Preferred Bank (IL)
Preferred Bank (IL)
Overview / Commentary
Preferred Bank (IL) is headquartered in Casey and is the 370th largest bank in the state of Illinois. It is also the 4,892nd largest bank in the nation. It was established in 1999 and as of September of 2018, it had grown to 20 employees at 2 locations. Preferred Bank (IL) has a B health rating.
Health
B
Data as of Q3 2018
Learn why bank health mattersAdditional 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 Established | 1999 |
| Employees | 20 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.1% |
| Return on Equity - YTD | 1% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $55.4MM$52.8MM |
| Loans | Q3 2018vs Q3 2017 | $38.6MM$36.9MM |
| Deposits | Q3 2018vs Q3 2017 | $50.1MM$47.2MM |
| Equity Capital | Q3 2018vs Q3 2017 | $5.3MM$5.5MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $579.00K$786.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $820.00K$1.2MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $133.00K$51.00K |
Rates
Sorry, we do not have rate data for Preferred Bank (IL).
Locations
| Preferred Bank (IL) Locations | ||
|---|---|---|
| Preferred Bank | 602 North Route 49 | Casey, IL 62420 |
| Marshall Illinois Branch | 103 Kyden Drive | Marshall, IL 62441 |