Hanmi Financial

#6337

Rank

$783.1M

Marketcap

United States

Country

Leadership team

Ms. Bonita I. Lee (Pres, CEO & Director)

Mr. Romolo C. Santarosa (Sr. EVP & CFO)

Mr. Anthony I. Kim (Sr. EVP & Chief Banking Officer of Hanmi Bank)

Products/ Services

Banking, Financial Services

Number of Employees

500 - 1000

Headquarters

Los Angeles, California, United States

Established

1982

Company Registration

SEC CIK number: 0001109242

Net Income

100M - 500M

Revenue

100M - 500M

Traded as

HAFC

URL

https://www.hanmi.com

Overview

Location

Recognition and Award

References

Summary

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company offers various deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. It also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit, as well as international finance, and trade services and products comprising letters of credit, and import and export financing. In addition, the company offers consumer loans, secured and unsecured loans, home equity loans, residential mortgages, and credit cards; SBA and trade finance lending to small and middle market businesses; and small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. As of February 28, 2022, it operated a network of 35 full-service branches and 8 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. The company was founded in 1982 and is headquartered in Los Angeles, California.

History

Hanmi Financial had its beginnings in Los Angeles in 1966. Initially it was based in a downtown Los Angeles building and was named the Korean Pacific Finance Corporation. Since its inception, the company has expanded to new states and has grown to include multiple divisions: Hanmi Bank, Hanmi Mortgage, Hanmi Investment and Hanmi Global Services. The company has also changed its name and is now known as Hanmi Financial Corporation.

Mission

Hanmi’s mission is to be the premier provider of superior financial products and services to our customers, our communities and our shareholders.

Vision

Hanmi’s vision is to be the most respected and trusted financial institution in the communities we serve.

Key Team

Mr. Matthew D. Fuhr (Sr. EVP & Chief Credit Admin. Officer of Hanmi Bank)

Mr. Michael Du (Sr. VP & Chief Risk Officer of Hanmi Bank)

Mr. Joseph A. Pangrazio (Sr. VP & Chief Accounting Officer of Hanmi Bank)

Vivian I. Kim (Sr. VP, Gen. Counsel & Corp. Sec.)

Mr. Greg D. Kim (Chief Admin. Officer & Exec. VP of Hanmi Bank)

Mr. Min S. Park (Exec. VP & Chief Credit Risk Officer of Hanmi Bank)

Recognition and Awards

Hanmi Financial Corporation has been the recipient of numerous awards, including being named one of the top community banks in the nation by S&P Global in 2017, 2018 and 2019 and being named Los Angeles Business Journals 'Best Places to Work' in 2016, 2017 and 2018. Additionally, Hanmi Bank has been named one of the top five best banks to work for by American Banker in 2016 and 2017.