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InterBusiness Bank (aka Tomatobank) CEO Asks,
"Why Not Tomatobank?''

ALHAMBRA, Calif.--(BUSINESS WIRE)--May 1, 2006--"Why Tomatobank? Why not?" states InterBusiness Bank aka Tomatobank Chairman and Chief Executive Officer Dr. Stephen Liu. "It is an attractive brand name that brings to mind images of growth, multi-culture and health, all characteristics that represent who we are and what we strive to achieve. But most importantly, it is a brand that is recognizable and hard to forget. If there can be an Apple Computer - why not a Tomatobank? Try to forget it. You can't!"

After receiving a bachelors degree from UCLA and a medical degree from USC, completing the Physician Executive Program and Health Care Management Masters Program at UCLA, and having served for several years as a director on the Board of American International Bank, Dr. Liu sought a challenge that would allow him to bring together the experiences learned as a disciplined academic surgeon, manager, leader and bank director. The challenge: to establish a premier bank focused on Los Angeles' multi-ethnic community, particularly the hard working immigrant community which for the most part has been underserved by large banks.

Since its founding in 2000, Dr. Liu's mission has been a 24/7 passion and dedication to the Bank. In 2003 Dr. Liu assumed the post of Chairman and CEO for both the Bank and the Bank's holding company, TFC Holding Company.

Dr. Liu has built a dynamic senior management team in his short term as CEO, creating a team able to execute his dynamic vision; concomitantly, he has created significant shareholder value. Under his leadership, the Bank holding company's equity has increased from an initial $10MM (2000) to nearly $55MM (2006). Net earnings for 2005 increased 85% compared to 2004, return on average assets improved 300% to 1.75% in 2005 compared to 2004, and most notably, during the first quarter 2006 the Bank grew 20% and net earnings improved 50% compared to the same period in 2004.

Dr. Liu's prediction: "the future of the Bank is ever bright and like the Bank name, it is about growth. So why not Tomatobank...our employees, customers and shareholders love it!"

Tomatobank ( www.tomatobank.com ) is Los Angeles' dynamic, leading multi-ethnic bank.

 

 


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