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Friday, December 11, 2009, 9:49PM ET - U.S. Markets Closed. Dow Up 0.63% Nasdaq Down 0.03%
Wilshire Bancorp Inc. (WIBC)At 4:00PM ET: 7.29  Up 0.04 (0.55%)  
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Wilshire Bancorp Inc.
3200 Wilshire Boulevard
Los Angeles, CA 90010
United States - Map
Phone: 213-387-3200
Fax: 213-427-6584
Web Site: http://www.wilshirebank.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:N/A
Industry:N/A
Full Time Employees:389

BUSINESS SUMMARY 
Wilshire Bancorp, Inc. operates as the holding company for Wilshire State Bank that offers community banking products and services. The company focuses on commercial real estate lending and general commercial banking, with its primary market encompassing the multi-ethnic populations of the Los Angeles Metropolitan area. It offers various deposit products, including regular savings, money market, checking and negotiable order of withdrawal, installment savings, and individual retirement accounts, as well as comprising certificates of deposits. The company’s loan portfolio consists of commercial real estate and home mortgage loans, commercial business loans, trade finance, small business administration lending, and construction lending, as well as includes consumer loans, such as automobile and personal loans. It also offers trade finance related products and services, which include issuance and collection of letters of credit, international collection, and import/export financing. In addition, the company provides Internet banking, automatic teller machines, and armored carrier services. Further, it operates as a SBA preferred lender in the United States. As of April 21, 2009, the company operated 21 branch offices in California, Texas, New Jersey, and New York; and 5 loan production offices in Dallas and Houston, Texas; Atlanta, Georgia; Denver, Colorado; and Annandale, Virginia. The company was founded in 1980 and is headquartered in Los Angeles, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Wilshire Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 25.8% of S&P 600 companies and 68.4% of Banks companies.
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    KEY EXECUTIVES 
     PayExercised
    Ms. Joanne Kim , 55
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Wilshire State Bank, Pres of Wilshire State Bank of Wilshire State Bank
    $ 297.00K $ 0
    Mr. Gunho Ko , 43
    Chief Financial Officer, Sr. VP and Sr. VP of Wilshire State Bank
    $ 160.00K $ 0
    Mr. Sung Soo Han , 52
    Chief Lending Officer, Exec. VP, Chief Lending Officer of Wilshire State Bank and Exec. VP of Wilshire State Bank
    $ 201.00K $ 0
    Ms. Elaine S. Jeon , 48
    Deputy Chief Financial Officer, Sr. VP, Controller, Deputy Chief Financial Officer of Wilshire State Bank and Controller of Wilshire State Bank
    $ 176.00K $ 0
    Mr. Seung Hoon Kang ,
    Chief Credit Officer and Chief Credit Officer of Wilshire State Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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