Bank Of Hope Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 549300F570XAWYN8Z237

Tax ID: 95-3972168

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Bank Of Hope is a smaller bank specializing in Refi and Cash Out Refi loans. Bank Of Hope has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, San Diego, New York, Seattle, and Riverside among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bank Of Hope has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bank Of Hope is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.33% 12/16/24
    30 Year Conventional Refi 6.53% 12/16/24
    30 Year Cash-out Refi 6.68% 12/16/24
    15 Year Conventional Purchase 5.69% 12/16/24
    15 Year Conventional Refi 5.84% 12/16/24
    15 Year Cash-out Refi 5.84% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Bank Of Hope Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Bank Of Hope. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    702

    Origination Dollar Volume (All Markets)

    $371,000,000

    Employee count

    1,431 Show all (8) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 447 $235,615,000 $527,103 $3,950 2.97%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 55 $22,395,000 $407,182 $3,654 2.91%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 18 $19,280,000 $1,071,111 $5,652 3.49%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 12 $18,080,000 $1,506,667 $3,553 2.97%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 42 $15,460,000 $368,095 $3,556 2.92%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 20 $11,040,000 $552,000 $3,722 2.84%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 23 $10,735,000 $466,739 $4,124 3.15%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 32 $9,130,000 $285,313 $3,401 3.25%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 7 $5,345,000 $763,571 $3,779 2.99%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $4,275,000 $1,425,000 $2,546 3.21%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $2,975,000 $595,000 $4,121 3.08%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $2,855,000 $317,222 $4,328 2.63%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 6 $2,410,000 $401,667 $3,331 3.13%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $2,350,000 $1,175,000 $0 3.73%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $1,495,000 $498,333 $5,541 2.83%
    TUCSON, AZ (FHA|USDA|VA) 2 $1,170,000 $585,000 $4,635 3.13%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $985,000 $328,333 $3,578 2.92%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $760,000 $380,000 $2,929 2.75%
    MADERA, CA (FHA|USDA|VA) 1 $755,000 $755,000 $0 3.40%
    MODESTO, CA (FHA|USDA|VA) 1 $505,000 $505,000 $0 3.50%
    VALLEJO, CA (FHA|USDA|VA) 1 $475,000 $475,000 $4,361 2.75%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $445,000 $445,000 $2,884 2.88%
    NAPA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $5,188 2.88%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $415,000 $415,000 $3,290 3.38%
    STOCKTON, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,035 3.13%
    Edwards, CO (FHA|USDA|VA) 1 $395,000 $395,000 $3,699 2.88%
    SALINAS, CA (FHA|USDA|VA) 1 $375,000 $375,000 $0 3.49%
    Outside of Metro Areas 1 $225,000 $225,000 $4,672 2.63%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $205,000 $205,000 $3,327 3.13%
    Bank Of Hope's top markets include Los Angeles, San Diego, New York, Seattle, and Riverside among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Bank of Hope based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The First National Bank of Long Island
    Similarity Rank: 134
    North Jersey Federal Credit Union
    Similarity Rank: 247
    Glenview State Bank
    Similarity Rank: 312
    Liberty Bank for Savings
    Similarity Rank: 312
    Chaffey Federal Credit Union
    Similarity Rank: 345
    TRISTAR FINANCE, INC.
    Similarity Rank: 378
    MANHATTAN FINANCIAL GROUP, INC.
    Similarity Rank: 384
    N C P D Federal Credit Union
    Similarity Rank: 482
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 538
    MYPOINT Credit Union
    Similarity Rank: 560

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 702 $371,000,000 $528,490 $3,889 2.99%

    For 2020, Bank Of Hope's most frequently originated type of loan was Conventional, with 702 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 483 $214,215,000 $443,509 $3,510 2.91%
    Cash Out Refi 140 $101,660,000 $726,143 $4,101 3.14%
    Home Purchase 72 $52,980,000 $735,833 $6,948 3.24%
    Home Improvement 5 $1,485,000 $297,000 $3,468 3.10%
    Other 2 $660,000 $330,000 $3,339 2.88%

    For 2020, Bank Of Hope's most frequently cited loan purpose was Refi, with 483 originations. The 2nd most popular reason was Cash Out Refi, with 140 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 447 $208,345,000 $466,096 $4,098 3.06%
    15 Year 152 $51,230,000 $337,039 $3,453 2.57%
    Other 33 $42,825,000 $1,297,727 $0 3.59%
    20 Year 27 $10,025,000 $371,296 $3,243 2.83%
    5 Year 22 $20,450,000 $929,545 $0 3.78%
    10 Year 18 $22,140,000 $1,230,000 $3,322 2.99%
    3 Year 3 $15,985,000 $5,328,333 $0 3.88%

    For 2020, Bank Of Hope's most frequently cited loan duration was 30 Year, with 447 originations. The 2nd most popular length was 15 Year, with 152 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 500 $209,640,000 $419,280
    $2k-3k 37 $17,475,000 $472,297
    $3k-4k 14 $7,230,000 $516,429
    $5k+ 13 $10,465,000 $805,000
    $4k-5k 5 $3,055,000 $611,000

    Bank Of Hope's average total fees were $4,098, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 500 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 309 $130,255,000 $421,537
    3-4% 252 $191,890,000 $761,468
    <2.5% 130 $43,420,000 $334,000
    4-5% 9 $4,885,000 $542,778
    5-6% 2 $550,000 $275,000

    During 2020, Bank Of Hope's average interest rate for loans was 3.06%, while their most frequently originated rate bucket for loans was 2.5-3%, with 309 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 265 $128,435,000 $484,660 $3,711 3.00%
    $200k-400k 258 $79,270,000 $307,248 $3,467 2.91%
    $600k-1MM 91 $66,485,000 $730,604 $5,480 3.21%
    $100k-200k 48 $7,860,000 $163,750 $3,269 2.66%
    $1MM+ 37 $88,695,000 $2,397,162 $9,275 3.44%
    $100,000 or less 3 $255,000 $85,000 $2,966 2.83%

    2020 saw Bank Of Hope place emphasis on $400k-600k loans with 265 originations, totaling $128,435,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 171 $84,435,000 $493,772 $4,160 3.03%
    $100k-150k 130 $55,480,000 $426,769 $3,863 2.93%
    $250k+ 111 $59,055,000 $532,027 $4,444 3.01%
    $75k-100k 82 $28,370,000 $345,976 $3,502 2.95%
    $50k-75k 41 $10,555,000 $257,439 $3,523 2.81%
    $50k or less 8 $1,940,000 $242,500 $3,198 2.81%

    Bank Of Hope lent most frequently to those with incomes in the $150k-250k range, with 171 originations. The second most popular income band? $100k-150k, with 130 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 147 $61,805,000 $420,442 $3,727 2.86%
    30-36% 100 $43,660,000 $436,600 $4,072 2.86%
    <20% 60 $26,590,000 $443,167 $3,746 2.83%
    43% 31 $14,825,000 $478,226 $3,781 3.13%
    39% 31 $14,395,000 $464,355 $3,923 2.92%
    49% 28 $11,200,000 $400,000 $3,896 2.86%
    36% 27 $10,675,000 $395,370 $3,598 3.02%
    41% 27 $10,635,000 $393,889 $3,533 2.94%
    44% 25 $9,955,000 $398,200 $3,772 3.08%
    40% 24 $10,080,000 $420,000 $3,914 2.87%
    48% 24 $9,030,000 $376,250 $4,352 2.83%
    37% 23 $9,155,000 $398,043 $4,205 3.04%
    42% 21 $10,065,000 $479,286 $4,245 3.02%
    45% 19 $7,755,000 $408,158 $3,615 2.88%
    38% 19 $8,675,000 $456,579 $3,631 3.16%
    46% 15 $6,785,000 $452,333 $4,166 3.02%
    47% 14 $6,980,000 $498,571 $4,992 3.11%
    50-60% 1 $395,000 $395,000 $3,927 3.00%

    Bank Of Hope lent most frequently to those with DTI ratios of 20-30%, with 147 originations. The next most common DTI ratio? 30-36%, with 100 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 307 $119,235,000 $388,388 $3,698 2.87%
    White 187 $93,075,000 $497,727 $4,363 3.05%
    Not applicable 52 $89,210,000 $1,715,577 $0 3.62%
    Not provided 152 $66,960,000 $440,526 $3,742 2.97%
    Black 3 $1,765,000 $588,333 $3,438 2.92%
    American Indian 1 $755,000 $755,000 $0 3.40%

    Approval Rates

    Total approvals of all applications
    95.43%

    Bank Of Hope has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    80.63%

    Bank Of Hope has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 702 $371,000,000 $528,490

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 52 $89,920,000 $1,729,231
    Single Family (1-4 Units):Site-Built 650 $281,080,000 $432,431

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 171 $65,815,000 $384,883 $3,706 2.86%
    40-60% 274 $164,960,000 $602,044 $3,702 2.97%
    60-80% 216 $120,480,000 $557,778 $4,186 3.11%
    80-100% 14 $7,330,000 $523,571 $5,619 3.21%
    Over 100% 1 $4,155,000 $4,155,000 $0 3.25%
    Under 20% 26 $8,260,000 $317,692 $3,686 2.95%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Incorrect information on your report 1 3.8%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 2 7.7%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 4 15.4%
    BANK OF THE WEST Other type of mortgage Struggling to pay mortgage 2 7.7%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.8%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 6 23.1%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 3.8%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 2 7.7%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 4 15.4%
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 7.7%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 1 3.8%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bank of Hope 10000 Harwin Drive Houston, TX 77036 Full Service Retail $60,541
    Bank of Hope 10147 Reseda Boulevard Northridge, CA 91324 Full Service B&M $168,935
    Bank of Hope 1040 S. Mt. Vernon Ave. #a Colton, CA 92324 Full Service B&M $170,462
    Bank of Hope 1100 South San Pedro Street, Unit L21-L25 Los Angeles, CA 90015 Full Service B&M $260,787
    Bank of Hope 1102 East El Camino Real Sunnyvale, CA 94087 Full Service B&M $291,654
    Bank of Hope 1205 South Broadway Los Angeles, CA 90015 Full Service B&M $275,973
    Bank of Hope 1300 South San Pedro Street Los Angeles, CA 90021 Full Service B&M $161,990
    Bank of Hope 1338 Blalock Road Houston, TX 77055 Full Service B&M $39,419
    Bank of Hope 138-02 Northern Boulevard Flushing, NY 11354 Full Service B&M $217,221
    Bank of Hope 13890 Braddock Road Centreville, VA 20121 Full Service B&M $45,005
    Bank of Hope 14407 Culver Dr. Irvine, CA 92604 Full Service B&M $178,576
    Bank of Hope 15024 Northern Blvd Flushing, NY 11354 Full Service B&M $45,588
    Bank of Hope 16 West 32nd Street New York, NY 10001 Full Service B&M $532,566
    Bank of Hope 1605 Eastern Boulevard Montgomery, AL 36117 Full Service B&M $34,247
    Bank of Hope 162-05 Crocheron Ave Flushing, NY 11358 Full Service B&M $166,158
    Bank of Hope 1645 Milwaukee Avenue Glenview, IL 60025 Full Service B&M $87,030
    Bank of Hope 1655 West Redondo Beach Boulevard Gardena, CA 90247 Full Service B&M $457,490
    Bank of Hope 1709 South Nogales St. Suite 100 Rowland Heights, CA 91748 Full Service B&M $120,930
    Bank of Hope 172 Main Street Fort Lee, NJ 7024 Full Service B&M $199,700
    Bank of Hope 17410 Highway 99, Suite 130 Lynnwood, WA 98037 Full Service B&M $106,114
    Bank of Hope 17500 Carmenita Road Cerritos, CA 90703 Full Service B&M $263,653
    Bank of Hope 1939 Harrison St Suite 190 Oakland, CA 94612 Full Service B&M $123,627
    Bank of Hope 19811 Colima Road Walnut, CA 91789 Full Service B&M $152,606
    Bank of Hope 209-07 Northern Blvd. Bayside, NY 11361 Full Service B&M $162,149
    Bank of Hope 2222 W. Olympic Blvd. Los Angeles, CA 90006 Full Service B&M $658,411
    Bank of Hope 2237 Royal Ln Dallas, TX 75229 Full Service B&M $149,422
    Bank of Hope 2424 Sepulveda Blvd., #a Torrance, CA 90501 Full Service B&M $336,633
    Bank of Hope 253 N. Western Ave. Los Angeles, CA 90005 Full Service B&M $121,641
    Bank of Hope 2727 West Olympic Boulevard Los Angeles, CA 90006 Full Service B&M $392,311
    Bank of Hope 2809 S. Diamond Bar Blvd. Diamond Bar, CA 91765 Full Service B&M $100,375
    Bank of Hope 303 Broad Avenue Palisades Park, NJ 7650 Full Service B&M $72,400
    Bank of Hope 31827-B Pacific Hwy South Federal Way, WA 98003 Full Service B&M $95,947
    Bank of Hope 3200 Wilshire Boulevard Suite 1400 Los Angeles, CA 90010 Full Service B&M $3,660,762
    Bank of Hope 3231 Foothill Blvd., Suite 205 La Crescenta, CA 91214 Full Service B&M $170,342
    Bank of Hope 3267 W Olympic Blvd Los Angeles, CA 90006 Full Service B&M $320,006
    Bank of Hope 3301 184th St Sw #125 Lynnwood, WA 98037 Full Service B&M $134,699
    Bank of Hope 3435 Wilshire Blvd. #150 Los Angeles, CA 90010 Full Service B&M $156,302
    Bank of Hope 3600 Wilshire Boulevard, Suite 100-A Los Angeles, CA 90010 Full Service B&M $316,390
    Bank of Hope 3832 Wilshire Boulevard Los Angeles, CA 90010 Full Service B&M $318,943
    Bank of Hope 401 E. 11th Street, Suite 211 Los Angeles, CA 90015 Full Service B&M $290,775
    Bank of Hope 4428 Convoy St. #a-200 San Diego, CA 92111 Full Service B&M $107,528
    Bank of Hope 474 Sylvan Avenue Englewood Cliffs, NJ 7632 Full Service B&M $126,026
    Bank of Hope 485 Great Neck Rd Great Neck, NY 11021 Limited, Drive-thru $99,990
    Bank of Hope 4875 La Palma Avenue La Palma, CA 90623 Full Service B&M $169,024
    Bank of Hope 50-15 Roosevelt Avenue Woodside, NY 11377 Full Service B&M $175,776
    Bank of Hope 5300 Beach Boulevard, Unit 101 Buena Park, CA 90621 Full Service B&M $203,349
    Bank of Hope 5307 Beach Boulevard Buena Park, CA 90621 Limited, Drive-thru $231,483
    Bank of Hope 5526 West Touhy Avenue Skokie, IL 60077 Full Service B&M $213,842
    Bank of Hope 6350 Pacific Boulevard Huntington Park, CA 90255 Full Service B&M $65,144
    Bank of Hope 7410-A Little River Turnpike Annandale, VA 22003 Full Service B&M $53,395
    Bank of Hope 7553 Boulevard 26 North Richland Hills, TX 76180 Full Service B&M $23,729
    Bank of Hope 801 Civic Center Drive, Ste. 155 Niles, IL 60714 Full Service B&M $59,739
    Bank of Hope 83 West Golf Road Arlington Heights, IL 60005 Full Service B&M $155,421
    Bank of Hope 8401 Reseda Boulevard Northridge, CA 91324 Full Service B&M $253,723
    Bank of Hope 841 South Western Avenue Los Angeles, CA 90005 Full Service B&M $191,388
    Bank of Hope 8504 Golf Road Niles, IL 60714 Full Service B&M $116,338
    Bank of Hope 8608 South Tacoma Way Lakewood, WA 98499 Full Service B&M $99,610
    Bank of Hope 9580 Garden Grove Boulevard, Suite 100 Garden Grove, CA 92844 Full Service B&M $180,680

    For 2020, Bank Of Hope had 58 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $599,371
    Net interest income $482,137
    Total noninterest income $39,494
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $15,632
    Trading account gains and fees $0
    Additional Noninterest Income $23,862
    Pre-tax net operating income $153,734
    Securities gains (or losses, -) $8,019
    Income before extraordinary items $125,780
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $125,780
    Minority interest net income $0
    Net income $125,780
    Sale, conversion, retirement of capital stock, net $6,649
    Net operating income $119,444

    Bank Of Hope's gross interest income from loans was $599,371,000.
    Bank Of Hope's net interest income from loans was $482,137,000.
    Bank Of Hope's fee based income from loans was $15,632,000.
    Bank Of Hope's net income from loans was $125,780,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $117,234
    Provision for credit losses $95,000
    Total noninterest expense $272,897
    Salaries and employee benefits $163,978
    Premises and equipment expense $45,170
    Additional noninterest expense $63,749
    Applicable income taxes $35,973
    Net charge-offs $8,603
    Cash dividends $96,000

    Bank Of Hope's interest expense for loans was $117,234,000.
    Bank Of Hope's payroll and benefits expense were $163,978,000.
    Bank Of Hope's property, plant and equipment expenses $45,170,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 6.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 36.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 2.7%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $14,354,290
    Deposits held in domestic offices $14,354,290
    Deposits by Individuals, partnerships, and corporations $13,775,649
    Deposits by U.S. Government $44
    Deposits by States and political subdivisions in the U.S. $417,035
    Deposits by Commercial banks and other depository institutions in U.S. $141,246
    Deposits by Banks in foreign countries $20,316
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,407,062
    Demand deposits $1,407,062
    Nontransaction accounts $12,947,228
    Money market deposit accounts (MMDAs) $8,659,964
    Other savings deposits (excluding MMDAs) $157,798
    Total time deposits $4,129,466
    Total time and savings deposits $12,947,228
    Noninterest-bearing deposits $4,834,612
    Interest-bearing deposits $9,519,678
    Retail deposits $11,363,795
    IRAs and Keogh plan accounts $209,879
    Brokered deposits $1,135,534
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $17,104,484
    Cash & Balances due from depository institutions $443,233
    Interest-bearing balances $296,302
    Total securities $2,313,223
    Federal funds sold & reverse repurchase $0
    Net loans and leases $13,374,215
    Loan and leases loss allowance $206,741
    Trading account assets $0
    Bank premises and fixed assets $88,102
    Other real estate owned $20,121
    Goodwill and other intangibles $486,850
    All other assets $378,740

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $17,104,484
    Total Liabilities $14,769,148
    Total deposits $14,354,290
    Interest-bearing deposits $9,519,678
    Deposits held in domestic offices $14,354,290
    % insured (estimated) $37
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $250,000
    Subordinated debt $0
    All other liabilities $164,858

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $13,374,215
    Loan and leases loss allowance $206,741
    Total loans and leases (domestic) $13,580,956
    All real estate loans $9,292,625
    Real estate loans in domestic offices $9,292,625
    Construction and development loans $309,100
    Residential 1-4 family construction $12,327
    Other construction, all land development and other land $296,773
    Loans secured by nonfarm nonresidential properties $7,916,990
    Nonfarm nonresidential secured by owner-occupied properties $2,794,678
    Commercial real estate & other non-farm, non-residential $5,122,312
    Multifamily residential real estate $404,016
    1-4 family residential loans $660,973
    Farmland loans $1,546
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $3,162,256
    To non-U.S. addressees $0
    Loans to individuals $42,595
    Credit card loans $5,097
    Related Plans $29,352
    Consumer Auto Loans $4
    Other loans to individuals $8,142
    All other loans & leases $1,083,480
    Loans to foreign governments and official institutions $0
    Other loans $1,055,189
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $57,448
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $36,797
    Non 1-4 family restructured loans & leases $36,696
    Total loans and leases (foreign) $0

    Bank of Hope had $13,374,215,000 of loans outstanding in 2020. $9,292,625,000 of loans were in real estate loans. $309,100,000 of loans were in development loans. $404,016,000 of loans were in multifamily mortgage loans. $660,973,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $5,097,000 of loans were in credit card loans. $4,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 2,244 $845,677 $376,861
    Nonfarm, nonresidential loans - <$100k 11 $500 $45,455
    Nonfarm, nonresidential loans - $100-250k 241 $24,691 $102,452
    Nonfarm, nonresidential loans - $250k-1MM 1,992 $820,486 $411,891
    Commercial & Industrial, US addressed loans - <$1MM 7,523 $719,917 $95,695
    Commercial & Industrial, US addressed loans - <$100k 4,664 $157,516 $33,773
    Commercial & Industrial, US addressed loans - $100-250k 1,628 $191,790 $117,807
    Commercial & Industrial, US addressed loans - $250k-1MM 1,231 $370,611 $301,065