Hanmi Financial Corporation · NASDAQ:HAFC
Hanmi Financial — Q3 2026 Earnings Presentation
34 slides from Hanmi Financial's earnings presentation, Oct 27, 2026
Slide 1: 3Q26 Earnings Supplemental Presentation
NASDAQ | HAFC 3Q26 Earnings Supplemental Presentation October 27, 2026 California | Colorado | Georgia | Illinois | New Jersey | New York | Texas | Virginia | Washington
Slide 2: Table of Contents
3Q26 PERFORMANCE RESULTS 5 – 21 TABLE OF LOAN PORTFOLIO DETAILS 22 – 30 CONTENTS 3Q26 FINANCIAL SUMMARY 31 NON-GAAP RECONCILIATION 32 – 34 2
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: 3Q26 Highlights
3Q26 HIGHLIGHTS Earnings Performance • Net income increased 0.8% from the second quarter, with 10.8% growth in preprovision net revenue1 offset by a $3.3 million increase in credit loss expense from a single loan Net Income ROAE charge-off. • Net interest income increased 5.8% to $67.6 million, refl
Slide 6: Loan Production
LOAN PRODUCTION New Production and Weighted Average Interest Rate(1) ($ in millions) Loan production was $543.6 million for the third quarter, which included commercial & industrial loan production of $170.3 million, a 91% increase 6.91% 6.90% 6.54% 6.59% 6.61% quarter-over-quarter. $570.8 $543.6 8%
Slide 7: Loan Portfolio
LOAN PORTFOLIO Outstanding ($ in millions) 3Q26 Average Yield Commercial Real Estate $6.57 Billion Loan Portfolio $4,056 5.84% (as of September 30, 2026) (CRE)(1,2) Portfolio Residential Real Estate (RRE)(3) Portfolio $1,002 5.37% Equipment Commercial & Industrial C&I (1,6) Finance (C&I)(1,6) Portfo
Slide 8: Deposit Portfolio
DEPOSIT PORTFOLIO Deposits ($ in millions) Total deposits increased 1.4% to $7.06 billion $7,056 $6,801 $6,955 from the prior quarter. $6,767 $6,678 3% 3% 2% 2% 2% Noninterest-bearing demand deposits represented 30.4% of total 15% 15% deposits at September 30, 2026. Estimated uninsured deposits were
Slide 9: Net Interest Income | Net Interest Margin
NET INTEREST INCOME | NET INTEREST MARGIN Net Interest Margin Net interest income for the third quarter was $67.6 million and net interest margin (taxable equivalent) 0.08% was 3.44%. -0.02% (3) (4) 0.02% (1) 3.28% (2) 3.38% 3.36% 3.44% 3.22% 3.44% 3.44% 3.38% 3.36% 3.36% ($ in millions) (4) (1) $62
Slide 10: Net Interest Income Sensitivity
NET INTEREST INCOME SENSITIVITY Loan & Deposit Beta(1) Fed Funds Rate & Rate on CDs 6.20% Fed 6.04% 5.95% 6.05% 4.25% 3.75% 3.75% 3.75% 4.00% 5.90% 5.93% 5.99% 5.95% 5.89% 5.91% 5.93% 5.94% Yield on Funds Loans Rate on Rate(3) 3.97% 3.93% 3.80% 3.67% 3.67% CDs(2) 5.50% 3Q25 4Q25 1Q26 2Q26 3Q26 Fed F
Slide 11: Noninterest Income
NONINTEREST INCOME 3Q26 Service Charges, Fees & Other（$ in millions） Noninterest income for the third quarter was $9.0 million, up 8.2% from the second quarter, primarily $1.3 Service charges on deposit accounts due to a $1.0 million increase in gain on sale of SBA 20% $2.1 $0.3 32% Trade finance an
Slide 12: Noninterest Expense
NONINTEREST EXPENSE Noninterest expense was $39.8 million for the third quarter, up 2.1% from the second quarter, primarily due to the acceleration of amortization costs related to the early redemption of our subordinated debt. Noninterest expense / 2.00% 1.98% 1.99% 1.96% average total assets 1.90%
Slide 13: Asset Quality – Delinquent & Criticized Loans
ASSET QUALITY – DELINQUENT & CRITICIZED LOANS Criticized Loans(2)（$ in millions） The $19.8 million decrease in delinquent loans in the third quarter was primarily driven by the held-for- 1.78% 1.74% 2.05% sale designation of a $21.2 million commercial real 1.48% Criticized loans / estate loan. 0.69%
Slide 14: Asset Quality – Nonperforming Assets & Nonaccrual Loans
ASSET QUALITY – NONPERFORMING ASSETS & NONACCRUAL LOANS Nonperforming assets were $10.0 million at the (2) end of the third quarter. Nonaccrual Loans（$ in millions） $19.4 $18.1 Nonperforming Assets(1)（$ in millions） Nonperforming $10.6 (4) $12.4 assets / 0.27% 0.26% $10.2 0.16% 0.12% 0.12% total ass
Slide 15: Asset Quality – Gross & Net Loan Charge-offs
ASSET QUALITY – GROSS & NET LOAN CHARGE-OFFS Net charge-offs for the third quarter were $4.3 million, or 27 bps annualized, stemming from a $3.2 million partial charge-off on a CRE loan. Net Charge-offs (Recoveries)（$ in millions） Absent this charge-off, annualized net charge-offs to average loans w
Slide 16: ACL Trend
ACL TREND The allowance for credit losses was $70.8 million at September 30, 2026, or 1.08% of total loans, Credit Loss Expense（$ in millions） effectively unchanged from the prior quarter. $4.5 Allowance for Credit Losses（$ in millions） $2.9 1.07% 1.07% 1.08% 1.08% 1.08% $2.1 $1.9 $1.2 $69.8 $69.9 $
Slide 17: ACL Analysis by Loan Type
ACL ANALYSIS BY LOAN TYPE ($ in millions) September 30, 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 Allowance Loans Allowance Loans Allowance Loans Allowance Loans Allowance Loans CRE $ 40.0 $ 4,055.7 $ 37.4 $ 4,022.3 $ 36.8 $ 3,998.1 $ 38.7 $ 4,030.1 $ 40.2 $ 4,015.3 C&I
Slide 18: Securities Portfolio
SECURITIES PORTFOLIO Available for Sale(1) Unrealized Loss The $957.9 million securities $958 Million $88 Million UST Municipal US Agy portfolio (all AFS, no HTM) represented 14% 1% 0% Municipal 12% of assets at September 30, 2026, US Agy CMO 8% UST 23% US Agy CMO 10% and had a weighted average modi
Slide 19: Liquidity
LIQUIDITY Cash & Securities at Company-only （$ in millions） The Bank and the Company had ample liquidity Balance resources at September 30, 2026. Cash $ 4 Securities (AFS) 4 $ 8 Liquidity Position（$ in millions） Liquidity Ratios Balance % of Assets Liquid Assets to Total Assets Liquid Assets to Depo
Slide 20: Capital Management
CAPITAL MANAGEMENT Dividends, Share Repurchases & TCE/TA(1)（$ in millions） Due to prudent capital management, while driving shareholder return through stable quarterly 9.99% 10.11% 10.03% 9.93% 9.80% dividends and the share repurchase program, tangible TCE / TA(1) book value per share (TBVPS)(1) was
Slide 21: Regulatory Capital
REGULATORY CAPITAL The Company exceeded regulatory minimums and the Bank remained well capitalized at September 30, 2026. Company Bank CET1 CET1 4.50% 2.50% 7.00% 6.50% Capital Capital 12.30% 13.28% 11.40% 12.39% Tier 1 Tier 1 6.00% 2.50% 8.50% 8.00% Capital Capital 12.62% 13.28% 11.72% 12.39% Total
Slide 22: USKC Loans & Deposits
USKC (1) LOANS & DEPOSITS USKC Loans – Top 10 Industries (as of 3Q26) Auto Parts Manufacturing USKC portfolio represented $780.7 million, or 12% 23% RE Investment 22% of the loan portfolio, and $1.35 billion, or 19% of Hotel 20% the deposit portfolio, at September 30, 2026. Food 7% Golf Course 4% US
Slide 23: Loan Portfolio Maturities
LOAN PORTFOLIO MATURITIES ($ in millions) <1 Year 1-3 Years >3 Years Total Real Estate Loans Retail $ 219.5 $ 342.5 $ 588.3 $ 1,150.3 Hospitality 264.1 272.2 347.4 883.7 Office 202.7 202.9 78.2 483.8 Other 322.5 447.6 756.5 1,526.6 Commercial Property $ 1,008.8 $ 1,265.2 $ 1,770.4 $ 4,044.4 Construc
Slide 24: Loan Portfolio Diversification
LOAN PORTFOLIO DIVERSIFICATION • CRE(1) represents 62% of the total portfolio • C&I(2) represents 18% of the total portfolio. Gas Station Mixed Use Construction 5% 3% Other 1% 6% Multifamily Manufacturing CRE Portfolio(1) 11% C&I Portfolio(2) Other 26% 33% $4,056M Industrial Retail $1,172M 12% 28% F
Slide 25: CRE Portfolio Geographical Exposure
CRE PORTFOLIO GEOGRAPHICAL Multifamily by State $482 Illinois Construction by State $11 EXPOSURE $12 3% Other $15 3% New York California ($ in millions) $84 $4 17% California Other 36% $284 $7 Texas 64% $87 59% CRE Composition by State 18% $4,056 Illinois Other $100 $671 2% Owner Occupied by State I
Slide 26: Office Loan Portfolio
OFFICE LOAN PORTFOLIO Portfolio by State The CRE office portfolio(1) was $483.8 million(2) at September 30, 2026, representing 7% of the total loan 5% portfolio. 8% 83% Remaining = 4% $4.0M 2.1x 57.3% Average balance of the portfolio Weighted average debt Weighted average coverage ratio(3) of the lo
Slide 27: Hospitality Segment
HOSPITALITY SEGMENT The hospitality segment represented $883.6 Hospitality by Type million,(1) or 13% of the total loan portfolio and Convention Center 22% of the total CRE portfolio, at September 30, 2026. Airport 3% 2% Resort 6% (2) Destination / $4.7M 2.03x 51.9% Suburban (3) Metropolitan (3) Ave
Slide 28: Retail Segment
RETAIL SEGMENT The retail segment represented $1.15 billion,(1) or Percentage of Portfolio 18% of the total loan portfolio, and 28% of the total CRE portfolio, at September 30, 2026. Illinois Other 2% Georgia 16% (2) 3% California $1.5M 2.03x 44.98% Texas 12% 67% Average balance of the (3) Weighted
Slide 29: Residential Real Estate Portfolio
RESIDENTIAL REAL ESTATE PORTFOLIO The RRE(1) portfolio was $1.0 billion at September Percentage of Portfolio 30, 2026, representing 15% of the total loan portfolio. Jumbo QM Our conservative underwriting policy focuses on high-quality mortgage Non-QM 2% (2) originations with maximum Loan-to-Value (L
Slide 30: Equipment Finance Portfolio
EQUIPMENT FINANCE PORTFOLIO Portfolio by Equipment 28% 30% The equipment finance portfolio represented $339.6 million, or 5% of the loan portfolio, at September 30, 2026. 8% 6% 5% 5% 5% 5% 4% 4% Portfolio by Industry Other Services (1) Other 4% 15% Transportation 18% Portfolio by State Wholesale Tra
Slide 31: 3Q26 Financial Summary
3Q26 FINANCIAL SUMMARY Change (1) ($ in millions, except EPS) September 30, 2026 June 30, 2026 September 30, 2025 Q/Q Y/Y Income Statement Summary Net interest income before credit loss $ 67.6 $ 63.9 $ 61.1 5.8% 10.6% Noninterest income 9.0 8.3 9.9 8.2% -8.6% Operating revenue 76.6 72.2 71.0 6.1% 7.
Slide 32: Tangible Common Equity to Tangible Asset Ratio
NON-GAAP RECONCILIATION: TANGIBLE COMMON EQUITY TO TANGIBLE ASSET RATIO (In thousands, except share, per share data and ratios) September 30, June 30, March 31, December 31, September 30, Hanmi Financial Corporation 2026 2026 2026 2025 2025 Assets $ 8,043,788 $ 8,001,473 $ 7,839,227 $ 7,869,185 $ 7,
Slide 33: Pro Forma Regulatory Capital
NON-GAAP RECONCILIATION: PRO FORMA REGULATORY CAPITAL ($ in thousands) Company(1) Bank(1) Common Total Common Total Equity Tier 1 Tier 1 Risk-based Equity Tier 1 Tier 1 Risk-based Regulatory capital $ 847,732 $ 869,774 $ 997,427 $ 915,740 $ 915,740 $ 988,393 Unrealized loss on AFS securities (63,028
Slide 34: Preprovision Net Revenue
NON-GAAP RECONCILIATION: P R E P R O V I S IO N N E T R E V E N U E (In thousands) Percentage Change September 30, June 30, March 31, December 31, September 30, Q3-26 Q3-26 Hanmi Financial Corporation 2026 2026 2026 2025 2025 vs. Q2-26 vs. Q3-25 Net income $ 23,683 $ 23,505 $ 22,557 $ 21,239 $ 22,06