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Hanmi’s Second Quarter Results Driven by Strong Loan Production and 20% Year-Over-Year Growth in Loans

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2016 Second Quarter Highlights: Net income of $14.1 million or $0.44 per diluted share Loans receivable of $3.45 billion, up 4.3% for the quarter, 8.4% year-to-date and 19.9% year-over-year New loan production of $265.2 million, up 27.0% from the prior quarter and up 27.5% from a year ago Noninterest-bearing deposits up 12.0% from a year ago Net interest margin of 4.02%, up 16 basis points from the prior quarter and 36 basis points from the same period last year after excluding acquisition accounting LOS ANGELES, July 19, 2016 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ:HAFC) (or “Hanmi”), the holding company for Hanmi Bank (the “Bank”), today reported second...

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