Bank Account 22% 28% 20% 30% Fewer Charters
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Bank Charts Bank Account The year-over-year percent change in assets for L.A. County’s 50 largest banks as of June 30. 30 20 28 22 Negative 0-10% 10-20% 20%+ Firms by Category Bank Charts Fewer Charters The largest private companies by industry groups. The numberBank Account of banks and thrifts chartered in Los Angeles County as of June 30. Manufacturing 85 The82 year-over-year 84 percent82 change84 in assets88 for L.A.85 County’s 81 50 largest77 banks as72 of June Food Distribution 200330. 2004 2005 2006 2007 2008 2009 2010 2011 2012 Construction 30 20 28 22 Finance Negative 0-10% 10-20% 20%+ Technology More Dollars Firms by Category Automotive TotalFewer assets Charters of L.A. County-based banks and thrifts as of June 30. The largest private companies by industry groups. Food/Retail The number of banks and thrifts chartered in Los Angeles County as of June 30. Manufacturing Logistics 85 82 84 82 84 88 85 81 77 72 Food Distribution (in billions) Real Estate 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Construction $84 95 108 123 133 137 128 133 140 143 Finance Apparel/Retail 2003More 2004 Dollars 2005 2006 2007 2008 2009 2010 2011 2012 Technology 0 5 10 15 20 25 Source:Total Federal assets of DepositL.A. County-based Insurance banks Corp. and thrifts as of June 30. Automotive Food/Retail Logistics (in billions) Real Estate $84 95 108 123 133 137 128 133 140 143 Apparel/Retail NOVEMBER 5, 2012 LOS ANGELES BUSINESS JOURNAL 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 0 5 10 15 20 25 15 Source: Federal Deposit Insurance Corp. BANKS NEXT WEEK The Largest Credit Unions and THE LIST L.A. County-based; ranked by assets as of June 30 Financial Institutions in L.A. County THE TRENDS Bank Account Fewer Charters More Dollars The year-over-year percent change in assets for The number of banks and thrifts chartered in Los Angeles County as of June 30. Total assets of L.A. County-based banks and thrifts as of June 30. L.A. county’s 50 largest banks as of June 30. 90 $150 30% 20% (in billions) Negative 0-10% 85 90 $150 120 (in billions) 8085 120 90 7580 90 60 7075 60 70 65 30 22% 28% 65 30 60 0 More than 10-20% 60 0 20% 2003 20042004 2005 2005 2006 20062007 20082007 2009 2008 2010 20092011 20122010 2011 20122003 2004 2005 2006 20032007 20082004 2009 2005 2010 20062010 20122007 2008 2009 2010 2010 2012 Source: Federal Deposit InsuranceSource: Corp. Federal Communications Commission Source: Federal Communications Commission Rank Bank Assets1 Deposits1 Net Income2 Capital Non-Current Returns Profile Top Executive ¥ name ¥ 2012 ¥ 2012 ¥ 2012 Ratios Ratios ¥ on average assets ¥ employees ¥ name THE PACESETTER 3 ¥ address ¥ 2011 ¥ 2011 ¥ 2011 ¥ tier one ¥ % of total assets ¥ on average equity ¥ branches ¥ title ¥ website ¥ % change ¥ % change (Jan. 1-June 30) ¥ total risk- ¥ % of total loans (Jan. 1-June 30) ¥ year ¥ phone ITY National Bank is the (loss) (loss) based4 founded largest bank headquar- Ctered in Los Angeles City National Bank $24,419 $21,222 $105 11.3% 1.7% 0.9% 3,040 Russell Goldsmith 555 TotalS. Flower Sales St. $22,148 $19,330 $88 14.5% 2% 9.1% 85 chairman, ceo County, with assets of $24.4 Source: Business Journal research 11 Source: Business Journal research billion as of June 30. Assets of Los RevenueAngeles at 90071 Los Angeles County’s 100 largest private companies.10 10 1953 (310) 888-6000 the L.A. bank increased by 10 cnb.comTotal Sales (in billions) (in thousands) (in millions) Source: Business Journal research percent from a year ago. EastRevenue West at Bank Los Angeles County’s 100 largestTotal21,516 private Sales companies.17,500 141Source: Business14.5 Journal research 2.4 1.3 2,064 Dominic Ng The bank is a wholly owned 2 135 N. Los Robles Ave., Seventh Floor Revenue21,862 at Los Angeles17,246 County’s 100 largest120 private companies.16.1 2.9 12.1 124 chairman, ceo subsidiary of holding com- Pasadena 91101 (2) 1 (in billions) (in thousands) (in millions)1972 (626) 768-6000 pany City National Corp. The eastwestbank.com Total Sales parent company announced Cathay Bank 10,645 Revenue7,421 at Los Angeles County’s60 10016.4 largest private companies.1.9 1.1 1,045 Dunson K. Cheng that 2012’s third quarter was 777 N. Broadway 10,518 7,138 48 18.3 1.8 7.5 53 chairman, ceo, president its 78th consecutive profit- 3 Los AngelesCelling 90012 Out 1 4 Tick Tock 1962 (213) 625-4700 able quarter. Third quarter net cathaybank.comThe number of wireless subscribers in the United States continues to grow. Average minutes of use per month per wireless subscriber. Firms by Category income was $59.8 million, up CapitalSource Bank 7,060 5,382 55 14.9 1.5 1.6 519 Tad Lowrey The largest private companies by industry groups. 44 percent from $41.4 million 633 W. Fifth300 St. 6,372 4,786 800 60 16.2 1.9 10.7 24 chairman, ceo in the third quarter last year. 4 (in millions) 280 Los AngelesCelling260 90071 Out 11 12 720 Tick Tock 2008 (213) 443-7700 In capitalsourcebank.com 250 The number of wireless subscribers in the United States continues to grow. Average minutes of use per month per wireless subscriber. addition 220 640 Firms by Category Pacific Western Bank 5,304 4,606 23 15 3.4 0.8 997 Matthew P. Wagner 220 to com- The largest private companies by industry groups. 10250 Constellation180 Blvd. 5,379 4,507 560 28 16.3 3.1 7.2 78 ceo mercial 5 300 800 190 Los Angeles 90067(in millions) (1) 2 1982 (310) 286-1144 280 bank- 140 480 160 pacificwesternbank.com260 720 ing, City 130 250 BBCN Bank1005 5,046 3,905 400 47 15 1.7 1.8 653 Alvin Kang National 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 3731 Wilshire220 Blvd., Suite 1000 2,965 2,241 15 16.2640 2.1 12.2 48 ceo, president 100 has a 6 Source: Federal Communications Commission 2002 2003 2004 2005 2006 2007 2008 2009 2010220 2011 6 Los Angeles 90010 70 74 1989 (213) 639-1700 wealth 560 Goldsmith bbcnbank.com180 190 manage- ment division that manages Farmers and140 Merchants Bank of Long 4,780 3,484 35 27.6480 1.9 1.5 591 Daniel Walker/Henry Walker 160 Beach 4,321 3,058 59 28.9 3.4 10.3 21 chairman, ceo/president or administers $56.7 billion in 7 130 302 Pine 100Ave. 11 14 400 1907 (562) 437-0011 assets. It expanded its wealth 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 management in July with the Long Beach 90802 100 Source: Federal Communications Commission 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 acquisition of New York-based fmb.com Rochdale Investment Manage- Hanmi Bank 2,842 2,417 66 17.8 1.7 4.7 461 Jay S. Yoo ment, a $4.8 billion firm. 8 3660 Wilshire Blvd., Suite A 2,706 2,406 23 19.1 2.3 35.8 28 ceo, president City National was founded Los Angeles 90010 5 0 1982 (213) 382-2200 in 1954 to serve the entertain- hanmi.com ment and real estate industries Community Bank 2,793 2,078 12 12 2 0.9 377 David P. Malone in Southern California. 9 790 E. Colorado Blvd. 2,619 2,022 12 13.3 2.7 8.7 18 ceo, president – David Nusbaum Pasadena 91101 7 3 1983 (626) 577-1700 cbank.com Wilshire State Bank 2,588 2,196 40 17.6 2.5 3 408 Jae Whan Yoo 10 3200 Wilshire Blvd. 2,671 2,168 (53) 18.9 2.9 22.7 24 ceo, president KOREATOWN: BBCN was Los Angeles 90010 (3) 1 1980 (213) 387-3200 formed last December when wilshirebank.com the parent companies of Center Manufacturers Bank 2,057 1,633 3 16.7 0.8 0.3 257 Mitsugu Serizawa Bank and Nara Bank agreed 11 515 S. Figueroa St. 1,924 1,469 2 18 1.2 2.3 10 chairman, ceo to a merger of equals. The Los Angeles 90071 7 11 1962 (213) 489-6200 $5.2 billion bank is the largest manufacturers-ca.com Korean American bank in the Banamex USA 1,430 1,140 (2) 37.4 0.2 -0.2 253 Salvador Villar country. 12 2029 Century Park East, Suite 4200 1,343 1,047 4 38.7 0.5 -1.2 11 chairman, ceo Century City 90067 7 9 1963 (800) 222-1234 banamexusa.com 1 In millions as of June 30. non-performance asset ratios can be used as indicators of an institution's financial 2 In millions. security. To the best of our knowledge, this information is accurate as of press time. While 3 Tier one (core) capital as a percent of risk-weighted assets. every effort is made to ensure the accuracy and thoroughness of the list, omissions and 4 Total risk-based capital as a percent of risk-weighted assets. typographical errors sometimes occur. Please send corrections or additions on company 5 letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire The 2011 financials for BBCN Bank are for Center Bank only and exclude figures from its Blvd., Suite 170, Los Angeles 90036.