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Stock impact report

Hanmi Financial Corporation Announces Agreement to Acquire SWNB Bancorp, Inc.

Hanmi Financial Corporation (HAFC) 
Last hanmi financial corporation earnings: 4/30 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: hanmi.com
Company Research Source: GlobeNewswire
LOS ANGELES and HOUSTON, May 21, 2018 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ:HAFC) (“Hanmi”), the holding company for Hanmi Bank, and SWNB Bancorp, Inc. (“SWNB”), a privately-held bank holding company for Southwestern National Bank, headquartered in Houston, Texas, today announced that they had entered into a definitive agreement under which Hanmi will acquire SWNB. The acquisition is expected to expand Hanmi’s market share and scale in key markets in Texas through SWNB’s retail branch network strategically located in large Asian-American focused communities.  Southwestern National Bank As of March 31, 2018, SWNB had approximately $411 million in total assets, $261 million in loans, $347 million in deposits and six retail banking branches located in large banking markets of H Show less Read more
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