EXHIBIT 99.1

Hanmi Earns $10.1 Million in the First Quarter of 2013 and Pre-Tax Income Doubles; Setting a Solid Platform for Growth

LOS ANGELES, April 25, 2013 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq:HAFC), the holding company for Hanmi Bank (the "Bank"), today reported a net income of $10.1 million, or $0.32 per diluted share, for the first quarter of 2013, compared to $7.3 million, or $0.23 per diluted share, for the first quarter of 2012. In the fourth quarter of 2012, Hanmi earned $14.0 million, or $0.44 per diluted share, which included the effect of the reversal of a $5.5 million deferred tax asset ("DTA") valuation allowance. Income before tax nearly doubled to $14.8 million in the first quarter of 2013 from $7.4 million in the first quarter of 2012. The increase in Hanmi's earnings is based on solid loan production, increasing core deposits, and improving asset quality and operating efficiencies. Tangible book value increased 32.3% and 2.6% to $12.28 per share at March 31, 2013 from $9.28 per share at March 31, 2012 and $11.97 per share at December 31, 2012, respectively.

"We started 2013 with solid performance in the first quarter, mainly attributable to increased loan production and continuing improvement in asset quality, and are confident that Hanmi will deliver another year of improved operating performance in 2013," said Jay S. Yoo, President and Chief Executive Officer. "As one of our organic growth initiatives to penetrate new markets, we recently hired an experienced SBA lender with a proven track record to lead our expansion efforts in the Texas SBA market. We anticipate that our new Texas loan production office will open in the second quarter of 2013, and will start to contribute to revenues in the second half of the year."

"To reduce excess liquidity and improve profitability, the redemption of $30 million of trust preferred securities ("TPS") was completed on March 15, 2013," said Yoo. "We redeemed an additional $30 million of TPS on April 15, 2013 and expect to reduce the remaining $20 million by the end of April. The full redemption of these securities will improve our net interest margin by saving more than $2.5 million in annual interest expense."

First Quarter Results      
(In Thousands, Except Per Share Data)      
       
   As of or for the Three Months Ended 
  March 31, December 31, March 31,
  2013 2012 2012
       
Net Income  $ 10,110  $ 13,979  $ 7,341
Net Income Per Diluted Common Share  $ 0.32  $ 0.44  $ 0.23
       
Total Assets  $ 2,792,423  $ 2,882,520  $ 2,771,471
Net Loans  $ 2,061,156  $ 1,986,051  $ 1,896,827
Total Deposits  $ 2,333,012  $ 2,395,963  $ 2,363,726
       
Return on Average Assets 1.45% 1.94% 1.08%
Return on Average Stockholders' Equity 10.71% 15.02% 10.21%
Net Interest Margin 3.86% 3.86% 3.69%
Efficiency Ratio 56.44% 57.66% 66.56%
       
Tangible Common Equity to Tangible Assets Ratio 13.89% 13.09% 10.55%
Tangible Common Equity Per Common Share  $ 12.28  $ 11.97  $ 9.28
       
Classified Assets  $ 96,047  $ 101,172  $ 230,706
Classified Assets to Bank Tier 1 Capital and ALLL 21.15% 21.57% 54.00%

Financial Highlights (at or for the period ended March 31, 2013)

Results of Operations

Net interest income before the provision for credit losses totaled $25.6 million for the first quarter of 2013, down 3.1% from $26.4 million for the fourth quarter of 2012, and up 4.4% from $24.5 million for the first quarter of 2012. Interest and dividend income decreased 2.5% from the fourth quarter of 2012 and 3.0% from the first quarter of 2012, while interest expense increased 2.2% from the fourth quarter of 2012 and decreased 34.2% from the first quarter of 2012.  

NIM was 3.86% for the first quarter of 2013, even with the fourth quarter of 2012, and up 17 basis points from the first quarter of 2012. "Continued loan production along with reduced excess liquidity is contributing to a stable NIM," said Mark Yoon, Senior Vice President and Chief Financial Officer. The following table details the asset yields, liability costs, spread and margin.

   Three Months Ended
  March 31, December 31, March 31,
  2013 2012 2012
       
Total Interest-Earning Assets 4.43% 4.40% 4.56%
Total Interest-Bearing Liability 0.89% 0.83% 1.30%
Net Interest Spread 3.54% 3.57% 3.26%
Net Interest Margin 3.86% 3.86% 3.69%

Asset quality ratios continued to show improvement in the first quarter with the continuing downward trend in non-performing assets to total assets of 1.21% as of March 31, 2013 compared to 1.32% as of December 31, 2012. Allowance for loan losses ("ALLL") to non-performing loans ("NPLs") rose to 186.03% as of March 31, 2013 compared to 169.81% as of December 31, 2012. There was no provision for credit losses for the three months ended March 31, 2013 and December 31, 2012 compared to a $2.0 million provision for the three months ended March 31, 2012. 

Non-interest income in the first quarter of 2013 increased to $8.4 million, up from $7.5 million in the fourth quarter of 2012 and $3.6 million in the first quarter of 2012, due mainly to higher gain on sales of SBA loans and lower net losses recognized from selling NPLs.  

Non-interest expense in the first quarter of 2013 was $19.2 million, down from $19.5 million in the fourth quarter of 2012, reflecting lower deposit insurance premiums and regulatory assessments, partially offset by higher professional fees. For the first quarter of 2013, deposit insurance premiums and regulatory assessments were down more than $1.0 million from the fourth quarter of 2012 and $1.2 million from the first quarter of 2012, due mainly to a lower premium assessment resulting from our improved overall financial conditions. Professional fees increased in the first quarter of 2013, due mainly to costs associated with the strategic option considered in the beginning of the year as well as legal fees incurred in defending lawsuits in the ordinary course of business. 

Balance Sheet

Assets totaled $2.79 billion at March 31, 2013, down 3.1% from $2.88 billion at December 31, 2012, and up 0.8% from $2.77 billion at March 31, 2012. "We remain focused on right-sizing our balance sheet through redeployment of excess liquidity, which will temporarily reduce the size of total assets, but will result in better profitability," said Yoon.

In the first quarter of 2013, Hanmi produced 164 new loans totaling $178.6 million, of which $36.1 million were Small Business Administration ("SBA") loans, $138.0 million were commercial real estate loans, $4.3 million were commercial term loans and lines of credit, and $201,000 were consumer loans. Overall loan production was down 14.4% from the fourth quarter of 2012 and up 11.7% from the first quarter of 2012. The decreased loan production was primarily attributable to a seasonal falloff. "Our goal is to grow loan portfolio 8% this year, while diversifying it. Despite intense competition, we expect that loan production will ramp up in the coming quarters," said Yoon. 

Loans receivable, excluding loans held for sale, increased to $2.06 billion at March 31, 2013, up 3.8% from $1.99 billion at December 31, 2012, and 8.7% from $1.90 billion at March 31, 2012.  Loans held for sale totaled $6.0 million at March 31, 2013, down from $8.3 million at December 31, 2012, and from $56.0 million at March 31, 2012. Average gross loans, net of deferred loan fees, increased to $2.07 billion for the first quarter of 2013, up from $2.03 billion for the fourth quarter of 2012, and $1.99 billion for the first quarter of 2012.

Average deposits for the first quarter of 2013 were $2.35 billion, down from $2.39 billion for the fourth quarter of 2012, and up from $2.34 billion for the first quarter of 2012. The overall mix of funding continued to improve with time deposits declining and low- and no-cost transaction account balances increasing. "Our deposits were down for the quarter due mainly to a decrease of $59.0 million in Jumbo CDs, which includes $28.5 million of CDs raised from Internet listing services, but our core deposits continued to grow as a percent of deposits," Yoon noted. The deposit mix for the past year is detailed in the table below.  

  March 31,  December 31, March 31, 
  2013 2012 2012
       
Demand - Noninterest-Bearing 30.5% 30.1% 29.8%
Savings 4.9% 4.8% 4.6%
Money Market Checking and NOW Accounts 24.8% 24.0% 21.9%
Time Deposits of $100,000 or More 23.9% 25.7% 29.1%
Other Time Deposits 15.9% 15.4% 14.6%
Total Deposits 100.0% 100.0% 100.0%

At March 31, 2013, total stockholders' equity was $389.1 million. Tangible common stockholders' equity was $387.8 million at March 31, 2013, or 13.89% of tangible assets, compared to $377.0 million, or 13.09% of tangible assets, at December 31, 2012, and $292.3 million, or 10.55% of tangible assets, at March 31, 2012. Tangible book value per share was $12.28 at March 31, 2013, up 2.6% from $11.97 at December 31, 2012, and 32.3% from $9.28 at March 31, 2012.

Asset Quality

NPLs, excluding loans held for sale, decreased to $32.9 million at March 31, 2013, down 11.8% from $37.3 million at December 31, 2012, and down 34.5% from $50.2 million at March 31, 2012. Troubled debt restructurings ("TDRs"), totaled $31.7 million at March 31, 2013, down from $35.7 million at December 31, 2012, and $41.5 million at March 31, 2012. Of these TDRs, $17.0 million are NPLs. Two loans of NPLs in the aggregate amount of $2.3 million were recorded at the lower of cost or fair value and classified as loans held for sale at March 31, 2013.  The following table shows NPLs in each category:

  March 31, 2013 December 31, 2012 March 31, 2012
    % to Total   % to Total   % to Total
   Amount  NPL  Amount  NPL  Amount  NPL
       (In Thousands)     
Real Estate Loans:            
Commercial Property            
Retail  $ 950 2.9%  $ 1,079 2.9%  $ 1,327 2.6%
Land  1,687 5.1%  2,097 5.6%  2,187 4.4%
Other  --  0.0%  --  0.0%  1,454 2.9%
Construction  --  0.0%  --  0.0%  8,157 16.2%
Residential Property  1,638 5.0%  1,270 3.4%  1,524 3.0%
Commercial & Industrial Loans:            
Commercial Term Loans            
Unsecured  7,253 22.1%  8,311 22.3%  6,942 13.8%
Secured by Real Estate  6,353 19.3%  8,679 23.3%  9,837 19.6%
Commercial Lines of Credit  1,505 4.6%  1,521 4.1%  1,610 3.2%
SBA  11,852 36.0%  12,563 33.7%  16,648 33.2%
Consumer Loans  1,655 5.0%  1,759 4.7%  528 1.1%
Total Non-Performing Loans  $ 32,893 100.0%  $ 37,279 100.0%  $ 50,214 100.0%

"As anticipated, continuing improvement in asset quality has resulted in a reduction of problem loan sales in the first quarter of 2013. The first quarter NPL sales totaled $1.6 million," said J.H. Son, Executive Vice President and Chief Credit Officer. "More importantly, the losses associated with our loan sales strategy are significantly lower than they have been in previous years, which indicate that our strategy to sell loans, before they are moved into foreclosure, has been effective." Classified loans were $95.1 million, or 4.5% of gross loans, at March 31, 2013, down from $100.4 million, or 4.9% of gross loans, at December 31, 2012, and $229.5 million, or 11.6% of gross loans, at March 31, 2012.    

Delinquent loans that are less than 90 days past due and still accruing interest increased to $6.4 million at March 31, 2013, or 0.30% of gross loans, up from $2.4 million, or 0.12% of gross loans, at December 31, 2012. "The incidental uptick in delinquent loans is a temporary setback due to administrative delays and is expected to decrease again in the second quarter of 2013 with diligent monitoring and collection efforts," said Son. At March 31, 2013, ALLL was $61.2 million, or 2.88% of gross loans and 186.0% of NPLs, compared to 4.10% of gross loans and 161.4% of NPLs at March 31, 2012. For the first quarter of 2013, net charge-offs were $2.3 million, down from $3.2 million for the fourth quarter of 2012, and $11.3 million for the first quarter of 2012.  

Conference Call Information  

Management will host a conference call today, April 25, 2013, at 1:30 p.m. Pacific Time (4:30 p.m. ET) to discuss these results. This call will also be broadcast live via the internet. Investment professionals and all current and prospective stockholders are invited to access the live call by dialing 1-480-629-9643 at 1:30 p.m. Pacific Time, using access code HANMI. To listen to the call online, either live or archived, visit the Investor Relations page of Hanmi's website at www.hanmi.com.

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 stockholder value.

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 capital plans, strategic alternatives for a possible business combination, merger or sale transaction 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: 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 Hanmi Financial; ability to identify a suitable strategic partner or to consummate a strategic transaction; 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 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, in Item 1A of our Form 10-K for the year ended December 31, 2012, our quarterly reports on Form 10-Q, and current and periodic reports that we will file with the SEC 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.

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES          
CONSOLIDATED BALANCE SHEETS (UNAUDITED)          
(In Thousands)          
           
  March 31, December 31, Percentage March 31, Percentage
  2013 2012 Change 2012 Change
ASSETS          
Cash and Due From Banks  $ 69,642  $ 92,350 -24.6%  $ 68,093 2.3%
Interest-Bearing Deposits in Other Banks  75,657  175,697 -56.9%  92,149 -17.9%
Cash and Cash Equivalents  145,299  268,047 -45.8%  160,242 -9.3%
Restricted Cash  --  5,350 -100.0%  1,818 -100.0%
Term Federal Funds Sold  --  --  0.0%  120,000 -100.0%
Securities Available for Sale, at Fair Value  419,903  451,060 -6.9%  355,837 18.0%
Securities Held to Maturity, at Amortized Cost  --  --  0.0%  59,472 -100.0%
Loans Held for Sale, at the Lower of Cost or Fair Value  6,043  8,306 -27.2%  55,993 -89.2%
Loans Receivable, Net of Allowance for Loan Losses   2,061,156  1,986,051 3.8%  1,896,827 8.7%
Accrued Interest Receivable  7,526  7,581 -0.7%  7,969 -5.6%
Premises and Equipment, Net  14,792  15,150 -2.4%  16,272 -9.1%
Other Real Estate Owned, Net  900  774 16.3%  1,260 -28.6%
Customers' Liability on Acceptances  2,170  1,336 62.4%  1,539 41.0%
Servicing Assets  6,004  5,542 8.3%  3,515 70.8%
Other Intangible Assets, Net  1,294  1,335 -3.1%  1,462 -11.5%
Investment in Federal Home Loan Bank Stock, at Cost  16,014  17,800 -10.0%  21,761 -26.4%
Investment in Federal Reserve Bank Stock, at Cost  12,222  12,222 0.0%  8,558 42.8%
Income Tax Asset  57,084  60,028 -4.9%  11,501 396.3%
Bank-Owned Life Insurance  29,284  29,054 0.8%  28,344 3.3%
Prepaid Expenses  2,676  2,084 28.4%  3,204 -16.5%
Other Assets  10,056  10,800 -6.9%  15,897 -36.7%
TOTAL ASSETS  $ 2,792,423  $ 2,882,520 -3.1%  $ 2,771,471 0.8%
           
LIABILITIES AND STOCKHOLDERS' EQUITY          
LIABILITIES:          
Deposits:          
Noninterest-Bearing  $ 709,650  $ 720,931 -1.6%  $ 704,061 0.8%
Interest-Bearing  1,623,362  1,675,032 -3.1%  1,659,665 -2.2%
Total Deposits  2,333,012  2,395,963 -2.6%  2,363,726 -1.3%
Accrued Interest Payable  3,192  11,775 -72.9%  15,602 -79.5%
Bank's Liability on Acceptances  2,170  1,336 62.4%  1,539 41.0%
Federal Home Loan Bank Advances  2,840  2,935 -3.2%  3,213 -11.6%
Junior Subordinated Debentures  51,478  82,406 -37.5%  82,406 -37.5%
Accrued Expenses and Other Liabilities  10,626  9,741 9.1%  11,267 -5.7%
TOTAL LIABILITIES  2,403,318  2,504,156 -4.0%  2,477,753 -3.0%
           
STOCKHOLDERS' EQUITY:          
Common Stock  257  257 0.0%  257 0.0%
Additional Paid-In Capital  551,064  550,123 0.2%  549,811 0.2%
Unearned Compensation  (44)  (57) -22.8%  (141) -68.8%
Accumulated Other Comprehensive Income  5,095  5,418 -6.0%  4,201 21.3%
Accumulated Deficit  (97,409)  (107,519) -9.4%  (190,552) -48.9%
Less Treasury Stock  (69,858)  (69,858) 0.0%  (69,858) 0.0%
TOTAL STOCKHOLDERS' EQUITY  389,105  378,364 2.8%  293,718 32.5%
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY  $ 2,792,423  $ 2,882,520 -3.1%  $ 2,771,471 0.8%
           
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES          
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)          
(In Thousands, Except Per Share Data)          
           
   Three Months Ended 
  March 31, December 31, Percentage March 31, Percentage
  2013 2012 Change 2012 Change
INTEREST AND DIVIDEND INCOME:          
Interest and Fees on Loans  $ 26,799  $ 27,418 -2.3%  $ 27,542 -2.7%
Taxable Interest on Investment Securities  2,116  2,138 -1.0%  2,098 0.9%
Tax-Exempt Interest on Investment Securities  95  95 0.0%  102 -6.9%
Interest on Term Federal Funds Sold  --  22 -100.0%  325 -100.0%
Interest on Federal Funds Sold  6  7 -14.3%  2 200.0%
Interest on Interest-Bearing Deposits in Other Banks  88  153 -42.5%  68 29.4%
Dividends on Federal Reserve Bank Stock  183  179 2.2%  128 43.0%
Dividends on Federal Home Loan Bank Stock  108  127 -15.0%  29 272.4%
Total Interest and Dividend Income  29,395  30,139 -2.5%  30,294 -3.0%
INTEREST EXPENSE:          
Interest on Deposits  3,159  3,366 -6.1%  4,919 -35.8%
Interest on Federal Home Loan Bank Advances  38  39 -2.6%  43 -11.6%
Interest on Junior Subordinated Debentures  594  303 96.0%  799 -25.7%
Total Interest Expense  3,791  3,708 2.2%  5,761 -34.2%
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES  25,604  26,431 -3.1%  24,533 4.4%
Provision for Credit Losses  --  --  0.0%  2,000 -100.0%
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES  25,604  26,431 -3.1%  22,533 13.6%
NON-INTEREST INCOME:          
Service Charges on Deposit Accounts  3,048  3,191 -4.5%  3,168 -3.8%
Insurance Commissions  1,213  1,235 -1.8%  1,236 -1.9%
Trade Finance & Other Other Service Charges and Fees  1,172  1,235 -5.1%  1,110 5.6%
Bank-Owned Life Insurance Income  230  238 -3.4%  399 -42.4%
Gain on Sales of SBA Loans Guaranteed Portion  2,692  2,678 0.5%  --  0.0%
Net Loss on Sales of Other Loans  (97)  (1,247) -92.2%  (2,393) -95.9%
Net Gain on Sales of Investment Securities  9  4 125.0%  1 800.0%
Other Operating Income  90  136 -33.8%  112 -19.6%
Total Non-Interest Income  8,357  7,470 11.9%  3,633 130.0%
NON-INTEREST EXPENSE:          
Salaries and Employee Benefits  9,351  9,224 1.4%  9,110 2.6%
Occupancy and Equipment  2,556  2,585 -1.1%  2,595 -1.5%
Deposit Insurance Premiums and Regulatory Assessments  234  1,249 -81.3%  1,401 -83.3%
Data Processing  1,170  1,179 -0.8%  1,253 -6.6%
Other Real Estate Owned Expense  32  (33) -197.0%  (44) 172.7%
Professional Fees  2,156  1,744 23.6%  749 187.9%
Directors and Officers Liability Insurance  220  298 -26.2%  297 -25.9%
Supplies and Communications  495  567 -12.7%  558 -11.3%
Advertising and Promotion  672  1,243 -45.9%  601 11.8%
Loan-Related Expense  146  75 94.7%  200 -27.0%
Amortization of Other Intangible Assets  41  41 0.0%  71 -42.3%
Other Operating Expenses  2,094  1,376 52.2%  1,955 7.1%
Total Non-Interest Expense  19,167  19,548 -1.9%  18,746 2.2%
INCOME BEFORE PROVISION FOR INCOME TAXES  14,794  14,353 3.1%  7,420 99.4%
Provision for Income Taxes  4,684  374 1152.4%  79 5829.1%
NET INCOME   $ 10,110  $ 13,979 -27.7%  $ 7,341 37.7%
           
EARNINGS PER SHARE:          
Basic  $ 0.32  $ 0.44    $ 0.23  
Diluted  $ 0.32  $ 0.44    $ 0.23  
WEIGHTED-AVERAGE SHARES OUTSTANDING:          
Basic  31,538,980  31,479,921    31,470,520  
Diluted  31,626,667  31,549,580    31,489,569  
COMMON SHARES OUTSTANDING  31,588,767  31,496,540    31,489,201  
           
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES      
SELECTED FINANCIAL DATA (UNAUDITED)      
(In Thousands)      
       
   As of or for the Three Months Ended 
  March 31, December 31, March 31,
  2013 2012 2012
AVERAGE BALANCES:      
Average Gross Loans, Net of Deferred Loan Fees (1)  $ 2,073,514  $ 2,026,122  $ 1,985,071
Average Investment Securities  443,073  421,520  426,384
Average Interest-Earning Assets  2,693,424  2,731,473  2,676,643
Average Total Assets  2,829,927  2,872,897  2,742,006
Average Deposits  2,348,799  2,388,725  2,337,302
Average Borrowings  79,110  85,390  85,665
Average Interest-Bearing Liabilities  1,727,272  1,767,640  1,777,208
Average Stockholders' Equity  383,003  370,307  289,132
Average Tangible Equity  381,682  368,945  287,631
       
PERFORMANCE RATIOS:      
Return on Average Assets (2) 1.45% 1.94% 1.08%
Return on Average Stockholders' Equity (2) 10.71% 15.02% 10.21%
Return on Average Tangible Equity (2) 10.74% 15.07% 10.38%
Efficiency Ratio 56.44% 57.66% 66.56%
Net Interest Spread (2),(3) 3.54% 3.57% 3.26%
Net Interest Margin (2),(3) 3.86% 3.86% 3.69%
       
ALLOWANCE FOR LOAN LOSSES:      
Balance at Beginning of Period  $ 63,305  $ 66,107  $ 89,936
Provision Charged to Operating Expense  196  407  2,400
Charge-Offs, Net of Recoveries  (2,310)  (3,209)  (11,284)
Balance at End of Period  $ 61,191  $ 63,305  $ 81,052
       
ASSET QUALITY RATIOS:      
Net Loan Charge-Offs to Average Gross Loans (2) 0.45% 0.63% 2.27%
Allowance for Loan Losses to Gross Loans 2.88% 3.09% 4.10%
Allowance for Loan Losses to Non-Performing Loans 186.03% 169.81% 161.41%
Non-Performing Assets to Total Assets 1.21% 1.32% 1.86%
Non-Performing Loans to Gross Loans 1.55% 1.82% 2.54%
Non-Performing Assets to Allowance for Loan Losses 55.23% 60.11% 63.51%
       
ALLOWANCE FOR OFF-BALANCE SHEET ITEMS:      
Balance at Beginning of Period  $ 1,824  $ 2,231  $ 2,981
Provision Charged to Operating Expense  (196)  (407)  (400)
Balance at End of Period  $ 1,628  $ 1,824  $ 2,581
       
NON-PERFORMING ASSETS:      
Non-Accrual Loans  $ 32,893  $ 37,279  $ 50,214
Loans 90 Days or More Past Due and Still Accruing  --   --   -- 
Non-Performing Loans  32,893  37,279  50,214
Other Real Estate Owned, Net  900  774  1,260
Non-Performing Assets  33,793  38,053  51,474
Non-Performing Loans in Loans Held for Sale  2,306  484  15,472
Non-Performing Assets (including Loans Held for Sale)  $ 36,099  $ 38,537  $ 66,946
       
DELINQUENT LOANS (30 to 89 Days Past Due and Still Accruing)  $ 6,440  $ 2,371  $ 10,497
       
Delinquent Loans to Gross Loans 0.30% 0.12% 0.53%
       
(1) Loans Held for Sale are included in average gross loans.      
(2) Annualized      
(3) Amounts calculated on a fully taxable equivalent basis using the current statutory federal tax rate.    
       
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES      
SELECTED FINANCIAL DATA, CONTINUED (UNAUDITED)      
(In Thousands)      
       
   Three Months Ended 
  March 31, December 31, March 31,
  2013 2012 2012
LOAN PORTFOLIO:      
Real Estate Loans  $ 831,019  $ 787,094  $ 717,491
Residential Loans  94,735  101,778  116,566
Commercial and Industrial Loans  1,160,752  1,123,012  1,102,769
Consumer Loans  35,180  36,676  40,152
Gross Loans  2,121,686  2,048,560  1,976,978
Deferred Loan Fees  661  796  901
Gross Loans, Net of Deferred Loan Fees  2,122,347  2,049,356  1,977,879
Allowance for Loan Losses  (61,191)  (63,305)  (81,052)
Loans Receivable, Net  2,061,156  1,986,051  1,896,827
Loans Held for Sale, at the Lower of Cost or Fair Value  6,043  8,306  55,993
Total Loans Receivable, Net  $ 2,067,199  $ 1,994,357  $ 1,952,820
       
LOAN MIX:      
Real Estate Loans 39.1% 38.4% 36.3%
Residential Loans 4.5% 5.0% 5.9%
Commercial and Industrial Loans 54.7% 54.8% 55.8%
Consumer Loans 1.7% 1.8% 2.0%
Total Loans 100.0% 100.0% 100.0%
       
DEPOSIT PORTFOLIO:      
Demand - Noninterest-Bearing  $ 709,650  $ 720,931  $ 704,061
Savings  115,186  114,302  108,698
Money Market Checking and NOW Accounts  579,192  575,744  516,628
Time Deposits of $100,000 or More  557,180  616,187  687,573
Other Time Deposits  371,804  368,799  346,766
Total Deposits  $ 2,333,012  $ 2,395,963  $ 2,363,726
       
DEPOSIT MIX:      
Demand - Noninterest-Bearing 30.5% 30.1% 29.8%
Savings 4.9% 4.8% 4.6%
Money Market Checking and NOW Accounts 24.8% 24.0% 21.9%
Time Deposits of $100,000 or More 23.9% 25.7% 29.1%
Other Time Deposits 15.9% 15.4% 14.6%
Total Deposits 100.0% 100.0% 100.0%
       
CAPITAL RATIOS:      
Hanmi Financial      
Total Risk-Based Capital Ratio 19.45% 20.65% 18.74%
Tier 1 Risk-Based Capital Ratio 18.17% 19.37% 17.46%
Tier 1 Leverage Capital Ratio 14.68% 14.95% 13.44%
Tangible Equity to Tangible Assets Ratio 13.89% 13.09% 10.55%
Hanmi Bank      
Total Risk-Based Capital Ratio 18.69% 19.85% 17.74%
Tier 1 Risk-Based Capital Ratio 17.42% 18.58% 16.45%
Tier 1 Leverage Capital Ratio 14.07% 14.33% 12.67%
Tangible Equity to Tangible Assets Ratio 15.10% 15.29% 12.71%
       
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES                  
AVERAGE BALANCE, AVERAGE YIELD EARNED AND AVERAGE RATE PAID (UNAUDITED)            
(In Thousands)                  
                   
  Three Months Ended
  March 31, 2013 December 31, 2012 March 31, 2012
    Interest Average   Interest Average   Interest Average
  Average Income / Yield / Average Income / Yield / Average Income / Yield /
  Balance Expense Rate Balance Expense Rate Balance Expense Rate
ASSETS                  
Interest-Earning Assets:                  
Gross Loans, Net of Deferred Loan Fees  $ 2,073,514  $ 26,799 5.24%  $ 2,026,122  $ 27,418 5.38%  $ 1,985,071  $ 27,542 5.58%
Municipal Securities - Taxable  46,111  454 3.94%  46,203  456 3.95%  44,888  446 3.97%
Municipal Securities - Tax Exempt  12,803  146 4.57%  12,731  146 4.59%  13,283  157 4.73%
Obligations of Other U.S. Government Agencies  88,982  422 1.90%  82,995  387 1.87%  73,446  325 1.77%
Other Debt Securities  295,177  1,240 1.68%  279,591  1,295 1.85%  294,767  1,327 1.80%
Equity Securities  30,336  291 3.84%  30,971  306 3.95%  31,255  157 2.01%
Federal Funds Sold  5,963  6 0.41%  7,127  7 0.39%  1,852  2 0.43%
Term Federal Funds Sold  --  -- 0.00%  6,685  22 1.31%  126,484  325 1.03%
Interest-Bearing Deposits in Other Banks  140,538  88 0.25%  239,048  153 0.25%  105,597  68 0.26%
Total Interest-Earning Assets  2,693,424  29,446 4.43%  2,731,473  30,190 4.40%  2,676,643  30,349 4.56%
                   
Noninterest-Earning Assets:                  
Cash and Cash Equivalents  66,166      73,567      69,152    
Allowance for Loan Losses  (62,639)      (65,228)      (88,024)    
Other Assets  132,976      133,085      84,235    
Total Noninterest-Earning Assets  136,503      141,424      65,363    
                   
TOTAL ASSETS  $ 2,829,927      $ 2,872,897      $ 2,742,006    
                   
LIABILITIES AND STOCKHOLDERS' EQUITY                  
Interest-Bearing Liabilities:                  
Deposits:                  
Savings  $ 114,182  $ 458 1.63%  $ 112,566  $ 477 1.69%  $ 105,676  $ 583 2.22%
Money Market Checking and NOW Accounts  567,977  720 0.51%  583,259  772 0.53%  465,664  676 0.58%
Time Deposits of $100,000 or More   595,205  1,175 0.80%  623,780  1,312 0.84%  782,562  2,748 1.41%
Other Time Deposits  370,798  806 0.88%  362,645  805 0.88%  337,641  912 1.09%
FHLB Advances  2,890  38 5.33%  2,984  39 5.20%  3,259  43 5.31%
Junior Subordinated Debentures  76,220  594 3.16%  82,406  303 1.46%  82,406  799 3.90%
Total Interest-Bearing Liabilities  1,727,272  3,791 0.89%  1,767,640  3,708 0.83%  1,777,208  5,761 1.30%
                   
Noninterest-Bearing Liabilities:                  
Demand Deposits  700,637      706,475      645,759    
Other Liabilities  19,015      28,475      29,907    
Total Noninterest-Bearing Liabilities  719,652      734,950      675,666    
                   
Total Liabilities  2,446,924      2,502,590      2,452,874    
Stockholders' Equity  383,003      370,307      289,132    
                   
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY  $ 2,829,927      $ 2,872,897      $ 2,742,006    
                   
NET INTEREST INCOME    $ 25,655      $ 26,482      $ 24,588  
                   
COST OF DEPOSITS     0.55%     0.56%     0.85%
NET INTEREST SPREAD     3.54%     3.57%     3.26%
NET INTEREST MARGIN     3.86%     3.86%     3.69%
                   

Non-GAAP Financial Measures

Tangible Common Equity to Tangible Assets Ratio

Tangible common equity to tangible assets ratio is supplemental financial information determined by a method other than in accordance with U.S. generally accepted accounting principles ("GAAP"). This non-GAAP measure is used by management in the analysis of Hanmi Financial and Hanmi Bank's capital strength. Tangible equity is calculated by subtracting goodwill and other intangible assets from total stockholders' equity. Banking and financial institution regulators also exclude goodwill and other intangible assets from total stockholders' equity when assessing the capital adequacy of a financial institution. Management believes the presentation of this financial measure excluding the impact of these items provides useful supplemental information that is essential to a proper understanding of the capital strength of Hanmi Financial and Hanmi Bank. This disclosure should not be viewed as a substitution for results determined in accordance with GAAP, nor is it necessarily comparable to non-GAAP performance measures that may be presented by other companies.

The following table reconciles this non-GAAP performance measure to the GAAP performance measure for the periods indicated:

TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS RATIO (UNAUDITED)    
(In Thousands, Except Per Share Data)      
       
  March 31, December 31, March 31,
HANMI FINANCIAL CORPORATION 2013 2012 2012
Total Assets  $ 2,792,423  $ 2,882,520  $ 2,771,471
Less Other Intangible Assets  (1,294)  (1,335)  (1,462)
Tangible Assets  $ 2,791,129  $ 2,881,185  $ 2,770,009
       
Total Stockholders' Equity  $ 389,105  $ 378,364  $ 293,718
Less Other Intangible Assets  (1,294)  (1,335)  (1,462)
Tangible Stockholders' Equity  $ 387,811  $ 377,029  $ 292,256
       
Total Stockholders' Equity to Total Assets Ratio 13.93% 13.13% 10.60%
Tangible Common Equity to Tangible Assets Ratio 13.89% 13.09% 10.55%
       
Common Shares Outstanding  31,588,767  31,496,540  31,489,201
Tangible Common Equity Per Common Share  $ 12.28  $ 11.97  $ 9.28
       
HANMI BANK      
Total Assets  $ 2,786,691  $ 2,877,041  $ 2,766,780
Less Other Intangible Assets  --   --   (3)
Tangible Assets  $ 2,786,691  $ 2,877,041  $ 2,766,777
       
Total Stockholders' Equity  $ 420,755  $ 439,986  $ 351,677
Less Other Intangible Assets  --   --   (3)
Tangible Stockholders' Equity  $ 420,755  $ 439,986  $ 351,674
       
Total Stockholders' Equity to Total Assets Ratio 15.10% 15.29% 12.71%
Tangible Common Equity to Tangible Assets Ratio 15.10% 15.29% 12.71%
       
CONTACT: Hanmi Financial Corporation
         Shick (Mark) Yoon
         SVP & Chief Financial Officer
         Direct Phone: 213-427-5636

         David Yang
         VP, Investor Relations & Corporate Strategy
         Direct Phone:  213-637-4798