Hanmi Financial Corporation Quarterly report pursuant to Section 13 or 15(d)

Off-Balance Sheet Commitments (Tables)

3 Months Ended

Mar. 31, 2017

The following table shows the distribution of undisbursed loan commitments as of the dates indicated:



	March 31, 2017		December 31, 2016
	(in thousands)
Commitments to extend credit	$	330,906	$	310,987
Standby letters of credit	20,555		15,669
Commercial letters of credit	7,827		4,215
Total undisbursed loan commitments	$	359,288	$	330,871

Activity in the allowance for loan and lease losses was as follows for the periods indicated:



	As of and for the Three Months Ended
	March 31, 2017									March 31, 2016
	Non-PCI Loans and Leases			PCI Loans			Total			Non-PCI Loans and Leases			PCI Loans		Total
	(in thousands)
Allowance for loan and lease losses:
Balance at beginning of period	$	31,458		$	971		$	32,429		$	37,494		$	5,441	$	42,935
Charge-offs	(186		)	—			(186		)	(637		)	—		(637		)
Recoveries on loans and leases previously charged off	989			—			989			253			—		253
Net loan and lease (charge-offs) recoveries	803			—			803			(384		)	—		(384		)
Loan and lease loss provision (income)	—			(80		)	(80		)	(1,729		)	204		(1,525		)
Balance at end of period	$	32,261		$	891		$	33,152		$	35,381		$	5,645	$	41,026

Activity in the allowance for loan off-balance sheet items was as follows for the periods indicated:



	Three Months Ended March 31,
	2017		2016
	(in thousands)
Balance at beginning of period	$	1,184	$	986
Provision	—		234
Balance at end of period	$	1,184	$	1,220