Preferred Bank (PFBC) is a public company. Founded in 1991, Preferred Bank (NASDAQ: PFBC) is one of the larger independent commercial banks headquartered in California with over $6.0 billion in total assets. We have locations serving Southern California, the San Francisco Bay Area, New York, and Houston, Texas.* We offer a full array of banking products and services with a concentration on commercial real estate loans, business loans, treasury management, and premier consumer banking services. The Bank consistently places high in industry reviews for its outstanding financial performance and exceptional relationship banking services. Preferred Bank has been an integral part of the prosperity of the community and the success of our clients. We take great pride in our work and look forward to working with you to provide customized banking solutions to help you achieve your financial goals. Preferred Bank was ranked as the best performing community bank in the U.S. in our asset size in 2019 and the best performing community bank in California in our asset size in 2020 as noted by S&P Global Market Intelligence. *Houston, TX is a Loan Production Office. Founded in 1991. It has 268 employees. Annual revenue is $281.3M. IPO 2000.

Transcript

Operator

Please note that this event is being recorded. I would now like to turn the conference over to Jeff Haas of Financial Profiles. Please go ahead, sir.

Jeff Haas — Director

Thank you, Cole. Hello, everyone, thank you for joining us to discuss Preferred Bank's financial results for the second quarter ended June 30th, 2026. With me today from management are Chairman and CEO Li Yu, President and Chief Operating Officer Wellington Chen, Chief Financial Officer Edward Czajka, Chief Risk Officer Nick Pi, and Deputy Chief Operating Officer Johnny Hsu. Management will provide a brief summary of the results, then we will open up the call to your questions. During the course of this conference call, statements made by management may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon specific assumptions that may or may not prove correct. Forward-looking statements are also subject to known and unknown risks, uncertainties, and other factors relating to Preferred Bank's operations and business environment, all of which are difficult to predict and many of