Preferred Bank Announces Date Change for 2017 Fourth Quarter and Full Year Earnings Release and Conference Call

LOS ANGELES, Jan. 12, 2018 -- Preferred Bank (NASDAQ:PFBC), an independent commercial bank focusing on the diversified California market, today announced that it has moved up the date of its planned release of financial results for the fourth quarter and year ended December 31, 2017 to one day earlier.  The Bank’s press release announcing the financial results will be issued after the close of the market on Monday, January 22, 2018.  The conference call will be held the following day, Tuesday, January 23, 2018, at 2:00 p.m. Eastern (11:00 a.m. Pacific).  The conference 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 telephonic replay of the call will also be available at 877-344-7529 (domestic) or 412-317-0088 (international) through February 6, 2018; the passcode is 10115802.

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  
(213) 891-1188                                  

AT FINANCIAL PROFILES:
Kristen Papke
General Information
(310) 622-8225
[email protected]