The Hanmi Bank is an American community bank that focuses on the Korean-American community. It encompasses most of California and as of 2008 it owned and operated approximately twenty-two branches. Hanmi Bank, which offers both personal and business financial services, is a wholly owned subsidiary of Hanmi Financial Corporation, Inc. The bank was established in 1982 and expanded very quickly after its inception. Five years after opening its doors the Hanmi Bank conducted its IPO and is listed on NASDAQ.