# PREFERRED BANK
CASEY, IL · FDIC certificate 34900 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $73.5M | |
| Deposits | $67.7M | |
| Loans and leases | $47.2M | |
| Total equity | $5.6M | |
| Loans / deposits | 69.33% (p43 of band) | 73.59% |
| Liquid assets / assets | 29.34% (p42 of band) | |
| Uninsured deposits / deposits | 16.41% (p37 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.30% (p5 of band) | 11.76% |
| Unrealized securities loss / equity | -11.89% (p36 of band) | -6.57% |
| AOCI / equity | -2.20% (p10 of band) | |
| ROA (annualized) | 0.27% (p11 of band) | 1.17% |
| Net interest margin | 3.26% (p20 of band) | 3.93% |
| Efficiency ratio | 92.28% (p91 of band) | |
| Noncurrent loans | 4.22% (p96 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p17 of band) | |
| Reserve coverage of noncurrent | 14.19% | |
| Real estate % of loans | 54% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.5% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | brokered >10%, wholesale funding >15% |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 3 | deposits shrinking |  |
| 2012-06 | 4 | assets shrinking |  |
| 2012-09 | 5 | noncurrent p90, reserve under noncurrent | wholesale funding >15% |
| 2012-12 | 4 |  | brokered >10% |
| 2013-03 | 5 | charge-offs p90, uninsured deposits leaving | noncurrent p90 |
| 2013-06 | 5 | losing money, expense ratio p90 | charge-offs p90, uninsured deposits leaving |
| 2013-09 | 1 |  | deposits shrinking, assets shrinking, losing money, expense ratio p90 |
| 2013-12 | 2 | uninsured deposits leaving |  |
| 2014-03 | 3 | charge-offs p90 |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 2 |  | uninsured deposits leaving |
| 2014-12 | 3 | uninsured deposits leaving |  |
| 2015-03 | 1 |  | charge-offs p90, uninsured deposits leaving |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | noncurrent p90 |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 3 | capital falling |  |
| 2016-06 | 2 |  | noncurrent p90 |
| 2016-09 | 2 | noncurrent p90 | capital falling |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 | charge-offs p90 | noncurrent p90 |
| 2017-06 | 3 | noncurrent p90 |  |
| 2017-09 | 2 |  | charge-offs p90 |
| 2017-12 | 2 | charge-offs p90 | noncurrent p90 |
| 2018-03 | 3 | uninsured deposits leaving |  |
| 2018-06 | 2 |  | uninsured deposits leaving |
| 2018-09 | 4 | expense ratio p90, uninsured deposits leaving |  |
| 2018-12 | 2 |  | reserve under noncurrent, uninsured deposits leaving |
| 2019-03 | 2 | capital falling | charge-offs p90 |
| 2019-06 | 1 |  | capital falling |
| 2019-09 | 2 | reserve under noncurrent |  |
| 2019-12 | 4 | capital falling, noncurrent p90 |  |
| 2020-03 | 3 |  | expense ratio p90 |
| 2020-06 | 2 |  | noncurrent p90 |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 | expense ratio p90 | reserve under noncurrent |
| 2021-03 | 3 | NIM <2.5% |  |
| 2021-06 | 1 |  | capital falling, NIM <2.5% |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | deposits shrinking, assets shrinking | expense ratio p90 |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | expense ratio p90 |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 | capital falling | assets shrinking, expense ratio p90 |
| 2023-06 | 1 |  | deposits shrinking |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | noncurrent p90, reserve under noncurrent | capital falling |
| 2024-09 | 1 |  | noncurrent p90 |
| 2024-12 | 1 |  |  |
| 2025-03 | 5 | losing money, expense ratio p90, noncurrent p90, uninsured deposits leaving |  |
| 2025-06 | 4 |  | losing money |
| 2025-09 | 5 | capital falling, losing money | uninsured deposits leaving |
| 2025-12 | 4 |  | losing money |
| 2026-03 | 3 |  | expense ratio p90 |
| 2026-06 | 3 | expense ratio p90 | capital falling |

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

- 2026-03-30 [Prospect Bank to take over Preferred Bank in Illinois - MyWabashValley.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPLUVtck9VVmtJR2cxS0w4RWJ3NUp1dFV5QVVieHYtSzU2NnI3UDVuWVRWMmNScVhnc3BWNGI2akR5aDZ6VnMwUHhIb0dGSVg0dXFWcUEzeXVmUWJoblJhUzU5VzlnNUxEUkN5UURkYTdKMHMyTUtralZYbVpWVmt6dTRnZFZxbFRDT0tXNTFnNkNEcDgy0gGaAUFVX3lxTE5RaUZWZnljOE8xQzJzR3p3eC0tbzMzbmI3YlRlZGhzbWYzanZVenJ1VlhVdFhELVlVaDNReV8yWS1sak81NlJUVDhvLUt6aThLVjBxZ0J6clhRLWRvM0p6NUROWElCa0lJcGNvdENIbDZJV2FKUzlPaVBhYmFUdTVNdVpWSk8tUG1fYlVPTE5kdTlIc0t6UDJhZnc?oc=5) · MyWabashValley.com
- 2026-03-30 [Edgar County Banc Shares Inc. to acquire Preferred Bancorp Inc. - Terre Haute Tribune-Star](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNbzZlcGVLVUVreHpsaXhkZHlUV3B2QlFuWTBzcG05akRFTm05dnVfUkJETm11T2lSb1dVY3Rfbk1JYzVZWFdyUHJyOWNlYkxRQU1zdlM5ZEJuZWFYQVZaTXZWNkE5aEtKeVhVQ2lUQ0RMcVlyX2paYUVLdl9icmJia2hlaXVQdi1wOFctTGo1RmpnYkhOMHUtZ2RUaDBrZm5ZN1Nrc1ZTdXFxZlVNTHVqUmRpWG1xN2F5TVIxUlFmT0JUSlhiMnI2RUdPZmJkTF9Ramc?oc=5) · Terre Haute Tribune-Star
- 2024-10-04 [GOP's preferred bank, Chain Bridge, valued at $138 mln in lukewarm NYSE debut - Reuters](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOb05GSXMtRDM3S2l0U1BCb2lQdmtFcHhVMWM2dmpYbEtGVDNIZXl3NWxuTTdoWHJQNjNDZUFZU21DNGJadHZZVFdNN0ZOR0VRMThEaW9NeUItdWR4aWVSNDV1TzR5NGVjSHVsa0k1eFowdUhWekFfaVAyU0JVODRaNGlfWkZUQ1NLU1lkdWtJMmxFV051Zi1aOXpwalJlT2h3TkRhZHBsV1l1NlBEbFRhcVpnd1k1SzdH?oc=5) · Reuters
- 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
- 2024-07-23 [Bank of America Stock: Don't Be Fooled By The 7% Preferred Share Yield (NYSE:BAC.PR.B) - Seeking Alpha](https://news.google.com/rss/articles/CBMirwFBVV95cUxNWVJXU1Q1Uk13N1ZPWWZsODhnZURGSDd5VnNiLVQ5SlZka0l6WHpSTWd2RGtBTUF2S2htOXdZWlBMdkQ2MzVLbGNlTFMtREJIUGktZGh5YjN3SnFPQ1VvME1xT3RmTGFhdllOSmZaNFBGVUdhQVpZTVZLVm96dW5rZUFkNHVNOTM1VFdfY0FHVDQ3SWxNZEVMWXZLdElMRFhNdnBTekNtZ0tkYmpzcHFF?oc=5) · Seeking Alpha
- 2026-01-07 [Top 10 Asian American-Owned Banks - Investopedia](https://news.google.com/rss/articles/CBMiekFVX3lxTE1xUlFhQnJic2FTUklRWHZ0U0tuMFJVZV92RjRUZkRCaFI0cmFQWlBUb2U2UzBxX2swYkwtY0RudTNJbXJkVENxYW5WYV93dHp0UVhRbmtDRzlySWJtVDFSaUpPQ2JONDN2QkhGQlBBdWw1OXZWT2pxTl9n?oc=5) · Investopedia
- 2023-09-11 [Dick M. Maulding Obituary (2023) - Casey, IL - Markwell Funeral Home - Casey - Legacy obituary](https://news.google.com/rss/articles/CBMiggFBVV95cUxPTzZrU0RReGlRbEY2dER2eE9ZU2lIU3ZPS3NtbUpMTnkyMDd3X2dEOU5uUGZDZGN1R0FNeVdHZV9YSjd3LWR5VDZsNW85a3Jnbk43dFpWQjFpQ3VBdHVDcDJyZGFwc09lU0llQmt5Q19UdW5SYUpUUU1nWmRIZXZheVNB?oc=5) · Legacy obituary
- 2026-08-17 [First Busey Preferred Shares (BUSEP) Slip 1.19% to $25.77 as Fixed-Rate Yield Play Faces Rate Uncertainty - Oversold Bounce Ideas - vinanet.vn](https://news.google.com/rss/articles/CBMi1wFBVV95cUxQWGZKQjhZQmVLOU1vNnp1bzh1blBBRVBMd2dMQ0Rpd0FTY0NTMGwwVTJiRW9Fa3BGYTVtRGhmVUpkVlRxZjh4bnFnZGNfX1l3ZldnSGNrbVY5ZHZ3WHEtbUJaaWlYV09KODFFZmJ2MG1fMmhqWGZKajZnX05wTTZXX0dHeTgtMmZrUEpTZndhVndfSWZRVjlHSzhTV05jWXZfVEtua0FoT05kVTRMTmRTTVlva082YTVkNVBXMDNPTGNybXVrb0lqQmdUUlU3N2QtV0pDVjQ3NA?oc=5) · vinanet.vn

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34900 (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/20.json (key "34900", 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