Weekly profile.NARA Nara (nä`rä), city (1990 pop. 349,349), capital of Nara prefecture, S Honshu, Japan. An ancient cultural and religious center, it was founded in 706 by imperial decree and was modeled after Chang'an (see Xi'an), the capital of T'ang China. BANCORP INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (NARA) Business Overview Nara Bancorp Inc. serves as the holding company for Nara bank, a California state-chartered bank (the bank) that offers a range of commercial banking and consumer financial services. Through its network of 18 branches and eight loan production offices, Nara bank offers a full range of commercial banking and consumer financial services to its customers, who typically are individuals and small- to medium-sized businesses in its market areas. The bank accepts deposits and originates a variety of loans including commercial loans, commercial real estate loans, trade finance, small business administration (SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government ) loans, automobile and various consumer loans. Each of its branches operates 24-hour automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. . Nara bank provides courier services to qualifying customers and offer personal banking officers to key customers to better support their banking needs. The bank honors merchant drafts for both VISA and MasterCard and provides debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. services to its customers. In addition, most of its branches offer travelers' checks, safe deposit boxes, notary public A public official whose main powers include administering oaths and attesting to signatures, both important and effective ways to minimize Fraud in legal documents. and other customary bank services. It also offers 24-hour banking by telephone. Income Statement LTM * 2005 ** Revenue (millions) $147 $117 Operating Income (millions) 54.9 45.7 Net Income (millions) 32.4 26.9 EPS $1.23 $1.07 * Latest Twelve Months Ending 9/2006 ** Fiscal Year Ending 12/2005 Summary Headquarters: Los Angeles Market Cap: $540 million Dividend Yield: 0.54% P/E Ratio: 16.6 |
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