CU Bancorp Reports Record Quarterly and Annual Earnings for Fourth Quarter and Full Year 2013

ENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported net income of $2.8 million, or $0.26 per fully diluted share, for the fourth quarter of 2013, an increase of 14% from net income of $2.5 million or $0.23 per fully diluted share for the third quarter of 2013, and up 74% from net income of $1.6 million or $0.15 per fully diluted share, for the fourth quarter of 2012.