Preferred Bank (IL)

Preferred Bank (IL)


Overview / Commentary
217-932-2265
602 North State Highway 49
Casey, IL 62420

Preferred Bank (IL) is headquartered in CASEY and is the 293rd largest bank in the state of Illinois. It is also the 4,083rd largest bank in the nation. It was established in 1999 and as of March of 2025, it had grown to 19 employees at 2 locations. Preferred Bank (IL) has a C health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Preferred Bank (IL) has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #34900
Year Established1999
Employees19
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.05%
Return on Equity - YTD-0.69%
Annual Interest Income$838K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$68.1MM$68.6MM
LoansQ1 2025vs Q1 2024$43.5MM$46.5MM
DepositsQ1 2025vs Q1 2024$62.7MM$61.7MM
Equity CapitalQ1 2025vs Q1 2024$5.3MM$5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$276K$319K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.3MM$208K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Preferred Bank (IL) Locations
Preferred Bank602 N Route 49Casey, IL 62420
Marshall Illinois Branch103 Kyden DriveMarshall, IL 62441

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