Fact Sheet

Bailout Bank Bio: Nara Bancorp

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November 24, 2008
Programs: Budget & Tax

Nara Bank logoNara Bancorp is the holding company for Nara Bank, located in Los Angeles, California. Nara was begun as a community bank intended to serve Korean-Americans in southern California, and has since expanded to a nation-wide bank. Among its community-focused operations, Nara provides $10,000 annually in college scholarships to needy prospective college students.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Nara Bancorp

 

Federal Equity Investment

$67 million

Total Revenue

$198.35 million (2007)

Net Income

$33.20 million (2007)

Number of Employees

378

Corporate Headquarters

Los Angeles, California

Business Sector

Banking

Officers and Directors

Min J. Kim, - President, CEO

Other Officers and Directors

Corporate Website

www.narabank.com

Executive Compensation

Nara Bancorp

 

 

 

 

 

  

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
►Financial Documents

10-31-08 Nara Bancorp Form10-Q

4-16-2008 Nara Bancorp Proxy

3-14-08 Nara Bancorp Form 10-K

12-31-07 Nara Bancorp Annual Report

Federal contracts

No federal contracts found

Lobbying reports (if any)

Third Quarter 2008
 
No lobbying records found

Political Contributions

No contributions found

Related Articles

November 14, 2008 Nara Bancorp Receives Preliminary Approval for $67 Million Investment from U.S. Treasury (MSN Money)

October 23, 2008 Nara Bancorp Q3 2008 Earnings Call Transcript (Seeking Alpha)

September 19, 2008 Nara Bancorp Declares $0.0275 Cash Dividend for the Third Quarter of 2008 (GlobeNewswire)

 

Last Updated November 24, 2008

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