HANMI FINANCIAL CORP
For the period ended Sep 30, 2026. Filed Nov 6, 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.
Sep 30, 2026 · Filed Nov 6, 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)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income | $69,745 | $54,850 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 2,623 | 2,458 |
| Amortization of servicing assets, net | 1,734 | 1,873 |
| Share-based compensation expense | 2,569 | 2,699 |
| Credit loss expense | 8,608 | 12,496 |
| Loss on sale of securities | 135 | — |
| Gain on sale of other real estate owned (“OREO”) | (850) | — |
| Gain on sales of SBA loans | (5,705) | (6,018) |
| Gain on sale of residential mortgage loans | (1,121) | (1,331) |
| Origination of loans held for sale | (125,156) | (98,133) |
| Proceeds from sales of loans originated as held-for-sale | 123,117 | 108,040 |
| Recognition of debt issuance costs upon redemption of subordinated debt | 1,127 | — |
| Change in bank-owned life insurance | 338 | 786 |
| Change in prepaid expenses and other assets | (1,774) | (4,122) |
| Change in income tax assets | (9,046) | (611) |
| Change in accrued interest payable and other liabilities | (14,525) | 1,022 |
| Net cash provided by operating activities | 51,819 | 74,009 |
| Cash flows from investing activities: | ||
| Purchases of securities available for sale | (279,832) | (139,308) |
| Proceeds from the maturity, call, and repayment of securities | 217,199 | 169,533 |
| Proceeds from sale of securities available for sale | 44,546 | — |
| Purchases of loans | (17,316) | (47,624) |
| Proceeds from sales of loans transferred to held-for-sale | 50,108 | 79,758 |
| Purchases of premises and equipment | (2,625) | (1,392) |
| Proceeds from disposition of premises and equipment | 16 | 14 |
| Proceeds from sale of other real estate owned | 2,830 | 713 |
| Change in loans, excluding purchases and sales | (62,034) | (322,769) |
| Net cash used in investing activities | (47,108) | (261,075) |
| Cash flows from financing activities: | ||
| Change in deposits | 378,124 | 330,863 |
| Change in open FHLB advances | — | (225,000) |
| Proceeds from FHLB term advances | — | 50,000 |
| Repayments of FHLB term advances | (150,000) | (25,000) |
| Issuance of subordinated debentures | 54,094 | — |
| Redemption of subordinated debentures | (110,000) | — |
| Cash paid for vested employee shares surrendered for tax liability | (1,560) | (966) |
| Repurchase of common stock | (14,447) | (7,441) |
| Cash dividends paid | (25,187) | (24,536) |
| Net cash provided by financing activities | 131,024 | 97,920 |
| Net increase (decrease) in cash and due from banks | 135,735 | (89,146) |
| Cash and due from banks at beginning of year | 212,841 | 304,800 |
| Cash and due from banks at end of period | $348,576 | $215,654 |
| Supplemental disclosures of cash flow information: | ||
| Interest paid | $126,152 | $133,110 |
| Income taxes paid | $31,994 | $19,269 |
| Non-cash activities: | ||
| Transfer of loans to other real estate owned | $1,084 | $— |
| Transfer of loans to loans held for sale | $66,333 | $41,897 |
| Income tax benefit (expense) related to other comprehensive income items | $7,232 | $(8,952) |
| Right-of-use asset obtained in exchange for lease liability | $4,010 | $3,534 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.