BBCN Bancorp, Inc. operates as the bank holding company for BBCN Bank that provides commercial banking loan and deposit products primarily to Korean communities in the United States. The company offers short-term and long-term deposits comprising personal and business checking accounts, money market accounts, savings, certificates of deposits, and individual retirement accounts. Its loan portfolio includes commercial business, commercial real estate, trade finance, and small business administration loans; commercial loans to businesses for various purposes, which consist of working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs, as well as issues and advises on letters of credit for export and import businesses, and handles documentary collections; and consumer loans, such as direct auto loans. The company also provides cash management services, such as remote deposit capture, lock box, and ACH origination services; travelersí checks, safe deposit boxes, and other customary bank services; courier services to qualifying customers; and Internet banking and bill-pay, telephone banking, and debit card services, as well as operates automated teller machines. As of June 27, 2012, it operated 40 branches in California, New York, New Jersey, Washington, and Illinois; and 4 loan production offices in Seattle, Denver, Dallas, and Atlanta. The company was formerly known as Nara Bancorp, Inc. and changed its name to BBCN Bancorp, Inc. in November 2011. BBCN Bancorp, Inc. was founded in 1989 and is headquartered in Los Angeles, California.