PCB Bank

PCB Bancorp
TypePublic
Nasdaq: PCB
IndustryBanking
Founded2003; 23 years ago (2003)
HeadquartersLos Angeles, California
Key peopleHenry Kim (president and CEO)
Revenue$67.2 million (2017)
Korean name
Hangul
태평양 은행
Hanja
太平洋銀行
Revised RomanizationTaepyeong-yang Eunhaeng
McCune–ReischauerT'aepyŏng'yang Ŭnhaeng
Websitewww.mypcbbank.com

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.

History

The bank was founded as a state-chartered bank on September 18, 2003, in Los Angeles, California. 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. Daniel Cho was appointed to Pacific City Bank’s board of directors on April 1, 2017. 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.

Overview

As of 2017, 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.

References

  1. ↑ "PFCF Income Statement - PACIFIC CITY FINL Stock - Yahoo Finance". finance.yahoo.com.
  2. ↑ 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.
  3. ↑ Koren, James Rufus (8 December 2015). "Two Koreatown banks to unite, but a rival hopes to block the merger". Los Angeles Times.
  4. ↑ "About - About Us - Pacific City Bank". www.paccity.net. Pacific City Bank.
  5. ↑ "About - Investor Relations - Pacific City Bank". www.paccity.net. Pacific City Bank.
  6. 1 2 "Pacific City Bank Announces New Board Member".
  7. ↑ "Pacific City Financial Corporation Announces Henry Kim to Succeed as President and Chief Executive Officer".