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Preferred Bank Announces 2014 Second Quarter Earnings Release and Conference Call

LOS ANGELES, July 8, 2014 (GLOBE NEWSWIRE) -- Preferred Bank (Nasdaq:PFBC) today announced plans to release its financial results for the second quarter ended June 30, 2014 after the close of the market on Wednesday, July 23, 2014. On the following day, Thursday, July 24, 2014, 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 800-344-6698 (domestic) or 785-830-7979 (international). The passcode for the call is 9557103. 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 Louie Couto will be present to 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 888-203-1112 (domestic) or 719-457-0820 (international) through July 31, 2014; the passcode is 9557103.

About Preferred Bank

Preferred Bank is one of the larger independent commercial banks in California. The bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. The Company conducts its banking business from its main office in Los Angeles, California, and through ten full-service branch banking offices in Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Anaheim, Pico Rivera and San Francisco, California. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers. The 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.

The Preferred Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11817

CONTACT: AT THE COMPANY: Edward J. Czajka Chief Financial Officer (213) 891-1188 INVESTOR RELATIONS: Kristen Papke (310) 622-8225 kpapke@finprofiles.com

Source:Preferred Bank