PREFERED BANK D.A. Davidson & Co. 22nd Annual Financial Institutions Virtual Conference Forward Looking Statements During the course of this presentation, management may make statements regarding events or future financial performance of the Bank. These statements may include comments with respect to our objectives and strategies, and the results of our operations and our business. However, by their nature, these forward-looking statements involve numerous assumptions, uncertainties and opportunities, both ...

Preferred Bank (NASDAQ:PFBC) Q1 2020 Earnings Conference Call April 23, 2020 2:00 PM ET Company Participants Tony Rossi - IR Li Yu - Chairman & CEO Nick Pi - Chief Credit Officer Edward Czajka - CFO Wellington Chen - President & COO Conference Call Participants David Feaster - Raymond James Steve Moss - B. Riley FBR Gary Tenner - D.A. Davidson Tim Coffey - Janney Operator Good day and welcome to the Preferred Bank First Quarter 2020 Conference Call and Webcast. All participants will be in listen-only mode. ...

Preferred Bank (NASDAQ:PFBC) Q4 2019 Earnings Conference Call January 23, 2020 2:00 PM ET Company Participants Tony Rossi - IR Li Yu - Chairman & CEO Edward Czajka - CFO Wellington Chen - President & COO Nick Pi - Chief Credit Officer Conference Call Participants Steve Moss - B. Riley FBR Aaron Deer - Piper Sandler Gary Tenner - D.A. Davidson Tim Coffey - Janney Operator Good afternoon and welcome to the Preferred Bank Fourth Quarter 2019 Earnings Conference Call and Webcast. All participants will be in lis ...

Preferred Bank (NASDAQ:PFBC) Q3 2019 Earnings Conference Call October 16, 2019 2:00 PM ET Corporate Participants Tony Rossi - Investor Relations Li Yu - Chairman and CEO Edward Czajka - Chief Financial Officer Wellington Chen - President and Chief Operating Officer Nick Pi - Chief Credit Officer Conference Call Participants Aaron Deer - Sandler O'Neill & Partners Steve Moss - B. Riley FBR Gary Tenner - D.A. Davidson Tim Coffey - Janney Tyler Stafford - Stephens Don Worthington - Raymond James Operator Good ...

Financial Data and Key Metrics Changes - The bank earned $20 million or $1.31 per share for the quarter, showing strong performance compared to previous quarters [8] - Loan production increased over 21% for the quarter, attributed to heavy draw-downs by commercial customers and other fluctuations [8] - Deposits decreased by $43 million, primarily due to significant draw-downs in the last 10 days of June [9] - Net interest margin was reported at 4.07%, with an efficiency ratio of 31.7%, ROA at 1.89%, and ROE at 18.5% [11] Business Line Data and Key Metrics Changes - The growth in commercial and industrial (C&I) loans was driven by new loans to long-time customers and new customers in distribution and financial services [15] - Loan origination yield for the second quarter was approximately 5.9% [25] Market Data and Key Metrics Changes - The bank's deposit balance increased by about $100 million since the quarter end, indicating efforts to rebuild deposits [21] - The bank's current deposit rates are competitive compared to competitors [21] Company Strategy and Development Direction - The bank announced a $30 million capital stock buyback to manage capital more efficiently [12] - The management is focused on continuously developing deposits and maintaining a comfortable loan-to-deposit ratio [23] Management Comments on Operating Environment and Future Outlook - Management expressed uncertainty about predicting C&I loan growth in the third and fourth quarters due to the unpredictable nature of the market [18] - The bank is closely monitoring the impact of trade tariffs on its loan portfolio, with minimal exposure noted [36][38] Other Important Information - The bank implemented ASC 842 lease accounting standard, which may affect occupancy costs in the near term [42] - Legal fees were unusually low this quarter, which is not expected to continue in future quarters [43] Q&A Session Summary Question: What caused the impressive C&I growth this quarter? - The growth came from new loans made to long-time customers and new customers, with some draw-downs being temporary due to emergency needs [15][16] Question: What is the loan origination yield for the second quarter? - The average loan origination yield was about 5.9% [25] Question: How do you see the NIM trending throughout the year? - Rate cuts will reduce revenues, but the bank expects to benefit from lower costs as TCVs mature and are re-priced [30] Question: Are there any sectors the bank is becoming more cautious about? - The bank is reviewing its loan portfolio, especially in relation to trade tariffs, but has minimal exposure to affected loans [36][38]

Preferred Bank (NASDAQ:PFBC) Q1 2019 Results Conference Call April 18, 2019 2:00 PM ET Company Participants Tony Rossi - Financial Profiles Li Yu - Chairman and CEO Wellington Chen - President and Chief Operating Officer Edward Czajka - Chief Financial Officer Nick Pi - Chief Credit Officer Conference Call Participants Tyler Stafford - Stephens Steve Moss - B. Riley FBR Aaron Deer - Sandler O'Neill Gary Tenner - D.A. Davidson Tim Coffey - FIG Partners Don Worthington - Raymond James Operator Hello, and welc ...

Preferred Bank (NASDAQ:PFBC) Q4 2018 Earnings Conference Call January 18, 2019 2:00 PM ET Company Participants Tony Rossi - Financial Profiles Li Yu - Chairman, CEO & Corporate Secretary Edward Czajka - EVP & CFO Nick Pipeline - EVP & Chief Credit Officer Wellington Chen - President & COO Conference Call Participants Aaron Deer - Sandler O'Neill + Partners Stephen Moss - B. Riley FBR, Inc. Timothy Coffey - FIG Partners Donald Worthington - Raymond James & Associates Operator Good day, and welcome to the Pre ...