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

Quarterly report pursuant to Section 13 or 15(d)

Sale of Insurance Subsidiaries and Discontinued Operations (Tables)

Sale of Insurance Subsidiaries and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Summarized Financial Information of Discontinued Operations

Summarized financial information for our discontinued operations related to Chun-Ha and All World are as follows:


	March 31, 2014
	(In thousands)
Cash and cash equivalents	$	1,628
Premises and equipment, net		73
Other intangible assets, net		1,130
Other assets		2,764

Total assets	$	5,595

Income tax payable	$	1,319
Accrued expenses and other liabilities		1,785

Total liabilities	$	3,104

Net assets of discontinued operations	$	2,491


	Three Months Ended March 31, 2014
	(In thousands)
Noninterest income	$	37
Provision for income taxes		15

Net income from discontinued operations	$	22

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details