Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia. Hanmi Bank specializes in real estate, commercial, Small Business Administration loans and trade finance lending to small and middle market businesses. It is a wholly owned subsidiary of Hanmi Financial Corporation, Inc.3 Its shares trade on Nasdaq under the symbol HAFC.1Wikipedia text CC BY-SA 4.0
Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue109$270.2M in 2025−1% since 2022Operating income109$76.1M in 2025−25% since 2022Net income111213109$76.1M in 2025+132% since 2019
Revenue1415$72.2M in Q2 FY2026+1% since Q1 FY2026Operating income1415$23.5M in Q2 FY2026+4% since Q1 FY2026Net income1415$23.5M in Q2 FY2026+4% since Q1 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Interest and fees on loans
$375.8M
$366.2M
$339.8M
Interest on securities
$25.3M
$21.6M
$16.9M
Dividends on FHLB stock
$1.4M
$1.4M
$1.2M
Interest on deposits in other banks
$8.4M
$9.6M
$11.3M
Total interest and dividend income
$410.9M
$398.8M
$369.3M
Interest on deposits
$164.7M
$182.7M
$134.7M
Interest on borrowings
$3.7M
$6.7M
$6.9M
Interest on subordinated debentures
$6.3M
$6.6M
$6.5M
Total interest expense
$174.7M
$196.0M
$148.1M
Net interest income before credit loss expense
$236.2M
$202.8M
$221.3M
Credit loss expense
$14.4M
$4.4M
$4.3M
Net interest income after credit loss expense
$221.8M
$198.4M
$216.9M
Service charges on deposit accounts
$8.7M
$9.4M
$10.1M
Trade finance and other service charges and fees
$6.1M
$5.3M
$4.8M
Gain on sale of SBA loans
$7.8M
$6.1M
$5.7M
Gain on sale of residential mortgage loans
$1.9M
$1.5M
Net loss on sales of securities
-$1.9M
Other operating income
$9.4M
$9.3M
$15.4M
Total noninterest income
$34.0M
$31.6M
$34.2M
Salaries and employee benefits
$87.7M
$83.4M
$81.4M
Occupancy and equipment
$17.6M
$18.1M
$18.3M
Data processing
$15.5M
$14.9M
$13.7M
Professional fees
$7.5M
$7.0M
$6.3M
Supplies and communications
$2.0M
$2.3M
$2.5M
Advertising and promotion
$3.1M
$3.0M
$3.1M
Other operating expenses
$14.4M
$12.7M
$11.3M
Total noninterest expense
$147.8M
$141.3M
$136.5M
Income before tax
$107.9M
$88.6M
$114.6M
Income tax expense
$31.8M
$26.4M
$34.5M
Net income
$76.1M
$62.2M
$80.0M
Basic earnings per share
$2.53
$2.06
$2.63
Diluted earnings per share
$2.51
$2.05
$2.62
Basic
29.9M shares
30.0M shares
30.3M shares
Diluted
30.0M shares
30.1M shares
30.3M shares
No quarter-by-quarter statement was filed.
Total assets16111213109$7.9B in 2025+42% since 2019Total liabilities16111213109$7.1B in 2025+42% since 2019Shareholders’ equity1213109$796.4M in 2025+41% since 2019Cash1213109$212.8M in 2025+75% since 2019
Total assets1415$8.0B in Q2 FY2026+2% since Q1 FY2025Total liabilities1415$7.2B in Q2 FY2026+2% since Q1 FY2025Shareholders’ equity1415$812.7M in Q2 FY2026+2% since Q1 FY2025Cash1415$331.2M in Q2 FY2026+56% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and due from banks
$212.8M
$304.8M
Securities available for sale, at fair value (amortized cost of $941,760 and $1,004,563 as of December 31, 2025 and 2024, respectively)
$880.6M
$905.8M
Loans held for sale, at the lower of cost or fair value
$7.4M
$8.6M
$12.0M
Loans, net of allowance for credit losses of $69,903 and $70,147 as of December 31, 2025 and 2024, respectively
$6.5B
$6.2B
Accrued interest receivable
$24.5M
$22.9M
Premises and equipment, net
$20.4M
$21.4M
Customers' liability on acceptances
$125.0K
$1.2M
Servicing assets
$6.5M
$6.5M
$7.1M
Goodwill
$11.0M
$11.0M
"Federal Home Loan Bank (""FHLB"") stock, at cost"
$16.4M
$16.4M
Income tax assets
$40.5M
$44.9M
Bank-owned life insurance
$56.7M
$57.2M
Prepaid expenses and other assets
$98.8M
$96.0M
Total assets
$7.9B
$7.7B
Noninterest-bearing
$2.0B
$2.1B
Interest-bearing
$4.7B
$4.3B
Total deposits
$6.7B
$6.4B
Accrued interest payable
$34.8M
$34.8M
Bank's liability on acceptances
$125.0K
$1.2M
Borrowings
$150.0M
$262.5M
Subordinated debentures ($135,995 and $136,800 face amount less unamortized discount and debt issuance costs of $5,532 and $6,162 as of December 31, 2025 and 2024, respectively)
$130.5M
$130.6M
Accrued expenses and other liabilities
$79.8M
$80.8M
Total liabilities
$7.1B
$6.9B
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 34,287,779 shares (29,894,757 shares outstanding) and 34,151,464 shares (30,195,999 shares outstanding) as of December 31, 2025 and 2024, respectively
$34.0K
$34.0K
Additional paid-in capital
$594.7M
$591.1M
Accumulated other comprehensive loss, net of tax benefit of $17,822 and $28,576 as of December 31, 2025 and 2024, respectively
-$43.2M
-$70.7M
Retained earnings
$394.3M
$350.9M
Less: treasury stock; 4,393,022 shares and 3,955,465 shares as of December 31, 2025 and 2024, respectively
-$149.5M
-$139.1M
Total stockholders' equity
$796.4M
$732.2M
$701.9M
$637.5M
Total liabilities and stockholders' equity
$7.9B
$7.7B
Amortized cost of securities available for sale
$941.8M
$1.0B
Loans, allowance for credit losses
$69.9M
$70.1M
Face amount of subordinated debentures
$136.0M
$136.8M
Unamortized discount and debt issuance costs
$5.5M
$6.2M
Preferred stock par value (in USD per share)
$0.00
$0.00
Preferred stock authorized (shares)
10.0M shares
10.0M shares
Preferred stock issued (shares)
0 shares
0 shares
Common stock par value (in USD per share)
$0.00
$0.00
Common stock authorized (shares)
62.5M shares
62.5M shares
Common stock issued (shares)
34.3M shares
34.2M shares
Common stock outstanding (shares)
29.9M shares
30.2M shares
Accumulated other comprehensive loss, tax benefit
$17.8M
$28.6M
Treasury stock (shares)
4.4M shares
4.0M shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and due from banks
$212.8M
$304.8M
Securities available for sale, at fair value (amortized cost of $941,760 and $1,004,563 as of December 31, 2025 and 2024, respectively)
$880.6M
$905.8M
Loans held for sale, at the lower of cost or fair value
$7.4M
$8.6M
$12.0M
Loans, net of allowance for credit losses of $69,903 and $70,147 as of December 31, 2025 and 2024, respectively
$6.5B
$6.2B
Accrued interest receivable
$24.5M
$22.9M
Premises and equipment, net
$20.4M
$21.4M
Customers' liability on acceptances
$125.0K
$1.2M
Servicing assets
$6.5M
$6.5M
$7.1M
Goodwill
$11.0M
$11.0M
"Federal Home Loan Bank (""FHLB"") stock, at cost"
$16.4M
$16.4M
Income tax assets
$40.5M
$44.9M
Bank-owned life insurance
$56.7M
$57.2M
Prepaid expenses and other assets
$98.8M
$96.0M
Total assets
$7.9B
$7.7B
Noninterest-bearing
$2.0B
$2.1B
Interest-bearing
$4.7B
$4.3B
Total deposits
$6.7B
$6.4B
Accrued interest payable
$34.8M
$34.8M
Bank's liability on acceptances
$125.0K
$1.2M
Borrowings
$150.0M
$262.5M
Subordinated debentures ($135,995 and $136,800 face amount less unamortized discount and debt issuance costs of $5,532 and $6,162 as of December 31, 2025 and 2024, respectively)
$130.5M
$130.6M
Accrued expenses and other liabilities
$79.8M
$80.8M
Total liabilities
$7.1B
$6.9B
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 34,287,779 shares (29,894,757 shares outstanding) and 34,151,464 shares (30,195,999 shares outstanding) as of December 31, 2025 and 2024, respectively
$34.0K
$34.0K
Additional paid-in capital
$594.7M
$591.1M
Accumulated other comprehensive loss, net of tax benefit of $17,822 and $28,576 as of December 31, 2025 and 2024, respectively
-$43.2M
-$70.7M
Retained earnings
$394.3M
$350.9M
Less: treasury stock; 4,393,022 shares and 3,955,465 shares as of December 31, 2025 and 2024, respectively
-$149.5M
-$139.1M
Total stockholders' equity
$796.4M
$732.2M
$701.9M
$637.5M
Total liabilities and stockholders' equity
$7.9B
$7.7B
Amortized cost of securities available for sale
$941.8M
$1.0B
Loans, allowance for credit losses
$69.9M
$70.1M
Face amount of subordinated debentures
$136.0M
$136.8M
Unamortized discount and debt issuance costs
$5.5M
$6.2M
Preferred stock par value (in USD per share)
$0.00
$0.00
Preferred stock authorized (shares)
10.0M shares
10.0M shares
Preferred stock issued (shares)
0 shares
0 shares
Common stock par value (in USD per share)
$0.00
$0.00
Common stock authorized (shares)
62.5M shares
62.5M shares
Common stock issued (shares)
34.3M shares
34.2M shares
Common stock outstanding (shares)
29.9M shares
30.2M shares
Accumulated other comprehensive loss, tax benefit
$17.8M
$28.6M
Treasury stock (shares)
4.4M shares
4.0M shares
Cash from operations111213109$206.0M in 2025+250% since 2019Dividends paid111213109$32.6M in 2025+10% since 2019Share buybacks1112139$9.4M in 2025+28% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Net income
$76.1M
$62.2M
$80.0M
Depreciation and amortization
$3.3M
$3.2M
$3.4M
Amortization of servicing assets - net
$2.3M
$2.7M
$2.3M
Share-based compensation expense
$3.6M
$3.6M
$2.7M
Credit loss expense
$14.4M
$4.4M
$4.3M
Loss on sales of securities
$1.9M
Gain on sales of SBA loans
-$7.8M
-$6.1M
-$5.7M
Origination of loans held for sale
-$128.9M
-$135.8M
-$105.0M
Proceeds from sales of loans
$254.4M
$141.4M
$107.7M
Gain on sales of residential mortgage loans
-$1.9M
-$1.5M
Change in bank-owned life insurance
$471.0K
-$833.0K
-$791.0K
Loss (gain) on sale of fixed assets
$40.0K
-$816.0K
-$4.0M
Change in prepaid expenses and other assets
-$969.0K
$6.3M
-$28.0M
Change in income tax assets
-$6.1M
-$9.7M
$9.8M
Valuation adjustment on servicing assets
$54.0K
-$385.0K
Change in accrued interest payable and other liabilities
-$3.0M
-$16.5M
$41.0M
Net cash provided by operating activities
$206.0M
$52.6M
$109.3M
Purchases of securities available for sale
-$173.1M
-$196.4M
-$107.0M
Proceeds from matured, called and repayment of securities
$233.3M
$156.2M
$105.8M
Proceeds from sales of securities available for sale
$8.1M
Purchases of loans
-$51.0M
-$75.2M
-$9.7M
Proceeds from sales of residential mortgage loans
$50.4M
Purchases of premises and equipment
-$2.3M
-$2.6M
-$2.4M
Proceeds from disposition of premises and equipment
$14.0K
$2.8M
$7.2M
"Proceeds from sales of other real estate owned (""OREO"")"
$712.0K
$2.3M
Change in loans, excluding purchases and sales
-$392.0M
-$43.5M
-$213.6M
Net cash used in investing activities
-$384.3M
-$106.1M
-$211.4M
Change in deposits
$241.9M
$155.2M
$112.5M
Change in open FHLB advances
-$225.0M
$12.5M
-$25.0M
Proceeds from FHLB term advances
$50.0M
$50.0M
Repayments of FHLB term advances
$62.5M
-$125.0M
Proceeds from exercise of stock options
$582.0K
Cash paid for employee vested shares surrendered due to employee tax liability
-$996.0K
-$586.0K
-$785.0K
Repurchase of common stock
-$9.4M
-$6.3M
-$4.1M
Cash dividends paid
-$32.6M
-$30.4M
-$30.5M
Net cash provided by financing activities
$86.4M
$56.0M
$52.1M
Net increase (decrease) in cash and due from banks
-$92.0M
$2.5M
-$50.1M
Interest expense paid
$174.8M
$200.5M
$116.5M
Income taxes paid
$35.8M
$41.7M
$16.5M
Transfer of fixed assets to other real estate owned
$2.0M
$655.0K
Transfer of loans to loans held for sale
$41.9M
$45.5M
Income tax (expense) benefit related to other comprehensive income items
-$10.8M
-$482.0K
-$6.9M
Right-of-use asset obtained in exchange for lease liability
Hanmi Bank is part of a group headed by HANMI FINANCIAL CORPORATION. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Hanmi Bank
State Street CorporationFiled SCHEDULE 13G on Hanmi Bank, latest May 12, 2026 (3 filings since Jan 24, 2024)
Central Bancorp Statutory Trust Subsidiary · Texas, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Hanmi Bank reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Hanmi Financial’s principal office is located at 900 Wilshire Boulevard, Suite 1250, Los Angeles, California. As of December 31, 2025, we had 37 properties consisting of 32 branch offices and five loan production offices. We owned six locations and the remaining properties were leased.
As of December 31, 2025, our consolidated investment in premises and equipment, net of accumulated depreciation and amortization, was $20.4 million. Our lease expense was $9.4 million, net of sublease income of $0.2 million, for the year ended December 31, 2025. We consider our present facilities to be sufficient for our current operations.
The bank was established in 1982. Originally it was founded to serve the Korean American community in Los Angeles.
The bank was founded by George S. Chey, who served as Chairman of the Board for 10 years after its startup.
In 1987, the Hanmi Bank conducted its IPO and is listed on Nasdaq.
The bank bought the First Global Bank and the Pacific Union Bank and the Chun Ha Insurance Agency. In 2001, the company listed on Nasdaq. Subsequently, the bank expanded to include insurance and wealth management services.
In 2014, it acquired United Central Bank.
In 2015, it dropped its bid to acquire the larger BBCN Bancorp, paving the way for BBCN to merge with another Koreatown rival, Wilshire Bancorp, as Bank of Hope.
Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.73 a share, on Oct 21, 2025.79
When it reported results
Jul 21, 2026Reported quarterly or annual results72
Apr 21, 2026Reported quarterly or annual results76
Jan 27, 2026Reported quarterly or annual results80
Oct 21, 2025Reported quarterly or annual results81
Jul 22, 2025Reported quarterly or annual results82
Apr 22, 2025Reported quarterly or annual results83
Jan 28, 2025Reported quarterly or annual results84
Oct 22, 2024Reported quarterly or annual results85
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
330 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 75 major events, 180 insider forms, 25 large holders, 1 private raises, 29 other. The latest 20:
BlackRockSC 13G/A, 4 filings Jan 28, 2022 to Jan 23, 202492
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC,
federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA.
Each bar links to the records below.
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Jul 30, 2026Raised $55 million in a private offering of debt66Form D: 33 investors so farForm D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).17
Risk factors and legal proceedings
The risks Hanmi Bank names in Item 1A of its 10-K filed Feb 27, 2026: 43 risks under these headings, as written.17
Risks Related to our Lending Activities
Our concentrations of loans in certain industries could have adverse effects on credit quality.
Our emphasis on commercial lending may expose us to increased lending risks.
The level of the commercial real estate loan portfolio may subject the Bank to additional regulatory scrutiny.
Our focus on lending to small to mid-sized community-based businesses may increase our credit risk.
Our loan portfolio is predominantly secured by real estate and thus we have a higher degree of risk from a downturn in our real estate markets, especially a downturn in the Southern California real estate market.
The performance of our multifamily real estate loans within the State of New York could be adversely impacted by regulation.
We are exposed to risk of environmental liabilities with respect to properties to which we take title.
Risks Related to Local and International Economic and Political Conditions
Inflation can have an adverse impact on our business and on our customers.
Deteriorating business and economic conditions can adversely affect our industry and business.
Our Southern California concentration means economic conditions in Southern California could adversely affect our operations.
The other 33 risks
Changing conditions in South Korea could adversely affect our business.
Tariffs imposed on South Korea could have an impact on our business.
Interruption of our customers’ supply chains and federal funding could negatively impact their business and operations and impact their ability to repay their loans.
Another prolonged U.S. government shutdown or a default by the U.S. on government obligations would harm our result of operations.
Risk Related to Laws and Regulation and Their Enforcement
Changes in laws and regulations and the associated cost of regulatory compliance may adversely affect our operations and/or increase our costs of operations.
The fiscal and monetary policies and regulations of the federal government and its agencies could adversely affect our business, financial condition, and results of operations.
Additional requirements imposed by Dodd-Frank and other regulations, could adversely affect us.
We face a risk of non-compliance and enforcement action with the Bank Secrecy Act and other anti-money laundering statutes and regulations.
Our failure to maintain at least a satisfactory rating under the Community Reinvestment Act may restrict our operations and limit our ability to pursue certain strategic opportunities.
Future changes to the FDIC assessment rate could adversely affect our earnings.
Risks Related to Our Operations
Liquidity risk could impair our ability to fund operations and jeopardize our financial condition.
The soundness of other financial institutions could adversely affect us.
A failure in or breach of our operational or security systems or infrastructure, including as a result of cyber-attacks or data breaches, could disrupt our businesses, result in the disclosure or misuse of confidential or proprietary information, damage our reputation, increase our costs and/or cause losses.
We rely on management and outside consultants in overseeing cybersecurity risk management.
We may not be able to successfully implement future information technology system enhancements, which could adversely affect our business operations and profitability.
We rely on third-party vendors and other service providers, which could expose us to additional risk.
Fraudulent activity could damage our reputation, disrupt our businesses, increase our costs and cause losses.
We are dependent on key personnel and the loss of one or more of those key personnel may materially and adversely affect our prospects.
If we fail to maintain an effective system of internal controls and disclosure controls and procedures, we may not be able to accurately report our financial results or prevent fraud.
Our reliance on, and integration of, artificial intelligence ("AI") and machine learning ("ML") technologies expose us to various risks, including operational, data, regulatory, and reputational risks, which could materially affect our business and financial results.
Reputational and ethical risk.
Risks Related to Accounting Matters
Our allowance for credit losses may not be adequate to cover actual losses.
Changes in accounting standards may affect how we record and report our financial condition and results of operations.
Risks Related to Market Interest Rates
Our earnings are affected by changing interest rates.
Changes in the estimated fair value of debt securities may reduce stockholders’ equity and net income.
Risks Related to Competitive Matters
Competition may adversely affect our performance.
Risks Related to Tax Matters
If our deferred tax assets are determined not to be recoverable, it would negatively impact our earnings.
Changes to tax regulations could negatively impact our earnings.
Other Risks Related to Our Business
We are exposed to the risks of natural disasters and global market disruptions.
Risks Relating to Ownership of Our Common Stock
The Bank could be restricted from paying dividends to us, its sole shareholder, and, thus, we would be restricted from paying dividends to our stockholders in the future.
The price of our common stock may be volatile or may decline.
Share ownership may be diluted by the issuance of additional shares of our common stock in the future.
Anti-takeover provisions and state and federal law may limit the ability of another party to acquire us, which could cause our stock price to decline.
Legal proceedings
Hanmi Financial and its subsidiaries are subject to lawsuits and claims that arise in the ordinary course of their businesses. Neither Hanmi Financial nor any of its subsidiaries is currently involved in any legal proceedings, the outcome of which we believe would have a material adverse effect on the business, financial condition or results of operations of Hanmi Financial or its subsidiaries.