2024 Q4 Form 10-Q Financial Statement

#000112836124000039 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $235.1M
YoY Change -14.76%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $3.112M
YoY Change 7.64%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $3.112M
YoY Change 7.64%
Operating Profit
YoY Change
Interest Expense $130.3M
YoY Change -7.22%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $32.10M
YoY Change -19.75%
Income Tax $7.941M
% Of Pretax Income 24.74%
Net Earnings $24.16M
YoY Change -19.6%
Net Earnings / Revenue 10.28%
Basic Earnings Per Share $0.20
Diluted Earnings Per Share $0.20
COMMON SHARES
Basic Shares Outstanding 120.7M shares 120.7M shares
Diluted Shares Outstanding 121.2M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $680.9M
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 $51.54M
YoY Change -0.43%
Goodwill $464.5M
YoY Change 0.0%
Intangibles $2.732M
YoY Change -37.65%
Long-Term Investments $72.92M
YoY Change -14.21%
Other Assets $122.5M
YoY Change -26.18%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $17.35B
YoY Change -13.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $107.0M
YoY Change -35.92%
Accrued Expenses $47.02M
YoY Change -16.04%
Deferred Revenue
YoY Change
Short-Term Debt $100.0M
YoY Change -94.43%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $107.0M
YoY Change -52.01%
LONG-TERM LIABILITIES
Long-Term Debt $109.2M
YoY Change 1.16%
Other Long-Term Liabilities $138.6M
YoY Change -22.55%
Total Long-Term Liabilities $247.9M
YoY Change -13.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $107.0M
Total Long-Term Liabilities $247.9M
Total Liabilities $15.18B
YoY Change -15.86%
SHAREHOLDERS EQUITY
Retained Earnings $1.174B
YoY Change 2.91%
Common Stock $138.0K
YoY Change 0.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.170B
YoY Change
Total Liabilities & Shareholders Equity $17.35B
YoY Change -13.56%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $24.16M
YoY Change -19.6%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $63.04M
YoY Change -67.3%
INVESTING ACTIVITIES
Capital Expenditures $2.900M
YoY Change -14.71%
Acquisitions
YoY Change
Other Investing Activities $35.59M
YoY Change -90.36%
Cash From Investing Activities $32.69M
YoY Change -91.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -68.92M
YoY Change -80.89%
NET CHANGE
Cash From Operating Activities 63.04M
Cash From Investing Activities 32.69M
Cash From Financing Activities -68.92M
Net Change In Cash 26.81M
YoY Change -86.46%
FREE CASH FLOW
Cash From Operating Activities $63.04M
Capital Expenditures $2.900M
Free Cash Flow $60.14M
YoY Change -68.25%

Facts In Submission

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CY2024Q3 hope Interest Income From Cash And Deposits At Other Banks
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2651000 usd
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2415000 usd
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2441000 usd
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CY2023Q3 hope Swap Fees Income
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2722000 usd
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4702000 usd
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us-gaap Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment
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us-gaap Communications And Information Technology
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CY2023Q3 us-gaap Professional Fees
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2111000 usd
us-gaap Professional Fees
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us-gaap Professional Fees
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5070000 usd
CY2024Q3 hope Losson Investmentsin Affordable Housing Partnership
LossonInvestmentsinAffordableHousingPartnership
2206000 usd
CY2023Q3 hope Losson Investmentsin Affordable Housing Partnership
LossonInvestmentsinAffordableHousingPartnership
1933000 usd
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5561000 usd
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FederalDepositInsuranceCorporationPremiumExpense
10155000 usd
CY2024Q3 hope Fdic Special Assessment
FDICSpecialAssessment
0 usd
CY2023Q3 hope Fdic Special Assessment
FDICSpecialAssessment
0 usd
hope Fdic Special Assessment
FDICSpecialAssessment
691000 usd
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CY2024Q3 hope Earnings Credit Rebate
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6869000 usd
CY2023Q3 hope Earnings Credit Rebate
EarningsCreditRebate
6377000 usd
hope Earnings Credit Rebate
EarningsCreditRebate
18842000 usd
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EarningsCreditRebate
15894000 usd
CY2024Q3 us-gaap Restructuring Costs
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197000 usd
CY2023Q3 us-gaap Restructuring Costs
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500000 usd
us-gaap Restructuring Costs
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1175000 usd
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CY2023Q3 us-gaap Business Combination Acquisition Related Costs
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BusinessCombinationAcquisitionRelatedCosts
3869000 usd
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BusinessCombinationAcquisitionRelatedCosts
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18738000 usd
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CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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32100000 usd
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CY2024Q3 us-gaap Income Tax Expense Benefit
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CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2024Q3 us-gaap Net Income Loss
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CY2023Q2 us-gaap Stockholders Equity
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CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2023Q4 us-gaap Common Stock Shares Authorized
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2030000 usd
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us-gaap Proceeds From Sale Of Loans Held For Investment
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us-gaap Payments To Acquire Federal Home Loan Bank Stock
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4650000 usd
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
0 usd
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
6030000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7547000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11123000 usd
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
0 usd
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
11000000 usd
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 usd
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
587000 usd
hope Paymentsfor Investmentsin Affordable Housing Partnerships
PaymentsforInvestmentsinAffordableHousingPartnerships
3157000 usd
hope Paymentsfor Investmentsin Affordable Housing Partnerships
PaymentsforInvestmentsinAffordableHousingPartnerships
2852000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
458861000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
936508000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-24255000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1058000 usd
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
400000000 usd
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
5350000000 usd
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
400000000 usd
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
5850000000 usd
hope Proceeds From Frb Borrowings Financing Activities
ProceedsFromFRBBorrowingsFinancingActivities
786100000 usd
hope Proceeds From Frb Borrowings Financing Activities
ProceedsFromFRBBorrowingsFinancingActivities
36104000000 usd
hope Repayment Of Frb Borrowings Financing Activities
RepaymentOfFRBBorrowingsFinancingActivities
2481826000 usd
hope Repayment Of Frb Borrowings Financing Activities
RepaymentOfFRBBorrowingsFinancingActivities
34673274000 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
19534000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
197107000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1774054000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1248110000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1928967000 usd
us-gaap Interest Paid Net
InterestPaidNet
461820000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
27630000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 usd
hope Financing Receivable Reclassification From Held For Sale
FinancingReceivableReclassificationFromHeldForSale
22400000 usd
hope Lease Liabilities Arisingfrom Obtaining Rightof Use Assets
LeaseLiabilitiesArisingfromObtainingRightofUseAssets
5490000 usd
hope Lease Liabilities Arisingfrom Obtaining Rightof Use Assets
LeaseLiabilitiesArisingfromObtainingRightofUseAssets
7606000 usd
us-gaap Nature Of Operations
NatureOfOperations
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:28.5pt">Hope Bancorp, Inc.</span><div style="margin-top:8pt;text-align:justify;text-indent:18pt"><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”). At September 30, 2024, the Bank had 48 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. 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. </span></div><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-weight:400;line-height:120%">On March 28, 2024, the Bank entered into a Purchase and Assumption Agreement with PromiseOne Bank, a Georgia state bank, to sell the deposits, other liabilities and certain physical assets of the Bank’s two branches located in Virginia (Annandale and Centreville). The transaction was completed on October 1, 2024.</span></div><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-weight:400;line-height:120%">On April 26, 2024, the Company entered into a merger agreement with Territorial Bancorp Inc. (“Territorial”), headquartered in Honolulu, Hawaii. Under the terms of the merger agreement, assuming the transaction is consummated, Territorial will merge with and into the Company, immediately followed by the merger of Territorial’s subsidiary bank, Territorial Savings Bank, with and into the Company’s subsidiary bank, Bank of Hope. If the transaction is completed, Territorial shareholders will receive a fixed exchange ratio of 0.8048 shares of the Company’s common stock in exchange for each share of Territorial common stock they own. Based on the closing price of the Company’s common stock on April 26, 2024, this represented a value of $8.82 per share of Territorial common stock, although the actual value will be determined upon the completion of the merger. Following the completion of the pending transaction, the legacy Territorial franchise in Hawaii will continue to do business under the Territorial brand, as a trade name of Bank of Hope.</span></div>
CY2024Q3 hope Entity Number Of Branches
EntityNumberOfBranches
48 branch
CY2024Q3 hope Number Of Loan Production Offices
NumberOfLoanProductionOffices
9 office
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.
CY2024Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
444000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
24159000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120734581 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
30049000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120020567 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
425396 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
354051 shares
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
24159000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
121159977 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
30049000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120374618 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Net Income Loss
NetIncomeLoss
107192000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119843382 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
498258 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
406570 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
107192000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120249952 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2023Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-134000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
92000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-134000 usd
CY2024Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 usd
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 usd
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-134000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
92000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-134000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
39400000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0 usd
CY2023Q3 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
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
CY2024Q3 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
7500000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
11000000.0 usd
CY2024Q3 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
65105000 usd
CY2023Q3 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
157692000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 usd
CY2024Q3 hope Debt Securities Available For Sale Gain On Sales
DebtSecuritiesAvailableForSaleGainOnSales
543000 usd
CY2023Q3 hope Debt Securities Available For Sale Gain On Sales
DebtSecuritiesAvailableForSaleGainOnSales
0 usd
hope Debt Securities Available For Sale Gain On Sales
DebtSecuritiesAvailableForSaleGainOnSales
2069000 usd
hope Debt Securities Available For Sale Gain On Sales
DebtSecuritiesAvailableForSaleGainOnSales
0 usd
CY2024Q3 hope Debt Securities Available For Sale Loss On Sales
DebtSecuritiesAvailableForSaleLossOnSales
869000 usd
CY2023Q3 hope Debt Securities Available For Sale Loss On Sales
DebtSecuritiesAvailableForSaleLossOnSales
0 usd
hope Debt Securities Available For Sale Loss On Sales
DebtSecuritiesAvailableForSaleLossOnSales
1970000 usd
hope Debt Securities Available For Sale Loss On Sales
DebtSecuritiesAvailableForSaleLossOnSales
0 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-326000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 usd
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
99000 usd
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 usd
CY2024Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
15948000 usd
CY2023Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
15884000 usd
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
48896000 usd
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
44396000 usd
CY2024Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
793000 usd
CY2023Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1122000 usd
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2723000 usd
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3269000 usd
CY2024Q3 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
16741000 usd
CY2023Q3 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
17006000 usd
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
51619000 usd
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
47665000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
0 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
0 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
143758000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
138873000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
24930000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
24803000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
140052000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
134267000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
8770000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
8650000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
1876134000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
1647841000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
222620000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
212778000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2159944000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1920981000 usd
CY2024Q3 hope Debt Securities Held To Maturity Amortized Cost Before Allowance For Credit Losses Without Single Maturity
DebtSecuritiesHeldToMaturityAmortizedCostBeforeAllowanceForCreditLossesWithoutSingleMaturity
256320000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
246231000 usd
CY2024Q3 hope Debt Securities Available For Sale And Held To Maturity Restricted
DebtSecuritiesAvailableForSaleAndHeldToMaturityRestricted
223700000 usd
CY2023Q4 hope Debt Securities Available For Sale And Held To Maturity Restricted
DebtSecuritiesAvailableForSaleAndHeldToMaturityRestricted
1700000000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
16 security
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
109543000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1689000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
261 security
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1529130000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
242475000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
277 security
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1638673000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
244164000 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 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
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
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
13617988000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
13853619000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
153270000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
158694000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13464718000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13694925000 usd
CY2024Q3 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
1300000 usd
CY2023Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
6100000 usd
hope Number Of Loan Portfolio Segments
NumberOfLoanPortfolioSegments
4 segment
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
13620000000 usd
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
-235600000 usd
hope Increase Decrease In Financing Receivable Percentage
IncreaseDecreaseInFinancingReceivablePercentage
-0.017
CY2024Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
25700000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3400000 usd
CY2024Q3 hope Financing Receivable Held For Sale Allowance For Credit Loss
FinancingReceivableHeldForSaleAllowanceForCreditLoss
1600000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
156019000 usd
CY2024Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
3000000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
6283000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
534000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
153270000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
158694000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
8300000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
17541000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3817000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
153270000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
172996000 usd
CY2023Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
16800000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
33925000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2938000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
158809000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
162359000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
27400000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
35399000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
4856000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
8103000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
145167000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
153270000 usd
CY2024Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
103493000 usd
CY2024Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
13514495000 usd
CY2024Q3 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
13617988000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2660000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
156034000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
158694000 usd
CY2023Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
45204000 usd
CY2023Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
13808415000 usd
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
13853619000 usd
CY2024Q3 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
2800000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
3800000 usd
CY2024Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
280000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-1000000 usd
CY2023Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
62000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
1800000 usd
hope Threshold Period Past Duefor Nonaccrual Statusof Financing Receivable
ThresholdPeriodPastDueforNonaccrualStatusofFinancingReceivable
P90D
hope Threshold Period Past Duefor Nonaccrual Statusof Financing Receivable
ThresholdPeriodPastDueforNonaccrualStatusofFinancingReceivable
P90D
CY2024Q3 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
26568000 usd
CY2024Q3 hope Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
77034000 usd
CY2024Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
103602000 usd
CY2024Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
226000 usd
CY2023Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
32173000 usd
CY2023Q4 hope Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
13031000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
45204000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
261000 usd
CY2024Q3 hope Small Business Administration Loans In Liquidation Excluded From Nonaccrual Loans
SmallBusinessAdministrationLoansInLiquidationExcludedFromNonaccrualLoans
13100000 usd
CY2023Q4 hope Small Business Administration Loans In Liquidation Excluded From Nonaccrual Loans
SmallBusinessAdministrationLoansInLiquidationExcludedFromNonaccrualLoans
11400000 usd
CY2024Q3 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
43100000 usd
us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
1975000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
1870669000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
1351750000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
3662767000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
2642197000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
1301737000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
2026516000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
762352000 usd
CY2024Q3 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
13617988000 usd
hope Current Period Gross Charge Offs Year One Originated Current Fiscal Year
CurrentPeriodGrossChargeOffsYearOneOriginatedCurrentFiscalYear
0 usd
hope Current Period Gross Charge Offs Year Two Originated Fiscal Year Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
319000 usd
hope Current Period Gross Charge Offs Year Three Originated Two Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
15998000 usd
hope Current Period Gross Charge Offs Year Four Originated Three Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
107000 usd
hope Current Period Gross Charge Offs Year Five Originated Four Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
101000 usd
hope Current Period Gross Charge Offs Originated More Than Five Years Before Current Fiscal Year
CurrentPeriodGrossChargeOffsOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
781000 usd
hope Current Period Gross Charge Offs Revolving
CurrentPeriodGrossChargeOffsRevolving
235000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
17541000 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
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 usd
CY2024Q3 hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
30800000 usd
CY2023Q3 hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
145027000 usd
hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
140994000 usd
hope Financing Receivable Sale Or Reclassification To Held For Sale
FinancingReceivableSaleOrReclassificationToHeldForSale
382286000 usd
hope Financing Receivable Period At Which Point Loss Assumptions Revert Back To Historical Loss Information
FinancingReceivablePeriodAtWhichPointLossAssumptionsRevertBackToHistoricalLossInformation
P2Y
hope Financing Receivable Reversion Period
FinancingReceivableReversionPeriod
P1Y
CY2024Q3 hope Financing Receivable Non Modeled Loans As Percentage Of Total Loan Portfolio
FinancingReceivableNonModeledLoansAsPercentageOfTotalLoanPortfolio
0.02
CY2024Q3 hope Positive Or Negative Qualitative Adjustment Of Loss Migration Ratio Or Individual Specific Reserve Allocations In Basis Points
PositiveOrNegativeQualitativeAdjustmentOfLossMigrationRatioOrIndividualSpecificReserveAllocationsInBasisPoints
0.0025
CY2024Q3 hope Financing Receivable Balance Threshold To Determine Individual Evaluation For Impairment
FinancingReceivableBalanceThresholdToDetermineIndividualEvaluationForImpairment
1000000 usd
CY2024Q3 hope Financing Receivable Balance Threshold To Determine Individual Evaluation For Impairment
FinancingReceivableBalanceThresholdToDetermineIndividualEvaluationForImpairment
1000000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
26745000 usd
CY2024Q3 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.0020
us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
43295000 usd
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.0032
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.0032
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
3418000 usd
CY2023Q3 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.0002
us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
26568000 usd
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.0019
us-gaap Financing Receivable Excluding Accrued Interest Modified Subsequent Default
FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault
0 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Modified Subsequent Default
FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Modified Subsequent Default
FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault
0 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Modified Subsequent Default
FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault
0 usd
hope Lessee Operating Lease Optionto Extend Termof Extension
LesseeOperatingLeaseOptiontoExtendTermofExtension
P5Y
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
42071000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
46611000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14053000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14287000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
32962000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
38383000 usd
hope Lessee Operating Lease Optionto Extend Numberof Leases Extended
LesseeOperatingLeaseOptiontoExtendNumberofLeasesExtended
7 lease
hope Lessee Operating Lease Numberof New Leases Added
LesseeOperatingLeaseNumberofNewLeasesAdded
0 lease
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
-93000 usd
hope Number Of Branches Consolidated
NumberOfBranchesConsolidated
1 branch
CY2024Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3632000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3852000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
10849000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
11518000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
1004000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
946000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
2679000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
2549000 usd
CY2024Q3 us-gaap Sublease Income
SubleaseIncome
70000 usd
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
29000 usd
us-gaap Sublease Income
SubleaseIncome
173000 usd
us-gaap Sublease Income
SubleaseIncome
121000 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
4566000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
4769000 usd
us-gaap Lease Cost
LeaseCost
13355000 usd
us-gaap Lease Cost
LeaseCost
13946000 usd
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
4300000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
12700000 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
4500000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
13600000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
11795000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
11968000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5490000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7606000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y2M12D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0307
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0275
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3948000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14981000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14338000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8834000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4052000 usd
CY2024Q3 hope Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
3862000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
50015000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3000000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
47015000 usd
hope Number Of Operating Leases Not Yet Commenced
NumberOfOperatingLeasesNotYetCommenced
0 lease
CY2024Q3 us-gaap Deposits
Deposits
14730000000 usd
hope Increase Decrease In Deposit Liabilities Amount
IncreaseDecreaseInDepositLiabilitiesAmount
-24300000 usd
hope Increase Decrease In Deposit Liabilities Percentage
IncreaseDecreaseInDepositLiabilitiesPercentage
-0.002
CY2023Q4 us-gaap Deposits
Deposits
14750000000 usd
CY2024Q3 hope Time Deposits250000or More
TimeDeposits250000orMore
2680000000 usd
CY2023Q4 hope Time Deposits250000or More
TimeDeposits250000orMore
2240000000 usd
CY2024Q3 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
1010000000.00 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
1540000000 usd
CY2024Q3 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
2700000 usd
CY2023Q4 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
2000000.0 usd
CY2024Q3 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
3722985000 usd
CY2023Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
3914967000 usd
CY2024Q3 us-gaap Deposits Money Market Deposits And Negotiable Order Of Withdrawal Now
DepositsMoneyMarketDepositsAndNegotiableOrderOfWithdrawalNOW
4289042000 usd
CY2023Q4 us-gaap Deposits Money Market Deposits And Negotiable Order Of Withdrawal Now
DepositsMoneyMarketDepositsAndNegotiableOrderOfWithdrawalNOW
4169543000 usd
CY2024Q3 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
724263000 usd
CY2023Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
702486000 usd
CY2024Q3 us-gaap Time Deposits
TimeDeposits
5993208000 usd
CY2023Q4 us-gaap Time Deposits
TimeDeposits
5966757000 usd
CY2024Q3 us-gaap Deposits
Deposits
14729498000 usd
CY2024Q3 hope Percent Of Total Deposits Balance
PercentOfTotalDepositsBalance
1
CY2023Q4 us-gaap Deposits
Deposits
14753753000 usd
CY2023Q4 hope Percent Of Total Deposits Balance
PercentOfTotalDepositsBalance
1
CY2024Q3 hope Fhlb And Frb Borrowings
FHLBAndFRBBorrowings
100000000.0 usd
CY2023Q4 hope Fhlb And Frb Borrowings
FHLBAndFRBBorrowings
1800000000 usd
CY2024Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
4965071000 usd
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
100000000 usd
CY2024Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
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