Center Financial Corporation operates in the State commercial banks sector. Center Financial Corporation serves as the holding company for Center Bank (the Bank). The Bank provides financial services for small to medium sized business owners, primarily in Southern California. It specializes in commercial loans, which are secured by real property, to small business customers. In addition, the Bank is a Preferred Lender of Small Business Administration (SBA) loans and provides trade finance loans. Its primary market is the greater Los Angeles metropolitan area, including Los Angeles, Orange, San Bernardino, and San Diego counties, primarily focused in areas with high concentrations of Korean-Americans. As of December 31, 2010, it had 22 full-service branch offices, 16 of which are located in Southern California. The Bank also operates three branches in Northern California. It operates Loan Production Offices in Seattle and Denver. On April 16, 2010, it acquired Innovative Bank. In November 2011, Nara Bancorp, Inc. merged with Center Financial Corporation. In
our complete report available for purchase the company is compared to: Yadkin Valley Financial Corporation, S.Y. Bancorp, Inc. and Cascade Bancorp.