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 |
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]
The 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]
As 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]
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