8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant To Section 13 or 15 (d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 9, 2010

NARA BANCORP, INC.

(Exact name of registrant as specified in its charter)

Delaware	000-50245	95-4170121
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3731 Wilshire Boulevard

Suite 1000

Los Angeles, CA 90010

(Address of principal executive offices)

Registrant’s telephone number, including area code: (213) 639-1700

Not applicable.

(Former name or former address, if changed since last report)

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 (see General Instruction A.2. below):

x Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

x Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On December 9, 2010, Nara Bancorp, Inc. (the “Company”) and Center Financial Corporation (“Center Financial”) issued a joint press release and held a joint investor conference call (with simultaneous webcast) to announce the execution of an Agreement and Plan of Merger, dated as of December 9, 2010, by and between the Company and Center Financial. The joint investor presentation slides used during the conference call and transcript of the conference call are attached hereto as Exhibit 99.1 and Exhibit 99.6, respectively, and are incorporated by reference herein.

Additionally, on December 9, 2010, the Company made available the media, customer and employee fact sheets, the customer and employee Q&As, and the letter to customers which are attached as Exhibits 99.2, Exhibit 99.3, Exhibit 99.4, and Exhibit 99.5 and are incorporated by reference herein.

The information required by Item 1.01 and copies of the press release are being filed in a separate Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1	Joint investor presentation slides used during the joint investor conference call held on December 9, 2010
99.2	Media Fact Sheet- Deal at a Glance, dated December 9, 2010
99.3	Customer Fact Sheet and Customer Q&A, dated December 9, 2010
99.4	Employee Fact Sheet and Employee Q&A, dated December 9, 2010
99.5	Letter to Customers, dated December 9, 2010
99.6	Transcript of Nara Bancorp and Center Financial joint investor conference call held on December 9, 2010

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Additional Information and Where To Find It

In connection with the proposed merger, the Company will file with the Securities and Exchange Commission (“SEC”) a Registration Statement on Form S-4 that will include a Joint Proxy Statement/Prospectus of Center Financial and the Company, as well as other relevant documents concerning the proposed transaction. Shareholders are urged to read the Registration Statement and the Joint Proxy Statement/Prospectus regarding the Merger when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. The Joint Proxy Statement/Prospectus, as well as other filings containing information about the Company and Center Financial, are available free of charge at the SEC’s Internet site (www.sec.gov). These documents are also available free of charge from the Company at www.Nara Bancorpbank.com under the tab “Investor Relations” and then under the heading “SEC Filings” or from Center Financial at www.Center Financialbank.com under the tab “Investor Relations” and then under the heading “SEC Filings.”

Participants In Solicitation

The Company, Center Financial and their respective directors, executive officers, management and employees may be deemed to be participants in the solicitation of proxies in respect of the Merger. Information concerning the Company’s participants is set forth in the proxy statement, dated May 24, 2010, for the Company’s 2010 annual meeting of stockholders as filed with the SEC on Schedule 14A. Information concerning Center Financial’s participants is set forth in the proxy statement, dated April 30, 2010, for Center Financial’s 2010 annual meeting of stockholders as filed with the SEC on Schedule 14A. Additional information regarding the interests of participants of the Company and Center Financial in the solicitation of proxies in respect of the Merger will be included in the Registration Statement on Form S-4 and the Joint Proxy Statement/Prospectus to be filed with the SEC.

Forward-Looking Statements

This Current Report on Form 8-K contains statements regarding the proposed transaction between the Company and Center Financial, the expected timetable for completing the transaction, future financial and operating results, benefits and synergies of the proposed transaction and other statements about the future expectations, beliefs, goals, plans or prospects of the management of each of the Company and Center Financial. These statements are based on current expectations, estimates, forecasts and projections and management assumptions about the future performance of each of the Company and Center Financial and the combined company, as well as the businesses and markets in which they do and are expected to operate. These statements constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “estimates,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans, “seeks” and variations of such words and similar expressions are intended to identify such forward-looking statements which are not statements of historical fact. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to assess. Actual outcomes and results may differ materially from what is

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expressed or forecasted in such forward-looking statements. Factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: the ability to consummate the proposed transaction; difficulties and delays in obtaining regulatory approvals for the proposed transaction; difficulties and delays in achieving synergies and cost savings; potential difficulties in meeting conditions set forth in the Merger Agreement; and economic, competitive, governmental and technological factors affecting the Company and Center Financial. For a more complete list and description of such risks and uncertainties, refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2009, as amended, and Center Financial’s Annual Report on Form 10-K for the year ended December 31, 2009, as amended, as well as other filings made by the Company and Center Financial with the SEC. Except as required under the U.S. federal securities laws and the rules and regulations of the SEC, the Company and Center Financial disclaim any intention or obligation to update any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, developments, changes in assumptions or otherwise.

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SIGNATURES

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 thereunto duly authorized.

NARA BANCORP, INC.
By:	/s/ Alvin D. Kang
	President, Chief Executive Officer and Acting Chief Financial Officer

Date: December 10, 2010

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EX-99.1

EXHIBIT 99.1

Filed by Nara Bancorp, Inc.

Pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12 under the

Securities Exchange Act of 1934

Subject Company: Nara Bancorp, Inc.

SEC Registration Statement No.: 000-50245

Additional Information and Where to Find It

In connection with the proposed merger, Nara Bancorp, Inc. will file with the SEC a Registration Statement on Form S-4 that will include a Joint Proxy Statement/Prospectus of Center Financial Corporation and Nara Bancorp, as well as other relevant documents concerning the proposed transaction. Shareholders are urged to read the Registration Statement and the Joint Proxy Statement/Prospectus regarding the merger when it becomes available and any other relevant documents filed with the Securities and Exchange Commission (“SEC”), as well as any amendments or supplements to those documents, because they will contain important information. You will be able to obtain a free copy of the Joint Proxy Statement/Prospectus, as well as other filings containing information about Nara Bancorp and Center Financial at the SEC’s Internet site (www.sec.gov). You will also be able to obtain these documents, free of charge, from Nara at www.narabank.com under the tab “Investor Relations” and then under the heading “SEC Filings” or from Center Financial at www.centerbank.com under the tab “Investor Relations” and then under the heading “SEC Filings.”

Participants in Solicitation

Nara Bancorp, Center Financial and their respective directors, executive officers, management and employees may be deemed to be participants in the solicitation of proxies in respect of the merger. Information concerning Nara Bancorp’s participants is set forth in the proxy statement, dated May 24, 2010, for Nara Bancorp’s 2010 annual meeting of stockholders as filed with the SEC on Schedule 14A. Information concerning Center Financial’s participants is set forth in the proxy statement, dated April 30, 2010, for Center Financial’s 2010 annual meeting of stockholders as filed with the SEC on Schedule 14A. Additional information regarding the interests of participants of Nara Bancorp and Center Financial in the solicitation of proxies in respect of the merger will be included in the registration statement and joint proxy statement/prospectus to be filed with the SEC.

Forward-Looking Statements

These documents contain statements regarding the proposed transaction between Nara Bancorp and Center Financial, the expected timetable for completing the transaction, future financial and operating results, benefits and synergies of the proposed transaction and other statements about the future expectations, beliefs, goals, plans or prospects of the management of each of Nara Bancorp and Center Financial. These statements are based on current expectations, estimates, forecasts and projections and management assumptions about the future performance of each of Nara Bancorp and Center Financial and the combined company, as well as the businesses and markets in which they do and are expected to operate. These statements constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “estimates,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans, “seeks,” and variations of such words and similar expressions are intended to identify such forward-looking statements which are not statements of historical fact. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to assess. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The closing of the proposed transaction is subject to regulatory approval, the approval of the shareholders of both Nara Bancorp and Center Financial, and other customary closing conditions, the receipt of which . There is no assurance that such conditions will be met or that the proposed transaction will be consummated within expected time frame, or at all. If the transaction is consummated, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: difficulties and delays in integrating Nara Bancorp and Center Financial and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; deposit attrition, operating costs, customer loss and business disruption following the merger, including difficulties in maintaining relationships with employees, may be greater than expected; required governmental approvals of the merger may not be obtained on its proposed terms and schedule, or without regulatory constraints that may limit growth; competitive pressures among depository and other financial institutions may increase significantly and have an effect on revenues; the strength of the United States economy in general, and of the local economies in which the combined company will operate, may be different than expected, which could result in, among other things, a deterioration in credit quality or a reduced demand for credit and have a negative effect on the combined company’s loan portfolio and allowance for loan losses; changes in the U.S. legal and regulatory framework; and adverse conditions in the stock market, the public debt market and other capital markets (including changes in interest rate conditions) which would negatively affect the combined company’s business and operating results. For a more complete list and description of such risks and uncertainties, refer to Nara Bancorp’s Form 10-K for the year ended December 31, 2009, as amended, and Center Financial’s Form 10-K for the year ended December 31, 2009, as amended, as well as other filings made by Nara Bancorp and Center Financial with the SEC. Except as required under the U.S. federal securities laws and the rules and regulations of the SEC, Nara Bancorp and Center Financial disclaim any intention or obligation to update any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, developments, changes in assumptions or otherwise.

EXHIBIT 99.1        

Transforming the Korean-American Banking Landscape

Merger of Equals

NARA BANCORP, INC. CENTER FINANCIAL CORPORATION

Additional Information

In connection with the proposed transaction between Nara Bancorp, Inc. (“NARA”) and Center Financial Corporation (“CLFC”), NARA will file with the Securities and Exchange Commission (“SEC”) a Registration Statement on Form S-4 that will include a Joint Proxy Statement/Prospectus of CLFC and NARA, as well as other relevant documents concerning the proposed transaction. Shareholders are urged to read the Registration Statement and the Joint Proxy Statement/Prospectus regarding the merger when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. The Joint Proxy Statement/Prospectus, as well as other filings containing information about NARA and CLFC, are available free of charge at the SEC’s Internet site (www.sec.gov). These documents are also available free of charge from NARA at www.narabank.com under the tab “Investor Relations” and then under the heading “SEC Filings” or from CLFC at www.centerbank.com under the tab “Investor Relations” and then under the heading “SEC Filings.”

Participants In Solicitation

NARA, CLFC and their respective directors, executive officers, management and employees may be deemed to be participants in the solicitation of proxies in respect of the merger. Information concerning NARA’s participants is set forth in the proxy statement, dated May 24, 2010, for NARA’s 2010 annual meeting of stockholders as filed with the SEC on Schedule 14A. Information concerning CLFC’s participants is set forth in the proxy statement, dated April 30, 2010, for CLFC’s 2010 annual meeting of stockholders as filed with the SEC on Schedule 14A. Additional information regarding the interests of participants of NARA and CLFC in the solicitation of proxies in respect of the merger will be included in the Registration Statement on Form S-4 and the Joint Proxy Statement/Prospectus to be filed with the SEC.

Forward-Looking Statements

This presentation contains statements regarding the proposed transaction between NARA and CLFC, the expected timetable for completing the transaction, future financial and operating results, benefits and synergies of the proposed transaction and other statements about the future expectations, beliefs, goals, plans or prospects of the management of each of NARA and CLFC. These statements are based on current expectations, estimates, forecasts and projections and management assumptions about the future performance of each of NARA and CLFC and the combined company, as well as the businesses and markets in which they do and are expected to operate. These statements constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “estimates,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans, “seeks” and variations of such words and similar expressions are intended to identify such forward-looking statements which are not statements of historical fact. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to assess. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: the ability to consummate the proposed transaction; difficulties and delays in obtaining regulatory approvals for the proposed transaction; difficulties and delays in achieving synergies and cost savings; potential difficulties in meeting conditions set forth in the merger agreement; and economic, competitive, governmental and technological factors affecting NARA and CLFC. For a more complete list and description of such risks and uncertainties, refer to NARA’s Annual Report on Form 10-K for the year ended December 31, 2009, as amended, and CLFC’s Annual Report on Form 10-K for the year ended December 31, 2009, as amended, as well as other filings made by NARA and CLFC with the SEC. Except as required under the U.S. federal securities laws and the rules and regulations of the SEC, NARA and CLFC disclaim any intention or obligation to update any forward-looking statements after the distribution of this presentation, whether as a result of new information, future events, developments, changes in assumptions or otherwise.

The Premier Korean-American Community Bank

Unites the two strongest independent Korean-American community banks

Creates the largest and best-capitalized Korean-American community bank

$5.3 billion in assets, $3.8 billion in loans, $4.0 billion in deposits, $626.8 million in total equity

Nationwide franchise; leading deposit market share position among Korean-American community banks

$613.1 million market capitalization (1)

Strengthens the position of the combined company for long-term EPS growth

Creates value for all stakeholders – shareholders, customers, employees, and communities

Source: SNL Financial. Financial data as of 9/30/2010 (1) Market data as of 12/8/2010

Note: Pro forma calculations do not include merger adjustments

Strategic Opportunities

Capitalize on leading Korean-American bank position to capture additional market share

Leverage pro forma scale and breadth of combined organization:

Improve efficiency of pro forma franchise

Employ best practices integration approach to products, people and operations

Capitalize on available revenue enhancements (e.g. SBA, international trade finance)

Provide full range of products and services to larger customer base

Strong capital and liquidity position will accelerate growth potential in existing and new attractive markets

Focus on creating long-term shareholder value

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Merger Benefits

Positions the pro forma company to more effectively compete in the changing economic and regulatory environment

Accretive to earnings

– Significantly enhanced operating leverage with realizable synergies

Enhances ability to grow organically and acquisitively

Improved leverage in dealing with Korean national banks in trade finance relationships

Deepest bench of management talent in the Korean-American banking industry

– Improves ability to retain and attract critical talent

– Complementary Board of Directors with a strong mix of Korean-American community members and professional expertise

Better positions the pro forma company for TARP repayment and resumed dividends

Nationwide Footprint & Enhanced Scale

Increased scale will enable a more efficient operation, facilitate synergies and broaden customer base

National footprint; providing banking services to a market of 2.5 million Korean-Americans (in footprint)

Korean-American Landscape by Assets ($mm) (1)

$6,000 $5,252

$5,000

$4,000 $3,233

$2,985 $2,969

$3,000 $2,267

$2,000

$1,000

$0

Pro Forma WIBC NARA HAFC CLFC

Korean-American Landscape by Market Cap ($mm) (1)

$700 $613

$600

$500

$400 $348

$265

$300 $227

$200 $144

$100

$0

Pro Forma NARA CLFC WIBC HAFC

A Nationwide Franchise

NARA region of operation (23 branches)

– 14 branches in Southern California

– 7 branches in New York / New Jersey

– 2 branches in Northern California

CLFC region of operation (22 branches)

– 16 branches in Southern California

– 3 branches in Northern California

– 2 branches in Seattle

– 1 branch in Chicago

Source: SNL Financial. Financial data as of 9/30/2010. Market data as of 12/8/2010 Note: Pro forma calculations do not include merger adjustments (1) Includes Korean-American banks listed on a major exchange (NASDAQ or NYSE)

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Integration Plan Mitigates Risk

Comparable corporate culture, strategy, and operations:

NARA CLFC

– Korean-American customer base

– Conservative credit guidelines

– Geographic focus

– Business lines and banking products

– Same core data-processing systems

Friendly merger of equals; key board and management decisions have been made

Larger combined company creates significant operating leverage

– Conservative cost savings assumptions and planned realization

Best practices approach to integration

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Transaction Summary

Transaction Structure: 100% stock swap (tax free); merger of equals

Name of New Company: To be determined prior to close

Fixed Exchange Ratio: 0.7804 NARA shares for each CLFC share

Pro Forma Ownership: 55% NARA; 45% CLFC

Pro Forma Market Cap: $613.1 million

Board of Directors: Equal representation

Executive Management: Executive management positions determined

Break-up Fee: $10 million if NARA or CLFC take superior offer

Required Approvals: Regulatory and shareholder approvals

Expected Closing: Second half of 2011

Cost Savings: Approximately $11.2 million, phased-in within 2 years

Deal Related Expenses: Approximately $10.7 million, pre-tax

Due Diligence: Completed, including outsourced credit review

Source: SNL Financial, as of 12/8/2010

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Combined Board and Management Team

Equal Board of Directors representation

Brings together two strong management teams

New Key Board of Directors & Management Positions

Holding Company Bank Holding Company

Chairman Chairman Chief Executive Officer

Ki Suh Park Kevin S. Kim Alvin D. Kang

NARA CLFC NARA

Holding Company Bank Vice Holding Company

Vice Chairman Chairman President

Chang Hwi Kim Scott Yoon-Suk Whang Jae Whan Yoo

CLFC NARA CLFC

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Overview of Nara

$3.0 billion Korean-American bank headquartered in Los Angeles

Historical highlights:

– Founded in June 1989 in Los Angeles

– Expanded to Northern California in 1997

– Entered New York with a branch acquisition in 1998

– Has completed 5 whole bank and branch acquisitions

– First Korean-American bank to have raised public equity in the current cycle

Leading independent Korean-American bank with a bi-coastal presence

– West Coast offices (16 branch offices) – 68% of retail deposits:

• 14 branches in Southern California

• 2 branches in Northern California

– East Coast offices (7 branch offices) – 32% of retail deposits:

• 5 branches in New York

• 2 branches in New Jersey

Positive Q3 2010 Results:

– Nara reported Q3 net income available to common of $4.0 million, or $0.11 per diluted share

– Profitability was driven by reduced credit costs, continued NIM expansion, and C&I loan growth

– Loan loss provision expenses have stabilized and capital levels remain robust with a TCE/TA Ratio of 9.69% and a Total Risk-Based Capital Ratio of 17.82%

Source: SNL Financial

Overview of Center

$2.3 billion Korean-American bank headquartered in Los Angeles

24 years of service as a strong community business bank

– International trade finance expertise

– Nationally recognized SBA lender – 2006 Excellence in Lending Award based on highest asset quality

– Leading provider of small business oriented products & services; most comprehensive cash management services in niche market

22 branch offices spanning the West Coast and the Midwest

– West Coast offices:

• 16 branches in Southern California

• 3 branches in Northern California

• 2 branches in Seattle

– Midwest office:

• 1 branch in Chicago

Solid Q3 2010 Results:

– Center reported Q3 net income available to common of $5.2 million, or $0.13 per diluted share

– 3rd consecutive profitable quarter; earnings benefited by a continued reduction in credit costs

– Capital levels remain strong with a TCE/TA Ratio of 9.57% and a Risk-Based Capital Ratio of 19.32%

Source: SNL Financial

Combined Branch Footprint

Pro forma company becomes largest Korean-American bank with a national footprint

Nara gains presence in Chicago and Seattle; Center gains presence in New York / New Jersey

Consolidation opportunities exist in Southern California

A Nationwide Franchise

NARA region of operation CLFC region of operation

Geographic Footprint Detail

Southern California Franchise

New York / New Jersey Franchise

Northern California Franchise

NARA Branch Location CLFC Branch Location

Pro Forma Market Share by Region

Next Closest Korean-American

NARA CLFC Pro Forma Community Competitor

Southern California Wilshire Bancorp Inc.

# of branches 14 16 30 18

Total Deposits ($000s) 1,356,012 1,548,668 2,904,680 2,523,164

Deposit Market Share Ranking 1

New York / New Jersey Woori Finance Holdings

# of branches 7 0 7 9

Total Deposits ($000s) 549,781 0 549,781 642,518

Deposit Market Share Ranking 2

Northern California Hanmi Financial Corp.

# of branches 2 3 5 2

Total Deposits ($000s) 239,122 140,407 379,529 151,552

Deposit Market Share Ranking 1

National Wilshire Bancorp Inc.

# of branches 23 22 45 24

Total Deposits ($000s) 2,144,915 1,776,471 3,921,386 2,915,251

Deposit Market Share Ranking 1

Source: SNL Financial. Deposit data as of 6/30/2010

Note: Southern California includes: Los Angeles, Orange, San Bernardino, and San Diego Counties. New York / New Jersey includes: Queens, New York, Bergen, Nassau, and Middlesex Counties. Northern California includes: Alameda, San Francisco, and Santa Clara Counties Note: Dollars in thousands

3rd Quarter Pro Forma Financial Results

Pro forma calculations do not include merger adjustments

Pro Forma

NARA CLFC Pre-Adjustments

Q3 2010 Q3 2010 Q3 2010

Balance Sheet

Total Assets $ 2,984,976 $ 2,267,439 $ 5,252,415

Total Net Loans 2,111,065 1,524,448 3,635,513

Total Deposits 2,202,656 1,792,281 3,994,937

Total Equity 356,102 270,690 626,792

Tangible Common Equity 288,965 216,869 505,834

Profitability

Net Income $ 5,100 $ 5,963 $ 11,063

Pre-Tax Pre-Provision Earnings 19,256 9,117 28,373

ROAA 0.69% 1.04% 0.84%

ROAE 5.72% 8.83% 7.08%

PTPP ROAA 2.60% 1.60% 2.16%

Net Interest Margin 3.88% 3.31% 3.61%

Efficiency Ratio 44.90% 57.61% 50.81%

Noninterest Inc/ Operating Rev (1) 11.70% 20.50% 15.31%

Balance Sheet Ratios

Loans / Deposits 98.15% 85.26% 92.37%

Securities / Assets 16.90% 13.52% 15.44%

Tangible Equity / Tangible Assets 11.84% 11.92% 11.87%

Tang Common Equity / Tang Assets 9.69% 9.57% 9.64%

Risk Based Capital Ratio 17.82% 19.32% 18.43%

Tier 1 Ratio 16.55% 18.04% 17.16%

Leverage Ratio 12.78% 12.55% 12.65%

Asset Quality

NPAs / Loans & OREO 4.06% 4.67% 4.18%

Texas Ratio (2) 25.10% 25.30% 26.48%

NCOs / Avg Loans 1.93% 2.18% 1.97%

Loan Loss Reserves / Gross Loans 2.93% 3.45% 3.15%

Reserves / NPAs 71.97% 79.38% 75.20%

Reserves / Non-Accrual Loans 126.07% 126.12% 126.09%

Source: SNL Financial and 10-Qs. Financial data as of 9/30/2010. Income statement data as of most recent quarter (1) Excludes $4mm gain from bulk loan sale in Q3 2010 for NARA (2) Texas Ratio = NPAs + loans 90 or more days past due divided by TCE + LLR

Note: Dollars in thousands

Loan & Deposit Mix

Loan Portfolio

NARA

Farm +

Consumer Other

0.5% 0.1% Constr. &

LD

C&I 2.6%

21.7%

1-4 Family

1.4%

Multifamily

3.3%

CRE

70.4%

Gross loans = $2.2 billion

CLFC

Farm +

Other

3.2% Constr. &

Consumer LD

2.7% 2.6%

C&I

19.3%

1-4 Family

1.7%

Multifamily

2.5% CRE

68.1%

Gross loans = $1.6 billion

Pro Forma

Farm +

Other

Consumer 1.4% Constr. &

1.4% LD

2.6%

C&I

20.7%

1-4 Family

1.5%

Multifamily

3.0%

CRE

69.4%

Gross loans = $3.8 billion

Deposit Composition

NARA

CDs ³ Non-Int.

$100K 16.5%

15.0%

CDs <

$100K MM + NOW

31.1% 31.3%

Savings

6.2%

Total Deposits = $2.2 billion

CLFC

Non-Int.

21.4%

CDs ³

$100K

29.0%

CDs <

$100K Savings MM + NOW

16.9% 5.0% 27.8%

Total Deposits = $1.8 billion

Pro Forma

Non-Int.

CDs ³ 18.7%

$100K

21.3%

CDs <

$100K MM + NOW

24.7% 29.7%

Savings

5.7%

Total Deposits = $4.0 billion

Source: SNL Financial and company 10-Qs. Financial data as of 9/30/2010

Combined Credit and Capital Measures

Pro forma calculations do not include merger adjustments

NARA CLFC Pro Forma

9/30/2010 9/30/2010 9/30/2010

Bank Holding Company Equity Capital (GAAP)

TARP Preferred Equity $ 63,967 $ 53,347 $ 117,314

Common Equity 292,135 217,343 509,478

Total Bank Holding Company Equity Capital $ 356,102 $ 270,690 $ 626,792

Bank Holding Company Equity Capital (Regulatory Capital)

Tier 1 Capital $ 377,990 $ 284,662 $ 662,652

Total Risk Based Capital 407,066 304,816 711,882

Total Risk-Weighted Assets 2,284,391 1,577,730 3,862,121

Capital Ratios

Tangible Equity/ Tangible Assets 11.84% 11.92% 11.87%

Tangible Common Equity/ Tangible Assets 9.69% 9.57% 9.64%

Leverage Ratio 12.78% 12.55% 12.68%

Tier 1 Ratio 16.55% 18.04% 17.16%

Total Capital Ratio 17.82% 19.32% 18.43%

Credit Quality

Nonaccrual Loans $ 50,521 $ 43,181 $ 93,702

Performing TDRs 34,391 23,898 58,289

OREO 3,591 4,548 8,139

Net of Guaranteed Portion of Non-Accrual Loans -(3,022)(3,022)

Total NPAs $ 88,503 $ 68,605 $ 157,108

Loan Loss Reserves 63,692 54,460 118,152

Gross Loans (Includes LHFS) 2,174,757 1,578,908 3,753,665

Credit Ratios

Loan Loss Reserve / Loans 2.93% 3.45% 3.15%

Loan Loss Reserve / Non-Accrual Loans 126.07% 126.12% 126.09%

NPAs / Loans + OREO (Inclusive of Performing TDRs) 4.06% 4.33% 4.18%

Texas Ratio (Inclusive of Performing TDRs) 25.10% 25.28% 25.18%

Source: SNL Financial and 10-Qs. Financial data as of 9/30/2010 (1) Texas Ratio = NPAs + loans 90 or more days past due divided by TCE + LLR

Note: Dollars in thousands

Pro Forma Financial Impact

Transaction Assumptions

Exchange Ratio: 0.7804 NARA shares for each CLFC share

2011 of $0.33 and 2012 of $0.73 for NARA

Earnings Estimates (1):

2011 of $0.46 and 2012 of $0.63 for CLFC

Approximately $11.2 million

Cost Savings: Phased-in 50% in 2011 and 100% thereafter

10.3% of the combined operating expense base

Deal Related Expenses: Approximately $10.7 million, pre-tax

7.5% of CLFC’s non-covered gross loans (2)

Assumed 141R Credit Mark:

FAS 141R credit mark less LLR is accreted back into interest income (3)

Revenue Enhancements: None assumed

1.5% of CLFC’s core deposits

Core Deposit Intangible:

Amortized over 10 years on an accelerated basis

Expected Closing: Second half of 2011

(1) Mean Street Consensus Estimates from Thomson Financial, as of 12/7/2010 (2) Based on management guidance and the mid-point of a preliminary analysis provided by a third party accounting firm (3) For modeling purposes, accretion was recognized over a 5 year period with 50% being put back into Loan Loss Reserves

Pro Forma Financial Impact

NARA and CLFC earnings estimates from mean street consensus estimates

Synergies and other adjustments represent management’s conservative estimates

PTPP (6) (7)

Net Income to Common (1) Annualized

Q3 2011e Q4 2011e FY 2012e Q3 2010

NARA Earnings $ 3,420 $ 4,941 $ 27,743 $ 68,028

CLFC Earnings 5,189 5,588 25,145 37,904

Synergies (2) 961 1,442 11,878 11,878

Loan Discount Accretion (3) 2,585 2,585 10,341 10,341

Loan Loss Reserve Rebuild (4)(1,293)(1,293)(5,170)(5,170)

Other Adjustments (5)(948)(948)(3,619)(3,619)

Total Pre-Tax Transaction Effects $ 1,306 $ 1,786 $ 13,430 $ 13,430

- After Tax (38%) 809 1,107 8,326

Pro Forma Net Income to Common $ 9,418 $ 11,636 $ 61,215 $ 119,362

NARA Accretion/(Dilution)

Standalone EPS $ 0.09 $ 0.13 $ 0.73 $ 1.79

Pro Forma EPS $ 0.14 $ 0.17 $ 0.89 $ 1.73

Accretion/(Dilution) 51.3% 29.4% 21.3% -3.6%

CLFC Accretion/(Dilution)

Standalone EPS $ 0.13 $ 0.14 $ 0.63 $ 0.95

Pro Forma CLFC Equivalent EPS $ 0.11 $ 0.13 $ 0.69 $ 1.35

Accretion/(Dilution) -18.2% -6.2% 9.7% 41.8%

(1) Mean street consensus estimates from Thomson Financial, as of 12/7/2010

(2) NARA & CLFC management estimate synergies of $11.2 million (10% of combined NIE), which is forecasted to grow at 3% per year; 33% of the cost saves will be realized in the 3rd quarter of 2011, 50% in 4th quarter of 2011 and 100% will be recognized in 2012

(3) Assumes an accretable loan discount of $51.7 million over a five year period using straight-line accounting

(4) Assumes that 50% of the accretable loan discount is used to rebuild reserves

(5) CDI Amortization, sum-of-years accounting amortized over 10 years, and funding of deal-related costs (3% pre-tax)

(6) NARA PTPP (Q3 2010 annualized) excludes non core revenues, gain on sale of loans and credit-related & OREO expense

(7) CLFC PTPP (Q3 2010 annualized) excludes a one time interest income reversal on investment securities, gain on sale of loans and credit-related & OREO expense

Attractive Investment Opportunity

Attractive Investment Opportunity

Leading Creates the largest and best capitalized Korean-American commercial bank

Korean- from the two strongest existing Korean-American banks

American Expands strategic opportunities within the community; national presence,

Bank expands trade finance and SBA lending, acquirer of choice, favored employer

Accretive to earnings

Superior Increased earnings potential and significantly enhanced operating leverage

Financial

Performance Transaction makes financial sense before factoring in any revenue

enhancements

Attractive Higher visibility in attractive markets

Markets and Increased convenience for customers

Veteran

Management Experienced management team focused on execution and customer retention

Creates significant franchise and shareholder value

Appendix

Creates the Largest Korean-American Bank

Total Total Gross # Outside

Assets Deposits Loans Market Cap. # of California of

Rank Company State Ticker Founded($000’s)($000’s)($000’s)($M) Branches Branches California

Pro Forma Company 5,252,415 3,994,937 3,753,665 $613.1 45 35 10

1. Wilshire Bancorp, Inc. CA WIBC 1980 3,232,685 2,706,748 2,444,044 $227.3 24 18 6

2. Nara Bancorp, Inc. CA NARA 1989 2,984,976 2,202,656 2,174,757 $348.2 23 16 7

3. Hanmi Financial Corporation CA HAFC 1982 2,968,505 2,527,386 2,394,291 $143.6 27 27 0

4. Center Financial Corporation CA CLFC 1986 2,267,439 1,792,281 1,578,908 $264.9 22 19 3

5. Saehan Bancorp CA SAEB 1991 674,759 567,321 502,124 $75.6 10 10 0

6. Foster Bankshares, Inc. IL 1989 563,365 448,382 490,568 8 0 8

7. Pacific City Financial Corporation CA PFCF 2003 538,210 476,872 475,756 $15.2 7 7 0

8. BNB Bank, National Association NY 1986 397,278 339,103 295,372 3 0 3

9. Commonwealth Business Bank CA CWBB 2005 382,763 320,619 289,837 $16.3 3 3 0

10. Pacific International Bancorp, Inc. WA PIBW 2001 306,841 217,379 232,584 $18.2 5 0 5

11. Amerasia Bank NY 1988 222,903 200,693 184,376 2 0 2

12. Uniti Financial Corporation CA UIFC 2001 207,684 182,436 130,404 $3.9 3 3 0

13. UniBank WA 2006 146,520 106,842 107,655 2 0 2

14. NewBank NY 2006 129,154 114,420 87,567 3 2 1

15. Open Bank CA FSTA 2005 122,598 108,720 95,298 $4.0 1 1 0

16. US Metro Bank CA USMT 2006 105,912 89,117 85,899 $2.5 1 1 0

17. Ohana Pacific Bank HI OHPB 2006 82,137 71,704 68,834 $4.0 1 0 1

Korean Mainland banks with U.S. FDIC insured subsidiaries:

1. Woori America Bank Korea 1984 1,073,004 970,342 802,910 18 4 14

2. Shinhan Bank America Korea 1990 964,909 861,567 775,595 15 4 11

Source: SNL Financial. Financial data as of 9/30/2010. Market data as of 12/8/2010

NARA Historical Financial Highlights

Annual Highlights Quarterly Highlights

2007 Y 2008 Y 2009 Y 2010 Q1 2010 Q2 2010 Q3

Balance Sheet

Total Assets $ 2,423,410 $ 2,672,054 $ 3,227,957 $ 3,079,020 $ 2,901,065 $ 2,984,976

Total Net Loans 2,005,490 2,085,756 2,166,765 2,126,948 2,105,198 2,111,065

Total Deposits 1,833,346 1,938,603 2,434,190 2,281,792 2,130,389 2,202,656

Total Equity 222,180 289,953 367,975 363,821 351,629 356,102

Tangible Common Equity 217,779 223,481 301,161 296,900 284,601 288,965

Profitability

Net Income $ 33,199 $ 2,755 $(5,723) $ (2,532) $(15,877) $ 5,100

Pre-Tax Pre-Provision Earnings 63,328 53,205 49,101 20,443 14,301 19,256

ROAA 1.50% 0.11% -0.19% -0.32% -2.19% 0.69%

ROAE 16.21% 1.15% -1.88% -2.72% -17.30% 5.72%

PTPP ROAA 2.86% 2.09% 1.62% 2.57% 1.97% 2.60%

Net Interest Margin 4.60% 3.96% 3.15% 3.31% 3.85% 3.88%

Efficiency Ratio 47.13% 51.73% 55.69% 40.96% 52.75% 44.90%

Noninterest Inc/ Operating Rev (1) 18.83% 14.14% 13.46% 10.85% 12.79% 11.70%

Balance Sheet Ratios

Loans / Deposits 109.81% 109.32% 91.26% 94.76% 99.83% 98.15%

Securities / Assets 11.41% 16.05% 25.00% 16.99% 15.57% 16.90%

Tangible Equity / Tangible Assets 9.00% 10.71% 11.30% 11.72% 12.02% 11.84%

Tang Common Equity / Tang Assets 9.00% 8.38% 9.34% 9.65% 9.82% 9.69%

Risk Based Capital Ratio 12.78% 15.58% 17.99% 18.37% 17.95% 17.82%

Tier 1 Ratio 11.84% 14.32% 16.73% 17.10% 16.68% 16.55%

Leverage Ratio 10.77% 12.61% 12.36% 12.49% 13.15% 12.78%

Asset Quality

NPAs / Loans & OREO 0.86% 2.05% 5.30% 6.08% 3.90% 4.06%

Texas Ratio (2) 7.30% 16.41% 32.74% 37.16% 24.94% 25.10%

NCOs / Avg Loans 0.35% 1.22% 2.12% 3.79% 7.96% 1.93%

Loan Loss Reserves / Gross Loans 0.99% 2.04% 2.67% 2.92% 2.91% 2.93%

Reserves / NPAs 115.43% 99.12% 50.33% 47.88% 74.25% 71.97%

Reserves / Non-Accrual Loans 120.75% 115.54% 115.00% 101.94% 136.41% 126.07%

Source: SNL Financial. Financial data as of 9/30/2010. Income statement data as of MRQ (1) Excludes $4mm gain from bulk loan sale in Q3 2010 for NARA

(2) Texas Ratio = NPAs + loans 90 or more days past due divided by TCE + LLR

Note: Dollars in thousands

CLFC Historical Financial Highlights

Annual Highlights Quarterly Highlights

2007 Y 2008 Y 2009 Y 2010 Q1 2010 Q2 2010 Q3

Balance Sheet

Total Assets $ 2,080,663 $ 2,056,609 $ 2,192,800 $ 2,081,618 $ 2,275,143 $ 2,267,439

Total Net Loans 1,789,635 1,679,340 1,479,142 1,460,339 1,537,573 1,524,448

Total Deposits 1,577,674 1,603,519 1,747,671 1,625,312 1,799,995 1,792,281

Total Equity 157,453 214,567 256,058 257,124 265,164 270,690

Tangible Common Equity 155,933 160,142 132,887 203,897 211,388 216,869

Profitability

Net Income $ 21,943 $ 220 $(42,502) $ 2,767 $ 7,502 $ 5,963

Pre-Tax Pre-Provision Earnings 42,083 24,751 29,136 11,254 16,260 9,117

ROAA 1.14% 0.01% -1.96% 0.53% 1.38% 1.04%

ROAE 14.33% 0.13% -20.29% 4.34% 11.43% 8.83%

PTPP ROAA 2.25% 2.04% 1.44% 1.70% 1.93% 1.60%

Net Interest Margin 4.23% 3.80% 3.03% 3.41% 3.53% 3.31%

Efficiency Ratio 53.13% 69.09% 61.26% 49.12% 43.01% 57.61%

Noninterest Inc/ Operating Rev 16.30% 17.09% 18.21% 17.48% 22.79% 20.50%

Balance Sheet Ratios

Loans / Deposits 112.10% 106.49% 86.65% 92.38% 87.16% 85.26%

Securities / Assets 7.45% 9.65% 17.61% 14.64% 12.84% 13.52%

Tangible Equity / Tangible Assets 7.50% 10.37% 11.68% 12.35% 11.64% 11.92%

Tang Common Equity / Tang Assets 7.50% 7.79% 6.06% 9.80% 9.29% 9.57%

Risk Based Capital Ratio 10.42% 13.84% 17.77% 18.23% 18.47% 19.32%

Tier 1 Ratio 9.31% 12.58% 16.50% 16.94% 17.19% 18.04%

Leverage Ratio 8.49% 11.28% 12.40% 12.82% 12.38% 12.55%

Asset Quality

NPAs / Loans & OREO 0.22% 1.07% 4.50% 5.15% 5.30% 4.67%

Texas Ratio (1) 2.21% 9.25% 36.22% 29.64% 31.40% 25.30%

NCOs / Avg Loans 0.21% 0.47% 3.49% 1.18% 1.94% 2.18%

Loan Loss Reserves / Gross Loans 1.13% 2.22% 3.81% 4.01% 3.66% 3.45%

Reserves / NPAs 524.38% 208.09% 84.44% 77.70% 68.97% 79.38%

Reserves / Non-Accrual Loans 580.91% 208.09% 96.55% 92.83% 86.58% 126.12%

Source: SNL Financial. Financial data as of 9/30/2010 and 10-Qs. Income statement data as of MRQ

(1)Texas Ratio = NPAs + loans 90 or more days past due divided by TCE + LLR

Note: Dollars in thousands

EX-99.2

EXHIBIT 99.2

Transforming the Korean-American Banking Landscape

MERGER OF EQUALS

+

Deal at a Glance

Transaction Summary:	Merger of Equals between Nara Bancorp and Center Financial creates the largest and strongest bank in the Korean-American community with a true national presence
Terms:	Center Financial shareholders will receive 0.7804 shares of Nara Bancorp stock for every one share of Center Financial stock they own
Ownership:	•        Nara Bancorp shareholders will own 55% of the combined company •        Center Financial shareholders will own 45% of the combined company
Expected Closing:	Sometime in the second half of 2011
Required Approvals:	•        Approval of regulators •        Approval of Nara Bancorp shareholders •        Approval of Center Financial shareholders
Management and Board of Directors:	Alvin Kang will be CEO of the combined company; Jae Whan (J.W.) Yoo will be President Bank Holding Company: Ki Suh Park will be the Chairman and Chang Hwi Kim will be Vice Chairman Bank: Kevin Kim will be Chairman and Scott Whang will be Vice Chairman The Board of Directors will consist of 7 directors from Nara and 7 directors from Center
Pro Forma Combination:	•        More than $5 billion in assets and $4 billion in deposits •        More than 40 branches in Southern California, Northern California, New York, New Jersey, Seattle and Chicago •        The largest deposit market share among Korean-American banks in Southern California, Northern California and the New York/New Jersey area, and strong market share in Seattle and Chicago
Transaction Rationale:	•        Shareholders will benefit from the increased earnings power of the combined company and the improved ability to generate profitable growth going forward •        Customers will benefit from the convenience of additional locations and increased investment in the bank’s products and services capabilities •        Employees will benefit from being part of the most profitable and strongest bank in the Korean-American community

EX-99.3

EXHIBIT 99.3

Transforming the Korean-American Banking Landscape

MERGER OF EQUALS
	+

Customer Fact Sheet

• The merged companies will be the largest and strongest banking franchise in the Korean-American community

• We will have more than $5 billion in assets and nearly $4 billion in deposits

• We will be the only Korean-American bank with a truly national footprint

• We will have more than 40 branches in Southern California, Northern California, New York, New Jersey, Seattle and Chicago

• We will have the leading deposit market share among Korean-American banks in Southern California, Northern California, and the New York/New Jersey area

• We will be the largest originator of SBA loans of any Korean-American bank

• The combined entity will be led by a complementary partnership of executive management and Board members

• Al Kang will be the CEO of the combined company and Jae Whan (J.W.) Yoo will be President

• The Board of Directors of the combined holding company and bank will also have equal representation

• The transaction will require the approval of regulators, as well as the shareholders of both Center and Nara

Southern California
14 Nara branches
16 Center branches
New York / New Jersey
7 Nara branches
Northern California
2 Nara branches
3 Center branches
Seattle
2 Center branches
Chicago
1 Center branch

Transforming the Korean-American Banking Landscape

	MERGER OF EQUALS
	+

Customer Q&A

Q: Why is this merger being done?

A: The combination of Nara Bancorp and Center Financial will create the largest and strongest bank in the Korean-American community. It will help us to more profitably grow the franchise in the future, which will have benefits for our shareholders, our customers, and our employees.

Q: What will be the name of the new company?

A: We have not yet made a decision about the brand name.

Q: When can I start using Center’s branches and ATMs?

A: Shortly after the merger is completed. We will notify you when customers can start using the additional branches and ATMs.

Q: Will any branches be closed?

A: At this point, we expect that a few branches might be closed due to their close proximity to another branch. Decisions about which branches might close will be made in the months prior to the closing of the merger. We will provide notice well in advance of any branch that may be closing and direct customers to a nearby location that can be used instead.

Q: Will any of my accounts be affected?

A: No, all of your accounts will remain unchanged.

Q: Who should I contact if I have additional questions?

A: Please call us at (213) 639-1700 if you have additional questions.

EX-99.4

EXHIBIT 99.4

Transforming the Korean-American Banking Landscape

MERGER OF EQUALS
	+

Employee Fact Sheet

• The merged companies will be the largest and strongest banking franchise in the Korean-American community

• We will have more than $5 billion in assets and nearly $4 billion in deposits

• We will be the only Korean-American bank with a truly national footprint

• We will have more than 40 branches in Southern California, Northern California, New York, New Jersey, Seattle and Chicago

• We will have the leading deposit market share among Korean-American banks in Southern California, Northern California, and the New York/New Jersey area

• We will have the 15th largest deposit market share among all banks in Los Angeles County

• We will be the largest originator of SBA loans of any Korean-American bank

• The combined entity will be led by a complementary partnership of executive management and Board members o

• Al Kang will be the CEO of the combined company and Jae Whan (J.W.) Yoo will be President o

• The Board of Directors of the combined holding company and bank will also have equal representation

• A Consolidation Committee will be established with representatives from both companies to oversee the integration process and determine key issues such as branding, organizational structure, etc.

• The transaction will require the approval of our regulators, as well as the shareholders of both Center and Nara

Southern California
14 Nara branches
16 Center branches
New York / New Jersey
7 Nara branches
Northern California
2 Nara branches
3 Center branches
Seattle
2 Center branches
Chicago
1 Center branch

Transforming the Korean-American Banking Landscape

	MERGER OF EQUALS
	+

Employee Q&A

Q: Why is this merger being done?

The combination of Nara and Center will create the largest and strongest bank in the Korean-American community. It will help us to more profitably grow the franchise in the future, which will have benefits for our employees, customers and shareholders.

Q: How will my job be affected?

For the majority of employees, there will be little to no change to your day-to-day responsibilities. However, there are inherent benefits that will go along with working for the leading bank in the Korean-American banking industry, including more opportunities for career advancement.

Q: Will there be any job losses as a result of this merger?

In any transaction of this nature, there are some redundancies that will need to be eliminated. This particular transaction, however, is a complementary combination with less overlap between the two companies than one might think, minimizing the number of jobs that will be impacted. For the affected positions, we will provide information about severance packages and benefits at the time decisions are made.

Q: When will the decisions be made about any jobs that will be eliminated?

None of the personnel decisions related to the merger will take effect until after the transaction closes in the second half of 2011.

Q: Will any branches be closed?

A consolidation committee will determine if any branch closures are required. At this point, we expect that only a handful of branches might be affected, given the complementary nature of the respective branch networks.

Q: When will we meet and hear from executives at Center Financial?

Until the merger is completed, we will be operating independently, and it will be business as usual. As we proceed through the closing process, it may become appropriate for some executives at Center to meet with Nara employees. If that is the case, we will give you advance notice.

Q: What will be the name of the new company?

We have not yet made a decision about the brand name.

Q: Will our headquarters be changing?

We intend to consolidate into one headquarters at some point in the future, but given the size of the combined company, it will be a lengthy process in determining the relocation plans.

Q: Will our benefits be changing?

It is too early to determine if there will be any changes to the benefits program once the companies are combined. However, we plan to have one of the most competitive benefits packages in the Korean-American business community.

Q: How will this impact the timing of performance reviews?

We will notify you if the merger dictates a change in the timing of performance reviews.

Q: How will we receive news on the progress of the closing of the merger?

We will send out periodic updates as we reach key milestones during the closing process.

EX-99.5

EXHIBIT 99.5

To Our Valued Customers,

I am excited to inform you that on December 9, 2010, Nara Bancorp, Inc. and Center Financial Corporation signed a definitive agreement to merge. This merger will create the largest and strongest bank serving Korean-American communities in the United States. We expect the merger to be completed by the second half of 2011. This merger will provide many valuable benefits to our customers:

• Greater convenience We will have over 40 locations to serve you in Northern California, Southern California, New York, New Jersey, Seattle and Chicago

• More ATMs – You will have a greater number of ATMs at your disposal nationwide

• Increased capacity to lend – We will have even greater ability to meet the borrowing needs of our customers and support economic activity in our markets

• Continued innovation – This combination will enable increased investment in our products and services capabilities, so that we can continue to offer you the latest innovations in banking

• Unmatched financial strength – Nara and Center were already the two healthiest banks in the Korean-American community; together we will create an even stronger financial institution that will provide unparalleled security for your most valuable financial assets

As one of the largest employers in the Korean-American community, we pledge to be a model corporate citizen. We will continue to be an enthusiastic supporter of our communities with a philanthropic program that far surpasses any other Korean-American bank.

The past few years have been very challenging from an economic standpoint and we thank you for remaining loyal to Nara. Your business is extremely valuable to us and we believe this merger will further improve our ability to service all of your banking needs.

We have enclosed a Fact Sheet and Q&A document to address any questions you may have. If you have additional questions, please feel free to call us at 213 639 1700.

Sincerely,

/s/ Alvin D. Kang

Alvin D. Kang

Chief Executive Officer

Nara Bancorp, Inc. and Nara Bank

EX-99.6

EXHIBIT 99.6

NARA BANCORP, INC., #4393513

NARA BANCORP INC.—NARA BANCORP AND CENTER FINANCIAL

MERGER CONFERENCE CALL

December 9, 2010, 5:45 PM ET

Chairperson: Tony Rossi (Mgmt.)

Operator: Ladies and gentlemen, thank you standing by, and welcome to the Nara Bancorp and Center Financial Merger Conference Call. During today’s presentation all parties will be placed in a listen only mode. Following the presentation, the conference will be open for questions. If you have a question please, press the star followed by the one on your touchtone phone. If you’d like to withdraw your question please press the star, followed by the two. If you’re using speaker equipment, please lift your handset before making your selection. This conference is being recorded today, Thursday, December 9th of 2010.

I’d now like to turn the conference over to Angie Yang [ph], Investor Relations for Center Financial. Please go ahead, ma’am.

Angie Yang: Thank you. Thank you all for joining us here today on such short notice. We have with us today Alvin Kang, President and Chief Executive Officer of Nara Bancorp and JW Yoo, President and Chief Executive Officer of Center Financial. We also have in the room with us, Douglas Stotter [ph], a combination of the executive management team from both parties who will participate in Q&A as needed, including Doug Goddard, our CFO, Lisa Pai, our General Counsel and Kyong Goo, our Chief Operating Officer, and on the Nara side, we have—oh, I’m sorry, I forget, I didn’t see—Jason, our Chief Credit Officer, and on the Nara side we have Bonnie Lee, the Chief Operating Officer at Nara and Mark Lee, the Chief Credit Officer.

If you—as stated in the news release we do have a slide presentation that we’ve prepared. That slide presentation is available to anyone who downloads from either the Center or Nara Investor Relations website and we invite you to view those slides as we go through.

Now, before I turn the call over, please excuse me but I do have a somewhat lengthy forward-looking statements to read, before we start the call. Certain statements regarding the proposed transaction between Nara Bancorp and Center Financial including the expected timelines for completing the transaction, future financial and operating results, benefits and synergies of the proposed transaction and other statements about the future expectations, beliefs, goals, plans, prospects of management of each of Nara Bancorp and Center Financial are statements may be deemed to be forward-looking statements. These statements are based on current expectation, estimates, forecasts and projections and management assumptions about the future performance of each of Nara Bancorp and

Nara Bancorp, Inc. Page 1 12/9/2010

Center Financial and the combined company as well as the businesses and markets in which they do [ph] and are expected to operate. These statements constitute forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995. Such words as expects, believes, estimates, anticipates, targets, goals, projects, intends, plans, seeks, and variations of such words and similar expressions are intended to identify such forward-looking statements, which are not statements of historical fact. There’s forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to project.

Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The closing of proposed transaction is subject to regulatory approval, the approval of the shareholders of both Nara Bancorp and Center Financial and other customary closing conditions, the receipts of [inaudible] closing conditions. There is no assurance that such conditions will be met or that the proposed transaction will be consummated within the expected timeframe or at all. If the transaction is consummated, factors may cause actual outcomes to differ materially from what is expressed in integrating Nara Bancorp and Center Financial and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction cost, deposit attrition, operating cost, customer loss [ph] and business disruption following the merger including difficulties in maintaining relationships with employees, may be greater than expected; required governmental approvals of the merger may not be obtained on its proposed terms and schedule or without regulatory constraint that may limit growth; competitive pressures amongst depositary and other financial institutions may increase significantly and have an effect on revenue; the strength of the US economy in general and of the local economies in which the combined company will operate may be different than expect, which could result in amongst other things, a deterioration in credit quality or a reduced demand for credit and have a negative effect on the combined company’s loan portfolio and allowance for loan losses; changes in the US legal and regulatory framework and adverse conditions in the stock market, the public debt and other capital markets, including changes in interest rate conditions which would negatively affect the combined company’s business and operating results.

For a more complete list of description of such risks and uncertainties, please refer to Nara Bancorp’s Form 10-K for the year ended December 31, 2009, as amended, and Center Financial’s Form 10-K for the year ended December 31, 2009, as amended, as well as other filings made by Nara Bancorp and Center Financial with the SEC. Except as required under the US federal securities laws, and the rules and regulations of the SEC, Nara Bancorp and Center Financial disclaims any intention or obligation to update any forward-looking statements after the distribution of the press release and this conference call whether as a result of new information, future events, developments, changes in assumptions or otherwise.

Nara Bancorp, Inc. Page 2 12/9/2010

Thank you for your patience as I read that long Safe Harbor. With that, let me pass it over to Al to make his remarks.

Alvin Kang: Well, thank you, Angie. That about put me to sleep—but JW and I just got back from our press conference with the Korean media, so we had an awful lot of questions and I think we’re pretty tired already, right, JW? Well, thank you for joining us and Angie read that very short Safe Harbor statement, so I’m going to being with Slide 3 of the presentation.

Today, Nara and Center signed a definitive agreement to merge our two companies. This merger unites the two strongest independent Korean-American community bank and will create the largest and best capitalized bank in the Korean-American space. We will have over 5 billion in assets, nearly 4 billion in loans, 4 billion in deposits and over 600 million in total equity, and our combined market cap will be more than 600 million. The transaction will create the only Korean-American bank with a nationwide franchise and we will have the leading deposit market share among all Korean-American banks. This merger strengthens our ability to generate long term EPS growth and will create significant value for all of our stakeholders, our shareholders, our customers, our employees and the Korean-American communities across the United States.

Turning to Slide 4, looking at the strategic opportunities available from this transaction—as far and away the largest Korean-American bank, we believe there will be inherent opportunities to capture additional market share. We intend to be aggressive in our promotion and branding efforts and impressing upon the Korean-American community that there now is a clear leader in the space and there are benefits doing business with us. The scale and breadth of the combined organization provides many advantages; these include: improving the efficiency of the pro forma franchise drawing from both organizations to create a company that offers the best product, people, and operations from both Center and Nara; capitalizing on revenue enhancement opportunities such as leveraging Center’s strong SBA [ph] platform across Nara’s customer base and footprint and further building our trade finance business as being a larger bank will provide more opportunities for cross-border transactions; and finally, the benefits of being able to provide a full range of products and services to a larger customer base. We also think that being a larger bank with a strong capital and liquidity position will improve our ability to capitalize on growth opportunities in existing markets as well as making it easier to expand into new regions. And finally, our collective focus is squarely on creating long term shareholder value.

Turning to Slide 5, there are several clear benefits from this merger. First, it will position the combined company to more effectively compete in the

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changing economic and regulatory environment. It’s clear that being a larger bank has advantages in being able to better absorb the increased regulatory cost and capital requirements we are now facing. Second, the merger will be accretive to earnings given the realizable synergies we have and the enhanced operating leverage that will result. Third, it will enhance our ability to grow organically and also to be a consolidator in the Korean-American market. Fourth, being a larger bank will give us better leverage in dealing with Korean national banks and trade finance relationships. Fifth, it will create the deepest bench of management talent in the Korean-American banking industry. Being the premier bank in the space will also improve our ability to retain and attract critical talent, and our Board of Directors will be a strong mix of community leaders, banking veterans and regulatory experts. And finally, this merger will better position the combined company to accelerate the repayment of our TARP funds and to resume paying dividends.

The next slide demonstrates how much larger the combined company will be than our nearest competitor. From the perspective of total assets, we will be over 60% larger than the next Korean-American bank. This also shows the nationwide footprint that the merged company will have. We will have branches in Southern California, Northern California, New York, New Jersey, Seattle and Chicago.

On Slide 7, one of the most attractive elements of this transaction is how similar the two companies are, which we believe will make for a great move [ph] and seamless integration. We have a similar customer base, we have similar conservative credit cultures, we focus on largely the same geographic market, we have similar business lines and banking products and we both use the same core data processing systems. The two Boards have worked very well together in the spirit of a true merger of equals and the key board and management—board and management decisions have already been made. Clearly in a transaction like this, one of the benefits if the significant operating leverage that results and we have been conservative in our assumptions of our cost savings and the timeline for realizing them. And finally, we are utilizing a best practices approach to integration. We have a consolidation committee comprised of members of both organizations that will be closely and honestly evaluating all aspects of both companies to make profitable [ph] decisions in terms of branding, product offerings, underwriting, personal [ph] branches and other important decisions that will need to be made in the coming months.

On Slide 8, I’d like to review the key terms of this transaction. This is truly a merger of equals with 100% stock swap that is tax-free. We have not yet determined the name of the new company—that will be one of the many decisions by the consolidation committee in the coming months. The transaction has a fixed exchange ratio in which Center shareholders will receive 0.7804 shares—Nara shares for every one share of Center. This will result in Nara shareholders owning 55% of the combined

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company and Center shareholders owning five—45%. On a pro forma basis, our market cap will be more than 600 million. Both companies will have equal representation on the Board of Directors and the executive management position have already been determined. There is a $10 million break-up fee should either bank accept a superior offer. The merger will require the approval of our regulators as well as the shareholders of both companies and we expect the merger to close sometime in the second half of 2011. We are projecting cost savings of approximately 11.2 million, which would be phased in within a two year period. There will be approximately 10.7 million in one-time charges related to the transaction. And the due diligence conducted for this deal has been completed, including a third party credit review for both banks by a reputable accounting firm.

Slide 9 shows the blending of the management team and board. I will be the CEO, while JW will be the President. Each bank will have seven directors on the Board and the Chairmanships and Vice-Chairmanships of the holding company and the bank level board are split equally. You can see the persons designated to be the Chair and the Vice-Chair for the holding company, the bank and you can see that it’s been equally divided.

On Slide 10, I’d like to just give you a brief overview of both banks. Nara is a $3 million bank headquartered in Los Angeles. It was founded in 1989, expanded to Northern California in 1997 and entered the New York market in 1998. Nara has completed five whole banks and branch acquisitions and is the only Korean-American bank to have raised public equity in the current cycle. Nara has 23 branches, 14 in Southern California, two in Northern California, five in New York and two in New Jersey. The West Coast offices account for 68% of the retail deposits and the East Coast offices account for 32%. Nara was profitable in the third quarter, generating net income of 4 million or $0.11 per common share. The return to profitability in Q3 was partly driven by an expanding net interest margin, lower credit cost and growth in the C&I loan portfolio. Nara’s capital levels were very strong at September 30th, with a TCE ratio of 9.61% and a total risk based capital ratio of 17.82%.

On Slide 11, we’ll talk about Center. Center is a 2.3 billion bank headquartered in Los Angeles. Center is preparing to celebrate its 25th Anniversary as a strong community business bank. It is particularly strong in trade finances via lending and has the most comprehensive cash management services in our niche markets. Center has 22 branches including 16 in Southern California, three in Northern California, two in Seattle and one in Chicago. Center reported its third consecutive quarter of profitability generating $6 million in net income or $0.13 per share for the third quarter. These results were largely driven be a continued reduction in credit cost. And at September 30th, their capital levels were also very strong, with a TCE ratio of 9.57% and a total risk based capital ratio of 19.32%.

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Looking at the footprint on Slide 12—we are very—you can see that we’re very complementary to one another. Nara gains a presence in Chicago and Seattle; Center gains a presence in the New York, New Jersey areas, and the primary consolidation opportunities will come in the Southern California market.

Slide 13 shows how the branches are currently distributed throughout our three largest markets; although in Southern California a number of the branches are clustered in a small area around Koreatown—it’s really difficult to tell from the map, so some of the dots are obscured.

On Slide 14, this will give you a sense of our positioning in these key markets. In Southern California the combined company will have 30 branches and 2.9 billion in deposits, which is 12 more branches and 15% more deposits than our next closest competitor in that market. In New York and New Jersey, we will have seven branches and 550 million in deposits—this puts us in second place in the market just behind Woody [ph] Bank, which is the US operating unit of a Korean national bank. In Northern California, the combined company will have five branches and 380 million in deposits, which is three more branches in more than double the deposits our next closest competitor. And from a national perspective, the combined company will have 45 branches and 3.9 billion in deposits, which is 21 more branches and 35% more deposits than our next closest competitor. Of course there will be some minor adjustments to these pro forma branch numbers as we go through the consolidation phase—but the takeaway is that we will clearly have a very strong position in most of our attractive markets.

Slide 15 shows the pro forma results for the third quarter of 2010. Just to point out a few highlights. The combined company would have had 11.1 million in net income, 28.4 million in pretax pre-provision earnings and an efficiency ratio of 50.8%. All of the capital ratios would be very strong with a total risk based capital ratio of 18.4%. And finally, looking at asset quality, both companies have made good progress in managing their problem loans. On a combined basis, our NPA [ph] to assets would be 4.18% and we would have an allowance of 3.15% of total loans. Of course these numbers are just combined pro forma numbers at this point and don’t reflect the merger adjustments that would occur at the time of closing.

Looking at Slide Loan and Deposits on Slide 16, the combined company would still have a fairly significant concentration in commercial real estate and it would be our goal to work down that concentration over time and [ph] continues to increase our C&I lending. The deposit base is very attractive, with non-interest bearing deposits comprising 18.7% of the combined deposit mix.

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Slide 17 shows our pro forma credit and capital measures which don’t reflect the merger adjustments that will be made at closing. The key takeaway here is that the combined bank will be very well capitalized and can continue to be aggressive in reducing our level of problem loans.

On—turning to Slide 19, I’ll talk about some of the transaction assumptions. To begin with, neither company provides earning guidance but to provide a framework for the discussion, the consensus estimate for Nara is $0.33 in 2011 and $0.73 in 2012. For Center, the consensus is $0.46 in 2011 and $0.63 in 2012. All estimates are figures from Thomson Financial as of December 7, 2010. We expect to realize approximately 11.2 million in cost savings from the merger. This represents a little more than 10% of the combined operating expense base. We expect 50% of the cost savings to be phased in in 2011, and the rest thereafter. We will recognize approximately 10.7 million in pretax deal-related expenses. We are assuming a credit mark [ph] of 7.5% of Center’s gross non-covered loans. This is based on the preliminary analysis of a third party auditing firm, as well as the due diligence performed by our management team. We are also assuming that 50% of the credit mark would accrete back into interest income over a five year period, with half of that being put back into loan loss reserves. Although we believe that [inaudible] revenue enhanced in opportunities, particularly in the areas of [inaudible] and trade finance, we aren’t assuming any for modelling purposes at this point. The core deposit intangible will be 1.5% of Center’s core deposits, and this will be amortized over ten years on an accelerated basis. And finally, we expect the merger to close during the second half of 2011.

Slide 20 shows a breakdown of the expected EPS accretion using the consensus estimates as a baseline. I want to focus on the fiscal year 2012 modelling which would be our first year of realizing the full impact of the cost savings. Our assumptions are that the synergies would add 11.9 million to pretax earnings and loan discount accretion would add another—10.3 million. After the loan discount accretion or 5.2 million, would be used to rebuild the loan loss reserve. Other adjustments which consists of CDI amortization and funding of deal related cost would have a negative impact of 3.6 million. Taxing [ph] all of this to 38%, you get 8.3 million in additional income. This translates into 21.3% EPS accretion for Nara and 9.7% of EPS accretion for Center, using the 2012 consensus estimates as a comparison.

We want to wrap up today on looking at Slide 22. By reviewing the investment opportunity that will be created through this merger, we are taking the two strongest existing Korean-American banks and creating the largest and most competitive bank in the Korean-American market. Our positioning will be improved in many areas, including the ability to expand our trade finance and SBA lending, our ability to be the preferred consolidator in the Korean-American market and our ability to attract the best talent. The transaction will result in higher earnings power for the

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combined company and makes great financial sense before factoring in any potential revenue enhancements. We will have a large presence—a larger presence, better visibility and the premier brand in the largest Korean-American communities and we will have the ability to offer customers unmatched convenience, in terms of more branches. And finally, we will have an experienced and proven management team focused on execution and customer retention.

Now, I would like to pass it over for JW for some comments.

JW Yoo: Thank you, Al. This is [inaudible] transformational development in the Korean-American banking landscape. Our two banks have had a number of conversations over the years about a possible combination and I am very pleased that we’re finally able to make it work. As Al said, it makes sense from so many different perspectives. We truly believe this is the right combination at the right time. The two banks complement each other so well. From a geographic perspective, we both have a strong presence in Southern California, with much less overlap than one might assume given that we service the same market. And as a combined bank we would have the largest market share in a region that represents the largest concentration of Korean-Americans in the country and it is also the largest population outside of Korea itself. But more importantly, our leading position in Southern California and our combined expertise in the area of international trade finance will make us an even stronger competitor. The next largest concentration of Korean-Americans in the US is New York, New Jersey areas. Currently Nara has a very strong franchise in this region, posting the second leading market position. As a large bank, we will be able to service a larger basis of customers. Moreover, many of our core commercial customers have business relations within these two metropolitan areas. With a strong presence in both Southern California and New York, we believe our offering will be unmatched by any competitor, positioning us on firm [ph] ground to gain market share in the New York and New Jersey region. In addition to our combined leadership position in Northern California, Center provides a strong presence in Seattle and Chicago as well. And as in the New York area, we believe this merger will enhance our territory [ph] to take market share gains in each of these metropolitan areas.

In terms of business lines, Center has a great SBA lending platform and is the third largest SBA lender in the Los Angeles district [inaudible] the likes of West Fargo and JP Morgan. Nara on the other hand has had great success in expanding their SD&I [ph] lending recently and has become the leader among our peers. This is noteworthy because many banks talk about expanding their C&I portfolio but only a few have truly delivered. By leveraging the respective platforms and expertise, we believe as a combined entity we will be able to accelerate the growth in those business lines across a larger base of customers. With a similar corporate culture, business models and customer bases of the two banks, we expect a smooth

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and seamless integration. This will help us to quickly begin realizing the benefits of this merger for our shareholders, our customers and our employees. We are all struggling [inaudible] through this financial crisis and it is clear that we are now operating in a much more stringent regulatory environment where the bar has been raised significantly. This is [inaudible]. We are taking a strong and purposeful step to position the combined bank as a clear leader in the Korean-American banking industry and ensure the success of the franchise for the years to come.

At this point, Al and I would like to open up the call to your questions. Operator, would you please open up the call?

Operator: Thank you, sir. Ladies and gentlemen, we will now begin the question-and-answer session. As a reminder, if you have a question, please press the star, followed by the one on your touch tone phone. If you’d like to withdraw your question, please press the star, followed by the two. If you’re using speaker equipment, please lift your handset before making your selection.

And our first question comes from the line of Aaron Deer with Sandler, O’Neill & Partners. Please, go ahead.

Aaron Deer: Hi, good afternoon. This is very exciting news and I want to extend my congratulations to all of you that were involved.

Alvin Kang: Thank you, Aaron.

Angie Yang: Thank you.

Aaron Deer: I guess—I know that in the slides and in your discussion you talked a little bit about the mark-to-market accounting that is expected on the Center’s loan book, and I’ll go through that a little more and maybe follow-up with you at some point—but I’m also curious is there going to be any mark-to-market accounting on the deposit side or on any other components of the balance sheet or just on a credit of the loan book?

Alvin Kang: No, the whole balance sheet gets mark-to-market. All the—anything that [talk over].

Aaron Deer: Okay, and you’re just going to include those in the discussion just because they’re smaller components, is that?

Alvin Kang: Right, we just took the large adjustment on the loan book.

Aaron Deer: Okay. And then—

Alvin Kang: We’ll see some adjustments on the deposits and also on the borrowing.

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Aaron Deer: Okay, and that’s included I guess in your accretion expectations?

Alvin Kang: For purposes of this modelling, I don’t think that we—

Doug Goddard: Yes, it would be but we have simplified it. This is Doug Goddard from Center Bank.

Aaron Deer: Okay.

Doug Goddard: I mean bear in mind that the actual mark-to-market will be based on market prices that exist at the date—

Aaron Deer: At the time.

Doug Goddard: — of the close, so this is a pretty broad estimate. This is very representative of what the total inclusive mark would be if it closed in today’s market.

Aaron Deer: Okay, that’s helpful. The—and then I would expect that you’ve been talking to regulators as—you know, in conjunction with your negotiations—are there any hurdles that they expect you to get over before or as part of their approval of the merger?

Alvin Kang: Well we can’t really talk about discussions that we’ve had with regulators. We can tell you that they have been advised of the transaction and we have had discussions with them.

Aaron Deer: Okay. And then, lastly, the—you mentioned the TARP repayments, do you think that this will accelerate that—your planned repayments or is that—what are your thoughts there?

Alvin Kang: Well, I think it really gives us an opportunity to repay TARP, so we will try to look for the earliest opportunity to repay TARP.

Aaron Deer: Okay. Great. Congratulations again. This is a perfect deal.

Alvin Kang: Thank you.

Angie Yang: Thank you.

JW Yoo: Thank you.

Operator: Thank you. And our next question comes from the line of Joe Gladue with B. Riley & Co. Please go ahead.

Joe Gladue: Yes, hi. Congratulations.

Alvin Kang: Hi. Thank you, Joe.

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Joe Gladue: First off, you know, I guess in the presentation you talked some about the cost saving opportunity, have you estimated how many branches you might end up consolidating?

JW Yoo: You know, Joe, that is actually up to the decision of the consolidation committee but we are thinking about probably somewhere in the approximately six to seven branches, there might be overlap. But again the final decision is up to consolidation committee.

Joe Gladue: Okay. And I guess my other question is, you’ve I guess given us some idea of the executive positions but of course, you know, Nara I guess you’re acting with—I guess Al is the acting CFO and Center has [talk over].

Alvin Kang: [Unintelligible]. What did you say?

Joe Gladue: Well, again, I’m just wondering what’s—

Alvin Kang: Oh, I see what you’re saying. Okay.

Joe Gladue: Going on—I guess what the plans are in regards to the CFO position?

Alvin Kang: Yes, we’re going to be discussing all those executive positions in the very near future but—and we have a pretty good idea but we just don’t have the names for you right now.

Joe Gladue: Okay. All right. Well, thank you.

Operator: Thank you. And our next question comes from the line of Chris Stulpin with Howe, Barnes, Hoefner & Arnett. Please, go ahead.

Chris Stulpin: Thank you, and nicely done. Congratulations. And actually, Joe asked my—the question I was really—really wanted to get at and that was the executive position such as your CFO and your Chief Credit Officer and the like—so I guess you’ll be announcing that sometime soon?

Alvin Kang: Yes.

Chris Stulpin: Okay. Thank you.

Operator: Thank you. And our next question comes from the line of John Ashley [ph] with Wellington [ph] Management. Please go ahead.

John Ashley: Hi. Good evening, JW and Al.

JW Yoo: Hi, good evening.

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Alvin Kang: How are you?

John Ashley: Fine. Good. I just actually had a question regarding the one-time expenses, can you—I haven’t had access to a computer but could you just give us a little bit of color there, if they’re not in the slide? And will there be any change of control payments? Thank you.

Speaker: Okay. There’s no significant change of control payments. It’s, you know, legal, investment banking, maybe some severance, some lease terminations and it’s all kind of the normal stuff.

John Ashley: [Unintelligible].

Operator: Thank you. And our next question comes from the line of Brett Rabatin with Sterne Agee. Please go ahead.

Brett Rabatin: Hi, good afternoon. Congratulations from me as well. Wanted to ask if you could provide a little more color around the framework for the loan mark of 7.5%. Can you give any broad color around how that number was derived?

Alvin Kang: Yes, we had a third party firm look at the portfolio and they gave us a range and we used the midpoint of the range—and they’re continuing with the work to finalize the [inaudible]. Obviously this is—will change as of the closing.

Brett Rabatin: Okay. And then I wanted to also ask, obviously conversations about this deal over the years, what changed to make this deal come to fruition at this point as opposed to prior conversations?

Alvin Kang: Well, I’ll give you my thoughts and JW will add. Because we have had conversations for many years, the interesting thing is that both banks felt that we were so compatible in so many ways, similar cultures, a lot of the employees knew each other—in fact many of the employees worked at both banks—and so it just seemed very natural. And also I think from the, you know the credit quality perspective I think we both had very high respect for each other’s credit culture—and so over the years I know that we’ve had many discussions and as you can imagine the issues usually come down to what’s called social issues and I think the difference this time is that we were both so committed and the benefits of the MOE [ph] was so compelling that I think we all looked at it from what is it that, you know, the best interest—what is in the best interest of both our shareholder groups and we also looked at it from that perspective—the benefits or the interests of our stakeholders and just to make it happen, so were 100% committed on both sides.

JW Yoo: Yes, I think the most important factor [inaudible] made some changes, the commitment by the Board of the two banks is quite different from, you

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know, previous companies [ph] and also the other one which I differentiate it this time from previous cases is because of their commitment and also dedication of the two representative [inaudible] of both banks, they handled and processed in a professional way by highly [ph] financial advisors and also their highly legal advisors. And also we are—worked together with regulatory authorities by talking and discussing with them before this kind of things happen. So this is all together represents good recognition of the timing of this kind of transaction. In adverse [ph], under the general economic situation, which we are facing right now, and everybody has some consensus this is the right time to merge and also their dedication and commitment played a critical role to make [audio interference]. That is a big difference and it changes [audio interference].

Brett Rabatin: Okay. Yes, it looks like a great transaction—so again, congratulations.

JW Yoo: Thank you.

Operator: Thank you. And our next question comes from the line of Bill Fazilem [ph] with Titan Capital Management. Please go ahead.

Bill Fazilem: Thank you. We have a couple of questions. First of all, would you please give us your perspective on the earnings power that the business will have not only after consolidation benefits but truly working through credit issues, etcetera, e-commerce? And I’m thinking in terms of return on assets, what level do you believe in this regulatory environment will be achievable for the combined company, please?

Alvin Kang: Okay, I think the earnings power is—if you look at pre-provision earnings and then secondly credit cost, you can really see the benefits and synergies. I think this combination will significantly improve pre-provision earnings and both companies have been really working down its credit cost. I think Center has been a little further ahead than us but I think Nara is also seeing improvement in credit cost. So, you know, very simply, we believe our pre-provision earnings will be very strong. I think we’ll be above peer and our credit cost will, you know, continue to improve. And in terms of what do we expect on ROE going forward, we have a target and we’ll work towards that target but I think the—if you talk to people in the industry today if you can achieve over 1% ROE and you can approach 15% ROE you’re doing pretty good.

JW Yoo: I think in terms of earning power, [inaudible] there will be some synergy by combining these two banks into one. From geographic perspective, Nara has very strong presence in East Coast and we have a slightly larger market share and better position in West Coast, particularly in Southern California and by combining these two players into one I think the earning power will be—will enhance—and at the same time the product line and the business model, although it is very similar, we have a strengthen in

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SBL lending and trade finance, whereas Nara has also very strong presence in C&I business area, and by putting together those production I think we can resolve one of the critical issues of CRE [ph] concentration. The Center Bank has been trying to put it down below 65%, now it is slightly over 67, but I think from Nara’s point of view CRE concentration will be better off by merging. But at the same time we have a new C&I from CRE so we have a much larger denominator so I think down the road that will contribute to our improved CRE concentration area. And also, Nara and Center Bank are generally regarded [inaudible]—I mean the healthier [ph] bank in the Korean community, so in the sense of our conservative credit culture we’ll be matched each other the credit issues will be resolved sooner or later [inaudible].

Bill Fazilem: Thank you both. And so if we take that out to a return on asset level of 1.25%, do you believe that that is achievable after provision, and so truly on a net income as reported basis—and I’m not talking here near term but long term?

Alvin Kang: I think it’s within the realm of reasonable mass [ph]. So we’d have to really get all our [inaudible] in order but we have high goals and aspirations.

Bill Fazilem: Thank you. And then finally, in the press release there is a reference in one of the bullet points of the benefits that you believe this gives you an ability to be a consolidator within the Korean-American banking industry—would you please lay out the landscape as you see it and how further consolidation may take place and how the combined entity may be a participant in that?

JW Yoo: Yes, you know, as you know in Southern California we have 12 banks competing with each other and it is getting intensifying year by year, and generally speaking 12 Korean banks in this small community seems to be [inaudible]—so everybody is talking about consolidation but it didn’t happen so far, so I think our, you know, merge between Nara and Center Bank is kind of an exemplary case. And these two banks, once it is combined, we have, you know, a super [ph] capital ratio and we have enough resources, we have, you know, a bunch [ph] of expertise and talented executive officers, so if any of Korean banks is in a trouble situation or any kind of a symptom which we think that is right target, I think we are preparing to looking at that more positively. In that sense I think that there is some opportunity but at this point of time no particular one has been identified.

Alvin Kang: I think long term the industry has to consolidate, so I think after this merger I think we’ll be probably in the best position to take advantage of any opportunities, whether they be assisted or not assisted.

Bill Fazilem: Thank you both again.

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Operator: Thank you. And as a reminder, ladies and gentlemen, if there are any additional question, please press the star, followed by the one. If you are using speaker equipment you will need to lift your handset before pressing the star key.

And our next question comes from the line of Dan Dasana [ph] with Harvest Capital. Please go ahead.

Dan Dasana: Hi guys. Al, JW, I mostly wanted to congratulate you on a deal that we obviously think makes a ton of sense. Specifically though, Al, you said, you mentioned that you thought that the cost save expectation was conservative and we view it that way as well—can you talk a little bit about the components of the conservatism and where the opportunities are to exceed those cost save goals?

Alvin Kang: Yes, I think, you know, the nature of this merger is that we have a very complement situation, as you can tell from just looking at the branches and what JW said. We’re not going to have too much in the way of branch overlap and, you know, we have markets that Center doesn’t, Center has markets that we don’t, so very complement. And, we’ve I guess been conservative on purpose because we don’t want to overstate what we think might be a cost saving—we’d rather understate and then—there will be opportunities for cost savings but—The 10% on a combined basis, if you look at from what we understand, best MOEs that isn’t out of the realm of reasonable amount [ph].

Dan Dasana: Great. Again, thank you very much. Thanks and congrats.

Alvin Kang: Thank you.

Operator: Thank you. And our next question comes from the line of Ram Shankar with FBR Capital Markets. Please go ahead.

Ram Shankar: Good evening, thanks for taking my question. Congratulations on the transaction.

Alvin Kang: Thank you.

Ram Shankar: Most of my questions were answered—but can you give me a preliminary estimate of the goodwill that this transaction creates?

Doug Goddard: This is Doug Goddard. I’d really rather not. Like, the purpose of this illustration, the pro forma is using conservative estimates and the Street numbers that we’ve got an accretive deal without [inaudible]. There’s so many moving parts that I’d hate to be real specific on a forecast on that [audio interference] detail.

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Ram Shankar: Okay, fair enough. And could you give me—what percentage of the loan book was reviewed as part of the due diligence process?

Mark Lee: This is Mark, Chief Credit Officer of Nara Bank. We hired third party independent loan review group and they have gone through about 30% of Center’s portfolio and one interesting to note is that both of us we’re using the same external credit reviews, so we are very familiar with their credit.

I hope that answered your question.

Ram Shankar: Yes, that did. Thank you. Congratulations again.

Mark Lee: Thank you.

Operator: Thank you. And our next question comes from the line of Julianna Balicka with KBW. Please go ahead.

Julianna Balicka: Good afternoon. Congratulations.

JW Yoo: Thank you, Julianna.

Julianna Balicka: Glad to see this deal finally happening.

Speaker: You must have made some phone calls.

Julianna Balicka: I think I can retire now. Most of my questions have already been asked and answered but I have a very quick question—what is your target size of the Board, post—just this number of seats—I mean post-integration.

Alvin Kang: It’ll be seven, seven from each.

Julianna Balicka: Seven from each, so 14 total?

JW Yoo: Yes.

Julianna Balicka: Very good. And I think that pretty much everything else has been asked, so I have no further questions at this time. Thank you.

Speakers: Thank you.

Alvin Kang: Boy, that was easy, Julianna.

Operator: Thank you. And at this time there are no further questions in my queue. Please continue.

Alvin Kang: Well, thank you once again for joining us today and if you have any other questions about the merger in the coming days, please don’t hesitate to contact us. Thank you again.

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Angie Yang: Thank you.

JW Yoo: Thank you.

Operator: Ladies and gentlemen, that does conclude our conference for today. If you would like to listen to a replay of today’s conference, please dial 303-590-3030 or 1-800-406-7325, with an access code of 4393513 pound. We thank you for your participation, and at this time you may now disconnect.

END

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