Preferred Bank(PFBC) - 2024 Q2 - Earnings Call Transcript

Thank you. Gary Tenner Is this better now? Edward Czajka Yes. Right. Interest bearing demand deposits seem to increase pretty meaningfully during the quarter. Just curious if that growth is from existing clients or new account growth, or whether that was migration. I'm just kind of curious what rates are there relative to the portfolio. Edward Czajka That's a combination of both. We do see, obviously, people moving from noninterest-bearing to interest-bearing due to the rate environment, although that -- as ...