LOS ANGELES, Jan. 11, 2012/PRNewswire/ -- Preferred BankDecember 31, 2011after the close of the market on Thursday, January 26, 2012. In conjunction with the release, management will host a conference call that afternoon at 5:00 p.m.Eastern (2:00 p.m.Pacific). The call will be simultaneously broadcast over the Internet.
Interested participants and investors may access the conference call by dialing 877-941-1465 (domestic) or 480-629-9723 (international). The passcode for the call is 4505999. There will also be a live webcast of the call available at the Investor Relations section of Preferred Bank's website at . Web participants are encouraged to go to the website at least 15 minutes prior to the start of the call to register, download and install any necessary audio software.
Preferred Bank's Chairman and CEO Li Yu, Chief Financial Officer Edward J. Czajka, Chief Credit Officer Louie Coutoand Chief Operating Officer Wellington Chen will be present to discuss Preferred Bank's financial results, business highlights and outlook. After the live webcast, a replay will remain available in the Investor Relations section of Preferred Bank's website. A replay of the call will also be available at 800-406-7325 (domestic) or 303-590-3030 (international) through February 2, 2012; the passcode is 4505999.
About Preferred Bank
Preferred Bank is one of the largest independent commercial
banks in Californiafocusing 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 Company
conducts its banking business from its main office in
Los Angeles, California, and through nine
full-service branch banking offices in
Alhambra, Century City, City of
Industry, Torrance,
Arcadia, Irvine, Diamond
Bar, Anaheimand Pico Rivera,
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 Southern
Californiaof ethnic Chinese from
Chinaand 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
Southern Californiaby offering a high degree
of personal service and responsiveness, experienced
multi-lingual staff and substantial lending limits.
For Further Information:
AT THE COMPANY:
Edward J. Czajka
Chief Financial Officer
(213) 891-1188
INVESTOR RELATIONS:
Kristen McNally
(310) 663-8007
kmcnally@finprofiles.com
SOURCE Preferred Bank
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