LOS ANGELES, June 16, 2009 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc. ("Wilshire" or the "Company") (Nasdaq:WIBC), the holding company for Wilshire State Bank, today announced that it will participate in the Fox-Pitt Kelton (FPK) Small and Mid-Cap Bank and Insurance Conference at the Roosevelt Hotel in New York City on Thursday, June 18, 2009.
President and CEO Joanne Kim will present at 3:35 p.m. Eastern time in the Vanderbilt Suite. Conference attendance is by pre-registration only through FPK. A downloadable copy of the Wilshire Bancorp presentation will be available on the investor relations section of the company's website that day.
COMPANY INFORMATION
Headquartered in Los Angeles, Wilshire State Bank operates 21 branch offices in California, Texas, New Jersey and New York, and five loan production offices in Dallas, Houston, Atlanta, Denver, and Annandale, VA, and is a SBA preferred lender nationwide. Wilshire State 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. Wilshire Bancorp's strategic goals include increasing shareholder and franchise value by continuing to grow its multi-ethnic banking business and expanding its geographic reach to other similar markets with strong levels of small business activity.
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. Specific factors include, but are not limited to, loan production and sales, credit quality, the ability to expand net interest margin, the ability to continue to attract low-cost deposits, success of expansion efforts, competition in the marketplace and general economic conditions. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes included in Wilshire Bancorp's most recent reports on Form 10-K and Form 10-Q, as filed with the Securities and Exchange Commission, as they may be amended from time to time. Results of operations for the most recent quarter are not necessarily indicative of operating results for any future periods. Any projections in this release are based on limited information currently available to management and are subject to change. Since management will only provide guidance at certain points during the year, Wilshire Bancorp will not necessarily update the information. Such information speaks only as of the date of this 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.