East West Bancorp (EWBC) 2009年年度报告「NASDAQ」.pdf

1、2 0 0 9 a n n u a l r e p o r tstrength of the bridgee a st w e st ba n CO R P 20 0 9 an n ual r ep o rt 1Our expedited return to profitability set the stage for future growth after a single loss year for 2008 the only loss year for East West Bank in nearly 30 years,and one that followed 10 consecut

2、ive years of record earnings.Our focused efforts from the onset of the economic downturn,coupled with the strength of our leadership,allowed us to end the year stronger,more stable and ready for new opportunities.Throughout the year,we remained focused on building capital,reducing exposure to proble

3、m credits and strengthening the balance sheet.Our capital plan was a success we raised$608 million in new capital during 2009.As of December 31,2009,East West Banks total risk-based capital ratio was nearly 20%twice the regulatory requirement of 10%to be considered a“well capitalized”bank,and substa

4、ntially higher than most of our peers.Beginning in January 2008,we proactively executed a series of swift and decisive actions to reduce our exposure to risk,including our exposure to land and construction loans.Consequently,we believe that the credit cycle peaked for East West Bank in late 2009.As

5、a result of our determined,forward-looking approach,we were well positioned for the exceptional opportunity to acquire the banking operations of United Commercial Bank(UCB)strengthening our bridge:a Milestone Year in the historY of east West BankFundamental to success is anticipating opportunities a

6、nd seizing them when they arrive.though 2009 was a challenging year For the Financial industry,east west Bank rose to the challenge with strength and clarity and Finished the year with net earnings oF$77 million,or$0.33 per diluted share.we ended 2009 with record levels oF total assets,loans and dep