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<SEC-DOCUMENT>0000950148-08-000255.txt : 20080619
<SEC-HEADER>0000950148-08-000255.hdr.sgml : 20080619
<ACCEPTANCE-DATETIME>20080619172442
ACCESSION NUMBER:		0000950148-08-000255
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20080613
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080619
DATE AS OF CHANGE:		20080619

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HANMI FINANCIAL CORP
		CENTRAL INDEX KEY:			0001109242
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				954788120
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30421
		FILM NUMBER:		08908458

	BUSINESS ADDRESS:	
		STREET 1:		3660 WILSHIRE BLVD SUITE PH-A
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90010
		BUSINESS PHONE:		2133822200
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v41655e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>








<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549-1004</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the<BR>
Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>
Date of report (Date of earliest event reported): June&nbsp;13, 2008</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>Hanmi Financial Corporation</B>
</DIV>

<DIV align="center" style="font-size: 10pt">
(Exact Name of Registrant as Specified in Charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B><BR>
(State or Other Jurisdiction of <BR>
Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>000-30421</B><BR>
(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>95-4788120</B><BR>
(IRS Employer<BR>
Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>3660 Wilshire Boulevard <BR>
Los Angeles California</B><BR>
(Address of Principal Executive Offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><BR>
<B>90010</B><BR>
(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
Registrant&#146;s telephone number, including area code: <B>(213)&nbsp;382-2200</B></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<B>Not applicable</B><BR>

(Former name of former address, if changed since last report)</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check the appreciate 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 (see General
Instruction A.2. below):
</DIV>
<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
</TD>
</TR>
</TABLE>
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>











<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">








<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;5.02(e).</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Departure of Directors or Certain Officers, Election of Directors, Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.</B></TD>
</TR>
</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On June&nbsp;13, 2008, the Board of Directors of Hanmi Financial Corporation (&#147;Hanmi&#148;) appointed Mr.&nbsp;Jay
S. Yoo, age 61, to serve as the President and Chief Executive Officer of Hanmi and it wholly owned
subsidiary, Hanmi Bank, beginning on June&nbsp;23, 2008. Mr.&nbsp;Yoo
will replace Mr.&nbsp;Chung Hoon Youk, Hanmi&#146;s Interim Chief Executive Officer who also served Hanmi Bank as its Chief Credit Officer.</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Between 2001 and to 2007, Mr.&nbsp;Yoo served as Chairman, President and Chief Executive Officer of New
York based Woori America Bank, a subsidiary of Woori Bank</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Yoo will be employed for an initial term of two years ending on June&nbsp;23, 2010, with the
Bank&#146;s option to extend the terms of his employment for an additional three years. The material
terms of employment with Mr.&nbsp;Yoo are as follows: (1)&nbsp;annual base salary of $330,000 for the first
year and $340,000 for the second year , (2)&nbsp;annual cash incentive compensation not to exceed 75%
of base salary, with the actual amount based on the achievement of financial and other performance
objectives established by the Compensation Committee of Hanmi&#146;s Board of Directors, (3)&nbsp;stock
options to purchase a total 70,000 shares of Hanmi&#146;s common stock with vesting in two equal
annual installments of 50% granted pursuant to Hanmi&#146;s 2007 Equity Compensation Plan, (4)&nbsp;eligibility to participate in Hanmi&#146;s various employee benefit plans, including health insurance,
automobile and cellular telephone allowances, and vacation, and (5)&nbsp;access to golf club
membership. If Yoo&#146;s employment is terminated without cause,
Hanmi shall be liable to Mr.&nbsp;Yoo for six (6)&nbsp;months of Yoo&#146;s base salary or remaining term of the Agreement, whichever is shorter.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Yoo will also serve as a member of the Board of Directors of Hanmi and Hanmi Bank when his
employment commences on June&nbsp;23, 2008. Mr.&nbsp;Yoo will serve as a member of the Planning Committee
for Hanmi, and Compliance and Credit Management Committees of Hanmi Bank.</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Chung Hoon Youk, the Company&#146;s Interim Chief Executive Officer who also served Hanmi Bank as
its Chief Credit Officer retires on June&nbsp;23, 2008.</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">There are no transactions in which Mr.&nbsp;Yoo has an interest requiring disclosure under Item 404(a)
of Regulation&nbsp;S-K. A copy of the press release announcing Mr.&nbsp;Yoo&#146;s appointment is attached as
Exhibit&nbsp;99.1 to this Current Report on Form 8-K.</DIV>


<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits</B>.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press release of June&nbsp;13, 2008 announcing appointment of Mr.&nbsp;Jay S. Yoo</TD>
</TR>



</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">Date: June 19, 2008&nbsp;</TD>
    <TD colspan="3" align="left">Hanmi Financial Corporation<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">                        /s/ Chung Hoon Youk
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chung Hoon Youk&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Interim President and Chief
Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




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<TYPE>EX-99.1
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<FILENAME>v41655exv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit 99.1</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><IMG src="v41655v4165500.gif" alt="(HANMI BANK LOGO)">
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 18pt">
<FONT style="font-variant: SMALL-CAPS">Hanmi Financial Corp. Appoints </FONT><BR>

<FONT style="font-variant: SMALL-CAPS">Jay S. Yoo President and CEO</FONT></DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>LOS ANGELES &#151; June&nbsp;13, 2008 &#151; Hanmi Financial Corporation (Nasdaq: HAFC), </B>the holding
company of Hanmi Bank, announced that Jay S. Yoo has been appointed President and Chief Executive
Officer of Hanmi Financial Corporation and Hanmi Bank. Mr.&nbsp;Yoo, whose appointment is effective
June&nbsp;23, 2008, replaces Sung Won Sohn, who retired in December&nbsp;2007. Mr.&nbsp;Yoo will also serve on the
Boards of Directors of Hanmi Financial Corporation and Hanmi Bank.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Jay S. Yoo, 61, began his banking career in South Korea in 1970 and was most recently &#151; from 2001
to 2007 &#151; Chairman, President and CEO of New-York based Woori America Bank, a subsidiary of Woori
Bank, a South Korean bank with assets of approximately $225&nbsp;billion. He holds a B.A. in Business
Administration from Sogang University in Seoul, South Korea.</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;We are delighted that Mr.&nbsp;Yoo has accepted our invitation to lead Hanmi&#146;s senior management team,&#148; said Won R. Yoon, M.D., Hanmi&#146;s Chairman. &#147;He brings to Hanmi a breadth of experience in commercial
banking that will be invaluable as we address a variety of challenges facing Hanmi, not the least
of which are the need to improve credit quality and achieve a measure of stability in the Bank&#146;s
financial performance.</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;During his 37-year career in banking, almost half of which has been spent in the United States,
Mr.&nbsp;Yoo has demonstrated an impressive range of administrative and operational skills,&#148; added Dr.
Yoon. &#147;Equally important, he has acquired expertise in a number of key areas &#151; notably
underwriting and credit management, interstate banking, new product development, risk management
and internal control, and international trade finance &#151; that will be of great benefit to Hanmi and
its shareholders in the years ahead.&#148;</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><U>About Hanmi Financial Corporation:</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Headquartered in Los Angeles, Hanmi Bank, a wholly owned subsidiary of Hanmi Financial Corporation,
provides services to the multi-ethnic communities of California, with 25 full-service offices in
Los Angeles, Orange, San Francisco, Santa Clara and San Diego counties, and eight loan production
offices in California, Colorado, Georgia, Illinois, Texas, Virginia and Washington. Hanmi Bank
specializes in commercial, SBA and trade finance lending, and is a recognized community leader.
Hanmi Bank&#146;s mission is to provide a full range of quality products and premier services to its
customers and to maximize shareholder value. Additional information is available at
<U><I>www.hanmifinancial.com</I></U>.</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Contact:<BR>
Stephanie Yoon<BR>
Investor Relations<BR>
213-427-5631

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">#&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;#&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;#
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>




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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
