401k Plan data: PREFERRED BANK 401(K) PROFIT SHARING PLAN plan

PREFERRED BANK 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	PREFERRED BANK 401(K) PROFIT SHARING PLAN
Plan identification number	001

PREFERRED BANK 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PREFERRED BANK has sponsored the creation of one or more 401k plans.

Company Name: PREFERRED BANK

Employer identification number (EIN): 954340199

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about PREFERRED BANK

Jurisdiction of Incorporation: California Department of State

Incorporation Date:

Company Identification Number: C1801120

More information about PREFERRED BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREFERRED BANK 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2018-01-01
001 2018-01-01
001 2017-01-01 EDWARD CZAJKA
001 2017-01-01 EDWARD CZAJKA
001 2016-01-01 EDWARD CZAJKA EDWARD CZAJKA 2017-10-16
001 2016-01-01
001 2015-01-01 EDWARD CZAJKA EDWARD CZAJKA 2016-10-12
001 2014-01-01 KAREN CANGEY KAREN CANGEY 2016-09-02
001 2014-01-01 EDWARD CZAJKA EDWARD CZAJKA 2015-10-15
001 2013-01-01 EDWARD CZAJKA EDWARD CZAJKA 2014-10-15
001 2012-01-01 EDWARD CZAJKA EDWARD CZAJKA 2013-10-15
001 2011-01-01 KAREN CANGEY KAREN CANGEY 2012-11-27
001 2009-01-01 FRANK YEN

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2018-01-01
001	2018-01-01
001	2017-01-01	EDWARD CZAJKA
001	2017-01-01	EDWARD CZAJKA
001	2016-01-01	EDWARD CZAJKA	EDWARD CZAJKA	2017-10-16
001	2016-01-01
001	2015-01-01	EDWARD CZAJKA	EDWARD CZAJKA	2016-10-12
001	2014-01-01	KAREN CANGEY	KAREN CANGEY	2016-09-02
001	2014-01-01	EDWARD CZAJKA	EDWARD CZAJKA	2015-10-15
001	2013-01-01	EDWARD CZAJKA	EDWARD CZAJKA	2014-10-15
001	2012-01-01	EDWARD CZAJKA	EDWARD CZAJKA	2013-10-15
001	2011-01-01	KAREN CANGEY	KAREN CANGEY	2012-11-27
001	2009-01-01	FRANK YEN

Plan Statistics for PREFERRED BANK 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for PREFERRED BANK 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 309
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 253
Number of retired or separated participants receiving benefits 2022-01-01 2
Number of other retired or separated participants entitled to future benefits 2022-01-01 63
Total of all active and inactive participants 2022-01-01 318
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 318
Number of participants with account balances 2022-01-01 283
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 14
2021: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 313
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 242
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 53
Total of all active and inactive participants 2021-01-01 296
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 296
Number of participants with account balances 2021-01-01 259
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 16
2020: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 303
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 258
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 52
Total of all active and inactive participants 2020-01-01 311
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 311
Number of participants with account balances 2020-01-01 264
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 12
2019: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 281
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 250
Number of retired or separated participants receiving benefits 2019-01-01 2
Number of other retired or separated participants entitled to future benefits 2019-01-01 41
Total of all active and inactive participants 2019-01-01 293
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 293
Number of participants with account balances 2019-01-01 250
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 12
2018: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 261
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 226
Number of retired or separated participants receiving benefits 2018-01-01 1
Number of other retired or separated participants entitled to future benefits 2018-01-01 39
Total of all active and inactive participants 2018-01-01 266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 266
Number of participants with account balances 2018-01-01 230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 8
2017: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 255
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 215
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 35
Total of all active and inactive participants 2017-01-01 251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 251
Number of participants with account balances 2017-01-01 216
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 12
2016: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 255
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 221
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 21
Total of all active and inactive participants 2016-01-01 242
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 242
Number of participants with account balances 2016-01-01 192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 5
2015: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 177
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 221
Number of retired or separated participants receiving benefits 2015-01-01 3
Number of other retired or separated participants entitled to future benefits 2015-01-01 31
Total of all active and inactive participants 2015-01-01 255
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 255
Number of participants with account balances 2015-01-01 184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 4
2014: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 156
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 139
Number of other retired or separated participants entitled to future benefits 2014-01-01 31
Total of all active and inactive participants 2014-01-01 170
Total participants 2014-01-01 170
Number of participants with account balances 2014-01-01 139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 4
2013: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 155
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 125
Number of other retired or separated participants entitled to future benefits 2013-01-01 22
Total of all active and inactive participants 2013-01-01 147
Total participants 2013-01-01 147
Number of participants with account balances 2013-01-01 127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 9
2012: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 115
Number of other retired or separated participants entitled to future benefits 2012-01-01 32
Total of all active and inactive participants 2012-01-01 147
Total participants 2012-01-01 147
Number of participants with account balances 2012-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 7
2011: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 151
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 107
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 25
Total of all active and inactive participants 2011-01-01 132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 132
Number of participants with account balances 2011-01-01 119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 4
2009: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 124
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 28
Total of all active and inactive participants 2009-01-01 152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 152
Number of participants with account balances 2009-01-01 128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2022: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	309
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	253
Number of retired or separated participants receiving benefits	2022-01-01	2
Number of other retired or separated participants entitled to future benefits	2022-01-01	63
Total of all active and inactive participants	2022-01-01	318
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	318
Number of participants with account balances	2022-01-01	283
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	14
2021: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	313
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	242
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	53
Total of all active and inactive participants	2021-01-01	296
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	296
Number of participants with account balances	2021-01-01	259
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	16
2020: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	303
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	258
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	52
Total of all active and inactive participants	2020-01-01	311
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	311
Number of participants with account balances	2020-01-01	264
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	12
2019: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	281
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	250
Number of retired or separated participants receiving benefits	2019-01-01	2
Number of other retired or separated participants entitled to future benefits	2019-01-01	41
Total of all active and inactive participants	2019-01-01	293
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	293
Number of participants with account balances	2019-01-01	250
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	12
2018: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	261
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	226
Number of retired or separated participants receiving benefits	2018-01-01	1
Number of other retired or separated participants entitled to future benefits	2018-01-01	39
Total of all active and inactive participants	2018-01-01	266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	266
Number of participants with account balances	2018-01-01	230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	8
2017: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	255
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	215
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	35
Total of all active and inactive participants	2017-01-01	251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	251
Number of participants with account balances	2017-01-01	216
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	12
2016: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	255
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	221
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	21
Total of all active and inactive participants	2016-01-01	242
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	242
Number of participants with account balances	2016-01-01	192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	5
2015: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	177
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	221
Number of retired or separated participants receiving benefits	2015-01-01	3
Number of other retired or separated participants entitled to future benefits	2015-01-01	31
Total of all active and inactive participants	2015-01-01	255
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	255
Number of participants with account balances	2015-01-01	184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	4
2014: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	156
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	139
Number of other retired or separated participants entitled to future benefits	2014-01-01	31
Total of all active and inactive participants	2014-01-01	170
Total participants	2014-01-01	170
Number of participants with account balances	2014-01-01	139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	4
2013: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	155
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	125
Number of other retired or separated participants entitled to future benefits	2013-01-01	22
Total of all active and inactive participants	2013-01-01	147
Total participants	2013-01-01	147
Number of participants with account balances	2013-01-01	127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	9
2012: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	115
Number of other retired or separated participants entitled to future benefits	2012-01-01	32
Total of all active and inactive participants	2012-01-01	147
Total participants	2012-01-01	147
Number of participants with account balances	2012-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	7
2011: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	151
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	107
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	25
Total of all active and inactive participants	2011-01-01	132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	132
Number of participants with account balances	2011-01-01	119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	4
2009: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	124
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	28
Total of all active and inactive participants	2009-01-01	152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	152
Number of participants with account balances	2009-01-01	128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on PREFERRED BANK 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-4,872,165
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$970,828
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$965,689
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,130,388
Value of total assets at end of year	2022-12-31	$42,049,034
Value of total assets at beginning of year	2022-12-31	$47,892,027
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$5,139
Total interest from all sources	2022-12-31	$12,541
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$1,409,491
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$1,409,491
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$2,546,122
Participant contributions at end of year	2022-12-31	$167,634
Participant contributions at beginning of year	2022-12-31	$257,851
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-5,842,993
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$42,049,034
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$47,892,027
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$41,881,400
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$47,634,176
Interest on participant loans	2022-12-31	$12,541
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-9,424,585
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$584,266
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$965,689
Contract administrator fees	2022-12-31	$5,139
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2022-12-31	943211753
2021 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$8,436,410
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,995,321
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,990,108
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$3,153,783
Value of total assets at end of year	2021-12-31	$47,892,027
Value of total assets at beginning of year	2021-12-31	$41,450,938
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$5,213
Total interest from all sources	2021-12-31	$16,489
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$3,912,763
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$3,912,763
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$2,388,160
Participant contributions at end of year	2021-12-31	$257,851
Participant contributions at beginning of year	2021-12-31	$267,460
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$251,011
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$6,441,089
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$47,892,027
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$41,450,938
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$47,634,176
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$41,183,478
Interest on participant loans	2021-12-31	$16,489
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,353,375
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$514,612
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,990,108
Contract administrator fees	2021-12-31	$5,213
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2021-12-31	943211753
2020 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$9,478,716
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$648,358
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$643,684
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,701,036
Value of total assets at end of year	2020-12-31	$41,450,938
Value of total assets at beginning of year	2020-12-31	$32,620,580
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$4,674
Total interest from all sources	2020-12-31	$13,814
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$1,680,631
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$1,680,631
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$2,202,098
Participant contributions at end of year	2020-12-31	$267,460
Participant contributions at beginning of year	2020-12-31	$256,803
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$898
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$8,830,358
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$41,450,938
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$32,620,580
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$41,183,478
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$32,363,777
Interest on participant loans	2020-12-31	$13,814
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$5,083,235
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$498,040
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$643,684
Contract administrator fees	2020-12-31	$4,674
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2020-12-31	943211753
2019 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$8,987,110
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$821,626
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$816,492
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$3,023,260
Value of total assets at end of year	2019-12-31	$32,620,580
Value of total assets at beginning of year	2019-12-31	$24,455,096
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$5,134
Total interest from all sources	2019-12-31	$16,381
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$1,381,837
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$1,381,837
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$2,130,981
Participant contributions at end of year	2019-12-31	$256,803
Participant contributions at beginning of year	2019-12-31	$261,130
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$401,442
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$8,165,484
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$32,620,580
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$24,455,096
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$32,363,777
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$24,193,966
Interest on participant loans	2019-12-31	$16,381
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$4,565,632
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$490,837
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$816,492
Contract administrator fees	2019-12-31	$5,134
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2019-12-31	943211753
2018 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$1,404,169
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$457,923
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$453,271
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$2,703,844
Value of total assets at end of year	2018-12-31	$24,455,096
Value of total assets at beginning of year	2018-12-31	$23,508,850
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$4,652
Total interest from all sources	2018-12-31	$13,506
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$1,442,879
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$1,442,879
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,924,630
Participant contributions at end of year	2018-12-31	$261,130
Participant contributions at beginning of year	2018-12-31	$244,828
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$326,176
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$946,246
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$24,455,096
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$23,508,850
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$24,193,966
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$23,264,022
Interest on participant loans	2018-12-31	$13,506
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-2,756,060
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$453,038
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$453,271
Contract administrator fees	2018-12-31	$4,652
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2018-12-31	943211753
2017 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$5,822,271
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$320,286
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$315,818
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$2,352,985
Value of total assets at end of year	2017-12-31	$23,508,850
Value of total assets at beginning of year	2017-12-31	$18,006,865
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$4,468
Total interest from all sources	2017-12-31	$12,499
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$867,157
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$867,157
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$1,715,528
Participant contributions at end of year	2017-12-31	$244,828
Participant contributions at beginning of year	2017-12-31	$238,657
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$245,846
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$5,501,985
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$23,508,850
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$18,006,865
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$23,264,022
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$17,768,208
Interest on participant loans	2017-12-31	$12,499
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$2,589,630
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$391,611
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$315,818
Contract administrator fees	2017-12-31	$4,468
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2017-12-31	943211753
2016 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$4,863,059
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$203,481
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$197,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$3,743,496
Value of total assets at end of year	2016-12-31	$18,006,865
Value of total assets at beginning of year	2016-12-31	$13,347,287
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$6,316
Total interest from all sources	2016-12-31	$14,100
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$542,434
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$542,434
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$1,443,380
Participant contributions at end of year	2016-12-31	$238,657
Participant contributions at beginning of year	2016-12-31	$285,072
Participant contributions at beginning of year	2016-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$1,950,070
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$4,659,578
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$18,006,865
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$13,347,287
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$17,768,208
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$13,062,215
Interest on participant loans	2016-12-31	$14,100
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$563,029
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$350,046
Employer contributions (assets) at beginning of year	2016-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$197,165
Contract administrator fees	2016-12-31	$6,316
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2016-12-31	943211753
2015 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources (including contributions)	2015-12-31	$1,503,119
Total of all expenses incurred	2015-12-31	$589,894
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$585,479
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,393,047
Value of total assets at end of year	2015-12-31	$13,347,287
Value of total assets at beginning of year	2015-12-31	$12,434,062
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$4,415
Total interest from all sources	2015-12-31	$39,681
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$594,864
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$594,864
Administrative expenses professional fees incurred	2015-12-31	$4,415
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$1,128,928
Participant contributions at end of year	2015-12-31	$285,072
Participant contributions at beginning of year	2015-12-31	$220,565
Participant contributions at end of year	2015-12-31	$0
Participant contributions at beginning of year	2015-12-31	$43,981
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$1,389
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$913,225
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$13,347,287
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$12,434,062
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$13,062,215
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$12,158,593
Interest on participant loans	2015-12-31	$39,681
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-524,473
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$262,730
Employer contributions (assets) at end of year	2015-12-31	$0
Employer contributions (assets) at beginning of year	2015-12-31	$10,923
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$585,479
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2015-12-31	943211753
2014 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$2,006,640
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$418,800
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$414,703
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$1,208,337
Value of total assets at end of year	2014-12-31	$12,434,062
Value of total assets at beginning of year	2014-12-31	$10,846,222
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$4,097
Total interest from all sources	2014-12-31	$7,286
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$683,873
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$683,873
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$1,015,600
Participant contributions at end of year	2014-12-31	$220,565
Participant contributions at beginning of year	2014-12-31	$117,723
Participant contributions at end of year	2014-12-31	$43,981
Total non interest bearing cash at beginning of year	2014-12-31	$10,900
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$1,587,840
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$12,434,062
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$10,846,222
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$12,158,593
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$10,717,599
Interest on participant loans	2014-12-31	$7,286
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$107,144
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$192,737
Employer contributions (assets) at end of year	2014-12-31	$10,923
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$414,703
Contract administrator fees	2014-12-31	$4,097
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Qualified
Accountancy firm name	2014-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2014-12-31	943211753
2013 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$8,086
Total income from all sources (including contributions)	2013-12-31	$2,849,932
Total of all expenses incurred	2013-12-31	$1,077,335
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,072,918
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,024,652
Value of total assets at end of year	2013-12-31	$10,846,222
Value of total assets at beginning of year	2013-12-31	$9,081,711
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$4,417
Total interest from all sources	2013-12-31	$5,811
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$369,818
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$369,818
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$6,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$812,588
Participant contributions at end of year	2013-12-31	$117,723
Participant contributions at beginning of year	2013-12-31	$124,268
Participant contributions at beginning of year	2013-12-31	$6,515
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$1,315
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$1,416
Other income not declared elsewhere	2013-12-31	$24
Administrative expenses (other) incurred	2013-12-31	$29
Total non interest bearing cash at end of year	2013-12-31	$10,900
Total non interest bearing cash at beginning of year	2013-12-31	$46,039
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,772,597
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$10,846,222
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$9,073,625
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$10,717,599
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$8,904,729
Interest on participant loans	2013-12-31	$5,811
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$1,449,627
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$210,749
Employer contributions (assets) at beginning of year	2013-12-31	$160
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,072,918
Contract administrator fees	2013-12-31	$4,388
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$6,670
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2013-12-31	943211753
2012 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$8,086
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$3,498
Total income from all sources (including contributions)	2012-12-31	$1,899,004
Total of all expenses incurred	2012-12-31	$410,515
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$406,585
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$976,849
Value of total assets at end of year	2012-12-31	$9,081,711
Value of total assets at beginning of year	2012-12-31	$7,588,634
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$3,930
Total interest from all sources	2012-12-31	$4,607
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$160,107
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$160,107
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$6,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$777,086
Participant contributions at end of year	2012-12-31	$124,268
Participant contributions at beginning of year	2012-12-31	$80,475
Participant contributions at end of year	2012-12-31	$6,515
Participant contributions at beginning of year	2012-12-31	$31,645
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$1,270
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$1,416
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$3,498
Other income not declared elsewhere	2012-12-31	$2,697
Administrative expenses (other) incurred	2012-12-31	$10
Total non interest bearing cash at end of year	2012-12-31	$46,039
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$1,488,489
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$9,073,625
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$7,585,136
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$8,904,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$7,469,124
Interest on participant loans	2012-12-31	$4,607
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$754,744
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$198,493
Employer contributions (assets) at end of year	2012-12-31	$160
Employer contributions (assets) at beginning of year	2012-12-31	$7,390
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$406,585
Contract administrator fees	2012-12-31	$3,920
Liabilities. Value of benefit claims payable at end of year	2012-12-31	$6,670
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	AUDIT AND TAX SOLUTIONS, CPAS, INC.
Accountancy firm EIN	2012-12-31	943211753
2011 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$3,498
Total income from all sources (including contributions)	2011-12-31	$694,735
Total of all expenses incurred	2011-12-31	$1,217,643
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,208,413
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$855,340
Value of total assets at end of year	2011-12-31	$7,588,634
Value of total assets at beginning of year	2011-12-31	$8,108,044
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$9,230
Total interest from all sources	2011-12-31	$3,516
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$92,881
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$92,881
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$681,402
Participant contributions at end of year	2011-12-31	$80,475
Participant contributions at beginning of year	2011-12-31	$129,709
Participant contributions at end of year	2011-12-31	$31,645
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$46,177
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$3,498
Total non interest bearing cash at beginning of year	2011-12-31	$31,836
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-522,908
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$7,585,136
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$8,108,044
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$7,469,124
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$7,841,422
Interest on participant loans	2011-12-31	$2,806
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$710
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$105,077
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$115,264
Net investment gain/loss from pooled separate accounts	2011-12-31	$-372,266
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$127,761
Employer contributions (assets) at end of year	2011-12-31	$7,390
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,208,413
Contract administrator fees	2011-12-31	$9,230
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	Yes
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2011-12-31	350921680
2010 : PREFERRED BANK 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources (including contributions)	2010-12-31	$1,925,949
Total of all expenses incurred	2010-12-31	$406,536
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$349,938
Expenses. Certain deemed distributions of participant loans	2010-12-31	$48,837
Value of total corrective distributions	2010-12-31	$195
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$992,209
Value of total assets at end of year	2010-12-31	$8,108,044
Value of total assets at beginning of year	2010-12-31	$6,588,631
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$7,566
Total interest from all sources	2010-12-31	$8,470
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$715,070
Participant contributions at end of year	2010-12-31	$129,709
Participant contributions at beginning of year	2010-12-31	$74,614
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$103,160
Administrative expenses (other) incurred	2010-12-31	$103
Total non interest bearing cash at end of year	2010-12-31	$31,836
Total non interest bearing cash at beginning of year	2010-12-31	$25,101
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$1,519,413
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$8,108,044
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$6,588,631
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$7,841,422
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$6,403,384
Interest on participant loans	2010-12-31	$6,067
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$2,403
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$105,077
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$85,532
Net investment gain/loss from pooled separate accounts	2010-12-31	$925,270
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$173,979
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$349,938
Contract administrator fees	2010-12-31	$7,463
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2010-12-31	350921680

Form 5500 Responses for PREFERRED BANK 401(K) PROFIT SHARING PLAN

2022: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	Yes
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	Yes
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PREFERRED BANK 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

Policy instance

Number of Individuals Covered	88782
Insurance policy start date	2011-01-01
Insurance policy end date	2011-11-28
Total amount of commissions paid to insurance broker	USD $7,106
Total amount of fees paid to insurance company	USD $1,499

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

Policy instance

Number of Individuals Covered	125
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $7,052
Total amount of fees paid to insurance company	USD $128
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $7,052
Insurance broker organization code?	5
Amount paid for insurance broker fees	25
Additional information about fees paid to insurance broker	TPA JH IRA R/O PAYMENT
Insurance broker name	VANGUARD GROUP

Potentially related plans

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Company Name:	PREFERRED BANK
Employer identification number (EIN):	954340199
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	California Department of State
Incorporation Date:
Company Identification Number:	C1801120