | capital falling |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 3 | deposits shrinking | capital falling |
| 2016-06 | 2 |  | deposits shrinking |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | construction >100% equity |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 | capital falling | reserve under noncurrent |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | uninsured deposits >50%, reserve under noncurrent | capital falling |
| 2018-09 | 1 |  | reserve under noncurrent |
| 2018-12 | 2 | reserve under noncurrent |  |
| 2019-03 | 1 |  | reserve under noncurrent |
| 2019-06 | 4 | losing money, expense ratio p90, reserve under noncurrent |  |
| 2019-09 | 4 | capital falling, NIM <2.5% | losing money, expense ratio p90 |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-09 [Preferred Bank Announces 2026 Second Quarter Earnings Release and Conference Call - GlobeNewswire](https://news.google.com/rss/articles/CBMi7gFBVV95cUxQaG4yV0Nzdlp4VGpxeWZPaEFOeFo2cEp6V0JCQkVaV1lHUF80NF9kaXFteXJnTlJfM0l0c3UtaUtvS0pLaFFtUTN0YTJCSm85M1A1SjM3bWQ1Y1A3UEp3djZObTZmWFhXVTJ6UExFQkZFdkpPUmFNcmZ2S0pNYzMxbE0ySjBOcU5VZmU4T2w1TGdta3FOR1dfY01GWnpXMm95V1d2TnBkQkZLZ1g0WnJGa3Jici10SzN4SzhoYktQMzlFY2YzU3dGNmh0U1hVZUZRQURVeHhUQ3M3c0tCZFV3OXNXR0J6VnZ3VGlXb0NB?oc=5) · GlobeNewswire
- 2026-05-20 [Preferred Bank Announces Recovery Settlement - GlobeNewswire](https://news.google.com/rss/articles/CBMivAFBVV95cUxQLTdUV0l1dmU1bDF2UVFBOXp2OVEyUEQxSGc5dnlKR1B1bFhZRkJ1VGxray1FdERHU1V3OWN1ZnRiWmRMT3AyOW9LaEZrY2lSbnRMMDRBdUFyU3dsX0tseWtKbmtjWXBnWTBkUFctY3NubUdCa0hJekRXdDlQQUtMYU43UGNyZThTY21WeHpXN2szQVBzY0J6dHItdXZLYjAxakdzX2FTYkxTT1BGQXZUTnZCRmFiTzZsOFFlVQ?oc=5) · GlobeNewswire
- 2026-04-07 [Regional Banks Stocks Q4 Highlights: Preferred Bank (NASDAQ:PFBC) - Yahoo Finance](https://news.google.com/rss/articles/CBMiogFBVV95cUxPWm9BNjRUWmxyOEtlNGN4RTJkZzFlckZtZlE1RnZuZFZzb2o1QkZPVEp4ZGlxVlBQNWgyN1FqYVFjTTRPOE5jckI1dFdNTXA3QjF2YndQNXphU2FuSlNJekg5XzJLODU3bzQxbkhsSWJxaVhRYlpBYzRNTXVJMzlvTWxiVzNqWS0zakVXOGpZcWJKUnZ4Z3pEUm5xS2Q4QWczX1E?oc=5) · Yahoo Finance
- 2025-06-02 [LA500 2025: Li Yu - Los Angeles Business Journal](https://news.google.com/rss/articles/CBMihgFBVV95cUxQRzNsdzZFaXFBOWZ3WllXbnZPY25URkh4SEU0R2V4NnpMd1l1TU9BcXI2UExWRWZWUmtfQWt3VG9RM0xJLXFxRm1UUEMyT0Vpblpaald3R0tzMFJUNzVCb3B0Z2htN01CSG5JbUJ3T0xENU93Y3FQRTRRcHF3QU9KbENZMm9ZUQ?oc=5) · Los Angeles Business Journal
- 2025-07-11 [The 20 top-performing banks with $2B to $10B of assets - American Banker](https://news.google.com/rss/articles/CBMilwFBVV95cUxPS0NEYTZFeXRleUhoXzViMmtzQVBWX2xhVVI3aXQwT2N4c056SGF0dzBKbG9uWjlPTXRBcEFNT19XN1JDQmZFZ2ZZLWd1cjVqNEJYOXhuQkJJVzBuY1RubG9HRy10M1o1N0M5THY4REtaaW40WVBQWHJfS2dfNHJFdFVwajVROVVKSEtWQ0YxS0Rjd2tZU2JF?oc=5) · American Banker
- 2019-10-12 [Texas First Bank marks milestone in largest expansion - galvnews.com](https://news.google.com/rss/articles/CBMi0wFBVV95cUxOT2lzdzlWRnlWUTZOWWxJd2EzV0lzeGhWRFZOdHZVUmFQenMyWW9Pay1wM1B5U0Q3U0NXb0hzNTNUcGJZSFNndmhsbDBickxsNl9nc3Y5Vnhfa2ZIdS1VdGtQUXdsa29OVmZIdkF3MlB5cUFGU1dmRS1lQWdjSHNEVjhtdzRVY084X1kwVDc5MlpMQmYyUElpNDBLUEZvZ2xabHhVLUJ0UTJXVmNrOGhkdGZiRjl0LUZfZHU5UnVaaFA2QXdXWGQybEJ5ZzJ5VTQyeElr?oc=5) · galvnews.com
- 2021-02-22 [Preferred Bank (CA) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMigAFBVV95cUxOaF9lUThJRkpxMDQ4dGhVcFBiVEF6RFo4TkNEMzRLWDBvNEVEbXViN2VmU3JfNnpxdDZfTUNDZGp2V1RmNjdqLU1kMWpDX21zTllTcG1HY2l0WXFjQXYzeEswbmIzeWdIVmhkUGl4QkdKVFE4SGxHVl9WWXoyLWRpUg?oc=5) · SmartAsset
- 2025-12-27 [Bank OZK: Why I Doubled My Position In The Preferred Stock (NASDAQ:OZK) - Seeking Alpha](https://news.google.com/rss/articles/CBMinwFBVV95cUxNbzVTTE4tOXdfajdVWTIyQURwbmtxM0NSdi1XczJaY1NTbmNJY3FBeTlKUGR3SVlXLVF6RmZzSEJ0dmJkdktOby1CNl9Bc1BpQWdGRTR1NmhvSW1BWmNsVW5oQnd3aklyVlZtVjJqVVRYWkprMEZoeEt5WFB4dEFaZVRKSzh0aFhzdllMWS1wZVhxN2xNTjJUTUFxYVlOcms?oc=5) · Seeking Alpha

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32265 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/9.json (key "32265", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide