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

Quarterly report pursuant to Section 13 or 15(d)

Borrowings (Tables)

Borrowings (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Borrowings

		March 31, 2020								December 31, 2019
		Outstanding Balance				Weighted Average Rate				Outstanding Balance				Weighted Average Rate
		(dollars in thousands)
Overnight advances		$	150,000				0.21	%		$	15,000				1.66	%
Advances due with 12 months			50,000				1.66	%			25,000				1.75	%
Advances due over 12 months through 24 months			50,000				1.59	%			25,000				1.66	%
Advances due over 24 months through 36 months			50,000				1.63	%			25,000				1.72	%
Outstanding advances		$	300,000				0.92	%		$	90,000				1.70	%

Summary of Financial Data Pertaining to Federal Home Loan Bank Advances

The following is financial data pertaining to FHLB advances:

		March 31, 2020				December 31, 2019
		(dollars in thousands)
Weighted-average interest rate at end of period			0.92	%			1.70	%
Weighted-average interest rate during the period			1.52	%			1.89	%
Average balance of FHLB advances		$	130,659			$	40,374
Maximum amount outstanding at any month-end		$	300,000			$	285,000