secwatch.observer — SEC 8-K summary
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Issuer:     HANMI FINANCIAL CORP (HAFC)
CIK:        0001109242
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001171843-24-004082
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanmi Financial Q2 net income $14.5M ($0.48 EPS) vs Q1 $15.2M; NIM down 9 bps
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- Net income $14.5M ($0.48 diluted EPS) vs Q1 $15.2M ($0.50 EPS); ROAA 0.77%, ROAE 7.50%.
- Net interest income $48.6M, down 4% QoQ; NIM (TE) 2.69%, down 9 bps; loan yield -1 bp, deposit cost +11 bps.
- Loan production $273.9M at 8.31% avg rate; loans flat at $6.18B; deposits $6.33B, down 0.7%.
- Noninterest expense $35.3M, down 3.2% QoQ; noninterest income $8.1M, up 4.2%.
- Criticized loans down 17.6% to $70.9M; NPAs 0.26% of assets; net charge-offs $1.8M (0.12% annualized).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109242/000117184324004082/0001171843-24-004082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1109242/000117184324004082/f8k_072324.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004082

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