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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-K/A-2

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934



For the fiscal year ended December 31,
2002



Commission file number: 000-50050



CENTER FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)



|California                                                 |  | 52-2380548                      
|---------------------------------------------------------- |  | --------------------------------
|(State of Incorporation)                                   |  | (IRS Employer Identification No)
|                                                           |  |                                 
|3435 Wilshire Boulevard, Suite 700 Los Angeles, California |  | 90010                           
|(Address of principal executive offices)                   |  | (Zip Code)                      
|(213) 251-2222                                            
|(Registrants telephone number, including area
code)      



Securities registered pursuant to Section 12(b) of the Act: None



Securities registered pursuant to section 12(g) of the Act: Common Stock, No Par Value



Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.



x Yes ̈No



Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K
(§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment
to this Form 10-K.



x Yes ̈No



Indicate by check mark whether the registrant is an
accelerated filer (as defined in Rule 12b-2 of the Act).



 ̈Yes         x No



As of March 10, 2003, the aggregate market value of the voting
stock held by non-affiliates of the Registrant was approximately $77.2 million, based on the closing price reported to the Registrant on that date of $16.37 per share.



Shares of Common Stock held by each officer and director and each person owning more than five percent of the
outstanding Common Stock have been excluded in that such persons may be deemed to be affiliates. This determination of the affiliate status is not necessarily a conclusive determination for other purposes.



The number of shares of Common Stock of the registrant
outstanding as of March 10, 2003 was 7,178,250.



Documents Incorporated by Reference.    Portions of the definitive proxy statement for the 2003 Annual Meeting of Shareholders to be filed with the Securities and Exchange Commission pursuant to SEC
Regulation 14A are incorporated by reference in Part III, Items 10-13.



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EXPLANATORY
NOTE



This Amendment on Form 10-K/A-2 is
being filed for the purpose of including the accountants consents as exhibits which consents were inadvertently omitted from the Amendment on Form 10-K/A to the Registrants Annual Report for the fiscal year ended December 31, 2002.



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PART IV



ITEM 15.    EXHIBITS, FINANCIAL
STATEMENTS SCHEDULES, AND REPORTS ON FORM 8-K



(a)    Exhibits



|Exhibit No. |  | Description                                                                                                                                                                                               
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |  |                                                                                                                                                                                                           
|2           |  | Plan of Reorganization and Agreement of Merger dated June 7, 2002 among California Center Bank, Center Financial
Corporation and CCB Merger Company1                                                      
|            |  |                                                                                                                                                                                                           
|3.1         |  | Restated Articles of Incorporation of Center Financial Corporation1                                                                                                                                       
|            |  |                                                                                                                                                                                                           
|3.2         |  | Restated Bylaws of Center Financial Corporation1                                                                                                                                                          
|            |  |                                                                                                                                                                                                           
|10.1        |  | Employment Agreement between California Center Bank and Seon Hong Kim1                                                                                                                                    
|            |  |                                                                                                                                                                                                           
|10.2        |  | California Center Bank 1996 Stock Option Plan1 (assumed by Registrant in the
reorganization)                                                                                                              
|            |  |                                                                                                                                                                                                           
|10.3        |  | Lease for Corporate Headquarters Office1                                                                                                                                                                  
|            |  |                                                                                                                                                                                                           
|10.4        |  | Lease for Gardena Office1                                                                                                                                                                                 
|            |  |                                                                                                                                                                                                           
|10.5        |  | Lease for Downtown Office1                                                                                                                                                                                
|            |  |                                                                                                                                                                                                           
|11          |  | Statement of Computation of Earnings Per Share (included in Note 13 to consolidated audited financial statements
included in Registrants Annual Report on Form 10-K for the year ended December 31, 2002)
|            |  |                                                                                                                                                                                                           
|21          |  | Subsidiaries of Registrant1                                                                                                                                                                               
|            |  |                                                                                                                                                                                                           
|23.1        |  | Consent of Deloitte & Touche LLP                                                                                                                                                                          
|            |  |                                                                                                                                                                                                           
|23.2        |  | Consent of KPMG LLP                                                                                                                                                                                       
|            |  |                                                                                                                                                                                                           
|99.1        |  | Certification of Chief Executive Officer and Chief Financial Officer2                                                                                                                                     



(b)    Financial Statement Schedules



Schedules to the financial statements are omitted because the required information is not applicable or because the required information is presented in the Companys Consolidated Financial
Statements or related notes.



(c)    Reports on Form 8-K



No reports on Form 8-K were filed during the last quarter of the Companys fiscal year ended December 31, 2002.



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|1 |  | Incorporated by reference from Exhibit to the Companys Registration Statement on Form S-4 filed on June 14, 2002
|- |  | -----------------------------------------------------------------------------------------------------------------

|2 |  | Filed as an exhibit to the Registrants Annual Report on form 10-K for the year ended December 31, 2002 and incorporated herein by reference
|- |  | --------------------------------------------------------------------------------------------------------------------------------------------



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SIGNATURES



Pursuant to the Securities Exchange Act of
1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized:



|Date April 25, 2003  |  | /s/ Seon Hong Kim                                                                        
|-------------------- |  | -----------------------------------------------------------------------------------------
|                     |  | Center Financial Corporation Seon Hong Kim President & Chief Executive Officer           
|                     |  |                                                                                          
|Date: April 25, 2003 |  | /s/ Yong Hwa Kim                                                                         
|                     |  | Center Financial Corporation Yong Hwa Kim Senior Vice President & Chief Financial Officer



|Signature                      |  | Title                                                                  |  | Date          
|------------------------------ |  | ---------------------------------------------------------------------- |  | --------------
|/s/ Seon Hong KimSeon Hong Kim |  | Director, President andChief Executive Officer                         |  | April 25, 2003
|                               |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|/s/ Chung Hyun Lee             |  | Chairman of the Board                                                  |  | April 25, 2003
|Chung Hyun Lee                 |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|/s/ David Z. Hong              |  | Director                                                               |  | April 25, 2003
|David Z. Hong                  |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|/s/ Jin Chul Jhung             |  | Director                                                               |  | April 25, 2003
|Jin Chul Jhung                 |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|                               |  | Director                                                               |  | April , 2003  
|Chang Hwi Kim                  |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|/s/ Peter Y. S. Kim            |  | Director                                                               |  | April 25, 2003
|Peter Y. S. Kim                |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|/s/ Sang Hoon Kim              |  | Director                                                               |  | April 25, 2003
|Sang Hoon Kim                  |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|/s/ Monica M. Yoon             |  | Director                                                               |  | April 25, 2003
|Monica M. Yoon                 |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|                               |  | Director                                                               |  | April , 2003  
|Warren A. Mackey               |  |                                                                        |  |               
|                               |  |                                                                        |  |               
|/s/ Yong Hwa KimYong Hwa Kim   |  | Senior Vice President, Chief Financial Officer and Corporate Secretary |  | April 25, 2003





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