Hanmi Financial Corporation HAFC (“Hanmi”), the holding company for
Hanmi Bank (the “Bank”), today announced that the Federal Reserve Bank of San
Francisco (the “FRB”) has informed Hanmi and the Bank that the Written
Agreement entered into between Hanmi, the Bank and the FRB on November 2, 2009
(the “Written Agreement”) has been terminated, effective December 4, 2012. As
a result, with the recent lifting of the Memorandum of Understanding with the
California Department of Financial Institutions on October 29, 2012 and
today's termination of the Written Agreement, the Bank is no longer subject to
any ongoing enforcement actions.
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