Preferred Bank

205 Main St
Rothville, MO 64676

Notable Rates APY Vs.Others
Savings 0.10% 2.60% →
1-Year CD 0.75% 2.30% →
2-Year CD 1.36% 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Preferred Bank is an FDIC insured institution located in Rothville, MO. It was founded in 1904 and has approximately $0.11 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 10628
Date Established 1904
Assets $0.11 billion
Loans $0.04 billion
Deposits $0.10 billion
Capital $0.01 billion
 

For a more detailed analysis of Preferred Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 15, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1,000 $4,999 Learn MoreShow Less
Money Market
0.20% $5,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $2,500 - Learn MoreShow Less
6 Mo CD
0.35% $500 - Learn MoreShow Less
12 Mo CD
0.75% $500 - Learn MoreShow Less
18 Mo CD
0.80% $500 - Learn MoreShow Less
24 Mo CD
1.36% $500 - Learn MoreShow Less
36 Mo CD
1.25% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.27% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - November 15, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Preferred Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.657% 3.625% 0.00 $1,012 $1,141 Learn More
First Internet Bank
NMLS ID: 424182
3.625% 3.625% 0.00 ($118) $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to Preferred Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Preferred Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Preferred Bank Locations


Financial Details

Preferred Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Preferred Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Preferred Bank U.S. Bank Average
10.36% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Preferred Bank had $61,000 in non-current loans and $930,000 in owned real estate. To cover these potential losses it had $9,144,000 in equity and $425,000 in loans loss reserves. That gives it a Texas Ratio of 10.36%.

Return on Equity
Preferred Bank U.S. Bank Average
14.97% 9.50%

Preferred Bank has a Return on Equity of 14.97% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Preferred Bank U.S. Bank Average
8.51% 12.76%

Preferred Bank has a Capitalization of 8.51% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Preferred Bank Balance Sheet Analysis

As of June 30, 2019, Preferred Bank had assets of $107,500,000, loans of $39,540,000, and deposits of $98,260,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.04 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.10 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 86.87%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.10 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Preferred Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, Preferred Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 31.83
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.85
Small Business Loans 14.09
Construction and Development Loans 1.90
Commercial Real Estate 18.09
Commercial and Industrial Loans 12.37
Farm Loans 7.64

Frequently Asked Questions About Preferred Bank

Branches and Savings

Is Preferred Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10628.

Why does Preferred Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Preferred Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Preferred Bank a commercial bank?

Yes

Where are Preferred Bank locations?

See branch locations nearby.

Is Preferred Bank open on Saturdays?

Is Preferred Bank open on Sundays?

What time does Preferred Bank open?

What time does Preferred Bank close?

Are Preferred Bank ATMs Open 24/7?

Do Preferred Bank ATMs accept cash deposits?

Can Preferred Bank customers use other ATMs?

Do Preferred Bank branches have notaries?

Will Preferred Bank notarize my document?

What address for Preferred Bank should I put for incoming ACH transfers?

Will the Preferred Bank branch print checks?

Do Preferred Bank checks expire?

Does Preferred Bank require US citizenship to open account?

Can Preferred Bank close my account?

Does Preferred Bank Report to credit bureaus?

Does Preferred Bank Use Equifax?

What is Preferred Bank's ACH Routing Number?

What is Preferred Bank's SWIFT code?

Products

Does Preferred Bank offer mortgages?

Compare mortgage rates here.

Does Preferred Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Preferred Bank offer personal loans?

Compare personal loan rates here.

Does Preferred Bank offer student loans?

Will Preferred Bank cash a check?

Will Preferred Bank redeem a savings bond?

Does Preferred Bank cash savings bonds?

Will Preferred Bank cash money orders?

Can Preferred Bank issue a money order?

Does Preferred Bank do currency exchange?

Background on The Bank

Who owns Preferred Bank?

How long has Preferred Bank been around?

Can Preferred Bank transfer to other banks?

Does Preferred Bank have quick pay?

Does Preferred Bank accept rolled coins?

Will Preferred Bank accept loose change?

Where is Preferred Bank headquarters?

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