|
Condensed Financial Information of Parent Company (Tables)
|
12 Months Ended |
|
Dec. 31, 2012
|
| Balance Sheet of Parent Company |
Balance
Sheets
|
|
|
|
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|
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| |
|
As of December 31, |
|
| |
|
2012 |
|
|
2011 |
|
| |
|
(In Thousands) |
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
Cash
|
|
$ |
24,722 |
|
|
$ |
31,706 |
|
|
Securities Available for
Sale
|
|
|
296 |
|
|
|
595 |
|
|
Investment in Consolidated
Subsidiaries
|
|
|
442,380 |
|
|
|
344,129 |
|
|
Investment in Trust Preferred
Securities
|
|
|
2,475 |
|
|
|
2,475 |
|
|
Other Assets
|
|
|
330 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSET
|
|
$ |
470,203 |
|
|
$ |
378,905 |
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND
STOCKHOLDERS’ EQUITY
|
|
|
|
|
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|
Liabilities:
|
|
|
|
|
|
|
|
|
|
Junior Subordinated
Debentures
|
|
$ |
82,406 |
|
|
$ |
82,406 |
|
|
Other Liabilities
|
|
|
9,433 |
|
|
|
10,891 |
|
|
Stockholders’ Equity
|
|
|
378,364 |
|
|
|
285,608 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES AND
STOCKHOLDERS’ EQUITY
|
|
$ |
470,203 |
|
|
$ |
378,905 |
|
|
|
|
|
|
|
|
|
|
|
| Statements of Operations of Parent Company |
Statement of
Operations
|
|
|
|
|
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| |
|
Year Ended December 31, |
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| |
|
2012 |
|
|
2011 |
|
|
2010 |
|
| |
|
(In Thousands) |
|
|
Equity in Earnings (Losses) of
Subsidiaries
|
|
$ |
96,350 |
|
|
$ |
35,654 |
|
|
$ |
(82,705 |
) |
|
Other Expenses, Net
|
|
|
(5,976 |
) |
|
|
(7,507 |
) |
|
|
(5,339 |
) |
|
Income Tax Benefit
|
|
|
— |
|
|
|
— |
|
|
|
35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS)
|
|
$ |
90,374 |
|
|
$ |
28,147 |
|
|
$ |
(88,009 |
) |
|
|
|
|
|
|
|
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|
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| Statements of Cash Flows of Parent Company |
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|
| Statement of Cash Flows |
|
Year Ended December 31, |
|
| |
|
2012 |
|
|
2011 |
|
|
2010 |
|
| |
|
(In Thousands) |
|
|
CASH FLOWS FROM OPERATING
ACTIVITIES:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss)
|
|
$ |
90,374 |
|
|
$ |
28,147 |
|
|
$ |
(88,009 |
) |
|
Adjustments to Reconcile
Net Income (Loss) to Net Cash Provided
By Operating
Activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Income) Losses from
Subsidiaries
|
|
|
(96,350 |
) |
|
|
(35,654 |
) |
|
|
82,705 |
|
|
Share-Based Compensation
Expense
|
|
|
478 |
|
|
|
608 |
|
|
|
1,013 |
|
|
Changes in Fair Value of Stock
Warrants
|
|
|
23 |
|
|
|
(717 |
) |
|
|
(362 |
) |
|
Other-Than-Temporary Loss on
Investment Securities
|
|
|
292 |
|
|
|
— |
|
|
|
— |
|
|
(Increase) Decrease in Other
Assets
|
|
|
(330 |
) |
|
|
1,833 |
|
|
|
(116 |
) |
|
(Decrease) Increase in Other
Liabilities
|
|
|
(1,481 |
) |
|
|
2,664 |
|
|
|
2,706 |
|
|
|
|
|
|
|
|
|
|
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Net Cash Used In Operating
Activities
|
|
|
(6,994 |
) |
|
|
(3,119 |
) |
|
|
(2,063 |
) |
|
CASH FLOWS FROM INVESTING
ACTIVITIES:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Hanmi Bank
|
|
|
— |
|
|
|
(50,000 |
) |
|
|
(110,000 |
) |
|
|
|
|
|
|
|
|
|
|
|
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|
Net Cash Used In Investing
Activities
|
|
|
— |
|
|
|
(50,000 |
) |
|
|
(110,000 |
) |
|
CASH FLOWS FROM FINANCING
ACTIVITIES:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Exercise of Stock
Options and Stock Warrants
|
|
|
10 |
|
|
|
— |
|
|
|
22 |
|
|
Net Proceeds from Issuance of Common
Stock in Offering
|
|
|
— |
|
|
|
77,109 |
|
|
|
116,271 |
|
|
|
|
|
|
|
|
|
|
|
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|
Net Cash Provided By Financing
Activities
|
|
|
10 |
|
|
|
77,109 |
|
|
|
116,293 |
|
|
|
|
|
|
|
|
|
|
|
|
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|
NET (DECREASE) INCREASE IN
CASH
|
|
|
(6,984 |
) |
|
|
23,990 |
|
|
|
4,230 |
|
|
Cash at Beginning of Year
|
|
|
31,706 |
|
|
|
7,716 |
|
|
|
3,486 |
|
|
|
|
|
|
|
|
|
|
|
|
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|
CASH AT END OF YEAR
|
|
$ |
24,722 |
|
|
$ |
31,706 |
|
|
$ |
7,716 |
|
|
|
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