Mergers & Acquisitions
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Deal Overview

Buyer:
Hanmi Financial Corporation
Actual Acquirer:
Hanmi Bank
Target:
California Center Bank
Deal Type:
Bank & Thrift Company
Agreement Date:
5/9/2001
Announcement Date:
5/9/2001
Announced Deal Value ($ M):
103.40
Status:
Terminated
Completion Date:
6/22/2001
Announced Deal Value Per Share ($ )
17.00

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 241.0 NA
Price / Tangible Book (%) 241.0 NA
Price / Earnings (x) 12.3 NA
Price / Deposits (%) 26.12 NA
Price / Assets (%) 22.98 NA
Tangible Book Premium/ Deposits (%) 23.17 NA
Deal Terms
Description of Consideration

California Center Bank shareholders would have received approximately $17.00 per share in cash for each share held.

Accounting Method Purchase
In-State Transaction? Yes
Merger of Equals? No
Geographic Expansion? Partial Overlap
Goodwill Generated ($ 000) NA
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
Maximum Termination Fee ($ 000) 10,000.00
Minimum Termination Fee ($ 000) NA
Exchange Ratio (Common For Common) NA
Exchange Ratio (Common For Preferred) NA
Exchange Ratio (Preferred For Common) NA
Exchange Ratio (Preferred For Preferred) NA
Lockup Agreement NA
Strike Price ($ ) NA
% of Shares Outstanding NA
Shares Under Option NA
Core Deposit Intangibles ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Hoefer & Arnett Inc.
Seller Yes Findley Group
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller NA NA