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

Quarterly report pursuant to Section 13 or 15(d)

Deposits

Deposits

9 Months Ended

Sep. 30, 2021

Note 7 — Deposits

Time deposits of $250,000 or more at September 30, 2021 and December 31, 2020 were $226.2 million and $311.8 million, respectively. Time deposits at or exceeding the FDIC insurance limit of $250,000 as of September 30, 2021 and December 31, 2020 were $188.2 million and $265.6 million, respectively.

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

At September 30, 2021	Time Deposits of $250,000 or More		Other Time Deposits		Total
	(in thousands)
2021	$	104,321	$	159,946	$	264,267
2022		120,119		559,416		679,535
2023		1,518		33,220		34,738
2024		—		47,006		47,006
2025 and thereafter		264		3,801		4,065
Total	$	226,222	$	803,389	$	1,029,611

At December 31, 2020
2021	$	296,455	$	825,677	$	1,122,132
2022		14,315		115,832		130,147
2023		804		22,881		23,685
2024		—		5,382		5,382
2025 and thereafter		264		2,089		2,353
Total	$	311,838	$	971,861	$	1,283,699

Accrued interest payable on deposits was $1.2 million and $4.6 million at September 30, 2021 and December 31, 2020, respectively. Total deposits reclassified to loans due to overdrafts at September 30, 2021 and December 31, 2020 were $259,000 and $241,000, respectively.