Preferred Bank (NASDAQ:PFBC) reported quarterly earnings of $2.79 per share which beat the analyst consensus estimate of $2.74 by 1.82 percent. This is a 24 percent increase over earnings of $2.25 per share from the same period last year. The company reported quarterly sales of $69.975 million which missed the analyst consensus estimate of $70.342 million by 0.52 percent. This is a 1.16 percent increase over sales of $69.173 million the same period last year.