XML 63 R49.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Condensed Financial Information of Parent Company (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets of Parent Company |
| Year Ended December 31,
| 2018 |  | 2017
| (in thousands)
Assets |  |  |
Cash | $ | 7,450 |  |  | $ | 13,087 |
Investment in consolidated subsidiaries | 652,174 |  |  | 666,371 |
Other assets | 12,196 |  |  | 831 |
Total assets | $ | 671,820 |  |  | $ | 680,289 |
Liabilities and Stockholders’ Equity |  |  |
Liabilities: |  |  |
Subordinated debentures | $ | 117,808 |  |  | $ | 117,270 |
Other liabilities | 1,444 |  |  | 542 |
Total liabilities | 119,252 |  |  | 117,812 |
Stockholders’ equity | 552,568 |  |  | 562,477 |
Total liabilities and stockholders’ equity | $ | 671,820 |  |  | $ | 680,289 |
Statement of Income of Parent Company |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
| (in thousands)
Dividends from bank subsidiary | $ | 76,669 |  |  | $ | 22,619 |  |  | $ | 8,978 |
Interest expense | (6,925 | ) |  | (5,353 | ) |  | (825 | )
Other expense | (5,988 | ) |  | (5,291 | ) |  | (5,188 | )
Income before taxes and undistributed income | 63,756 |  |  | 11,975 |  |  | 2,965 |
Income tax benefit | 4,116 |  |  | 7,513 |  |  | 2,382 |
Income before undistributed income of subsidiary | 67,872 |  |  | 19,488 |  |  | 5,347 |
Equity in undistributed earnings of subsidiary | (10,004 | ) |  | 35,172 |  |  | 51,142 |
Net income | $ | 57,868 |  |  | $ | 54,660 |  |  | $ | 56,489 |
Statement of Cash Flows of Parent Company |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
| (in thousands)
Cash Flows from Operating Activities: |  |  |  |  |
Net income | $ | 57,868 |  |  | $ | 54,660 |  |  | $ | 56,489 |
Adjustments to reconcile net income to net cash used in operating activities: |  |  |  |  |
Undistributed earnings from subsidiary | 10,004 |  |  | (35,172 | ) |  | (51,141 | )
Amortization of subordinated debentures | 538 |  |  | 463 |  |  | 275 |
Share-based compensation expense | 3,515 |  |  | 2,893 |  |  | 3,008 |
Change in other assets and liabilities | (10,463 | ) |  | 5,156 |  |  | (95 | )
Net cash provided by operating activities | 61,462 |  |  | 28,000 |  |  | 8,536 |
Cash Flows from Investing Activities: |  |  |  |  |
Investment in Hanmi Bank | — |  |  | (90,000 | ) |  | — |
Net cash used in investing activities | — |  |  | (90,000 | ) |  | — |
Cash Flows from Financing Activities: |  |  |  |  |
Proceeds from exercise of stock options and stock warrants | 570 |  |  | 288 |  |  | 1,453 |
Proceeds from issuance of long-term debt | — |  |  | 97,828 |  |  | — |
Cash paid for repurchases of vested shares due to employee tax liability | (680 | ) |  | (1,103 | ) |  | (579 | )
Repurchase of common stock | (36,068 | ) |  | — |  |  | — |
Cash dividends paid | (30,921 | ) |  | (25,811 | ) |  | (21,185 | )
Net cash (used in) provided by financing activities | (67,099 | ) |  | 71,202 |  |  | (20,311 | )
Net (decrease) increase in cash | (5,637 | ) |  | 9,202 |  |  | (11,775 | )
Cash at beginning of year | 13,087 |  |  | 3,885 |  |  | 15,660 |
Cash at end of year | $ | 7,450 |  |  | $ | 13,087 |  |  | $ | 3,885 |

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration