Hanmi News

  • Aug 28, 2013 한미은행, 영업조직 강화

    한미은행, 영업조직 강화


    영업망 확대 및 활성화위해 인력 보강

    한미은행(행장 금종국)이 본격적인 영업 활성화를 위해 영업운영 및 인사를 대폭 강화하였다. 한미는 어제 피터 양씨를Executive Vice President  & Chief Banking Officer로, 앤서니 김씨를 Executive Vice President  & Chief Lending Officer로 공식 발표하며 새로운 영업운영 방식을 선보였다. 

    우선 크게 달라진 점은 예전에 North와 South로 나누었던 디스트릭트를 1본부, 2본부로 운영하여 새로 선임된 전무들이 각 본부를 총괄하게 된다. 각 본부는 비즈니스 대출 및 예금이 많은 Business Branch 와small business및 개인 예금이 많은 Retail Branch로 나누어진다. 본부운영은 전무와 본부장들이 하게 되며, 1본부는 피터 양 전무가, 그리고 2본부는 앤서니 김 전무가 총괄하게 된다. 특히2본부를 맡은 앤서니 김 전무는 Chief Lending Officer로서 소비자 융자와 커머셜 융자도 함께 맡게된다. 각 본부의 리테일 지점들은 본부장들이 맡게되며 1본부는 윤석진 본부장, 2본부는 정우영 본부장이 맡아 본부의 업무를 세분화하는 동시에 효율성을 높이도록 하였다.  

    금종국 행장은 “앞으로 더욱 활성화될 영업을 지원하기위해 영업 구조를 강화시켰다. 새로 정립된 시스템은 각 지점의 특성을 최대한 살려 고객들에게 더욱 맞춤화되고 효율적인 서비스를 제공할수 있도록 준비되었다.”고 말했다. 

    또한 한미는 기업 금융부서를 새로 설립하여 기업 대출 및 국제부 업무를 강화하였다. 기업 금융은 크리스 조와 제이 김씨가 기업 금융 매니저로 총괄한다. 

  • Aug 23, 2013 Hanmi Financial Holds 2013 Annual Stockholders' Meeting

    Hanmi Financial Holds 2013 Annual Stockholders' Meeting



    Hanmi Financial, holding company of Hanmi Bank, held its 2013 Annual stockholders' meeting on August 23, 2013 at 10:30 AM at the Sheraton Universal Hotel.  The following have been approved:

    1.  I-Joon Ahn, John Hall, Paul Kim, William J. Stolte, Joseph K. Rho, and CEO C. G. Kum (re)appointed as Directors of the Board

    2.  Changes in Management Personnel approved

    3.  Amended Equity Compensation approved

    4.  External accounting firm, KPMG, appointed 

    Furthermore, through a meeting of the Directors held immediately afterwards, Joseph K. Rho was reappointed as Chairman of the Board.

    For further questions and information, please contact Jenny Park, Creative Strategy Manager (213-427-4255).
  • Aug 20, 2013 Hanmi Financial Declares Cash Dividend of $0.07 per Share

    Hanmi Financial Declares Cash Dividend of $0.07 per Share



    LOS ANGELES – August 20, 2013 – Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that its Board of Directors has declared a cash dividend on its common stock of $0.07 per share.  The dividend will be paid on or about September 17, 2013 to Hanmi’s stockholders of record as of the close of business on September 3, 2013.

    “We are pleased to be able to return to paying a regular quarterly cash dividend to our stockholders, who have been very loyal over the years,” said C. G. Kum, President and Chief Executive Officer.  “The cash dividend reflects Hanmi’s commitment to return value to its stockholders.  It is also a testament to the strength of the core banking activities and financial performance of Hanmi, while maintaining sufficient capital for growth.” At the stock price of $17.39 per share at the close of the market on August 19, 2013, the current dividend equates to a yield of 1.61% on an annualized basis.

    The payment of cash dividends remains subject to review by the appropriate regulatory authorities on a quarterly basis.  

    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 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 regulatory orders we have entered into and 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; 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
    EVP & CFO
    213-427-5636

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



  • Aug 12, 2013 Hanmi Bank Opens Texas Loan Production Office

    Hanmi Bank Opens Texas Loan Production Office


    LOS ANGELES – August 12, 2013 – Hanmi Bank (“Hanmi”), a subsidiary of Hanmi Financial Corporation (NASDAQ: HAFC), celebrated the grand opening of its Texas Loan Production Office (“LPO”) on August 9, 2013, with approximately 150 guests attending to congratulate the opening.

    Opening celebration was attended by dignitaries including Monica R. Alonzo, Deputy Mayor Pro Tem of Dallas, Herbert Austin, SBA District Director, Dong Chan Kim, Korean Consul General, Barket Basaria, Chairman of Greater Dallas Asian American Chamber of Commerce and Young Ho Ahn, President of Korean Community in Dallas.

    “Hanmi is excited to have presence in Texas, which is one of the fastest growing markets right now. As a community bank that has thrived in supporting local businesses, we hope to continue to expand our service to continue to meet the market’s growing needs.” said C. G. Kum, President  & Chief Executive Officer.

    Hanmi is a preferred SBA lender and has shown strong profitability with both solid loan and deposit growth in recent past. The Texas LPO will be managed by Pervez Bhojani, who has over 29 years of experience in the financial industry.

    Hanmi Bank Texas Loan Production Office
    11461 Harry Hines Blvd. #103
    Dallas, TX 75229
    Tel: 469-387-1383




    (Click to enlarge)

    Photo: 
    (From left to right)
    Mike Kim, SBA Manager, Hanmi Bank
    Barket Basaria, Chairman Greater Dallas Asian American Chamber of Commerce
    Herbert Austin, SBA District Director
    Pervez Bhojani, Texas District Manager, Hanmi Bank
    C.G. Kum, President & CEO, Hanmi Bank
    Monica R. Alonzo, Deputy Mayor Pro Tem Dallas, TX
    Dong Chan Kim, Korean Consul General


  • Aug 05, 2013 Bonita I. Lee Joins Hanmi Financial as Sr. EVP & Chief Operating Officer

    Bonita I. Lee Joins Hanmi Financial as Sr. EVP & Chief Operating Officer



    Bonita I. Lee Joins Hanmi Financial as Sr. EVP & Chief Operating Officer

     

    LOS ANGELES – August 5, 2013 – Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank (the “Bank”), today announced that Bonita I. Lee is joining Hanmi and the Bank as its new Senior Executive Vice President (“SEVP”) and Chief Operating Officer (“COO”).  As the COO, she will be responsible for all facets of loan and deposit generation for the Bank as well as marketing and advertising.

    “Bonnie Lee has deep roots in our community, and is one of the most respected bankers in our market.  We are delighted to have her join our executive management team as our new COO,” said C. G. Kum, President and Chief Executive Officer.  “Ms. Lee brings 27 years of extensive and broad experience in banking. Her reputation as a successful, hard-working executive has been key to attracting talent and leading growth initiatives.  I welcome her demonstrated leadership skills to help us grow to be the premier Korean American financial company.”

    Formerly, Ms. Lee was Chief Operating Officer and SEVP at BBCN Bank, and served as Acting President during a management transition.  Prior to the merger of equals with Center Financial Corporation, she served in various roles including Chief Credit Officer for the former Nara Bancorp.  Ms. Lee also served as Director and Regional President of the Western Region for Shinhan Bank America.  

    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. 

    Contact: 
    Hanmi Financial Corporation 
    Mark Yoon
    EVP & CFO
     213-427-5636

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



  • Aug 01, 2013 Hanmi Promotes Yoon, Lim and Kim to Executive Vice President

    Hanmi Promotes Yoon, Lim and Kim to Executive Vice President


    Executive Promotion


    LOS ANGELES – August 1, 2013 – Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank (the “Bank”), today announced that it has promoted three members of the Bank’s management team to executive vice president from senior vice president.  Shick “Mark” Yoon was promoted to executive vice president and continues to serve as Chief Financial Officer for both the Bank and Hanmi; Jean Lim was promoted to executive vice president and continues to serve as Chief Risk Officer for the Bank; and Greg Kim was promoted to executive vice president and continues to serve as Chief Administrative Officer for the Bank.

    “These executives have demonstrated the highest level of capabilities and strong loyalty to Hanmi,” said C. G. Kum, President and CEO.  “Their promotions are well deserved, and I’m looking forward to working with the entire executive team to further build our franchise.”



    EVP & CFO, Mark Yoon


    EVP & CRO, Jean Lim


    EVP &CAO, Greg Kim




    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.



    Contact:
    Hanmi Financial Corporation
    Mark Yoon
    EVP & CFO  
    213-427-5636


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




  • Jul 23, 2013 Hanmi Bank News Release :: Q2 Earnings Release

    Hanmi Bank News Release :: Q2 Earnings Release


    Hanmi Earns $9.5 Million in Second Quarter of 2013 with Pretax Income Up 78%Year-Over-Year and Net Interest Margin Increasing to 4.10%

    LOS ANGELES – July 23, 2013 – Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank (the “Bank”), today reported that pretax earnings improved 3.7% in the second quarter of 2013 and 78.4% for the year, reflecting solid loan growth, increasing core deposits, improving operating efficiencies and expanding net interest margin.  With provisioning at the full statutory tax rate, net income was $9.5 million, or $0.30 per diluted share, for the second quarter of 2013, compared to $10.1 million, or $0.32 per diluted share, for the first quarter of 2013.  In the second quarter of 2012, following a net tax benefit of $47.2 million resulting from the reversal of a $53.1 million deferred tax asset (“DTA”) valuation allowance, Hanmi earned $55.8 million, or $1.77 per diluted share.  In the second quarter of 2013, pretax income increased 78.4% to $15.3 million from $8.6 million in the second quarter of 2012, and was up 3.7% from $14.8 million in the first quarter of 2013.  Tangible book value increased 13.2% to $12.47 per share at June 30, 2013, compared to $11.02 at June 30, 2012.   

    In the first six months of 2013, net income was $19.6 million, or $0.62 per diluted share, compared to $63.1 million, or $2.00 per diluted share, in the first six months of 2012, which included the $47.2 million net tax benefit from the DTA valuation allowance reversal in the second quarter of 2012.  Pretax income increased 88.1% to $30.1 million in the first six months of 2013 from $16.0 million in the first six months of 2012.  

    “Our net interest margin jumped 24 basis points to 4.10% from the first quarter of 2013, reflecting on-going investment of funds into higher yielding loans and cost savings from the redemption of $80 million of trust preferred securities,” said C. G. Kum, President and Chief Executive Officer.  “As our organic growth initiatives continue to succeed in expanding our loan portfolio and putting our capital to work into more productive assets, we anticipate our profitability will remain strong.  We are also excited about our expansion efforts in the state of Texas, where our new loan production office will officially open in early August.” 

    “In the second quarter of 2013, provision for income taxes was up by 24.3%, resulting in an effective tax rate of 38%.  We currently project our annual effective tax rate will be between 38 to 39%.  The provision for income taxes in the first quarter of 2013 was reduced by a discrete deferred tax item,” said Mark Yoon, Senior Vice President and Chief Financial Officer.  “In addition, the sizable benefit generated from the DTA reversal had a significant impact on earnings in the second quarter of 2012.”

    To view the entire report, click here.



  • Jul 09, 2013 Hanmi Financial Announces 2Q13 Conference Call and Webcast

    Hanmi Financial Announces 2Q13 Conference Call and Webcast



    LOS ANGELES, CA – July 9, 2013 -- Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank, today announced that it will report second quarter 2013 financial results before the open of the stock market on Tuesday, July 23, 2013.  Management will host a conference call that same day, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the results.   

    Investment professionals and all current and prospective shareholders are invited to access the live call on July 23 by dialing 1-480-629-9645 before 1:30 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 .   

    Hanmi will hold its annual meeting of shareholders on Wednesday, July 24, 2013 at 10:30 a.m., Pacific Time.  The meeting will be held at the Oxford Palace Hotel, located at 745 S. Oxford Avenue, Los Angeles, California, 

    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 a loan production office in 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.  
     
     
    -0- 
     
    Note: Transmitted on Globe Newswire on July 9, 2013, at 1:05 p.m. Pacific Time.  


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

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



  • Jun 12, 2013 Photo Release- C. G. Kum Appointed President and Chief Executive Officer of Hanmi Financial Corp. as Jay S. Yoo Retires

    Photo Release- C. G. Kum Appointed President and Chief Executive Officer of Hanmi Financial Corp. as Jay S. Yoo Retires

    Company Release - 06/11/2013 16:16

    LOS ANGELES, June 11, 2013 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq:HAFC) ("Hanmi"), the holding company for Hanmi Bank (the "Bank"), today announced that Chong Guk (C. G.) Kum is joining Hanmi and the Bank as their new President and Chief Executive Officer. Mr. Kum's appointment follows the retirement of Jay S. Yoo. Mr. Yoo had served as Hanmi's President and Chief Executive Officer since 2008. Mr. Kum was formerly the President and Chief Executive Officer of First California Financial Group, Inc., the holding company of First California Bank.
     
    A photo accompanying this release is available here

    "On behalf of the board of directors, we are delighted to welcome C. G. Kum to take over the leadership of our company," said Joseph K. Rho, Chairman of the Board. "Mr. Kum is a well-respected banking executive in the financial community, and we believe his knowledge and exceptional experience in banking and finance will help us grow and transform our company and the Korean American banking space in the coming years."

    "Jay S. Yoo has served as our leader for the last five years, and we have benefitted greatly from his guidance and expertise," Mr. Rho continued. "Among other accomplishments, he collaborated on two important capital raises and our successful turnaround process, which included the lifting of all regulatory actions. We sincerely thank him for his service and wish him a long and enjoyable retirement."

    Prior to joining Hanmi and the Bank, Mr. Kum was the President and Chief Executive Officer of First California Financial Group, Inc. since 2007. He also served as the President and Chief Executive Officer of First California Bank (formerly known as Camarillo Community Bank) since 1999. Under his leadership, First California Bank grew from 2 branches and total assets of $100 million to 19 branches and $2.0 billion in total assets. Prior to that, Mr. Kum held management positions with banks in Colorado and California.

    Mr. Kum currently serves on the government relations council for the American Bankers Association and is a board member of the California Bankers Association and the Ventura County Council Boy Scouts of America. Mr. Kum is also a past president of the Board of Directors of Community Bankers of California. Mr. Kum is a graduate of the University of California at Berkeley, received his Masters Degree in Business Administration from Pepperdine University and is a graduate of the Stonier Graduate School of Banking.

    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 a loan production office in 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 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 regulatory orders we have entered into and 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 to receive regulatory approval for Hanmi Bank to declare dividends to Hanmi Financial; ability to identify a suitable strategic partner or to consummate a strategic transaction; 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.
    The photo is also available via AP PhotoExpress.


    CONTACT: Hanmi Financial Corporation
             Shick (Mark) Yoon
             SVP & Chief Financial Officer
             Direct Phone: 213-427-5636
             www.hanmi.com

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

  • Apr 16, 2013 Hanmi Bank Teams Up with Major League Baseball Players Shin-Soo Choo & Hyun-Jin Ryu as Marketing Spokespersons

    Hanmi Bank Teams Up with Major League Baseball Players Shin-Soo Choo & Hyun-Jin Ryu as Marketing Spokespersons

    LOS ANGELES - April 16, 2013 – Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank announced that Shin-Soo Choo of the Cincinnati Reds and Hyun-Jin Ryu of the Los Angeles Dodgers will serve as the bank’s marketing spokespersons.

    A press conference and signing ceremony was held at Garden Suite Hotel in Los Angeles to announce the agreement and introduce an outline of 2013 marketing plans, as well as a sneak preview of the new 2013 branding campaigns.

    Shin-Soo Choo renewed the contract for 2 more years, which was originally signed in 2011.  Hyun-Jin Ryu signed a 6-year contract to represent Hanmi, and he will serve as Hanmi’s marketing spokesperson while he plays for the LA Dodgers.  To increase the synergy between the two athletes, Hanmi will be actively engaging in marketing efforts to promote the two athletes.

    “Shin-Soo Choo has successfully represented Hanmi to build a positive image during the past two years,” said Jay S. Yoo, President and Chief Executive Officer.  “This image we have built will serve as a solid foundation for Hanmi’s future.  Furthermore, Ryu’s bold move to re-establish his career as a major league baseball player in Los Angeles, following his successful and flourishing career in Korea exemplifies our spirit of embracing new challenges and illustrates our dedication to growth.  I am looking forward to the success of these two athletes in our marketing campaign.”

    Additionally, Hanmi will donate $1,000 for every home-run and stolen bases that Choo achieves during each season to the Choo Foundation, a charity organization founded by Choo to help the disadvantaged.  Similarly, Hanmi will donate $100 for each strikeout during each season to the non-profit organization of Ryu’s choice.

    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 a loan production office in 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. Additional information is available at www.hanmi.com.

    Contact:

    Jenny Park

    FVP & Manager, Creative Strategy

    Direct Phone: 213-427-4255





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