Hope Bancorp, Inc. Announces Demise of John R. Taylor, Member of the Board of Directors and the Chair of the Audit Committee
April 21, 2021 at 05:28 pm
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On April 18, 2021, John R. Taylor, a member of the Board of Directors of Hope Bancorp, Inc. (the Company) and the Chair of the Audit Committee, passed away unexpectedly. The Board and the Company express their deepest condolences to the Taylor family at this difficult time.
Hope Bancorp, Inc. is the holding company of Bank of Hope (the Bank). The Company's loan portfolio segments include commercial real estate (CRE) loans, commercial and industrial (C&I) loans, residential mortgage loans, and consumer and other loans. CRE loans are extended for the purchase and refinance of commercial real estate and are generally secured by first deeds of trust and are collateralized by residential or commercial properties. C&I loans are loans provided to businesses for various purposes such as for working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance activities, and other business related financing needs, and also include syndicated loans. Residential mortgage loans are extended for personal, family, or household use and are secured by a mortgage or deed of trust. Consumer and other loans consist of home equity, credit cards, and other personal loans. It operates over 54 full-service branches in the United States.
HOPE BANCORP, INC. 
