XML 84 R74.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Derivative Financial Instruments - Narrative (Details) | 3 Months Ended | 6 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Sep. 30, 2022 USD ($) derivative | Sep. 30, 2021 USD ($) | Jun. 30, 2022 | Sep. 30, 2022 USD ($) derivative | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net | $ (511,000) |  |  | $ (561,000) |  |
Interest Expense | 35,996,000 | $ 12,570,000 |  | 63,978,000 | $ 41,911,000 |
Risk participation agreement | Not Designated as Hedging Instrument |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 127,400,000 |  |  | 127,400,000 |  | $ 123,900,000
Credit valuation adjustment | 20,000 |  |  | 20,000 |  | 93,000
Interest rate swaps | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Interest Expense |  | $ (88,000) |  |  | $ (227,000) |
Interest rate swaps | Not Designated as Hedging Instrument | Other assets | Correspondent Banks |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 988,492,000 |  |  | $ 988,492,000 |  | 148,199,000
Weighted average remaining term (years) |  |  | 7 years 2 months 12 days | 5 years 2 months 12 days |  |
Interest rate swaps | Not Designated as Hedging Instrument | Other assets | Customers |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 15,969,000 |  |  | $ 15,969,000 |  | 440,486,000
Weighted average remaining term (years) |  |  | 6 years 1 month 6 days | 10 years |  |
Interest rate swaps | Not Designated as Hedging Instrument | Other liabilities | Correspondent Banks |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 15,969,000 |  |  | $ 15,969,000 |  | 440,486,000
Weighted average remaining term (years) |  |  | 6 years 1 month 6 days | 10 years |  |
Interest rate swaps | Not Designated as Hedging Instrument | Other liabilities | Customers |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 988,492,000 |  |  | $ 988,492,000 |  | 148,199,000
Weighted average remaining term (years) |  |  | 7 years 2 months 12 days | 5 years 2 months 12 days |  |
Interest rate swaps | Designated as Hedging Instrument | Other assets |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 100,000,000 |  |  | $ 100,000,000 |  | 100,000,000
Weighted average remaining term (years) |  |  | 3 years 3 months 18 days | 2 years 6 months |  |
Interest rate swaps | Designated as Hedging Instrument | Cash Flow Hedge |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | $ 100,000,000 |  |  | $ 100,000,000 |  | $ 100,000,000
Number of derivative instruments held | derivative | 1 |  |  | 1 |  | 1
Interest Rate Swap, forward starting | Designated as Hedging Instrument | Cash Flow Hedge |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | $ 475,000,000 |  |  | $ 475,000,000 |  |
Weighted average remaining term (years) | 4 years 6 months |  |  |  |  |
Interest Rate Lock Commitments |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | $ 1,500,000 |  |  | 1,500,000 |  | $ 17,400,000
Foreign Exchange Contract | Not Designated as Hedging Instrument |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Gain (loss) on fair value of foreign exchange contracts | 9,000 |  |  | 9,000 |  |
Foreign exchange contracts |  |  |  |  |  | $ 0
Foreign Exchange Contract | Not Designated as Hedging Instrument | Other assets | Correspondent Banks |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 2,600,000 |  |  | 2,600,000 |  |
Foreign exchange contracts | 130,000 |  |  | 130,000 |  |
Foreign Exchange Contract | Not Designated as Hedging Instrument | Other assets | Customers |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 338,000 |  |  | 338,000 |  |
Foreign exchange contracts | 21,000 |  |  | 21,000 |  |
Foreign Exchange Contract | Not Designated as Hedging Instrument | Other liabilities | Correspondent Banks |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 338,000 |  |  | 338,000 |  |
Foreign exchange contracts | (21,000) |  |  | (21,000) |  |
Foreign Exchange Contract | Not Designated as Hedging Instrument | Other liabilities | Customers |  |  |  |  |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |  |  |  |  |
Notional amount | 2,600,000 |  |  | 2,600,000 |  |
Foreign exchange contracts | $ (122,000) |  |  | $ (122,000) |  |

X
- Definition Average remaining period until maturity of the derivative contract, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeAverageRemainingMaturity1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of credit risk valuation adjustment to derivative liabilities to properly reflect the credit quality of the entity. + References No definition available. + Details
Name: | us-gaap_DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosuresLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of derivative instruments of a particular group held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959 + Details
Name: | us-gaap_DerivativeNumberOfInstrumentsHeld
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of gain (loss) recognized in earnings in the period from the increase (decrease) in fair value of foreign currency derivatives not designated as hedging instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (210.5-03(11)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of net gains or losses on interest rate cash flow hedges reclassified during the period to earnings from accumulated other comprehensive income upon the hedged transaction affecting earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Net fair value of all derivative instruments not designated as a hedging instrument. + References No definition available. + Details
Name: | us-gaap_OtherDerivativesNotDesignatedAsHedgingInstrumentsAtFairValueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=hope_RiskParticipationAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=hope_CorrespondentBanksMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=hope_CustomersMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=hope_InterestRateSwapForwardStartingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateLockCommitmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |