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NASDAQ: WIBC August 20, 200 8

NASDAQ: WIBC August 20, 200 8. SAFE HARBOR STATEMENT.

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NASDAQ: WIBC August 20, 200 8

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  1. NASDAQ: WIBC August 20, 2008

  2. SAFE HARBOR STATEMENT Except for the historical information in this presentation, subjects described are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. Among these are governmental fiscal policy, interest rate and credit risk, the ability to succeed in new markets and business lines, balance sheet management, the global and local economies, general interest rate changes and other economic, competitive and operational factors. Wilshire Bancorp disclaims any obligation to announce publicly future events or developments that may affect the forward-looking statements herein.

  3. Agenda About Wilshire State Bank Second quarter 2008 financial highlights Credit quality Balance sheet growth Financial performance measurement Investment summary

  4. Solid History 1980 Wilshire State Bank Opens 1998 IPO raises $7.1 Million 2001 Reaches $500 Million in Assets 2008 New Management Team Led by CEO Joanne Kim 2007 Opened Fort Lee, NJ Branch 2004 Wilshire Bancorp Assets Surpass $1 Bil. Opened Dallas Branch 2006 Acquired Liberty Bank New York

  5. Wilshire State Bank Today 17 Branches in California 7 Loan Production Offices 3 Branches in New York & New Jersey Wilshire State Bank 5 Profit Center(SBA, CLC, Construction LC, HLC, TFD in Head Quarter) 1 Branch in Texas • Multi-ethnic community bank • Focus on commercial real estate, SBA, and C&I lending and general commercial banking. • Over 50% of Wilshire’s lending goes to the non-Korean market.

  6. National Reach Seattle New York Palisades Park Annandale Denver Atlanta Los Angeles Dallas Houston . . Future branch

  7. Recognition Ranked 5th on US Banker’sTop 200 Publicly Traded Mid-Tier Banks. Based on three-year ROE. (May 2008)

  8. Agenda About Wilshire State Bank Second quarter 2008 financial highlights Credit quality Balance sheet growth Financial performance measurement Investment summary

  9. 2Q 08 Financial Highlights Strong asset quality and aggressive credit monitoring Recovery of $1.7 million loan charged-off in 2007 Net charge-off of $234 thousand vs. $1.02 million in Q1 2008 NPA contained at 0.72% vs. 0.60% at March 31, 2008 Continues very minimum construction loan exposure of 2.50% vs. 3.0% in Q2 2007 Earnings growth Net interest income of $20.3 million vs. $19.7 million in Q1 2008 Net income of $7.43 million vs. $7.05 million in Q1 2008 EPS of $0.25 vs. $0.24 in Q1 2008

  10. 2Q 08 Financial Highlights Earning asset growth Net loan increase to $1.96 billion from $1.86 billion at March 31, 2008 Core deposit increased to $920 million vs. $888 million at March 31, 2008 Non interest income increase and disciplined expense control Efficiency ratio of 48.4% vs. 49.1% at March 31, 2008 Deposit service charges of $3.0 million vs. $2.7 million in Q1 2008.

  11. Agenda About Wilshire State Bank Second quarter 2008 financial highlights Credit quality Balance sheet growth Financial performance measurement Investment summary

  12. Loan Portfolio June 30, 2008 $1.96 Billion Consumer 1% $25.3 mil. Fixed Rate 35% $689 mil. Construction 2% $50.6 mil. Residential R/E 4% $71.2 mil. C & I 19% $376.1 mil. Var. Rate 65% $1.28 bil. Commercial R/E 74% $1.46 bil. * 3-month average loan yield=7.11%

  13. Diversified CRE Portfolio June 30, 2008 $1.52 Billion

  14. Geographic Diversification of CRE Portfolio June 30, 2008 $1.52 Billion

  15. Non-performing Assets*/Total Assets *Net of SBA guarantee

  16. Non-performing Loans*/Gross Loans *Net of SBA guarantee

  17. Allowance for Loan Losses/NPLs* *Net of SBA guarantee

  18. Net Charge-Offs/Total Loans

  19. Agenda About Wilshire State Bank Second quarter 2008 financial highlights Credit quality Balance sheet growth Financial performance measurement Investment summary

  20. Assets Performance Total Asset $1.7 Loan $1.3 2003 2005 2007 Jun. 08 Total Asset $2.4 Total Asset $2.2 +7.4% Total Asset $1.0 Loan $2.0 Loan $1.8 +9.8% Loan $0.8 $ in billion

  21. Deposits March 31, 2008 $1.73 Billion June 30, 2008 $1.74 Billion 1Q 08 average interest bearing deposit costs=4.20% 2Q 08 average interest bearing deposit costs=3.62%

  22. Core Deposit Trends Core Deposit as % of Total Deposit $992 mil. $973 mil. $959 mil. $945 mil. $920 mil. $888 mil. 1Q 07 2Q 07 3Q 07 4Q 07 1Q 08 2Q 08 54% 55% 57% 54% 51% 53% * Core deposits include non-interest bearing deposits, interest bearing deposits and time deposits less than $100,000.

  23. Agenda About Wilshire State Bank Second quarter 2008 financial highlights Credit quality Balance sheet growth Financial performance measurement Investment summary

  24. Profitability $27.8 mil. $26.8 mil. $19.5 mil. $14.5 mil. $12.8 mil. 2003 2004 2005 2006 2007 1H 2008 $0.44 $0.68 $0.96 $1.16 $0.91 $0.49 EPS* (Earnings per Share) * Diluted EPS $33.9 mil.

  25. ROA & ROE ROA (Return of Asset) ROE (Return of Equity) *All 17 public California banks with $1-5B in assets

  26. NIM & Efficiency Ratio NIM (Net Int. Margin) Efficiency Ratio *All 17 public California banks with $1-5B in assets

  27. Capital Ratio Tier 1 Capital Ratio Total Risk-based Capital Ratio * Well Capitalized>6% * Well Capitalized>10%

  28. 5+ Year Performance 12/31/02 – 8/13/08, Source: SNL

  29. YTD Performance 1/01/08 – 8/13/08, Source: SNL

  30. Agenda About Wilshire State Bank Second quarter 2008 financial highlights Credit quality Balance sheet growth Financial performance measurement Investment summary

  31. Strong Foundation Continued Capital Influx in Core-Markets Success of East Coast Expansion Timely Strategic Change

  32. Why Wilshire State Bank? Sound credit quality and credit monitoring Diversified loan and deposit ethnicity Strong loan growth Strong capital position Strong earnings growth

  33. Investment Profile & Valuation Market capitalization $379 million Shares outstanding 29.4 million Institutional ownership 39% Insider ownership 37% EPS (TTM) $0.91 Quarterly cash dividend $0.05 Recent price (8/13/08) $12.88 Price/Earnings 14.2x

  34. Strategic Growth for 2008 and beyond Optimal Loan Pricing Sound Credit Quality Balanced Deposit Growth Continuous Branch Expansions in New York and California Controlled Operating Expenses thru Cost Reductions

  35. NASDAQ: WIBC Howe Barnes Hoefer & Arnett Community Bank Conference August 20, 2008

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