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Center Financial Corp

 
Hoover's Profile: Center Financial Corporation
(NASDAQ (GS):CLFC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Center Financial Corporation
3435 Wilshire Blvd., Ste. 700
Los Angeles, CA 90010
CA Tel. 213-251-2222
Fax 213-386-6774

Type: Public
On the web: http://www.centerbank.com
Employees: 316
Employee growth: (14.1%)

Center Financial wants to be in the middle of your finances. Center Financial Corporation is the holding company for Center Bank, which has about 15 branches in Southern California, as well as in Chicago and Seattle. It also operates nearly ten additional loan production offices scattered across the US mainland and Hawaii in areas heavily concentrated with Korean-American businesses and individuals, Center Financial's target market. The bank focuses on commercial lending, including mortgages, Small Business Administration loans, and short-term trade finance for importers/exporters.

Key numbers for fiscal year ending December, 2008:
Sales: $90.0M
One year growth: (1.3%)
Net income: $0.2M
Income growth: (99.0%)

Officers:
Chairman: Jin Chul Jhung
President, CEO and Director: Jae Whan (J. W.) Yoo
SVP and COO: Sook Kyong Goo

Competitors:
Hanmi Financial
Nara Bancorp
Wilshire Bancorp

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