Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type


HOPE BANCORP   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2021202020192018201720162015201420132012
Period End Date12/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/2012
Interest and fees on loans528.17554.97627.67594.10529.76392.13291.34283.82266.68250.58
Interest on other investments, including time certificate of deposits with other financial institutions--------------------
Interest on securities35.4939.3646.3045.3436.9225.4418.6116.0814.6616.48
Interest on interest rate swaps--------------------
Interest on federal funds sold and other investments2.874.5510.8210.735.434.373.712.761.730.82
Total Interest Income566.53598.88684.79650.17572.10421.93313.66302.66283.07267.89
Interest on deposits42.01110.37190.16134.9674.9048.0933.4129.1823.3221.35
Interest expense--------------------
Interest on FHLB borrowings2.566.8712.0315.1310.717.565.655.254.906.23
Interest on other borrowings9.1914.1516.0012.165.122.931.561.641.802.06
Total Interest Expense53.76131.38218.19162.2590.7258.5840.6236.0630.0229.65
Net Interest Income512.77467.50466.60487.93481.38363.36273.04266.60253.06238.24
Provision for loan losses(12.20)95.007.3014.9017.369.008.0012.6420.0019.10
Net interest income after provision for loan losses524.97372.50459.30473.03464.02354.36265.04253.96233.06219.13
International service fees3.593.143.934.374.493.693.453.934.925.04
Loan servicing fees, net3.372.812.324.705.433.523.143.233.964.11
Wire transfer fees3.523.584.564.935.064.333.633.573.583.25
Loan referral income--------------------
Other income and fees11.5111.8612.8214.8514.8111.707.916.605.805.46
Service charges on deposit accounts7.2812.4417.9318.5520.6215.9612.2113.6912.8412.47
Net gains on sales of securities available for sale--7.530.28--0.300.950.42--0.050.95
Other than temporary impairment on securities--------------------
Gain on interest rate swaps1.464.073.360.58----------0.04
Net gains on sales of SBA loans8.45----9.7112.778.7512.6713.1711.528.18
Net gains on sales of other loans4.448.004.492.492.932.920.27--0.060.15
Gain on sales of premises and equipment--------------------
Gain on sales of other real estate owned------------------(0.25)
Amortization of negative goodwill--------------------
Total Non Interest Income43.5953.4349.6860.1866.4251.8243.6944.1942.7239.39
Salaries and employee benefits175.15162.92161.17153.52144.67107.9484.9075.7066.8156.49
Advertising and marketing8.716.289.159.4110.287.325.095.435.185.08
Occupancy28.9028.9230.7430.3728.5924.5719.3919.1317.6815.63
FDIC assessment5.115.543.886.575.174.174.094.353.312.44
OREO (income) expense1.643.87(0.93)0.193.102.491.523.273.03--
Merger-Related Expenses--------1.7816.911.540.325.163.81
Software impairment2.15------------------
Furniture and Equipment18.0817.5515.5814.9014.6411.739.258.136.815.66
Other15.6015.1315.4715.6416.7914.839.4812.0814.9912.06
Communications--------------8.90----
Professional fees12.178.1722.5316.2914.956.565.595.885.193.88
Data processing expense10.339.3410.7814.2312.1811.409.18--7.606.36
Change in discount on cash surrender value of life insurance--------------------
Office supplies and forms--------------------
FHLB prepayment fee--3.58----------------
Credit related expenses4.406.824.982.860.582.951.926.885.879.01
Prepayment charge on retirement of debt------------------0.46
Loss on investments in affordable housing partnerships11.0713.159.2912.0713.864.101.441.56----
Branch restructuring costs--2.37--1.67------------
Total non interest expense293.29283.64282.63277.73266.60214.98153.38151.62141.62120.89
Income Before Income Taxes275.27142.29226.35255.48263.83191.20155.35146.52134.15137.63
Current:Federal28.3828.2831.9735.4064.9150.78------35.29
Current:State22.6920.4921.8127.7524.7420.92------7.26
Deferred:Federal12.60(11.08)0.872.3431.464.20------5.58
Deferred:State7.03(6.92)0.660.413.281.55------6.29
Income taxes70.7030.7855.3165.89124.3977.4563.0957.9152.4054.41
Income before cumulative effect of a change in accounting principle--------------------
Cumulative effect of change in accounting principle--------------------
Consolidated Net Income (Loss)204.57111.52171.04189.59139.45113.7592.2688.6281.7683.22
Dividends and Discount Accretion on Preferred Stock------------------5.64
Net Income(Loss) Available to Shareholders204.57111.52171.04189.59139.45113.7592.2688.6281.7677.58
Income before cumulative effect of a change in accounting principle:Basic--------------------
Cumulative effect of a change in accounting principle:Basic--------------------
EARNINGS PER SHARE:Basic1.670.901.351.441.031.101.161.111.030.99
Income before cumulative effect of a change in accounting principle:Diluted--------------------
Cumulative effect of a change in accounting principle:Diluted--------------------
EARNINGS PER SHARE:Diluted1.660.901.351.441.031.101.161.111.030.99
Weighted Average Shares Outstanding (Basic)122.32123.50126.60131.72135.35103.2979.5579.4979.0478.01
Weighted Average Shares Outstanding (Diluted)123.13123.89126.88131.95135.69103.5379.6179.6179.2678.09