Hanmi Financial (US:HAFC)2022-01-26 03:57Financial Performance Highlights - Net income reached $33.3 million, a 25.5% increase compared to the previous quarter's $26.6 million, and a 132.7% surge from $14.3 million in 4Q20[5] - Diluted EPS was $1.09, up from $0.86 in the prior quarter and $0.47 in 4Q20[5] - Loans receivable totaled $5.15 billion, reflecting a 6.0% increase from the prior quarter[5] - Deposits amounted to $5.79 billion, a 1.0% increase from the previous quarter[5] Key Ratios and Margins - Return on Average Assets (ROAA) stood at 1.93%[5] - Return on Average Equity (ROAE) was 20.89%[5] - Net Interest Margin (NIM) was 2.96%[5] - Efficiency Ratio was 53.81%[5] Loan Portfolio Composition - Commercial Real Estate (CRE) portfolio accounted for $3.70 billion with an average yield of 4.25%[7] - CRE constituted 72% of the total loan portfolio[11] - Hospitality segment declined by 17% since 1Q20, reaching $761 million at 4Q21, representing 14.8% of the loan portfolio[18] Deposit Base - Noninterest-bearing demand deposits increased by 1.0% from the prior quarter, reaching $2.57 billion, and represented 44.5% of total deposits[5]