Center Financial Declares $0.08 Cash Dividend.Business Editors LOS ANGELES--(BUSINESS WIRE)--Jan. 16, 2004 Center Financial Corporation (Nasdaq:CLFC CLFC Creating Lasting Family Connections (New Hampshire) CLFC Clear Lake Fencing Club (Texas) ), the parent of Center Bank, a community bank focused on the Korean-American niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. , today announced its Board of Directors has declared a regular quarterly cash dividend of $0.08 per share. This cash dividend will be paid on or about February 11, 2004, to shareholders of record as of January 28, 2004. Center Financial will report financial results for its 2003 fourth quarter and year on or about January 23, 2004. About Center Financial Corporation Center Financial Corporation is the holding company of Center Bank, a community bank offering a full range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Founded in 1986, Center Bank specializes in commercial and SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loans and trade finance products for multi-ethnic and small business customers, and is one of the largest financial institutions in the nation focusing on the Korean-American community. The Bank operates 14 branches throughout Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, and five Loan Production Offices located in Phoenix, Seattle, Denver, Washington D.C. and Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . Further information about the Company can be found at www.centerbank.com. The statements contained in this release that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on Center Financial. Readers are cautioned not to unduly rely on forward-looking statements. Actual results may differ from those projected. These forward-looking statements involve risks and uncertainties: the impact of current events on the California economy, customers' acceptance of pricing policies, Center Financial's ability to successfully expand geographically, changes in interest rates, loan portfolio performance and other factors detailed in Center Financial's SEC filings, made from time to time. |
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