Exhibit 99.1

Hanmi Financial Corporation Reports
Third-Quarter 2008 Financial Results

LOS ANGELES — October 23, 2008 — Hanmi Financial Corporation (NASDAQ:HAFC) (“we,” “our,” or “Hanmi”), the holding company for Hanmi Bank (the “Bank”), reported third-quarter net income of $4.3 million, or $0.09 per diluted share, compared to net income of $11.0 million, or $0.23 per diluted share, in the third quarter of 2007.

For the nine months ended September 30, 2008, Hanmi reported a net loss of $98.3 million, or ($2.14) per share, which includes a second-quarter non-cash goodwill impairment charge of $107.4 million, compared to net income of $39.3 million, or $0.81 per diluted share, in the first nine months of 2007. Excluding the second-quarter goodwill impairment charge, for the nine months ended September 30, 2008, non-GAAP net income was $9.1 million, or $0.20 per diluted share.

Commenting on the quarter, Jay S. Yoo, Hanmi’s President and Chief Executive Officer, noted that third-quarter net income of $4.3 million was more than double second-quarter non-GAAP net income of $1.8 million. “While the overall environment remains extremely challenging, we are pleased to report another profitable operating quarter,” said Yoo.

“We have spoken in the past of our focus on improving credit quality rather than growing the asset base, which in fact declined by $79.1 million to $3.77 billion at September 30 from June 30, 2008,” said Yoo. “Gross loans were essentially unchanged at $3.35 billion, but total deposits declined by $162.2 million, or 5.5 percent, to $2.80 billion from $2.96 billion at June 30. The decline in deposits mirrors the experience of many community banks and other financial institutions in a time of extraordinary turmoil in the credit markets.

“The restructuring program about which we spoke last quarter is complete, and in time we expect to realize measurable improvements in operating efficiency,” added Yoo. “Headcount has been reduced by approximately 10 percent, with a commensurate decrease in salaries and related overhead.”

“Consistent with our program to enhance credit quality, in August we were pleased to announce the appointment of John Park as Chief Credit Officer. John is an important addition to our senior management team. With this team,” concluded Yoo, “I believe we are well positioned to handle the challenges of what continues to be a very difficult environment for financial institutions.”

Results of Operations

At the end of this release is a table titled “Reconciliation of GAAP to Non-GAAP” that provides reconciliations between various GAAP and non-GAAP metrics — including non-interest expenses, net income and earnings per share — that exclude the effect of the second-quarter $107.4 million goodwill impairment charge for the nine-month period ended September 30, 2008. We have provided them in the belief that they can be useful in evaluating our core operating performance. All subsequent references to non-GAAP metrics are to these tables.

Net interest income before provision for credit losses increased by $1.5 million, or 4.5 percent, to $35.6 million, compared to $34.1 million in the second quarter of 2008. The provision for credit losses was $13.2 million in the third quarter of 2008 compared to $19.2 million in the second quarter and $8.5 million in the third quarter of 2007.

Total non-interest income in the third quarter of 2008 was $5.3 million compared to $9.7 million in the second quarter and $9.5 million a year ago. Second-quarter non-interest income included a gain on sales of loans of $552,000, for which there were no comparable sales in the third quarter. The sequential decline in non-interest income also reflects a loss on the sale of securities available for sale of $483,000, as well as an other-than-temporary impairment loss on securities of $2.6 million; the latter consists of an impairment loss of $2.4 million on a Lehman Brothers corporate bond, and an impairment loss of $212,000 on a Community Reinvestment Act (“CRA”) equity investment.

Total non-interest expenses in the third quarter of 2008 were $22.2 million compared to $129.4 million in the second quarter, which included the aforementioned non-cash impairment loss on goodwill, and $21.2 million a year ago; excluding the goodwill impairment charge, second-quarter 2008 non-GAAP non-interest expenses were $22.1 million. Total non-interest expenses include a total of $1.1 million in losses (included under “Other Operating Expenses”) related to a derivative transaction to which Lehman Brothers was a party.

For the third quarter of 2008, the efficiency ratio (non-interest expenses divided by the sum of net interest income before provision for credit losses and non-interest income) was 54.33 percent, compared to 296.07 percent, or 50.43 percent excluding the goodwill impairment charge in the second quarter, and 44.95 percent in the comparable period a year ago.

“The provision for credit losses is the product of a comprehensive evaluation of the loan portfolio, and it reflects in large part the economic stress under which some of our borrowers find themselves,” said Brian Cho, Chief Financial Officer. “However, we are encouraged by the fact that it is lower than in the prior quarter. The lower provision reflects improvements in some significant loans previously more adversely classified.” Third-quarter charge-offs, net of recoveries, were $11.8 million compared to $8.2 million in the prior quarter and $6.1 million in the third quarter of 2007. The third-quarter charge-offs included approximately $2.7 million related to the loans fully reserved in the prior quarter.

The yield on the loan portfolio was 6.68 percent, a decline of 10 basis points compared to the second quarter, when the yield was 6.78 percent. The decline in yield, however, was offset by a decline in the cost of average interest-bearing deposits, which decreased by 27 basis points to 3.43 percent from 3.70 percent in the second quarter. This contributed to an improvement in net interest margin, which in the third quarter was 3.90 percent compared to 3.75 percent in the second quarter of 2008.

Balance Sheet and Asset Quality

At September 30, 2008, total assets were $3.77 billion compared to $3.85 billion at June 30, 2008, a decrease of $79.1 million, or 2.1 percent. Gross loans were essentially unchanged at $3.35 billion at September 30, 2008. Total deposits declined by $162.2 million, or 5.5 percent, to $2.80 billion at September 30, 2008, compared to $2.96 billion at June 30, 2008. FHLB advances and other borrowings increased by $84.9 million, or 17.0 percent, to $585.0 million at September 30, 2008, compared to $500.1 million at June 30, 2008.

As of September 30, 2008, the allowance for loan losses was $63.9 million, or 1.91 percent of gross loans (57.16 percent of total non-performing loans), compared to $63.0 million, or 1.88 percent of gross loans (56.14 percent of total non-performing loans), at June 30, 2008, and $34.5 million, or 1.07 percent of gross loans (77.19 percent of total non-performing loans), at September 30, 2007.

Delinquent loans were $102.9 million (3.08 percent of total gross loans) at September 30, 2008, compared to $138.4 (4.12 percent of total gross loans) at June 30, 2008. Although non-performing loans as of September 30, 2008 were substantially unchanged from the prior quarter at $111.9 million (3.34 percent of gross loans), this amount included a $24 million loan which was brought current during the quarter.

Capital Adequacy

The Bank’s capital ratios exceed levels defined as “well-capitalized” by our regulators. At September 30, 2008, the Bank’s Tier 1 Leverage, Tier 1 Risk-Based Capital and Total Risk-Based Capital ratios were 8.97 percent, 9.57 percent and 10.84 percent, respectively, compared to 8.60 percent, 9.39 percent and 10.64 percent, respectively, at June 30, 2008. “We continue to monitor our capital adequacy and our ability to address the economic challenges that face most financial institutions in the United States,” said Yoo.

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 26 full-service offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and six loan production offices in Colorado, Georgia, Illinois, Texas, Virginia and Washington. Hanmi Bank specializes in commercial, Small Business Administration (“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.hanmifinancial.com.

This release includes non-GAAP net income, non-GAAP earnings per share data, shares used in non-GAAP earnings per share calculation and non-GAAP non-interest expenses. These non-GAAP measures are not in accordance with, or an alternative for, measures prepared in accordance with GAAP and may be different from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. We believe that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with our results of operations as determined in accordance with GAAP and that these measures should be used only to evaluate our results of operations in conjunction with the corresponding GAAP measures.

We believe that the presentation of non-GAAP net income, non-GAAP earnings per share data, non-GAAP performance ratios, shares used in non-GAAP earnings per share calculation, and non-GAAP non-interest expenses, when shown in conjunction with the corresponding GAAP measures, provides useful information to investors and management regarding financial and business trends relating to our financial condition and results of operations. In addition, we believe that the presentation of non-GAAP income provides useful information to investors and management regarding operating activities for the periods presented.

For the internal budgeting process, our management uses financial statements that do not include impairment losses on goodwill. Our management also uses the foregoing non-GAAP measures, in addition to the corresponding GAAP measures, in reviewing our financial results.

Forward-Looking Statements

This 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. 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: general economic and business conditions in those areas in which we operate; deterioration in the credit markets; availability of capital from private and government sources; demographic changes; competition for loans and deposits; fluctuations in interest rates; risks of natural disasters related to our real estate portfolio; risks associated with SBA loans; changes in governmental regulation; ability to receive regulatory approval for Hanmi Bank to declare dividends to Hanmi Financial; 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; the ability of borrowers to perform under the terms of their loans and other terms of credit agreements; our ability to successfully integrate acquisitions we may make; the availability of capital to fund the expansion of our business; and changes in securities markets. In addition, we set forth certain risks in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2007 and Quarterly Reports on Form 10-Q filed thereafter, 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.

Contact

Hanmi Financial Corporation

BRIAN E. CHO		STEPHANIE YOON
Chief Financial Officer		Investor Relations
(213) 368-3200		(213) 427-5631

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Dollars in Thousands)

		September 30,				December 31,				%				September 30,				%
		2008				2007				Change				2007				Change
ASSETS
Cash and Due from Banks		$	81,640			$	105,898				(22.9	)%		$	103,789				(21.3	)%
Federal Funds Sold			5,000				16,500				(69.7	)%			—				—
Cash and Cash Equivalents			86,640				122,398				(29.2	)%			103,789				(16.5	)%
Investment Securities			222,469				350,457				(36.5	)%			357,616				(37.8	)%
Loans:
Gross Loans, Net of Deferred Loan Fees			3,345,049				3,284,708				1.8	%			3,219,871				3.9	%
Allowance for Loan Losses			(63,948	)			(43,611	)			46.6	%			(34,503	)			85.3	%
Loans Receivable, Net			3,281,101				3,241,097				1.2	%			3,185,368				3.0	%
Customers’ Liability on Acceptances			7,382				5,387				37.0	%			5,357				37.8	%
Premises and Equipment, Net			20,703				20,800				(0.5	)%			20,597				0.5	%
Accrued Interest Receivable			13,801				17,411				(20.7	)%			17,619				(21.7	)%
Other Real Estate Owned			2,988				287				941.1	%			287				941.1	%
Servicing Assets			4,018				4,336				(7.3	)%			4,328				(7.2	)%
Goodwill			—				107,100				(100.0	)%			209,991				(100.0	)%
Other Intangible Assets			5,404				6,908				(21.8	)%			7,457				(27.5	)%
Federal Reserve Bank and Federal Home Loan Bank Stock			42,157				33,479				25.9	%			25,525				65.2	%
Bank-Owned Life Insurance			25,239				24,525				2.9	%			24,285				3.9	%
Other Assets			54,089				49,472				9.3	%			49,396				9.5	%
TOTAL ASSETS		$	3,765,991			$	3,983,657				(5.5	)%		$	4,011,615				(6.1	)%
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Deposits:
Noninterest-Bearing		$	634,593			$	680,282				(6.7	)%		$	690,513				(8.1	)%
Interest-Bearing			2,164,784				2,321,417				(6.7	)%			2,357,044				(8.2	)%
Total Deposits			2,799,377				3,001,699				(6.7	)%			3,047,557				(8.1	)%
Accrued Interest Payable			11,344				21,828				(48.0	)%			20,449				(44.5	)%
Acceptances Outstanding			7,382				5,387				37.0	%			5,357				37.8	%
FHLB Advances and Other Borrowings			584,972				487,164				20.1	%			361,344				61.9	%
Junior Subordinated Debentures			82,406				82,406				—				82,406				—
Other Liabilities			13,314				14,617				(8.9	)%			12,525				6.3	%
Total Liabilities			3,498,795				3,613,101				(3.2	)%			3,529,638				(0.9	)%
Stockholders’ Equity			267,196				370,556				(27.9	)%			481,977				(44.6	)%
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$	3,765,991			$	3,983,657				(5.5	)%		$	4,011,615				(6.1	)%

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,				%
		2008				2008				Change				2007				Change				2008				2007				Change
INTEREST AND DIVIDEND INCOME:
Interest and Fees on Loans		$	56,134			$	55,905				0.4	%		$	66,714				(15.9	)%		$	172,637			$	194,487				(11.2	)%
Taxable Interest on Investments			2,053				2,579				(20.4	)%			3,308				(37.9	)%			7,748				10,213				(24.1	)%
Tax-Exempt Interest on Investments			650				662				(1.8	)%			764				(14.9	)%			2,071				2,290				(9.6	)%
Dividends on FHLB and FRB Stock			581				486				19.5	%			350				66.0	%			1,481				1,055				40.4	%
Interest on Federal Funds Sold			23				31				(25.8	)%			61				(62.3	)%			137				963				(85.8	)%
Interest on Term Federal Funds Sold			—				—				—				—				—				—				5				(100.0	)%
Total Interest and Dividend Income			59,441				59,663				(0.4	)%			71,197				(16.5	)%			184,074				209,013				(11.9	)%
INTEREST EXPENSE:
Interest on Deposits			19,365				20,487				(5.5	)%			27,987				(30.8	)%			64,699				80,973				(20.1	)%
Interest on FHLB Advances and Other Borrowings			3,329				3,944				(15.6	)%			3,785				(12.0	)%			11,750				8,875				32.4	%
Interest on Junior Subordinated Debentures			1,150				1,164				(1.2	)%			1,675				(31.3	)%			3,763				4,974				(24.3	)%
Total Interest Expense			23,844				25,595				(6.8	)%			33,447				(28.7	)%			80,212				94,822				(15.4	)%
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES			35,597				34,068				4.5	%			37,750				(5.7	)%			103,862				114,191				(9.0	)%
Provision for Credit Losses			13,176				19,229				(31.5	)%			8,464				55.7	%			50,226				17,619				185.1	%
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES			22,421				14,839				51.1	%			29,286				(23.4	)%			53,636				96,572				(44.5	)%
NON-INTEREST INCOME:
Service Charges on Deposit Accounts			4,648				4,539				2.4	%			4,463				4.1	%			13,904				13,389				3.8	%
Insurance Commissions			1,194				1,384				(13.7	)%			1,131				5.6	%			3,893				3,535				10.1	%
Trade Finance Fees			784				825				(5.0	)%			1,082				(27.5	)%			2,474				3,549				(30.3	)%
Other Service Charges and Fees			433				703				(38.4	)%			691				(37.3	)%			1,852				1,881				(1.5	)%
Remittance Fees			499				539				(7.4	)%			512				(2.5	)%			1,543				1,503				2.7	%
Gain on Sales of Loans			—				552				(100.0	)%			523				(100.0	)%			765				3,685				(79.2	)%
Bank-Owned Life Insurance Income			241				234				3.0	%			234				3.0	%			715				693				3.2	%
Gain (Loss) on Sales of Securities Available for Sale			(483	)			—				—				—				—				135				—				—
Other-Than-Temporary Impairment Loss on Securities			(2,621	)			—				—				—				—				(2,621	)			—				—
Other Income			633				876				(27.7	)%			890				(28.9	)%			2,085				1,970				5.8	%
Total Non-Interest Income			5,328				9,652				(44.8	)%			9,526				(44.1	)%			24,745				30,205				(18.1	)%
NON-INTEREST EXPENSES:
Salaries and Employee Benefits			10,782				11,301				(4.6	)%			11,418				(5.6	)%			33,363				33,961				(1.8	)%
Occupancy and Equipment			2,786				2,792				(0.2	)%			2,657				4.9	%			8,360				7,740				8.0	%
Data Processing			1,498				1,698				(11.8	)%			1,540				(2.7	)%			4,730				4,768				(0.8	)%
Professional Fees			647				995				(35.0	)%			565				14.5	%			2,627				1,686				55.8	%
Advertising and Promotion			914				888				2.9	%			943				(3.1	)%			2,614				2,493				4.9	%
Supplies and Communications			681				623				9.3	%			704				(3.3	)%			2,008				1,996				0.6	%
Amortization of Other Intangible Assets			478				502				(4.8	)%			570				(16.1	)%			1,504				1,776				(15.3	)%
Impairment Loss on Goodwill			—				107,393				(100.0	)%			—				—				107,393				—				—
Other Operating Expenses			4,449				3,251				36.9	%			2,852				56.0	%			10,667				9,288				14.8	%
Total Non-Interest Expenses			22,235				129,443				(82.8	)%			21,249				4.6	%			173,266				63,708				172.0	%
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES			5,514				(104,952	)			(105.3	)%			17,563				(68.6	)%			(94,885	)			63,069				(250.4	)%
Provision for Income Taxes			1,166				595				96.0	%			6,536				(82.2	)%			3,393				23,788				(85.7	)%
NET INCOME (LOSS)		$	4,348			$	(105,547	)			(104.1	)%		$	11,027				(60.6	)%		$	(98,278	)		$	39,281				(350.2	)%
EARNINGS (LOSS) PER SHARE:
Basic		$	0.09			$	(2.30	)			(103.9	)%		$	0.23				(60.9	)%		$	(2.14	)		$	0.81				(364.2	)%
Diluted		$	0.09			$	(2.30	)			(103.9	)%		$	0.23				(60.9	)%		$	(2.14	)		$	0.81				(364.2	)%
WEIGHTED-AVERAGE SHARES OUTSTANDING:
Basic			45,881,549				45,881,549								47,355,143								45,869,069				48,232,464
Diluted			45,933,043				45,881,549								47,536,078								45,869,069				48,569,863
SHARES OUTSTANDING AT PERIOD-END			45,905,549				45,900,549								46,986,341								45,905,549				46,986,341

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

		Three Months Ended																				Nine Months Ended
		September 30,				June 30,				%				September 30,				%				September 30,				September 30,				%
		2008				2008				Change				2007				Change				2008				2007				Change
AVERAGE BALANCES:
Average Gross Loans, Net of Deferred Loan Fees		$	3,341,250			$	3,317,061				0.7	%		$	3,135,531				6.6	%		$	3,320,559			$	3,011,946				10.2	%
Average Investment Securities			244,027				296,790				(17.8	)%			360,626				(32.3	)%			294,130				374,209				(21.4	)%
Average Interest-Earning Assets			3,630,755				3,657,676				(0.7	)%			3,526,493				3.0	%			3,659,255				3,435,932				6.5	%
Average Total Assets			3,789,614				3,920,796				(3.3	)%			3,915,517				(3.2	)%			3,892,197				3,825,784				1.7	%
Average Deposits			2,895,746				2,882,506				0.5	%			3,016,118				(4.0	)%			2,924,416				2,976,676				(1.8	)%
Average Borrowings			590,401				621,239				(5.0	)%			367,605				60.6	%			588,267				308,406				90.7	%
Average Interest-Bearing Liabilities			2,835,917				2,851,021				(0.5	)%			2,683,930				5.7	%			2,861,288				2,575,061				11.1	%
Average Stockholders’ Equity			267,433				377,096				(29.1	)%			487,006				(45.1	)%			340,894				494,731				(31.1	)%
Average Tangible Equity			261,751				264,710				(1.1	)%			269,255				(2.8	)%			263,870				276,627				(4.6	)%
PERFORMANCE RATIOS:
Return on Average Assets			0.46	%			(10.83	)%							1.12	%							(3.37	)%			1.37	%
Return on Average Stockholders’ Equity			6.47	%			(112.57	)%							8.98	%							(38.51	)%			10.62	%
Return on Average Tangible Equity			6.61	%			(160.37	)%							16.25	%							(49.75	)%			18.99	%
Efficiency Ratio			54.33	%			296.07	%							44.95	%							134.73	%			44.12	%
Net Interest Spread			3.17	%			2.95	%							3.07	%							2.98	%			3.21	%
Net Interest Margin			3.90	%			3.75	%							4.25	%							3.79	%			4.44	%
ALLOWANCE FOR LOAN LOSSES:
Balance at the Beginning of Period		$	62,977			$	52,986				18.9	%		$	32,190				95.6	%		$	43,611			$	27,557				58.3	%
Provision Charged to Operating Expense			12,802				18,211				(29.7	)%			8,397				52.5	%			47,685				17,952				165.6	%
Charge-Offs, Net of Recoveries			(11,831	)			(8,220	)			43.9	%			(6,084	)			94.5	%			(27,348	)			(11,006	)			148.5	%
Balance at End of Period		$	63,948			$	62,977				1.5	%		$	34,503				85.3	%		$	63,948			$	34,503				85.3	%
Allowance for Loan Losses to Total Gross Loans			1.91	%			1.88	%							1.07	%							1.91	%			1.07	%
Allowance for Loan Losses to Total Non-Performing Loans			57.16	%			56.14	%							77.19	%							57.16	%			77.19	%
ALLOWANCE FOR OFF-BALANCE SHEET ITEMS:
Balance at the Beginning of Period		$	3,932			$	2,914				34.9	%		$	1,730				127.3	%		$	1,765			$	2,130				(17.1	)%
Provision Charged to Operating Expense			374				1,018				(63.3	)%			67				(194.5	)%			2,541				(333	)			(863.1	)%
Balance at End of Period		$	4,306			$	3,932				9.5	%		$	1,797				139.6	%		$	4,306			$	1,797				139.6	%

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

		September 30,				December 31,				%				September 30,				%
		2008				2007				Change				2007				Change
NON-PERFORMING ASSETS:
Non-Accrual Loans		$	111,335			$	54,252				105.2	%		$	44,497				150.2	%
Loans 90 Days or More Past Due and Still Accruing			535				227				135.7	%			199				168.8	%
Total Non-Performing Loans			111,870				54,479				105.3	%			44,696				150.3	%
Other Real Estate Owned			2,988				287				941.1	%			287				941.1	%
Total Non-Performing Assets		$	114,858			$	54,766				109.7	%		$	44,983				155.3	%
Total Non-Performing Loans/Total Gross Loans			3.34	%			1.66	%							1.39	%
Total Non-Performing Assets/Total Assets			3.05	%			1.37	%							1.12	%
Total Non-Performing Assets/Allowance for Loan Losses			179.6	%			125.6	%							130.4	%
DELINQUENT LOANS		$	102,917			$	45,086				128.3	%		$	54,954				87.3	%
Delinquent Loans/Total Gross Loans			3.08	%			1.37	%							1.71	%
LOAN PORTFOLIO:
Real Estate Loans		$	1,166,436			$	1,101,907				5.9	%		$	1,099,100				6.1	%
Commercial and Industrial Loans			2,096,222				2,094,719				0.1	%			2,033,009				3.1	%
Consumer Loans			84,031				90,449				(7.1	)%			90,416				(7.1	)%
Total Gross Loans			3,346,689				3,287,075				1.8	%			3,222,525				3.9	%
Deferred Loan Fees			(1,640	)			(2,367	)			(30.7	)%			(2,654	)			(38.2	)%
Gross Loans, Net of Deferred Loan Fees			3,345,049				3,284,708				1.8	%			3,219,871				3.9	%
Allowance for Loan Losses			(63,948	)			(43,611	)			46.6	%			(34,503	)			85.3	%
Loans Receivable, Net		$	3,281,101			$	3,241,097				1.2	%		$	3,185,368				3.0	%
LOAN MIX:
Real Estate Loans			34.9	%			33.5	%							34.1	%
Commercial and Industrial Loans			62.6	%			63.7	%							63.1	%
Consumer Loans			2.5	%			2.8	%							2.8	%
Total Gross Loans			100.0	%			100.0	%							100.0	%
DEPOSIT PORTFOLIO:
Noninterest-Bearing		$	634,593			$	680,282				(6.7	)%		$	690,513				(8.1	)%
Savings			86,157				93,099				(7.5	)%			94,150				(8.5	)%
Money Market Checking and NOW Accounts			597,065				445,806				33.9	%			476,257				25.4	%
Time Deposits of $100,000 or More			655,659				1,441,683				(54.5	)%			1,474,764				(55.5	)%
Other Time Deposits			825,903				340,829				142.3	%			311,873				164.8	%
Total Deposits		$	2,799,377			$	3,001,699				(6.7	)%		$	3,047,557				(8.1	)%
DEPOSIT MIX:
Noninterest-Bearing			22.7	%			22.7	%							22.7	%
Savings			3.1	%			3.1	%							3.1	%
Money Market Checking and NOW Accounts			21.3	%			14.9	%							15.6	%
Time Deposits of $100,000 or More			23.4	%			48.0	%							48.4	%
Other Time Deposits			29.5	%			11.3	%							10.2	%
Total Deposits			100.0	%			100.0	%							100.0	%

     

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
AVERAGE BALANCES, AVERAGE YIELDS EARNED AND AVERAGE RATES PAID (UNAUDITED)
(Dollars in Thousands)

																		Three Months Ended																				Nine Months Ended
		September 30, 2008												June 30, 2008												September 30, 2007												September 30, 2008												September 30, 2007
						Interest				Average								Interest				Average								Interest				Average								Interest				Average								Interest				Average
		Average				Income/				Yield/				Average				Income/				Yield/				Average				Income/				Yield/				Average				Income/				Yield/				Average				Income/				Yield/
		Balance				Expense				Rate				Balance				Expense				Rate				Balance				Expense				Rate				Balance				Expense				Rate				Balance				Expense				Rate
INTEREST-EARNING ASSETS
Loans:
Real Estate Loans:
Commercial Property		$	867,684			$	14,604				6.70	%		$	804,745			$	13,810				6.90	%		$	775,605			$	15,678				8.02	%		$	821,097			$	42,894				6.98	%		$	765,880			$	46,380				8.10	%
Construction			199,969				2,539				5.05	%			208,074				2,649				5.12	%			227,779				4,814				8.38	%			208,519				8,081				5.18	%			218,693				14,889				9.10	%
Residential Property			90,739				1,209				5.30	%			89,949				1,205				5.39	%			87,864				1,124				5.08	%			90,069				3,584				5.32	%			86,505				3,378				5.22	%
Total Real Estate Loans			1,158,392				18,352				6.30	%			1,102,768				17,664				6.44	%			1,091,248				21,616				7.86	%			1,119,685				54,559				6.51	%			1,071,078				64,647				8.07	%
Commercial and Industrial Loans			2,099,708				36,128				6.85	%			2,127,882				36,236				6.85	%			1,951,478				43,169				8.78	%			2,114,974				112,416				7.10	%			1,846,247				123,143				8.92	%
Consumer Loans			85,021				1,495				7.00	%			88,491				1,596				7.25	%			94,751				1,798				7.53	%			87,920				4,789				7.28	%			96,839				5,987				8.27	%
Total Gross Loans			3,343,121				55,975				6.66	%			3,319,141				55,496				6.72	%			3,137,477				66,583				8.42	%			3,322,579				171,764				6.91	%			3,014,164				193,777				8.60	%
Prepayment Penalty Income			—				159				—				—				409				—				—				131				—				—				873				—				—				710				—
Unearned Income on Loans, Net of Costs			(1,871	)			—				—				(2,080	)			—				—				(1,946	)			—				—				(2,020	)			—				—				(2,218	)			—				—
Gross Loans, Net			3,341,250				56,134				6.68	%			3,317,061				55,905				6.78	%			3,135,531				66,714				8.44	%			3,320,559				172,637				6.94	%			3,011,946				194,487				8.63	%
Investment Securities:
Municipal Bonds			60,979				650				4.26	%			63,177				662				4.19	%			70,984				764				4.31	%			65,329				2,071				4.23	%			71,883				2,290				4.25	%
U.S. Government Agency Securities			46,777				483				4.13	%			84,088				884				4.21	%			119,704				1,286				4.30	%			80,120				2,612				4.35	%			118,894				3,775				4.23	%
Mortgage-Backed Securities			83,460				994				4.76	%			91,488				1,076				4.70	%			101,688				1,237				4.87	%			90,652				3,246				4.77	%			110,656				3,958				4.77	%
Collateralized Mortgage Obligations			41,266				441				4.27	%			46,411				487				4.20	%			55,619				612				4.40	%			45,853				1,462				4.25	%			59,977				1,960				4.36	%
Corporate Bonds			7,751				89				4.59	%			7,779				89				4.58	%			7,811				89				4.56	%			8,344				287				4.59	%			7,862				268				4.55	%
Other Securities			3,794				42				4.43	%			3,847				42				4.37	%			4,820				84				6.97	%			3,832				136				4.73	%			4,937				252				6.81	%
Total Investment Securities			244,027				2,699				4.42	%			296,790				3,240				4.37	%			360,626				4,072				4.52	%			294,130				9,814				4.45	%			374,209				12,503				4.45	%
Other Interest-Earning Assets:
Equity Securities (includes FHLB and FRB Stock)			39,929				581				5.82	%			38,031				486				5.11	%			25,431				350				5.51	%			37,160				1,481				5.31	%			25,244				1,055				5.57	%
Federal Funds Sold			4,797				23				1.92	%			5,621				31				2.21	%			4,905				61				4.97	%			7,096				137				2.57	%			24,405				963				5.26	%
Term Federal Funds Sold			—				—				—				—				—				—				—				—				—				—				—				—				128				5				5.21	%
Interest-Earning Deposits			752				4				2.13	%			173				1				2.31	%			—				—				—				310				5				2.15	%			—				—				—
Total Other Interest-Earning Assets			45,478				608				5.35	%			43,825				518				4.73	%			30,336				411				5.42	%			44,566				1,623				4.86	%			49,777				2,023				5.42	%
TOTAL INTEREST-EARNING ASSETS		$	3,630,755			$	59,441				6.51	%		$	3,657,676			$	59,663				6.56	%		$	3,526,493			$	71,197				8.01	%		$	3,659,255			$	184,074				6.72	%		$	3,435,932			$	209,013				8.13	%
INTEREST-BEARING LIABILITIES
Interest-Bearing Deposits:
Savings		$	91,465			$	533				2.32	%		$	91,803			$	527				2.31	%		$	95,147			$	567				2.36	%		$	91,910			$	1,587				2.31	%		$	98,440			$	1,530				2.08	%
Money Market Checking and NOW Accounts			693,718				5,579				3.20	%			718,257				5,707				3.20	%			471,756				4,164				3.50	%			656,625				15,946				3.24	%			444,173				11,302				3.40	%
Time Deposits of $100,000 or More			903,895				8,063				3.55	%			1,098,990				11,040				4.04	%			1,438,711				19,263				5.31	%			1,118,331				34,790				4.16	%			1,418,825				56,539				5.33	%
Other Time Deposits			556,438				5,190				3.71	%			320,732				3,213				4.03	%			310,711				3,993				5.10	%			406,155				12,376				4.07	%			305,217				11,602				5.08	%
Total Interest-Bearing Deposits			2,245,516				19,365				3.43	%			2,229,782				20,487				3.70	%			2,316,325				27,987				4.79	%			2,273,021				64,699				3.80	%			2,266,655				80,973				4.78	%
Borrowings:
FHLB Advances and Other Borrowings			507,995				3,329				2.61	%			538,833				3,944				2.94	%			285,199				3,785				5.27	%			505,861				11,750				3.10	%			226,000				8,875				5.25	%
Junior Subordinated Debentures			82,406				1,150				5.55	%			82,406				1,164				5.68	%			82,406				1,675				8.06	%			82,406				3,763				6.10	%			82,406				4,974				8.07	%
Total Borrowings			590,401				4,479				3.02	%			621,239				5,108				3.31	%			367,605				5,460				5.89	%			588,267				15,513				3.52	%			308,406				13,849				6.00	%
TOTAL INTEREST-BEARING LIABILITIES		$	2,835,917			$	23,844				3.34	%		$	2,851,021			$	25,595				3.61	%		$	2,683,930			$	33,447				4.94	%		$	2,861,288			$	80,212				3.74	%		$	2,575,061			$	94,822				4.92	%
NET INTEREST INCOME						$	35,597											$	34,068											$	37,750											$	103,862											$	114,191
NET INTEREST SPREAD											3.17	%											2.95	%											3.07	%											2.98	%											3.21	%
NET INTEREST MARGIN											3.90	%											3.75	%											4.25	%											3.79	%											4.44	%