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HAFC > SEC Filings for HAFC > Form 8-K on 11-May-2009All Recent SEC Filings

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Form 8-K for HANMI FINANCIAL CORP


11-May-2009

Other Events


Item 8.01 Other Events.
On May 11, 2009, Hanmi Financial Corporation filed with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009 ("10-Q"). The financial results for the quarter ended March 31, 2009 contained within the 10-Q reflect an increase in non-accrual loans of $24.2 million from the preliminary amount of non-accrual loans on our quarterly earnings press release issued on April 28, 2009 ("Press Release"). In our Press Release, our non-accrual loans did not include one particular $24.2 million loan, which had been restructured and reported as a non-accrual loan as of December 31, 2008. Following the date of our Press Release, we decided to return this loan back to the non-accrual loan category. The increase in non-accrual loans impacts total non-performing loans and ratios related to non-performing loans, as set forth in the 10-Q. This increase did not have any impact on other items on the consolidated balance sheets or the consolidated statements of operations announced in the Press Release.


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