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    Wilshire Bancorp Inc. (WIBC)

    11.29 Down 0.20(1.74%) 11:56AM EDT - Nasdaq Real Time Price
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    Wilshire Bancorp Inc.
    3200 Wilshire Boulevard
    Los Angeles, CA 90010
    United States - Map
    Phone: 213-387-3200
    Website: http://www.wilshirebank.com

    Index Membership:N/A
    Industry:Regional - Midwest Banks
    Full Time Employees:569

    Business Summary 

    Wilshire Bancorp, Inc. operates as the holding company for Wilshire Bank that offers a range of financial products and services. It operates through three segments: Banking Operations, Small Business Administration Lending Services, and Trade Finance Services. The company offers regular savings accounts, money market accounts, checking and negotiable order of withdrawal accounts, installment savings accounts, individual retirement accounts, and certificates of deposit. It also provides commercial real estate loans; home mortgage loans; commercial business loans, such as business lines of credit and business term loans; small business administration lending services; consumer loans, including personal loans, auto loans, and other loans; and construction lending services. In addition, the company offers trade finance services comprising issuance and negotiation of letters of credit, handling of documentary collections, advising and negotiation of commercial letters of credit, transfer and issue back-to-back letters of credit, and trade finance lines of credit. Further, it invests in securities of government sponsored enterprises, mortgage backed securities, collateralized mortgage obligations, corporate securities, and municipal securities; and offers Internet banking, ATM, mobile banking, and armored carrier services. The company operates through a network of 35 full-service branch offices located in Southern California, Texas, Alabama, Georgia, New Jersey, and the greater New York City metropolitan area; and 6 loan production offices located in California, Colorado, Georgia, and Washington. Wilshire Bancorp, Inc. was founded in 1980 and is headquartered in Los Angeles, California.

    Key Statistics

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    Corporate Governance 
    Wilshire Bancorp Inc.’s ISS Governance QuickScore as of May 1, 2016 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 3; Compensation: 8.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Jae Whan Yoo , 67
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Wilshire Bank, Pres of Wilshire Bank and Director of Wilshire Bank
    Mr. Gunho Ko , 50
    Chief Financial Officer and Exec. VP
    Mr. Peter Koh , 39
    Chief Credit Officer, Exec. VP, Chief Credit Officer of Wilshire Bank and Exec. VP of Wilshire Bank
    Ms. Kim Pai , 56
    Chief Legal & HR Officer, Exec. VP, Corp. Sec., Chief Legal & HR Officer of Wilshire State Bank , Exec. VP of Wilshire Bank and Corp. Sec. of Wilshire Bank
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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