Preferred Bank (NASDAQ:PFBC) reported quarterly earnings of $2.78 per share which beat the analyst consensus estimate of $2.65 by 4.91 percent. This is a 8.17 percent increase over earnings of $2.57 per share from the same period last year. The company reported quarterly sales of $69.990 million which missed the analyst consensus estimate of $70.501 million by 0.72 percent. This is a 4.66 percent increase over sales of $66.874 million the same period last year.