te lis financial institutions

22 LOS ANGELES BUSINESS JOURNAL NOVEMBER 8, 2021

THE LIST Ranked by L.A. County market share as of June 30

FINANCIAL INSTITUTIONS NEXT WEEKInfrastructure Construction Projects

Continued on page 24

($ in billions as of June 30)Rank Institution• name

• address

• website

Market Share• 2021

• 2020 L.A. CountyDeposits• 2021

• 2020

Total Deposits• 2021

• 2020

Assets• 2021

• 2020

Profile• L.A. County branches

• total branches

• headquarters

• year founded

Top Executive• name

• title

• phone

1Bank of America333 S. Hope St.Los Angeles 90071bankofamerica.com

16.5%16.4%

$97.5$85.6

$1,986.1$1,820.5

$2,350.3$2,161.7

2374,215Charlotte, N.C.1904

Brian MoynihanCEO, Chairman(213) 621-3600

2JPMorgan Chase & Co.2029 Century Park EastLos Angeles 90067jpmorganchase.com

15.213.8

89.471.9

2,403.02,050.1

3,190.12,820.9

2754,925New York1799

Jamie DimonCEO, Chairman(310) 860-7294

3Wells Fargo & Co.333 S. Grand Ave.Los Angeles 90071wellsfargo.com

12.812.9

75.467.5

1,494.61,501.2

1,776.71,799.9

2264,988San Francisco1870

Charles ScharfCEO, President(800) 869-3557

4MUFG Union Bank1

445 S. Figueroa St.Los Angeles 90071unionbank.com

7.88.5

45.744.4

105.2103.6

133.2136.3

64305San Francisco1979

Kevin CroninCEO, President(213) 236-5000

City National Bank555 S. Flower St.Los Angeles 90071cnb.com

7.87.1

45.736.9

75.462.3

85.071.5

3275Los Angeles1954

Kelly CoffeyCEO(800) 773-7100

6CIT Bank (OneWest)95 S. Lake Ave.Pasadena 91101bankoncit.com

6.68.3

38.643.2

42.247.3

49.356.7

4784Pasadena1908

Ellen AlemanyCEO, Chairwoman(800) 669-2300

7East West Bank135 N. Los Robles Ave., Seventh FloorPasadena 91101eastwestbank.com

6.25.1

36.426.7

53.041.2

59.849.4

44109Pasadena1972

Dominic NgCEO, Chairman(626) 768-6000

8Citibank5660 Wilshire Blvd.Los Angeles 90036citibank.com

4.24.0

24.821.1

703.91,244.4

1,693.21,633.7

100679Sioux Falls, S.D.1812

Jane FraserCEO(323) 302-9530

9Bank of the West300 S. Grand Ave.Los Angeles 90071bankofthewest.com

1.91.9

11.39.9

83.480.3

99.2100.0


Nandita BakhshiCEO, President(213) 972-0200

10U.S. Bank633 W. 5th St.Los Angeles 90071usbank.com

1.81.9

10.89.9

442.9425.3

547.9536.3

1102,319Cincinnati1863

Andrew CecereCEO, President(800) 872-2657

First Republic Bank1888 Century Park EastCentury City 90067firstrepublic.com

1.81.5

10.67.7

134.798.5

161.6128.3


James Herbert IICo-CEO, Chairman, FounderHafize Gaye ErkanCo-CEO, President(877) 743-7777

12Bank of Hope3200 Wilshire Blvd., Suite 1400Los Angeles 90010bankofhope.com

1.61.8

9.49.2

14.714.1

17.517.2

2053Los Angeles1986

Kevin KimCEO, President, Chairman(213) 639-1700

13Comerica Bank601 S. Figueroa St., Suite 1200Los Angeles 90017comerica.com

1.41.5

8.07.8

77.169.1

88.384.4

26430Dallas1849

Curtis FarmerCEO, President, Chairman(800) 522-2265

14Cathay Bank777 N. BroadwayLos Angeles 90012cathaybank.com

1.31.6

7.78.2

16.616.3

19.319.2

1659Los Angeles1962

Chang LiuCEO, President(213) 625-4700

15HSBC Bank USA725 S. Figueroa St.Los Angeles 90017hsbcusa.com

1.21.4

6.87.3

162.1168.8

194.8211.0

20147Tysons, Va.1865

Michael RobertsCEO, President(800) 975-4722

1 U.S. Bank to acquire MUFG Union Bank effective in the first half of 2022.NA - Not Available Note: The financial information on this list was provided by the FDIC. Financial institutions are rankedby their deposits in L.A. County branches as of June 30. To the best of our knowledge, this information is accurate as ofpress time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical

errors sometimes occur. Please send corrections or additions on company letterhead to the Research Department, LosAngeles Business Journal, 11150 Santa Monica Blvd., Suite 350, Los Angeles 90025. ©2021 Los Angeles BusinessJournal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints areavailable from Wright’s Media (877) 652-5295.

Researched by Joshua Niv

022-27_FINANCElist.indd 22022-27_FINANCElist.indd 22 11/4/21 3:08 PM11/4/21 3:08 PM

24 LOS ANGELES BUSINESS JOURNAL THE LIST NOVEMBER 8, 2021

Continued from page 22FINANCIAL INSTITUTIONS($ in billions as of June 30)Rank Institution

• name

• address

• website



• 2020


• 2020

Assets• 2021

• 2020


• total branches

• headquarters

• year founded


• title

• phone

16Pacific Western Bank9701 Wilshire Blvd., Suite 700Beverly Hills 90212pacificwesternbank.com

1.0%1.0%

$5.7$5.1

$29.8$23.0

$34.8$27.3

2073Beverly Hills1982

Matthew WagnerCEO, President(310) 887-8500

17Citizens Business Bank701 N. Haven Ave.Ontario 91764cbbank.com

0.90.9

5.44.5

12.711.0

15.513.7

2358Ontario1974

David BragerCEO(909) 980-4030

18Preferred Bank601 S. Figueroa St., 29th FloorLos Angeles 90017preferredbank.com

0.70.7

4.03.6

4.84.4

5.65.0

914Los Angeles1991

Li YuCEO, Chairman(213) 891-1188

Farmers and Merchants Bank of Long Beach302 Pine Ave.Long Beach 90802fmb.com

0.70.7

4.03.6

8.47.2

10.79.4

1125Long Beach1907

Daniel WalkerCEO, Chairman(562) 437-0011

20California Bank & Trust550 S. Hope St.Los Angeles 90071calbanktrust.com

0.60.6

3.83.3

76.176.4

87.265.7

22420Salt Lake City1873

Eric EllingsenCEO(213) 228-1700

Hanmi Bank3660 Wilshire Blvd., Suite ALos Angeles 90010hanmi.com

0.60.7

3.73.4

5.65.2

6.66.2

1736Los Angeles1982

Bonita LeeCEO, President(213) 382-2200

American Business Bank400 S. Hope St., Suite 300Los Angeles 90071americanbb.bank

0.60.6

3.43.0

3.43.0

3.73.3

11Los Angeles1998

Leon BlanksteinCEO, President(213) 430-4000

23Luther Burbank Savings175 S. Beverly DriveBeverly Hills 90212lutherburbanksavings.com

0.50.6

3.23.1

5.45.4

7.37.2

814Santa Rosa1983

Simone LagomarsinoCEO, President(310) 272-7370

Manufacturers Bank515 S. Figueroa St., Fourth FloorLos Angeles 90071manufacturers-ca.com

0.50.6

2.73.3

3.13.7

3.84.6

710Los Angeles1962

Kazuhisa MiyagawaCEO, Chairman, Interim President(213) 489-6200

25Pacific Premier Bank17901 Von Karman Ave., Suite 1200Irvine 92614ppbi.com

0.40.5

2.42.4

17.117.2

20.520.5

1365Irvine1983

Steven GardnerCEO, President, Chairman(888) 388-5433

Banc of California3 MacArthur PlaceSanta Ana 92707bancofcal.com

0.40.4

2.32.1

6.26.1

8.07.8

1731Santa Ana1941

Jared WolffCEO, President(213) 229-9704

27Royal Business Bank1055 Wilshire Blvd., Suite 1200Los Angeles 90017royalbusinessbankusa.com

0.30.3

1.81.4

3.22.5

3.93.1

1022Los Angeles2008

Yee Phong (Alan) ThianCEO, President(213) 627-9888

MidFirst Bank1875 Century Park East, Suite 1400Los Angeles 90067midfirst.com

0.30.3

1.81.3

20.616.1

31.024.3

381Oklahoma City1982

G. Jeffrey Records Jr.CEO, Chairman(310) 270-9500

29Pacific City Bank3701 Wilshire Blvd., Suite 900Los Angeles 90010paccity.net

0.20.3

1.41.3

1.81.7

2.12.0

813Los Angeles2003

Henry KimCEO, President(213) 210-2000

First Choice Bancorp1

N/A0.20.2

1.41.3

1.91.6

2.42.2

N/A N/A

1 Acquired by Enterprise Financial Services Corp. on July 21, 2021.NA - Not Available Note: The financial information on this list was provided by the FDIC. Financial institutions are rankedby their deposits in L.A. County branches as of June 30. To the best of our knowledge, this information is accurate as ofpress time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical




26 LOS ANGELES BUSINESS JOURNAL THE LIST NOVEMBER 8, 2021

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Continued from page 25FINANCIAL INSTITUTIONS($ in billions as of June 30)Rank Institution

• name

• address

• website



• 2020


• 2020

Assets• 2021

• 2020


• total branches

• headquarters

• year founded


• title

• phone

Western Alliance Bank601 W. 5th St., Suite 100Los Angeles 90071westernalliancebancorporation.com

0.1%0.1%

$0.7$0.6

$42.3$27.8

$49.1$31.9

236Phoenix2003

Kenneth VecchioneCEO(213) 362-5200

Boston Private Bank & Trust Co.16000 Ventura Blvd.Encino 91436bostonprivatebank.com

0.10.1

0.60.6

9.17.5

10.29.1

520Boston1983

Anthony DeChellisCEO, President(818) 501-1700

HomeStreet Bank1118 N. Vermont Ave.Los Angeles 90029homestreet.com

0.10.1

0.60.6

6.15.7

7.17.3

961Seattle1986

Mark MasonCEO, Chairman, President(626) 646-1795

IDB Bank888 S. Figueroa St., Suite 550Los Angeles 90017idbny.com

0.10.1

0.60.6

9.88.7

11.410.3

27New York1922

Ziv BironCEO, President(213) 861-6440

Northern Trust2049 Century Park East, Suite 3600Los Angeles 90067northerntrust.com

0.10.1

0.60.7

148.0125.1

171.9150.9

255Chicago1889

Michael O'GradyCEO, President(310) 282-3800

Bank Leumi USA1

555 W. 5th St.Los Angeles 90013leumiusa.com

0.10.1

0.60.5

7.16.0

8.47.3

15New York1958

Avner MendelsonCEO, President(213) 452-8600

1 Valley National Bancorp to acquire Bank Leumi USA effective in the first half of 2022.NA - Not Available Note: The financial information on this list was provided by the FDIC. Financial institutions are rankedby their deposits in L.A. County branches as of June 30. To the best of our knowledge, this information is accurate as ofpress time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical




NOVEMBER 8, 2021 THE LIST LOS ANGELES BUSINESS JOURNAL 25

Continued on page 26

FINANCIAL INSTITUTIONS($ in billions as of June 30)Rank Institution

• name

• address

• website



• 2020


• 2020

Assets• 2021

• 2020


• total branches

• headquarters

• year founded


• title

• phone

CTBC Bank Corp. (USA)801 S. Figueroa St., Suite 2300Los Angeles 90017ctbcbankusa.com

0.2%0.2%

$1.4$1.3

$3.4$3.2

$4.0$3.9

714Los Angeles1965

Noor MenaiCEO, President(310) 791-2828

Open Bank1000 Wilshire Blvd., Suite 500Los Angeles 90017myopenbank.com

0.20.2

1.20.9

1.41.1

1.61.3

69Los Angeles2005

Min KimCEO, President(213) 892-9999

First Bank4301 MacArthur Blvd.Newport Beach 92660firstbanks.com

0.20.2

1.11.0

6.06.2

6.76.9

1480Creve Coeur, Mo.1906

Shelley SeifertCEO, Chairwoman(949) 476-3255

Commonwealth Business Bank3435 Wilshire Blvd., Suite 700Los Angeles 90010cbb-bank.com

0.20.2

1.10.8

1.41.0

1.61.3

48Los Angeles2005

Joanne KimCEO, President(323) 988-3000

Malaga Bank2514 Via TejonPalos Verdes Estates 90274malagabank.com

0.20.2

0.90.8

0.90.8

1.41.3

55Palos Verdes Estates1985

Randy BowersCEO, President(310) 375-9000

36First General Bank19036 Colima RoadRowland Heights 91748fgbusa.com

0.10.1

0.80.7

0.90.8

1.21.0

45Rowland Heights2005

Cliff HsuCEO, President(626) 820-1234

Mizrahi Tefahot Bank Ltd.800 Wilshire Blvd., Suite 1410Los Angeles 90017umtbusa.com

0.10.2

0.80.8

0.80.8

2.03.2

11Los Angeles1981

Moshe LariCEO, President(213) 362-2999

NA - Not Available Note: The financial information on this list was provided by the FDIC. Financial institutions are rankedby their deposits in L.A. County branches as of June 30. To the best of our knowledge, this information is accurate as ofpress time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical




NOVEMBER 8, 2021 THE LIST LOS ANGELES BUSINESS JOURNAL 27

FINANCIAL INSTITUTIONS($ in billions as of June 30)Rank Institution

• name

• address

• website



• 2020


• 2020

Assets• 2021

• 2020


• total branches

• headquarters

• year founded


• title

• phone

Sterling Bank and Trust711 W. Valley Blvd.Alhambra 91803sterlingbank.com

0.1%0.1%

$0.5$0.6

$3.4$2.9

$2.6$3.7

430Southfield, Mich.1984

Thomas O'BrienCEO, President, Chairman(626) 576-8810

Industrial and Commercial Bank of China (USA)168 W. Valley Blvd.San Gabriel 91776icbc-us.com

0.10.1

0.50.5

2.32.0

3.02.9

514New York1983

David WillnerDeputy CEO(626) 656-0880

EverTrust Bank2 N. Lake Ave., Suite 1030Pasadena 91101evertrustbank.com

0.10.1

0.50.5

0.80.7

1.00.9

58Pasadena1995

Jesse KungCEO, President(626) 993-3800

American Plus Bank630 W. Duarte RoadArcadia 91007bankaplus.com

0.10.1

0.50.5

0.50.5

0.60.6

33Arcadia2007

Gi-Yu LinActing CEO, President(626) 821-9188

New Omni Bank1235 S. Garfield Ave.Alhambra 91801newomnibank.com

0.10.1

0.50.4

0.50.4

0.60.5

33Alhambra1980

Chris HuangCEO, Chairman(626) 284-5555

First Foundation Bank1801 Von Karman Ave., 7th FloorIrvine 92612firstfoundationinc.com

0.10.1

0.40.3

7.15.7

7.97.1

622Irvine1990

Scott KavanaughCEO(949) 202-4100

First-Citizens Bank & Trust Co.350 S. Beverly Drive, Suite 150Beverly Hills 90212firstcitizens.com

0.10.1

0.40.4

48.541.6

55.147.8

5538Raleigh, N.C.1898

Frank Holding Jr.CEO, Chairman(888) 323-4732

NA - Not Available Note: The financial information on this list was provided by the FDIC. Financial institutions are rankedby their deposits in L.A. County branches as of June 30. To the best of our knowledge, this information is accurate as ofpress time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical



i

ON THE MOVE PEOPLE & COMPANIESCustom Content

Please visit: http://labusinessjournal.com/companies-on-the-move-ratesheet/

BOSTON PRIVATE EXPANDS LOS ANGELES COMMERCIAL BANKING TEAM

Boston Private is pleased to announce the addition of two new commercial banking professionals in the Greater Los Angeles area: Sean Morreale and Paul King. The new talent expands the firm’s ability to provide commercial banking and lending solutions to nonprofits, professional services, institutional commercial real estate investors, and privately held businesses in the Southern California market, with strong connectivity to private banking and wealth management services.

Sean and Paul join an experienced team of commercial banking professionals — led by Denise Piper, Senior Managing Director for the Western Region, Specialty Commercial, and comprised of Monica Cooper, Karim Beleidy, Avaiur Fakir, Lora Kojaoghlanian, Lisa Watson and Curtis Chinn — in serving the business community of Los Angeles. The team is committed to providing clients with best-in-class service and solutions tailored to their business’s unique needs and goals.

Sean Morreale has joined as Managing Director for the Southern California Market. In his role, he will be responsible for overseeing commercial banking for privately held and professional service businesses in the Greater Los Angeles area.

Sean brings nearly 30 years of experience in the banking industry. Most recently, he served as Executive Vice President and Regional Commercial Banking Manager at Pacific Western Bank, where he led a team of professionals that focused on growing and retaining middle market companies, along with real estate financing for investor and professional developers. His past experience includes leadership roles at Citizens Business Bank, Rabobank, Comerica Bank, U.S. Bank and Bank of the West.

Sean received his bachelor’s degree in business administration from San Jose State University. He is a passionate supporter and volunteer for the American Red Cross and their support for members of the military, veterans and their families.

Paul King has joined as a Director & Commercial Loan Officer and will report to Sean. He brings more than 20 years of experience in financial services and client relationship management on both the credit and business sides, primarily serving middle-market companies.

Prior to joining Boston Private, Paul served as First Vice President, Commercial Banking at Bank Leumi. His past experience includes positions at Citibank, GE Capital and Pacific Western Bank. Paul received his bachelor’s degree in applied mathematics from California State University at Northridge and an MBA from the USC Marshall School of Business. He is active in his community, currently serving on the board of his local City of Los Angeles Neighborhood Council.

This article was developed and paid for by Boston Private, an SVB Company. ©2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Boston Private Bank and Trust Co. has been merged into and is now Silicon Valley Bank. Banking, lending, and trust products or services under the name Boston Private are offered by Silicon Valley Bank, a California bank with trust powers. Silicon Valley Bank is a member of the Federal Deposit Insurance Corporation.

BANKING

KingMorreale


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