The net proceeds to the company, after deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $71.24 million.

The offering size was increased from $70 million to $75 million. Nara intends to use the net proceeds of the offering for general corporate purposes. These purposes include funding working capital requirements, supporting growth of the company's banking business, including both internal growth and growth from possible acquisitions, and related regulatory capital needs.

Keefe, Bruyette & Woods is acting as sole underwriter. Nara has granted the underwriter a 30-day option to purchase up to an additional 1.5 million shares of the company's common stock to cover over-allotments, if any. The company expects to close the transaction, subject to customary conditions, on or about October 27, 2009.

A service of YellowBrix, Inc.