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

Quarterly report pursuant to Section 13 or 15(d)

Deposits

Deposits

3 Months Ended

Mar. 31, 2023

Note 7 — Deposits

Time deposits exceeding the FDIC insurance limit of $250,000 as of March 31, 2023 and December 31, 2022 were $1.05 billion and $697.0 million, respectively.

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


At March 31, 2023	Time Deposits of $250,000 or More		Other Time Deposits		Total
	(in thousands)
2023	$	645,391	$	927,402	$	1,572,793
2024		404,225		395,667		799,892
2025		266		3,860		4,126
2026		263		2,549		2,812
2027 and thereafter		—		615		615
Total	$	1,050,145	$	1,330,093	$	2,380,238

At December 31, 2022
2023	$	696,470	$	1,185,020	$	1,881,490
2024		—		68,037		68,037
2025		266		3,151		3,417
2026		263		2,430		2,693
2027 and thereafter		—		570		570
Total	$	696,999	$	1,259,208	$	1,956,207

Accrued interest payable on deposits was $20.5 million and $7.8 million at March 31, 2023 and December 31, 2022, respectively. Total deposits reclassified to loans due to overdrafts at March 31, 2023 and December 31, 2022 were $1.4 million and $1.2 million, respectively.