Center Financial Corporation is the holding company of Center Bank, a community bank offering a full range of financial services for diverse ethnic and small business customers. Founded in 1986 and specializing in commercial and SBA loans and trade finance products, Center Bank has grown to be one of the nation’s soundest financial institutions focusing on the Korean-American community, with total assets of $2.28 billion at June 30, 2010. Headquartered in Los Angeles, Center Bank operates a total of 23 full-service branches and one loan production office. The company has 17 full-service branches located throughout Southern California and three branches in Northern California. Center Bank also operates two branches and one loan production office in the Seattle area, along with one branch in Chicago. Center Bank is a California state-chartered institution and its deposits are insured by the FDIC to the extent provided by law.
LOS ANGELES, Aug 13, 2010 (BUSINESS WIRE) --
Center Financial Corporation (NASDAQ:CLFC) today announced that following a reevaluation of the accounting for the conversion of its Series B Preferred Stock to common shares, the company filed an amended quarterly report on Form 10-Q/A for the period ended March 31, 2010 to reflect a change in the accounting treatment for that transaction, followed immediately by the filing of its report on Form 10-Q for the 2010 second quarter.
While completin...
-- Profitable Core Operations, $5.9 Million Bargain Purchase Gain Associated with FDIC-Assisted Transaction and $1.2 Million Gain on Sale of Loans Contribute to Strong Earnings for 2Q 2010 --
LOS ANGELES, Jul 29, 2010 (BUSINESS WIRE) -- Following its return to profitable operations in the 2010 first quarter, Center Financial Corporation (NASDAQ: CLFC), today reported net income of $7.5 million, equal to $0.17 per diluted common share, for its second quarter ended June 30, 2010, in contrast wi...
LOS ANGELES, Jul 14, 2010 (BUSINESS WIRE) -- Center Financial Corporation (NASDAQ: CLFC) today announced that the company will host a conference call on Thursday, July 29, 2010 at 9 a.m. PDT (12 noon EDT) to review financial results for its 2010 second quarter.
The institutional investment community is invited to participate in the call by dialing 866-831-6234 (domestic) or 617-213-8854 (international) and entering participant passcode 19320092.
Other interested parties are invited to list...
LOS ANGELES, Jun 09, 2010 (BUSINESS WIRE) --Center Financial Corporation (NASDAQ: CLFC) today named Douglas J.
Goddard, 58, interim chief financial officer of the company and its
wholly owned subsidiary, Center Bank, effective June 10, 2010. He will
serve until the Bank completes its search for a permanent CFO.
Goddard joins Center Financial with more than 25 years of experience in
financial reporting for the commercial banking sector. Most recently, he
...
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Investor Relations Contacts
Angie Yang
SVP, Investor Relations
Center Bank
Phone: (213) 251-2219 Email: AngieY@CenterBank.com
Transfer Agent
Computershare P.O. Box 43078 Providence, RI 02940 Telephone: 800-9624284
Fax: 312-601-2312
For overnight delivery: Computershare 250 Royall Street Canton, MA 02021
SEC Counsel
King, Holmes, Paterno, and Berliner Los Angeles, CA
Independent Auditors
KPMG LLP Los Angeles, CA
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