2022 Q1 Form 10-Q Financial Statement

#000112836122000023 Filed on May 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $144.9M $138.3M
YoY Change 4.76% -17.12%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $2.461M $2.737M
YoY Change -10.08% 4.03%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.461M $2.737M
YoY Change -10.08% 4.03%
Operating Profit
YoY Change
Interest Expense $11.70M $15.71M
YoY Change -25.57% -66.97%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $82.00M $57.70M
YoY Change 42.11% 78.0%
Income Tax $21.30M $14.00M
% Of Pretax Income 25.98% 24.26%
Net Earnings $60.74M $43.69M
YoY Change 39.03% 68.33%
Net Earnings / Revenue 41.93% 31.59%
Basic Earnings Per Share $0.51 $0.35
Diluted Earnings Per Share $0.50 $0.35
COMMON SHARES
Basic Shares Outstanding 120.1M shares 123.3M shares
Diluted Shares Outstanding 121.1M shares 124.3M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $280.4M $376.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $45.64M $47.92M
YoY Change -4.75% -6.76%
Goodwill $464.5M $464.5M
YoY Change 0.0% 0.0%
Intangibles $7.184M $9.198M
YoY Change -21.9% -18.62%
Long-Term Investments $113.0M $126.0M
YoY Change -10.28% -3.08%
Other Assets $90.17M $58.00M
YoY Change 55.47% 100.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $17.80B $17.20B
YoY Change 3.52% 7.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.826M $9.000M
YoY Change -46.38% -70.0%
Accrued Expenses $54.76M $49.00M
YoY Change 11.75% -16.95%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $59.59M $58.00M
YoY Change 2.73% -34.83%
LONG-TERM LIABILITIES
Long-Term Debt $322.1M $320.0M
YoY Change 0.66% 5.26%
Other Long-Term Liabilities $92.27M $74.00M
YoY Change 24.69% -23.71%
Total Long-Term Liabilities $414.4M $394.0M
YoY Change 5.17% -1.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $59.59M $58.00M
Total Long-Term Liabilities $414.4M $394.0M
Total Liabilities $15.76B $15.15B
YoY Change 4.02% 8.21%
SHAREHOLDERS EQUITY
Retained Earnings $976.5M $823.1M
YoY Change 18.64% 9.42%
Common Stock $137.0K $136.0K
YoY Change 0.74% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $250.0M $200.0M
YoY Change 25.0% 0.0%
Treasury Stock Shares 16.34M shares 12.66M shares
Shareholders Equity $2.041B $2.046B
YoY Change
Total Liabilities & Shareholders Equity $17.80B $17.20B
YoY Change 3.52% 7.35%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $60.74M $43.69M
YoY Change 39.03% 68.33%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $183.7M $58.12M
YoY Change 216.02% -19.13%
INVESTING ACTIVITIES
Capital Expenditures $2.146M $1.504M
YoY Change 42.69% 7.58%
Acquisitions
YoY Change
Other Investing Activities -$145.6M -$128.6M
YoY Change 13.2% -52.58%
Cash From Investing Activities -$147.7M -$130.1M
YoY Change 13.59% -52.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $531.0K $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$71.83M $98.02M
YoY Change -173.28% -67.78%
NET CHANGE
Cash From Operating Activities $183.7M $58.12M
Cash From Investing Activities -$147.7M -$130.1M
Cash From Financing Activities -$71.83M $98.02M
Net Change In Cash -$35.89M $26.09M
YoY Change -237.59% -74.79%
FREE CASH FLOW
Cash From Operating Activities $183.7M $58.12M
Capital Expenditures $2.146M $1.504M
Free Cash Flow $181.5M $56.61M
YoY Change 220.62% -19.66%

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CY2021Q1 us-gaap Earnings Per Share Diluted
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CY2021Q1 us-gaap Net Income Loss
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CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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CY2022Q1 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
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CY2021Q1 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
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CY2021Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
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CY2021Q1 us-gaap Comprehensive Income Net Of Tax
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CY2020Q4 us-gaap Stockholders Equity
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CY2021Q1 hope Financing Receivable Current Expected Credit Loss Cumulative Effect On Retained Earnings Before Tax
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-10705000 USD
CY2021Q1 hope Financing Receivable Current Expected Credit Loss Cumulative Effect On Retained Earnings Tax
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3145000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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496000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q1 us-gaap Dividends Common Stock Cash
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CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
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CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
374000 USD
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
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0.14
CY2022Q1 us-gaap Dividends Common Stock Cash
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16816000 USD
CY2022Q1 us-gaap Net Income Loss
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60738000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-96753000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
2041057000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
60738000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
43687000 USD
CY2022Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6201000 USD
CY2021Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6638000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2598000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2572000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-11000000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
3300000 USD
CY2022Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
200000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
105000 USD
CY2022Q1 hope Financing Receivable Accrued Interest Allowance For Credit Loss
FinancingReceivableAccruedInterestAllowanceForCreditLoss
200000 USD
CY2021Q1 hope Financing Receivable Accrued Interest Allowance For Credit Loss
FinancingReceivableAccruedInterestAllowanceForCreditLoss
600000 USD
CY2022Q1 hope Real Estate Owned Valuation Allowance Adjustment Increase Decrease
RealEstateOwnedValuationAllowanceAdjustmentIncreaseDecrease
276000 USD
CY2021Q1 hope Real Estate Owned Valuation Allowance Adjustment Increase Decrease
RealEstateOwnedValuationAllowanceAdjustmentIncreaseDecrease
155000 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
5603000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
0 USD
CY2022Q1 hope Gain Loss On Sale Of Other Financing Receivable
GainLossOnSaleOfOtherFinancingReceivable
757000 USD
CY2021Q1 hope Gain Loss On Sale Of Other Financing Receivable
GainLossOnSaleOfOtherFinancingReceivable
2096000 USD
CY2022Q1 hope Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
309000 USD
CY2021Q1 hope Bank Owned Life Insurance Income Loss
BankOwnedLifeInsuranceIncomeLoss
324000 USD
CY2022Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1247000 USD
CY2021Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-484000 USD
CY2022Q1 hope Investmentsinaffordablehousingpartnershipsexpenses
Investmentsinaffordablehousingpartnershipsexpenses
1943000 USD
CY2021Q1 hope Investmentsinaffordablehousingpartnershipsexpenses
Investmentsinaffordablehousingpartnershipsexpenses
2629000 USD
CY2022Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-65000 USD
CY2021Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-4175000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
88359000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
69931000 USD
CY2022Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
16916000 USD
CY2021Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
69783000 USD
CY2022Q1 hope Increase Decrease In Servicing Assets
IncreaseDecreaseInServicingAssets
1463000 USD
CY2021Q1 hope Increase Decrease In Servicing Assets
IncreaseDecreaseInServicingAssets
592000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-3693000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1668000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-31861000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-20958000 USD
CY2022Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
554000 USD
CY2021Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-6095000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
21775000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-16558000 USD
CY2022Q1 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
165294000 USD
CY2021Q1 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
138554000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
183662000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58118000 USD
CY2022Q1 us-gaap Payments For Deposits With Other Institutions
PaymentsForDepositsWithOtherInstitutions
0 USD
CY2021Q1 us-gaap Payments For Deposits With Other Institutions
PaymentsForDepositsWithOtherInstitutions
249000 USD
CY2022Q1 us-gaap Proceeds From Deposits With Other Institutions
ProceedsFromDepositsWithOtherInstitutions
1224000 USD
CY2021Q1 us-gaap Proceeds From Deposits With Other Institutions
ProceedsFromDepositsWithOtherInstitutions
2948000 USD
CY2022Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
85171000 USD
CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
209270000 USD
CY2022Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
114879000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
215077000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
214000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Other Loans Held For Sale
ProceedsFromSaleOfOtherLoansHeldForSale
18711000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Loans Held For Sale
ProceedsFromSaleOfOtherLoansHeldForSale
0 USD
CY2022Q1 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
27936000 USD
CY2021Q1 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
0 USD
CY2022Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
331000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1437000 USD
CY2022Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
3300000 USD
CY2021Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
0 USD
CY2022Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
1650000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
0 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2146000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1504000 USD
CY2022Q1 hope Paymentsfor Investmentsin Affordable Housing Partnerships
PaymentsforInvestmentsinAffordableHousingPartnerships
672000 USD
CY2021Q1 hope Paymentsfor Investmentsin Affordable Housing Partnerships
PaymentsforInvestmentsinAffordableHousingPartnerships
154000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-147724000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-130055000 USD
CY2022Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-525322000 USD
CY2021Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-32643000 USD
CY2022Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
3123000000 USD
CY2021Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
1140000000 USD
CY2022Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
2723000000 USD
CY2021Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
990000000 USD
CY2022Q1 hope Proceeds From Frb Borrowings Financing Activities
ProceedsFromFRBBorrowingsFinancingActivities
121000000 USD
CY2021Q1 hope Proceeds From Frb Borrowings Financing Activities
ProceedsFromFRBBorrowingsFinancingActivities
0 USD
CY2022Q1 hope Repayment Of Frb Borrowings Financing Activities
RepaymentOfFRBBorrowingsFinancingActivities
49000000 USD
CY2021Q1 hope Repayment Of Frb Borrowings Financing Activities
RepaymentOfFRBBorrowingsFinancingActivities
0 USD
CY2022Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
16816000 USD
CY2021Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
17257000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2224000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2076000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
531000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-71831000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
98024000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-35893000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
26087000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
316266000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
350579000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
280373000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
376666000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
10609000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
21284000 USD
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1317000 USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1240000 USD
CY2022Q1 us-gaap Financing Receivable Reclassification To Held For Sale
FinancingReceivableReclassificationToHeldForSale
104553000 USD
CY2021Q1 us-gaap Financing Receivable Reclassification To Held For Sale
FinancingReceivableReclassificationToHeldForSale
0 USD
CY2022Q1 hope Financing Receivable Reclassification From Held For Sale
FinancingReceivableReclassificationFromHeldForSale
3418000 USD
CY2021Q1 hope Financing Receivable Reclassification From Held For Sale
FinancingReceivableReclassificationFromHeldForSale
0 USD
CY2022Q1 hope Lease Liabilities Arisingfrom Obtaining Rightof Use Assets
LeaseLiabilitiesArisingfromObtainingRightofUseAssets
1298000 USD
CY2021Q1 hope Lease Liabilities Arisingfrom Obtaining Rightof Use Assets
LeaseLiabilitiesArisingfromObtainingRightofUseAssets
0 USD
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
Hope Bancorp, Inc.<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Hope Bancorp, Inc. (“Hope Bancorp” on a parent-only basis and the “Company” on a consolidated basis), headquartered in Los Angeles, California, is the holding company for Bank of Hope (the “Bank”). As of March 31, 2022, the Bank operated branches in </span><span style="color:#212529;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">California, New York/New Jersey, Illinois, Washington, Texas, Virginia, Alabama and Georgia</span>, loan production offices in Colorado, Texas, Oregon, Washington, Georgia, Southern California, and Northern California, and a representative office in Seoul, South Korea. The Company is a corporation organized under the laws of the state of Delaware and a bank holding company registered under the Bank Holding Company Act of 1956, as amended.
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from those estimates.
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
60738000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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120131380 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
43687000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123324745 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
958094 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1011385 shares
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
60738000 USD
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
121089474 shares
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
43687000 USD
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124336130 shares
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2022Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-1247000 USD
CY2021Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-484000 USD
CY2022Q1 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
CY2021Q1 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
CY2022Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-1247000 USD
CY2021Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-484000 USD
CY2022Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
31100000 USD
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
31000000 USD
CY2022Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 USD
CY2022Q1 hope Equity Securitieswithout Readily Determinable Fair Value Upward Downward Price Adjustment Annual Amount
EquitySecuritieswithoutReadilyDeterminableFairValueUpwardDownwardPriceAdjustmentAnnualAmount
0 USD
CY2022Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 USD
CY2021Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 USD
CY2021Q1 hope Equity Securitieswithout Readily Determinable Fair Value Upward Downward Price Adjustment Annual Amount
EquitySecuritieswithoutReadilyDeterminableFairValueUpwardDownwardPriceAdjustmentAnnualAmount
0 USD
CY2021Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 USD
CY2022Q1 hope Equity Securitieswithout Readily Determinable Fair Value Upward Downward Price Adjustment Annual Amount
EquitySecuritieswithoutReadilyDeterminableFairValueUpwardDownwardPriceAdjustmentAnnualAmount
0 USD
CY2021Q1 hope Equity Securitieswithout Readily Determinable Fair Value Upward Downward Price Adjustment Annual Amount
EquitySecuritieswithoutReadilyDeterminableFairValueUpwardDownwardPriceAdjustmentAnnualAmount
0 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
0 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2653132000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
808000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
161454000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2492486000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2685648000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
16266000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
35639000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2666275000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
2000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1888000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
14066674000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
45019000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
41800000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
81311000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
76683000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2653132000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2492486000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
323900000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
362200000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
270 security
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1949293000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
116791000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
53 security
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
456372000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
44663000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
323 security
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
2405665000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
161454000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
152 security
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1764910000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
29377000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
20 security
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
174593000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
6262000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
172 security
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1939503000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
35639000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
5600000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
5600000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 USD
CY2022Q1 hope Financing Receivable Reversion Period
FinancingReceivableReversionPeriod
P1Y
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
13952743000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
147450000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
140550000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13919224000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13812193000 USD
CY2022Q1 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
3100000 USD
CY2021Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
6200000 USD
CY2022Q1 hope Number Of Loan Portfolio Segments
NumberOfLoanPortfolioSegments
4 segment
CY2022Q1 us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
113900000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
14070000000.00 USD
CY2022Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
115800000 USD
CY2021Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
99000000 USD
CY2022Q1 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
32300000 USD
CY2021Q4 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
36200000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
140550000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-11000000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1503000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
19403000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
147450000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
206741000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
3300000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3521000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1423000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
207943000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
7464000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
139986000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
147450000 USD
CY2022Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
96827000 USD
CY2022Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
13969847000 USD
CY2022Q1 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
14066674000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
5115000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
135435000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
140550000 USD
CY2021Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
106633000 USD
CY2021Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
13846110000 USD
CY2021Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
13952743000 USD
CY2022Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
1300000 USD
CY2021Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
1100000 USD
CY2022Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
200000 USD
CY2021Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
105000 USD
CY2022Q1 hope Threshold Period Past Duefor Nonaccrual Statusof Financing Receivable
ThresholdPeriodPastDueforNonaccrualStatusofFinancingReceivable
P90D
CY2022Q1 hope Threshold Period Past Duefor Nonaccrual Statusof Financing Receivable
ThresholdPeriodPastDueforNonaccrualStatusofFinancingReceivable
P90D
CY2022Q1 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
18372000 USD
CY2022Q1 hope Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
34345000 USD
CY2022Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
52717000 USD
CY2022Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
3090000 USD
CY2021Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
25860000 USD
CY2021Q4 hope Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
28756000 USD
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
54616000 USD
CY2021Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
2131000 USD
CY2022Q1 hope Small Business Administration Loans In Liquidation Excluded From Nonaccrual Loans
SmallBusinessAdministrationLoansInLiquidationExcludedFromNonaccrualLoans
17000000 USD
CY2022Q1 hope Positive Or Negative Qualitative Adjustment Of Loss Migration Ratio Or Individual Specific Reserve Allocations In Basis Points
PositiveOrNegativeQualitativeAdjustmentOfLossMigrationRatioOrIndividualSpecificReserveAllocationsInBasisPoints
0.0025
CY2021Q4 hope Small Business Administration Loans In Liquidation Excluded From Nonaccrual Loans
SmallBusinessAdministrationLoansInLiquidationExcludedFromNonaccrualLoans
19500000 USD
CY2022Q1 hope Financing Receivable Nonaccrual Interest Income Increase Decrease
FinancingReceivableNonaccrualInterestIncomeIncreaseDecrease
-313000 USD
CY2021Q1 hope Financing Receivable Nonaccrual Interest Income Increase Decrease
FinancingReceivableNonaccrualInterestIncomeIncreaseDecrease
-973000 USD
CY2021Q1 hope Financing Receivable Nonaccrual Interest Income Increase Decrease
FinancingReceivableNonaccrualInterestIncomeIncreaseDecrease
-973000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
1396609000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
4173900000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
1860886000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
1751161000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
1497393000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
2167618000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
1219107000 USD
CY2022Q1 hope Financing Receivable Non Modeled Loans As Percentage Of Total Loan Portfolio
FinancingReceivableNonModeledLoansAsPercentageOfTotalLoanPortfolio
0.02
CY2022Q1 hope Financing Receivable Period At Which Point Loss Assumptions Revert Back To Historical Loss Information
FinancingReceivablePeriodAtWhichPointLossAssumptionsRevertBackToHistoricalLossInformation
P2Y
CY2022Q1 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
14066674000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
4569237000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
1949984000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
1864273000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
1586677000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
1126085000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
1427092000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
1429395000 USD
CY2021Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
13952743000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 USD
CY2022Q1 hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
104553000 USD
CY2021Q1 hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
0 USD
CY2022Q1 hope Financing Receivable Balance Threshold To Determine Individual Evaluation For Impairment
FinancingReceivableBalanceThresholdToDetermineIndividualEvaluationForImpairment
1000000 USD
CY2022Q1 hope Financing Receivable Balance Threshold To Determine Individual Evaluation For Impairment
FinancingReceivableBalanceThresholdToDetermineIndividualEvaluationForImpairment
1000000 USD
CY2022Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
96827000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
7464000 USD
CY2022Q1 hope Financing Receivable Allowance For Credit Loss Individually Evaluated For Impairment Coverage Ratio
FinancingReceivableAllowanceForCreditLossIndividuallyEvaluatedForImpairmentCoverageRatio
0.0771
CY2022Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
13969847000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
139986000 USD
CY2022Q1 hope Financing Receivable Allowance For Credit Loss Collectively Evaluated For Impairment Coverage Ratio
FinancingReceivableAllowanceForCreditLossCollectivelyEvaluatedForImpairmentCoverageRatio
0.0100
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
14066674000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
147450000 USD
CY2022Q1 hope Financing Receivable Allowance For Credit Loss Coverage Ratio To Total Loans
FinancingReceivableAllowanceForCreditLossCoverageRatioToTotalLoans
0.0105
CY2021Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
106633000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
5115000 USD
CY2021Q4 hope Financing Receivable Allowance For Credit Loss Individually Evaluated For Impairment Coverage Ratio
FinancingReceivableAllowanceForCreditLossIndividuallyEvaluatedForImpairmentCoverageRatio
0.0480
CY2022Q1 hope Financing Receivable Modifications Related Allowance Loans Modified During Period
FinancingReceivableModificationsRelatedAllowanceLoansModifiedDuringPeriod
0 USD
CY2021Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
13846110000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
135435000 USD
CY2021Q4 hope Financing Receivable Allowance For Credit Loss Collectively Evaluated For Impairment Coverage Ratio
FinancingReceivableAllowanceForCreditLossCollectivelyEvaluatedForImpairmentCoverageRatio
0.0098
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
13952743000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
140550000 USD
CY2021Q4 hope Financing Receivable Allowance For Credit Loss Coverage Ratio To Total Loans
FinancingReceivableAllowanceForCreditLossCoverageRatioToTotalLoans
0.0101
CY2022Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
59600000 USD
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
65500000 USD
CY2022Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
59627000 USD
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
65513000 USD
CY2022Q1 hope Financing Receivable Modifications Related Allowance
FinancingReceivableModificationsRelatedAllowance
4000000 USD
CY2021Q4 hope Financing Receivable Modifications Related Allowance
FinancingReceivableModificationsRelatedAllowance
2700000 USD
CY2022Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1 loan
CY2022Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
2077000 USD
CY2021Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
11 loan
CY2021Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
34449000 USD
CY2022Q1 hope Financing Receivable Impaired Troubled Debt Restructuring Modifications Writedown
FinancingReceivableImpairedTroubledDebtRestructuringModificationsWritedown
0 USD
CY2022Q1 hope Financing Receivable Impaired Troubled Debt Restructuring Modifications Writedown
FinancingReceivableImpairedTroubledDebtRestructuringModificationsWritedown
0 USD
CY2021Q1 hope Financing Receivable Modifications Related Allowance Loans Modified During Period
FinancingReceivableModificationsRelatedAllowanceLoansModifiedDuringPeriod
14800000 USD
CY2021Q1 hope Financing Receivable Impaired Troubled Debt Restructuring Modifications Writedown
FinancingReceivableImpairedTroubledDebtRestructuringModificationsWritedown
0 USD
CY2021Q1 hope Financing Receivable Impaired Troubled Debt Restructuring Modifications Writedown
FinancingReceivableImpairedTroubledDebtRestructuringModificationsWritedown
0 USD
CY2021Q1 hope Financing Receivable Impaired Troubled Debt Restructuring Modifications Writedown
FinancingReceivableImpairedTroubledDebtRestructuringModificationsWritedown
0 USD
CY2022Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
3 loan
CY2022Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
3269000 USD
CY2021Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
5 loan
CY2021Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
24199000 USD
CY2022Q1 hope Financing Receivables Impaired Troubled Debt Restructuring Related Allowance Loans Modified During Period
FinancingReceivablesImpairedTroubledDebtRestructuringRelatedAllowanceLoansModifiedDuringPeriod
16000 USD
CY2022Q1 hope Financing Receivables Impaired Troubled Debt Restructuring Related Allowance Loans Modified During Period
FinancingReceivablesImpairedTroubledDebtRestructuringRelatedAllowanceLoansModifiedDuringPeriod
16000 USD
CY2022Q1 hope Financing Receivables Impaired Troubled Debt Restructuring Subsequent Default Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringSubsequentDefaultWriteDown
0 USD
CY2022Q1 hope Financing Receivables Impaired Troubled Debt Restructuring Subsequent Default Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringSubsequentDefaultWriteDown
0 USD
CY2021Q1 hope Financing Receivables Impaired Troubled Debt Restructuring Related Allowance Loans Modified During Period
FinancingReceivablesImpairedTroubledDebtRestructuringRelatedAllowanceLoansModifiedDuringPeriod
13100000 USD
CY2021Q1 hope Financing Receivables Impaired Troubled Debt Restructuring Subsequent Default Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringSubsequentDefaultWriteDown
0 USD
CY2022Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
3 loan
CY2021Q1 hope Financing Receivables Impaired Troubled Debt Restructuring Subsequent Default Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringSubsequentDefaultWriteDown
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3300000 USD
CY2022Q1 hope Sba Servicing Assetsand Servicing Liabilitiesat Fair Value Assumptions Usedto Estimate Fair Value Discount Rate
SBAServicingAssetsandServicingLiabilitiesatFairValueAssumptionsUsedtoEstimateFairValueDiscountRate
0.1008
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SBAServicingAssetsandServicingLiabilitiesatFairValueAssumptionsUsedtoEstimateFairValuePrepaymentSpeed
0.1492
CY2021 hope Sba Servicing Assetsand Servicing Liabilitiesat Fair Value Assumptions Usedto Estimate Fair Value Prepayment Speed
SBAServicingAssetsandServicingLiabilitiesatFairValueAssumptionsUsedtoEstimateFairValuePrepaymentSpeed
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CY2022Q1 hope Mortgage Servicing Assetsand Servicing Liabilitiesat Fair Value Assumptions Usedto Estimate Fair Value Discount Rate
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MortgageServicingAssetsandServicingLiabilitiesatFairValueAssumptionsUsedtoEstimateFairValueDiscountRate
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MortgageServicingAssetsandServicingLiabilitiesatFairValueAssumptionsUsedtoEstimateFairValuePrepaymentSpeed
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MortgageServicingAssetsandServicingLiabilitiesatFairValueAssumptionsUsedtoEstimateFairValuePrepaymentSpeed
0.0958
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21300000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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82000000 USD
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14000000 USD
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57700000 USD
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0.2422
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3300000 USD
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415000 USD
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789000 USD
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-40803000 USD
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4002000 USD
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602000 USD
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1936810 shares
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2600000 USD
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2600000 USD
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673000 USD
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623000 USD
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0 USD
CY2022Q1 hope Feesand Commissions Depositor Accounts1
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1974000 USD
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1790000 USD
CY2022Q1 hope Wire Transfer Fees
WireTransferFees
900000 USD
CY2021Q1 hope Wire Transfer Fees
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844000 USD
CY2022Q1 us-gaap Gains Losses On Sales Of Other Real Estate
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20000 USD
CY2021Q1 us-gaap Gains Losses On Sales Of Other Real Estate
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-14000 USD

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