Core Insights - Hanmi Financial Corporation reported a net income of $21.2 million for Q4 2025, a decrease from $22.1 million in Q3 2025, with earnings per diluted share at $0.70 compared to $0.73 in the previous quarter [2][7] - For the full year 2025, net income increased to $76.1 million, or $2.51 per diluted share, up from $62.2 million, or $2.05 per diluted share, in 2024, reflecting a robust growth of 22% [3][4] Financial Performance - The return on average assets for Q4 2025 was 1.07%, down from 1.12% in Q3 2025, while the return on average equity decreased to 10.14% from 10.69% [2][7] - Net interest income for Q4 2025 rose by 2.9% to $62.9 million, driven by lower interest expenses on deposits [10][12] - The net interest margin for Q4 2025 was 3.28%, an increase of six basis points from the previous quarter [12][20] Loan and Deposit Growth - Loans receivable increased to $6.56 billion, a 0.5% rise from the previous quarter, with loan production for Q4 2025 at $374.8 million [7][32] - Total deposits were $6.68 billion, down 1.3% from Q3 2025, with noninterest-bearing demand deposits representing 30.2% of total deposits [7][29] Asset Quality - Nonperforming loans represented 0.28% of total loans, showing an improvement from the previous quarter [7][22] - Credit loss expense for Q4 2025 was $1.9 million, down from $2.1 million in Q3 2025, indicating strong credit quality management [22][23] Noninterest Income - Noninterest income for Q4 2025 was $8.3 million, a decrease of 16.0% from Q3 2025, primarily due to lower income from bank-owned life insurance [24][25] - For the full year 2025, noninterest income increased to $34.0 million, up 7.6% from 2024, driven by higher gains on the sale of SBA loans [25][26] Expense Management - Noninterest expense for Q4 2025 increased by 3.5% to $39.1 million, attributed to higher salaries and professional fees [26][27] - The efficiency ratio for Q4 2025 was 54.95%, compared to 52.65% in Q3 2025, reflecting increased operational costs [26][27]

Financial Highlights - United Community Bank reported diluted earnings per share (EPS) of $0.70 (GAAP) and $0.75 (operating) in 3Q25[12] - The bank's return on assets (ROA) was 1.29% (GAAP) and 1.33% (operating) in 3Q25[12, 14] - The net interest margin (NIM) increased by 8 bps to 3.58% in 3Q25[12, 44] - Tangible book value (TBV) per share increased to $21.59, a 10% year-over-year improvement[12] Balance Sheet - Total assets reached $28.1 billion, with total deposits at $24.0 billion and total loans at $19.2 billion[10] - Customer deposits grew by $58 million from 2Q25, or 10% annualized[24] - Loan growth was $254 million, or 54% annualized[30] - The bank's CET1 RBC ratio stood at 134%[10, 41] Income Statement - Noninterest income increased to $432 million[47] - The operating efficiency ratio improved to 531%, driven by higher revenue growth[14, 55] Credit Quality - Net charge-offs were $77 million, representing 016% of average loans[60] - The allowance for credit losses (ACL) stood at $228276 million, with an ACL to loans ratio of 119%[61]