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): August 11, 2003
Nara Bancorp, Inc.
(Exact name of registrant as specified in its charter)
000-50245
(Commission File Number)
| Delaware |
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| 95-4849715 |
| (State or other jurisdiction of |
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| (I.R.S. Employer Identification No.) |
| incorporation) |
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3701 Wilshire Boulevard
Suite 220
Los Angeles, California 90010
(Address of principal executive offices, with zip code)
(213) 639-1700
(Registrant’s telephone number, including area code)
Item 5. Other Events.
On August 11, 2003, registrant issued a press release regarding an agreement between Nara Bank, N.A., a wholly owned subsidiary of registrant, and Korea Exchange Bank, for the assumption by Nara Bank of the insured deposits, totaling approximately $51 million, of the Korea Exchange Bank, Manhattan Broadway Branch, as well as the acquisition of approximately $44 million in loans. The completion of the transaction is subject to regulatory approval and customary closing conditions, and is expected to be completed in the fourth quarter of 2003. Further details are set forth in the press release attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Press Release of the Registrant.
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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 hereunto duly authorized.
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| Nara Bancorp, Inc., | ||
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| (Registrant) | ||
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Date: | August 11, 2003 |
| By: | /s/ Timothy Chang |
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| Timothy Chang | |
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| Chief Financial Officer | |
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INDEX TO EXHIBITS
Exhibit |
| Description |
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99.1 |
| Press Release of the Registrant. |
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