Preferred Bank to Present at the Sandler O'Neill West Coast Financial Services Conference

LOS ANGELES, March 3, 2011 /PRNewswire/ -- Preferred Bank (Nasdaq: PFBC) announced today that Mr. Edward J. Czajka, Executive Vice President and Chief Financial Officer, will present a short company overview and participate in a panel discussion at the Sandler O'Neill & Partners, LP West Coast Financial Services Conference on Tuesday, March 8, 2011, at 10:10 a.m. PST.  The conference will be held at the Ritz-Carlton in Marina del Rey, California.

Attendance at the conference is by invitation only. However, a simultaneous live webcast will be available at the Investor Relations section of Preferred Bank's web site at www.preferredbank.com. Registration will be required so please allow extra time before the presentation is scheduled to begin. After the live webcast, a replay will remain available in the Investor Relations section of Preferred Bank's web site for 30 days. If you wish to listen by telephone, please call 1-877-253-8059, the passcode is 8309199648#.

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 nine full-service branch banking offices in Alhambra, Century City,  City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Anaheim and 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 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.

SOURCE Preferred Bank

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