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Hanmi Bank in Los Angeles, with a single office in San Diego, said it had to restate its first-quarter results because of a rece


Hanmi Bank in Los Angeles, with a single office in San Diego, said it had to restate its first-quarter results because of a recent examination, which increased the net loss to $17.2 million from the earlier loss of $5.2 million. Hanmi is raising $11 million in new capital from a South Korean securities broker-dealer in a transaction that should be completed by September.

Send any finance news of local institutions to Mike Allen via e-mail at mallen@sdbj.com. He can be reached at 858-277-6359.

COPYRIGHT 2009 CBJ, L.P. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2009 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.

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