1、2010 ANNUAL REPORTCorporate Headquarters 135 N.Los Robles Avenue,Pasadena,CA ACHIEVING NEW HEIGHTSEAST WEST BANCORP 2010 ANNUAL REPORTA MONUMENTALYEAR IN THE HISTORY OF EAST WEST BANK FURTHER EXPANDING OUR BRIDGEEWBC 2010|3As the financial bridge between the east and the west,our deepened internatio
2、nal connections and expanded geographic footprint bring even greater opportunities for our customersa significant competitive advantage over our peer banks.Our successes in 2010 included increasing our earnings each and every quarterdespite continued global economic challengesand achieving our highe
3、st net income to date.We successfully completed the full integrations of two acquisitionsUnited Commercial Bank,acquired in late 2009,and Washington First International Bank(WFIB)and improved,streamlined and strengthened our entire banking platform.Acquiring the banking operations of WFIB in 2010 he
4、lped to fortify our presence in the greater Seattle area and bolstered our efforts to better serve our customers in that region.We finished 2010 with net earnings of$165 million,a 115%increase over 2009,or$0.83 per diluted share.In addition,our total deposits grew to a record$15.6 billion,while our
5、core deposits grew to a record$8.9 billion,a 4%Dear Shareholders,Customers and Friends,ACHIEVING NEW HEIGHTS IN ANY ENDEAVOR IS THE RESULT OF HARD WORK AND DEDICATION TO THE TASK AT HAND.2010 WAS A YEAR OF TRANSFORMATION AND SUCCESS FOR EAST WEST BANK.WE DELIVERED SOLID FINANCIAL RESULTS AND REALIZE
6、D THE LARGEST AND STRONGEST NETWORK IN OUR HISTORY,ONE THAT REACHES ACROSS THE CONTINENTAL U.S.AND INTO KEY LOCATIONS IN GREATER CHINA.ACHIEVING NEW HEIGHTSand 25%increase year over year,respectively.Additionally,we strengthened our commercial-and international-trade-focused platforms and grew our c