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

Off-Balance Sheet Commitments (Tables)

6 Months Ended

Jun. 30, 2018

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



	June 30, 2018		December 31, 2017
	(in thousands)
Commitments to extend credit	$	354,894	$	318,634
Standby letters of credit	24,702		19,294
Commercial letters of credit	15,377		9,308
Total undisbursed loan commitments	$	394,973	$	347,236

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



	As of and for the Three Months Ended June 30,						As of and for the Six Months Ended June 30,
	2018			2017			2018			2017
	(in thousands)
Allowance for loan and lease losses:
Balance at beginning of period	$	31,777		$	33,152		$	31,043		$	32,429

Charge-offs	(657		)	(665		)	(2,289		)	$	(851	)
Recoveries on loans and leases previously charged off	598			849			2,315			$	1,838
Net (charge-offs) recoveries	(59		)	184			26			987

Loan and lease loss provision	100			422			749			$	342
Balance at end of period	$	31,818		$	33,758		$	31,818		$	33,758

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



	Three Months Ended June 30,					Six Months Ended June 30,
	2018		2017			2018		2017
	(in thousands)
Balance at beginning of period	$	1,323	$	1,184		$	1,296	$	1,184
Provision (income)	34		(49		)	61		(49		)
Balance at end of period	$	1,357	$	1,135		$	1,357	$	1,135