BBCN Bancorp Reports 2013 First Quarter Financial Results; Declares Quarterly Cash Dividend of $0.05 Per Share

BBCN Bancorp Reports 2013 First Quarter Financial Results; Declares Quarterly
Cash Dividend of $0.05 Per Share

Q1 2013 Summary:

  *Pacific International acquisition completed February 15, 2013, making BBCN
    the leading Korean-American bank in the Pacific Northwest
  *Total gross loans receivable increase $204 million net to $4.5 billion, or
    5% linked quarter
  *$5.8 billion in total assets, reflecting a 4% increase linked quarter
  *Non-accrual loans to gross loans of 0.94% primarily reflects the addition
    of one large loan
  *$17.5 million net income, or $0.22 per diluted common share
  *Quarterly cash dividend of $0.05 per common share

LOS ANGELES, April 22, 2013 (GLOBE NEWSWIRE) -- BBCN Bancorp, Inc. (the
"Company") (Nasdaq:BBCN), the holding company of BBCN Bank (the "Bank"), today
reported net income available to common stockholders of $17.5 million, or
$0.22 per diluted common share, for the first quarter of 2013. This compares
with net income available to common stockholders of $22.1 million, or $0.28
per diluted common share, for the year-ago first quarter, and net income
available to common stockholders of $21.5 million, or $0.28 per diluted common
share, for the preceding 2012 fourth quarter.

The Company also announced that its Board of Directors declared a quarterly
cash dividend for the second quarter of 2013. All stockholders of record as of
May 3, 2013 will be paid a cash dividend of $0.05 per common share, payable on
or about May 17, 2013.

"We continued to make progress strengthening our leadership as the premier
Korean-American bank in the nation with the completion of the Pacific
International transaction during the quarter," said Kevin S. Kim, Chairman and
Chief Executive Officer of BBCN Bancorp, Inc. "We are pleased with our new
loan originations of $221 million for the seasonally slower first quarter. The
current market rate environment is pressuring our net interest margin, which
declined by 7 basis points to 3.97% on a core basis, excluding the effect of
acquisition accounting adjustments. While elevated provision expense due to
one large loan impacted earnings for the quarter, we believe our credit costs
remain manageable. Pre-tax pre-provision earnings to average assets of 2.54%
on an annualized basis underscores BBCN's core earnings power. Together with
the recent announcement of a definitive agreement to acquire Chicago-based
Foster Bankshares, we believe BBCN is solidly grounded for continued
profitability and growth."

Financial Highlights

(Dollars in thousands, except 2013 First       2012 Fourth     2012 First
per share data)               Quarter          Quarter         Quarter
Net income                    $ 17,461         $ 21,527        $ 23,934
Net income available to       $ 17,461         $ 21,527        $ 22,065
common stockholders
Diluted earnings per share    $ 0.22           $ 0.28          $ 0.28
Net interest income           $ 59,716         $ 59,646        $ 60,859
Net interest margin           4.49%            4.61%           5.11%
Non-interest income           $ 9,940          $ 9,859         $ 11,645
Non-interest expense          $ 33,275         $ 30,609        $ 30,435
Net loans receivable          $ 4,426,778      $ 4,229,311     $ 3,674,890
Deposits                      $ 4,555,674      $ 4,384,035     $ 3,920,464
Non-accrual loans ^(1)        $ 42,269         $ 29,653        $ 39,651
ALLL to gross loans           1.63%            1.56%           1.67%
ALLL to non-accrual loans     173.34%          225.75%         157.14%
^(1)
ALLL to nonperforming assets  70.07%           83.74%          71.14%
^(1)
Provision for loan losses     $ 7,506          $ 2,422         $ 2,600
Net charge-offs               $ 1,179          $ 1,433         $ 2,243
ROA ^(2)                      1.22%            1.57%           1.86%
ROE ^(2)                      9.13%            11.55%          11.87%
Efficiency ratio              47.77%           44.04%          41.98%

^(1) Excludes delinquent SBA loans that are guaranteed and currently in
liquidation totaling $18.6 million, $15.3 million and $17.6 million at the
close of the 2013 first quarter, 2012 first quarter and 2012 fourth quarter,
respectively.

^(2) Based on net income before effects of dividends and discount accretion on
preferred stock

Operating Results for the First Quarter of 2013

The comparability of operating results with past performance is impacted by
acquisition accounting adjustments.The Company believes the following
supplemental information will be helpful in understanding past financial
performance. Operating results for the three months ended March 31, 2013,
December 31, 2012 and March 31, 2012 include the following pre-tax acquisition
accounting adjustments related to mergers.

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)                                March 31, December 31, March 31,
                                              2013      2012         2012
Accretion of discount on acquired performing  $ 4,076   $ 4,697      $ 6,887
loans
Accretion of discount on acquired credit      1,522     1,174        2,757
impaired loans
Amortization of premium on acquired FHLB      91        92           1,231
borrowings
Accretion of discount on acquired             (43)      (37)         (35)
subordinated debt
Amortization of premium on acquired time      438       375          1,275
deposits
Increase to pre-tax income                    $ 6,084   $ 6,301      $ 12,115

In addition to the items listed above, acquisition accounting adjustments had
the effect of reducing the yield on acquired securities portfolios.

Operating results were also impacted by merger and integration related
expenses, which amounted to $1.3 million, $505,000 and $1.8 million, for the
2013 first quarter, 2012 fourth quarter and 2012 first quarter,
respectively.The Company noted that merger and integration related expenses
for the 2013 first quarter primarily reflected expenses associated with the
Pacific International Bancorp acquisition, which was completed on February 15,
2013.

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 thousands)                    3/31/2013 12/31/2012 %      3/31/2012 %
                                                       change           change
Net interest income before        $ 59,716  $ 59,646   —%     $ 60,859  (2)%
provision for loan losses

First quarter 2013 net interest income before provision for loan losses
declined by 2% from the year-ago first quarter and was steady when compared
with the preceding fourth quarter of 2012. The modest decline from the 2012
first quarter principally reflects lower yields on interest-earning assets,
partially offset by lower interest expense on other borrowings.

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
                               3/31/2013 12/31/2012 change  3/31/2012 change
Net interest margin, excluding
the effect of acquisition       3.97%     4.06%      (0.09)% 4.04%     (0.07)%
accounting adjustments
Acquisition accounting          0.52      0.55       (0.03)  1.07      (0.55)
adjustments
Reported net interest margin    4.49%     4.61%      (0.12)% 5.11%     (0.62)%

First quarter 2013 net interest margin was 4.49%, reflecting a 62 basis point
reduction from the 2012 first quarter, largely attributable to the accretion
of discounts on acquired loans. On a core basis, excluding the effect of
acquisition accounting adjustments, the net interest margin for the first
quarter of 2013 decreased by 7 basis points from the prior-year first quarter
to 3.97%.

Compared with the preceding 2012 fourth quarter, net interest margin for the
2013 first quarter declined 12 basis points, largely reflecting decreases in
the weighted average yields on loans and investment securities. Excluding the
effect of acquisition accounting adjustments, the core net interest margin for
the first quarter of 2013 declined 9 basis points from the preceding fourth
quarter.

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

                               Three Months Ended
                               3/31/2013 12/31/2012 change  3/31/2012 change
The weighted average yield on
loans, excluding the effect of  5.15%     5.24%      (0.09)% 5.61%     (0.46)%
acquisition accounting
adjustments
Acquisition accounting          0.60      0.65       (0.05)  1.14      (0.54)
adjustments
Reported weighted average yield 5.75%     5.89%      (0.14)% 6.75%     (1.00)%
on loans

The weighted average yield on loans for the 2013 first quarter decreased 100
basis points from the 2012 first quarter and 46 basis points on a core basis,
excluding acquisition accounting adjustments. The reduction in the core yield,
excluding the effect of acquisition accounting adjustments, primarily reflects
the significant reduction in market rates compared with a year ago.

Compared with the preceding fourth quarter of 2012, the weighted average yield
on loans declined by 14 basis points, and 9 basis points on a core basis,
excluding the effect of acquisition accounting adjustments.The more moderate
sequential decreases in the weighted average yield on loans reflects a
stabilization in the competitive pricing environment in recent quarters. The
weighted average yield on new loans originated during the 2013 first quarter
was 4.52%, compared with 4.54% for the preceding fourth quarter.

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

                               3/31/2013 12/31/2012 change 3/31/2012 change
Fixed rate loans                                                  
As a percentage of total loans 40%       40%        —%     39%       1%
Weighted average yield         5.47%     5.63%      (.16)% 6.49%     (1.02)%
Variable rate loans                                               
As a percentage of total loans 60%       60%        —%     61%       (1)%
Weighted average yield         4.49%     4.52%      (.03)% 4.61%     (.12)%

The increased composition of fixed rate loans as a percentage of total loans
versus the year-ago period 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
                               3/31/2013 12/31/2012 change  3/31/2012 change
Weighted average yield on       1.98%     2.08%      (0.10)% 2.71%     (0.73)%
securities available-for-sale

The weighted average yield on securities available-for-sale for first quarter
of 2013 declined 73 basis points from the year-ago first quarter and 10 basis
points from the preceding fourth quarter of 2012.The reductions are primarily
attributable to the replacement of maturing securities with lower yielding
investments as market interest rates have declined.

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

                             Three Months Ended
                             3/31/2013 12/31/2012 % change 3/31/2012 % change
Weighted average duration of
securities available-for-sale 3.93      3.26       20.55%   3.83      2.61%
in years
Weighted average life of
securities available-for-sale 4.27      3.50       22.00%   4.26      0.23%
in years

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

                               Three Months Ended
                               3/31/2013 12/31/2012 change  3/31/2012 change
The weighted average cost of
deposits, excluding the effect  0.53%     0.55%      (0.02)% 0.69%     (0.16)%
of acquisition accounting
adjustments
Acquisition accounting          (0.04)    (0.03)     (0.01)  (0.13)    0.09
adjustments
Reported weighted average cost  0.49%     0.52%      (0.03)% 0.56%     (0.07)%
of deposits

The weighted average cost of deposits for the first quarter of 2013 improved 7
basis points to 0.49% from the prior-year first quarter, and improved 16 basis
points on a core basis, excluding the effect of premium amortization on time
deposits assumed in mergers.First quarter 2013 weighted average cost of
deposits benefited from reductions in the cost of most categories of
interest-bearing deposits, offset by an 8 basis point increase in the average
cost of time deposits less than $100,000.

Compared with the preceding fourth quarter of 2012, the weighted average cost
of deposits for the 2013 first quarter improved 3 basis points, and 2 basis
points on a core basis, excluding the amortization of premium on time deposits
assumed in mergers.

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

                               Three Months Ended
                               3/31/2013 12/31/2012 change  3/31/2012 change
The weighted average cost of
FHLB advances, excluding the    1.27%     1.40%      (0.13)% 3.41%     (2.14)%
effect of acquisition
accounting adjustments
Acquisition accounting          (0.10)    (0.09)     (0.01)  (1.49)    1.39
adjustments
Reported weighted average cost  1.17%     1.31%      (0.14)% 1.92%     (0.75)%
of FHLB advances

For the first quarter of 2013, the weighted average cost of FHLB advances
decreased 75 basis points to 1.17% from the year-ago first quarter, largely
due to decreases in market interest rates. Excluding the effect of acquisition
accounting adjustments, the weighted average cost of FHLB advances decreased
214 basis points, reflecting the addition of $470.0 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 2.60 years. In addition, a
total of $390.1 million of FHLB borrowings, with a weighted average rate of
1.24%, matured over the past twelve months.

Compared with the preceding fourth quarter of 2012, the weighted average cost
of FHLB advances decreased 14 basis points, and 13 basis points on a core
basis, excluding the effect of acquisition accounting adjustments. During the
first quarter of 2013, the Company added $90.0 million in new FHLB borrowings
at a weighted average rate of 0.59%, and the weighted average original
maturity of these new borrowings was 2.33 years. In addition, a total of $89.0
million of FHLB borrowings, with a weighted average rate of 1.19%, matured
during first quarter 2013.

Non-interest Income. Total non-interest income for the first quarter of 2013
amounted to $9.9 million, reflecting a 15% decrease from the prior-year first
quarter and a 1% increase over the preceding 2012 fourth quarter.

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

                                 Three Months Ended
                                                    %              %
(In thousands)                    3/31/2013 12/31/2012 change 3/31/2012 change
Service fees on deposit accounts  $ 2,875   $ 3,160    (9)%   $ 2,916   (1)%
Net gains on sales of SBA loans   2,694     2,963      (9)%   2,754     (2)%
Net gains on sale of other loans  43        —          100%   6         —%
Net gains on sales of securities  54        816        (93)%  —         —%
available-for-sale
Net valuation gains (losses) on   —         3          (100)% 11        (100)%
interest swaps and caps
Net gains (losses) on sales of    2         61         (97)%  (292)     (101)%
OREO
Other income and fees             4,272     4,642      (8)%   4,464     (4)%
Total non-interest income         $ 9,940   $ 11,645   (15)%  $ 9,859   1%

The year-over-year decline in non-interest income was largely attributed to an
$816,000 net gain on sale of securities available-for-sale posted in the 2012
first quarter, versus just $54,000 during the 2013 first quarter.

Net gains on sales of SBA loans totaled $2.7 million, $3.0 million and $2.8
million for the 2013 first quarter, 2012 first quarter and 2012 fourth
quarter, respectively.During the 2013 first quarter, the Company sold $25.7
million in SBA loans to the secondary market.

Non-interest Expense. Total non-interest expense amounted to $33.3 million for
the first quarter of 2013, reflecting a 9% increase over the prior-year first
quarter and the preceding fourth quarter of 2012. 

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

                                 Three Months Ended
(In thousands)                    3/31/2013 12/31/2012 %      3/31/2012 %
                                                       change           change
Salaries and employee benefits    $ 16,332  $ 14,143   15%    $ 14,079  16%
Occupancy                         4,011     3,843      4%     3,646     10%
Furniture and equipment           1,573     1,482      6%     1,218     29%
Advertising and marketing         1,273     934        36%    1,458     (13)%
Data processing and               1,644     1,521      8%     1,611     2%
communications
Professional fees                 1,301     1,324      (2)%   613       112%
FDIC assessment                   694       710        (2)%   1,037     (33)%
Merger and integration expenses   1,305     505        158%   1,773     (26)%
Other                             5,142     6,147      (16)%  5,000     3%
Total non-interest expense        $ 33,275  $ 30,609   9%     $ 30,435  9%

Salaries and benefits expense for the 2013 first quarter increased 16% and
15%, respectively, over the year-ago first quarter and the preceding 2012
fourth quarter. The Company attributed the increase to one-time costs incurred
as part of a management transition, as well as an increase in full-time
equivalent employees (FTEs) as a result of the Pacific International
transaction close. The number of FTEs was 762, 704 and 661 as of March 31,
2013, December 31, 2012, and March 31, 2012, respectively.

The Company noted that merger and integration expenses for 2013 first quarter
were principally associated with the Pacific International acquisition, while
2012 first quarter expenses were associated with the Center merger of equals.

Income Tax Provision. The effective tax rate for 2013 first quarter was 39.5%,
compared with 39.4% for 2012 first quarter and 41.0% for the preceding 2012
fourth quarter.

Balance Sheet Summary

Gross loans receivable totaled $4.50 billion at March 31, 2013, an increase of
5% over $4.30 billion at December 31, 2012 and an increase of 20% over $3.74
billion a year earlier at March 31, 2012. Total new loan originations for
first quarter of 2013 amounted to $220.9 million, including SBA loan
originations of $49.5 million.

In comparison, new loan production during the seasonally higher 2012 fourth
quarter equaled $371.2 million, including SBA loan originations of $84.3
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 $31.7 million for the first quarter of 2013, compared
with $27.5 million for the preceding 2012 fourth quarter.During the 2013
first quarter, the Company sold $25.7 million of its SBA loans held for sale.

Aggregate loan pay-offs, pay-downs, amortization and other adjustments totaled
$147.6 million during the first quarter of 2013, compared with $169.6 million
during the prior-year first quarter and $144.5 million during the preceding
fourth quarter of 2012.

Total deposits amounted to $4.56 billion at March 31, 2013, reflecting an
increase of 4% over $4.38 billion at December 31, 2012, and a 16% increase
over $3.92 billion a year earlier at March 31, 2012.The increases reflect
higher balances in non-interest bearing demand deposits, money market accounts
and jumbo time deposits.During the 2013 first quarter, the Company added a
net $69 million in wholesale deposits to support loan production
activities.Non-interest bearing deposits at March 31, 2013 totaled $1.18
billion, steady compared with December 31, 2012, but declined as a percentage
of total deposits to 26% from 27% of total deposits at year-end 2012.

Credit Quality

The provision for loan losses for the 2013 first quarter was $7.5 million,
compared with $2.6 million for prior-year first quarter and $2.4 million for
the preceding fourth quarter of 2012.The 2013 first quarter provision
reflects the addition of a new specific reserve of $5.1 million related to a
troubled debt restructuring of an industrial warehouse loan.

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 "Legacy Loans") and loans acquired in mergers and
acquisitions (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 March 31, 2013, December
31, 2012 and March 31, 2012 is as follows:

(dollars in thousands)                        3/31/2013  12/31/2012 3/31/2012
Legacy Loans ^(1)                             $62,469    $61,003    $60,233
Acquired Loans - Performing Loans ^(2)        6,265      1,404      1,262
Acquired Loans - Credit Impaired Loans ^(2)   4,534      4,534      814
Total ALLL                                    $73,268    $66,941    $62,309
                                                                 
Gross loans, net of deferred loan fees and    $4,500,046 $4,296,252 $3,737,199
costs
ALLL coverage ratio                           1.63%      1.56%      1.67%

^(1) Legacy Loans include loans originated by the Bank's predecessor bank,
loans originated by BBCN, and loans that were acquired and that have been
refinanced as new loans.

^(2)Acquired Loans were marked to fair value at acquisition date, and their
allowance for loan losses reflect provisions for credit deterioration since
the acquisition date.

Following are the Special Mention, Classified and Total Criticized loan
balances as of March 31, 2013, December 31, 2012 and March 31, 2012:

(dollars in thousands) 3/31/2013 12/31/2012 3/31/2012
Special Mention ^(1)   $112,403  $79,589    $107,388
Classified ^(1)        $229,354  $209,079   $216,888
Total Criticized       $341,757  $288,668   $324,276

^(1) Balances include Acquired Loans which were marked to fair value on the
date of acquisition.

Nonperforming loans (defined by the Company 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 March 31, 2013 totaled
$96.1 million, or 2.14% of total loans, compared with $77.2 million, or 1.80%
of total loans, at December 31, 2012.The increase in nonperforming loans is
largely attributed to a $10.3 million industrial warehouse commercial real
estate loan that was placed on non-accrual status during the
quarter.Nonperforming loans as of March 31, 2013 also reflect the addition of
$6.9 million in new acquired loans related to the Pacific International
transaction.These increases were partially offset by charge-offs and pay-offs
during the quarter.

Nonperforming assets at March 31, 2013 were $104.6 million, or 1.79% of total
assets, compared with $79.9 million, or 1.42% of total assets, at December 31,
2012.The increase is attributed to the $10.3 million new non-accrual loan and
the recently acquired Pacific International portfolio, as previously
mentioned, as well as other real estate owned.

Net loan charge-offs for the first quarter of 2013 continued to show
improvements and declined to $1.2 million, or 0.11% of average loans on an
annualized basis, from $1.4 million, or 0.13%, for the preceding fourth
quarter of 2012.

The allowance for loan losses at March 31, 2013 was $73.3 million, or 1.63% of
gross loans receivable (excluding loans held for sale), compared with $66.9
million, or 1.56%, at December 31, 2012. The coverage ratio of the allowance
for loan losses to nonperforming loans (excluding acquired loans past due 90
days or more on accrual status) was 98.3% at March 31, 2013, compared with
112.5% at December 31, 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 to $102.0 at March 31, 2013 from $90.2 million at
December 31, 2012.The increase was primarily related to previously mentioned
$10.3 million industrial warehouse commercial real estate loan.

Specific reserves for impaired loans at March 31, 2013 were $15.1 million, or
14.8% of the aggregate impaired loan amount, compared with $9.2 million, or
10.2% of the aggregate impaired loan amount, at December 31, 2012.Excluding
specific reserves for impaired loans, the allowance coverage on the remaining
loan portfolio was 1.32% at March 31, 2013, compared with 1.37% at December
31, 2012.

Capital

At March 31, 2013, the Company continued to exceed all regulatory capital
requirements to be classified as a "well-capitalized" institution, as
summarized in the following table.

                       3/31/2013 12/31/2012 3/31/2012
Leverage Ratio          12.64%    12.76%     15.03%
Tier 1 Risk-based Ratio 14.62%    14.91%     18.75%
Total Risk-based Ratio  15.88%    16.16%     20.01%

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

                                              3/31/2013 12/31/2012 3/31/2012
Tangible common equity per share ^(1)          $8.56     $8.43      $7.72
Tangible common equity to tangible assets ^(1) 11.76%    11.86%     11.86%

^(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 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.The accompanying financial information includes a reconciliation
of the ratio of tangible common equity to tangible assets with stockholders'
equity and total assets.

On April 16, 2013, BBCN announced a definitive agreement to acquire
Chicago-based Foster Bankshares, Inc.The transaction is valued at
approximately $4.6 million, valuing each outstanding share of Foster common
stock at $34.67.As of December 31, 2012, Foster had total assets of $412.6
million, total loans of $326.9 million and total deposits of $357.4
million.Foster Bank, a wholly owned subsidiary of Foster Bankshares, was
founded in 1989 as one of the first Korean-American banks in the Chicago
area.Foster Bank is a state-chartered bank, operating eight branches in the
Chicago metropolitan area and one branch in Annandale, Virginia.The
transaction is expected to close during the second half of 2013, subject to
regulatory approvals and satisfaction of other customary closing conditions.

Investor Conference Call

The Company will host an investor conference call on Tuesday, April 23, 2013
at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review financial
results for the first quarter of 2013.Investors and analysts may access the
conference call by dialing 866-318-8612 (domestic) or 617-399-5131
(international), passcode 86341692.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 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 April 30, 2013, passcode 55890200.

About BBCN Bancorp, Inc.

BBCN Bancorp, Inc. is the holding company of BBCN Bank, the largest
Korean-American bank in the nation with $5.8 billion in assets as of March 31,
2013. Headquartered in Los Angeles and serving a diverse mix of customers
mirroring its communities, BBCN operates 44 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.

                               (tables follow)

BBCN Bancorp, Inc.
Consolidated Statements of Financial Condition
Unaudited (Dollars in Thousands, Except per Share Data)
                                                                
                                                                
Assets              3/31/2013    12/31/2012   % change  3/31/2012    % change
                                                                
Cash and due from   $280,813   $312,916   -10%      $365,679   -23%
banks
Term federal funds  --          --         0%        20,000      -100%
sold
Securities
available for sale, 717,441     704,403     2%        697,808     3%
at fair value
Federal Home Loan
Bank and Federal    24,308      22,495      8%        26,064      -7%
Reserve Bank stock
Loans held for
sale, at the lower  48,941      51,635      -5%       50,620      -3%
of cost or fair
value
Loans receivable    4,500,046   4,296,252   5%        3,737,199   20%
Allowance for loan  (73,268)    (66,941)    -9%       (62,309)    -18%
losses
Net loans           4,426,778   4,229,311   5%        3,674,890   20%
receivable
Accrued interest    13,271      12,117      10%       12,253      8%
receivable
Premises and        22,960      22,609      2%        20,353      13%
equipment, net
Bank owned life     44,079      43,767      1%        42,819      3%
insurance
Goodwill            93,404      89,878      4%        89,882      4%
Other intangible    3,401       3,033       12%       3,938       -14%
assets, net
Other assets        163,239     148,497     10%       165,009     -1%
Total assets        $5,838,635 $5,640,661 4%        $5,169,315 13%
                                                                
Liabilities                                                      
                                                                
Deposits            $4,555,674 $4,384,035 4%        $3,920,464 16%
Borrowings from
Federal Home Loan   421,632     420,722     0%        332,109     27%
Bank
Subordinated        45,996      41,846      10%       52,137      -12%
debentures
Accrued interest    4,325       4,355       -1%       6,485       -33%
payable
Other liabilities   38,837      38,599      1%        39,954      -3%
Total liabilities   5,066,464   4,889,557   4%        4,351,149   16%
                                                                
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 March 31,
2013, December 31,
2012 and March 31,
2012, respectively
Series A, Fixed
Rate Cumulative
Perpetual Preferred
Stock, issued and
outstanding 0
shares, 0 shares    --         --         0%        65,399      -100%
and 67,000 shares
at March 31, 2013,
December 31, 2012
and March 31, 2012,
respectively
Series B, Fixed
Rate Cumulative
Perpetual Preferred
Stock, issued and
outstanding 0
shares, 0 shares    --         --         0%        54,295      -100%
and 55,000 shares
at March 31, 2013,
December 31, 2012
and March 31, 2012,
respectively
Common stock,
$0.001 par value;
authorized,
150,000,000 shares
at March 31, 2013,
December 31, 2012
and March 31, 2012;
issued and          78          78          0%        78          0%
outstanding,
78,812,140,
78,041,511 and
77,996,391 at March
31, 2013, December
31, 2012 and March
31, 2012,
respectively
Capital surplus     535,118     525,354     2%        525,123     2%
Retained earnings   230,149     216,590     6%        164,974     40%
Accumulated other
comprehensive       6,826       9,082       -25%      8,297       -18%
income, net
Total stockholders' 772,171     751,104     3%        818,166     -6%
equity
                                                                
Total liabilities
and stockholders'   $5,838,635 $5,640,661 4%        $5,169,315 13%
equity
                                                                
                   Three Months Ended
                   3/31/2013    12/31/2012   % change  3/31/2012    % change
                                                                
Interest income:                                                 
Interest and fees   $63,029    $63,107    0%        $63,419    -1%
on loans
Interest on         3,427       3,540       -3%       4,909       -30%
securities
Interest on federal
funds soldand      287         285         1%        227         26%
other investments
Total interest      66,743      66,932      0%        68,555      -3%
income
                                                                
Interest expense:                                                
Interest on         5,408       5,492       -2%       5,403       0%
deposits
Interest on other   1,619       1,794       -10%      2,293       -29%
borrowings
Total interest      7,027       7,286       -4%       7,696       -9%
expense
                                                                
Net interest income
before provision    59,716      59,646      0%        60,859      -2%
for loan losses
Provision for loan  7,506       2,422       210%      2,600       189%
losses
Net interest income
after provision for 52,210      57,224      -9%       58,259      -10%
loan losses
                                                                
Non-interest                                                     
income:
Service fees on     2,875       2,916       -1%       3,160       -9%
deposit accounts
Net gains (loss) on 2,694       2,754       -2%       2,963       -9%
sales of SBA loans
Net gains (loss) on
sales of other      43          6           0%        --         100%
loans
Net gains on sales
of securities       54          --         0%        816         -93%
available-for-sale
Net valuation gains
(losses) on         --         11          -100%     3           -100%
interest swaps and
caps
Net gains(loss) on  2           (292)       -101%     61          -97%
sales of OREO
Other income and    4,272       4,464       -4%       4,642       -8%
fees
Total non-interest  9,940       9,859       1%        11,645      -15%
income
                                                                
Non-interest                                                     
expense:
Salaries and        16,332      14,143      15%       14,079      16%
employee benefits
Occupancy           4,011       3,843       4%        3,646       10%
Furniture and       1,573       1,482       6%        1,218       29%
equipment
Advertising and     1,273       934         36%       1,458       -13%
marketing
Data processing and 1,644       1,521       8%        1,611       2%
communications
Professional fees   1,301       1,324       -2%       613         112%
FDIC assessment     694         710         -2%       1,037       -33%
Merger and
integration         1,305       505         158%      1,773       -26%
expenses
Other               5,142       6,147       -16%      5,000       3%
Total non-interest  33,275      30,609      9%        30,435      9%
expense
Income before       28,875      36,474      -21%      39,469      -27%
income taxes
Income tax          11,414      14,947      -24%      15,535      -27%
provision
Net income         $17,461    $21,527    -19%      $23,934    -27%
Dividends and
discount accretion  $--       $--       0%        $(1,869)   -100%
on preferred stock
Net income
available to common $17,461    $21,527    -19%      $22,065    -21%
stockholders
                                                                
Earnings Per Common                                              
Share:
Basic               $0.22      $0.28               $0.28      
Diluted             $0.22      $0.28               $0.28      
                                                                
Average Shares                                                   
Outstanding:
Basic               78,389,434  78,033,439           77,987,342  
Diluted             78,468,745  78,113,083           78,101,818  
                                                                
                                                                
                   Three months ended
                   3/31/2013    12/31/2012   9/30/2012 6/30/2012    3/31/2012
                                                                
Net Income          $17,461    $21,527    $18,398 $19,364    $23,934
Add back: Income    11,414      14,947      11,827   12,101      15,535
tax
Add back: Provision 7,506       2,422       6,900    7,182       2,600
for loan losses
Pre-tax,
pre-provision       $36,381    $38,896    $37,125 $38,647    $42,069
income (PTPP) ^1
PTPP to average     2.54%        2.83%        2.87%     3.03%        3.27%
assets (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)                                    
                    At or for the Three Months Ended
Profitability       3/31/2013    12/31/2012   3/31/2012             
measures:
ROA ^2              1.22%        1.57%        1.86%                 
ROE ^2              9.13%        11.55%       11.87%                
Return on average
tangible equity     10.42%       13.20%       13.44%                
^2,3
Net interest margin 4.49%        4.61%        5.11%                 
Efficiency ratio    47.77%       44.04%       41.98%                
                                                                
^2 based on netincome 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 wth information that is useful in
understanding our financial performance and position.

                 Three Months Ended                Three Months Ended                Three Months Ended
                 3/31/2013                         12/31/2012                        3/31/2012
                                                                                                    
                             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    $4,444,320 $63,029 5.75%      $4,262,167 $63,107 5.89%      $3,777,495 $63,419 6.75%
held for sale
Securities
available for     691,984     3,427    1.98%      681,296     3,540    2.08%      725,728     4,909    2.71%
sale
FRB and FHLB
stock and other   257,526     287      0.45%      206,348     285      0.54%      257,583     178      0.27%
investments
Federal funds     --         --      0.00%      43          --      0.30%      25,780      49       0.74%
sold
Total interest    $5,393,830 $66,743 5.01%      $5,149,854 $66,932 5.17%      $4,786,586 $68,555 5.76%
earning assets
                                                                                                    
INTEREST BEARING                                                                                     
LIABILITIES:
Deposits:                                                                                            
Demand,           $1,265,967 $1,873  0.60%      $1,192,546 $1,818  0.61%      $1,232,763 $2,123  0.69%
interest-bearing
Savings          186,189     754      1.64%      181,283     793      1.74%      195,932     922      1.89%
Time deposits:                                                                                       
$100,000 or more  1,161,322   1,730    0.60%      988,157     1,635    0.66%      767,171     1,411    0.74%
Other             695,802     1,052    0.61%      717,419     1,246    0.69%      722,982     947      0.53%
Total time        1,857,124   2,782    0.61%      1,705,576   2,881    0.67%      1,490,153   2,358    0.64%
deposits
Total interest    3,309,280   5,409    0.66%      3,079,405   5,492    0.71%      2,918,848   5,403    0.74%
bearing deposits
FHLB advances     422,944     1,224    1.17%      422,518     1,397    1.31%      339,964     1,626    1.92%
Other borrowings  42,264      395      3.74%      40,231      397      3.86%      50,108      667      5.26%
Total interest
bearing           3,774,488   $7,028  0.75%      3,542,154   $7,286  0.82%      3,308,920   $7,696  0.93%
liabilities
Non-interest
bearing demand    1,138,690                      1,155,905                      984,813              
deposits
Total funding
liabilities       $4,913,178          0.58%      $4,698,059          0.62%      $4,293,733          0.72%
/cost of funds
Net interest
income / net                  $59,715 4.26%                  $59,646 4.35%                  $60,859 4.83%
interest spread
Net interest                           4.49%                           4.61%                           5.11%
margin
Net interest
margin, excluding                                                                                    
effect of
non-accrual loan                       4.47%                           4.63%                           5.14%
income(expense)
Net interest
margin, excluding                                                                                    
effect of
non-accrual loan
income(expense)                        4.46%                           4.60%                           5.13%
and prepayment
fee income
                                                                                                    
Non-accrual loan
income (reversed)             $236                          $(205)                        $(349)  
recognized
Prepayment fee                63                             313                            116       
income received
Net                           $299                          $108                          $(233)  
                                                                                                    
Cost of deposits:                                                                                    
Non-interest
bearing demand    $1,138,690 $--              $1,155,905 $--              $984,813   $--    
deposits
Interest bearing  3,309,280   5,409    0.66%      3,079,405   5,492    0.71%      2,918,848   5,403    0.74%
deposits
Total deposits    $4,447,970 $5,409  0.49%      $4,235,310 $5,492  0.52%      $3,903,661 $5,403  0.56%
                                                                                                    

                     For the Three Months Ended
                     3/31/2013    12/31/2012   % change   3/31/2012    %
                                                                        change
AVERAGE BALANCES                                                    
Gross loans, includes $4,444,320 $4,262,167 4%         $3,777,495 18%
loans held for sale
Investments           949,510     887,687     7%         1,009,091   -6%
Interest-earning      5,393,830   5,149,854   5%         4,786,586   13%
assets
Total assets          5,727,738   5,490,540   4%         5,139,554   11%
                                                                   
Interest-bearing      3,309,280   3,079,405   7%         2,918,848   13%
deposits
Interest-bearing      3,774,488   3,542,154   7%         3,308,920   14%
liabilities
Non-interest-bearing  1,138,690   1,155,905   -1%        984,813     16%
demand deposits
Stockholders' Equity  765,230     745,468     3%         806,383     -5%
Net interest earning  1,619,342   1,607,700   1%         1,477,666   10%
assets
                                                                   
LOAN PORTFOLIO        3/31/2013    12/31/2012   % change   3/31/2012    %
COMPOSITION:                                                           change
                                                                   
Commercial loans      $1,078,253 $1,073,625 0%         $999,011   8%
Real estate loans     3,374,732   3,174,759   6%         2,676,589   26%
Consumer and other    48,881      49,954      -2%        64,095      -24%
loans
Loans outstanding     4,501,866   4,298,338   5%         3,739,695   20%
Unamortized deferred
loan fees - net of    (1,820)     (2,086)     13%        (2,496)     27%
costs
Loans, net of
deferred loan fees    4,500,046   4,296,252   5%         3,737,199   20%
and costs
Allowance for loan    (73,268)    (66,941)    -9%        (62,309)    -18%
losses
Loan receivable, net  $4,426,778 $4,229,311 5%         $3,674,890 20%
                                                                   
REAL ESTATE LOANS BY  3/31/2013    12/31/2012   % change   3/31/2012    %
PROPERTY TYPE:                                                          change
Retail buildings      $914,809   $868,567   5%         $785,264   16%
Hotels/motels         642,470     609,076     5%         436,628     47%
Gas stations/ car     483,151     428,997     13%        408,311     18%
washes
Mixed-use facilities  303,286     340,433     -11%       209,081     45%
Warehouses            356,724     294,421     21%        270,929     32%
Multifamily           147,383     142,610     3%         122,859     20%
Other                 526,909     490,655     7%         443,517     19%
Total                 $3,374,732 $3,174,759 6%         $2,676,589 26%
                                                                   
DEPOSIT COMPOSITION   3/31/2013    12/31/2012   % Change   3/31/2012    %
                                                                        Change
Non-interest-bearing  $1,182,509 $1,184,285 0%         $1,011,466 17%
demand deposits
Money market and      1,269,388   1,248,304   2%         1,240,295   2%
other
Saving deposits       192,208     180,686     6%         193,458     -1%
Time deposits of      1,237,366   1,088,611   14%        787,774     57%
$100,000 or more
Other time deposits   674,203     682,149     -1%        687,471     -2%
Total deposit         $4,555,674 $4,384,035 4%         $3,920,464 16%
balances
                                                                   
DEPOSIT COMPOSITION   3/31/2013    12/31/2012   3/31/2012              
(%)
Non-interest-bearing  26.0%        27.0%        25.8%                  
demand deposits
Money market and      27.9%        28.6%        31.7%                  
other
Saving deposits       4.2%         4.1%         4.9%                   
Time deposits of      27.2%        24.8%        20.1%                  
$100,000 or more
Other time deposits   14.8%        15.6%        17.5%                  
Total deposit         100.0%       100.0%       100.0%                 
balances
                                                                   
CAPITAL RATIOS        3/31/2013    12/31/2012   3/31/2012              
Total stockholders'   $772,171   $751,104   $818,166             
equity
Tier 1 risk-based     14.62%       14.91%       18.85%                 
capital ratio
Total risk-based      15.88%       16.16%       20.11%                 
capital ratio
Tier 1 leverage       12.64%       12.76%       15.08%                 
ratio
Book value per common $9.79      $9.62      $8.92                
share
Tangible common       $8.56      $8.43      $7.72                
equity per share^4
Tangible common
equity to tangible    11.76%       11.86%       11.86%                 
assets^4
                                                                   
^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,
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.
                                                                   

                                                                
Reonciliation of
GAAP financial
measures to                                                      
non-GAAP financial
measures:
                                                                
                   3/31/2013    12/31/2012   3/31/2012             
Total stockholders' $772,171   $751,104   $818,166            
equity
Less: Preferred
stock, net of       --         --         (119,694)            
discount
Common stock        (378)       (378)       (2,760)              
warrant
Goodwill and other
intangible assets,  (96,805)    (92,911)    (93,820)             
net
Tangible common     $674,988   $657,815   $601,892            
equity
                                                                
Total assets        $5,838,635 $5,640,661 $5,169,315          
Less: Goodwill and
other intangible    (96,805)    (92,911)    (93,820)             
assets, net
Tangible assets     $5,741,830 $5,547,750 $5,075,495          
                                                                
Common shares       78,812,140  78,041,511  77,996,391           
outstanding
                                                                
Tangible common
equity to tangible  11.76%       11.86%       11.86%                
assets
Tangible common     $8.56      $8.43      $7.72               
equity per share
                                                                
                                                                
                   For the Three Months Ended
ALLOWANCE FOR LOAN  3/31/2013    12/31/2012   9/30/2012    6/30/2012 3/31/2012
LOSSES:
Balance at          $66,941    $65,952    $65,505    $62,309 $61,952
beginning of period
Provision for loan  7,506       2,422       6,900       7,182    2,600
losses
Recoveries          250         587         1,316       1,623    1,139
Charge offs         (1,429)     (2,020)     (7,769)     (5,609)  (3,382)
Balance at end of   $73,268    $66,941    $65,952    $65,505 $62,309
period
Net
charge-off/average  0.11%        0.13%        0.64%        0.41%     0.24%
gross loans
(annualized)
                                                                
                   For the Three Months Ended
NET CHARGED OFF     3/31/2013    12/31/2012   9/30/2012    6/30/2012 3/31/2012
LOANSBY TYPE
                                                                
Real estate loans   $1,014     $651       $1,101     $1,378  $1,610
Commercial loans    150         627         5,403       2,158    631
Consumer loans      15          155         (51)        451      2
Total net          $1,179     $1,433     $6,453     $3,987  $2,243
charge-offs
                                                                
                                                                
NON-PERFORMING      3/31/2013    12/31/2012   9/30/2012    6/30/2012 3/31/2012
ASSETS
Delinquent loans 90
days or more on     $42,269    $29,653    $29,369    $39,567 $39,935
non-accrual status
Delinquent loans 90
days or more on     21,621      17,742      22,454      20,708   18,257
accrual status^5, 7
Accruing            32,249      29,849      22,175      22,994   23,888
restructured loans
Total
non-performing      96,139      77,244      73,998      83,269   82,080
loans
Other real estate   8,419       2,698       4,135       6,712    5,641
owned
Total
non-performing      $104,558   $79,942    $78,133    $89,981 $87,721
assets
Non-performing
assets/ total       1.79%        1.42%        1.47%        1.78%     1.70%
assets
Non-performing
assets/ gross loans 2.32%        1.86%        1.92%        2.32%     2.34%
& OREO
Non-performing
assets/ total       13.54%       10.64%       10.64%       12.58%    10.72%
capital
Non-performing      2.14%        1.80%        1.82%        2.15%     2.19%
loans/gross loans
Non-accrual         0.94%        0.69%        0.72%        1.02%     1.07%
loans/gross loans
Allowance for loan  1.63%        1.56%        1.62%        1.69%     1.67%
losses/ gross loans
Allowance for loan
losses/ non-accrual 173.34%      225.75%      224.56%      165.55%   156.03%
loans
Allowance for loan
losses/
non-performing
loans (excludes     98.32%       112.50%      127.95%      104.71%   97.63%
delinquent loans 90
days or more on
accrual status^5)
Allowance for loan
losses/             70.07%       83.74%       84.41%       72.80%    71.03%
non-performing
assets
^5 All such loans represent acquired loans that were originally recorded at
fair value upon acquisition. These loans are considered to be accruing as we
can reasonably estimate future cash flows on acquired loans and we expect to
fully collect the carrying value of these loans. Therefore, we are accreting
the difference between the carrying value of these loans and their expected
cash flows.

                       
BREAKDOWN OF ACCRUING
RESTRUCTURED LOANS BY   3/31/2013  12/31/2012 9/30/2012  6/30/2012  3/31/2012
TYPE:
Retail buildings        $2,556   $3,301   $1,915   $1,526   $804
Hotels/motels           8,701     8,774     8,841     8,909     8,425
Gas stations/ car       --       --       --       --       --
washes
Mixed-use facilities    816       --       --       2,312     3,254
Warehouses              492       494       1,045     1,052     1,060
Multifamily             3,247     3,247     --       --       --
Other^6                 16,437    14,023    10,374    9,195     10,563
Total                   $32,249  $29,839  $22,175  $22,994  $24,106
^6 Includes commercial
business and other                                              
loans
                                                               
                                                               
DELINQUENT LOANS LESS   3/31/2013  12/31/2012 9/30/2012  6/30/2012  3/31/2012
THAN 90 DAYS PAST DUE
                                                               
Legacy                                                          
30 - 59 days            $1,174   $968     $3,056   $5,479   $3,062
60 - 89 days            2,411     349       517       833       3,747
Total delinquent loans
less than 90 days past  $3,585   $1,317   $3,573   $6,312   $6,809
due - legacy^7
                                                               
Acquired                                                        
30 - 59 days            $22,552  $7,411   $4,062   $3,601   $6,422
60 - 89 days            3,848     16,835    2,438     6,080     3,075
Total delinquent loans
less than 90 days past  $26,400  $24,246  $6,500   $9,681   $9,497
due - acquired^7
                                                               
Total delinquent loans
less than 90 days past  $29,985  $25,563  $10,073  $15,993  $16,306
due^7
                                                               
DELINQUENT LOANS LESS
THAN 90 DAYS PAST DUE   3/31/2013  12/31/2012 9/30/2012  6/30/2012  3/31/2012
BY TYPE
                                                               
Legacy                                                          
Real estate loans       $2,870   $595     $2,448   $5,269   $5,540
Commercial loans        692       532       1,108     1,027     1,269
Consumer loans          23        190       17        16        --
Total delinquent loans
less than 90 days past  $3,585   $1,317   $3,573   $6,312   $6,809
due - legacy^7
                                                               
Acquired                                                        
Real estate loans       $14,437  $21,598  $3,813   $6,631   $6,972
Commercial loans        11,294    2,533     2,318     2,422     1,655
Consumer loans          669       115       369       628       870
Total delinquent loans
less than 90 days past  $26,400  $24,246  $6,500   $9,681   $9,497
due - acquired^7
                                                               
Total delinquent loans
less than 90 days past  $29,985  $25,563  $10,073  $15,993  $16,306
due^7
                                                               
                                                               
NON-ACCRUAL LOANSBY    3/31/2013  12/31/2012 9/30/2012  6/30/2012  3/31/2012
TYPE
                                                               
Real estate loans       $33,751  $20,430  $22,254  $27,822  $27,527
Commercial loans        7,591     8,253     6,208     11,463    11,436
Consumer loans          927       970       907       282       972
Total non-accrual       $42,269  $29,653  $29,369  $39,567  $39,935
loans^7
                       
CRITICIZED LOANS       3/31/2013  12/31/2012 9/30/2012  6/30/2012  3/31/2012
Legacy                                                          
Special mention         $59,681  $25,279  $32,708  $48,701  $39,667
Substandard             94,303    94,335    92,091    88,537    100,394
Doubtful                455       474       597       5,530     6,243
Loss                    22        --       --       --       --
Total criticized loans  $154,461 $120,088 $125,396 $142,768 $146,304
- legacy^7
                                                               
Acquired                                                        
Special mention         $52,722  $54,310  $61,951  $60,686  $67,722
Substandard             133,398   113,610   95,387    110,370   109,699
Doubtful                327       415       202       261       470
Loss                    849       245       77        11        81
Total criticized loans  $187,296 $168,580 $157,617 $171,328 $177,972
- acquired^7
                                                               
Total criticized        $341,757 $288,668 $283,013 $314,096 $324,276
loans^7
                                                               
^7 Excludes the guaranteed portion of delinquent SBA loans as these are 100%
guaranteed by the SBA.

CONTACT: Investors and Financial Media:
         Angie Yang
         SVP, Investor Relations
         213-251-2219
         angie.yang@BBCNbank.com
 
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