Preferred Bank (IL)
Preferred Bank (IL)
Overview / Commentary
Preferred Bank (IL) is headquartered in Casey and is the 393rd largest bank in the state of Illinois. It is also the 5,268th largest bank in the nation. It was established in 1999 and as of March of 2017, it had grown to 12 employees at 1 location. Preferred Bank (IL) has a C+ health rating.
Health
C+
Data as of Q1 2017
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 | 12 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.33% |
| Return on Equity - YTD | 3.19% |
| Annual Interest Income | $512.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $51.9MM$53.8MM |
| Loans | Q1 2017vs Q1 2016 | $35.6MM$35.5MM |
| Deposits | Q1 2017vs Q1 2016 | $46.6MM$48.5MM |
| Equity Capital | Q1 2017vs Q1 2016 | $5.3MM$5.3MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $793.00K$745.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $1.0MM$1.3MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$14.00K |
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 |