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

Quarterly report pursuant to Section 13 or 15(d)

Deposits

Deposits

6 Months Ended

Jun. 30, 2021

Note 7 — Deposits

Time deposits of $250,000 or more at June 30, 2021 and December 31, 2020 were $263.2 million and $311.8 million, respectively. Time deposits at or exceeding the FDIC insurance limit of $250,000 as of June 30, 2021 and December 31, 2020 were $225.2 million and $265.6 million, respectively.

The scheduled maturities of time deposits are as follows for the periods indicated:

At June 30, 2021	Time Deposits of $250,000 or More		Other Time Deposits		Total
	(in thousands)
2021	$	184,175	$	427,150	$	611,325
2022		77,978		360,386		438,364
2023		810		30,851		31,661
2024		—		31,254		31,254
2025 and thereafter		264		3,256		3,520
Total	$	263,227	$	852,897	$	1,116,124

At December 31, 2020
2021	$	296,455	$	825,677	$	1,122,132
2022		14,315		115,832		130,147
2023		804		22,881		23,685
2024		—		5,382		5,382
2025 and thereafter		264		2,089		2,353
Total	$	311,838	$	971,861	$	1,283,699

Accrued interest payable on deposits was $1.9 million and $4.6 million at June 30, 2021 and December 31, 2020, respectively. Total deposits reclassified to loans due to overdrafts at June 30, 2021 and December 31, 2020 were $128,000 and $241,000, respectively.