-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TciHOssfywA3pukv3QnYSNRXCWawam1aoqY9p0FG9Xg85ylMzO9ayKdZzypA56yM UYOjxT6GRx3X4Xmk/rBONA== 0001157523-10-003398.txt : 20100525 0001157523-10-003398.hdr.sgml : 20100525 20100525170517 ACCESSION NUMBER: 0001157523-10-003398 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100520 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100525 DATE AS OF CHANGE: 20100525 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTER FINANCIAL CORP CENTRAL INDEX KEY: 0001174820 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 522380548 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50050 FILM NUMBER: 10857609 BUSINESS ADDRESS: STREET 1: 3435 WILSHIRE BLVD STREET 2: STE 700 CITY: LOS ANGELES STATE: CA ZIP: 90010 BUSINESS PHONE: 2132512222 MAIL ADDRESS: STREET 1: 3435 WILSHIRE BLVD STREET 2: SUITE 700 CITY: LOS ANGELES STATE: CA ZIP: 90010 8-K 1 a6304976.htm CENTER FINANCIAL CORPORATION 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)
May 20, 2010


CENTER FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)


California

000-50050

52-2380548

(State or other jurisdiction

of incorporation or organization)

(Commission File No.)

(I.R.S. Employer
Identification No.)

3435 Wilshire Boulevard, Suite 700, Los Angeles, California 90010
(Address of Principal Executive Offices) (Zip Code)

(213) 251-2222
(Registrant’s Telephone Number including Area Code)

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:

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

    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 5.02.

Departure of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers; Compensatory Arrangements of Certain Officers.

     (b)       On May 20, 2010, Lonny D. Robinson submitted his resignation as Executive Vice President and Chief Financial Officer of Center Financial Corporation and its wholly-owned subsidiary, Center Bank.  His resignation will be effective May 27, 2010. A copy of the May 25, 2010 news release concerning this resignation is attached hereto as Exhibit 99.1.

Item 9.01

Financial Statements and Exhibits

Exhibit Description
99.1 News Release dated May 25, 2010


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, hereunto duly authorized.

Dated:

May 25, 2010

CENTER FINANCIAL CORPORATION

 

 

 

By:

/s/ Jae Whan Yoo

 

Jae Whan Yoo

 

President and

Chief Executive Officer

EX-99.1 2 a6304976ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Center Financial Announces Departure of CFO

LOS ANGELES--(BUSINESS WIRE)--May 25, 2010--Center Financial Corporation (NASDAQ: CLFC), the holding company of Center Bank, today announced that Lonny D. Robinson submitted his resignation as executive vice president and chief financial officer to pursue a new opportunity, effective at the close of business May 27, 2010. President and Chief Executive Officer Jae Whan (J.W.) Yoo will oversee the responsibilities of the chief financial officer position until a permanent successor is appointed.

“We thank Lonny for his contributions over the past three years,” said President and Chief Executive Officer Jae Whan (J.W.) Yoo. “He has been a valued member of our management team and played an integral role in developing our corporate strategy to manage the company through a challenging economic period. While we are sad to say goodbye at this point in time after recent achievements and a return to profitability, we wish him success in his new endeavor.”

The company said it has launched an active search for a permanent successor.

About Center Financial Corporation

Center Financial Corporation is the holding company of Center Bank, a community bank offering a full range of financial services for diverse ethnic and small business customers. Founded in 1986 and specializing in commercial and SBA lending and trade finance products, Center Bank has grown to be one of the nation’s leading financial institutions focusing on the Korean-American community, with total assets of $2.08 billion at March 31, 2010. Headquartered in Los Angeles, Center Bank operates a total of 23 full-service branches and one loan production office. The company has 17 full-service branches located throughout Southern California and three branches in Northern California. Center Bank also operates two branches and one loan production office in the Seattle area, along with one branch in Chicago. Center Bank is a California state-chartered institution and its deposits are insured by the FDIC to the extent provided by law. For additional information on Center Bank, visit the company’s Web site at www.centerbank.com

CONTACT:
PondelWilkinson Inc.
Angie Yang
Investor Relations
310.279.5967
ayang@pondel.com

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