Hanmi Financial Q4 Earnings Call Highlights

Non-interest income totaled $8.3 million and declined from the third quarter, primarily due to lower gains on sales of mortgage loans and the absence of bank-owned life insurance income. Santarosa noted the third quarter included death benefit payouts from the bank-owned life insurance portfolio, while the fourth quarter did not.CFO Ron Santarosa said fourth-quarter net interest income rose to $62.9 million as the average cost of interest-bearing deposits fell, while loan balances increased. Average loans i ...