Hope bancorp inc (HOPE)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
INTEREST INCOME:
Interest and fees on loans

627,673

594,103

529,760

392,127

291,344

283,817

266,684

250,583

145,554

134,390

131,416

Interest on securities

46,295

45,342

36,917

25,442

18,611

16,084

14,663

16,480

15,501

15,141

25,742

Interest on other investments

10,818

10,727

5,427

4,365

3,705

2,756

1,726

822

840

905

887

Total interest income

684,786

650,172

572,104

421,934

313,660

302,657

283,073

267,885

161,895

150,436

158,045

INTEREST EXPENSE:
Interest on deposits

190,158

134,958

74,902

48,091

33,412

29,178

23,321

21,354

20,245

27,882

50,636

Interest on FHLB advances

12,031

15,127

10,706

7,560

5,645

5,245

4,899

6,229

9,774

12,099

13,041

Interest on other borrowings and convertible notes

16,002

12,160

5,116

2,928

1,561

1,637

1,798

2,064

2,058

2,071

2,022

Total interest expense

218,191

162,245

90,724

58,579

40,618

36,060

30,018

29,647

32,077

42,052

65,699

NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES

466,595

487,927

481,380

363,355

273,042

266,597

253,055

238,238

129,818

108,384

92,346

Financing Receivable, Credit Loss, Expense (Reversal)

7,300

14,900

17,360

9,000

8,000

12,638

20,000

19,104

27,939

84,630

61,023

NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES

459,295

473,027

464,020

354,355

265,042

253,959

233,055

219,134

101,879

23,754

31,323

NONINTEREST INCOME:
Service fees on deposit accounts

17,933

18,551

20,619

15,964

12,206

13,686

12,838

12,466

6,370

6,464

6,784

International service fees

3,926

4,371

4,494

3,693

3,448

3,929

4,916

5,038

2,625

2,369

2,006

Loan servicing fees, net

2,316

4,696

5,433

3,519

3,135

3,228

3,955

4,112

1,533

1,836

1,866

Wire transfer fees

4,558

4,934

5,057

4,326

3,632

3,568

3,579

3,250

1,555

1,192

1,332

Net gains on sales of SBA loans

0

9,708

12,774

8,750

12,665

13,174

11,515

8,180

7,354

1,400

694

Net gains on sales of other loans

4,487

2,485

2,927

2,920

270

0

62

152

33

4,368

728

Debt Securities, Available-for-sale, Realized Gain (Loss), Excluding Other-than-temporary Impairment

282

0

301

950

424

0

54

949

1,289

6,396

4,427

Other income and fees

16,181

15,435

14,810

11,697

7,911

6,602

5,800

5,459

2,292

1,918

1,397

Total noninterest income

49,683

60,180

66,415

51,819

43,691

44,187

42,719

39,390

23,130

24,481

18,468

NONINTEREST EXPENSE:
Salaries and employee benefits

161,174

153,523

144,669

107,944

84,899

75,701

66,805

56,491

31,629

25,261

25,437

Occupancy

30,735

30,371

28,587

24,574

19,391

19,130

17,676

15,631

11,833

9,767

9,918

Furniture and equipment

15,583

14,902

14,643

11,726

9,245

8,132

6,809

5,663

4,033

3,540

2,926

Advertising and marketing

9,146

9,414

10,281

7,320

5,090

5,426

5,184

5,076

2,486

2,020

1,671

Data processing and communications

10,780

14,232

12,179

11,403

9,179

8,896

7,595

6,364

3,913

3,954

3,742

Professional fees

22,528

16,286

14,954

6,556

5,585

5,882

5,194

3,882

2,971

2,538

2,324

Investments in affordable housing partnerships expenses

9,292

12,066

13,862

4,100

1,442

1,556

-

-

-

-

-

FDIC assessments

3,882

6,572

5,173

4,165

4,088

4,353

3,309

2,442

4,347

4,968

5,237

Credit related expenses

4,975

2,863

582

2,954

1,924

6,876

5,868

9,010

3,789

4,781

4,407

OREO expense (income), net

-934

187

3,100

2,492

1,523

3,270

3,033

-

-

-

-

Branch restructuring costs

0

1,674

0

0

-

-

-

-

-

-

-

Net valuation gains on interest rate swaps and caps

-

-

-

-

-

-

-

35

-114

-857

-446

Gains (Losses) on Sales of Other Real Estate

-

-

-

-

-

-

-102

-251

193

-605

-320

Merger and integration expense

0

-7

1,781

16,914

1,540

322

5,161

3,809

4,713

1,001

0

Prepayment charge on retirement of debt

-

-

-

-

-

-

-

461

6,385

0

0

Other

15,467

15,643

16,790

14,827

9,478

12,080

14,986

12,062

6,135

5,544

6,051

Total noninterest expense

282,628

277,726

266,601

214,975

153,384

151,624

141,620

120,891

82,234

63,374

61,713

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

226,350

255,481

263,834

191,199

155,349

146,522

134,154

137,633

42,775

-15,139

-11,922

Income Tax Expense (Benefit)

55,310

65,892

124,389

77,452

63,091

57,907

52,399

54,410

15,660

-7,900

-6,199

Net Income (Loss) Attributable to Parent

171,040

189,589

139,445

113,747

92,258

88,615

81,755

83,223

27,115

-7,239

-5,723

DIVIDENDS AND DISCOUNT ACCRETION ON PREFERRED STOCK

-

-

-

-

-

-

-

5,640

4,568

4,291

4,276

NET INCOME AVAILABLE TO COMMON STOCKHOLDERS

-

-

-

-

-

-

-

77,583

22,547

-11,530

-9,999

Earnings Per Share [Abstract]
Earnings Per Share, Basic

1.35

1.44

1.03

1.10

1.16

1.11

1.03

0.99

0.53

-0.30

-0.35

Earnings Per Share, Diluted

1.35

1.44

1.03

1.10

1.16

1.11

1.03

0.99

0.53

-0.30

-0.35