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:
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:
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:
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 AmericaManhattan (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
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