HANMI FINANCIAL CORP

Hanmi Financial is a bank holding company whose primary subsidiary, Hanmi Bank, provides general business banking services. Hanmi Bank was incorporated in California in 1981 and operates as a community bank. Its deposit accounts are insured by the Federal Deposit Insurance Act up to applicable limits. The bank's main market serves the Korean-American community and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. Its full-service offices are located in markets with many businesses owned by immigrants and minority groups, and its client base reflects this multi-ethnic composition. The bank generates revenue primarily from interest and fees on loans, interest and dividends on securities, and other interest-earning assets, as well as service charges and fees on deposit accounts and sales of SBA and mortgage loans. For the year ended December 31, total revenues were $444,903 thousand, with interest and fees on loans contributing $375,760 thousand (84.5%), interest and dividends on securities contributing $26,778 thousand (6.0%), and service charges, fees, and other income contributing $24,254 thousand (5.4%).