Printer Friendly
The Free Library
14,560,301 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

L.A. County-based banks.


Ranked by assets as of June June: see month.  30, 2002

EXECUTIVE SUMMARY

CITY National Bank moved into the top position among the largest L.A. County banks following the merger of United 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).  Bank, last year's No. 1, with San Francisco-based Bank of the West. UCB UCB - University of California at Berkeley  disappeared as an L.A. bank just one year after it was born in the joining of Sanwa Sanwa (Japanese: 三和) may refer to the following places in Japan:
  • Sanwa, Hiroshima, a former town in Hiroshima Prefecture (now part of the town of Jinsekikogen)
 Bank California and Tokai Tōkai in Japanese may refer to:
  • Tōkai region, a subregion of Chūbu
  • Tōkai, Ibaraki, a village
  • Tōkai, Aichi, a city
  • Tōkai University
  • Tōkai Gakki, also known as Tokai Guitars Company
Tokai may refer to:
 Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West. .

The biggest move on the list came from California National Bank, which vaulted to No. 2 from No. 15 with the acquisition by its holding company of PBOC PBOC People's Bank of China
PBOC People's Bank Of California
 Holdings Inc., parent of People's Bank Peo´ple's bank   

1. A form of coöperative bank, such as those of Germany; - a term loosely used for various forms of coöperative financial institutions.
 of California. California National is set to merge See mail merge and concatenate.  with Fidelity Fidelity is a notion that at its most abstract level implies a truthful connection to a source or sources. Its original meaning dealt with loyalty and attentiveness to one's duty to a lord or a king, in a broader sense than the related concept of fealty.  Federal Bank, another unit of FBOP FBOP Flowery Broken Orange Pekoe (tea)
FBOP Federal Bureau Of Prisons
FBOP First Bank of Oak Park
FBOP Fundamental Biology Outreach Program (NASA) 
 Inc., next month, increasing its asset base from $3.3 billion to nearly $6 billion.

In addition to UCB, Pacific Century Bank was also merged into a non-L.A. bank and is off the list.

The assets of the 25 largest banks in L.A. County grew substantially in the last year, averaging an increase of 28 percent over the 12-month period ended June 30. The increase in the previous 12month period was only 9 percent.

Nicki Nicki is a given name, and may refer to:

In television:
  • Nicki Aycox, American actress best known for her roles as Syl on the series Dark Angel and Stella Vessey on the dramedy Ed
 Taylor Taylor, city (1990 pop. 70,811), Wayne co., SE Mich., a suburb of Detroit adjacent to Dearborn; founded 1847 as a township, inc. as a city 1968. A small rural village until World War II, it developed significantly in the second half of the 20th cent.

THE PACESETTER

CITY NATIONAL BANK

CITY National Bank moves into the top spot on the list of largest L.A.-County based banks as a result of the merger of United California Bank with San Francisco-based Bank of the West.

The new No. 1 saw 20 percent growth in its asset base in the 12month period ended June 30, hitting $10.9 billion. It had $9.1 billion in assets for the like-year earlier period.

Founded in 1954 as City National Bank of 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. , the financial institution originally catered to entrepreneurs and entertainers. It now concentrates on small- to mid-sized businesses and high net worth individuals. Its growth spurt growth spurt Pediatrics A period of rapid growth in middle adolescence; ♀ ↑ ±8 cm/yr ±age 12; ♂ ↑ ±10 cm/yr ± age 14; GS is orderly, affecting acral parts–ie, hands and feet grow before proximal regions,  came between 1995 and this year, during which it has more than tripled its asset size, largely through acquisitions.

City National has 54 offices in 12 California counties, with more than 2,200 employees.

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, the bank's chief executive, cited expansion of current client relationships, as well as the ability to attract new clients, as an important part of City National's growth.

"As businesses grow and evolve Evolve may refer to several terms:
  • Evolve, as in Evolution.
  • Evolve Cars, an after-market manufacturer of sport-parts for Volvo cars.
, that value proposition helps us retain clients and add new ones' said Goldsmith. He added that consolidation has put City National in a position to attract well-trained local employees from other banks.

City National plans to acquire the Newburgh Newburgh (n`bərg, ny`–), city (1990 pop. 26,454), Orange co., SE N.Y. , N.Y branch of Fleet National Bank, its first out of state acquisition, and move the branch to Manhattan Manhattan, indigenous people of North America
Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages).
.

Nicki Taylor

[GRAPH graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers.  OMITTED]

[GRAPH OMITTED]
                                                  In millions

Rank      Bank (year established)                  Assets
          (Ranking in 2001)                 * as of June 30, 2002
          * name                            * as of June 30, 2001
          * address                        * % increase (decrease)

 1        City National Bank                      $10,919.9
          (1954) (2)                              $9,068.2
          400 N. Roxbury Drive                      20.4%
          Beverly Hills 90210

 2        California National                      3,254.9
          Bank (1998) (15)                           963
          221 S. Figueroa St.                        238
          Los Angeles 90012

 3        East West Bank (1973) (3)                3,030.5
          415 Huntington Drive                     2,627.6
          San Marino 91108                          15.3

 4        Cathay Bank (1962) (5)                   2,574.5
          777 N. Broadway St.                      2,299.7
          Los Angeles 90012                         11.9

 5        GBC Bancorp (1980) (6)                   2,528.7
          800 W. 6th St.                           2,099.5
          Los Angeles 90017                         20.4

 6        Farmers & Merchants Bank                  2,337
          of Long Beach (19070 (8)                 2,004.7
          302 Pine Ave.                             16.6
          Long Beach 90802

 7        Melton 1st Business                      2,019.4
          Bank (1981) (9)                          1,878.6
          601 W. 5th St.                             7.5
          Los Angeles 90071

 8        California Commerce                      2,018.5
          Bank (1980) (7)                          2,076.9
          2029 Century Park East,                    5.3
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                          1,766.8
          (USA) (1995) (10)                         1,678
          22939 Hawthorne Blvd.                      5.3
          Torrance 90505

 10       Community Bank (1945) (11)               1,336.7
          100 E. Corson St.                         1,250
          Pasadena 91103                             6.9

 11       Far East National                        1,297.9
          Bank (1974) (12)                         1,200.2
          350 S. Grand Ave.                          8.1
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)                   1,292.4
          3660 Wilshire Blvd.,                     1,114.2
          Suite A                                    16
          Los Angeles 90010

 13       Southern Pacific Bank (1982)              1,142
          23530 Hawthorne Blvd.,                   1,729.9
          Suite 200                                  -34
          Torrance 90505

 14       Manufacturers Bank                       1,117.9
          (1962) (14)                              1,093.4
          515 S. Figueroa St.                        2.2
          Los Angeles 90071

 15       Pacific Union                             830.6
          Bank (1974) (17)                          814.7
          3530 Wilshire Blvd.,                        2
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National                 $795.7
          Bank (1982)                              $248.7
          606 Broadway                             219.9%
          Santa Monica 90401

 17       Nara Bank (1988) (18)                     793.7
          3701 Wilshire Blvd., Suite 220            640.2
          Los Angeles 90010                          24

 18       U.S. Trust Company (1991)(23)             692.1
          515 S. Flower St., Suite 2700             494.3
          Los Angeles 90071                          40

 19       California Center Bank (1986)             655.7
          3435 Wilshire Blvd., Suite 700            506.3
          Los Angles 90010                          29.5

 20       United National Bank (1983)(19)           654.9
          2090 Huntington Drive                      619
          San Marino 91108                           5.8

 21       Preferred Bank (1991)                     652.3
          601 S. Figueroa St., Suite 2125           588.5
          Los Angeles 90017                         10.8


 22       Wilshire State Bank (1980)                577.3
          3200 Wilshire Blvd.                       455.2
          Los Angeles 90010                         26.8

 23       Foothill Independent                      570.4
          Bancorp (1973) (22)                        511
          510 S. Grand Ave.                         11.6
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)            551.3
          30343 Canwood St.                         551.5
          Agoura Hills 91301                          0

 25       Mizuho Corporate Bank of                  522.6
          California (4) (1974)(21)                 514.8
          555 W. 5th St.                             1.5
          Los Angeles 90013

                                                  In millions

Rank      Bank (year established)                 Deposits
          (Ranking in 2001)                 * as of June 30, 2002
          * name                            * as of June 30, 2001
          * address                        * % increase (decrease)

 1        City National Bank                      $8,801.4
          (1954) (2)                              $7,039.7
          400 N. Roxbury Drive                       25%
          Beverly Hills 90210

 2        California National                      2,288.3
          Bank (1998) (15)                          607.5
          221 S. Figueroa St.                       276.7
          Los Angeles 90012

 3        East West Bank (1973) (3)                2,672.6
          415 Huntington Drive                     2,297.9
          San Marino 91108                          16.3

 4        Cathay Bank (1962) (5)                   2,211.1
          777 N. Broadway St.                      2,012.2
          Los Angeles 90012                          9.9

 5        GBC Bancorp (1980) (6)                   1,938.7
          800 W. 6th St.                            1,725
          Los Angeles 90017                         12.4

 6        Farmers & Merchants Bank                 1,520.9
          of Long Beach (19070 (8)                 1,314.9
          302 Pine Ave.                             15.7
          Long Beach 90802

 7        Melton 1st Business                      1,616.3
          Bank (1981) (9)                          1,478.3
          601 W. 5th St.                             9.3
          Los Angeles 90071

 8        California Commerce                      1,462.8
          Bank (1980) (7)                          1,389.8
          2029 Century Park East,                    3.6
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                          1,409.9
          (USA) (1995) (10)                         1,361
          22939 Hawthorne Blvd.                      3.6
          Torrance 90505

 10       Community Bank (1945) (11)                1,094
          100 E. Corson St.                         981.1
          Pasadena 91103                            11.5

 11       Far East National                        1,057.9
          Bank (1974) (12)                          946.5
          350 S. Grand Ave.                         11.8
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)                   1,161.5
          3660 Wilshire Blvd.,                     1,002.1
          Suite A                                   15.9
          Los Angeles 90010

 13       Southern Pacific Bank (1982)              990.1
          23530 Hawthorne Blvd.,                   1,529.7
          Suite 200                                 -35.3
          Torrance 90505

 14       Manufacturers Bank                        857.5
          (1962) (14)                               844.1
          515 S. Figueroa St.                        1.6
          Los Angeles 90071

 15       Pacific Union                             697.4
          Bank (1974) (17)                          721.5
          3530 Wilshire Blvd.,                      -3.3
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National                 $700.2
          Bank (1982)                              $224.4
          606 Broadway                              212%
          Santa Monica 90401

 17       Nara Bank (1988) (18)                     657.7
          3701 Wilshire Blvd., Suite 220            562.4
          Los Angeles 90010                         16.9

 18       U.S. Trust Company (1991)(23)             455.1
          515 S. Flower St., Suite 2700             374.2
          Los Angeles 90071                         21.6

 19       California Center Bank (1986)             589.7
          3435 Wilshire Blvd., Suite 700            446.6
          Los Angles 90010                           32

 20       United National Bank (1983)(19)           587.3
          2090 Huntington Drive                     558.6
          San Marino 91108                           5.1

 21       Preferred Bank (1991)                     579.4
          601 S. Figueroa St., Suite 2125           521.5
          Los Angeles 90017                         11.1


 22       Wilshire State Bank (1980)                526.1
          3200 Wilshire Blvd.                       416.4
          Los Angeles 90010                         26.3

 23       Foothill Independent                      511.9
          Bancorp (1973) (22)                       459.3
          510 S. Grand Ave.                         11.5
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)            380.5
          30343 Canwood St.                         457.3
          Agoura Hills 91301                        -16.8

 25       Mizuho Corporate Bank of                  328.8
          California (4) (1974)(21)                 328.7
          555 W. 5th St.                              0
          Los Angeles 90013

                                                  In millions

Rank      Bank (year established)                 Net Income
          (Ranking in 2001)                * Jan. 1 - June 30, 2002
          * name                           * Jan. 1 - June 30, 2001
          * address                        * % increase (decrease)

 1        City National Bank                        $88.1
          (1954) (2)                                $68.7
          400 N. Roxbury Drive                      28.2%
          Beverly Hills 90210

 2        California National                         21
          Bank (1998) (15)                           9.1
          221 S. Figueroa St.                       130.8
          Los Angeles 90012

 3        East West Bank (1973) (3)                  24.4
          415 Huntington Drive                       20.3
          San Marino 91108                           20.2

 4        Cathay Bank (1962) (5)                     23.8
          777 N. Broadway St.                        19.8
          Los Angeles 90012                          20.2

 5        GBC Bancorp (1980) (6)                     -9.3
          800 W. 6th St.                             14.9
          Los Angeles 90017                         -162.4

 6        Farmers & Merchants Bank                   28.1
          of Long Beach (19070 (8)                   22.5
          302 Pine Ave.                              24.9
          Long Beach 90802

 7        Melton 1st Business                        12.1
          Bank (1981) (9)                            6.8
          601 W. 5th St.                             77.9
          Los Angeles 90071

 8        California Commerce                        -1.2
          Bank (1980) (7)                            13.3
          2029 Century Park East,                   -30.3
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                            7.6
          (USA) (1995) (10)                          10.9
          22939 Hawthorne Blvd.                     -30.3
          Torrance 90505

 10       Community Bank (1945) (11)                 7.8
          100 E. Corson St.                          6.9
          Pasadena 91103                              13

 11       Far East National                          4.1
          Bank (1974) (12)                           3.4
          350 S. Grand Ave.                          20.6
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)                     7.2
          3660 Wilshire Blvd.,                       8.3
          Suite A                                   -13.3
          Los Angeles 90010

 13       Southern Pacific Bank (1982)              -17.6
          23530 Hawthorne Blvd.,                    -19.9
          Suite 200                                 -11.6
          Torrance 90505

 14       Manufacturers Bank                         3.9
          (1962) (14)                                5.2
          515 S. Figueroa St.                        -25
          Los Angeles 90071

 15       Pacific Union                              5.8
          Bank (1974) (17)                            6
          3530 Wilshire Blvd.,                       -3.3
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National                   $5.4
          Bank (1982)                                 $1
          606 Broadway                               440%
          Santa Monica 90401

 17       Nara Bank (1988) (18)                      9.9
          3701 Wilshire Blvd., Suite 220             6.6
          Los Angeles 90010                           50

 18       U.S. Trust Company (1991)(23)              -2.4
          515 S. Flower St., Suite 2700               10
          Los Angeles 90071                          -124

 19       California Center Bank (1986)              4.1
          3435 Wilshire Blvd., Suite 700              4
          Los Angles 90010                           2.5

 20       United National Bank (1983)(19)            1.6
          2090 Huntington Drive                      2.5
          San Marino 91108                           -36

 21       Preferred Bank (1991)                      3.8
          601 S. Figueroa St., Suite 2125            4.1
          Los Angeles 90017                          -7.3


 22       Wilshire State Bank (1980)                  4
          3200 Wilshire Blvd.                        3.1
          Los Angeles 90010                           29

 23       Foothill Independent                       4.1
          Bancorp (1973) (22)                        3.6
          510 S. Grand Ave.                          13.9
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)             3.8
          30343 Canwood St.                          3.2
          Agoura Hills 91301                         18.8

 25       Mizuho Corporate Bank of                   0.3
          California (4) (1974)(21)                  1.7
          555 W. 5th St.                            -82.4
          Los Angeles 90013



Rank      Bank (year established)           Capital
          (Ranking in 2001)                Rating (1)
          * name
          * address

 1        City National Bank                  ****
          (1954) (2)
          400 N. Roxbury Drive
          Beverly Hills 90210

 2        California National                 ****
          Bank (1998) (15)
          221 S. Figueroa St.
          Los Angeles 90012

 3        East West Bank (1973) (3)           ****
          415 Huntington Drive
          San Marino 91108

 4        Cathay Bank (1962) (5)             *****
          777 N. Broadway St.
          Los Angeles 90012

 5        GBC Bancorp (1980) (6)            *** 1/2
          800 W. 6th St.
          Los Angeles 90017

 6        Farmers & Merchants Bank           *****
          of Long Beach (19070 (8)
          302 Pine Ave.
          Long Beach 90802

 7        Melton 1st Business                 ****
          Bank (1981) (9)
          601 W. 5th St.
          Los Angeles 90071

 8        California Commerce                 ****
          Bank (1980) (7)
          2029 Century Park East,
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                    *****
          (USA) (1995) (10)
          22939 Hawthorne Blvd.
          Torrance 90505

 10       Community Bank (1945) (11)          ****
          100 E. Corson St.
          Pasadena 91103

 11       Far East National                   ****
          Bank (1974) (12)
          350 S. Grand Ave.
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)              ****
          3660 Wilshire Blvd.,
          Suite A
          Los Angeles 90010

 13       Southern Pacific Bank (1982)        zero
          23530 Hawthorne Blvd.,
          Suite 200
          Torrance 90505

 14       Manufacturers Bank                 *****
          (1962) (14)
          515 S. Figueroa St.
          Los Angeles 90071

 15       Pacific Union                       ***
          Bank (1974) (17)
          3530 Wilshire Blvd.,
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National            ***
          Bank (1982)
          606 Broadway
          Santa Monica 90401

 17       Nara Bank (1988) (18)               ***
          3701 Wilshire Blvd., Suite 220
          Los Angeles 90010

 18       U.S. Trust Company (1991)(23)       ***
          515 S. Flower St., Suite 2700
          Los Angeles 90071

 19       California Center Bank (1986)      ***1/2
          3435 Wilshire Blvd., Suite 700
          Los Angles 90010

 20       United National Bank (1983)(19)     ****
          2090 Huntington Drive
          San Marino 91108

 21       Preferred Bank (1991)              ***1/2
          601 S. Figueroa St., Suite 2125
          Los Angeles 90017


 22       Wilshire State Bank (1980)          ****
          3200 Wilshire Blvd.
          Los Angeles 90010

 23       Foothill Independent               *****
          Bancorp (1973) (22)
          510 S. Grand Ave.
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)      ****
          30343 Canwood St.
          Agoura Hills 91301

 25       Mizuho Corporate Bank of           *****
          California (4) (1974)(21)
          555 W. 5th St.
          Los Angeles 90013



Rank      Bank (year established)               Capital Ratios
          (Ranking in 2001)                     * tier one (2)
          * name                           * total risk adjusted (3)
          * address

 1        City National Bank                          9.1
          (1954) (2)                                 13.7
          400 N. Roxbury Drive
          Beverly Hills 90210

 2        California National                         11
          Bank (1998) (15)                           12.3
          221 S. Figueroa St.
          Los Angeles 90012

 3        East West Bank (1973) (3)                   9.7
          415 Huntington Drive                        11
          San Marino 91108

 4        Cathay Bank (1962) (5)                     11.5
          777 N. Broadway St.                        12.5
          Los Angeles 90012

 5        GBC Bancorp (1980) (6)                      11
          800 W. 6th St.                             12.3
          Los Angeles 90017

 6        Farmers & Merchants Bank                   55.7
          of Long Beach (19070 (8)                    57
          302 Pine Ave.
          Long Beach 90802

 7        Melton 1st Business                        11.3
          Bank (1981) (9)                            12.4
          601 W. 5th St.
          Los Angeles 90071

 8        California Commerce                        16.9
          Bank (1980) (7)                            20.6
          2029 Century Park East,
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                            10.4
          (USA) (1995) (10)                          11.5
          22939 Hawthorne Blvd.
          Torrance 90505

 10       Community Bank (1945) (11)                 10.8
          100 E. Corson St.                           12
          Pasadena 91103

 11       Far East National                           9.4
          Bank (1974) (12)                           10.4
          350 S. Grand Ave.
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)                     11.1
          3660 Wilshire Blvd.,                       12.2
          Suite A
          Los Angeles 90010

 13       Southern Pacific Bank (1982)                5.0
          23530 Hawthorne Blvd.,                      6.3
          Suite 200
          Torrance 90505

 14       Manufacturers Bank                         16.8
          (1962) (14)                                18.1
          515 S. Figueroa St.
          Los Angeles 90071

 15       Pacific Union                              16.2
          Bank (1974) (17)                           17.5
          3530 Wilshire Blvd.,
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National                    9.4
          Bank (1982)                                10.7
          606 Broadway
          Santa Monica 90401

 17       Nara Bank (1988) (18)                       9.5
          3701 Wilshire Blvd., Suite 220             10.7
          Los Angeles 90010

 18       U.S. Trust Company (1991)(23)              17.9
          515 S. Flower St., Suite 2700              18.3
          Los Angeles 90071

 19       California Center Bank (1986)              10.9
          3435 Wilshire Blvd., Suite 700              12
          Los Angles 90010

 20       United National Bank (1983)(19)             9.7
          2090 Huntington Drive                      10.6
          San Marino 91108

 21       Preferred Bank (1991)                       9.8
          601 S. Figueroa St., Suite 2125            10.7
          Los Angeles 90017


 22       Wilshire State Bank (1980)                  8.6
          3200 Wilshire Blvd.                         9.9
          Los Angeles 90010

 23       Foothill Independent                       11.6
          Bancorp (1973) (22)                        12.6
          510 S. Grand Ave.
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)             11.7
          30343 Canwood St.                          12.9
          Agoura Hills 91301

 25       Mizuho Corporate Bank of                   38.5
          California (4) (1974)(21)                  50.6
          555 W. 5th St.
          Los Angeles 90013



Rank      Bank (year established)               Non-Performing
          (Ranking in 2001)                         Ratios
          * name                           * assets of total assets
          * address                         * loans of total loans

 1        City National Bank                         0.6
          (1954) (2)                                 0.9
          400 N. Roxbury Drive
          Beverly Hills 90210

 2        California National                        0.9
          Bank (1998) (15)                           0.5
          221 S. Figueroa St.
          Los Angeles 90012

 3        East West Bank (1973) (3)                  0.1
          415 Huntington Drive                       0.1
          San Marino 91108

 4        Cathay Bank (1962) (5)                     0.3
          777 N. Broadway St.                        0.4
          Los Angeles 90012

 5        GBC Bancorp (1980) (6)                      1
          800 W. 6th St.                              2
          Los Angeles 90017

 6        Farmers & Merchants Bank                   0.7
          of Long Beach (19070 (8)                   2.1
          302 Pine Ave.
          Long Beach 90802

 7        Melton 1st Business                        0.02
          Bank (1981) (9)                            0.1
          601 W. 5th St.
          Los Angeles 90071

 8        California Commerce                        1.7
          Bank (1980) (7)                             4
          2029 Century Park East,
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                            0.6
          (USA) (1995) (10)                          0.5
          22939 Hawthorne Blvd.
          Torrance 90505

 10       Community Bank (1945) (11)                 0.5
          100 E. Corson St.                          0.8
          Pasadena 91103

 11       Far East National                          0.8
          Bank (1974) (12)                            1
          350 S. Grand Ave.
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)                     0.4
          3660 Wilshire Blvd.,                       0.5
          Suite A
          Los Angeles 90010

 13       Southern Pacific Bank (1982)               8.9
          23530 Hawthorne Blvd.,                     9.8
          Suite 200
          Torrance 90505

 14       Manufacturers Bank                         0.8
          (1962) (14)                                1.2
          515 S. Figueroa St.
          Los Angeles 90071

 15       Pacific Union                              0.6
          Bank (1974) (17)                           0.8
          3530 Wilshire Blvd.,
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National                    1
          Bank (1982)                                0.9
          606 Broadway
          Santa Monica 90401

 17       Nara Bank (1988) (18)                      0.2
          3701 Wilshire Blvd., Suite 220             0.3
          Los Angeles 90010

 18       U.S. Trust Company (1991)(23)               0
          515 S. Flower St., Suite 2700               0
          Los Angeles 90071

 19       California Center Bank (1986)              0.2
          3435 Wilshire Blvd., Suite 700             0.4
          Los Angles 90010

 20       United National Bank (1983)(19)            0.5
          2090 Huntington Drive                      0.7
          San Marino 91108

 21       Preferred Bank (1991)                       1
          601 S. Figueroa St., Suite 2125            1.3
          Los Angeles 90017


 22       Wilshire State Bank (1980)                  1
          3200 Wilshire Blvd.                        1.1
          Los Angeles 90010

 23       Foothill Independent                       0.6
          Bancorp (1973) (22)                        0.8
          510 S. Grand Ave.
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)              0
          30343 Canwood St.                           0
          Agoura Hills 91301

 25       Mizuho Corporate Bank of                   0.01
          California (4) (1974)(21)                  0.1
          555 W. 5th St.
          Los Angeles 90013



Rank      Bank (year established)                 Returns
          (Ranking in 2001)                (6 mos. ended 6/30/02)
          * name                            * on average assets
          * address                         * on average equity

 1        City National Bank                        1.6
          (1954) (2)                                19.5
          400 N. Roxbury Drive
          Beverly Hills 90210

 2        California National                       1.3
          Bank (1998) (15)                          13.6
          221 S. Figueroa St.
          Los Angeles 90012

 3        East West Bank (1973) (3)                 1.7
          415 Huntington Drive                      18.2
          San Marino 91108

 4        Cathay Bank (1962) (5)                    1.9
          777 N. Broadway St.                       19.4
          Los Angeles 90012

 5        GBC Bancorp (1980) (6)                    -0.8
          800 W. 6th St.                            -8.8
          Los Angeles 90017

 6        Farmers & Merchants Bank                  2.5
          of Long Beach (19070 (8)                  11.3
          302 Pine Ave.
          Long Beach 90802

 7        Melton 1st Business                       1.2
          Bank (1981) (9)                           7.7
          601 W. 5th St.
          Los Angeles 90071

 8        California Commerce                       -0.1
          Bank (1980) (7)                           -1.5
          2029 Century Park East,
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                           0.9
          (USA) (1995) (10)                         9.1
          22939 Hawthorne Blvd.
          Torrance 90505

 10       Community Bank (1945) (11)                1.2
          100 E. Corson St.                         13.8
          Pasadena 91103

 11       Far East National                         0.7
          Bank (1974) (12)                          6.4
          350 S. Grand Ave.
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)                    1.2
          3660 Wilshire Blvd.,                      13.5
          Suite A
          Los Angeles 90010

 13       Southern Pacific Bank (1982)              -2.7
          23530 Hawthorne Blvd.,                   -61.3
          Suite 200
          Torrance 90505

 14       Manufacturers Bank                        0.7
          (1962) (14)                               4.5
          515 S. Figueroa St.
          Los Angeles 90071

 15       Pacific Union                             1.5
          Bank (1974) (17)                          12.5
          3530 Wilshire Blvd.,
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National                  1.7
          Bank (1982)                                16
          606 Broadway
          Santa Monica 90401

 17       Nara Bank (1988) (18)                     2.8
          3701 Wilshire Blvd., Suite 220            32.1
          Los Angeles 90010

 18       U.S. Trust Company (1991)(23)             -0.8
          515 S. Flower St., Suite 2700             -5.3
          Los Angeles 90071

 19       California Center Bank (1986)             1.3
          3435 Wilshire Blvd., Suite 700            15.1
          Los Angles 90010

 20       United National Bank (1983)(19)           0.5
          2090 Huntington Drive                     5.6
          San Marino 91108

 21       Preferred Bank (1991)                     1.2
          601 S. Figueroa St., Suite 2125            13
          Los Angeles 90017


 22       Wilshire State Bank (1980)                1.5
          3200 Wilshire Blvd.                       21.1
          Los Angeles 90010

 23       Foothill Independent                      1.5
          Bancorp (1973) (22)                       15.5
          510 S. Grand Ave.
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)            1.4
          30343 Canwood St.                         14.7
          Agoura Hills 91301

 25       Mizuho Corporate Bank of                  0.1
          California (4) (1974)(21)                 1.0
          555 W. 5th St.
          Los Angeles 90013



Rank      Bank (year established)          Top Local Executive
          (Ranking in 2001)                * name
          * name                           * title
          * address                        * phone

 1        City National Bank               Russell Goldsmith
          (1954) (2)                       ceo, chairman
          400 N. Roxbury Drive             (310) 888-6000
          Beverly Hills 90210

 2        California National              Gregory Mitchell
          Bank (1998) (15)                 Ceo
          221 S. Figueroa St.              (213) 443-1400
          Los Angeles 90012

 3        East West Bank (1973) (3)        Dominic Ng
          415 Huntington Drive             ceo, chairman, president
          San Marino 91108                 (626) 799-5700

 4        Cathay Bank (1962) (5)           Dunson Cheng
          777 N. Broadway St.              president
          Los Angeles 90012                (213) 625-4700

 5        GBC Bancorp (1980) (6)           Peter Wu
          800 W. 6th St.                   ceo, president
          Los Angeles 90017                (213) 972-4270

 6        Farmers & Merchants Bank         Kenneth G. Walker
          of Long Beach (19070 (8)         ceo
          302 Pine Ave.                    (562) 437-0011
          Long Beach 90802

 7        Melton 1st Business              R. Daniel Woemer
          Bank (1981) (9)                  ceo, chairman
          601 W. 5th St.                   (213) 489-1000
          Los Angeles 90071

 8        California Commerce              Salvador Villar
          Bank (1980) (7)                  ceo, president
          2029 Century Park East,          (310) 203-3400
          Suite 4200
          Torrance 90505

 9        Chinatrust Bank                  Henry W. Peng
          (USA) (1995) (10)                ceo, president
          22939 Hawthorne Blvd.            (310) 791-2828
          Torrance 90505

 10       Community Bank (1945) (11)       Charles Jackson
          100 E. Corson St.                ceo, president
          Pasadena 91103                   (626) 577-1700

 11       Far East National                Robert B, Oehler
          Bank (1974) (12)                 president
          350 S. Grand Ave.                (213) 687-1200
          Los Angeles 90071

 12       Hanmi Bank (1982) (13)           Chung Hoon Youk
          3660 Wilshire Blvd.,             ceo, president
          Suite A                          (213) 382-2200
          Los Angeles 90010

 13       Southern Pacific Bank (1982)     John Getzelman
          23530 Hawthorne Blvd.,           ceo, president
          Suite 200                        (310) 442-3300
          Torrance 90505

 14       Manufacturers Bank               Takashi Fujishima
          (1962) (14)                      ceo, chairman
          515 S. Figueroa St.              (213) 489-6200
          Los Angeles 90071

 15       Pacific Union                    Wook Seok Hyun
          Bank (1974) (17)                 ceo, president
          3530 Wilshire Blvd.,             (213) 385-0909
          Suite 1800
          Los Angeles 90010
 16       Pacific Western National         Matt Wagner
          Bank (1982)                      ceo, president
          606 Broadway                     (310)458-1521
          Santa Monica 90401

 17       Nara Bank (1988) (18)            Benjamin Hong
          3701 Wilshire Blvd., Suite 220   ceo, president
          Los Angeles 90010                (213)639-1700

 18       U.S. Trust Company (1991)(23)    Jeffrey S. Maurer
          515 S. Flower St., Suite 2700    ceo, chairman
          Los Angeles 90071                (213)861-5000

 19       California Center Bank (1986)    Seon Hong Kim
          3435 Wilshire Blvd., Suite 700   ceo, president
          Los Angles 90010                 (213) 251-8588

 20       United National Bank (1983)(19)  Edward Lo
          2090 Huntington Drive            ceo, Chairman
          San Marino 91108                 (626) 457-8588

 21       Preferred Bank (1991)            Li Yu
          601 S. Figueroa St., Suite 2125  ceo, chairman,
          Los Angeles 90017                 president
                                           (213) 891-1188

 22       Wilshire State Bank (1980)       Soo Bong Min
          3200 Wilshire Blvd.              ceo, president
          Los Angeles 90010                (213)387-3200

 23       Foothill Independent             George Langley
          Bancorp (1973) (22)              ceo, president
          510 S. Grand Ave.                (626) 963-8551
          Glendora 91741

 24       Pacific Crest Bank (1974) (20)   Gary Wehrle
          30343 Canwood St.                ceo, president
          Agoura Hills 91301               (818)865-3300

 25       Mizuho Corporate Bank of         Eizo Ishiguro
          California (4) (1974)(21)        ceo, chairman,
          555 W. 5th St.                    president
          Los Angeles 90013                (213) 612-2700

(1) Bauer Financial Report Inc.'s 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, 2002 data.

***** Institutions with at least twice the capital required by
regulators.

**** Institutions that have capital significantly higher than the
regulatory requirement.

***+ Institutions with capital above the 3-star level that don't meet
the more stringent requirements for a 4-star rating.

*** Institutions that meet all current regulatory capital requirements
but don't meet the requirements for a 3+star rating.

(2) Tier-One (core) capital as a percent of risk-weighted assets.

(3) Total risk-based capital as a percent of risk-weighted assets.

(4) Formerly Dai-Ichi Kangyo Bank; formed out of merger among Dai- Ichi
Kangyo Bank, Fuji Bank and Industrial Bank.

Note: The financial information on this list was provided by the FDIC.
Banks are ranked by their assets as of June 30, 2002. A bank's ranking
does not reflect its relatives strength within the the industry. The
capital ratios and non-performing assets/loans can be used as indicators
of an institutions financial stability. Citizens Business Bank, No. 4
last year, was not included this year because it is based-in San
Bernardino County.

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]2002 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 Nicki Taylor
COPYRIGHT 2002 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Los Angeles Business Journal
Article Type:Directory
Geographic Code:1U9CA
Date:Sep 30, 2002
Words:4389
Previous Article:Publishing. (Newsmakers).(John P. Loughlin joins TV Guide Publishing Group)(Brief Article)
Next Article:Savings & Loan Associations.(based in Los Angeles County, ranked by assets)(Directory)(Statistical Data Included)
Topics:



Related Articles
Local banking industry job losses begin to subside; but depository institution employment 20% below peak. (Los Angeles County, California) (Banking...
Southern California Bank plans headquarters move.
Wells Fargo plans closure of 53 local branches. (Wells Fargo and Co.)
Banking & finance. (Los Angeles, CA)(1997 Business Almanac)
L.A.'s business base, size lure outside banks here. (Los Angeles, California, banking industry)(Special Report: Banking & Finance)(Industry Overview)
SBA lenders ranked by value of loans awarded in L.A. County.(Directory)
L.A. COUNTY-BASED BANKS.(ranked by assets)(Brief Article)(Statistical Data Included)
L.A. COUNTY-BASED BANKS.(Illustration)(Statistical Data Included)
Savings & Loan Associations.(based in Los Angeles County, ranked by assets)(Directory)(Statistical Data Included)
L.A. County-based banks: ranked by assets as of June 30, 2006.(FINANCE)(Statistical table)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles