XML 40 R26.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Condensed Financial Information of Parent Company | 12 Months Ended
--- | ---
Dec. 31, 2011
Condensed Financial Information of Parent Company [Abstract] |
CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY | NOTE 20 — CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY
BALANCE SHEETS |  | December 31, |
|  | 2011 |  |  | 2010 |
|  | (In Thousands) |
ASSETS |  |  |  |  |  |  |  |
Cash |  | $ | 31,706 |  |  | $ | 7,716 |
Securities Available for Sale |  |  | 595 |  |  |  | 774 |
Investment in Consolidated Subsidiaries |  |  | 344,129 |  |  |  | 251,808 |
Investment in Trust Preferred Securities |  |  | 2,475 |  |  |  | 2,475 |
Other Assets |  |  | — |  |  |  | 1,654 |
TOTAL ASSETS |  | $ | 378,905 |  |  | $ | 264,427 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |
Junior Subordinated Debentures |  | $ | 82,406 |  |  | $ | 82,406 |
Other Liabilities |  |  | 10,891 |  |  |  | 8,765 |
Stockholders’ Equity |  |  | 285,608 |  |  |  | 173,256 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |  | $ | 378,905 |  |  | $ | 264,427 |
STATEMENTS OF OPERATIONS |  | Year Ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  | (In Thousands) |
Equity in Earnings (Losses) of Subsidiaries |  | $ | 35,654 |  |  | $ | (82,705 | ) |  | $ | (118,340 | )
Other Expenses, Net |  |  | (7,507 | ) |  |  | (5,339 | ) |  |  | (6,057 | )
Income Tax Benefit |  |  | — |  |  |  | 35 |  |  |  | 2,120 |
NET INCOME (LOSS) |  | $ | 28,147 |  |  | $ | (88,009 | ) |  | $ | (122,277 | )
STATEMENTS OF CASH FLOWS |  | Year Ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  | (In Thousands) |
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |
Net Income (Loss) |  | $ | 28,147 |  |  | $ | (88,009 | ) |  | $ | (122,277 | )
Adjustments to Reconcile Net Income (Loss) to Net Cash (Used In) Provided By Operating Activities: |  |  |  |  |  |  |  |  |  |  |  |
(Income) Losses from Subsidiaries |  |  | (35,654 | ) |  |  | 82,705 |  |  |  | 118,340 |
Share-Based Compensation Expense |  |  | 608 |  |  |  | 1,013 |  |  |  | 906 |
Changes in Fair Value of Stock Warrants |  |  | (717 | ) |  |  | (362 | ) |  |  | — |
(Increase) Decrease in Other Assets |  |  | 1,833 |  |  |  | (116 | ) |  |  | 200 |
Increase in Other Liabilities |  |  | 2,664 |  |  |  | 2,706 |  |  |  | 3,311 |
Net Cash (Used In) Provided By Operating Activities |  |  | (3,119 | ) |  |  | (2,063 | ) |  |  | 480 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |
Payments to Hanmi Bank |  |  | (50,000 | ) |  |  | (110,000 | ) |  |  | (6,000 | )
Net Cash Used In Investing Activities |  |  | (50,000 | ) |  |  | (110,000 | ) |  |  | (6,000 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from Exercise of Stock Options and Stock Warrants |  |  | — |  |  |  | 22 |  |  |  | — |
Net Proceeds from Issuance of Common Stock in Offering |  |  | 77,109 |  |  |  | 116,271 |  |  |  | 6,839 |
Net Cash Provided By Financing Activities |  |  | 77,109 |  |  |  | 116,293 |  |  |  | 6,839 |
NET INCREASE IN CASH |  |  | 23,990 |  |  |  | 4,230 |  |  |  | 1,319 |
Cash at Beginning of Year |  |  | 7,716 |  |  |  | 3,486 |  |  |  | 2,167 |
CASH AT END OF YEAR |  | $ | 31,706 |  |  | $ | 7,716 |  |  | $ | 3,486 |

X
- Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 9 -Section 06 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 7 -Section 05 -Paragraph c Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24072-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6921628&loc=d3e5283-111683 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration