Wilshire Bancorp Declares $0.05 Cash Dividend

Wilshire Bancorp Declares $0.05 Cash Dividend

LOS ANGELES, June 2, 2014 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc.
(Nasdaq:WIBC), the parent company of Wilshire Bank, announced today that the
Board of Directors has declared a quarterly cash dividend of $0.05 per common
share. The dividend will be paid to all stockholders of record as of June 30,
2014, payable on July 15, 2014.

COMPANY INFORMATION

Headquartered in Los Angeles, Wilshire Bancorp is the parent company of
Wilshire Bank, which operates 35 branch offices in California, Texas, New
Jersey and New York, and 7 loan production offices in Dallas, TX, Atlanta, GA,
Aurora, CO, Annandale, VA, Palisades Park, NJ, Newark, CA, and New York, NY,
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.In 2014, Wilshire Bancorp was named one of
America's 50 Most Trustworthy Financial Companies by Forbes. For more
information, please go to www.wilshirebank.com.

FORWARD-LOOKING STATEMENTS

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. 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: Alex Ko, EVP & CFO, (213) 427-6560
         www.wilshirebank.com
 
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