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Regulatory Matters | 3 Months Ended
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Mar. 31, 2019
Banking and Thrift [Abstract] |
Regulatory Matters | Regulatory Matters Federal bank regulatory agencies require bank holding companies and banks to maintain a minimum ratio of qualifying total capital to risk-weighted assets of 8.0 percent and a minimum ratio of Tier 1 capital to risk-weighted assets of 6.0 percent. In addition to the risk-based guidelines, federal bank regulatory agencies require bank holding companies and banks to maintain a minimum ratio of Tier 1 capital to average assets, referred to as the leverage ratio, of 4.0 percent. In order for banks to be considered “well capitalized,” federal bank regulatory agencies require a minimum ratio of qualifying total capital to risk-weighted assets of 10.0 percent and a minimum ratio of Tier 1 capital to risk-weighted assets of 8.0 percent. In addition to the risk-based guidelines, federal bank regulatory agencies require depository institutions to maintain a minimum ratio of Tier 1 capital to average assets, referred to as the leverage ratio, of 5.0 percent. At March 31, 2019, the Bank’s capital ratios exceeded the minimum requirements to place the Bank in the “well capitalized” category and the Company exceeded all of its applicable minimum regulatory capital ratio requirements. A capital conservation buffer of 2.5% became effective on January 1, 2019, and must be met to avoid limitations on the ability of the Bank to pay dividends, repurchase shares or pay discretionary bonuses. The Bank's capital conservation buffer was 6.37% and 6.19% and the Company's capital conservation buffer was 5.94% and 5.74% as of March 31, 2019 and December 31, 2018, respectively. The capital ratios of Hanmi Financial and the Bank as of March 31, 2019 and December 31, 2018 were as follows:
| Actual |  | Minimum Regulatory Requirement |  | Minimum to Be Categorized as “Well Capitalized”
| Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
| (dollars in thousands)
March 31, 2019 |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk-weighted assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 667,875 |  |  | 14.17 | % |  | $ | 377,044 |  |  | 8.00 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 676,526 |  |  | 14.37 | % |  | $ | 376,735 |  |  | 8.00 | % |  | $ | 470,919 |  |  | 10.00 | %
Tier 1 capital (to risk-weighted assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 562,650 |  |  | 11.94 | % |  | $ | 282,783 |  |  | 6.00 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 642,529 |  |  | 13.64 | % |  | $ | 282,551 |  |  | 6.00 | % |  | $ | 376,735 |  |  | 8.00 | %
Common equity Tier 1 capital (to risk-weighted assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 542,895 |  |  | 11.52 | % |  | $ | 212,087 |  |  | 4.50 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 642,529 |  |  | 13.64 | % |  | $ | 211,913 |  |  | 4.50 | % |  | $ | 306,097 |  |  | 6.50 | %
Tier 1 capital (to average assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 562,650 |  |  | 10.39 | % |  | $ | 216,708 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 642,529 |  |  | 11.88 | % |  | $ | 216,428 |  |  | 4.00 | % |  | $ | 270,535 |  |  | 5.00 | %
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk-weighted assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 682,398 |  |  | 14.54 | % |  | $ | 375,449 |  |  | 8.00 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 664,195 |  |  | 14.19 | % |  | $ | 374,538 |  |  | 8.00 | % |  | $ | 468,173 |  |  | 10.00 | %
Tier 1 capital (to risk-weighted assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 550,839 |  |  | 11.74 | % |  | $ | 281,587 |  |  | 6.00 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 630,782 |  |  | 13.47 | % |  | $ | 280,904 |  |  | 6.00 | % |  | $ | 374,538 |  |  | 8.00 | %
Common equity Tier 1 capital (to risk-weighted assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 531,177 |  |  | 11.32 | % |  | $ | 211,190 |  |  | 4.50 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 630,782 |  |  | 13.47 | % |  | $ | 210,678 |  |  | 4.50 | % |  | $ | 304,312 |  |  | 6.50 | %
Tier 1 capital (to average assets): |  |  |  |  |  |  |  |  |  |  |
Hanmi Financial | $ | 550,839 |  |  | 10.18 | % |  | $ | 216,526 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Hanmi Bank | $ | 630,782 |  |  | 11.67 | % |  | $ | 216,265 |  |  | 4.00 | % |  | $ | 270,331 |  |  | 5.00 | %

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- Definition The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958572-112826 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958573-112826 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958570-112826 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958569-112826 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958577-112826 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958575-112826 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958574-112826 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958568-112826 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=84167132&loc=d3e65071-112826 + Details
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