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Condensed Financial Statements of Parent Company (Tables)
 12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Statements of Financial Condition
The following presents the unconsolidated condensed statements of financial condition for only the parent company, Hope Bancorp, at December 31, 2024 and 2023:
STATEMENTS OF FINANCIAL CONDITION
 December 31,
 20242023
 (Dollars in thousands)
ASSETS:
Cash and cash equivalents$20,798 $27,217 
Other assets11,524 11,503 
Investment in bank subsidiary2,212,861 2,191,747 
Total assets$2,245,183 $2,230,467 
LIABILITIES:
Convertible notes, net$444 $444 
Subordinated debentures, net109,140 107,825 
Accounts payable and other liabilities1,094 955 
Total liabilities110,678 109,224 
Stockholders’ equity2,134,505 2,121,243 
Total liabilities and stockholders’ equity$2,245,183 $2,230,467 
Statements of Income and Comprehensive Income
The following presents the unconsolidated condensed statements of income for only the parent company, Hope Bancorp, for the years ended December 31, 2024, 2023, and 2022:
STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
 Year Ended December 31,
 202420232022
 (Dollars in thousands)
Interest income$— $— $— 
Interest expense(10,821)(12,421)(11,330)
Noninterest income— 405 — 
Noninterest expense(11,348)(6,808)(7,212)
Dividends from subsidiary, net
75,000 260,500 133,000 
Equity in undistributed earnings of subsidiary40,282 (113,559)98,354 
Income before income tax benefit93,113 128,117 212,812 
Income tax benefit6,517 5,556 5,465 
Net income99,630 133,673 218,277 
Other comprehensive (loss) income, net of tax(23,134)26,119 (219,445)
Comprehensive income (loss)$76,496 $159,792 $(1,168)
Statements of Cash Flows
The following presents the unconsolidated condensed statements of cash flows for only the parent company, Hope Bancorp, for the years ended December 31, 2024, 2023, and 2022:
STATEMENTS OF CASH FLOWS
 Year Ended December 31,
 202420232022
 (Dollars in thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income$99,630 $133,673 $218,277 
Adjustments to reconcile net income to net cash from operating activities:
Amortization and capitalization1,315 1,602 2,150 
Stock-based compensation expense312 340 502 
Net gain on convertible notes repurchased— (405)— 
Change in other assets(22)186 (307)
Change in accounts payable and other liabilities139 (353)368 
Equity in undistributed earnings of bank subsidiary(40,282)113,559 (98,354)
Net cash provided by operating activities
61,092 248,602 122,636 
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of equity investments— — — 
Net cash provided by investing activities
— — — 
CASH FLOWS USED IN FINANCING ACTIVITIES:
Issuance of additional stock pursuant to various stock plans— 1 531 
Repurchase and repayment of convertible notes— (216,641)— 
Purchase of treasury stock— — (14,667)
Payments of cash dividends(67,511)(67,125)(67,126)
Net cash used in financing activities(67,511)(283,765)(81,262)
NET CHANGE IN CASH AND CASH EQUIVALENTS(6,419)(35,163)41,374 
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR27,217 62,380 21,006 
CASH AND CASH EQUIVALENTS, END OF YEAR$20,798 $27,217 $62,380