Hanmi Financial Corporation Reports Improving
Third Quarter 2010 Financial Results

LOS ANGELES — October 28, 2010 — Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank, today reported a substantial decline in overall net loss for the third quarter of 2010 as compared to both the immediately preceding and year ago quarters. For the third quarter of 2010, net loss fell to $14.6 million, or $0.12 per share, compared to a second quarter loss of $29.3 million, or $0.57 per share, and a loss of $59.7 million, or $1.26 per share, in the third quarter a year ago. For the first nine months of 2010, net loss totaled $93.3 million, or $1.24 per share, compared to $86.4 million, or $1.86 per share in the first nine months of 2009.

“The strong support of our shareholders, as well as the encouraging demand from the capital market, allowed us to raise gross proceeds of $120 million in new capital at the beginning of the quarter. As a result, the Bank has met the threshold for being considered ‘well-capitalized’ for regulatory purposes at September 30, 2010,” said Jay S. Yoo, President and Chief Executive Officer.

Third Quarter 2010 Highlights

	•		Hanmi strengthened its capital ratios with the successful sale of $120 million of common stock at a purchase price of $1.20 per share, resulting in net proceeds to the Company of $116.3 million. Hanmi injected $110 million to the Bank which enhanced the Bank’s Total Risk Based Capital Ratio to 11.61% as compared with 7.35% in the immediate prior quarter and 9.69% a year ago. The Bank’s tangible common equity to tangible assets at quarter end was 8.37%, up from 7.55% a year earlier.
	•		Non-performing loans fell to $194.7 million, or 8.13% of gross loans, from $242.1 million or 9.67% of gross loans in the second quarter and up from $174.4 million, or 5.85% a year ago. The coverage ratio of the allowance to non-performing loans increased to 90.41% at September 30, 2010, compared to 72.96% at the prior quarter-end and 71.53% at the end of the third quarter a year ago.
	•		During the first nine months of 2010, the successful deleveraging of the balance sheet reduced total assets by 6% or $194 million to $2.97 billion, with gross loans down 15%.
	•		The funds raised in the capital offering and sales of loans provided sufficient liquidity with $608 million in cash and securities as of September 30, 2010.
	•		Although slightly reduced from the prior quarter’s 3.56%, the net interest margin (NIM) significantly improved to 3.49% in the third quarter as compared with 3.00% in the third quarter a year ago. Year-to-date NIM increased 93 basis points to 3.58% from 2.65% in the first nine months of 2009.

Successful Capital Raise

As previously announced, Hanmi successfully raised gross proceeds of $120 million of capital with approximately $47 million in its rights offering and $73 million in the best efforts public offering. Of the $116.3 million in net proceeds, $110.0 million was down-streamed from the holding company to the Bank. “With our improved capital position as compared to the immediately preceding quarter, we believe we are now substantially in compliance with our regulatory orders, and are working to finalize our strategic plan and other compliance efforts by the year end,” Mr. Yoo stated.

Asset Quality

At September 30, 2010, the allowance for loan losses was $176.1 million, or 7.35% of gross loans, compared to $176.7 million, or 7.05% of gross loans, at June 30, 2010, and $124.8 million, or 4.19% of gross loans a year ago. Hanmi’s loan loss allowance to non-performing loans ratio significantly increased to 90.41% from 71.53% a year ago. Third quarter charge-offs, net of recoveries, were down to $21.3 million compared to $38.9 million in the second quarter and $29.9 million in the third quarter of 2009.

Non-performing loans (NPLs) declined 20% to $194.7 million at September 30, 2010 from $242.1 million at June 30, 2010, and up 12% from $174.4 million at September 30, 2009. Of the total $194.7 million NPLs, $33.4 million, or 17.2%, were

current on payments and are supported by underlying collateral or have been made to borrowers with additional assets to support their loans. Approximately 94.7% of the total NPLs were impaired with a $16.1 million impairment reserve for those loans. Sales of impaired loans also reduced non-performing assets with 12 loan sales generating $24.7 million in net proceeds in the third quarter. Year-to-date loan sales have generated $114.6 million in net proceeds on the sale of 58 loans. Sales of other real estate owned (OREO) continued during the third quarter, with four properties sold for the net proceed of $2.5 million, resulting in a $235,000 net loss. Year-to-date OREO sales have generated $8.8 million in net proceeds on the sale of 13 properties, resulting in an $81,000 net loss. OREO, real estate acquired through foreclosure, totaled $20.6 million at September 30, 2010, down from $24.1 million at June 30, 2010 and also down from $27.1 million a year ago. “We have been aggressive in selling loans prior to foreclosure, which partially accounts for the reduction of OREO,” said Mr. Yoo.

The following table shows non-performing loans by loan category:

Total Non-Performing Loans

(’000)			9/30/2010				% of Total NPL					6/30/2010				% of Total NPL					9/30/2009				% of Total NPL
Real Estate Loans:
Commercial Property				31,103				16.0	%				42,877				17.7	%				39,437				22.6	%
Construction				9,338				4.8	%				9,823				4.0	%				10,650				6.1	%
Land Loans				29,701				15.2	%				35,806				14.8	%				7,502				4.3	%
Residential Property				2,264				1.2	%				2,836				1.2	%				3,450				2.0	%
Commercial & Industrial Loans:
Owner Occupied Property				90,777				46.6	%				113,977				47.1	%				72,106				41.3	%
Other C&I				31,216				16.0	%				36,521				15.1	%				40,902				23.5	%
Consumer Loans				330				0.2	%				293				0.1	%				380				0.2	%
TOTAL NPL				194,729				100.0	%				242,133				100.0	%				174,427				100.0	%

The proactive approach to the problematic credits this year reduced delinquent loans on accrual status to $23.9 million, or 1.0% of gross loans at September 30, 2010, from $28.5 million, or 1.0% of gross loans at September 30, 2009. Quarter over quarter, the delinquent loans on accrual status increased from $21.7 million at June 30, 2010 due to the addition of a single construction loan in the amount of $8.7 million. However, delinquency of accrual loans decreased for all other loan categories. The following table shows delinquent loans on accrual status by loan category:

Delinquent loans on accrual status

(’000)			9/30/2010				% of Total					6/30/2010				% of Total					9/30/2009				% of Total
Real Estate Loans:
Commercial Property				382				1.6	%				3,020				13.9	%				8,916				31.2	%
Construction				8,714				36.5	%				—				—					—				—
Land Loans				—				—					—				—					3,550				12.5	%
Residential Property				801				3.4	%				1,858				8.6	%				854				3.0	%
Commercial & Industrial Loans:
Owner Occupied Property				9,261				38.7	%				9,964				45.9	%				7,825				27.5	%
Other C&I				4,543				19.0	%				6,559				30.2	%				6,540				23.0	%
Consumer Loans				196				0.8	%				300				1.4	%				787				2.8	%
TOTAL				23,897				100.0	%				21,701				100.0	%				28,472				100.0	%

Balance Sheet

“During the past two years, we have employed a strategy to deleverage our balance sheet to reduce portfolio risk and to respond to the economic downturn that negatively impacted our capital levels. With the new capital we have already raised this year, together with the new capital that we expect from the Woori transaction, we plan to move from a downsizing mode into moderately expanding our organization,” said Mr. Yoo. Total assets increased slightly at the end of the third quarter to $2.97 billion, from $2.91 billion at June 30, 2010, and down 14% from $3.46 billion at September 30, 2009.

Gross loans, net of deferred loan fees, were $2.39 billion at September 30, 2010, down 4% from $2.50 billion at June 30, 2010, and down 20% from $2.98 billion at September 30, 2009.

“We continue to build our core deposits and reduce our reliance on higher-cost certificates of deposits during the third quarter of 2010,” stated Brian Cho, EVP & Chief Financial Officer. “We have reduced our reliance on whole sale funding by eliminating broker deposits from the deposit mix. Federal Home Loan Bank advances are also down 4% from a year ago to $153.7 million.” Total deposits decreased 16% year-over-year and declined 2% from the prior quarter. Total deposits were $2.53 billion at September 30, 2010, compared to $2.58 billion at June 30, 2010, and $2.99 billion at September 30, 2009.

Results of Operations

Net interest income, before the provision for credit losses, totaled $26.3 million for the third quarter of 2010 which was down slightly from net interest income of $26.5 million in the third quarter a year ago. Higher cash and cash equivalent balances as well as increases in investment securities generated lower yields on assets, but the impact was offset by the decline in cost of funds associated with replacing high-cost time deposits with low-cost deposits. For the first nine months of 2010, net interest income before provision for credit losses totaled $79.9 million compared to $72.8 million in the first nine months of 2009.

Average gross loans decreased 20.2% to $2.46 billion for the third quarter of 2010 from $3.08 billion for the same period of 2009 and declined 19.3% to $2.61 billion for the nine months of 2010 from $3.24 billion for the same period of 2009. Average investment securities increased 7.0% to $223.7 million for the third quarter of 2010 from $209.0 million for the third quarter of 2009 and decreased 10.9% to $169.6 million for the first nine months of 2010 from $190.2 million for the same period of 2009. “The decreases in average gross loans were the direct result of our balance sheet deleveraging strategy” said Cho. Consistent with this strategy, average deposits also decreased 17.5% to $2.56 billion for the third quarter of 2010 from $3.10 billion for the same period in 2009 and declined 17.7% to $2.61 billion for the nine months of 2010 from $3.17 billion for the same period of 2009.

The average yield on the loan portfolio decreased slightly by 6 basis points to 5.44% in the third quarter of 2010, compared to the third quarter a year ago and decreased 11 basis points to 5.37% for the first nine months of 2010 from 5.48% for the same period of 2009. For the first nine months of 2010, the reversal of previously recorded interest income due to the additional non-accrual loans was $2.9 million ($0.3 million in the third quarter and $2.6 million in the first half of the year), resulting in a negative impact on NIM by 13 basis points. The cost of average interest-bearing deposits in the third quarter was 1.65%, down 105 basis points from the third quarter of 2009 and year-to-date it was 1.75%, down 143 basis points from a year ago. As a result, Hanmi’s net interest margin improved 49 basis points to 3.49% in the third quarter of 2010 compared to 3.00% in the third quarter of 2009 and improved 93 basis points to 3.58% for the first nine months of 2010 from 2.65% for the same period of 2009.

As a result of the decrease of charge-offs and non-performing loans, the provision for credit losses in the third quarter of 2010 decreased to $22.0 million, compared to $49.5 million in the third quarter a year ago. For the first nine months of 2010, the provision for credit losses totaled $117.5 million down from $119.4 million in the first nine months of 2009.

Total non-interest income in the third quarter of 2010 was $6.5 million compared to $8.2 million in the third quarter of 2009. The decrease in non-interest income is primarily attributable to decreases in service charges on deposit accounts and a decrease in net gain on sales of loans. Service charges on deposit accounts decreased by $833,000 to $3.4 million for the third quarter of 2010 from $4.3 million for the same period of 2009, primarily due to a decrease of $751,000 in NSF charges and a decrease in account analysis fees. Net gain on sale of loans decreased by $635,000 for the third quarter of 2010, compared to the same period in 2009. “The gain on sale of loans was substantial during the third quarter of 2009 when we sold accumulated inventory upon the recovery of the SBA secondary market,” Cho noted. For the first nine months of 2010, non-interest income was $20.1 million, a decrease of $4.1 million, or 17.0%, from $24.3 million for the same period in 2009. The decrease was due primarily to a $2.3 million decrease in service charges on deposit accounts associated with the slowed business activities in the depressed economy and a $1.1 million decrease in net gain on sales of investment securities.

Total non-interest expense increased $1.2 million to $24.9 million for the third quarter of 2010, up from $23.7 million in the third quarter a year ago. The overall increase in non-interest expense was primarily due to an $879,000 impairment charge on equity securities, acquired prior to 2004 for Community Reinvestment Act purposes, upon recapitalization of the issuer of such equity securities, an $860,000 compensation expense for the preannounced retention plan payable in November 2010, and a $423,000 increase in directors and officers liability insurance premium driven by the change in risk

categories of the Bank. The increase was partially offset by decreases in OREO related expenses and professional fees. Year-to-date non-interest expense increased by $8.2 million to $75.9 million, up 12% from $67.6 million in the first nine months of 2009, primarily due to a higher valuation provision for OREO properties and FDIC insurance premium in addition to the aforementioned expenses.

Conference Call Information

Management will host a conference today at 1:30 p.m. PDT (4.30 p.m. EDT) to discuss these financial results. This call will also be broadcast live via the internet. Investment professionals and all others are invited to access the live call by dialing (857) 350-1589 at 1:30 p.m. (PDT), using access code HANMI. To listen to the call online, either live or archived, visit the Investor Relations page of Hanmi Financial Corporation website at www.hanmi.com. Shortly after the call concludes, the replay will also be available at (617) 801-6888, using access code #46109720 where it will be archived until November 15, 2010.

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.

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 securities purchase agreement with Woori Finance Holdings, 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: inability to consummate the proposed transaction with Woori Finance Holdings on the terms contemplated in the Securities Purchase Agreement entered into with Woori on May 25, 2010, as amended (the “transaction”); failure to receive regulatory approval for the Transaction; inability to continue as a going concern; inability to raise additional capital on acceptable terms or at all; 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 the Company; 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 successfully integrate acquisitions we may make; 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 attached as an Exhibit to a Current Report on Form 8-K filed with the SEC on June 18, 2010, and our most recent Quarterly Report on Form 10-Q, as well as current and periodic reports filed with the U.S. Securities and

Exchange Commission 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.

Cautionary Statements

The issuance of the securities to Woori described in this news release have not been and will not be registered under the Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of the securities in any jurisdiction or state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction or state.

Contact

Hanmi Financial Corporation

BRIAN E. CHO
Chief Financial Officer
(213) 368-3200

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Dollars in Thousands)

		September 30,				June 30,				%				December 31,				%				September 30,				%
		2010				2010				Change				2009				Change				2009				Change
ASSETS
Cash and Due from Banks		$	63,455			$	60,034				5.7	%		$	55,263				14.8	%		$	57,727				9.9	%
Interest-Bearing Deposits in Other Banks			218,843				170,711				28.2	%			98,847				121.4	%			155,607				40.6	%
Federal Funds Sold			—				20,000				—				—				—				—				—
Cash and Cash Equivalents			282,298				250,745				12.6	%			154,110				83.2	%			213,334				32.3	%
Investment Securities			325,428				191,094				70.3	%			133,289				144.2	%			205,901				58.1	%
Loans:
Gross Loans, Net of Deferred Loan Fees			2,394,291				2,503,426				(4.4	)%			2,819,060				(15.1	)%			2,977,504				(19.6	)%
Allowance for Loan Losses			(176,063	)			(176,667	)			(0.3	)%			(144,996	)			21.4	%			(124,768	)			41.1	%
Loans Receivable, Net			2,218,228				2,326,759				(4.7	)%			2,674,064				(17.0	)%			2,852,736				(22.2	)%
Premises and Equipment, Net			17,639				17,917				(1.6	)%			18,657				(5.5	)%			19,302				(8.6	)%
Accrued Interest Receivable			8,442				7,802				8.2	%			9,492				(11.1	)%			11,389				(25.9	)%
Due from Customers on Acceptances			1,375				1,072				28.3	%			994				38.3	%			1,859				(26.0	)%
Other Real Estate Owned, Net			20,577				24,064				(14.5	)%			26,306				(21.8	)%			27,140				(24.2	)%
Deferred Income Taxes, Net			—				—				—				3,608				—				2,464				—
Servicing Assets			3,197				3,356				(4.7	)%			3,842				(16.8	)%			3,957				(19.2	)%
Other Intangible Assets, Net			2,480				2,754				(9.9	)%			3,382				(26.7	)%			3,736				(33.6	)%
Investment in Federal Home Loan Bank Stock, at Cost			28,418				29,556				(3.9	)%			30,697				(7.4	)%			30,697				(7.4	)%
Investment in Federal Reserve Bank Stock, at Cost			6,783				6,783				—				7,878				(13.9	)%			10,053				(32.5	)%
Bank-Owned Life Insurance			27,111				26,874				0.9	%			26,408				2.7	%			26,171				3.6	%
Income Taxes Receivable			9,188				9,697				(5.2	)%			56,554				(83.8	)%			34,908				(73.7	)%
Other Assets			17,341				16,477				5.2	%			13,425				29.2	%			13,843				25.3	%
TOTAL ASSETS		$	2,968,505			$	2,914,950				1.8	%		$	3,162,706				(6.1	)%		$	3,457,490				(14.1	)%
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Deposits:
Noninterest-Bearing		$	559,764			$	574,843				(2.6	)%		$	556,306				0.6	%		$	561,548				(0.3	)%
Interest-Bearing			1,967,622				2,000,271				(1.6	)%			2,193,021				(10.3	)%			2,430,312				(19.0	)%
Total Deposits			2,527,386				2,575,114				(1.9	)%			2,749,327				(8.1	)%			2,991,860				(15.5	)%
Accrued Interest Payable			13,727				14,024				(2.1	)%			12,606				8.9	%			19,730				(30.4	)%
Bank Acceptances Outstanding			1,375				1,072				28.3	%			994				38.3	%			1,859				(26.0	)%
Federal Home Loan Bank Advances			153,734				153,816				(0.1	)%			153,978				(0.2	)%			160,828				(4.4	)%
Other Borrowings			2,558				3,062				(16.5	)%			1,747				46.4	%			1,496				71.0	%
Junior Subordinated Debentures			82,406				82,406				—				82,406				—				82,406				—
Deferred Tax Liabilities			807				1,203				(32.9	)%			—				—				—				—
Accrued Expenses and Other Liabilities			13,880				11,073				25.3	%			11,904				16.6	%			12,191				13.9	%
Total Liabilities			2,795,873				2,841,770				(1.6	)%			3,012,962				(7.2	)%			3,270,370				(14.5	)%
Stockholders’ Equity			172,632				73,180				135.9	%			149,744				15.3	%			187,120				(7.7	)%
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$	2,968,505			$	2,914,950				1.8	%		$	3,162,706				(6.1	)%		$	3,457,490				(14.1	)%

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(Dollars in Thousands, Except Per Share Data)

		Three Months Ended																				Nine Months Ended
		Sept 30,				June 30,				%				Sept 30,				%				Sept 30,				Sept 30,				%
		2010				2010				Change				2009				Change				2010				2009				Change
INTEREST AND DIVIDEND INCOME:
Interest and Fees on Loans		$	33,681			$	34,486				(2.3	)%		$	42,705				(21.1	)%		$	104,862			$	132,508				(20.9	)%
Taxable Interest on Investment Securities			1,592				1,359				17.1	%			1,541				3.3	%			4,035				4,261				(5.3	)%
Interest on Interest-Bearing Deposits in Other Banks			165				99				66.7	%			68				—				319				81				—
Dividends on Federal Reserve Bank Stock			102				103				(1.0	)%			150				(32.0	)%			323				456				(29.2	)%
Tax-Exempt Interest on Investment Securities			62				77				(19.5	)%			607				(89.8	)%			216				1,871				(88.5	)%
Interest on Term Federal Funds Sold			32				11				—				293				(89.1	)%			29				1,688				—
Dividends on Federal Home Loan Bank Stock			33				20				65.0	%			64				(48.4	)%			74				64				15.6	%
Interest on Federal Funds Sold and Securities Purchased Under Resale Agreements			8				16				(50.0	)%			67				(88.1	)%			41				261				(84.3	)%
Total Interest and Dividend Income			35,675				36,171				(1.4	)%			45,495				(21.6	)%			109,899				141,190				(22.2	)%
INTEREST EXPENSE:
Interest on Deposits			8,299				8,813				(5.8	)%			17,365				(52.2	)%			26,816				62,836				(57.3	)%
Interest on Junior Subordinated Debentures			739				692				6.8	%			747				(1.1	)%			2,100				2,581				(18.6	)%
Interest on Federal Home Loan Bank Advances			342				339				0.9	%			865				(60.5	)%			1,027				2,987				(65.6	)%
Interest on Other Borrowings			22				31				(29.0	)%			—				—				53				2				—
Total Interest Expense			9,402				9,875				(4.8	)%			18,977				(50.5	)%			29,996				68,406				(56.2	)%
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES			26,273				26,296				(0.1	)%			26,518				(0.9	)%			79,903				72,784				9.8	%
Provision for Credit Losses			22,000				37,500				(41.3	)%			49,500				(55.6	)%			117,496				119,387				(1.6	)%
NET INTEREST INCOME (LOSS) AFTER PROVISION FOR CREDIT LOSSES			4,273				(11,204	)			(138.1	)%			(22,982	)			(118.6	)%			(37,593	)			(46,603	)			(19.3	)%
NON-INTEREST INCOME:
Service Charges on Deposit Accounts			3,442				3,602				(4.4	)%			4,275				(19.5	)%			10,770				13,032				(17.4	)%
Insurance Commissions			1,089				1,206				(9.7	)%			1,063				2.4	%			3,573				3,430				4.2	%
Remittance Fees			484				523				(7.5	)%			511				(5.3	)%			1,469				1,579				(7.0	)%
Other Service Charges and Fees			409				372				9.9	%			489				(16.4	)%			1,193				1,439				(17.1	)%
Trade Finance Fees			381				412				(7.5	)%			512				(25.6	)%			1,144				1,517				(24.6	)%
Bank-Owned Life Insurance Income			237				235				0.9	%			234				1.3	%			703				695				1.2	%
Net Gain on Sales of Loans			229				220				4.1	%			864				(73.5	)%			443				866				(48.8	)%
Net Gain on Sales of Investment Securities			4				8				(50.0	)%			—				—				117				1,168				(90.0	)%
Other Operating Income			186				99				87.9	%			265				(29.8	)%			731				545				34.1	%
Total Non-Interest Income			6,461				6,677				(3.2	)%			8,213				(21.3	)%			20,143				24,271				(17.0	)%
NON-INTEREST EXPENSE:
Salaries and Employee Benefits			9,552				9,011				6.0	%			8,648				10.5	%			27,349				24,659				10.9	%
Occupancy and Equipment			2,702				2,674				1.0	%			2,834				(4.7	)%			8,101				8,506				(4.8	)%
Other Real Estate Owned Expense			2,580				1,718				50.2	%			3,372				(23.5	)%			9,998				5,017				99.3	%
Deposit Insurance Premiums and Regulatory Assessments			2,253				4,075				(44.7	)%			2,001				12.6	%			8,552				7,420				15.3	%
Data Processing			1,446				1,487				(2.8	)%			1,608				(10.1	)%			4,432				4,691				(5.5	)%
Professional Fees			753				1,022				(26.3	)%			1,239				(39.2	)%			2,841				2,745				3.5	%
Directors and Officers Liability Insurance			716				716				—				293				—				2,149				881				—
Supplies and Communications			683				574				19.0	%			603				13.3	%			1,774				1,772				0.1	%
Advertising and Promotion			567				503				12.7	%			447				26.8	%			1,605				1,640				(2.1	)%
Loan-Related Expense			322				310				3.9	%			192				67.7	%			939				1,590				(40.9	)%
Amortization of Other Intangible Assets			273				301				(9.3	)%			379				(28.0	)%			902				1,214				(25.7	)%
Impairment Loss on Investment Securities			879				—				—				—				—				879				—				—
Other Operating Expenses			2,143				2,375				(9.8	)%			2,073				3.4	%			6,339				7,509				(15.6	)%
Total Non-Interest Expense			24,869				24,766				0.4	%			23,689				5.0	%			75,860				67,644				12.1	%
LOSS BEFORE PROVISION (BENEFIT) FOR INCOME TAXES			(14,135	)			(29,293	)			(51.7	)%			(38,458	)			(63.2	)%			(93,310	)			(89,976	)			3.7	%
Provision (Benefit) for Income Taxes			442				(36	)			—				21,207				—				11				(3,580	)			—
NET LOSS		$	(14,577	)		$	(29,257	)			(50.2	)%		$	(59,665	)			(75.6	)%		$	(93,321	)		$	(86,396	)			8.0	%

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
SELECTED FINANCIAL DATA (UNAUDITED)
(Dollars in Thousands)

		Three Months Ended																				Nine Months Ended
		Sept. 30,				June 30,				%				Sept. 30,				%				Sept. 30,				Sept 30,				%
		2010				2010				Change				2009				Change				2010				2009				Change
AVERAGE BALANCES:
Average Gross Loans, Net of Deferred Loan Fees		$	2,456,883			$	2,611,178				(5.9	)%		$	3,078,104				(20.20	)%		$	2,610,122			$	3,235,455				(19.3	)%
Average Investment Securities			223,709				158,543				41.1	%			209,021				7.0	%			169,558				190,243				(10.9	)%
Average Interest-Earning Assets			2,989,762				2,965,975				0.8	%			3,552,698				(15.80	)%			2,988,813				3,718,837				(19.6	)%
Average Total Assets			2,983,632				2,978,245				0.2	%			3,672,253				(18.8	)%			3,015,243				3,842,266				(21.5	)%
Average Deposits			2,559,116				2,617,738				(2.2	)%			3,100,419				(17.5	)%			2,612,891				3,174,880				(17.7	)%
Average Borrowings			239,992				240,189				(0.1	)%			297,455				(19.3	)%			245,708				374,139				(34.3	)%
Average Interest-Bearing Liabilities			2,238,036				2,292,121				(2.4	)%			2,844,821				(21.30	)%			2,296,599				3,013,651				(23.8	)%
Average Stockholders’ Equity			155,056				91,628				69.2	%			232,136				(33.2	)%			128,268				249,742				(48.6	)%
Average Tangible Equity			152,417				88,692				71.8	%			228,169				(33.2	)%			125,327				245,377				(48.9	)%
PERFORMANCE RATIOS (Annualized):
Return on Average Assets			(1.94	)%			(3.94	)%							(6.45	)%							(4.14	)%			(3.01	)%
Return on Average Stockholders’ Equity			(37.30	)%			(128.07	)%							(101.97	)%							(97.27	)%			(46.25	)%
Return on Average Tangible Equity			(37.94	)%			(132.31	)%							(103.75	)%							(99.55	)%			(47.08	)%
Efficiency Ratio			75.97	%			75.11	%							68.21	%							75.82	%			69.70	%
Net Interest Spread (1)			3.07	%			3.17	%							2.47	%							3.17	%			2.08	%
Net Interest Margin (1)			3.49	%			3.56	%							3.00	%							3.58	%			2.65	%
ALLOWANCE FOR LOAN LOSSES:
Balance at Beginning of Period		$	176,667			$	177,820				(0.6	)%		$	105,268				67.8	%		$	144,996			$	70,986				104.3	%
Provision Charged to Operating Expense			20,700				37,793				(45.2	)%			49,375				(58.1	)%			117,710				119,067				(1.1	)%
Charge-Offs, Net of Recoveries			(21,304	)			(38,946	)			(45.3	)%			(29,875	)			(28.7	)%			(86,643	)			(65,285	)			32.7	%
Balance at End of Period		$	176,063			$	176,667				(0.3	)%		$	124,768				41.1	%		$	176,063			$	124,768				41.1	%
Allowance for Loan Losses to Total Gross Loans			7.35	%			7.05	%							4.19	%							7.35	%			4.19	%
Allowance for Loan Losses to Total Non-Performing Loans			90.41	%			72.96	%							71.53	%							90.41	%			71.53	%
ALLOWANCE FOR OFF-BALANCE SHEET ITEMS:
Balance at Beginning of Period		$	2,362			$	2,655				(11.0	)%		$	4,291				(45.0	)%		$	3,876			$	4,096				(5.4	)%
Provision Charged to Operating Expense			1,300				(293	)			(543.7	)%			125				(535.0	)%			(214	)			320				(166.9	)%
Balance at End of Period		$	3,662			$	2,362				55.0	%		$	4,416				(17.1	)%		$	3,662			$	4,416				(17.1	)%

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
SELECTED FINANCIAL DATA (UNAUDITED) (Continued)
(Dollars in Thousands)

		Sept. 30,				June 30,				%				December 31,				%				Sept. 30,				%
		2010				2010				Change				2009				Change				2009				Change
NON-PERFORMING ASSETS:
Non-Accrual Loans		$	194,729			$	242,133				(19.6	)%		$	219,000				(11.1	)%		$	174,363				11.7	%
Loans 90 Days or More Past Due and Still Accruing			—				—				—				67				(100.0	)%			64				(100.0	)%
Total Non-Performing Loans			194,729				242,133				(19.6	)%			219,067				(11.1	)%			174,427				11.6	%
Other Real Estate Owned, Net			20,577				24,064				(14.5	)%			26,306				(21.8	)%			27,140				(24.2	)%
Total Non-Performing Assets		$	215,306			$	266,197				(19.1	)%		$	245,373				(12.3	)%		$	201,567				6.8	%
Total Non-Performing Loans/Total Gross Loans			8.13	%			9.67	%							7.77	%							5.85	%
Total Non-Performing Assets/Total Assets			7.25	%			9.13	%							7.76	%							5.83	%
Total Non-Performing Assets/Allowance for Loan Losses			122.3	%			191.6	%							138.9	%							161.6	%
DELINQUENT LOANS (Accrual Status)		$	23,896			$	21,702				10.1	%		$	41,151				(41.9	)%		$	28,472				(16.1	)%
Delinquent Loans (Accrual Status)/Total Gross Loans			1.00	%			0.87	%							1.64	%							0.96	%
LOAN PORTFOLIO:
Real Estate Loans		$	885,734			$	928,819				(4.6	)%		$	1,043,097				(15.1	)%		$	1,086,735				(18.5	)%
Commercial and Industrial Loans (2)			1,456,163				1,519,639				(4.2	)%			1,714,212				(15.1	)%			1,824,042				(20.2	)%
Consumer Loans			53,237				55,790				(4.6	)%			63,303				(15.9	)%			68,537				(22.3	)%
Total Gross Loans			2,395,134				2,504,248				(4.4	)%			2,820,612				(15.1	)%			2,979,314				(19.6	)%
Deferred Loan Fees			(843	)			(822	)			2.6	%			(1,552	)			(45.7	)%			(1,810	)			(53.4	)%
Gross Loans, Net of Deferred Loan Fees			2,394,291				2,503,426				(4.4	)%			2,819,060				(15.1	)%			2,977,504				(19.6	)%
Allowance for Loan Losses			(176,063	)			(176,667	)			(0.3	)%			(144,996	)			21.4	%			(124,768	)			41.1	%
Loans Receivable, Net		$	2,218,228			$	2,326,759				(4.7	)%		$	2,674,064				(17.0	)%		$	2,852,736				(22.2	)%
LOAN MIX:
Real Estate Loans			37.0	%			37.1	%							37.0	%							36.5	%
Commercial and Industrial Loans			60.8	%			60.7	%							60.8	%							61.2	%
Consumer Loans			2.2	%			2.2	%							2.2	%							2.3	%
Total Gross Loans			100.0	%			100.0	%							100.0	%							100.0	%
DEPOSIT PORTFOLIO:
Demand — Noninterest-Bearing		$	559,764			$	574,843				(2.6	)%		$	556,306				0.6	%		$	561,548				(0.3	)%
Savings			119,824				127,848				(6.3	)%			111,172				7.8	%			98,019				22.2	%
Money Market Checking and NOW Accounts			422,564				434,533				(2.8	)%			685,858				(38.4	)%			723,585				(41.6	)%
Time Deposits of $100,000 or More			1,126,760				1,117,025				0.9	%			815,190				38.2	%			845,318				33.3	%
Other Time Deposits			298,474				320,865				(7.0	)%			580,801				(48.6	)%			763,390				(60.9	)%
Total Deposits		$	2,527,386			$	2,575,114				(1.9	)%		$	2,749,327				(8.1	)%		$	2,991,860				(15.5	)%
DEPOSIT MIX:
Demand — Noninterest-Bearing			22.1	%			22.3	%							20.2	%							18.8	%
Savings			4.7	%			5.0	%							4.0	%							3.3	%
Money Market Checking and NOW Accounts			16.7	%			16.9	%							24.9	%							24.2	%
Time Deposits of $100,000 or More			44.6	%			43.4	%							29.7	%							28.3	%
Other Time Deposits			11.9	%			12.4	%							21.2	%							25.4	%
Total Deposits			100.0	%			100.0	%							100.0	%							100.0	%
CAPITAL RATIOS (Bank Only):
Total Risk-Based			11.61	%			7.35	%							9.69	%
Tier 1 Risk-Based			10.28	%			6.02	%							8.40	%
Tier 1 Leverage			8.26	%			4.99	%							7.05	%