HOPE BANCORP INC HOPE Income Statement

Hope bancorp inc (HOPE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
INTEREST INCOME:
Interest and fees on loans
623,767	627,673	631,484	626,735	614,296	594,103	578,626	562,082	544,409	529,760	514,422	489,732	438,303	392,127	343,142	304,660	298,823	291,344	285,537	284,324	284,762	283,817	283,253	278,563	272,349	266,684	259,356	253,162	250,193	250,583	231,893	205,242	175,888	145,554	134,581	133,189	0	0	0
Interest on securities
44,585	46,295	47,943	48,527	47,560	45,342	43,480	41,063	38,905	36,917	33,785	30,890	27,878	25,442	23,594	21,607	20,081	18,611	16,980	16,321	16,196	16,084	16,080	15,883	15,331	14,663	14,295	14,275	14,998	16,480	16,703	16,764	16,480	15,501	15,176	14,217	0	0	0
Interest on other investments
10,172	10,818	11,612	11,186	11,036	10,727	9,225	8,003	6,457	5,427	6,099	5,593	5,035	4,365	2,783	2,759	3,663	3,705	3,937	3,834	2,899	2,756	2,474	2,312	2,004	1,726	1,438	1,072	882	822	837	899	888	840	788	805	0	0	0
Total interest income
678,524	684,786	691,039	686,448	672,892	650,172	631,331	611,148	589,771	572,104	554,306	526,215	471,216	421,934	369,519	329,026	322,567	313,660	306,454	304,479	303,857	302,657	301,807	296,758	289,684	283,073	275,089	268,509	266,073	267,885	249,433	222,905	193,256	161,895	150,545	148,211	0	0	0
INTEREST EXPENSE:
Interest on deposits
184,424	190,158	187,207	175,172	156,956	134,958	114,382	97,736	85,240	74,902	67,816	60,457	52,695	48,091	42,574	37,947	35,565	33,412	31,911	30,940	30,242	29,178	27,688	26,228	24,603	23,321	22,506	21,761	21,359	21,354	20,909	20,672	20,517	20,245	21,166	22,468	0	0	0
Interest on FHLB advances
12,064	12,031	12,784	13,375	13,672	15,127	14,984	13,979	12,636	10,706	9,365	8,828	8,176	7,560	6,877	6,230	5,871	5,645	5,488	5,347	5,331	5,245	5,101	4,979	4,886	4,899	5,090	5,442	5,827	6,229	7,184	8,019	8,828	9,774	10,467	11,041	0	0	0
Interest on other borrowings and convertible notes
15,758	16,002	16,068	16,032	14,797	12,160	9,539	6,891	5,352	5,116	4,927	4,521	3,692	2,928	2,156	1,650	1,605	1,561	1,546	1,537	1,530	1,637	1,779	1,859	1,890	1,798	1,668	1,610	1,792	2,064	2,197	2,249	2,117	2,058	2,035	2,070	0	0	0
Total interest expense
212,246	218,191	216,059	204,579	185,425	162,245	138,905	118,606	103,228	90,724	82,108	73,806	64,563	58,579	51,607	45,827	43,041	40,618	38,945	37,824	37,103	36,060	34,568	33,066	31,379	30,018	29,264	28,813	28,978	29,647	30,290	30,940	31,462	32,077	33,668	35,579	0	0	0
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES
466,278	466,595	474,980	481,869	487,467	487,927	492,426	492,542	486,543	481,380	472,198	452,409	406,653	363,355	317,912	283,199	279,526	273,042	267,509	266,655	266,754	266,597	267,239	263,692	258,305	253,055	245,825	239,696	237,095	238,238	219,143	191,965	161,794	129,818	116,877	112,632	0	0	0
Financing Receivable, Credit Loss, Expense (Reversal)
32,300	7,300	9,100	14,300	15,400	14,900	15,700	13,800	14,260	17,360	14,560	15,660	14,100	9,000	13,100	7,200	7,000	8,000	5,460	9,116	11,112	12,638	21,228	17,716	15,520	20,000	11,472	17,628	24,010	19,104	25,829	22,412	25,277	27,939	29,892	68,732	0	0	0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES
433,978	459,295	465,880	467,569	472,067	473,027	476,726	478,742	472,283	464,020	457,638	436,749	392,553	354,355	304,812	275,999	272,526	265,042	262,049	257,539	255,642	253,959	246,011	245,976	242,785	233,055	234,353	222,068	213,085	219,134	193,314	169,553	136,517	101,879	86,985	43,900	0	0	0
NONINTEREST INCOME:
Service fees on deposit accounts
17,749	17,933	17,991	17,870	18,067	18,551	18,934	19,516	20,082	20,619	21,269	20,896	18,619	15,964	13,307	11,699	11,827	12,206	12,660	12,946	13,276	13,686	14,008	13,873	13,435	12,838	12,034	11,834	12,181	12,466	11,658	9,889	8,033	6,370	5,899	6,119	0	0	0
International service fees
3,783	3,926	4,065	4,092	4,284	4,371	4,612	4,499	4,406	4,494	4,425	4,328	4,025	3,693	3,393	3,221	3,410	3,448	3,511	3,631	3,739	3,929	4,291	4,529	4,682	4,916	4,928	4,915	5,052	5,038	4,593	4,013	3,279	2,625	2,475	2,485	0	0	0
Loan servicing fees, net
1,951	2,316	2,912	3,575	3,847	4,696	4,772	5,293	5,574	5,433	5,387	4,969	4,267	3,519	2,994	2,839	3,105	3,135	3,230	3,228	2,983	3,228	3,314	3,520	3,951	3,955	3,948	3,975	3,744	4,112	3,366	2,799	2,407	1,533	1,837	1,816	0	0	0
Wire transfer fees
4,467	4,558	4,708	4,877	4,816	4,934	4,925	4,985	5,078	5,057	5,177	5,048	4,598	4,326	3,962	3,805	3,783	3,632	3,503	3,378	3,426	3,568	3,660	3,700	3,668	3,579	3,520	3,437	3,325	3,250	2,891	2,401	1,974	1,555	1,302	1,261	0	0	0
Net gains on sales of SBA loans
-	-	447	2,778	-	9,708	11,887	13,187	12,974	12,774	13,808	10,407	10,175	8,750	8,202	11,362	11,446	12,665	13,616	13,804	13,496	13,174	11,810	11,059	11,543	11,515	11,570	8,743	7,911	8,180	6,443	7,266	9,157	7,354	6,645	6,151	0	0	0
Net gains on sales of other loans
5,601	4,487	2,992	2,665	2,030	2,485	3,412	3,782	3,703	2,927	3,020	3,649	3,340	2,920	1,536	86	88	270	253	227	182	0	0	0	19	62	68	68	195	152	116	116	0	-	0	0	-	0	0
Debt Securities, Available-for-sale, Realized Gain (Loss), Excluding Other-than-temporary Impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	424	424	424	424	0	0	0	0	54	54	187	187	949	2,168	2,099	2,105	1,289	74	106	0	0	0
Net gains on sales and calls of securities available for sale
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income and fees
17,692	16,181	14,921	12,784	12,450	15,435	16,174	16,253	16,544	14,810	15,067	15,808	14,673	11,697	10,263	8,630	7,759	7,911	7,214	6,930	7,020	6,602	6,712	6,621	6,172	5,800	5,432	5,213	5,368	5,459	4,752	3,922	3,125	2,292	2,137	2,120	0	0	0
Total noninterest income
51,525	49,683	48,318	48,770	51,752	60,180	65,017	67,816	68,662	66,415	68,155	66,055	60,647	51,819	44,605	41,642	41,418	43,691	43,945	44,131	44,140	44,187	44,318	43,748	43,874	42,719	41,216	38,081	37,685	39,390	36,209	32,803	30,265	23,130	23,791	22,993	0	0	0
NONINTEREST EXPENSE:
Salaries and employee benefits
163,247	161,174	157,927	153,289	154,567	153,523	156,499	155,517	149,888	144,669	139,261	133,730	120,541	107,944	95,111	86,112	85,287	84,899	82,844	80,733	77,944	75,701	74,146	71,335	69,411	66,805	63,229	60,305	58,744	56,491	51,541	45,587	38,554	31,629	28,694	27,014	0	0	0
Occupancy
30,468	30,735	31,096	31,230	30,809	30,371	29,602	28,896	28,632	28,587	29,427	29,185	26,951	24,574	21,574	19,626	19,516	19,391	19,513	19,294	19,199	19,130	18,530	18,168	18,288	17,676	17,049	16,599	15,996	15,631	16,259	14,829	13,042	11,833	9,832	9,776	0	0	0
Furniture and equipment
16,396	15,583	14,771	14,630	14,627	14,902	15,486	15,418	14,951	14,643	14,416	14,071	12,852	11,726	10,251	9,283	9,269	9,245	9,105	8,692	8,381	8,132	7,837	7,649	7,250	6,809	6,396	6,163	6,018	5,663	5,361	4,850	4,316	4,033	3,805	3,705	0	0	0
Advertising and marketing
8,757	9,146	9,076	8,685	9,177	9,414	9,268	9,499	9,156	10,281	10,511	10,600	9,608	7,320	5,750	4,753	4,835	5,090	5,479	5,705	5,729	5,426	5,459	5,317	4,999	5,184	4,790	4,556	4,891	5,076	5,101	4,296	3,365	2,486	2,054	2,312	0	0	0
Data processing and communications
10,455	10,780	12,014	12,706	13,693	14,232	13,258	12,966	12,068	12,179	13,407	13,385	12,838	11,403	9,674	8,667	9,001	9,179	9,273	9,287	9,123	8,896	8,734	8,511	8,073	7,595	7,009	6,685	6,397	6,364	6,037	5,191	4,541	3,913	3,670	3,908	0	0	0
Professional fees
20,448	22,528	21,336	20,045	18,560	16,286	16,083	15,372	14,158	14,954	12,703	11,362	9,375	6,556	5,873	5,264	5,244	5,585	5,653	5,931	5,993	5,882	5,205	5,078	5,206	5,194	5,508	4,944	4,570	3,882	3,439	3,175	2,875	2,971	2,717	2,861	0	0	0
Investments in affordable housing partnerships expenses
8,962	9,292	11,069	12,092	12,317	12,066	14,444	13,890	14,332	13,862	9,475	6,943	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC assessments
3,890	3,882	4,516	6,304	6,356	6,572	7,063	6,537	5,930	5,173	3,744	4,046	4,137	4,165	4,737	4,200	4,014	4,088	4,163	4,271	4,442	4,353	4,177	3,860	3,638	3,309	3,080	2,906	2,099	2,442	2,930	3,269	4,095	4,347	4,320	4,528	0	0	0
Credit related expenses
5,959	4,975	3,765	3,392	2,769	2,863	3,429	284	-529	582	321	3,618	4,416	2,954	2,467	1,732	1,490	1,924	507	3,963	6,310	6,876	7,272	6,387	5,574	5,868	8,491	8,458	8,545	9,010	8,257	6,511	5,225	3,789	4,098	4,973	0	0	0
OREO expense (income), net
61	-934	-510	177	139	187	122	856	1,999	3,100	4,217	3,116	2,061	2,492	984	686	1,774	1,523	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net valuation gains on interest rate swaps and caps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	30	16	-100	-114	-346	-838	0	0	0
Gains (Losses) on Sales of Other Real Estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	421	344	302	-102	-349	-313	-310	-251	99	219	252	193	73	-602	0	0	0
Merger and integration expense
-	-	-	-	-	-	-	-	-	1,781	4,721	15,683	16,654	16,914	15,400	4,202	2,695	1,540	0	0	0	-	-	-	4,029	5,161	3,126	2,378	3,341	3,809	6,551	6,942	5,975	4,713	1,466	0	0	0	-
Other
15,292	15,467	15,661	15,631	15,425	15,643	15,299	15,440	15,936	16,790	17,187	18,474	16,932	14,827	12,191	9,853	9,789	9,478	9,344	9,973	11,101	12,080	14,498	14,948	15,119	14,986	14,920	13,628	12,669	12,062	10,257	9,130	7,601	6,135	5,435	5,272	0	0	0
Total noninterest expense
283,935	282,628	282,388	279,848	280,106	277,726	280,565	274,947	267,355	266,601	260,305	266,314	242,625	214,975	187,182	156,091	154,356	153,384	152,635	155,300	154,426	151,624	151,604	147,930	144,620	141,620	134,059	127,083	123,731	120,891	122,118	110,165	95,974	82,234	66,091	65,241	0	0	0
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
201,550	226,350	231,781	236,381	243,681	255,481	261,215	271,687	273,625	263,834	265,488	236,490	210,575	191,199	162,235	161,550	159,588	155,349	153,359	146,370	145,356	146,522	138,725	141,794	142,039	134,154	141,510	133,066	127,039	137,633	107,405	92,191	70,808	42,775	44,685	1,652	0	0	0
Income Tax Expense (Benefit)
47,410	55,310	59,359	60,259	62,559	65,892	98,064	110,272	119,123	124,389	103,398	92,859	84,241	77,452	66,250	66,578	65,065	63,091	61,281	57,964	57,579	57,907	54,726	55,663	55,549	52,399	56,299	53,009	50,289	54,410	41,473	34,842	26,505	15,660	16,706	-635	0	0	0
Net Income (Loss) Attributable to Parent
154,235	171,040	172,480	176,266	181,115	189,589	163,124	161,310	154,467	139,445	162,090	143,631	126,334	113,747	95,985	94,972	94,523	92,258	92,078	88,406	87,777	88,615	83,999	86,131	86,490	81,755	85,211	80,057	76,750	83,223	65,932	57,349	44,303	27,115	27,979	2,287	0	0	0
DIVIDENDS AND DISCOUNT ACCRETION ON PREFERRED STOCK
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,640	6,981	8,058	5,362	4,568	4,300	4,296	0	0	0
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77,583	58,951	49,291	38,941	22,547	23,679	-2,009	0	0	0
Earnings Per Share [Abstract]
Earnings Per Share, Basic
0.21	0.33	0.34	0.34	0.34	0.34	0.36	0.36	0.38	0.13	0.33	0.30	0.27	0.29	0.22	0.29	0.30	0.28	0.32	0.29	0.27	0.28	0.27	0.28	0.28	0.22	0.30	0.29	0.22	0.27	0.24	0.20	0.28	0.01	0.23	0.14	0.15	0.11	-0.45
Earnings Per Share, Diluted
0.21	0.33	0.34	0.34	0.34	0.34	0.36	0.36	0.38	0.13	0.33	0.30	0.27	0.29	0.22	0.29	0.30	0.28	0.32	0.29	0.27	0.28	0.27	0.28	0.28	0.22	0.30	0.29	0.22	0.27	0.24	0.20	0.28	0.01	0.23	0.14	0.15	0.11	-0.45