# PREFERRED COMMUNITY BANK
FORT MYERS, FL · FDIC certificate 58262 · asset band <$300M · latest filing 2018-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $115.9M | |
| Deposits | $102.0M | |
| Loans and leases | $83.8M | |
| Total equity | $13.8M | |
| Loans / deposits | 81.24% (p58 of band) | 76.78% |
| Liquid assets / assets | 22.33% (p32 of band) | |
| Uninsured deposits / deposits | 13.44% (p43 of band) | 15.22% |
| Brokered deposits | 1.28% | |
| Wholesale funding | 1.28% (p46 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.41% (p66 of band) | 11.19% |
| Unrealized securities loss / equity | -3.80% (p37 of band) | -2.38% |
| AOCI / equity | -1.23% (p51 of band) | |
| ROA (annualized) | 0.95% (p47 of band) | 1.00% |
| Net interest margin | 3.93% (p60 of band) | 3.78% |
| Efficiency ratio | 70.69% (p53 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.57% |
| Net charge-offs (annualized) | 0.00% (p53 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 98% | |
| Construction % of loans | 57.79% (p82 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 | 4.4% | |
| Employees | 25 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 4 |  | charge-offs p90 |
| 2011-09 | 4 | capital falling | noncurrent p90 |
| 2011-12 | 3 |  | capital falling |
| 2012-03 | 4 | charge-offs p90 |  |
| 2012-06 | 8 | leverage <7%, capital falling, noncurrent p90, deposits shrinking, assets shrinking | charge-offs p90 |
| 2012-09 | 4 |  | capital falling, noncurrent p90, deposits shrinking, assets shrinking |
| 2012-12 | 4 | uninsured deposits leaving | leverage <7% |
| 2013-03 | 2 | charge-offs p90, deposits shrinking | losing money, expense ratio p90, reserve under noncurrent, uninsured deposits leaving |
| 2013-06 | 2 | uninsured deposits leaving | deposits shrinking |
| 2013-09 | 1 |  | charge-offs p90 |
| 2013-12 | 1 | capital falling | uninsured deposits leaving |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 1 | liquid assets <10% |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 0 |  | liquid assets <10% |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |

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

- 2018-02-14 [Achieva CU Merges In Preferred Community Bank - cutoday.info](https://news.google.com/rss/articles/CBMiigFBVV95cUxQLUFGQllRQXRKcXRvYVQyRm5XOEdZMjlteWIzVjktbG4xa3RHNk15RWR6SEVXcWxrYnB2RXlwakhKd2NZTkFjdC1XeFYyOWJ2eTFndHZaN3RuZ2JRRzNYUXhlTjA5R3pmMUVaWGsybE44NDZlc1JCS1B3TUUzSUx2YTZudDN0ajBpc1E?oc=5) · cutoday.info
- 2020-08-26 [Achieva Credit Union buys another bank - American Banker](https://news.google.com/rss/articles/CBMikAFBVV95cUxOR3d0N2Q1Qkg1Z2ViYWhSd0hfTWZoZmozV3p5LVhJSERXMUsyM1h1Y1o0QV9vUUV3SnhrZDcycS1mQ1l0NGRFZVhGV1haSVl0bXRBeXdYckZZNlNCWnFGeDlsb3hnOVBhaVBmRUxFNmg4OFZGdmVtU0RfX25PbXl2ZmJzSEd4RC1UbDg3TERYdGc?oc=5) · American Banker
- 2019-09-25 [Credit unions go shopping - Florida Trend](https://news.google.com/rss/articles/CBMieEFVX3lxTE5mNFNVV3FpcDI0QWxrQThHSU5PUC1rakxIY2gzOFhHV1V6ME8tS3JjMjhoaDl5TjV5bkoyZnFuMmlQamgzODR5dHJRXzJJYnNOZkdEQlhNREV2eXRvaXo5VFNMRlk0NFBkUU96RXk5a3J6ZlNudk9KQg?oc=5) · Florida Trend
- 2018-02-14 [Achieva Credit Union buys second bank - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPMjZ4Rkt4UGhCOFdObXk4S1FSYmtfV2hiTG5UTEo5MHVMUWhRWUVSRWVjdmRLS19IcWZBajEzYWJyU2trWjJod0Q3YzRZR0NESWQxTUZILUljcW1fSHFIbmIyVDRlRE5kVTlKTDdKSWpKN3FMY2FNN2JiVFBPbTczeGx4SWZRN3hSYUZMYkxmNWIwSTdKLXptS2tPNnZsTVNmdFQwOWpacnN4Zw?oc=5) · Sarasota Herald-Tribune
- 2018-02-14 [Tampa Bay credit union buys Fort Myers bank - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxNa1Vjc0pmREs1YnVuM2w1ZjZUTmUyWndNVm1BUkZLQ3hjRHlyMmVWM28tbTlJaEZTMlhPb3ZZMHBzOFFJQVFOVDl6UE9ZMVpaV29JMzBOWHNPaG1zZTM2c0wyeVQ1SHUxNGpGVEZDWEItY0pxanB6SzBZMG5pZTFMc3UzbFdEd3hnd3l3VE1iZnJpYlJZNU1jel9jMzJQc283RmZF?oc=5) · The Business Journals
- 2025-11-30 [James Thomas Holbrook Obituary Nov 30, 2025 - Northcutt & Son Home for Funerals, Inc.](https://news.google.com/rss/articles/CBMiaEFVX3lxTE1VSi1jVmlCRFM2eC1UeDg2NUhpUGpNbG12cS1DcnZDcmpQa29lNWR0ZzJ4bTZWYXdjWkkyNGwzTk9IZ1lxemxyNjU2a09kZkl5ZU1CTC0tUnN5bTFwUTJsY0hQZ0c0TjVZ?oc=5) · Northcutt &amp; Son Home for Funerals, Inc.
- 2007-08-05 [Luck of the Irish: Shamrock Bank opens in downtown Naples - Naples Daily News](https://news.google.com/rss/articles/CBMiZEFVX3lxTE1PenZkUFVQSWZOaVVtUE1lUmF4T0l5SnB3dzFQNHJNN2JwTmdfVHl5UU1EVTVlY0tPODFTeVdUS2RaSTY1VFgxZEpjQUZ6XzJrSFZTSm5qNndEMlp0WHl5Qjc4UE4?oc=5) · Naples Daily News
- 2018-05-04 [Michigan credit union completes purchase of Florida bank - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPNlhWUGtNWjJaaEF4US1XQmFuYnJNNk9mWEllYzBkdU9VekxzTElsX3l6cnpxdl9HTE1lVG5Damx6a1NjVmc3RHIxdVltVy1USDNlN3cycUlSN3dDcXZxenV3WVQ0Y2pTWGk5RGRqcmVlb3VfVkVMRXYwcmwtSHJLX2hqMzNZRjhFTk0zVDRQSF9uWC1CVkFVSE50RUJLb28xQ3R2MWF3bk1WVlg3akltbXpMU3NnWEttMnJpU2NfUEVrMXZ3SUk4eXI2ZHNhME1wS0llWUxUZHFxbE0?oc=5) · Sarasota Herald-Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58262 (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/22.json (key "58262", 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