Equibles

8-K

HANMI FINANCIAL CORP (HAFC)

8-K 2025-10-21 For: 2025-10-21
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Added on April 04, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  October 21, 2025

HANMI FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 000-30421 95-4788120
(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

900 Wilshire Boulevard, Suite 1250

Los Angeles, CA 90017

(Address of Principal Executive Offices) (Zip Code)

(213) 382-2200

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.001 par value HAFC Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company,indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On October 21, 2025, Hanmi Financial Corporation (“Hanmi Financial”) issued a press release announcing its financial results for the quarter ended September 30, 2025. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K. In connection therewith, Hanmi Financial provided a supplemental presentation on its website at https://investors.hanmi.com. A copy of the supplemental presentation is attached hereto as Exhibit 99.2.

This information set forth under “Item 2.02. Results of Operations and Financial Condition,” including Exhibit 99.1 and 99.2 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release issued by Hanmi Financial dated October 21, 2025
99.1 Hanmi Financial Third Quarter 2025 Earnings Supplemental Presentation
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Forward-Looking Statements

This press release contains forward-looking statements, which are included in accordance with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward–looking statements” for purposes of federal and state securities laws, including, but not limited to, statements about our anticipated future operating and financial performance, financial position and liquidity, business strategies, regulatory and competitive outlook, investment and expenditure plans, capital and financing needs and availability, plans and objectives of management for future operations, developments regarding our capital and strategic plans, and other similar forecasts and statements of expectation and statements of assumption underlying any of the foregoing. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of such terms and other comparable terminology. Although we believe that our forward-looking statements to be reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statements. These factors include the following:

• a failure to maintain adequate levels of capital and liquidity to support our operations;
• general economic and business conditions internationally, nationally and in those areas in which we operate, including any potential recessionary conditions;
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• volatility and deterioration in the credit and equity markets;
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• changes in investor sentiment or consumer spending, borrowing and savings habits;
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• availability of capital from private and government sources;
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• demographic changes;
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• competition for loans and deposits and failure to attract or retain loans and deposits;
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• inflation and fluctuations in interest rates that reduce our margins and yields, the fair value of financial instruments, the level of loan originations or prepayments on loans we have made and make, the level of loan sales and the cost we pay to retain and attract deposits and secure other types of funding;
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• our ability to enter new markets successfully and capitalize on growth opportunities;
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• the imposition of tariffs or other domestic or international governmental polices and retaliatory responses;
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• the impact of the current federal government shutdown, including our ability to effect sales of small business administration loans;
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• the current or anticipated impact of military conflict, terrorism or other geopolitical events;
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• the effect of potential future supervisory action against us or Hanmi Bank and our ability to address any issues raised in our regulatory exams;
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• risks of natural disasters;
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• legal proceedings and litigation brought against us;
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• a failure in or breach of our operational or security systems or infrastructure, including cyberattacks;
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• the failure to maintain current technologies;
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• risks associated with Small Business Administration loans;
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• failure to attract or retain key employees;
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• our ability to access cost-effective funding;
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• changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio;
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• fluctuations in real estate values;
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• changes in accounting policies and practices;
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• changes in governmental regulation, including, but not limited to, any increase in FDIC insurance premiums and changes in the monetary policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System;
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• the ability of Hanmi Bank to make distributions to Hanmi Financial Corporation, which is restricted by certain factors, including Hanmi Bank’s retained earnings, net income, prior distributions made, and certain other financial tests;
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• strategic transactions we may enter into;
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• the adequacy of and changes in the economic assumptions and methodology for computing our allowance for credit losses;
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• our credit quality and the effect of credit quality on our credit losses expense and allowance for credit losses;
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• changes in the financial performance and/or condition of our borrowers and the ability of our borrowers to perform under the terms of their loans and other terms of credit agreements;
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• our ability to control expenses; and
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• cyber security and fraud risks against our information technology and those of our third-party providers and vendors.
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In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission, including, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that we will file hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HANMI FINANCIAL CORPORATION
Date: October 21, 2025 By: /s/ Bonita I. Lee
Bonita I. Lee
Chief Executive Officer

EdgarFiling EXHIBIT 99.1

Hanmi Reports 2025 Third Quarter Results

LOS ANGELES, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the third quarter of 2025.

Net income for the third quarter of 2025 was $22.1 million, or $0.73 per diluted share, compared with $15.1 million, or $0.50 per diluted share, for the second quarter of 2025. The return on average assets for the third quarter of 2025 was 1.12% and the return on average equity was 10.69%, compared with a return on average assets of 0.79% and a return on average equity of 7.48% for the second quarter of 2025.

CEO Commentary

“Hanmi delivered outstanding third quarter results, which highlights the strength of our enduring franchise,” said Bonnie Lee, President and Chief Executive Officer. “Our net interest margin expanded by 15 basis points to 3.22% and preprovision net revenue increased 16.4% quarter-over-quarter driven by robust growth in net interest income and well-managed expenses. As a result, we generated a return on average equity of 10.69%.”

“Loan growth was healthy, supported by loan production of $571 million, up 73% from the prior quarter with a strong contribution coming from commercial loans. Our ongoing investments in our commercial lending teams, the USKC initiative and expansion into new markets, helped drive production for this key asset class. These investments also contributed to a 2.4% annualized increase in deposits, with noninterest-bearing demand deposits holding steady at approximately 31% of total deposits.”

“Importantly, our excellent credit quality improved further with reductions in criticized loans and nonperforming assets. This progress reflects our comprehensive and proactive asset management practices, as well as our conservative credit underwriting culture.”

“As we look ahead, we’re energized by the momentum and strength across all aspects of our business. We remain focused on executing our strategies, deepening client relationships, and optimizing our balance sheet to deliver durable, long-term value for our shareholders,” concluded Lee.

Third Quarter 2025 Highlights:

  • Third quarter net income increased 45.9% to $22.1 million, or $0.73 per diluted share from the second quarter; a $3.9 million increase in net interest income and a $5.5 million decrease in credit loss expense led to the increase in net income.
  • Loans receivable were $6.53 billion at September 30, 2025, up 3.5% from the end of the second quarter; loan production for the third quarter accelerated to $570.8 million, with a weighted average interest rate of 6.91%.
  • Deposits were $6.77 billion at September 30, 2025, up 0.6% from the end of the second quarter; noninterest-bearing demand deposits were 30.8% of total deposits at the end of the third quarter and the ratio of average loans to average deposits for the third quarter was 94.6%.
  • Preprovision net revenue^1^ increased $4.7 million or 16.4% from the previous quarter, reflecting a 6.9% increase in net interest income, a 15 basis point increase in the net interest margin, a 22.4% increase in noninterest income and well-managed noninterest expenses with the efficiency ratio declining to 52.65%.
  • Credit loss expense for the third quarter was $2.1 million, a decrease of $5.5 million from the second quarter; the allowance for credit losses increased $3.0 million to $69.8 million, or 1.07% of loans; there were net loan recoveries for the third quarter of $0.5 million which included a $2.0 million recovery on a previously charged-off loan.
  • Nonperforming assets were $21.4 million at September 30, 2025, or 0.27% of loans, down 17.7% from the previous quarter; criticized loans also declined 2.6% to $45.4 million, or 0.69% of total loans.
  • Hanmi's capital position stayed strong with the ratio of tangible common equity to tangible assets^2^ at 9.80%; during the third quarter, the company repurchased 199,698 common shares at a weighted average price of $23.45.

For more information about Hanmi, please see the Q3 2025 Investor Update (and Supplemental Financial Information), which is available on the Bank’s website at www.hanmi.com and via a current report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov. Also, please refer to “Non-GAAP Financial Measures” herein for further details of the presentation of certain non-GAAP financial measures.

Quarterly Highlights (Dollars in thousands, except per share data)

As of or for the Three Months Ended Amount Change
Sep 30 Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Net income $ 22,061 $ 15,117 $ 17,672 $ 17,695 $ 14,892 $ 6,944 $ 7,169
Net income per diluted common share $ 0.73 $ 0.50 $ 0.58 $ 0.58 $ 0.49 $ 0.23 $ 0.24
Assets $ 7,856,731 $ 7,862,363 $ 7,729,035 $ 7,677,925 $ 7,712,299 $ (5,632 ) $ 144,432
Loans receivable $ 6,528,259 $ 6,305,957 $ 6,282,189 $ 6,251,377 $ 6,257,744 $ 222,302 $ 270,515
Deposits $ 6,766,639 $ 6,729,122 $ 6,619,475 $ 6,435,776 $ 6,403,221 $ 37,517 $ 363,418
Return on average assets 1.12 % 0.79 % 0.94 % 0.93 % 0.79 % 0.33 0.33
Return on average stockholders' equity 10.69 % 7.48 % 8.92 % 8.89 % 7.55 % 3.21 3.14
Net interest margin 3.22 % 3.07 % 3.02 % 2.91 % 2.74 % 0.15 0.48
Efficiency ratio ^(1)^ 52.65 % 55.74 % 55.69 % 56.79 % 59.98 % -3.09 -7.33
Tangible common equity to tangible assets ^(2)^ 9.80 % 9.58 % 9.59 % 9.41 % 9.42 % 0.22 0.38
Tangible common equity per common share ^(2)^ $ 25.64 $ 24.91 $ 24.49 $ 23.88 $ 24.03 0.73 1.61
^(1)^Noninterest expense divided by net interest income plus noninterest income.
^(2)^Refer to "Non-GAAP Financial Measures" for further details.

Results of Operations Net interest income for the third quarter was $61.1 million, up 6.9% from $57.1 million for the second quarter of 2025. The net interest margin (taxable-equivalent) increased 15 basis points to 3.22%; the average yield on loans increased 10 basis points to 6.03% while the average cost of interest-bearing deposits declined eight basis points to 3.56%; net interest margin and the average loan yield benefited by three and four basis points, respectively, from a $0.6 million recovery of a previously charged-off loan.

Average interest-earning assets increased $78.3 million, or 1.0% and the average yield increased by ten basis points, primarily due to the increased production of commercial loans. Average loans receivable increased $46.7 million, or 0.7%. Third quarter loan prepayment fees were $0.3 million, compared with $0.2 million for the second quarter. Average interest-bearing liabilities increased $46.4 million, or 1.0%, while the average rate paid declined eight basis points due to the lower interest rate environment. Average interest-bearing deposits increased 1.7% while the average rate paid declined by eight basis points to 3.56%. Average borrowings decreased $32.4 million, or 53.8%, while the average rate paid increased five basis points.

For the Three Months Ended (in thousands) Percentage Change
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
Net Interest Income 2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Interest and fees on loans receivable^(1)^ $ 95,691 $ 92,589 $ 90,887 $ 91,545 $ 92,182 3.4 % 3.8 %
Interest on securities 6,592 6,261 6,169 5,866 5,523 5.3 % 19.4 %
Dividends on FHLB stock 357 354 360 360 356 0.8 % 0.3 %
Interest on deposits in other banks 2,586 2,129 1,841 2,342 2,356 21.5 % 9.8 %
Total interest and dividend income $ 105,226 $ 101,333 $ 99,257 $ 100,113 $ 100,417 3.8 % 4.8 %
Interest on deposits 42,244 41,924 40,559 43,406 47,153 0.8 % -10.4 %
Interest on borrowings 324 684 2,024 1,634 1,561 -52.6 % -79.2 %
Interest on subordinated debentures 1,579 1,586 1,582 1,624 1,652 -0.4 % -4.4 %
Total interest expense 44,147 44,194 44,165 46,664 50,366 -0.1 % -12.3 %
Net interest income $ 61,079 $ 57,139 $ 55,092 $ 53,449 $ 50,051 6.9 % 22.0 %
^(1)^Includes loans held for sale.
For the Three Months Ended (in thousands) Percentage Change
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Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
Average Earning Assets and Interest-bearing Liabilities 2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Loans receivable ^(1)^ $ 6,304,435 $ 6,257,741 $ 6,189,531 $ 6,103,264 $ 6,112,324 0.7 % 3.1 %
Securities 985,888 993,975 1,001,499 998,313 986,041 -0.8 % 0.0 %
FHLB stock 16,385 16,385 16,385 16,385 16,385 0.0 % 0.0 %
Interest-bearing deposits in other banks 239,993 200,266 176,028 204,408 183,027 19.8 % 31.1 %
Average interest-earning assets $ 7,546,701 $ 7,468,367 $ 7,383,443 $ 7,322,370 $ 7,297,777 1.0 % 3.4 %
Demand: interest-bearing $ 86,839 $ 81,308 $ 79,369 $ 79,784 $ 83,647 6.8 % 3.8 %
Money market and savings 2,122,967 2,109,221 2,037,224 1,934,540 1,885,799 0.7 % 12.6 %
Time deposits 2,494,285 2,434,659 2,345,346 2,346,363 2,427,737 2.4 % 2.7 %
Average interest-bearing deposits 4,704,091 4,625,188 4,461,939 4,360,687 4,397,183 1.7 % 7.0 %
Borrowings 27,772 60,134 179,444 141,604 143,479 -53.8 % -80.6 %
Subordinated debentures 130,766 130,880 130,718 130,567 130,403 -0.1 % 0.3 %
Average interest-bearing liabilities $ 4,862,629 $ 4,816,202 $ 4,772,101 $ 4,632,858 $ 4,671,065 1.0 % 4.1 %
Average Noninterest Bearing Deposits
Demand deposits - noninterest bearing $ 1,960,331 $ 1,934,985 $ 1,895,953 $ 1,967,789 $ 1,908,833 1.3 % 2.7 %
^(1)^Includes loans held for sale.
For the Three Months Ended Yield/Rate Change
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Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
Average Yields and Rates 2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Loans receivable^(1)^ 6.03 % 5.93 % 5.95 % 5.97 % 6.00 % 0.10 0.03
Securities ^(2)^ 2.70 % 2.55 % 2.49 % 2.38 % 2.27 % 0.15 0.43
FHLB stock 8.65 % 8.65 % 8.92 % 8.75 % 8.65 % 0.00 0.00
Interest-bearing deposits in other banks 4.27 % 4.26 % 4.24 % 4.56 % 5.12 % 0.01 -0.85
Interest-earning assets 5.54 % 5.44 % 5.45 % 5.45 % 5.48 % 0.10 0.06
Interest-bearing deposits 3.56 % 3.64 % 3.69 % 3.96 % 4.27 % -0.08 -0.71
Borrowings 4.63 % 4.58 % 4.57 % 4.59 % 4.33 % 0.05 0.30
Subordinated debentures 4.83 % 4.84 % 4.84 % 4.97 % 5.07 % -0.01 -0.24
Interest-bearing liabilities 3.60 % 3.68 % 3.75 % 4.01 % 4.29 % -0.08 -0.69
Net interest margin (taxable equivalent basis) 3.22 % 3.07 % 3.02 % 2.91 % 2.74 % 0.15 0.48
Cost of deposits 2.51 % 2.56 % 2.59 % 2.73 % 2.97 % -0.05 -0.46
^(1)^Includes loans held for sale.
^(2)^Amounts calculated on a fully taxable equivalent basis using the federal tax rate in effect for the periods presented.

Credit loss expense for the third quarter was $2.1 million, compared with $7.6 million for the second quarter of 2025. The decrease in credit loss expense reflected the decrease in net charge-offs, partially offset by an increase in qualitative estimated loss rates. Third quarter credit loss expense included a $2.5 million credit loss expense for loan losses and a $0.4 million credit loss recovery for off-balance sheet items. Second quarter credit loss expense included a $7.5 million credit loss expense for loan losses and a $0.1 million credit loss expense for off-balance sheet items.

Noninterest income was $9.9 million for the third quarter, up $1.8 million, or 22.4% from the second quarter. The increase was primarily due to a $1.2 million gain on sale of residential mortgage loans, a $0.5 million increase in bank-owned life insurance income from death benefit claims and a $0.2 million increase in servicing income, partially offset by a $0.3 million decrease from the gain on sale of SBA loans. The volume of residential mortgage loan sales during the third quarter was $67.8 million with a premium of 2.43%. There were no residential mortgage loan sales during the second quarter. Gain on sale of SBA loans was $1.9 million for the third quarter of 2025, compared with $2.2 million for the second quarter of 2025. The volume of SBA loans sold for the third quarter decreased to $32.6 million from $35.4 million for the second quarter of 2025, while trade premiums were 6.95% for the third quarter of 2025 compared with 7.61% for the second quarter.

For the Three Months Ended (in thousands) Percentage Change
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
Noninterest Income 2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Service charges on deposit accounts $ 2,160 $ 2,169 $ 2,217 $ 2,192 $ 2,311 -0.4 % -6.5 %
Trade finance and other service charges and fees 1,551 1,461 1,396 1,364 1,254 6.2 % 23.7 %
Servicing income 924 754 732 668 817 22.5 % 13.1 %
Bank-owned life insurance income 1,259 708 309 316 320 77.8 % 293.4 %
All other operating income 973 819 897 1,037 1,008 18.8 % -3.5 %
Service charges, fees & other 6,867 5,911 5,551 5,577 5,710 16.2 % 20.3 %
Gain on sale of SBA loans 1,857 2,160 2,000 1,443 1,544 -14.0 % 20.3 %
Gain on sale of mortgage loans 1,156 - 175 337 324 100.0 % 256.8 %
Gain on sale of bank premises - - - - 860 0.0 % -100.0 %
Total noninterest income $ 9,880 $ 8,071 $ 7,726 $ 7,357 $ 8,438 22.4 % 17.1 %

Noninterest expense for the third quarter increased $1.1 million to $37.4 million from $36.3 million for the second quarter of 2025. Third quarter noninterest expense was up 2.8% from the second quarter primarily due to a $0.6 million gain on sale of an other-real-estate-owned property during the second quarter. Additionally, professional fees increased $0.3 million, and occupancy and equipment increased $0.2 million. The efficiency ratio for the third quarter was 52.65%, compared with 55.74% for the second quarter of 2025.

For the Three Months Ended (in thousands) Percentage Change
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Noninterest Expense
Salaries and employee benefits $ 22,163 $ 22,069 $ 20,972 $ 20,498 $ 20,851 0.4 % 6.3 %
Occupancy and equipment 4,507 4,344 4,450 4,503 4,499 3.8 % 0.2 %
Data processing 3,860 3,727 3,787 3,800 3,839 3.6 % 0.5 %
Professional fees 1,978 1,725 1,468 1,821 1,492 14.7 % 32.6 %
Supplies and communication 423 515 517 551 538 -17.9 % -21.4 %
Advertising and promotion 712 798 585 821 631 -10.8 % 12.8 %
All other operating expenses 3,665 3,567 3,175 3,847 2,875 2.7 % 27.5 %
Subtotal 37,308 36,745 34,954 35,841 34,725 1.5 % 7.4 %
Other real estate owned expense (income) 17 (461 ) 41 (1,588 ) 77 -103.7 % 77.9 %
Repossessed personal property expense (income) 32 63 (11 ) 281 278 -49.2 % -88.5 %
Total noninterest expense $ 37,357 $ 36,347 $ 34,984 $ 34,534 $ 35,080 2.8 % 6.5 %

Hanmi recorded a provision for income taxes of $9.4 million for the third quarter of 2025, compared with $6.1 million for the second quarter of 2025, representing an effective tax rate of 29.9% and 28.8%, respectively. For the nine months ended September 30, 2025 and 2024, the provision for income taxes was $23.0 million and $18.8 million, representing an effective tax rate of 29.5% and 29.7%, respectively.

Financial Position Total assets at September 30, 2025 were $7.86 billion, unchanged from $7.86 billion at June 30, 2025. Nonetheless, changes in assets included a $164.4 million decrease in cash, a $43.1 million decrease in loans held for sale, a $219.3 million increase in loans, net of allowance for credit losses, and a $13.4 million decrease in securities available for sale.

Loans held-for-sale were $6.5 million at September 30, 2025, down from $49.6 million at June 30, 2025. At the end of the third quarter, loans held-for-sale consisted solely of the guaranteed portion of SBA 7(a) loans. At the end of the second quarter, loans held-for-sale included $41.9 million of residential mortgage loans as well as $7.7 million of the guaranteed portion of SBA 7(a) loans.

As of (in thousands) Percentage Change
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Loan Portfolio
Commercial real estate loans $ 4,015,291 $ 3,948,922 $ 3,975,651 $ 3,949,622 $ 3,932,088 1.7 % 2.1 %
Residential/consumer loans 1,043,577 993,869 979,536 951,302 939,285 5.0 % 11.1 %
Commercial and industrial loans 1,052,522 917,995 854,406 863,431 879,092 14.7 % 19.7 %
Equipment finance 416,869 445,171 472,596 487,022 507,279 -6.4 % -17.8 %
Loans receivable 6,528,259 6,305,957 6,282,189 6,251,377 6,257,744 3.5 % 4.3 %
Loans held for sale 6,512 49,611 11,831 8,579 54,336 -86.9 % -88.0 %
Total $ 6,534,771 $ 6,355,568 $ 6,294,020 $ 6,259,956 $ 6,312,080 2.8 % 3.5 %
As of
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30,
2025 2025 2025 2024 2024
Composition of Loan Portfolio
Commercial real estate loans 61.4 % 62.2 % 63.1 % 63.1 % 62.3 %
Residential/consumer loans 16.0 % 15.6 % 15.6 % 15.2 % 14.9 %
Commercial and industrial loans 16.1 % 14.4 % 13.6 % 13.8 % 13.9 %
Equipment finance 6.4 % 7.0 % 7.5 % 7.8 % 8.0 %
Loans receivable 99.9 % 99.2 % 99.8 % 99.9 % 99.1 %
Loans held for sale 0.1 % 0.8 % 0.2 % 0.1 % 0.9 %
Total 100.0 % 100.0 % 100.0 % 100.0 % 100.0 %

New loan production was $570.8 million for the third quarter of 2025 with a weighted average rate of 6.91%, while payoffs were $143.0 million during the quarter at an average interest rate of 7.16%.

Commercial and industrial loan production for the third quarter of 2025 was $211.5 million. Commercial real estate loan production was $176.8 million. Residential mortgage loan production was $103.2 million. SBA loan production was $44.9 million, and equipment finance production was $34.3 million.

For the Three Months Ended (in thousands)
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30,
2025 2025 2025 2024 2024
New Loan Production
Commercial real estate loans $ 176,826 $ 111,993 $ 146,606 $ 146,716 $ 110,246
Residential/consumer loans 103,247 83,761 55,000 40,225 40,758
Commercial and industrial loans 211,454 53,444 42,344 60,159 105,086
SBA loans 44,931 46,829 55,242 49,740 51,616
Equipment finance 34,315 33,567 46,749 42,168 40,066
Subtotal 570,773 329,594 345,941 339,008 347,772
Payoffs (142,963 ) (119,139 ) (125,102 ) (137,933 ) (77,603 )
Amortization (60,939 ) (151,357 ) (90,743 ) (60,583 ) (151,674 )
Loan sales (100,452 ) (35,388 ) (42,193 ) (67,852 ) (43,868 )
Net line utilization (39,497 ) 12,435 (53,901 ) (75,651 ) 9,426
Charge-offs & OREO (4,620 ) (12,377 ) (3,190 ) (3,356 ) (2,668 )
Loans receivable-beginning balance 6,305,957 6,282,189 6,251,377 6,257,744 6,176,359
Loans receivable-ending balance $ 6,528,259 $ 6,305,957 $ 6,282,189 $ 6,251,377 $ 6,257,744

Deposits were $6.77 billion at the end of the third quarter of 2025, up $37.5 million, or 0.6%, from $6.73 billion at the end of the prior quarter. Driving the change was a $57.9 million increase in time deposits and a $1.2 million increase in money market and savings deposits, partially offset by demand deposit decreases of $22.0 million. Noninterest-bearing demand deposits represented 30.8% of total deposits at September 30, 2025 and the ratio of average loans to average deposits for the third quarter was 94.6%.

As of (in thousands) Percentage Change
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Deposit Portfolio
Demand: noninterest-bearing $ 2,087,132 $ 2,105,369 $ 2,066,659 $ 2,096,634 $ 2,051,790 -0.9 % 1.7 %
Demand: interest-bearing 86,834 90,172 80,790 80,323 79,287 -3.7 % 9.5 %
Money market and savings 2,094,028 2,092,847 2,073,943 1,933,535 1,898,834 0.1 % 10.3 %
Time deposits 2,498,645 2,440,734 2,398,083 2,325,284 2,373,310 2.4 % 5.3 %
Total deposits $ 6,766,639 $ 6,729,122 $ 6,619,475 $ 6,435,776 $ 6,403,221 0.6 % 5.7 %
As of
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30,
2025 2025 2025 2024 2024
Composition of Deposit Portfolio
Demand: noninterest-bearing 30.8 % 31.3 % 31.2 % 32.6 % 32.0 %
Demand: interest-bearing 1.3 % 1.3 % 1.2 % 1.2 % 1.2 %
Money market and savings 31.0 % 31.1 % 31.3 % 30.0 % 29.7 %
Time deposits 36.9 % 36.3 % 36.3 % 36.2 % 37.1 %
Total deposits 100.0 % 100.0 % 100.0 % 100.0 % 100.0 %

Stockholders’ equity at September 30, 2025 was $779.6 million, up $16.8 million from $762.8 million at June 30, 2025. The increase included net income, net of dividends paid, of $14.0 million for the third quarter. In addition, the increase in stockholders' equity included a $6.4 million decrease in unrealized after-tax losses on securities available for sale due to changes in interest rates during the third quarter of 2025. Hanmi also repurchased 199,698 shares of common stock at an average share price of $23.45 with an aggregate cost of $4.7 million, during the quarter. At September 30, 2025, 910,802 shares remain under Hanmi’s share repurchase program. Tangible common stockholders’ equity was $768.5 million, or 9.80% of tangible assets at September 30, 2025 compared with $751.8 million, or 9.58% of tangible assets at the end of the prior quarter. Please refer to the Non-GAAP Financial Measures section below for more information.

Hanmi and the Bank exceeded minimum regulatory capital requirements, and the Bank continues to exceed the minimum for the “well capitalized” category. At September 30, 2025, Hanmi’s preliminary common equity tier 1 capital ratio was 12.00% and its total risk-based capital ratio was 15.05%, compared with 12.12% and 15.20%, respectively, at the end of the prior quarter.

As of Ratio Change
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Regulatory Capital ratios^(1)^
Hanmi Financial
Total risk-based capital 15.05 % 15.20 % 15.28 % 15.24 % 15.03 % -0.15 0.02
Tier 1 risk-based capital 12.33 % 12.46 % 12.46 % 12.46 % 12.29 % -0.13 0.04
Common equity tier 1 capital 12.00 % 12.12 % 12.12 % 12.11 % 11.95 % -0.12 0.05
Tier 1 leverage capital ratio 10.64 % 10.63 % 10.67 % 10.63 % 10.56 % 0.01 0.08
Hanmi Bank
Total risk-based capital 14.28 % 14.39 % 14.47 % 14.43 % 14.27 % -0.11 0.01
Tier 1 risk-based capital 13.20 % 13.32 % 13.34 % 13.36 % 13.23 % -0.12 -0.03
Common equity tier 1 capital 13.20 % 13.32 % 13.34 % 13.36 % 13.23 % -0.12 -0.03
Tier 1 leverage capital ratio 11.46 % 11.43 % 11.49 % 11.47 % 11.43 % 0.03 0.03
^(1)^Preliminary ratios for September 30, 2025

Asset Quality Loans 30 to 89 days past due and still accruing were 0.18% of loans at the end of the third quarter of 2025, compared with 0.17% at the end of the prior quarter.

Criticized loans totaled $45.4 million at September 30, 2025, down from $46.6 million at the end of the prior quarter. The $1.2 million decrease resulted from a $5.3 million decrease in classified loans, offset by a $4.1 million increase in special mention loans. The $4.1 million increase in special mention loans included downgrades of $4.3 million partially offset by amortization/paydown of $0.2 million. The $5.3 million decrease in classified loans included a $2.0 million transfer to other-real-estate-owned, $2.4 million of equipment financing charge-offs, $1.2 million of amortization/paydowns, $3.8 million of loan upgrades and, $2.8 million of payoffs, offset by $7.1 million in additions. Additions included newly classified equipment financing agreements of $3.1 million and loan downgrades of $4.0 million.

Nonperforming loans were $19.4 million at September 30, 2025, down from $26.0 million at the end of the prior quarter. The $6.6 million decrease primarily reflected loan upgrades of $3.8 million, equipment financing agreement charge-offs of $2.4 million, $2.0 million transferred to other-real-estate-owned, $1.1 million in paydowns, and pay-offs of $0.7 million. Additions included $0.5 million of loans and $3.1 million of equipment financing agreements.

Nonperforming assets were $21.4 million at September 30, 2025, down from $26.0 million at the end of the prior quarter, which reflected the decrease in nonperforming loans, offset by a $2.0 million increase in other-real-estate-owned due to the addition of two hospitality industry commercial real estate loans. As a percentage of total assets, nonperforming assets were 0.27% at September 30, 2025, and 0.33% at the end of the prior quarter.

Gross charge-offs for the third quarter of 2025 were $2.6 million, compared with $12.4 million for the preceding quarter. The decrease in gross charge-offs was primarily due to a $8.6 million charge-off on a commercial real estate loan designated as nonaccrual during the second quarter of 2025. Charge-offs during the third quarter included $2.4 million of equipment financing agreements. Recoveries of previously charged-off loans were $3.1 million in the third quarter of 2025, which included a $2.0 million recovery on a previously charged-off loan in the healthcare industry and $0.8 million of recoveries on equipment financing agreements. As a result, there were $0.5 million of net recoveries for the third quarter of 2025, compared to net charge-offs of $11.4 million for the prior quarter.

The allowance for credit losses was $69.8 million at September 30, 2025, compared with $66.8 million at June 30, 2025. Collectively evaluated allowances increased $2.7 million and specific allowances for loans increased $0.3 million. The increase in the collectively evaluated allowance was due to an increase in qualitative loss factors. The ratio of the allowance for credit losses to loans was 1.07% at September 30, 2025 and 1.06% at the end of the prior quarter.

Amount Change
Jun 30, Mar 31, Dec 31, Sep 30, Q3-25 Q3-25
2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Asset Quality Data and Ratios
Delinquent loans:
Loans, 30 to 89 days past due and still accruing 11,560 $ 10,953 $ 17,312 $ 18,454 $ 15,027 $ 607 $ (3,467 )
Delinquent loans to total loans 0.18 % 0.17 % 0.28 % 0.30 % 0.24 % 0.00 (0.06 )
Criticized loans:
Special mention 16,775 $ 12,700 $ 118,380 $ 139,613 $ 131,575 $ 4,075 $ (114,800 )
Classified 28,590 33,857 46,519 25,683 28,377 (5,267 ) 213
Total criticized loans(1) 45,365 $ 46,557 $ 164,899 $ 165,296 $ 159,952 $ (1,192 ) $ (114,587 )
Criticized loans to total loans 0.69 % 0.74 % 2.62 % 2.64 % 2.56 % (0.05 ) (1.87 )
Nonperforming assets:
Nonaccrual loans 19,369 $ 25,967 $ 35,458 $ 14,272 $ 15,248 $ (6,598 ) $ 4,121
Loans 90 days or more past due and still accruing - - 112 - 242 - (242 )
Nonperforming loans(2) 19,369 25,967 35,570 14,272 15,490 (6,598 ) 3,879
Other real estate owned, net 1,995 - 117 117 772 1,995 1,223
Nonperforming assets(3) 21,364 $ 25,967 $ 35,687 $ 14,389 $ 16,262 $ (4,603 ) $ 5,102
Nonperforming assets to assets(2) 0.27 % 0.33 % 0.46 % 0.19 % 0.21 % -0.06 0.06
Nonperforming loans to total loans 0.30 % 0.41 % 0.57 % 0.23 % 0.25 % -0.11 0.05
(1) Includes nonaccrual loans of 19.4 million, 24.1 million, 34.4 million, 13.4 million, and 13.6 million as of Q3-25, Q2-25, Q1-25, Q4-24, and Q3-24, respectively.
(2) Excludes a 27.2 million nonperforming loan held-for-sale as of September 30, 2024.
(3) Excludes repossessed personal property of 0.4 million, 0.6 million, 0.7 million, 0.6 million, and 1.2 million as of Q3-25, Q2-25, Q1-25, Q4-24, and Q3-24, respectively.

All values are in US Dollars.

As of or for the Three Months Ended (in thousands)
Sep 30, Jun 30, Mar 31, Dec 31, Sep 30,
2025 2025 2025 2024 2024
Allowance for credit losses related to loans:
Balance at beginning of period $ 66,756 $ 70,597 $ 70,147 $ 69,163 $ 67,729
Credit loss expense (recovery) on loans 2,543 7,523 2,396 855 2,310
Net loan (charge-offs) recoveries 482 (11,364 ) (1,946 ) 129 (876 )
Balance at end of period $ 69,781 $ 66,756 $ 70,597 $ 70,147 $ 69,163
Net loan charge-offs (recoveries) to average loans ^(1)^ -0.03 % 0.73 % 0.13 % -0.01 % 0.06 %
Allowance for credit losses to loans 1.07 % 1.06 % 1.12 % 1.12 % 1.11 %
Allowance for credit losses related to off-balance sheet items:
Balance at beginning of period $ 2,506 $ 2,399 $ 2,074 $ 1,984 $ 2,010
Credit loss expense (recovery) on off-balance sheet items (399 ) 107 325 90 (26 )
Balance at end of period $ 2,107 $ 2,506 $ 2,399 $ 2,074 $ 1,984
Unused commitments to extend credit $ 952,475 $ 915,847 $ 896,282 $ 782,587 $ 739,975
^(1)^Annualized

Corporate Developments On July 24, 2025, Hanmi’s Board of Directors declared a cash dividend on its common stock for the 2025 third quarter of $0.27 per share. Hanmi paid the dividend on August 20, 2025, to stockholders of record as of the close of business on August 5, 2025.

Earnings Conference Call         Hanmi Bank will host its third quarter 2025 earnings conference call today, October 21, 2025, at 2:00 p.m. PST (5:00 p.m. EST) to discuss these results. This call will also be webcast. To access the call, please dial 1-877-407-9039 before 2:00 p.m. PST, using access code Hanmi Bank. To listen to the call online, either live or archived, please visit Hanmi’s Investor Relations website at https://investors.hanmi.com/ where it will also be available for replay approximately one hour following the call.

About Hanmi Financial Corporation Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 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. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

Forward-Looking Statements This press release contains forward-looking statements, which are included in accordance with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward–looking statements” for purposes of federal and state securities laws, including, but not limited to, statements about our anticipated future operating and financial performance, financial position and liquidity, business strategies, regulatory and competitive outlook, investment and expenditure plans, capital and financing needs and availability, plans and objectives of management for future operations, developments regarding our capital and strategic plans, and other similar forecasts and statements of expectation and statements of assumption underlying any of the foregoing. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of such terms and other comparable terminology. Although we believe that our forward-looking statements to be reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statements. These factors include the following:

  • a failure to maintain adequate levels of capital and liquidity to support our operations;
  • general economic and business conditions internationally, nationally and in those areas in which we operate, including any potential recessionary conditions;
  • volatility and deterioration in the credit and equity markets;
  • changes in investor sentiment or consumer spending, borrowing and savings habits;
  • availability of capital from private and government sources;
  • demographic changes;
  • competition for loans and deposits and failure to attract or retain loans and deposits;
  • inflation and fluctuations in interest rates that reduce our margins and yields, the fair value of financial instruments, the level of loan originations or prepayments on loans we have made and make, the level of loan sales and the cost we pay to retain and attract deposits and secure other types of funding;
  • our ability to enter new markets successfully and capitalize on growth opportunities;
  • the current or anticipated impact of military conflict, terrorism or other geopolitical events;
  • the effect of potential future supervisory action against us or Hanmi Bank and our ability to address any issues raised in our regulatory exams;
  • risks of natural disasters;
  • legal proceedings and litigation brought against us;
  • a failure in or breach of our operational or security systems or infrastructure, including cyberattacks;
  • the failure to maintain current technologies;
  • risks associated with Small Business Administration loans;
  • failure to attract or retain key employees;
  • our ability to access cost-effective funding;
  • the imposition of tariffs or other domestic or international governmental policies and retaliatory responses;
  • the impact of the current federal government shutdown, including our ability to effect sales of small business administration loans;
  • changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio;
  • fluctuations in real estate values;
  • changes in accounting policies and practices;
  • changes in governmental regulation, including, but not limited to, any increase in FDIC insurance premiums and changes in the monetary policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System;
  • the ability of Hanmi Bank to make distributions to Hanmi Financial Corporation, which is restricted by certain factors, including Hanmi Bank’s retained earnings, net income, prior distributions made, and certain other financial tests;
  • strategic transactions we may enter into;
  • the adequacy of and changes in the economic assumptions and methodology for computing our allowance for credit losses;
  • our credit quality and the effect of credit quality on our credit losses expense and allowance for credit losses;
  • changes in the financial performance and/or condition of our borrowers and the ability of our borrowers to perform under the terms of their loans and other terms of credit agreements;
  • our ability to control expenses; and
  • cyber security and fraud risks against our information technology and those of our third-party providers and vendors.

In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission, including, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that we will file hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law.

Investor Contacts: Romolo (Ron) Santarosa Senior Executive Vice President & Chief Financial Officer 213-427-5636

Lisa Fortuna Investor Relations Financial Profiles, Inc. lfortuna@finprofiles.com 310-622-8251

Hanmi Financial Corporation and Subsidiaries Consolidated Balance Sheets (Unaudited) (Dollars in thousands)

September 30, June 30, Percentage September 30, Percentage
2025 2025 Change 2024 Change
Assets
Cash and due from banks $ 215,654 $ 380,050 -43.3 % $ 287,767 -25.1 %
Securities available for sale, at fair value 904,721 918,094 -1.5 % 908,921 -0.5 %
Loans held for sale, at the lower of cost or fair value 6,512 49,611 -86.9 % 54,336 -88.0 %
Loans receivable, net of allowance for credit losses 6,458,478 6,239,201 3.5 % 6,188,581 4.4 %
Accrued interest receivable 23,986 23,749 1.0 % 21,955 9.3 %
Premises and equipment, net 20,340 20,607 -1.3 % 21,371 -4.8 %
Customers' liability on acceptances 342 214 59.8 % 67 410.4 %
Servicing assets 6,484 6,420 1.0 % 6,683 -3.0 %
Goodwill and other intangible assets, net 11,031 11,031 0.0 % 11,031 0.0 %
Federal Home Loan Bank ("FHLB") stock, at cost 16,385 16,385 0.0 % 16,385 0.0 %
Bank-owned life insurance 56,382 56,985 -1.1 % 56,851 -0.8 %
Prepaid expenses and other assets 136,416 140,016 -2.6 % 138,351 -1.4 %
Total assets $ 7,856,731 $ 7,862,363 -0.1 % $ 7,712,299 1.9 %
Liabilities and Stockholders' Equity
Liabilities:
Deposits:
Noninterest-bearing $ 2,087,132 $ 2,105,369 -0.9 % $ 2,051,790 1.7 %
Interest-bearing 4,679,507 4,623,753 1.2 % 4,351,431 7.5 %
Total deposits 6,766,639 6,729,122 0.6 % 6,403,221 5.7 %
Accrued interest payable 34,219 30,567 11.9 % 52,613 -35.0 %
Bank's liability on acceptances 342 214 59.8 % 67 410.4 %
Borrowings 62,500 127,500 -51.0 % 300,000 -79.2 %
Subordinated debentures 130,309 130,960 -0.5 % 130,478 -0.1 %
Accrued expenses and other liabilities 83,172 81,166 2.5 % 89,211 -6.8 %
Total liabilities 7,077,181 7,099,529 -0.3 % 6,975,590 1.5 %
Stockholders' equity:
Common stock 34 34 0.0 % 34 0.0 %
Additional paid-in capital 593,768 592,825 0.2 % 589,567 0.7 %
Accumulated other comprehensive (loss) (47,959 ) (54,511 ) 12.0 % (55,140 ) 13.0 %
Retained earnings 381,183 367,251 3.8 % 340,718 11.9 %
Less treasury stock (147,476 ) (142,765 ) -3.3 % (138,470 ) -6.5 %
Total stockholders' equity 779,550 762,834 2.2 % 736,709 5.8 %
Total liabilities and stockholders' equity $ 7,856,731 $ 7,862,363 -0.1 % $ 7,712,299 1.9 %

Hanmi Financial Corporation and Subsidiaries Consolidated Statements of Income (Unaudited) (Dollars in thousands, except share and per share data)

Three Months Ended
September 30, June 30, Percentage September 30, Percentage
2025 2025 Change 2024 Change
Interest and dividend income:
Interest and fees on loans receivable $ 95,691 $ 92,589 3.4 % $ 92,182 3.8 %
Interest on securities 6,592 6,261 5.3 % 5,523 19.4 %
Dividends on FHLB stock 357 354 0.8 % 356 0.3 %
Interest on deposits in other banks 2,586 2,129 21.5 % 2,356 9.8 %
Total interest and dividend income 105,226 101,333 3.8 % 100,417 4.8 %
Interest expense:
Interest on deposits 42,244 41,924 0.8 % 47,153 -10.4 %
Interest on borrowings 324 684 -52.6 % 1,561 -79.2 %
Interest on subordinated debentures 1,579 1,586 -0.4 % 1,652 -4.4 %
Total interest expense 44,147 44,194 -0.1 % 50,366 -12.3 %
Net interest income before credit loss expense 61,079 57,139 6.9 % 50,051 22.0 %
Credit loss expense 2,145 7,631 -71.9 % 2,286 -6.2 %
Net interest income after credit loss expense 58,934 49,508 19.0 % 47,765 23.4 %
Noninterest income:
Service charges on deposit accounts 2,160 2,169 -0.4 % 2,311 -6.5 %
Trade finance and other service charges and fees 1,551 1,461 6.2 % 1,254 23.7 %
Gain on sale of Small Business Administration ("SBA") loans 1,857 2,160 -14.0 % 1,544 20.3 %
Other operating income 4,312 2,281 89.0 % 3,329 29.5 %
Total noninterest income 9,880 8,071 22.4 % 8,438 17.1 %
Noninterest expense:
Salaries and employee benefits 22,163 22,069 0.4 % 20,851 6.3 %
Occupancy and equipment 4,507 4,344 3.8 % 4,499 0.2 %
Data processing 3,860 3,727 3.6 % 3,839 0.5 %
Professional fees 1,978 1,725 14.7 % 1,492 32.6 %
Supplies and communications 423 515 -17.9 % 538 -21.4 %
Advertising and promotion 712 798 -10.8 % 631 12.8 %
Other operating expenses 3,714 3,169 17.2 % 3,230 15.0 %
Total noninterest expense 37,357 36,347 2.8 % 35,080 6.5 %
Income before tax 31,457 21,232 48.2 % 21,123 48.9 %
Income tax expense 9,396 6,115 53.7 % 6,231 50.8 %
Net income $ 22,061 $ 15,117 45.9 % $ 14,892 48.1 %
Basic earnings per share: $ 0.73 $ 0.50 $ 0.49
Diluted earnings per share: $ 0.73 $ 0.50 $ 0.49
Weighted-average shares outstanding:
Basic 29,830,475 29,948,836 29,968,004
Diluted 29,880,865 30,054,456 30,033,679
Common shares outstanding 29,975,371 30,176,568 30,196,755

Hanmi Financial Corporation and Subsidiaries Consolidated Statements of Income (Unaudited) (Dollars in thousands, except share and per share data)

Nine Months Ended
September 30, September 30, Percentage
2025 2024 Change
Interest and dividend income:
Interest and fees on loans receivable $ 279,168 $ 274,608 1.7 %
Interest on securities 19,022 15,717 21.0 %
Dividends on FHLB stock 1,071 1,075 -0.4 %
Interest on deposits in other banks 6,554 7,270 -9.8 %
Total interest and dividend income 305,815 298,670 2.4 %
Interest expense:
Interest on deposits 124,727 139,286 -10.5 %
Interest on borrowings 3,032 5,112 -40.7 %
Interest on subordinated debentures 4,746 4,948 -4.1 %
Total interest expense 132,505 149,346 -11.3 %
Net interest income before credit loss expense 173,310 149,324 16.1 %
Credit loss expense 12,496 3,474 259.7 %
Net interest income after credit loss expense 160,814 145,850 10.3 %
Noninterest income:
Service charges on deposit accounts 6,546 7,189 -8.9 %
Trade finance and other service charges and fees 4,409 3,945 11.8 %
Gain on sale of Small Business Administration ("SBA") loans 6,018 4,669 28.9 %
Other operating income 8,703 8,425 3.3 %
Total noninterest income 25,676 24,228 6.0 %
Noninterest expense:
Salaries and employee benefits 65,204 62,870 3.7 %
Occupancy and equipment 13,301 13,643 -2.5 %
Data processing 11,374 11,076 2.7 %
Professional fees 5,171 5,134 0.7 %
Supplies and communications 1,455 1,710 -14.9 %
Advertising and promotion 2,094 2,207 -5.1 %
Other operating expenses 10,090 10,160 -0.7 %
Total noninterest expense 108,689 106,800 1.8 %
Income before tax 77,801 63,278 23.0 %
Income tax expense 22,951 18,772 22.3 %
Net income $ 54,850 $ 44,506 23.2 %
Basic earnings per share: $ 1.82 $ 1.47
Diluted earnings per share: $ 1.82 $ 1.47
Weighted-average shares outstanding:
Basic 29,905,265 30,048,748
Diluted 29,955,366 30,117,269
Common shares outstanding 29,975,371 30,196,755

Hanmi Financial Corporation and Subsidiaries Average Balance, Average Yield Earned, and Average Rate Paid (Unaudited) (Dollars in thousands)

Three Months Ended
September 30, 2025 June 30, 2025 September 30, 2024
Interest Average Interest Average Interest Average
Average Income / Yield / Average Income / Yield / Average Income / Yield /
Balance Expense Rate Balance Expense Rate Balance Expense Rate
Assets
Interest-earning assets:
Loans receivable ^(1)^ $ 6,304,435 $ 95,691 6.03 % $ 6,257,741 $ 92,589 5.93 % $ 6,112,324 $ 92,182 6.00 %
Securities ^(2)^ 985,888 6,592 2.70 % 993,975 6,261 2.55 % 986,041 5,523 2.27 %
FHLB stock 16,385 358 8.65 % 16,385 354 8.65 % 16,385 356 8.65 %
Interest-bearing deposits in other banks 239,993 2,585 4.27 % 200,266 2,129 4.26 % 183,027 2,356 5.12 %
Total interest-earning assets 7,546,701 105,226 5.54 % 7,468,367 101,333 5.44 % 7,297,777 100,417 5.48 %
Noninterest-earning assets:
Cash and due from banks 53,144 53,977 54,843
Allowance for credit losses (67,851 ) (70,222 ) (67,906 )
Other assets 252,039 250,241 251,421
Total assets $ 7,784,033 $ 7,702,363 $ 7,536,135
Liabilities and Stockholders' Equity
Interest-bearing liabilities:
Deposits:
Demand: interest-bearing $ 86,839 $ 38 0.17 % $ 81,308 $ 29 0.15 % $ 83,647 $ 31 0.15 %
Money market and savings 2,122,967 17,238 3.22 % 2,109,221 17,342 3.30 % 1,885,799 17,863 3.77 %
Time deposits 2,494,285 24,968 3.97 % 2,434,659 24,553 4.05 % 2,427,737 29,259 4.79 %
Total interest-bearing deposits 4,704,091 42,244 3.56 % 4,625,188 41,924 3.64 % 4,397,183 47,153 4.27 %
Borrowings 27,772 324 4.63 % 60,134 684 4.58 % 143,479 1,561 4.33 %
Subordinated debentures 130,766 1,579 4.83 % 130,880 1,586 4.84 % 130,403 1,652 5.07 %
Total interest-bearing liabilities 4,862,629 44,147 3.60 % 4,816,202 44,194 3.68 % 4,671,065 50,366 4.29 %
Noninterest-bearing liabilities and equity:
Demand deposits: noninterest-bearing 1,960,331 1,934,985 1,908,833
Other liabilities 142,592 140,053 171,987
Stockholders' equity 818,481 811,123 784,250
Total liabilities and stockholders' equity $ 7,784,033 $ 7,702,363 $ 7,536,135
Net interest income $ 61,079 $ 57,139 $ 50,051
Cost of deposits 2.51 % 2.56 % 2.97 %
Net interest spread (taxable equivalent basis) 1.94 % 1.76 % 1.19 %
Net interest margin (taxable equivalent basis) 3.22 % 3.07 % 2.74 %
^(1)^       Includes average loans held for sale
^(2)^       Income calculated on a fully taxable equivalent basis using the federal tax rate in effect for the periods presented.

Hanmi Financial Corporation and Subsidiaries Average Balance, Average Yield Earned, and Average Rate Paid (Unaudited) (Dollars in thousands)

Nine Months Ended
September 30, 2025 September 30, 2024
Interest Average Interest Average
Average Income / Yield / Average Income / Yield /
Balance Expense Rate Balance Expense Rate
Assets
Interest-earning assets:
Loans receivable ^(1)^ $ 6,250,990 $ 279,168 5.97 % $ 6,113,214 $ 274,608 6.00 %
Securities ^(2)^ 993,730 19,022 2.58 % 978,439 15,717 2.17 %
FHLB stock 16,385 1,071 8.74 % 16,385 1,077 8.77 %
Interest-bearing deposits in other banks 205,663 6,554 4.26 % 188,290 7,268 5.16 %
Total interest-earning assets 7,466,768 305,815 5.48 % 7,296,328 298,670 5.47 %
Noninterest-earning assets:
Cash and due from banks 53,596 56,217
Allowance for credit losses (69,233 ) (68,305 )
Other assets 250,485 249,517
Total assets $ 7,701,616 $ 7,533,757
Liabilities and Stockholders' Equity
Interest-bearing liabilities:
Deposits:
Demand: interest-bearing $ 82,533 $ 95 0.15 % $ 85,158 $ 92 0.14 %
Money market and savings 2,090,118 51,016 3.26 % 1,849,053 51,740 3.74 %
Time deposits 2,425,309 73,616 4.06 % 2,462,779 87,454 4.74 %
Total interest-bearing deposits 4,597,960 124,727 3.63 % 4,396,990 139,286 4.23 %
Borrowings 88,561 3,032 4.58 % 158,419 5,112 4.31 %
Subordinated debentures 130,788 4,746 4.84 % 130,244 4,948 5.06 %
Total interest-bearing liabilities 4,817,309 132,505 3.68 % 4,685,653 149,346 4.26 %
Noninterest-bearing liabilities and equity:
Demand deposits: noninterest-bearing 1,930,659 1,904,611
Other liabilities 142,425 166,372
Stockholders' equity 811,223 777,121
Total liabilities and stockholders' equity $ 7,701,616 $ 7,533,757
Net interest income $ 173,310 $ 149,324
Cost of deposits 2.55 % 2.95 %
Net interest spread (taxable equivalent basis) 1.80 % 1.21 %
Net interest margin (taxable equivalent basis) 3.11 % 2.74 %
^(1)^       Includes average loans held for sale
^(2)^       Amounts calculated on a fully taxable equivalent basis using the federal tax rate in effect for the periods presented.

Non-GAAP Financial Measures

These disclosures should not be viewed as a substitute for results determined in accordance with GAAP, nor is it necessarily comparable to non-GAAP performance measures that may be presented by other companies.

Tangible Common Equity to Tangible Assets Ratio

Tangible common equity to tangible assets ratio is supplemental financial information determined by a method other than in accordance with U.S. generally accepted accounting principles (“GAAP”). This non-GAAP measure is used by management in the analysis of Hanmi’s capital strength. Tangible common equity is calculated by subtracting goodwill and other intangible assets from stockholders’ equity. Banking and financial institution regulators also exclude goodwill and other intangible assets from stockholders’ equity when assessing the capital adequacy of a financial institution. Management believes the presentation of this financial measure excluding the impact of these items provides useful supplemental information that is essential to a proper understanding of the capital strength of Hanmi.

The following table reconciles this non-GAAP performance measure to the GAAP performance measure for the periods indicated:

Tangible Common Equity to Tangible Assets Ratio (Unaudited) (In thousands, except share, per share data and ratios)

September 30, June 30, March 31, December 31, September 30,
Hanmi Financial Corporation and Subsidiaries 2025 2025 2025 2024 2024
Assets $ 7,856,731 $ 7,862,363 $ 7,729,035 $ 7,677,925 $ 7,712,299
Less goodwill and other intangible assets (11,031 ) (11,031 ) (11,031 ) (11,031 ) (11,031 )
Tangible assets $ 7,845,700 $ 7,851,332 $ 7,718,004 $ 7,666,894 $ 7,701,268
Stockholders' equity ^(1)^ $ 779,550 $ 762,834 $ 751,485 $ 732,174 $ 736,709
Less goodwill and other intangible assets (11,031 ) (11,031 ) (11,031 ) (11,031 ) (11,031 )
Tangible stockholders' equity ^(1)^ $ 768,519 $ 751,803 $ 740,454 $ 721,143 $ 725,678
Stockholders' equity to assets 9.92 % 9.70 % 9.72 % 9.54 % 9.55 %
Tangible common equity to tangible assets^(1)^ 9.80 % 9.58 % 9.59 % 9.41 % 9.42 %
Common shares outstanding 29,975,371 30,176,568 30,233,514 30,195,999 30,196,755
Tangible common equity per common share $ 25.64 $ 24.91 $ 24.49 $ 23.88 $ 24.03
^(1)^There were no preferred shares outstanding at the periods indicated.

Preprovision Net Revenue

Preprovision net revenue is supplemental financial information determined by a method other than in accordance with U.S. GAAP. This non-GAAP measure is used by management to measure Hanmi’s core operational performance, excluding the impact of provisions for loan losses. By isolating preprovision net revenue, management can better understand the Company’s profitability and make more informed strategic decisions. Preprovision net revenue is calculated adding income tax expense and credit loss expense to net income. Management believes this financial measure highlights the Company's net revenue activities and operational efficiency, excluding unpredictable credit loss expense.

The following table details the Company's preprovision net revenues, which are non-GAAP measures, for the periods indicated:

Preprovision Net Revenue (Unaudited) (In thousands, except percentages)

Percentage Change
September 30, June 30, March 31, December 31, September 30, Q3-25 Q3-25
Hanmi Financial Corporation and Subsidiaries 2025 2025 2025 2024 2024 vs. Q2-25 vs. Q3-24
Net income $ 22,061 $ 15,117 $ 17,672 $ 17,695 $ 14,892
Add back:
Credit loss expense 2,145 7,631 2,721 945 2,286
Income tax expense 9,396 6,115 7,441 7,632 6,231
Preprovision net revenue $ 33,602 $ 28,863 $ 27,834 $ 26,272 $ 23,409 16.4 % 43.5 %

^1^ See Preprovision Net Revenue provided at the end of this news release. ^2^ See Non-GAAP Financial Measures provided at the end of this news release.

EdgarFiling

Exhibit 99.2

California | Colorado | Georgia | Illinois | New Jersey | New York | Texas | Virginia | Washington 3 Q 2 5 Ea rning s S u pp l e m en ta l Pre s en tat i o n October 21, 2025 NASDAQ | HAFC

2 TABLE OF CONTENTS 3Q25 PERFORMANCE RESULTS 5 – 21 LOAN PORTFOLIO DETAILS 22 – 31 3Q25 FINANCIAL SUMMARY 32 – 32 NON - GAAP RECONCILIATION 33 – 34

3 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 , including, but not limited to, those statements regarding operating performance, financial position and liquidity, business strategies, regulatory, economic and competitive outlook, investment and expenditure plans, capital and financing needs and availability, litigation, plans and objectives, merger or sale activity, financial condition and results of operations, and all other forecasts and statements of expectation or assumption underlying any of the foregoing . These statements involve known and unknown risks and uncertainties that are difficult to predict . Investors should not rely on any forward - looking statement and should consider risks, such as changes in governmental policy, legislation and regulations, changes in monetary policy, economic uncertainty and changes in economic conditions, potential recessionary conditions, inflation, the effect of the imposition of tariffs and any retaliatory responses, the impact of the current federal government shutdown, including our ability to effect sales of small business administration loans, fluctuations in interest rate and credit risk, competitive pressures, our ability to access cost - effective funding, the ability to enter into new markets successfully and capitalize on growth opportunities, balance sheet management, liquidity and sources of funding, the size and composition of our deposit portfolio, including the percentage of uninsured deposits in the portfolio, increased assessments by the Federal Deposit Insurance Corporation, risk and effect of natural disasters, a failure in or breach of our operational or security systems or infrastructure, including cyberattacks, the adequacy of and changes in the economic estimates and methodology of calculating our allowance for credit losses, and other operational factors . Forward - looking statements are based upon the good faith beliefs and expectations of management as of this date only and are further subject to additional risks and uncertainties, including, but not limited to, the risk factors set forth in our earnings release dated October 21 , 2025 , including the section titled “Forward Looking Statements” and the Company’s most recent Form 10 - K, 10 - Q and other filings with the Securities and Exchange Commission . The Company disclaims any obligation to update or revise the forward - looking statements herein .

4 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 common equity per share (including without the impact of available for sale securities on the accumulated other comprehensive income) and pro forma regulatory capital . Management uses these “non - GAAP” measures in its analysis of the Company’s performance . Management believes these non - GAAP financial measures allow for better comparability of period to period operating performance . Additionally, the Company believes this information is utilized by regulators and market analysts to evaluate a company’s financial condition and therefore, such information is useful to investors . These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non - GAAP performance measures that may be presented by other companies . A reconciliation of the non - GAAP measures used in this presentation to the most directly comparable GAAP measures is provided in the Appendix to this presentation .

5 Earnings Performance • Third quarter net income was $22.1 million, or $0.73 per diluted share, compared with $15.1 million, or $0.50 per diluted share in the second quarter, driven by an increase in net interest income and a decrease in credit loss expense. • Preprovision net revenues grew 16.4%, or $4.7 million, reflecting a 6.9% increase in net interest income, a 15 basis point increase in net interest margin, a 22.4% increase in noninterest income and well - managed noninterest expenses with the efficiency ratio declining to 52.65%. Loans and Deposits • Loans receivables were $6.53 billion at September 30, 2025, up 3.5% from the end of the second quarter; loan production for the third quarter was $570.8 million, with a weighted average interest rate of 6.91% compared to $329.6 million at a weighted average interest rate of 7.10% for the second quarter. • Deposits were $6.77 billion on September 30, 2025, up 0.6% from the end of the second quarter; noninterest - bearing deposits were 30.8% of total deposits. Asset Quality • Nonperforming assets were $ 21 . 4 million at September 30 , 2025 , down 17 . 7 % from the previous quarter and represented 0 . 27 % of total assets, compared to $ 26 . 0 million and 0 . 33 % of total assets • Criticized loans also declined 2 . 6 % to $ 45 . 4 million, or 0 . 69 % of total loans, from $ 46 . 6 million, or 0 . 74 % of total loans Capital • Hanmi’s capital position remains strong with the tangible common equity to tangible assets (1) at 9.80% and the common equity tier 1 capital ratio at 12.01%. • The company repurchased 199,698 common shares at a weighted average price of $23.45. Tangible book value per share (1) was $25.64. (1) Non - GAAP financial measure; refer to the non - GAAP reconciliation slide Net Income $22.1M Diluted EPS $0.73 ROAA 1.12% ROAE 10.69% NIM 3.22% Efficiency Ratio 52.65% 3Q25 HIGHLIGHTS

LOAN PRODUCTION 6 Loan production of $570.8 million in the third quarter included a meaningful contribution from commercial and industrial production, which increased 296% to $211.5 million quarter - over - quarter. Note: Numbers may not add due to rounding (1) Residential mortgage includes $0.0 million of consumer loans for 3Q25 (2) $51.6 million, $49.7 million, $55.2 million, $46.8 million, and $44.9 million of SBA loan production includes $25.6 million, $15.4 million, $30.8 million, $23.3 million, and $20.6 million of loans secured by CRE and the remainder representing C&I loans for 3Q24, 4Q24, 1Q25, 2Q25, and 3Q25, respectively (3) Production includes purchases of guaranteed SBA loans of $13.7 million, $20.3 million, $11.0 million, $0 million, and $0 million for 3Q24, 4Q24, 1Q25, 2Q25, and 3Q25, respectively (4) Production includes mortgage loan purchases of $10.7 million, $10.0 million, $10.3 million, and $3.0 million for 3Q24, 1Q25, 2Q25, and 3Q25, respectively (5) Production includes C&I loan purchases of $0.6 million for 4Q24 $176.8M Commercial real estate loan production $211.5M Commercial and industrial loan production $34.3M Equipment finance production $103.2M Residential mortgage (1,4) production $44.9M SBA (2,3) loan production 32% 43% 42% 31% 37% 6% $347.8 15% 12% 11% 30% $339.0 15% 12% 12% 18% $345.9 16% 16% 14% 12% $329.6 14% 26% 10% 16% 34% $570.8 8% 18% 7.92% 7.37% 7.35% 7.10% 6.91% 4Q24 C&I (5) 3Q25 SBA (2,3) 3Q24 CRE 1Q25 Equipment Finance 2Q25 RRE (1,4) New Production and Weighted Average Coupon ($ in millions)

CRE Multifamily 7% 16% C&I 16% Equipment Finance 6% CRE (2) Construction 1% (2,5) CRE (2) Owner 13% CRE Investor (2) (non - owner) 41% RRE (3) $6.53 Billion Loan Portfolio (as of September 30, 2025) LOAN PORTFOLIO 7 Note: Numbers may not add due to rounding (1) Includes syndicated loans of $507.3 million in total commitments ($402.7 million disbursed) across C&I ($395.7 million committed and $309.0 million disbursed) and CRE ($111.6 million committed and $93.7 million disbursed) (2) CRE is a combination of Investor (non - owner), Owner Occupied, Multifamily, and Construction. Investor (or non - owner occupied) property is where the investor (borrower) does not occupy the property. The primary source of repayment stems from the rental income associated with the respective properties. Owner occupied property is where the borrower owns the property and also occupies it. The primary source of repayment is the cash flows from the ongoing operations and activities conducted by the borrower/owner. Multifamily real estate is a residential property that has 5 or more housing units. (3) Residential real estate is a loan (mortgage) secured by a single family residence, including one to four units (duplexes, triplexes, and fourplexes). RRE also includes $1.1 million of HELOCs and $6.7 million in consumer loans (4) Weighted average DCR and weighted average LTV calculated when the loan was first underwritten or renewed subsequently (5) $78.7 million, or 17.9%, of the CRE multifamily loans are rent - controlled in New York City 3Q25 Average Yield Outstanding ($ in millions) 5.74% $4,015 Commercial Real Estate (CRE) (1,2) Portfolio 5.38% $1,044 Residential Real Estate (RRE) (3) Portfolio 7.72% $1,052 Commercial & Industrial (C&I) (1) Portfolio 6.61% $417 Equipment Finance Portfolio Weighted Average Debt Coverage Ratio (4) Weighted Average Loan - to - Value Ratio (4) # of Loans 2.03x 48.8% 820 CRE (2) Investor (non - owner) 2.68x 46.3% 712 CRE (2) Owner Occupied 1.57x 54.0% 155 CRE (2,5) Multifamily

$4,704 $4,625 $4,462 $4,361 $4,397 3Q25 2Q25 1Q25 4Q24 3Q24 4.27% 3.96% 3.69% 3.64% 3.56% Interest - bearing Deposit Costs Average Interest - bearing Deposits DEPOSIT PORTFOLIO Total deposits increased 0.6% to $6.77 billion , led by a $58.0 million , or 2.4% , increase in time deposits, quarter - over - quarter. Noninterest - bearing demand deposits represented 30.8% of total deposits at September 30, 2025. Estimated uninsured deposit liabilities were 44.2% of the deposits. Brokered deposits remained low at 1.3% of the deposit base. Note: Numbers may not add due to rounding Deposits $6,436 $6,403 16% 15% 20% 22% $6,767 $6,729 $6,619 18% 17% 18% 19% 20% 19% 31% 31% 31% 30% 30% 1% 1% 1% 1% 1% 31% 31% 31% 33% 32% 3Q25 2Q25 Time <= $250K 1Q25 4Q24 3Q24 Time > $250K Demand Interest - bearing Money Market & Savings Demand Noninterest - bearing ($ in millions) Deposits as of 3Q25 ($ in millions) $3,728 Business Personal $3,039 45% 8 55% ($ in millions)

9 $50.1 $53.4 $55.1 $57.1 2.74% 2.91% 3.02% 3.07% 3.22% 3Q24 4Q24 1Q25 Net Interest Income 2Q25 3Q25 NIM NET INTEREST INCOME | NET INTEREST MARGIN ($ in millions) (1) $61.1 3.07% (1) 3.22% 0.06% 0.04% 0.04% 0.01% 2Q25 Loans Other IB liabilities 3Q25 Other earning IB - deposits assets Increase Decrease Net interest income for the third quarter was $61.1 million and net interest margin (taxable equivalent) was 3.22%, both up from the second quarter. Net Interest Margin (1) Includes a $0.6 million interest recovery from a previously charged - off loan; represents approximately 3 bps of net interest margin (1) (1)

10 5.73% 5.91% 6.02% 6.00% 6.04% 5.95% 5.90% 5.93% 5.99% 5.95% 6.05% 3.53% 3.97% 5.50% 5.50% 5.00% 4.50% 4.20% 4.28% 4.29% 4.22% 3.83% 4.50% 4.25% 3.67% 3.60% 3.58% 3.50% Sep - 23 Dec - 23 Mar - 24 Jun - 24 Aug - 24 Sep - 24 Dec - 24 Mar - 25 Jun - 25 Aug - 25 Sep - 25 NET INTEREST INCOME SENSITIVITY $60.0 $90.0 $1.6 $715.0 $764.5 $520.0 $775.0 $854.5 $521.6 $252.2 $252.2 4.00% 4.00% 4.02% 3.80% 4Q25 3Q26 1Q26 Wholesale 2Q26 Retail 5.00% 4.50% 4.55% 4.50% 4.50% 4.25% 4.79% 4.17% 4.05% 3.97% 3Q24 4Q24 1Q25 Deposits – CD Maturities 㸦 $ in million 㸧 2Q25 3Q25 Fed Funds Rate (3) Cost of CDs (4) Numbers may not add due to rounding (1) Loan yield and cost of interest - bearing deposit represent monthly average yield and cost, respectively. Fed funds rate represents the rate at the end of the month. Beta is measured monthly between August 2024, when the fed funds rate was 5.50%, and August 2025, when the fed funds rate was 4.50%, and between August 2025, when the fed funds rate was 4.50%, and September 2025, when the fed funds rate was 4.25%. (2) Cost of CDs and interest bearing - deposits for the month of September 2025 wa s 3.93% and 3.50%, respectively (3) Fed funds rate represents the upper - target rate at the end of the quarter (4) Represent weighted average contractual rates Fed Funds Rate Interest - bearing deposit cost Loan Yield Loan & Deposit Beta (1) Fed Funds Rate & Cost of CDs Cost of CDs (2) Time Horizon: Change in the Fed Funds Rate: Deposit Beta: Aug 24 – Aug 25 - 100 bps 71% Aug 25 – Present - 25 bps 45%

11 32% $2.2 24% $1.6 13% $0.9 19% $1.3 12% $0.8 Service charges on deposit accounts Trade finance and other service charges and fees Servicing income Bank - owned life insurance All other operating income NONINTEREST INCOME $51.6 $49.7 $55.2 $46.8 $44.9 $23.0 $21.6 $32.2 $35.4 $32.6 8.54% 8.53% 7.82% 7.61% 6.95% 3Q24 4Q24 SBA Production 1Q25 SBA Loan Sales 2Q25 3Q25 SBA Trade Premium $5.7 $5.5 $5.9 $1.4 $2.0 $2.2 $0.3 $0.2 $1.2 $1.9 $8.4 $0.3 $1.5 $7.4 $7.7 $8.1 $9.9 3Q24 4Q24 Service charges, fees & other 1Q25 Gain on sale of SBA loans 2Q25 3Q25 Gain of sale of mortgage loans (1) $6.6 Numbers may not add due to rounding (1) Includes a $0.9 million gain on sale - and - leaseback of bank premises in 3Q24 and $0.4 million and $0.9 million in BOLI benefit for 2Q25 and 3Q25, respectively. Noninterest income for the third quarter was $9.9 million , up 22% from the second quarter, primarily because of $1.2 million gains on sale of mortgage loans and a $0.5 million increase in bank - owned life insurance income. Noninterest Income 㸦 $ in millions 㸧 3Q25 Service Charges, Fees & Other 㸦 $ in million 㸧 SBA 7(a) Loan Production and Sales 㸦 $ in million 㸧 (1) $6.8 (1)

NONINTEREST EXPENSE 12 (1) Includes a $1.6 million and a $0.6 million gain from the sale of an OREO property in 4Q24 and 2Q25, respectively. Noninterest expense was $37.4 million for the third quarter, up 3% from the second quarter, primarily due to the gain on OREO asset in the second quarter. $20.9 $20.5 $21.0 $22.1 $22.2 $35.1 $4.4 $1.5 $3.8 $4.5 $35.0 $4.2 $1.5 $3.8 $4.5 $37.4 $4.8 $2.0 $3.9 $4.5 1.85% 1.82% 1.86% 1.89% 1.90% 3Q24 4Q24 Salaries and employee benefits Professional Fees 1Q25 Occupancy and equipment All other expenses $34.5 $3.9 (1) $1.8 $3.8 $4.5 $36.3 $4.5 (1) $1.7 $3.7 $4.3 2Q25 3Q25 Data Processing Noninterest expense / Average assets ($ in millions)

13 $7.7 $9.1 $10.7 $8.2 $15.0 $7.9 $7.1 $18.4 $17.3 $10.9 $3.5 $7.4 $11.6 $7.0 $4.6 0.24% 0.30% 0.28% 0.17% 0.18% 2Q25 3Q25 All Other Delinquent Loans 3Q24 4Q24 1Q25 Equipment Finance Delinquent Loans Numbers may not add due to rounding ASSET QUALITY – DELINQUENT & CRITICIZED LOANS Delinquent loans / Total loans $139.6 $160.0 $165.3 $164.9 2.56% 2.64% 2.62% 0.74% Criticized loans / 0.69% Total loans $131.6 (3) (1) Represents loans 30 to 89 days past due and still accruing (2) Includes nonaccrual loans of $13.6 million, $13.4 million, $34.4 million, $24.1 million, and $19.4 million as of September 30, 2024, December 31. 2024, March 30, 2025, June 30, 2025, and September 30, 2025, respectively (3) Includes two special mention CRE loans of $109.7 million in the hospitality industry and a $20.1 million C&I loan in the healthcare industry (4) Includes two special mention CRE loans of $106.5 million in the hospitality industry, a $19.5 million C&I loan in the healthcare industry and a $12.4 million C&I relationship in the retail industry (5) Includes two special mention CRE loans of $105.8 million in the hospitality industry and a $12.2 million C&I relationship in the retail industry (6) Includes a nonaccrual CRE loan of $20.0 million, $11.0 million , $10.6 million at March 31, 2025, June 30, 2025, and September 30, 2025, respectively (7) Includes a C&I relationship in the retail industry of $12.2 million and $11.8 million at June 30, 2025, and September 30, 2025, respectively (4) Criticized loans improved by $1.2 million in the third quarter. Delinquent Loans (1) 㸦 $ in millions 㸧 Criticized Loans (2) 㸦 $ in millions 㸧 $118.4 (5) $45.4 $46.6 $16.8 (7) $28.6 (6) $12.7 (7) $33.9 (6) $46.5 (6) $25.7 $28.4 3Q25 2Q25 Special Mention 1Q25 4Q24 Classified 3Q24

14 Nonperforming assets were $21.4 million at the end of the third quarter, down from $26.0 million at the end of the second quarter. $15.5 $14.3 $35.6 $26.0 $19.4 $0.8 $0.1 $0.1 $2.0 $16.3 $14.4 $35.7 $26.0 $21.4 0.21% 0.19% 0.46% 0.33% 0.27% 3Q25 2Q25 OREO 3Q24 4Q24 1Q25 Nonperforming loans Note: Numbers may not add due to rounding ASSET QUALITY – NONPERFORMING ASSETS & NONACCRUAL LOANS (1) Nonperforming assets exclude repossessed personal property of $1.2 million, $0.6 million, $0.7 million, $0.6 million, and $0.4 million for 3Q24, 4Q24, 1Q25, 2Q25, and 3Q25, respectively; also excludes the $27.2 million held for sale nonperforming loan at 3Q24. (2) Specific allowance for credit losses for 3Q24, 4Q24, 1Q25, 2Q25 and 3Q25 was $5.2 million, $6.2 million, $11.8 million, $4.1 million, and $4.4 million, respectively (3) RRE includes consumer loans (4) Represents a $10.6 million CRE loan at September 30, 2025 (2) $35.5 1Q25 3Q24 4Q24 Equipment Finance All other CRE and C&I < $3M (2) $19.4 $11.0 $20.0 (2) $14.3 (2) $15.2 $10.6 $1.7 $0.3 $6.8 $4.0 $4.0 $7.0 $4.5 $2.8 $8.2 $3.6 $1.9 $8.8 $3.7 $1.9 $9.6 (2) $26.0 2Q25 3Q25 RRE (3) All other CRE and C&I >= $3M (4) Nonperforming Assets (1) 㸦 $ in millions 㸧 Nonaccrual Loans 㸦 $ in millions 㸧 Nonperforming assets / Total assets

15 $2.5 $2.9 $2.8 $3.0 $2.4 $1.3 $0.5 $0.4 $0.2 $3.8 $3.4 $3.2 $12.4 $2.6 (2) $9.4 3Q24 4Q24 1Q25 Equipment Finance Charge - offs 2Q25 3Q25 All Other Loan Charge - offs ASSET QUALITY – GROSS & NET LOAN CHARGE - OFFS $2.4 $2.3 $1.6 ($0.1) $0.9 $2.0 ($1.1) $1.9 $2.0 $9.0 (2) ($2.5) (1) ($0.1) 4Q24 ($2.1) (1) ($0.5) 3Q25 $11.4 0.06% - 0.01% 0.13% 0.73% 3Q24 1Q25 2Q25 Equipment Finance Net Charge - offs All Other Net Charge - offs Note: Numbers may not add due to rounding (1) Includes a $3.0 million and a $2.0 million recoveries on loans previously charged - off in 4Q24 and 3Q25, respectively (2) Includes an $8.6 million commercial real estate loan charge - off Net recoveries for the third quarter were $482 thousand . Gross Charge - offs 㸦 $ in millions 㸧 Net Charge - offs (Recoveries) 㸦 $ in millions 㸧 Net Charge - offs / - 0.03% Average loans

16 $69.2 $70.1 $70.6 $66.8 $69.8 1.11% 1.12% 1.12% 1.06% 1.07% 3Q24 4Q24 1Q25 Allowance for credit losses 2Q25 3Q25 ACL to Loans $2.3 $0.9 $2.7 $7.6 $2.1 3Q24 4Q24 1Q25 Credit loss expense 2Q25 3Q25 Allowance for credit losses was $69.8 million at September 30, 2025, or 1.07% to total loans, compared with $66.8 million , or 1.06% of total loans, at the end of the prior quarter. Allowance for Credit Losses 㸦 $ in millions 㸧 Credit Loss Expense 㸦 $ in millions 㸧 ACL TREND

17 ACL ANALYSIS BY LOAN TYPE Note: Numbers may not add due to rounding Loans Allowance Loans Allowance Loans Allowance Loans Allowance Loans Allowance $ 3,932.1 $ 37.8 $ 3,949.6 $ 39.3 $ 3,975.7 $ 41.4 $ 3,948.9 $ 37.5 $ 4,015.3 $ 40.2 CRE 879.1 9.8 863.4 10.0 854.4 6.2 918.0 6.9 1,052.5 7.3 C&I 507.3 15.7 487.0 15.0 472.6 13.0 445.2 11.8 416.9 11.0 Equipment Finance 939.3 5.9 951.3 5.8 979.5 10.0 993.9 10.6 1,043.6 11.3 RRE & Consumer $ 6,257.7 $ 69.2 $ 6,251.3 $ 70.1 $ 6,282.2 $ 70.6 $ 6,306.0 $ 66.8 $ 6,528.3 $ 69.8 Total ($ in millions) September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024

18 15 Year 66% 20 Year 20% SECURITIES PORTFOLIO $162 $223 $267 $134 $25 $29 $23 $16 $187 $252 $290 $150 2024 Actual 2027 2026 Interest 3% US Agy MBS - Residential 61% US Agy MBS - Commercial 17% US Agy CMO 7% Municipal 12% US Agy 8% US Agy MBS - Residential 43% US Agy MBS - Commerical 7% US Agy CMO 21% Municipal UST 7% 14% Available for Sale (1) $972 Million < 1 Year 16% 1 to 3 Year 18% 3 to 5 Years 41% > 5 Years 25% Unrealized Loss $68 Million US Agy Securities Duration 3.9 Years $435 Million 30 Year (2) 14% 2025 (3) Principal Note: Numbers may not add due to rounding (1) Based on the book value (2) 98.0% constitutes CRA bonds (3) 2025 year - to - date observed $169.5 million of principal paydown and $21.9 million of interest payments The $972.4 million securities portfolio (all AFS, no HTM) represented 12% of assets at September 30, 2025 and had a weighted average modified duration of 3.9 years with $67.6 million in an unrealized loss position. Principal Paydowns (3) 㸦 $ in millions 㸧 US Agy Residential MBS (2) (Maturity)

19 LIQUIDITY 3Q24 4Q24 (1) Rate at September 30, 2025, based on 3 - month SOFR + 166 bps (2) Issued in August 2021 and due in July 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. 15.5% 15.1% 15.3% 16.3% 13.5% 18.5% 17.9% 17.7% Liquid Assets to Deposits Brokered Deposits to Deposits 18.9% 15.6% 17.3% 16.9% 17.2% 18.3% 15.2% 0.2% 0.9% 1.1% 1.3% 1.3% 1Q25 2Q25 3Q25 Liquid Assets to Total Assets Liquid Assets to Total Liabilities Liquidity Position 㸦 $ in millions 㸧 Cash & Securities at Company - only 㸦 $ in millions 㸧 Company - only Subordinated Debentures 㸦 $ in millions 㸧 Liquidity Ratios % of Assets Balance 2.8% 216 $ Cash & cash equivalents 10.7% 833 Securities (unpledged) 0.1% 7 Loans available for Sale 13.5% 1,055 Liquid Assets 19.3% 1,510 FHLB available borrowing capacity 0.3% 26 FRB discount window borrowing capacity 1.8% 140 Federal funds lines (unsecured) available 21.4% 1,675 Secondary Liquidity Sources 35.0% 2,731 $ Bank Liquidity (Liquid Assets + Secondary Liquidity) Balance 6 $ Cash 44 Securities (AFS) 50 $ Amortized Rate Cost Par 5.70% 22 $ 27 $ 2036 Trust Preferred Securities 3.75% 109 110 2031 Subordinated Debt 131 $ 137 $ The Bank and the Company have ample liquidity resources at September 30, 2025. (1) (2)

20 42% $14.9 $17.7 $17.7 $15.1 $22.1 9.42% 9.41% 9.59% 9.58% 9.80% 3Q24 Dividend 4Q24 1Q25 Share Repurchase 2Q25 3Q25 Net Income - Retained (2) $24.03 $23.88 $24.49 $24.91 $25.64 3Q24 4Q24 3Q25 (1) TCE/TA 1Q25 2Q25 TCE/TA (w/o AFS AOCI) (1) (1) Non - GAAP financial measure, refer to the non - GAAP reconciliation slides (2) “Net Income – Retained” is equal to net income minus dividend payout and share repurchases CAPITAL MANAGEMENT TCE / TA (1) Prudent capital management while driving shareholder return through stable quarterly dividends and share repurchase program. Tangible book value per share (TBVPS) (1) increased to $25.64 at the end of the third quarter. Contributing to the increase was a $6.4 million decrease in unrealized after - tax losses on securities available for sale, due to changes in interest rates during the third quarter of 2025. 35% 48% 49% 31% 21% 11% 6% 8% 18% 10.41% 10.27% 10.37% TBVPS (1) & TCE/TA (1) 10.15% 10.32% 37% 54% 46% 43% 51% 9.80% 9.58% 9.59% 9.42% 9.41% Dividend, Share Repurchase & TCE/TA (1) 㸦 $ in millions 㸧

21 REGULATORY CAPITAL 8.00% 6.00% 4.50% 2.50% 15.05% 14.35% 2.50% 12.33% 11.63% 10.50% 8.50% 2.50% 7.00% 12.00% 11.30% Total Capital Tier 1 Capital CET1 Capital Minimum Requirement Company Capital Conservation Buffer Pro Forma (1) 8.00% 6.50% 13.20% 12.50% 10.00% 14.28% 13.58% 13.20% 12.50% Total Capital Tier 1 Capital Bank CET1 Capital Well Capitalized Bank Pro Forma (1) (1) Pro forma illustrates capital ratios with unrealized AFS securities losses at September 30, 2025. Non - GAAP financial measure; refer to the non - GAAP reconciliation slide Company The Company exceeds regulatory minimums and the Bank remains well capitalized at September 30, 2025.

USKC ( 1 ) LOANS & DEPOSITS USKC portfolio represented $910.2 million , or 14% of the loan portfolio, and $1.04 billion , or 15% of the deposit portfolio. USKC CRE portfolio had a weighted average debt coverage ratio (2) of 1.96x and weighted average loan - to - value (2) of 55.9%. USKC Loans – Top 10 Industries (as of 3Q25) 29% 26% 18% 5% 4% 3% 3% 2% 2% 2% 6% Auto Part Manufacturing RE Investment Hotel Food Polyester Manufacturing Education Wholesale - household products Golf Course Computer Equipment Manufacturing Electronics/Home Appliances Other 24% Auto Part Manufacturing 15% Electronics/Home Appliances 7% Steel 7% RE Investment/Leasing 6% Food 3% Electrical 3% All Other Financial Investment Activities 3% Management of Companies and Enterprises 3% Hospitality 2% Electrical Auto Parts 27% Other 22 USKC Deposits – Top 10 Industries (as of 3Q25) $918 26% 74% $937 24% 76% $932 24% 76% $841 23% 77% $910 24% 76% 3Q24 4Q24 3Q25 USKC Loans by Product 㸦 $ in millions 㸧 1Q25 (3) CRE C&I 2Q25 (4) USKC Deposits by Product 㸦 $ in millions 㸧 $798 $823 $969 $950 57% 61% 57% 53% 54% 34% 35% 37% 42% 41% 3Q25 2Q25 1Q25 4Q24 3Q24 $1,040 Demand Noninterest - bearing Money Market & Savings (1) U.S. subsidiaries of Korean corporations (2) Weighted average DCR and weighted average LTV calculated when the loan was first underwritten or renewed subsequently (3) Includes $20.0 million CRE loan designated nonaccrual at March 31, 2025 (4) Includes $11.0 million CRE loan designated nonaccrual at June 30, 2025 (5) Time deposits, not illustrated, represent the remainder to add to 100%. (5)

23 Total >3 Years 1 - 3 Years <1 Year ($ in millions) Real Estate Loans 1,106.4 $ 589.1 $ 309.1 $ 208.2 $ Retail 823.1 358.4 363.4 101.3 Hospitality 533.0 58.6 237.8 236.6 Office 1,482.8 614.5 463.8 404.5 Other 3,945.3 $ 1,620.6 $ 1,374.2 $ 950.5 $ Commercial Property 70.0 - 4.0 66.0 Construction 1,043.6 1,036.9 - 6.7 RRE/Consumer 5,058.9 $ 2,657.5 $ 1,378.2 $ 1,023.2 $ Total Real Estate Loans 1,052.5 434.1 198.6 419.8 C&I (1) 416.8 172.2 211.3 33.3 Equipment Finance 6,528.2 $ 3,263.9 $ 1,788.1 $ 1,476.3 $ Loans Receivable LOAN PORTFOLIO MATURITIES Note: numbers may not add due to rounding (1) $379.5 million of C&I are lines of credit expected to be renewed and maintain a maturity of less than one year

24 LOAN PORTFOLIO DISTRIBUTION Residential Real Estate & Equipment Finance C&I CRE Equipment Finance Residential Real Estate Lines of Credit (2) Term (2) Construction (1) Multifamily Non - owner Occupied Owner Occupied ($ in millions) $417 $1,044 $502 $550 $70 $440 $2,658 $847 Total Balance $0.04 $0.56 $0.83 $0.47 $9.99 $2.84 $3.24 $1.19 Average $0.03 $0.46 $0.15 $0.07 $6.43 $1.09 $1.22 $0.38 Median $224 $461 $425 $491 $49 $311 $1,889 $635 Top Quintile Balance (3) $0.1 or more $0.8 or more $0.7 or more $0.2 or more $15.4 or more $2.9 or more $3.8 or more $1.3 or more Top Quintile Loan Size $0.11 $1.26 $4.34 $2.12 $24.49 $10.02 $11.59 $4.51 Top Quintile Average $0.09 $0.96 $1.29 $0.43 $24.49 $4.95 $7.99 $2.43 Top Quintile Median (1) Represents the total outstanding amount. Advances require authorization and disbursement requests, depending on the progress of the project and inspections. Advances are non - revolving and are made throughout the term, up to the original commitment amount (2) Term loans are a commitment for a specified term. Majority of the Lines of Credit are revolving, including commercial revolvers, with some non - revolvers (sub - notes and working capital tranches) (3) Top quintile represents top 20% of the loans

LOAN PORTFOLIO DIVERSIFICATION (1) $113.3 million, or 2.8%, and $27.7 million, or 0.7% of the CRE portfolio are unguaranteed and guaranteed SBA loans, respectively (2) $62.9 million, or 6.0%, and $59.6 million, or 5.7%, of the C&I portfolio are unguaranteed and guaranteed SBA loans, respectively Retail 28% Hospitality 20% Office 13% Industrial 12% Multifamily 10% Gas Station 5% Mixed Use 3% Construction 2% Other 7% CRE Portfolio (1) $4,015M Manufacturing 30% Finance & Insurance 16% 6% Wholesale Tra d R e etail Trade 5% Healthcare 4% Real Estate Rental & Leasing 2% Other 37% C&I Portfolio (2) $1,052M • CRE (1) represents 62% of the total portfolio • C&I (2) represents 16% of the total portfolio. 25

California $2,600 65% Texas $395 10% Illinois $100 3% New York $259 6% Other $661 16% CRE Composition by State $4,015 CRE PORTFOLIO GEOGRAPHICAL EXPOSURE 26 California $38 54% $17 24% Construction by State $70 Other $15 22% New York California Other $285 34% Owner Occupied by State $847 California $1,834 69% Texas 6% $247 $494 Illinois 9% 58% Texas $13 $48 1% 6% New York $7 1% Illinois $75 3% New York $156 Other $346 13% Investor (Non - owner Occupied) by State $2,658 California $235 53% $100 23% New York $79 18% Texas Illinois $12 3% Other $14 3% Multifamily by State $440 ($ in millions)

Rate Distribution Portfolio by State Fixed 62% Variable 38% OFFICE LOAN PORTFOLIO 27 (1) Segment represents exposure in CRE and excludes $17.2 million in construction. 5.2% of the portfolio is owner occupied (2) SBA CRE office loans were $9.9 million, or 1.9% of total office loans, at September 30, 2025 (3) Weighted average DCR and weighted average LTV calculated when the loan was first underwritten or renewed subsequently (4) Includes $10.6 million CRE loan designated nonaccrual at September 30, 2025 The CRE office portfolio (1) was $533.0 million (2) at September 30, 2025, representing 8% of the total loan portfolio. $4.4M Average balance of the portfolio 2.02x Weighted average debt coverage ratio (3) of the segment 54.6% Weighted average loan to value (3) of the segment 49.8% of the portfolio is expected to reprice in 1 to 3 months 1.98% of the office portfolio was delinquent 2.15% of the office portfolio was criticized (4) Remaining = 3% 81% 13% 2% 1%

28 HOSPITALITY SEGMENT (1) SBA loans in the hospitality segment were $19.0 million, or 2.3% of total hospitality loans, at September 30, 2025; 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 subsequently (3) Metropolitan is categorized as a location that is in a major city and in proximity to downtown areas; destination is categorized as a hotel whose location/amenities make it a distinct tourist location; suburban is defined as areas outside of major city hubs and can include more rural areas Hospitality segment represented $823.0 million (1) , or 13% of the total loan portfolio and 20% of the total CRE portfolio, at September 30, 2025. $4.5M Average balance of the segment (excluding construction) 2.08x Weighted average debt coverage ratio (2) of the segment 52.5% Weighted average loan to value (2) of the segment $4.5M or 0.55%, of the hospitality segment was criticized as of September 30, 2025 $0.6M in three nonaccrual loans included in the Segment – one in a metropolitan (3) area in Texas, and two in suburban/destination areas in Tennessee, and Colorado Metropolitan (3) 60% Destination / Suburban (3) 26% Airport 5% Resort 7% Convention Center 2% Hospitality by Type

29 RETAIL SEGMENT Retail segment represents $1.11 billion (1) , or 17% of the total loan portfolio and 28% of the total CRE portfolio at September 30, 2025. $1.6M Average balance of the segment 2.01x Weighted average debt coverage ratio (2) of the segment 45.8% Weighted average loan to value (2) of the segment $5.2M or 0.47%, of the retail segment was criticized at September 30, 2025 $1.1M or 0.1%, of the retail segment was on nonaccrual status at September 30, 2025 California 71% Texas 12% Illinois Georgia 2% 3% Other 12% Percentage of Portfolio (1) SBA loans in the retail segment are $83.8 million, or 7.58% of total retail loans, at September 30, 2025 (2) Weighted average DCR and weighted average LTV calculated when the loan was first underwritten or renewed subsequently

30 Residential Portfolio RRE Portfolio RESIDENTIAL REAL ESTATE PORTFOLIO The RRE (1) portfolio was $1.04 billion at September 30, 2025, representing 16% of the total loan portfolio. Our conservative underwriting policy focuses on high - quality mortgage originations with maximum Loan - to - Value (LTV) ratios between 60% and 70%, maximum Debt - to - Income (DTI) ratios of 43% and minimum FICO scores of 680. 25.7% Fixed Non - QM 92% (3) Jumbo Non - QM 6% (4) QM 2% (2) (1) RRE includes $1.1 million of Home Equity Line of Credit (HELOC) and $6.7 million in consumer loans (2) QM loans conform to the Ability - to - Repay (ATR) rules/requirements of CFPB (3) Non - QM loans do not conform to the CFPB Dodd - Frank Act (4) Jumbo Non - QM loan amounts exceed FHFA limits, but generally conform to the ATR/QM rules Residential Real Estate Portfolio 74.3% Variable 0.64% 0.23% Total 30 - 59 days delinquencies delinquency category 9.8% 90.2% Reset within the Reset after next 12 months 12 months 0.38% 60 - 89 days delinquency category $0.3M / 0.03% on nonaccrual status at September 30, 2025 Percentage of Portfolio

4% 4% 5% Remaining = 46% 12% 10% 4% 8% 4% 3% EQUIPMENT FINANCE PORTFOLIO 31 Transportation 21% Construction 15% Waste Management 13% Manufacturing 12% Professional Services 6% Retail Trade 5% Other Services 4% Wholesale Trade 4% Healthcare 5% Hospitality 3% Portfolio by Industry Other (1) 12% (1) Other includes agriculture and real estate of 3% and 3%, respectively Equipment finance portfolio represented $416.9 million , or 6% of the loan portfolio, at September 30, 2025 30% 7% 7% 7% 5% 5% 4% 4% 4% 27% Portfolio by Equipment Portfolio by State

32 3 Q 25 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 millions, except EPS) September 30, 2025 June 30, 2025 Income Statement Summary September 30, 2024 Q/Q Y/Y 22.0% 6.9% 50.1 $ 57.1 $ 61.1 $ Net interest income before credit loss 17.1% 22.4% 8.4 8.1 9.9 Noninterest income 21.3% 8.8% 58.5 65.2 71.0 Operating revenue 6.5% 2.8% 35.1 36.3 37.4 Noninterest expense 43.5% 16.4% 23.4 28.9 33.6 Preprovision net revenue - 6.2% - 71.9% 2.3 7.6 2.1 Credit loss (recovery) expense 48.9% 48.2% 21.1 21.2 31.5 Pretax income 50.8% 53.7% 6.2 6.1 9.4 Income tax expense 48.1% 45.9% 14.9 $ 15.1 $ 22.1 $ Net income 0.49 $ 0.50 $ 0.73 $ EPS - Diluted Selected Balance Sheet Items 4.3% 3.5% 6,258 $ 6,306 $ 6,528 $ Loans receivable 5.7% 0.6% 6,403 6,729 6,767 Deposits 1.9% - 0.1% 7,712 7,862 7,857 Total assets 5.8% 2.2% 737 $ 763 $ 780 $ Stockholders' equity 38 22 9.42% 9.58% 9.80% TCE/TA (2) Performance Metrics 33 33 0.79% 0.79% 1.12% Return on average assets 314 321 7.55% 7.48% 10.69% Return on average equity 48 15 2.74% 3.07% 3.22% Net interest margin (733) (309) 59.98% 55.74% 52.65% Efficiency ratio Change (1)

33 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 September 30, December 31, March 31, June 30, September 30, 2024 2024 2025 2025 2025 Hanmi Financial Corporation 7,712,299 $ 7,677,925 $ 7,729,035 $ 7,862,363 $ 7,856,731 $ Assets (11,031) (11,031) (11,031) (11,031) (11,031) Less goodwill and other intangible assets $ 7,701,268 $ 7,666,894 $ 7,718,004 $ 7,851,332 $ 7,845,700 Tangible assets 736,709 $ 732,174 $ 751,485 $ 762,834 $ 779,550 $ Stockholders' equity (1) (11,031) (11,031) (11,031) (11,031) (11,031) Less goodwill and other intangible assets 725,678 $ 721,143 $ 740,454 $ 751,803 $ 768,519 $ (1) Tangible stockholders' equity 55,790 70,342 60,035 54,541 48,004 Add AFS securities AOCI $ 781,468 $ 791,485 $ 800,489 $ 806,344 $ 816,523 Tangible stockholders' equity without AFS securities AOCI (1) 9.55% 9.54% 9.72% 9.70% 9.92% Stockholders' equity to assets 9.42% 9.41% 9.59% 9.58% 9.80% Tangible common equity to tangible assets (TCE/TA) (1) 10.15% 10.32% 10.37% 10.27% 10.41% TCE/TA (w/o AFS securities AOCI) (1) 30,196,755 30,195,999 30,233,514 30,176,568 29,975,371 Common shares outstanding 24.03 $ 23.88 $ 24.49 $ 24.91 $ 25.64 $ Tangible common equity per common share (In thousands, except share, per share data and ratios)

34 NON - G A A P R E C O N C I L I A T I O N : PRO FORMA REGULATORY CAPITAL Bank (1) Company (1) ($ in thousands) Total Risk - based Tier 1 Common Equity Tier 1 Total Risk - based Tier 1 Common Equity Tier 1 $ 957,077 $ 884,694 $ 884,694 $ 1,008,479 $ 826,096 $ 804,474 Regulatory capital (48,104 ) (48,104 ) (48,104 ) (48,004 ) (48,004 ) (48,004 ) Unrealized loss on AFS securities $ 908,973 $ 836,590 $ 836,590 $ 960,475 $ 778,092 $ 756,470 Adjusted regulatory capital $ 6,702,287 $ 6,702,287 $ 6,702,287 $ 6,701,656 $ 6,701,656 $ 6,701,656 Risk weighted assets (10,158 ) (10,158 ) (10,158 ) (9,678 ) (9,678 ) (9,678 ) Risk weighted assets impact of unrealized losses on AFS securities $ 6,692,129 $ 6,692,129 $ 6,692,129 $ 6,691,978 $ 6,691,978 $ 6,691,978 Adjusted Risk weighted assets 14.28% 13.20% 13.20% 15.05% 12.33% 12.00% Regulatory capital ratio as reported - 0.70% - 0.70% - 0.70% - 0.70% - 0.70% - 0.70% Impact of unrealized losses on AFS securities 13.58% 12.50% 12.50% 14.35% 11.63% 11.30% Pro forma regulatory capital ratio Note: numbers may not add due to rounding (1) Pro forma capital ratios at September 30, 2025.

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