Hanmi Financial Corporation Annual report pursuant to Section 13 and 15(d)

Deposits (Tables)

12 Months Ended

Dec. 31, 2020

At December 31, 2020, the scheduled maturities of time deposits are as follows:

A summary of interest expense on deposits was as follows for the periods indicated:

	Year Ended December 31,
	2020		2019		2018
	(in thousands)
Demand: interest-bearing	$	70	$	116	$	106
Money market and savings		11,016		23,556		16,182
Time deposits of $250,000 or more		3,521		6,338		9,598
Other time deposits		19,387		33,095		17,194
Total interest expense on deposits	$	33,994	$	63,105	$	43,080