secwatch.observer — SEC 8-K summary
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Issuer:     HANMI FINANCIAL CORP (HAFC)
CIK:        0001109242
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001171843-23-006360
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanmi Q3 net income $18.8M ($0.62 EPS), down 8.8% from Q2; loans up 0.9%
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- Q3 EPS $0.62 vs $0.67 in Q2; net income $18.8M down from $20.6M.
- Loans $6.02B (+0.9% seq); production $336.3M at 7.80% avg yield; deposits $6.26B (-0.9%).
- Net interest income $54.9M (-1.0% seq); NIM 3.03% down 8 bps; noninterest-bearing deposits 34.5%.
- Credit loss expense $5.2M (vs recovery in Q2); net charge-offs $8.9M; ACEP 1.12%.
- Nonperforming assets fell 28.7% to $15.9M (0.22% of assets); efficiency ratio 51.82%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109242/000117184323006360/0001171843-23-006360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1109242/000117184323006360/f8k_102423.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006360

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