HANMI FINANCIAL CORP
For the period ended Mar 31, 2026. Filed May 8, 2026.
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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.
Mar 31, 2026 · Filed May 8, 2026
HAFC$32.68+0.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
(in thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income | $22,557 | $17,672 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 862 | 801 |
| Amortization of servicing assets - net | 612 | 668 |
| Share-based compensation expense | 707 | 873 |
| Credit loss expense | 2,892 | 2,721 |
| Gain on sales of other real estate owned | (850) | — |
| Gain on sales of SBA loans | (2,102) | (2,000) |
| Origination of loans held for sale | (62,542) | (35,420) |
| Proceeds from sales of loans | 67,749 | 45,007 |
| Gain on sales of residential mortgage loans | (485) | (175) |
| Change in bank-owned life insurance | 163 | (308) |
| Change in prepaid expenses and other assets | (211) | 1,157 |
| Change in income tax assets | 3,808 | 2,660 |
| Change in accrued interest payable and other liabilities | (9,283) | (7,298) |
| Net cash provided by operating activities | 23,877 | 26,358 |
| Cash flows from investing activities: | ||
| Purchases of securities available for sale | (35,715) | (32,466) |
| Proceeds from matured, called and repayment of securities | 76,846 | 45,141 |
| Purchases of loans | — | (34,301) |
| Purchases of premises and equipment | (499) | (263) |
| Proceeds from disposition of premises and equipment | — | 14 |
| Proceeds from sales of other real estate owned ("OREO") | 2,830 | — |
| Change in loans, excluding purchases and sales | 15,155 | (9,122) |
| Net cash provided by (used in) investing activities | 58,617 | (30,997) |
| Cash flows from financing activities: | ||
| Change in deposits | 122,972 | 183,699 |
| Change in open FHLB advances | — | (145,000) |
| Repayments of FHLB term advances | (150,000) | — |
| Cash paid for surrendered employee vested shares due to tax liability | (1,080) | (579) |
| Repurchase of common stock | (4,812) | (1,125) |
| Cash dividends paid | (8,370) | (8,153) |
| Net cash provided by (used in) financing activities | (41,290) | 28,842 |
| Net increase in cash and due from banks | 41,204 | 24,203 |
| Cash and due from banks at beginning of year | 212,841 | 304,800 |
| Cash and due from banks at end of period | $254,045 | $329,003 |
| Supplemental disclosures of cash flow information: | ||
| Interest paid | $43,140 | $49,343 |
| Income taxes paid | $336 | $550 |
| Non-cash activities: | ||
| Income tax benefit (expense) related to other comprehensive income items | $896 | $(4,256) |
| Right-of-use asset obtained in exchange for lease liability | $(3,722) | $(4,442) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.