Brief: Preferred Bank Disposes New York Oreo Properties

Preferred Bank

29/03/2019 20:33

March 29 (Reuters) - Preferred Bank  PFBC.O :
    * PREFERRED BANK DISPOSES NEW YORK OREO PROPERTIES
    * PREFERRED BANK - SOLD TWO PROPERTIES, WITH A BOOK VALUE OF
$36.9
MILLION IN ONE SALE TO ONE BUYER
    * PREFERRED BANK - WILL RECORD A LOSS ON SALE OF
APPROXIMATELY
$1.4 MILLION

Source text for Eikon:  ID:nGNXb7bHjv 
Further company coverage:  PFBC.O 

 ((Reuters.Briefs@thomsonreuters.com;))