Financial Data and Key Metrics Changes - The company reported net income of $10 million or 48 cents per diluted common share, with net interest income increasing by $2.5 million to $50 million compared to the linked quarter [13][14] - The tax equivalent net interest margin expanded by 13 basis points to 3.57% in the second quarter, driven by higher earning asset volumes and yields [14] - The consolidated CET1 ratio was 11.02% at June 30, 2025, up five basis points from March 31, 2025 [13] Business Line Data and Key Metrics Changes - Solid loan growth of 7.4% was reported, with commercial loan production reaching $215 million, the highest in the last six quarters [5][11] - Wealth management revenues increased by 5% linked quarter, and SBA fee income doubled compared to the same period last year [6][11] - Noninterest income was $10.2 million, slightly up from $10.1 million in the linked quarter, driven by increases in wealth management, card revenue, and mortgage origination fees [15] Market Data and Key Metrics Changes - Average deposits remained flat, while end-of-period deposits decreased slightly; however, noninterest-bearing balances were ahead of both the linked quarter and the year-ago quarter [10] - The loan pipeline showed strength, particularly in commercial and industrial lending, offsetting small declines in agricultural and commercial real estate lending [10][11] Company Strategy and Development Direction - The company continues to execute its 2025 strategic initiatives, focusing on disciplined balance sheet management and building a high-performing team [5][6] - There is a commitment to expanding talent in key markets, with significant new hires in commercial banking and wealth management [6][12] - The company is exploring M&A opportunities, focusing on geographic expansion and enhancing business lines that can add value [66] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the strength of the balance sheet and underlying earnings momentum, positioning the company well for the remainder of 2025 [8][73] - The expectation for mid-single-digit loan growth remains for the second half of 2025, with a focus on organic growth [5][11] - Management anticipates that credit loss expenses will normalize in the back half of the year, reflecting a more historical level [36] Other Important Information - A significant impact on asset quality and net income was noted due to a single $24 million nonaccrual loan, which has been classified and is undergoing resolution [7] - The company revised its 2025 annual expense guidance to a range of $146 million to $148 million due to recent talent investments [16] Q&A Session Summary Question: Can you unpack the C&I growth for the quarter? - Management noted strong contributions across various regions and industries, with a mix of existing and new clients driving growth [18][19] Question: What are the expectations for net interest margin in the second half of the year? - Management expects continued margin expansion, albeit at a slower pace of 4 to 5 basis points per quarter [48] Question: What happened with the large CRE loan that impacted asset quality? - Management explained that the loan was a non-owner occupied office in suburban Minneapolis that moved to nonaccrual due to payment issues, but it is currently cash flowing [26][28] Question: How do you see the impact of recent hires on long-term growth? - Management indicated that seasoned bankers are expected to contribute immediately, with a more significant impact anticipated in 2026 [44][45] Question: What are the priorities for potential M&A targets? - The focus is on geographic expansion and enhancing business lines that can add value, with a preference for digestible-sized transactions [66]

Core Financial Performance - The company reported net income of $6.2 million, or $0.88 per diluted share, for the quarter ended June 30, 2025, compared to $4.1 million, or $0.60 per diluted share, for the same quarter in 2024, marking a significant year-over-year increase [1] - For the nine months ended June 30, 2025, net income was $17.9 million, or $2.57 per diluted share, compared to $9.9 million, or $1.45 per diluted share, for the same period in 2024 [9] Revenue and Income Analysis - Net interest income increased by $2.2 million, or 15.1%, to $16.7 million for the quarter ended June 30, 2025, driven by an increase in interest income and a decrease in interest expense [3] - Noninterest income rose by $1.3 million for the quarter ended June 30, 2025, primarily due to gains from sales of SBA loans and home equity lines of credit [5] Expense Management - Noninterest expense increased by $1.3 million for the quarter ended June 30, 2025, mainly due to higher compensation and benefits related to stronger company performance [6] - The efficiency ratio improved to 64.45% for the quarter ended June 30, 2025, compared to 70.11% for the same period in 2024, indicating better cost management [30] Asset Quality and Credit Losses - The company recognized a provision for credit losses of $347,000 for loans and $77,000 for unfunded lending commitments for the quarter ended June 30, 2025, compared to higher provisions in the same period of 2024 [4] - Nonperforming loans decreased from $16.9 million at September 30, 2024, to $15.2 million at June 30, 2025, reflecting improved asset quality [4] Capital and Equity Position - Total stockholders' equity increased by $6.7 million, from $177.1 million at September 30, 2024, to $183.8 million at June 30, 2025, primarily due to retained earnings [18] - The company maintained a "well-capitalized" status under applicable regulatory capital guidelines as of June 30, 2025 [18] Strategic Outlook - The company is optimistic about continued profitability and growth in the SBA Lending segment, with a robust lending pipeline for the fourth fiscal quarter [2] - Focus areas include customer deposit growth, selective loan growth opportunities, and prudent capital and liquidity management [2]

Financial Data and Key Metrics Changes - In Q2 2025, interest income increased while interest expense decreased, resulting in a net interest margin on a tax-effective basis rising above 2% [6][22] - Diluted earnings per share for the quarter were reported at $0.02, attributed mainly to credit issues and changes in noninterest income [6][7] - Net interest income for Q2 was $28 million, up 11.5% from the previous quarter, with net interest margin improving to 1.96% [22][24] Business Line Data and Key Metrics Changes - The franchise finance portfolio saw $12.6 million of loans moved to nonperforming status, with specific reserves of approximately $4.5 million [9] - In the SBA lending business, the company has originated $1.8 billion in small business loans since 2020, with improvements noted in the portfolio as loans on nonaccrual decreased [13][15] - Noninterest income for the quarter was $5.6 million, which included a $1.6 million gain on the sale of SBA loans, down from the previous quarter [18] Market Data and Key Metrics Changes - The overall credit quality remains sound, with nonperforming loans to total loans at 1%, consistent with industry norms [8] - Delinquencies across loan portfolios improved to 62 basis points, a 15 basis point improvement over the last 90 days [8] - The company expects to see noninterest income increase to around $13.3 million in both Q3 and Q4, driven by an increase in loan sales [25] Company Strategy and Development Direction - The company is focused on improving net interest margin and income through higher loan yields and lower deposit costs, with expectations of continued growth in the loan portfolio [24][27] - The management is optimistic about the outlook for 2026, anticipating growth in income-generating loan verticals and small business lending [27] - The company has adjusted its underwriting criteria in response to economic conditions, particularly in the SBA lending space [14][70] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the economic uncertainty but expressed confidence in the strategies in place to drive net interest margin growth [24][98] - The company is taking a conservative approach to provisions for loan losses, expecting them to remain elevated compared to historical levels [26][56] - Management noted that the pace of new delinquencies has slowed, indicating promising signs for future improvement [11][56] Other Important Information - The company has a strong pipeline for SBA loans, with expectations to exceed previous lending goals [70] - The management highlighted the importance of maintaining capital ratios while considering share repurchase options [62][81] - The company has seen significant growth in fintech partnerships, contributing to deposit growth and overall revenue [78][80] Q&A Session Summary Question: Provision guidance for the back half of this year and next year - Management expressed hope that the provision levels would not be needed but maintained a cautious approach to avoid underestimating future credit stress [32][34] Question: Insights on SBA lending and industry changes - Management clarified that recent changes to industry standards have not negatively impacted demand for SBA loans, and they continue to see strong pipelines [36][38] Question: Breakdown of charge-offs and future expectations - Management indicated that charge-offs have been higher in the SBA portfolio, but they expect the charge-off trajectory to improve moving forward [50][56] Question: Willingness to lend and current lending goals - Management confirmed that they are on track to meet and potentially exceed their lending goals in the SBA space, focusing on high-quality loans [70][72] Question: Expense outlook and variability - Management noted that compensation, particularly related to SBA and construction commissions, is the most variable line item affecting expenses [86][88]

2Q25 Investor Presentation July 23, 2025 © 2025 United Community Bank | ucbi.com Disclosures CAUTIONARY STATEMENT This Investor Presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In general, forward-looking statements usually may be identified through use of words such as "may," "believe," "expect," "anticipate," "intend," "will," "should," "plan," "estimate," "pre ...

Hanmi Financial (HAFC) Q2 2025 Earnings Call July 22, 2025 05:00 PM ET Company ParticipantsBen Brodkowitz - SVPBonita Lee - President, CEO & DirectorAnthony Kim - Senior EVP & Chief Banking OfficerRomolo Santarosa - Senior EVP & CFOKelly Motta - Managing DirectorAdam Kroll - Equity Research AssociateConference Call ParticipantsNone - AnalystOperatorLadies and gentlemen, welcome to Omni Financial Corporation's Second Quarter twenty twenty five Conference Call. As a reminder, today's call is being recorded fo ...

Hanmi Financial (HAFC) Q2 2025 Earnings Call July 22, 2025 05:00 PM ET Speaker0Ladies and gentlemen, welcome to Omni Financial Corporation's Second Quarter twenty twenty five Conference Call. As a reminder, today's call is being recorded for replay purposes. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. I would now like to turn the conference call over to Ben Brokowitz, Investor Relations for the company.Please go ahead,Speaker1T ...

LOS ANGELES, July 22, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the second quarter of 2025. Net income for the second quarter of 2025 was $15.1 million, or $0.50 per diluted share, compared with $17.7 million, or $0.58 per diluted share for the first quarter of 2025. The return on average assets for the second quarter of 2025 was 0.79% and the return on average equity was 7.48%, compare ...

Hope Bancorp (HOPE) Q2 2025 Earnings Call July 22, 2025 12:30 PM ET Company ParticipantsAngie Yang - SVP & Director - IRKevin Kim - Chairman, President & CEOJulianna Balicka - EVP & CFOKelly Motta - Managing DirectorPeter Koh - SEVP & COOTimothy Coffey - MD & Associate Director of Depository ResearchConference Call ParticipantsMatthew Clark - MD & Senior Research AnalystGary Tenner - MD & Senior Research AnalystOperatorPlease note this event is being recorded. I would now like to turn the conference over to ...

Financial Performance - MetroCity Bankshares reported net income of $16.8 million, or $0.65 per diluted share, for Q2 2025, an increase from $16.3 million in Q1 2025 and a slight decrease from $16.9 million in Q2 2024 [1][3] - For the first half of 2025, net income was $33.1 million, up from $31.6 million in the same period of 2024, representing a 4.9% increase [4] Revenue and Expenses - Net interest income for Q2 2025 was $32.2 million, an increase of $1.6 million from Q1 2025, driven by a rise in interest income [3][5] - Noninterest income for Q2 2025 was $5.7 million, a 5.1% increase from Q1 2025, attributed to higher gains on mortgage loans [9] - Noninterest expense totaled $14.1 million in Q2 2025, an increase of 2.3% from Q1 2025, primarily due to higher loan-related expenses and merger-related costs [13][14] Asset Quality - The provision for credit losses was $129,000 in Q2 2025, slightly down from $135,000 in Q1 2025, indicating stable asset quality [24] - Nonperforming assets decreased to $15.2 million, or 0.42% of total assets, down from $18.5 million in Q1 2025 [25][26] Balance Sheet - Total assets were $3.62 billion as of June 30, 2025, a decrease of $44 million from March 31, 2025, primarily due to declines in loans held for sale and investment [18] - Loans held for investment were $3.12 billion, a slight decrease from $3.13 billion in Q1 2025, but an increase from $3.09 billion in Q2 2024 [20] - Total deposits were $2.69 billion, down 1.7% from Q1 2025, reflecting a decrease in interest-bearing demand deposits [21][22] Merger Activity - MetroCity completed the acquisition of First IC Corporation and First IC Bank, with all regulatory approvals received, and the merger is expected to finalize in early Q4 2025 [2]

Company Overview - Hanmi Financial Corporation is the holding company for Hanmi Bank, headquartered in Los Angeles, California, and operates 32 full-service branches across multiple states including Georgia [4] - The Duluth branch is Hanmi's first full-service branch in Georgia, located less than 30 miles from Atlanta [2] Economic Context - Georgia is a significant hub for Korean business investment, with Korean companies announcing over $10 billion in new investments and creating more than 12,600 jobs in fiscal year 2023 [2] - Total trade between Georgia and Korea reached $17.5 billion last year, highlighting the strong economic partnership [2] Branch Services and Community Engagement - The Duluth branch offers a comprehensive range of personal and business banking services, including checking and savings accounts, commercial lending, and SBA loans [3] - The company aims to support local businesses and individuals, contributing to the economic vitality of the region through a relationship-based banking model [3] Leadership Statements - Bonnie Lee, President and CEO of Hanmi Financial Corporation, emphasized the importance of the expansion in Georgia as a step in the company's growth plans and expressed excitement about being part of the Duluth community [3]