UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM
10-K/A
 (Amendment No. 2)
 þ
    
    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the Fiscal Year Ended December 31, 2009
 or
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the Transition Period From  To
 Commission File Number: 000-30421
 HANMI FINANCIAL CORPORATION
 (Exact Name of Registrant as Specified in its Charter)
 Delaware
    
    95-4788120(State or Other Jurisdiction of Incorporation or Organization)
    
    (I.R.S. Employer Identification No.)3660 Wilshire Boulevard, Penthouse Suite ALos Angeles, California
    
    90010(Address of Principal Executive Offices)
    
    (Zip Code)
 (213) 382-2200  (Registrants Telephone Number, Including Area Code)
  Title of Each Class
    
    Name of Each Exchange on Which RegisteredCommon Stock, $0.001 Par Value
    
    NASDAQ Global Select Market
  None  (Title of Class)
 o þ
 o þ
 þ o
 o o
 o
  Large Accelerated Filer o
    
    Accelerated Filer þ
    
    Non-Accelerated Filer o
    
    Smaller Reporting Company o(Do not check if a smaller reporting company)
 o þ
   Documents Incorporated By Reference Herein:




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Explanatory Statement to Form 10-K Amendment




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HANMI FINANCIAL CORPORATION
 ANNUAL REPORT ON FORM 10-K/A FOR THE FISCAL YEAR ENDED DECEMBER 31, 2009
 TABLE OF CONTENTS
 PagePART IIIItem 11. Executive Compensation
    
    
    3Item 12. Security Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters
    
    
    16PART IVItem 15. Exhibits, Financial Statement Schedules
    
    
    18Signatures




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##### 



PART III
 
 ITEM 11.
    
    EXECUTIVE COMPENSATION
 Compensation Discussion and Analysis
 Overview
  Compensation Philosophy and Objectives
  Methodology for Establishing Compensation
   
    
    Cathay Bancorp, Los Angeles, California
    
    Center Bank, Los Angeles, California
    
    First Regional Bancorp, Los Angeles, California
    
    Nara Bank, Los Angeles, California
    
    Wilshire State Bank, Los Angeles, California
  th th
 3




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Elements of the Compensation Program
   Annual Base Salary
  Short-Term Cash Incentive Compensation
   4




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Long-Term Incentive Awards
    Deferred Compensation
   Executive Perquisites
 .
 Broad-Based Benefits Programs
  5




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##### 



Change in Control Arrangements
  Compensation Policy Risk Assessment
   Named Executive Officers Compensation
  Employment Agreement with Chief Executive Officer, Jay S. Yoo
    Compensation for Chief Financial Officer, Brian Cho
  6




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##### 



Compensation for Chief Credit Officer, John Park
    Compensation for Interim Chief Credit Officer, Jung Hak Son
   Administrative Policies and Practices
  Stock Ownership Guidelines
  Tax Deductibility of Executive Officer Compensation
  7




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##### 



Compensation Committee Report
 The following Compensation Committee Report should not be deemed filed or incorporated by
reference into any other document, including Hanmi Financials filings under the Securities Act of
1933 or the Securities Exchange Act of 1934, except to the extent the Company specifically
incorporates this Report into any such filing by reference.
    The NCGC Committee Report
   
 8




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##### 



Summary Compensation Table
  SUMMARY COMPENSATION TABLEChange inPensionValue andNon-QualifiedStock
    
    
    Option
    
    
    Non-Equity
    
    
    Deferred
    
    
    All OtherSalary
    
    
    Bonus
    
    
    Awards
    
    
    Awards
    
    
    Incentive Plan
    
    
    Compensation
    
    
    CompensationName and
    
    
    
    
    
    (1)
    
    
    (1) (5)
    
    
    (2) (3)
    
    
    (2) (4)
    
    
    Compensation
    
    
    Earnings
    
    
    (1)
    
    
    TotalPrincipal Position
    
    Year
    
    
    ($)
    
    
    ($)
    
    
    ($)
    
    
    ($)
    
    
    ($)
    
    
    ($)
    
    
    ($)
    
    
    ($)(a)
    
    (b)
    
    
    (c)
    
    
    (d)
    
    
    (e)
    
    
    (f)
    
    
    (g)
    
    
    (h)
    
    
    (i)
    
    
    (j)Jay S. Yoo, President,
    
    
    2009
    
    
    $
    326,192
    
    
    $
    
    
    
    $
    27,000
    
    
    $
    30,765
    
    
    $
    
    
    
    $
    
    
    
    $
    63,668
    (6)
    
    $
    447,625Chief Executive Officer
and Director
    
    
    2008
    
    
    $
    172,404
    
    
    $
    
    
    
    $
    
    
    
    $
    87,619
    
    
    $
    
    
    
    $
    
    
    
    $
    49,722
    (6)
    
    $
    309,745Brian E. Cho, Executive
    
    
    2009
    
    
    $
    266,885
    
    
    $
    
    
    
    $
    20,250
    
    
    $
    9,230
    
    
    $
    
    
    
    $
    
    
    
    $
    36,522
    (7)
    
    $
    332,887Vice President and
    
    
    2008
    
    
    $
    270,000
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    35,239
    (7)
    
    $
    305,239Chief Financial Officer
    
    
    2007
    
    
    $
    22,500
    
    
    $
    100,000
    
    
    $
    47,600
    
    
    $
    75,453
    
    
    $
    
    
    
    $
    
    
    
    $
    878
    (7)
    
    $
    246,431Jung Hak Son, Senior
Vice President and
Chief Credit Officer
    
    
    2009
    
    
    $
    173,385
    
    
    $
    
    
    
    $
    13,500
    
    
    $
    6,153
    
    
    $
    
    
    
    $
    
    
    
    $
    36,169

(8)
    
    $
    229,207John Park, Former
    
    
    2009
    
    
    $
    175,544
    
    
    $
    
    
    
    $
    20,250
    
    
    $
    9,230
    
    
    $
    
    
    
    $
    
    
    
    $
    28,673
    (9)
    
    $
    233,697Executive Vice
President
and Chief Credit
Officer
(10)
    
    
    2008
    
    
    $
    70,000
    
    
    $
    
    
    
    $
    25,750
    
    
    $
    58,386
    
    
    $
    
    
    
    $
    
    
    
    $
    6,448
    (9)
    
    $
    160,584
 
 (1)
    
    All cash compensation and perquisites paid to the Named Executive Officers are
paid by, and are the responsibility of, Hanmi Financials subsidiary, Hanmi Bank.(2)
    
    All equity awards are made by Hanmi Financial, are for shares of Hanmi Financials
common stock, and are made pursuant to the 2007 Equity Compensation Plan (the 2007 Plan).(3)
    
    Pursuant to new SEC regulations regarding the valuation of equity awards, amounts in
columns (e) represent the applicable full grant date fair values of stock awards in accordance
with FASB ASC Topic 718, excluding the effect for forfeitures. To facilitate year-to-year
comparisons, the SEC regulations require companies to present recalculated disclosures for
each preceding year required under the rules so that equity awards and stock options reflect
the applicable full grant date fair values, excluding the effect of forfeitures. The total
compensation column is recalculated accordingly. For further information, see Note 13 to
Hanmi Financials audited financial statements for the year ended December 31, 2009 included
in Hanmi Financials Annual Report on Form 10-K filed with the SEC on March 15, 2010.(4)
    
    Pursuant to new SEC regulations regarding the valuation of equity awards, amounts in
columns (f) represent the applicable full grant date fair values of option awards in
accordance with FASB ASC Topic 718, excluding the effect for forfeitures. To facilitate
year-to-year comparisons, the SEC regulations require companies to present recalculated
disclosures for each preceding year required under the rules so that equity awards and stock
options reflect the applicable full grant date fair values, excluding the effect of
forfeitures. The total compensation column is recalculated accordingly. For further
information, see Note 13 to Hanmi Financials audited financial statements for the year ended
December 31, 2009 included in Hanmi Financials Annual Report on Form 10-K filed with the SEC
on March 15, 2010.(5)
    
    The amounts in column (d) reflect the discretionary bonuses paid to the Named
Executive Officers for services performed in the prior year. Amounts shown are not reduced to
reflect the Named Executive Officers elections, if any, to defer receipt of awards into the
DCP.(6)
    
    Amounts consist of: a) life insurance premiums ($392 for 2009; $199 for 2008); b)
company automobile ($26,936 for 2009; $3,967 for 2008); c) health insurance premiums ($11,178
for 2009; $7,613 for 2008); d) employer contributions under the 401(k) plan ($12,375 for 2009;
$9,900 for 2008); e) club memberships ($8,110 for 2009; $27,454 for 2008); and f) other
perquisites ($4,677 for 2009; $589 for 2008) such as cellular phone allowance, gasoline card,
meal allowance and Holiday gift cards.(7)
    
    Amounts consist of: a) life insurance premiums ($392 for 2009; $398 for 2008, $0
for 2007); b) automobile allowance ($8,303 for 2009; $8,400 for 2008, $700 for 2007); c)
health insurance premiums ($10,157 for 2009; $11,830 for 2008, $0 for 2007); d) employer
contributions under the 401(k) plan ($12,375 for 2009; $11,625 for 2008, $0 for 2007); and e)
other perquisites ($5,295 for 2009; $2,236 for 2008, $178 for 2007) such as cellular phone
allowance, gasoline card, meal allowance and Holiday gift cards.(8)
    
    Amounts consist of: a) life insurance premiums ($370 for 2009); b) automobile
allowance ($8,303 for 2009); c) health insurance premiums ($10,157 for 2009); d) employer
contributions under the 401(k) plan ($10,403 for 2009); and e) other perquisites ($6,936 for
2009) such as cellular phone allowance, gasoline card, meal allowance and Holiday gift cards. 9




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##### 



(9)
    
    Amounts consist of: a) life insurance premiums ($327 for 2009; $99 for 2008); b)
automobile allowance ($6,591 for 2009; $2,800 for 2008); c) health insurance premiums ($8,480
for 2009; $2,743 for 2008); d) employer contributions under the 401(k) plan ($9,547 for 2009;
$394 for 2008); and e) other perquisites ($3,728 for 2009; $412 for 2008) such as cellular
phone allowance, gasoline card, meal allowance and Holiday gift cards.(10)
    
    Mr. Park passed away on October 14, 2009. Grants of Plan-Based Awards
 Summary Compensation Table
 GRANTS OF PLAN-BASED AWARDSAll Other
    
    
    All OtherStock
    
    
    Option
    
    
    Exercise
    
    
    GrantEstimated Future Payouts
    
    
    Estimated Future Payouts
    
    
    Awards:
    
    
    Awards:
    
    
    or Base
    
    
    Date FairUnder Non-Equity
    
    
    
    
    
    
    Under Equity Incentive
    
    
    Number of
    
    
    Number of
    
    
    Price of
    
    
    Value ofIncentive Plan Awards(1)
    
    
    Plan Awards
    
    
    Shares of
    
    
    Securities
    
    
    Option
    
    
    Stock andGrant
    
    
    Threshold
    
    
    Target
    
    
    Maximum
    
    
    Threshold
    
    
    Target
    
    
    Maximum
    
    
    Stock or
    
    
    Underlying
    
    
    Awards(1)
    
    
    OptionName
    



    Date
    
    

    ($)
    
    
    ($)
    
    
    ($)
    
    
    (#)
    
    
    (#)
    
    
    (#)
    
    
    Units (#)
    
    
    Options (#)
    
    
    ($/Share)
    
    Awards(2)(a)
    
    (b)
    
    
    (c)
    
    
    (d)
    
    
    (e)
    
    
    (f)
    
    
    (g)
    
    
    (h)
    
    
    (i)
    
    
    (j)
    
    
    (k)
    
    
    (l)(3
    )
    
    
    
    
    
    
    
    
    
    $
    247,500Jay S. Yoo
    
    
    04/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    50,000
    
    
    $
    1.35
    
    
    $
    30,76504/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    20,000
    
    
    
    
    
    
    
    
    
    
    $
    27,000(3
    )
    
    
    
    
    
    
    
    
    
    $
    135,000Brian E. Cho
    
    
    04/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    15,000
    
    
    $
    1.35
    
    
    $
    9,23004/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    15,000
    
    
    
    
    
    
    
    
    
    
    $
    20,250(3
    )
    
    
    
    
    
    
    
    
    
    $
    105,000Jung Hak Son
    
    
    04/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    10,000
    
    
    $
    1.35
    
    
    $
    6,15304/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    10,000
    
    
    
    
    
    
    
    
    
    
    $
    13,500John Park
    
    
    04/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    15,000
    
    
    $
    1.35
    
    
    $
    9,23004/08/09
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    15,000
    
    
    
    
    
    
    
    
    
    
    $
    20,250
 
 (1)
    
    Hanmi Financials practice is that the exercise price for each stock option is
the market value on the date of grant.(2)
    
    The amounts in column (l) reflect the grant date fair value computed in accordance
with FASB ASC Topic 718. Assumptions used in the calculation of these amounts for the fiscal
year ended December 31, 2009 are included in Note 13 to Hanmi Financials audited financial
statements for the fiscal year ended December 31, 2009, included in Hanmi Financials Annual
Report on Form 10-K filed with the SEC on March 15, 2010.(3)
    
    Represents the maximum amount which could have been earned in 2009 as short-term
incentive cash compensation, as described in Compensation Discussion and Analysis. No amounts
were earned as short term incentive cash compensation for work performed in 2009. Outstanding Equity Awards at Fiscal Year-End
   10




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##### 



OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-ENDOption Awards
    
    
    Stock AwardsEquity
    
    
    EquityIncentive
    
    
    IncentiveEquity
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Plan
    
    
    PlanIncentive
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Awards:
    
    
    Awards:Plan
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Number of
    
    
    Market orNumber of
    
    
    Awards:
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Market
    
    
    Unearned
    
    
    Payout ValueNumber of
    
    
    Securities
    
    
    Number of
    
    
    
    
    
    
    
    
    
    
    Number of
    
    
    Value of
    
    
    Shares,
    
    
    of UnearnedSecurities
    
    
    Underlying
    
    
    Securities
    
    
    
    
    
    
    
    
    
    
    Shares or
    
    
    Shares or
    
    
    Units or
    
    
    Shares, UnitsUnderlying
    
    
    Unexercised
    
    
    Underlying
    
    
    
    
    
    
    
    
    
    
    Units of
    
    
    Units of
    
    
    Other
    
    
    or OtherUnexercised
    
    
    Options (#)
    
    
    Unexercised
    
    
    Option
    
    
    Option
    
    
    Stock That
    
    
    Stock That
    
    
    Rights That
    
    
    Rights ThatOptions (#)
    
    
    Unexercis-
    
    
    Unearned
    
    
    Exercise
    
    
    Expiration
    
    
    Have Not
    
    
    Have Not
    
    
    Have Not
    
    
    Have NotName
    
    Exercisable
    
    
    able
    
    
    Options (#)
    
    
    Price ($)
    
    
    Date
    
    
    Vested (#)
    
    
    Vested ($)
    
    
    Vested (#)
    
    
    Vested ($)(a)
    
    (b)
    
    
    (c)
    
    
    (d)
    
    
    (e)
    
    
    (f)
    
    
    (g)
    
    
    (h)
    
    
    (i)
    
    
    (j)Jay S. Yoo
    
    
    35,000
    (1)
    
    
    35,000
    (1)
    
    
    
    
    
    $
    5.66
    
    
    
    06/23/18
    
    
    
    
    
    
    $
    
    
    
    
    
    
    
    $
    
    
    
    
    50,000
    (2)
    
    
    
    
    
    $
    1.35
    
    
    
    04/08/19
    
    
    
    20,000
    (9)
    
    $
    24,000
    (14)

    
    
    
    
    
    $
    Brian E. Cho
    
    
    12,000
    (3)
    
    
    18,000
    (3)
    
    
    
    
    
    $
    9.52
    
    
    
    12/03/17
    
    
    
    3,000
    (10)
    
    $
    3,600
    (15)
    
    
    
    
    
    $
    
    
    
    
    15,000
    (4)

    
    
    
    
    
    $
    1.35
    
    
    
    04/08/19
    
    
    
    15,000
    (11)
    

    $
    18,000
    (16)

    
    
    
    
    
    $
    Jung Hak Son
    
    
    6,000
    (5)
    
    
    4,000
    (5)
    
    
    
    
    
    $
    18.00
    
    
    
    04/19/16
    
    
    
    
    
    
    $
    
    
    
    
    
    
    
    $
    6,000
    (6)
    
    
    4,000
    (6)
    
    
    
    
    
    $
    19.44
    
    
    
    06/30/16
    
    
    
    
    
    
    $
    
    
    
    
    
    
    
    $
    
    
    
    
    
    
    
    
    
    
    
    $
    
    
    
    
    
    
    
    
    1,800
    (12)
    
    $
    2,160
    (17)
    
    
    
    
    
    $
    
    
    
    
    10,000
    (7)

    
    
    
    
    
    $
    1.35
    
    
    
    04/08/19
    
    
    
    10,000
    (13)
    
    $
    12,000

    (18)

    
    
    
    
    
    $
    John Park
    
    
    6,000
    (8)
    
    
    
    (8)
    
    
    
    
    
    $
    5.15
    
    
    
    01/12/10
    
    
    
    
    
    
    $
    
    
    
    
    
    
    
    $
    
 
 (1)
    
    On June 23, 2008, pursuant to the 2007 Plan, 70,000 stock options were granted
to Jay S. Yoo with vesting as follows: 50 percent (50%) to vest on June 23, 2009 and 50
percent (50%) to vest on June 23, 2010.(2)
    
    On April 8, 2009, pursuant to the 2007 Plan, 50,000 stock options were granted to
Jay S. Yoo with vesting as follows: 20 percent (20%) to vest on April 8, 2010 and 20 percent
(20%) to vest on each of the next four anniversary dates.(3)
    
    On December 3, 2007, pursuant to the 2007 Plan, 30,000 stock options were granted to
Brian E. Cho with vesting as follows: 20 percent (20%) to vest on December 3, 2008 and 20
percent (20%) to vest on each of the next four anniversary dates.(4)
    
    On April 8, 2009, pursuant to the 2007 Plan, 15,000 stock options were granted to
Brian E. Cho with vesting as follows: 20 percent (20%) to vest on April 8, 2010 and 20
percent (20%) to vest on each of the next four anniversary dates.(5)
    
    On April 19, 2006, pursuant to the Year 2000 Stock Option Plan (2000 Plan), 10,000
stock options were granted to Jung Hak Son with vesting as follows: 20 percent (20%) to vest
on April 19, 2007 and 20 percent (20%) to vest on each of the next four anniversary dates.(6)
    
    On June 30, 2006, pursuant to the 2000 Plan, 10,000 stock options were granted to
Jung Hak Son with vesting as follows: 20 percent (20%) to vest on June 30, 2006 and 20
percent (20%) to vest on each of the next four anniversary dates.(7)
    
    On April 8, 2009, pursuant to the 2007 Plan, 15,000 stock options were granted to
Jung Hak Son with vesting as follows: 20 percent (20%) to vest on April 8, 2010 and 20
percent (20%) to vest on each of the next four anniversary dates.(8)
    
    On September 2, 2008, pursuant to the 2007 Plan, 30,000 stock options were granted
to John Park with vesting as follows: 20 percent (20%) to vest on September 2, 2009 and 20
percent (20%) to vest on each of the next four anniversary dates. Mr. Park passed away on
October 14, 2009. As of that date, 6,000 stock options were vested and still exercisable for a
period of 90 days, or January 12, 2010. 11




---



##### 



(9)
    
    On April 8, 2009, pursuant to the 2007 Plan, 20,000 shares of restricted stock were
awarded to Jay S. Yoo with vesting as follows: 20 percent (20%) to vest on April 8, 2010 and
20 percent (20%) to vest on each of the next four anniversary dates.(10)
    
    On December 3, 2007, pursuant to the 2007 Plan, 5,000 shares of restricted stock
were awarded to Brian E. Cho with vesting as follows: 20 percent (20%) to vest on December 3,
2008 and 20 percent (20%) to vest on each of the next four anniversary dates. 3,000 shares
remain unvested after 20% (1,000 shares) vested on December 3, 2009 and 20% (1,000 shares)
vested on December 3, 2008.(11)
    
    On April 8, 2009, pursuant to the 2007 Plan, 15,000 shares of restricted stock were
awarded to Brian E. Cho with vesting as follows: 20 percent (20%) to vest on April 8, 2010
and 20 percent (20%) to vest on each of the next four anniversary dates.(12)On
November 1, 2007, pursuant to the 2007 Plan, 3,000 shares of restricted stock were awarded to
Jung Hak Son with vesting as follows: 20 percent (20%) to vest on November 1, 2007 and 20
percent (20%) to vest on each of the next four anniversary dates. 1,800 shares remain
unvested after 20% (600 shares) vested on November 1, 2009 and 20% (600 shares) vested on
November 1, 2008.(13)
    
    On April 8, 2009, pursuant to the 2007 Plan, 10,000 shares of restricted stock were
awarded to Jung Hak Son with vesting as follows: 20 percent (20%) to vest on April 8, 2010
and 20 percent (20%) to vest on each of the next four anniversary dates.(14)
    
    Amount calculated as follows: Closing Stock Price as of December 31, 2009 ($1.20) x Unvested Shares of Restricted Stock (20,000).(15)
    
    Amount calculated as follows: Closing Stock Price as of December 31, 2009 ($1.20) x Unvested Shares of Restricted Stock (3,000).(16)
    
    Amount calculated as follows: Closing Stock Price as of December 31, 2009 ($1.20) x Unvested Shares of Restricted Stock (15,000).(17)
    
    Amount calculated as follows: Closing Stock Price as of December 31, 2009 ($1.20) x Unvested Shares of Restricted Stock (1,800).(18)
    
    Amount calculated as follows: Closing Stock Price as of December 31, 2009 ($1.20) x Unvested Shares of Restricted Stock (10,000). Option Exercises and Stock Vested
  OPTION EXERCISES AND STOCK VESTEDOption Awards
    
    Stock AwardsNumber
    
    
    
    
    
    Numberof Shares
    
    Value
    
    of Shares
    
    ValueAcquired
    
    Realized
    
    Acquired
    
    Realizedon Exercise
    
    on Exercise
    
    on Vesting
    
    on VestingName
    
    (#)
    
    ($)
    
    (#)
    
    ($)(a)
    
    (b)
    
    (c)
    
    (d)
    
    (e)Jay S. Yoo
    
    
    
    
    
    $
    
    
    
    
    
    
    
    $
    Brian E. Cho
    
    
    
    
    
    $
    
    
    
    
    1,000
    (1)
    
    $
    1,210
    (2)Jung Hak Son
    
    
    
    
    
    $
    
    
    
    
    600
    
    
    $
    918
    (3)John Park
    
    
    
    
    
    $
    
    
    
    
    1,000
    (4)
    
    $
    1,480
    (5)
 
 (1)
    
    On December 3, 2007, pursuant to the 2007 Plan, 5,000 shares of restricted stock
were awarded to Brian E. Cho with vesting as follows: 20 percent (20%) to vest on December
3, 2008 and 20 percent (20%) to vest on each of the next four anniversary dates.(2)
    
    Amount calculated as follows: Closing Stock Price as of December 3, 2009 ($1.21)
x Shares of Restricted Stock That Vested (1,000).(3)
    
    Amount calculated as follows: Closing Stock Price as of October 30, 2009
($1.53) x Shares of Restricted Stock That Vested (600).(4)
    
    On September 2, 2008, pursuant to the 2007 Plan, 5,000 shares of restricted stock
were awarded to John Park with vesting as follows: 20 percent (20%) to vest on September
2, 2009 and 20 percent (20%) to vest on each of the next four anniversary dates.(3)
    
    Amount calculated as follows: Closing Stock Price as of September 2, 2009
($1.48) x Shares of Restricted Stock That Vested (1,000). Non-Qualified Deferred Compensation Plan
  Potential Payments Upon Termination or Change In Control
  12




---



##### 



Executive Benefitsand Payments
    
    Voluntary
    
    
    Without
    
    
    Good Cause
    
    
    Change inUpon Termination(1)
    
    Termination
    
    
    Good Cause Termination
    
    
    Termination
    
    
    Control
    
    
    Death
    
    
    DisabilityCompensation:Base Salary
    
    $
    158,400
    (2)
    
    $
    158,400
    (2)
    
    $
    
    
    
    $
    158,400
    (2)
    
    $
    158,400
    (2)
    
    $
    158,400
    (2)Restricted Stock
    
    
    
    
    
    
    
    
    
    
    
    
    
    $
    24,000
    (6)Benefits and Perquisites:Life Insurance Benefits
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    $
    50,000
    (3)
    
    
    Disability Income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    $
    97,500
    (4)Accrued Vacation Pay
    
    $
    24,115
    (5)
    
    $
    24,115
    (5)
    
    $
    24,115
    (5)
    
    $
    24,115
    (5)
    
    $
    24,115
    (5)
    
    $
    24,115
    (5)Total
    
    $
    182,515
    
    
    $
    182,515
    
    
    $
    24,115
    
    
    $
    206,515
    
    
    $
    232,515
    
    
    $
    280,015
 
 (1)
    
    Assumes the Chief Executive Officers date of termination is December 31, 2009
and the price per share of Hanmi Financials stock on the date of termination is $1.20 per
share.(2)
    
    Amount represents total base salary to be paid to the Chief Executive Officer,
which is base pay equal to six months or the remaining term of the Chief Executive
Officers employment agreement, which ends on June 23, 2010, whichever is shorter. Amount
is calculated as follows: $330,000 (Annual Base Salary) x 0.48 year (which is the
remaining term of the Chief Executive Officers employment agreement)(3)
    
    Amount represents proceeds from life insurance policies.(4)
    
    Amount represents disability income to be paid to the Chief Executive Officer
until he reaches age 65.(5)
    
    Amount represents cash lump-sum payment for unused vacation days as of
termination date.(6)
    
    Based on the intrinsic values of equity awards that accelerate upon
a change in control. For restricted stock awards, the intrinsic value is based upon the closing price of our common stock on December 31, 2009 ($1.20)  Voluntary Termination
  Without Good Cause Termination
  13




---



##### 



Good Cause Termination
  Other Executives
  Director Compensation
  DIRECTOR COMPENSATIONChange inPensionFees
    
    
    
    
    
    
    
    
    
    
    
    
    
    Value andEarned
    
    
    
    
    
    
    
    
    
    
    
    
    
    Non-Qualifiedor Paid
    
    Stock
    
    Option
    
    Non-Equity
    
    Deferred
    
    All Otherin Cash
    
    Awards
    
    Awards
    
    Incentive Plan
    
    Compensation
    
    Compensation($)
    
    ($)
    
    ($)
    
    Compensation
    
    Earnings
    
    ($)
    
    TotalName
    
    (1)(2)
    
    (3)(4) (6) (7)
    
    (3)(5) (6) (7)
    
    ($)
    
    ($)
    
    (1)(8)
    
    ($)(a)
    
    (b)
    
    (c)
    
    (d)
    
    (e)
    
    (f)
    
    (g)
    
    (h)Robert Abeles (8)
    
    $
    12,900
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    1,274
    
    
    $
    14,174I Joon Ahn
    
    $
    64,200
    
    
    $
    20,250
    
    
    $
    12,306
    
    
    $
    
    
    
    $
    
    
    
    $
    15,275
    
    
    $
    112,031John A. Hall
    
    $
    66,350
    
    
    $
    20,250
    
    
    $
    12,306
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    98,906Paul Seon-Hong Kim
    
    $
    63,700
    
    
    $
    20,250
    
    
    $
    12,306
    
    
    $
    
    
    
    $
    
    
    
    $
    12,762
    
    
    $
    109,018Joon Hyung Lee
    
    $
    66,850
    
    
    $
    20,250
    
    
    $
    12,306
    
    
    $
    
    
    
    $
    
    
    
    $
    15,276
    
    
    $
    114,682Richard B. C. Lee (9)
    
    $
    19,300
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    295,612
    
    
    $
    314,912Charles Kwak (10)
    
    $
    13,600
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    3,822
    
    
    $
    17,422Joseph K. Rho
    
    $
    83,000
    
    
    $
    20,250
    
    
    $
    12,306
    
    
    $
    
    
    
    $
    
    
    
    $
    15,275
    
    
    $
    130,831William J. Stolte
    
    $
    42,200
    
    
    $
    23,550
    
    
    $
    14,492
    
    
    $
    
    
    
    $
    
    
    
    $
    478
    
    
    $
    80,720
 
 (1)
    
    All cash compensation and perquisites paid to Directors are paid by Hanmi Bank,
which is then reimbursed by Hanmi Financial.(2)
    
    Each Director who is not an employee of Hanmi Financial (an outside Director) is
paid a monthly retainer fee of $3,000 and $1,000 monthly for attendance at Board of Directors
meetings ($500 for telephonic attendance at Board meetings). In addition, the Chairman of the
Board receives an additional $2,500 each month. The Audit Committee Chairman receives an
additional $1,500 each month. The chairmen of the remaining committees receive an additional
$750 each month, and committee members receive an additional $200 each month for attending
committee meetings ($100 each month for telephonic attendance at committee meetings).(3)
    
    All equity awards are made by Hanmi Financial, are for shares of Hanmi Financials
common stock, and are made pursuant to the 2007 Plan. 14




---



##### 



(4)
    
    Pursuant to new SEC regulations regarding the valuation of equity awards, amounts in
columns (c) represent the applicable full grant date fair values of stock awards in accordance
with FASB ASC Topic 718, excluding the effect for forfeitures. For further information, see
Note 13 to Hanmi Financials audited financial statements for the year ended December 31, 2009
included in Hanmi Financials Annual Report on Form 10-K filed with the SEC on March 15, 2010.(5)
    
    Pursuant to new SEC regulations regarding the valuation of equity awards, amounts in
columns (d) represent the applicable full grant date fair values of option awards in
accordance with FASB ASC Topic 718, excluding the effect for forfeitures. For further
information, see Note 13 to Hanmi Financials audited financial statements for the year ended
December 31, 2009 included in Hanmi Financials Annual Report on Form 10-K filed with the SEC
on March 15, 2010.(6)
    
    Grants of Plan-Based Awards Directors are eligible to be granted stock options and
restricted stock under the 2007 Plan. In 2009, outside Directors were granted the following
stock options and restricted stock awards under the 2007 Plan: Exercise
    
    GrantRestricted
    
    or Base
    
    Date FairStock
    
    Price of
    
    Value ofand Option
    
    Option
    
    Stock andGrant
    
    Awards
    
    Awards(a)
    
    OptionName
    
    Date
    
    (#)
    
    ($/Share)
    
    AwardsI Joon Ahn
    
    
    04/08/09
    
    
    
    20,000
    
    
    $
    1.35
    
    
    $
    12,30604/08/09
    
    
    
    15,000
    
    
    
    
    
    
    $
    20,250John A. Hall
    
    
    04/08/09
    
    
    
    20,000
    
    
    $
    1.35
    
    
    $
    12,30604/08/09
    
    
    
    15,000
    
    
    
    
    
    
    $
    20,250Paul Seon-Hong Kim
    
    
    04/08/09
    
    
    
    20,000
    
    
    $
    1.35
    
    
    $
    12,30604/08/09
    
    
    
    15,000
    
    
    
    
    
    
    $
    20,250Charles Kwak(10)
    
    
    07/01/09
    
    
    
    20,000
    
    
    $
    1.69
    
    
    $
    17,22007/01/09
    
    
    
    15,000
    
    
    
    
    
    
    $
    25,350Joon Hyung Lee
    
    
    04/08/09
    
    
    
    20,000
    
    
    $
    1.35
    
    
    $
    12,30604/08/09
    
    
    
    15,000
    
    
    
    
    
    
    $
    20,250Joseph K. Rho
    
    
    04/08/09
    
    
    
    20,000
    
    
    $
    1.35
    
    
    $
    12,30604/08/09
    
    
    
    15,000
    
    
    
    
    
    
    $
    20,250William J. Stolte
    
    
    04/22/09
    
    
    
    20,000
    
    
    $
    1.57
    
    
    $
    14,49204/22/09
    
    
    
    15,000
    
    
    
    
    
    
    $
    23,550
 
 (7)
    
    Outstanding Equity Awards at Fiscal Year-End The following table shows information
as of December 31, 2009 for Hanmi Financials Directors concerning unexercised stock
options: Number of
    
    Number ofSecurities
    
    SecuritiesUnderlying
    
    UnderlyingUnexercised
    
    Unexercised
    
    Option
    
    OptionOptions (#)
    
    Options (#)
    
    Exercise
    
    ExpirationName
    
    Exercisable
    
    Unexercisable
    
    Price ($)
    
    DateI Joon Ahn
    
    
    24,000
    (b)
    
    
    
    
    
    $
    21.63
    
    
    
    11/15/16
    
    
    
    20,000
    (c)
    
    $
    1.35
    
    
    
    04/08/19John A. Hall
    
    
    
    
    
    
    20,000
    (c)
    
    $
    1.35
    
    
    
    04/08/19Paul Seon-Hong Kim
    
    
    
    
    
    
    20,000
    (c)
    
    $
    1.35
    
    
    
    04/08/19Joon Hyung Lee
    
    
    36,624
    (a)
    
    
    
    
    
    $
    3.89
    
    
    
    09/20/1024,000
    (b)
    
    
    
    
    
    $
    21.63
    
    
    
    11/15/16
    
    
    
    20,000
    (c)
    
    $
    1.35
    
    
    
    04/08/19Joseph K. Rho
    
    
    24,000
    (b)
    
    
    
    
    
    $
    21.63
    
    
    
    11/15/16
    
    
    
    20,000
    (c)
    
    $
    1.35
    
    
    
    04/08/19William J. Stolte
    
    
    
    
    
    
    20,000
    (d)
    
    $
    1.57
    
    
    
    04/22/19
 
 (a)
    
    On September 20, 2000, pursuant to the 2000 Plan, 91,560 stock options were
granted to each Director with vesting as follows: 20 percent (20%) to vest on September
20, 2001 and 20 percent (20%) on each of the next four anniversary dates.(b)
    
    On November 15, 2006, pursuant to the 2000 Plan, 24,000 stock options were
granted to each Director with vesting as follows: 33.33 percent (33.33%) to vest on
November 15, 2007 and 33.33 percent (33.33%) on each of the next two anniversary dates.(c)
    
    On April 8, 2009, pursuant to the 2007 Plan, 20,000 stock options were granted to
each Director with vesting as follows: 20 percent (20%) to vest on April 8, 2010 and 20
percent (20%) on each of the next four anniversary dates.(d)
    
    On April 22, 2009, pursuant to the 2007 Plan, 20,000 stock options were granted
to Mr. Stolte with vesting as follows: 20 percent (20%) to vest on April 22, 2010 and 20
percent (20%) on each of the next four anniversary dates. 15




---



##### 



(8)
    
    The amounts in column (g) consist of: PresentValue of
    
    Health
    
    Life
    
    TotalTermination
    
    Insurance
    
    Insurance
    
    All OtherName
    
    Benefits(a)
    
    Premiums
    
    Premiums
    
    CompensationRobert Abeles(9)
    
    $
    
    
    
    $
    1,262
    
    
    $
    12
    
    
    $
    1,274I Joon Ahn
    
    $
    
    
    
    $
    15,138
    
    
    $
    137
    
    
    $
    15,275John A. Hall
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    Paul Seon-Hong Kim
    
    $
    
    
    
    $
    12,615
    
    
    $
    147
    
    
    $
    12,762Joon Hyung Lee
    
    $
    
    
    
    $
    15,138
    
    
    $
    138
    
    
    $
    15,276Richard B. C. Lee(10)
    
    $
    288,060
    
    
    $
    7,484
    
    
    $
    68
    
    
    $
    295,612Charles Kwak(11)
    
    $
    
    
    
    $
    3,785
    
    
    $
    37
    
    
    $
    3,822Joseph K. Rho
    
    $
    
    
    
    $
    15,138
    
    
    $
    137
    
    
    $
    15,275William J. Stolte
    
    $
    
    
    
    $
    399
    
    
    $
    79
    
    
    $
    478
 
 (9)
    
    Former Director who resigned effective January 31, 2009.(10)
    
    Former Director who retired effective April 3, 2009. I n connection with his
retirement, Mr. Lee and Hanmi Bank entered into a Severance and Release Agreement (the
Severance Agreement). Pursuant to the Severance Agreement, among other things, Mr. Lee
received a lump-sum payment of $180,000 upon his retirement. Mr. Lee also will receive
current health insurance coverage for the next five years in which Hanmi Bank will continue to
pay for medical, dental, and/or vision premiums with an aggregated estimated cost of $113,275.
The present value of termination benefits is the amount accrued for those payments and is
equal to the present value of the severance payments and premiums using a discount rate of
1.87 percent (1.87%).(11)
    
    Former Director who resigned effective September 28, 2009. NCGC Committee Interlocks and Insider Participation
  
 ITEM 12.
    
    SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER
MATTERS
 BENEFICIAL OWNERSHIP OF PRINCIPAL STOCKHOLDERS AND MANAGEMENT
   16




---



##### 



COMMON STOCK BENEFICIALLY OWNEDNumber
    
    Percent ofof
    
    SharesName and Address of Beneficial Owner
    
    
    
    
    
    Shares
    
    OutstandingLeading Investment & Securities Co., Ltd.
    
    
    (1)
    
    
    
    5,070,423
    
    
    
    9.90
    %GWI Enterprise Ltd.
    
    
    (2)
    
    
    
    5,018,706
    
    
    
    9.80
    %BlackRock, Inc.
    
    
    (3)
    
    
    
    3,027,299
    
    
    
    5.91
    %Joseph K. Rho, Chairman of the Board
    
    
    (4) (5) (6)
    
    
    
    1,637,838
    
    
    
    3.20
    %Joon Hyung Lee, Director
    
    
    (5) (7)
    
    
    
    1,220,677
    
    
    
    2.38
    %I Joon Ahn, Director
    
    
    (4) (5) (6)
    
    
    
    1,220,526
    
    
    
    2.38
    %Paul Seon-Hong Kim, Director
    
    
    (5)(8)
    
    
    
    130,862
    
    
    
    *Jay S. Yoo, President and Chief Executive Officer, Director
    
    
    (5) (9)
    
    
    
    60,000
    
    
    
    *Brian E. Cho, Executive Vice President and Chief Financial Officer
    
    
    (10)
    
    
    
    35,000
    
    
    
    *Jung Hak Son, Senior Vice President and Chief Credit Officer
    
    
    (11)
    
    
    
    27,000
    
    
    
    *John A. Hall, Director
    
    
    (5)(8)
    
    
    
    22,000
    
    
    
    *William J. Stolte, Director
    
    
    (5)(8)
    
    
    
    20,000
    
    
    
    *All Directors and Executive Officers as a Group (9 in Number)
    
    
    
    
    
    
    4,373,903
    
    
    
    8.51
    %
 
 (1)
    
    Based on a Schedule 13D filed on September 14, 2009 with the SEC under the
Securities Exchange Act of 1934, as amended, by Leading Investment & Securities Co., Ltd
(Leading). The address of Leading is W Savings Bank Building, 5thFloor, 90-7
Nonhyeon-Dong, Gangnam-Gu, Seoul 135-818, Korea.(2)
    
    Based on a Schedule 13D filed on March 17, 2010 with the SEC under the Securities
Exchange Act of 1934, as amended, by Mu Hak You. Mu Hak Yous address is Kings Court, Bay
Street, P.O. Box N-3944, Nassau, Bahamas C5 3944.(3)
    
    Based on a Schedule 13G filed on January 29, 2010 with the SEC under the Securities
Exchange Act of 1934, as amended, by BlackRock, Inc. (BlackRock). The address of BlackRock
is 40 East 52nd Street, New York, NY 10022.(4)
    
    Includes 24,000 options that are presently exercisable under the 2000 Plan and 4,000
options under the 2007 Plan that will become exercisable within 60 days.(5)
    
    Includes 15,000 shares of restricted stock.(6)
    
    Shares beneficial ownership with his spouse.(7)
    
    Includes 60,624 options that are presently exercisable under the 2000 Plan and 4,000
options under the 2007 Plan that will become exercisable within 60 days.(8)
    
    Includes 4,000 options under the 2007 Plan that will vest within 60 days.(9)
    
    Includes 35,000 options that are presently exercisable under the 2007 plan and
10,000 options under the 2007 Plan that will become exercisable within 60 days.(10)
    
    Includes 12,000 options that are presently exercisable under the 2007 Plan, 3,000
options under the 2007 Plan that will become exercisable within 60 days, and 18,000 shares of
restricted stock(11)
    
    Includes 12,000 options that are presently exercisable under the 2000 Plan,
2,000 options under the 2007 Plan that will become exercisable
within 60 days, and 11,800 shares of restricted stock. Securities Authorized for Issuance Under Equity Compensation Plans
  Number of SecuritiesRemaining Available forFuture Issuance UnderNumber of Securities to be
    
    Weighted-Average
    
    Equity CompensationIssued Upon Exercise of
    
    Exercise Price of
    
    Plans (ExcludingOutstanding Options,
    
    Outstanding Options,
    
    SecuritiesWarrants and Rights
    
    Warrants and Rights
    
    Reflected in Column(a))(a)
    
    (b)Equity Compensation Plans
Approved By Security Holders
    
    
    1,180,358
    
    
    $
    11.78
    
    
    
    1,620,775Equity Compensation Plans Not
Approved By Security Holders
    
    
    
    
    
    $
    
    
    
    
    Total Equity Compensation Plans
    
    
    1,180,358
    
    
    $
    11.78
    
    
    
    1,620,775
 17




---



##### 



PART IV
 
 ITEM 15.
    
    EXHIBITS, FINANCIAL STATEMENT SCHEDULES
 EXHIBIT INDEX
 ExhibitNumber
    
    Document3.1
    
    Amended and Restated Certificate of Incorporation of Hanmi Financial Corporation (1)3.2
    
    Certificate of Second Amendment of Certificate of Incorporation of Hanmi Financial Corporation (1)3.3
    
    Certificate of Third Amendment of Certificate of Incorporation of Hanmi Financial Corporation (2)3.4
    
    Amended and Restated Bylaws of Hanmi Financial Corporation (1)3.5
    
    Certificate of Amendment to Bylaws of Hanmi Financial Corporation dated November 21, 2007 (1)3.6
    
    Certificate of Amendment to Bylaws of Hanmi Financial Corporation dated October 14, 2009 (3)4
    
    Specimen stock certificate representing Hanmi Financial Corporation Common Stock (4)10.1
    
    Amended and Restated Trust Agreement of Hanmi Capital Trust I dated as of January 8, 2004 among Hanmi Financial
Corporation, Deutsche Bank Trust Company Americas, as Property Trustee, Deutsche Bank Trust Company Delaware, as
Delaware Trustee, and the Administrative Trustees Named Therein (5)10.2
    
    Hanmi Capital Trust I Junior Subordinated Indenture dated as of January 8, 2004 entered into between Hanmi Financial
Corporation and Deutsche Bank Trust Company Americas, as Trustee (included as exhibit D to Exhibit 10.1) (5)10.3
    
    Hanmi Capital Trust I Guarantee Agreement dated as of January 8, 2004 entered into between Hanmi Financial Corporation,
as Guarantor, and Deutsche Bank Trust Company Americas, as Guarantee Trustee (5)10.4
    
    Hanmi Capital Trust I Form of Common Securities Certificate (included as exhibit B to Exhibit 10.1) (5)10.5
    
    Hanmi Capital Trust I Form of Preferred Securities Certificate (included as exhibit C to Exhibit 10.1) (5)10.6
    
    Amended and Restated Trust Agreement of Hanmi Capital Trust II dated as of March 15, 2004 among Hanmi Financial
Corporation, Deutsche Bank Trust Company Americas, as Property Trustee, Deutsche Bank Trust Company Delaware, as
Delaware Trustee, and the Administrative Trustees Named Therein (5)10.7
    
    Hanmi Capital Trust II Junior Subordinated Indenture dated as of March 15, 2004 entered into between Hanmi Financial
Corporation and Deutsche Bank Trust Company Americas, as Trustee (included as exhibit D to Exhibit 10.6) (5)10.8
    
    Hanmi Capital Trust II Guarantee Agreement dated as of March 15, 2004 entered into between Hanmi Financial Corporation,
as Guarantor, and Deutsche Bank Trust Company Americas, as Guarantee Trustee (5)10.9
    
    Hanmi Capital Trust II Form of Common Securities Certificate (included as exhibit B to Exhibit 10.6) (5)10.10
    
    Hanmi Capital Trust II Form of Preferred Securities Certificate (included as exhibit C to Exhibit 10.6) (5)10.11
    
    Amended and Restated Trust Agreement of Hanmi Capital Trust III dated as of April 28, 2004 among Hanmi Financial
Corporation, Deutsche Bank Trust Company Americas, as Property Trustee, Deutsche Bank Trust Company Delaware, as
Delaware Trustee, and the Administrative Trustees Named Therein (5)10.12
    
    Hanmi Capital Trust III Junior Subordinated Indenture dated as of April 28, 2004 entered into between Hanmi Financial
Corporation and Deutsche Bank Trust Company Americas, as Trustee (included as exhibit D to Exhibit 10.11)
(5)10.13
    
    Hanmi Capital Trust III Guarantee Agreement dated as of April 28, 2004 entered into between Hanmi Financial Corporation,
as Guarantor, and Deutsche Bank Trust Company Americas, as Guarantee Trustee (5)10.14
    
    Hanmi Capital Trust III Form of Common Securities Certificate (included as exhibit B to Exhibit 10.11) (5)10.15
    
    Hanmi Capital Trust III Form of Preferred Securities Certificate (included as exhibit C to Exhibit 10.11) (5)10.16
    
    Employment Agreement Between Hanmi Financial Corporation and Hanmi Bank, on the One Hand, and Jay S. Yoo, on the Other
Hand, dated as of June 19, 2008 (6) 10.17
    
    Hanmi Financial Corporation 2007 Equity Compensation Plan (7) 10.18
    
    Hanmi Financial Corporation Year 2000 Stock Option Plan (8) 10.19
    
    Form of Notice of Stock Option Grant and Agreement Pursuant to 2007 Equity Compensation Plan (1) 10.20
    
    Form of Notice of Grant and Restricted Stock Agreement Pursuant to 2007 Equity Compensation Plan (1) 10.21
    
    Employment Offer Letter with Brian E. Cho, executed November 1, 2007 (9) 10.22
    
    Securities Purchase Agreement, dated June 12, 2009, by and between Hanmi Financial Corporation and Leading Investments &
Securities Co., Ltd. (10)10.23
    
    Registration Rights Agreement, dated June 12, 2009, by and between Hanmi Financial Corporation and Leading Investments &
Securities Co., Ltd. (10)10.24
    
    First Amendment to the Securities Purchase Agreement, dated July 31, 2009, by and between Hanmi Financial Corporation
and Leading Investment & Securities Co., Ltd. (11)
 18




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EXHIBIT INDEX (Continued)
 ExhibitNumber
    
    Document10.25
    
    Amended and Restated Term Sheet, dated September 14, 2009, by and among Hanmi Financial Corporation, Leading Investment &
Securities Co., Ltd., and IWL Partners LLC (12)10.26
    
    Second Amendment to the Securities Purchase Agreement, dated September 28, 2009, by and between Hanmi Financial Corporation and
Leading Investment & Securities Co., Ltd. (13)10.27
    
    First Amendment to the Amended and Restated Term Sheet, dated September 28, 2009, by and between Hanmi Financial Corporation,
Leading Investment & Securities Co., Ltd., and IWL Partners, LLC (13)10.28
    
    Final Order, dated November 2, 2009, issued to Hanmi Bank by the California Department of Financial Institutions (14)10.29
    
    Written Agreement, dated November 2, 2009, by and between Hanmi Financial Corporation and Hanmi Bank, on one hand, and the
Federal Reserve Bank of San Francisco, on the other hand (14)14
    
    Code of Ethics (15)21
    
    Subsidiaries of the Registrant (9)23 *
    
    Consent of KPMG LLP31.1
    
    Certification of Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as
amended31.2
    
    Certification of Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as
amended32.1 *
    
    Certification of Chief Executive Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 200232.2 *
    
    Certification of Chief Financial Officer Pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002
 
 (1)
    
    Previously filed and incorporated by reference herein from Hanmi Financials Annual
Report on Form 10-K for the year ended December 31, 2008 filed with the SEC on March 13, 2009.(2)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Quarterly Report on Form 10-Q for the quarter ended June 30, 2009 filed with the SEC on August
11, 2009, as amended November 18, 2009.(3)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Registration Statement on Form S-3 filed with the SEC on February 4, 2010.(4)
    
    Previously filed and incorporated by reference herein from Hanmi Financial
Corporations Registration Statement on Form S-4 filed with the SEC on March 20, 2000.(5)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Quarterly Report on Form 10-Q for the quarter ended June 30, 2004 filed with the SEC on August
9, 2004.(6)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Quarterly Report on Form 10-Q for the quarter ended June 30, 2008 filed with the SEC on August
11, 2008.(7)
    
    Previously filed and incorporated by reference herein from Hanmi Financials Current
Report on Form 8-K filed with the SEC on June 26, 2007.(8)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Registration Statement on Form S-8 filed with the SEC on August 18, 2000.(9)
    
    Previously filed and incorporated by reference herein from Hanmi Financials Annual
Report on Form 10-K for the year ended December 31, 2007 filed with the SEC on February 29,
2008.(10)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Current Report on Form 8-K filed with the SEC on June 15, 2009.(11)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Current Report on Form 8-K filed with the SEC on August 3, 2009.(12)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Current Report on Form 8-K filed with the SEC on September 14, 2009.(13)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Current Report on Form 8-K filed with the SEC on October 2, 2009.(14)
    
    Previously filed and incorporated by reference herein from Hanmi Financials
Current Report on Form 8-K filed with the SEC on November 5, 2009.(15)
    
    Previously filed and incorporated by reference herein from Hanmi Financials Annual
Report on Form 10-K for the year ended December 31, 2004 filed with the SEC on March 16, 2005.*
    
    Previously filed and incorporated by reference herein from Hanmi Financials Annual
Report on Form 10-K for the year ended December 31, 2009 filed with the SEC on March 15, 2010.
    
    Constitutes a management contract or compensatory plan or arrangement. 19




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SIGNATURES
  HANMI FINANCIAL CORPORATIONBy:
    /s/ Jay S. YooJay S. YooPresident and Chief Executive OfficerDate:
    June 3, 2010 20