<SEC-DOCUMENT>0001157523-12-003457.txt : 20120627
<SEC-HEADER>0001157523-12-003457.hdr.sgml : 20120627
<ACCEPTANCE-DATETIME>20120627160142
ACCESSION NUMBER:		0001157523-12-003457
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120627
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120627
DATE AS OF CHANGE:		20120627

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BBCN BANCORP INC
		CENTRAL INDEX KEY:			0001128361
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				954170121
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50245
		FILM NUMBER:		12929586

	BUSINESS ADDRESS:	
		STREET 1:		3731 WILSHIRE BLVD
		STREET 2:		SUITE 1000
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90010
		BUSINESS PHONE:		2136391700

	MAIL ADDRESS:	
		STREET 1:		3731 WILSHIRE BLVD
		STREET 2:		SUITE 1000
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90010

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NARA BANCORP INC
		DATE OF NAME CHANGE:	20001115
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50325766.htm
<DESCRIPTION>BBCN BANCORP, INC. 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2012 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 10pt">
    <p style="text-align: center">
      <font style="font-size: 18pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 18pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 18pt"></font><font style="font-size: 18pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 10pt; font-family: Times New Roman"><b>Washington,
      D.C. 20549</b></font><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 18pt; font-family: Times New Roman"><b>FORM 8-K</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><b><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">Pursuant
      to Section 13 or 15(d) of The Securities Exchange Act of 1934</font></b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman">Date of
      Report&#160;(Date of earliest event reported): June 27, 2012</font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt"></font><br><br><font style="font-size: 20pt"><b>BBCN
      Bancorp, Inc.</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br><br>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 33%; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Delaware
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center; width: 34%; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            000-50245
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center; width: 33%; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            95-4170121
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 33%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of incorporation)
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: center; width: 34%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File Number)
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: center; width: 33%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>
      <br>

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 67%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            3731 Wilshire Boulevard, Suite 1000, Los Angeles, CA
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center; width: 33%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            90010
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 67%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: center; width: 33%" valign="bottom">
          <font style="font-size: 10pt; font-family: Times New Roman">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt">
      </font><font style="font-size: 10pt; font-family: Times New Roman">Registrant&#8217;s
      telephone number, including area code </font>(213) 639-1700.
    </p>
    <p>
      <br>
      <br>

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          (Former name or former address, if changed since last report.)
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions </font>(see General Instruction A.2. below)<font style="font-size: 10pt; font-family: Times New Roman">:</font>
    </p>
    <p>
      [&#160;&#160;&#160;] <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      [&#160;&#160;&#160;] <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      [&#160;&#160;&#160;] <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      [&#160;&#160;&#160;] <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>

    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 8.01. Other Events.</b>
    </p>
    <p style="text-indent: 60.0px">
      On June 27, 2012, BBCN Bancorp, Inc. (&#8220;BBCN&#8221;) issued a press release
      announcing the redemption of $122 million of Series A and Series B
      Preferred Stock issued under the U.S. Treasury&#8217;s TARP Capital Purchase
      Program.&#160;&#160;A copy of the press release is attached hereto as Exhibit 99.1.
    </p>
    <p>
      <br>

    </p>
    <p>
      <b>Item 9.01.&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p>
      <b>(c) Exhibits</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 13%; border-bottom: solid black 1.0pt" valign="top">
          Exhibit No.
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 82%; border-bottom: solid black 1.0pt" valign="top">
          Description of Exhibit
        </td>
      </tr>
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; width: 13%" valign="top">
          99.1
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 82%" valign="top">
          Press release dated June 27, 2012 concerning the redemption of $122
          million of Series A and Series B Preferred Stock issued under the
          U.S. Treasury&#8217;s TARP Capital Purchase Program.
        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap; margin-left: 150.0px">

    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>BBCN Bancorp, Inc.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 4%" valign="top">
          &#160;
        </td>
        <td style="width: 44%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left; width: 6%" valign="top">
          Date:
        </td>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left; width: 45%" valign="top">
          June 27, 2012
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>/s/ Alvin D. Kang</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Alvin D. Kang
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            President and Chief Executive Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 12%" valign="middle">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 3%" valign="bottom">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 85%" valign="middle">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 12%; border-bottom: solid black 1.0pt" valign="bottom">
          <b>Exhibit No.</b>
        </td>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left; width: 3%" valign="bottom">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 85%; border-bottom: solid black 1.0pt" valign="bottom">
          <b>Description</b>
        </td>
      </tr>
      <tr>
        <td style="width: 12%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 85%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; width: 12%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 3%" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press release dated June 27, 2012 concerning the redemption of
            $122 million of Series A and Series B Preferred Stock issued under
            the U.S. Treasury&#8217;s TARP Capital Purchase Program.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>

    </p>
  </body>
</html>
<!--<!DOCTYPE html
     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50325766_ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2012 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>BBCN
      Bancorp Fully Redeems $122 Million in TARP Preferred Stock</b></font>
    </p>
    <p>
      LOS ANGELES--(BUSINESS WIRE)--June 27, 2012--BBCN Bancorp, Inc. (NASDAQ:
      BBCN) today announced that it has redeemed $122 million of Series A and
      Series B Preferred Stock issued under the U.S. Treasury&#8217;s TARP Capital
      Purchase Program. The redemption covers the total combined preferred
      stock investment by the U.S. Treasury of $67 million in the former Nara
      Bancorp, Inc. and $55 million in the former Center Financial
      Corporation. On November&#160;30, 2011, the two organizations merged and
      became the largest Korean American bank in the nation.
    </p>
    <p>
      Since receiving the TARP investments in fourth quarter 2008, BBCN,
      including the predecessor companies, has timely paid the U.S. Treasury
      approximately $24.7 million in preferred stock dividends. On an ongoing
      basis, the redemption eliminates the quarterly payment of $1.5 million
      in dividends on these securities.
    </p>
    <p>
      At March 31, 2012, BBCN exceeded all regulatory capital requirements to
      be classified as a &#8220;well-capitalized&#8221; institution. The following table
      provides the capital ratios as actually reported on March 31, 2012, and
      on a pro forma basis, as if the TARP redemption had been effective on
      March 31, 2012.
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="middle">
          <b>Ratio</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="middle">
          <b>Actual at</b>

          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>3/31/2012</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="middle">
          <b>Pro Forma at</b>

          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>3/31/2012</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="middle">
          Leverage Ratio
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center" valign="bottom">
          15.03%
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center" valign="bottom">
          12.70%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="middle">
          Tier 1 Risk-based Ratio
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center" valign="bottom">
          18.75%
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center" valign="bottom">
          15.85%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="middle">
          Total Risk-based Ratio
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center" valign="bottom">
          20.01%
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center" valign="bottom">
          17.11%
        </td>
      </tr>
    </table>
    </div>
    <p>
      The Company expects to enter into negotiations to repurchase all
      858,746.4 BBCN warrants held by the Treasury.
    </p>
    <p>
      <u><b>About BBCN Bancorp, Inc.</b></u>
    </p>
    <p>
      BBCN Bancorp, Inc. is the parent company of BBCN Bank, the largest
      Korean American bank in the nation with $5.2 billion in assets as of
      March 31, 2012. The Company is a result of the merger of equals of Nara
      Bancorp, Inc. and Center Financial Corporation completed on November 30,
      2011. Headquartered in Los Angeles and serving a diverse mix of
      customers mirroring its communities, BBCN operates more than 40 branches
      in California, New York, New Jersey, Washington and Illinois, along with
      four loan production offices in Seattle, Denver, Dallas and Atlanta.
      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.
    </p>
    <p>
      CONTACT:<br>BBCN Bancorp, Inc.<br>Angie Yang<br>SVP, Investor Relations<br>213-251-2219<br><u>angie.yang@BBCNbank.com</u>
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
