Hanmi Financial Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Borrowings (Tables)

Borrowings (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Borrowings

The following is a summary of contractual maturities of FHLB advances:


		As of December 31,
		2024								2023
		Outstanding Balance				Weighted Average Rate				Outstanding Balance				Weighted Average Rate
		(dollars in thousands)
Open advances		$	225,000				4.78	%		$	212,500				5.70	%
Advances due within 12 months			—				—				37,500				0.40
Advances due over 12 months through 24 months			37,500				4.58				12,500				1.90
Advances due over 24 months through 36 months			—				—				62,500				4.37
Outstanding advances		$	262,500				4.75	%		$	325,000				4.69	%

Summary of Financial Data Pertaining to Federal Home Loan Bank Advances

The following is financial data pertaining to FHLB advances:


		As of December 31,
		2024				2023				2022
		(dollars in thousands)
Weighted-average interest rate at end of year			4.75	%			4.69	%			3.57	%
Weighted-average interest rate during the year			4.37	%			3.48	%			1.52	%
Average balance of FHLB advances		$	154,112			$	197,390			$	148,027
Maximum amount outstanding at any month-end		$	350,000			$	450,000			$	350,000