Hanmi financial corporation (HAFC)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

20,466

32,788

41,088

44,793

57,685

57,868

57,982

56,823

55,732

54,660

57,578

55,777

55,468

56,489

56,899

57,737

57,573

53,823

44,926

52,766

49,824

49,761

53,759

42,345

40,738

39,857

43,859

46,753

93,093

90,324

81,901

72,825

25,051

28,147

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

9,227

9,532

9,449

10,577

11,976

11,111

12,011

11,001

10,726

12,854

13,083

14,064

14,481

14,578

13,507

15,868

16,387

17,846

17,737

14,991

12,586

8,701

11,295

8,955

7,721

6,669

7,397

7,388

7,428

7,478

2,164

2,167

2,170

2,163

0

0

0

Amortization of premiums and accretion of discounts on investment securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-3,913

-4,000

-3,583

-3,222

0

0

0

Amortization of other intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

288

408

553

700

0

0

0

Amortization of servicing assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

963

804

743

730

0

0

0

Share-based compensation expense

3,182

3,125

3,117

3,072

3,343

3,515

3,486

3,344

3,085

2,893

2,750

2,829

3,081

3,008

2,889

2,783

2,332

2,241

2,099

2,114

2,088

2,165

2,065

1,567

1,213

705

721

565

483

478

312

328

386

608

0

0

0

Credit loss expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan and lease loss provision

-

-

-

-

-

3,990

1,169

1,238

1,560

831

762

-7,037

-5,944

-4,339

-23,883

-12,650

-11,762

-11,614

-5,942

-9,348

-7,885

-6,258

0

0

0

-

-

-

-

6,000

0

0

0

-

-

-

-

Gain on sales of securities

-

1,295

1,295

1,315

812

-341

-66

181

1,051

1,748

1,473

1,252

315

46

513

2,515

4,427

6,611

6,303

4,322

2,774

2,011

1,968

2,512

2,451

1,039

927

326

1,404

1,396

0

0

0

-

-

-

-

Loss on investment in affordable housing partnership

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Gain on sales of SBA loans

5,479

5,251

4,736

4,084

4,432

4,954

6,026

7,458

8,718

8,734

8,465

7,534

6,640

6,034

8,118

8,124

7,923

8,749

6,105

5,706

4,631

3,494

4,203

3,975

5,395

7,443

8,384

9,166

8,519

4,188

1,693

-1,528

-2,193

1,426

0

0

0

Origination of SBA loans held for sale

75,739

76,765

75,281

69,302

73,564

79,146

83,639

92,811

108,724

109,111

112,835

102,475

98,407

91,367

87,632

91,274

75,701

86,657

72,460

69,358

64,739

47,985

54,712

53,618

66,237

83,027

93,631

102,218

114,107

116,829

117,893

104,771

84,333

60,238

0

0

0

Loss (gain) on disposition of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,053

172

172

137

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposition gains on PCI loans

-

-

-

-

-

-

-

-

-

-

0

0

4,494

-

5,551

9,096

9,604

10,167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sales of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

0

0

0

-

-

-

0

-

-

-

-

-671

0

0

0

Valuation adjustment on other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-721

-849

-653

27

0

0

0

-

-

-

-

-10

0

0

0

-

-

-

-

488

0

0

0

Valuation adjustment for loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,746

-2,300

-1,781

-1,339

-2,903

0

0

0

Proceeds from sales of SBA loans

77,624

74,866

77,984

73,137

77,760

82,133

88,122

102,694

117,347

117,780

123,436

114,034

99,967

92,215

93,420

89,759

89,749

98,083

83,160

76,263

62,199

46,829

57,494

58,453

80,887

105,006

0

0

0

-

-

-

-

-

-

-

-

Proceeds from Life Insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,350

0

0

0

-

-

-

-

-

-

-

-

Change in accrued interest receivable

-

-

-

-

-

-

0

0

1,977

-

1,938

615

148

1,486

1,438

2,419

1,388

-248

-1,158

-1,656

-1,303

-740

-511

-1,086

-419

-526

-510

273

-443

-248

242

-344

-827

-219

0

0

0

Change in bank-owned life insurance

1,117

1,121

1,128

1,135

1,110

1,107

1,104

1,105

1,109

1,114

1,119

1,131

1,110

1,100

1,082

810

816

797

731

930

909

879

0

0

0

-

-

-

0

-

-

0

0

-

-

-

-

Change in prepaid expenses and other assets

12,346

5,770

10,045

3,762

3,117

-404

-1,492

-5,850

-173

-98

4,386

7,353

-3,134

2,424

-5,469

-377

-3,536

-3,720

870

-289

8,123

8,713

5,230

3,620

-414

-669

-253

-154

-528

486

0

0

0

-

-

-

0

Change in income tax assets

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cash surrender value of bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Change in current tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,451

-7,187

-14,760

-20,959

-18,055

-12,703

5,864

964

2,268

10,628

-3,644

13,333

2,923

-57,795

-50,741

-5,347

-43

0

0

0

-

-

-

-

Change in other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,621

4,854

-4,032

-9,820

-5,292

-422

1,577

4,737

2,761

-2,118

0

0

0

Change in accrued interest payable

-

-

-

-

-

-

0

0

3,312

-

1,627

325

-630

-610

-541

-336

-248

-273

-45

-465

-307

-401

-160

853

127

-8,409

-12,561

-12,312

-12,410

-4,257

1,776

552

1,418

66

0

0

0

Change in stock warrants payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

280

242

284

23

0

0

0

-

-

-

0

Change in FDIC loss sharing liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in accrued expenses and other liabilities

1,345

3,376

10,262

-670

4,814

-1,728

-1,300

604

1,067

3,855

-139

653

-4,538

-8,346

-9,048

-5,153

-12,405

-11,596

-4,576

-7,706

10,597

18,519

9,803

11,976

571

1,799

1,528

1,386

3,364

1,029

1,132

102

-1,776

-1,301

0

0

0

Net cash provided by operating activities

60,625

58,796

73,228

75,533

80,568

76,635

84,928

89,725

80,039

81,656

78,301

79,426

73,636

59,353

66,834

61,463

77,712

66,530

37,947

15,043

-3,146

25,467

36,832

57,159

65,672

60,718

60,496

59,686

92,250

52,827

64,096

67,299

20,884

49,245

0

0

0

Cash flows from investing activities:
Purchases of securities available for sale

216,688

320,815

278,613

291,219

225,260

141,351

165,935

183,836

228,050

242,369

201,398

158,769

80,952

19,992

0

0

0

-

-

-

-

124,442

0

0

0

-

-

-

-

267,949

280,090

266,029

241,472

368,442

0

0

0

Proceeds from redemption of FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,743

12,027

10,766

7,933

5,054

4,515

4,525

4,417

4,428

0

0

0

Proceeds from matured, called and repayment of securities

189,385

159,942

135,090

114,086

97,302

99,253

108,070

94,908

84,969

79,878

66,358

73,614

100,532

114,012

140,076

146,613

131,684

135,413

134,676

128,023

123,277

101,713

64,615

61,880

57,803

65,574

103,516

119,021

130,060

150,113

186,493

249,780

270,982

249,282

0

0

0

Proceeds from sales of securities available for sale

-

113,306

113,306

116,732

81,980

34,751

61,689

75,908

106,656

97,271

70,333

130,970

90,855

78,282

180,259

146,759

277,353

454,201

385,923

350,919

261,147

169,533

172,747

179,765

154,707

78,473

47,560

38,764

108,538

102,538

0

0

0

-

-

-

-

Purchases of loans and leases receivable

-

-

-

-

-

66,966

171,988

258,073

271,607

266,275

428,961

386,705

413,783

410,897

257,895

248,116

202,177

215,469

0

0

0

-

-

-

-

-

-

-

-

82,885

0

0

0

-

-

-

-

Purchases of premises and equipment

1,379

1,579

1,809

3,242

4,659

3,696

0

0

0

-

-

-

151

730

-1,005

1,247

1,233

1,146

1,580

1,831

1,933

1,150

1,190

1,319

992

1,018

822

589

598

675

954

1,210

1,277

1,167

0

0

0

Proceeds from disposition of premises and equipment

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from matured or called securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,704

6,804

6,461

263

135

0

0

0

Proceeds from sales of other real estate owned ("OREO")

-

-

-

-

-

-

-

-

-

5,711

8,878

7,563

8,706

5,474

2,306

2,733

3,611

7,532

17,800

25,562

23,504

20,200

9,071

970

1,237

784

0

0

0

-

-

-

-

6,453

0

0

0

Proceeds from sales of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,380

15,316

37,825

72,408

97,915

122,635

127,289

106,799

107,782

0

0

0

Proceeds from insurance settlement on bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,323

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of term federal fund

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Change in loans receivable, excluding purchases

16,453

1,770

49,588

104,799

188,961

235,731

216,799

211,110

197,972

193,557

239,234

262,531

250,146

276,703

243,987

317,921

276,881

169,816

240,415

58,107

98,458

153,138

144,445

171,426

168,121

207,999

232,546

298,982

220,656

160,403

52,609

-20,717

-55,653

-120,686

0

0

0

Purchases of FRB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

325

325

906

2,149

1,825

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

34,765

-44,545

-20,457

-79,876

-217,084

-311,567

-387,556

-480,057

-504,555

-520,184

-725,883

-580,503

-530,516

-496,456

-304,301

-463,636

-300,272

-20,267

64,308

347,089

199,870

16,397

-194,280

-282,673

-254,537

-304,366

-151,162

-180,595

-45,514

-37,158

-58,784

-24,267

110,840

99,337

0

0

0

Cash flows from financing activities:
Change in deposits

-238,107

-48,273

75,719

335,533

442,074

398,581

315,412

167,362

294,936

538,917

527,803

669,884

583,173

299,761

252,513

149,508

-52,684

-46,770

-79,460

-204,065

-52,901

-54,576

69,450

182,936

173,568

116,362

66,322

-23,194

-30,714

51,053

10,216

-13,268

-67,214

-121,811

0

0

0

Change in overnight borrowings

-115,000

75,000

85,000

270,000

220,000

95,000

-50,000

-250,000

-170,000

165,000

-55,000

260,000

200,000

-145,000

95,000

-280,000

-250,000

-20,000

-42,411

104,589

140,034

-14,865

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from borrowings

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of subordinated debentures

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

368

362

357

24

347

0

0

0

Redemption of subordinated debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82,406

0

0

0

-

-

-

-

-

-

-

-

Redemption of rescinded stock obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

2,979

2,979

22

8

570

588

719

845

288

1,131

1,030

1,125

1,453

677

815

679

616

571

412

555

467

492

915

694

525

0

0

0

-

-

-

-

-

-

-

-

Cash paid for surrender of vested shares due to employee tax liability

263

517

534

530

674

680

775

783

886

1,103

1,012

1,241

1,210

579

558

596

366

349

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Cash dividends paid

29,716

29,776

29,929

30,237

30,605

30,921

30,089

29,092

27,453

25,811

25,133

24,456

22,815

25,661

25,310

24,003

19,509

12,783

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in short-term federal home loan bank advances and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-151,570

0

0

0

Net cash provided by financing activities

25,327

-47,949

-61,710

-1,280

154,735

236,482

324,106

388,299

437,535

445,119

655,524

482,952

458,008

419,974

132,322

405,574

177,970

-40,219

-63,929

-332,683

-219,054

-62,901

160,610

271,436

247,950

154,958

-17,908

-105,636

-61,679

50,695

68,254

62,450

-141,843

-196,619

0

0

0

Net increase in cash and due from banks

120,717

-33,698

-8,939

-5,623

18,219

1,550

21,478

-2,033

13,019

6,591

7,942

-18,125

1,128

-17,129

-105,145

3,401

-44,590

6,044

38,326

29,449

-22,330

-21,037

3,162

45,922

59,085

-88,690

-108,574

-226,545

-14,943

66,364

73,566

105,482

-10,119

-48,037

0

0

0

Supplemental disclosures of cash flow information:
Interest expense paid

73,232

71,064

68,526

61,374

52,082

47,314

43,670

40,275

36,112

32,519

28,203

24,674

20,793

18,884

17,698

16,790

16,482

16,382

16,127

15,983

15,052

14,434

13,427

15,882

12,858

21,916

26,438

23,728

30,045

23,002

19,599

22,751

23,479

27,696

0

0

0

Income taxes paid

15,575

15,570

3,085

8,462

20,841

20,792

16,542

17,052

28,275

28,135

26,819

26,667

13,339

23,327

16,054

10,076

4,643

7,928

29,613

42,437

50,171

37,015

24,130

12,116

13,326

15,110

11,910

11,910

4,205

4,912

0

0

0

-

-

-

-

Non-cash activities:
Transfer of loans receivable to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

4,763

-420

1,925

367

318

0

0

0

-

-

-

-

1,612

1,603

2,923

2,504

3,071

2,833

2,409

3,817

4,213

0

0

0

Transfer of loans receivable to loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,010

13,829

39,150

61,503

95,611

133,795

136,955

110,231

110,290

0

0

0

Loans provided in the sale of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,750

0

0

0

Loans provided in the sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

510

0

0

0

Conversion of stock warrants into common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

8

6

139

987

0

0

0

-

-

-

-

-

-

-

-

Income tax (expense) benefit related to items of other comprehensive income

5,569

3,827

6,069

4,729

2,556

-1,684

-5,319

-4,412

-2,727

376

-3,379

-4,597

-3,172

312

3,798

6,181

-654

-575

5,257

1,881

8,675

7,359

-239

-2,665

-7,679

-10,737

0

0

0

-

-

-

0

-

-

-

-

Change in unrealized (gain) loss in accumulated other comprehensive income

8,553

14,583

-21,072

-16,515

-8,968

5,790

16,525

13,314

7,835

-2,649

9,171

12,329

9,815

1,712

799

-6,887

7,578

5,258

665

773

15,269

19,213

17,845

45,055

16,965

24,496

0

0

0

-

0

0

0

-

-

-

-

Cash dividends declared

-

-

-

-

-

-

-

-

27,453

-

25,133

24,456

22,815

21,185

19,555

16,970

15,993

15,022

17,246

13,728

10,216

8,928

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in right-of-use asset obtained in exchange for lease liability

3,463

43,085

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-