Wilshire Bancorp, Inc. Announces 2013 Fourth Quarter and Year End Earnings
LOS ANGELES, Jan. 22, 2014 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc.
(Nasdaq:WIBC), will hold its quarterly conference call to discuss 2013 fourth
quarter and year end results on Tuesday, January 28, 2014, at 11:00 A.M. PST
(2:00 P.M. EST).
The financial results for the fourth quarter and year ended December 31, 2013
will be released after market close on January 27, 2014. The conference call
will be hosted by J.W. Yoo, President and Chief Executive Officer and Alex Ko,
Executive Vice President and Chief Financial Officer.
This call is being webcast by NASDAQ OMX and can be accessed at Wilshire
Bank's Web site at www.wilshirebank.com.The webcast is also being distributed
through third party distribution channels, including the StreetEvents Network
operated by Thomson Reuters (Markets) LLC and its affiliates.
Institutional investors can also listen to the call by dialing toll-free
866-543-6403 (domestic) or 617-213-8896 (international) and providing passcode
The replay will be archived on our website for one year and a telephone replay
will be available until February 4, 2014 by dialing 888-286-8010 (domestic) or
617-801-6888 (international) and entering passcode 15552883.
ABOUT WILSHIRE BANCORP
Headquartered in Los Angeles, Wilshire Bancorp is the parent company of
Wilshire Bank, which operates 38 branch offices in California, Texas, New
Jersey and New York, and nine loan production offices in Dallas and Houston,
TX, Atlanta, GA, Aurora, CO, Annandale, VA, Fort Lee, NJ, Newark, CA, New
York, NY, and Bellevue, WA, and is an SBA preferred lender nationwide.
Wilshire Bank is a community bank with a focus on commercial real estate
lending and general commercial banking, with its primary market encompassing
the multi-ethnic populations of the Los Angeles Metropolitan area.For more
information, please go to www.wilshirebank.com.
Statements concerning future performance, events, or any other guidance on
future periods constitute forward-looking statements that are subject to a
number of risks and uncertainties that might cause actual results to differ
materially from stated expectations. Undue reliance should not be placed on
forward-looking statements, as they are subject to risks and uncertainties,
including but not limited to the risk factors set forth in our most recent
Annual Report on Form 10-K and our other filings made from time to time with
the Securities and Exchange Commission.Specific factors that could cause
future results to differ materially from historical performance and these
forward-looking statements include, but are not limited to: (1) loan
production and sales, (2) credit quality, (3) the ability to expand net
interest margin, (4) the ability to continue to attract low-cost deposits, (5)
success of expansion efforts, (6) competition in the marketplace, (7)
political developments, war or other hostilities, (8) changes in the interest
rate environment, (9) the ability of our borrowers to repay their loans, (10)
the ability to maintain capital requirements and adequate sources of
liquidity, (11) effects of or changes in accounting policies, (12) legislative
or regulatory changes or actions, (13) the ability to attract and retain key
personnel, (14) the ability to receive dividends from our subsidiaries, (15)
the ability to secure confidential information through the use of computer
systems and telecommunications networks, (16) weakening in the economy,
specifically the real estate market, either nationally or in the states in
which we do business, and (17) general economic conditions. The information in
this press release speaks only as of the date of this release and Wilshire
Bancorp specifically disclaims any duty to update the information in this
press release. Additional information on these and other factors that could
affect financial results are included in filings by Wilshire Bancorp with the
Securities and Exchange Commission.
CONTACT: WILSHIRE BANCORP, INC.
Alex Ko, EVP & CFO
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