Related Party Transactions and Outside Related Director Information

GBC Bancorp (Retired) (GBCB.X)

Some of the directors and executive officers of Bancorp and the companies with which they are associated are customers and have had banking transactions with the Bank in the ordinary course of the Bank's business, and the Bank expects to have banking transactions with such persons in the future. In management's opinion, all loans and commitments to lend included in such transactions were made on substantially the same terms, including interest rates and collateral, as those prevailing for comparable transactions with other persons of similar creditworthiness and, in the opinion of management, did not involve more than a normal risk of collectibility or present other unfavorable features. The aggregate balance outstanding at December 31, 2002 of all such loans and credit extensions to all directors and executive officers of the Bank, together with their associates, was $2,553,000, constituting approximately 1.17% of the Bank's stockholders' equity.

(i) Peter Wu, Ping C. Wu and Chien-Te Wu are brothers and are first cousins to Julian Wu; (ii) Thomas C.T. Chiu is a brother-in-law to Peter Wu, Ping C. Wu and Chien-Te Wu; and (iii) John Wang and Kenneth Wang are brothers.