Hanmi News

  • 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





  • Apr 08, 2013 Hanmi Financial Corporation Announces First Quarter 2013 Conference Call and Webcast

    Hanmi Financial Corporation Announces First Quarter 2013 Conference Call and Webcast


    LOS ANGELES, CA – April 8, 2013 -- Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank, today announced that it will report first quarter 2013 financial results before the open of the stock market on Thursday, April 25, 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 April 25 by dialing 1-480-629-9643 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.

    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.

    Contact:
    David Yang
    VP & Corporate Strategy Officer
    (213) 637-4798


    Media:
    Jenny Park 213-427-4255
    Katie Kwon 213-368-3237


  • Mar 14, 2013 Hanmi Bank ‘Lunch Serving for Senior Citizens’ at Ark of Noah Church

    Hanmi Bank ‘Lunch Serving for Senior Citizens’ at Ark of Noah Church

    Hanmi Bank ‘Lunch Serving for Senior Citizens’ at Ark of Noah Church

    Made possible by proceeds from Hanmi Bank First President’s Art Gallery

    Hanmi Bank (President & CEO Jay S. Yoo) has put together helping hands to boost the spirits of local senior citizens through a warm lunch service.  The Ark of Noah Church in Koreatown, Los Angeles organizes a lunch serving event for senior citizens every second Thursday of the month, attracting around 200 seniors per event.  This particular month’s event has specially been made possible by a portion of the proceeds from Hanmi Bank's First President Won-Hoon Chung’s Art Gallery, which took place back in December of 2012.  First President Chung also made a special appearance to greet the elders before the meal.

    The Hanmi Neighbor Volunteer Service Program was launched in March of last year and has made efforts to provide 4-6 volunteers every month to the Ark of Noah Church.  For this month’s event, around 10 volunteers made their way to the church to offer community service.  Hanmi Neighbor VSP started with the notion to express Hanmi Bank’s appreciation for the love and support it has received from the community.   Until now, approximately 250 employee participants have given a total of 2,400 hours of community service at non-profit organizations.





    Click photos to enlarge.

  • Mar 01, 2013 Hanmi Financial to Participate in the Sandler O'Neill 2013 West Coast Financial Services Conference

    Hanmi Financial to Participate in the Sandler O'Neill 2013 West Coast Financial Services Conference

    CONTACT:
    Mark Yoon
    SVP, Interim Chief Financial Officer & Chief Strategy Officer
    (213) 427-5636


    COMPANY NEWS RELEASE

    Hanmi Financial to Participate in the Sandler O'Neill 2013 West Coast Financial Services Conference

    LOS ANGELES – March 1, 2013 – Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank , today announced that members of its senior management team will be participating in the Sandler O'Neill 2013 West Coast Financial Services Conference on March 5, 2013 in Marina del Rey, California.

    Jay S. Yoo, President and Chief Executive Officer and Mark Yoon, Senior Vice President, Interim Chief Financial Officer and Chief Strategy Officer, will be available to meet with institutional investors at the conference.

    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.

    Source: Hanmi Financial Corporation

  • Feb 11, 2013 Hanmi Bank’s Silicon Valley Branch Celebrates 10th Anniversary

    Hanmi Bank’s Silicon Valley Branch Celebrates 10th Anniversary


    On February 11th, Hanmi Bank celebrated its 10th anniversary with the Bank’s President, branch employees and principal customers of the branch.  After opening its door to the local businesses and residents in 2003, the branch was profitable merely after 1 year since inception, and has well positioned Hanmi Bank in the Northern California region during the 10 year period.     

    Special appreciation plaques, bouquets and gifts were presented to the loyal customers and employees by Mr. Jay S. Yoo, President & CEO of Hanmi Bank.  During the ceremony, Mr. Yoo stated, "Silicon Valley Branch along with our San Francisco Branch are strategically important network of branches which will help us to expand beyond our community.  I would like to thank our loyal customers who helped this branch to continuously grow during the past 10 years.” 

    To further celebrate the day, all customers visiting the branch received a hand towel in appreciation of their support. 

    Contact:  Jenny Park, Senior Creative Officer (213-427-4255)   

  • Feb 05, 2013 Shin-Soo Choo Fan Signing Event at Hanmi Bank

    Shin-Soo Choo Fan Signing Event at Hanmi Bank


    Meet Shin-Soo Choo, the Best Korean Major League Baseball Player at Hanmi’s Irvine Branch

    On February 9th (Saturday), Hanmi Bank will be holding a Fan Signing Event by Shin-Soo Choo, a major league baseball player for the Cincinnati Reds.    

    As part of an ongoing fan service, Hanmi Bank will hold the signing event at its Irvine Branch.  Choo has a sponsor agreement with Hanmi Bank since 2011 and has been holding two signing events every year.  The event will be held from 10:30 a.m. to 11:30 a.m.  During the event, two uniforms and signed baseballs will be presented to fans through a drawing.

    On the same day afternoon, Choo will also hold a baseball clinic starting at 1 pm at the George Field (7171 8th Street, Buena Park, CA 90621). 

    Details are as follows:

    Shin-Soo Choo Fan Signing Event

    • Place:                           Hanmi Bank Irvine Branch

    14474 Culver Dr., Ste D

    Irvine, CA 92604

    949-262-2500

     

    • Date & Time:             February 9th, 2013 (Saturday) 

    10:30 a.m. ~ 11:30 a.m.

     

    Shin-Soo Choo Baseball Clinic:

    • Place:                           George Bellis Field

    7171 8th St. Buena Park, CA 90621

     

    • Date & Time:             February 9th, 2013 (Saturday) 

    1 p.m. ~ 2 p.m.

     

     

    Contact: 

     

                Jenny Park, Sr. Creative Strategy Officer (213-427-4255)

                Katie Kwon, Creative Strategy Officer (213-368-3237)

     

     

     

  • Feb 05, 2013 Hanmi Neighbor Joins the Korean-American Federation of Los Angeles and the Foodbank of Southern California for a Special Food Drive Event

    Hanmi Neighbor Joins the Korean-American Federation of Los Angeles and the Foodbank of Southern California for a Special Food Drive Event

    Hanmi Neighbor Joins the Korean-American Federation of Los Angeles and the Foodbank of Southern California for a Special Food Drive Event

    Co-sponsored by Several Korean Corporations, including Hanmi Bank, Nongshim USA, Daesang America and Haitai America

    In celebration of the Lunar New Year, Hanmi Bank will join forces with the Korean-American Federation of Los Angeles, the Foodbank of Southern California and several Korean corporations to host the Share the Love Food Drive Event.  The Foodbank event will be held on February 8th (Friday) from 10 a.m. to 12 p.m. at the front-entrance area of the Korean-American Federation of Los Angeles Office. 

    Notably, in addition to the regularly donated food items, Hanmi Bank will donate reusable grocery bags and traditional Korean rice cakes; Chung Jung Won (Daesang America) will donate olive oil-based dried seaweed; Nongshim America will donate 2 kinds of ramen noodles; Haitai America will donate rice and various snacks, thus distributing a variety of food items at the event.

    Ever since its inception back in 2010, the purpose of the event was to offer free food items on a bi-weekly basis, to the low-income families and senior citizens in the Korean Community who were affected by the financial crisis.  With about 100 to 150 community members receiving help per event, a total of 10,000 people have been beneficiaries of this event. 

    After launching the Hanmi Neighbor Volunteer Program back in March of 2012, about four to six Hanmi Bank employees volunteered at every event.  At the upcoming event, Mr. Jay S. Yoo (CEO & President of Hanmi Bank) and Hanmi employees will again be attending the food donation event as volunteers.  ‘The Hanmi Neighbor Volunteer Service Program’ was launched so Hanmi Bank can return the care received from its customers and the community during the difficult times for the bank.  Over the past nine months, about 240 employees helped non-profit organizations as volunteers for a total of 2,300 hours. 

    About 300 food items will be distributed during the next event.    

    Event details are as follows: 

     

    Food Drive Event by Korean-American Federation of LA & Foodbank of Southern California

     

    Date:                                      February 8th, 2013 (Friday)

    Time:                                     10 a.m. ~ 12 p.m.

    Place:                                     Korean-American Federation of LA Building

     

    Special Sponsor:                   Hanmi Bank

                                                              Nongshim America

                                                              Daesang America (Chung Jung Won)

                                                              Haitai America

     

  • Jan 30, 2013 Hanmi Bank Introduces a New “Temporary Debit Card”

    Hanmi Bank Introduces a New “Temporary Debit Card”

    Hanmi Bank has introduced a “temporary debit card” in efforts to alleviate previous inconveniences customers have experienced with their cards. Specially designed for customers when having experienced loss or theft, this service has been implemented since December 2012. 

    In the past, customers have had to accommodate living without a card while waiting for their replacements for even up to two weeks at a time.  Now, a temporary debit card can be received at the bank as quick as the next day.  Hanmi Bank is the first of any Korean American bank to offer this service.

    Greg Kim, Chief Administrative Officer of Hanmi Bank, states, “Because it took so long for new cards to be processed, there have been some complaints.  I believe this can relieve our customers of any previous difficulties.”

    For more information or questions regarding the temporary debit card, please contact any local Hanmi Bank or our general number: (213) 382-2200.

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