Wilshire Center Bank

Status:Inactive as of 05/07/1993
 Absorption - Assisted
Successor Bank:Bank of Hope
Headquarters:Wilshire Center Bank
3699 Wilshire Boulevard
Los Angeles, CA 90010
Established:08/15/1983
FDIC Insurance:08/15/1983
FDIC Cert:#24653
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$9,677,000
Total Deposits:$9,391,000

History

1983-08-15Institution established: Original name:Larchmont National Bank
1985-06-03Changed name to Wilshire Center Bank, National Association
1993-05-06Bank closed by primary federal regulator pending acquisition.
1993-05-07Failed. Acquired with government financial assistance and subsequently operated as part of California Center Bank (26610)
2001-11-21Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2001-11-21Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2002-12-16Changed name to Center Bank (26610)
2004-04-23Acquired Korea Exchange Bank (33667) in CHICAGO, IL
2005-04-15Reorganized.
2010-04-16Acquired Innovative Bank (23876) in OAKLAND, CA as part of a government assisted transaction.
2011-12-01Changed name to BBCN Bank (26610)
2011-12-01Acquired Nara Bank (27530) in LOS ANGELES, CA
2013-02-21Acquired Pacific International Bank (57246) in SEATTLE, WA
2013-08-13Acquired The Foster Bank (27447) in CHICAGO, IL
2016-07-29Changed name to Bank of Hope (26610)
2016-07-29Acquired Wilshire Bank (23301) in LOS ANGELES, CA

Financial Information (1992-12-31 and Older)