BBCN Bancorp, Inc. is the parent company of BBCN Bank, the largest Korean-American bank in the nation with $5.8 billion in assets as of March 31, 2013. Headquartered in Los Angeles and serving a diverse mix of customers mirroring its communities, BBCN operates 45 branches in California, New York, New Jersey, Washington and Illinois, along with five loan production offices in Seattle, Denver, Dallas, Atlanta and Northern California. BBCN specializes in core business banking products for small- and medium-sized companies, with an emphasis in commercial real estate and business lending, SBA lending and international trade financing. BBCN Bank is a California-chartered bank and its deposits are insured by the FDIC to the extent provided by law. BBCN is an Equal Opportunity Lender.
LOS ANGELES -- (BUSINESS WIRE) -- May. 2, 2013 -- BBCN Bancorp, Inc. (NASDAQ: BBCN) today announced that Chairman and Chief Executive Officer Kevin Kim and Chief Financial Officer Douglas Goddard will be representing the Company at the D.A. Davidson 15th Annual Financial Services Conference from May 8-9, 2013 in Seattle, Washington. The Company’s presentation to institutional investors is scheduled for 9:55 a.m. Pacific Time (12:55 p.m. Eastern Time) on Wednesday, May 8, 2013.
A simultaneous w...
LOS ANGELES, April 25, 2013 (GLOBE NEWSWIRE) -- BBCN Bancorp, Inc. (the "Company") (Nasdaq:BBCN) today announced that its Board of Directors unanimously appointed Soo Bong Min, 76, as President and Chief Executive Officer and a Director of its wholly owned subsidiary, BBCN Bank (the "Bank"). The Company also announced the promotions of Chief Operating Officer Bonita I. Lee, 50, and Chief Commercial Banking Officer Kyu S. Kim, 51, to Senior Executive Vice President. All three appointments wi...
LOS ANGELES, April 23, 2013 (GLOBE NEWSWIRE) -- BBCN Bancorp, Inc. (the "Company") (Nasdaq:BBCN), announced today that the press release announcing its financial results for the quarter ended March 31, 2013 included two financial tables that had incorrect information. The corrected information is provided in the tables below:
Three Months Ended
Service fees on deposit acc...
Q1 2013 Summary:
Pacific International acquisition completed February 15, 2013, making BBCN the leading Korean-American bank in the Pacific Northwest
Total gross loans receivable increase $204 million net to $4.5 billion, or 5% linked quarter
$5.8 billion in total assets, reflecting a 4% increase linked quarter
Non-accrual loans to gross loans of 0.94% primarily reflects the addition of one large loan
$17.5 million net income, or $0.22 per diluted common share
Quarterly cash dividend of ...
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