PCB Bank (previously known as Pacific City Bank) is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. It has branches in 8 states and is the third largest Korean American Bank after Bank of Hope and Hanmi Bank.[3]
 | |
| Company type | Public |
|---|---|
| Nasdaq: PCB | |
| Industry | Banking |
| Founded | 2003 |
| Headquarters | Los Angeles, California |
Key people | Henry Kim (president and CEO) |
| Revenue | $67.2 million (2017)[1] |
| Korean name | |
| Hangul | 태평양 은행[2] |
| Hanja | 太平洋銀行 |
| Revised Romanization | Taepyeong-yang Eunhaeng |
| McCune–Reischauer | T'aepyŏng'yang Ŭnhaeng |
| Website | www |
History
editThe bank was founded as a state-chartered bank on September 18, 2003, in Los Angeles, California.[4] On July 9, 2007, Pacific City Financial Corporation was established and became a bank holding company with Pacific City Bank become a wholly owned subsidiary.[5] Daniel Cho was appointed to Pacific City Bank’s board of directors on April 1, 2017.[6] Henry Kim was appointed to succeed Haeyoung Cho, a founding member of the bank, as president and chief executive officer of the company and the bank upon her retirement at the end of 2017.[7]
Overview
editAs of 2017[update], PCB Bank operated 16 branch offices and 7 loan production offices in Lynwood and Bellevue, Washington; Denver, Colorado, Chicago, Illinois; Annandale, Virginia; Atlanta, Georgia; Orange County, California; and Bayside, New York for small to medium-size businesses and offers real estate loans, small business loans and lines of credit, trade finance loans, auto loans, residential mortgage loans, and SBA loans.[6]
References
edit- ^ "PFCF Income Statement - PACIFIC CITY FINL Stock - Yahoo Finance". finance.yahoo.com.
- ^ 조환동 [Jo Hwan-dong] (2017-12-17). "태평양 은행 헨리 김 차기 행장 '1.5세·2세 지원 프로그램 확대'" [Henry Kim, Next CEO of Pacific City Bank: 'expand support programs for 1.5 and second generation']. Korea Times. Retrieved 2018-05-15.
- ^ Koren, James Rufus (8 December 2015). "Two Koreatown banks to unite, but a rival hopes to block the merger". Los Angeles Times.
- ^ "About - About Us - Pacific City Bank". www.paccity.net. Pacific City Bank.
- ^ "About - Investor Relations - Pacific City Bank". www.paccity.net. Pacific City Bank.
- ^ a b "Pacific City Bank Announces New Board Member".
- ^ "Pacific City Financial Corporation Announces Henry Kim to Succeed as President and Chief Executive Officer".