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

Quarterly report pursuant to Section 13 or 15(d)

Deposits

Deposits

9 Months Ended

Sep. 30, 2022

Note 7 — Deposits

Time deposits exceeding the FDIC insurance limit of $250,000 as of September 30, 2022 and December 31, 2021 were $258.1 million and $173.5 million, respectively.

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


At September 30, 2022	Time Deposits of $250,000 or More		Other Time Deposits		Total
	(in thousands)
2022	$	73,828	$	105,193	$	179,021
2023		246,457		750,316		996,773
2024		—		65,396		65,396
2025		265		2,942		3,207
2026 and thereafter		263		3,017		3,280
Total	$	320,813	$	926,864	$	1,247,677

At December 31, 2021
2022	$	206,478	$	672,821	$	879,299
2023		1,522		40,564		42,086
2024		—		60,854		60,854
2025		265		1,919		2,184
2026 and thereafter		262		2,503		2,765
Total	$	208,527	$	778,661	$	987,188

Accrued interest payable on deposits was $2.2 million and $1.2 million at September 30, 2022 and December 31, 2021, respectively. Total deposits reclassified to loans due to overdrafts at September 30, 2022 and December 31, 2021 were $700,000 and $277,000, respectively.