| Business Summary | | Nara
Bancorp,
Inc.,
is
a
bank
holding
company
of
Nara
Bank,
N.A.,
which
offers
a
full
range
of
commercial
banking
and
consumer
financial
services
for
individuals
and
small-to-medium-sized
businesses.
The
Bank
offers
business
deposit
products
such
as
its
Regular
Checking,
Super
NOW
Checking,
and
Business
Money
Market
accounts;
and
personal
deposit
products
such
as
Household
Checking,
Personal
Checking,
Money
Market,
and
Regular
Savings
accounts.
The
Company's
loan
products
include
SBA
(Small
Business
Association)
loans,
commercial
real
estate
loans,
equity
lines,
equipment
leasing
finance,
post-dated
check
financing,
trade
finance,
auto
loans,
account
receivable
financing,
and
personal
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nara
Bancorp,
Inc.,
a
bank
holding
company,
offers
a
full
range
of
commercial
banking
and
consumer
financial
services
for
individuals
and
small-to-medium-sized
businesses.
For
the
fiscal
year
ended
12/31/00,
total
interest
income
rose
64%
to
$41.4
million.
Net
interest
income
after
loan
loss
provision
totaled
$28.3
million,
up
from
$13.9
million.
Net
income
totaled
$10.5
million,
up
from
$4
million.
Results
reflect
increased
earning
asset
balances
and
net
interest
margins,
and
higher
fee
income. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
12,219;
after
tax
earnings
were
3,328. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | Benjamin Hong | Pres,
CEO, Director | Bon Goo | Exec.
VP, CFO | Min Kim | Exec.
VP, CCO | Myung Hee Hyun | Sr.
VP, Operation Administrator |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|