Hanmi Financial Corporation · NASDAQ:HAFC
Hanmi Financial — Shareholder Meeting (June 2020)
15 slides from Hanmi Financial's shareholder meeting presentation, Jun 10, 2020
Slide 1: 2020 Annual Stockholders' Meeting
Hanmi Financial Corporation 2020 Annual Stockholders’ Meeting June 10, 2020
Slide 2: Safe Harbor Statement
Hanmi Financial Corporation Safe Harbor Statement 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
Slide 3: Agenda
Hanmi Financial Corporation Agenda 1. Welcome and Introductions 2. Chairman’s Remarks 3. Opening of Polls and Call to Order 4. Presentation of Proof of Notice of Meeting 5. Presentation of Proof of Quorum 6. Presentation of Proposals A. Election of Directors B. Advisory Non - Binding Approval of the
Slide 4: Board of Directors
Hanmi Financial Corporation Board of Directors 4
Slide 5: Senior Management
Hanmi Financial Corporation Senior Management 5 Chief Financial Officer Ron Santarosa Chief Credit Administration Officer Matt Fuhr Chief Credit Risk Officer Mike Park Chief Risk Officer Michael Du Chief Banking Officer Anthony Kim Chief SBA Lending Officer Anna Chung California Regional President P
Slide 6: Management's Report
Hanmi Financial Corporation Management’s Report 6 “As the COVID - 19 crisis continues, we are focused on ensuring the health and safety of our employees, customers, partners and communities we have served for nearly four decades. As a community bank, our core mission is to help the communities in wh
Slide 7: Managing Through Turbulent Times
Hanmi Financial Corporation 7 Community Customers Employees • Partnered with the Koreatown Youth and Community Center to provide critical food and supplies • Working with hospitals in CA, IL, TX and NY to deliver a total of 4,000 masks • Participated in early efforts to educate our customers about t
Slide 8: Hanmi's Strengths in the Midst of COVID-19 Crisis
Hanmi Financial Corporation 8 Capital Liquidity Balance Sheet • The bank remains well capitalized, significantly above the regulatory requirements • The bank’s asset quality remains strong, with NPAs at 0.93% of total assets and ACL at 1.46% of loans • The bank, with $4.6 billion of deposits, has $2
Slide 9: Supporting our Customers: Paycheck Protection Program
Hanmi Financial Corporation 9 Supporting our Customers PAYCHECK PROTECTION PROGRAM * 3,009 # of Loans Funded $305M $ of Loans Funded FUNDING DISTRIBUTION * 2,858 $155M $54K # of Loans Funded $ Total Funding $ Average Loan Size LOANS UP TO $350K 135 $98M $723K LOANS BETWEEN $350K AND $2M 16 $53M $3M
Slide 10: 2019 Financial Highlights
Hanmi Financial Corporation 2019 Financial Highlights □ Net income of $32.8 million or $1.06 per share. □ Net income for the year included a $22.6 million specific provision for loan and lease losses related to a $ 39.7 million troubled loan relationship. □ Annual 2019 dividend of $0.96 per share. □
Slide 11: Earnings Performance
Hanmi Financial Corporation Earnings Performance 11 $53.8 $56.5 $54.7 $57.9 $32.8 $1.68 $1.75 $1.69 $1.79 $1.06 2015 2016 2017 2018 2019 Net Income Diluted EPS ($ in millions, except per share amounts)
Slide 12: Loan Growth
Hanmi Financial Corporation Loan Growth 12 $3,183 $3,845 $4,304 $4,601 $4,610 2015 2016 2017 2018 2019 ($ in millions)
Slide 13: Deposit Growth
Hanmi Financial Corporation Deposit Growth 13 $3,510 $3,810 $4,348 $4,747 $4,699 2015 2016 2017 2018 2019 ($ in millions)
Slide 14: Capital Ratios
Hanmi Financial Corporation Well - Capitalized 14 15.11% 11.78% 11.36% 10.15% 9.98% Total Risk Based Capital Tier 1 Risk Based Capital Common Equity Tier 1 Tier 1 Leverage Tangible Common Equity/Tangible Assets Capital Ratios As of December 31, 2019 (1) Minimum threshold for a well - capitalized ins
Slide 15: Hanmi Financial Corporation 15
Hanmi Financial Corporation 15