Hanmi Financial (HAFC) 10-Q2001 Q2 Quarterly report

Filed: 14 Aug 01, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: accomplished, assembled, bay, bottom, canceled, CLFC, Click, collateral, concentration, consulting, criteria, cycle, determine, determining, documentUNITED, duration, environment, estimated, evaluate, evaluation, expansionary, extent, FDIC, floating, fully, goodwill, grouped, headquarter, identified, impaired, impairment, important, indefinite, Index, inflation, initial, initiated, July, legal, life, local, longer, make, maximize, medical, method, methodology, mind, minimal, mitigated, monetary, narrowed, NASDAQ, navigate, negative, negotiation, OTC, pool, principle, printing, producing, production, property, rapid, rapidly, reaching, requested, residual, rose, sector, separately, shift, side, slide, spite, stable, strategy, strength, supported, surprisingly, test, unchanged, underlying, unemployment, unilaterally, utilization, widened, workforce

Removed: approval, averaged, bond, decline, economy, expected, government, greater, growing, number, shareholder

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

HAFC similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

QuickLinks -- Click here to rapidly navigate through this document

Exhibit 99.1

California Center Bank Terminates Letter of Intent

LOS ANGELES—(BUSINESS WIRE)—June 22, 2001—Hanmi Financial Corporation (Nasdaq: HAFC) of Los Angeles announced that California Center Bank (OTC: CLFC) of Los Angeles has notified Hanmi Financial Corporation that it has terminated the letter of intent dated May 3, 2001, in which California Center Bank ("CCB") was to be acquired by Hanmi Financial Corporation.

The termination notice was received after Hanmi Financial Corporation proposed certain modifications to the initial terms of the letter of intent based on its due diligence of CCB and after Hanmi Financial Corporation advised CCB of Hanmi Financial Corporation's willingness to continue negotiation. Prior to receipt of the termination notice, Hanmi Financial Corporation requested a meeting with representatives of CCB to discuss the proposed modifications, but CCB refused.

Hanmi Financial Corporation was formed in May 2000 as the holding company for Hanmi Bank. Hanmi Bank has been conducting business since 1982 and is a community bank operating through 11 full-service branch offices located in Los Angeles, Orange and San Diego Counties.

CONTACT:

Hanmi Financial Corporation, Los Angeles
Chung Hoon Youk or Yong Ku Choe, 213/382-2200

QuickLinks

Exhibit 99.1

California Center Bank Terminates Letter of Intent

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.