The List L.A
Total Page:16
File Type:pdf, Size:1020Kb
OCTOBER 29, 2018 MONTH IN SUPPORT OF BREAST CANCER NEXT WEEK AWARENESS BANKS THE LIST L.A. County-based; ranked by assets as of June 30 The Largest Apparel Companies in L.A. County Rank Bank ($ in millions, as of June 30) Capital Noncurrent Returns Profile Top Executive • name Ratios Ratios • on average • employees3 • name • address Assets Deposits YTD Net Income • tier one1 • % of total assets • branches • title • website • 2018 • 2018 (Loss) • total risk- assets • on average • year founded • phone • 2017 • 2017 • 2018 based2 • % of total loans equity • % change • % change • 2017 (Jan. 1-June 30) City National Bank $48,316 $42,309 $296.7 10.6% 0.2% 1.2% 4,668 Russell Goldsmith 1 555 S. Flower St. $46,211 $40,771 $179.5 13.3% 0.3% 14.7% 80 CEO, Chairman Los Angeles 90071 5 4 1954 (310) 888-6000 cnb.com CIT Bank (OneWest)4 41,665 31,992 202.7 13.9 1.6 1 3,275 Ellen Alemany 2 95 S. Lake Ave. 41,181 31,912 259 15.2 2.3 8 71 CEO, Chairwoman, President Pasadena 91101 1 0 1908 (800) 669-2300 bankoncit.com East West Bank 38,046 32,972 363.9 12.1 0.3 1.9 2,863 Dominic Ng 3 135 N. Los Robles Ave., Seventh Floor 35,887 31,280 285.5 13.2 0.4 18.3 113 CEO, Chairman Pasadena 91101 6 5 1972 (626) 768-6000 eastwestbank.com Pacific Western Bank 24,500 18,161 245.2 11.4 0.5 2 1,810 Matthew Wagner 4 9701 Wilshire Blvd., Suite 700 22,223 17,366 179.5 12.2 0.7 9.7 78 CEO, President Beverly Hills 90212 10 5 1982 (310) 887-8500 pacificwesternbank.com Cathay Bank 16,175 13,179 144.8 13.6 0.4 1.8 1,246 Pin Tai 5 777 N. Broadway 14,306 11,500 103.4 14.5 0.4 13.4 68 CEO, President Los Angeles 90012 13 15 1962 (213) 625-4700 cathaybank.com Bank of Hope5 14,870 11,767 102.8 13.8 0.8 1.4 1,504 Kevin Kim 6 3200 Wilshire Blvd., 14th Floor 13,853 10,969 80.3 14.5 1 10 67 CEO, President Los Angeles 90010 7 7 1986 (213) 639-1700 bankofhope.com Farmers and Merchants Bank of Long Beach 7,274 5,589 42.8 18.9 0.2 1.2 737 Daniel Walker 7 302 Pine Ave. 6,908 5,328 36.6 20.1 0.4 8.8 24 CEO, Chairman Long Beach 90802 5 5 1907 (562) 437-0011 fmb.com Hanmi Bank 5,416 4,443 34.9 14.1 0.3 1.3 661 C.G. Kum 8 3660 Wilshire Blvd., Suite A 4,976 4,273 31.1 14.9 0.3 10.4 41 CEO, President Los Angeles 90010 9 4 1982 (213) 382-2200 hanmi.com Preferred Bank 3,960 3,410 34 10.1 1.4 1.8 258 Li Yu 9 601 S. Figueroa St., 29th Floor 3,581 3,121 22 13.6 1.6 18.4 13 CEO, Chairman Los Angeles 90017 11 9 1991 (213) 891-1188 preferredbank.com Community Bank 3,714 2,865 15.8 11.3 0.3 0.8 356 David Misch 10 460 Sierra Madre Villa 3,749 2,747 16.1 12.5 0.4 9 17 CEO Pasadena 91107 (1) 4 1983 (626) 577-1700 cbank.com CTBC Bank Corp. (USA) 3,338 2,819 20.6 17.4 0.1 1.3 318 Noor Menai 11 801 S. Figueroa St., Suite 2300 3,208 2,674 13.6 18.6 0.1 9.1 13 CEO, President Los Angeles 90017 4 5 1965 (310) 791-2828 ctbcbankusa.com Grandpoint Bank 3,103 2,510 17.6 10.2 0.2 1.1 264 Don Griffith 12 355 S. Grand Ave., Suite 2400 3,247 2,472 17.2 11 0.3 10.3 17 CEO, Chairman Los Angeles 90071 (4) 2 2007 (213) 542-2700 grandpointbank.com Manufacturers Bank 2,520 2,035 12 13.4 0.3 0.9 269 Fumihiko Kusakabe 13 515 S. Figueroa St., Fourth Floor 2,579 2,045 7.8 14.6 0.4 7.1 10 CEO, Chairman Los Angeles 90071 (2) (0) 1962 (213) 489-6200 manufacturers-ca.com American Business Bank 2,021 1,808 6.2 13.7 0.1 0.6 184 Leon Blankstein 14 523 W. 6th St., Suite 900 1,785 1,597 7.1 14.9 0.2 8 5 CEO, President Los Angeles 90014 13 13 1998 (213) 430-4000 americanbusinessbank.com 1 Tier one (core) capital as a percent of risk-weighted assets. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical errors 2 Total risk-based capital as a percent of risk-weighted assets. sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles 3 Full-time equivalent employees. Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ©2018 Los Angeles Business Journal. This list 4 CIT Bank N.A. acquired and operates OneWest Bank. may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright’s Media (877) 652-5295. 5 Includes information for BBCN Bank and Wilshire Bank. NA - Not Available N/A - Not Applicable. To the best of our knowledge, this information is accurate as of press time. Researched by Joshua Niv Continued on page 12 010-14_BANK_list.indd 10 10/25/18 8:03 PM 12 LOS ANGELES BUSINESS JOURNAL THE LIST OCTOBER 29, 2018 BANKS Continued from page 10 Rank Bank ($ in millions, as of June 30) Capital Noncurrent Returns Profile Top Executive • name Ratios Ratios • on average • employees3 • name • address Assets Deposits YTD Net Income • tier one1 • % of total assets • branches • title • website • 2018 • 2018 (Loss) • total risk- assets • on average • year founded • phone • 2017 • 2017 • 2018 based2 • % of total loans equity • % change • % change • 2017 (Jan. 1-June 30) Royal Business Bank $1,814 $1,478 $19.9 18.1% 0.1% 2.3% 242 Alan Thian 15 660 S. Figueroa St., Suite 1888 $1,528 $1,293 $15 19.1% 0.1% 14.6% 14 CEO, President Los Angeles 90017 19 14 2008 (213) 627-9888 royalbusinessbankusa.com Pacific City Bank 1,619 1,428 11.6 12.4 0.1 1.5 232 Haeyoung Cho 16 3701 Wilshire Blvd., Suite 100 1,363 1,179 9.4 13.4 0.2 15.8 13 CEO, President Los Angeles 90010 19 21 2003 (213) 210-2000 paccity.net CBB Bank 1,137 986 9.2 13.2 0.1 1.7 173 Joanne Kim 17 3435 Wilshire Blvd., Suite 700 994 868 7.3 14.3 0.1 15.5 8 CEO, President Los Angeles 90010 14 14 2005 (323) 988-3000 cbb-bank.com Malaga Bank 1,062 748 7.8 24.2 0 1.5 77 Randy Bowers 18 2514 Via Tejon 1,020 766 6.3 24.7 0 11.2 5 CEO, President Palos Verdes Estates 90274 4 (2) 1985 (310) 375-9000 malagabank.com Open Bank 979 823 7 14.9 0.1 1.5 138 Min Kim 19 1000 Wilshire Blvd., Suite 500 835 733 4.6 16.1 0.1 12.8 8 CEO, President Los Angeles 90017 17 12 2005 (213) 892-9999 myopenbank.com First Choice Bank 963 786 6.2 13.5 0.2 1.3 102 Robert Franko 20 17785 Center Court, Suite 750 913 757 4.4 14.7 0.2 11.3 6 CEO, President Cerritos 90703 5 4 2005 (562) 345-9092 firstchoicebankca.com First General Bank 911 792 10.6 14.6 0.2 2.3 72 Cliff Hsu 21 1744 S. Nogales St. 904 799 7.1 15.6 0.2 19.6 5 CEO, President Rowland Heights 91748 1 (1) 2005 (626) 820-1234 fgbusa.com EverTrust Bank 848 663 5.9 22.6 0.1 1.4 98 Jesse C.K. Kung 22 2 N. Lake Ave., Suite 1030 873 671 4.8 23.9 0.1 7.1 8 CEO, President Pasadena 91101 (3) (1) 1995 (626) 993-3800 evertrustbank.com State Bank of India (California) 737 599 5.6 22.6 0 1.5 93 Rama Mohan Rao Amara 23 707 Wilshire Blvd., Suite 2900 633 488 2.8 23.8 0 8.4 8 CEO Los Angeles 90017 16 23 1982 (213) 623-7250 sbical.com Pacific Commerce Bank4 552 478 3.4 14.5 0.1 1.2 79 N/A4 24 N/A 527 458 2.9 15.5 0.2 9.4 6 5 4 2002 First Commercial Bank (USA) 531 408 3.6 24.7 0 1.4 75 Bruce Ju 25 200 E. Main St. 534 418 2.4 25.9 0 6.1 6 CEO Alhambra 91801 (0) (2) 1997 (626) 300-6000 bankfcb.com GBC International Bank 528 414 0.6 14.7 0.1 0.3 100 Dennis Lam 26 5670 Wilshire Blvd., Suite 1780 492 385 1.2 15.9 0.2 2.3 9 CEO, President Los Angeles 90036 7 8 1976 (310) 826-4228 gbcib.com American Plus Bank 507 410 4.2 13.9 0.3 1.7 44 Lucilio Couto 27 630 W. Duarte Road 479 394 3.4 15.2 0 12.9 3 CEO, President Arcadia 91007 6 4 2007 (626) 821-9188 bankaplus.com First Credit Bank 465 269 11.7 46 8.8 5.1 27 Farhad Ghassemieh 28 9255 Sunset Blvd.