LOS ANGELES, May 15, 2012 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc. (Nasdaq:WIBC), the holding company for Wilshire State Bank, today announced that members of the Company's senior management team will be participating in the 13th Annual B. Riley & Co. Investor Conference on May 22, 2012 in Santa Monica, CA. Alex Ko, Executive Vice President and Chief Financial Officer, and Jack Choi, Executive Vice President and Chief Credit Officer, will deliver a presentation on Wilshire Bancorp and meet with institutional investors at the conference. The presentation is scheduled for 4:00 p.m. Pacific Time on May 22, 2012.

COMPANY INFORMATION

Headquartered in Los Angeles, Wilshire State Bank operates 24 branch offices in California, Texas, New Jersey and New York, and eight loan production offices in Dallas and Houston, TX, Atlanta, GA, Aurora, CO, Annandale, VA, Fort Lee, NJ, Newark, CA, and Bellevue, WA, and is an SBA preferred lender nationwide. Wilshire State Bank is a community bank with a focus on commercial real estate lending and general commercial banking, with its primary market encompassing the multi-ethnic populations of the Los Angeles Metropolitan area. For more information, please go to www.wilshirebank.com.

CONTACT: WILSHIRE BANCORP, INC.:
         Alex Ko, EVP & CFO, (213) 427-6560
         www.wilshirebank.com