UCBH Holdings, headquartered in San Francisco, is the holdingcompany for United Commercial Bank. The bank currently has 27offices located in the San Francisco Bay Area, Sacramento, Stocktonand Los Angeles area. UCBH Holdings was founded in 1974 as UnitedFederal Savings and Loan Association to serve the San FranciscoChinese community. It now boasts $2.2 billion in assets.
For the nine months ended Sept. 30, the company's net incomerose 28% to $17.7 million. Total interest income rose 17% to $137.1million. Net interest income after the loan loss provision rose 14%to $54.8 million, reflecting increased average loans outstandingpartially offset by a higher loss provision. The company's shareprice was up $1 in afternoon trading Friday to $38.50, two dollarsbelow its 52-week high of $40.50 a share achieved on Nov. 17.
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