Dong Il Kim earlier this month returned to US Metro Bank as its chief executive.
It’s the second time he has held the post since he founded the Garden Grove-based company in 2006.
US Metro has had a few bosses in the past year or so. It started this year with an empty chief executive seat, after William Im stepped down in May 2012. In February, the bank hired Jung Chan Chang, who resigned in July.
The bank had $77 million in assets as of the end of September. It lost nearly $2.8 million so far this year. US Metro is under a consent order by state and federal regulators to improve capital ratios and loan quality. It still has about $2.4 million in funds borrowed in 2009 through the federal Troubled Asset Relief Program.
―Jane Yu
