Skip to content

Preferred Bank

Preferred Bank is a California-headquartered full-service commercial bank established in 1991 and listed on NASDAQ under the ticker PFBC.

Last updated September 11, 2026

AI crawler reads

No AI crawler has read this profile since Oct 28, 2026.

Overview

Preferred Bank was established on December 23, 1991 as a California state chartered bank insured by the Federal Deposit Insurance Corporation. It is a full-service commercial bank headquartered at 601 South Figueroa Street in Downtown Los Angeles. The bank is listed on NASDAQ under the ticker PFBC and reported over $7 billion in total assets. It serves Southern California, the San Francisco Bay Area, New York and Houston, Texas, offering commercial real estate loans, business loans, treasury management and consumer banking services.

History

Preferred Bank was established on December 23, 1991 as a California state chartered bank, insured by the Federal Deposit Insurance Corporation. Its initial offering closed on December 11, 1991 and was oversubscribed at $20,180,000. The bank states that it believes this initial capitalization was the largest formation of a state chartered bank in California history. It is a full-service commercial bank with its headquarters at 601 South Figueroa Street in Downtown Los Angeles. The bank has served its customers and communities since 1991 and operates locations serving Southern California, the San Francisco Bay Area, New York and Houston, Texas.

Products and positioning

The Preferred Way to Bank; one of the larger independent commercial banks headquartered in California.

  • Commercial Deposits

  • Commercial Loans

  • SBA Lending

  • Home Loans

  • Standard Checking Accounts

  • Real Estate & Construction Loans

  • Remote Deposit Capture

  • Mobile Banking

Sources5 sources

Cite this profile: Cite the canonical profile. /brand-wiki/preferred-bank · Editorial policy · How profiles are compiled