Hanmi Financial (HAFC) 10-Q 6 Aug 24 2024 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2024	Jul. 30, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Trading Symbol	HAFC
Entity Registrant Name	HANMI FINANCIAL CORPORATION
Entity Central Index Key	0001109242
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		30,268,376
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	000-30421
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4788120
Entity Address, Address Line One	900 Wilshire Boulevard
Entity Address, Address Line Two	Suite 1250
Entity Address, City or Town	Los Angeles
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90017
City Area Code	213
Local Phone Number	382-2200
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, $0.001 par value
Security Exchange Name	NASDAQ
Document Quarterly Report	true
Document Transition Report	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 313,079	$ 302,324
Securities available for sale, at fair value (amortized cost of $985,305 and $967,031 as of June 30, 2024 and December 31, 2023, respectively)	877,638	865,739
Loans held for sale, at the lower of cost or fair value	10,467	12,013
Loans receivable, net of allowance for credit losses of $67,729 and $69,462 as of June 30, 2024 and December 31, 2023, respectively	6,108,630	6,112,972
Accrued interest receivable	23,958	23,371
Premises and equipment, net	21,955	21,959
Customers' liability on acceptances	551	625
Servicing assets	6,836	7,070
Goodwill and other intangible assets, net	11,048	11,099
Federal Home Loan Bank ("FHLB") stock, at cost	16,385	16,385
Income tax assets	42,246	35,226
Bank-owned life insurance	56,534	56,335
Prepaid expenses and other assets	97,020	105,223
Total assets	7,586,347	7,570,341
Deposits:
Noninterest-bearing	1,959,963	2,003,596
Interest-bearing	4,369,377	4,276,978
Total deposits	6,329,340	6,280,574
Accrued interest payable	47,699	39,306
Bank's liability on acceptances	551	625
Borrowings	292,500	325,000
Subordinated debentures ($136,800 and $136,800 face amount less unamortized discount and debt issuance costs of $6,482 and $6,788 as of June 30, 2024 and December 31, 2023, respectively)	130,318	130,012
Accrued expenses and other liabilities	78,880	92,933
Total liabilities	6,879,288	6,868,450
Stockholders' equity:
Preferred stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of June 30, 2024 and December 31, 2023
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 34,124,910 shares (30,272,110 shares outstanding) and 33,918,035 shares (30,368,655 shares outstanding) as of June 30, 2024 and December 31, 2023, respectively	34	34
Additional paid-in capital	588,647	586,912
Accumulated other comprehensive loss, net of tax benefit of $31,854 and $29,058 as of June 30, 2024 and December 31, 2023, respectively	(78,000)	(71,928)
Retained earnings	333,392	319,048
Less treasury stock; 3,852,800 shares and 3,549,380 shares as of June 30, 2024 and December 31, 2023, respectively	(137,014)	(132,175)
Total stockholders' equity	707,059	701,891
Total liabilities and stockholders' equity	$ 7,586,347	$ 7,570,341

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Amortized cost of securities available for sale	$ 985,305	$ 967,031
Loans receivable, allowance for credit losses	67,729	69,462
Face amount of subordinated debentures	136,800	136,800
Unamortized discount and debt issuance costs	$ 6,482	$ 6,788
Preferred stock par value (in USD per share)	$ 0.001	$ 0.001
Preferred stock authorized (shares)	10,000,000	10,000,000
Preferred stock issued (shares)	0	0
Common stock par value (in USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	62,500,000	62,500,000
Common stock issued (shares)	34,124,910	33,918,035
Common stock outstanding (shares)	30,272,110	30,368,655
Accumulated other comprehensive (loss) income, tax benefit	$ 31,854	$ 29,058
Treasury stock (shares)	3,852,800	3,549,380

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest and dividend income:
Interest and fees on loans receivable	$ 90,752	$ 83,567	$ 182,427	$ 164,490
Interest on securities	5,238	4,126	10,193	8,152
Dividends on FHLB stock	357	283	719	572
Interest on deposits in other banks	2,313	2,794	4,914	4,859
Total interest and dividend income	98,660	90,770	198,253	178,073
Interest expense:
Interest on deposits	46,495	32,115	92,133	57,613
Interest on borrowings	1,896	1,633	3,551	4,002
Interest on subordinated debentures	1,649	1,600	3,295	3,182
Total interest expense	50,040	35,348	98,979	64,797
Net interest income before credit loss expense	48,620	55,422	99,274	113,276
Credit loss expense (recovery)	961	(77)	1,188	2,056
Net interest income after credit loss expense (recovery)	47,659	55,499	98,086	111,220
Noninterest income:
Service charges on deposit accounts	2,429	2,571	4,878	5,151
Trade finance and other service charges and fees	1,277	1,173	2,691	2,431
Gain on sale of Small Business Administration ("SBA") loans	1,644	1,212	3,126	3,081
Other operating income	2,707	2,979	5,095	5,608
Total noninterest income	8,057	7,935	15,790	16,271
Noninterest expense:
Salaries and employee benefits	20,434	20,365	42,019	40,975
Occupancy and equipment	4,607	4,500	9,144	8,912
Data processing	3,686	3,465	7,237	6,718
Professional fees	1,749	1,376	3,642	2,710
Supplies and communications	570	638	1,172	1,314
Advertising and promotion	669	748	1,576	1,581
Other operating expenses	3,561	3,188	6,930	4,862
Total noninterest expense	35,276	34,280	71,720	67,072
Income before tax	20,440	29,154	42,156	60,419
Income tax expense	5,989	8,534	12,541	17,807
Net income	$ 14,451	$ 20,620	$ 29,615	$ 42,612
Basic earnings per share	$ 0.48	$ 0.68	$ 0.98	$ 1.4
Diluted earnings per share	$ 0.48	$ 0.67	$ 0.97	$ 1.39
Weighted-average shares outstanding:
Basic	30,055,913	30,324,264	30,089,341	30,320,281
Diluted	30,133,646	30,387,041	30,166,181	30,383,226

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 14,451	$ 20,620	$ 29,615	$ 42,612
Unrealized gain (loss):
Unrealized holding gain (loss) on available for sale securities	(1,277)	(9,730)	(6,375)	3,877
Unrealized loss on cash flow hedges	(746)		(2,953)
Unrealized gain (loss)	(2,023)	(9,730)	(9,328)	3,877
Income tax benefit (expense) related to other comprehensive income items	588	2,827	2,933	(849)
Other comprehensive income (loss), net of tax	(1,435)	(6,903)	(6,395)	3,028
Reclassification adjustment for losses included in net income	460	1,871	460	1,871
Income tax benefit related to reclassification adjustment	(135)	(548)	(137)	(553)
Reclassification adjustment for (gains) losses included in net income, net of tax	325	1,323	323	1,318
Other comprehensive income (loss) net of tax	(1,110)	(5,580)	(6,072)	4,346
Total comprehensive income	$ 13,341	$ 15,040	$ 23,543	$ 46,958

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock - Number of Shares, Shares Issued	Treasury Stock, Common [Member]	Additional Paid-in Capital	Accumulated Other Comprehensive Loss	Retained Earnings
Balance at beginning of period at Dec. 31, 2022	$ 637,515	$ 33	$ (126,485)	$ 583,410	$ (88,985)	$ 269,542
Beginning balance, shares issued (shares) at Dec. 31, 2022		33,708,234
Beginning balance, treasury stock (shares) at Dec. 31, 2022			(3,222,613)
Beginning balance, shares outstanding (shares) at Dec. 31, 2022		30,485,621
Stock options exercised	821			821
Stock options exercised (shares)		50,000
Stock options exercised, shares outstanding (shares)		50,000
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)		105,187
Share-based compensation expense	1,160			1,160
Shares surrendered to satisfy tax liability upon vesting of equity awards	(1,197)		$ (1,197)
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)		(55,020)	(55,020)
Repurchase of common stock	(1,444)		$ (1,444)
Repurchase of common stock (shares)		(100,000)	(100,000)
Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.50/share, $0.50/share)	(15,253)					(15,253)
Net income	42,612					42,612
Change in unrealized gain (loss) on securities available for sale, net of income taxes	4,346				4,346
Balance at end of period at Jun. 30, 2023	668,560	$ 33	$ (129,126)	585,391	(84,639)	296,901
Ending balance, shares issued (shares) at Jun. 30, 2023		33,863,421
Ending balance, treasury stock (shares) at Jun. 30, 2023			(3,377,633)
Ending balance, shares outstanding (shares) at Jun. 30, 2023		30,485,788
Balance at beginning of period at Mar. 31, 2023	662,165	$ 33	$ (127,603)	584,884	(79,059)	283,910
Beginning balance, shares issued (shares) at Mar. 31, 2023		33,827,801
Beginning balance, treasury stock (shares) at Mar. 31, 2023			(3,272,514)
Beginning balance, shares outstanding (shares) at Mar. 31, 2023		30,555,287
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)		35,620
Share-based compensation expense	507			507
Shares surrendered to satisfy tax liability upon vesting of equity awards	(79)		$ (79)
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)		(5,119)	(5,119)
Repurchase of common stock	(1,444)		$ (1,444)
Repurchase of common stock (shares)		(100,000)	(100,000)
Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.50/share, $0.50/share)	(7,629)					(7,629)
Net income	20,620					20,620
Change in unrealized gain (loss) on securities available for sale, net of income taxes	(5,580)				(5,580)
Balance at end of period at Jun. 30, 2023	668,560	$ 33	$ (129,126)	585,391	(84,639)	296,901
Ending balance, shares issued (shares) at Jun. 30, 2023		33,863,421
Ending balance, treasury stock (shares) at Jun. 30, 2023			(3,377,633)
Ending balance, shares outstanding (shares) at Jun. 30, 2023		30,485,788
Balance at beginning of period at Dec. 31, 2023	$ 701,891	$ 34	$ (132,175)	586,912	(71,928)	319,048
Beginning balance, shares issued (shares) at Dec. 31, 2023		33,918,035
Beginning balance, treasury stock (shares) at Dec. 31, 2023	(3,549,380)		(3,549,380)
Beginning balance, shares outstanding (shares) at Dec. 31, 2023		30,368,655
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)		206,875
Share-based compensation expense	$ 1,735			1,735
Shares surrendered to satisfy tax liability upon vesting of equity awards	(518)		$ (518)
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)		(33,420)	(33,420)
Repurchase of common stock	(4,321)		$ (4,321)
Repurchase of common stock (shares)		(270,000)	(270,000)
Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.50/share, $0.50/share)	(15,271)					(15,271)
Net income	29,615					29,615
Change in unrealized gain (loss) on securities available for sale, net of income taxes	(4,298)				(4,298)
Change in unrealized gain (loss) on cash flow hedge, net of income taxes	(1,774)				(1,774)
Balance at end of period at Jun. 30, 2024	$ 707,059	$ 34	$ (137,014)	588,647	(78,000)	333,392
Ending balance, shares issued (shares) at Jun. 30, 2024		34,124,910
Ending balance, treasury stock (shares) at Jun. 30, 2024	(3,852,800)		(3,852,800)
Ending balance, shares outstanding (shares) at Jun. 30, 2024		30,272,110
Balance at beginning of period at Mar. 31, 2024	$ 703,100	$ 34	$ (134,257)	587,687	(76,890)	326,526
Beginning balance, shares issued (shares) at Mar. 31, 2024		33,957,284
Beginning balance, treasury stock (shares) at Mar. 31, 2024			(3,680,926)
Beginning balance, shares outstanding (shares) at Mar. 31, 2024		30,276,358
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)		167,626
Share-based compensation expense	960			960
Shares surrendered to satisfy tax liability upon vesting of equity awards	(28)		$ (28)
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)		(1,874)	(1,874)
Repurchase of common stock	(2,729)		$ (2,729)
Repurchase of common stock (shares)		(170,000)	(170,000)
Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.50/share, $0.50/share)	(7,585)					(7,585)
Net income	14,451					14,451
Change in unrealized gain (loss) on securities available for sale, net of income taxes	(906)				(906)
Change in unrealized gain (loss) on cash flow hedge, net of income taxes	(204)				(204)
Balance at end of period at Jun. 30, 2024	$ 707,059	$ 34	$ (137,014)	$ 588,647	$ (78,000)	$ 333,392
Ending balance, shares issued (shares) at Jun. 30, 2024		34,124,910
Ending balance, treasury stock (shares) at Jun. 30, 2024	(3,852,800)		(3,852,800)
Ending balance, shares outstanding (shares) at Jun. 30, 2024		30,272,110

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Common stock (in usd per share)	$ 0.25	$ 0.25	$ 0.5	$ 0.5

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 29,615	$ 42,612
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,214	3,467
Amortization of servicing assets - net	1,366	1,223
Share-based compensation expense	1,735	1,160
Credit loss expense	1,188	2,056
Loss on sales of securities		1,871
(Gain) loss on sales of SBA loans	(3,126)	(3,081)
Origination of SBA loans held for sale	(47,595)	(48,904)
Proceeds from sales of SBA loans	51,070	51,710
(Gain) loss on sales of residential loans	(808)
Change in bank-owned life insurance	131	(541)
Change in prepaid expenses and other assets	4,730	(1,417)
Change in income tax assets	(4,087)	7,091
Valuation adjustment on servicing assets		(385)
Change in accrued interest payable and other liabilities	(5,399)	13,269
Net cash provided by operating activities	32,034	70,131
Cash flows from investing activities:
Purchases of securities available for sale	(78,454)	(32,928)
Proceeds from matured, called and repayment of securities	58,848	44,347
Proceeds from sales of securities available for sale		8,149
Purchases of loans receivable	(24,656)
Proceeds from sales of mortgage loans	50,352
Purchases of premises and equipment	(1,563)	(1,663)
Change in loans receivable, excluding purchases	(21,956)	(1,173)
Net cash provided by (used in) investing activities	(17,429)	16,732
Cash flows from financing activities:
Change in deposits	48,765	147,696
Change in borrowings	(32,500)	(225,000)
Cash paid for employee vested shares surrendered due to employee tax liability	(518)	(376)
Repurchase of common stock	(4,326)	(1,444)
Cash dividends paid	(15,271)	(15,253)
Net cash used in financing activities	(3,850)	(94,377)
Net increase (decrease) in cash and due from banks	10,755	(7,514)
Cash and due from banks at beginning of year	302,324	352,421
Cash and due from banks at end of period	313,079	344,907
Supplemental disclosures of cash flow information:
Interest paid	90,586	37,968
Income taxes paid	22,365	9,994
Non-cash activities:
Transfer of fixed assets to other real estate owned	655
Income tax benefit (expense) related to other comprehensive income items	2,796	(1,402)
Change in Right-of-use Asset Obtained in Exchange for Lease Liability	$ (1,932)	1,089
Cashless exercise of stock options		$ 821

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 14,451	$ 20,620	$ 29,615	$ 42,612

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization and Basis of Prese

Organization and Basis of Presentation	6 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	Note 1 — Organization and Basis of Presentation Hanmi Financial Corporation (“Hanmi Financial,” the “Company,” “we,” “us” or “our”) is a bank holding company whose primary subsidiary is Hanmi Bank (the “Bank”). Our primary operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money by the Bank. In management’s opinion, the accompanying unaudited consolidated financial statements of Hanmi Financial and its subsidiaries reflect all adjustments of a normal and recurring nature that are necessary for a fair presentation of the results for the interim period ended June 30, 2024. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted. The unaudited consolidated financial statements are prepared in conformity with GAAP and in accordance with the instructions to Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission. Operating results for the three-month or six-month periods ended June 30, 2024 are not necessarily indicative of the results that may be expected for the year ended December 31, 2024 or for any other period. The interim information should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Annual Report on Form 10-K”). The preparation of interim unaudited consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions affect the amounts reported in the unaudited financial statements and disclosures provided, and actual results could differ. Recently Issued Accounting Standards Not Yet Effective Accounting Standards Update (“ASU”) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures: In December 2023, the Financial Accounting Standards Board (“FASB”) issued ASU 2023-09 to enhance the transparency and usefulness of income tax disclosures primarily related to income tax rate reconciliation and income taxes information. The amendments in ASU 2023-09 are effective for fiscal years beginning after December 15, 2024. The adoption of ASU 2023-09 is not expected to have material effect on the Company’s operating results or financial condition. A SU 2023-07, Segment Reporting (Topic 280): Segment Reporting: In November 2023, FASB issued ASU 2023-07 to provide updates that improve reportable segment disclosure requirements, primarily through enhanced disclosures on significant segment expenses. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2024. The adoption of ASU 2023-07 is not expected to have material effect on the Company’s operating results or financial condition.

Securities

Securities	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Securities	Note 2 — Securities The following is a summary of securities available for sale as of the dates indicated: Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gain Loss Value (in thousands) June 30, 2024 U.S. Treasury securities $ 101,003 $ 24 $ ( 1,031 ) $ 99,996 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential 480,881 162 ( 66,175 ) 414,868 Mortgage-backed securities - commercial 65,402 21 ( 12,551 ) 52,872 Collateralized mortgage obligations 134,155 116 ( 10,059 ) 124,212 Debt securities 127,258 — ( 6,656 ) 120,602 Total U.S. government agency and sponsored agency obligations 807,696 299 ( 95,441 ) 712,554 Municipal bonds-tax exempt 76,606 — ( 11,518 ) 65,088 Total securities available for sale $ 985,305 $ 323 $ ( 107,990 ) $ 877,638 December 31, 2023 U.S. Treasury securities $ 86,355 $ 173 $ ( 1,040 ) $ 85,488 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential 504,544 481 ( 62,697 ) 442,328 Mortgage-backed securities - commercial 59,973 — ( 11,982 ) 47,991 Collateralized mortgage obligations 106,823 237 ( 9,649 ) 97,411 Debt securities 132,215 — ( 7,590 ) 124,625 Total U.S. government agency and sponsored agency obligations 803,555 718 ( 91,918 ) 712,355 Municipal bonds-tax exempt 77,121 — ( 9,225 ) 67,896 Total securities available for sale $ 967,031 $ 891 $ ( 102,183 ) $ 865,739 The amortized cost and estimated fair value of securities as of June 30, 2024 and December 31, 2023, by contractual or expected maturity, are shown below. Collateralized mortgage obligations are included in the table shown below based on their expected maturities. All other securities are included based on their contractual maturities. June 30, 2024 December 31, 2023 Available for Sale Available for Sale Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value (in thousands) Within one year $ 103,597 $ 101,624 $ 62,521 $ 61,828 Over one year through five years 138,045 131,977 169,176 160,983 Over five years through ten years 89,869 80,840 83,720 77,608 Over ten years 653,794 563,197 651,614 565,320 Total $ 985,305 $ 877,638 $ 967,031 $ 865,739 The following table summarizes debt securities available for sale in an unrealized loss position for which an allowance for credit losses has not been recorded at June 30, 2024 or December 31, 2023, aggregated by major security type and length of time in a continuous unrealized loss position: Holding Period Less than 12 Months 12 Months or More Total Gross Estimated Number Gross Estimated Number Gross Estimated Number Unrealized Fair of Unrealized Fair of Unrealized Fair of Loss Value Securities Loss Value Securities Loss Value Securities (in thousands, except number of securities) June 30, 2024 U.S. Treasury securities $ ( 204 ) $ 53,200 17 $ ( 827 ) $ 33,383 11 $ ( 1,031 ) $ 86,583 28 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential ( 223 ) 26,217 11 ( 65,952 ) 379,731 117 ( 66,175 ) 405,948 128 Mortgage-backed securities - commercial ( 4 ) 4,380 1 ( 12,547 ) 46,487 15 ( 12,551 ) 50,867 16 Collateralized mortgage obligations ( 259 ) 37,445 10 ( 9,800 ) 64,784 26 ( 10,059 ) 102,229 36 Debt securities ( 6,656 ) 120,602 25 ( 6,656 ) 120,602 25 Total U.S. government agency and sponsored agency obligations ( 486 ) 68,042 22 ( 94,955 ) 611,604 183 ( 95,441 ) 679,646 205 Municipal bonds-tax exempt ( 11,518 ) 65,088 19 ( 11,518 ) 65,088 19 Total $ ( 690 ) $ 121,242 39 $ ( 107,300 ) $ 710,075 213 $ ( 107,990 ) $ 831,317 252 December 31, 2023 U.S. Treasury securities $ ( 57 ) $ 21,024 7 $ ( 983 ) $ 32,449 11 $ ( 1,040 ) $ 53,473 18 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential ( 11 ) 2,324 5 ( 62,686 ) 411,417 118 ( 62,697 ) 413,741 123 Mortgage-backed securities - commercial — — — ( 11,982 ) 47,991 15 ( 11,982 ) 47,991 15 Collateralized mortgage obligations ( 38 ) 7,074 2 ( 9,611 ) 63,610 24 ( 9,649 ) 70,684 26 Debt securities — — — ( 7,590 ) 124,625 26 ( 7,590 ) 124,625 26 Total U.S. government agency and sponsored agency obligations ( 49 ) 9,398 7 ( 91,869 ) 647,643 183 ( 91,918 ) 657,041 190 Municipal bonds-tax exempt — — — ( 9,225 ) 67,896 19 ( 9,225 ) 67,896 19 Total $ ( 106 ) $ 30,422 14 $ ( 102,077 ) $ 747,988 213 $ ( 102,183 ) $ 778,410 227 The Company evaluates its available for sale securities portfolio for impairment on a quarterly basis. The Company did no t recognize unrealized losses in income because it has the ability and the intent to hold and does not expect to be required to sell these securities until the recovery of their cost basis. The quarterly impairment assessment takes into account the changes in the credit quality of these debt securities since acquisition and the likelihood of a credit loss occurring over the life of the securities. In the event that a credit loss is expected to occur in the future, an allowance is established and a corresponding credit loss is recognized. Based on this analysis, as of June 30, 2024, the Company determined that no credit losses were expected to be realized on the tax-exempt municipal bond portfolio. The remainder of the portfolio consists of U.S. Treasury obligations, U.S. government agency securities, and U.S. government sponsored agency securities, all of which have the backing of the U.S. government, and are therefore not expected to incur credit losses. Realized gains and losses on sales of securities and proceeds from sales of securities were as follows for the periods indicated: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (in thousands) Gross realized gains on sales of securities $ — $ — $ — $ — Gross realized losses on sales of securities — ( 1,871 ) — ( 1,871 ) Net realized gains (losses) on sales of securities $ — $ ( 1,871 ) $ — $ ( 1,871 ) Proceeds from sales of securities $ — $ 8,149 $ — $ 8,149 There were no sales of securities during the three and six months ended June 30, 2024. During the three and six months ended June 30, 2023, there were $ 1.9 million in net losses in earnings resulting from the sale of $ 8.1 million of securities previously recorded with $ 1.7 million unrealized losses in accumulated other comprehensive income. Securities available for sale with market values of $ 31.4 million and $ 24.8 million as of June 30, 2024 and December 31, 2023, respectively, were pledged to secure borrowings from the Federal Reserve Bank (“FRB”) Discount Window. At June 30, 2024, there were no holdings of securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10 % of stockholders’ equity.

Loans

Loans	6 Months Ended
	Jun. 30, 2024
Receivables [Abstract]
Loans	Note 3 — Loans Loans Receivable Loans consisted of the following as of the dates indicated: June 30, 2024 December 31, 2023 (in thousands) Real estate loans: Commercial property Retail $ 1,094,728 $ 1,107,360 Hospitality 754,600 740,519 Office 572,532 574,981 Other (1) 1,360,139 1,366,534 Total commercial property loans 3,781,999 3,789,394 Construction 106,506 100,345 Residential (2) 954,209 962,661 Total real estate loans 4,842,714 4,852,400 Commercial and industrial loans (3) 802,372 747,819 Equipment financing agreements 531,273 582,215 Loans receivable 6,176,359 6,182,434 Allowance for credit losses ( 67,729 ) ( 69,462 ) Loans receivable, net $ 6,108,630 $ 6,112,972 (1) Includes mixed-use, multifamily, industrial, gas stations, faith-based facilities, and medical; all other property types represent less than one percent of total loans receivable. (2) Includes $ 1.5 million and $ 1.9 million of home equity loans and lines, and $ 4.9 million and $ 4.5 million of personal loans at June 30, 2024 and December 31, 2023, respectively. (3) At June 30, 2024 and December 31, 2023, Paycheck Protection Program loans were $ 0.1 million and $ 0.2 million, respectively. Accrued interest on loans was $ 20.0 million and $ 19.8 million at June 30, 2024 and December 31, 2023, respectively. At June 30, 2024 and December 31, 2023, loans with carrying values of $ 2.41 billion and $ 2.36 billion, respectively, were pledged to secure advances from the FHLB. Loans Held for Sale The following is the activity for loans held for sale for the following periods: Real Estate Commercial and Industrial Total (in thousands) Three months ended June 30, 2024 Balance at beginning of period $ 1,454 $ 2,545 $ 3,999 Originations and transfers 20,572 9,391 29,963 Sales ( 14,877 ) ( 8,613 ) ( 23,490 ) Principal paydowns and amortization — ( 5 ) ( 5 ) Balance at end of period $ 7,149 $ 3,318 $ 10,467 Three months ended June 30, 2023 Balance at beginning of period $ 379 $ 3,273 $ 3,652 Originations and transfers 14,494 9,094 23,588 Sales ( 9,329 ) ( 10,614 ) ( 19,943 ) Principal paydowns and amortization — ( 4 ) ( 4 ) Balance at end of period $ 5,544 $ 1,749 $ 7,293 Real Estate Commercial and Industrial Total (in thousands) Six months ended June 30, 2024 Balance at beginning of period $ 8,792 $ 3,221 $ 12,013 Originations and transfers 30,186 17,409 47,595 Sales ( 31,775 ) ( 17,301 ) ( 49,076 ) Principal payoffs and amortization ( 54 ) ( 11 ) ( 65 ) Balance at end of period $ 7,149 $ 3,318 $ 10,467 Six months ended June 30, 2023 Balance at beginning of period $ 3,775 $ 4,268 $ 8,043 Originations and transfers 30,881 18,023 48,904 Sales ( 29,111 ) ( 20,532 ) ( 49,643 ) Principal payoffs and amortization ( 1 ) ( 10 ) ( 11 ) Balance at end of period $ 5,544 $ 1,749 $ 7,293 The following table presents loans purchased by portfolio segment for the following periods: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (in thousands) Commercial real estate $ 6,060 $ — $ 6,334 $ — Commercial and industrial 8,398 — 18,322 — Residential real estate 5,178 — 5,178 — Total $ 19,636 $ — $ 29,834 $ — Allowance for Credit Losses The following table details the information on the allowance for credit losses by portfolio segment for the following periods: Real Estate Commercial and Industrial Equipment Financing Agreements Total (in thousands) Three months ended June 30, 2024 Balance at beginning of period $ 42,584 $ 11,836 $ 13,850 $ 68,270 Charge-offs ( 93 ) ( 93 ) ( 2,152 ) ( 2,338 ) Recoveries 64 166 318 548 Credit loss expense (recovery) ( 403 ) ( 1,346 ) 2,998 1,249 Ending balance $ 42,152 $ 10,563 $ 15,014 $ 67,729 Three months ended June 30, 2023 Balance at beginning of period $ 43,531 $ 15,333 $ 13,385 $ 72,249 Charge-offs — ( 103 ) ( 2,604 ) ( 2,707 ) Recoveries 62 555 350 967 Credit loss expense (recovery) ( 539 ) 244 810 515 Ending balance $ 43,054 $ 16,029 $ 11,941 $ 71,024 Real Estate Commercial and Industrial Equipment Financing Agreements Total (in thousands) Six months ended June 30, 2024 Balance at beginning of period $ 45,499 $ 10,257 $ 13,706 $ 69,462 Charge-offs ( 93 ) ( 248 ) ( 4,120 ) ( 4,461 ) Recoveries 111 224 741 1,076 Credit loss expense (recovery) ( 3,365 ) 330 4,687 1,652 Ending balance $ 42,152 $ 10,563 $ 15,014 $ 67,729 Six months ended June 30, 2023 Balance at beginning of period $ 44,026 $ 15,267 $ 12,230 $ 71,523 Charge-offs ( 412 ) ( 312 ) ( 4,220 ) ( 4,944 ) Recoveries 130 791 829 1,750 Credit loss expense (recovery) ( 690 ) 283 3,102 2,695 Ending balance $ 43,054 $ 16,029 $ 11,941 $ 71,024 The table below presents the allowance for credit losses by portfolio segment as a percentage of the total allowance for credit losses and loans by portfolio segment as a percentage of the aggregate investment of loans receivable as of: June 30, 2024 December 31, 2023 Allowance Amount Percentage of Total Allowance Total Loans Percentage of Total Loans Allowance Amount Percentage of Total Allowance Total Loans Percentage of Total Loans (dollars in thousands) Real estate loans: Commercial property Retail $ 10,126 15.0 % $ 1,094,728 17.7 % $ 10,264 14.8 % $ 1,107,360 17.9 % Hospitality 11,995 17.7 754,600 12.2 15,534 22.4 740,519 12.0 Office 3,712 5.5 572,532 9.3 3,024 4.4 574,981 9.3 Other 7,889 11.6 1,360,139 22.0 8,663 12.4 1,366,534 22.1 Total commercial property loans 33,722 49.8 3,781,999 61.2 37,485 54.0 3,789,394 61.3 Construction 2,371 3.5 106,506 1.7 2,756 4.0 100,345 1.6 Residential 6,060 8.9 954,209 15.5 5,258 7.5 962,661 15.6 Total real estate loans 42,153 62.2 4,842,714 78.4 45,499 65.5 4,852,400 78.5 Commercial and industrial loans 10,563 15.6 802,372 13.0 10,257 14.8 747,819 12.1 Equipment financing agreements 15,013 22.2 531,273 8.6 13,706 19.7 582,215 9.4 Total $ 67,729 100.0 % $ 6,176,359 100.0 % $ 69,462 100.0 % $ 6,182,434 100.0 % The following table represents the amortized cost basis of collateral-dependent loans by class of loans, for which repayment is expected to be obtained through the sale of the underlying collateral, as of: June 30, 2024 December 31, 2023 (in thousands) Real estate loans: Commercial property Retail $ 560 $ 1,530 Hospitality 282 338 Other 2,950 305 Total commercial property loans 3,792 2,173 Construction 1,225 — Residential 813 1 Total real estate loans 5,830 2,174 Commercial and industrial loans 3,927 5,178 Total $ 9,757 $ 7,352 Loan Quality Indicators As part of the on-going monitoring of the quality of our loans portfolio, we utilize an internal loan grading system to identify credit risk and assign an appropriate grade (from 1 to 8) for each loan in our portfolio. Third-party loan reviews are conducted annually on a sample basis. Additional adjustments are made when determined to be necessary. The loan grade definitions are as follows: Pass and Pass-Watch: Pass and Pass-Watch loans, grades (1-4), are in compliance with the Bank’s credit policy and regulatory requirements, and do not exhibit any potential or defined weaknesses as defined under “Special Mention”, “Substandard” or “Doubtful.” This category is the strongest level of the Bank’s loan grading system. It consists of all performing loans with no identified credit weaknesses. It includes cash and stock/security secured loans or other investment grade loans. Special Mention: A Special Mention loan, grade (5), has potential weaknesses that deserve management’s close attention. If not corrected, these potential weaknesses may result in deterioration of the repayment of the debt and result in a Substandard classification. Loans that have significant actual, not potential, weaknesses are considered more severely classified. Substandard: A Substandard loan, grade (6), has a well-defined weakness that jeopardizes the liquidation of the debt. A loan graded Substandard is not protected by the sound worth and paying capacity of the borrower, or of the value and type of collateral pledged. With a Substandard loan, there is a distinct possibility that the Bank will sustain some loss if the weaknesses or deficiencies are not corrected. Doubtful: A Doubtful loan, grade (7), is one that has critical weaknesses that would make the collection or liquidation of the full amount due improbable. However, there may be pending events which may work to strengthen the loan, and therefore the amount or timing of a possible loss cannot be determined at the current time. Loss: A loan classified as Loss, grade (8), is considered uncollectible and of such little value that their continuance as active bank assets is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this asset even though partial recovery may be possible in the future. Loans classified as Loss will be charged off in a timely manner. Under regulatory guidance, loans graded special mention or worse are considered criticized loans, and loans graded substandard or worse are considered classified loans. Loans by Vintage Year and Risk Rating Term Loans Amortized Cost Basis by Origination Year (1) 2024 2023 2022 2021 2020 Prior Revolving Total (in thousands) June 30, 2024 Real estate loans: Commercial property Risk Rating ` Pass / Pass-Watch $ 275,556 $ 591,728 $ 969,146 $ 835,446 $ 566,215 $ 482,632 $ 35,069 $ 3,755,792 Special Mention 6,168 — — — 1,312 260 — 7,740 Classified 190 — 6,146 3,212 — 8,919 — 18,467 Total commercial property 281,914 591,728 975,292 838,658 567,527 491,811 35,069 3,781,999 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 3 ) — ( 16 ) Construction Risk Rating Pass / Pass-Watch 50,939 26,024 — — — — — 76,963 Special Mention — — 28,318 — — — — 28,318 Classified 1,225 — — — — — — 1,225 Total construction 52,164 26,024 28,318 — — — — 106,506 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Risk Rating Pass / Pass-Watch 68,358 239,937 361,458 153,374 12,387 111,714 5,461 952,689 Special Mention — — — — — — 250 250 Classified — 1,270 — — — — — 1,270 Total residential 68,358 241,207 361,458 153,374 12,387 111,714 5,711 954,209 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 2 ) — ( 2 ) Total real estate loans Risk Rating Pass / Pass-Watch 394,853 857,689 1,330,604 988,820 578,602 594,346 40,530 4,785,444 Special Mention 6,168 — 28,318 1,312 260 250 36,308 Classified 1,415 1,270 6,146 3,212 — 8,919 — 20,962 Total real estate loans 402,436 858,959 1,336,750 1,020,350 579,914 603,525 40,780 4,842,714 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 5 ) — ( 18 ) Commercial and industrial loans: Risk Rating Pass / Pass-Watch 131,352 80,571 138,965 46,328 16,075 17,018 367,024 797,333 Special Mention 294 — — — 97 23 200 614 Classified — — 93 — 13 392 3,927 4,425 Total commercial and industrial loans 131,646 80,571 139,058 46,328 16,185 17,433 371,151 802,372 YTD gross charge-offs — 64 155 — — 29 — 248 YTD net charge-offs (recoveries) — 64 153 — — ( 20 ) ( 173 ) 24 Equipment financing agreements: Risk Rating Pass / Pass-Watch 73,866 179,004 169,734 75,420 15,330 9,360 — 522,714 Special Mention — — — — — — — — Classified — 1,534 4,113 2,256 239 417 — 8,559 Total equipment financing agreements 73,866 180,538 173,847 77,676 15,569 9,777 — 531,273 YTD gross charge-offs — 347 2,525 874 262 112 — 4,120 YTD net charge-offs (recoveries) — 315 2,302 685 219 ( 142 ) — 3,379 Total loans receivable: Risk Rating Pass / Pass-Watch 600,071 1,117,264 1,639,303 1,110,568 610,007 620,724 407,554 6,105,491 Special Mention 6,462 — — 28,318 1,409 283 450 36,922 Classified 1,415 2,804 10,352 5,468 252 9,728 3,927 33,946 Total loans receivable $ 607,948 $ 1,120,068 $ 1,649,655 $ 1,144,354 $ 611,668 $ 630,735 $ 411,931 $ 6,176,359 YTD gross charge-offs — 411 2,680 874 262 234 — 4,461 YTD net charge-offs (recoveries) — 379 2,455 685 206 ( 167 ) ( 173 ) 3,385 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Term Loans Amortized Cost Basis by Origination Year (1) 2023 2022 2021 2020 2019 Prior Revolving Total December 31, 2023 Real estate loans: Commercial property Risk Rating Pass / Pass-Watch $ 683,819 $ 986,822 $ 858,821 $ 572,950 $ 378,067 $ 238,400 $ 30,236 $ 3,749,115 Special Mention 4,400 3,997 3,271 5,670 711 2,310 1,406 21,765 Classified 3,065 1,080 4,899 — 5,578 3,892 — 18,514 Total commercial property 691,284 991,899 866,991 578,620 384,356 244,602 31,642 3,789,394 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 81 ) — 322 Construction Risk Rating Pass / Pass-Watch 72,039 — — — — — — 72,039 Special Mention — — 28,306 — — — — 28,306 Classified — — — — — — — — Total construction 72,039 — 28,306 — — — — 100,345 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Risk Rating Pass / Pass-Watch 290,196 375,712 158,618 12,656 217 119,736 5,025 962,160 Special Mention — — — — — — 500 500 Classified — — — — — 1 — 1 Total residential 290,196 375,712 158,618 12,656 217 119,737 5,525 962,661 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 7 ) — ( 7 ) Total real estate loans Risk Rating Pass / Pass-Watch 1,046,054 1,362,534 1,017,439 585,606 378,284 358,136 35,261 4,783,314 Special Mention 4,400 3,997 31,577 5,670 711 2,310 1,906 50,571 Classified 3,065 1,080 4,899 — 5,578 3,893 — 18,515 Total real estate loans 1,053,519 1,367,611 1,053,915 591,276 384,573 364,339 37,167 4,852,400 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 88 ) — 315 Commercial and industrial loans: Risk Rating Pass / Pass-Watch 177,864 169,209 84,198 31,348 9,971 12,920 242,044 727,554 Special Mention — 14,578 — 102 — 65 ( 1 ) 14,744 Classified 329 — — — 79 174 4,939 5,521 Total commercial and industrial loans 178,193 183,787 84,198 31,450 10,050 13,159 246,982 747,819 YTD gross charge-offs — 17 — — 110 410 6,120 6,657 YTD net charge-offs (recoveries) — 5 ( 7 ) — 101 ( 6,621 ) 6,090 ( 432 ) Equipment financing agreements: Risk Rating Pass / Pass-Watch 215,670 211,228 101,622 24,340 18,832 3,192 — 574,884 Special Mention — — — — — — — — Classified 392 4,171 1,945 365 401 57 — 7,331 Total equipment financing agreements 216,062 215,399 103,567 24,705 19,233 3,249 — 582,215 YTD gross charge-offs 178 3,944 3,267 386 799 232 — 8,806 YTD net charge-offs (recoveries) 178 3,744 2,858 244 250 ( 114 ) — 7,160 Total loans receivable: Risk Rating Pass / Pass-Watch 1,439,588 1,742,971 1,203,259 641,294 407,087 374,248 277,305 6,085,752 Special Mention 4,400 18,575 31,577 5,772 711 2,375 1,905 65,315 Classified 3,786 5,251 6,844 365 6,058 4,124 4,939 31,367 Total loans receivable $ 1,447,774 $ 1,766,797 $ 1,241,680 $ 647,431 $ 413,856 $ 380,747 $ 284,149 $ 6,182,434 YTD gross charge-offs 178 3,961 3,267 797 909 858 6,120 16,090 YTD net charge-offs (recoveries) 178 3,749 2,851 647 351 ( 6,823 ) 6,090 7,043 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Loans by Vintage Year and Payment Performance Term Loans Amortized Cost Basis by Origination Year (1) 2024 2023 2022 2021 2020 Prior Revolving Total (in thousands) June 30, 2024 Real estate loans: Commercial property Payment performance Performing $ 281,724 $ 591,728 $ 975,172 $ 838,658 $ 567,527 $ 487,487 $ 35,069 $ 3,777,365 Nonperforming 190 — 120 — — 4,324 — 4,634 Total commercial property 281,914 591,728 975,292 838,658 567,527 491,811 35,069 3,781,999 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 3 ) — ( 16 ) Construction Payment performance Performing 50,939 26,024 — 28,318 — — — 105,281 Nonperforming 1,225 — — — — — — 1,225 Total construction 52,164 26,024 — 28,318 — — — 106,506 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Payment performance Performing 68,358 241,207 361,458 153,374 12,053 111,235 5,711 953,396 Nonperforming — — — — 334 479 — 813 Total residential 68,358 241,207 361,458 153,374 12,387 111,714 5,711 954,209 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 2 ) — ( 2 ) Total real estate loans Payment performance Performing 401,021 858,959 1,336,630 1,020,350 579,580 598,722 40,780 4,836,042 Nonperforming 1,415 — 120 — 334 4,803 — 6,672 Total real estate loans 402,436 858,959 1,336,750 1,020,350 579,914 603,525 40,780 4,842,714 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 5 ) — ( 18 ) Commercial and industrial loans: Payment performance Performing 131,646 80,571 139,058 46,328 16,185 17,346 367,224 798,358 Nonperforming — — — — — 87 3,927 4,014 Total commercial and industrial loans 131,646 80,571 139,058 46,328 16,185 17,433 371,151 802,372 YTD gross charge-offs — 64 155 — — 29 — 248 YTD net charge-offs (recoveries) — 64 153 — — ( 20 ) ( 173 ) 24 Equipment financing agreements: Payment performance Performing 73,866 179,004 169,734 75,420 15,330 9,360 — 522,714 Nonperforming — 1,534 4,113 2,256 239 417 — 8,559 Total equipment financing agreements 73,866 180,538 173,847 77,676 15,569 9,777 — 531,273 YTD gross charge-offs — 347 2,525 874 262 112 — 4,120 YTD net charge-offs (recoveries) — 315 2,302 685 219 ( 142 ) — 3,379 Total loans receivable: Payment performance Performing 606,533 1,118,534 1,645,422 1,142,098 611,095 625,428 408,004 6,157,114 Nonperforming 1,415 1,534 4,233 2,256 573 5,307 3,927 19,245 Total loans receivable $ 607,948 $ 1,120,068 $ 1,649,655 $ 1,144,354 $ 611,668 $ 630,735 $ 411,931 $ 6,176,359 YTD gross charge-offs — 411 2,680 874 262 234 — 4,461 YTD net charge-offs (recoveries) — 379 2,455 685 206 ( 167 ) ( 173 ) 3,385 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Term Loans Amortized Cost Basis by Origination Year (1) 2023 2022 2021 2020 2019 Prior Revolving Total December 31, 2023 Real estate loans: Commercial property Payment performance Performing $ 689,449 $ 991,899 $ 866,841 $ 578,620 $ 384,275 $ 243,819 $ 31,642 $ 3,786,545 Nonperforming 1,835 — 150 — 81 783 — 2,849 Total commercial property 691,284 991,899 866,991 578,620 384,356 244,602 31,642 3,789,394 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 81 ) — 322 Construction Payment performance Performing 72,039 — 28,306 — — — — 100,345 Nonperforming — — — — — — — — Total construction 72,039 — 28,306 — — — — 100,345 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Payment performance Performing 290,196 375,712 158,618 12,656 217 119,736 5,525 962,660 Nonperforming — — — — — 1 — 1 Total residential 290,196 375,712 158,618 12,656 217 119,737 5,525 962,661 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 7 ) — ( 7 ) Total real estate loans Payment performance Performing 1,051,684 1,367,611 1,053,765 591,276 384,492 363,555 37,167 4,849,550 Nonperforming 1,835 — 150 — 81 784 — 2,850 Total real estate loans 1,053,519 1,367,611 1,053,915 591,276 384,573 364,339 37,167 4,852,400 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 88 ) — 315 Commercial and industrial loans: Payment performance Performing 177,864 183,787 84,198 31,415 10,050 13,066 242,134 742,514 Nonperforming 329 — — 35 — 93 4,848 5,305 Total commercial and industrial loans 178,193 183,787 84,198 31,450 10,050 13,159 246,982 747,819 YTD gross charge-offs — 17 — — 110 410 6,120 6,657 YTD net charge-offs (recoveries) — 5 ( 7 ) — 101 ( 6,621 ) 6,090 ( 432 ) Equipment financing agreements: Payment performance Performing 215,670 211,228 101,622 24,340 18,844 3,192 — 574,896 Nonperforming 392 4,171 1,945 365 389 57 — 7,319 Total equipment financing agreements 216,062 215,399 103,567 24,705 19,233 3,249 — 582,215 YTD gross charge-offs 178 3,944 3,267 386 799 232 — 8,806 YTD net charge-offs (recoveries) 178 3,744 2,858 244 250 ( 114 ) — 7,160 Total loans receivable: Payment performance Performing 1,445,218 1,762,626 1,239,585 647,031 413,386 379,813 279,301 6,166,960 Nonperforming 2,556 4,171 2,095 400 470 934 4,848 15,474 Total loans receivable $ 1,447,774 $ 1,766,797 $ 1,241,680 $ 647,431 $ 413,856 $ 380,747 $ 284,149 $ 6,182,434 YTD gross charge-offs 178 3,961 3,267 797 909 858 6,120 16,090 YTD net charge-offs (recoveries) 178 3,749 2,851 647 351 ( 6,823 ) 6,090 7,043 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. The following is an aging analysis of loans, including loans on nonaccrual status, disaggregated by loan class, as of: 30-59 60-89 90 Days Total Current Total (in thousands) June 30, 2024 Real estate loans: Commercial property Retail $ 833 $ — $ 560 $ 1,393 $ 1,093,335 $ 1,094,728 Hospitality ( 24 ) — — ( 24 ) 754,624 754,600 Office 816 — — 816 571,716 572,532 Other 350 14 2,950 3,314 1,356,825 1,360,139 Total commercial property loans 1,975 14 3,510 5,499 3,776,500 3,781,999 Construction — — — — 106,506 106,506 Residential 824 2,366 812 4,002 950,207 954,209 Total real estate loans 2,799 2,380 4,322 9,501 4,833,213 4,842,714 Commercial and industrial loans 752 301 3,931 4,984 797,388 802,372 Equipment financing agreements 6,823 2,515 5,191 14,529 516,744 531,273 Total loans receivable $ 10,374 $ 5,196 $ 13,444 $ 29,014 $ 6,147,345 $ 6,176,359 December 31, 2023 Real estate loans: Commercial property Retail $ 632 $ — $ — $ 632 $ 1,106,728 $ 1,107,360 Hospitality — 150 22 172 740,347 740,519 Office — — — — 574,981 574,981 Other 592 — — 592 1,365,942 1,366,534 Total commercial property loans 1,224 150 22 1,396 3,787,998 3,789,394 Construction — — — — 100,345 100,345 Residential 521 336 1 858 961,803 962,661 Total real estate loans 1,745 486 23 2,254 4,850,146 4,852,400 Commercial and industrial loans 76 120 5,178 5,374 742,445 747,819 Equipment financing agreements 7,138 2,134 4,551 13,823 568,392 582,215 Total loans receivable $ 8,959 $ 2,740 $ 9,752 $ 21,451 $ 6,160,983 $ 6,182,434 Nonaccrual Loans and Nonperforming Assets The following tables represent the amortized cost basis of loans on nonaccrual status and loans past due 90 days and still accruing as of: June 30, 2024 Nonaccrual Loans Nonaccrual Loans Loans Total (in thousands) Real estate loans: Commercial property Retail $ 697 $ 525 $ — $ 1,222 Hospitality 259 — — 259 Office — — — — Other 2,949 204 — 3,153 Total commercial property loans 3,905 729 — 4,634 Construction 1,225 — — 1,225 Residential 813 — — 813 Total real estate loans 5,943 729 — 6,672 Commercial and industrial loans 4 4,010 — 4,014 Equipment financing agreements 678 7,881 — 8,559 Total $ 6,625 $ 12,620 $ — $ 19,245 December 31, 2023 Nonaccrual Loans Nonaccrual Loans Loans Total (in thousands) Real estate loans: Commercial property Retail $ 1,717 $ 321 $ — $ 2,038 Hospitality 338 150 — 488 Other 305 18 — 323 Total commercial property loans 2,360 489 — 2,849 Residential 1 — — 1 Total real estate loans 2,361 489 — 2,850 Commercial and industrial loans 5,213 92 — 5,305 Equipment financing agreements 570 6,749 — 7,319 Total $ 8,144 $ 7,330 $ — $ 15,474 The Company recognized $ 29,000 and $ 30,000 of interest income on nonaccrual loans for the three months ended June 30, 2024 and 2023, respectively. Interest income recognized on nonaccrual loans for the six months ended June 30, 2024 and 2023 was $ 38,000 and $ 134,000 , respectively. The following table details nonperforming assets as of the dates indicated: June 30, 2024 December 31, 2023 (in thousands) Nonaccrual loans $ 19,245 $ 15,474 Loans receivable 90 days or more past due and still accruing — — Total nonperforming loans receivable 19,245 15,474 Other real estate owned (“OREO”) 772 117 Total nonperforming assets $ 20,017 $ 15,591 OREO of $ 0.8 million and $ 0.1 million is included in prepaid expenses and other assets in the accompanying Consolidated Balance Sheets as of June 30, 2024 and December 31, 2023, respectively. Loan Modifications The following table presents loan modifications made to borrowers experiencing financial difficulty, by type of modification, with related amortized cost balances, respective percentage shares of the total class of loans, and the related financial effect, for the periods indicated: Term Extension Amortized Cost Basis % of Total Class of Loans Financial Effect (in thousands) Three and six months ended June 30, 2024 Commercial and industrial loans $ 20,620 2.6 % 1 loan with term extension of 6 years The modified loan above is current at June 30, 2024. No loans were modified to borrowers experiencing financial difficulty during the three and six months ended June 30, 2023.

Servicing Assets

Servicing Assets	6 Months Ended
	Jun. 30, 2024
Transfers and Servicing [Abstract]
Servicing Assets	Note 4 — Servicing Assets The activity in servicing assets was as follows for the periods indicated: Three Months Ended June 30, 2024 2023 (in thousands) Balance at beginning of period $ 6,890 $ 7,542 Addition related to sale of SBA loans 482 399 Addition related to sale of residential loans 136 — Amortization ( 672 ) ( 589 ) Change in valuation allowance — — Balance at end of period $ 6,836 $ 7,352 Six Months Ended June 30, 2024 2023 (in thousands) Balance at beginning of period $ 7,070 $ 7,176 Addition related to sale of SBA loans 996 1,014 Addition related to sale of residential loans 136 — Amortization ( 1,366 ) ( 1,223 ) Change in valuation allowance — 385 Balance at end of period $ 6,836 $ 7,352 At June 30, 2024 and December 31, 2023, we serviced loans sold to unaffiliated parties of $ 536.1 million and $ 539.6 million, respectively. These represented loans that were sold for which the Bank continues to provide servicing. These loans are maintained off-balance sheet and are not included in the loans receivable balance. At June 30, 2024, all of the loans serviced were SBA loans, except for $ 19.5 million of residential mortgage loans. The Company recorded servicing fee income of $ 1.4 million and $ 1.3 million for the three months ended June 30, 2024 and 2023, respectively and $ 2.7 million and $ 2.6 million for the six months ended June 30, 2024 and 2023 , respectively. Servicing fee income, net of the amortization of servicing assets, is included in other operating income in the consolidated statements of income. Amortization expense was $ 0.7 million and $ 0.6 million for the three months ended June 30, 2024 and 2023, respectively, and $ 1.4 million and $ 1.2 million for the six months ended June 30, 2024 and 2023, respectively. The fair value of servicing rights was $ 8.1 million at June 30, 2024 and was determined using discount rates ranging from 10.1 % to 25.5 % and prepayment speeds ranging from 11.4 % to 21.4 %, depending on the stratification of the specific right. The fair value of servicing rights was $ 7.7 million at December 31, 2023 and was determined using discount rates ranging from 14.4 % to 24.7 % and prepayment speeds ranging from 12.2 % to 19.7 %, depending on the stratification of the specific right.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 5 — Income Taxes The Company’s income tax expense was $ 6.0 million and $ 8.5 million, representing an effective income tax rate of 29.3 % and 29.3 % for the three months ended June 30, 2024 and 2023, respectively. The Company’s income tax expense was $ 12.5 million and $ 17.8 million, representing an effective income tax rate of 29.7 % and 29.5 % for the six months ended June 30, 2024 and 2023, respectively. Management concluded that as of June 30, 2024 and December 31, 2023 , a valuation allowance of $ 1.8 million and $ 1.9 million, respectively, was appropriate against certain state net operating loss carry forwards. For all other deferred tax assets, management believes it was more likely than not these deferred tax assets will be realized principally through future taxable income and reversal of existing taxable temporary differences. Net deferred tax assets were $ 35.9 million and $ 35.2 million as of June 30, 2024 and December 31, 2023, respectively. As of June 30, 2024, the Company was subject to examination by various taxing authorities for its federal tax returns for the periods ended after December 31, 2019 and state tax returns for the periods ended after December 31, 2018. During the quarter ended June 30, 2024 , there was no material change to the Company’s uncertain tax positions. The Company does not expect its unrecognized tax positions to change significantly over the next twelve months.

Goodwill and Other Intangibles

Goodwill and Other Intangibles	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	Note 6 — Goodwill and other Intangibles The goodwill of $ 11.0 million was recorded as a result of the acquisition of an equipment financing agreements portfolio in 2016. The core deposit intangible of $ 2.2 million was recognized for the core deposits acquired in a 2014 acquisition. The Company’s intangible assets were as follows for the periods indicated: June 30, 2024 December 31, 2023 Amortization Gross Accumulated Net Gross Accumulated Net (in thousands) Core deposit intangible 10 years $ 2,213 $ ( 2,196 ) $ 17 $ 2,213 $ ( 2,145 ) $ 68 Third-party originator's intangible 7 years — — — 483 ( 483 ) — Goodwill N/A 11,031 — 11,031 11,031 — 11,031 Total intangible assets $ 13,244 $ ( 2,196 ) $ 11,048 $ 13,727 $ ( 2,628 ) $ 11,099 The Company performed an impairment analysis in the second quarter of 2024 and determined there was no impairment as of June 30, 2024 . No triggering event occurred as of, or subsequent to June 30, 2024 , that would require a reassessment of goodwill and other intangible assets.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
Deposits	Note 7 — Deposits The scheduled maturities of time deposits are as follows for the periods indicated: Time Other Time Total (in thousands) At June 30, 2024 2024 $ 720,184 $ 959,204 $ 1,679,388 2025 282,055 483,676 765,731 2026 263 4,953 5,216 2027 — 955 955 2028 and thereafter — 309 309 Total $ 1,002,502 $ 1,449,097 $ 2,451,599 At December 31, 2023 2024 $ 995,830 $ 1,444,509 $ 2,440,339 2025 3,928 6,205 10,133 2026 263 3,142 3,405 2027 — 572 572 2028 and thereafter — 418 418 Total $ 1,000,021 $ 1,454,846 $ 2,454,867 Accrued interest payable on deposits was $ 47.6 million and $ 39.2 million at June 30, 2024 and December 31, 2023, respectively. Total deposits reclassified to loans due to overdrafts at June 30, 2024 and December 31, 2023 were $ 1.4 million and $ 1.6 million, respectively.

Borrowings and Subordinated Deb

Borrowings and Subordinated Debentures	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Borrowings and Subordinated Debentures	Note 8 — Borrowings and Subordinated Debentures At June 30, 2024, the Bank had $ 180.0 million of open advances and $ 112.5 million of term advances at the FHLB with a weighted average interest rate of 5.65 % and 3.91 %, respectively. At December 31, 2023, the Bank had $ 212.5 million of open advances and $ 112.5 million of term advances at the FHLB with a weighted average rate of 5.70 % and 2.77 %, respectively. Interest expense on borrowings for the six months ended June 30, 2024 and 2023 was $ 3.6 million and $ 4.0 million, respectively. June 30, 2024 December 31, 2023 Outstanding Weighted Outstanding Weighted (dollars in thousands) Open advances $ 180,000 5.65 % $ 212,500 5.70 % Advances due within 12 months 50,000 3.33 37,500 0.40 Advances due over 12 months through 24 months 50,000 4.25 12,500 1.90 Advances due over 24 months through 36 months 12,500 4.85 62,500 4.37 Outstanding advances $ 292,500 4.98 % $ 325,000 4.69 % The following is financial data pertaining to FHLB advances: June 30, 2024 December 31, 2023 (dollars in thousands) Weighted-average interest rate at end of period 4.98 % 4.69 % Weighted-average interest rate during the period 4.30 % 3.48 % Average balance of FHLB advances $ 165,810 $ 197,390 Maximum amount outstanding at any month-end $ 292,500 $ 450,000 The Bank maintains a secured credit facility with the FHLB, allowing the Bank to borrow on an overnight and term basis. The Bank had pledged $ 2.41 billion and $ 2.36 billion of loans at carrying values as collateral with the FHLB as of June 30, 2024 and December 31, 2023, respectively. The remaining available borrowing capacity was $ 1.22 billion and $ 1.09 billion at June 30, 2024 and December 31, 2023, respectively. The Bank also had securities pledged with the FRB with market values of $ 31.4 million and $ 24.8 million at June 30, 2024 and December 31, 2023, respectively. The pledged securities provided $ 29.4 million, and $ 23.2 million in available borrowing capacity through the Fed Discount Window as of June 30, 2024 and December 31, 2023, respectively. On August 20, 2021, the Company issued $ 110.0 million of Fixed-to-Floating Subordinated Notes (“2031 Notes”) with a maturity date of September 1, 2031 . The 2031 Notes have an initial fixed interest rate of 3.75 % per annum, payable semiannually in arrears on March 1 and September 1 of each year, up to but excluding September 1, 2026. From and including September 1, 2026 and thereafter, the 2031 Notes will bear interest at a floating rate per annum equal to the Benchmark rate (which is expected to be the Three-Month Term SOFR) plus 310 basis points, payable quarterly in arrears on March 1, June 1, September 1 and December 1 of each year. If the then current three-month term SOFR rate is less than zero, the three-month SOFR will be deemed to be zero. Debt issuance cost was $ 2.1 million, which is being amortized through the 2031 Notes’ maturity date. At June 30, 2024 and December 31, 2023, the balance of the 2031 Notes included in the Company’s Consolidated Balance Sheet, net of issuance cost, was $ 108.4 million and $ 108.3 million, respectively. The Company assumed Junior Subordinated Deferrable Interest Debentures (“Subordinated Debentures”) as a result of an acquisition in 2014 with an unpaid principal balance of $ 26.8 million and an estimated fair value of $ 18.5 million. The $ 8.3 million discount is being amortized to interest expense through the debentures’ maturity date of March 15, 2036 . A trust was formed in 2005 which issued $ 26.0 million of Trust Preferred Securities (“TPS”) at a 6.26 % fixed rate for the first five years and a variable rate of three-month LIBOR plus 140 basis points thereafter and invested the proceeds in the Subordinated Debentures. Beginning September 15, 2023, the variable rate on the TPS changed to three-month SOFR plus 166 basis points, representing the credit spread of 140 basis points and a 26 basis point adjustment to convert three-month LIBOR to three-month SOFR. The rate on the TPS at June 30, 2024 was 7.00 %. The TPS will be subject to mandatory redemption if the Subordinated Debentures are repaid by the Company. Interest is payable quarterly , and the Company has the option to defer interest payments on the Subordinated Debentures from time to time for a period not to exceed five consecutive years . At June 30, 2024 and December 31, 2023, the balance of Subordinated Debentures included in the Company’s Consolidated Balance Sheets, net of discount of $ 4.9 million and $ 5.1 million, was $ 21.9 million and $ 21.7 million, respectively. The amortization of discount was $ 106,000 and $ 104,000 for the three months ended June 30, 2024 and 2023, respectively and $ 212,000 and $ 208,000 for the six months ended June 30, 2024 and 2023 , respectively.

Earnings per Share

Earnings per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Earnings per Share	Note 9 — Earnings Per Share Earnings per share (“EPS”) is calculated on both a basic and a diluted basis. Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted from the issuance of common stock that then shared in earnings, excluding common shares in treasury. For diluted EPS, the weighted-average number of common shares includes the impact of unvested performance stock units (“PSUs”) under the treasury method. Unvested restricted stock containing rights to non-forfeitable dividends are considered participating securities prior to vesting and have been included in the earnings allocation in computing basic and diluted EPS under the two-class method. The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (dollars in thousands, except per share amounts) Basic EPS Net income $ 14,451 $ 20,620 $ 29,615 $ 42,612 Less: income allocated to unvested restricted stock 129 128 222 268 Income allocated to common shares $ 14,322 $ 20,492 $ 29,393 $ 42,344 Weighted-average shares for basic EPS 30,055,913 30,324,264 30,089,341 30,320,281 Basic EPS (1) $ 0.48 $ 0.68 $ 0.98 $ 1.40 Effect of dilutive stock options and unvested performance stock units 77,733 62,777 76,840 62,945 Diluted EPS Income allocated to common shares $ 14,322 $ 20,492 $ 29,393 $ 42,344 Weighted-average shares for diluted EPS 30,133,646 30,387,041 30,166,181 30,383,226 Diluted EPS (1) $ 0.48 $ 0.67 $ 0.97 $ 1.39 (1) Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding. On a weighted-average basis, options to purchase 31,000 and 61,000 shares of common stock were excluded from the calculation of diluted earnings per share for the three and six months ended June 30, 2024 and 2023, respectively, because their effect would have been anti-dilutive. There were 91,732 anti-dilutive unvested PSUs outstanding for the three and six months ended June 30, 2024. During the six months ended June 30, 2024 , 88,598 PSUs were awarded to executive officers from the 2021 Equity Compensation Plan, with a fair value of $ 1.3 million on the grant date of April 1, 2024. During the six months ended June 30, 2023, the Company issued 53,696 PSUs to executive officers from the 2021 Equity Compensation Plan, with a fair value of $ 1.1 million on the grant date of March 10, 2023 . These units have a three-year cliff vesting period and include dividend equivalent rights. Total PSUs outstanding as June 30, 2024 were 180,330 with an aggregate grant fair value of $ 3.4 million. Total PSUs outstanding as of June 30, 2023 were 158,295 with an aggregate grant fair value of $ 3.1 million.

Regulatory Matters

Regulatory Matters	6 Months Ended
	Jun. 30, 2024
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Regulatory Matters	Note 10 — Regulatory Matters Federal bank regulatory agencies require bank holding companies and banks to maintain a minimum ratio of qualifying total capital to risk-weighted assets of 8.0 % and a minimum ratio of Tier 1 capital to risk-weighted assets of 6.0 %. In addition to the risk-based guidelines, federal bank regulatory agencies require bank holding companies and banks to maintain a minimum ratio of Tier 1 capital to average assets, referred to as the leverage ratio, of 4.0 %. In order for banks to be considered “well capitalized,” federal bank regulatory agencies require a minimum ratio of qualifying total capital to risk-weighted assets of 10.0 % and a minimum ratio of Tier 1 capital to risk-weighted assets of 8.0 %. In addition to the risk-based guidelines, federal bank regulatory agencies require depository institutions to maintain a minimum ratio of Tier 1 capital to average assets, referred to as the leverage ratio, of 5.0 %. At June 30, 2024, the Bank’s capital ratios exceeded the minimum requirements for the Bank to be considered “well capitalized” and the Company exceeded all of its applicable minimum regulatory capital ratio requirements. A capital conservation buffer of 2.5 % must be met to avoid limitations on the ability of the Bank and the Company to pay dividends, repurchase shares or pay discretionary bonuses. The Bank's capital conservation buffer was 6.51 % and 6.27 % and the Company's capital conservation buffer was 6.46 % and 6.20 % as of June 30, 2024 and December 31, 2023, respectively. In March 2020, federal banking agencies announced an interim final rule to delay the impact on regulatory capital arising from the implementation of CECL. The interim final rule maintains the three-year transition option in the previous rule and provides banks the option to delay for two years an estimate of CECL’s effect on regulatory capital, relative to the incurred loss methodology’s effect on regulatory capital, followed by a three-year transition period (five-year transition option). The Company and the Bank adopted the capital transition relief over the permissible five-year period. The capital ratios of Hanmi Financial and the Bank as of June 30, 2024 and December 31, 2023 were as follows: Minimum Minimum to Be Regulatory Categorized as Actual Requirement “Well Capitalized” Amount Ratio Amount Ratio Amount Ratio (dollars in thousands) June 30, 2024 Total capital (to risk-weighted assets): Hanmi Financial $ 962,585 15.24 % $ 505,278 8.00 % N/A N/A Hanmi Bank $ 916,437 14.51 % $ 505,135 8.00 % $ 631,419 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 786,761 12.46 % $ 378,958 6.00 % N/A N/A Hanmi Bank $ 850,613 13.47 % $ 378,851 6.00 % $ 505,135 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 764,886 12.11 % $ 284,219 4.50 % N/A N/A Hanmi Bank $ 850,613 13.47 % $ 284,139 4.50 % $ 410,422 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 786,761 10.51 % $ 299,570 4.00 % N/A N/A Hanmi Bank $ 850,613 11.41 % $ 298,076 4.00 % $ 372,595 5.00 % December 31, 2023 Total capital (to risk-weighted assets): Hanmi Financial $ 947,286 14.95 % $ 506,891 8.00 % N/A N/A Hanmi Bank $ 904,153 14.27 % $ 506,741 8.00 % $ 633,426 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 773,179 12.20 % $ 380,168 6.00 % N/A N/A Hanmi Bank $ 840,046 13.26 % $ 380,056 6.00 % $ 506,741 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 751,516 11.86 % $ 285,126 4.50 % N/A N/A Hanmi Bank $ 840,046 13.26 % $ 285,042 4.50 % $ 411,727 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 773,179 10.37 % $ 298,277 4.00 % N/A N/A Hanmi Bank $ 840,046 11.32 % $ 296,948 4.00 % $ 371,185 5.00 %

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 11 — Fair Value Measurements Fair Value Measurements ASC 820, Fair Value Measurements and Disclosures , defines fair value, establishes a framework for measuring fair value including a three-level valuation hierarchy, and expands disclosures about fair value measurements. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The three-level fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that may be used to measure fair value are defined as follows: • Level 1 - Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. • Level 2 - Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, and other inputs that are observable or can be corroborated by observable market data. • Level 3 - Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Fair value is used on a recurring basis for certain assets and liabilities in which fair value is the primary basis of accounting. Additionally, fair value is used on a non-recurring basis to evaluate assets or liabilities for impairment or for disclosure purposes. We record securities available for sale at fair value on a recurring basis. Certain other assets, such as loans held for sale, impaired loans, OREO, and core deposit intangible, are recorded at fair value on a non-recurring basis. Non-recurring fair value measurements typically involve assets that are periodically evaluated for impairment and for which any impairment is recorded in the period in which the re-measurement is performed. The following methods and assumptions were used to estimate the fair value of each class of financial instrument below: Securities available for sale - The fair values of securities available for sale are determined by obtaining quoted prices on nationally recognized securities exchanges. If quoted prices are not available, fair values are measured using matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities, or other model-based valuation techniques requiring observable inputs other than quoted prices such as yield curve, prepayment speeds, and default rates. Level 1 securities include U.S. Treasury securities that are traded on an active exchange or by dealers or brokers in active over-the-counter markets. The fair value of these securities is determined by quoted prices on an active exchange or over-the-counter market. Level 2 securities primarily include U.S. government agency and sponsored agency mortgage-backed securities, collateralized mortgage obligations and debt securities as well as municipal bonds in markets that are active. In determining the fair value of the securities categorized as Level 2, we obtain reports from nationally recognized broker-dealers detailing the fair value of each investment security held as of each reporting date. The broker-dealers use prices obtained from nationally recognized pricing services to value our fixed income securities. The fair value of the municipal securities is determined based on pricing data provided by nationally recognized pricing services. We review the prices obtained for reasonableness based on our understanding of the marketplace, and also consider any credit issues related to the bonds. As we have not made any adjustments to the market quotes provided to us and as they are based on observable market data, they have been categorized as Level 2 within the fair value hierarchy. Level 3 securities are instruments that are not traded in the market. As such, no observable market data for the instrument is available, which necessitates the use of significant unobservable inputs. Derivatives – The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). Our derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Loans held for sale - Loans held for sale includes the guaranteed portion of SBA 7(a) loans carried at the lower of cost or fair value. Management obtains quotes, bids or pricing indication sheets on all or part of the loans directly from the purchasing financial institutions. Premiums received or to be received on the quotes, bids or pricing indication sheets are indicative of the fact that cost is lower than fair value. At June 30, 2024 and December 31, 2023, the entire balance of loans held for sale was recorded at its cost. We record loans held for sale on a nonrecurring basis with Level 2 inputs. Nonperforming loans – Nonaccrual loans receivable and loans 90-days past due and still accruing interest are considered nonperforming for reporting purposes. All nonperforming loans with a carrying balance over $ 250,000 are individually evaluated for the amount of impairment, if any. Nonperforming loans with a carrying balance of $ 250,000 or less are evaluated collectively. However, from time to time, nonrecurring fair value adjustments to collateral dependent nonperforming loans, for which repayment is expected to be obtained through the sale of the underlying collateral, are recorded based on either the current appraised value of the collateral, or management’s judgment, that are then adjusted based on recent market trends. When the fair value of the collateral is less than the book value, a valuation allowance is established to carry the loan at the fair value of the collateral, and results in a Level 3 measurement. OREO - Fair value of OREO is based primarily on third party appraisals, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Appraisals are required annually and may be updated more frequently as circumstances require and the fair value adjustments are made to OREO based on the updated appraised value of the property. Servicing assets - On a quarterly basis, the Company utilizes a third party service to evaluate servicing assets related to loans sold to unaffiliated parties with servicing retained, and result in a Level 3 classification. Servicing assets are assessed for impairment or increased obligation based on fair value at each reporting date. Other repossessed assets – Fair value of equipment from equipment financing agreements is based primarily on a third party valuation service, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Valuations are required at the time the asset is repossessed and may be subsequently updated periodically due to the Company’s short-term possession of the asset prior to sale or as circumstances require and the fair value adjustments are made to the asset based on its value prior to sale. Assets and Liabilities Measured at Fair Value on a Recurring Basis As of June 30, 2024 and December 31, 2023, assets and liabilities measured at fair value on a recurring basis are as follows: Level 1 Level 2 Level 3 Significant Observable Quoted Prices in Inputs with No Active Markets Active Market Significant for Identical with Identical Unobservable Assets Characteristics Inputs Total Fair Value (in thousands) June 30, 2024 Assets: Securities available for sale: U.S. Treasury securities $ 99,996 $ — $ — $ 99,996 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential — 414,868 — 414,868 Mortgage-backed securities - commercial — 52,872 — 52,872 Collateralized mortgage obligations — 124,212 — 124,212 Debt securities — 120,602 — 120,602 Total U.S. government agency and sponsored agency obligations — 712,554 — 712,554 Municipal bonds-tax exempt — 65,088 — 65,088 Total securities available for sale $ 99,996 $ 777,642 $ — $ 877,638 Derivative financial instruments $ — $ 6,216 $ — $ 6,216 Liabilities: Derivative financial instruments $ — $ 8,570 $ — $ 8,570 December 31, 2023 Assets: Securities available for sale: U.S. Treasury securities $ 85,488 $ — $ — $ 85,488 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential — 442,328 — 442,328 Mortgage-backed securities - commercial — 47,991 — 47,991 Collateralized mortgage obligations — 97,411 — 97,411 Debt securities — 124,625 — 124,625 Total U.S. government agency and sponsored agency obligations — 712,355 — 712,355 Municipal bonds-tax exempt — 67,896 — 67,896 Total securities available for sale $ 85,488 $ 780,251 $ — $ 865,739 Derivative financial instruments $ — $ 6,245 $ — $ 6,245 Liabilities: Derivative financial instruments $ — $ 5,920 $ — $ 5,920 Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis As of June 30, 2024 and December 31, 2023, assets and liabilities measured at fair value on a non-recurring basis are as follows: Level 1 Level 2 Level 3 Significant Observable Quoted Prices in Inputs With No Active Markets Active Market Significant for Identical With Identical Unobservable Total Assets Characteristics Inputs (in thousands) June 30, 2024 Assets: Collateral dependent loans (1) $ 7,795 $ — $ — $ 7,795 Other real estate owned 772 — — 772 Repossessed personal property 1,245 — — 1,245 December 31, 2023 Assets: Collateral dependent loans (2) $ 7,352 $ — $ — $ 7,352 Other real estate owned 117 — — 117 Repossessed personal property 1,305 — — 1,305 (1) Consisted of real estate loans of $ 5.8 million and commercial and industrial loans of $ 2.0 million. (2) Consisted of real estate loans of $ 2.2 million and commercial and industrial loans of $ 5.2 million. The following table represents quantitative information about Level 3 fair value assumptions for assets measured at fair value on a non-recurring basis at June 30, 2024 and December 31, 2023: Fair Value Valuation Unobservable Range (Weighted (in thousands) June 30, 2024 Collateral dependent loans: Real estate loans: Commercial property Retail $ 561 Market approach Adjustments to market data ( 45 %) to 30 % / ( 15 )% (1) Hospitality 283 Market approach Adjustments to market data ( 30 )% to 35 % / ( 3 )% (1) Other 2,950 Market approach Adjustments to market data ( 11 )% to 21 % / 2 % (1) Construction 1,225 Market approach Adjustments to market data 5 % to 20 % / 15 % (1) Residential 813 Market approach Adjustments to market data ( 13 ) to 5 % / ( 1 )% (1) Total real estate loans 5,832 Commercial and industrial loans 1,963 Market approach Adjustments to market data N/A (2) Total $ 7,795 Other real estate owned $ 772 Market approach Adjustments to market data ( 35 )% to 5 % / ( 12 )% (1) Repossessed personal property 1,245 Market approach Adjustments to market data N/A (3) December 31, 2023 Collateral dependent loans: Real estate loans: Commercial property Retail $ 1,530 Market approach Adjustments to market data 5 % to 20 % / 15 % (1) Hospitality 338 Market approach Adjustments to market data ( 30 )% to 35 % / ( 1 )% (1) Other 305 Market approach Adjustments to market data ( 6 )% to 1 % / ( 2 )% (1) Residential 1 Market approach Adjustments to market data ( 15 )% to 3 % / ( 6 )% (1) Total real estate loans 2,174 Commercial and industrial loans 5,178 Market approach Adjustments to market data ( 20 )% to 55 % / ( 2 )% (1) Total $ 7,352 Other real estate owned $ 117 Market approach Adjustments to market data ( 10 )% to 5 % / ( 2 )% (1) Repossessed personal property 1,305 Market approach Adjustments to market data N/A (3) (1) Appraisal reports utilize a combination of valuation techniques including a market approach, where prices and other relevant information generated by market transactions involving similar or comparable properties are used to determine the appraised value. Appraisals may include an ‘as is’ and ‘upon completion’ valuation scenarios. Adjustments are routinely made in the appraisal process by third-party appraisers to adjust for differences between the comparable sales and income data. Adjustments also result from the consideration of relevant economic and demographic factors with the potential to affect property values. Also, prospective values are based on the market conditions which exist at the date of inspection combined with informed forecasts based on current trends in supply and demand for the property types under appraisal. Positive adjustments disclosed in this table represent increases to the sales comparison and negative adjustments represent decreases. (2) Includes one loan secured by cash and business assets. (3) The equipment is usually too small in value to use a professional appraisal service. The values are determined internally using a combination of auction values, vendor recommendations and sales comparisons depending on the equipment type. Some highly commoditized equipment, such as commercial trucks have services that provide industry values. ASC 825, Financial Instruments , requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis. The methodologies for estimating the fair value of financial assets and financial liabilities that are measured on a recurring basis or non-recurring basis are discussed above. The estimated fair value of financial instruments has been determined by using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data in order to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts that we could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Recognition and Measurement of Financial Assets and Financial Liabilities (Topic 825), among other provisions, requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Other than certain financial instruments for which we had concluded that the carrying amounts approximate fair value, the fair value estimates shown below were based on an exit price notion as of June 30, 2024 , as required by ASU 2016-01. The financial instruments for which we had concluded that the carrying amounts approximate fair value include cash and due from banks, accrued interest receivable and payable, and noninterest-bearing deposits. The estimated fair values of financial instruments were as follows: June 30, 2024 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 313,079 $ 313,079 $ — $ — Securities available for sale 877,638 99,996 777,642 — Loans held for sale 10,467 — 10,639 — Loans receivable, net of allowance for credit losses 6,108,630 — — 6,023,684 Accrued interest receivable 23,958 23,958 — — Derivative financial instruments 6,216 — 6,216 — Financial liabilities: Noninterest-bearing deposits 1,959,963 — 1,959,963 — Interest-bearing deposits 4,369,377 — — 4,364,613 Borrowings and subordinated debentures 422,818 — 291,145 133,245 Accrued interest payable 47,699 47,699 — — Derivative financial instruments 8,570 — 8,570 — December 31, 2023 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 302,324 $ 302,324 $ — $ — Securities available for sale 865,739 85,488 780,251 — Loans held for sale 12,013 — 12,238 — Loans receivable, net of allowance for credit losses 6,112,972 — — 6,007,975 Accrued interest receivable 23,371 23,371 — — Derivative financial instruments 6,245 — 6,245 — Financial liabilities: Noninterest-bearing deposits 2,003,596 — 2,003,596 — Interest-bearing deposits 4,276,978 — — 4,271,711 Borrowings and subordinated debentures 455,012 — 323,491 128,229 Accrued interest payable 39,306 39,306 — — Derivative financial instruments 5,920 — 5,920 — The methods and assumptions used to estimate the fair value of each class of financial instruments for which it was practicable to estimate that value are explained below: Cash and due from banks – The carrying amounts of cash and due from banks approximate fair value due to the short-term nature of these instruments (Level 1). Securities – The fair value of securities, consisting of securities available for sale, is generally obtained from market bids for similar or identical securities, from independent securities brokers or dealers, or from other model-based valuation techniques described above (Level 1 and 2). Loans held for sale – Loans held for sale, representing the guaranteed portion of SBA loans, are carried at the lower of aggregate cost or fair market value, as determined based upon quotes, bids or sales contract prices (Level 2). Loans receivable, net of allowance for credit losses – The fair value of loans receivable is estimated based on the discounted cash flow approach. To estimate the fair value of the loans, certain loan characteristics such as account types, remaining terms, annual interest rates or coupons, interest types, past delinquencies, timing of principal and interest payments, current market rates, loan-to-value ratios, loss exposures, and remaining balances are considered. Additionally, the Company’s prior charge-off rates and loss ratios as well as various other assumptions relating to credit, interest, and prepayment risks are used as part of valuing the loan portfolio. Subsequently, the loans were individually evaluated by sorting and pooling them based on loan types, credit risk grades, and payment types. Consistent with the requirements of ASU 2016-01, the fair value of the Company's loans receivable is considered to be an exit price notion as of June 30, 2024 (Level 3). The fair value of collateral dependent loans is estimated based on the net realizable fair value of the collateral or the observable market price of the most recent sale or quoted price from loans held for sale. The Company does not record loans at fair value on a recurring basis. Nonrecurring fair value adjustments to collateral dependent loans are recorded based on the current appraised value of the collateral (Level 3). Accrued interest receivable – The carrying amount of accrued interest receivable approximates its fair value (Level 1). Noninterest-bearing deposits – The fair value of noninterest-bearing deposits is the amount payable on demand at the reporting date (Level 2). Interest-bearing deposits – The fair value of interest-bearing deposits, such as savings accounts, money market checking, and certificates of deposit, is estimated based on discounted cash flows. The cash flows for non-maturity deposits, including savings accounts and money market checking, are estimated based on their historical decaying experiences. The discount rate used for fair valuation is based on interest rates currently being offered by the Bank on comparable deposits as to amount and term (Level 3). Borrowings and subordinated debentures – Borrowings consist of FHLB advances, subordinated debentures and other borrowings. Discounted cash flows based on current market rates for borrowings with similar remaining maturities are used to estimate the fair value of borrowings (Level 2 and 3). Accrued interest payable – The carrying amount of accrued interest payable approximates its fair value (Level 1).

Off-Balance Sheet Commitments

Off-Balance Sheet Commitments	6 Months Ended
	Jun. 30, 2024
Risks and Uncertainties [Abstract]
Off-Balance Sheet Commitments	Note 12 — Off-Balance Sheet Commitments The Bank is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk similar to the risk involved with on-balance sheet items. The Bank’s exposure to losses in the event of non-performance by the other party to commitments to extend credit and standby letters of credit is represented by the contractual notional amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for extending loan facilities to customers. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, was based on management’s credit evaluation of the counterparty. Collateral held varies but may include accounts receivable, inventory, premises and equipment, and income-producing or borrower-occupied properties. Some of the commitments to fund existing loans, lines of credit and letters of credit are expected to expire without being drawn upon. Therefore, the total commitments do not necessarily represent future cash requirements. As of June 30, 2024, the Bank was obligated on $ 120.0 million of letters of credit to the FHLB of San Francisco, which were being used as collateral for $ 120.0 million in public fund deposits from the State of California. The following table shows the distribution of total loan commitments as of the dates indicated: June 30, December 31, 2024 2023 (in thousands) Unused commitments to extend credit $ 795,391 $ 813,960 Standby letters of credit 87,186 83,725 Commercial letters of credit 23,806 33,140 Total commitments $ 906,383 $ 930,825 The allowance for credit losses related to off-balance sheet items was maintained at a level believed to be sufficient to absorb current expected lifetime losses related to these unfunded credit facilities. The determination of the allowance adequacy was based on periodic evaluations of the unfunded credit facilities including an assessment of the probability of commitment usage, credit risk factors for loans outstanding to these same customers, and the terms and expiration dates of the unfunded credit facilities. Activity in the allowance for credit losses related to off-balance sheet items was as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (in thousands) Balance at beginning of period $ 2,297 $ 3,066 $ 2,474 $ 3,114 Credit loss recovery ( 287 ) ( 591 ) ( 464 ) ( 639 ) Balance at end of period $ 2,010 $ 2,475 $ 2,010 $ 2,475

Leases

Leases	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Leases	Note 13 — Leases The Company enters into leases in the normal course of business primarily for bank branch offices, back-office operations locations, business development offices, information technology data centers and information technology equipment. The Company’s leases have remaining terms ranging from one month to nine years and nine months, some of which include renewal or termination options to extend the lease for up to seven years. The Company includes lease extension and termination options in the lease term if, after considering relevant economic factors, it is reasonably certain the Company will exercise the option. In addition, the Company has elected to account for any non-lease components in its real estate leases as part of the associated lease component. The Company has also elected not to recognize leases with original lease terms of 12 months or less (short-term leases) on the Company’s balance sheet. Leases are classified as operating or finance leases at the lease commencement date. Lease expense for operating leases and short-term leases is recognized on a straight-line basis over the term of the lease. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Right-of-use assets and lease liabilities are recognized at the lease commencement date based on the estimated present value of the lease payments over the lease term. As of June 30, 2024 , the outstanding balances for our right-of-use asset and lease liability were $ 38.0 million and $ 42.3 million, respectively. The outstanding balances of the right-of-use asset and lease liability were $ 42.4 million and $ 46.4 million, respectively, as of December 31, 2023. The right-of-use asset is reported in prepaid expenses and other assets line item and lease liability is reported in accrued expenses and other liabilities line item on the Consolidated Balance Sheets. In determining the discount rates, since most of our leases do not provide an implicit rate, we used our incremental borrowing rate provided by the FHLB of San Francisco based on the information available at the commencement date to calculate the present value of lease payments. At June 30, 2024, future minimum rental commitments under these non-cancelable operating leases, with initial or remaining terms of one year or more, were as follows: Amount (in thousands) 2024 $ 8,448 2025 7,327 2026 6,599 2027 6,559 2028 5,566 Thereafter 12,627 Remaining lease commitments 47,126 Interest ( 4,792 ) Present value of lease liability $ 42,334 Net lease expense recognized for the three months ended June 30, 2024 and 2023 was $ 2.5 million and $ 2.2 million, respectively. Net lease expense recognized for the six months ended June 30, 2024 and 2023 was $ 4.7 million and $ 4.2 million, respectively. This included operating lease costs of $ 2.4 million and $ 2.1 million for the three months ended June 30, 2024 and 2023, respectively. Operating lease costs were $ 4.6 million and $ 4.2 million for the six months ended June 30, 2024 and 2023, respectively. Sublease income for operating leases was immaterial for both the three and six months ended June 30, 2024 and 2023. Weighted average remaining lease terms for the Company's operating leases were 6.58 years and 6.82 years as of June 30, 2024 and December 31, 2023, respectively. Weighted average discount rates used for the Company's operating leases were 3.21 % and 2.98 % as of June 30, 2024 and December 31, 2023, respectively. Cash paid and included in cash flows from operating activities for amounts used in the measurement of the lease liability of the Company's operating leases was $ 2.0 million and $ 2.1 million for the three months ended June 30, 2024 and 2023, respectively, and $ 4.2 million and $ 4.1 million for the six months ended June 30, 2024 and 2023 , respectively.

Liquidity

Liquidity	6 Months Ended
	Jun. 30, 2024
Liquidity [Abstract]
Liquidity	Note 14 — Liquidity Hanmi Financial As of June 30, 2024, Hanmi Financial had $ 7.5 million in cash on deposit with its bank subsidiary and $ 35.5 million of U.S. Treasury securities at fair value. As of December 31, 2023, the Company had $ 7.5 million in cash on deposit with its bank subsidiary and $ 32.4 million of U.S. Treasury securities at fair value. Management believes that Hanmi Financial, on a stand-alone basis, had adequate liquid assets to meet its current debt obligations. Hanmi Bank The principal objective of our liquidity management program is to maintain the Bank’s ability to meet the day-to-day cash flow requirements of its customers who wish either to withdraw funds or to draw upon credit facilities to meet their cash needs. Management believes that the Bank, on a stand-alone basis, has adequate liquid assets to meet its current obligations. The Bank’s primary funding source will continue to be deposits originating from its branch platform. The Bank’s wholesale funds historically consisted of FHLB advances, brokered deposits, as well as State of California time deposits. As of June 30, 2024 and December 31, 2023, the Bank had $ 292.5 million and $ 325.0 million of FHLB advances, and $ 28.2 million and $ 58.3 million of brokered deposits, respectively. As of June 30, 2024 and December 31, 2023, the Bank had $ 120.0 million of State of California time deposits. We monitor the sources and uses of funds on a regular basis to maintain an acceptable liquidity position. The Bank’s primary source of borrowings is the FHLB, from which the Bank is eligible to borrow up to 30 % of its assets. As of June 30, 2024 and December 31, 2023, the total borrowing capacity available, based on pledged collateral was $ 1.63 and $ 1.54 billion, respectively. The remaining available borrowing capacity was $ 1.22 billion and $ 1.09 billion as of June 30, 2024 and December 31, 2023, respectively. The amount that the FHLB is willing to advance differs based on the quality and character of qualifying collateral pledged by the Bank, and the FHLB may adjust the advance rates for qualifying collateral upwards or downwards from time to time. To the extent deposit renewals and deposit growth are not sufficient to fund maturing and withdrawable deposits, repay maturing borrowings, fund existing and future loans, equipment financing agreements and securities, and otherwise fund working capital needs and capital expenditures, the Bank may utilize the remaining borrowing capacity from its FHLB borrowing arrangement. As a means of augmenting its liquidity, the Bank had an available borrowing source of $ 29.4 million from the Federal Reserve Discount Window, to which the Bank pledged securities with a carrying value of $ 38.4 million, with no borrowings as of June 30, 2024. The Bank also maintains a line of credit for repurchase agreements up to $ 100.0 million. The Bank also had three unsecured federal funds lines of credit totaling $ 115.0 million with no outstanding balances as of June 30, 2024 or December 31, 2023 .

Derivatives and Hedging Activit

Derivatives and Hedging Activities	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	Note 15 — Derivatives and Hedging Activities Risk Management Objective of Using Derivative The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities and through the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. Derivatives Designated as Hedging Instruments - Cash Flow Hedges of Interest Rate Risk The Company’s objectives in using interest rate derivatives are to add stability to interest income and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of fixed-rate amounts from a counterparty in exchange for the Company making variable-rate payments over the life of the agreements without exchange of the underlying notional amount. Such derivatives were used to hedge the variable cash flows associated with existing variable-rate assets. During the fourth quarter of 2023, the Company entered into a $ 100.0 million notional interest rate swap designated as a cash flow hedge, with an effective date of May 1, 2024 and a maturity date of May 1, 2026, to hedge a pool of Prime-indexed loans against falling rates. The principal balance of the loan pool designated for the Prime-indexed loans was $ 142.7 million as of June 30, 2024 . During the first quarter of 2024, the Company entered into a $ 75.0 million notional interest rate swap designated as a cash flow hedge, with an effective date of May 1, 2024 and a maturity date of May 1, 2026, to hedge a pool of one-month SOFR -indexed loans against falling rates. The principal balance of the loan pool designated for the SOFR-indexed loans was $ 103.2 million as of June 30, 2024. For derivatives designated and that qualify as cash flow hedges of interest rate risk, the gain or loss on the derivative is recorded in accumulated other comprehensive income and subsequently reclassified into interest income in the same period(s) during which the hedged transaction affects earnings. Management evaluated the effectiveness of the Company’s derivatives designated as cash flow hedges at inception and at the balance sheet date and determined they are effective. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest income as interest payments are received on the Company’s variable-rate asset. During the next 12 months, the Company estimates that an additional $ 1.9 million will be reclassified as a decrease to interest income. Derivatives Not Designated as Hedging Instruments The Company also enters into interest rate swap agreements between the Company and its customers and other third-party counterparties. The Company enters into “back to back swap” arrangements whereby the Company executes interest rate swap agreements with its customers and acquires an offsetting swap position from a third-party counterparty. These derivative financial statements are accounted for at fair value, with changes in fair value recognized in the Company’s Consolidated Statements of Income. The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of June 30, 2024 and December 31, 2023. As of June 30, 2024 Derivative Assets Derivative Liabilities Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value (in thousands) Derivatives not designated as hedging instruments Interest rate products $ 103,246 Other Assets $ 6,216 $ 103,246 Other Liabilities $ 6,171 Total derivatives not designated as hedging instruments $ 6,216 $ 6,171 Derivatives designated as hedging instruments Interest rate products $ — Other Assets $ — $ 175,000 Other Liabilities $ 2,399 Total derivatives designated as hedging instruments $ — $ 2,399 As of December 31, 2023 Derivative Assets Derivative Liabilities Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value (in thousands) Derivatives not designated as hedging instruments Interest rate products $ 104,571 Other Assets $ 5,939 $ 104,571 Other Liabilities $ 5,920 Total derivatives not designated as hedging instruments $ 5,939 $ 5,920 Derivatives designated as hedging instruments Interest rate products $ 100,000 Other Assets $ 306 $ — Other Liabilities $ — Total derivatives designated as hedging instruments $ 306 $ — The table below presents the effect of cash flow hedge accounting on Accumulated Other Comprehensive Income for the three and six months ended June 30, 2024 and 2023. Three Months Ended June 30, 2024 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ ( 746 ) $ ( 746 ) $ — Interest Income $ ( 460 ) $ ( 460 ) $ — Total $ ( 746 ) $ ( 746 ) $ — $ ( 460 ) $ ( 460 ) $ — Three Months Ended June 30, 2023 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ — $ — $ — Interest Income $ — $ — $ — Total $ — $ — $ — $ — $ — $ — Six Months Ended June 30, 2024 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ ( 2,953 ) $ ( 2,953 ) $ — Interest Income $ ( 460 ) $ ( 460 ) $ — Total $ ( 2,953 ) $ ( 2,953 ) $ — $ ( 460 ) $ ( 460 ) $ — Six Months Ended June 30, 2023 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ — $ — $ — Interest Income $ — $ — $ — Total $ — $ — $ — $ — $ — $ — The table below presents the effect of cash flow hedge accounting on the Income Statement for the three and six months ended June 30, 2024 and 2023. Location and Amount of Gain or (Loss) Recognized in Income on Cash Flow Hedging Relationship Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Interest Income Interest Expense Interest Income Interest Expense Interest Income Interest Expense Interest Income Interest Expense (in thousands) Gain or (loss) on cash flow hedging relationships in Subtopic 815-20 Interest contracts Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income $ ( 460 ) $ — $ — $ — $ ( 460 ) $ — $ — $ — Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income - included component ( 460 ) — — — ( 460 ) — — — The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the Income Statement for the three and six months ended June 30, 2024 and 2023. Derivatives Not Designated as Hedging Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (in thousands) Interest rate products Other income $ 3 $ 43 $ 26 $ ( 85 ) Total $ 3 $ 43 $ 26 $ ( 85 ) No fee income was recognized from its derivative financial instruments for the three and six months ended June 30, 2024. The Company recognized $ 0.6 million of fee income for the six months ended June 30, 2023. The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of June 30, 2024 and December 31, 2023. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The derivative assets are located within the prepaid and other assets line item on the Consolidated Balance Sheets and the derivative liabilities are located within the accrued expenses and other liabilities line item on the Consolidated Balance Sheets. Offsetting of Derivative Assets As of June 30, 2024 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Received Net Amount (in thousands) Derivatives $ 6,216 $ — $ 6,216 $ 2,399 $ 3,817 $ — Offsetting of Derivative Liabilities As of June 30, 2024 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Liabilities presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Provided Net Amount (in thousands) Derivatives $ 8,570 $ — $ 8,570 $ 2,399 $ — $ 6,171 Offsetting of Derivative Assets As of December 31, 2023 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Received Net Amount (in thousands) Derivatives $ 6,245 $ — $ 6,245 $ 284 $ 5,731 $ 230 Offsetting of Derivative Liabilities As of December 31, 2023 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Liabilities presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Provided Net Amount (in thousands) Derivatives $ 5,920 $ — $ 5,920 $ 284 $ — $ 5,636 The Company has agreements with each of its derivative counterparties that contain a provision stating if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligations. In addition, these agreements may also require the Company to post additional collateral should it fail to maintain its status as a well- or adequately- capitalized institution. As of June 30, 2024 and December 31, 2023, the fair value of derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements was $ 0 . As of June 30, 2024 and December 31, 2023 , no collateral was provided related to these agreements.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 16 — Subsequent Events Cash Dividend On July 25, 2024 , the Company announced that the Board of Directors of the Company declared a quarterly cash dividend of $ 0.25 per share to be paid on August 21, 2024 to stockholders of record as of the close of business on August 5, 2024 .

Organization and Basis of Pre_2

Organization and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value Measurements	ASC 820, Fair Value Measurements and Disclosures , defines fair value, establishes a framework for measuring fair value including a three-level valuation hierarchy, and expands disclosures about fair value measurements. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The three-level fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that may be used to measure fair value are defined as follows: • Level 1 - Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. • Level 2 - Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, and other inputs that are observable or can be corroborated by observable market data. • Level 3 - Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Fair value is used on a recurring basis for certain assets and liabilities in which fair value is the primary basis of accounting. Additionally, fair value is used on a non-recurring basis to evaluate assets or liabilities for impairment or for disclosure purposes. We record securities available for sale at fair value on a recurring basis. Certain other assets, such as loans held for sale, impaired loans, OREO, and core deposit intangible, are recorded at fair value on a non-recurring basis. Non-recurring fair value measurements typically involve assets that are periodically evaluated for impairment and for which any impairment is recorded in the period in which the re-measurement is performed. The following methods and assumptions were used to estimate the fair value of each class of financial instrument below: Securities available for sale - The fair values of securities available for sale are determined by obtaining quoted prices on nationally recognized securities exchanges. If quoted prices are not available, fair values are measured using matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities, or other model-based valuation techniques requiring observable inputs other than quoted prices such as yield curve, prepayment speeds, and default rates. Level 1 securities include U.S. Treasury securities that are traded on an active exchange or by dealers or brokers in active over-the-counter markets. The fair value of these securities is determined by quoted prices on an active exchange or over-the-counter market. Level 2 securities primarily include U.S. government agency and sponsored agency mortgage-backed securities, collateralized mortgage obligations and debt securities as well as municipal bonds in markets that are active. In determining the fair value of the securities categorized as Level 2, we obtain reports from nationally recognized broker-dealers detailing the fair value of each investment security held as of each reporting date. The broker-dealers use prices obtained from nationally recognized pricing services to value our fixed income securities. The fair value of the municipal securities is determined based on pricing data provided by nationally recognized pricing services. We review the prices obtained for reasonableness based on our understanding of the marketplace, and also consider any credit issues related to the bonds. As we have not made any adjustments to the market quotes provided to us and as they are based on observable market data, they have been categorized as Level 2 within the fair value hierarchy. Level 3 securities are instruments that are not traded in the market. As such, no observable market data for the instrument is available, which necessitates the use of significant unobservable inputs. Derivatives – The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). Our derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Loans held for sale - Loans held for sale includes the guaranteed portion of SBA 7(a) loans carried at the lower of cost or fair value. Management obtains quotes, bids or pricing indication sheets on all or part of the loans directly from the purchasing financial institutions. Premiums received or to be received on the quotes, bids or pricing indication sheets are indicative of the fact that cost is lower than fair value. At June 30, 2024 and December 31, 2023, the entire balance of loans held for sale was recorded at its cost. We record loans held for sale on a nonrecurring basis with Level 2 inputs. Nonperforming loans – Nonaccrual loans receivable and loans 90-days past due and still accruing interest are considered nonperforming for reporting purposes. All nonperforming loans with a carrying balance over $ 250,000 are individually evaluated for the amount of impairment, if any. Nonperforming loans with a carrying balance of $ 250,000 or less are evaluated collectively. However, from time to time, nonrecurring fair value adjustments to collateral dependent nonperforming loans, for which repayment is expected to be obtained through the sale of the underlying collateral, are recorded based on either the current appraised value of the collateral, or management’s judgment, that are then adjusted based on recent market trends. When the fair value of the collateral is less than the book value, a valuation allowance is established to carry the loan at the fair value of the collateral, and results in a Level 3 measurement. OREO - Fair value of OREO is based primarily on third party appraisals, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Appraisals are required annually and may be updated more frequently as circumstances require and the fair value adjustments are made to OREO based on the updated appraised value of the property. Servicing assets - On a quarterly basis, the Company utilizes a third party service to evaluate servicing assets related to loans sold to unaffiliated parties with servicing retained, and result in a Level 3 classification. Servicing assets are assessed for impairment or increased obligation based on fair value at each reporting date. Other repossessed assets – Fair value of equipment from equipment financing agreements is based primarily on a third party valuation service, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Valuations are required at the time the asset is repossessed and may be subsequently updated periodically due to the Company’s short-term possession of the asset prior to sale or as circumstances require and the fair value adjustments are made to the asset based on its value prior to sale. The following table represents quantitative information about Level 3 fair value assumptions for assets measured at fair value on a non-recurring basis at June 30, 2024 and December 31, 2023: Fair Value Valuation Unobservable Range (Weighted (in thousands) June 30, 2024 Collateral dependent loans: Real estate loans: Commercial property Retail $ 561 Market approach Adjustments to market data ( 45 %) to 30 % / ( 15 )% (1) Hospitality 283 Market approach Adjustments to market data ( 30 )% to 35 % / ( 3 )% (1) Other 2,950 Market approach Adjustments to market data ( 11 )% to 21 % / 2 % (1) Construction 1,225 Market approach Adjustments to market data 5 % to 20 % / 15 % (1) Residential 813 Market approach Adjustments to market data ( 13 ) to 5 % / ( 1 )% (1) Total real estate loans 5,832 Commercial and industrial loans 1,963 Market approach Adjustments to market data N/A (2) Total $ 7,795 Other real estate owned $ 772 Market approach Adjustments to market data ( 35 )% to 5 % / ( 12 )% (1) Repossessed personal property 1,245 Market approach Adjustments to market data N/A (3) December 31, 2023 Collateral dependent loans: Real estate loans: Commercial property Retail $ 1,530 Market approach Adjustments to market data 5 % to 20 % / 15 % (1) Hospitality 338 Market approach Adjustments to market data ( 30 )% to 35 % / ( 1 )% (1) Other 305 Market approach Adjustments to market data ( 6 )% to 1 % / ( 2 )% (1) Residential 1 Market approach Adjustments to market data ( 15 )% to 3 % / ( 6 )% (1) Total real estate loans 2,174 Commercial and industrial loans 5,178 Market approach Adjustments to market data ( 20 )% to 55 % / ( 2 )% (1) Total $ 7,352 Other real estate owned $ 117 Market approach Adjustments to market data ( 10 )% to 5 % / ( 2 )% (1) Repossessed personal property 1,305 Market approach Adjustments to market data N/A (3) (1) Appraisal reports utilize a combination of valuation techniques including a market approach, where prices and other relevant information generated by market transactions involving similar or comparable properties are used to determine the appraised value. Appraisals may include an ‘as is’ and ‘upon completion’ valuation scenarios. Adjustments are routinely made in the appraisal process by third-party appraisers to adjust for differences between the comparable sales and income data. Adjustments also result from the consideration of relevant economic and demographic factors with the potential to affect property values. Also, prospective values are based on the market conditions which exist at the date of inspection combined with informed forecasts based on current trends in supply and demand for the property types under appraisal. Positive adjustments disclosed in this table represent increases to the sales comparison and negative adjustments represent decreases. (2) Includes one loan secured by cash and business assets. (3) The equipment is usually too small in value to use a professional appraisal service. The values are determined internally using a combination of auction values, vendor recommendations and sales comparisons depending on the equipment type. Some highly commoditized equipment, such as commercial trucks have services that provide industry values. ASC 825, Financial Instruments , requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis. The methodologies for estimating the fair value of financial assets and financial liabilities that are measured on a recurring basis or non-recurring basis are discussed above. The estimated fair value of financial instruments has been determined by using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data in order to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts that we could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Recognition and Measurement of Financial Assets and Financial Liabilities (Topic 825), among other provisions, requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Other than certain financial instruments for which we had concluded that the carrying amounts approximate fair value, the fair value estimates shown below were based on an exit price notion as of June 30, 2024 , as required by ASU 2016-01. The financial instruments for which we had concluded that the carrying amounts approximate fair value include cash and due from banks, accrued interest receivable and payable, and noninterest-bearing deposits.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Summary of Investment Securities Available for Sale	The following is a summary of securities available for sale as of the dates indicated: Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gain Loss Value (in thousands) June 30, 2024 U.S. Treasury securities $ 101,003 $ 24 $ ( 1,031 ) $ 99,996 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential 480,881 162 ( 66,175 ) 414,868 Mortgage-backed securities - commercial 65,402 21 ( 12,551 ) 52,872 Collateralized mortgage obligations 134,155 116 ( 10,059 ) 124,212 Debt securities 127,258 — ( 6,656 ) 120,602 Total U.S. government agency and sponsored agency obligations 807,696 299 ( 95,441 ) 712,554 Municipal bonds-tax exempt 76,606 — ( 11,518 ) 65,088 Total securities available for sale $ 985,305 $ 323 $ ( 107,990 ) $ 877,638 December 31, 2023 U.S. Treasury securities $ 86,355 $ 173 $ ( 1,040 ) $ 85,488 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential 504,544 481 ( 62,697 ) 442,328 Mortgage-backed securities - commercial 59,973 — ( 11,982 ) 47,991 Collateralized mortgage obligations 106,823 237 ( 9,649 ) 97,411 Debt securities 132,215 — ( 7,590 ) 124,625 Total U.S. government agency and sponsored agency obligations 803,555 718 ( 91,918 ) 712,355 Municipal bonds-tax exempt 77,121 — ( 9,225 ) 67,896 Total securities available for sale $ 967,031 $ 891 $ ( 102,183 ) $ 865,739
Schedule of Amortized Cost and Estimated Fair Value of Investment Securities by Contractual Maturity	The amortized cost and estimated fair value of securities as of June 30, 2024 and December 31, 2023, by contractual or expected maturity, are shown below. Collateralized mortgage obligations are included in the table shown below based on their expected maturities. All other securities are included based on their contractual maturities. June 30, 2024 December 31, 2023 Available for Sale Available for Sale Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value (in thousands) Within one year $ 103,597 $ 101,624 $ 62,521 $ 61,828 Over one year through five years 138,045 131,977 169,176 160,983 Over five years through ten years 89,869 80,840 83,720 77,608 Over ten years 653,794 563,197 651,614 565,320 Total $ 985,305 $ 877,638 $ 967,031 $ 865,739
Summary of Debt Securities Available for Sale in an Unrealized Loss Position for Which an Allowance for Credit Losses Has Not Been Recorded	The following table summarizes debt securities available for sale in an unrealized loss position for which an allowance for credit losses has not been recorded at June 30, 2024 or December 31, 2023, aggregated by major security type and length of time in a continuous unrealized loss position: Holding Period Less than 12 Months 12 Months or More Total Gross Estimated Number Gross Estimated Number Gross Estimated Number Unrealized Fair of Unrealized Fair of Unrealized Fair of Loss Value Securities Loss Value Securities Loss Value Securities (in thousands, except number of securities) June 30, 2024 U.S. Treasury securities $ ( 204 ) $ 53,200 17 $ ( 827 ) $ 33,383 11 $ ( 1,031 ) $ 86,583 28 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential ( 223 ) 26,217 11 ( 65,952 ) 379,731 117 ( 66,175 ) 405,948 128 Mortgage-backed securities - commercial ( 4 ) 4,380 1 ( 12,547 ) 46,487 15 ( 12,551 ) 50,867 16 Collateralized mortgage obligations ( 259 ) 37,445 10 ( 9,800 ) 64,784 26 ( 10,059 ) 102,229 36 Debt securities ( 6,656 ) 120,602 25 ( 6,656 ) 120,602 25 Total U.S. government agency and sponsored agency obligations ( 486 ) 68,042 22 ( 94,955 ) 611,604 183 ( 95,441 ) 679,646 205 Municipal bonds-tax exempt ( 11,518 ) 65,088 19 ( 11,518 ) 65,088 19 Total $ ( 690 ) $ 121,242 39 $ ( 107,300 ) $ 710,075 213 $ ( 107,990 ) $ 831,317 252 December 31, 2023 U.S. Treasury securities $ ( 57 ) $ 21,024 7 $ ( 983 ) $ 32,449 11 $ ( 1,040 ) $ 53,473 18 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential ( 11 ) 2,324 5 ( 62,686 ) 411,417 118 ( 62,697 ) 413,741 123 Mortgage-backed securities - commercial — — — ( 11,982 ) 47,991 15 ( 11,982 ) 47,991 15 Collateralized mortgage obligations ( 38 ) 7,074 2 ( 9,611 ) 63,610 24 ( 9,649 ) 70,684 26 Debt securities — — — ( 7,590 ) 124,625 26 ( 7,590 ) 124,625 26 Total U.S. government agency and sponsored agency obligations ( 49 ) 9,398 7 ( 91,869 ) 647,643 183 ( 91,918 ) 657,041 190 Municipal bonds-tax exempt — — — ( 9,225 ) 67,896 19 ( 9,225 ) 67,896 19 Total $ ( 106 ) $ 30,422 14 $ ( 102,077 ) $ 747,988 213 $ ( 102,183 ) $ 778,410 227
Realized Gains and Losses on Sales of Investment Securities	Realized gains and losses on sales of securities and proceeds from sales of securities were as follows for the periods indicated: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (in thousands) Gross realized gains on sales of securities $ — $ — $ — $ — Gross realized losses on sales of securities — ( 1,871 ) — ( 1,871 ) Net realized gains (losses) on sales of securities $ — $ ( 1,871 ) $ — $ ( 1,871 ) Proceeds from sales of securities $ — $ 8,149 $ — $ 8,149

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2024
Receivables [Abstract]
Loans	Loans consisted of the following as of the dates indicated: June 30, 2024 December 31, 2023 (in thousands) Real estate loans: Commercial property Retail $ 1,094,728 $ 1,107,360 Hospitality 754,600 740,519 Office 572,532 574,981 Other (1) 1,360,139 1,366,534 Total commercial property loans 3,781,999 3,789,394 Construction 106,506 100,345 Residential (2) 954,209 962,661 Total real estate loans 4,842,714 4,852,400 Commercial and industrial loans (3) 802,372 747,819 Equipment financing agreements 531,273 582,215 Loans receivable 6,176,359 6,182,434 Allowance for credit losses ( 67,729 ) ( 69,462 ) Loans receivable, net $ 6,108,630 $ 6,112,972 (1) Includes mixed-use, multifamily, industrial, gas stations, faith-based facilities, and medical; all other property types represent less than one percent of total loans receivable. (2) Includes $ 1.5 million and $ 1.9 million of home equity loans and lines, and $ 4.9 million and $ 4.5 million of personal loans at June 30, 2024 and December 31, 2023, respectively. (3) At June 30, 2024 and December 31, 2023, Paycheck Protection Program loans were $ 0.1 million and $ 0.2 million, respectively.
Activity for Loans Held for Sale	The following is the activity for loans held for sale for the following periods: Real Estate Commercial and Industrial Total (in thousands) Three months ended June 30, 2024 Balance at beginning of period $ 1,454 $ 2,545 $ 3,999 Originations and transfers 20,572 9,391 29,963 Sales ( 14,877 ) ( 8,613 ) ( 23,490 ) Principal paydowns and amortization — ( 5 ) ( 5 ) Balance at end of period $ 7,149 $ 3,318 $ 10,467 Three months ended June 30, 2023 Balance at beginning of period $ 379 $ 3,273 $ 3,652 Originations and transfers 14,494 9,094 23,588 Sales ( 9,329 ) ( 10,614 ) ( 19,943 ) Principal paydowns and amortization — ( 4 ) ( 4 ) Balance at end of period $ 5,544 $ 1,749 $ 7,293 Real Estate Commercial and Industrial Total (in thousands) Six months ended June 30, 2024 Balance at beginning of period $ 8,792 $ 3,221 $ 12,013 Originations and transfers 30,186 17,409 47,595 Sales ( 31,775 ) ( 17,301 ) ( 49,076 ) Principal payoffs and amortization ( 54 ) ( 11 ) ( 65 ) Balance at end of period $ 7,149 $ 3,318 $ 10,467 Six months ended June 30, 2023 Balance at beginning of period $ 3,775 $ 4,268 $ 8,043 Originations and transfers 30,881 18,023 48,904 Sales ( 29,111 ) ( 20,532 ) ( 49,643 ) Principal payoffs and amortization ( 1 ) ( 10 ) ( 11 ) Balance at end of period $ 5,544 $ 1,749 $ 7,293
Loans Purchased by Portfolio Segment	The following table presents loans purchased by portfolio segment for the following periods: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (in thousands) Commercial real estate $ 6,060 $ — $ 6,334 $ — Commercial and industrial 8,398 — 18,322 — Residential real estate 5,178 — 5,178 — Total $ 19,636 $ — $ 29,834 $ —
Allowance for Credit Losses by Portfolio Segment	The following table details the information on the allowance for credit losses by portfolio segment for the following periods: Real Estate Commercial and Industrial Equipment Financing Agreements Total (in thousands) Three months ended June 30, 2024 Balance at beginning of period $ 42,584 $ 11,836 $ 13,850 $ 68,270 Charge-offs ( 93 ) ( 93 ) ( 2,152 ) ( 2,338 ) Recoveries 64 166 318 548 Credit loss expense (recovery) ( 403 ) ( 1,346 ) 2,998 1,249 Ending balance $ 42,152 $ 10,563 $ 15,014 $ 67,729 Three months ended June 30, 2023 Balance at beginning of period $ 43,531 $ 15,333 $ 13,385 $ 72,249 Charge-offs — ( 103 ) ( 2,604 ) ( 2,707 ) Recoveries 62 555 350 967 Credit loss expense (recovery) ( 539 ) 244 810 515 Ending balance $ 43,054 $ 16,029 $ 11,941 $ 71,024 Real Estate Commercial and Industrial Equipment Financing Agreements Total (in thousands) Six months ended June 30, 2024 Balance at beginning of period $ 45,499 $ 10,257 $ 13,706 $ 69,462 Charge-offs ( 93 ) ( 248 ) ( 4,120 ) ( 4,461 ) Recoveries 111 224 741 1,076 Credit loss expense (recovery) ( 3,365 ) 330 4,687 1,652 Ending balance $ 42,152 $ 10,563 $ 15,014 $ 67,729 Six months ended June 30, 2023 Balance at beginning of period $ 44,026 $ 15,267 $ 12,230 $ 71,523 Charge-offs ( 412 ) ( 312 ) ( 4,220 ) ( 4,944 ) Recoveries 130 791 829 1,750 Credit loss expense (recovery) ( 690 ) 283 3,102 2,695 Ending balance $ 43,054 $ 16,029 $ 11,941 $ 71,024 The table below presents the allowance for credit losses by portfolio segment as a percentage of the total allowance for credit losses and loans by portfolio segment as a percentage of the aggregate investment of loans receivable as of: June 30, 2024 December 31, 2023 Allowance Amount Percentage of Total Allowance Total Loans Percentage of Total Loans Allowance Amount Percentage of Total Allowance Total Loans Percentage of Total Loans (dollars in thousands) Real estate loans: Commercial property Retail $ 10,126 15.0 % $ 1,094,728 17.7 % $ 10,264 14.8 % $ 1,107,360 17.9 % Hospitality 11,995 17.7 754,600 12.2 15,534 22.4 740,519 12.0 Office 3,712 5.5 572,532 9.3 3,024 4.4 574,981 9.3 Other 7,889 11.6 1,360,139 22.0 8,663 12.4 1,366,534 22.1 Total commercial property loans 33,722 49.8 3,781,999 61.2 37,485 54.0 3,789,394 61.3 Construction 2,371 3.5 106,506 1.7 2,756 4.0 100,345 1.6 Residential 6,060 8.9 954,209 15.5 5,258 7.5 962,661 15.6 Total real estate loans 42,153 62.2 4,842,714 78.4 45,499 65.5 4,852,400 78.5 Commercial and industrial loans 10,563 15.6 802,372 13.0 10,257 14.8 747,819 12.1 Equipment financing agreements 15,013 22.2 531,273 8.6 13,706 19.7 582,215 9.4 Total $ 67,729 100.0 % $ 6,176,359 100.0 % $ 69,462 100.0 % $ 6,182,434 100.0 %
Summary of Amortized Cost Basis of Collateral Dependent Loans By Class of Loans	The following table represents the amortized cost basis of collateral-dependent loans by class of loans, for which repayment is expected to be obtained through the sale of the underlying collateral, as of: June 30, 2024 December 31, 2023 (in thousands) Real estate loans: Commercial property Retail $ 560 $ 1,530 Hospitality 282 338 Other 2,950 305 Total commercial property loans 3,792 2,173 Construction 1,225 — Residential 813 1 Total real estate loans 5,830 2,174 Commercial and industrial loans 3,927 5,178 Total $ 9,757 $ 7,352
Credit Quality of Loan Portfolio	Term Loans Amortized Cost Basis by Origination Year (1) 2024 2023 2022 2021 2020 Prior Revolving Total (in thousands) June 30, 2024 Real estate loans: Commercial property Risk Rating ` Pass / Pass-Watch $ 275,556 $ 591,728 $ 969,146 $ 835,446 $ 566,215 $ 482,632 $ 35,069 $ 3,755,792 Special Mention 6,168 — — — 1,312 260 — 7,740 Classified 190 — 6,146 3,212 — 8,919 — 18,467 Total commercial property 281,914 591,728 975,292 838,658 567,527 491,811 35,069 3,781,999 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 3 ) — ( 16 ) Construction Risk Rating Pass / Pass-Watch 50,939 26,024 — — — — — 76,963 Special Mention — — 28,318 — — — — 28,318 Classified 1,225 — — — — — — 1,225 Total construction 52,164 26,024 28,318 — — — — 106,506 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Risk Rating Pass / Pass-Watch 68,358 239,937 361,458 153,374 12,387 111,714 5,461 952,689 Special Mention — — — — — — 250 250 Classified — 1,270 — — — — — 1,270 Total residential 68,358 241,207 361,458 153,374 12,387 111,714 5,711 954,209 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 2 ) — ( 2 ) Total real estate loans Risk Rating Pass / Pass-Watch 394,853 857,689 1,330,604 988,820 578,602 594,346 40,530 4,785,444 Special Mention 6,168 — 28,318 1,312 260 250 36,308 Classified 1,415 1,270 6,146 3,212 — 8,919 — 20,962 Total real estate loans 402,436 858,959 1,336,750 1,020,350 579,914 603,525 40,780 4,842,714 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 5 ) — ( 18 ) Commercial and industrial loans: Risk Rating Pass / Pass-Watch 131,352 80,571 138,965 46,328 16,075 17,018 367,024 797,333 Special Mention 294 — — — 97 23 200 614 Classified — — 93 — 13 392 3,927 4,425 Total commercial and industrial loans 131,646 80,571 139,058 46,328 16,185 17,433 371,151 802,372 YTD gross charge-offs — 64 155 — — 29 — 248 YTD net charge-offs (recoveries) — 64 153 — — ( 20 ) ( 173 ) 24 Equipment financing agreements: Risk Rating Pass / Pass-Watch 73,866 179,004 169,734 75,420 15,330 9,360 — 522,714 Special Mention — — — — — — — — Classified — 1,534 4,113 2,256 239 417 — 8,559 Total equipment financing agreements 73,866 180,538 173,847 77,676 15,569 9,777 — 531,273 YTD gross charge-offs — 347 2,525 874 262 112 — 4,120 YTD net charge-offs (recoveries) — 315 2,302 685 219 ( 142 ) — 3,379 Total loans receivable: Risk Rating Pass / Pass-Watch 600,071 1,117,264 1,639,303 1,110,568 610,007 620,724 407,554 6,105,491 Special Mention 6,462 — — 28,318 1,409 283 450 36,922 Classified 1,415 2,804 10,352 5,468 252 9,728 3,927 33,946 Total loans receivable $ 607,948 $ 1,120,068 $ 1,649,655 $ 1,144,354 $ 611,668 $ 630,735 $ 411,931 $ 6,176,359 YTD gross charge-offs — 411 2,680 874 262 234 — 4,461 YTD net charge-offs (recoveries) — 379 2,455 685 206 ( 167 ) ( 173 ) 3,385 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Term Loans Amortized Cost Basis by Origination Year (1) 2023 2022 2021 2020 2019 Prior Revolving Total December 31, 2023 Real estate loans: Commercial property Risk Rating Pass / Pass-Watch $ 683,819 $ 986,822 $ 858,821 $ 572,950 $ 378,067 $ 238,400 $ 30,236 $ 3,749,115 Special Mention 4,400 3,997 3,271 5,670 711 2,310 1,406 21,765 Classified 3,065 1,080 4,899 — 5,578 3,892 — 18,514 Total commercial property 691,284 991,899 866,991 578,620 384,356 244,602 31,642 3,789,394 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 81 ) — 322 Construction Risk Rating Pass / Pass-Watch 72,039 — — — — — — 72,039 Special Mention — — 28,306 — — — — 28,306 Classified — — — — — — — — Total construction 72,039 — 28,306 — — — — 100,345 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Risk Rating Pass / Pass-Watch 290,196 375,712 158,618 12,656 217 119,736 5,025 962,160 Special Mention — — — — — — 500 500 Classified — — — — — 1 — 1 Total residential 290,196 375,712 158,618 12,656 217 119,737 5,525 962,661 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 7 ) — ( 7 ) Total real estate loans Risk Rating Pass / Pass-Watch 1,046,054 1,362,534 1,017,439 585,606 378,284 358,136 35,261 4,783,314 Special Mention 4,400 3,997 31,577 5,670 711 2,310 1,906 50,571 Classified 3,065 1,080 4,899 — 5,578 3,893 — 18,515 Total real estate loans 1,053,519 1,367,611 1,053,915 591,276 384,573 364,339 37,167 4,852,400 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 88 ) — 315 Commercial and industrial loans: Risk Rating Pass / Pass-Watch 177,864 169,209 84,198 31,348 9,971 12,920 242,044 727,554 Special Mention — 14,578 — 102 — 65 ( 1 ) 14,744 Classified 329 — — — 79 174 4,939 5,521 Total commercial and industrial loans 178,193 183,787 84,198 31,450 10,050 13,159 246,982 747,819 YTD gross charge-offs — 17 — — 110 410 6,120 6,657 YTD net charge-offs (recoveries) — 5 ( 7 ) — 101 ( 6,621 ) 6,090 ( 432 ) Equipment financing agreements: Risk Rating Pass / Pass-Watch 215,670 211,228 101,622 24,340 18,832 3,192 — 574,884 Special Mention — — — — — — — — Classified 392 4,171 1,945 365 401 57 — 7,331 Total equipment financing agreements 216,062 215,399 103,567 24,705 19,233 3,249 — 582,215 YTD gross charge-offs 178 3,944 3,267 386 799 232 — 8,806 YTD net charge-offs (recoveries) 178 3,744 2,858 244 250 ( 114 ) — 7,160 Total loans receivable: Risk Rating Pass / Pass-Watch 1,439,588 1,742,971 1,203,259 641,294 407,087 374,248 277,305 6,085,752 Special Mention 4,400 18,575 31,577 5,772 711 2,375 1,905 65,315 Classified 3,786 5,251 6,844 365 6,058 4,124 4,939 31,367 Total loans receivable $ 1,447,774 $ 1,766,797 $ 1,241,680 $ 647,431 $ 413,856 $ 380,747 $ 284,149 $ 6,182,434 YTD gross charge-offs 178 3,961 3,267 797 909 858 6,120 16,090 YTD net charge-offs (recoveries) 178 3,749 2,851 647 351 ( 6,823 ) 6,090 7,043 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Loans by Vintage Year and Payment Performance Term Loans Amortized Cost Basis by Origination Year (1) 2024 2023 2022 2021 2020 Prior Revolving Total (in thousands) June 30, 2024 Real estate loans: Commercial property Payment performance Performing $ 281,724 $ 591,728 $ 975,172 $ 838,658 $ 567,527 $ 487,487 $ 35,069 $ 3,777,365 Nonperforming 190 — 120 — — 4,324 — 4,634 Total commercial property 281,914 591,728 975,292 838,658 567,527 491,811 35,069 3,781,999 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 3 ) — ( 16 ) Construction Payment performance Performing 50,939 26,024 — 28,318 — — — 105,281 Nonperforming 1,225 — — — — — — 1,225 Total construction 52,164 26,024 — 28,318 — — — 106,506 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Payment performance Performing 68,358 241,207 361,458 153,374 12,053 111,235 5,711 953,396 Nonperforming — — — — 334 479 — 813 Total residential 68,358 241,207 361,458 153,374 12,387 111,714 5,711 954,209 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 2 ) — ( 2 ) Total real estate loans Payment performance Performing 401,021 858,959 1,336,630 1,020,350 579,580 598,722 40,780 4,836,042 Nonperforming 1,415 — 120 — 334 4,803 — 6,672 Total real estate loans 402,436 858,959 1,336,750 1,020,350 579,914 603,525 40,780 4,842,714 YTD gross charge-offs — — — — — 93 — 93 YTD net charge-offs (recoveries) — — — — ( 13 ) ( 5 ) — ( 18 ) Commercial and industrial loans: Payment performance Performing 131,646 80,571 139,058 46,328 16,185 17,346 367,224 798,358 Nonperforming — — — — — 87 3,927 4,014 Total commercial and industrial loans 131,646 80,571 139,058 46,328 16,185 17,433 371,151 802,372 YTD gross charge-offs — 64 155 — — 29 — 248 YTD net charge-offs (recoveries) — 64 153 — — ( 20 ) ( 173 ) 24 Equipment financing agreements: Payment performance Performing 73,866 179,004 169,734 75,420 15,330 9,360 — 522,714 Nonperforming — 1,534 4,113 2,256 239 417 — 8,559 Total equipment financing agreements 73,866 180,538 173,847 77,676 15,569 9,777 — 531,273 YTD gross charge-offs — 347 2,525 874 262 112 — 4,120 YTD net charge-offs (recoveries) — 315 2,302 685 219 ( 142 ) — 3,379 Total loans receivable: Payment performance Performing 606,533 1,118,534 1,645,422 1,142,098 611,095 625,428 408,004 6,157,114 Nonperforming 1,415 1,534 4,233 2,256 573 5,307 3,927 19,245 Total loans receivable $ 607,948 $ 1,120,068 $ 1,649,655 $ 1,144,354 $ 611,668 $ 630,735 $ 411,931 $ 6,176,359 YTD gross charge-offs — 411 2,680 874 262 234 — 4,461 YTD net charge-offs (recoveries) — 379 2,455 685 206 ( 167 ) ( 173 ) 3,385 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Term Loans Amortized Cost Basis by Origination Year (1) 2023 2022 2021 2020 2019 Prior Revolving Total December 31, 2023 Real estate loans: Commercial property Payment performance Performing $ 689,449 $ 991,899 $ 866,841 $ 578,620 $ 384,275 $ 243,819 $ 31,642 $ 3,786,545 Nonperforming 1,835 — 150 — 81 783 — 2,849 Total commercial property 691,284 991,899 866,991 578,620 384,356 244,602 31,642 3,789,394 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 81 ) — 322 Construction Payment performance Performing 72,039 — 28,306 — — — — 100,345 Nonperforming — — — — — — — — Total construction 72,039 — 28,306 — — — — 100,345 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — — — — Residential Payment performance Performing 290,196 375,712 158,618 12,656 217 119,736 5,525 962,660 Nonperforming — — — — — 1 — 1 Total residential 290,196 375,712 158,618 12,656 217 119,737 5,525 962,661 YTD gross charge-offs — — — — — — — — YTD net charge-offs (recoveries) — — — — — ( 7 ) — ( 7 ) Total real estate loans Payment performance Performing 1,051,684 1,367,611 1,053,765 591,276 384,492 363,555 37,167 4,849,550 Nonperforming 1,835 — 150 — 81 784 — 2,850 Total real estate loans 1,053,519 1,367,611 1,053,915 591,276 384,573 364,339 37,167 4,852,400 YTD gross charge-offs — — — 411 — 216 — 627 YTD net charge-offs (recoveries) — — — 403 — ( 88 ) — 315 Commercial and industrial loans: Payment performance Performing 177,864 183,787 84,198 31,415 10,050 13,066 242,134 742,514 Nonperforming 329 — — 35 — 93 4,848 5,305 Total commercial and industrial loans 178,193 183,787 84,198 31,450 10,050 13,159 246,982 747,819 YTD gross charge-offs — 17 — — 110 410 6,120 6,657 YTD net charge-offs (recoveries) — 5 ( 7 ) — 101 ( 6,621 ) 6,090 ( 432 ) Equipment financing agreements: Payment performance Performing 215,670 211,228 101,622 24,340 18,844 3,192 — 574,896 Nonperforming 392 4,171 1,945 365 389 57 — 7,319 Total equipment financing agreements 216,062 215,399 103,567 24,705 19,233 3,249 — 582,215 YTD gross charge-offs 178 3,944 3,267 386 799 232 — 8,806 YTD net charge-offs (recoveries) 178 3,744 2,858 244 250 ( 114 ) — 7,160 Total loans receivable: Payment performance Performing 1,445,218 1,762,626 1,239,585 647,031 413,386 379,813 279,301 6,166,960 Nonperforming 2,556 4,171 2,095 400 470 934 4,848 15,474 Total loans receivable $ 1,447,774 $ 1,766,797 $ 1,241,680 $ 647,431 $ 413,856 $ 380,747 $ 284,149 $ 6,182,434 YTD gross charge-offs 178 3,961 3,267 797 909 858 6,120 16,090 YTD net charge-offs (recoveries) 178 3,749 2,851 647 351 ( 6,823 ) 6,090 7,043 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision.
Analysis of Past Due Loans, Including Loans on Nonaccrual Status, Disaggregated by Loan Class	The following is an aging analysis of loans, including loans on nonaccrual status, disaggregated by loan class, as of: 30-59 60-89 90 Days Total Current Total (in thousands) June 30, 2024 Real estate loans: Commercial property Retail $ 833 $ — $ 560 $ 1,393 $ 1,093,335 $ 1,094,728 Hospitality ( 24 ) — — ( 24 ) 754,624 754,600 Office 816 — — 816 571,716 572,532 Other 350 14 2,950 3,314 1,356,825 1,360,139 Total commercial property loans 1,975 14 3,510 5,499 3,776,500 3,781,999 Construction — — — — 106,506 106,506 Residential 824 2,366 812 4,002 950,207 954,209 Total real estate loans 2,799 2,380 4,322 9,501 4,833,213 4,842,714 Commercial and industrial loans 752 301 3,931 4,984 797,388 802,372 Equipment financing agreements 6,823 2,515 5,191 14,529 516,744 531,273 Total loans receivable $ 10,374 $ 5,196 $ 13,444 $ 29,014 $ 6,147,345 $ 6,176,359 December 31, 2023 Real estate loans: Commercial property Retail $ 632 $ — $ — $ 632 $ 1,106,728 $ 1,107,360 Hospitality — 150 22 172 740,347 740,519 Office — — — — 574,981 574,981 Other 592 — — 592 1,365,942 1,366,534 Total commercial property loans 1,224 150 22 1,396 3,787,998 3,789,394 Construction — — — — 100,345 100,345 Residential 521 336 1 858 961,803 962,661 Total real estate loans 1,745 486 23 2,254 4,850,146 4,852,400 Commercial and industrial loans 76 120 5,178 5,374 742,445 747,819 Equipment financing agreements 7,138 2,134 4,551 13,823 568,392 582,215 Total loans receivable $ 8,959 $ 2,740 $ 9,752 $ 21,451 $ 6,160,983 $ 6,182,434
Schedule of Amortized Cost Basis of Loans on Nonaccrual Status and Loans Past Due 90 Days and Still Accruing	The following tables represent the amortized cost basis of loans on nonaccrual status and loans past due 90 days and still accruing as of: June 30, 2024 Nonaccrual Loans Nonaccrual Loans Loans Total (in thousands) Real estate loans: Commercial property Retail $ 697 $ 525 $ — $ 1,222 Hospitality 259 — — 259 Office — — — — Other 2,949 204 — 3,153 Total commercial property loans 3,905 729 — 4,634 Construction 1,225 — — 1,225 Residential 813 — — 813 Total real estate loans 5,943 729 — 6,672 Commercial and industrial loans 4 4,010 — 4,014 Equipment financing agreements 678 7,881 — 8,559 Total $ 6,625 $ 12,620 $ — $ 19,245 December 31, 2023 Nonaccrual Loans Nonaccrual Loans Loans Total (in thousands) Real estate loans: Commercial property Retail $ 1,717 $ 321 $ — $ 2,038 Hospitality 338 150 — 488 Other 305 18 — 323 Total commercial property loans 2,360 489 — 2,849 Residential 1 — — 1 Total real estate loans 2,361 489 — 2,850 Commercial and industrial loans 5,213 92 — 5,305 Equipment financing agreements 570 6,749 — 7,319 Total $ 8,144 $ 7,330 $ — $ 15,474
Non-Performing Assets	The following table details nonperforming assets as of the dates indicated: June 30, 2024 December 31, 2023 (in thousands) Nonaccrual loans $ 19,245 $ 15,474 Loans receivable 90 days or more past due and still accruing — — Total nonperforming loans receivable 19,245 15,474 Other real estate owned (“OREO”) 772 117 Total nonperforming assets $ 20,017 $ 15,591
Schedule of Loan Modifications	The following table presents loan modifications made to borrowers experiencing financial difficulty, by type of modification, with related amortized cost balances, respective percentage shares of the total class of loans, and the related financial effect, for the periods indicated: Term Extension Amortized Cost Basis % of Total Class of Loans Financial Effect (in thousands) Three and six months ended June 30, 2024 Commercial and industrial loans $ 20,620 2.6 % 1 loan with term extension of 6 years

Servicing Assets (Tables)

Servicing Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Transfers and Servicing [Abstract]
Summary of Activity in Servicing Assets	The activity in servicing assets was as follows for the periods indicated: Three Months Ended June 30, 2024 2023 (in thousands) Balance at beginning of period $ 6,890 $ 7,542 Addition related to sale of SBA loans 482 399 Addition related to sale of residential loans 136 — Amortization ( 672 ) ( 589 ) Change in valuation allowance — — Balance at end of period $ 6,836 $ 7,352 Six Months Ended June 30, 2024 2023 (in thousands) Balance at beginning of period $ 7,070 $ 7,176 Addition related to sale of SBA loans 996 1,014 Addition related to sale of residential loans 136 — Amortization ( 1,366 ) ( 1,223 ) Change in valuation allowance — 385 Balance at end of period $ 6,836 $ 7,352

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Goodwill and Other Intangible Assets	The Company’s intangible assets were as follows for the periods indicated: June 30, 2024 December 31, 2023 Amortization Gross Accumulated Net Gross Accumulated Net (in thousands) Core deposit intangible 10 years $ 2,213 $ ( 2,196 ) $ 17 $ 2,213 $ ( 2,145 ) $ 68 Third-party originator's intangible 7 years — — — 483 ( 483 ) — Goodwill N/A 11,031 — 11,031 11,031 — 11,031 Total intangible assets $ 13,244 $ ( 2,196 ) $ 11,048 $ 13,727 $ ( 2,628 ) $ 11,099

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
Scheduled Maturities of Time Deposits	The scheduled maturities of time deposits are as follows for the periods indicated: Time Other Time Total (in thousands) At June 30, 2024 2024 $ 720,184 $ 959,204 $ 1,679,388 2025 282,055 483,676 765,731 2026 263 4,953 5,216 2027 — 955 955 2028 and thereafter — 309 309 Total $ 1,002,502 $ 1,449,097 $ 2,451,599 At December 31, 2023 2024 $ 995,830 $ 1,444,509 $ 2,440,339 2025 3,928 6,205 10,133 2026 263 3,142 3,405 2027 — 572 572 2028 and thereafter — 418 418 Total $ 1,000,021 $ 1,454,846 $ 2,454,867

Borrowings and Subordinated D_2

Borrowings and Subordinated Debentures (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Schedule of Borrowings	June 30, 2024 December 31, 2023 Outstanding Weighted Outstanding Weighted (dollars in thousands) Open advances $ 180,000 5.65 % $ 212,500 5.70 % Advances due within 12 months 50,000 3.33 37,500 0.40 Advances due over 12 months through 24 months 50,000 4.25 12,500 1.90 Advances due over 24 months through 36 months 12,500 4.85 62,500 4.37 Outstanding advances $ 292,500 4.98 % $ 325,000 4.69 %
Summary of Financial Data Pertaining to Federal Home Loan Bank Advances	The following is financial data pertaining to FHLB advances: June 30, 2024 December 31, 2023 (dollars in thousands) Weighted-average interest rate at end of period 4.98 % 4.69 % Weighted-average interest rate during the period 4.30 % 3.48 % Average balance of FHLB advances $ 165,810 $ 197,390 Maximum amount outstanding at any month-end $ 292,500 $ 450,000

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Reconciliation of Components Used to Derive Basic and Diluted EPS	The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated: Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (dollars in thousands, except per share amounts) Basic EPS Net income $ 14,451 $ 20,620 $ 29,615 $ 42,612 Less: income allocated to unvested restricted stock 129 128 222 268 Income allocated to common shares $ 14,322 $ 20,492 $ 29,393 $ 42,344 Weighted-average shares for basic EPS 30,055,913 30,324,264 30,089,341 30,320,281 Basic EPS (1) $ 0.48 $ 0.68 $ 0.98 $ 1.40 Effect of dilutive stock options and unvested performance stock units 77,733 62,777 76,840 62,945 Diluted EPS Income allocated to common shares $ 14,322 $ 20,492 $ 29,393 $ 42,344 Weighted-average shares for diluted EPS 30,133,646 30,387,041 30,166,181 30,383,226 Diluted EPS (1) $ 0.48 $ 0.67 $ 0.97 $ 1.39 (1) Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding.

Regulatory Matters (Tables)

Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2024
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Capital Ratios of Hanmi Financial and Bank	The capital ratios of Hanmi Financial and the Bank as of June 30, 2024 and December 31, 2023 were as follows: Minimum Minimum to Be Regulatory Categorized as Actual Requirement “Well Capitalized” Amount Ratio Amount Ratio Amount Ratio (dollars in thousands) June 30, 2024 Total capital (to risk-weighted assets): Hanmi Financial $ 962,585 15.24 % $ 505,278 8.00 % N/A N/A Hanmi Bank $ 916,437 14.51 % $ 505,135 8.00 % $ 631,419 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 786,761 12.46 % $ 378,958 6.00 % N/A N/A Hanmi Bank $ 850,613 13.47 % $ 378,851 6.00 % $ 505,135 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 764,886 12.11 % $ 284,219 4.50 % N/A N/A Hanmi Bank $ 850,613 13.47 % $ 284,139 4.50 % $ 410,422 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 786,761 10.51 % $ 299,570 4.00 % N/A N/A Hanmi Bank $ 850,613 11.41 % $ 298,076 4.00 % $ 372,595 5.00 % December 31, 2023 Total capital (to risk-weighted assets): Hanmi Financial $ 947,286 14.95 % $ 506,891 8.00 % N/A N/A Hanmi Bank $ 904,153 14.27 % $ 506,741 8.00 % $ 633,426 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 773,179 12.20 % $ 380,168 6.00 % N/A N/A Hanmi Bank $ 840,046 13.26 % $ 380,056 6.00 % $ 506,741 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 751,516 11.86 % $ 285,126 4.50 % N/A N/A Hanmi Bank $ 840,046 13.26 % $ 285,042 4.50 % $ 411,727 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 773,179 10.37 % $ 298,277 4.00 % N/A N/A Hanmi Bank $ 840,046 11.32 % $ 296,948 4.00 % $ 371,185 5.00 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	As of June 30, 2024 and December 31, 2023, assets and liabilities measured at fair value on a recurring basis are as follows: Level 1 Level 2 Level 3 Significant Observable Quoted Prices in Inputs with No Active Markets Active Market Significant for Identical with Identical Unobservable Assets Characteristics Inputs Total Fair Value (in thousands) June 30, 2024 Assets: Securities available for sale: U.S. Treasury securities $ 99,996 $ — $ — $ 99,996 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential — 414,868 — 414,868 Mortgage-backed securities - commercial — 52,872 — 52,872 Collateralized mortgage obligations — 124,212 — 124,212 Debt securities — 120,602 — 120,602 Total U.S. government agency and sponsored agency obligations — 712,554 — 712,554 Municipal bonds-tax exempt — 65,088 — 65,088 Total securities available for sale $ 99,996 $ 777,642 $ — $ 877,638 Derivative financial instruments $ — $ 6,216 $ — $ 6,216 Liabilities: Derivative financial instruments $ — $ 8,570 $ — $ 8,570 December 31, 2023 Assets: Securities available for sale: U.S. Treasury securities $ 85,488 $ — $ — $ 85,488 U.S. government agency and sponsored agency obligations: Mortgage-backed securities - residential — 442,328 — 442,328 Mortgage-backed securities - commercial — 47,991 — 47,991 Collateralized mortgage obligations — 97,411 — 97,411 Debt securities — 124,625 — 124,625 Total U.S. government agency and sponsored agency obligations — 712,355 — 712,355 Municipal bonds-tax exempt — 67,896 — 67,896 Total securities available for sale $ 85,488 $ 780,251 $ — $ 865,739 Derivative financial instruments $ — $ 6,245 $ — $ 6,245 Liabilities: Derivative financial instruments $ — $ 5,920 $ — $ 5,920
Assets and Liabilities Measured at Fair Value on Non-Recurring Basis	As of June 30, 2024 and December 31, 2023, assets and liabilities measured at fair value on a non-recurring basis are as follows: Level 1 Level 2 Level 3 Significant Observable Quoted Prices in Inputs With No Active Markets Active Market Significant for Identical With Identical Unobservable Total Assets Characteristics Inputs (in thousands) June 30, 2024 Assets: Collateral dependent loans (1) $ 7,795 $ — $ — $ 7,795 Other real estate owned 772 — — 772 Repossessed personal property 1,245 — — 1,245 December 31, 2023 Assets: Collateral dependent loans (2) $ 7,352 $ — $ — $ 7,352 Other real estate owned 117 — — 117 Repossessed personal property 1,305 — — 1,305 (1) Consisted of real estate loans of $ 5.8 million and commercial and industrial loans of $ 2.0 million. (2) Consisted of real estate loans of $ 2.2 million and commercial and industrial loans of $ 5.2 million.
Quantitative Information about Level 3 Fair Value Assumptions for Assets Measured at Fair Value on Non-Recurring Basis	The following table represents quantitative information about Level 3 fair value assumptions for assets measured at fair value on a non-recurring basis at June 30, 2024 and December 31, 2023: Fair Value Valuation Unobservable Range (Weighted (in thousands) June 30, 2024 Collateral dependent loans: Real estate loans: Commercial property Retail $ 561 Market approach Adjustments to market data ( 45 %) to 30 % / ( 15 )% (1) Hospitality 283 Market approach Adjustments to market data ( 30 )% to 35 % / ( 3 )% (1) Other 2,950 Market approach Adjustments to market data ( 11 )% to 21 % / 2 % (1) Construction 1,225 Market approach Adjustments to market data 5 % to 20 % / 15 % (1) Residential 813 Market approach Adjustments to market data ( 13 ) to 5 % / ( 1 )% (1) Total real estate loans 5,832 Commercial and industrial loans 1,963 Market approach Adjustments to market data N/A (2) Total $ 7,795 Other real estate owned $ 772 Market approach Adjustments to market data ( 35 )% to 5 % / ( 12 )% (1) Repossessed personal property 1,245 Market approach Adjustments to market data N/A (3) December 31, 2023 Collateral dependent loans: Real estate loans: Commercial property Retail $ 1,530 Market approach Adjustments to market data 5 % to 20 % / 15 % (1) Hospitality 338 Market approach Adjustments to market data ( 30 )% to 35 % / ( 1 )% (1) Other 305 Market approach Adjustments to market data ( 6 )% to 1 % / ( 2 )% (1) Residential 1 Market approach Adjustments to market data ( 15 )% to 3 % / ( 6 )% (1) Total real estate loans 2,174 Commercial and industrial loans 5,178 Market approach Adjustments to market data ( 20 )% to 55 % / ( 2 )% (1) Total $ 7,352 Other real estate owned $ 117 Market approach Adjustments to market data ( 10 )% to 5 % / ( 2 )% (1) Repossessed personal property 1,305 Market approach Adjustments to market data N/A (3) (1) Appraisal reports utilize a combination of valuation techniques including a market approach, where prices and other relevant information generated by market transactions involving similar or comparable properties are used to determine the appraised value. Appraisals may include an ‘as is’ and ‘upon completion’ valuation scenarios. Adjustments are routinely made in the appraisal process by third-party appraisers to adjust for differences between the comparable sales and income data. Adjustments also result from the consideration of relevant economic and demographic factors with the potential to affect property values. Also, prospective values are based on the market conditions which exist at the date of inspection combined with informed forecasts based on current trends in supply and demand for the property types under appraisal. Positive adjustments disclosed in this table represent increases to the sales comparison and negative adjustments represent decreases. (2) Includes one loan secured by cash and business assets. (3) The equipment is usually too small in value to use a professional appraisal service. The values are determined internally using a combination of auction values, vendor recommendations and sales comparisons depending on the equipment type. Some highly commoditized equipment, such as commercial trucks have services that provide industry values.
Estimated Fair Values of Financial Instruments	The estimated fair values of financial instruments were as follows: June 30, 2024 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 313,079 $ 313,079 $ — $ — Securities available for sale 877,638 99,996 777,642 — Loans held for sale 10,467 — 10,639 — Loans receivable, net of allowance for credit losses 6,108,630 — — 6,023,684 Accrued interest receivable 23,958 23,958 — — Derivative financial instruments 6,216 — 6,216 — Financial liabilities: Noninterest-bearing deposits 1,959,963 — 1,959,963 — Interest-bearing deposits 4,369,377 — — 4,364,613 Borrowings and subordinated debentures 422,818 — 291,145 133,245 Accrued interest payable 47,699 47,699 — — Derivative financial instruments 8,570 — 8,570 — December 31, 2023 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 302,324 $ 302,324 $ — $ — Securities available for sale 865,739 85,488 780,251 — Loans held for sale 12,013 — 12,238 — Loans receivable, net of allowance for credit losses 6,112,972 — — 6,007,975 Accrued interest receivable 23,371 23,371 — — Derivative financial instruments 6,245 — 6,245 — Financial liabilities: Noninterest-bearing deposits 2,003,596 — 2,003,596 — Interest-bearing deposits 4,276,978 — — 4,271,711 Borrowings and subordinated debentures 455,012 — 323,491 128,229 Accrued interest payable 39,306 39,306 — — Derivative financial instruments 5,920 — 5,920 —

Off-Balance Sheet Commitments (

Off-Balance Sheet Commitments (Tables)	6 Months Ended
	Jun. 30, 2024
Risks and Uncertainties [Abstract]
Distribution of Total Loan Commitments	The following table shows the distribution of total loan commitments as of the dates indicated: June 30, December 31, 2024 2023 (in thousands) Unused commitments to extend credit $ 795,391 $ 813,960 Standby letters of credit 87,186 83,725 Commercial letters of credit 23,806 33,140 Total commitments $ 906,383 $ 930,825
Allowance for Credit Losses Related to Off-Balance Sheet Items	Activity in the allowance for credit losses related to off-balance sheet items was as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (in thousands) Balance at beginning of period $ 2,297 $ 3,066 $ 2,474 $ 3,114 Credit loss recovery ( 287 ) ( 591 ) ( 464 ) ( 639 ) Balance at end of period $ 2,010 $ 2,475 $ 2,010 $ 2,475

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Future Minimum Rental Commitments Under Non-cancelable Operating Leases	At June 30, 2024, future minimum rental commitments under these non-cancelable operating leases, with initial or remaining terms of one year or more, were as follows: Amount (in thousands) 2024 $ 8,448 2025 7,327 2026 6,599 2027 6,559 2028 5,566 Thereafter 12,627 Remaining lease commitments 47,126 Interest ( 4,792 ) Present value of lease liability $ 42,334

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Financial Instruments as well as their Classification on Balance Sheet	The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of June 30, 2024 and December 31, 2023. As of June 30, 2024 Derivative Assets Derivative Liabilities Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value (in thousands) Derivatives not designated as hedging instruments Interest rate products $ 103,246 Other Assets $ 6,216 $ 103,246 Other Liabilities $ 6,171 Total derivatives not designated as hedging instruments $ 6,216 $ 6,171 Derivatives designated as hedging instruments Interest rate products $ — Other Assets $ — $ 175,000 Other Liabilities $ 2,399 Total derivatives designated as hedging instruments $ — $ 2,399 As of December 31, 2023 Derivative Assets Derivative Liabilities Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value (in thousands) Derivatives not designated as hedging instruments Interest rate products $ 104,571 Other Assets $ 5,939 $ 104,571 Other Liabilities $ 5,920 Total derivatives not designated as hedging instruments $ 5,939 $ 5,920 Derivatives designated as hedging instruments Interest rate products $ 100,000 Other Assets $ 306 $ — Other Liabilities $ — Total derivatives designated as hedging instruments $ 306 $ —
Summary of Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income	The table below presents the effect of cash flow hedge accounting on Accumulated Other Comprehensive Income for the three and six months ended June 30, 2024 and 2023. Three Months Ended June 30, 2024 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ ( 746 ) $ ( 746 ) $ — Interest Income $ ( 460 ) $ ( 460 ) $ — Total $ ( 746 ) $ ( 746 ) $ — $ ( 460 ) $ ( 460 ) $ — Three Months Ended June 30, 2023 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ — $ — $ — Interest Income $ — $ — $ — Total $ — $ — $ — $ — $ — $ — Six Months Ended June 30, 2024 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ ( 2,953 ) $ ( 2,953 ) $ — Interest Income $ ( 460 ) $ ( 460 ) $ — Total $ ( 2,953 ) $ ( 2,953 ) $ — $ ( 460 ) $ ( 460 ) $ — Six Months Ended June 30, 2023 Derivatives in Subtopic 815-20 Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative Amount of Gain or (Loss) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component (in thousands) Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ — $ — $ — Interest Income $ — $ — $ — Total $ — $ — $ — $ — $ — $ —
Summary of Effect of Cash Flow Hedge Accounting on Income Statement	The table below presents the effect of cash flow hedge accounting on the Income Statement for the three and six months ended June 30, 2024 and 2023. Location and Amount of Gain or (Loss) Recognized in Income on Cash Flow Hedging Relationship Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Interest Income Interest Expense Interest Income Interest Expense Interest Income Interest Expense Interest Income Interest Expense (in thousands) Gain or (loss) on cash flow hedging relationships in Subtopic 815-20 Interest contracts Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income $ ( 460 ) $ — $ — $ — $ ( 460 ) $ — $ — $ — Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income - included component ( 460 ) — — — ( 460 ) — — —
Effect of Derivative Financial Instruments that are Not Designated as Hedging Instruments on Income Statement	The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the Income Statement for the three and six months ended June 30, 2024 and 2023. Derivatives Not Designated as Hedging Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 (in thousands) Interest rate products Other income $ 3 $ 43 $ 26 $ ( 85 ) Total $ 3 $ 43 $ 26 $ ( 85 )
Summary of Gross Presentation, Effects of Offsetting and a Net Presentation of Derivatives	The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of June 30, 2024 and December 31, 2023. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The derivative assets are located within the prepaid and other assets line item on the Consolidated Balance Sheets and the derivative liabilities are located within the accrued expenses and other liabilities line item on the Consolidated Balance Sheets. Offsetting of Derivative Assets As of June 30, 2024 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Received Net Amount (in thousands) Derivatives $ 6,216 $ — $ 6,216 $ 2,399 $ 3,817 $ — Offsetting of Derivative Liabilities As of June 30, 2024 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Liabilities presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Provided Net Amount (in thousands) Derivatives $ 8,570 $ — $ 8,570 $ 2,399 $ — $ 6,171 Offsetting of Derivative Assets As of December 31, 2023 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Received Net Amount (in thousands) Derivatives $ 6,245 $ — $ 6,245 $ 284 $ 5,731 $ 230 Offsetting of Derivative Liabilities As of December 31, 2023 Gross Amounts Not Offset in the Consolidated Balance Sheets Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Liabilities presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Provided Net Amount (in thousands) Derivatives $ 5,920 $ — $ 5,920 $ 284 $ — $ 5,636

Securities - Summary of Investm

Securities - Summary of Investment Securities Available for Sale (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 985,305	$ 967,031
Gross Unrealized Gain	323	891
Gross Unrealized Loss	(107,990)	(102,183)
Estimated Fair Value	877,638	865,739
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	101,003	86,355
Gross Unrealized Gain	24	173
Gross Unrealized Loss	(1,031)	(1,040)
Estimated Fair Value	99,996	85,488
Mortgage-backed securities - residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	480,881	504,544
Gross Unrealized Gain	162	481
Gross Unrealized Loss	(66,175)	(62,697)
Estimated Fair Value	414,868	442,328
Mortgage-backed securities - commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	65,402	59,973
Gross Unrealized Gain	21
Gross Unrealized Loss	(12,551)	(11,982)
Estimated Fair Value	52,872	47,991
Collateralized mortgage obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	134,155	106,823
Gross Unrealized Gain	116	237
Gross Unrealized Loss	(10,059)	(9,649)
Estimated Fair Value	124,212	97,411
Debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	127,258	132,215
Gross Unrealized Loss	(6,656)	(7,590)
Estimated Fair Value	120,602	124,625
Total U.S. government agency and sponsored agency obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	807,696	803,555
Gross Unrealized Gain	299	718
Gross Unrealized Loss	(95,441)	(91,918)
Estimated Fair Value	712,554	712,355
Municipal bonds-tax exempt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	76,606	77,121
Gross Unrealized Loss	(11,518)	(9,225)
Estimated Fair Value	$ 65,088	$ 67,896

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost and Estimated Fair Value of Investment Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Available-for-Sale Within one year, Amortized Cost	$ 103,597	$ 62,521
Available-for-Sale Over one year through five years, Amortized Cost	138,045	169,176
Available-for-Sale Over five years through ten years, Amortized Cost	89,869	83,720
Available-for-Sale Over ten years, Amortized Cost	653,794	651,614
Amortized Cost	985,305	967,031
Available-for-Sale Within one year, Estimated Fair Value	101,624	61,828
Available-for-Sale Over one year through five years, Estimated Fair Value	131,977	160,983
Available-for-Sale Over five years through ten years, Estimated Fair Value	80,840	77,608
Available-for-Sale Over ten years, Estimated Fair Value	563,197	565,320
Estimated fair value	$ 877,638	$ 865,739

Securities - Summary of Debt Se

Securities - Summary of Debt Securities Available for Sale in an Unrealized Loss Position for Which an Allowance for Credit Losses Has Not Been Recorded (Detail) $ in Thousands	Jun. 30, 2024 USD ($) Security	Dec. 31, 2023 USD ($) Security
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (690)	$ (106)
Available-for-Sale Within One Year, Estimated Fair Value	$ 121,242	$ 30,422
Available-for-Sale Within One Year, Number of Securities | Security	39	14
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (107,300)	$ (102,077)
Available-for-Sale More than One Year, Estimated Fair Value	$ 710,075	$ 747,988
Available-for-Sale More than One Year, Number of Securities | Security	213	213
Available-for-Sale, Gross Unrealized Loss	$ (107,990)	$ (102,183)
Available-for-Sale, Estimated Fair Value	$ 831,317	$ 778,410
Available-for-Sale, Number of Securities | Security	252	227
U.S. Treasury securities
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (204)	$ (57)
Available-for-Sale Within One Year, Estimated Fair Value	$ 53,200	$ 21,024
Available-for-Sale Within One Year, Number of Securities | Security	17	7
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (827)	$ (983)
Available-for-Sale More than One Year, Estimated Fair Value	$ 33,383	$ 32,449
Available-for-Sale More than One Year, Number of Securities | Security	11	11
Available-for-Sale, Gross Unrealized Loss	$ (1,031)	$ (1,040)
Available-for-Sale, Estimated Fair Value	$ 86,583	$ 53,473
Available-for-Sale, Number of Securities | Security	28	18
Mortgage-backed securities - residential
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (223)	$ (11)
Available-for-Sale Within One Year, Estimated Fair Value	$ 26,217	$ 2,324
Available-for-Sale Within One Year, Number of Securities | Security	11	5
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (65,952)	$ (62,686)
Available-for-Sale More than One Year, Estimated Fair Value	$ 379,731	$ 411,417
Available-for-Sale More than One Year, Number of Securities | Security	117	118
Available-for-Sale, Gross Unrealized Loss	$ (66,175)	$ (62,697)
Available-for-Sale, Estimated Fair Value	$ 405,948	$ 413,741
Available-for-Sale, Number of Securities | Security	128	123
Mortgage-backed securities - commercial
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (4)
Available-for-Sale Within One Year, Estimated Fair Value	$ 4,380
Available-for-Sale Within One Year, Number of Securities | Security	1
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (12,547)	$ (11,982)
Available-for-Sale More than One Year, Estimated Fair Value	$ 46,487	$ 47,991
Available-for-Sale More than One Year, Number of Securities | Security	15	15
Available-for-Sale, Gross Unrealized Loss	$ (12,551)	$ (11,982)
Available-for-Sale, Estimated Fair Value	$ 50,867	$ 47,991
Available-for-Sale, Number of Securities | Security	16	15
Collateralized mortgage obligations
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (259)	$ (38)
Available-for-Sale Within One Year, Estimated Fair Value	$ 37,445	$ 7,074
Available-for-Sale Within One Year, Number of Securities | Security	10	2
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (9,800)	$ (9,611)
Available-for-Sale More than One Year, Estimated Fair Value	$ 64,784	$ 63,610
Available-for-Sale More than One Year, Number of Securities | Security	26	24
Available-for-Sale, Gross Unrealized Loss	$ (10,059)	$ (9,649)
Available-for-Sale, Estimated Fair Value	$ 102,229	$ 70,684
Available-for-Sale, Number of Securities | Security	36	26
Debt securities
Summary of Investment Holdings [Line Items]
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (6,656)	$ (7,590)
Available-for-Sale More than One Year, Estimated Fair Value	$ 120,602	$ 124,625
Available-for-Sale More than One Year, Number of Securities | Security	25	26
Available-for-Sale, Gross Unrealized Loss	$ (6,656)	$ (7,590)
Available-for-Sale, Estimated Fair Value	$ 120,602	$ 124,625
Available-for-Sale, Number of Securities | Security	25	26
Total U.S. government agency and sponsored agency obligations
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (486)	$ (49)
Available-for-Sale Within One Year, Estimated Fair Value	$ 68,042	$ 9,398
Available-for-Sale Within One Year, Number of Securities | Security	22	7
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (94,955)	$ (91,869)
Available-for-Sale More than One Year, Estimated Fair Value	$ 611,604	$ 647,643
Available-for-Sale More than One Year, Number of Securities | Security	183	183
Available-for-Sale, Gross Unrealized Loss	$ (95,441)	$ (91,918)
Available-for-Sale, Estimated Fair Value	$ 679,646	$ 657,041
Available-for-Sale, Number of Securities | Security	205	190
Municipal bonds-tax exempt
Summary of Investment Holdings [Line Items]
Available-for-Sale More than One Year, Gross Unrealized Loss	$ (11,518)	$ (9,225)
Available-for-Sale More than One Year, Estimated Fair Value	$ 65,088	$ 67,896
Available-for-Sale More than One Year, Number of Securities | Security	19	19
Available-for-Sale, Gross Unrealized Loss	$ (11,518)	$ (9,225)
Available-for-Sale, Estimated Fair Value	$ 65,088	$ 67,896
Available-for-Sale, Number of Securities | Security	19	19

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Proceeds from sales of securities	$ 0	$ 8,149,000	$ 0	$ 8,149,000
Net losses in earnings resulting from sale of securities		(1,871,000)		(1,871,000)
Net unrealized losses recorded in accumulated other comprehensive income		$ (1,700,000)		$ (1,700,000)
Unrealized loss on securities			0
Available for sale securities pledged as collateral	$ 31,400,000		$ 31,400,000		$ 24,800,000
Minimum | U.S. Government and its Agencies
Debt Securities, Available-for-sale [Line Items]
Holdings of securities as percentage of share holders' equity	10%		10%

Securities - Realized Gains and

Securities - Realized Gains and Losses on Sales of Investment Securities (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Gross realized losses on sales of securities		$ (1,871,000)		$ (1,871,000)
Net realized gains (losses) on sales of securities		(1,871,000)		(1,871,000)
Proceeds from sales of securities	$ 0	$ 8,149,000	$ 0	$ 8,149,000

Loans - Loans (Detail)

Loans - Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 6,176,359	$ 6,182,434
Allowance for credit losses	(67,729)	(69,462)	$ (71,024)	$ (71,523)
Loans receivable, net	6,108,630	6,112,972
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	954,209	962,661
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	4,842,714	4,852,400
Allowance for credit losses	(42,153)	(45,499)
Real Estate | Retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	1,094,728	1,107,360
Allowance for credit losses	(10,126)	(10,264)
Real Estate | Hospitality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	754,600	740,519
Allowance for credit losses	(11,995)	(15,534)
Real Estate | Office
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	572,532	574,981
Real Estate | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	1,360,139	1,366,534
Real Estate | Total commercial property loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	3,781,999	3,789,394
Allowance for credit losses	(33,722)	(37,485)
Real Estate | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	106,506	100,345
Allowance for credit losses	(2,371)	(2,756)
Real Estate | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	954,209	962,661
Allowance for credit losses	(6,060)	(5,258)
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	802,372	747,819
Allowance for credit losses	(10,563)	(10,257)
Equipment Financing Agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	531,273	582,215
Allowance for credit losses	$ (15,013)	$ (13,706)

Loans - Loans (Detail) (Parenth

Loans - Loans (Detail) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 6,176,359	$ 6,182,434
Payment Protection Program
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	100	200
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	4,842,714	4,852,400
Real Estate | Home Equity Loans and Lines - Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	1,500	1,900
Real Estate | Personal Loans - Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 4,900	$ 4,500

Loans - Additional Information

Loans - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($) Loan	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($) Loan	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest on loans	$ 23,958,000		$ 23,958,000			$ 23,371,000
Pledged loans receivable, carrying value	2,410,000,000		2,410,000,000			2,360,000,000
Loans receivable	6,176,359,000		6,176,359,000			6,182,434,000
Loans held for sale, at the lower of cost or fair value	10,467,000	$ 7,293,000	10,467,000	$ 7,293,000	$ 3,999,000	12,013,000	$ 3,652,000	$ 8,043,000
Gains on sale of second draw PPP loans			3,126,000	3,081,000
Proceeds from sale of second draw PPP loans	23,490,000	19,943,000	49,076,000	49,643,000
Interest income on nonaccrual loans	29,000	$ 30,000	38,000	$ 134,000
Number of loan modified | Loan		0		0
Other real estate owned ("OREO")	772,000		772,000			117,000
Loans Pledged to Secure Advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Pledged loans receivable, carrying value	2,410,000,000		2,410,000,000			2,360,000,000
Payment Protection Program
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	100,000		100,000			200,000
Prepaid Expenses and Other Assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other real estate owned ("OREO")	800,000		800,000			100,000
Loans | Accrued Interest
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest on loans	$ 20,000,000		$ 20,000,000			$ 19,800,000

Loans - Activity for Loans Held

Loans - Activity for Loans Held for Sale (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Reclassification From Portfolio Loans To Loans Held For Sale [Roll Forward]
Balance at beginning of period	$ 3,999	$ 3,652	$ 12,013	$ 8,043
Originations and transfers	29,963	23,588	47,595	48,904
Sales	(23,490)	(19,943)	(49,076)	(49,643)
Principal paydowns / payoffs and amortization	(5)	(4)	(65)	(11)
Balance at end of period	10,467	7,293	10,467	7,293
Real Estate
Financing Receivable, Reclassification From Portfolio Loans To Loans Held For Sale [Roll Forward]
Balance at beginning of period	1,454	379	8,792	3,775
Originations and transfers	20,572	14,494	30,186	30,881
Sales	(14,877)	(9,329)	(31,775)	(29,111)
Principal paydowns / payoffs and amortization	0	0	(54)	(1)
Balance at end of period	7,149	5,544	7,149	5,544
Commercial and Industrial
Financing Receivable, Reclassification From Portfolio Loans To Loans Held For Sale [Roll Forward]
Balance at beginning of period	2,545	3,273	3,221	4,268
Originations and transfers	9,391	9,094	17,409	18,023
Sales	(8,613)	(10,614)	(17,301)	(20,532)
Principal paydowns / payoffs and amortization	(5)	(4)	(11)	(10)
Balance at end of period	$ 3,318	$ 1,749	$ 3,318	$ 1,749

Loans - Loans Purchased by Port

Loans - Loans Purchased by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans receivable	$ 19,636	$ 29,834
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans receivable	6,060	6,334
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans receivable	8,398	18,322
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans receivable	$ 5,178	$ 5,178

Loans - Allowance for Credit Lo

Loans - Allowance for Credit Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance			$ 69,462	$ 71,523
Chargeoffs	$ (2,338)		(4,461)	(4,944)
Recoveries			1,076	1,750
Credit loss expense (recovery)			1,652	2,695
Ending balance	67,729	$ 71,024	67,729	71,024
Non-PCI Loans and Leases
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	68,270	72,249
Chargeoffs		(2,707)
Recoveries	548	967
Credit loss expense (recovery)	1,249	515
Ending balance	67,729	71,024	67,729	71,024
Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance			45,499
Ending balance	42,153		42,153
Real Estate | Non-PCI Loans and Leases
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	42,584	43,531	45,499	44,026
Chargeoffs	(93)		(93)	(412)
Recoveries	64	62	111	130
Credit loss expense (recovery)	(403)	(539)	(3,365)	(690)
Ending balance	42,152	43,054	42,152	43,054
Commercial and Industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance			10,257
Ending balance	10,563		10,563
Commercial and Industrial | Non-PCI Loans and Leases
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	11,836	15,333	10,257	15,267
Chargeoffs	(93)	(103)	(248)	(312)
Recoveries	166	555	224	791
Credit loss expense (recovery)	(1,346)	244	330	283
Ending balance	10,563	16,029	10,563	16,029
Equipment Financing Agreements
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance			13,706
Ending balance	15,013		15,013
Equipment Financing Agreements | Non-PCI Loans and Leases
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	13,850	13,385	13,706	12,230
Chargeoffs	(2,152)	(2,604)	(4,120)	(4,220)
Recoveries	318	350	741	829
Credit loss expense (recovery)	2,998	810	4,687	3,102
Ending balance	$ 15,014	$ 11,941	$ 15,014	$ 11,941

Loans - Allowance for Credit _2

Loans - Allowance for Credit Losses by Portfolio Segment as a Percentage of Recorded Total Allowance for Credit Losses and Aggregate Recorded Investment of Loans Receivable (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 67,729	$ 69,462	$ 71,024	$ 71,523
Percentage of Total Allowance	100%	100%
Total Loans	$ 6,176,359	$ 6,182,434
Percentage of Total Loans	100%	100%
Residential
Financing Receivable Allowance For Credit Losses [Line Items]
Total Loans	$ 954,209	$ 962,661
Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 42,153	$ 45,499
Percentage of Total Allowance	62.20%	65.50%
Total Loans	$ 4,842,714	$ 4,852,400
Percentage of Total Loans	78.40%	78.50%
Real Estate | Retail
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 10,126	$ 10,264
Percentage of Total Allowance	15%	14.80%
Total Loans	$ 1,094,728	$ 1,107,360
Percentage of Total Loans	17.70%	17.90%
Real Estate | Hospitality
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 11,995	$ 15,534
Percentage of Total Allowance	17.70%	22.40%
Total Loans	$ 754,600	$ 740,519
Percentage of Total Loans	12.20%	12%
Real Estate | Office
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 3,712	$ 3,024
Percentage of Total Allowance	5.50%	4.40%
Total Loans	$ 572,532	$ 574,981
Percentage of Total Loans	9.30%	9.30%
Real Estate | Other
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 7,889	$ 8,663
Percentage of Total Allowance	11.60%	12.40%
Total Loans	$ 1,360,139	$ 1,366,534
Percentage of Total Loans	22%	22.10%
Real Estate | Total commercial property loans
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 33,722	$ 37,485
Percentage of Total Allowance	49.80%	54%
Total Loans	$ 3,781,999	$ 3,789,394
Percentage of Total Loans	61.20%	61.30%
Real Estate | Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 2,371	$ 2,756
Percentage of Total Allowance	3.50%	4%
Total Loans	$ 106,506	$ 100,345
Percentage of Total Loans	1.70%	1.60%
Real Estate | Residential
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 6,060	$ 5,258
Percentage of Total Allowance	8.90%	7.50%
Total Loans	$ 954,209	$ 962,661
Percentage of Total Loans	15.50%	15.60%
Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 10,563	$ 10,257
Percentage of Total Allowance	15.60%	14.80%
Total Loans	$ 802,372	$ 747,819
Percentage of Total Loans	13%	12.10%
Equipment Financing Agreements
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 15,013	$ 13,706
Percentage of Total Allowance	22.20%	19.70%
Total Loans	$ 531,273	$ 582,215
Percentage of Total Loans	8.60%	9.40%

Loans - Summary of Amortized Co

Loans - Summary of Amortized Cost Basis of Collateral Dependent Loans By Class of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	$ 9,757	$ 7,352
Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	5,830	2,174
Real Estate | Retail
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	560	1,530
Real Estate | Hospitality
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	282	338
Real Estate | Other
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	2,950	305
Real Estate | Total commercial property loans
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	3,792	2,173
Real Estate | Construction
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	1,225
Real Estate | Residential
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	813	1
Commercial and Industrial
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	$ 3,927	$ 5,178

Loans - Loans by Vintage Year a

Loans - Loans by Vintage Year and Risk Rating (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
2024	$ 607,948	$ 1,447,774
2024 - YTD gross		178
2024 - YTD net		178
2023	1,120,068	1,766,797
2023 - YTD gross	411	3,961
2023 - YTD Net	379	3,749
2022	1,649,655	1,241,680
2022 - YTD gross	2,680	3,267
2022 - YTD net	2,455	2,851
2021	1,144,354	647,431
2021 - YTD gross	874	797
2021- YTD net	685	647
2020	611,668	413,856
2020 - YTD gross	262	909
2020 - YTD net	206	351
Prior	630,735	380,747
Prior - Gross	234	858
Prior - Net	(167)	(6,823)
Revolving Loans Amortized Cost Basis	411,931	284,149
Revolving Loans Amortized Cost Basis - YTD gross		6,120
Revolving Loans Amortized Cost Basis - YTD net	(173)	6,090
Loans receivable	6,176,359	6,182,434
Loans receivable gross chargeoff	4,461	16,090
Loans receivable net chargeoff	3,385	7,043
Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2024	600,071	1,439,588
2023	1,117,264	1,742,971
2022	1,639,303	1,203,259
2021	1,110,568	641,294
2020	610,007	407,087
Prior	620,724	374,248
Revolving Loans Amortized Cost Basis	407,554	277,305
Loans receivable	6,105,491	6,085,752
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2024	6,462	4,400
2023		18,575
2022		31,577
2021	28,318	5,772
2020	1,409	711
Prior	283	2,375
Revolving Loans Amortized Cost Basis	450	1,905
Loans receivable	36,922	65,315
Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,415	3,786
2023	2,804	5,251
2022	10,352	6,844
2021	5,468	365
2020	252	6,058
Prior	9,728	4,124
Revolving Loans Amortized Cost Basis	3,927	4,939
Loans receivable	33,946	31,367
Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Loans receivable	954,209	962,661
Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
2024	402,436	1,053,519
2023	858,959	1,367,611
2022	1,336,750	1,053,915
2021	1,020,350	591,276
2021 - YTD gross		411
2021- YTD net		403
2020	579,914	384,573
2020 - YTD net	(13)
Prior	603,525	364,339
Prior - Gross	93	216
Prior - Net	(5)	(88)
Revolving Loans Amortized Cost Basis	40,780	37,167
Loans receivable	4,842,714	4,852,400
Loans receivable gross chargeoff	93	627
Loans receivable net chargeoff	(18)	315
Real Estate | Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2024	394,853	1,046,054
2023	857,689	1,362,534
2022	1,330,604	1,017,439
2021	988,820	585,606
2020	578,602	378,284
Prior	594,346	358,136
Revolving Loans Amortized Cost Basis	40,530	35,261
Loans receivable	4,785,444	4,783,314
Real Estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2024	6,168	4,400
2023		3,997
2022		31,577
2021	28,318	5,670
2020	1,312	711
Prior	260	2,310
Revolving Loans Amortized Cost Basis	250	1,906
Loans receivable	36,308	50,571
Real Estate | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,415	3,065
2023	1,270	1,080
2022	6,146	4,899
2021	3,212
2020		5,578
Prior	8,919	3,893
Loans receivable	20,962	18,515
Real Estate | Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
2024	281,914	691,284
2023	591,728	991,899
2022	975,292	866,991
2021	838,658	578,620
2021 - YTD gross		411
2021- YTD net		403
2020	567,527	384,356
2020 - YTD net	(13)
Prior	491,811	244,602
Prior - Gross	93	216
Prior - Net	(3)	(81)
Revolving Loans Amortized Cost Basis	35,069	31,642
Loans receivable	3,781,999	3,789,394
Loans receivable gross chargeoff	93	627
Loans receivable net chargeoff	(16)	322
Real Estate | Total commercial property loans | Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2024	275,556	683,819
2023	591,728	986,822
2022	969,146	858,821
2021	835,446	572,950
2020	566,215	378,067
Prior	482,632	238,400
Revolving Loans Amortized Cost Basis	35,069	30,236
Loans receivable	3,755,792	3,749,115
Loans receivable net chargeoff	(16)
Real Estate | Total commercial property loans | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2024	6,168	4,400
2023		3,997
2022		3,271
2021		5,670
2020	1,312	711
Prior	260	2,310
Revolving Loans Amortized Cost Basis		1,406
Loans receivable	7,740	21,765
Real Estate | Total commercial property loans | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2024	190	3,065
2023		1,080
2022	6,146	4,899
2021	3,212
2020		5,578
Prior	8,919	3,892
Loans receivable	18,467	18,514
Real Estate | Construction
Financing Receivable, Credit Quality Indicator [Line Items]
2024	52,164	72,039
2023	26,024
2022	28,318	28,306
2021	28,318
Loans receivable	106,506	100,345
Real Estate | Construction | Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2024	50,939	72,039
2023	26,024
Loans receivable	76,963	72,039
Real Estate | Construction | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	28,318	28,306
Loans receivable	28,318	28,306
Real Estate | Construction | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,225
Loans receivable	1,225
Real Estate | Residential
Financing Receivable, Credit Quality Indicator [Line Items]
2024	68,358	290,196
2023	241,207	375,712
2022	361,458	158,618
2021	153,374	12,656
2020	12,387	217
Prior	111,714	119,737
Prior - Net	(2)	(7)
Revolving Loans Amortized Cost Basis	5,711	5,525
Loans receivable	954,209	962,661
Loans receivable net chargeoff	(2)	(7)
Real Estate | Residential | Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2024	68,358	290,196
2023	239,937	375,712
2022	361,458	158,618
2021	153,374	12,656
2020	12,387	217
Prior	111,714	119,736
Revolving Loans Amortized Cost Basis	5,461	5,025
Loans receivable	952,689	962,160
Real Estate | Residential | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Amortized Cost Basis	250	500
Loans receivable	250	500
Real Estate | Residential | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,270
Prior		1
Loans receivable	1,270	1
Real Estate | Residential
Financing Receivable, Credit Quality Indicator [Line Items]
2024	68,358	290,196
2023	241,207	375,712
2022	361,458	158,618
2021	153,374	12,656
2020	12,387	217
Prior	111,714	119,737
Prior - Net	(2)	(7)
Revolving Loans Amortized Cost Basis	5,711	5,525
Loans receivable	954,209	962,661
Loans receivable net chargeoff	(2)	(7)
Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
2024	131,646	178,193
2023	80,571	183,787
2023 - YTD gross	64	17
2023 - YTD Net	64	5
2022	139,058	84,198
2022 - YTD gross	155
2022 - YTD net	153	(7)
2021	46,328	31,450
2020	16,185	10,050
2020 - YTD gross		110
2020 - YTD net		101
Prior	17,433	13,159
Prior - Gross	29	410
Prior - Net	(20)	(6,621)
Revolving Loans Amortized Cost Basis	371,151	246,982
Revolving Loans Amortized Cost Basis - YTD gross		6,120
Revolving Loans Amortized Cost Basis - YTD net	(173)	6,090
Loans receivable	802,372	747,819
Loans receivable gross chargeoff	248	6,657
Loans receivable net chargeoff	24	(432)
Commercial and Industrial | Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2024	131,352	177,864
2023	80,571	169,209
2022	138,965	84,198
2021	46,328	31,348
2020	16,075	9,971
Prior	17,018	12,920
Revolving Loans Amortized Cost Basis	367,024	242,044
Loans receivable	797,333	727,554
Commercial and Industrial | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2024	294
2023		14,578
2021		102
2020	97
Prior	23	65
Revolving Loans Amortized Cost Basis	200	(1)
Loans receivable	614	14,744
Commercial and Industrial | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2024		329
2022	93
2020	13	79
Prior	392	174
Revolving Loans Amortized Cost Basis	3,927	4,939
Loans receivable	4,425	5,521
Equipment Financing Agreements
Financing Receivable, Credit Quality Indicator [Line Items]
2024	73,866	216,062
2024 - YTD gross		178
2024 - YTD net		178
2023	180,538	215,399
2023 - YTD gross	347	3,944
2023 - YTD Net	315	3,744
2022	173,847	103,567
2022 - YTD gross	2,525	3,267
2022 - YTD net	2,302	2,858
2021	77,676	24,705
2021 - YTD gross	874	386
2021- YTD net	685	244
2020	15,569	19,233
2020 - YTD gross	262	799
2020 - YTD net	219	250
Prior	9,777	3,249
Prior - Gross	112	232
Prior - Net	(142)	(114)
Loans receivable	531,273	582,215
Loans receivable gross chargeoff	4,120	8,806
Loans receivable net chargeoff	3,379	7,160
Equipment Financing Agreements | Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2024	73,866	215,670
2023	179,004	211,228
2022	169,734	101,622
2021	75,420	24,340
2020	15,330	18,832
Prior	9,360	3,192
Loans receivable	522,714	574,884
Equipment Financing Agreements | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2024		392
2023	1,534	4,171
2022	4,113	1,945
2021	2,256	365
2020	239	401
Prior	417	57
Loans receivable	$ 8,559	$ 7,331

Loans - Loans by Vintage Year_2

Loans - Loans by Vintage Year and Payment Performance (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
2024	$ 607,948	$ 1,447,774
2024 - YTD gross		178
2024 - YTD net		178
2023	1,120,068	1,766,797
2023 - YTD gross	411	3,961
2023 - YTD Net	379	3,749
2022	1,649,655	1,241,680
2022 - YTD gross	2,680	3,267
2022 - YTD net	2,455	2,851
2021	1,144,354	647,431
2021 - YTD gross	874	797
2021- YTD net	685	647
2020	611,668	413,856
2020 - YTD gross	262	909
2020 - YTD net	206	351
Prior	630,735	380,747
Prior - Gross	234	858
Prior - Net	(167)	(6,823)
Revolving Loans Amortized Cost Basis	411,931	284,149
Revolving Loans Amortized Cost Basis - YTD gross		6,120
Revolving Loans Amortized Cost Basis - YTD net	(173)	6,090
Loans receivable	6,176,359	6,182,434
Loans receivable gross chargeoff	4,461	16,090
Loans receivable net chargeoff	3,385	7,043
Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2024	606,533	1,445,218
2023	1,118,534	1,762,626
2022	1,645,422	1,239,585
2021	1,142,098	647,031
2020	611,095	413,386
Prior	625,428	379,813
Revolving Loans Amortized Cost Basis	408,004	279,301
Loans receivable	6,157,114	6,166,960
Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,415	2,556
2023	1,534	4,171
2022	4,233	2,095
2021	2,256	400
2020	573	470
Prior	5,307	934
Revolving Loans Amortized Cost Basis	3,927	4,848
Loans receivable	19,245	15,474
Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Loans receivable	954,209	962,661
Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
2024	402,436	1,053,519
2023	858,959	1,367,611
2022	1,336,750	1,053,915
2021	1,020,350	591,276
2021 - YTD gross		411
2021- YTD net		403
2020	579,914	384,573
2020 - YTD net	(13)
Prior	603,525	364,339
Prior - Gross	93	216
Prior - Net	(5)	(88)
Revolving Loans Amortized Cost Basis	40,780	37,167
Loans receivable	4,842,714	4,852,400
Loans receivable gross chargeoff	93	627
Loans receivable net chargeoff	(18)	315
Real Estate | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2024	401,021	1,051,684
2023	858,959	1,367,611
2022	1,336,630	1,053,765
2021	1,020,350	591,276
2020	579,580	384,492
Prior	598,722	363,555
Revolving Loans Amortized Cost Basis	40,780	37,167
Loans receivable	4,836,042	4,849,550
Real Estate | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,415	1,835
2022	120	150
2020	334	81
Prior	4,803	784
Prior - Gross	93
Loans receivable	6,672	2,850
Real Estate | Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
2024	281,914	691,284
2023	591,728	991,899
2022	975,292	866,991
2021	838,658	578,620
2021 - YTD gross		411
2021- YTD net		403
2020	567,527	384,356
2020 - YTD net	(13)
Prior	491,811	244,602
Prior - Gross	93	216
Prior - Net	(3)	(81)
Revolving Loans Amortized Cost Basis	35,069	31,642
Loans receivable	3,781,999	3,789,394
Loans receivable gross chargeoff	93	627
Loans receivable net chargeoff	(16)	322
Real Estate | Total commercial property loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2024	281,724	689,449
2023	591,728	991,899
2022	975,172	866,841
2021	838,658	578,620
2020	567,527	384,275
Prior	487,487	243,819
Revolving Loans Amortized Cost Basis	35,069	31,642
Loans receivable	3,777,365	3,786,545
Real Estate | Total commercial property loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2024	190	1,835
2022	120	150
2020		81
Prior	4,324	783
Loans receivable	4,634	2,849
Real Estate | Construction
Financing Receivable, Credit Quality Indicator [Line Items]
2024	52,164	72,039
2023	26,024
2022	28,318	28,306
2021	28,318
Loans receivable	106,506	100,345
Real Estate | Construction | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2024	50,939	72,039
2023	26,024
2022		28,306
2021	28,318
Loans receivable	105,281	100,345
Real Estate | Construction | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,225
Loans receivable	1,225
Real Estate | Residential
Financing Receivable, Credit Quality Indicator [Line Items]
2024	68,358	290,196
2023	241,207	375,712
2022	361,458	158,618
2021	153,374	12,656
2020	12,387	217
Prior	111,714	119,737
Prior - Net	(2)	(7)
Revolving Loans Amortized Cost Basis	5,711	5,525
Loans receivable	954,209	962,661
Loans receivable net chargeoff	(2)	(7)
Real Estate | Residential | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2024	68,358	290,196
2023	241,207	375,712
2022	361,458	158,618
2021	153,374	12,656
2020	12,053	217
Prior	111,235	119,736
Revolving Loans Amortized Cost Basis	5,711	5,525
Loans receivable	953,396	962,660
Real Estate | Residential | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2020	334
Prior	479	1
Loans receivable	813	1
Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
2024	131,646	178,193
2023	80,571	183,787
2023 - YTD gross	64	17
2023 - YTD Net	64	5
2022	139,058	84,198
2022 - YTD gross	155
2022 - YTD net	153	(7)
2021	46,328	31,450
2020	16,185	10,050
2020 - YTD gross		110
2020 - YTD net		101
Prior	17,433	13,159
Prior - Gross	29	410
Prior - Net	(20)	(6,621)
Revolving Loans Amortized Cost Basis	371,151	246,982
Revolving Loans Amortized Cost Basis - YTD gross		6,120
Revolving Loans Amortized Cost Basis - YTD net	(173)	6,090
Loans receivable	802,372	747,819
Loans receivable gross chargeoff	248	6,657
Loans receivable net chargeoff	24	(432)
Commercial and Industrial | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2024	131,646	177,864
2023	80,571	183,787
2022	139,058	84,198
2021	46,328	31,415
2020	16,185	10,050
Prior	17,346	13,066
Revolving Loans Amortized Cost Basis	367,224	242,134
Loans receivable	798,358	742,514
Commercial and Industrial | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2024		329
2021		35
Prior	87	93
Revolving Loans Amortized Cost Basis	3,927	4,848
Loans receivable	4,014	5,305
Equipment Financing Agreements
Financing Receivable, Credit Quality Indicator [Line Items]
2024	73,866	216,062
2024 - YTD gross		178
2024 - YTD net		178
2023	180,538	215,399
2023 - YTD gross	347	3,944
2023 - YTD Net	315	3,744
2022	173,847	103,567
2022 - YTD gross	2,525	3,267
2022 - YTD net	2,302	2,858
2021	77,676	24,705
2021 - YTD gross	874	386
2021- YTD net	685	244
2020	15,569	19,233
2020 - YTD gross	262	799
2020 - YTD net	219	250
Prior	9,777	3,249
Prior - Gross	112	232
Prior - Net	(142)	(114)
Loans receivable	531,273	582,215
Loans receivable gross chargeoff	4,120	8,806
Loans receivable net chargeoff	3,379	7,160
Equipment Financing Agreements | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2024	73,866	215,670
2023	179,004	211,228
2022	169,734	101,622
2021	75,420	24,340
2020	15,330	18,844
Prior	9,360	3,192
Loans receivable	522,714	574,896
Equipment Financing Agreements | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2024		392
2023	1,534	4,171
2022	4,113	1,945
2021	2,256	365
2020	239	389
Prior	417	57
Loans receivable	$ 8,559	$ 7,319

Loans - Analysis of Past Due Lo

Loans - Analysis of Past Due Loans, Including Loans on Nonaccrual Status, Disaggregated by Loan Class, Non-PCI (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Total Loans	$ 6,176,359	$ 6,182,434
Residential
Financing Receivable, Past Due [Line Items]
Total Loans	954,209	962,661
30-59 Days Past Due | Residential
Financing Receivable, Past Due [Line Items]
Past due loans receivable	824	521
60-89 Days Past Due | Residential
Financing Receivable, Past Due [Line Items]
Past due loans receivable	2,366	336
90 Days or More Past Due | Residential
Financing Receivable, Past Due [Line Items]
Past due loans receivable	812	1
Non-PCI Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	29,014	21,451
Non-PCI Loans | Residential
Financing Receivable, Past Due [Line Items]
Past due loans receivable	4,002	858
Non-PCI Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	10,374	8,959
Non-PCI Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	5,196	2,740
Non-PCI Loans | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	13,444	9,752
Non-PCI Loans | Current
Financing Receivable, Past Due [Line Items]
Total Loans	6,147,345	6,160,983
Non-PCI Loans | Current | Residential
Financing Receivable, Past Due [Line Items]
Total Loans	950,207	961,803
Real Estate
Financing Receivable, Past Due [Line Items]
Total Loans	4,842,714	4,852,400
Real Estate | Retail
Financing Receivable, Past Due [Line Items]
Total Loans	1,094,728	1,107,360
Real Estate | Hospitality
Financing Receivable, Past Due [Line Items]
Total Loans	754,600	740,519
Real Estate | Office
Financing Receivable, Past Due [Line Items]
Total Loans	572,532	574,981
Real Estate | Other
Financing Receivable, Past Due [Line Items]
Total Loans	1,360,139	1,366,534
Real Estate | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Total Loans	3,781,999	3,789,394
Real Estate | Construction
Financing Receivable, Past Due [Line Items]
Total Loans	106,506	100,345
Real Estate | Residential
Financing Receivable, Past Due [Line Items]
Total Loans	954,209	962,661
Real Estate | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable		1,745
Real Estate | 30-59 Days Past Due | Retail
Financing Receivable, Past Due [Line Items]
Past due loans receivable	833	632
Real Estate | 30-59 Days Past Due | Hospitality
Financing Receivable, Past Due [Line Items]
Past due loans receivable	(24)
Real Estate | 30-59 Days Past Due | Office
Financing Receivable, Past Due [Line Items]
Past due loans receivable	816
Real Estate | 30-59 Days Past Due | Other
Financing Receivable, Past Due [Line Items]
Past due loans receivable	350	592
Real Estate | 30-59 Days Past Due | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable		1,224
Real Estate | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable		486
Real Estate | 60-89 Days Past Due | Hospitality
Financing Receivable, Past Due [Line Items]
Past due loans receivable		150
Real Estate | 60-89 Days Past Due | Other
Financing Receivable, Past Due [Line Items]
Past due loans receivable	14
Real Estate | 60-89 Days Past Due | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable		150
Real Estate | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable		23
Real Estate | 90 Days or More Past Due | Retail
Financing Receivable, Past Due [Line Items]
Past due loans receivable	560
Real Estate | 90 Days or More Past Due | Hospitality
Financing Receivable, Past Due [Line Items]
Past due loans receivable		22
Real Estate | 90 Days or More Past Due | Other
Financing Receivable, Past Due [Line Items]
Past due loans receivable	2,950
Real Estate | 90 Days or More Past Due | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable		22
Real Estate | Current | Office
Financing Receivable, Past Due [Line Items]
Total Loans	572,532
Real Estate | Current | Other
Financing Receivable, Past Due [Line Items]
Total Loans	1,360,139
Real Estate | Non-PCI Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	9,501	2,254
Real Estate | Non-PCI Loans | Retail
Financing Receivable, Past Due [Line Items]
Past due loans receivable	1,393	632
Real Estate | Non-PCI Loans | Hospitality
Financing Receivable, Past Due [Line Items]
Past due loans receivable	(24)	172
Real Estate | Non-PCI Loans | Office
Financing Receivable, Past Due [Line Items]
Past due loans receivable	816
Real Estate | Non-PCI Loans | Other
Financing Receivable, Past Due [Line Items]
Past due loans receivable	3,314	592
Real Estate | Non-PCI Loans | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	5,499	1,396
Real Estate | Non-PCI Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	2,799
Real Estate | Non-PCI Loans | 30-59 Days Past Due | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	1,975
Real Estate | Non-PCI Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	2,380
Real Estate | Non-PCI Loans | 60-89 Days Past Due | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	14
Real Estate | Non-PCI Loans | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	4,322
Real Estate | Non-PCI Loans | 90 Days or More Past Due | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	3,510
Real Estate | Non-PCI Loans | Current
Financing Receivable, Past Due [Line Items]
Total Loans	4,833,213	4,850,146
Real Estate | Non-PCI Loans | Current | Retail
Financing Receivable, Past Due [Line Items]
Total Loans	1,093,335	1,106,728
Real Estate | Non-PCI Loans | Current | Hospitality
Financing Receivable, Past Due [Line Items]
Total Loans	754,624	740,347
Real Estate | Non-PCI Loans | Current | Office
Financing Receivable, Past Due [Line Items]
Total Loans	571,716	574,981
Real Estate | Non-PCI Loans | Current | Other
Financing Receivable, Past Due [Line Items]
Total Loans	1,356,825	1,365,942
Real Estate | Non-PCI Loans | Current | Total commercial property loans
Financing Receivable, Past Due [Line Items]
Total Loans	3,776,500	3,787,998
Real Estate | Non-PCI Loans | Current | Construction
Financing Receivable, Past Due [Line Items]
Total Loans	106,506	100,345
Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Total Loans	802,372	747,819
Commercial and Industrial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	752	76
Commercial and Industrial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	301	120
Commercial and Industrial | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	3,931	5,178
Commercial and Industrial | Non-PCI Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	4,984	5,374
Commercial and Industrial | Non-PCI Loans | Current
Financing Receivable, Past Due [Line Items]
Total Loans	797,388	742,445
Equipment Financing Agreements
Financing Receivable, Past Due [Line Items]
Total Loans	531,273	582,215
Equipment Financing Agreements | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	6,823	7,138
Equipment Financing Agreements | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	2,515	2,134
Equipment Financing Agreements | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	5,191	4,551
Equipment Financing Agreements | Non-PCI Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	14,529	13,823
Equipment Financing Agreements | Non-PCI Loans | Current
Financing Receivable, Past Due [Line Items]
Total Loans	$ 516,744	$ 568,392

Loans - Schedule of Amortized C

Loans - Schedule of Amortized Cost Basis of Loans on Nonaccrual Status and Loans Past Due 90 Days and Still Accruing (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	$ 6,625	$ 8,144
Nonaccrual Loans With Allowance for Credit Losses	12,620	7,330
Total Nonperforming Loans	19,245	15,474
Real Estate
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	5,943	2,361
Nonaccrual Loans With Allowance for Credit Losses	729	489
Total Nonperforming Loans	6,672	2,850
Real Estate | Retail
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	697	1,717
Nonaccrual Loans With Allowance for Credit Losses	525	321
Total Nonperforming Loans	1,222	2,038
Real Estate | Hospitality
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	259	338
Nonaccrual Loans With Allowance for Credit Losses		150
Total Nonperforming Loans	259	488
Real Estate | Other
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	2,949	305
Nonaccrual Loans With Allowance for Credit Losses	204	18
Total Nonperforming Loans	3,153	323
Real Estate | Total commercial property loans
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	3,905	2,360
Nonaccrual Loans With Allowance for Credit Losses	729	489
Total Nonperforming Loans	4,634	2,849
Real Estate | Construction
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	1,225
Total Nonperforming Loans	1,225
Real Estate | Residential
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	813	1
Total Nonperforming Loans	813	1
Equipment Financing Agreements
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	678	570
Nonaccrual Loans With Allowance for Credit Losses	7,881	6,749
Total Nonperforming Loans	8,559	7,319
Commercial and Industrial
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	4	5,213
Nonaccrual Loans With Allowance for Credit Losses	4,010	92
Total Nonperforming Loans	$ 4,014	$ 5,305

Loans - Non-Performing Assets (

Loans - Non-Performing Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Receivables [Abstract]
Nonaccrual loans	$ 19,245	$ 15,474
Total Nonperforming Loans	19,245	15,474
Other real estate owned ("OREO")	772	117
Total nonperforming assets	$ 20,017	$ 15,591

Loans - Schedule of Loan Modifi

Loans - Schedule of Loan Modifications (Detail) - Commercial and Industrial - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Financing Receivable, Modified [Line Items]
Amortized Cost Basis	$ 20,620	$ 20,620
% of Total Class of Loans	2.60%	2.60%
Financial Effect	1 loan with term extension of 6 years	1 loan with term extension of 6 years

Loans - Schedule of Loan Modi_2

Loans - Schedule of Loan Modifications (Parenthetical) (Detail) - Commercial and Industrial - Loan	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Financing Receivable, Modified [Line Items]
Number of loan	1	1
Term extension of loan	6 years	6 years

Servicing Assets - Summary of A

Servicing Assets - Summary of Activity in Servicing Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Transfers and Servicing [Abstract]
Balance at beginning of period	$ 6,890	$ 7,542	$ 7,070	$ 7,176
Addition related to sale of SBA loans	482	399	996	1,014
Addition related to sale of residential loans	136		136
Amortization	(672)	(589)	(1,366)	(1,223)
Change in valuation allowance				385
Balance at end of period	$ 6,836	$ 7,352	$ 6,836	$ 7,352

Servicing Assets - Additional I

Servicing Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Risks Inherent In Servicing Assets And Servicing Liabilities [Line Items]
Serviced loans sold to unaffiliated parties	$ 536,100		$ 536,100		$ 539,600
Servicing fee income	$ 1,400	$ 1,300	$ 2,700	$ 2,600
Contractually Specified Servicing Fee Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Noninterest Income, Other Operating Income	Noninterest Income, Other Operating Income	Noninterest Income, Other Operating Income	Noninterest Income, Other Operating Income
Amortization expense	$ 700	$ 600	$ 1,366	$ 1,223
Fair value of servicing rights	8,100		8,100		$ 7,700
Residential mortgage loans	$ 19,500		$ 19,500
Minimum
Risks Inherent In Servicing Assets And Servicing Liabilities [Line Items]
Discount rates ranging			10.10%		14.40%
Prepayment speeds			11.40%		12.20%
Maximum
Risks Inherent In Servicing Assets And Servicing Liabilities [Line Items]
Discount rates ranging			25.50%		24.70%
Prepayment speeds			21.40%		19.70%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Provision (benefit) for income taxes for continuing operations	$ 5,989,000	$ 8,534,000	$ 12,541,000	$ 17,807,000
Effective income tax rate	29.30%	29.30%	29.70%	29.50%
Valuation allowance	$ 1,800,000		$ 1,800,000		$ 1,900,000
Net deferred tax asset	35,900,000		$ 35,900,000		$ 35,200,000
Change in uncertain tax positions	$ 0

Goodwill and Other Intangible_2

Goodwill and Other Intangibles - Additional Information (Detail) - USD ($)			6 Months Ended
	Oct. 27, 2016	Aug. 31, 2014	Jun. 30, 2024
Finite-Lived Intangible Assets [Line Items]
Impairment of goodwill and other intangible assets			$ 0
Goodwill and other intangible assets triggering event			No triggering event occurred as of, or subsequent to June 30, 2024, that would require a reassessment of goodwill and other intangible assets.
CBI Merger
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 11,000,000
CBI Merger | Core deposit intangible
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired		$ 2,200,000

Goodwill and Other Intangible_3

Goodwill and Other Intangibles - Summary of Other Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Acquired Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	$ (2,196)	$ (2,628)
Goodwill	11,031	11,031
Gross carrying amount	13,244	13,727
Net carrying amount	$ 11,048	11,099
Core deposit intangible
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization Period	10 years
Gross carrying amount, excluding goodwill	$ 2,213	2,213
Accumulated amortization	(2,196)	(2,145)
Net carrying amount, excluding goodwill	$ 17	68
Third-party originator's intangible
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization Period	7 years
Gross carrying amount, excluding goodwill		483
Accumulated amortization		$ (483)

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Time Deposits (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Restricted Cash And Cash Equivalents Items [Line Items]
2024	$ 1,679,388	$ 2,440,339
2025	765,731	10,133
2026	5,216	3,405
2027	955	572
2028 and thereafter	309	418
Total	2,451,599	2,454,867
Time Deposits More Than $250,000
Restricted Cash And Cash Equivalents Items [Line Items]
2024	720,184	995,830
2025	282,055	3,928
2026	263	263
Total	1,002,502	1,000,021
Other Time Deposits
Restricted Cash And Cash Equivalents Items [Line Items]
2024	959,204	1,444,509
2025	483,676	6,205
2026	4,953	3,142
2027	955	572
2028 and thereafter	309	418
Total	$ 1,449,097	$ 1,454,846

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Accrued interest payable on deposits	$ 47.6	$ 39.2
Total deposits reclassified to loans due to overdrafts	$ 1.4	$ 1.6

Borrowings and Subordinated D_3

Borrowings and Subordinated Debentures - Additional Information (Detail) - USD ($)		1 Months Ended	3 Months Ended		6 Months Ended
	Aug. 20, 2021	Dec. 31, 2005	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2014
Debt Instrument [Line Items]
Overnight advances from federal home loan banks			$ 180,000,000		$ 180,000,000		$ 212,500,000
Overnight advances (percent)			5.65%		5.65%		5.70%
Advances from the FHLB			$ 112,500,000		$ 112,500,000		$ 112,500,000
Weighted average interest rate of outstanding advances (percent)			3.91%		3.91%		2.77%
Interest expense on borrowings			$ 1,896,000	$ 1,633,000	$ 3,551,000	$ 4,002,000
Pledged loans receivable, carrying value			2,410,000,000		2,410,000,000		$ 2,360,000,000
Remaining available borrowing capacity			1,220,000,000		1,220,000,000		1,090,000,000
Loans pledged with FRB			31,400,000		31,400,000		24,800,000
Borrowing capacity through Fed Discount Window			29,400,000		29,400,000		23,200,000
Subordinated debentures issued			136,800,000		136,800,000		136,800,000
Debt instrument, maturity date	Sep. 01, 2031
2031 Notes
Debt Instrument [Line Items]
Subordinated debentures issued	$ 110,000,000
Fixed interest rate	3.75%
Amortization of debt issuance costs	$ 2,100,000
Debt issuance costs, net			108,400,000		$ 108,400,000		108,300,000
Subordinated debentures | Central Bancorp, Inc
Debt Instrument [Line Items]
Subordinated debentures issued		$ 26,000,000
Debt instrument, maturity date					Mar. 15, 2036
Fixed interest rate		6.26%
Debt outstanding, net of issuance cost			21,900,000		$ 21,900,000		21,700,000
Unpaid principal balance								$ 26,800,000
Estimated fair value								18,500,000
Debt instrument discount			4,900,000		$ 4,900,000		$ 5,100,000	$ 8,300,000
Frequency of interest payment					quarterly
Term for the initial fixed interest rate					5 years
Optional interest payment deferral period (not to exceed)					5 years
Variable interest rate basis					three-month LIBOR plus 140 basis points
Amortization of subordinated debentures			$ 106,000,000	$ 104,000,000	$ 212,000,000	$ 208,000,000
Benchmark Rate | 2031 Notes
Debt Instrument [Line Items]
Basis spread	3.10%
3-month London Interbank Offered Rate (LIBOR) | Subordinated debentures | Central Bancorp, Inc
Debt Instrument [Line Items]
Fixed interest rate			7%		7%
Basis spread		1.40%
3-Month Secured Overnight Financing Rate (SOFR ) | Subordinated debentures | Central Bancorp, Inc
Debt Instrument [Line Items]
Basis spread					1.66%
3-Month Secured Overnight Financing Rate (SOFR ) | Credit Spread | Subordinated debentures | Central Bancorp, Inc
Debt Instrument [Line Items]
Basis spread					1.40%
3-Month Secured Overnight Financing Rate (SOFR ) | Adjustment to Convert 3-month LIBOR to 3-month SOFR | Subordinated debentures | Central Bancorp, Inc
Debt Instrument [Line Items]
Basis spread					0.26%

Borrowings and Subordinated D_4

Borrowings and Subordinated Debentures - Schedule of Borrowings (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Outstanding Balance
Outstanding advances	$ 292,500	$ 325,000
Weighted Average Rate
Outstanding advances (percent)	4.98%	4.69%
FHLB of San Francisco
Outstanding Balance
Open advances	$ 180,000	$ 212,500
Advances due within 12 months	50,000	37,500
Advances due over 12 months through 24 months	50,000	12,500
Advances due over 24 months through 36 months	12,500	62,500
Outstanding advances	$ 292,500	$ 325,000
Weighted Average Rate
Open advances (percent)	5.65%	5.70%
Advances due within 12 months (percent)	3.33%	0.40%
Advances due over 12 months through 24 months (percent)	4.25%	1.90%
Advances due over 24 months through 36 months (percent)	4.85%	4.37%
Outstanding advances (percent)	4.98%	4.69%

Borrowings and Subordinated D_5

Borrowings and Subordinated Debentures - Summary of Financial Data Pertaining to Federal Home Loan Bank Advances (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Federal Home Loan Banks [Abstract]
Weighted-average interest rate at end of period	4.98%	4.69%
Weighted-average interest rate during the period	4.30%	3.48%
Average balance of FHLB advances	$ 165,810,000	$ 197,390,000
Maximum amount outstanding at any month-end	$ 292,500,000	$ 450,000,000

Earnings per Share - Reconcilia

Earnings per Share - Reconciliation of Components Used to Derive Basic and Diluted EPS (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Net income	$ 14,451	$ 20,620	$ 29,615	$ 42,612
Less: income allocated to unvested restricted stock	129	128	222	268
Income allocated to common shares	$ 14,322	$ 20,492	$ 29,393	$ 42,344
Weighted-average shares for basic EPS	30,055,913	30,324,264	30,089,341	30,320,281
Basic EPS	$ 0.48	$ 0.68	$ 0.98	$ 1.4
Effect of dilutive stock options and unvested performance stock units	77,733	62,777	76,840	62,945
Income allocated to common shares	$ 14,322	$ 20,492	$ 29,393	$ 42,344
Weighted-average shares for diluted EPS	30,133,646	30,387,041	30,166,181	30,383,226
Diluted EPS	$ 0.48	$ 0.67	$ 0.97	$ 1.39

Earnings per Share - Additional

Earnings per Share - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based compensation expense			$ 1,735	$ 1,160
Performance Stock Units (PSU) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of diluted earnings per share	91,732		91,732
Performance Stock Units (PSU) [Member] | 2021 Equity Compensation Plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total fair value of the PSUs			$ 1,300	$ 1,100
Share-based compensation arrangement by share-based payment award, additional shares issued			88,598	53,696
Stock options, expiration term from date of grant			3 years
Share-based compensation arrangement by share based payment award, performance stock units outstanding	180,330	158,295	180,330	158,295
Share-based compensation arrangement by share based payment award, performance stock units aggregate grant fair value			$ 3,400	$ 3,100
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive securities excluded from calculation of diluted earnings per share	31,000	61,000	31,000	61,000

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail)	Jun. 30, 2024	Dec. 31, 2023	Jan. 01, 2019
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum ratio of qualifying total capital to risk-weighted assets	0.080
Minimum ratio of Tier 1 capital to risk-weighted assets	0.060
Leverage ratio	0.040
Minimum ratio of qualifying total capital to risk-weighted assets for well capitalized	0.100
Minimum ratio of Tier 1 capital to average assets for well capitalized	0.080
Capital conservation buffer (percent)	6.46%	6.20%	2.50%
Hanmi Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum ratio of qualifying total capital to risk-weighted assets	0.08	0.08
Minimum ratio of Tier 1 capital to risk-weighted assets	0.06	0.06
Leverage ratio	0.04	0.04
Minimum ratio of qualifying total capital to risk-weighted assets for well capitalized	0.10	0.10
Minimum ratio of Tier 1 capital to average assets for well capitalized	0.08	0.08
Capital conservation buffer (percent)	6.51%	6.27%
Depository Institutions
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage ratio	0.050

Regulatory Matters - Capital Ra

Regulatory Matters - Capital Ratios of Hanmi Financial and Bank (Detail) $ in Thousands	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum Regulatory Requirement Ratio for Total capital to risk-weighted assets	0.080
Minimum Regulatory Requirement Ratio for Tier 1 capital to risk-weighted assets	0.060
Minimum Regulatory Requirement Ratio for Tier 1 capital to average assets	0.040
Minimum to Be Categorized as Well Capitalized Ratio, Total capital to risk-weighted assets	0.100
Minimum to Be Categorized as Well Capitalized Ratio, Tier 1 capital to risk-weighted assets	0.080
Hanmi Financial
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Actual Capital, Total capital to risk-weighted assets	$ 962,585	$ 947,286
Actual Capital, Tier 1 capital to risk-weighted assets	786,761	773,179
Actual Capital, Common equity Tier 1 capital to risk-weighted assets	764,886	751,516
Actual Capital, Tier 1 capital to average assets	$ 786,761	$ 773,179
Actual Capital Ratio, Total capital to risk-weighted assets	0.1524	0.1495
Actual Capital Ratio, Tier 1 capital to risk-weighted assets	0.1246	0.122
Actual Capital Ratio, Common equity Tier 1 capital to risk-weighted assets	0.1211	0.1186
Actual Capital Ratio, Tier 1 capital to average assets	0.1051	0.1037
Minimum Regulatory Requirement Capital, Total capital to risk-weighted assets	$ 505,278	$ 506,891
Minimum Regulatory Requirement Capital, Tier 1 capital to risk-weighted assets	378,958	380,168
Minimum Regulatory Requirement Capital, Common equity Tier 1 capital to risk-weighted assets	284,219	285,126
Minimum Regulatory Requirement Capital, Tier 1 capital to average assets	$ 299,570	$ 298,277
Minimum Regulatory Requirement Ratio for Total capital to risk-weighted assets	0.08	0.08
Minimum Regulatory Requirement Ratio for Tier 1 capital to risk-weighted assets	0.06	0.06
Minimum Regulatory Requirement Ratio for Common equity Tier 1 capital to risk-weighted assets	4.50%	4.50%
Minimum Regulatory Requirement Ratio for Tier 1 capital to average assets	0.04	0.04
Hanmi Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Actual Capital, Total capital to risk-weighted assets	$ 916,437	$ 904,153
Actual Capital, Tier 1 capital to risk-weighted assets	850,613	840,046
Actual Capital, Common equity Tier 1 capital to risk-weighted assets	850,613	840,046
Actual Capital, Tier 1 capital to average assets	$ 850,613	$ 840,046
Actual Capital Ratio, Total capital to risk-weighted assets	0.1451	0.1427
Actual Capital Ratio, Tier 1 capital to risk-weighted assets	0.1347	0.1326
Actual Capital Ratio, Common equity Tier 1 capital to risk-weighted assets	0.1347	0.1326
Actual Capital Ratio, Tier 1 capital to average assets	0.1141	0.1132
Minimum Regulatory Requirement Capital, Total capital to risk-weighted assets	$ 505,135	$ 506,741
Minimum Regulatory Requirement Capital, Tier 1 capital to risk-weighted assets	378,851	380,056
Minimum Regulatory Requirement Capital, Common equity Tier 1 capital to risk-weighted assets	284,139	285,042
Minimum Regulatory Requirement Capital, Tier 1 capital to average assets	$ 298,076	$ 296,948
Minimum Regulatory Requirement Ratio for Total capital to risk-weighted assets	0.08	0.08
Minimum Regulatory Requirement Ratio for Tier 1 capital to risk-weighted assets	0.06	0.06
Minimum Regulatory Requirement Ratio for Common equity Tier 1 capital to risk-weighted assets	4.50%	4.50%
Minimum Regulatory Requirement Ratio for Tier 1 capital to average assets	0.04	0.04
Minimum to Be Categorized as Well Capitalized Capital, Total capital to risk-weighted assets	$ 631,419	$ 633,426
Minimum to Be Categorized as Well Capitalized Capital, Tier 1 capital to risk-weighted assets	505,135	506,741
Minimum to Be Categorized as Well Capitalized Capital, Common equity Tier 1 capital to risk-weighted average	410,422	411,727
Minimum to Be Categorized as Well Capitalized Capital, Tier 1 capital to average assets	$ 372,595	$ 371,185
Minimum to Be Categorized as Well Capitalized Ratio, Total capital to risk-weighted assets	0.10	0.10
Minimum to Be Categorized as Well Capitalized Ratio, Tier 1 capital to risk-weighted assets	0.08	0.08
Minimum to Be Categorized as Well Capitalized Ratio, Common equity Tier 1 capital to risk-weighted assets	6.50%	6.50%
Minimum to Be Categorized as Well Capitalized Ratio, Tier 1 capital to average assets	0.05	0.05

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	Jun. 30, 2024 USD ($)
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unpaid principal balance of Non-accrual Non-PCI loans individually evaluated for amount of impairment	$ 250,000
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unpaid principal balance of Non-accrual Non-PCI loans and leases reviewed collectively	$ 250,000

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 877,638	$ 865,739
Derivative financial instruments, Assets	$ 6,216	$ 6,245
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Derivative financial instruments, Liabilities	$ 8,570	$ 5,920
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued Liabilities and Other Liabilities	Accrued Liabilities and Other Liabilities
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 99,996	$ 85,488
Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	124,212	97,411
Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	120,602	124,625
Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	712,554	712,355
Municipal bonds-tax exempt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	65,088	67,896
Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	877,638	865,739
Recurring Basis | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	99,996	85,488
Recurring Basis | Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	6,216	6,245
Derivative financial instruments, Liabilities	8,570	5,920
Recurring Basis | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	124,212	97,411
Recurring Basis | Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	120,602	124,625
Recurring Basis | Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	712,554	712,355
Recurring Basis | Municipal bonds-tax exempt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	65,088	67,896
Recurring Basis | Mortgage-backed securities - commercial | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	52,872	47,991
Recurring Basis | Mortgage-backed securities - residential | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	414,868	442,328
Recurring Basis | Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	99,996	85,488
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	99,996	85,488
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	0	0
Derivative financial instruments, Liabilities	0	0
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | Municipal bonds-tax exempt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | Mortgage-backed securities - commercial | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Quoted Prices in Active Markets for Identical Assets | Mortgage-backed securities - residential | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	777,642	780,251
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	6,216	6,245
Derivative financial instruments, Liabilities	8,570	5,920
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	124,212	97,411
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	120,602	124,625
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	712,554	712,355
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | Municipal bonds-tax exempt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	65,088	67,896
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | Mortgage-backed securities - commercial | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	52,872	47,991
Recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics | Mortgage-backed securities - residential | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	414,868	442,328
Recurring Basis | Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Unobservable Inputs | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Unobservable Inputs | Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	0	0
Derivative financial instruments, Liabilities	0	0
Recurring Basis | Significant Unobservable Inputs | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Unobservable Inputs | Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Unobservable Inputs | Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Unobservable Inputs | Municipal bonds-tax exempt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Unobservable Inputs | Mortgage-backed securities - commercial | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis | Significant Unobservable Inputs | Mortgage-backed securities - residential | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2024		Mar. 31, 2024	Dec. 31, 2023		Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing assets	$ 6,836		$ 6,890	$ 7,070		$ 7,352	$ 7,542	$ 7,176
Non-recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	7,795	[1]		7,352	[2]
Other real estate owned	772			117
Repossessed personal property	1,245			1,305
Non-recurring Basis | Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	0	[1]		0	[2]
Other real estate owned	0			0
Repossessed personal property	0			0
Non-recurring Basis | Significant Observable Inputs with No Active Market with Identical Characteristics
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	0	[1]		0	[2]
Other real estate owned	0			0
Repossessed personal property	0			0
Non-recurring Basis | Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	7,795	[1]		7,352	[2]
Other real estate owned	772			117
Repossessed personal property	$ 1,245			$ 1,305
[1] Consisted of real estate loans of $ 2.2 million and commercial and industrial loans of $ 5.2 million. Consisted of real estate loans of $ 5.8 million and commercial and industrial loans of $ 2.0 million.

Fair Value Measurements - Ass_3

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable	$ 6,108,630	$ 6,112,972
Non-recurring Basis | Real estate loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable	5,800	2,200
Non-recurring Basis | Commercial and Industrial Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable	$ 2,000	$ 5,200

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information about Level 3 Fair Value Assumptions for Assets Measured at Fair Value on Non-Recurring Basis (Detail) - Significant Unobservable Inputs - Non-recurring Basis $ in Thousands	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 7,795	$ 7,352
Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5,832	2,174
Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 1,963	$ 5,178
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Minimum | Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		(0.020)
Maximum | Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		0.055
Weighted Average | Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		(0.002)
Retail | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 561	$ 1,530
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Retail | Minimum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.045)	0.005
Retail | Maximum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.030	0.020
Retail | Weighted Average | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.015)	0.015
Hospitality | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 283	$ 338
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Hospitality | Minimum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.030)	(0.030)
Hospitality | Maximum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.035	0.035
Hospitality | Weighted Average | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.003)	(0.001)
Other | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 2,950	$ 305
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other | Minimum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.011)	(0.006)
Other | Maximum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.021	0.001
Other | Weighted Average | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.002	(0.002)
Construction | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 1,225
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember
Construction | Minimum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.005
Construction | Maximum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.020
Construction | Weighted Average | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.015
Residential | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 813	$ 1
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Residential | Minimum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.013)	(0.015)
Residential | Maximum | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.005	0.003
Residential | Weighted Average | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.001)	(0.006)
Repossessed Personal Property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 1,245	$ 1,305
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 772	$ 117
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other Real Estate Owned | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.035)	(0.010)
Other Real Estate Owned | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.005	0.005
Other Real Estate Owned | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.012)	(0.002)

Fair Value Measurements - Estim

Fair Value Measurements - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financial assets:
Cash and due from banks	$ 313,079	$ 302,324
Securities available for sale	877,638	865,739
Loans held for sale	10,467	12,013
Loans receivable, net of allowance for credit losses	6,108,630	6,112,972
Accrued interest receivable	23,958	23,371
Derivative financial instruments, Assets	6,216	6,245
Financial liabilities:
Noninterest-bearing deposits	1,959,963	2,003,596
Interest-bearing deposits	4,369,377	4,276,978
Borrowings and subordinated debentures	422,818	455,012
Accrued interest payable	47,699	39,306
Derivative financial instruments, Liabilities	8,570	5,920
Quoted Prices in Active Markets for Identical Assets | Fair Value
Financial assets:
Cash and due from banks	313,079	302,324
Securities available for sale	99,996	85,488
Loans held for sale	0	0
Loans receivable, net of allowance for credit losses	0	0
Accrued interest receivable	23,958	23,371
Financial liabilities:
Noninterest-bearing deposits	0	0
Interest-bearing deposits	0	0
Borrowings and subordinated debentures	0	0
Accrued interest payable	47,699	39,306
Significant Observable Inputs with No Active Market with Identical Characteristics | Fair Value
Financial assets:
Cash and due from banks	0	0
Securities available for sale	777,642	780,251
Loans held for sale	10,639	12,238
Loans receivable, net of allowance for credit losses	0	0
Accrued interest receivable	0	0
Derivative financial instruments, Assets	6,216	6,245
Financial liabilities:
Noninterest-bearing deposits	1,959,963	2,003,596
Interest-bearing deposits	0	0
Borrowings and subordinated debentures	291,145	323,491
Accrued interest payable	0	0
Derivative financial instruments, Liabilities	8,570	5,920
Significant Unobservable Inputs | Fair Value
Financial assets:
Cash and due from banks	0	0
Securities available for sale	0	0
Loans held for sale	0	0
Loans receivable, net of allowance for credit losses	6,023,684	6,007,975
Accrued interest receivable	0	0
Financial liabilities:
Noninterest-bearing deposits	0	0
Interest-bearing deposits	4,364,613	4,271,711
Borrowings and subordinated debentures	133,245	128,229
Accrued interest payable	$ 0	$ 0

Off-Balance Sheet Commitments -

Off-Balance Sheet Commitments - Additional Information (Detail) $ in Millions	Jun. 30, 2024 USD ($)
Loss Contingency [Abstract]
Letters of credit to FHLBSF	$ 120
Deposits from State of California	$ 120

Off-Balance Sheet Commitments_2

Off-Balance Sheet Commitments - Distribution of Total Loan Commitments (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Loss Contingencies [Line Items]
Total commitments	$ 906,383	$ 930,825
Unused Commitments to Extend Credit
Loss Contingencies [Line Items]
Total commitments	795,391	813,960
Standby letters of credit
Loss Contingencies [Line Items]
Total commitments	87,186	83,725
Commercial letters of credit
Loss Contingencies [Line Items]
Total commitments	$ 23,806	$ 33,140

Off-Balance Sheet Commitments_3

Off-Balance Sheet Commitments - Allowance for Credit Losses Related to Off-Balance Sheet Items (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Risks and Uncertainties [Abstract]
Balance at beginning of period	$ 2,297	$ 3,066	$ 2,474	$ 3,114
Credit loss recovery	(287)	(591)	(464)	(639)
Balance at end of period	$ 2,010	$ 2,475	$ 2,010	$ 2,475

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Lessee, Lease, Description [Line Items]
Right-of-use assets	$ 38,000		$ 38,000		$ 42,400
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid expenses and other assets		Prepaid expenses and other assets		Prepaid expenses and other assets
Total lease liabilities - Operating leases	$ 42,334		$ 42,334		$ 46,400
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent		us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent		us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Weighted average remaining lease term	6 years 6 months 29 days		6 years 6 months 29 days		6 years 9 months 25 days
Weighted average discount rate (percent)	3.21%		3.21%		2.98%
Net lease expense	$ 2,500	$ 2,200	$ 4,700	$ 4,200
Operating lease costs	2,400	2,100	4,600	4,200
Cash paid for amounts included in the measurement of Company's operating lease liabilities	$ 2,000	$ 2,100	$ 4,200	$ 4,100

Leases - Future Minimum Rental

Leases - Future Minimum Rental Commitments Under Non-cancelable Operating Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Leases [Abstract]
2024	$ 8,448
2025	7,327
2026	6,599
2027	6,559
2028	5,566
Thereafter	12,627
Remaining lease commitments	47,126
Interest	(4,792)
Present value of lease liability	$ 42,334	$ 46,400

Liquidity - Additional Informat

Liquidity - Additional Information (Detail) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Line of Credit Facility [Line Items]
Amount available from borrowing source	$ 29,400,000	$ 23,200,000
Borrowings	0	0
Line of credit	115,000,000	115,000,000
State of California time deposits	2,451,599,000	2,454,867,000
Hanmi Bank
Line of Credit Facility [Line Items]
Cash on deposit with bank subsidiary	7,500,000	7,500,000
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances	292,500,000	325,000,000
Broker deposits	$ 28,200,000	58,300,000
Percentage of borrowings from FHLB (up to)	30%
Total borrowing capacity based on pledged collateral	$ 1,630,000,000	1,540,000,000
Borrowing capacity available based on pledged collateral	1,220,000,000	1,090,000,000
Amount available from borrowing source	29,400,000
Carrying value for loans pledged by Bank	38,400,000
Borrowings	0
Maximum borrowing capacity of line of credit	100,000,000
State of California time deposits	120,000,000	120,000,000
U.S. Treasury securities | Hanmi Bank
Line of Credit Facility [Line Items]
Debt securities fair value	$ 35,500,000	$ 32,400,000

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Derivative [Line Items]
Derivative liability, including accrued interest			$ 0		$ 0
Derivative fair value of liabilities	$ 8,570,000		8,570,000		5,920,000
Derivative fair value of assets	6,216,000		6,216,000		6,245,000
Designated as Hedging Instrument | Interest Rate Swap | Cash Flow Hedging
Derivative [Line Items]
Notional Amount		$ 75,000,000			$ 100,000,000
Designated as Hedging Instrument | Interest Rate Swap | Cash Flow Hedging | Prime-indexed loans
Derivative [Line Items]
Principal balance	142,700,000		142,700,000
Designated as Hedging Instrument | Interest Rate Swap | Cash Flow Hedging | SOFR
Derivative [Line Items]
Principal balance	103,200,000		103,200,000
Variable interest rate basis		one-month SOFR
Other Income
Derivative [Line Items]
Fee income	$ 0		0	$ 600,000
Interest Income | Cash Flow Hedging
Derivative [Line Items]
Decrease to interest income			$ (1,900,000)

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities - Schedule of Fair Value of Derivative Financial Instruments as well as their Classification on Balance Sheet (Detail) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Derivatives Fair Value [Line Items]
Total derivative assets	$ 6,216,000	$ 6,245,000
Not Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Total derivative assets	6,216,000	5,939,000
Total derivative liabilities	6,171,000	5,920,000
Not Designated as Hedging Instrument | Interest Rate Products
Derivatives Fair Value [Line Items]
Notional Amount	103,246,000	104,571,000
Total derivative assets	6,216,000	5,939,000
Total derivative liabilities	6,171,000	5,920,000
Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Total derivative assets		306,000
Total derivative liabilities	2,399,000
Designated as Hedging Instrument | Interest Rate Products
Derivatives Fair Value [Line Items]
Notional Amount	175,000,000	100,000,000
Total derivative assets		$ 306,000
Total derivative liabilities	$ 2,399,000

Derivatives and Hedging Activ_5

Derivatives and Hedging Activities - Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income and the Consolidated Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivative	$ (746)	$ (2,953)
Amount of Gain or (Loss) Recognized in OCI Included Component	(746)	(2,953)
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income	(460)	(460)
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component	(460)	(460)
Interest Rate Products
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivative	(746)	(2,953)
Amount of Gain or (Loss) Recognized in OCI Included Component	(746)	(2,953)
Interest Rate Products | Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income	(460)	(460)
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component	$ (460)	$ (460)

Derivatives and Hedging Activ_6

Derivatives and Hedging Activities - Effect of Cash Flow Hedge Accounting on Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income	$ (460)	$ (460)
Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income - included component	(460)	(460)
Interest Contracts | Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income	(460)	(460)
Amount of gain or (loss) reclassified from accumulated other comprehensive loss into income - included component	$ (460)	$ (460)

Derivatives and Hedging Activ_7

Derivatives and Hedging Activities - Effect of Derivative Financial Instruments that are Not Designated as Hedging Instruments on Income Statement (Detail) - Not Designated as Hedging Instrument - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments Gain Loss [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	$ 3	$ 43	$ 26	$ (85)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Noninterest Income, Other Operating Income	Noninterest Income, Other Operating Income	Noninterest Income, Other Operating Income	Noninterest Income, Other Operating Income
Interest Rate Products
Derivative Instruments Gain Loss [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	$ 3	$ 43	$ 26	$ (85)

Derivatives and Hedging Activ_8

Derivatives and Hedging Activities - Summary of Gross Presentation, Effects of Offsetting and a Net Presentation of Derivatives (Detail) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivatives Fair Value [Line Items]
Gross Amounts of Recognized Assets, Offsetting of Derivative Assets	$ 6,216	$ 6,245
Net Amounts of Assets presented in the Consolidated Balance Sheets, Offsetting of Derivative Assets	6,216	6,245
Gross Amounts Not Offset in the Consolidated Balance Sheets, Derivative Assets, Net Amount		230
Gross Amounts of Recognized Liabilities, Offsetting of Derivative Liabilities	8,570	5,920
Net Amounts of Liabilities presented in the Consolidated Balance Sheets, Offsetting of Derivative Liabilities	8,570	5,920
Gross Amounts Not Offset in the Consolidated Balance Sheets, Derivative Liabilities, Net Amount	6,171	5,636
Derivative Liabilities, Financial Instruments
Derivatives Fair Value [Line Items]
Gross Amounts Not Offset in the Consolidated Balance Sheets, Derivative Liabilities, Net Amount	2,399	284
Derivative Assets, Financial Instruments
Derivatives Fair Value [Line Items]
Gross Amounts Not Offset in the Consolidated Balance Sheets, Derivative Assets, Net Amount	2,399	284
Derivative Assets, Cash Collateral Received
Derivatives Fair Value [Line Items]
Gross Amounts Not Offset in the Consolidated Balance Sheets, Derivative Assets, Net Amount	$ 3,817	$ 5,731

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - Subsequent Events	Jul. 25, 2024 $ / shares
Subsequent Event [Line Items]
Dividend declared date	Jul. 25, 2024
Cash dividend per share	$ 0.25
Dividend payable date	Aug. 21, 2024
Dividend payable record date	Aug. 05, 2024