Fact Sheet

Bailout Bank Bio: Center Financial Corporation

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January 27, 2009
Programs: Budget & Tax

Center Bank logoCenter Financial Corporation is the bank holding company for Center Bank. As of the end of 2007, it operated 18 branch offices and 8 loan production offices. The company is headquartered in Los Angeles, California. Through the Treasury Department’s Capital Purchase Program, Center Financial will receive $55 million in exchange for 55,000 shares of the company’s preferred stock.
 


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Center Financial Corporation

 

Federal Equity Investment

$55 million

Total Revenue

$158.10 million (2007)

Net Income

$21.943 million (2007)

Number of Employees

361

Corporate Headquarters

Los Angeles, California

Business Sector

Financial

Officers and Directors

Yoo, Jae Whan, President, Chief Executive Officer, Director
Kim, Peter, Chairman of the Board


Other Officers and Directors

Corporate Website

http://www.centerbank.com

Executive Compensation

Center Financial Corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

►Financial Documents

2008-12-16 Center Financial 8K

2008-09-30 Center Financial 10Q

2008 Center Financial Proxy

2007 Center Financial 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Third Quarter 2008

No lobbying documents located

Political Contributions

No political contributions located.

Related Articles

 

Last Updated January 27, 2009

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