Latest news with #BonnieLee
Business Upturn
5 days ago
- Business
- Business Upturn
Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia
DULUTH, Ga., June 05, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) ('Hanmi'), the holding company for Hanmi Bank, today welcomed local officials and community members to its grand opening celebration for its newest branch in Duluth, Georgia. Honored guests included Georgia State Representative Long Tran (Dist. 80), and Gwinnett County Commissioner Kirkland Carden. They were joined by several Hanmi Bank executives, including Bonnie Lee, President and CEO, Anthony Kim, Chief Banking Officer, and Cindy Yum, who serves as Branch Manager for the new Duluth location. The Duluth branch is Hanmi's first full-service branch in Georgia, located at 2330 Pleasant Hill Road, Suite 100 – less than 30 miles from Atlanta. Georgia continues to be a key hub for Korean business investment and expansion. In fiscal year 2023, Korean companies announced over $10 billion in new investments and the creation of more than 12,600 jobs across the state, according to the Office of the Governor. Total trade between Georgia and Korea reached $17.5 billion last year, underscoring the strength of this dynamic economic partnership. 'Our expansion in Georgia is an important step in our growth plans, and we're excited to be a part of this community,' said Bonnie Lee, President and Chief Executive Officer of Hanmi Financial Corporation. 'Duluth is a vibrant and diverse city that values business opportunity and community strength. We look forward to supporting local businesses and individuals, and contributing to the continued economic vitality of this region through our relationship-based banking model.' Hanmi Bank Duluth Branch offers a comprehensive range of personal and business banking services, including checking and savings accounts, commercial lending, SBA loans, and specialized financial solutions. Bank hours are Monday to Friday, 9:00 AM to 5:00 PM. About Hanmi Financial Corporation Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at ContactKelly McAndrewFinancial Profiles, Inc.310-622-8239 [email protected]
Yahoo
5 days ago
- Business
- Yahoo
Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia
Duluth Branch Grand Opening DULUTH, Ga., June 05, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) ('Hanmi'), the holding company for Hanmi Bank, today welcomed local officials and community members to its grand opening celebration for its newest branch in Duluth, Georgia. Honored guests included Georgia State Representative Long Tran (Dist. 80), and Gwinnett County Commissioner Kirkland Carden. They were joined by several Hanmi Bank executives, including Bonnie Lee, President and CEO, Anthony Kim, Chief Banking Officer, and Cindy Yum, who serves as Branch Manager for the new Duluth location. The Duluth branch is Hanmi's first full-service branch in Georgia, located at 2330 Pleasant Hill Road, Suite 100 – less than 30 miles from Atlanta. Georgia continues to be a key hub for Korean business investment and expansion. In fiscal year 2023, Korean companies announced over $10 billion in new investments and the creation of more than 12,600 jobs across the state, according to the Office of the Governor. Total trade between Georgia and Korea reached $17.5 billion last year, underscoring the strength of this dynamic economic partnership. 'Our expansion in Georgia is an important step in our growth plans, and we're excited to be a part of this community,' said Bonnie Lee, President and Chief Executive Officer of Hanmi Financial Corporation. 'Duluth is a vibrant and diverse city that values business opportunity and community strength. We look forward to supporting local businesses and individuals, and contributing to the continued economic vitality of this region through our relationship-based banking model.' Hanmi Bank Duluth Branch offers a comprehensive range of personal and business banking services, including checking and savings accounts, commercial lending, SBA loans, and specialized financial solutions. Bank hours are Monday to Friday, 9:00 AM to 5:00 PM. About Hanmi Financial CorporationHeadquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at ContactKelly McAndrewFinancial Profiles, Inc.310-622-8239kmcandrew@ Source: Hanmi Bank A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
10-05-2025
- Sport
- South China Morning Post
Hongkonger Bonnie Lee hoping to use new IOC role to inspire next generation to greatness
For Bonnie Lee Tin-sum, sport has always been about more than the physical. She sees it as having the power to bring people together, change society and teach life values. Advertisement Now, she hopes to use her position as one of the International Olympic Committee's (IOC) young leaders to 'plant the seeds' for the next generation, after learning first hand what having resources could mean. The 25-year-old Metro radio presenter does not have a particularly stellar sporting résumé, but she was chosen, along with 24 others, from 5,270 applicants to be a young leader for the next three years. 'My vision is to bring happiness and hope back to Hong Kong, especially for our youth,' Lee said. 'It still feels like a dream come true. Our city has faced many challenges in recent years, and I see sports can drive social change. I truly believe the best of Hong Kong is yet to come.' In her new-found role, Lee will be provided with expert guidance and coaching, access to sport and sport-for-development network, and seed funding of US$10,000 (HK$78,000) to turn her ideas into impactful and sustainable initiatives. Bonnie Lee previously spent some time working at the United Nations. Photo: Bonnie Lee 'It's a 10-day journey for 16 youths, aged 11 to 13, to hike a 178-kilometre trail in Hong Kong, filled with a set of mission-based mental challenges,' Lee said. 'The core idea is to target individuals who could greatly benefit from this growth opportunity.
Yahoo
10-04-2025
- Business
- Yahoo
Tax Day Countdown: Gather Up These Receipts for Doing Your Taxes
In case you forgot, Tax Day is April 15 this year — and it's quickly approaching. Gathering and saving receipts and tax documents is an important part of filing taxes and receiving your refund quickly. For You: Try This: Whether you take the standard deduction or itemize deductions, most people filing their 2024 taxes in 2025 will be happy they took the time to prepare when the IRS deadline rolls around. That includes gathering up important receipts from the previous year. The information below will help to make tax preparation less painful and ensure you take all of your eligible deductions. If you're not sure what receipts you need to prepare your tax return, consider seeking the help of a tax professional. They can help you evaluate your tax situation and identify the types of deductions you're entitled to take, and advise you as to what receipts you'll need to document expenses. Not only can turning your taxes over to a pro maximize your refund — it might even help you avoid overpaying in the first place. Whether you tackle your own taxes or leave them to a professional preparer, make sure you know how to save and organize your receipts — the last thing you want is to not have the documents you need to defend yourself during an IRS audit. Consider This: Self-employed individuals should consider using QuickBooks or similar accounting software, according to Bonnie Lee, an enrolled agent and owner of Taxpertise in Sonoma, California. 'The scope of an audit of a small business is reduced considerably when the auditor discovers that adequate books and records, checkbook reconciliation and all other bookkeeping tasks are being performed on professional software,' said Lee. Your recordkeeping system should include a summary of all your business transactions, the IRS notes. Receipts and other supporting documents provide evidence of those transactions. Keep your gross receipts because they show the income for your business, which you must include when you file your taxes. Gross receipts to save for taxes can include: Cash register tapes Deposit information Receipt books Invoices Forms 1099-MISC Don't forget to save your receipts for business purchases, which are things you buy and resell to consumers. Canceled checks or receipts that show the payee, amount and proof of payment Cash register tape receipts Credit card receipts and statements Invoices Your expenses are the costs of running your business, other than your purchases. Take some expert advice on what receipts to keep for business taxes. Sometimes canceled checks are not enough to support a deduction, according to Lee. 'A check made out to Costco is not proof of a business expense because you could be buying groceries and other personal items. Credit card charges for a business trip to Maui will smell like a vacation unless you can provide other documentation to support the business purpose. So be sure to keep the receipts, business conference flyers, etc., to defend business usage,' said Lee. Keep these expense receipts for taxes: Canceled checks Cash register tapes Account statements Credit card receipts and statements Petty cash slips Invoices Also keep all of your credit card receipts. They can help document your expenses. When you sell any business assets — such as the real estate, furniture or machinery you use — you'll need to keep the purchase and sales agreements as well as a copy of the receipt. You'll also need the purchase receipts if you use depreciation on your business assets as tax write-offs. Business owners aren't the only ones who should be keeping receipts. Many taxpayers qualify for tax deductions that could require proof in the form of a receipt. Keep these documents as well: Receipts for purchases that qualify for special tax benefits such as an educator expense deduction Supporting receipts and documents for eligible home improvement costs on real estate Receipts for eligible medical expenses and dental costs, such as out-of-pocket payments for doctors, hospital stays and prescriptions as well as spending associated with traveling to and from medical appointments, including parking and tolls Documentation showing tax-deductible donations of cash, checks and other monetary gifts, regardless of the amount Receipts for dependent care expenses if you're a working parent or incurred the expenses while looking for work Energy-saving home improvement receipts Receipts showing state and local sales tax you paid on purchases — if the sales tax exceeds your state income tax withholding or you live in a state with no personal income tax Receipts for qualified education expenses such as tuition, fees, books and supplies Whether you expect to pay taxes or get a refund, managing receipts for taxes doesn't need to be complicated. The key is knowing how to save receipts and file them in an orderly fashion. Maintain paperless records by scanning receipts, or use an app like Expensify to photograph them with your smartphone and sort them into categories. Doing this will simplify the process of calculating deductions and tax credits when you fill out your income tax return. Just make sure you're able to print the receipts for your tax preparer or, in the event of an audit, the IRS. Alternatively, save your receipts in boxes or files if you prefer a more traditional route. You can also find a ready-made receipt organizer to keep paper receipts safe and organized. No matter which tax receipt organization style suits you, arrange your documents by year and category. You should save general tax records for at least three years, according to Josh Zimmelman, owner of Westwood Tax & Consulting LLC in Rockville Centre, New York. 'The IRS has three years to ask for an audit,' said Zimmelman. 'But they can ask for records up to six years after filing if you failed to report 25% or more of your gross income.' Another expert, Deltrease Hart-Anderson, an enrolled agent in West Columbia, S.C., gave an alternative perspective. 'I tell both business and individual clients to save receipts for at least 10 years, but I add a disclaimer: If you have room, save them forever,' said Hart-Anderson. The IRS can audit an indefinite number of years of your tax returns if feels that you've filed a fraudulent tax return. Receipts can help you maximize your refund, or at least minimize your tax burden. But when it comes to collecting and keeping tax records and receipts, the guidance of a tax professional or financial advisor remains the safest bet. Not only will you receive advice best suited for your tax situation, but you can also stay focused on the arduous but profitable task of receipt record maintenance. Daria Uhlig and Will Healy contributed to the reporting for this article. More From GOBankingRates 6 Used Luxury SUVs That Are a Good Investment for Retirees5 Cities You Need To Consider If You're Retiring in 20257 Overpriced Grocery Items Frugal People Should Quit Buying in 202510 Cars That Outlast the Average Vehicle This article originally appeared on Tax Day Countdown: Gather Up These Receipts for Doing Your Taxes Sign in to access your portfolio
Associated Press
28-01-2025
- Business
- Associated Press
Hanmi Financial Increases Cash Dividend 8% to $0.27 per share
LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or 'Hanmi'), the parent company of Hanmi Bank (the 'Bank'), today announced that its Board of Directors declared a cash dividend on its common stock for the 2025 first quarter of $0.27 per share, up 8% from the prior quarter. The dividend will be paid on February 26, 2025, to stockholders of record as of the close of business on February 10, 2025. 'Following another quarter of successful execution across our business, Hanmi is well positioned for continued success in 2025,' said Bonnie Lee, President and Chief Executive Officer. 'The increase in our dividend reflects the Board's confidence in Hanmi's financial strength, relationship-driven banking model, and commitment to creating shareholder value.' About Hanmi Financial Corporation Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 31 full-service branches and eight loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at Forward-Looking Statements This press release contains forward-looking statements, which are included in accordance with the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are 'forward–looking statements' for purposes of federal and state securities laws, including, but not limited to, statements about our anticipated future operating and financial performance, financial position and liquidity, business strategies, regulatory and competitive outlook, investment and expenditure plans, capital and financing needs and availability, plans and objectives of management for future operations, developments regarding our capital and strategic plans, and other similar forecasts and statements of expectation and statements of assumption underlying any of the foregoing. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'will,' 'should,' 'could,' 'expects,' 'plans,' 'intends,' 'anticipates,' 'believes,' 'estimates,' 'predicts,' 'potential,' or 'continue,' or the negative of such terms and other comparable terminology. Although we believe that our forward-looking statements to be reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statements. These factors include the following: a failure to maintain adequate levels of capital and liquidity to support our operations; general economic and business conditions internationally, nationally and in those areas in which we operate, including any potential recessionary conditions; volatility and deterioration in the credit and equity markets; changes in consumer spending, borrowing and savings habits; availability of capital from private and government sources; demographic changes; competition for loans and deposits and failure to attract or retain loans and deposits; inflation and fluctuations in interest rates that reduce our margins and yields, the fair value of financial instruments, the level of loan originations or prepayments on loans we have made and make, the level of loan sales and the cost we pay to retain and attract deposits and secure other types of funding; our ability to enter new markets successfully and capitalize on growth opportunities; the current or anticipated impact of military conflict, terrorism or other geopolitical events; the effect of potential future supervisory action against us or Hanmi Bank and our ability to address any issues raised in our regulatory exams; risks of natural disasters; legal proceedings and litigation brought against us; a failure in or breach of our operational or security systems or infrastructure, including cyberattacks; the failure to maintain current technologies; risks associated with Small Business Administration loans; failure to attract or retain key employees; our ability to access cost-effective funding; the imposition of tariffs or other domestic or international governmental polices impacting the value of the products of our borrowers; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; fluctuations in real estate values; changes in accounting policies and practices; changes in governmental regulation, including, but not limited to, any increase in FDIC insurance premiums and changes in the monetary policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System; the ability of Hanmi Bank to make distributions to Hanmi Financial Corporation, which is restricted by certain factors, including Hanmi Bank's retained earnings, net income, prior distributions made, and certain other financial tests; strategic transactions we may enter into; the adequacy of and changes in the methodology for computing our allowance for credit losses; our credit quality and the effect of credit quality on our credit losses expense and allowance for credit losses; changes in the financial performance and/or condition of our borrowers and the ability of our borrowers to perform under the terms of their loans and other terms of credit agreements; our ability to control expenses; and cyber security and fraud risks against our information technology and those of our third-party providers and vendors. In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission, including, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023, our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that we will file hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law. Investor Contacts: Romolo (Ron) Santarosa 213-427-5636 Lisa Fortuna Investor Relations Financial Profiles, Inc. 310-622-8251 Source: Hanmi Bank
