HANMI FINANCIAL CORP
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
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Loans Receivable
As of September 30, 2025 and December 31, 2024, loans receivable (excluding loans held for sale), net of deferred loan fees and costs, discounts and allowance for credit losses, were $6.46 billion and $6.18 billion, respectively. The increase of $277.2 million was primarily due to $1.2 billion in new loan production, offset partially by $565.2 million in loan sales and payoffs, and amortization and other reductions of $403.8 million. Loan production consisted of commercial real estate loans of $435.4 million, residential mortgages of $242.0 million, commercial and industrial loans of $307.2 million, equipment financing agreements of $114.6 million and SBA loans of $147.0 million.
The table below shows the maturity distribution of outstanding loans, before the allowance for credit losses as of September 30, 2025. In addition, the table shows the distribution of such loans between those with variable interest rates (including floating, adjustable and hybrids) and those with fixed or predetermined interest rates.
| Within OneYear | After OneYear butWithinThreeYears | After ThreeYears butWithinFiveYears | After FiveYears butWithinFifteenYears | AfterFifteenYears | Total | |
|---|---|---|---|---|---|---|
| (in thousands) | ||||||
| Real estate loans: | ||||||
| Commercial property | ||||||
| Retail | $208,230 | $309,137 | $379,195 | $130,105 | $79,771 | $1,106,438 |
| Hospitality | 101,258 | 363,384 | 305,621 | 37,066 | 15,704 | 823,033 |
| Office | 236,575 | 237,840 | 38,994 | 9,872 | 9,750 | 533,031 |
| Other | 404,455 | 463,826 | 480,404 | 94,506 | 39,635 | 1,482,826 |
| Total commercial property loans | 950,518 | 1,374,187 | 1,204,214 | 271,549 | 144,860 | 3,945,328 |
| Construction | 65,966 | 3,997 | — | — | — | 69,963 |
| Residential | 6,670 | — | 268 | 5,966 | 1,030,673 | 1,043,577 |
| Total real estate loans | 1,023,154 | 1,378,184 | 1,204,482 | 277,515 | 1,175,533 | 5,058,868 |
| Commercial and industrial loans | 419,830 | 198,565 | 221,073 | 213,054 | — | 1,052,522 |
| Equipment financing agreements | 33,321 | 211,303 | 158,873 | 13,372 | — | 416,869 |
| Loans receivable | $1,476,305 | $1,788,052 | $1,584,428 | $503,941 | $1,175,533 | $6,528,259 |
| Loans with predetermined interest rates | 848,350 | 1,092,873 | 577,714 | 25,119 | 267,671 | 2,811,727 |
| Loans with variable interest rates | 627,955 | 695,179 | 1,006,714 | 478,822 | 907,862 | 3,716,532 |
The table below shows the maturity distribution of outstanding loans, before the allowance for credit losses, with fixed or predetermined interest rates, as of September 30, 2025.
| Within OneYear | After OneYear butWithin ThreeYears | After ThreeYears butWithin FiveYears | After FiveYears butWithinFifteenYears | AfterFifteenYears | Total | |
|---|---|---|---|---|---|---|
| (in thousands) | ||||||
| Real estate loans: | ||||||
| Commercial property | ||||||
| Retail | $181,687 | $212,149 | $176,651 | $101 | $472 | $571,060 |
| Hospitality | 88,863 | 218,899 | 42,324 | — | 399 | 350,485 |
| Office | 117,904 | 199,184 | 15,893 | — | — | 332,981 |
| Other | 287,508 | 248,388 | 169,878 | 5,519 | 3,206 | 714,499 |
| Total commercial property loans | 675,962 | 878,620 | 404,746 | 5,620 | 4,077 | 1,969,025 |
| Construction | — | — | — | — | — | — |
| Residential | 1,445 | — | 10 | 2,789 | 263,594 | 267,838 |
| Total real estate loans | 677,407 | 878,620 | 404,756 | 8,409 | 267,671 | 2,236,863 |
| Commercial and industrial loans | 137,622 | 2,950 | 14,085 | 3,338 | — | 157,995 |
| Equipment financing agreements | 33,321 | 211,303 | 158,873 | 13,372 | — | 416,869 |
| Loans receivable | $848,350 | $1,092,873 | $577,714 | $25,119 | $267,671 | $2,811,727 |
The table below shows the maturity distribution of outstanding loans, before the allowance for credit losses, with variable interest rates (including floating, adjustable and hybrids), as of September 30, 2025.
| Within OneYear | After OneYear butWithin ThreeYears | After ThreeYears butWithin FiveYears | After FiveYears butWithinFifteenYears | AfterFifteenYears | Total | |
|---|---|---|---|---|---|---|
| (in thousands) | ||||||
| Real estate loans: | ||||||
| Commercial property | ||||||
| Retail | $26,543 | $96,988 | $202,544 | $130,004 | $79,299 | $535,378 |
| Hospitality | 12,395 | 144,485 | 263,297 | 37,067 | 15,305 | 472,549 |
| Office | 118,670 | 38,656 | 23,101 | 9,872 | 9,751 | 200,050 |
| Other | 116,947 | 215,438 | 310,526 | 88,987 | 36,428 | 768,326 |
| Total commercial property loans | 274,555 | 495,567 | 799,468 | 265,930 | 140,783 | 1,976,303 |
| Construction | 65,966 | 3,997 | — | — | — | 69,963 |
| Residential | 5,226 | — | 258 | 3,176 | 767,079 | 775,739 |
| Total real estate loans | 345,747 | 499,564 | 799,726 | 269,106 | 907,862 | 2,822,005 |
| Commercial and industrial loans | 282,208 | 195,615 | 206,988 | 209,716 | — | 894,527 |
| Loans receivable | $627,955 | $695,179 | $1,006,714 | $478,822 | $907,862 | $3,716,532 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.