PFBC Preferred Bank

LOS ANGELES, Nov. 7 /PRNewswire-FirstCall/ -- Preferred Bank (NASDAQ:PFBC), announced today that Edward J. Czajka, Chief Financial Officer and Walt Duchanin, Chief Credit Officer, will make a presentation on Tuesday, November 14, 2006 at 9:50 a.m. Eastern Time at the Third Annual Howe Barnes Hoefer & Arnett Asian Banking Conference to be held in New York City. Attendance at the Conference is by invitation only. Howe Barnes Hoefer & Arnett will offer a live audio webcast over the internet which may be accessed at http://www.howebarnes.com/. An archive of the presentation will be available shortly after the conclusion of the presentation for 14 days after the end 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: AT FINANCIAL RELATIONS BOARD: Edward J. Czajka Lasse Glassen Chief Financial Officer General Information (213) 891-1188 (310) 854-8313 DATASOURCE: Preferred Bank CONTACT: Edward J. Czajka, Chief Financial Officer of Preferred Bank, +1-213-891-1188; or General Information, Lasse Glassen of Financial Relations Board, +1-310-854-8313, , for Preferred Bank

Copyright