BBCN Bancorp Reports Fourth Quarter 2012 Net Income of $21.5 Million, or $0.28 Per Share; Declares Quarterly Cash Dividend of

  BBCN Bancorp Reports Fourth Quarter 2012 Net Income of $21.5 Million, or
  $0.28 Per Share; Declares Quarterly Cash Dividend of $0.05 Per Share

Q4 2012 Summary:

  *$21.5 million net income available to common stockholders, or $0.28 per
    diluted common share
  *$227 million net increase in gross loans receivable, or 6% linked quarter
  *$79 million increase in non-interest bearing deposits, or 7% linked
    quarter
  *$5.6 billion in total assets, reflecting a 6% increase linked quarter
  *Quarterly cash dividend of $0.05 per common share

Business Wire

LOS ANGELES -- January 28, 2013

BBCN Bancorp, Inc. (the “Company”) (NASDAQ: BBCN), the holding company of BBCN
Bank (the “Bank”), today reported net income available to common stockholders
of $21.5 million, or $0.28 per diluted common share, for fourth quarter 2012.
This compares with net income available to common stockholders of $2.9
million, or $0.05 per diluted common share, for fourth quarter 2011, and net
income available to common stockholders of $18.4 million, or $0.24 per diluted
common share, for third quarter 2012.

For the full 2012 year, the Company posted net income available to common
stockholders of $77.6 million, or $0.99 per diluted common share. This
compares with net income available to common stockholders of $22.5 million, or
$0.53 per diluted common share, for 2011, which reflects the operations of 11
months of the former Nara Bancorp, Inc. and one month of combined operations
following the merger with Center Financial Corporation (“Center”), completed
November 30, 2011.

The Company also announced today that its Board of Directors declared a
quarterly cash dividend for first quarter 2013. All stockholders of record as
of February 8, 2013 will be paid a cash dividend of $0.05 per common share,
payable on or about February 22, 2013.

“We completed our first full year of operations as the leading Korean American
bank in the nation with strong performances on all fronts,” said Alvin D.
Kang, President and Chief Executive Officer. “Fourth quarter 2012 new loan
originations of $371.2 million exceeded the strong levels of the preceding
quarter. This performance helped to mitigate the net interest margin
compression in the current interest rate environment and supported a five
percent linked quarter increase in our pre-tax pre-provision earnings, which
amounted to 2.83% of average assets on an annualized basis. Combined with
steadily improving asset quality trends, we reported another quarter of strong
core profitability to complete the year. All-in-all, we believe BBCN is well
positioned for continued profitability and growth.”

The Company noted that the Center merger impacts the comparability of
operating results for fourth quarter 2012 versus fourth quarter 2011 and the
preceding third quarter 2012, as well as the operating results for the full
2012 year versus 2011. Supplemental information, which the Company believes
will aid in understanding past financial performance, is included in this
press release.

Financial Highlights
                                                         
        (Dollars in       2012 Fourth        2011 Fourth      2012 Third
        thousands)         Quarter             Quarter           Quarter
        Net income         $  21,527           $  4,236          $ 18,398
        Net income
        available to
        common             $  21,527           $  2,895          $ 18,398

        stockholders
        Diluted
        earnings per       $  0.28             $  0.05           $ 0.24
        share
        Net interest       $  59,646           $  40,551         $ 58,231
        income
        Net interest          4.61       %        4.52       %     4.79      %
        margin
        Non-interest       $  9,859            $  6,678          $ 7,664
        income
        Non-interest       $  30,609           $  31,836         $ 28,770
        expense
        Net loans          $  4,229,311        $  3,676,874      $ 4,003,542
        receivable
        Deposits           $  4,384,035        $  3,940,892      $ 4,052,524
        Non-accrual        $  26,613           $  31,213         $ 29,369
        loans ^(1)
        ALLL to gross         1.56       %        1.66       %     1.62      %
        loans
        ALLL to
        non-accrual           251.53     %        198.49     %     224.56    %
        loans ^(1)
        ALLL to
        non-performing        87.69      %        83.97      %     84.41     %
        assets ^(1)
        Provision for      $  2,422            $  9,147          $ 6,900
        loan losses
        Net charge-offs    $  1,433            $  7,204          $ 6,453
        ROA ^(2)              1.57       %        0.45       %     1.42      %
        ROE ^(2)              11.55      %        3.10       %     10.11     %
        Efficiency            44.04      %        67.41      %     43.66     %
        ratio
                                                               
        ^(1) Excludes the guaranteed portion of delinquent SBA loans totaling
        $17.6 million, $10.4 million and $17.3 million at the close of the
        fourth quarter 2012, fourth quarter 2011 and third quarter 2012,
        respectively.
                                                               
        ^(2) Based on net income before effects of dividends and discount
        accretion on preferred stock.
        

Operating Results for Fourth Quarter 2012

As previously mentioned, the comparability of operating results with past
performance is impacted by the merger. The Company believes the following
supplemental information will be helpful in understanding past financial
performance. Operating results for the three months ended December 31, 2012,
September 30, 2012 and December 31, 2011 include the following pre-tax
acquisition accounting adjustments related to the merger.

The increase (decrease) of major adjustments to pre-tax income is summarized
below. The impact which these adjustments have to certain yields and costs are
described in subsequent sections of this release.

                             Three Months Ended
        (In thousands)             December 31,  September 30,  December 31,
                                   2012           2012            2011
        Accretion of discount
        on acquired performing     $  4,697       $  4,890        $  2,429
        loans
        Accretion of discount
        on acquired credit            1,174          1,215           3,298
        impaired loans
        Amortization of
        premium on Center FHLB        92             307             419
        borrowings
        Accretion of discount
        on Center subordinated     (37      )     (37       )     (12       )
        debt
        Amortization of
        premium on Center time     375           650           315       
        deposits
        Increase to pre-tax        $  6,301     $  7,025        6,449  
        income
                                                                            

In addition to the items listed above, acquisition accounting adjustments had
the effect of reducing the yield on the securities portfolio in fourth quarter
and third quarter 2012. The acquired securities portfolio of approximately
$291 million was adjusted to fair value of $293 million as of the merger date,
resulting in interest income on investment securities for that portfolio being
recognized at a lower average yield, compared with the yield on the balance of
the Company's securities portfolio.

Operating results were also impacted by merger and integration related
expenses, which amounted to $505,000, $183,000 and $3.2 million, for fourth
quarter 2012, third quarter 2012 and fourth quarter 2011, respectively. The
Company noted that fourth quarter 2012 merger and integration related expenses
primarily reflected expenses associated with the pending Pacific International
Bancorp, Inc. acquisition.

Net Interest Income and Net Interest Margin. The following table summarizes
the reported net interest income before provision for loan losses.

                   Three Months Ended                                 
    (In              12/31/2012  12/31/2011  % change  9/30/2012   %
    thousands)                                                         change
    Net interest
    income
    before           $  59,646    $ 40,551    47   %     $ 58,231    2   %
    provision
    for loan
    losses
                                                                           

Fourth quarter 2012 net interest income before provision for loan losses rose
47% over fourth quarter 2011 and 2% over preceding third quarter 2012,
principally reflecting the higher level of interest earning assets as a result
of the net growth in loans receivable.

The net interest margin (net interest income divided by average
interest-earning assets) and the impact of acquisition accounting adjustments
are summarized in the following table:

                Three Months Ended                                      
                    12/31/2012  12/31/2011  change     9/30/2012  change
    Net
    interest
    margin,
    excluding       4.06   %     4.13   %     (0.07 ) %   4.14   %    (0.08 ) %
    effect of
    acquisition
    accounting
    adjustments
    Acquisition
    accounting      0.55        0.39        0.16       0.65       (0.10 )
    adjustments
    Reported
    net             4.61   %     4.52   %     0.09   %   4.79   %    (0.18 ) %
    interest
    margin
                                                                              

Fourth quarter 2012 net interest margin was 4.61%, reflecting a 9 basis point
improvement over fourth quarter 2011, largely attributable to the accretion of
discounts on acquired loans. Excluding the effect of acquisition accounting
adjustments, the core net interest margin for fourth quarter 2012 decreased 11
basis points from fourth quarter 2011 to 4.06%.

Compared with preceding third quarter, fourth quarter 2012 net interest margin
declined 18 basis points, largely reflecting decreases in the weighted average
yields on loans and investment securities. Excluding the effect of acquisition
accounting, the core net interest margin for fourth quarter 2012 declined only
8 basis points from third quarter 2012.

The weighted average yield on loans and the impact of acquisition accounting
adjustments are summarized in the following table:

                Three Months Ended                                      
                    12/31/2012  12/31/2011  change     9/30/2012  change
    The
    weighted
    average
    yield on
    loans,          5.24   %     5.87   %     (0.63 ) %   5.39   %    (0.15 ) %
    excluding
    effect of
    acquisition
    accounting
    adjustments
    Acquisition
    accounting      0.65        0.43        0.22       0.72        (0.07 )
    adjustments
    Reported
    weighted
    average         5.89   %     6.30   %     (0.41 ) %   6.11   %    (0.22 ) %
    yield on
    loans
                                                                              

The weighted average yield on loans for fourth quarter 2012 decreased 41basis
points from fourth quarter 2011 and 72 basis points on a core basis excluding
acquisition accounting adjustments. The reduction in the core yield, excluding
the effect of acquisition accounting adjustments, is primarily attributed to
the significant pricing pressures in the market place over the past year and
the lower yielding acquired loan portfolio.

Compared with preceding third quarter 2012, the weighted average yield on
loans declined 22 basis points, and 15 basis points on a core basis, excluding
the acquisition accounting adjustments. The more moderate decrease in the core
yield, excluding the effect of acquisition accounting adjustments, versus the
year-over-year comparison, reflects a stabilization in the competitive pricing
environment in the market place during fourth quarter 2012. The weighted
average yield on new loans originated during fourth quarter 2012 was 4.54%,
compared with 4.53% for third quarter 2012.

The composition of fixed and variable rate loans and the associated weighted
average yield, excluding loan discount accretion, is summarized in the
following table:

                 12/31/2012  12/31/2011  change     9/30/2012  change
        Fixed rate
        loans
        As a
        percentage     40     %     40     %     —       %   38     %    2       %
        of total
        loans
        Weighted
        average        5.63   %     6.61   %     (0.98 ) %   5.97   %    (0.34 ) %
        yield
        Variable
        rate loans
        As a
        percentage     60     %     60     %     —       %   62     %    (2    ) %
        of total
        loans
        Weighted
        average        4.52   %     4.64   %     (0.12 ) %   4.57   %    (0.05 ) %
        yield
                                                                                 

The increased composition of fixed rate loans as a percentage of total loans
reflects the high demand for fixed rate commercial real estate loans in the
current interest rate environment.

The weighted average yield on securities available for sale is summarized in
the following table:

                     Three Months Ended                                     
                       12/31/2012  12/31/2011  change    9/30/2012  change
Weighted average
yield on               2.08   %     2.65   %     (0.57 )%   2.23   %    (0.15 )%
securities
available-for-sale
                                                                              

The weighted average yield on securities available-for-sale for fourth quarter
2012 declined 57 basis points from fourth quarter 2011 and 15 basis points
from the preceding third quarter 2012. The reductions are primarily
attributable to the replacement of maturing securities with lower yielding
investments as market interest rates declined.

The weighted average duration and average life of the securities
available-for-sale are summarized in the following table:

                     Three Months Ended                                       
                       12/31/2012  12/31/2011  % change   9/30/2012  %
                                                                         change
Weighted average
duration of
securities             3.26         3.54         (7.91  )%   3.23        (0.93  )%
available-for-sale
in years
Weighted average
life of securities     3.50         3.91         (10.49 )%   3.47        (0.09  )%
available-for-sale
in years
                                                                                

The weighted average cost of deposits and the impact of acquisition accounting
adjustments are summarized in the following table:

                Three Months Ended                                         
                    12/31/2012  12/31/2011  change       9/30/2012  change
    The
    weighted
    average
    cost of
    deposits,       0.55     %   0.75     %   (0.20 )   %   0.59    %   (0.04 ) %
    excluding
    effect of
    acquisition
    accounting
    adjustments
    Acquisition
    accounting      (0.03  )    (0.04  )    (0.01   )    (0.07 )    0.04   
    adjustments
    Reported
    weighted
    average         0.52    %   0.71    %   (0.19 )  %   0.52   %   —      %
    cost of
    deposits
                                                                                

The weighted average cost of deposits for fourth quarter 2012 improved 19
basis points to 0.52% from fourth quarter 2011, and improved 20 basis points
on a core basis, excluding the amortization of premium on time deposits
assumed in the merger. Fourth quarter 2012 weighted average cost of deposits
benefited from reductions in the cost of most categories of interest-bearing
deposits.

Compared with the preceding third quarter 2012, the weighted average cost of
deposits for fourth quarter 2012 was the same, but improved 4 basis points on
a core basis, excluding the amortization of premium on time deposits assumed
in the merger.

The weighted average cost of FHLB advances and the impact of acquisition
accounting adjustments are summarized in the following table:

                Three Months Ended
                    12/31/2012  12/31/2011  change     9/30/2012  change
    The
    weighted
    average
    cost of
    FHLB
    advances,       1.40     %   3.32     %   (1.92 ) %   1.87    %   (0.47   ) %
    excluding
    effect of
    acquisition
    accounting
    adjustments
    Acquisition
    accounting      (0.09  )    (0.51  )    0.42      (0.31 )    0.22     
    adjustments
    Reported
    weighted
    average         1.31    %   2.81    %   (1.50 ) %   1.56   %   (0.25 )  %
    cost of
    FHLB
    advances
                                                                                

For fourth quarter 2012, the weighted average cost of FHLB advances decreased
150 basis points to 1.31% from fourth quarter 2011, largely due to decreases
in market interest rates. Excluding acquisition accounting adjustments, the
weighted average cost of FHLB advances decreased 191 basis points, reflecting
the addition of $380.0 million in new FHLB borrowings at a weighted average
rate of 0.62%, which is substantially lower than the weighted average rate of
the rest of the borrowings. The weighted average original maturity of the new
borrowings was 2.66 years. In addition, a total of $301.1 million of FHLB
borrowings, with a weighted average rate of 1.26%, matured during 2012.

Compared with preceding third quarter 2012, the weighted average cost of FHLB
advances decreased 25 basis points, and 47 basis points on a core basis,
excluding acquisition accounting adjustments. During fourth quarter 2012, the
Company added $100.0 million in new FHLB borrowings at a weighted average rate
of 0.64%, and the weighted average original maturity of these new borrowings
was 2.59 years. In addition, a total of $140.0 million of FHLB borrowings,
with a weighted average rate of 1.09%, matured during fourth quarter 2012.

Non-interest Income. Total non-interest income for fourth quarter 2012
amounted to $9.9 million, a 48% increase over $6.7 million for fourth quarter
2011, and a 29% increase over $7.7 million for third quarter 2012.

The various non-interest income items are summarized in the following table:

                     Three Months Ended
                                                %                     %
(In thousands)         12/31/2012    12/31/2011   change    9/30/2012    change
Service fees on        $ 2,916       $  2,108     38   %    $  3,121      (7    )%
deposit accounts
Net gains on sales       2,754          1,017     171  %       —          100   %
of SBA loans
Net gains on sale        6              63        (90  )%      —          100   %
of other loans
Net gains on sales
of securities            —              1,219     (100 )%      133        (100  )%
available-for-sale
Net valuation
gains (losses) on        11             6         83   %       11         —
interest swaps and
caps
Net gains (losses)       (292  )        58        (603 )%      (12    )   2,333 %
on sales of OREO
Other income and        4,464       2,207    102  %      4,411     1     %
fees
Total non-interest     $ 9,859     $  6,678    48   %    $  7,664     29    %
income
                                                                                

The 48% increase in non-interest income over fourth quarter 2011 largely
reflects a full quarter of operations as a combined Company, compared with one
month of operations as a combined Company during fourth quarter 2011.

Compared with third quarter 2012, non-interest income rose 29% and is
primarily attributed to a $2.8 million net gain on sales of SBA loans. Given
the historic high premiums currently available in the market, the Company sold
$30.8 million in SBA loans during fourth quarter 2012 and recorded a net gain
on sale of $2.8 million. The Company said it continues to consider capital,
liquidity and other factors in determining on a quarterly basis whether to
sell or hold such SBA loans, but that it expected to sell SBA loans so long as
the premiums available in the market remain near historic highs.

Non-interest Expense. Total non-interest expense for fourth quarter 2012
decreased 4% to $30.6 million from fourth quarter 2011, but increased 6% when
compared with preceding third quarter 2012.

The various non-interest expense items are summarized in the following table:

                       Three Months Ended                                 
                                                 %                  %
(In thousands)           12/31/2012   12/31/2011   change   9/30/2012   change
Salaries and             $ 14,143     $ 9,193      54  %    $  13,611   4   %
employee benefits
Occupancy                  3,843        4,471      (14 )%      3,910    (2  )%
Furniture and              1,482        1,180      26  %       1,495    (1  )%
equipment
Advertising and            934          959        (3  )%      1,159    (19 )%
marketing
Data processing and        1,521        1,194      27  %       1,659    (8  )%
communications
Professional fees          1,324        881        50  %       876      51  %
FDIC assessment            710          1,198      (41 )%      644      10  %
Merger and                 505          3,248      (84 )%      183      176 %
integration expenses
Other                     6,147      9,512     (35 )%     5,233    17  %
Total non-interest       $ 30,609    $ 31,836    (4  )%   $  28,770   6   %
expense
                                                                            

Salaries and benefits expense for fourth quarter 2012 increased 54% over
fourth quarter 2011, due in large part to the combined operations as BBCN for
a full quarter in 2012. The number of full time equivalent employees (FTEs)
was 704, 684 and 678 as of December 31, 2012, September 30, 2012, and December
31, 2011, respectively. The adjusted number of FTEs, as of the merger closing
date of November 30, 2011, was 690. Compared with preceding third quarter
2012, salaries and benefits expense increased 4%.

The Company noted that merger and integration expenses for fourth quarter 2012
were principally associated with its previously announced acquisition of
Pacific International Bancorp, Inc., which transaction is expected to be
completed during first quarter 2013. Merger and integration expenses for
fourth quarter 2011 reflects expenses associated with the Center merger.

Income Tax Provision. The effective tax rate for fourth quarter 2012 was
41.0%, compared with 32.2% for fourth quarter 2011 and 39.1% for third quarter
2012.

Balance Sheet Summary

Gross loans receivable totaled $4.30 billion at December 31, 2012, an increase
of 6% compared with $4.07 billion at September 30, 2012 and an increase of 15%
compared with $3.74 billion at December 31, 2011. Total loan originations for
fourth quarter 2012 amounted to $371.2 million, including SBA loan
originations of $84.3 million.

In comparison, new loan production during third quarter 2012 equaled $312.7
million, including SBA loan originations of $63.7 million.

Sales of SBA loans to the secondary market and gains derived from those sales
are based substantially on the production of SBA 7(a) loans. Production of SBA
7(a) loans amounted to $27.5 million for fourth quarter 2012, compared with
$33.9 million for third quarter 2012. During fourth quarter 2012, the Company
sold $30.8 million of its SBA loans held for sale.

Aggregate loan pay-offs, pay-downs, amortization and other adjustments totaled
$144.5 million during fourth quarter 2012, compared with $98.0 million during
fourth quarter 2011 and $118.2 million during third quarter 2012.

Total deposits amounted to $4.38 billion at December 31, 2012, reflecting an
increase of 8% over $4.05 billion at September 30, 2012, and an 11% increase
over $3.94 billion at December 31, 2011. The increases reflect higher balances
in non-interest bearing demand deposits, money market accounts and jumbo time
deposits. The growth in total deposits was partially attributed to the
successful completion of a fourth quarter 2013 marketing campaign celebrating
BBCN's first anniversary. In addition, the Company added a net $139 million in
wholesale deposits to support strong loan production activities and in
anticipation of potential deposit outflows as a result of the expiration of
the Federal Deposit Insurance Corporation's Temporary Account Guarantee (TAG)
program, effective December 31, 2012. Non-interest bearing deposits at
December 31, 2012 totaled $1.18 billion, or 27% of total deposits, compared
with $1.11 billion at September 30, 2012, or 27% of total deposits.

Credit Quality

The provision for loan losses for fourth quarter 2012 was $2.4 million,
compared with $9.1 million for fourth quarter 2011 and $6.9 million for
preceding third quarter 2012. The fourth quarter 2012 provision reflects lower
levels of net charge-offs relative to comparable quarters and improving
historic loss rates.

For a more detailed understanding of the changes in the Allowance for Loan and
Lease Losses (“ALLL”), the composition of the ALLL has been segmented for
disclosure purposes between loans accounted for under the amortized cost
method (referred to as “BBCN” loans) and loans acquired in the merger
(referred to as “Acquired” loans). The acquired loans are further segregated
between performing and credit impaired loans.

The composition of ALLL for the three months ended December 31, 2012,
September 30, 2012 and December 31, 2011 is as follows:

    (dollars in           12/31/2012    9/30/2012     12/31/2011  
        thousands)
        BBCN loans ^(1)        $ 61,003        $ 61,835        $ 61,952
        Acquired loans -
        Performing Loans         1,404           2,005           —
        ^(2)
        Acquired loans -
        Credit Impaired         4,534         2,112         —           
        Loans ^(2)
        Total ALLL             $ 66,941       $ 65,952       $ 61,952     
                                                                             
        Gross loans, net
        of deferred loan       $ 4,296,252     $ 4,069,494     $ 3,738,826
        fees and costs
        Loss coverage           1.56      %    1.62      %    1.66       %
        ratio

       BBCN loans include Nara loans outstanding at acquisition date, former
^(1)  Center loans that were refinanced and new BBCN loans originated post
       merger.
       Acquired loans were marked to fair value at acquisition date, and their
^(2)   allowance for loan losses reflect provisions for credit deterioration
       since the acquisition date.
       

Following are the Special Mention, Classified and Total Watchlist loan
balances as of December 31 and September 30, 2012:

        (dollars in thousands)     12/31/2012    9/30/2012
                Special Mention ^(1)           $ 77,142        $ 94,659
                Classified ^(1)                $ 198,646      $ 188,354
                Total Watchlist                $ 275,788      $ 283,013

       Balances include the acquired loans which were marked to fair value at
^(1)  November 30, 2011. For loan classification purposes, the loan grading
       did not change as a result of the merger.
       

Non-performing loans (defined as loans past due 90 days or more and on
non-accrual status, acquired loans past due 90 days or more and on accrual
status, and accruing restructured loans) at December 31, 2012 was 73.6
million, or 1.71% of total loans, compared with $74.0 million, or 1.82% of
total loans, at September 30, 2012. The reduction in the dollar amount of
non-performing loans is attributed to charge-offs and pay-offs during the
quarter.

Non-performing assets at December 31, 2012 were $76.3 million, or 1.35% of
total assets, compared with $78.1 million, or 1.47% of total assets, at
September 30, 2012, due largely to the decrease in other real estate owned.

Net loan charge-offs during fourth quarter 2012 totaled $1.4 million, or 0.13%
of average loans on an annualized basis, compared with $6.5 million, or 0.64%,
during third quarter 2012.

The allowance for loan losses at December 31, 2012 was $66.9 million, or 1.56%
of gross loans receivable (excluding loans held for sale), compared with $66.0
million, or 1.62%, at September 30, 2012. The coverage ratio of the allowance
for loan losses to non-performing loans (excluding acquired loans past due 90
days or more on accrual status) was 119% at December 31, 2012, compared with
128% at September 30, 2012.

Impaired loans (defined as loans for which it is probable that not all
principal and interest payments due will be collectible in accordance with the
contractual terms) increased modestly to $85.4 million at December 31, 2012
from $82.3 million at September 30, 2012. The increase was primarily related
to two commercial real estate loans aggregating $4.6 million.

Specific reserves for impaired loans were $9.2 million, or 10.7% of the
aggregate impaired loan amount, at December 31, 2012, compared with $8.7
million, or 10.6% of the aggregate impaired loan amount, at September 30,
2012. Excluding specific reserves for impaired loans, the allowance coverage
on the remaining loan portfolio was 1.37% at December 31, 2012, compared with
1.44% at September 30, 2012.

Capital

At December 31, 2012, the Company continued to exceed all regulatory capital
requirements to be classified as a “well-capitalized” institution, as
summarized in the following table.

                           12/31/2012   9/30/2012   12/31/2011
                Leverage Ratio         12.76   %    13.15  %    19.81   %
                ^(1)
                Tier 1
                Risk-based             14.91   %      15.22  %      18.15   %
                Ratio
                Total
                Risk-based             16.16   %      16.48  %      19.41   %
                Ratio

       The calculation for the Leverage Ratio utilizes the daily average
       balance of total assets in the denominator, as opposed to the period
       end balances utilized in the calculation of the other capital ratios.
^(1)  Accordingly, the Company believes that the Leverage Ratio reported for
       fourth quarter 2011 is not necessarily representative of the Company's
       Leverage Ratio at the end of 2011. On a pro forma basis, utilizing the
       daily average balance of total assets in the month of December
       following the completion of the merger, the Leverage Ratio was 14.00%.
       

Tangible common equity per share and as a percentage of tangible assets
improved over prior comparable periods, as summarized in the following table:

                                 12/31/2012   9/30/2012   12/31/2011
        Tangible common equity per     $  8.43      $ 8.21      $  7.43
        share ^(1)
        Tangible common equity to         11.86 %       12.23 %        11.42 %
        tangible assets ^(1)

       Tangible common equity to tangible assets is a non-GAAP financial
       measure that represents common equity less goodwill and net other
       intangible assets divided by total assets less goodwill and net other
       intangible assets. Management reviews tangible common equity to
^(1)  tangible assets in evaluating the Company's capital levels and has
       included this ratio in response to market participant interest in
       tangible common equity as a measure of capital. See the accompanying
       financial information for a reconciliation of the ratio of tangible
       common equity to tangible assets with stockholders' equity and total
       assets.
       

During fourth quarter 2012, the Company announced a definitive agreement to
acquire Seattle-based Pacific International Bancorp, Inc. in an all stock
transaction valued at approximately $8.2 million. Pacific International had
total assets of $197.6 million as of September 30, 2012, and its primary
subsidiary, Pacific International Bank, a state-chartered bank, has four bank
locations in the Seattle metropolitan area. The transaction is expected to be
completed during first quarter 2013.

The transaction is subject to regulatory approval, the approval of the
shareholders of Pacific International, and other customary closing conditions.

As previously announced, upon the departure of President and Chief Executive
Officer Alvin D. Kang on January 31, 2013, Executive Vice President and Chief
Operating Officer Bonita I. Lee will have the additional title of Acting
President and lead an Executive Council, which will carry out the duties of
the Chief Executive until an appointment is made by the Board of Directors.

“We began 2013 with tremendous momentum as the premier Korean American bank in
the nation and expect to deliver another solid year of profitability,” said
Ms. Lee. “We look forward to completing the merger of Pacific International
later this quarter and believe BBCN is well poised to capitalize on strategic
opportunities.”

Additional Information and Where to Find It

In connection with the proposed merger, BBCN Bancorp, Inc. filed a
Registration Statement with the Securities and Exchange Commission (“SEC”) on
Form S-4 that includes a proxy statement/prospectus, as well as other relevant
documents concerning the proposed transaction. Shareholders are urged to read
the Registration Statement, including the proxy statement/prospectus regarding
the proposed transaction, and any other relevant documents filed with the SEC,
as well as any amendments or supplements to those documents, because they
contain important information. Shareholders may obtain a free copy of the
proxy statement/prospectus, as well as other filings containing information
about BBCN Bancorp at the SEC’s Internet site (www.sec.gov). Shareholders may
also obtain these documents, free of charge, by directing a request to BBCN
Bancorp, Attention: Investor Relations, 3731 Wilshire Blvd, Suite 1000, Los
Angeles, Calif. 90020, or on the BBCN website at www.bbcnbank.com in the
“Investor Relations” section under the heading “SEC Filings.”

Investor Conference Call

The Company will host an investor conference call on Tuesday, January 29, 2013
at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review financial
results for fourth quarter 2012. Investors and analysts may access the
conference call by dialing 866-713-8562 (domestic) or 617-597-5310
(international), passcode 57196640. Other interested parties are invited to
listen to a live webcast of the call available at the Investor Relations
section of BBCN Bancorp's website at www.BBCNbank.com.

After the live webcast, a replay will be archived in the Investor Relations
section of BBCN Bancorp's website for one year. A telephonic replay of the
call will be available at 888-286-8010 (domestic) or 617-801-6888
(international) through February 5, 2013, passcode 38035327.

About BBCN Bancorp, Inc.

BBCN Bancorp, Inc. is the parent company of BBCN Bank, the largest Korean
American bank in the nation with $5.6 billion in assets as of December 31,
2012. The Company is a result of the merger of equals of Nara Bancorp, Inc.
and Center Financial Corporation completed on November 30, 2011. Headquartered
in Los Angeles and serving a diverse mix of customers mirroring its
communities, BBCN operates 40 branches in California, New York, New Jersey,
Washington and Illinois, along with five loan production offices in Seattle,
Denver, Dallas, Atlanta and Northern California. BBCN specializes in core
business banking products for small and medium-sized businesses, with an
emphasis in commercial real estate and business lending, SBA lending and
international trade financing. BBCN Bank is a California-chartered bank and
its deposits are insured by the FDIC to the extent provided by law. BBCN is an
Equal Opportunity Lender.

Forward-Looking Statements

This press release contains forward-looking statements, including statements
about future operations and projected full-year financial results that are
subject to risks and uncertainties that could cause actual results to differ
materially from those expressed or implied by such forward looking statements.
These risks and uncertainties include but are not limited to economic,
competitive, governmental and technological factors affecting the Company's
operations, markets, products, services, and pricing. Readers should carefully
review the risk factors and the information that could materially affect the
Company's financial results and business, described in documents the Company
files from time to time with the Securities and Exchange Commission, including
its quarterly reports on Form 10-Q and Annual Reports on Form 10-K, and
particularly the discussions of business considerations and certain factors
that may affect results of operations and stock price set forth therein.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The Company
undertakes no obligation to revise or publicly release the results of any
revision to these forward-looking statements.



BBCN Bancorp, Inc.
Consolidated Statements of Financial Condition
Unaudited (Dollars in Thousands, Except per Share Data)
                                                                    
                                                                           
Assets            12/31/2012     9/30/2012      %       12/31/2011     %
                                                  change                   change
                                                                           
Cash and due      $ 312,916       $ 229,643       36   %   $ 300,110       4    %
from banks
Term federal        -               -             0    %     40,000        -100 %
funds sold
Securities
available for       704,403         687,059       3    %     740,920       -5   %
sale, at fair
value
Federal Home
Loan Bank and
Federal             22,495          23,500        -4   %     27,373        -18  %
Reserve Bank
stock
Loans held
for sale, at
the lower of        51,635          58,484        -12  %     42,407        22   %
cost or fair
value
Loans               4,296,252       4,069,494     6    %     3,738,826     15   %
receivable
Allowance for      (66,941   )   (65,952   )  -1   %   (61,952   )  -8   %
loan losses
Net loans          4,229,311    4,003,542   6    %   3,676,874   15   %
receivable
Accrued
interest            12,117          12,881        -6   %     13,439        -10  %
receivable
Premises and
equipment,          22,609          22,672        0    %     20,913        8    %
net
Bank owned
life                43,767          43,416        1    %     42,514        3    %
insurance
Goodwill            89,878          89,882        0    %     90,473        -1   %
Other
intangible          3,033           3,335         -9   %     4,276         -29  %
assets, net
Other assets       148,497      157,565     -6   %   167,305     -11  %
Total assets      $ 5,640,661   $ 5,331,979   6    %  $ 5,166,604   9    %
                                                                           
Liabilities
                                                                           
Deposits          $ 4,384,035     $ 4,052,524     8    %   $ 3,940,892     11   %
Borrowings
from Federal        420,722         460,815       -9   %     344,402       22   %
Home Loan
Bank
Subordinated        41,846          41,809        0    %     52,102        -20  %
debentures
Accrued
interest            4,355           5,451         -20  %     6,519         -33  %
payable
Other              38,599       36,925      5    %   26,750      44   %
liabilities
Total              4,889,557    4,597,524   6    %   4,370,665   12   %
liabilities
                                                                           
Stockholders'
Equity
                                                                           
Preferred
stock, $0.001
par value;
authorized
10,000,000
undesignated
shares;
issued and
outstanding 0
shares, 0
shares and
122,000
shares as of
December 31,
2012,
September 30,
2012 and
December 31,
2011,
respectively
Series A,
Fixed Rate
Cumulative
Perpetual
Preferred
Stock, issued
and
outstanding 0
shares, 0           -               -             0    %     65,158        -100 %
shares and
67,000 shares
at December
31, 2012,
September 30,
2012 and
December 31,
2011,
respectively
Series B,
Fixed Rate
Cumulative
Perpetual
Preferred
Stock, issued
and
outstanding 0
shares, 0           -               -             0    %     54,192        -100 %
shares and
55,000 shares
at December
31, 2012,
September 30,
2012 and
December 31,
2011,
respectively
Common stock,
$0.001 par
value;
authorized,
150,000,000
shares at
December 31,
2012,
September 30,
2012 and
December 31,
2011; issued
and                 78              78            0    %     78            0    %
outstanding,
78,041,511,
78,016,260
and
77,984,252 at
December 31,
2012,
September 30,
2012 and
December 31,
2011,
respectively
Capital             525,354         524,608       0    %     524,639       0    %
surplus
Retained            216,590         198,964       9    %     142,909       52   %
earnings
Accumulated
other              9,082        10,805      -16  %   8,963       1    %
comprehensive
income, net
Total
stockholders'      751,104      734,455     2    %   795,939     -6   %
equity
                                                                           
Total
liabilities
and               $ 5,640,661   $ 5,331,979   6    %  $ 5,166,604   9    %
stockholders'
equity
                                                                                
                                                                                

                                                                                                
                                                                                                    
                       Three Months Ended                                                           Twelve Months Ended
                       12/31/2012      12/31/2011      % change    9/30/2012       % change     12/31/2012      12/31/2011      %
                                                                                                                                      change
                                                                                                                               
Interest income:
Interest and fees      $ 63,107         $ 44,417           42     %   $ 61,553           3      %   $ 250,583        $ 145,554        72   %
on loans
Interest on              3,540            3,763            -6     %     3,782            -6     %     16,480           15,501         6    %
securities
Interest on
federal funds sold      285           300           -5     %   120           138    %    822           840          -2   %
and other
investments
Total interest          66,932        48,480        38     %   65,455        2      %    267,885       161,895      65   %
income
                                                                                                                                      
Interest expense:
Interest on              5,492            5,047            9      %     5,214            5      %     21,354           20,245         5    %
deposits
Interest on other       1,794         2,882         -38    %   2,010         -11    %    8,293         11,832       -30  %
borrowings
Total interest          7,286         7,929         -8     %   7,224         1      %    29,647        32,077       -8   %
expense
                                                                                                                                      
Net interest
income before            59,646           40,551           47     %     58,231           2      %     238,238          129,818        84   %
provision for loan
losses
Provision for loan      2,422         9,147         -74    %   6,900         -65    %    19,104        27,939       -32  %
losses
Net interest
income after            57,224        31,404        82     %   51,331        11     %    219,134       101,879      115  %
provision for loan
losses
                                                                                                                                      
Non-interest
income:
Service fees on          2,916            2,108            38     %     3,121            -7     %     12,466           6,370          96   %
deposit accounts
Net gains (loss)
on sales of SBA          2,754            1,017            171    %     -                100    %     8,180            7,354          11   %
loans
Net gains (loss)
on sales of other        6                63               -90    %     -                100    %     152              33             361  %
loans
Net gains on sales
of securities            -                1,219            -100   %     133              -100   %     949              1,289          -26  %
available-for-sale
Net valuation
gains (losses) on        11               6                83     %     11               0      %     35               (114       )   131  %
interest swaps and
caps
Net gains(loss) on       (292       )     58               -603   %     (12        )     2333   %     (251       )     193            -230 %
sales of OREO
Other income and        4,464         2,207         102    %   4,411         1      %    17,859        8,005        123  %
fees
Total non-interest      9,859         6,678         48     %   7,664         29     %    39,390        23,130       70   %
income
                                                                                                                                      
Non-interest
expense:
Salaries and             14,143           9,193            54     %     13,611           4      %     56,491           31,629         79   %
employee benefits
Occupancy                3,843            4,471            -14    %     3,910            -2     %     15,631           11,833         32   %
Furniture and            1,482            1,180            26     %     1,495            -1     %     5,663            4,033          40   %
equipment
Advertising and          934              959              -3     %     1,159            -19    %     5,076            2,486          104  %
marketing
Data processing          1,521            1,194            27     %     1,659            -8     %     6,364            3,913          63   %
and communications
Professional fees        1,324            881              50     %     876              51     %     3,882            2,971          31   %
FDIC assessment          710              1,198            -41    %     644              10     %     2,442            4,347          -44  %
Merger and
integration              505              3,248            -84    %     183              176    %     3,809            4,713          -19  %
expenses
Other                   6,147         9,512         -35    %   5,233         17     %    21,533        16,309       32   %
Total non-interest      30,609        31,836        -4     %   28,770        6      %    120,891       82,234       47   %
expense
Income before            36,474           6,246            484    %     30,225           21     %     137,633          42,775         222  %
income taxes
Income tax              14,947        2,010         644    %   11,827        26     %    54,410        15,660       247  %
provision
Net income             $ 21,527       $ 4,236         408    %  $ 18,398        17     %   $ 83,223       $ 27,115       207  %
Dividends and
discount accretion     $ -              $ (1,341     )     -100   %   $ -                0      %   $ (5,640     )   $ (4,568     )   23   %
on preferred stock
Net income
available to           $ 21,527       $ 2,895         644    %  $ 18,398        17     %   $ 77,583       $ 22,547       244  %
common
stockholders
                                                                                                                                      
Earnings Per
Common Share:
Basic                  $ 0.28           $ 0.05                        $ 0.24                        $ 0.99           $ 0.53
Diluted                $ 0.28           $ 0.05                        $ 0.24                        $ 0.99           $ 0.53
                                                                                                                                      
Average Shares
Outstanding:
Basic                    78,033,439       54,476,520                    78,015,960                    78,012,253       42,187,110
Diluted                  78,113,083       54,487,415                    78,103,795                    78,091,116       42,210,600
                                                                                                                                      
                                                                                                                                      
                       Three months ended                                                           Twelve Months Ended
                       12/31/2012      9/30/2012       6/30/2012   3/31/2012       12/31/2011   12/31/2012      12/31/2011
                                                                                                                                      
Net Income             $ 21,527         $ 18,398         $ 19,364     $ 23,934         $ 4,236      $ 83,223         $ 27,115
Add back: Income         14,947           11,827           12,101       15,535           2,010        54,410           15,660
tax
Add back:
Provision for loan      2,422         6,900         7,182     2,600         9,147      19,104        27,939     
losses
Pre-tax,
pre-provision          $ 38,896       $ 37,125       $ 38,647   $ 42,069       $ 15,393    $ 156,737      $ 70,714     
income (PTPP) ^1
PTPP to average
assets                   2.83       %     2.87       %     3.03   %     3.27       %     1.62   %     3.00       %     2.23       %
(annualized)
                                                                                                                                      
^1 While pre-tax, pre-provision income is a non-GAAP performance measure, we believe it is a useful measure in analyzing underlying
performance trends, particularly in times of economic stress. It is the level of earnings adjusted to exclude the impact of income tax and
provision expense.



                                                        
                  (Annualized)                                 (Annualized)

                  At or for the Three Months Ended             At or for the Twelve
                                                               Months Ended
Profitability     12/31/2012  12/31/2011  9/30/2012         12/31/2012  12/31/2011
measures:
ROA ^2            1.57    %   0.45    %   1.42   %           1.59    %   0.86    %
ROE ^2            11.55   %    3.10    %    10.11  %           10.73   %    6.54    %
Return on
average           13.20   %    3.31    %    11.60  %           12.20   %    6.72    %
tangible
equity ^2,3
Net interest      4.61    %    4.52    %    4.79   %           4.88    %    4.29    %
margin
Efficiency        44.04   %    67.41   %    43.66  %           43.54   %    53.77   %
ratio
                                                                            
^2 based on net income before effect of dividends and discount accretion on preferred
stock
^3 Average tangible equity is calculated by subtracting average goodwill and average
other intangibles from average stockholders' equity. This is non-GAAP measure that we
believe provides investors with information that is useful in understanding our
financial performance and position.


                                                                                                                         
                     Three Months Ended                      Three Months Ended                      Three Months Ended
                     12/31/2012                             12/31/2011                             9/30/2012
                                                                                                              
                                   Interest     Annualized                 Interest     Annualized                 Interest     Annualized
                     Average       Income/      Average      Average       Income/      Average      Average       Income/      Average
                     Balance       Expense      Yield/Cost   Balance       Expense      Yield/Cost   Balance       Expense      Yield/Cost
                     (Dollars in thousands)                  (Dollars in thousands)                  (Dollars in thousands)
INTEREST EARNING
ASSETS:
                                                                                                                                
Gross loans,
includes loans       $ 4,262,167   $ 63,107     5.89   %     $ 2,796,523   $ 44,417     6.30   %     $ 4,007,402   $ 61,553     6.11   %
held for sale
Securities
available for          681,296       3,540      2.08   %       568,111       3,763      2.65   %       679,764       3,782      2.23   %
sale
FRB and FHLB
stock and other        206,348       285        0.54   %       180,585       272        0.60   %       155,590       120        0.30   %
investments
Federal funds         43           -         0.30   %      13,761       28        0.81   %      -            -         N/A
sold
Total interest       $ 5,149,854   $ 66,932    5.17   %     $ 3,558,980   $ 48,480    5.41   %     $ 4,842,756   $ 65,455    5.38   %
earning assets
                                                                                                                                
INTEREST BEARING
LIABILITIES:
Deposits:
Demand,              $ 1,192,546   $ 1,818      0.61   %     $ 912,825     $ 1,822      0.79   %     $ 1,156,915   $ 1,775      0.61   %
interest-bearing
Savings                181,283       793        1.74   %       143,011       743        2.06   %       184,219       820        1.77   %
Time deposits:
$100,000 or more       988,157       1,635      0.66   %       530,865       736        0.55   %       843,388       1,533      0.72   %
Other                 717,419      1,246     0.69   %      608,111      1,746     1.14   %      672,861      1,086     0.64   %
Total time            1,705,576    2,881     0.67   %      1,138,976    2,482     0.86   %      1,516,249    2,619     0.69   %
deposits
Total interest        3,079,405    5,492     0.71   %      2,194,812    5,047     0.91   %      2,857,383    5,214     0.73   %
bearing deposits
FHLB advances          422,518       1,397      1.31   %       332,324       2,352      2.81   %       407,325       1,603      1.56   %
Other borrowings      40,231       397       3.86   %      44,551       530       4.66   %      40,407       407       3.95   %
Total interest
bearing               3,542,154   $ 7,286     0.82   %      2,571,687   $ 7,929     1.22   %      3,305,115   $ 7,224     0.87   %
liabilities
Non-interest
bearing demand        1,155,905                              632,785                                1,104,101
deposits
Total funding
liabilities /        $ 4,698,059                0.62   %     $ 3,204,472                0.98   %     $ 4,409,216                0.65   %
cost of funds
Net interest
income / net                       $ 59,646    4.35   %                   $ 40,551    4.19   %                   $ 58,231    4.51   %
interest spread
Net interest                                    4.61   %                                4.52   %                                4.79   %
margin
Net interest
margin,
excluding effect
of
non-accrual loan                                4.63   %                                4.54   %                                4.79   %
income(expense)
Net interest
margin,
excluding effect
of
non-accrual loan income(expense)                4.60   %                                4.54   %                                4.78   %
and prepayment fee income
                                                                                                                                
Non-accrual loan
income                             $ (205   )                              $ (184   )                              $ (44    )
(reversed)
recognized
Prepayment fee                      313                                   49                                    119    
income received
Net                                $ 108                                  $ (135   )                              $ 75     
                                                                                                                                
Cost of
deposits:
Non-interest
bearing demand       $ 1,155,905   $ -                       $ 632,785     $ -                       $ 1,104,101   $ -
deposits
Interest bearing      3,079,405    5,492     0.71   %      2,194,812    5,047     0.91   %      2,857,383    5,214     0.73   %
deposits
Total deposits       $ 4,235,310   $ 5,492     0.52   %     $ 2,827,597   $ 5,047     0.71   %     $ 3,961,484   $ 5,214     0.52   %
                                                                                                                                       
                                                                                                                                       

                                                    
                                                         
                     Twelve Months Ended                 Twelve Months Ended
                     12/31/2012                         12/31/2011
                                                                            
                                 Interest   Annualized               Interest   Annualized
                     Average     Income/    Average      Average     Income/    Average
                     Balance     Expense    Yield/Cost   Balance     Expense    Yield/Cost
                     (Dollars in thousands)              (Dollars in thousands)
INTEREST EARNING
ASSETS:
                                                                                
Gross loans,         $           $                       $           $
includes loans       3,974,626   250,583    6.30%        2,352,253   145,554    6.19%
held for sale
Securities
available for        694,719     16,480     2.37%        520,460     15,501     2.98%
sale
FRB and FHLB
stock and other      205,743     744        0.36%        148,339     812        0.55%
investments
Federal funds        11,342      78         0.68%        3,469       28         0.81%
sold
Total interest       $           $          5.48%        $           $          5.35%
earning assets       4,886,430   267,885                 3,024,521   161,895
                                                                                
INTEREST BEARING
LIABILITIES:
Deposits:
Demand,              $           $ 7,566    0.63%        $ 751,783   $ 6,322    0.84%
interest-bearing     1,191,548
Savings              187,301     3,364      1.80%        130,568     2,945      2.26%
Time deposits:
$100,000 or more     851,971     6,064      0.71%        383,271     1,923      0.50%
Other                691,579     4,361      0.63%        619,509     9,055      1.46%
Total time           1,543,550   10,425     0.68%        1,002,780   10,978     1.09%
deposits
Total interest       2,922,399   21,355     0.73%        1,885,131   20,245     1.07%
bearing deposits
FHLB advances        374,938     6,229      1.66%        314,216     9,774      3.11%
Other borrowings     44,535      2,064      4.56%        44,971      2,058      4.51%
Total interest
bearing              3,341,872   $ 29,648   0.89%        2,244,318   $ 32,077   1.43%
liabilities
Non-interest
bearing demand       1,067,002                           475,655
deposits
Total funding        $                                   $
liabilities /        4,408,874              0.67%        2,719,973              1.18%
cost of funds
Net interest                     $                                   $
income / net                     238,237    4.59%                    129,818    3.92%
interest spread
Net interest                                4.88%                               4.29%
margin
Net interest
margin,
excluding effect
of
non-accrual loan                            4.90%                               4.31%
income(expense)
Net interest
margin,
excluding effect
of
non-accrual loan
income(expense)                             4.88%                               4.29%
and prepayment
fee income
                                                                                
Non-accrual loan
income                           $ (998)                             $ (368)
(reversed)
recognized
Prepayment fee                   746                                 487
income received
Net                              $ (252)                             $ 119
                                                                                
Cost of
deposits:
Non-interest         $
bearing demand       1,067,002   $ -                     $ 475,655   $ -
deposits
Interest bearing     2,922,399   21,355     0.73%        1,885,131   20,245     1.14%
deposits
Total deposits       $           $ 21,355   0.54%        $           $ 20,245   0.92%
                     3,989,401                           2,360,786
                                                                                
                                                                                

                                                                                           
                                                                                                 
                         For the Three Months Ended                                             For the Twelve Months Ended
                         12/31/2012     12/31/2011     % change      9/30/2012      %       12/31/2012  12/31/2011  %
                                                                                        change                             change
AVERAGE BALANCES                                                                                                      
Gross loans,
includes loans held      $ 4,262,167     $ 2,796,523     52      %      $ 4,007,402     6    %   3,974,626    2,352,253    69   %
for sale
Investments                887,687         762,457       16      %        835,354       6    %   911,804      672,268      36   %
Interest-earning           5,149,854       3,558,980     45      %        4,842,756     6    %   4,886,430    3,024,521    62   %
assets
Total assets               5,490,540       3,795,253     45      %        5,179,186     6    %   5,228,557    3,168,124    65   %
                                                                                                                           
Interest-bearing           3,079,405       2,194,812     40      %        2,857,383     8    %   2,922,399    1,885,131    55   %
deposits
Interest-bearing           3,542,154       2,571,687     38      %        3,305,115     7    %   3,341,872    2,244,318    49   %
liabilities
Non-interest-bearing       1,155,905       632,785       83      %        1,104,101     5    %   1,067,002    475,655      124  %
demand deposits
Stockholders' Equity       745,468         547,160       36      %        728,038       2    %   775,718      414,768      87   %
Net interest earning       1,607,700       987,293       63      %        1,537,641     5    %   1,544,558    780,203      98   %
assets
                                                                                                                           
LOAN PORTFOLIO           12/31/2012     9/30/2012      % change      12/31/2011     %
COMPOSITION:                                                                            change
                                                                                                                           
Commercial loans         $ 1,073,625     $ 1,076,262     0       %      $ 996,260       8    %
Real estate loans          3,174,759       2,940,866     8       %        2,678,679     19   %
Consumer and other        49,954       54,442      -8      %     66,631      -25  %
loans
Loans outstanding          4,298,338       4,071,570     6       %        3,741,570     15   %
Unamortized deferred
loan fees - net of        (2,086    )   (2,076    )  0       %     (2,744    )  24   %
costs
Loans, net of
deferred loan fees         4,296,252       4,069,494     6       %        3,738,826     15   %
and costs
Allowance for loan        (66,941   )   (65,952   )  -1      %     (61,952   )  -8   %
losses
Loan receivable, net     $ 4,229,311   $ 4,003,542   6       %    $ 3,676,874   15   %
                                                                                                                           
REAL ESTATE LOANS BY     12/31/2012     9/30/2012      % change       12/31/2011   %
PROPERTY TYPE:                                                                          change
Retail buildings         $ 868,567       $ 852,968       2       %      $ 788,384       10   %
Hotels/motels              609,076         502,186       21      %        432,206       41   %
Gas stations/ car          428,997         431,100       0       %        408,812       5    %
washes
Mixed-use facilities       340,433         278,253       22      %        198,916       71   %
Warehouses                 294,421         302,792       -3      %        261,874       12   %
Multifamily                142,610         129,192       10      %        129,181       10   %
Other                     490,655      444,375     10      %     459,306     7    %
Total                    $ 3,174,759   $ 2,940,866   8       %    $ 2,678,679   19   %
                                                                                                                           
DEPOSIT COMPOSITION      12/31/2012     9/30/2012      % Change      12/31/2011     %
                                                                                        Change
Non-interest-bearing     $ 1,184,285     $ 1,105,161     7       %      $ 984,350       20   %
demand deposits
Money market and           1,248,304       1,145,304     9       %        1,237,378     1    %
other
Saving deposits            180,686         185,709       -3      %        198,063       -9   %
Time deposits of           1,088,611       892,941       22      %        759,923       43   %
$100,000 or more
Other time deposits       682,149      723,409     -6      %     761,178     -10  %
Total deposit            $ 4,384,035   $ 4,052,524   8       %    $ 3,940,892   11   %
balances
                                                                                                                           
DEPOSIT COMPOSITION      12/31/2012     9/30/2012      12/31/2011
(%)
Non-interest-bearing       27.0      %     27.3      %   25.0    %
demand deposits
Money market and           28.5      %     28.4      %   31.4    %
other
Saving deposits            4.1       %     4.6       %   5.0     %
Time deposits of           24.8      %     22.0      %   19.3    %
$100,000 or more
Other time deposits       15.6      %   17.9      %  19.3    %
Total deposit             100.0     %   100.0     %  100.0   %
balances

CAPITAL RATIOS                 12/31/2012    9/30/2012     12/31/2011
Total stockholders' equity         $ 751,104     $ 734,455     $ 795,939
Tier 1 risk-based capital            14.91   %       15.22   %       18.15   %
ratio
Total risk-based capital             16.16   %       16.48   %       19.41   %
ratio
Tier 1 leverage ratio                12.76   %       13.15   %       19.81   %
Book value per common              $ 9.62          $ 9.41          $ 8.64
share
Tangible common equity per         $ 8.43          $ 8.21          $ 7.43
share^4
Tangible common equity to            11.86   %       12.23   %       11.42   %
tangible assets^4


     Tangible common equity to tangible assets is a non-GAAP financial measure
     that represents common equity less goodwill and other intangible assets,
     net divided by total assets less goodwill and other intangible assets,
^4  net. Management reviews tangible common equity to tangible assets in
     evaluating the Company's capital levels and has included this ratio in
     response to market participant interest in tangible common equity as a
     measure of capital.

<td class="bwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl bw*Story too large*
                                                                                                       
Reconciliation of GAAP financial measures to
non-GAAP financial measures:
                               
                  12/31/2012      9/30/2012       12/31/2011
Total
stockholders'     $ 751,104        $ 734,455        $ 795,939
equity
Less:
Preferred           -                -                (119,350   )
stock, net of
discount
Common stock        (378       )     (378       )     (2,760     )
warrant
Goodwill and
other              (92,911    )   (93,217    )   (94,749    )
intangible
assets, net
Tangible          $ 657,815      $ 640,860      $ 579,080    
common equity
                                                                                                             
Total assets      $ 5,640,661      $ 5,331,979      $ 5,166,604
Less:
Goodwill and
other              (92,911    )   (93,217    )   (94,749    )
intangible
assets, net
Tangible          $ 5,547,750    $ 5,238,762    $ 5,071,855  
assets
                                                                                                             
Common shares       78,041,511       78,016,260       77,984,252
outstanding
                                                                                                             
Tangible
common equity       11.86      %     12.23      %     11.42      %
to tangible
assets
Tangible
common equity     $ 8.43           $ 8.21           $ 7.43
per share
                                                                                                             
                                                                                                             
                  For the Three Months Ended                                                    For the Twelve Months
                                                                                                Ended
ALLOWANCE FOR     12/31/2012      9/30/2012       6/30/2012        3/31/2012  12/31/2011   12/31/2012  12/31/2011
LOAN LOSSES:
Balance at
beginning of      $ 65,952         $ 65,505         $ 62,309           $ 61,952    $  60,009    $  61,952    $  62,320
period
Provision for       2,422            6,900            7,182              2,600        9,147        19,104       27,939
loan losses
Recoveries          587              1,316            1,623              1,139        524          4,665        3,892
Charge offs        (2,020     )   (7,769     )   (5,609

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