HANMI FINANCIAL CORP
For the period ended Jun 30, 2026. Filed Aug 7, 2026.
View on SEC.govAbout this filing
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.
Jun 30, 2026 · Filed Aug 7, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Noninterest Income
The following table sets forth the various components of noninterest income for the periods indicated:
| Three Months Ended June 30, · Increase(Decrease) · Increase(Decrease) | ||||
|---|---|---|---|---|
| 2026 | 2025 | Amount | Percent | |
| (dollars in thousands) | ||||
| Service charges on deposit accounts | $2,102 | $2,169 | $(67) | (3.09)% |
| Trade finance and other service charges and fees | 1,902 | 1,461 | 441 | 30.18 |
| Servicing income | 955 | 754 | 201 | 26.66 |
| Bank-owned life insurance income | 799 | 708 | 91 | 12.85 |
| All other operating income | 915 | 819 | 96 | 11.72 |
| Service charges, fees & other | 6,673 | 5,911 | 762 | 12.89 |
| Gain on sale of SBA loans | 1,318 | 2,160 | (842) | (38.98) |
| Gain on sale of residential mortgage loans | 357 | — | 357 | — |
| Total noninterest income | $8,348 | $8,071 | $277 | 3.43% |
For the three months ended June 30, 2026, noninterest income was $8.3 million, an increase of $0.2 million compared with noninterest income of $8.1 million for the three months ended June 30, 2025. The increase was due to a $0.4 million increase in gain on the sale of residential mortgage loans, a $0.4 million increase in trade finance and other service charges and fees due to a higher balance of outstanding letters of credit, and a $0.2 million increase in loan servicing income because of a decline in prepayments. Partially offsetting these increases to noninterest income was a $0.8 million decline in gain on sales of SBA loans, due to a lower volume of loans sold.
During the three months ended June 30, 2026, the Company sold $20.9 million of SBA loans, recognizing a net gain of $1.3 million and trade premiums of 7.88%, compared with $35.4 million of SBA loans sold for a net gain of $2.2 million and trade premiums of 7.61% for the three months ended June 30, 2025. The Company sold $30.6 million of residential mortgage loans for a net gain of $0.4 million and trade premiums of 2.00% for the three months ended June 30, 2026. There were no residential loan sales for the three months ended June 30, 2025.
| Six Months Ended June 30, · Increase(Decrease) · Increase(Decrease) | ||||
|---|---|---|---|---|
| 2026 | 2025 | Amount | Percent | |
| (dollars in thousands) | ||||
| Service charges on deposit accounts | $4,229 | $4,387 | $(158) | (3.60)% |
| Trade finance and other service charges and fees | 3,403 | 2,858 | 545 | 19.07 |
| Servicing income | 1,825 | 1,486 | 339 | 22.81 |
| Bank-owned life insurance income | 1,409 | 1,017 | 392 | 38.54 |
| All other operating income | 1,758 | 1,712 | 46 | 2.69 |
| Service charges, fees & other | 12,624 | 11,460 | 1,164 | 10.16 |
| Gain on sale of SBA loans | 3,421 | 4,161 | (740) | (17.78) |
| Gain on sale of residential mortgage loans | 842 | 175 | 667 | 381.14 |
| Total noninterest income | $16,887 | $15,796 | $1,091 | 6.91% |
For the six months ended June 30, 2026, noninterest income was $16.9 million, an increase of $1.1 million compared with noninterest income of $15.8 million for the six months ended June 30, 2025. The increase was due to a $0.7 million increase in gain on the sale of residential mortgage loans due to a higher volume of loans sold, a $0.5 million increase in trade finance and other service charges and fees, a $0.4 million increase in bank-owned life insurance income due to higher death benefit proceeds, and a $0.3 million increase in loan servicing income because of lower prepayments. Partially offsetting these increases to noninterest income was a $0.7 million decline in gain on sales of SBA loans due to a lower volume of loans sold.
During the six months ended June 30, 2026, the Company sold $53.5 million of SBA loans, recognizing a net gain of $3.4 million and trade premiums of 7.89%, compared with $67.6 million of SBA loans sold for a net gain of $4.2 million and trade premiums of 7.71% for the six months ended June 30, 2025. The Company sold $62.3 million of residential mortgage loans for a net gain of $0.8 million and trade premiums of 2.25% for the six months ended June 30, 2026, compared with $10.0 million of residential mortgage loans sold for a net gain of $0.2 million and trade premiums of 2.50% for the six months ended June 30, 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.