LOS ANGELES, July 26 /PRNewswire-FirstCall/ -- Preferred Bank (Nasdaq: PFBC), announced today that it will present at the Keefe, Bruyette & Woods 2006 Honor Roll and Seventh Annual Community Bank Investor Conference being held July 31-August 2, 2006 at The Waldorf Astoria in New York. Chairman and CEO Li Yu and Chief Financial Officer Edward Czajka will be presenting at 1:30 p.m. Pacific on Tuesday, August 1, 2006.

Interested parties may tune in to the live event by visiting the Keefe, Bruyette & Woods web site at www.kbw.com/news/conference_investor.html. An archived webcast will be available at the site for 60 days after the event, beginning August 1, 2006.

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 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, Chino Hills, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Santa Monica and Valencia, 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 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 Southern California by offering a high degree of personal service and responsiveness, experienced multi-lingual staff and substantial lending limits.

    For Further Information:

    AT THE COMPANY:              AT FINANCIAL RELATIONS BOARD:
    Edward J. Czajka             Lasse Glassen
    Chief Financial Officer      General Information
    (213) 891-1188               (310) 854-8313
                                 lglassen@frbir.com

SOURCE  Preferred Bank