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    Wilshire Bancorp Inc. (WIBC)

    9.48 Up 0.12(1.28%) 2:21PM EST - 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:541

    Business Summary 

    Wilshire Bancorp, Inc. operates as the holding company for Wilshire Bank that offers a range of financial products and services. The company operates in three segments: Banking Operations, Trade Finance Services, and Small Business Administration Lending Services. Its deposit products include certificates of deposit, regular savings accounts, money market accounts, checking and negotiable order of withdrawal accounts, installment savings accounts, and individual retirement accounts. The company’s loan products comprise commercial real estate loans to finance or refinance the existing mortgages on properties, such as retail shopping centers, office buildings, industrial buildings, warehouses, hotels, automotive industry facilities, apartment buildings, and other commercial properties; construction loans; home mortgage loans; commercial business loans consisting of business lines of credit and business term loans; Small Business Administration lending services; and consumer loans, such as personal loans, auto loans, and other loans. It also provides 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. In addition, the company offers Internet banking services, ATMs, mobile banking, and armored carrier services. As of April 21, 2014, it operated 35 branch offices in California, Texas, New Jersey, and New York; and 7 loan production offices in Dallas, Texas; Atlanta, Georgia; Aurora, Colorado; Annandale, Virginia; Palisades Park, New Jersey; Newark, California; and New York, New York. Wilshire Bancorp, Inc. was founded in 1980 and is headquartered in Los Angeles, California.

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    Corporate Governance 
    Wilshire Bancorp Inc.’s ISS Governance QuickScore as of Jan 1, 2015 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 2; Compensation: 8.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Jae Whan Yoo , 66
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Wilshire Bank, Pres of Wilshire Bank and Director of Wilshire Bank
    Mr. Gunho Ko , 49
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    Ms. Lisa Kim Pai , 55
    Chief Legal & HR Officer, Exec. VP, Corp. Sec., Chief Legal & HR Officer of Wilshire State Bank, Exec. VP of Wilshire State Bank and Corp. Sec. of Wilshire State Bank
    Mr. Peter Koh , 38
    Chief Credit Officer, Exec. VP, Chief Credit Officer of Wilshire State Bank and Exec. VP of Wilshire State Bank
    Ms. Elaine S. Jeon , 54
    Chief Operations Administrator, Exec. VP, Chief Operations Administrator of Wilshire State Bank and Exec. VP of Wilshire State Bank
    Amounts are as of Dec 31, 2013 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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