Preferred Bank
601 South Figueroa Street
29th Floor
Los Angeles,
CA 90017
United States - Map
Phone: 213-891-1188
Fax: 213-622-0369
Web Site: http://www.preferredbank.com
| Preferred Bank operates as an independent commercial bank in California. Its deposit products include checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail certificates of deposit; non-retail certificates of deposit; and individual retirement accounts. The company provides construction loans and mini-permanent loans for residential, commercial, industrial, and other income producing properties. It offers capital loans, equipment financing, and commercial real estate loans, as well as provides a range of deposit products and related services, such as safe deposit boxes, account reconciliation, courier service, and cash management services to the middle market business customers. The company also offers commercial and standby letters of credit, acceptance financing, documentary collections, foreign draft collections, international wires, and foreign exchange services to international trade finance customers. Further, Preferred Bank offers various private and personal banking services, as well as Internet banking services. It serves small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. As of December 31, 2008, Preferred Bank operated 12 full-service branch offices in Los Angeles, Orange, and San Bernardino Counties. The company was founded in 1991 and is headquartered in Los Angeles, California. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Li Yu , 69
Founder, Chairman, Chief Exec. Officer, Pres, Sec., Chairman of Investment Committee, Member of Loan Committee, Member of Asset Liability Management Committee and Member of Management Loan Committee |
$
570.00K |
$
0 | Mr. Edward J. Czajka , 45
Chief Financial Officer, Principal Accounting Officer, Exec. VP and Member of Asset Liability Management Committee |
$
248.00K |
$
0 | Mr. Nick Pi , 50
Exec. VP and Group Mang. |
$
120.00K |
$
0 | Mr. Frederick B. Denitz ,
Exec. VP and Group Mang. |
$
295.00K |
$
0 | Mr. Robert J. Kosof ,
Chief Credit Officer, Exec. VP and Member of Management Loan Committee |
$
347.00K |
$
0 |
|
|
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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1.52% Nasdaq 0.00%
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