Hanmi News

  • Apr 22, 2014 Anna Chung Joins Hanmi Bank to Lead SBA Lending Division

    Anna Chung Joins Hanmi Bank to Lead SBA Lending Division



    LOS ANGELES, CA – April 21, 2014 -- Hanmi Bank (the “Bank”), a wholly-owned subsidiary of Hanmi Financial Corporation (NASDAQ: HAFC), today announced the addition of Anna Chung as Executive Vice President & Director of SBA Lending Division. Ms. Chung will lead the Bank’s SBA Lending Division and will be responsible for managing the nationwide SBA loan production and operations.  
     
    “We are delighted to have Anna join Hanmi to revitalize our SBA lending program.  Her deep-rooted history in the SBA industry and extraordinary track-record of success will enable Hanmi to fulfill its goal to be one of the top SBA lenders,” said C. G. Kum, President and Chief Executive Officer.  “As an SBA Preferred Lender, Hanmi has a long history of working with small businesses to fund their business needs.”

    Prior to joining Hanmi Bank, Ms. Chung was the Chief SBA Lending Officer with Wilshire Bank, ranked the 9th largest SBA lender in the nation by lending volume for SBA 7(a) loan in the first quarter of fiscal year 2014.  Under her leadership, she created one of the nation’s top SBA lending teams and a highly efficient process for underwriting SBA loans.  Ms. Chung is a 31-year veteran of banking and SBA lending, and has held progressively important executive positions with prominent community banks.  She completed her SBA training with the National Association of Government Guaranteed Lenders (NAGGL), a trade association representing lenders that participate in the SBA Program, and currently serves as a member of the Technical Committee and Region IX Liaison Committee of the NAGGL.

    “I am delighted to become a part of Hanmi Bank, and look forward to continuing to work with small businesses in the communities we serve for their funding needs,” said Anna Chung, Executive Vice President & Director of SBA Lending Division.  

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities of California, with 27 full-service branch offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and loan production offices in Texas and Washington State. Hanmi Bank specializes in commercial, SBA and trade finance lending, and is a recognized community leader. Hanmi Bank’s mission is to provide a full range of quality products and premier services to its customers and to maximize shareholder value. Additional information is available at www.hanmi.com. 

    Source:  http://www.sba.gov/category/lender-navigation/lender-loan-data/100-most-active-sba-7a-lenders





  • Apr 22, 2014 Hanmi Earnings Grow 10.1% to $11.0 Million, or $0.35 per Share, in 1Q14 from 4Q13

    Hanmi Earnings Grow 10.1% to $11.0 Million, or $0.35 per Share, in 1Q14 from 4Q13

     
    LOS ANGELES, April 22, 2014 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq:HAFC), the holding company for Hanmi Bank (the "Bank"), today reported that first quarter 2014 net income increased 10.1% to $11.0 million, or $0.35 per diluted share, which includes a negative loan loss provision of $3.3 million. In the fourth quarter of 2013, Hanmi earned $10.0 million, or $0.31 per diluted share, and in the first quarter of 2013, Hanmi earned $10.1 million, or $0.32 per diluted share. Pre-tax pre-provision net income grew 2.4% in the first quarter of 2014 to $15.4 million from $15.0 million in the preceding quarter, and was up 4.0% from $14.8 million a year ago.

    "Our first quarter profits were fueled by strong net interest margin, solid loan and core deposit growth," said C. G. Kum, President and Chief Executive Officer. "With higher loan recoveries, we recorded a $3.3 million negative provision for loan losses in the first quarter. Even with this negative provision, our allowance for loan losses remains strong at 2.49% of gross loans."


    For the full report, visit our Investor Relations page.







  • Apr 18, 2014 Central Bancorp Shareholders Approve Merger with Hanmi Financial Corporation

    Central Bancorp Shareholders Approve Merger with Hanmi Financial Corporation



    LOS ANGELES (April 17, 2014) – Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, announced today that shareholders of Central Bancorp, Inc. (“CBI”), parent of Texas-based United Central Bank, overwhelmingly approved the merger with Hanmi.  Of Central Bancorp’s eligible voting shares, 88% were represented at CBI’s special meeting of shareholders and 100% of those shareholders voted in favor of the merger.
    “We are very pleased that CBI shareholders have voted to join Hanmi,” said C. G. Kum, President and Chief Executive Officer of Hanmi.  “We believe the combination of our banks will create a strong franchise that will become one of the premier community banks serving not only Korean Americans, but also many other ethnic communities as well.”    

    As of December 31, 2013, CBI had approximately $1.42 billion in assets, $0.64 billion in gross loans and $1.25 billion in deposits, and 23 branches across six states (Texas, Illinois, New York, New Jersey, Virginia and California).  
    Under the terms of the agreement, the total merger consideration payable to CBI common stockholders is $50 million in cash, subject to potential purchase price adjustments.  The transaction is expected to close in the second half of 2014.  Excluding one-time merger expenses, the transaction is expected to be immediately accretive to 2014 earnings and significantly accretive to 2015 earnings and beyond; and is expected to generate an internal rate of return in excess of 20% for Hanmi shareholders.

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities of California, with 27 full-service branch offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and loan production offices in Texas and Washington State. Hanmi Bank specializes in commercial, SBA and trade finance lending, and is a recognized community leader. Hanmi Bank’s mission is to provide a full range of quality products and premier services to its customers and to maximize stockholder value. 

    About Central Bancorp, Inc.
    Founded in 1987 and headquartered in Garland, Texas, United Central Bank, a wholly-owned subsidiary of Central Bancorp, Inc., serves multi-ethnic communities in Texas, Illinois, Virginia, California, New York and New Jersey through 23 banking offices.  Additional information on Central Bancorp, Inc. and United Central Bank may be found on its website: www.unitedcentralbank.com.

    CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION
    This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those identified by words or phrases such as “may,” “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “forecast,” and other words and terms of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. Hanmi Financial Corporation cautions readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving Hanmi Financial Corporation and Central Bancorp, including future financial and operating results, Hanmi Financial Corporation’s or Central Bancorp’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction, and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include risks and uncertainties relating to: the ability to obtain the requisite Central Bancorp shareholder approvals; the risk that Hanmi Financial Corporation or Central Bancorp may be unable to obtain governmental and regulatory approvals required for the merger, or required governmental and regulatory approvals may delay the merger or result in the imposition of conditions that could cause the parties to abandon the merger; the risk that a condition to closing of the merger may not be satisfied; the timing to consummate the proposed merger; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the merger may not be fully realized or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; the diversion of management time on merger-related issues; general worldwide economic conditions and related uncertainties; the effect of changes in governmental regulations; and other factors we discuss or refer to in the “Risk Factors” section of our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”). Each forward-looking statement speaks only as of the date of the particular statement and neither Hanmi Financial Corporation nor Central Bancorp undertakes any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. 



    CONTACT INFORMATION:
    Mark (Shick) Yoon, CFA CPA CVA
    EVP & CFO
    213-427-5636
    marky@hanmi.com


    INVESTOR RELATIONS CONTACT:
    The Cereghino Group
    206-388-5788
    www.stockvalues.com

    Note:  Transmitted on Globe Newswire on April 17, 2014 at 12:21 p.m. PDT.




  • Mar 27, 2014 Hanmi Financial Appoints David L. Rosenblum and Chulse (William) Park to its Board of Directors

    Hanmi Financial Appoints David L. Rosenblum and Chulse (William) Park to its Board of Directors



    LOS ANGELES – March 27, 2014 – Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that its Board of Directors  appointed David L. Rosenblum and Chulse (William) Park to its Board of Directors, effective April 1, 2014.  

     “Both Mr. Rosenblum and Mr. Park bring additional skills to our board that will be highly valuable in the coming years, as we execute our plans to expand and grow,” said Joseph K. Rho, Chairman of the Board.  “Mr. Rosenblum’s experience in M&A and integration will be extremely valuable as we work to complete the pending acquisition of Central Bancorp, Inc.  Mr. Park’s deep roots in the local community and his understanding of the regional real estate and national mortgage markets will help us expand in these critical areas.”  

    After 34 years of service, Mr. Rosenblum recently retired as Senior Principal with Deloitte Consulting LLP, a $5 billion management consulting practice providing world class strategic planning and financial management services to firms nationwide.   He currently serves on the audit committees of Wesleyan University, the Library Foundation of Los Angeles, and The California Club, and is President of the Southern California Chapter of the National Association of Corporate Directors.  Mr. Rosenblum earned his M.B.A. in Finance from the Wharton School at the University of Pennsylvania and his B.A. in Economics from Wesleyan University, where he graduated magna cum laude and was elected Phi Beta Kappa.

    Mr. Park is a successful entrepreneur with more than 20 years of experience in mortgage banking, real estate, hospitality, golf course operations and certified public accounting.  He is the Chairman and CEO of PMAC Lending Services, which funded over $3 billion in loans in 2013 and was the 12th largest wholesale lender in the U.S. in 2012.   In addition, he founded First Family Home (previously Century 21), one of the most successful real estate firms serving the Hispanic community in Southern California, and was the managing partner of William Park CPA.  He is also the owner of the Indian Palms Country Club.  Mr. Park has been highly active in the Korean American banking community for many years.  Mr. Park earned his B.S.  in Accounting from California State University at Northridge.    

    About Hanmi Financial Corporation 

    Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities of California, with 27 full-service offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and loan production offices in Texas and Washington State. Hanmi Bank specializes in commercial, SBA and trade finance lending, and is a recognized community leader. Hanmi Bank’s mission is to provide a full range of quality products and premier services to its customers and to maximize stockholder value. 

    Forward-Looking Statements

    This press release contains forward-looking statements, which are included in accordance with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of such terms and other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. All statements other than statements of historical fact are “forward–looking statements” for purposes of federal and state securities laws, including, but not limited to, statements about anticipated future operating and financial performance, financial position and liquidity, business strategies, regulatory and competitive outlook, investment and expenditure plans, capital and financing needs and availability, plans and objectives of management for future operations, developments regarding our capital plans, strategic alternatives for a possible business combination, merger or sale transaction, including our acquisition of Central Bancorp, Inc., and other similar forecasts and statements of expectation and statements of assumption underlying any of the foregoing. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statement. These factors include the following: failure to maintain adequate levels of capital and liquidity to support our operations; the effect of potential future supervisory action against us or Hanmi Bank; general economic and business conditions internationally, nationally and in those areas in which we operate; volatility and deterioration in the credit and equity markets; changes in consumer spending, borrowing and savings habits; availability of capital from private and government sources; demographic changes; competition for loans and deposits and failure to attract or retain loans and deposits; fluctuations in interest rates and a decline in the level of our interest rate spread; risks of natural disasters related to our real estate portfolio; risks associated with Small Business Administration loans; failure to attract or retain key employees; changes in governmental regulation, including, but not limited to, any increase in FDIC insurance premiums; ability of Hanmi Bank to make distributions to Hanmi Financial, which is restricted by certain factors, including Hanmi Bank’s retained earnings, net income, prior distributions made, and certain other financial tests; ability to identify a suitable strategic partner or to consummate a strategic transaction; ability of the parties to obtain required regulatory approvals and satisfy other closing conditions with respect to our acquisition of Central Bancorp, Inc.; adequacy of our allowance for loan losses; credit quality and the effect of credit quality on our provision for credit losses and allowance for loan losses; changes in the financial performance and/or condition of our borrowers and the ability of our borrowers to perform under the terms of their loans and other terms of credit agreements; our ability to control expenses; and changes in securities markets. In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission (“SEC”), including, in Item 1A of our Form 10-K for the year ended December 31, 2012, our quarterly reports on Form 10-Q, and current and periodic reports that we will file with the SEC hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law. 


    Contact: 
    Hanmi Financial Corporation 
    Mark Yoon, CFA CPA CVA
    EVP & CFO
    213-427-5636

    Investor Relations Contact:
    The Cereghino Group
    206-388-5788
    www.stockvalues.com

    Note:  Transmitted on Globe Newswire on March 27, 2014, at 9:00 a.m. PDT.

  • Feb 18, 2014 Hanmi Bank attends Las Vegas Magic Show

    Hanmi Bank attends Las Vegas Magic Show

    Hanmi Bank officials visited the Las Vegas Magic Show to network with customers in the apparel industry and market the bank.

    Sr. EVP & COO Bonnie Lee, Corporate Banking Mgr. Jay Kim, and Fashion District Branch Mgr. Sharon Kim attended the show, which opened today at the Las Vegas Convention Center.  These officials communicated with business representatives to identify current trends in the apparel market and provide consultation regarding business loans.

    Bonnie Lee expressed that the show is a great medium through which the bank can show how much the bank supports its customers.  She also said that the best marketing is done when one actually sees its clients working on site to see what exactly it is they need the most.

    Hanmi Bank officials are expected to visit around 35 companies during their two-day visit.                                                                                                                  




    (L to R): two Mystree representatives , Sr. EVP Bonnie Lee, Branch Mgr. Sharon Kim


    (L to R): Edgemind Inc. representatives, Sr. EVP Bonnie Lee




    (L to R): Corporate Banking Manager Jay Kim, Mystree Manager


    Contact:

    Jenny Park, PR Officer (213-427-4255)

    Katie Kwon, Creative Strategy Officer (213-948-7814)




  • Jan 31, 2014 Hanmi Bank shares food with community at KAFLA Food Sharing Event

    Hanmi Bank shares food with community at KAFLA Food Sharing Event


    Sponsors included Hanmi Bank, CJ American, Nong-Shim, Dae-Sang, and Korean restaurant Sun-Nong Dan 



    KAFLA held a special food-sharing event on January 31st, 2014 in celebration of the Lunar New Year, attracting around 350 community members.  Hanmi Bank handed out traditional Korean rice cakes, reusable shopping bags, dried seaweed and bean paste.  Nong-Shim provided teriyaki udon, Chung-Jung-Won (Dae-Sang) provided dried & marinated seaweekd, and CJ America provided sun-dried seasalt and bulgogi sauce. Each attendee also enjoyed a hot meal of traditional rice cake soup which was prepared on the spot by Sun Nong Dan.  

    15 volunteers from Hanmi Bank's Hanmi neighbor program were at the event to help hand out goods to the senior citizens, including CEO, C. G.  Kum, Sr. EVP Bonnie Lee, and former major league athlete, Chan-Ho Park also helped out, garnering much attention.  4~6 volunteers consistently attend KAFLA's bi-weekly Food Bank.

    President & CEO, C. G.  Kum expressed his joy in participating in an event to help the community.  He promised that Hanmi Bank will always work to support the community and that the bank will continue to happily support the KAFLA Food Bank.




    (L to R) Sr. EVP Bonnie Lee,  CEO C. G. Kum


    (L to R) Chan-Ho Park,  CEO C. G.  Kum,  KAFLA President Moo-Han Bae




  • Jan 27, 2014 Hanmi Posts 9.6% Loan Growth and 4.9% Deposit Growth in 2013; Earns $10.0 Million, or $0.31 per Share, in 4Q13 and $39.9 Million, or $1.26 per Share, in 2013

    Hanmi Posts 9.6% Loan Growth and 4.9% Deposit Growth in 2013; Earns $10.0 Million, or $0.31 per Share, in 4Q13 and $39.9 Million, or $1.26 per Share, in 2013



    LOS ANGELES – January 27, 2014 – Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank (the “Bank”), today reported that strong loan and deposit growth contributed to profits in 2013. Fourth quarter net income totaled $10.0
    million, or $0.31 per diluted share, compared to $10.3 million, or $0.32 per diluted share, in the third quarter this year, and $14.0 million, or $0.44 per diluted share, in the fourth quarter a year ago, which included a $5.5 million gross benefit from the reversal of a deferred tax asset (“DTA”) valuation allowance.

    For the full year of 2013, net income was $39.9 million, or $1.26 per diluted share, compared to $90.4 million, or $2.87 per diluted share, a year ago, which included the $47.4 million net tax benefit from the DTA valuation allowance reversal. In 2013, pretax
    income grew 44.1% to $62.0 million from $43.0 million in 2012.

    During the fourth quarter and full year of 2013, Hanmi incurred costs associated with reviews of strategic transactions in the amounts of $730,000 ($0.015 per share after tax) and $2.1 million ($0.042 per share after tax), respectively. Excluding the impact of these costs, earnings per share would have been $0.33 for the fourth quarter and $1.30 for the full year of 2013.  

    “The fourth quarter of 2013 was solidly profitable, highlighted by continued loan growth, with excellent results from our business lending team,” said C. G. Kum, President and Chief Executive Officer. “Expanding our capabilities, particularly for commercial and industrial (“C&I”) lending and treasury management services, is allowing us to broaden and deepen our relationship with business customers throughout our market, while diversifying our loan portfolio and expanding our ability to generate fee income.

    “We are also expanding our franchise into new markets with the pending acquisition of Central Bancorp, Inc. (“CBI”). When approved, Hanmi will become the second largest Korean American Bank in the nation,” Kum continued. “With strong earnings accretion and significant strategic benefits, this deal is garnering solid support from our stockholders and other stakeholders. This transaction will add significant momentum for us and position us for future growth.”


    Click here for full report.


    Contact:

    Bonnie Lee, Sr. EVP & Chief Operating Officer 
    (213-368-3211)

    Jenny Park, FVP & Creative Strategy Manager 
    (213-427-4255)





  • Jan 15, 2014 Hanmi Bank announces 4Q13 earnings Conference Call and Webcast

    Hanmi Bank announces 4Q13 earnings Conference Call and Webcast



    LOS ANGELES, CA – January 16, 2014 -- Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank, announced today that it will report its fourth quarter 2013 financial results before the open of the stock market on Monday, January 27, 2014.  Management will host a conference call that same day, at 9:30 p.m. Pacific Time (1:30 p.m. Eastern Time) to discuss the results.   

    Investment professionals and all current and prospective shareholders are invited to access the live call on January 27th by dialing 1-480-629-9645 before 9:30 P.M. Pacific Time, using access code HANMI.  To listen to the call online, either live or archived, visit the Investor Relations page of Hanmi’s website at www.hanmi.com .   


    CONTACT: 
    Shick (Mark) Yoon 
    SVP & Chief Financial Officer  
    Direct Phone: 213-427-5636 

    MEDIA
    Jenny Park 213-427-4255
    Katie Kwon 213-368-3237

  • Dec 16, 2013 Hanmi Financial Corporation Announces Agreement to Acquire Central Bancorp, Inc.

    Hanmi Financial Corporation Announces Agreement to Acquire Central Bancorp, Inc.



    Will expand Hanmi into Texas, Illinois, New York, New Jersey and Virginia
    And Create Second Largest Korean-American Bank 
    Investor Conference Call Scheduled for 9:00 a.m. Pacific Time Today 

    LOS ANGELES (December 16, 2013) – Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, announced today that it has entered into a definitive agreement to acquire Central Bancorp, Inc. (“CBI”), parent of Texas-based United Central Bank.  The combined company will have 51 banking offices and 2 loan production offices serving a broad range of ethnic communities in California, Texas, Illinois, New York, New Jersey, Virginia and Georgia.

    As of September 30, 2013, CBI had approximately $1.6 billion in assets, $0.7 billion in gross loans and $1.4 billion in deposits, and 24 branches across six states (Texas, Illinois, New York, New Jersey, Virginia and Georgia).  

    Upon closing of the transaction, Hanmi will have approximately $4.3 billion in assets, $2.8 billion in gross loans, and $3.8 billion in deposits, and will be the second largest Korean-American bank with a #1 deposit market share ranking among Korean-American banks in Texas, Illinois and Virginia and a significant presence in other key markets.
    Key strategic benefits of the merger include:
    • Access to highly attractive markets with large Asian-American communities, creating business opportunities by leveraging Hanmi’s brand and business strategies.
    • Ability to realize significant cost savings and operational efficiencies for the combined company.
    • Opportunity to prudently deploy capital at an attractive return for our shareholders.

    Under the terms of the agreement, the total merger consideration payable to CBI common stockholders is $50 million in cash, subject to potential purchase price adjustments, representing approximately 62% of CBI’s tangible book value as of September 30, 2013.  The transaction is expected to close in the second half of 2014.  Excluding one-time merger expenses, the transaction is expected to be immediately accretive to 2014 earnings and significantly accretive to 2015 earnings and beyond; and is expected to generate internal rate of return in excess of 20% for Hanmi shareholders.
    “We believe the combined entity will be a significant competitive force in our markets and position the company for meaningful growth and earnings expansion,” said C. G. Kum, President and CEO of Hanmi.  “We are particularly pleased to have signed this agreement on the 31st anniversary of Hanmi Bank’s opening its doors as the first Korean-American bank in Los Angeles with the clear mission of helping immigrants to achieve their American dreams.  We remain committed to community banking, and to further diversifying our customer base, both ethnically and geographically.”

    “For shareholders, the combination is an attractive use of Hanmi's capital and is expected to be immediately accretive to earnings with minimal dilution to tangible book value per share, and will increase the earnings and growth profile of the combined entity,” Kum continued. “For customers, the expanded footprint, increased product line and higher lending capacity should add convenience and enhanced service.  And for employees, we will continue to invest in training, development and growth opportunities.”

    The boards of directors of both companies have unanimously approved the transaction.  The transaction is subject to regulatory approval, the approval of the shareholders of CBI, and other closing conditions.

    Hanmi Financial Corporation was advised by the investment banking firm of FBR Capital Markets and the law firm of Sullivan & Cromwell LLP.  Central Bancorp, Inc. was advised by the investment banking firm of Sandler O’Neill + Partners, L.P., and the law firm of Bracewell & Giuliani, LLP.  
    Conference Call and Webcast

    A conference call with simultaneous webcast to discuss the merger announcement will be held today, December 16, 2013, at 9:00 a.m. Pacific / 12:00 p.m. Eastern.  Interested participants and investors may access the conference call by dialing 1-480-629-9818, conference ID HANMI.  An accompanying slide presentation can be downloaded from the Investor Relations page of Hanmi Financial Corporation’s website at www.hanmi.com.  

    There will also be a live webcast of the call available at the Investor Relations page of Hanmi Financial Corporation’s website at www.hanmi.com.  After the live webcast, a replay will remain available in the Hanmi Investor Relations website.  





    From L to R:  
    Bonnie Lee, Sr. EVP & COO
    C. G.  Kum, President & CEO
    Joseph K. Rho, Chairman of the Board
    Mark Yoon, EVP & CFO

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities of California, with 27 full-service offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and loan production offices in Texas and Washington State. Hanmi Bank specializes in commercial, SBA and trade finance lending, and is a recognized community leader. Hanmi Bank’s mission is to provide a full range of quality products and premier services to its customers and to maximize stockholder value. 

    About Central Bancorp, Inc.
    Founded in 1987 and headquartered in Garland, Texas, United Central Bank, a wholly-owned subsidiary of Central Bancorp, Inc., serves multi-ethnic communities in Texas, Illinois, Virginia, Georgia, New York and New Jersey through 24 banking offices.  Additional information on Central Bancorp, Inc. and United Central Bank may be found on its website: www.unitedcentralbank.com.
    CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION
    This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those identified by words or phrases such as “may,” “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “forecast,” and other words and terms of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. Hanmi Financial Corporation cautions readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving Hanmi Financial Corporation and Central Bancorp, including future financial and operating results, Hanmi Financial Corporation’s or Central Bancorp’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction, and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include risks and uncertainties relating to: the ability to obtain the requisite Central Bancorp shareholder approvals; the risk that Hanmi Financial Corporation or Central Bancorp may be unable to obtain governmental and regulatory approvals required for the merger, or required governmental and regulatory approvals may delay the merger or result in the imposition of conditions that could cause the parties to abandon the merger; the risk that a condition to closing of the merger may not be satisfied; the timing to consummate the proposed merger; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the merger may not be fully realized or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; the diversion of management time on merger-related issues; general worldwide economic conditions and related uncertainties; the effect of changes in governmental regulations; and other factors we discuss or refer to in the “Risk Factors” section of our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”). Each forward-looking statement speaks only as of the date of the particular statement and neither Hanmi Financial Corporation nor Central Bancorp undertakes any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. 

    CONTACT INFORMATION:
    Mark (Shick) Yoon, CFA CPA CVA
    EVP & CFO
    213-427-5636
    marky@hanmi.com_


    INVESTOR RELATIONS CONTACT:
    The Cereghino Group
    206-388-5788
    www.stockvalues.com

    Note:  Transmitted on Globe Newswire on December 16, 2013 at 4:30 a.m. PST.




  • Nov 22, 2013 Hanmi Bank and Shin-Soo Choo Support KYCC's Thanksgiving Potluck

    Hanmi Bank and Shin-Soo Choo Support KYCC's Thanksgiving Potluck



     Hanmi Bank joins KYCC's Thanksgiving Potluck with Food and Gifts

    Hanmi Bank and MLB player Shin-Soo Choo, spokesperson of Hanmi, joined efforts to support KYCC's Children's Center in their annual Thanksgiving potluck.  Various gifts from piggy banks, to stationary and balloons, was handed out to the children.

    A total of 150 people, Bonnie Lee, COO and Sr. EVP of Hanmi Bank, and Shin-Soo Choo, attended the event to make this year's potluck very special.

    Shin-Soo Choo personally brought baseballs and stationary for all of the kids, signing each of them during a signing event after lunch.


    About KYCC’s Children’s Center
    KYCC Children’s Center’s mission is to provide affordable quality childcare for our Koreatown community. We envisioned a program that would allow children to make their own choices, that would nurture their creativity and that would give them opportunities to explore interests that are hands-on and meaningful. Our program shares a philosophy of respect for other cultures, a sense of community involvement and an appreciation for nature. We believe in striving towards excellence as well as cultivating a lifelong love of learning.



    Media Contact: 
    Jenny Park, Marketing Manager of Hanmi Bank (213) 427-4255, jennyjp@hanmi.com 
    Jay Kim, Development Associate of KYCC (213) 365-7400 x 5215, jkim@kyccla.org 




Copyright ©2013 Hanmi Bank. All rights reserved.