Preferred Bank Announces 2017 Third Quarter Earnin

LOS ANGELES, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the diversified California market, today announced plans to release its financial results for the third quarter ended September 30, 2017 after the close of the market on Tuesday, October 24, 2017.  On the following day, Wednesday, October 25, 2017, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific).  The call will be simultaneously broadcast over the Internet.

Interested participants and investors may access the conference call by dialing 844-826-3037 (domestic) or 412-317-5182 (international) and referencing “Preferred Bank.” There will also be a live webcast of the call available at the Investor Relations section of Preferred Bank's website at www.preferredbank.com . 

Preferred Bank's Chairman and CEO Li Yu, President and Chief Operating Officer Wellington Chen, Chief Financial Officer Edward J. Czajka, and Chief Credit Officer Nick Pi will discuss Preferred Bank's financial results, business highlights and outlook.  After the live webcast, a replay will be available at the Investor Relations section of Preferred Bank's website.  A replay of the call will also be available at 877-344-7529 (domestic) or 412-317-0088 (international) through November 8, 2017; the passcode is 10113085.

About Preferred Bank

Preferred Bank is an independent commercial bank headquartered in California. Preferred Bank is chartered by the State of California, and its deposits are insured by the FDIC, to the maximum extent permitted by law. Preferred Bank conducts its banking business from its main office in Los Angeles, California, through ten full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana and San Francisco) and one branch in Flushing, New York. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.  Preferred Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia.

AT THE COMPANY: Edward J. Czajka Executive Vice President Chief Financial Officer (310) 622-8225

AT FINANCIAL PROFILES: Kristen Papke General Information (213) 891-1188 kpapke@finprofiles.com