Preferred Bank reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net interest income of $28,064,000 compared to $22,318,000 a year ago. Net interest income after provision for loan losses was $26,164,000 compared to $22,018,000 a year ago. Income before provision for income taxes was $16,227,000 compared to $13,081,000 a year ago. Net income was $10,061,000 compared to $7,563,000 a year ago. Diluted income per share available to common shareholders was $0.71 compared to $0.54 a year ago. Return on average assets was 1.28% compared to 1.28% a year ago. Return on beginning equity was 13.74% compared to 11.67% a year ago. For the full year, the company reported net interest income of $104,179,000 compared to $83,846,000 a year ago. Net interest income after provision for loan losses was $97,779,000 compared to $82,046,000 a year ago. Income before provision for income taxes was $59,700,000 compared to $50,228,000 a year ago. Net income was $36,369,000 compared to $29,743,000 a year ago. Diluted income per share available to common shareholders was $2.56 compared to $2.14 a year ago. Return on average assets was 1.27% compared to 1.35% a year ago. Return on beginning equity was 13.77% compared to 12.66% a year ago.