Hanmi Financial Corporation · NASDAQ:HAFC
Hanmi Financial — Non-Deal Roadshow (August 2026)
51 slides from Hanmi Financial's roadshow presentation, Aug 17, 2026
Slide 1: Non-Deal Roadshow with Dallas, St. Louis, Minneapolis
California | Colorado | Georgia | Illinois | New Jersey | New York | Texas | Virginia | Washington Non - Deal Roadshow with Dallas, St. Louis, Minneapolis August 17 - 19, 2026 NASDAQ | HAFC
Slide 2: Table of Contents
TABLE OF CONTENTS HANMI PROFILE 5 – 21 2Q26 PERFORMANCE RESULTS 22 – 38 LOAN PORTFOLIO DETAILS 2Q26 FINANCIAL SUMMARY NON - GAAP RECONCILIATION 49 – 51 39 – 47 48 – 48 2
Slide 3: Forward-Looking Statements
FORWARD - LOOKING STATEMENTS 3 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
Slide 4: Non-GAAP Financial Information
NON - GAAP FINANCIAL INFORMATION 4 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, tan
Slide 5: Second Largest Korean-American Bank in the U.S.
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 Georgia
Slide 6: Executive Team
EXECUTIVE TEAM 6 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 With 34 years of banking experience and 10 years at Hanmi. Previous Experience: Opus Bank
Slide 7: The Hanmi Timeline
THE HANMI TIMELINE 7 (1) U.S. subsidiaries of Korean Corporations • Assets surpassed $7 billion • Celebrated 40 th Anniversary • Launch of USKC (1) • Revitalization of mortgage lending • Opened Chinatown branch in Houston, Texas • Opened Representative Office in Seoul, South Korea 1982 1988 2001 200
Slide 8: Why Hanmi?
WHY HANMI ? 8 • Strong 9% CAGR in average loans since 2013 • Significant progress diversifying loan portfolio across CRE, equipment finance, RRE, and multi - family • Allowance for credit losses to loans was 1.08% and nonperforming assets were 0.12% of total assets • Strong 9% CAGR in average deposi
Slide 9: Successful Portfolio Diversification Strategy
RRE (1) 5% CRE (2) 85% C&I (3) 10% C&I 18% Equipment Finance 5% RRE (1) 15% CRE (2) 62% (3) Loan Composition (as of December 31, 2013) $2.23 Billion SUCCESSFUL PORTFOLIO DIVERSIFICATION STRATEGY Significant progress reducing CRE concentration from 85% of total portfolio to 62% Loan Composition (as o
Slide 10: Average Loan Trend
$4,039 $3,423 $2,902 $2,441 $2,157 $4,456 $4,508 $4,685 $4,795 $5,597 $5,968 $6,111 $6,303 $6,438 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2Q26 AVERAGE LOAN TREND ($ in millions) Strong average loan growth reflecting a 9% CAGR since 2013 10
Slide 11: Average Deposit Trend
34% 41% 45% 35% 30% 30% 29% 69% 69% 70% 67% 70% 71% 73% 66% 59% 55% 65% 70% 70% 71% $2,391 $2,872 $3,503 $3,608 $4,160 $4,461 $4,691 $4,946 $5,560 $5,950 $6,191 $6,308 $6,568 $6,673 27% 29% 30% 33% 30% 31% 31% 2Q26 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Noninterest - bearin
Slide 12: Net Income Trend
NET INCOME TREND Net Income ($ in millions) A track record of steady earnings growth at 8% CAGR between 2013 - 18 as the interest rate environment remained relatively steady. 2020 - 22 net income reflected the effect of the pandemic and the gradual receding from its uncertainties ending in 2022 with
Slide 13: Net Interest Income & NIM Trend
NET INTEREST INCOME & NIM TREND NIM Net Interest Income ($ in millions) $109 $123 $160 $148 $177 $181 $176 $181 $195 $238 $221 $203 $236 $127 3.94% 3.88% 3.90% 3.95% 3.82% 3.57% 3.37% 3.19% 3.08% 3.50% 3.08% 2.78% 3.15% 3.37% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2Q26 YTD
Slide 14: Noninterest Income Trend
NONINTEREST INCOME TREND NII / Average Assets 71% 92% 82% 82% 74% 80% 81% 88% 57% 72% 83% 76% 71% 75% 29% 8% 18% 12% 43% 28% 17% 19% 23% 20% 5% $28 $42 Noninterest Income ($ in millions) $48 $33 18% $33 26% $25 20% $28 19% $43 $40 $34 $34 $32 $34 6% $17 5% 0.99% 1.24% 1.17% 0.76% 0.67% 0.46% 0.50% 0
Slide 15: Noninterest Expense Trend
NONINTEREST EXPENSE TREND NIE / Average Assets Non - Interest Expense ($ in millions) $78 15 $99 $115 $108 $114 $118 $126 $119 $124 $130 $137 $141 $148 $77 2.77% 2.89% 2.83% 2.47% 2.30% 2.19% 2.30% 2.02% 1.90% 1.85% 1.84% 1.87% 1.91% 2.00% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Slide 16: Allowance for Credit Losses Trend
ALLOWANCE FOR CREDIT LOSSES TREND Allowance for Credit Losses ($ in millions) $58 $53 ACL / Total Loans 2.58% $43 $32 $31 $32 $61 $90 $73 $72 $69 $70 $70 $70 0.84% 0.72% 0.70% 1.35% 1.33% 1.89% 1.85% 1.41% 1.20% 1.12% 1.12% 1.07% 1.08% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Slide 17: Nonperforming Assets Trend
NONPERFORMING ASSETS TREND Nonperforming Assets ($ in millions) $63.8 $83.0 $0.8 $15.8 $8.5 $0.1 $2.4 0.87% 0.97% 0.65% 0.40% 0.34% 0.29% 1.15% 1.38% 0.20% 0.14% 0.21% 0.19% 0.26% 0.12% $9.9 $2.0 $18.1 $0.1 $14.3 $0.1 $15.5 $0.1 $9.8 $0.7 $13.4 $0.7 $15.5 $1.9 $15.8 $7.5 $11.4 $19.1 $25.3 $25.9 2Q26
Slide 18: Net Charge Offs (Recoveries) Trend
NET CHARGE OFFS ( RECOVERIES) TREND Net charge offs (recoveries) ($ in millions) $1.0 $2.2 $4.5 $3.5 $7.7 $7.3 $3.4 $6.3 $6.2 $26.4 ($9.7) $7.2 ($0.1) ($3.6) $7.1 $6.3 ($1.4) ($1.4) ($1.9) ($1.9) $6.2 $2.2 $1.2 $3.1 $0.8 $0.7 $2.7 ($2.0) $1.4 $0.4 $1.0 $30.9 $7.0 $4.1 $14.4 $3.9 $0.5 ($6.3) 2021 Oth
Slide 19: Risk Management
RISK MANAGEMENT 19 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) (1) Source: FDIC Financial Institution L
Slide 20: Corporate Governance
CORPORATE GOVERNANCE 20 Oversight Hanmi is committed to sound corporate governance principles and maintains formal Corporate Governance Guidelines and a Code of Business Conduct and Ethics for employees, executive officers, and directors . Nominating and Corporate Governance (NCG) Committee NCG Comm
Slide 21: Subsequent Events: Subordinated Notes
SUBSEQUENT EVENTS: SUBORDINATED NOTES 21 Issuance of Subordinated Notes On July 30, 2026, the Company issued $55.0 million of Fixed - to - Floating Subordinated Notes that have a maturity date of July 31, 2036 and carry a fixed rate of interest of 6.50% for the first five years. Thereafter, the note
Slide 22: 2Q26 Earnings 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 ave
Slide 23: Loan Production
LOAN PRODUCTION Loan production of $371.9 million for the second quarter, which included Commercial Real Estate production of $170.1 million . (1) Weighted average interest rate is the stated loan interest rate weighted by the loan amount. (2) Production includes mortgage loan purchases of $10.3 mil
Slide 24: Loan Portfolio
CRE Owner Occupied 13% (6) Includes $234.2 million of loans to nondepository financial institutions (NDFI), principally mortgage credit intermediaries. CRE Multifamily 7% CRE Construction 1% 15% Equipment Finance 5% (2) (2,5) (1, 2) CRE Investor (1, 2) (non - owner) 41% RRE (3) C&I (1,6) 18% $6.54 B
Slide 25: Deposit Portfolio
3.17% 3.20% 3.36% 3.56% 3.64% $4,784 $4,661 $4,714 $4,704 $4,625 2Q26 1Q26 4Q25 3Q25 2Q25 Rate on Interest - Bearing Deposits Average Interest - bearing Deposits DEPOSIT PORTFOLIO Total deposits increased 2.3% to $6.96 billion , from the prior quarter. Noninterest - bearing demand deposits represent
Slide 26: Net Interest Income | Net Interest Margin
26 $57.1 $61.1 $62.9 $63.2 $63.9 3.07% 3.22% 3.28% 3.38% (3) 3.36% 2Q25 3Q25 4Q25 Net Interest Income 1Q26 2Q26 NIM NET INTEREST INCOME | NET INTEREST MARGIN ($ in millions) 3.36% 3.38 % ( 3 ) 0.06% - 0.05% - 0.03% 1Q26 Loans IB - deposits Borrowings/ Debt 2Q26 Increase Decrease Net interest income
Slide 27: Net Interest Income Sensitivity
27 6.00% 6.04% 5.95% 5.90% 5.93% 5.99% 5.95% 6.05% 5.89% 5.91% 5.93% 3.83% 3.67% 3.60% 3.58% 3.50% 3.27% 3.18% 3.17% 5.50% 4.50% 4.28% 4.29% 4.22% 4.50% 4.25% 3.75% 3.75% Jun - 24 Aug - 24 Sep - 24 Dec - 24 Mar - 25 Jun - 25 Aug - 25 Sep - 25 Dec - 25 Mar - 26 Jun - 26 NET INTEREST INCOME SENSITIVIT
Slide 28: Noninterest Income
28 $2.1 31% $1.9 28% $1.0 15% $0.8 12% $0.9 14% Service charges on deposit accounts Trade finance, other service charges, and fees Servicing income Bank - owned life insurance All other operating income NONINTEREST INCOME $46.8 $44.9 $44.1 $40.7 $37.1 $35.4 $32.6 $29.9 $32.5 $20.9 7.61% 6.95% 7.40%
Slide 29: Noninterest Expense
NONINTEREST EXPENSE 29 (1) 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 addi
Slide 30: Asset Quality – Delinquent & Criticized Loans
30 $4.1 $12.4 $5.2 $28.7 $10.9 $3.5 $7.4 $11.6 $7.0 $4.6 $17.6 $13.3 $8.9 $4.4 $32.8 0.17% 0.18% 0.27% 0.20% 0.50% 1Q26 2Q26 All Other Delinquent Loans 2Q25 3Q25 4Q25 Equipment Finance Delinquent Loans Note: Numbers may not add due to rounding. ASSET QUALITY – DELINQUENT & CRITICIZED LOANS Delinquen
Slide 31: Asset Quality – Nonperforming Assets & Nonaccrual Loans
31 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. $26.0 $19.4 $18.1 $12.4 $2.0 $2.0 $26.0 $21.4 $20.1 $12.4 $9.9 $9.9 0.33% 0.27% 0.26% 0.16% 0.12% 2Q26 1Q26 OREO ASSET QUALITY – NONPERFORMING ASSETS & NONACCRUA
Slide 32: Asset Quality – Gross & Net Loan Charge-offs
32 $3.0 $2.4 $2.0 $3.0 $1.6 $0.2 $0.9 $0.2 $0.3 Gross Charge - offs 㸦 $ in millions 㸧 $12.4 $2.6 $2.9 $3.2 $1.9 $9.4 (2) 2Q25 3Q25 4Q25 Equipment Finance Charge - offs 1Q26 2Q26 All Other Loan Charge - offs ASSET QUALITY – GROSS & NET LOAN CHARGE - OFFS $2.3 $1.4 $2.4 $1.0 ($2.1) $0.2 $0.2 $0.3 $11.
Slide 33: Allowance for Credit Losses
33 1.08% 1.08% 1.07% 1.06% 1.07% $70.5 $70.5 $69.9 $66.8 $69.8 2Q26 1Q26 4Q25 2Q25 3Q25 Allowance for credit losses ACL to Loans Credit Loss Expense 㸦 $ in millions 㸧 $7.6 $2.1 $1.9 $2.9 $1.2 2Q25 3Q25 4Q25 Credit loss expense 1Q26 2Q26 The allowance for credit losses was $70.5 million at June 30, 2
Slide 34: ACL Analysis by Loan Type
34 ACL ANALYSIS BY LOAN TYPE Note: Numbers may not add due to rounding.
Slide 35: Securities Portfolio
35 15 Year 64% 20 Year 19% SECURITIES PORTFOLIO $233 $303 $220 $138 $29 $29 $22 $15 $262 $332 $242 $153 2025 Actual 2028 Principal 2027 Interest US Agy 1% US Agy MBS - Residential 61% US Agy MBS - Commercial 18% US Agy CMO 9% Municipal 11% UST 22% US Agy 4% US Agy MBS - Residential 41% US Agy MBS -
Slide 36: Liquidity
36 LIQUIDITY (1) Rate at June 30, 2026, based on 3 - month SOFR + 166 bps. (2) 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. 1.2% 1.3% 1.3% 1.3% 1.3% 2Q26 1Q26
Slide 37: Capital Management
37 42% 53% 36% 42% $15.1 $22.1 $21.2 $22.6 22% 26% 21% 33% 9% 13% 36% 38% 38% 37% 54% 2Q26 1Q26 4Q25 3Q25 2Q25 $23.5 9.58% 9.80% 9.99% 10.11% 10.03% Dividends Share Repurchases (2) Net Income - Retained (3) $27.04 $26.56 $26.27 $25.64 $24.91 2Q26 1Q26 4Q25 3Q25 2Q25 9.58% 10.27% 10.41% 9.80% 10.54%
Slide 38: Regulatory Capital
38 REGULATORY CAPITAL 8.00% 6.00% 4.50% 2.50% 15.29% 14.62% 2.50% 12.61% 11.94% 10.50% 8.50% 2.50% 7.00% 12.28% 11.61% Total Capital Tier 1 Capital CET1 Capital Minimum Requirement Company Capital Conservation Buffer Pro Forma (1) 6.50% 13.40% 12.73% 8.00% 13.40% 12.73% 10.00% 14.48% 13.82% Total Ca
Slide 39: USKC Loans & Deposits
39 USKC ( 1 ) LOANS & DEPOSITS USKC portfolio represented $825.9 million , or 13% of the loan portfolio, and $1.20 billion , or 17% of the deposit portfolio, at June 30, 2026. USKC CRE portfolio had a weighted average debt coverage ratio (2) of 2.00x and weighted average loan - to - value (2) of 52.
Slide 40: Loan Portfolio Maturities
40 Total >3 Years 1 - 3 Years <1 Year ($ in millions) Real Estate Loans 1,193.2 $ 525.8 $ 399.7 $ 267.7 $ Retail 858.6 355.5 268.3 234.8 Hospitality 479.1 65.7 204.7 208.7 Office 1,477.7 642.0 510.3 325.3 Other 4,008.6 $ 1,589.0 $ 1,383.0 $ 1,036.5 $ Commercial Property 13.8 - - 13.8 Construction 97
Slide 41: Loan Portfolio Diversification
LOAN PORTFOLIO DIVERSIFICATION (1) $120.0 million, or 3.0%, and $34.9 million, or 0.9%, of the CRE portfolio are unguaranteed and guaranteed SBA loans, respectively. (2) $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.
Slide 42: CRE Portfolio Geographical Exposure
California $2,541 63% Texas $408 10% New York $306 8% Illinois $109 3% Other $658 16% CRE Composition by State $4,022 CRE PORTFOLIO GEOGRAPHICAL EXPOSURE 42 California $7 50% Other $7 50% Construction by State $14 California $502 57% Texas $48 5% New York $16 2% Illinois $14 2% Other $298 34% Owner
Slide 43: Office Loan Portfolio
Rate Distribution Portfolio by State Fixed 75% Variable 25% OFFICE LOAN PORTFOLIO 43 (1) Segment represents exposure in CRE and excludes construction. 5.1% of the portfolio was owner occupied. (2) SBA CRE office loans were $9.6 million, or 2.0% of total office loans, at June 30, 2026. (3) Weighted a
Slide 44: Hospitality Segment
44 HOSPITALITY SEGMENT (1) SBA loans in the hospitality segment were $22.0 million, or 2.6%, of total hospitality loans at June 30, 2026; excludes one $4.0 million hotel construction loan. (2) Weighted average DCR and weighted average LTV calculated when the loan was first underwritten or renewed su
Slide 45: Retail Segment
45 RETAIL SEGMENT The retail segment represented $1.20 billion , (1) or 18% of the total loan portfolio, and 30% of the total CRE portfolio, at June 30, 2026. $1.6M Average balance of the segment 2.00x Weighted average debt coverage ratio (2) of the segment 45.64% Weighted average loan to value (2)
Slide 46: Residential Real Estate Portfolio
46 Payment Performance RESIDENTIAL REAL ESTATE PORTFOLIO The RRE (1) portfolio was $978.9 million at June 30, 2026, representing 15% of the total loan portfolio. Our conservative underwriting policy focuses on high - quality mortgage originations with maximum Loan - to - Value (LTV) ratios between 6
Slide 47: Equipment Finance Portfolio
4% 5% 3% Remaining = 48% 11% 10% 4% 8% 3% 4% EQUIPMENT FINANCE PORTFOLIO 47 Transportation 18% Construction 15% Manufacturing 12% Waste Management 12% Professional Services 6% Health Care 6% Retail Trade 6% Wholesale Trade 4% Hospitality 4% Other Services 4% Portfolio by Industry (1) Other 13% (1) O
Slide 48: 2Q26 Financial Summary
48 2 Q 26 FINANCIAL SUMMARY Note: Numbers may not add due to rounding. (1) Percentage change calculated from dollars in thousands; change in basis points for selected balance sheet items and performance metrics. (2) Non - GAAP financial measure, refer to the non - GAAP reconciliation slide. ($ in mi
Slide 49: Non-GAAP Reconciliation: Tangible Common Equity to Tangible Asset Ratio
49 NON - G A A P R E C O N C I L I A T I O N : TANGIBLE COMMON EQUITY TO TANGIBLE ASSET RATIO (1) There were no preferred shares outstanding at the periods indicated. June 30, 2025 September 30, 2025 December 31, 2025 March 31, 2026 June 30, 2026 Hanmi Financial Corporation $ 7,862,363 $ 7,856,731 $
Slide 50: Non-GAAP Reconciliation: Pro Forma Regulatory Capital
50 NON - G A A P R E C O N C I L I A T I O N : PRO FORMA REGULATORY CAPITAL $ 6,799,609 $ 6,799,609 $ 6,799,609 $ 6,799,594 $ 6,799,594 $ 6,799,594 Adjusted Risk weighted assets 14.48% 13.40% 13.40% 15.29% 12.61% 12.28% Regulatory capital ratio as reported - 0.66% - 0.67% - 0.67% - 0.67% - 0.67% - 0
Slide 51: Non-GAAP Reconciliation: Preprovision Net Revenue
51 NON - G A A P R E C O N C I L I A T I O N : PREPROVISION NET REVENUE (In thousands) Percentage Change Q2 - 26 Q2 - 26 June 30, September 30, December 31, March 31, June 30, vs. Q1 - 26 vs. Q2 - 25 2025 2025 2025 2026 2026 Hanmi Financial Corporation $ 15,117 7,631 $ 22,061 2,145 $ 21,239 1,943 $