Business Description

Hanmi Financial Corporation (“Hanmi Financial,” the “Company,” “we,” “us” or “our”) is a Delaware corporation incorporated in 2000 to be the holding company for Hanmi Bank (the “Bank”) and is subject to the Bank Holding Company Act of 1956, as amended (the “BHCA”). Our principal office is located at 900 Wilshire Boulevard, Suite 1250, Los Angeles, California 90017, and our telephone number is (213) 382-2200. Hanmi Bank, the primary subsidiary of Hanmi Financial, is a state-chartered bank incorporated under the laws of the State of California in 1981, and licensed pursuant to the California Financial Code. The Bank’s deposit accounts are insured under the Federal Deposit Insurance Act up to applicable limits thereof. The California Department of Financial Protection and Innovation (the “DFPI”) is the Bank’s primary state bank regulator and the FDIC is its primary federal regulator. The Bank’s headquarters are located at 3660 Wilshire Boulevard, Penthouse Suite A, Los Angeles, California 90010. The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. The Bank’s full-service offices are located in markets where many of the businesses are owned by immigrants and other minority groups. The Bank’s client base reflects the multi-ethnic composition of these communities. The Bank’s revenues are derived primarily from interest and fees on loans, interest and dividends on securities and other interest-earning assets, service charges and fees on deposit accounts and sales of SBA and mortgage loans. A summary of revenues for the periods indicated follows: Year Ended December 31, 2025 2024 2023 (dollars in thousands) Interest and fees on loans $ 375,760 84.5 % $ 366,153 85.2 % $ 339,811 84.3 % Interest and dividends on securities 26,778 6.0 23,019 5.3 18,167 4.5 Other interest income 8,390 1.9 9,611 2.2 11,350 2.8 Service charges, fees and other income 24,254 5.4 24,004 5.6 30,349 7.5 Gain on sale of SBA loans 7,808 1.8 6,112 1.4 5,701 1.4 Gain on sale of residential mortgage loans 1,913 0.4 1,469 0.3 — 0.0 Subtotal 444,903 100.0 430,368 100.0 405,378 100.5 Net loss on sale of securities — — — — (1,871 ) (0.5 ) Total revenues $ 444,903 100.0 % $ 430,368 100.0 % $ 403,507 100.0 % Market Area The Bank historically has provided its banking services through its branch network to a wide variety of small- to medium-sized businesses. Throughout the Bank’s service areas,