Hanmi Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Hanmi Bank in Los Angeles, California (CA)
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Hanmi Bank - Overview

  • General
  • FDIC Certificate #: 24170
    Status: Active
    Federal Reserve ID: 657365
    Bank Holding Company (Regulatory Top Holder): Hanmi Financial Corporation (RSSDID: 2900261, Location: Los Angeles, CA)
    Date Established: December 15, 1982
    WWW: http://www.hanmi.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 28 (Domestic: 28, Interstate: No)
    FDIC's unique #: 16829
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 15, 1982
    Last Structure Change Effective Date: October 01, 2009
    Last Structure Change Process Date: April 01, 2010
    Last Data Update: April 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 3660 Wilshire Boulevard, Suite A, Los Angeles, CA 90010
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
    Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49)
    Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348)
    Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100)
    CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100)
    Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
  • Financial Summary
  • Total assets: $2,739.6 mil
    Equity capital: $342.0 mil
    Deposits held in domestic offices: $2,377.7 mil
    Return on assets (ROA): 1.28% ($35.1 mil)
    Quarterly return on assets: 1.06% ($29.0 mil)
    Return on Equity (ROE): 12.59% ($43.1 mil)
    Quarterly return on equity: 9.14% ($31.3 mil)
    Net income: $35.7 mil
    Quarterly Net income: $7.2 mil
    Pretax return on assets: 1.31% ($35,888.4 mil)
    Quarterly Pretax return on assets: 1.06% ($29,039.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 437Total employees (full-time equivalent)
  • $2,739,569Total assets
  • $183,250Cash and due from depository institutions
  • $101,101Interest-bearing balances
  • $441,009Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,006,607Net loans & leases
  • $89,936Loan loss allowance
  • $0Trading account assets
  • $16,194Bank premises and fixed assets
  • $180Other real estate owned
  • $3,754Goodwill and other intangibles
  • $2,739,569Life insurance assets
  • $88,575All other assets
  • $2,397,546Total liabilities and capital
  • $2,377,665Total liabilities
  • $1,710,444Total deposits
  • $2,377,665Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,303Trading liabilities
  • $0Other borrowed funds
  • $16,578Subordinated debt
  • $342,023All other liabilities
  • $342,023Total equity capital
  • $342,023Total bank equity capital
  • $0Perpetual preferred stock
  • $14Common stock
  • $557,082Surplus
  • $-215,073Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $22,587Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $67,400Income earned, not collected on loans
  • $12,675Earning assets
  • $7,829Long-term assets (5+ years)
  • $2,548,717Average Assets, year-to-date
  • $454,981Average Assets, quarterly
  • $2,780,037Volatile liabilities
  • $2,710,539Insider loans
  • $2,072,435FHLB advances
  • $2,698,109Loans and leases held for sale
  • $28,289Unused loan commitments
  • $28,289Tier 1 (core) risk-based capital
  • $337,308Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $168,037Restructured Loans and leases
  • $99Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $129,277Total interest income
  • $24,715Total interest expense
  • $104,562Net interest income
  • $12,536Provision for loan and lease losses
  • $15,997Total noninterest income
  • $0Fiduciary activities
  • $12,504Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,493Additional noninterest income
  • $73,206Total noninterest expense
  • $33,340Salaries and employee benefits
  • $10,132Premises and equipment expense
  • $29,734Additional noninterest expense
  • $34,817Pre-tax net operating income
  • $1,635Securities gains (losses)
  • $733Applicable income taxes
  • $35,719Income before extraordinary items
  • $0Extraordinary gains - net
  • $35,719Net income attributable to bank
  • $0Net charge-offs
  • $35,719Cash dividends
  • $68,659Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 1.23%Net operating income to assets
  • 1.28%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 12.59%Return on equity (ROE)
  • 12.59%Retained earnings to average equity (YTD only)
  • 3.21%Net charge-offs to loans
  • 18.26%Credit loss provision to net charge-offs
  • 0.69%Efficiency ratio
  • 60,377Assets per employee
  • 6.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.29%Loss allowance to noncurrent loans
  • 133.44%Noncurrent assets plus other real estate owned to assets
  • 2.47%Noncurrent loans to loans
  • 3.21%Net loans and leases to deposits
  • 84.39%Net loans and leases to core deposits
  • 98.54%Equity capital to assets
  • 12.48%Core capital (leverage) ratio
  • 12.50%Tier 1 risk-based capital ratio
  • 16.28%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $2,780,037Average earning assets
  • $283,652Average equity
  • $2,597,378Average loans

List of branches

  • 28 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016829Hanmi Bank3660 Wilshire Boulevard, Suite A, Los Angeles, CA 90010December 15, 1982Full Service Brick and Mortar
    2257002Downtown-Los Angeles Branch950 South Los Angeles Street, Los Angeles, CA 90015April 10, 1986Full Service Brick and Mortar
    3257003Garden Grove-Brookhurst Branch9820 Garden Grove Boulevard, Garden Grove, CA 92844June 20, 1989Full Service Brick and Mortar
    4257004Olympic Branch3737 Olympic Boulevard, Los Angeles, CA 90010January 16, 1990Full Service Brick and Mortar
    5257005Western Branch120 South Western Ave, Los Angeles, CA 90004March 28, 1991Full Service Brick and Mortar
    6257006Cerritos-Artesia Branch11754 East Artesia Boulevard, Artesia, CA 90701October 01, 1998Full Service Brick and Mortar
    7257007Rowland Heights Branch18720 East Colima Road, Rowland Heights, CA 91748October 01, 1998Full Service Brick and Mortar
    844930Koreatown Galleria Branch3250 W. Olympic Blvd. #200, Los Angeles, CA 90006January 01, 1978Full Service Brick and Mortar
    11356855San Diego Branch4637 Convoy Branch, San Diego, CA 92111April 12, 2000Full Service Brick and Mortar
    12361520Gardena Branch2001 W. Redondo Beach Blvd., Gardena, CA 90247December 15, 2000Full Service Brick and Mortar
    13364522Irvine Branch14474 Culver Dr. #d, Irvine, CA 92604September 17, 2001Full Service Brick and Mortar
    14366284Silicon Valley Branch2765 El Camino Real, Santa Clara, CA 95051Febuary 11, 2003Full Service Brick and Mortar
    15419864Torrance-Crenshaw Branch2370 Crenshaw Blvd., #h & I, Torrance, CA 90501October 22, 2002Full Service Brick and Mortar
    17253445Olympic-Kingsley Branch3099 West Olympic Boulevard, Los Angeles, CA 90006September 15, 1977Full Service Brick and Mortar
    18253448Garden Grove-Magnolia Branch9122 Garden Grove Boulevard, Garden Grove, CA 92844March 04, 1982Full Service Brick and Mortar
    19253449Vermont Branch933 South Vermont Avenue, Los Angeles, CA 90006March 06, 1985Full Service Brick and Mortar
    20253451San Francisco Branch1491 Webster St., San Francisco, CA 94115April 20, 1987Full Service Brick and Mortar
    21253452Koreatown Plaza Branch928 South Western Avenue, Los Angeles, CA 90006May 16, 1988Full Service Brick and Mortar
    22253453Van Nuys Branch14427 Sherman Way, Van Nuys, CA 91405April 27, 1989Full Service Brick and Mortar
    24253458Sba Department3327 Wilshire Boulevard, Los Angeles, CA 90010November 04, 1991Limited Service Loan Production
    26253460Cerritos-South Branch11900 South Street, Suite 109, Cerritos, CA 90703October 26, 1998Full Service Brick and Mortar
    27358797Torrance-Del Amo Mall Branch21838 Hawthorne Boulevard, Torrance, CA 90503November 06, 2000Full Service Brick and Mortar
    29429765Fashion District Branch726 E. 12th Street, #211, Los Angeles, CA 90021December 04, 2003Full Service Brick and Mortar
    30462311Fullerton-Beach Branch5245 Beach Boulevard, Buena Park, CA 90621March 15, 2007Full Service Brick and Mortar
    31479310Rancho Cucamonga Branch9759 Baseline Rd., Rancho Cucamonga, CA 91730August 16, 2007Full Service Brick and Mortar
    32479311Beverly Hills Branch9300 Wilshire Blvd., Suite 101, Beverly Hills, CA 90212Febuary 19, 2008Full Service Brick and Mortar
    33493604Northridge Branch10180 Reseda Blvd., Northridge, CA 91324July 28, 2008Full Service Brick and Mortar
    34493857Diamond Bar Branch1101 Brea Canyon #a-1, City Of Industry, CA 91789Febuary 26, 2009Full Service Brick and Mortar

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