December 22, 2014 4:35 PM ET

Banks

Company Overview of Wilshire Bank

Company Overview

Wilshire Bank provides personal and commercial banking services. Its deposit products include checking, savings, and money market accounts; and certificates of deposit. The company’s portfolio of loans comprises home mortgages, such as fixed rate program, adjustable rate program, home equity line of credit, and mortgage programs; and commercial loans, small business administration loans, construction lending, and trade finance. Wilshire Bank also offers Visa credit cards, safe deposit boxes, and wire transfers; and mobile banking, Internet banking, and file transfer services. In addition, the company provides treasury management services, including collection, payment, and information report...

3200 Wilshire Boulevard

Suite 1400

Los Angeles, CA 90010

United States

Founded in 1980

Phone:

213-387-3200

Fax:

213-427-6562

Key Executives for Wilshire Bank

Chief Financial Officer
Age: 48
Chief Operations Administrator and Executive Vice President
Age: 53
Chief Executive Officer of Wilshire Bancorp Inc. and President of Wilshire Bancorp Inc.
Age: 65
Senior Vice President and SBA Division Manager
Compensation as of Fiscal Year 2014.

Wilshire Bank Key Developments

Wilshire Bank Promotes Elaine Jeon as Executive Vice President and Chief Operations Administrator, Effective from July 1, 2014

On June 25, 2014, the board of directors of Wilshire Bank, promoted Elaine Jeon to Executive Vice President and Chief Operations Administrator of the Bank. The promotion becomes effective on July 1, 2014. In this position, Ms. Jeon will continue to manage the deposit operations administration, corporate services, facilities, and advertising and public relations departments. For the past 4 years, Ms. Jeon has been serving as the Bank's Senior Vice President and Chief Operations Administrator. Prior to becoming the Bank's Chief Operations Administrator, Ms. Jeon served as the Bank's Deputy Chief Financial Officer for two years.

Chris Kong Joins Wilshire Bank as Senior Vice President & SBA Manager

Wilshire Bank announced that Chris Kong has joined its subsidiary bank as Senior Vice President & SBA Division Manager, where he will be responsible for leading all of its SBA loan production offices across the United States. Mr. Kong was previously with BBCN Bank, where he was a Senior Vice President and held the positions of SBA Regional Manager and SBA Manager while with the company.

Wilshire Bancorp Inc. Announces Board of Directors Changes

Wilshire Bancorp Inc., and Wilshire Bank (the Bank), announced that Kyu-Hyun Kim and Young Hi Pak will retire from both the company's Board of Directors and the Bank's Board of Directors, effective December 31, 2013. Both Mr. Kim and Mrs. Pak served on the Board of Directors of the holding company and the Bank for 20 years. The company also announced that Steven J. Didion and Daisy Y. Ha have been elected to the Board of Directors of Wilshire Bancorp as Class III directors, effective January 1, 2014. Mr. Didion will serve as a member of the Company's Nominating/Corporate Governance/Human Resources Committee, the chairman of the Bank's Asset/Liability Management Committee, and a member of the Bank's Information Technology Committee. Ms. Ha will serve as a member of the company's Nominating/Corporate Governance/Human Resources Committee and Audit Committee, in addition to serving as a member of the Bank's Asset/Liability Management Committee and Compliance/Community Reinvestment Act Committee. Steven J. Didion is currently General Partner and Portfolio Manager of JCSD Partners, LP. Mr. Didion has spent the past 25 years working with large and small banks, including serving as CEO of Hoefer & Arnett, and initiated its eventual merger with Howe Barnes to form Howe Barnes Hoefer & Arnett Inc. Mr. Didion is currently on the Board of Directors of Rock Bancshares and Heartland Bank.

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