BNET Industries

Market Cap:$32.3M
Last Fiscal Year Sales:$90.9M
  • Public
  • US
Dow Jones Description

Preferred Bank was established on December 23, 1991 as a California State chartered bank, insured by the Federal Deposit Insurance Corporation. The initial offering closed December 11, 1991, and was oversubscribed at $20,180,000. We believe that Preferred Bank's initial capitalization was the largest formation of a State chartered bank in California history. Preferred Bank is a full service commercial bank with its head office located at 601 South Figueroa Street in downtown Los Angeles. The head office is a full service banking office occupying the 29th floor. This facility houses Preferred Bank's Executive, Finance, Operations and Credit Administration offices, as well as our Commercial, International Loans and Trade Finance and Real Estate Lending groups. Preferred Bank is one of the most highly regarded banks in California. It has consistently earned the highest ratings from expert financial rating agencies such as Bauer Financial, Sheshunoff, Veribanc, Inc., and The Findley Reports. Preferred Bank specializes in several specific market niches: - Middle Market Business consisting of manufacturing, service and distribution companies with sales of $3 million to $50 million annually and with borrowing requirements of up to $7 million dollars. Preferred Bank provides a complete range of lending services to this market, including working capital loans, equipment financing and commercial real estate loans. ...

CFO & Senior Vice President
Chris Chan
Number of Employees 142
Contact Information

601 S Figueroa St FL 20

Los Angeles, California 90017

www.preferredba...

(213) 891-1188

NAICS Code Commercial Banking: 522110

Recent Events

  • Preferred Bank Reports Third Quarter Results

    10/29/09 - Financial Announcement - View Story

  • RBC Capital Markets Corp maintains Preferred Bank at 'sector perform'

    9/11/09 - Bond / Stock Rating - View Story

  • Preferred Bank Reports Second Quarter Results

    7/30/09 - Financial Announcement - View Story

News & Analysis

preferred bank - All News and Analysis

Decision Makers

Name (plus bio) Position
Chris Chan CFO & Senior Vice President
Edward J. Czajka Cfo & Senior Vice President
Robert J. Kosof Executive Vice President & Chief Credit Officer
Frederick Denitz Executive Vice President & Manager, Commercial Bank Group

Board of Directors

Name (plus bio) Position
Herb Williams Chairman of the Board
Albert Y. C. Yu Board of Directors
Chih-Wei Wu Board of Directors
Clark Hsu Board of Directors
Frank T. Lin Board of Directors
Gary S. Nunnelly Board of Directors
J. Richard Belliston Board of Directors
J. Richard Belliston Board of Directors
Jason C. Yuan Board of Directors
William C. Y. Cheng Board of Directors

Organization Position Status
Preferred Bank CFO & Senior Vice President Current
Preferred Bank Finance Executive Former

Organization Position Status
Preferred Bank Cfo & Senior Vice President Current

Organization Position Status
Preferred Bank Executive Vice President & Chief Credit Officer Current

Organization Position Status
Preferred Bank Executive Vice President & Manager, Commercial Bank Group Current

Organization Position Status
Texas American Title Co. Chief Executive Officer Current
Texas American Title Co. President Current
Title Resource Group Senior Vice President, Southwest Current
Title Resources Guaranty Company Senior Vice President, Southwest Region, Title Resource Group Current
Preferred Bank Chairman of the Board Current
American Title Company, Inc. Chairman of the Board Current
Title Resources Guaranty Company Chairman of the Board Current
National Council YMCA of the USA Board of Directors Current
The University of Houston Board of Directors Current
Texas American Title Co. Owner Former
Texas American Title Co. Chairman of the Board Former
The University of Houston J.D. Former
The University of Houston B.S. Former

Organization Position Status
Idealflow Angel Fund, LLC Charter Member Current
Cooligy, Inc. Corporate Advisor Current
Paravirtual Corp Board of Directors Current
PDF Solutions Inc. Board of Directors Current
Venture Capital, LLC Board of Directors Current
Semiconductor Manufacturing International Corporation Director Current
Tallwood Venture Capital Board Advisor Current
Octavian Scientific Inc. Board of Directors Current
Advanced Inquiry Systems, Inc. Board of Directors Current
Diamondhead Ventures Advisory Board Member Current
Walden Vc Board of Directors Current
Impinj, Inc. Board of Directors Current
Cradle Technologies, Inc. Board of Directors Current
Oak Technology Board of Directors Current
Cabot Microelectronics Corporation Board of Directors Current
Preferred Bank Board of Directors Current
Aeluros, Inc. Board of Directors Current
Acorn Campus Board of Directors Current
The Architecture Group Senior Vice President Former
Intela Senior Vice President Former
Intel Corporation Senior Vice President Former
Intela General Manager Former
Intel Corporation General Manager Former
The Architecture Group General Manager Former
Stanford University Doctorate Degrees Former
Stanford University Master's Former
California Institute of Technology B.S. Former

Organization Position Status
Preferred Bank Board of Directors Current

Organization Position Status
Preferred Bank Board of Directors Current

Organization Position Status
Preferred Bank Board of Directors Current

Organization Position Status
Preferred Bank Board of Directors Current

Organization Position Status
Preferred Bank Board of Directors Current

Organization Position Status
Preferred Bank Board of Directors Current

Organization Position Status
Preferred Bank Board of Directors Current

Organization Position Status
Preferred Bank Board of Directors Current
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     PFBC $2.05 -0.05 (-2.38% )
Average Volume 26,973
Shares Outstanding 9.85M
Market Cap 20.2M
Year High 7.48
Year Low 2
Earnings Per Share -1.58
P/E Ratio -1.30
Dividend 0.40
Yield 19.51
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