Message from our Chairman of the Board United International Bank opened its doors in 2006 and continues to fulfill its mission of providing quality services to the consumers and businesses in our communities. The Bank consistently scores high in its Community Reinvestment Act ratings. The Bank is pleased to announce that it ended 2014 with total assets of $175 million and capital of $20.3 million. The Bank’s Risk Based Capital Ratio, a measurement of its health, was 16.51% which compares very favorably with other Community Banks. The Bank also strengthened its Board of Directors and Management team in 2014. Joining the Board of Directors was: Phyllis Shih. Director, Phyllis is an entrepreneur owning I O Logistics, Inc., an integrated logistics service provider. Phyllis also has extensive experience in the real estate industry. She is a well-respected and prominent member in the Asian American community in Queens. Edward Petrosky. President, CEO and Director, Ed has 40 years’ experience in the Banking Industry with Money Center, Regional and Community Banks. He was previously President / CEO of Hanover Community Bank. Phyllis and Ed join the following group of experienced financial and business leaders on United International Bank’s Board of Directors. Raymond Pride. Ray formerly managed the corporate finance business of a large International bank. He has 30 years of banking experience. He was most recently Chief Financial Officer of two financial services firms. Ray is Chairman of the Board and sits on the Bank’s Compensation and Credit Committees. Ian MacKinnon. Ian is a career banker with 40 years of banking experience. Ian is a former Executive Vice President and Chief Credit Officer of Barclays Bank, NY and is Chairman of the Bank’s Credit Committee. William Laraia. Bill has a 45 year career in banking. Bill is former Chairman and CEO of Apple Bank for Savings. Bill is Chairman of the Bank’s Audit Committee. Robert Jones. Bob is a CPA and has assisted businesses, institutions and individuals regarding financial and strategic planning for over 25 years. Bob is a member of the Bank’s Audit Committee. Kevin Hyland. Kevin is legal counsel specializing in commercial and residential real estate transactions. He also specializes in municipal finance. Kevin is a member of the bank’s Credit Committee. In addition to the naming of a new President / CEO the Bank also made the following management change:  Kathy Yen was named Chief Financial Officer. Kathy has over 18 years’ experience in Banking and had been the bank’s Controller since it opened in 2006. We would like to thank our dedicated and loyal employees and our growing customer base for their support and we look forward to continued success in 2015.