Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATION  ARRANGEMENTS OF CERTAIN OFFICERS
 
Wilshire Bancorp, Inc. (the “Company”), the holding company for Wilshire State Bank (the “Bank”), announced today that Donald Byun resigned from the Board of Directors of the Company and from the Board of Directors of the Bank. Mr. Byun’s resignation is effective November 29, 2007. Mr. Byun has informed the Company that his resignation is due to personal reasons, and not due to any disagreement with the Company or with the Bank. The Boards of Directors of the Company and the Bank have not yet appointed a director to fill the vacancy created by Mr. Byun’s resignation.
 
The Company’s related press release is filed as Exhibit 99.1 to this Form 8-K and is incorporated by reference herein.

 
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
 
(c) Exhibits
 
Exhibit 99.1 Press release dated December 3, 2007.
 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
  WILSHIRE BANCORP, INC.
 
 
 
 
 
 
Date: December 3, 2007  By:   /s/ Elaine S. Jeon  
  Elaine S. Jeon, Interim Chief Financial Officer
 
 
   
EXHIBIT INDEX
   
Exhibit No.
Description
   
99.1
Press release dated December 3, 2007.