Hanmi Financial Corporation · NASDAQ:HAFC
Hanmi Financial — Debt Investor Presentation (July 2026)
43 slides from Hanmi Financial's debt investor presentation, Jul 31, 2026
Slide 1: Fixed Income Presentation July 2026
California | Colorado | Georgia | Illinois | New Jersey | New York | Texas | Virginia | Washington Fixed Income Presentation July 2026 NASDAQ | HAFC Exhibit 99.1
Slide 2: Table of Contents
TABLE OF CONTENTS TERMS OF THE PROPOSED OFFERING HANMI FINANCIAL CORPORATION OVERVIEW 2Q26 PERFORMANCE RESULTS BALANCE SHEET COMPOSITION AND TRENDS ASSET QUALITY CAPITAL AND LIQUIDITY NON-GAAP RECONCILIATION 6 8 12 20 27 33 40
Slide 3: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Hanmi Financial Corporation (the “Company”) cautions investors that any statements contained herein that are not historical facts are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, incl
Slide 4: Non-GAAP Financial Information
NON-GAAP FINANCIAL INFORMATION This presentation contains financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America (“GAAP”). These non-GAAP measures include tangible common equity to tangible assets, tangible c
Slide 5: Safe Harbor Statement
SAFE HARBOR STATEMENT The information contained in this presentation is a summary and is not complete. It has been prepared for use only in connection with the proposed private placement (the "Offering") of subordinated notes of Hanmi Financial Corporation (the "Company") (the "Securities"). The off
Slide 6: Terms of the Proposed Offering
Terms of the Proposed Offering
Slide 7: Terms of the Proposed Subordinated Debt Offering
A rating is not a recommendation to buy, sell or hold securities. Ratings may be subject to revision or withdrawal at any time by assigning rating organization. Each rating organization has its own methodology for assigning ratings and, accordingly, each rating should be evaluated independently of a
Slide 8: Hanmi Financial Corporation Overview
Hanmi Financial Corporation Overview
Slide 9: Executive Team
EXECUTIVE TEAM Bonnie Lee President & CEO With 39 years of banking experience and 12 years at Hanmi. Previous Experience: BBCN Bancorp, Shinhan Bank America, Nara Bank Romolo Santarosa Chief Financial Officer 34 years of banking experience and 10 years at Hanmi. Previous Experience: Opus Bank, First
Slide 10: Nationwide Network
NATIONWIDE NETWORK Second Largest Korean-American Bank in the U.S. Founded in 1982 in Los Angeles, as the first Korean-American bank 32 full-service branches, five loan production offices and three loan centers in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and
Slide 11: The Hanmi Timeline
Acquired Central Bancorp, Inc. ($1.3 billion in assets) THE HANMI TIMELINE U.S. subsidiaries of Korean Corporations First Korean American Bank in the U.S. Began offering SBA loans Acquired First Global Bank Listed HAFC common stock Acquired Pacific Union Bank ($1.2 billion in assets) Completed $70 m
Slide 12: 2Q26 Performance Results
2Q26 Performance Results
Slide 13: 2Q26 Earnings Performance Highlights
Net Income $23.5M Diluted EPS $0.79 ROAA 1.20% ROAE 11.09% NIM 3.36% Efficiency Ratio 54.07% Earnings Performance Net income was $23.5 million, or $0.79 per diluted share, up 4.2% from the first quarter, driven by continued growth in net interest income and lower credit loss expense. Return on avera
Slide 14: Loan Production
LOAN PRODUCTION Loan production of $371.9 million for the second quarter, which included Commercial Real Estate production of $170.1 million. Weighted average interest rate is the stated loan interest rate weighted by the loan amount. Production includes mortgage loan purchases of $10.3 million, $3.
Slide 15: 2Q26 Financial Summary
2Q26 FINANCIAL SUMMARY Note: Numbers may not add due to rounding. Percentage change calculated from dollars in thousands; change in basis points for selected balance sheet items and performance metrics. Non-GAAP financial measure, refer to the non-GAAP reconciliation slide. (2) Consolidated Statemen
Slide 16: Net Interest Income | Net Interest Margin
NET INTEREST INCOME | NET INTEREST MARGIN ($ in millions) Net interest income for the second quarter was $63.9 million and net interest margin (taxable equivalent) was 3.36%. Net Interest Margin Includes a $0.6 million interest recovery from a previously charged-off loan; represents approximately 3
Slide 17: Net Interest Income Sensitivity
NET INTEREST INCOME SENSITIVITY Fed Funds Rate(3) Rate on CDs(4) Numbers may not add due to rounding. Yield for loans and rate on interest-bearing deposits represent monthly average yield and rate, respectively. Fed funds rate represents the upper target rate at the end of the month. Beta is measure
Slide 18: Noninterest Income
NONINTEREST INCOME Numbers may not add due to rounding. Includes $0.4 million, $0.9 million, $0.3 million, and $0.5 million in BOLI death benefits for 2Q25, 3Q25, 1Q26, and 2Q26, respectively. 4Q25, 1Q26, and 2Q26 each had one mortgage loan sale transaction. 2Q25 and 3Q25 had zero and two transactio
Slide 19: Noninterest Expense
NONINTEREST EXPENSE Includes a $0.6 million and $0.8 million gain from the sale of OREO properties in 2Q25 and 1Q26, respectively. Noninterest expense was $39.0 million for the second quarter, up 1.7% from the first quarter, principally due to an increase in salaries and benefits from an additional
Slide 20: Balance Sheet Composition and Trends
Balance Sheet Composition and Trends
Slide 21: Loan Portfolio
$6.54 Billion Loan Portfolio (as of June 30, 2026) LOAN PORTFOLIO Note: Numbers may not add due to rounding. Includes syndicated loans of $572.1 million in total commitments ($474.6 million disbursed) across C&I ($471.3 million committed and $389.0 million disbursed) and CRE ($100.8 million committe
Slide 22: Loan Portfolio Maturities
($ in millions) <1 Year 1-3 Years >3 Years Total Real Estate Loans Retail $ 267.7 $ 399.7 $ 525.8 $ 1,193.2 Hospitality 234.8 268.3 355.5 858.6 Office 208.7 204.7 65.7 479.1 Other 325.3 510.3 642.0 1,477.7 Commercial Property $ 1,036.5 $ 1,383.0 $ 1,589.0 $ 4,008.6 Construction 13.8 - - 13.8 RRE/Con
Slide 23: Loan Portfolio Diversification
LOAN PORTFOLIO DIVERSIFICATION $120.0 million, or 3.0%, and $34.9 million, or 0.9%, of the CRE portfolio are unguaranteed and guaranteed SBA loans, respectively. $63.8 million, or 5.5%, and $47.7 million, or 4.1%, of the C&I portfolio are unguaranteed and guaranteed SBA loans, respectively. CRE Port
Slide 24: CRE Portfolio Geographical Exposure
CRE Composition by State $4,022 CRE PORTFOLIO GEOGRAPHICAL EXPOSURE Construction by State $14 Owner Occupied by State $878 Investor (Non-owner Occupied) by State $2,671 Multifamily by State $459 ($ in millions)
Slide 25: Deposit Portfolio
Average Interest-bearing Deposits DEPOSIT PORTFOLIO Total deposits increased 2.3% to $6.96 billion, from the prior quarter. Noninterest-bearing demand deposits represented 30.7% of total deposits at June 30, 2026. Estimated uninsured deposit liabilities were 43.4% of deposits. Brokered deposits were
Slide 26: Securities Portfolio
SECURITIES PORTFOLIO $962 Million 3.5 Years $387 Million $66 Million Note: Numbers may not add due to rounding. Based on the book value. 98.0% constitutes CRA bonds. 2026 year-to-date observed $158.9 million of principal paydown and $14.6 million of interest payments. (2) The $962.3 million securiti
Slide 27: Asset Quality
Asset Quality
Slide 28: Asset Quality – Delinquent & Criticized Loans
ASSET QUALITY – DELINQUENT & CRITICIZED LOANS Delinquent loans / Total loans Criticized loans / Total loans Note: Numbers may not add due to rounding. Represents loans 30 to 89 days past due and still accruing. Includes nonaccrual loans of $24.1 million, $19.4 million, $18.1 million, $12.4 million,
Slide 29: Asset Quality – Nonperforming Assets & Nonaccrual Loans
Nonperforming assets were $9.9 million at the end of the second quarter, down 20.2% from $12.4 million at the end of the first quarter. ASSET QUALITY – NONPERFORMING ASSETS & NONACCRUAL LOANS Nonperforming assets exclude repossessed personal property of $0.6 million, $0.4 million, $0.6 million, $0.3
Slide 30: Asset Quality – Gross & Net Loan Charge-offs
ASSET QUALITY – GROSS & NET LOAN CHARGE-OFFS Note: Numbers may not add due to rounding. Net charge-offs for the second quarter were $1.3 million, or 8 bps annualized. Gross Charge-offs（$ in millions） Net Charge-offs (Recoveries)（$ in millions） (2) Includes a $2.0 million recovery on a loan previousl
Slide 31: ACL Trend
The allowance for credit losses was $70.5 million at June 30, 2026, or 1.08% of total loans, unchanged from the prior quarter. Allowance for Credit Losses（$ in millions） Credit Loss Expense（$ in millions） ACL TREND
Slide 32: ACL Analysis by Loan Type
ACL ANALYSIS BY LOAN TYPE Note: Numbers may not add due to rounding. ($ in millions) $46,203 $46,112 $46,022 $45,930 $45,838 Allowance Loans Allowance Loans Allowance Loans Allowance Loans Allowance Loans CRE $37.4 $4,022.3 $36.799999999999997 $3,998.1 $38.700000000000003 $4,030.1 $40.20000000000000
Slide 33: Capital and Liquidity
Capital and Liquidity
Slide 34: Risk Management
RISK MANAGEMENT CRE Concentration Hanmi has not exceeded the supervisory criteria to be considered to have CRE concentration risk under regulatory guidance(1); however, Hanmi’s risk management practices address the six elements of regulatory guidance(2) Source: FDIC Financial Institution Letters (FI
Slide 35: Regulatory Capital
REGULATORY CAPITAL Pro forma illustrates capital ratios with unrealized AFS securities losses at June 30, 2026. Non-GAAP financial measure; refer to the non-GAAP reconciliation slide. (1) (1) Company Bank The Company exceeded regulatory minimums and the Bank remained “well capitalized” at June 30, 2
Slide 36: Liquidity
LIQUIDITY Rate at June 30, 2026, based on 3-month SOFR + 166 bps. Issued in August 2021 and due in September 2031. The interest rate is fixed at 3.75% for 5 years. The rate resets quarterly commencing September 1, 2026 to the 3-month SOFR + 310 bps. Liquidity Position（$ in millions） Cash & Securitie
Slide 37: Capital Management
(1) (1) Non-GAAP financial measure, refer to the non-GAAP reconciliation slides. Includes shares purchased to satisfy employees’ tax liabilities upon the vesting of stock-based compensation of $0.4 million, $1.1 million, and $0.4 million for 2Q25, 1Q26, and 2Q26, respectively. “Net Income – Retained
Slide 38: Pro Forma Capital Ratios
Note: Numbers may not add due to rounding For illustrative purposes, assumes the completion of a $55 million subordinated debt offering with a 1.25% placement fee and $250 thousand of fixed offering costs and the redemption of $110 million of subordinated notes due 2031, in each case as of June 30,
Slide 39: Pro Forma Double Leverage & Debt Service Coverage
For illustrative purposes, assumes the completion of a $55 million subordinated debt offering with a 1.25% placement fee and $250 thousand of fixed offering costs and the redemption of $110 million of subordinated notes due 2031, in each case as of June 30, 2026 Excludes amortization of unamortized
Slide 40: Non-GAAP Reconciliation
Non-GAAP Reconciliation
Slide 41: Tangible Common Equity to Tangible Asset Ratio
NON-GAAP RECONCILIATION: TANGIBLE COMMON EQUITY TO TANGIBLE ASSET RATIO There were no preferred shares outstanding at the periods indicated. (In thousands, except share, per share data and ratios) June 30, March 31, December 31, September 30, June 30, Hanmi Financial Corporation 46203 46112 46022 45
Slide 42: Pro Forma Regulatory Capital
NON-GAAP RECONCILIATION: PRO FORMA REGULATORY CAPITAL Note: numbers may not add due to rounding Pro forma capital ratios at June 30, 2026. ($ in thousands) Company(1) Bank(1) Common Equity Tier 1 Tier 1 Total Risk-based Common Equity Tier 1 Tier 1 Total Risk-based Regulatory capital $,836,297 $,858,
Slide 43: Preprovision Net Revenue
NON-GAAP RECONCILIATION: PREPROVISION NET REVENUE (In thousands) Percentage Change 46,203 46,112 46,022 45,930 45,838 Q2-26 Q2-26 Hanmi Financial Corporation 46203 46112 46022 45930 45838 vs. Q1-26 vs. Q2-25 Net income $23,505 $22,557 $21,239 $22,061 $15,117 Add back: Credit loss expense 1,186 2,892
Hanmi Financial — Debt Investor Presentation (July 2026) on 6ix