HANMI FINANCIAL CORP
For the period ended Mar 31, 2026. Filed May 8, 2026.
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Mar 31, 2026 · Filed May 8, 2026
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Loans, net of allowance for credit losses
Loans, net of allowance for credit losses, consisted of the following as of the dates indicated:
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| (in thousands) | ||
| Real estate loans: | ||
| Commercial property | ||
| Retail | $1,167,739 | $1,132,439 |
| Hospitality | 865,202 | 847,989 |
| Office | 486,537 | 503,268 |
| Other (1) | 1,464,915 | 1,532,667 |
| Total commercial property loans | 3,984,393 | 4,016,363 |
| Construction | 13,751 | 13,742 |
| Residential (2) | 1,002,223 | 1,049,872 |
| Total real estate loans | 5,000,367 | 5,079,977 |
| Commercial and industrial loans | 1,152,544 | 1,074,908 |
| Equipment financing agreements | 392,555 | 408,483 |
| Total loans | 6,545,466 | 6,563,368 |
| Allowance for credit losses | (70,468) | (69,903) |
| Total loans, net of allowance for credit losses | $6,474,998 | $6,493,465 |
(1)
Includes, among other property types, mixed-use, gas station, multifamily, industrial, and faith-based facilities; the remaining real estate categories represent less than 1% of the Bank's total loans.
(2)
Includes$0.9 million and$1.0 million of home equity loans and lines, and$5.6 million and$3.8 million of personal loans at March 31, 2026 and December 31, 2025, respectively.
Accrued interest on loans was$20.1 million and$20.7 million at March 31, 2026 and December 31, 2025, respectively.
At March 31, 2026 and December 31, 2025, loans with carrying values of$2.26 billion and$2.40 billion, respectively, were pledged to secure advances from the FHLB, and loans with carrying values of $515.7 million and $528.1 million, respectively, were pledged to the Federal Reserve Bank of San Francisco Discount Window.
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