L.A. County-based banks: ranked by assets as of June 30, 2004.EXECUTIVE SUMMARY The number of banks headquartered in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County continues to dwindle dwin·dle v. dwin·dled, dwin·dling, dwin·dles v.intr. To become gradually less until little remains. v.tr. To cause to dwindle. See Synonyms at decrease. , with three mergers for the year ended June June: see month. 30 reducing the total to 70, from 100 in 1999. While some have been gobbled up by outside institutions, intracounty consolidation has had an impact as well. Two of the banks on last year's list were acquired by other local institutions, contributing to an overall increase in the asset base of the Top 25. Assets at the 25 largest banks totaled just over $58 billion as of June 30, a 21.9 percent increase over the previous year. Only three banks reported decreases in total assets, and those declines were nominal Trifling, token, or slight; not real or substantial; in name only. Nominal capital, for example, refers to extremely small or negligible funds, the use of which in a particular business is incidental. NOMINAL. Relating to a name. . Cathay Bank Cathay Bank (Chinese: 國泰銀行) is a Chinese-American bank based in Los Angeles, California. Founded in 1962, it has since expanded its network throughout California and into Massachusetts, New York, Texas, Washington, Illinois, and New Jersey (pending the moved to No. 2 from No. 4 following the completion of its merger with General Bank in October October: see month. 2003. Cathay's assets nearly doubled to $5.8 billion with this acquisition. Hanmi Bank, which predominantly pre·dom·i·nant adj. 1. Having greatest ascendancy, importance, influence, authority, or force. See Synonyms at dominant. 2. serves the Korean-American community, moved to No. 5 from No. 11 as it increased its asset base by 87 percent following its acquisition of Pacific Union Bank in April. THE PACESETTER CITY NATIONAL BANK WITH $13.3 billion in assets as of June 30, City National Corp., the holding company of City National Bank, tops the list of largest Los Angeles County-based banks for the third consecutive year. The 50-year old bank, based in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , saw a 9.7 percent increase in assets over the year-earlier period. It also increased deposits by $1.3 billion, a 12.7 percent gain. Net income for the first six months of the year was $102.2 million, $12.1 million greater than the like period last year. City National Bank, originally founded to serve the entertainment and real estate industries, has become the second-largest bank in the state, largely through internal growth and the acquisition of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). banks by outside institutions, The bank is in the process of relocating its downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or operations to 12 floors in the south tower of what was once known as Arco Plaza For the hotel in New York City, see . Plaza (IPA /'plaθa/ or /'plasa/ . The renamed City National Tower will house more than 20 departments, including product management, cash management, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , marketing, community reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. and wealth management functions. "Bringing 800 colleagues to help renew a landmark A structure that has significant historical, architectural, or cultural meaning and that has been given legal protection from alteration and destruction. Although landmark preservation laws vary by city and state, they have the same basic purpose: to keep landmarks as close in downtown Los Angeles brings talent and resources to the city" said Chairman and Chief Executive Russell Russell, English noble family. It first appeared prominently in the reign of Henry VIII when John Russell, 1st earl of Bedford, 1486?–1555, rose to military and diplomatic importance. Goldsmith.
In millions
Rank Bank (year established) Assets
(Ranking in 2003) * as of June 30, 2004
* name * as of June 30, 2003
* address * % increase (decrease)
1 City National Bank (1953) (1) $13,270.5
400 N. Roxbury Drive $12,143.4
Beverly Hills 90210 9.3%
2 Cathay Bank (1962) (4) 5,762.4
777 N. Broadway 3,009.6
Los Angeles 90012 91.5
3 California National Bank 5,181.6
(1998) (2) 5,253.1
221 S. Figueroa St., Suite 100 -1.4
Los Angeles 90012
4 East-West Bank (1972) (3) 4,896.8
415 Huntington Drive 3,596.2
San Marino 91108 36.2
5 Hanmi Bank (1982) (11) 3,085.8
3660 Wilshire Blvd., Suite A 1,648.2
Los Angeles 90010 87.2
6 Farmers and Merchants Bank of 2,912.2
Long Beach (1907) (5) 2,646.7
302 Pine Ave. 10
Long Beach 90802
7 Mellon 1st Business Bank 2,697.6
(1981) (6) 2,461.5
601 W. Fifth St. 9.6
Los Angeles 90071
8 California Commerce Bank 1,902.8
(1963) (8) 2,206.2
2029 Century Park East, -13.8
Suite 4200
Century City 90067
9 Chinatrust Bank (U.S.A.) 1,863.8
(1965) (9) 1,750.7
22939 Hawthorne Blvd. 6.5
Torrance 90505
10 Community Bank (1983) (12) 1,782.7
790 E. Colorado Blvd. 1,478.3
Pasadena 91101 20.6
11 Far East National Bank 1,684.1
(1974) (10) 1,708.6
350 S. Grand Ave. -1.4
Los Angeles 90071
12 Manufacturers Bank (1962) (13) 1,641.7
515 S. Figueroa St. 1,195.7
Los Angeles 90071 37.3
13 Pacific Western National 1,529.8
Bank (1982) (15) 1,049.6
120 Wilshire Blvd. Santa 45.7
Monica 90401
14 Nara Bank (1989) (14) 1,395.2
3701 Wilshire Blvd., Suite 220 1,066.6
Los Angeles 90010 30.8
15 Wilshire State Bank (1980) (18) 1,202.5
3200 Wilshire Blvd. 809.6
Los Angeles 90010 48.5
16 Center Bank (1986) (17) $1,186
3435 Wilshire Blvd., Suite 700 $891.9
Los Angeles 90010 33%
17 First Regional Bank (1979) (23) 978.6
1801 Century Park East 576.4
Los Angeles 90067 69.8
18 J.P.Morgan Trust Co.(1997) 955
1999 Avenue of the Stars, 26th 367.2
Floor Los Angeles 90067 160.1
19 United National Bank 891.8
(1983) (19) 805.8
2090 Huntington Drive 10.7
San Marino 91108
20 Preferred Bank (1991) (20) 849.1
601 S. Figueroa St., Suite 2125 785.4
Los Angeles 90017 8.1
21 Foothill Independent Bank 743.7
(1973)(21) 648.7
510 S. Grande Ave. 14.6
Glendora 91740
22 Mizuho Corporate Bank of 433.3
California (1974)(24) 405.2
555 W. Fifth St. 6.9
Los Angeles 90013
23 Cedars Bank (1987) (25) 420.8
444 S. Flower St. 404.7
Los Angeles 90071 4
24 American Business Bank (1998) 392.8
523 W. Sixth St., Suite 900 348
Los Angeles 90014 12.9
25 First Credit Bank (1983) 367.6
9255 Sunset Blvd. 344.4
Los Angeles 90069 6.7
In millions
Bank (year established) Deposits
(Ranking in 2003) * as of June 30, 2004
* name * as of June 30, 2003
* address * % increase (decrease)
City National Bank (1953) (1) $11,506.6
400 N. Roxbury Drive $10,208.7
Beverly Hills 90210 12.7%
Cathay Bank (1962) (4) 4,517.1
777 N. Broadway 2,468.9
Los Angeles 90012 83
California National Bank 4,054.3
(1998) (2) 4,123
221 S. Figueroa St., Suite 100 -1.7
Los Angeles 90012
East-West Bank (1972) (3) 3,839.4
415 Huntington Drive 3,089.2
San Marino 91108 24.3
Hanmi Bank (1982) (11) 2,349
3660 Wilshire Blvd., Suite A 1,453.2
Los Angeles 90010 61.6
Farmers and Merchants Bank of 1,978.3
Long Beach (1907) (5) 1,787.7
302 Pine Ave. 10.7
Long Beach 90802
Mellon 1st Business Bank 2,313.9
(1981) (6) 2,055.2
601 W. Fifth St. 12.6
Los Angeles 90071
California Commerce Bank 1,658.3
(1963) (8) 1,674.1
2029 Century Park East, -0.9
Suite 4200
Century City 90067
Chinatrust Bank (U.S.A.) 1,514.6
(1965) (9) 1,484.2
22939 Hawthorne Blvd. 2
Torrance 90505
Community Bank (1983) (12) 1,554.4
790 E. Colorado Blvd. 1,301.3
Pasadena 91101 19.5
Far East National Bank 1,351.2
(1974) (10) 1,438.5
350 S. Grand Ave. -6.1
Los Angeles 90071
Manufacturers Bank (1962) (13) 1,397.1
515 S. Figueroa St. 955.8
Los Angeles 90071 46.2
Pacific Western National 1,296.2
Bank (1982) (15) 900.1
120 Wilshire Blvd. Santa 44
Monica 90401
Nara Bank (1989) (14) 1,224.6
3701 Wilshire Blvd., Suite 220 862.6
Los Angeles 90010 42
Wilshire State Bank (1980) (18) 1,041.3
3200 Wilshire Blvd. 723.4
Los Angeles 90010 43.9
Center Bank (1986) (17) $1,063.6
3435 Wilshire Blvd., Suite 700 $795.7
Los Angeles 90010 33.7%
First Regional Bank (1979) (23) 841.4
1801 Century Park East 532
Los Angeles 90067 58.2
J.P.Morgan Trust Co.(1997) 94.3
1999 Avenue of the Stars, 26th 97.7
Floor Los Angeles 90067 -3.5
United National Bank 821.3
(1983) (19) 729
2090 Huntington Drive 12.7
San Marino 91108
Preferred Bank (1991) (20) 747.4
601 S. Figueroa St., Suite 2125 676.8
Los Angeles 90017 10.4
Foothill Independent Bank 670.6
(1973)(21) 579.9
510 S. Grande Ave. 15.6
Glendora 91740
Mizuho Corporate Bank of 250.5
California (1974)(24) 260.7
555 W. Fifth St. -3.9
Los Angeles 90013
Cedars Bank (1987) (25) 339.5
444 S. Flower St. 336.6
Los Angeles 90071 0.8
American Business Bank (1998) 351.9
523 W. Sixth St., Suite 900 319.3
Los Angeles 90014 10.2
First Credit Bank (1983) 284.3
9255 Sunset Blvd. 287.9
Los Angeles 90069 -1.3
In millions
Bank (year established) Net Income
(Ranking in 2003) * Jan. 1-June 30, 2004
* name * Jan. 1-June 30, 2003
* address * % increase (decrease)
City National Bank (1953) (1) $102.2
400 N. Roxbury Drive $90.1
Beverly Hills 90210 13.5%
Cathay Bank (1962) (4) 43.5
777 N. Broadway 26
Los Angeles 90012 67.2
California National Bank 33.6
(1998) (2) 26
221 S. Figueroa St., Suite 100 29.4
Los Angeles 90012
East-West Bank (1972) (3) 37.1
415 Huntington Drive 28.2
San Marino 91108 31.6
Hanmi Bank (1982) (11) 14.5
3660 Wilshire Blvd., Suite A 9.4
Los Angeles 90010 53.9
Farmers and Merchants Bank of 24.4
Long Beach (1907) (5) 23.2
302 Pine Ave. 5.2
Long Beach 90802
Mellon 1st Business Bank 12.4
(1981) (6) 18.1
601 W. Fifth St. -31.8
Los Angeles 90071
California Commerce Bank 8.2
(1963) (8) 3.4
2029 Century Park East, 140.8
Suite 4200
Century City 90067
Chinatrust Bank (U.S.A.) 10.6
(1965) (9) 11.8
22939 Hawthorne Blvd. -10.6
Torrance 90505
Community Bank (1983) (12) 9.7
790 E. Colorado Blvd. 8.9
Pasadena 91101 9.5
Far East National Bank 5.6
(1974) (10) 6.7
350 S. Grand Ave. -16.2
Los Angeles 90071
Manufacturers Bank (1962) (13) 9.6
515 S. Figueroa St. 4.9
Los Angeles 90071 96.4
Pacific Western National 11.8
Bank (1982) (15) 9.8
120 Wilshire Blvd. Santa 20
Monica 90401
Nara Bank (1989) (14) 9.5
3701 Wilshire Blvd., Suite 220 7.7
Los Angeles 90010 23.9
Wilshire State Bank (1980) (18) 9.2
3200 Wilshire Blvd. 6
Los Angeles 90010 52.8
Center Bank (1986) (17) $7.3
3435 Wilshire Blvd., Suite 700 $5.7
Los Angeles 90010 27.5%
First Regional Bank (1979) (23) 4.8
1801 Century Park East 2.4
Los Angeles 90067 101.9
J.P.Morgan Trust Co.(1997) 11.8
1999 Avenue of the Stars, 26th 5.5
Floor Los Angeles 90067 114.8
United National Bank 4.4
(1983) (19) 1.3
2090 Huntington Drive 236.2
San Marino 91108
Preferred Bank (1991) (20) 5.2
601 S. Figueroa St., Suite 2125 3.9
Los Angeles 90017 32.1
Foothill Independent Bank 4.9
(1973)(21) 4.4
510 S. Grande Ave. 12.2
Glendora 91740
Mizuho Corporate Bank of 0.4
California (1974)(24) -0.4
555 W. Fifth St. NM
Los Angeles 90013
Cedars Bank (1987) (25) 2.6
444 S. Flower St. 2.6
Los Angeles 90071 0
American Business Bank (1998) 1.3
523 W. Sixth St., Suite 900 0.9
Los Angeles 90014 42.7
First Credit Bank (1983) 7.5
9255 Sunset Blvd. 5.7
Los Angeles 90069 32.1
Bank (year established) Capital
(Ranking in 2003) Rating (1)
* name
* address
City National Bank (1953) (1) *****
400 N. Roxbury Drive
Beverly Hills 90210
Cathay Bank (1962) (4) ****
777 N. Broadway
Los Angeles 90012
California National Bank ****
(1998) (2)
221 S. Figueroa St., Suite 100
Los Angeles 90012
East-West Bank (1972) (3) ****
415 Huntington Drive
San Marino 91108
Hanmi Bank (1982) (11) ****
3660 Wilshire Blvd., Suite A
Los Angeles 90010
Farmers and Merchants Bank of *****
Long Beach (1907) (5)
302 Pine Ave.
Long Beach 90802
Mellon 1st Business Bank ****
(1981) (6)
601 W. Fifth St.
Los Angeles 90071
California Commerce Bank ***+
(1963) (8)
2029 Century Park East,
Suite 4200
Century City 90067
Chinatrust Bank (U.S.A.) ****
(1965) (9)
22939 Hawthorne Blvd.
Torrance 90505
Community Bank (1983) (12) *****
790 E. Colorado Blvd.
Pasadena 91101
Far East National Bank ****
(1974) (10)
350 S. Grand Ave.
Los Angeles 90071
Manufacturers Bank (1962) (13) *****
515 S. Figueroa St.
Los Angeles 90071
Pacific Western National ***+
Bank (1982) (15)
120 Wilshire Blvd. Santa
Monica 90401
Nara Bank (1989) (14) ****
3701 Wilshire Blvd., Suite 220
Los Angeles 90010
Wilshire State Bank (1980) (18) ****
3200 Wilshire Blvd.
Los Angeles 90010
Center Bank (1986) (17) *****
3435 Wilshire Blvd., Suite 700
Los Angeles 90010
First Regional Bank (1979) (23) ***+
1801 Century Park East
Los Angeles 90067
J.P.Morgan Trust Co.(1997) *****
1999 Avenue of the Stars, 26th
Floor Los Angeles 90067
United National Bank ***
(1983) (19)
2090 Huntington Drive
San Marino 91108
Preferred Bank (1991) (20) ****
601 S. Figueroa St., Suite 2125
Los Angeles 90017
Foothill Independent Bank *****
(1973)(21)
510 S. Grande Ave.
Glendora 91740
Mizuho Corporate Bank of *****
California (1974)(24)
555 W. Fifth St.
Los Angeles 90013
Cedars Bank (1987) (25) *****
444 S. Flower St.
Los Angeles 90071
American Business Bank (1998) ****
523 W. Sixth St., Suite 900
Los Angeles 90014
First Credit Bank (1983) ***+
9255 Sunset Blvd.
Los Angeles 90069
Bank (year established) Capital Ratios
(Ranking in 2003) * tier one (2)
* name * total-risk based (3)
* address
City National Bank (1953) (1) 11.7%
400 N. Roxbury Drive 15.4%
Beverly Hills 90210
Cathay Bank (1962) (4) 9.9
777 N. Broadway 11.1
Los Angeles 90012
California National Bank 12.1
(1998) (2) 13.2
221 S. Figueroa St., Suite 100
Los Angeles 90012
East-West Bank (1972) (3) 9.3
415 Huntington Drive 10.5
San Marino 91108
Hanmi Bank (1982) (11) 9.9
3660 Wilshire Blvd., Suite A 11
Los Angeles 90010
Farmers and Merchants Bank of 39.6
Long Beach (1907) (5) 40.1
302 Pine Ave.
Long Beach 90802
Mellon 1st Business Bank 12.3
(1981) (6) 13
601 W. Fifth St.
Los Angeles 90071
California Commerce Bank 14.2
(1963) (8) 17
2029 Century Park East,
Suite 4200
Century City 90067
Chinatrust Bank (U.S.A.) 14.7
(1965) (9) 16
22939 Hawthorne Blvd.
Torrance 90505
Community Bank (1983) (12) 11.0
790 E. Colorado Blvd. 12.2
Pasadena 91101
Far East National Bank 9.2
(1974) (10) 11.6
350 S. Grand Ave.
Los Angeles 90071
Manufacturers Bank (1962) (13) 15.5
515 S. Figueroa St. 16.8
Los Angeles 90071
Pacific Western National 9
Bank (1982) (15) 10.1
120 Wilshire Blvd. Santa
Monica 90401
Nara Bank (1989) (14) 10.2
3701 Wilshire Blvd., Suite 220 11.4
Los Angeles 90010
Wilshire State Bank (1980) (18) 8
3200 Wilshire Blvd. 11.7
Los Angeles 90010
Center Bank (1986) (17) 10.1%
3435 Wilshire Blvd., Suite 700 11.2%
Los Angeles 90010
First Regional Bank (1979) (23) 9.9
1801 Century Park East 11
Los Angeles 90067
J.P.Morgan Trust Co.(1997) 144.7
1999 Avenue of the Stars, 26th 144.9
Floor Los Angeles 90067
United National Bank 8.8
(1983) (19) 9.6
2090 Huntington Drive
San Marino 91108
Preferred Bank (1991) (20) 9.4
601 S. Figueroa St., Suite 2125 10.1
Los Angeles 90017
Foothill Independent Bank 12.9
(1973)(21) 13.9
510 S. Grande Ave.
Glendora 91740
Mizuho Corporate Bank of 54.4
California (1974)(24) 63.8
555 W. Fifth St.
Los Angeles 90013
Cedars Bank (1987) (25) 11.5
444 S. Flower St. 12.6
Los Angeles 90071
American Business Bank (1998) 14.2
523 W. Sixth St., Suite 900 15.4
Los Angeles 90014
First Credit Bank (1983) 18.7
9255 Sunset Blvd. 19.9
Los Angeles 90069
Bank (year established) Non-Current
(Ranking in 2003) Ratios
* name * % of total assets
* address * % of total loans
City National Bank (1953) (1) 0.3%
400 N. Roxbury Drive 0.5%
Beverly Hills 90210
Cathay Bank (1962) (4) 0.5
777 N. Broadway 0.8
Los Angeles 90012
California National Bank 1.4
(1998) (2) 1.4
221 S. Figueroa St., Suite 100
Los Angeles 90012
East-West Bank (1972) (3) 0.1
415 Huntington Drive 0.1
San Marino 91108
Hanmi Bank (1982) (11) 0.3
3660 Wilshire Blvd., Suite A 0.4
Los Angeles 90010
Farmers and Merchants Bank of 0.5
Long Beach (1907) (5) 1.3
302 Pine Ave.
Long Beach 90802
Mellon 1st Business Bank 0
(1981) (6) 0
601 W. Fifth St.
Los Angeles 90071
California Commerce Bank 1.7
(1963) (8) 3.2
2029 Century Park East,
Suite 4200
Century City 90067
Chinatrust Bank (U.S.A.) 0.8
(1965) (9) 1.5
22939 Hawthorne Blvd.
Torrance 90505
Community Bank (1983) (12) 0.4
790 E. Colorado Blvd. 0.6
Pasadena 91101
Far East National Bank 1.4
(1974) (10) 1.9
350 S. Grand Ave.
Los Angeles 90071
Manufacturers Bank (1962) (13) 0.5
515 S. Figueroa St. 1
Los Angeles 90071
Pacific Western National 0.3
Bank (1982) (15) 0.4
120 Wilshire Blvd. Santa
Monica 90401
Nara Bank (1989) (14) 0.4
3701 Wilshire Blvd., Suite 220 0.4
Los Angeles 90010
Wilshire State Bank (1980) (18) 0.6
3200 Wilshire Blvd. 0.8
Los Angeles 90010
Center Bank (1986) (17) 0.3%
3435 Wilshire Blvd., Suite 700 0.4%
Los Angeles 90010
First Regional Bank (1979) (23) 0
1801 Century Park East 0
Los Angeles 90067
J.P.Morgan Trust Co.(1997) 0
1999 Avenue of the Stars, 26th 0
Floor Los Angeles 90067
United National Bank 0.2
(1983) (19) 0.2
2090 Huntington Drive
San Marino 91108
Preferred Bank (1991) (20) 1
601 S. Figueroa St., Suite 2125 0
Los Angeles 90017
Foothill Independent Bank 0
(1973)(21) 0
510 S. Grande Ave.
Glendora 91740
Mizuho Corporate Bank of 0
California (1974)(24) 0
555 W. Fifth St.
Los Angeles 90013
Cedars Bank (1987) (25) 0.1
444 S. Flower St. 0
Los Angeles 90071
American Business Bank (1998) 0
523 W. Sixth St., Suite 900 0
Los Angeles 90014
First Credit Bank (1983) 2.9
9255 Sunset Blvd. 3.7
Los Angeles 90069
Bank (year established) Returns
(Ranking in 2003) (6 mos. ended 6/30/04)
* name * on average assets
* address * on average equity
City National Bank (1953) (1) 1.6%
400 N. Roxbury Drive 17.1%
Beverly Hills 90210
Cathay Bank (1962) (4) 1.5
777 N. Broadway 13
Los Angeles 90012
California National Bank 1.3
(1998) (2) 10
221 S. Figueroa St., Suite 100
Los Angeles 90012
East-West Bank (1972) (3) 1.6
415 Huntington Drive 18.2
San Marino 91108
Hanmi Bank (1982) (11) 1.3
3660 Wilshire Blvd., Suite A 13.3
Los Angeles 90010
Farmers and Merchants Bank of 1.7
Long Beach (1907) (5) 8.7
302 Pine Ave.
Long Beach 90802
Mellon 1st Business Bank 1
(1981) (6) 7.6
601 W. Fifth St.
Los Angeles 90071
California Commerce Bank 0.9
(1963) (8) 8.4
2029 Century Park East,
Suite 4200
Century City 90067
Chinatrust Bank (U.S.A.) 1.2
(1965) (9) 10.2
22939 Hawthorne Blvd.
Torrance 90505
Community Bank (1983) (12) 1.2
790 E. Colorado Blvd. 13.8
Pasadena 91101
Far East National Bank 0.7
(1974) (10) 7.2
350 S. Grand Ave.
Los Angeles 90071
Manufacturers Bank (1962) (13) 1.3
515 S. Figueroa St. 9.6
Los Angeles 90071
Pacific Western National 1.7
Bank (1982) (15) 12.2
120 Wilshire Blvd. Santa
Monica 90401
Nara Bank (1989) (14) 1.5
3701 Wilshire Blvd., Suite 220 16.1
Los Angeles 90010
Wilshire State Bank (1980) (18) 1.7
3200 Wilshire Blvd. 26.4
Los Angeles 90010
Center Bank (1986) (17) 1.3%
3435 Wilshire Blvd., Suite 700 14.7%
Los Angeles 90010
First Regional Bank (1979) (23) 1.1
1801 Century Park East 12.3
Los Angeles 90067
J.P.Morgan Trust Co.(1997) 2.4
1999 Avenue of the Stars, 26th 3.1
Floor Los Angeles 90067
United National Bank 1
(1983) (19) 14
2090 Huntington Drive
San Marino 91108
Preferred Bank (1991) (20) 1.3
601 S. Figueroa St., Suite 2125 14.9
Los Angeles 90017
Foothill Independent Bank 1.4
(1973)(21) 14.5
510 S. Grande Ave.
Glendora 91740
Mizuho Corporate Bank of 0.2
California (1974)(24) 1.1
555 W. Fifth St.
Los Angeles 90013
Cedars Bank (1987) (25) 1.3
444 S. Flower St. 14
Los Angeles 90071
American Business Bank (1998) 0.7
523 W. Sixth St., Suite 900 10
Los Angeles 90014
First Credit Bank (1983) 4.1
9255 Sunset Blvd. 26.1
Los Angeles 90069
Bank (year established) Top Local Executive
(Ranking in 2003) * name
* name * title
* address * phone
City National Bank (1953) (1) Russell Goldsmith
400 N. Roxbury Drive chairman, ceo
Beverly Hills 90210 (310) 888-6000
Cathay Bank (1962) (4) Dunson Cheng
777 N. Broadway chairman, ceo, president
Los Angeles 90012 (213) 625-4700
California National Bank Gregory Mitchell
(1998) (2) ceo, president
221 S. Figueroa St., Suite 100 (213) 443-1400
Los Angeles 90012
East-West Bank (1972) (3) Dominic Ng
415 Huntington Drive chairman, ceo, president
San Marino 91108 (626) 799-5700
Hanmi Bank (1982) (11) Jae Whan Yoo
3660 Wilshire Blvd., Suite A ceo, president
Los Angeles 90010 (213) 382-2200
Farmers and Merchants Bank of Kenneth G. Walker
Long Beach (1907) (5) president
302 Pine Ave. (562) 437-0011
Long Beach 90802
Mellon 1st Business Bank Christopher Myers
(1981) (6) chairman, ceo
601 W. Fifth St. (213) 489-1000
Los Angeles 90071
California Commerce Bank Salvador Villar
(1963) (8) ceo, president
2029 Century Park East, (800) 222-1234
Suite 4200
Century City 90067
Chinatrust Bank (U.S.A.) William Hon
(1965) (9) ceo, president
22939 Hawthorne Blvd. (310) 791-2828
Torrance 90505
Community Bank (1983) (12) Charles Jackson
790 E. Colorado Blvd. ceo, president
Pasadena 91101 (626) 577-1700
Far East National Bank Robert Sweeney
(1974) (10) president
350 S. Grand Ave. (213) 687-1200
Los Angeles 90071
Manufacturers Bank (1962) (13) Yoshinori Tsutsumi
515 S. Figueroa St. chairman, ceo, president
Los Angeles 90071 (213) 489-6200
Pacific Western National Matt Wagner
Bank (1982) (15) ceo, president
120 Wilshire Blvd. Santa (310) 458-1521
Monica 90401
Nara Bank (1989) (14) Benjamin Hong
3701 Wilshire Blvd., Suite 220 ceo, president
Los Angeles 90010 (213) 639-1700
Wilshire State Bank (1980) (18) Soo Bong Min
3200 Wilshire Blvd. ceo, president
Los Angeles 90010 (213) 387-3200
Center Bank (1986) (17) Seon Hong Kim
3435 Wilshire Blvd., Suite 700 ceo, president
Los Angeles 90010 (213) 251-2222
First Regional Bank (1979) (23) Jack Sweeney
1801 Century Park East chairman, ceo
Los Angeles 90067 (310) 552-1776
J.P.Morgan Trust Co.(1997) Zachary Hulsey
1999 Avenue of the Stars, 26th managing director
Floor Los Angeles 90067 (310) 860-7008
United National Bank Edward Lo
(1983) (19) chairman, ceo
2090 Huntington Drive (213) 430-2020
San Marino 91108
Preferred Bank (1991) (20) Li Yu
601 S. Figueroa St., Suite 2125 chairman, ceo, president
Los Angeles 90017 (213) 891-1188
Foothill Independent Bank George Langley
(1973)(21) ceo, president
510 S. Grande Ave. (626) 963-8551
Glendora 91740
Mizuho Corporate Bank of Eizo Ishiguro
California (1974)(24) ceo, president
555 W. Fifth St. (213) 612-2700
Los Angeles 90013
Cedars Bank (1987) (25) William A. Hanna
444 S. Flower St. ceo, president
Los Angeles 90071 (213) 627-7799
American Business Bank (1998) Don Johnson
523 W. Sixth St., Suite 900 ceo, president
Los Angeles 90014 (213) 430-4000
First Credit Bank (1983) Farhad Ghassemieh
9255 Sunset Blvd. ceo
Los Angeles 90069 (310) 273-2500
NM - Not Meaningful
(1) Bauer Financial Reports Inc. proprietary ratings classify each
institution based upon a formula which factors in relevant data
including, but not limited to, current capital levels, proposed
regulations, profitability, historical trends, loan delinquencies,
repossessed assets, reserves, regulatory compliance and asset
quality. Ratings are based on March 31, 2004 data.
***** Superior
**** Excellent
***+ Good
*** Adequate
(2) Tier-one (core) capital as a percent of risk-weighted assets.
(3) Total risk-based capital as a percent of risk-weighted assets.
Note: The financial information on this list was provided by the
FDIC. Banks are ranked by their assets as of June 30, 2004. A bank's
ranking does not reflect its relative strength within the industry.
The core capital ratios and non-performance asset ratios can be used
as indicators of an institution's financial security. General Bank,
No. 7 last year merged into Cathay Bank on October 20, 2003. Pacific
Union Bank, No. 16 last year, merged into Hanmi Bank on
April 30, 2004. Pacific Crest Bank, No. 22 last year, merged into
Pacific Capital Bank, National Association on March 5, 2004. Numbers
have been rounded.
To the best of our knowledge, this information is accurate as of
press time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [C]2004 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available
from Wright's Reprints, (877) 652-5295.
Researched by David Nusbaum
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