LOS ANGELES, July 24 /PRNewswire-FirstCall/ -- Preferred Bank
(Nasdaq: PFBC), announced today that Edward J. Czajka, Chief Financial
Officer, will present at the Keefe, Bruyette & Woods Eighth Annual Community
Bank Investor Conference in New York City on Wednesday, August 1, 2007 at
11:00 a.m. EDT (8:00 a.m. PDT).
Attendance at the Conference is by invitation only. However, a
simultaneous webcast may be accessed live via the internet by going to
http://www.kbw.com/news/conferenceCommunity.html. Registration will be
required so please allow extra time before the presentation. The webcast is
available to the general public and will be archived for replay for 60 days
following the close of the conference.
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 other 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.
AT THE COMPANY:
Edward J. Czajka
Chief Financial Officer
(213) 891-1188
AT FINANCIAL RELATIONS BOARD:
Lasse Glassen
General Information
(310) 854-8313
lglassen@frbir.comSOURCE Preferred Bank
Contact: Edward J. Czajka, Chief Financial Officer of Preferred Bank, +1-213-891-1188; or Lasse Glassen of Financial Relations Board, +1-310-854- 8313, lglassen@frbir.com