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

Quarterly report pursuant to Section 13 or 15(d)

Borrowings and Subordinated Debentures (Tables)

Borrowings and Subordinated Debentures (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Borrowings


		March 31, 2024								December 31, 2023
		Outstanding Balance				Weighted Average Rate				Outstanding Balance				Weighted Average Rate
		(dollars in thousands)
Open advances		$	60,000				5.69	%		$	212,500				5.70	%
Advances due within 12 months			50,000				3.33				37,500				0.40
Advances due over 12 months through 24 months			25,000				4.44				12,500				1.90
Advances due over 24 months through 36 months			37,500				4.32				62,500				4.37
Outstanding advances		$	172,500				4.53	%		$	325,000				4.69	%

Summary of Financial Data Pertaining to Federal Home Loan Bank Advances

The following is financial data pertaining to FHLB advances:


		March 31, 2024				December 31, 2023
		(dollars in thousands)
Weighted-average interest rate at end of period			4.53	%			4.69	%
Weighted-average interest rate during the period			4.10	%			3.48	%
Average balance of FHLB advances		$	162,418			$	197,390
Maximum amount outstanding at any month-end		$	187,500			$	450,000