A trio of local financial institutions said Friday they have received capital infusions from the U.S. Treasury Department under the government’s $250 billion capital purchase program.

After markets closed, East West Bancorp Inc., the Pasadena-based holding company for East West Bank, said it has received a $316 million investment under the Treasury’s Troubled Assets Relief Program. Nara Bancorp Inc. and Broadway Financial Corp., both based in Los Angeles, also said they will receive government funds.

East West, which has $11.7 billion in assets, did not say how it plans to use the capital, but in a statement, Chief Executive Dominic Ng said, “We intend to use this additional capital to better serve the communities we are located in and our customers.”

The government’s investment will bring East West’s total risk-based capital ratio to a healthy 16.20 percent from 13.12, the bank said.

Under TARP guidelines, institutions were allowed to apply for a maximum of 3 percent of its risk-weighted assets. The deadline to apply for the program was Nov. 14.

Nara, a Korean-American bank with $2.6 billion in assets, said it will receive $67 million through the sale of senior preferred shares to the Treasury. The investment will bring its total risk-based capital ratio to 16.08 percent from 13.08. The bank operates 21 Nara Bank branches mostly in Southern California.

Broadway, meanwhile, received $9 million and said it plans to use the money to increase its lending activity.

“We’ve basically been capital constrained. We need the capital in order to make more loans,” said Chief Executive Paul Hudson. “The money will allow us to grow by making more loans.”

The thrift has $404 million in assets and five branch locations in Los Angeles.

East West, Nara and Broadway become the latest local institutions to receive Treasury funds under the program established last month. City National Corp., the Beverly Hills-based parent of City National Bank, said Oct. 26 that it had received a $395 million investment from the government.

Several other Los Angeles banks said they also submitted applications to participate in the program.

Under TARP, the Treasury is investing money in healthy financial institutions across the country. The government has not put restrictions on how the funds should be used, but officials said the intention is to shore up the economy by strengthening the financial sector.