Preferred Bank to Present at the D.A. Davidson 15th Annual Financial Services Conference on Thursday, May 9th

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LOS ANGELES, April 26, 2013 (GLOBE NEWSWIRE) -- Preferred Bank (Nasdaq:PFBC), an independent commercial bank focusing on the Chinese-American and diversified California mainstream market, today announced that Chairman and CEO Li Yu and Chief Financial Officer Edward J. Czajka will attend the D.A. Davidson 15th Annual Financial Services Conference to be held May 8 and 9 at the Bell Harbor Conference Center in Seattle, Washington.

The Bank is scheduled to present on Thursday, May 9, 2013 at 10:30 a.m. PDT (1:30 p.m. EDT). Management's presentation will be webcast live and archived on the Investor Relations section of Preferred Bank's website at www.preferredbank.com. For more information about the conference please visit the D.A. Davidson Conference website.

Portfolio managers and analysts who wish to request a meeting with the Company should contact their D.A. Davidson representative at (800) 755-7848.

About Preferred Bank

Preferred Bank is one of the largest independent commercial banks in California focusing on the Chinese-American market. 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 Bank 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. Preferred Bank continues to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia. While its business is not solely dependent on the Chinese-American market, it represents an important element of the Bank's operating strategy, especially for its branch network and deposit products and services. Preferred Bank believes it is well positioned to compete effectively with the smaller Chinese-American community banks, the larger commercial banks and other major banks operating in California by offering a high degree of personal service and responsiveness, experienced multi-lingual staff and substantial lending limits.

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

CONTACT: AT THE COMPANY: Edward J. Czajka Executive Vice President Chief Financial Officer (213) 891-1188 AT FINANCIAL PROFILES: Kristen McNally General Information (310) 663-8007 kmcnally@finprofiles.com

Source:Preferred Bank