Nara Bank
Los Angeles, CA — State Member Bank
Acquired Dec 2011
Vitals
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Total Assets3.0B 1.1 %
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Total Deposits2.3B 2.6 %
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Total Net Loans2.2B 6.1 %
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Net Income25.2M 306.5 %
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Book Value412.5M 8.8 %
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Book Value x2825.0M 8.8 %
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Book Value x31.2B 8.8 %
Balance Sheet Highlights
Financial Highlights | Nara Bank | All Insured Commercial Banks in California |
Balance Sheet $(000) | ||
Total Assets | 3,013,513 | 599,445 |
Total Net Loans | 2,239,461 | 364,573 |
Total Deposits | 2,274,021 | 457,667 |
Total Equity | 412,493 | 80,536 |
Profitability | ||
Net Income | 25,213 | 4,029 |
Return on Average Assets | 1.14 | .432 |
Return on Average Equity | 8.478 | 3.408 |
Net Interest Margin | 4.251 | 4.096 |
Efficiency Ratio | 44.644 | 76.538 |
Noninterest Income/Revenue | 12.419 | 13.612 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 98.48 | 77.65 |
Securities/Assets | .151 | .154 |
Total Equity/Total Assets | .137 | .134 |
Tangible Equity/Tangible Assets | .135 | .128 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 394,283 | 70,828 |
Tier 2 Capital | 30,493 | 5,333 |
Total Capital | 424,776 | 76,140 |
Total Risk Weighted Assets | 2,400,274 | 411,537 |
Leverage Ratio | 13.26 | 11.957 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.43 | 16.752 |
Total Capital Ratio | 17.7 | 18.036 |
Timeline for Nara Bank
Asiana Bank
Acquisition: Nara Bank acquired a new subsidiary, Asiana Bank, 20 years
View Profile Aug 26 2003Nara Capital Holdings, Inc.
Nara Capital Holdings, Inc. became a new subsidiary organization for Nara Bank.
View Profile Apr 04 2003Hope Bancorp, Inc.
Hope Bancorp, Inc. became a new parent organization for Nara Bank.
View Profile Feb 02 2001Nara Loan Center Corporation
Nara Loan Center Corporation became a new subsidiary organization for Nara Bank.
View Profile Sep 01 2000Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bank Of Hope | Buyer | 13,501,376 | Acquisition | Discontinued | 12/1/2011 |
Asiana Bank | Seller | 36,500 | Acquisition | Discontinued | 8/26/2003 |
Korea First Bank Of New York | Seller | 75,629 | Acquisition | Discontinued | 2/26/2000 |
Relationships | Role | Relationship Start | Relationship End |
Hope Bancorp, Inc. | Parent | 2/2/2001 | 11/30/2011 |
Nara Capital Holdings, Inc. | Subsidary | 6/30/2007 | 7/21/2009 |
Nara Loan Center Corporation | Subsidary | 6/30/2007 | 4/22/2008 |
Nara Loan Center Corporation | Subsidary | 9/1/2000 | 6/29/2007 |
Nara Capital Holdings, Inc. | Subsidary | 4/4/2003 | 6/29/2007 |
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