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Hanmi's Earnings Up 7.7% in the Third Quarter With Net Interest Margin Expanding to 4.28%

Hanmi's Earnings Up 7.7% in the Third Quarter With Net Interest Margin
Expanding to 4.28%

LOS ANGELES, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation
(Nasdaq:HAFC), the holding company for Hanmi Bank (the "Bank"), today reported
that improving operating efficiencies and expanding net interest margin
generated a 7.7% increase in net income during the third quarter of 2013.
Third quarter net income grew to $10.3 million, or $0.32 per diluted share,
compared to $9.5 million, or $0.30 per diluted share, for the second quarter
this year. Pretax income improved 9.7% to $16.8 million in the third quarter
of 2013 from $15.3 million in the second quarter of 2013. In the third quarter
of 2012, following a net tax benefit of $644,000 resulting from the reversal
of a deferred tax asset ("DTA") valuation allowance, Hanmi earned $13.3
million, or $0.42 per diluted share.

In the first nine months of 2013, net income was $30.0 million, or $0.94 per
diluted share, compared to $76.4 million, or $2.42 per diluted share, in the
first nine months a year ago, which included the $47.7 million net tax benefit
from the DTA valuation allowance reversal. Year-to-date pretax income grew
63.9% to $47.0 million from $28.7 million for the first nine months of 2012.

"We continue to make progress implementing our strategic plan to build a
premier business bank serving the Korean American community. To build
competitive advantage and ultimately achieve this vision, we will continue to
invest in technology, infrastructure and talented bankers," said C. G. Kum,
President and Chief Executive Officer. "We recently launched our new Corporate
Banking Center and hired four of the top lenders in our market to increase our
lending capacity, particularly for commercial and industrial loans. Our
skilled and dedicated lending team continues to build an impressive pipeline
of new loans. We are also strengthening our cash management offerings for
business customers with the addition of an experienced banker who will manage
the newly created Cash Management department. Hanmi will be the only Korean
American bank to actively market a full complement of cash management products
and services to deepen our customer relationships and to generate core
deposits."

Third Quarter Results                                          
(In thousands, except per share data)                          
                                                              
                                     As ofor for the Three Months Ended
                                     September 30, June 30,     September 30,
                                     2013          2013         2012
                                                              
Net income                            $10,250     $9,519     $13,279
Net income per diluted common share   $0.32       $0.30      $0.42
                                                              
Total assets                          $2,845,137  $2,773,414 $2,841,857
Loans receivable, net                 $2,102,621  $2,128,208 $1,892,813
Total deposits                        $2,429,707  $2,361,913 $2,363,385
                                                              
Return on average assets              1.46%         1.37%        1.87%
Return on average stockholders'       10.29%        9.70%        14.97%
equity
Net interest margin                   4.28%         4.10%        3.69%
Efficiency ratio                      52.98%        56.55%       59.81%
                                                              
Tangible common equity to tangible    13.95%        14.22%       12.77%
assets
Tangible common equity per common     $12.49      $12.47     $11.52
share
                                                              

Financial Highlights (at or for the period ended September 30, 2013 compared
to June 30, 2013 or September 30, 2012)

  *Third quarter net income was $10.3 million, or $0.32 per diluted share,
    compared to $9.5 million, or $0.30 per diluted share, in the second
    quarter of 2013.
  *Net interest margin ("NIM") increased 18 basis points to 4.28%, from 4.10%
    in the second quarter of 2013, and increased 59 basis points from 3.69% in
    the third quarter of 2012.
  *Efficiency ratio continued to improve to 52.98% for this quarter from
    56.55% for the second quarter of 2013 and 59.81% for the same quarter a
    year ago.
  *New loan production totaled $136.0 million, mainly consisting of $84.6
    million of commercial real estate loans, $22.8 million of commercial and
    industrial ("C&I") loans, and $27.9 million of Small Business
    Administration ("SBA") loans.
  *C&I lending almost doubled to $22.8 million in the third quarter of 2013,
    compared to $11.9 million in the preceding quarter.
  *Average gross loans were up 11.7% year-over-year.
  *Asset quality improved, with non-performing assets declining to 0.81% of
    total assets.
  *A cash dividend of $0.07 per share of common stock was paid on September
    17, 2013.

Results of Operations

Third quarter net interest income, before provision for credit losses,
increased 4.9% to $28.5 million, from $27.2 million for the second quarter of
2013, and was up 14.3% from $24.9 million for the third quarter of 2012.
Interest and dividend income increased 4.1% from the preceding quarter and
7.6% from the third quarter a year ago, while interest expense decreased 2.2%
and 29.7% from the preceding and year ago quarters, respectively.
Year-to-date, net interest income before provision for credit losses, improved
8.9% to $81.2 million compared to $74.6 million for the first nine months of
2012.

"Our net interest margin continued to expand, growing 59 basis points to 4.28%
in the third quarter of 2013 compared to the third quarter a year ago. The
elimination of interest payments on trust preferred securities that were paid
off earlier in the year, as well as solid yields on loans and stable costs on
deposits contributed to margin expansion in both the quarter and year-to-date
results," said Mark Yoon, Executive Vice President and Chief Financial
Officer. For the first nine months of 2013, NIM increased to 4.08% from 3.74%
for the first nine months of 2012. The following table details the asset
yields, liability costs, spread and margin. 

                                                              
                     Three Months Ended             Nine Months Ended
                     September    June    September   September   September
                      30,          30,     30,         30,         30,
                     2013         2013    2012        2013        2012
                                                              
Interest-earning      4.75%        4.59%   4.35%       4.59%       4.49%
assets
Interest-bearing      0.77%        0.78%   1.01%       0.81%       1.14%
liabilities
Net interest spread   3.98%        3.81%   3.34%       3.78%       3.35%
Net interest margin   4.28%        4.10%   3.69%       4.08%       3.74%
                                                              

Hanmi is benefitting from the continuing improvement in the credit performance
of its loan portfolio.Net charge-offs for the third quarter of 2013 were $2.2
million compared to $5.9 million in the third quarter of 2012. The
improvement in our asset quality metrics when applied in our allowance for
loan losses methodology resulted in an allowance of $57.6 million, which is a
coverage ratio of 2.67% of gross loans and 253.07% of non-performing loans
("NPLs") as of September 30, 2013, compared to 2.88% of gross loans and
186.03% of NPLs as of December 31, 2012. There was no provision for loan
losses for the three and nine months ended September 30, 2013.

For the first nine months of 2013, net interest income after provision for
credit losses increased 18.4% to $81.2 million, compared to $68.6 million,
which included a $6.0 million provision for credit losses, for the first nine
months of 2012.

Non-interest income in the third quarter of 2013 was $7.3 million, compared to
$8.2 million in the preceding quarter.The modest decline reflects lower gains
from selling SBA loans.For the first nine months of 2013, non-interest income
increased 37.4% to $23.8 million from $17.3 million for the like period a year
ago, reflecting a significant reduction in losses from selling NPLs, partially
offset by lower gains from selling SBA loans and investment securities. 

Non-interest expense fell 5.0% to $19.0 million in the third quarter of 2013,
compared to $20.0 million in the second quarter of 2013, and was up 0.9% from
$18.8 million in the third quarter a year ago.For the first nine months of
2013, non-interest expense increased 1.4% to $58.1 million, compared to $57.3
million for the first nine months last year."With the addition of new
personnel, compensation cost increased 5.4% in the quarter and 8.5% from the
third quarter a year ago," said Yoon."Professional fees were down in the
third quarter of 2013, due primarily to lower legal expenses incurred in
defending lawsuits in the ordinary course of business, as well as lower
professional and legal expenses related to strategic reviews. The decline in
legal expenses was mainly a result of not incurring further costs in
connection with a lawsuit we prevailed on in the prior quarter and the
reimbursement of $634,000 from our insurance company for legal expenses
incurred for another lawsuit."

Balance Sheet

Assets totaled $2.85 billion at September 30, 2013, up from $2.77 billion at
three months earlier and from $2.84 billion a year ago.With loan pay-offs
and growing retail deposits this quarter, cash and cash equivalents were
$193.9 million, up 149.0% from the second quarter of 2013 and down 35.9% from
a year ago.

Excluding loans held for sale, loans receivable decreased 1.2% in the quarter
and increased 11.1% year-over-year to $2.10 billion at September 30, 2013,
from $2.13 billion at June 30, 2013, and $1.89 billion a year ago.Loans held
for sale totaled $5.2 million at September 30, 2013, compared to $2.6 million
at June 30, 2013 and $10.7 million at September 30, 2012.Average gross loans,
net of deferred loan fees, increased to $2.19 billion for the third quarter of
2013, up from $2.17 billion for the preceding quarter and $1.96 billion for
the third quarter a year ago.

Average deposits were $2.38 billion, up slightly from $2.37 billion for the
preceding quarter and $2.36 billion for the third quarter of 2012.The overall
mix of funding continued to improve with core deposits increasing.The deposit
mix is detailed in the table below.

                                                           
                                      September 30, June 30, September 30,
                                      2013          2013     2012
                                                           
Demand-noninterest-bearing             32.0%         31.1%    29.4%
Savings                                4.7%          4.9%     4.7%
Money market checking and NOW accounts 22.2%         24.4%    23.9%
Time deposits of $100,000 or more      20.3%         23.9%    26.9%
Other time deposits                    20.8%         15.7%    15.1%
Total deposits                         100.0%        100.0%   100.0%
                                                           

At September 30, 2013, stockholders' equity was $398.0 million. Tangible
common stockholders' equity was $396.7 million, or 13.95% of tangible assets,
compared to $362.6 million, or 12.77% of tangible assets, a year ago.Tangible
book value per share was $12.49, up from $12.47 three months earlier and
$11.52 at September 30, 2012. Hanmi paid a cash dividend of $0.07 per share,
representing an aggregate dividend of $2.2 million, on September 17, 2013. In
addition, volatility in interest rates and the resulting impact on the value
of the securities portfolio reduced the accumulated other comprehensive income
component of shareholders' equity.

Asset Quality

NPLs were down 18.6% to $22.8 million for the third quarter of 2013 and 49.1%
year-over year, reflecting the continuing improvement in the economy and
active management of delinquent accounts.Troubled debt restructurings
("TDRs") totaled $28.0 million at September 30, 2013, down from $29.0 million
at June 30, 2013 and $38.0 million at September 30, 2012. Of these TDRs,
$10.2 million were included in NPLs.The following table shows NPLs in each
category:

                                                                 
                       September 30, 2013 June 30, 2013    September 30, 2012
                                 % of             % of             % of
                                   Total             Total             Total
                       Amount   NPLs    Amount  NPLs   Amount   NPLs
                                        (In thousands)           
Real estate loans:                                                
Commercial property                                               
Retail                  $768     3.4%    $--     0.0%   $1,102   2.5%
Land                    --        0.0%    1,612    5.8%   2,037     4.6%
Construction            --        0.0%    --       0.0%   7,868     17.6%
Residential property    1,659     7.3%    1,620    5.8%   1,411     3.2%
Commercial & industrial                                           
loans:
Commercial term loans                                             
Unsecured               2,490     10.9%   6,209    22.2%  8,106     18.1%
Secured by real estate  5,591     24.5%   5,389    19.3%  8,418     18.8%
Commercial lines of     830       3.6%    1,052    3.8%   1,359     3.0%
credit
SBA                     9,959     43.7%   10,596   37.9%  13,048    29.2%
Consumer loans          1,479     6.5%    1,497    5.4%   1,343     3.0%
Total non-performing    $22,776  100.0%  $27,975 100.0% $44,692  100.0%
loans
                                                                 

Asset quality continues to improve in all major aspects, and there were no
sales of problem loans in the third quarter. Losses associated with our loan
sales strategy were just $557,000 year to date, compared to $8.2 million in
the first nine months of 2012.Classified loans were $83.7 million, or 3.9% of
gross loans, at September 30, 2013, down from $89.6 million, or 4.1%, at June
30, 2013, and from $130.9 million, or 6.7%, a year ago. 

Conference Call

Management will host a conference call today, October 22, 2013, at 1:30 p.m.
Pacific Time (4:30 p.m. ET) to discuss these results. This call will also be
broadcast live via the internet.Investment professionals and all current and
prospective stockholders are invited to access the live call by dialing
1-480-629-9723 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 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 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.

                                                                 
Hanmi Financial
Corporation and                                                   
Subsidiaries
Consolidated
Balance Sheets                                                    
(Unaudited)
(In thousands)                                                    
                                                                 
                   September    June 30,     Percentage September    Percentage
                    30,                                  30,
                   2013         2013         Change     2012         Change
Assets                                                            
Cash and due from   $78,810    $72,429    8.8%       $72,053    9.4%
banks
Interest-bearing
deposits in other   115,044     5,431       2018.3%    217,375     -47.1%
banks
Federal funds sold  --          --          0.0%       13,000      -100.0%
Cash and cash       193,854     77,860      149.0%     302,428     -35.9%
equivalents
Restricted cash     --          --          0.0%       4,393       -100.0%
Term federal funds  --          --          0.0%       55,000      -100.0%
sold
Securities
available for sale, 383,057     400,815     -4.4%      410,210     -6.6%
at fair value
Loans held for
sale, at the lower  5,228       2,553       104.8%     10,736      -51.3%
of cost or fair
value
Loans receivable,
net of allowance    2,102,621   2,128,208   -1.2%      1,892,813   11.1%
for loan losses
Accrued interest    6,957       7,441       -6.5%      7,467       -6.8%
receivable
Premises and        14,205      14,463      -1.8%      15,412      -7.8%
equipment, net
Other real estate   290         900         -67.8%     364         -20.3%
owned, net
Customers'
liability on        1,535       1,372       11.9%      2,157       -28.8%
acceptances
Servicing assets    6,385       6,383       0.0%       5,148       24.0%
Other intangible    1,212       1,253       -3.3%      1,376       -11.9%
assets, net
Investment in
federal home loan   14,060      14,197      -1.0%      19,621      -28.3%
bank stock, at cost
Investment in
federal reserve     13,200      13,200      0.0%       10,261      28.6%
bank stock, at cost
Income tax asset    61,747      63,783      -3.2%      60,515      2.0%
Bank-owned life     29,468      29,517      -0.2%      28,816      2.3%
insurance
Prepaid expenses    1,986       2,572       -22.8%     2,239       -11.3%
Other assets        9,332       8,897       4.9%       12,901      -27.7%
Total assets        $2,845,137 $2,773,414 2.6%       $2,841,857 0.1%
                                                                 
Liabilities and
Stockholders'                                                     
Equity
Liabilities:                                                      
Deposits:                                                         
Noninterest-bearing $778,345   $736,470   5.7%       $694,345   12.1%
Interest-bearing    1,651,362   1,625,443   1.6%       1,669,040   -1.1%
Total deposits      2,429,707   2,361,913   2.9%       2,363,385   2.8%
Accrued interest    2,705       2,570       5.3%       15,266      -82.3%
payable
Bank's liability on 1,535       1,372       11.9%      2,157       -28.8%
acceptances
Federal home loan   2,645       2,743       -3.6%      3,029       -12.7%
bank advances
Junior subordinated --          --         0.0%       82,406      -100.0%
debentures
Accrued expenses
and other           10,589      9,420       12.4%      11,627      -8.9%
liabilities
Total liabilities   2,447,181   2,378,018   2.9%       2,477,870   -1.2%
                                                                 
Stockholders'                                                     
equity:
Common stock        257         257         0.0%       257         0.0%
Additional paid-in  551,881     551,253     0.1%       549,722     0.4%
capital
Accumulated other
comprehensive       (4,469)     1,634       -373.5%    5,364       -183.3%
income
Accumulated deficit (79,855)    (87,890)    -9.1%      (121,498)   -34.3%
Less treasury stock (69,858)    (69,858)    0.0%       (69,858)    0.0%
Total stockholders' 397,956     395,396     0.6%       363,987     9.3%
equity
Total liabilities
and stockholders'   $2,845,137 $2,773,414 2.6%       $2,841,857 0.1%
equity
                                                                 

                                                               
Hanmi Financial
Corporation and                                                 
Subsidiaries
Consolidated
Statements of                                                   
Operations
(Unaudited)
(In thousands,
except share and per                                            
share data)
                                                               
                    Three Months Ended
                    September   June 30,    Percentage September   Percentage
                     30,                                30,
                    2013        2013        Change     2012        Change
Interest and                                                    
Dividend Income:
Interest and fees on $29,098   $27,839   4.5%       $26,781   8.7%
loans
Taxable interest on
investment           2,040      2,100      -2.9%      1,992      2.4%
securities
Tax-exempt interest
on investment        69         73         -5.5%      98         -29.6%
securities
Interest on term     --         --         0.0%       191        -100.0%
federal funds sold
Interest on federal  --         --         0.0%       20         -100.0%
funds sold
Interest on
interest-bearing     28         24         16.7%      142        -80.3%
deposits in other
banks
Dividends on federal 198        196        1.0%       154        28.6%
reserve bank stock
Dividends on federal 194        147        32.0%      24         708.3%
home loan bank stock
Total interest and   31,627     30,379     4.1%       29,402     7.6%
dividend income
Interest Expense:                          0.0%                  
Interest on deposits 3,117      3,100      0.5%       3,639      -14.3%
Interest on federal
home loan bank       36         41         -12.2%     40         -10.0%
advances
Interest on junior
subordinated         --         84         -100.0%    804        -100.0%
debentures
Total interest       3,153      3,225      -2.2%      4,483      -29.7%
expense
Net interest income
before provision for 28,474     27,154     4.9%       24,919     14.3%
credit losses
Provision for credit --         --         0.0%       --        0.0%
losses
Net interest income
after provision for  28,474     27,154     4.9%       24,919     14.3%
credit losses
Non-Interest Income:                       0.0%                  0.0%
Service charges on   2,730      2,884      -5.3%      2,851      -4.2%
deposit accounts
Insurance            1,273      1,418      -10.2%     1,092      16.6%
commissions
Trade finance &
other service        1,078      1,152      -6.4%      1,111      -3.0%
charges and fees
Bank-owned life      230        233        -1.3%      235        -2.1%
insurance income
Gain on sales of SBA
loans guaranteed     994        2,378      -58.2%     1,772      -43.9%
portion
Net loss on sales of --         (460)      -100.0%    (515)      -100.0%
other loans
Net gain on sales of
investment           611        303        101.7%     10         6010.0%
securities
Other-than-temporary
impairment loss on   --         --         0.0%       (176)      -100.0%
investment
securities
Other operating      410        242        69.4%      140        192.9%
income
Total non-interest   7,326      8,150      -10.1%     6,520      12.4%
income
Non-Interest                                                    
Expense:
Salaries and         9,926      9,415      5.4%       9,148      8.5%
employee benefits
Occupancy and        2,634      2,555      3.1%       2,623      0.4%
equipment
Deposit insurance
premiums and         308        517        -40.4%     283        8.8%
regulatory
assessments
Data processing      1,158      1,142      1.4%       1,211      -4.4%
Other real estate    (59)       (20)       195.0%     352        -116.8%
owned expense
Professional fees    907        2,365      -61.6%     1,112      -18.4%
Directors and
officers liability   219        219        0.0%       296        -26.0%
insurance
Supplies and         562        630        -10.8%     669        -16.0%
communications
Advertising and      1,140      1,005      13.4%      1,023      11.4%
promotion
Loan-related expense 91         91         0.0%       164        -44.5%
Amortization of
other intangible     41         41         0.0%       41         0.0%
assets
Other operating      2,039      2,004      1.7%       1,882      8.3%
expenses
Total non-interest   18,966     19,964     -5.0%      18,804     0.9%
expense
Income before
provision for income 16,834     15,340     9.7%       12,635     33.2%
taxes
Provision (benefit)  6,584      5,821      13.1%      (644)      -1122.4%
for income taxes
Net income           $10,250   $9,519    7.7%       $13,279   -22.8%
                                                               
Earnings per share:                                             
Basic                $0.32     $0.30               $0.42     
Diluted              $0.32     $0.30               $0.42     
Weighted-average                                                
shares outstanding:
Basic                31,621,049 31,590,760           31,475,976 
Diluted              31,733,004 31,655,988           31,545,111 
Common shares        31,754,115 31,604,837           31,489,201 
outstanding
                                                               

                                                                 
Hanmi Financial Corporation and                                   
Subsidiaries
Consolidated Statements of Operations,                            
Continued (Unaudited)
(In thousands, except per share data)                             
                                                                 
                                       Nine Months Ended
                                       September 30, September 30, Percentage
                                       2013          2012          Change
Interest and Dividend Income:                                     
Interest and fees on loans              $83,736     $81,564     2.7%
Taxable interest on investment          6,256        6,280        -0.4%
securities
Tax-exempt interest on investment       237          299          -20.7%
securities
Interest on term federal funds sold     --           684          -100.0%
Interest on federal funds sold          6            53           -88.7%
Interest on interest-bearing deposits   140          269          -48.0%
in other banks
Dividends on federal reserve bank stock 577          430          34.2%
Dividends on federal home loan bank     449          82           447.6%
stock
Total Interest and Dividend Income      91,401       89,661       1.9%
Interest Expense:                                                 
Interest on deposits                    9,376        12,511       -25.1%
Interest on federal home loan bank      115          126          -8.7%
advances
Interest on junior subordinated         678          2,400        -71.8%
debentures
Total interest expense                  10,169       15,037       -32.4%
Net interest income before provision    81,232       74,624       8.9%
for credit losses
Provision for credit losses             --           6,000        -100.0%
Net interest income after provision for 81,232       68,624       18.4%
credit losses
Non-Interest Income:                                              
Service charges on deposit accounts     8,662        8,955        -3.3%
Insurance commissions                   3,904        3,622        7.8%
Trade finance & other service charges   3,402        3,380        0.7%
and fees
Bank-owned life insurance income        693          872          -20.5%
Gain on sales of SBA loans guaranteed   6,064        7,245        -16.3%
portion
Net loss on sales of other loans        (557)        (8,234)      -93.2%
Net gain on sales of investment         923          1,392        -33.7%
securities
Other-than-temporary impairment loss on --           (292)        -100.0%
investment securities
Other operating income                  742          402          84.6%
Total non-interest income               23,833       17,342       37.4%
Non-Interest Expense:                                             
Salaries and employee benefits          28,692       27,707       3.6%
Occupancy and equipment                 7,745        7,839        -1.2%
Deposit insurance premiums and          1,059        3,182        -66.7%
regulatory assessments
Data processing                         3,470        3,762        -7.8%
Other real estate owned expense         (47)         377          -112.5%
Professional fees                       5,428        2,950        84.0%
Directors and officers liability        658          888          -25.9%
insurance
Supplies and communications             1,687        1,803        -6.4%
Advertising and promotion               2,817        2,633        7.0%
Loan-related expense                    328          452          -27.4%
Amortization of other intangible assets 123          157          -21.7%
Other operating expenses                6,137        5,563        10.3%
Total non-interest expense              58,097       57,313       1.4%
Income before provision for income      46,968       28,653       63.9%
taxes
Provision (benefit) for income taxes    17,089       (47,742)     -135.8%
Net income                              $29,879     $76,395     -60.9%
                                                                 
Earnings per share:                                               
Basic                                   $0.95       $2.43       
Diluted                                 $0.94       $2.42       
Weighted-average shares outstanding:                              
Basic                                   31,583,897   31,474,042   
Diluted                                 31,652,795   31,506,767   
Common shares outstanding               31,754,115   31,489,201   
                                                                 

                                                              
Hanmi Financial Corporation and                                
Subsidiaries
Selected Financial Data                                        
(Unaudited)
(In thousands)                                                 
                                                              
                               As of or for the Three Months Ended
                               September 30,    June 30,        September 30,
                               2013             2013            2012
Average balances:                                              
Average gross loans, net of     $2,186,884     $2,165,741    $1,958,819
deferred loan fees ^(1)
Average investment securities   385,961         423,562        386,513
Average interest-earning assets 2,644,844       2,657,629      2,694,571
Average total assets            2,789,741       2,793,505      2,829,778
Average deposits                2,374,847       2,365,887      2,361,534
Average borrowings              5,587           19,154         85,482
Average interest-bearing        1,630,637       1,663,951      1,766,709
liabilities
Average stockholders' equity    395,274         393,741        352,980
Average tangible equity         394,035         392,461        351,577
                                                              
Performance ratios:                                            
Return on average assets ^ (2)  1.46%            1.37%           1.87%
Return on average stockholders' 10.29%           9.70%           14.97%
equity ^(2)
Return on average tangible      10.32%           9.73%           15.03%
equity ^(2)
Efficiency ratio                52.98%           56.55%          59.81%
Net interest spread ^(2), (3)   3.98%            3.81%           3.34%
Net interest margin ^ (2), (3)  4.28%            4.10%           3.69%
                                                              
Allowance for loan losses:                                     
Balance at beginning of period  $59,876        $61,191       $71,893
Provision charged to operating  (10)            308            117
expense
Charge-offs, net of recoveries  (2,227)         (1,623)        (5,903)
Balance at end of period        $57,639        $59,876       $66,107
                                                              
Asset quality ratios:                                          
Net loan charge-offs to average 0.41%            0.30%           1.21%
gross loans ^(2)
Allowance for loan losses to    2.67%            2.74%           3.38%
gross loans
Allowance for loan losses to    253.07%          214.03%         147.92%
non-performing loans
Non-performing assets to total  0.81%            1.04%           1.59%
assets
Non-performing loans to gross   1.05%            1.28%           2.28%
loans
Non-performing assets to        40.02%           48.22%          68.16%
allowance for loan losses
                                                              
Allowance for off-balance sheet                                
items:
Balance at beginning of period  $1,320         $1,628        $2,348
Provision charged to operating  10              (308)          (117)
expense
Balance at end of period        $1,330         $1,320        $2,231
                                                              
Non-performing assets:                                         
Non-accrual loans               $22,776        $27,975       $44,692
Loans 90 days or more past due  --              --             --
and still accruing
Non-performing loans            22,776          27,975         44,692
Other real estate owned, net    290             900            364
Non-performing assets           23,066          28,875         45,056
Non-performing loans in loans   --              2,553          4,421
held for sale
Non-performing assets           $23,066        $31,428       $49,477
(including loans held for sale)
                                                              
Delinquent loans (30 to 89 days $6,756         $2,565        $4,005
past due and still accruing)
                                                              
Delinquent loans to gross loans 0.31%            0.12%           0.20%
                                                              
(1) Included loans held for                                    
sale
(2) Annualized                                                 
(3) Amounts calculated on a fully taxable equivalent basis using 
the current statutory federal tax rate
                                                              

                                                              
Hanmi Financial Corporation and                                
Subsidiaries
Selected Financial Data, Continued                             
(Unaudited)
(In thousands)                                                 
                                                              
                                     As of or for the Three Months Ended
                                     September 30, June 30,     September 30,
                                     2013          2013         2012
Loan portfolio:                                                
Real estate loans                     $887,576    $887,782   $736,287
Residential loans                     82,519       88,654      103,774
Commercial and industrial loans       1,155,111    1,175,573   1,079,814
Consumer loans                        34,065       35,380      38,415
Gross loans                           2,159,271    2,187,389   1,958,290
Deferred loan fees                    989          695         630
Gross loans, net of deferred loan     2,160,260    2,188,084   1,958,920
fees
Allowance for loan losses             (57,639)     (59,876)    (66,107)
Loans receivable, net                 2,102,621    2,128,208   1,892,813
Loans held for sale, at the lower of  5,228        2,553       10,736
cost or fair value
Total loans receivable, net           $2,107,849  $2,130,761 $1,903,549
                                                              
Loan mix:                                                      
Real estate loans                     41.1%         40.6%        37.6%
Residential loans                     3.8%          4.1%         5.3%
Commercial and industrial loans       53.5%         53.7%        55.1%
Consumer loans                        1.6%          1.6%         2.0%
Total loans                           100.0%        100.0%       100.0%
                                                              
Deposit portfolio:                                             
Demand-noninterest-bearing            $778,345    $736,470   $694,345
Savings                               113,892      115,318     111,654
Money market checking and NOW         539,130      575,471     563,785
accounts
Time deposits of $100,000 or more     493,532      564,079     635,802
Other time deposits                   504,808      370,575     357,799
Total deposits                        $2,429,707  $2,361,913 $2,363,385
                                                              
Deposit mix:                                                   
Demand-noninterest-bearing            32.0%         31.1%        29.4%
Savings                               4.7%          4.9%         4.7%
Money market checking and NOW         22.2%         24.4%        23.9%
accounts
Time deposits of $100,000 or more     20.3%         23.9%        26.9%
Other time deposits                   20.8%         15.7%        15.1%
Total deposits                        100.0%        100.0%       100.0%
                                                              
Capital ratios:                                                
Hanmi Financial                                                
Total risk-based capital ratio        17.73%        16.50%       20.79%
Tier 1 risk-based capital ratio       16.47%        15.23%       19.52%
Tier 1 leverage capital ratio         13.68%        12.90%       14.71%
Tangible equity to tangible assets    13.95%        14.22%       12.77%
ratio
Hanmi Bank                                                     
Total risk-based capital ratio        17.10%        16.53%       19.91%
Tier 1 risk-based capital ratio       15.83%        25.26%       18.63%
Tier 1 leverage capital ratio         13.15%        12.88%       14.05%
Tangible equity to tangible assets    13.38%        13.66%       14.96%
ratio
                                                              

                                                                                        
Hanmi Financial Corporation                                                              
and Subsidiaries
Average Balance, Average Yield Earned and Average Rate                              
Paid (Unaudited)
(In thousands)                                                                          
                                                                                       
                   Three Months Ended
                   September 30, 2013          June 30, 2013               September 30, 2012
                             Interest Average           Interest Average           Interest Average
                   Average    Income / Yield / Average    Income / Yield / Average    Income / Yield /
                   Balance    Expense  Rate    Balance    Expense  Rate    Balance    Expense  Rate
Assets                                                                                  
Interest-earning                                                                        
assets:
Gross loans, net of $         $       5.28%   $         $       5.16%   $         $       5.44%
deferred loan fees  2,186,884  29,098           2,165,741  27,839           1,958,819  26,781
Municipal           43,259    442     4.09%   46,102    454     3.94%   44,887    452     4.03%
securities-taxable
Municipal
securities-tax      10,088    106     4.21%   10,707    112     4.20%   12,587    151     4.79%
exempt
Obligations of
other U.S.          94,350    455     1.93%   93,432    432     1.85%   74,345    280     1.51%
government agencies
Other debt          238,264   1,143   1.92%   273,321   1,214   1.78%   254,694   1,260   1.98%
securities
Equity securities   28,058    392     5.59%   28,729    343     4.78%   30,886    178     2.31%
Federal funds sold  --        --      0.00%   341       --      0.00%   17,925    20      0.44%
Term federal funds  --        --      0.00%   --        --      0.00%   78,967    191     0.96%
sold
Interest-bearing
deposits in other   43,941    28      0.25%   39,256    24      0.25%   221,461   142     0.26%
banks
Total
interest-earning    2,644,844 31,664  4.75%   2,657,629 30,418  4.59%   2,694,571 29,455  4.35%
assets
                                                                                       
Noninterest-earning                                                                     
assets:
Cash and cash       66,808                   66,643                   70,591            
equivalents
Allowance for loan  (58,991)                 (61,026)                 (71,481)          
losses
Other assets        137,080                  130,259                  136,097           
Total
noninterest-earning 144,897                  135,876                  135,207           
assets
                                                                                       
Total assets        $                        $                        $                 
                    2,789,741                   2,793,505                   2,829,778
                                                                                       
Liabilities and
Stockholders'                                                                           
Equity
Interest-bearing                                                                        
liabilities:
Deposits:                                                                               
Savings             $115,058 $454   1.57%   $115,685 $466   1.62%   $111,432 $516   1.84%
Money market
checking and NOW    546,413   691     0.50%   591,317   769     0.52%   555,454   859     0.62%
accounts
Time deposits of    522,664   942     0.72%   565,927   1,057   0.75%   660,036   1,467   0.88%
$100,000 or more
Other time deposits 440,915   1,030   0.93%   371,868   808     0.87%   354,305   797     0.89%
FHLB advances       5,587     36      2.56%   9,188     41      1.79%   3,076     40      5.17%
Junior subordinated --        --      0.00%   9,966     84      3.38%   82,406    804     3.88%
debentures
Total
interest-bearing    1,630,637 3,153   0.77%   1,663,951 3,225   0.78%   1,766,709 4,483   1.01%
liabilities
                                                                                       
Noninterest-bearing                                                                     
liabilities:
Demand deposits     749,797                  721,090                  680,307           
Other liabilities   14,033                   14,723                   29,782            
Total
noninterest-bearing 763,830                  735,813                  710,089           
liabilities
                                                                                       
Total liabilities   2,394,467                2,399,764                2,476,798         
Stockholders'       395,274                  393,741                  352,980           
equity
                                                                                       
Total liabilities   $                          $                          $
and stockholders'   2,789,741                 2,793,505                 2,829,778          
equity
                                                                                       
Net interest income           $                        $                        $       
                               28,511                      27,193                      24,972
                                                                                       
Cost of deposits                      0.52%                     0.53%                     0.61%
Net interest spread                   3.98%                     3.81%                     3.34%
Net interest margin                   4.28%                     4.10%                     3.69%
                                                                                       

                                                                  
Hanmi Financial Corporation and                                    
Subsidiaries
Average Balance, Average Yield
Earned and Average Rate Paid                                       
(Unaudited)
(In thousands)                                                    
                                                                 
                     Nine Months Ended
                     September 30, 2013           September 30, 2012
                               Interest  Average           Interest Average
                     Average    Income /  Yield / Average    Income / Yield /
                     Balance    Expense   Rate    Balance    Expense  Rate
Assets                                                            
Interest-earning                                                  
assets:
Gross loans, net of   $         $ 83,736 5.23%   $         $       5.50%
deferred loan fees    2,142,462                    1,982,369  81,564
Municipal             45,141    1,350    3.99%   44,881    1,340   3.98%
securities-taxable
Municipal             11,188    365      4.35%   12,959    460     4.73%
securities-tax exempt
Obligations of other
U.S. government       92,262    1,309    1.89%   75,058    985     1.75%
agencies
Other debt securities 268,699   3,597    1.78%   276,646   3,955   1.91%
Equity securities     29,032    1,026    4.71%   31,486    512     2.17%
Federal funds sold    2,079     6        0.39%   16,545    53      0.43%
Term federal funds    --        --       0.00%   91,898    684     0.99%
sold
Interest-bearing
deposits in other     74,224    140      0.25%   139,458   269     0.26%
banks
Total
interest-earning      2,665,087 91,529   4.59%   2,671,300 89,822  4.49%
assets
                                                                 
Noninterest-earning                                               
assets:
Cash and cash         66,542                    70,303            
equivalents
Allowance for loan    (60,872)                  (79,502)          
losses
Other assets          133,467                   103,207           
Total
noninterest-earning   139,137                   94,008            
assets
                                                                 
Total assets          $                         $                 
                      2,804,224                    2,765,308
                                                                 
Liabilities and                                                   
Stockholders' Equity
Interest-bearing                                                  
liabilities:
Deposits:                                                         
Savings               $114,978 $1,377  1.60%   $109,605 $1,675 2.04%
Money market checking 568,490   2,180    0.51%   512,086   2,313   0.60%
and NOW accounts
Time deposits of      560,999   3,174    0.76%   700,443   5,978   1.14%
$100,000 or more
Other time deposits   394,784   2,645    0.90%   346,925   2,545   0.98%
FHLB advances         5,898     115      2.61%   3,478     126     4.84%
Junior subordinated   28,410    678      3.19%   82,406    2,400   3.89%
debentures
Total
interest-bearing      1,673,559 10,169   0.81%   1,754,943 15,037  1.14%
liabilities
                                                                 
Noninterest-bearing                                               
liabilities:
Demand deposits       724,021                   666,712           
Other liabilities     15,944                    29,837            
Total
noninterest-bearing   739,965                   696,549           
liabilities
                                                                 
Total liabilities     2,413,524                 2,451,492         
Stockholders' equity  390,700                   313,816           
                                                                 
Total liabilities and $                         $                 
stockholders' equity  2,804,224                    2,765,308
                                                                 
Net interest income             $ 81,360                  $       
                                                              74,785
                                                                 
Cost of deposits                         0.53%                     0.72%
Net interest spread                      3.78%                     3.35%
Net interest margin                      4.08%                     3.74%
                                                                 
                                                                 

Non-GAAP Financial Measures

Tangible Common Equity to Tangible Assets Ratio

Tangible common equity to tangible assets ratio is supplemental financial
information determined by a method other than in accordance with U.S.
generally accepted accounting principles ("GAAP"). This non-GAAP measure is
used by management in the analysis of Hanmi Financial's capital strength.
Tangible equity is calculated by subtracting goodwill and other intangible
assets from total stockholders' equity. Banking and financial institution
regulators also exclude goodwill and other intangible assets from total
stockholders' equity when assessing the capital adequacy of a financial
institution. Management believes the presentation of this financial measure
excluding the impact of these items provides useful supplemental information
that is essential to a proper understanding of the capital strength of Hanmi
Financial. This disclosure should not be viewed as a substitution for results
determined in accordance with GAAP, nor is it necessarily comparable to
non-GAAP performance measures that may be presented by other companies.

The following table reconciles this non-GAAP performance measure to the GAAP
performance measure for the periods indicated:

                                                              
Tangible Common Equity to Tangible                             
Assets Ratio (Unaudited)
(In thousands, except share and per                            
share data)
                                                              
                                     September 30, June 30,     September 30,
Hanmi Financial Corporation           2013          2013         2012
Total assets                          $2,845,137  $2,773,414 $2,841,857
Less other intangible assets          (1,212)      (1,253)     (1,376)
Tangible assets                       $2,843,925  $2,772,161 $2,840,481
Total stockholders' equity            $397,956    $395,396   $363,987
Less other intangible assets          (1,212)      (1,253)     (1,376)
Tangible stockholders' equity         $396,744    $394,143   $362,611
                                                              
Total stockholders' equity to total   13.99%        14.26%       12.81%
assets
Tangible common equity to tangible    13.95%        14.22%       12.77%
assets
                                                              
Common shares outstanding             31,754,115   31,604,837  31,489,201
Tangible common equity per common     $12.49      $12.47     $11.52
share
                                                              

CONTACT: Hanmi Financial Corporation
         Shick (Mark) Yoon, CFA CPA CVA
         EVP & Chief Financial Officer
         213-427-5636
        
         Investor Relations
         The Cereghino Group
         Becky Reid
         206-388-5788
         www.stockvalues.com
 
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