2024 Q1 Form 10-K Financial Statement

#000112836124000006 Filed on February 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $259.7M $269.2M $1.049B
YoY Change 8.93% 20.06% 46.47%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $2.990M $11.61M
YoY Change 5.95% 8.64%
% of Gross Profit
Depreciation & Amortization $8.400M
YoY Change 6.33%
% of Gross Profit
Operating Expenses $2.990M $11.61M
YoY Change 5.95% 8.64%
Operating Profit
YoY Change
Interest Expense $144.6M $143.3M $523.0M
YoY Change 38.38% 94.41% 279.84%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $35.90M $33.61M $177.9M
YoY Change -32.01% -51.93% -39.91%
Income Tax $10.00M $7.124M $44.21M
% Of Pretax Income 27.86% 21.2% 24.86%
Net Earnings $25.86M $26.48M $133.7M
YoY Change -33.89% -48.78% -38.76%
Net Earnings / Revenue 9.96% 9.84% 12.74%
Basic Earnings Per Share $0.22 $0.22 $1.11
Diluted Earnings Per Share $0.21 $0.22 $1.11
COMMON SHARES
Basic Shares Outstanding 120.1M shares 120.1M shares 119.9M shares
Diluted Shares Outstanding 121.0M shares 120.4M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.185B $1.929B
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 $50.54M $50.61M $50.61M
YoY Change 5.54% 8.01% 8.01%
Goodwill $464.5M $464.5M
YoY Change 0.0% 0.0%
Intangibles $3.534M $3.935M
YoY Change -33.04% -31.28%
Long-Term Investments $96.27M $98.22M $98.22M
YoY Change 8.52% 9.01% 9.01%
Other Assets $138.4M $135.2M $135.2M
YoY Change -0.65% -10.1% -10.1%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $18.09B $19.13B $19.13B
YoY Change -12.06% -0.17% -0.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $122.5M $168.2M $168.2M
YoY Change 127.56% 530.62% 530.62%
Accrued Expenses $49.75M $52.67M $52.67M
YoY Change -13.48% -10.86% -10.86%
Deferred Revenue
YoY Change
Short-Term Debt $795.6M $1.796B
YoY Change -62.65% 107.6%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $172.2M $168.2M $168.2M
YoY Change 220.0% 530.62% 530.62%
LONG-TERM LIABILITIES
Long-Term Debt $108.6M $108.3M $108.3M
YoY Change -65.37% -66.55% -66.55%
Other Long-Term Liabilities $145.3M $184.4M $184.4M
YoY Change -21.35% -3.47% -3.47%
Total Long-Term Liabilities $253.9M $292.6M $292.6M
YoY Change -49.05% -43.15% -43.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $172.2M $168.2M $168.2M
Total Long-Term Liabilities $253.9M $292.6M $292.6M
Total Liabilities $15.98B $17.01B $17.01B
YoY Change -13.69% -0.79% -0.79%
SHAREHOLDERS EQUITY
Retained Earnings $1.160B $1.151B
YoY Change 4.81% 6.17%
Common Stock $138.0K $138.0K
YoY Change 0.73% 0.73%
Preferred Stock
YoY Change
Treasury Stock (at cost) $264.7M
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $2.110B $2.121B $2.121B
YoY Change
Total Liabilities & Shareholders Equity $18.09B $19.13B $19.13B
YoY Change -12.06% -0.17% -0.17%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $25.86M $26.48M $133.7M
YoY Change -33.89% -48.78% -38.76%
Depreciation, Depletion And Amortization $8.400M
YoY Change 6.33%
Cash From Operating Activities $29.62M $78.58M $473.8M
YoY Change -61.1% -33.57% -2.42%
INVESTING ACTIVITIES
Capital Expenditures $2.114M $2.023M $13.12M
YoY Change -29.34% -21.07% 44.03%
Acquisitions
YoY Change
Other Investing Activities $249.2M $355.4M $1.303B
YoY Change -19.05% 658.13% -188.97%
Cash From Investing Activities $247.1M $353.4M $1.290B
YoY Change -18.95% 697.42% -187.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.020B -1.003B -$341.5M
YoY Change -177.02% -7916.06% -128.97%
NET CHANGE
Cash From Operating Activities $29.62M 78.58M $473.8M
Cash From Investing Activities $247.1M 353.4M $1.290B
Cash From Financing Activities -$1.020B -1.003B -$341.5M
Net Change In Cash -$743.7M -571.3M $1.422B
YoY Change -143.6% -425.64% 646.52%
FREE CASH FLOW
Cash From Operating Activities $29.62M $78.58M $473.8M
Capital Expenditures $2.114M $2.023M $13.12M
Free Cash Flow $27.51M $76.55M $460.7M
YoY Change -62.4% -33.85% -3.31%

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FinancingReceivableReclassificationFromHeldForSale
22400000 usd
CY2022 hope Financing Receivable Reclassification From Held For Sale
FinancingReceivableReclassificationFromHeldForSale
12021000 usd
CY2021 hope Financing Receivable Reclassification From Held For Sale
FinancingReceivableReclassificationFromHeldForSale
19625000 usd
CY2023 us-gaap Transfer To Investments
TransferToInvestments
0 usd
CY2022 us-gaap Transfer To Investments
TransferToInvestments
238966000 usd
CY2021 us-gaap Transfer To Investments
TransferToInvestments
0 usd
CY2023 hope Lease Liabilities Arisingfrom Obtaining Rightof Use Assets
LeaseLiabilitiesArisingfromObtainingRightofUseAssets
8008000 usd
CY2022 hope Lease Liabilities Arisingfrom Obtaining Rightof Use Assets
LeaseLiabilitiesArisingfromObtainingRightofUseAssets
16977000 usd
CY2021 hope Lease Liabilities Arisingfrom Obtaining Rightof Use Assets
LeaseLiabilitiesArisingfromObtainingRightofUseAssets
965000 usd
CY2023 hope New Commitments To Fund Affordable Housing Partnership Investments
NewCommitmentsToFundAffordableHousingPartnershipInvestments
15000000 usd
CY2022 hope New Commitments To Fund Affordable Housing Partnership Investments
NewCommitmentsToFundAffordableHousingPartnershipInvestments
0 usd
CY2021 hope New Commitments To Fund Affordable Housing Partnership Investments
NewCommitmentsToFundAffordableHousingPartnershipInvestments
0 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Nature of Operations—</span><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”). The Bank has 54 branches and nine loan production offices in California, New York, Texas, Washington, Illinois, New Jersey, Virginia, Georgia, Alabama, Colorado and Oregon as well a representative office in Seoul, South Korea. Hope Bancorp 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. The Bank is a California-chartered bank and its deposits are insured by the FDIC to the extent provided by law. We offer a full suite of consumer and commercial loan, deposit and fee-based products and services, including CRE, C&amp;I, SBA, residential mortgage and other consumer lending; treasury management services and trade finance; foreign currency exchange transactions; interest rate contracts and wealth management.</span></div>
CY2023Q4 hope Numberof Branches Operated
NumberofBranchesOperated
54 branch
CY2023Q4 hope Number Of Loan Production Offices
NumberOfLoanProductionOffices
9 office
CY2022Q4 us-gaap Cash Reserve Deposit Required And Made
CashReserveDepositRequiredAndMade
0 usd
CY2023Q4 us-gaap Cash Reserve Deposit Required And Made
CashReserveDepositRequiredAndMade
0 usd
CY2023Q4 hope Debt Securities Held To Maturity Fair Value Transfer Amount
DebtSecuritiesHeldToMaturityFairValueTransferAmount
239000000 usd
CY2023 hope Number Of Loan Portfolio Segments
NumberOfLoanPortfolioSegments
4 segment
CY2023Q4 hope Allowance For Credit Losses Qualitative Factor Adjustment
AllowanceForCreditLossesQualitativeFactorAdjustment
0.0025
CY2023Q4 hope Financing Receivable Balance Threshold To Determine Individual Evaluation For Impairment
FinancingReceivableBalanceThresholdToDetermineIndividualEvaluationForImpairment
1000000 usd
CY2023Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
105000 usd
CY2023 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-43000 usd
CY2023 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
2100000 usd
CY2022Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
938000 usd
CY2022 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
-415000 usd
CY2022 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
524000 usd
CY2023Q4 hope Average Servicing Asset Cost Percentage
AverageServicingAssetCostPercentage
0.0040
CY2022 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
0 usd
CY2023 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
0 usd
CY2021 us-gaap Servicing Asset At Amortized Cost Other Than Temporary Impairments
ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
0 usd
CY2023 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
67100000 usd
CY2022 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
67100000 usd
CY2023Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
535000 usd
CY2022Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
229000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates in the Preparation of Consolidated Financial Statements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—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 materially differ from those estimates.</span></div>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Some items in the prior year financial statements were reclassified to conform to the current presentation. The reclassifications had no effect on the prior year net income or stockholders’ equity.</span></div>
CY2022Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
7800000 usd
CY2022 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-1917000 usd
CY2022 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
1354000 usd
CY2022 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-563000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
39400000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
38100000 usd
CY2022 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2429808000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6199000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
290948000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2145059000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2289421000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
790000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
318082000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1972129000 usd
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
263912000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
13394000 usd
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
250518000 usd
CY2022Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
271066000 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
1000 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
12660000 usd
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
258407000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 usd
CY2023 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
115815000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2770000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
301 security
CY2023 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
61696000 usd
CY2022 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
50043000 usd
CY2021 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
34583000 usd
CY2023 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
4367000 usd
CY2022 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2177000 usd
CY2021 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
909000 usd
CY2023 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
66063000 usd
CY2022 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
52220000 usd
CY2021 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
35492000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
103691000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
103677000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
158504000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
149926000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
25586000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
24968000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
103301000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
93934000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
8634000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
8317000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
2064312000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
1797522000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
229692000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
217233000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2429808000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2145059000 usd
CY2023Q4 hope Debt Securities Held To Maturity Amortized Cost Before Allowance For Credit Losses Without Single Maturity
DebtSecuritiesHeldToMaturityAmortizedCostBeforeAllowanceForCreditLossesWithoutSingleMaturity
263912000 usd
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
250518000 usd
CY2023Q4 hope Debt Securities Available For Sale And Held To Maturity Restricted
DebtSecuritiesAvailableForSaleAndHeldToMaturityRestricted
1700000000 usd
CY2022Q4 hope Debt Securities Available For Sale And Held To Maturity Restricted
DebtSecuritiesAvailableForSaleAndHeldToMaturityRestricted
360700000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
20 security
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1738084000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
288178000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
321 security
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1853899000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
290948000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
150 security
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
488959000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
37420000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
179 security
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1443090000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
280662000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
329 security
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1932049000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
318082000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
13853619000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13694925000 usd
CY2023 hope Number Of Loan Portfolio Segments
NumberOfLoanPortfolioSegments
4 segment
CY2023Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3400000 usd
CY2023 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
29100000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
37520000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
5162000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
140550000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
1845145000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
4084313000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
3056873000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
1470519000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
1212639000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
1543568000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
640562000 usd
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
13853619000 usd
CY2023 hope Current Period Gross Charge Offs Year One Originated Current Fiscal Year
CurrentPeriodGrossChargeOffsYearOneOriginatedCurrentFiscalYear
5114000 usd
CY2023 hope Current Period Gross Charge Offs Year Two Originated Fiscal Year Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
12638000 usd
CY2023 hope Current Period Gross Charge Offs Year Three Originated Two Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
16020000 usd
CY2023 hope Current Period Gross Charge Offs Year Four Originated Three Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
361000 usd
CY2023 hope Current Period Gross Charge Offs Year Five Originated Four Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
537000 usd
CY2023 hope Current Period Gross Charge Offs Originated More Than Five Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
2480000 usd
CY2023 hope Current Period Gross Charge Offs Revolving
CurrentPeriodGrossChargeOffsRevolving
370000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
37520000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
5143826000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
3631392000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
1696989000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
1435748000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
1176479000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
1326792000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
992314000 usd
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
15403540000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 usd
CY2023 hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
421395000 usd
CY2022 hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
311535000 usd
CY2021 hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
472598000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
28143000 usd
CY2023 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.0020
CY2023 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 modified_loan
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
41100000 usd
CY2022Q4 hope Financing Receivable Modifications Related Allowance
FinancingReceivableModificationsRelatedAllowance
2800000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
86200000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
92800000 usd
CY2023 us-gaap Loans And Leases Receivable Related Parties Period Increase Decrease
LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease
-4600000 usd
CY2023 hope Loans And Leases Related Party Payment
LoansAndLeasesRelatedPartyPayment
2100000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
464500000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
464500000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1500000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
829000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
121763000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
114498000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
71152000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
67639000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50611000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46859000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8400000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7900000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8200000 usd
CY2023 hope Lessee Operating Lease Optionto Extend Termof Extension
LesseeOperatingLeaseOptiontoExtendTermofExtension
P5Y
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
46611000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
55034000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14287000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13769000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
38383000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
45319000 usd
CY2023 hope Lessee Operating Lease Optionto Extend Numberof Leases Extended
LesseeOperatingLeaseOptiontoExtendNumberofLeasesExtended
10 lease
CY2023 hope Lessee Operating Lease Numberof New Leases Added
LesseeOperatingLeaseNumberofNewLeasesAdded
2 lease
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
2200000 usd
CY2023 hope Number Of Branches Consolidated
NumberOfBranchesConsolidated
7 security
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
15309000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
15455000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
15487000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
3341000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
4617000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
3205000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
143000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
687000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
456000 usd
CY2021 us-gaap Lease Cost
LeaseCost
18236000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
15940000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
15830000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y1M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0279
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0244
CY2023Q4 hope Contractual Maturities250000 Or More After12 Months
ContractualMaturities250000OrMoreAfter12Months
8765000 usd
CY2023Q4 hope Time Deposits250000or More
TimeDeposits250000orMore
2240547000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
15524000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13950000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13252000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7745000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2943000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2542000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
55956000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3286000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
52670000 usd
CY2023 hope Number Of Operating Leases Not Yet Commenced
NumberOfOperatingLeasesNotYetCommenced
0 lease
CY2023Q4 us-gaap Deposits
Deposits
14750000000 usd
CY2023 hope Increase Decrease In Deposit Liabilities Amount
IncreaseDecreaseInDepositLiabilitiesAmount
-985000000 usd
CY2023 hope Increase Decrease In Deposit Liabilities Percentage
IncreaseDecreaseInDepositLiabilitiesPercentage
-0.063
CY2022Q4 us-gaap Deposits
Deposits
15740000000 usd
CY2023Q4 hope Time Deposits250000or More
TimeDeposits250000orMore
2240000000 usd
CY2022Q4 hope Time Deposits250000or More
TimeDeposits250000orMore
2390000000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
1540000000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
1180000000 usd
CY2023Q4 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
2000000 usd
CY2022Q4 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
1900000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
5910485000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
12914000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
6742000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
508000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
18646000 usd
CY2023Q4 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
17462000 usd
CY2023Q4 us-gaap Time Deposits
TimeDeposits
5966757000 usd
CY2023Q4 hope Contractual Maturities Time Deposits250000 Or More Three Months Or Less
ContractualMaturitiesTimeDeposits250000OrMoreThreeMonthsOrLess
625801000 usd
CY2023Q4 hope Contractual Maturities Time Deposits250000 Or More Three Months Through Six Months
ContractualMaturitiesTimeDeposits250000OrMoreThreeMonthsThroughSixMonths
654165000 usd
CY2023Q4 hope Contractual Maturities Time Deposits250000 Or More Six Months Through Twelve Months
ContractualMaturitiesTimeDeposits250000OrMoreSixMonthsThroughTwelveMonths
951816000 usd
CY2023 us-gaap Interest Expense Money Market Deposits
InterestExpenseMoneyMarketDeposits
152893000 usd
CY2022 us-gaap Interest Expense Money Market Deposits
InterestExpenseMoneyMarketDeposits
68961000 usd
CY2021 us-gaap Interest Expense Money Market Deposits
InterestExpenseMoneyMarketDeposits
22867000 usd
CY2023 us-gaap Interest Expense Savings Deposits
InterestExpenseSavingsDeposits
8858000 usd
CY2022 us-gaap Interest Expense Savings Deposits
InterestExpenseSavingsDeposits
3802000 usd
CY2021 us-gaap Interest Expense Savings Deposits
InterestExpenseSavingsDeposits
3623000 usd
CY2023 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
279480000 usd
CY2022 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
42076000 usd
CY2021 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
15521000 usd
CY2023 us-gaap Interest Expense Deposits
InterestExpenseDeposits
441231000 usd
CY2022 us-gaap Interest Expense Deposits
InterestExpenseDeposits
114839000 usd
CY2021 us-gaap Interest Expense Deposits
InterestExpenseDeposits
42011000 usd
CY2023Q4 hope Fhlb And Frb Borrowings
FHLBAndFRBBorrowings
1800000000 usd
CY2022Q4 hope Fhlb And Frb Borrowings
FHLBAndFRBBorrowings
865000000 usd
CY2023Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
6817761000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1795726000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0454 rate
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
5022035000 usd
CY2022Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
5704515000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
865000000 usd
CY2022Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0374 rate
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
4839515000 usd
CY2023Q4 hope Federal Home Loan Bank Advances Maximum Borrowing Capacity Percent Of Assets
FederalHomeLoanBankAdvancesMaximumBorrowingCapacityPercentOfAssets
0.25
CY2023Q4 hope Federal Home Loan Bank Advances Pledged Collateral Percent Outstanding Advances
FederalHomeLoanBankAdvancesPledgedCollateralPercentOutstandingAdvances
1
CY2023Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary By Interest Rate Type Fixed Rate
FederalHomeLoanBankAdvancesMaturitiesSummaryByInterestRateTypeFixedRate
100000000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
197100000 usd
CY2023 hope Repayment Of Convertible Debt Principal
RepaymentOfConvertibleDebtPrincipal
19900000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
405000 usd
CY2023Q4 hope Number Of Grantor Trusts Issuing Securities
NumberOfGrantorTrustsIssuingSecurities
9 grantortrust
CY2023Q4 hope Trust Preferred Security Amount
TrustPreferredSecurityAmount
126000000 usd
CY2023 hope Subordinated Borrowing Rightto Defer Consecutive Paymentsof Interest Term Maximum
SubordinatedBorrowingRighttoDeferConsecutivePaymentsofInterestTermMaximum
P5Y
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
22076000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3158000 usd
CY2023 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
25234000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17998000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
982000 usd
CY2023 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
18980000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
40074000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4140000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44214000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
52676000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-6366000 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
46310000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
34050000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2589000 usd
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
31461000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
86726000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8955000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77771000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
28382000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
12599000 usd
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
40981000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
22692000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
7027000 usd
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
29719000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
51074000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
19626000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70700000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0879
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0858
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0859
CY2023 hope Effective Income Tax Rate Reconciliation Tax Credits Investment Percent
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestmentPercent
0.0467
CY2022 hope Effective Income Tax Rate Reconciliation Tax Credits Investment Percent
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestmentPercent
0.0299
CY2021 hope Effective Income Tax Rate Reconciliation Tax Credits Investment Percent
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestmentPercent
0.0375
CY2023 hope Effective Income Tax Rate Reconciliation Tax Credit Bank Owned Percent Life Insurance
EffectiveIncomeTaxRateReconciliationTaxCreditBankOwnedPercentLifeInsurance
0.0024
CY2022 hope Effective Income Tax Rate Reconciliation Tax Credit Bank Owned Percent Life Insurance
EffectiveIncomeTaxRateReconciliationTaxCreditBankOwnedPercentLifeInsurance
0.0022
CY2021 hope Effective Income Tax Rate Reconciliation Tax Credit Bank Owned Percent Life Insurance
EffectiveIncomeTaxRateReconciliationTaxCreditBankOwnedPercentLifeInsurance
0.0017
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0082
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0026
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0017
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.0002
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.0015
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.0004
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.0059
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.0023
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.0007
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0137
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0024
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0015
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2486
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2627
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2568
CY2023Q4 hope Deferred Tax Assets Depreciation
DeferredTaxAssetsDepreciation
651000 usd
CY2022Q4 hope Deferred Tax Assets Depreciation
DeferredTaxAssetsDepreciation
0 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
50402000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
53225000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1238000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1396000 usd
CY2023Q4 hope Deferred Tax Assets Investment Security Provision
DeferredTaxAssetsInvestmentSecurityProvision
607000 usd
CY2022Q4 hope Deferred Tax Assets Investment Security Provision
DeferredTaxAssetsInvestmentSecurityProvision
469000 usd
CY2023Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
2962000 usd
CY2022Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
5210000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
28000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
45000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
113000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
107000 usd
CY2023Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
4000 usd
CY2022Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
3000 usd
CY2023Q4 hope Deferred Tax Assets Nonaccrual Loan Interest
DeferredTaxAssetsNonaccrualLoanInterest
4246000 usd
CY2022Q4 hope Deferred Tax Assets Nonaccrual Loan Interest
DeferredTaxAssetsNonaccrualLoanInterest
4044000 usd
CY2023Q4 hope Deferred Tax Assets Other Real Estate Owned
DeferredTaxAssetsOtherRealEstateOwned
14000 usd
CY2022Q4 hope Deferred Tax Assets Other Real Estate Owned
DeferredTaxAssetsOtherRealEstateOwned
455000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3902000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4322000 usd
CY2023Q4 hope Deferred Tax Assets Lease Expense Right Of Use Asset
DeferredTaxAssetsLeaseExpenseRightOfUseAsset
16734000 usd
CY2022Q4 hope Deferred Tax Assets Lease Expense Right Of Use Asset
DeferredTaxAssetsLeaseExpenseRightOfUseAsset
18751000 usd
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
85386000 usd
CY2022Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
96319000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
7132000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
8178000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
173419000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
192524000 usd
CY2023Q4 hope Deferred Tax Liabilities Purchase Accounting Fair Value Adjustment
DeferredTaxLiabilitiesPurchaseAccountingFairValueAdjustment
7667000 usd
CY2022Q4 hope Deferred Tax Liabilities Purchase Accounting Fair Value Adjustment
DeferredTaxLiabilitiesPurchaseAccountingFairValueAdjustment
6583000 usd
CY2023Q4 hope Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
0 usd
CY2022Q4 hope Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
293000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
79000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
332000 usd
CY2023Q4 hope Deferred Tax Liabilities Deferred Loan Costs
DeferredTaxLiabilitiesDeferredLoanCosts
8410000 usd
CY2022Q4 hope Deferred Tax Liabilities Deferred Loan Costs
DeferredTaxLiabilitiesDeferredLoanCosts
9983000 usd
CY2023Q4 hope Deferred Tax Liabilities State Taxes Deferred And Other
DeferredTaxLiabilitiesStateTaxesDeferredAndOther
3660000 usd
CY2022Q4 hope Deferred Tax Liabilities State Taxes Deferred And Other
DeferredTaxLiabilitiesStateTaxesDeferredAndOther
3875000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
2228000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1677000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1351000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1908000 usd
CY2023Q4 hope Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
14809000 usd
CY2022Q4 hope Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
17464000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
38204000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
42115000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
135215000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
150409000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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ProvisionForLoanLossesExpensed
8200000 usd
CY2022Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
144176000 usd
CY2022Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
138338000 usd
CY2022Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
143986000 usd
CY2022Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
142321000 usd
CY2022Q1 us-gaap Noninterest Income
NoninterestIncome
13186000 usd
CY2022Q2 us-gaap Noninterest Income
NoninterestIncome
12746000 usd
CY2022Q3 us-gaap Noninterest Income
NoninterestIncome
13355000 usd
CY2022Q4 us-gaap Noninterest Income
NoninterestIncome
12110000 usd
CY2022Q1 us-gaap Noninterest Expense
NoninterestExpense
75373000 usd
CY2022Q2 us-gaap Noninterest Expense
NoninterestExpense
80365000 usd
CY2022Q3 us-gaap Noninterest Expense
NoninterestExpense
83914000 usd
CY2022Q4 us-gaap Noninterest Expense
NoninterestExpense
84518000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
81989000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
70719000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
73427000 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
69913000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21251000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18631000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19679000 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18210000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
60738000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
52088000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
53748000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
51703000 usd
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43

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