Wilshire Bancorp (WIBC) 10-Q 2 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 25, 2016
Document and Entity Information
Entity Registrant Name	WILSHIRE BANCORP INC
Entity Central Index Key	1,285,224
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		78,857,248
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS:
Cash and due from banks	$ 115,444	$ 118,089
Federal funds sold and other cash equivalents	133	104
Cash and cash equivalents	115,577	118,193
Securities available-for-sale, at fair value (amortized cost of $503 million and $533 million at March 31, 2016 and December 31, 2015, respectively)	512,257	535,524
Securities held-to-maturity, at amortized cost (fair value of $20 thousand and $22 thousand at March 31, 2016 and December 31, 2015, respectively)	19	21
Loans receivable (net of allowance for loan losses of $53 million and $52 million at March 31, 2016 and December 31, 2015, respectively)	3,742,268	3,767,299
Loans held-for-sale, at the lower of cost or market	90,392	25,223
Federal Home Loan Bank ("FHLB") stock, at cost	16,539	16,539
Other real estate owned ("OREO")	10,128	9,179
Due from customers on acceptances	8,900	7,250
Cash surrender value of bank owned life insurance ("BOLI")	25,174	25,028
Investments in affordable housing partnerships	47,257	48,867
Bank premises and equipment	15,718	16,096
Accrued interest receivable	9,171	9,226
Deferred income taxes	17,897	21,489
Servicing assets	19,324	19,894
Goodwill	67,473	67,473
Core deposits intangibles	2,985	3,185
Other assets	19,322	22,982
TOTAL	4,720,401	4,713,468
Deposits:
Non-interest bearing	1,106,805	1,088,436
Interest bearing:
Savings	135,723	133,872
Money market and NOW accounts	1,031,567	1,015,863
Time deposits of $100,000 or more	1,336,311	1,349,440
Other time deposits	243,166	252,265
Total deposits	3,853,572	3,839,876
FHLB advances	200,000	220,000
Junior subordinated debentures	72,077	72,016
Commitments to fund affordable housing partnerships investments	15,189	15,730
Accrued interest payable	2,400	2,105
Bank acceptances outstanding	8,900	7,250
Other liabilities	22,015	23,561
Total liabilities	$ 4,174,153	$ 4,180,538
SHAREHOLDERS' EQUITY:
Preferred stock, $1,000 par value - authorized, 5,000,000 shares; issued and outstanding 0 shares at March 31, 2016 and December 31, 2015
Common stock, no par value-authorized, 200,000,000 shares; issued and outstanding 78,845,873 and 78,608,717 shares at March 31, 2016 and December 31, 2015. respectively	$ 234,386	$ 233,341
Accumulated other comprehensive income ("AOCI"), net of tax	7,099	3,286
Retained earnings	304,763	296,303
Total shareholders' equity	546,248	532,930
TOTAL	$ 4,720,401	$ 4,713,468

CONSOLIDATED STATEMENTS OF FIN3

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
Securities available-for-sale, at fair value, amortized cost (in dollars)	$ 503,000	$ 533,000
Securities held-to-maturity, at amortized cost, fair value (in dollars)	20	22
Allowance for loan losses	$ 52,668	$ 52,405
Preferred stock, par value (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, authorized shares	5,000,000	5,000,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized shares	200,000,000	200,000,000
Common stock, issued shares	78,845,873	78,608,717
Common stock, outstanding shares	78,845,873	78,608,717

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
INTEREST INCOME:
Interest and fees on loans	$ 43,665	$ 40,088
Interest on investment securities	2,460	1,968
Interest on federal funds sold and other earning assets	124	192
Total interest income	46,249	42,248
INTEREST EXPENSE:
Interest on deposits	5,932	5,097
Interest on FHLB advances and other borrowings	905	232
Interest on junior subordinated debentures	503	428
Total interest expense	7,340	5,757
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES AND LOAN COMMITMENTS	38,909	36,491
PROVISION FOR LOAN LOSSES AND LOAN COMMITMENTS	300
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES AND LOAN COMMITMENTS	38,609	36,491
NON-INTEREST INCOME:
Service charges on deposit accounts	2,851	3,107
Gain on sale of SBA loans	1,297	2,245
Gain on sale of residential loans	830	261
Gain on sale of other loans	545	4,300
Loan-related servicing fees	1,129	3,148
Net change in fair value of derivatives	27	495
Other income	1,779	1,711
Total non-interest income	8,458	15,267
NON-INTEREST EXPENSE:
Salaries and employee benefits	14,783	12,665
Occupancy and equipment	3,276	3,373
Regulatory assessment fee	603	599
Loss on investments in affordable housing partnerships	1,257	943
Data processing	1,204	1,042
Professional fees	732	775
Amortization of core deposit intangibles	200	243
Merger related costs	458
Other operating expense	4,140	3,269
Total non-interest expense	26,653	22,909
INCOME BEFORE INCOME TAXES	20,414	28,849
INCOME TAX PROVISION	7,224	10,230
NET INCOME	$ 13,190	$ 18,619
EARNINGS PER COMMON SHARE INFORMATION:
Basic (in dollars per share)	$ 0.17	$ 0.24
Diluted (in dollars per share)	$ 0.17	$ 0.24
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	78,674,604	78,326,505
Diluted (in shares)	78,974,448	78,655,365

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
NET INCOME	$ 13,190	$ 18,619
UNREALIZED GAIN ON AVAILABLE-FOR-SALE ("AFS") SECURITIES:
Unrealized gain arising during the period	6,577	2,148
Less income tax expense	2,767	903
Net change in net unrealized gain on AFS securities	3,810	1,245
UNREALIZED (LOSS) GAIN ON INTEREST-ONLY STRIP:
Net unrealized (loss) gain arising during the period	(17)	2
Less income tax (benefit) expense	(7)	1
Net unrealized (loss) gain on interest-only strips	(10)	1
BOLI UNRECOGNIZED PRIOR SERVICE COST:
BOLI unrecognized prior service cost	13	13
Net changes to BOLI unrecognized prior service cost	13	13
TOTAL OTHER COMPREHENSIVE INCOME	3,813	1,259
TOTAL COMPREHENSIVE INCOME	$ 17,003	$ 19,878

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Accumulated Other Comprehensive Income	Retained Earnings	Total
BALANCE at Dec. 31, 2014	$ 232,001	$ 4,453	$ 252,957	$ 489,411
BALANCE (in shares) at Dec. 31, 2014	78,322,462
Increase (Decrease) in Shareholders' Equity
Stock options exercised	$ 45			45
Stock options exercised (in shares)	6,996
Cash dividend declared or accrued:
Common stock ($0.05 per share for 2015 and $0.06 per share for 2016)			(3,915)	(3,915)
Stock dividend declared or accrued			(1)	(1)
Share-based compensation expense	$ 161			161
Comprehensive income:
Net income			18,619	18,619
Other comprehensive income		1,259		1,259
BALANCE at Mar. 31, 2015	$ 232,207	5,712	267,660	505,579
BALANCE (in shares) at Mar. 31, 2015	78,329,458
BALANCE at Dec. 31, 2015	$ 233,341	3,286	296,303	532,930
BALANCE (in shares) at Dec. 31, 2015	78,608,717
Increase (Decrease) in Shareholders' Equity
Stock options exercised	$ 469			469
Stock options exercised (in shares)	87,000
Restricted stock granted & forfeited (in shares)	150,156
Cash dividend declared or accrued:
Common stock ($0.05 per share for 2015 and $0.06 per share for 2016)			(4,717)	(4,717)
Stock dividend declared or accrued			(13)	(13)
Share-based compensation expense	$ 566			566
Tax benefit from stock options exercised	10			10
Comprehensive income:
Net income			13,190	13,190
Other comprehensive income		3,813		3,813
BALANCE at Mar. 31, 2016	$ 234,386	$ 7,099	$ 304,763	$ 546,248
BALANCE (in shares) at Mar. 31, 2016	78,845,873

CONSOLIDATED STATEMENTS OF SHA7

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
Common stock cash dividend declared or accrued (in dollars per share)	$ 0.06	$ 0.05

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 13,190	$ 18,619
Adjustments to reconcile net income to net cash (used) provided by operating activities:
Amortization of investment securities	1,208	384
Depreciation of bank premises and equipment	930	1,047
Accretion of discount on acquired loans	(1,572)	(2,062)
Amortization and accretion of liabilities acquired from acquisitions	101	18
Amortization of core deposits intangibles	200	243
Provision for loan losses and loan commitments	300
Provision for losses on OREO		159
Deferred tax expense	1,485	4,733
Loss on disposition of bank premises and equipment		14
Net realized gain on sale of SBA loans	(1,297)	(2,245)
Net realized gain on sale of residential loans	(830)	(261)
Net realized gain on sale of other loans	(545)	(4,300)
Origination of SBA loans held-for-sale	(20,985)	(20,568)
Origination of residential loans held-for-sale	(112,350)	(19,502)
Proceeds from sale of SBA loans held-for-sale	16,209	26,274
Proceeds from sale of residential loans held-for-sale	54,827	17,881
Net change in unrealized appreciation on servicing assets	794	(952)
Disposition of servicing rights	392	106
Share-based compensation expense	566	161
Net change in cash surrender value of life insurance	(146)	398
Servicing assets capitalized	(615)	(933)
Net change in accrued interest receivable	55	211
Loss on investments in affordable housing partnerships	1,257	943
Net change in fair value of derivatives	(27)	(495)
Net change in other assets	3,638	279
FHLB stock cash dividend	344	306
Net change in accrued interest payable	295	178
Net change in other liabilities	(1,834)	10,115
Net cash (used) provided by operating activities	(44,410)	30,751
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from principal repayment of securities held-to-maturity	2	1
Proceeds from principal repayment of securities available-for-sale	28,634	60,789
Net change in loans receivable	24,356	(203,905)
Payment of FDIC loss-share indemnification	(549)	(1,657)
Proceeds from sale of other loans held-for-sale	545	5,291
Proceeds from sale of OREO		35
Purchases of investments in affordable housing partnerships	(188)	(587)
Purchases of bank premises and equipment	(473)	(568)
Purchases of bank owned life insurance		(538)
Net cash provided (used) by investing activities	52,327	(141,139)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from stock options exercised	469	45
Tax benefit from exercise of stock options	10
Payment of cash dividend on common stock	(4,708)	(3,915)
Repayment of FHLB advances	(20,000)
Net change in deposits	13,696	233,907
Net cash (used) provided by financing activities	(10,533)	230,037
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(2,616)	119,649
CASH AND CASH EQUIVALENTS-BEGINNING OF PERIOD	118,193	233,953
CASH AND CASH EQUIVALENTS-END OF PERIOD	115,577	353,602
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid	7,045	5,578
Income taxes paid	3,325	394
Income tax refunds received	1,041
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Real estate acquired through foreclosures	950
Loans transferred to held-for-sale from loans receivable	797	991
Loans transferred to loans receivable from held-for-sale	54
Other assets transferred to bank premises and equipment	79	670
Common stock cash dividend declared, but not paid	$ 4,735	$ 3,918

Business of Wilshire Bancorp, I

Business of Wilshire Bancorp, Inc.	3 Months Ended
	Mar. 31, 2016
Business of Wilshire Bancorp, Inc.
Business of Wilshire Bancorp, Inc.	Note 1. Business of Wilshire Bancorp, Inc. Wilshire Bancorp, Inc. (hereafter , “the Company,” “we,” “us,” or “our”) is a bank holding company under the Bank Holding Company Act of 1956, as amended, offering a broad range of financial products and services primarily through our main subsidiary, Wilshire Bank, a California state-chartered commercial bank, which we sometimes refer to in this report as “the Bank.” Our corporate headquarters and primary banking facilities are located at 3200 Wilshire Boulevard, Los Angeles, California 90010. The Bank has 35 full-service branch offices in Southern California, Texas, Alabama, Georgia, New Jersey, and the greater New York City metropolitan area. We also have five loan production offices, or “LPOs”, three are utilized primarily for the origination of loans under our Small Business Administration, or “SBA”, lending program and located in Colorado, Georgia, and Washington, and two that are utilized for the origination of residential mortgage loans and located in California.

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Basis of Presentation
Basis of Presentation	Note 2. Basis of Presentation The unaudited consolidated financial statements of the Company have been prepared in accordance with the Securities and Exchange Commission (“SEC”) rules and regulations for interim financial reporting and therefore do not necessarily include all information and footnote disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) . The information provided by these interim financial statements reflects all adjustments which are, in the opinion of management, necessary for a fair presentation of the Company’s consolidated statements of financial condition as of March 31, 2016 and December 31, 2015, consolidated statements of income and consolidated statements of comprehensive income for the three months ended March 31, 2016 and March 31, 2015, and consolidated statements of shareholders’ equity and consolidated statements of cash flows for the three months ended March 31, 2016 and March 31, 2015. Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year. The unaudited financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. The accounting policies used in the preparation of these interim financial statements were consistent with those used in the preparation of the financial statements for the year ended December 31, 2015.

Mergers and Acquisitions

Mergers and Acquisitions	3 Months Ended
	Mar. 31, 2016
Mergers and Acquisitions
Mergers and Acquisitions	Note 3. Mergers and Acquisitions Proposed Merger with BBCN Bancorp Inc. On December 7, 2015, the Company entered into an Agreement and Plan of Merger (“Merger Agreement”) with BBCN Bancorp Inc. (“BBCN”). Subject to the terms and conditions of the Merger Agreement, which was approved by the board of directors of both the Company and BBCN, the Company will merge with and into BBCN, with BBCN being the surviving corporation. Concurrently with, or as soon as reasonably practicable after the consummation of the Merger, the Bank will merge with and into BBCN Bank, a California state-chartered bank and a wholly owned subsidiary of BBCN, with BBCN Bank being the surviving bank, pursuant to a separate merger agreement between the Bank and BBCN Bank. The combined company will operate under a new name that will be determined prior to the closing. The consummation of the merger is subject to customary conditions, including receipt of regulatory approvals, receipt of the requisite approval of the shareholders of the Company and BBCN, the absence of any law or order prohibiting the closing, and effectiveness of the registration statement to be filed by BBCN with respect to the stock to be issued in the merger. In addition, each party’s obligation to consummate the merger is subject to certain other conditions, including the accuracy of the representations and warranties of the other party and compliance of the other party with its covenants, in each case subject to certain materiality standards. The merger is expected to close in the second half of 2016. During the first quarter of 2016, the Company recorded $458,000 in merger related costs mainly consisting of legal and consulting fees related to merger. For more information on the merger, please see the preliminary Registration Statement on Form S-4 filed by BBCN that includes a Joint Proxy Statement/Prospectus of Wilshire and BBCN, as well as other relevant documents concerning the proposed transaction. Acquisition of Bank of Manhattan’s Mortgage Lending Division During the first quarter of 2015, the Bank purchased certain assets and partially assumed the operations of Bank of Manhattan’s Mortgage Lending Division (“Mortgage Division”). The Mortgage Division was first formed in 2010 and offers conforming, super-conforming, jumbo residential, and other residential mortgage products. The Bank acquired certain assets and liabilities of the Mortgage Division and hired approximately 30 employees consisting of loan managers, loan officers, and operations personnel. In connection with the acquisition, the Bank entered into a sublease agreement with Bank of Manhattan to operate from one of the Mortgage Division’s locations in Southern California. The Mortgage Division has been integrated into the Bank’s existing Mortgage Department, substantially increasing the Bank’s mortgage lending origination platform. The acquisition was accounted for in accordance with ASC 805 “Business Combinations,” using the acquisition method of accounting and was recorded at estimated fair value on the date of the transaction. The transaction resulted in only the acquisition of fixed assets related to the three locations acquired by the Bank. There were no loans or loan commitments acquired in the transaction. The total purchase price paid to Bank of Manhattan for the transaction was $20,000.

Fair Value Measurement for Fina

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities	3 Months Ended
	Mar. 31, 2016
Fair Value Measurement for Financial and Non-Financial Assets and Liabilities
Fair Value Measurement for Financial and Non-Financial Assets and Liabilities	Note 4. Fair Value Measurement for Financial and Non-Financial Assets and Liabilities Fair value is the exchange price that would be received for an asset or paid to transfer a liability (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. There are three levels of inputs that may be used to measure fair value. The fair value inputs of the instruments are classified and disclosed in one of the following categories pursuant to ASC 820: Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. The quoted price shall not be adjusted for any blockage factor (i.e., size of the position relative to trading volume). Level 2 — Pricing inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Fair value is determined through the use of models or other valuation methodologies, including the use of pricing matrices. If the asset or liability has a specified (contractual) term, a Level 2 input must be observable for substantially the full term of the asset or liability. Level 3 — Pricing inputs are unobservable for the asset or liability. Unobservable inputs are used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at the measurement date. The inputs into the determination of fair value require significant management judgment or estimation. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Our assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The Company uses the following methods and assumptions in estimating our fair value disclosures for financial instruments. Financial assets and liabilities recorded at fair value on a recurring and non-recurring basis are listed as follows: Cash and cash equivalents — The carrying value of our cash and cash equivalents is approximately equal to the fair value resulting in a Level 1 classification. Federal funds sold — The carrying value of federal funds sold is approximately equal to the fair value resulting in a Level 1 classification. Investment securities — Investments securities are recorded at fair value pursuant to ASC 320-10 “Investments - Debt and Equity Securities.” Fair value measurements are based upon quoted prices for similar assets, if available (Level 1). If quoted prices are not available, fair values are measured using matrix pricing models, or other model-based valuation techniques requiring observable inputs such as yield curves, prepayment speeds, and default rates (Level 2). Our existing investment security holdings as of March 31, 2016 are measured using matrix pricing models in lieu of direct price quotes and are recorded based on recurring Level 2 measurement inputs. Level 3 measurement inputs are not utilized to measure the fair value for any of our investment securities. Loans — The fair value of variable rate loans that have no significant changes in credit risk are based on the carrying value of the loans. The fair values of other loans are estimated by discounting the future cash flows using current rates at which similar loans would be made to borrowers with similar risk characteristics. The aforementioned fair valuation technique results in a Level 3 classification. See below for loans held-for-sale and impaired loans. Loans held-for-sale (excluding impaired loans held-for-sale) — SBA loans and mortgage loans that are held-for-sale are reported at the lower of cost or fair value. Fair value is determined based on quotes, bids, or indications directly from potential purchasing parties. We record SBA and mortgage loans held-for-sale as non-recurring Level 2 measurement inputs. Impaired loans — At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans that are carried at fair value generally have had a charge-off through the allowance for loan losses or a specific valuation allowance. The fair value of impaired loans that are not collateral dependent are measured based on the present value of estimated cash flows. For collateral dependent loans, the fair value is commonly based on recent real estate appraisals of the underlying collateral. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process to adjust for differences between the comparable sales and income data available. Such adjustments may be significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may also be valued using an appraisal, net book value per the borrower’s financial statements or aging reports, adjusted or discounted based on management’s historical knowledge, based on changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and are adjustments are recorded accordingly. Indications of value for both collateral-dependent impaired loans and other real estate owned are obtained from third party providers or estimated internally by the Company’s internal Appraisal Department. All indications of value are reviewed for reasonableness by a member of the Appraisal Department who reviews the assumptions and approaches utilized in the appraisal. The resulting fair value is then compared with independent data sources such as recent market data or industry-wide statistics. The Company classifies impaired loans as non-recurring with Level 3 measurement inputs. Impaired loans held-for-sale — Impaired loans that are held-for-sale are reported at the lower of cost or fair value. The fair values for these loans are determined based on quotes, bids, or indications directly from potential purchasing parties . Any subsequent decline in the fair value for impaired loan held-for-sale is recorded as a held-for-sale valuation allowance. The Company classifies impaired loans held-for-sale as non-recurring with Level 3 measurement inputs. Other real estate owned (“OREO”) — OREO are measured at fair value less estimated costs to sell when acquired, establishing a new cost basis. Fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process to adjust for differences between the comparable sales and income data available. The Company records OREO as non-recurring with Level 3 measurement inputs. Servicing assets — SBA and residential real estate loan servicing assets represents the value associated with servicing SBA and residential real estate loans that have been sold. The fair value for servicing assets is determined through discounted cash flow analysis and utilizes discount rates, prepayment speeds, and delinquency rate assumptions as inputs. All of these assumptions require a significant degree of management estimation and judgment. The fair market valuation for servicing assets is performed on a quarterly basis. The Company classifies loan servicing assets as recurring with Level 3 measurement inputs. FHLB stock — It is not practical to determine the fair value of FHLB stock due to the restrictions placed on the stock’s transferability. Accrued interest receivable — The carrying amount of accrued interest receivable approximates its fair value due to the short-term nature of this asset resulting in a Level 2 or Level 3 classification which is consistent with its underlying asset. Due from customers on acceptances and acceptances outstanding — The carrying value of due from customers on acceptances and acceptances outstanding are approximately equal to the fair value resulting in a Level 1 classification. Mortgage banking derivatives — Mortgage banking derivative instruments consist of interest rate lock commitments and forward sale contracts that trade in liquid markets. The fair value is based on the prices available from third party investors. Due to the observable nature of the inputs used in deriving the fair value, the valuation of mortgage banking derivatives are classified as Level 2. Non-interest bearings deposits — The carrying value of our non-interest bearings deposits is approximately equal to the fair value resulting in a Level 1 classification. Interest bearings deposits — The fair value of money market and savings accounts is estimated to be the amount that is payable on demand as of the reporting date resulting in Level 2 classification. Fair value for fixed-rate time deposits is estimated using a discounted cash flow analysis which utilizes current interest rates offered on deposits of similar maturities resulting in a Level 2 classification. Junior subordinated debentures — The fair value for junior subordinated debentures is derived from a discounted cash flow analysis based on current rates that are given for securities with similar risk characteristics, resulting in a Level 2 classification. Short-term FHLB advances — The carrying value of our short-term FHLB advances is approximately equal to the fair value as the borrowings are usually variable rate and are renewed daily. As such, these liabilities have a Level 1 classification. Long-term FHLB advances — The fair value for long-term FHLB advances is derived from a discounted cash flow analysis based on current rates that are given for borrowings with similar risk characteristics, resulting in a Level 2 classification. Accrued interest payable — The carrying amount of accrued interest payable approximates its fair value due to the short-term nature of this liability resulting in a Level 1 or 2 classification consistent with its underlying liabilities. The table below summarizes the valuation measurements of our financial assets and liabilities in accordance with ASC 820-10 fair value hierarchy levels at March 31, 2016 and December 31, 2015: Assets and Liabilities Measured at Fair Value on a Recurring Basis (Dollars in Thousands ) Fair Value Measurements Using: As of March 31, 2016 Total Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Investments: Securities of government sponsored enterprises $ $ — $ $ — Mortgage-backed securities (residential) — — Collateralized mortgage obligations (residential) — — Corporate securities — — Municipal bonds — — Servicing assets — — Mortgage banking derivative assets — — Mortgage banking derivative liabilities ) — ) — Fair Value Measurements Using: As of December 31, 2015 Total Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Investments Securities of government sponsored enterprises $ $ — $ $ — Mortgage-backed securities (residential) — — Collateralized mortgage obligations (residential) — — Corporate securities — — Municipal bonds — — Servicing assets — — Mortgage banking derivative assets — — Mortgage banking derivative liabilities ) — ) — F inancial instruments measured at fair value on a recurring basis that were deemed to have Level 3 fair value inputs when determining valuation are identified in the table below by category with a summary of changes in fair value for periods indicated : Three Months Ended March 31, (Dollars in Thousands) 2016 2015 Servicing Assets: Balance at beginning of period $ $ Net realized (losses) gains in net income ) Net purchases, sales, and settlement Transfers in or out of Level 3 — — Balance at end period $ $ Net cumulative unrealized loss in AOCI $ — $ — We had no transfers of financial instruments between Level 1, 2, or 3 during the three months ended March 31, 2016 and December 31, 2015 . At March 31, 2016, we had approximately $44.6 million in interest rate lock commitments and $27.0 million in total forward sales commitments for the future delivery of residential mortgage loans. The fair value of these mortgage banking derivatives was recorded as a derivative asset of $375,000 and a derivative liability of $142,000. At December 31, 2015, the Company had approximately $35.7 million of interest rate lock commitments and $17.1 million of forward sales commitments for the future delivery of residential mortgage loans. The fair value of these mortgage banking derivatives was reflected by a derivative asset of $222,000 and a derivative liability of $16,000 respectively. Fair values were estimated based on changes in mortgage interest rates from the date of the commitments. Changes in the fair value of mortgage banking derivatives are included in non-interest income as “net change in fair value of derivatives”. The following table reflects the notional amount and fair value of mortgage banking derivatives for the dates indicated: As of March 31, 2016 As of December 31, 2015 (Dollars in Thousands) Notional Amount Fair Value Notional Amount Fair Value Assets: Interest rate lock commitments $ $ $ $ Forward sale contracts related to mortgage banking $ $ $ $ Liabilities: Interest rate lock commitments $ — $ — $ $ ) Forward sale contracts related to mortgage banking $ $ ) $ $ ) The following tables represent the aggregate balance of assets measured at fair value on a non-recurring basis at March 31, 2016 and December 31, 2015, and the total losses resulting from fair value adjustments on the assets for the periods indicated: As of March 31, 2016 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Net Realized Losses Three Months Collateral Dependent Impaired Loans: Commercial Real Estate $ — $ — $ $ $ Impaired Loans Held-For-Sale : Commercial Real Estate — — — Total $ — $ — $ $ $ As of December 31, 2015 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Net Realized Losses Twelve Months Collateral Dependent Impaired Loans: Commercial Real Estate $ — $ — $ $ $ ) OREO: Commercial Real Estate — — ) Total $ — $ — $ $ $ ) Quantitative information about significant unobservable inputs (Level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis at March 31, 2016 and December 31, 2015 are presented in the tables below: As of March 31, 2016 (Dollars in Thousands) Fair Value Valuation Technique Significant Unobservable Inputs Range * Servicing assets $ Discounted Discount rate 4.3% - 9.3% cash flow Constant prepayment rate 7.0% - 9.0% Collateral dependent impaired loans: Commercial Real Estate Sales comparison approach Adjustment for difference between comparable sales and expected sales amounts 35.0%* Impaired Loans Held-For-Sale: Commercial Real Estate Sales comparison approach Adjustment for difference between comparable sales and expected sales amounts 23.9%* As of December 31, 2015 (Dollars in Thousands) Fair Value Valuation Technique Significant Unobservable Inputs Range Servicing assets $ Discounted Discount rate 4.0% - 9.3% cash flow Constant prepayment rate 7.2% - 9.0% Collateral dependent impaired loans: Commercial Real Estate Sales Comparison Approach Adjustment for difference between comparable sales and expected sales amounts 45.7%* OREO: Commercial Real Estate Sales Comparison Approach Adjustment for difference between comparable sales and expected sales amounts 8.0%* * Represents weighted average percentage The fair value estimates presented herein are based on pertinent information available to management at March 31, 2016 and December 31, 2015. Although management is not aware of any factors that would significantly affect the estimated fair value amounts, such amounts have not been comprehensively revalued for these financial statements since those dates. Therefore, estimates of fair value may differ significantly from the amounts presented herein. The fair value of servicing assets is measured using a discounted cash flow valuation. This method requires generating cash flow projections over multiple interest rate scenarios and discounting those cash flows at a risk adjusted rate. Increases or decreases in cash flow inputs, including changes to the discount rate and constant prepayment rate, will have a corresponding impact to the fair value of these assets. The fair value of OREO and collateral-dependent impaired loans, including those that are held-for-sale, are based on third-party property appraisals. The majority of the appraisals utilize a single valuation approach or a combination of approaches including a market approach, where prices and other relevant information generated by market transactions involving identical or comparable properties are used to determine fair value. Appraisals may utilize an income approach, such as the discounted cash flow method, to estimate future income or cash flows or include an ‘as is’ sales comparison approach and an ‘upon completion’ valuation approach. Adjustments are routinely made in the appraisal process by third-party appraisers to adjust for differences between the comparable sales and income data. Adjustments may be made after considering relevant economic and demographic factors with the potential to affect property values. Prospective values are also based on 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 being appraised. The table below is a summary of fair value estimates at March 31, 2016 and December 31, 2015, for financial instruments, as defined by ASC 825-10 “Financial Instruments”, including those financial instruments for which the Company did not elect fair value options. Fair March 31, 2016 December 31, 2015 Value Carrying Estimated Carrying Estimated (Dollars in Thousands) Level Amount Fair Value Amount Fair Value Assets: Cash and cash equivalents Level 1 $ $ $ $ Federal funds sold Level 1 Investment securities available-for-sale Level 2 Investment securities held-to-maturity Level 2 Loans held-for-sale Level 2 Loans receivable-net Level 3 FHLB stock N/A N/A N/A Accrued interest receivable Level 2/3 Mortgage banking derivatives Level 2 Due from customers on acceptances Level 1 Liabilities: Non-interest bearing deposits Level 1 $ $ $ $ Interest bearing deposits Level 2 Junior subordinated debentures Level 2 Short-term FHLB advances Level 1 Long-term FHLB advances Level 2 Accrued interest payable Level 1/2 Mortgage banking derivatives Level 2 Acceptances outstanding Level 1

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2016
Investment Securities
Investment Securities	Note 5. Investment Securities The following tables summarize the amortized cost, fair value, net unrealized gains (losses), and distribution of our investment securities for the dates indicated: Investment Securities Portfolio (Dollars in Thousands) As of March 31, 2016 Amortized Cost Fair Value Gross Unrealized Losses Gross Unrealized Gains Net Unrealized Gains Held-to-Maturity : Collateralized mortgage obligations (residential) $ $ $ — $ $ Total investment securities held-to-maturity $ $ $ — $ $ Available-for-Sale : Securities of government sponsored enterprises $ $ $ — $ $ Mortgage backed securities (residential) — Collateralized mortgage obligations (residential) ) Corporate securities — Municipal securities — Total investment securities available-for-sale $ $ $ ) $ $ As of December 31, 2015 Amortized Cost Fair Value Gross Unrealized Losses Gross Unrealized Gains Net Unrealized Gains (Losses) Held-to-Maturity : Collateralized mortgage obligations (residential) $ $ $ — $ $ Total investment securities held-to-maturity $ $ $ — $ $ Available-for-Sale : Securities of government sponsored enterprises $ $ $ ) $ $ Mortgage backed securities (residential) ) ) Collateralized mortgage obligations (residential) ) Corporate securities — Municipal securities — Total investment securities available-for-sale $ $ $ ) $ $ There were no realized gains or losses on the sale of securities for the three months ended March 31, 2016 and March 31, 2015. Securities with a total fair value of approximately $400.8 million and $425.1 million were pledged to secure public deposits, or for other purposes required or permitted by law, at March 31, 2016 and December 31, 2015, respectively. The following table summarizes the maturity and repricing schedule of our investment securities at their carrying values (amortized cost for held-to-maturity investment securities and fair value for available-for-sale investment securities) at March 31, 2016: Investment Maturities and Repricing Schedule (Dollars in Thousands ) Within One Year After One & Within Five Years After Five & Within Ten Years After Ten Years Total Held-to-Maturity : Collateralized mortgage obligations (residential) $ — $ $ — $ — $ Total investment securities held-to-maturity $ — $ $ — $ — $ Available-for-Sale : Securities of government sponsored enterprises $ — $ $ $ — $ Mortgage backed securities (residential) Collateralized mortgage obligations (residential) — — Corporate securities — — Municipal securities — Total investment securities available-for-sale $ $ $ $ $ The following tables summarize the gross unrealized losses and fair values of our available-for-sale investment securities, aggregated by investment category and length of time that they have been in continuous unrealized loss positions at March 31, 2016 and December 31, 2015 : Less than 12 months 12 months or longer Total Gross Gross Gross As of March 31, 2016 Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in Thousands) Value Losses Value Losses Value Losses Available-for-Sale : Collateralized mortgage obligations (residential) $ — $ — $ $ ) $ $ ) Total investment securities $ — $ — $ $ ) $ $ ) Less than 12 months 12 months or longer Total Gross Gross Gross As of December 31, 2015 Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in Thousands) Value Losses Value Losses Value Losses Available-for-Sale : Securities of government sponsored enterprises $ $ ) $ — $ — $ $ ) Mortgage-backed securities (residential) ) — — ) Collateralized mortgage obligations (residential) ) ) ) Total investment securities $ $ ) $ $ ) $ $ ) Credit-related declines in the fair value of held-to-maturity and available-for-sale securities below their cost that are deemed to be other-than-temporary are reflected in earnings as realized losses in the “Consolidated Statements of Income” and declines related to all other factors are reflected in other comprehensive income, net of taxes. In estimating other-than-temporary impairment losses, the Company considers, among other things, (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near-term prospects of the issuer, and (iii) the Company’s intent and ability to retain the investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. The Company performs an evaluation of the investment portfolio by assessing individual positions that have fair values that have declined below cost. In assessing whether there is an other-than-temporary impairment, the Company considers: · Whether or not all contractual cash flows due on a security will be collected; and · Our positive intent and ability to hold the debt security until recovery in fair value or maturity. A number of factors are considered in the analysis, including but not limited to: · Issuer’s credit rating; · Likelihood of the issuer’s default or bankruptcy; · Underlying collateral of the security; · Industry in which the issuer operates; · Nature of the investment; · Severity and duration of the decline in fair value; and · Analysis of the average life and effective maturity of the security. Management has determined that any individual unrealized loss as of March 31, 2016 and December 31, 2015 did not represent an other-than-temporary impairment. The unrealized losses on our government-sponsored enterprises (“GSE”) and collateralized mortgage obligations (“CMOs”) were attributable to changes in interest rates (U.S. Treasury curve) and a repricing of risk (spreads widening against risk-fee rate) in the market. We do not own any non-agency mortgage-backed securities (“MBSs”) or CMOs. All GSE bonds, GSE CMOs, and GSE MBSs are backed by U.S. government sponsored enterprises and federal agencies and therefore rated “Aaa/AAA.” We have no exposure to the “Subprime Market” in the form of asset backed securities (“ABSs”) and collateralized debt obligations (“CDOs”) that are below investment grade. At March 31, 2016, we have the intent and ability to hold these securities in an unrealized loss position until the market values recover or the securities mature. Municipal bonds and corporate bonds are evaluated by reviewing the credit-worthiness of the issuer and market conditions. Unrealized losses on municipal and corporate securities are primarily attributable to both changes in interest rates and a re-pricing of risk in the market. There were no unrealized losses on our municipal or corporate securities at March 31, 2016 and December 31, 2015.

Loans

Loans	3 Months Ended
	Mar. 31, 2016
Loans
Loans	Note 6. Loans The following note disclosure breaks out the Company’s loan portfolio in segments and classes. Segments are groupings of similar loans at a level which the Company has adopted systematic methods of documentation for determining its allowance for losses on loans and loan commitments. Classes are a disaggregation of the portfolio segments. The Company’s loan portfolio segments are: Construction loans — The Company originates loans to finance construction projects including one to four family residences, multifamily residences, senior housing, and industrial projects. Residential construction loans are due upon the sale of the completed project and are generally collateralized by first liens on the real estate and have floating interest rates. Construction loans are considered to have higher risks than other loans due to the ultimate repayment being sensitive to interest rate changes, governmental regulation of real property, and the availability of long-term financing. Economic conditions may also impact the Company’s ability to recover its investment in construction loans. Adverse economic conditions may negatively impact the real estate market which could affect a borrower’s ability to complete and sell the project. Additionally, the fair value of the underlying collateral may fluctuate as market conditions change. As construction loans make up only a small percentage of the total loan portfolio, these loans are not further broken down into classes. Real estate secured loans — We offer real estate secured loans to finance the acquisition of, or to refinance, existing mortgages on commercial and residential properties. Real estate secured loans are further broken out into classes based on the type of loan and underlying collateral. These classes include SBA loans secured by real estate, residential real estate loans, gas station loans, carwash loans, hotel/motel loans, land loans, and loans secured by all other types of properties. Our commercial real estate loans are typically collateralized by first or junior deeds of trust on specific commercial properties, and, when possible, subject to corporate or individual guarantees from financially capable parties. The properties collateralizing real estate loans are principally located in markets where our retail branches are located. Real estate loans can bear an interest rate that floats with our base rate, the prime rate, or another established index. However, an increasing amount of new real estate secured loan originations bear fixed rather than floating interest rates due to the current competitive market environment and trends. Commercial real estate loans typically have 7-year maturities with up to 25-year amortization of principal and interest and loan-to-value ratios of 60-70% of the appraised value or purchase price, whichever is lower at origination. We usually impose a prepayment penalty on real estate secured loans, usually a period within the beginning three to five years of the loan. We originate residential mortgage loans secured by a first deed of trust on single family residences under variety of loan products including fixed rate and adjustable rate mortgages with either 30 year or 15 year terms. Adjustable rate mortgage loans are offered with flexible initial and periodic adjustments ranging from five to seven years. With the expansion of our residential mortgage departments in 2015, we continue to experience a rise in residential mortgage loan originations. Commercial and industrial loans — We offer commercial and industrial loans to various business enterprises. These loans include business lines of credit and business term loans to finance operations, to provide working capital, or for specific purposes such as to finance the purchase of assets, equipment, or inventory. Since a borrower’s cash flow from operations is generally the primary source of repayment, our policies provide specific guidelines regarding debt coverage ratios and other borrower requirements. Lines of credit are extended to businesses or individuals based on their financial strength and integrity of the borrower. These lines of credit are secured primarily by business assets such as accounts receivable or inventory, and have a maturity of one year or less. Such lines of credit bear an interest rate that floats with our base rate, the prime rate, or another established index. We also provide warehouse lines of credit to mortgage loan originators. The lines of credit are used by these originators to fund mortgages which are then pledged to the Bank as collateral until the mortgage loans are sold and the lines of credit are paid down. The typical duration of warehouse lines of credit from time of funding to pay-down, typically ranges from 10-30 days. Although collateralized by residential mortgage loans, these loans are classified as commercial and industrial loans. Business term loans are typically made to finance the acquisition of fixed assets, refinance short-term debts, or to finance the purchase of businesses. Business term loans generally have terms from one to seven years. They may be collateralized by the assets being acquired or other available assets and bear interest rates which either floats with our base rate, prime rate, another established index, or is fixed for the term of the loan. Commercial and industrial loans are broken down further into two different classes, SBA loans and other commercial and industrial loans. Consumer loans — The Company provides a broad range of consumer loans to customers, including personal lines of credit, cash secured loans, and automobile loans. Repayment of these loans is dependent on the borrowers’ ability to pay and the fair value of any underlying collateral. The following table shows the carrying amount of loans acquired from former Mirae Bank, BankAsiana, and Saehan Bancorp, as well as legacy Wilshire loans: At March 31, 2016 Loans Acquired From Former: Legacy (Dollars in Thousands) Mirae Bank BankAsiana Saehan Bancorp Wilshire Loans Total Construction loans $ — $ — $ — $ $ Real estate secured loans Commercial and industrial Consumer loans — — Gross Loans Deferred loans fees and unearned income — — — ) ) Total Loans Allowance For Loan Losses ) ) ) ) ) Net Loans $ $ $ $ $ Held-for-sale loans included above $ — $ — $ $ $ At December 31, 2015 Loans Acquired From Former: Legacy (Dollars in Thousands) Mirae Bank BankAsiana Saehan Bancorp Wilshire Loans Total Construction loans $ — $ — $ — $ $ Real estate secured loans Commercial and industrial Consumer loans — — Gross Loans Deferred loans fees and unearned income — — — ) ) Total Loans Allowance For Loan Losses ) ) ) ) ) Net Loans $ $ $ $ $ Held-for-sale loans included above $ — $ — $ — $ $ I n accordance with ASC 310-30 , acquired loans were divided into “ASC 310-30 loans” and “Non-ASC 310-30 loans”, at the time of acquisition. ASC 310-30 loans are acquired loans that had evidence of deterioration in credit quality and it was probable, at the time of acquisition, that we would be unable to collect all contractually required payments receivable. In contrast, N on-ASC 310-30 loans are all other acquired loans that do not qualify as ASC 310-30 loans. The difference between contractually required payments at the time of acquisition and the cash flows expected to be collected at the time of acquisition is referred to as the non-accretable difference which is included in the carrying amount of the loans. Subsequent declines to the expected cash flows will generally result in a provision for loan losses. Subsequent increases in cash flows results in a reversal of the provision for loan losses to the extent of prior charges, or a reversal of the non-accretable difference with a positive impact to interest income. Further, any excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable yield and is recognized as interest income over the remaining life of the loan when there is a reasonable expectation about the amount and timing of such cash flows. The following table represents the carrying balances, net of discount, of ASC 310-30 and Non-ASC 310-30 loans at March 31, 2016, December 31, 2015, and March 31, 2015. The unpaid principal balance, before discount, of ASC 310-30 loans was $7.9 million at March 31, 2016, $9.8 million at December 31, 2015, and $10.7 million at March 31, 2015. (Dollars in Thousands) March 31, 2016 December 31, 2015 March 31, 2015 Non-ASC 310-30 loans $ $ $ ASC 310-30 loans Total outstanding acquired loan balance Allowance related to acquired loans ) ) ) Carrying amount, net of allowance $ $ $ The following table represents by loan segment the current balance of ASC 310-30 loans acquired for which it was probable at the time of acquisition that all of the contractually required payments would not be collected for the periods indicated: (Dollars in Thousands) March 31, 2016 December 31, 2015 March 31, 2015 Breakdown of ASC 310-30 loans Real Estate Secured $ $ $ Commercial & Industrial Total ASC 310-30 loans $ $ $ Loans acquired in connection with the acquisitions of Mirae Bank, BankAsiana, and Saehan Bancorp were discounted based on their estimated cash flows to be received on the acquisition dates. For the three months ended March 31, 2016 and March 31, 2015, changes to the total discount on acquired loans is shown in the following table: Three Months Ended (Dollars in Thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ $ Discount accretion income recognized ) ) Disposals related to charge-offs ) ) Balance at end of period $ $ The following table shows the breakdown of changes to the accretable portion of the discount on acquired loans for the three months ended March 31, 2016 and March 31, 2015: Three Months Ended (Dollars in Thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ $ Discount accretion income recognized ) ) Disposals related to charge-offs ) ) Balance at end of period $ $ The table below summarizes for the periods indicated, changes to the allowance for loan losses and allowance for loan commitments arising from loans charged-off, recoveries on loans previously charged-off, provision for losses on loans and loan commitments, and certain ratios related to the allowance for loan losses: Allowance for Losses on Loans and Loan Commitments (Dollars in Thousands) Three Months Ended, March 31, 2016 March 31, 2015 Balances: Allowance for loan losses: Balances at beginning of period $ $ Charge-offs: Real estate secured Commercial and industrial Total charge-offs Recoveries on loans previously charged off: Real estate secured Commercial and industrial Consumer — Total recoveries Net loan charge-offs Provision for losses on loans — Balances at end of period $ $ Allowance for loan commitments: Balances at beginning of period $ $ Credit for losses on loan commitments ) — Balance at end of period $ $ Ratios : Net loan charge-offs to average total loans (annualized) % % Allowance for loan losses to gross loans receivable at end of period (excluding loans held-for-sale) % % Net loan charge-offs to allowance for loan losses at end of period % % Net loan charge-offs to provision for loan losses and loan commitments % % The following tables show the allowance for loan losses roll-forward and breakdown by loan segment for the three months ended March 31, 2016 and March 31, 2015: March 31, 2016 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance at beginning of quarter $ $ $ $ $ Total charge-offs — ) ) — ) Total recoveries — — Provision (credit) for losses on loans ) ) Balance at end of quarter $ $ $ $ $ March 31, 2015 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance at beginning of period $ $ $ $ $ Total charge-offs — ) ) — ) Total recoveries — Provision (credit) for losses on loans ) ) — Balance at end of period $ $ $ $ $ The allowance for loan losses is comprised of a general valuation allowance (“GVA”) based on quantitative and qualitative analyses of the loan portfolio and specific valuation allowances (“SVA”) for impaired loans. A loan is impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement or if a concession was granted to the borrower currently undergoing financial difficulties. At March 31, 2016 , the outstanding balance of impaired loans totaled $60.3 million, of which $27.5 million had specific reserves of $10.4 million. At December 31, 2015 , the outstanding balance of impaired loans totaled $55.9 million, of which $21.4 million had specific reserves of $9.1 million. On a quarterly basis, we utilize a classification migration model combined with individual loan impairment as starting points for determining the adequacy of our allowance for losses on loans. Our loss migration analysis tracks a certain number of quarters of individual loan loss history to determine historical losses by classification category for different loan types, except for certain loans which are analyzed as homogeneous loan pools (i.e., residential mortgage loans, home equity lines of credit, overdraft loans, express business loans, and automobile loans). These calculated loss factors are then applied to the balance of non-impaired loans. The Company also records a reserve for loan commitments based on historical loss rates and an internally defined utilization rate of exposure for unused off-balance sheet loan commitments. To establish an adequate allowance, we must be able to recognize when loans initially become a problem. A risk grade of either pass, watch, special mention, substandard, or doubtful is assigned to every loan in the portfolio with the exception of homogeneous loans, or loans that are evaluated together in pools of similar loans. The following is a brief description of the loan classifications or risk grades used in our allowance calculation: Pass — Loans that are past due less than 30 days that do not exhibit signs of credit deterioration. The financial condition of the borrower is sound as well as the status of any collateral. Loans secured by cash (principal and interest) also fall within this classification. Watch — Performing loans with borrowers that have experienced adverse financial trends, higher debt/equity ratio, or weak liquidity positions, but not to the degree that the loan is considered a problem. Special Mention — Loans that are currently protected but exhibit an increasing degree of risk based on weakening credit strength and/or repayment sources. Contingent or remedial plans to improve the Bank’s risk exposure is documented. Substandard — Loans inadequately protected by the current worth and paying capacity of the borrower or pledged collateral, if any. This grade is assigned when inherent credit weakness is apparent. Doubtful — Loans having all the weakness inherent in a “substandard” classification but collection or liquidation is highly questionable with the possibility of loss at some future date. The tables below represent the breakdown of the allowance for loan losses and gross loans receivable (gross loans excluding loans held-for-sale) balances at March 31, 2016 and December 31, 2015: March 31, 2016 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Gross Loans Receivable Impaired loans $ — $ $ $ — $ Specific valuation allowance $ — $ $ $ — $ Coverage ratio % % % % % Non-impaired loans $ $ $ $ $ General valuation allowance $ $ $ $ $ Coverage ratio % % % % % Gross loans receivable $ $ $ $ $ Allowance for loan losses $ $ $ $ $ Allowance coverage ratio % % % % % December 31, 2015 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Gross Loans Receivable Impaired loans $ — $ $ $ — $ Specific valuation allowance $ — $ $ $ — $ Coverage ratio % % % % % Non-impaired loans $ $ $ $ $ General valuation allowance $ $ $ $ $ Coverage ratio % % % % % Gross loans receivable $ $ $ $ $ Allowance for loan losses $ $ $ $ $ Allowance coverage ratio % % % % % At March 31, 2016 and December 31, 2015, ASC 310-30 loans totaled $656,000 and $687,000, respectively. At March 31, 2016 and at December 31, 2015, total allowance recorded for these loans totaled $3,000. The following is a breakdown of ASC 310-30 loans at March 31, 2016 and December 31, 2015: March 31, 2016 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance of Loans Acquired With Deteriorated Credit Quality $ — $ $ $ — $ Total Allowance for Loans Acquired With Deteriorated Credit Quality $ — $ — $ $ — $ December 31, 2015 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance of Loans Acquired With Deteriorated Credit Quality $ — $ $ $ — $ Total Allowance for Loans Acquired With Deteriorated Credit Quality $ — $ — $ $ — $ Impaired loan net principal balances are broken down by those with specific reserves and without specific reserves, as shown in the following table for March 31, 2016 and December 31, 2015: For Quarter Ended (Dollars in Thousands) March 31, 2016 December 31, 2015 With Specific Reserves Without Charge-Offs $ $ With Charge-Offs Without Specific Reserves Without Charge-Off With Charge-Offs Total Impaired Loans* Allowance on Impaired Loans ) ) Impaired Loans Net of Allowance $ $ * Balances net of SBA guara nteed portions and discount on acquired loans totaled $52.3 million and $52.0 million at March 31, 2016 and December 31, 2015 , respectively. Net principal balance and average balances for impaired loans with specific reserves, and those without specific reserves, at March 31, 2016 and December 31, 2015 are presented in the following tables by loan class: March 31, 2016 December 31, 2015 Three Twelve Months Months Ended Ended Related Average Related Average (Dollars In Thousands) Balance Allowance Balance Balance Allowance Balance With Specific Reserves: Construction $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — — — — — SBA Real Estate Gas Station Carwash — — — — — — Hotel/Motel — — — — Land — — — — — — Other Commercial & Industrial: SBA Commercial Commercial Consumer — — — — — — Total With Related Allowance Without Specific Reserves: Construction — — — — — — Real Estate Secured: Residential Real Estate — — SBA Real Estate — — Gas Station — — Carwash — — Hotel/Motel — — Land — — — — Other — — Commercial & Industrial: SBA Commercial — — Commercial — — Consumer — — — — — — Total Without Related Allowance — — Total Impaired Loans $ $ $ $ $ $ Income recognized on payments received from impaired loans is recorded on a cash basis and not accrued. The cash basis income recognized from impaired loans for the quarters ended March 31, 2016, December 31, 2015, and March 31, 2015 totaled $537,000, $109,000, and $390,000, respectively. Delinquent loans, including non-accrual loans 30 days or more past due, at March 31, 2016 and December 31, 2015, are presented in the following table by loan class: March 31, 2016 December 31, 2015 (Dollars In Thousands) (Net of SBA guaranteed portions) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due* 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due* Legacy Wilshire : Construction $ — $ — $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — — — SBA Real Estate Gas Station — — — — — — — — Carwash — — — — Hotel/Motel — — — Land — — — — — — — — Other — — — Commercial & Industrial: SBA Commercial — Commercial — Consumer — — — — — — — — Total Legacy Loans Acquired Loans : Construction $ — $ — $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — — — — — — — SBA Real Estate — Gas Station — — — — — — — — Carwash — — — — — — — — Hotel/Motel — — — — — — — — Land — — — — — — — — Other — — Commercial & Industrial: SBA Commercial Commercial — — — Consumer — — — — — — — — Total Acquired Loans Total Past Due Loans $ $ $ $ $ $ $ $ Non-Accrual Loans 30 Days or More Past Due : Legacy Loans $ $ $ $ $ $ $ $ Acquired Loans Non-Accrual Loans Listed Above $ $ $ $ $ $ $ $ * Total past due balances are net of SBA guaranteed portions totaling $7.8 million and $3.5 million at March 31, 2016 and December 31, 2015 , respectively. Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing at March 31, 2016 and December 31, 2015 are presented in the following table by loan class: March 31, 2016 December 31, 2015 90 Days 90 Days or More or More Total Past Due Total Total Past Due Total (Dollars In Thousands) Non- and Non- Non- and Non- (Net of SBA guaranteed Accrual Still Performing Accrual Still Performing portions) Loans Accruing Loans* Loans Accruing Loans* Legacy Wilshire : Construction $ — $ — $ — $ — $ — $ — Real Estate Secured: — Residential Real Estate — — SBA Real Estate — — Gas Station — — — — — — Carwash — — Hotel/Motel — — Land — — — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — — — Total Legacy Loans — — Acquired Loans: Construction — — — — — — Real Estate Secured: Residential Real Estate — — — — — — SBA Real Estate — — Gas Station — — — — — — Carwash — — — — — — Hotel/Motel — — — — — — Land — — — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — — — Total Acquired Loans — — Total $ $ — $ $ $ — $ * Balances are net of SBA guaranteed portions totaling $9.3 million and $5.0 million at March 31, 2016 and December 31, 2015 , respectively. No interest income related to non-accrual loans was included in interest income for the three months ended March 31, 2016 and March 31, 2015 . Additional income of approximately $118,000 and $111,000 would have been recorded during the three months ended March 31, 2016 and March 31, 2015 , respectively, had these loans been paid in accordance with their original terms throughout the period indicated. Loans classified as special mention, substandard, and doubtful at March 31, 2016 and December 31, 2015 are presented in the following table by classes of loans: (Dollars In Thousands) March 31, 2016 December 31, 2015 (Balances are net of SBA guaranteed portions) Special Mention Sub- standard Doubtful Total* Special Mention Sub- standard Doubtful Total* Legacy Loans : Construction $ — $ — $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — SBA Real Estate — — Gas Station — — Carwash — — Hotel/Motel — — Land — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — Total Legacy Loans — — Acquired Loans : Construction — — — — — — — — Real Estate Secured: Residential Real Estate — — — — — — — — SBA Real Estate Gas Station — — — — Carwash — — — — Hotel/Motel — — Land — — — — — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — Total Acquired Loans Total Loans $ $ $ $ $ $ $ $ * Balances are net of SBA guaranteed portions totaling $10.7 million and $6.5 million at March 31, 2016 and December 31, 2015 , respectively. A loan restructuring constitutes a troubled debt restructuring (“TDR”) if the Company for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms of the loan. Loans that are reported as TDRs are accounted for in accordance with ASC 310-10-35 and are considered impaired and measured for specific impairment. Loans that are considered TDRs are classified as performing, unless they are on non-accrual status or equal to or greater than 90 days delinquent as of the end of the most recent quarter. All TDR loans are considered impaired regardless of whether they are performing or non-performing. At March 31, 2016, the balance of non-accrual TDR loans totaled $11.3 million, and TDR loans performing in accordance with their modified terms totaled $27.1 million. At December 31, 2015, the balance of non-accrual TDR loans totaled $8.2 million, and TDR loans performing in accordance with their modified terms totaled $29.8 million. New TDR loans did not have a material impact on the Company’s allowance for loan losses for the three months ended March 31, 2016 and March 31, 2015. The following tables present the total balance of TDR loans by loan type and types of concessions made at March 31, 2016 and December 31, 2015: March 31, 2016 (Dollars In Thousands, Net of SBA Guarantee) Balance Term/Maturity Interest Rate Total* Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ December 31, 2015 (Dollars In Thousands, Net of SBA Guarantee) Balance Term/Maturity Interest Rate Total* Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ * SBA guaranteed portions totaled $2.4 million at both March 31, 2016 and December 31, 2015 . The following table represents the roll-forward of TDR loans with additions and reductions for the quarters ended March 31, 2016 and March 31, 2015: (Dollars in Thousands, Net of SBA Guarantee) March 31, 2016 March 31, 2015 Balance at Beginning of Period $ $ New TDR Loans Added Reductions Due to Sales — ) TDR Loans Paid Off ) ) Reductions Due to Charge-Offs ) ) Other Changes (Payments, Amortization, and Other) ) ) Balance at End of Period $ $ The following tables summarize the pre-modification and post-modification balances and types of concessions provided for new TDR loans for the quarters ended March 31, 2016 and March 31, 2015: March 31, 2016 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ Post-Modification Balance: Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ Number of Loans: Real Estate Secured — Commercial & Industrial Total TDR Loans March 31, 2015 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ — $ $ $ Commercial & Industrial — Total TDR Loans $ $ $ $ Post-Modification Balance: Real Estate Secured $ — $ $ $ Commercial & Industrial — Total TDR Loans $ $ $ $ Number of Loans: Real Estate Secured — Commercial & Industrial — Total TDR Loans At March 31, 2016 and March 31, 2015, all TDR loans were modified with principal or payment, term or maturity, or interest rate concessions. Principal concessions usually consist of loans restructured to reduce the monthly payment through a reduction in principal, interest, or a combination of principal and interest payments for a certain period of time. Most of these types of concessions are usually interest only payments for three to six months. Term or maturity concessions are loans that are restructured to extend the maturity date beyond the original contractual term of loan. Interest rate concessions consist of TDR loans that are restructured with a lower interest rate than the original contractual rate and the reduced rate is lower than the current market interest rate for loans with similar risk characteristics. The following tables summarize TDR loans that were modified during the three months ended March 31, 2016 and March 31, 2015, and had payment defaults during the period indicated. We consider a TDR loan to be in payment default if the loan has been transferred to non-accrual status. This usually means the loan is past due 90 days or more, but in certain cases a loan that is less than 90 days past due can be considered a non-accrual loan, if there exists evidence that the borrower will not be able to fulfill a portion or all of the obligated contractual payments. Defaulted TDR loans did not have material impact to the allowance for loan losses for the three months ended March 31, 2016 and March 31, 2015. TDRs With Payment Defaults During the Three Months Ended March 31, 2016 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ — $ $ — $ Commercial & Industrial — — — — Total TDRs Defaulted $ — $ $ — $ Post-Modification Balance: Real Estate Secured $ — $ $ — $ Commercial & Industrial — — — — Total TDRs Defaulted $ — $ $ — $ Number of Loans: Real Estate Secured — — Commercial & Industrial — — — — Total TDRs Defaulted — — TDRs With Payment Defaults During the Three Months Ended March 31, 2015 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ — $ — $ — $ — Commercial & Industrial — Total TDRs Defaulted $ $ $ — $ Post-Modification Balance: Real Estate Secured $ — $ — $ — $ — Commercial & Industrial — — Total TDRs Defaulted $ $ — $ — $ Number of Loans: Real Estate Secured — — — — Commercial & Industrial — Total TDRs Defaulted —

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2016
Shareholders' Equity
Shareholders' Equity	Note 7. Shareholders’ Equity Earnings Per Common Share Basic earnings per common share (“EPS”) excludes dilution and is calculated by dividing net income 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 in the issuance of common stock that would then share in the earning s of the Company. The following table provides the basic and diluted EPS computations for the periods indicated below: Three Months Ended March 31, (Dollars in Thousands, Except per Share Data) 2016 2015 Numerator: Net income $ $ Denominator for basic earnings per share: Weighted-average shares Effect of dilutive securities: Stock option dilution Denominator for diluted earnings per share: Adjusted weighted-average shares and assumed conversions Basic earnings per common share $ $ Diluted earnings per common share $ $ For the three months ended March 31, 2016 and March 31, 2015, stock option awards totaling 194,951 and 252,900, respectively, were excluded from the dilutive earnings per common share calculation because the shares, if issued, would be anti-dilutive.

FHLB Advances and Junior Subord

FHLB Advances and Junior Subordinated Debentures	3 Months Ended
	Mar. 31, 2016
FHLB Advances and Junior Subordinated Debentures
FHLB Advances and Junior Subordinated Debentures	Note 8. FHLB Advances and Junior Subordinated Debentures The Company maintains a line of credit with the FHLB of San Francisco for use as a secondary source of funds. At March 31, 2016, the Company had approved financing with the San Francisco FHLB for maximum advances of up to 30% of total assets based on qualifying collateral. The Company’s borrowing capacity with the FHLB of San Francisco totaled $ 1.41 billion at March 31, 2016 , with $200.0 million in borrowings outstanding and a remaining borrowing capacity of $1.20 billion. The following table shows the Company’s outstanding advances from FHLB at March 31, 2016: (Dollars in Thousands) Balance Current Rate Interest Rate Issue Date Maturity Date Advance 1 $ % 3 Month LIBOR + 1.2425%* 09/22/2014 09/23/2019 Advance 2 % Fixed Rate Advance 09/22/2015 09/23/2019 Advance 3 % Variable 12/29/2015 Open Total $ * The advance has an interest rate adjustment cap of 1.00% over the initial rate of the advance throughout the term of the advance. The following table summarizes information relating to the Company’s FHLB advances for the periods indicated: Three Months Ended (Dollars in Thousands) March 31, 2016 December 31, 2015 Balance at quarter end $ $ Average balance during the quarter Maximum amount outstanding at any month-end Average interest rate during the quarter % % Weighted average interest rate at quarter-end % % Junior subordinated debentures at March 31, 2016 totaled $72.1 million, compared to $72.0 million at December 31, 2015. Wilshire Bancorp, as a wholly-owned subsidiary of the Bank in 2003 and as the parent company of the Bank in 2005 and 2007, issued an aggregate of $77.3 million in junior subordinated debentures as part of the issuance of $75.0 million in trust preferred securities by statutory trusts wholly-owned by Wilshire Bancorp. The purpose of these transactions was to raise additional capital. On November 20, 2013, the Company acquired Saehan Bancorp. Saehan Bancorp had previously formed Saehan Capital Trust I, and issued junior subordinated debentures related to the trust totaling $20.6 million in March 2007. These debentures were recorded by the Company at a fair value of $9.7 million, a discount of $10.9 million to their original issue price. These junior subordinated debentures are senior in liquidation rights to the Company’s outstanding shares of common stock. The following table summarizes the Company’s outstanding junior subordinated debentures at March 31, 2016: (Dollars in Thousands) Issued Date Amount of Debenture Issued Interest Rate Current Rate Callable Date Maturity Date Wilshire Statutory Trust II 03/17/2005 $ 3 Month LIBOR + 1.79% % 06/17/2016 (1) 03/17/2035 Wilshire Statutory Trust III 09/15/2005 3 Month LIBOR + 1.40% % 06/15/2016 (2) 09/15/2035 Wilshire Statutory Trust IV 07/10/2007 3 Month LIBOR + 1.38% % 06/15/2016 (3) 09/15/2037 Saehan Capital Trust I 03/30/2007 3 Month LIBOR + 1.62% % 06/30/2016 (4) 03/30/2037 $ (1) The Company has the right to redeem the $20.6 million debentures, in whole or in part, on any March 17, June 17, September 17, or December 17. The next callable date as of this report is June 17, 2016. (2) The Company has the right to redeem the $15.5 million debentures, in whole or in part, on any March 15, June 15, September 15, or December 15. The next callable date as of this report is June 15, 2016. (3) The Company has the right to redeem the $25.8 million debentures, in whole or in part, on any March 15, June 15, September 15, or December 15. The next callable date as of this report is June 15, 2016. (4) The Company has the right to redeem the $20.6 million debentures, in whole or in part, on any March 30, June 30, September 30, or December 30. The next callable date as of this report is June 30, 2016.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2016
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income	Note 9. Accumulated Other Comprehensive Income AOCI includes unrealized gains and losses on available-for-sale investments, unrealized gains and losses on interest only strips, and unrecognized prior service costs on bank owned life insurance (“BOLI”). Changes to other AOCI are presented net of tax effect as a component of equity. Reclassifications out of AOCI are recorded in income either as a gain or loss. The reclassifications for available-for-sale securities are included in the “Consolidated Statements of Income” as gain on sale of securities. Changes to AOCI by its components are shown in the following tables for the periods indicated: Three Months Ended March 31, 2016 (Dollars in Thousands) Unrealized Gain on AFS Securities Unrealized Gain on Interest Only Strips BOLI Unrecognized Prior Service Costs Total Balance at beginning of period $ $ $ ) $ Other comprehensive income before reclassification ) Reclassifications from other comprehensive income — — — — Tax effect of current period changes ) — ) Current period changes net of taxes ) Balance at end of period $ $ $ ) $ Three Months Ended March 31, 2015 (Dollars in Thousands) Unrealized Gain on AFS Securities Unrealized Gain on Interest Only Strips BOLI Unrecognized Prior Service Costs Total Balance at beginning of period $ $ $ ) $ Other comprehensive income before reclassification Reclassifications from other comprehensive income — — — — Tax effect of current period changes ) ) — ) Current period changes net of taxes Balance at end of period $ $ $ ) $ For the three months ended March 31, 2016 and March 31, 2015, there were no reclassifications from AOCI.

Business Segment Reporting

Business Segment Reporting	3 Months Ended
	Mar. 31, 2016
Business Segment Reporting
Business Segment Reporting	Note 10. Business Segment Reporting The Company is managed as a single business segment and not as separate segments. The financial performance of the Company is reviewed by the chief operating decision maker on an aggregate basis and financial and strategic decisions are also made based on the Company as a whole. We consider “Banking Operations” to be our single combined operating segment which raises funds from deposits and borrowings for loans and investments, and provides lending products, including construction, real estate, commercial, and consumer loans to its customers.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies
Commitments and Contingencies	Note 11. Commitments and Contingencies In the normal course of business, we are a party to financial instruments with off-balance sheet risk that are used to meet the financing needs of our customers. These financial instruments include commitments to extend credit, standby letters of credit, commercial letters of credit, commitments to fund investments in affordable housing partnerships, mortgage derivatives, and operating lease commitments. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated statements of financial condition. Our exposure to credit loss in the event of nonperformance on commitments to extend credit and standby letters of credit is represented by the contractual notional amount of those instruments. We use the same credit policies in making commitments and conditional obligations as we do for extending loan facilities to customers. We evaluate each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary upon extension of credit, is based on our credit evaluation of the counterparty. The types of collateral that we may hold can vary and may include accounts receivable , inventory , property, plant and equipment, and income-producing properties. The Company enters into various stand-alone mortgage-banking derivatives in order to hedge the risk associated with the fluctuation of interest rates. Changes in fair value are recorded as mortgage banking revenue. Residential mortgage loans funded with interest rate lock commitments and forward commitments for the future delivery of mortgage loans to third party investors are considered derivatives. At March 31, 2016, we had approximately $44.6 million in interest rate lock commitments and $27.0 million in total forward sales commitments for the future delivery of residential mortgage loans. At December 31, 2015, we had approximately $35.7 million in interest rate lock commitments and $17.1 million in total forward sales commitments for the future delivery of residential mortgage loans. All derivative instruments are recognized on the balance sheet at their fair value. Commitments at March 31, 2016 and December 31, 2015 are summarized as follows: (Dollars in Thousands) March 31, 2016 December 31, 2015 Commitments to extend credit $ $ Standby letters of credit Commercial letters of credit Commitments to fund investments in affordable housing partnerships Interest rate lock Forward sales commitments Operating lease commitments In the normal course of business, we are involved in various legal claims. We have reviewed all legal claims against us with counsel and have taken into consideration the views of such counsel as to the potential outcome of the claims. Loss contingencies for all legal claims totaled $120,000 at both March 31, 2016 and December 31, 2015, and $135,000 at March 31, 2015. It is reasonably possible we may incur losses in addition to the amounts we have accrued. However, at this time, we are unable to estimate the range of additional losses that are reasonably possible because of a number of factors, including the fact that certain of these litigation matters are still in their early stages and involve claims that we believe have little to no merit. Management has considered these and other possible loss contingencies and does not expect the amounts to be material to any of the consolidated financial statements.

Income Tax Provision

Income Tax Provision	3 Months Ended
	Mar. 31, 2016
Income Tax Provision
Income Tax Provision	Note 12. Income Tax Provision For the first quarter of 2016, the Company had an income tax provision totaling $7.2 million on pretax income of $20.4 million, representing an effective tax rate of 35.4%, compared with an income tax provision of $10.2 million on pretax income of $28.8 million, representing an effective tax rate of 35.5% for the first quarter of 2015. The Company had unrecognized tax benefits of $1.7 million at both March 31, 2016 and December 31, 2015 that related to uncertainties associated with federal and state income tax matters. Other than the accrued interest of $38,000 related to uncertain tax positions from an entity acquired in 2013, the Company recognized interest related to uncertain tax positions as part of the provision for federal and state income tax expense. During the three months ended March 31, 2016 , the Company recognized approximately $5,000 in interest expense associated with its unrecognized tax benefits. The Company had accrued interest payable associated with unrecognized tax benefits of approximately $159,000 and $154,000 at March 31, 2016 and December 31, 2015 , respectively. In calculating its interim income tax provision, the Company must project or estimate its pretax income for the year to determine its estimated annual effective tax rate. If the Company is unable to reliably estimate its pretax income for the year, the Company must determine its interim tax provision using the actual effective tax rate for the period. As of March 31, 2016 , the Company believes it can reliably project its pretax income for 2016 and had determined the tax provision using an estimated annual effective tax rate. The Company expects to continue using the estimated annual effective tax rate to calculate tax provision for future quarters. The Company accounts for income taxes by recognizing deferred tax assets and liabilities based upon temporary differences between the financial reporting and tax basis of its assets and liabilities. A deferred tax valuation allowance is established when necessary to reduce the deferred tax assets when it is more-likely-than-not that a portion or all of the deferred tax assets will not be realized. Based on internal analysis, the Company determined that a valuation allowance for deferred tax assets was not required as of March 31, 2016 and December 31, 2015.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
Recent Accounting Pronouncements
Recent Accounting Pronouncements	Note 13. Recent Accounting Pronouncements Effective January 2016, the Company prospectively adopted ASU 2015-05, “Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting or Fees Paid in a Cloud Computing Arrangement”. ASU 2015-05 provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. As a result, all software licenses within the scope of this guidance will be accounted for consistently with other licenses of intangible assets. The adoption of ASU 2015-05 did not have a material effect on the Company’s financial statements. In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842)” , ASU 2016-02 requires lessees to recognize right-of-use assets and lease liabilities for all leases other than those that meet the definition of short-term leases. For short-term leases, lessees may elect an accounting policy by class of underlying asset under which these assets and liabilities are not recognized and lease payments are generally recognized over the lease term on a straight-line basis. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those periods using a modified retrospective approach and early adoption is permitted. The Company is currently in the process of evaluating the impact of adoption of ASU 2016-02 on its financial statements and disclosures, if any. In March 2016, the FASB issued ASU 2016-05, “Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships (ASU 2016-05)”. ASU 2016-05 clarifies that a change in the counterparty to a derivative instrument (a novation) that has been designated as the hedging instrument does not, in and of itself, require designation of that hedging relationship provided that all other hedge accounting criteria continue to be met. Public business entities have the option to apply this ASU on a prospective basis or a modified retrospective basis. It is effective for annual periods and interim periods within those annual periods beginning after December 15, 2016. The Company intends to apply this guidance prospectively and does not expect it to have a material impact on its financial statements or disclosures. In March 2016, the FASB issued ASU 2016-06, “Contingent Put and Call Options in Debt Instruments (ASU 2016-06)”. ASU 2016-06 clarifies the steps required to determine if an embedded derivative should be bifurcated from a host contract in order to resolve diversity in practice. For public business entities, this ASU will be applied on a modified retrospective basis for annual periods and interim periods within those annual periods beginning after December 15, 2016. The Company is currently evaluating the effects of ASU 2016-06 on its financial statements and disclosures. In March 2016, the FASB issued ASU 2016-07, “ Investments-Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting” . ASU 2016-07 no longer requires and an investor to retroactively adjust the investment and record for periods as if that the investment had been held, but did not qualify for the equity method of accounting. Under ASU 2016-07 the equity method is only applied to the investment from the date that it qualifies. When an investment qualifies for equity method accounting, the investor should add the cost of acquiring the additional interest in the investee to the current basis of the investor’s existing interest and recognize in earnings the unrealized holding gain or loss in accumulated other comprehensive income, if the existing investment was accounted for as an available-for-sale equity security. ASU 2016-07 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years and early adoption is permitted. The Company is currently in the process of evaluating the impact of adoption of ASU 2016-07 on its financial statements and disclosures, if any. In March 2016, The FASB issued ASU 2016-08, “Principal versus Agent Considerations (Reporting Revenue Gross versus Net) (ASU 2016-08)”. ASU 2016-08 clarifies the implementation guidance in ASU 2014-09, Revenue from Contracts with Customers, on principal versus agent considerations and whether an entity reports revenue on a gross or net basis. For public business entities, this ASU is effective for annual periods and interim periods within those annual periods beginning after December 15, 2017. The Company is currently evaluating the effects of ASU 2016-08 on its financial statements and disclosures. In March 2016, the FASB issued ASU 2016-09, “ ASU 2016-09, Compensation- Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ”. ASU 2016-09 includes provisions intended to simplify various aspects related to how share-based payments are accounted for and presented in the financial statements. The areas for simplification include income tax consequences, forfeitures, classification of awards as either equity or liabilities and classification on the statement of cash flows. This ASU is effective for annual periods and interim periods within those annual periods beginning after December 15, 2016 and early adoption is permitted for financial statements that have not been previously issued. The Company is currently evaluating the effects of ASU 2016-09 on its financial statements and disclosures.

Fair Value Measurement for Fi22

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Measurement for Financial and Non-Financial Assets and Liabilities
Summary of assets and liabilities measured at fair value on a recurring basis	Assets and Liabilities Measured at Fair Value on a Recurring Basis (Dollars in Thousands ) Fair Value Measurements Using: As of March 31, 2016 Total Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Investments: Securities of government sponsored enterprises $ $ — $ $ — Mortgage-backed securities (residential) — — Collateralized mortgage obligations (residential) — — Corporate securities — — Municipal bonds — — Servicing assets — — Mortgage banking derivative assets — — Mortgage banking derivative liabilities ) — ) — Fair Value Measurements Using: As of December 31, 2015 Total Fair Value Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Investments Securities of government sponsored enterprises $ $ — $ $ — Mortgage-backed securities (residential) — — Collateralized mortgage obligations (residential) — — Corporate securities — — Municipal bonds — — Servicing assets — — Mortgage banking derivative assets — — Mortgage banking derivative liabilities ) — ) —
Summary of changes in fair value of financial instruments measured at fair value, Level 3, by category	Three Months Ended March 31, (Dollars in Thousands) 2016 2015 Servicing Assets: Balance at beginning of period $ $ Net realized (losses) gains in net income ) Net purchases, sales, and settlement Transfers in or out of Level 3 — — Balance at end period $ $ Net cumulative unrealized loss in AOCI $ — $ —
Schedule of notional amount and fair value of mortgage banking derivatives for the dates indicated	As of March 31, 2016 As of December 31, 2015 (Dollars in Thousands) Notional Amount Fair Value Notional Amount Fair Value Assets: Interest rate lock commitments $ $ $ $ Forward sale contracts related to mortgage banking $ $ $ $ Liabilities: Interest rate lock commitments $ — $ — $ $ ) Forward sale contracts related to mortgage banking $ $ ) $ $ )
Schedule of assets measured at estimated fair value on a non-recurring basis and the total losses resulting from these fair value adjustments	As of March 31, 2016 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Net Realized Losses Three Months Collateral Dependent Impaired Loans: Commercial Real Estate $ — $ — $ $ $ Impaired Loans Held-For-Sale : Commercial Real Estate — — — Total $ — $ — $ $ $ As of December 31, 2015 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Net Realized Losses Twelve Months Collateral Dependent Impaired Loans: Commercial Real Estate $ — $ — $ $ $ ) OREO: Commercial Real Estate — — ) Total $ — $ — $ $ $ )
Schedule of quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis	As of March 31, 2016 (Dollars in Thousands) Fair Value Valuation Technique Significant Unobservable Inputs Range * Servicing assets $ Discounted Discount rate 4.3% - 9.3% cash flow Constant prepayment rate 7.0% - 9.0% Collateral dependent impaired loans: Commercial Real Estate Sales comparison approach Adjustment for difference between comparable sales and expected sales amounts 35.0%* Impaired Loans Held-For-Sale: Commercial Real Estate Sales comparison approach Adjustment for difference between comparable sales and expected sales amounts 23.9%* As of December 31, 2015 (Dollars in Thousands) Fair Value Valuation Technique Significant Unobservable Inputs Range Servicing assets $ Discounted Discount rate 4.0% - 9.3% cash flow Constant prepayment rate 7.2% - 9.0% Collateral dependent impaired loans: Commercial Real Estate Sales Comparison Approach Adjustment for difference between comparable sales and expected sales amounts 45.7%* OREO: Commercial Real Estate Sales Comparison Approach Adjustment for difference between comparable sales and expected sales amounts 8.0%* * Represents weighted average percentage
Summary of fair value estimates for financial instruments, as defined by ASC 825-10 Financial Instruments	Fair March 31, 2016 December 31, 2015 Value Carrying Estimated Carrying Estimated (Dollars in Thousands) Level Amount Fair Value Amount Fair Value Assets: Cash and cash equivalents Level 1 $ $ $ $ Federal funds sold Level 1 Investment securities available-for-sale Level 2 Investment securities held-to-maturity Level 2 Loans held-for-sale Level 2 Loans receivable-net Level 3 FHLB stock N/A N/A N/A Accrued interest receivable Level 2/3 Mortgage banking derivatives Level 2 Due from customers on acceptances Level 1 Liabilities: Non-interest bearing deposits Level 1 $ $ $ $ Interest bearing deposits Level 2 Junior subordinated debentures Level 2 Short-term FHLB advances Level 1 Long-term FHLB advances Level 2 Accrued interest payable Level 1/2 Mortgage banking derivatives Level 2 Acceptances outstanding Level 1

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investment Securities
Summary of Investment Securities Portfolio	Investment Securities Portfolio (Dollars in Thousands) As of March 31, 2016 Amortized Cost Fair Value Gross Unrealized Losses Gross Unrealized Gains Net Unrealized Gains Held-to-Maturity : Collateralized mortgage obligations (residential) $ $ $ — $ $ Total investment securities held-to-maturity $ $ $ — $ $ Available-for-Sale : Securities of government sponsored enterprises $ $ $ — $ $ Mortgage backed securities (residential) — Collateralized mortgage obligations (residential) ) Corporate securities — Municipal securities — Total investment securities available-for-sale $ $ $ ) $ $ As of December 31, 2015 Amortized Cost Fair Value Gross Unrealized Losses Gross Unrealized Gains Net Unrealized Gains (Losses) Held-to-Maturity : Collateralized mortgage obligations (residential) $ $ $ — $ $ Total investment securities held-to-maturity $ $ $ — $ $ Available-for-Sale : Securities of government sponsored enterprises $ $ $ ) $ $ Mortgage backed securities (residential) ) ) Collateralized mortgage obligations (residential) ) Corporate securities — Municipal securities — Total investment securities available-for-sale $ $ $ ) $ $
Summary of maturity and repricing schedule of investment securities at carrying value	The following table summarizes the maturity and repricing schedule of our investment securities at their carrying values (amortized cost for held-to-maturity investment securities and fair value for available-for-sale investment securities) at March 31, 2016: Investment Maturities and Repricing Schedule (Dollars in Thousands ) Within One Year After One & Within Five Years After Five & Within Ten Years After Ten Years Total Held-to-Maturity : Collateralized mortgage obligations (residential) $ — $ $ — $ — $ Total investment securities held-to-maturity $ — $ $ — $ — $ Available-for-Sale : Securities of government sponsored enterprises $ — $ $ $ — $ Mortgage backed securities (residential) Collateralized mortgage obligations (residential) — — Corporate securities — — Municipal securities — Total investment securities available-for-sale $ $ $ $ $
Summary of gross unrealized losses and fair values of available-for-sale investment securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position	Less than 12 months 12 months or longer Total Gross Gross Gross As of March 31, 2016 Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in Thousands) Value Losses Value Losses Value Losses Available-for-Sale : Collateralized mortgage obligations (residential) $ — $ — $ $ ) $ $ ) Total investment securities $ — $ — $ $ ) $ $ ) Less than 12 months 12 months or longer Total Gross Gross Gross As of December 31, 2015 Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in Thousands) Value Losses Value Losses Value Losses Available-for-Sale : Securities of government sponsored enterprises $ $ ) $ — $ — $ $ ) Mortgage-backed securities (residential) ) — — ) Collateralized mortgage obligations (residential) ) ) ) Total investment securities $ $ ) $ $ ) $ $ )

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2016
Loans
Schedule of carrying amount of loans acquired through acquisitions and legacy loans	At March 31, 2016 Loans Acquired From Former: Legacy (Dollars in Thousands) Mirae Bank BankAsiana Saehan Bancorp Wilshire Loans Total Construction loans $ — $ — $ — $ $ Real estate secured loans Commercial and industrial Consumer loans — — Gross Loans Deferred loans fees and unearned income — — — ) ) Total Loans Allowance For Loan Losses ) ) ) ) ) Net Loans $ $ $ $ $ Held-for-sale loans included above $ — $ — $ $ $ At December 31, 2015 Loans Acquired From Former: Legacy (Dollars in Thousands) Mirae Bank BankAsiana Saehan Bancorp Wilshire Loans Total Construction loans $ — $ — $ — $ $ Real estate secured loans Commercial and industrial Consumer loans — — Gross Loans Deferred loans fees and unearned income — — — ) ) Total Loans Allowance For Loan Losses ) ) ) ) ) Net Loans $ $ $ $ $ Held-for-sale loans included above $ — $ — $ — $ $
Schedule of the carrying balance, net of discount, of ASC 310-30 and Non-ASC 310-30 loans	(Dollars in Thousands) March 31, 2016 December 31, 2015 March 31, 2015 Non-ASC 310-30 loans $ $ $ ASC 310-30 loans Total outstanding acquired loan balance Allowance related to acquired loans ) ) ) Carrying amount, net of allowance $ $ $
Schedule of breakdown of acquired ASC 310-30 loans by loan type	(Dollars in Thousands) March 31, 2016 December 31, 2015 March 31, 2015 Breakdown of ASC 310-30 loans Real Estate Secured $ $ $ Commercial & Industrial Total ASC 310-30 loans $ $ $
Schedule of change to the discount on acquired loans	Three Months Ended (Dollars in Thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ $ Discount accretion income recognized ) ) Disposals related to charge-offs ) ) Balance at end of period $ $
Schedule of breakdown of changes to the accretable portion of the discount related to acquired loans	Three Months Ended (Dollars in Thousands) March 31, 2016 March 31, 2015 Balance at beginning of period $ $ Discount accretion income recognized ) ) Disposals related to charge-offs ) ) Balance at end of period $ $
Schedule of changes to the allowance for losses on loans and loan commitments and certain ratios related to the allowance for loan losses	Allowance for Losses on Loans and Loan Commitments (Dollars in Thousands) Three Months Ended, March 31, 2016 March 31, 2015 Balances: Allowance for loan losses: Balances at beginning of period $ $ Charge-offs: Real estate secured Commercial and industrial Total charge-offs Recoveries on loans previously charged off: Real estate secured Commercial and industrial Consumer — Total recoveries Net loan charge-offs Provision for losses on loans — Balances at end of period $ $ Allowance for loan commitments: Balances at beginning of period $ $ Credit for losses on loan commitments ) — Balance at end of period $ $ Ratios : Net loan charge-offs to average total loans (annualized) % % Allowance for loan losses to gross loans receivable at end of period (excluding loans held-for-sale) % % Net loan charge-offs to allowance for loan losses at end of period % % Net loan charge-offs to provision for loan losses and loan commitments % %
Schedule of roll forward of the allowance for loan losses	March 31, 2016 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance at beginning of quarter $ $ $ $ $ Total charge-offs — ) ) — ) Total recoveries — — Provision (credit) for losses on loans ) ) Balance at end of quarter $ $ $ $ $ March 31, 2015 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance at beginning of period $ $ $ $ $ Total charge-offs — ) ) — ) Total recoveries — Provision (credit) for losses on loans ) ) — Balance at end of period $ $ $ $ $
Schedule of breakdown of the allowance for loan losses and gross loans receivable (gross loans excluding loans held-for-sale) balances by SVA and GVA	March 31, 2016 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Gross Loans Receivable Impaired loans $ — $ $ $ — $ Specific valuation allowance $ — $ $ $ — $ Coverage ratio % % % % % Non-impaired loans $ $ $ $ $ General valuation allowance $ $ $ $ $ Coverage ratio % % % % % Gross loans receivable $ $ $ $ $ Allowance for loan losses $ $ $ $ $ Allowance coverage ratio % % % % % December 31, 2015 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Gross Loans Receivable Impaired loans $ — $ $ $ — $ Specific valuation allowance $ — $ $ $ — $ Coverage ratio % % % % % Non-impaired loans $ $ $ $ $ General valuation allowance $ $ $ $ $ Coverage ratio % % % % % Gross loans receivable $ $ $ $ $ Allowance for loan losses $ $ $ $ $ Allowance coverage ratio % % % % %
Schedule of breakdown of loan balances for loans acquired with deteriorated credit quality	March 31, 2016 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance of Loans Acquired With Deteriorated Credit Quality $ — $ $ $ — $ Total Allowance for Loans Acquired With Deteriorated Credit Quality $ — $ — $ $ — $ December 31, 2015 (Dollars in Thousands) Construction Real Estate Secured Commercial & Industrial Consumer Total Balance of Loans Acquired With Deteriorated Credit Quality $ — $ $ $ — $ Total Allowance for Loans Acquired With Deteriorated Credit Quality $ — $ — $ $ — $
Summary of impaired loans at their recorded investment (or net principal balance) with and without specific reserves	For Quarter Ended (Dollars in Thousands) March 31, 2016 December 31, 2015 With Specific Reserves Without Charge-Offs $ $ With Charge-Offs Without Specific Reserves Without Charge-Off With Charge-Offs Total Impaired Loans* Allowance on Impaired Loans ) ) Impaired Loans Net of Allowance $ $ * Balances net of SBA guara nteed portions and discount on acquired loans totaled $52.3 million and $52.0 million at March 31, 2016 and December 31, 2015 , respectively.
Schedule of impairment balances with specific reserves and those without specific reserves by loan class	March 31, 2016 December 31, 2015 Three Twelve Months Months Ended Ended Related Average Related Average (Dollars In Thousands) Balance Allowance Balance Balance Allowance Balance With Specific Reserves: Construction $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — — — — — SBA Real Estate Gas Station Carwash — — — — — — Hotel/Motel — — — — Land — — — — — — Other Commercial & Industrial: SBA Commercial Commercial Consumer — — — — — — Total With Related Allowance Without Specific Reserves: Construction — — — — — — Real Estate Secured: Residential Real Estate — — SBA Real Estate — — Gas Station — — Carwash — — Hotel/Motel — — Land — — — — Other — — Commercial & Industrial: SBA Commercial — — Commercial — — Consumer — — — — — — Total Without Related Allowance — — Total Impaired Loans $ $ $ $ $ $
Schedule of delinquent loans, including non-accrual loans 30 days past due or greater by loan class	March 31, 2016 December 31, 2015 (Dollars In Thousands) (Net of SBA guaranteed portions) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due* 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due* Legacy Wilshire : Construction $ — $ — $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — — — SBA Real Estate Gas Station — — — — — — — — Carwash — — — — Hotel/Motel — — — Land — — — — — — — — Other — — — Commercial & Industrial: SBA Commercial — Commercial — Consumer — — — — — — — — Total Legacy Loans Acquired Loans : Construction $ — $ — $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — — — — — — — SBA Real Estate — Gas Station — — — — — — — — Carwash — — — — — — — — Hotel/Motel — — — — — — — — Land — — — — — — — — Other — — Commercial & Industrial: SBA Commercial Commercial — — — Consumer — — — — — — — — Total Acquired Loans Total Past Due Loans $ $ $ $ $ $ $ $ Non-Accrual Loans 30 Days or More Past Due : Legacy Loans $ $ $ $ $ $ $ $ Acquired Loans Non-Accrual Loans Listed Above $ $ $ $ $ $ $ $ * Total past due balances are net of SBA guaranteed portions totaling $7.8 million and $3.5 million at March 31, 2016 and December 31, 2015 , respectively.
Summary of non-accrual loans and loans 90 days or more past due and still accruing	March 31, 2016 December 31, 2015 90 Days 90 Days or More or More Total Past Due Total Total Past Due Total (Dollars In Thousands) Non- and Non- Non- and Non- (Net of SBA guaranteed Accrual Still Performing Accrual Still Performing portions) Loans Accruing Loans* Loans Accruing Loans* Legacy Wilshire : Construction $ — $ — $ — $ — $ — $ — Real Estate Secured: — Residential Real Estate — — SBA Real Estate — — Gas Station — — — — — — Carwash — — Hotel/Motel — — Land — — — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — — — Total Legacy Loans — — Acquired Loans: Construction — — — — — — Real Estate Secured: Residential Real Estate — — — — — — SBA Real Estate — — Gas Station — — — — — — Carwash — — — — — — Hotel/Motel — — — — — — Land — — — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — — — Total Acquired Loans — — Total $ $ — $ $ $ — $ * Balances are net of SBA guaranteed portions totaling $9.3 million and $5.0 million at March 31, 2016 and December 31, 2015 , respectively.
Schedule of loans classified as special mention, substandard and doubtful presented by classes of loans	(Dollars In Thousands) March 31, 2016 December 31, 2015 (Balances are net of SBA guaranteed portions) Special Mention Sub- standard Doubtful Total* Special Mention Sub- standard Doubtful Total* Legacy Loans : Construction $ — $ — $ — $ — $ — $ — $ — $ — Real Estate Secured: Residential Real Estate — — SBA Real Estate — — Gas Station — — Carwash — — Hotel/Motel — — Land — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — Total Legacy Loans — — Acquired Loans : Construction — — — — — — — — Real Estate Secured: Residential Real Estate — — — — — — — — SBA Real Estate Gas Station — — — — Carwash — — — — Hotel/Motel — — Land — — — — — — — — Other — — Commercial & Industrial: SBA Commercial — — Other Commercial — — Consumer — — — — Total Acquired Loans Total Loans $ $ $ $ $ $ $ $ * Balances are net of SBA guaranteed portions totaling $10.7 million and $6.5 million at March 31, 2016 and December 31, 2015 , respectively.
Schedule of total recorded investment in TDR loans by types of concessions made and loan segment	March 31, 2016 (Dollars In Thousands, Net of SBA Guarantee) Balance Term/Maturity Interest Rate Total* Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ December 31, 2015 (Dollars In Thousands, Net of SBA Guarantee) Balance Term/Maturity Interest Rate Total* Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ * SBA guaranteed portions totaled $2.4 million at both March 31, 2016 and December 31, 2015 .
Schedule of the roll-forward of TDR loans with addition and reductions	(Dollars in Thousands, Net of SBA Guarantee) March 31, 2016 March 31, 2015 Balance at Beginning of Period $ $ New TDR Loans Added Reductions Due to Sales — ) TDR Loans Paid Off ) ) Reductions Due to Charge-Offs ) ) Other Changes (Payments, Amortization, and Other) ) ) Balance at End of Period $ $
Summary of the pre-modification and post-modification balances and types of concessions provided for new TDR loans modified	March 31, 2016 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ Post-Modification Balance: Real Estate Secured $ $ $ — $ Commercial & Industrial Total TDR Loans $ $ $ $ Number of Loans: Real Estate Secured — Commercial & Industrial Total TDR Loans March 31, 2015 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ — $ $ $ Commercial & Industrial — Total TDR Loans $ $ $ $ Post-Modification Balance: Real Estate Secured $ — $ $ $ Commercial & Industrial — Total TDR Loans $ $ $ $ Number of Loans: Real Estate Secured — Commercial & Industrial — Total TDR Loans
Summary of TDR loans that were modified during the past 12 months that had a payment default	TDRs With Payment Defaults During the Three Months Ended March 31, 2016 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ — $ $ — $ Commercial & Industrial — — — — Total TDRs Defaulted $ — $ $ — $ Post-Modification Balance: Real Estate Secured $ — $ $ — $ Commercial & Industrial — — — — Total TDRs Defaulted $ — $ $ — $ Number of Loans: Real Estate Secured — — Commercial & Industrial — — — — Total TDRs Defaulted — — TDRs With Payment Defaults During the Three Months Ended March 31, 2015 (Dollars in Thousands, Net of SBA Guarantee) Principal Term/Maturity Interest Rate Total Pre-Modification Balance: Real Estate Secured $ — $ — $ — $ — Commercial & Industrial — Total TDRs Defaulted $ $ $ — $ Post-Modification Balance: Real Estate Secured $ — $ — $ — $ — Commercial & Industrial — — Total TDRs Defaulted $ $ — $ — $ Number of Loans: Real Estate Secured — — — — Commercial & Industrial — Total TDRs Defaulted —

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2016
Shareholders' Equity
Summary of basic and diluted EPS computations	Three Months Ended March 31, (Dollars in Thousands, Except per Share Data) 2016 2015 Numerator: Net income $ $ Denominator for basic earnings per share: Weighted-average shares Effect of dilutive securities: Stock option dilution Denominator for diluted earnings per share: Adjusted weighted-average shares and assumed conversions Basic earnings per common share $ $ Diluted earnings per common share $ $

FHLB Advances and Junior Subo26

FHLB Advances and Junior Subordinated Debentures (Tables)	3 Months Ended
	Mar. 31, 2016
FHLB Advances and Junior Subordinated Debentures
Schedule of outstanding advances from FHLB	The following table shows the Company’s outstanding advances from FHLB at March 31, 2016: (Dollars in Thousands) Balance Current Rate Interest Rate Issue Date Maturity Date Advance 1 $ % 3 Month LIBOR + 1.2425%* 09/22/2014 09/23/2019 Advance 2 % Fixed Rate Advance 09/22/2015 09/23/2019 Advance 3 % Variable 12/29/2015 Open Total $ * The advance has an interest rate adjustment cap of 1.00% over the initial rate of the advance throughout the term of the advance.
Summary of information relating to the FHLB advances	Three Months Ended (Dollars in Thousands) March 31, 2016 December 31, 2015 Balance at quarter end $ $ Average balance during the quarter Maximum amount outstanding at any month-end Average interest rate during the quarter % % Weighted average interest rate at quarter-end % %
Summary of outstanding junior subordinated debentures	The following table summarizes the Company’s outstanding junior subordinated debentures at March 31, 2016: (Dollars in Thousands) Issued Date Amount of Debenture Issued Interest Rate Current Rate Callable Date Maturity Date Wilshire Statutory Trust II 03/17/2005 $ 3 Month LIBOR + 1.79% % 06/17/2016 (1) 03/17/2035 Wilshire Statutory Trust III 09/15/2005 3 Month LIBOR + 1.40% % 06/15/2016 (2) 09/15/2035 Wilshire Statutory Trust IV 07/10/2007 3 Month LIBOR + 1.38% % 06/15/2016 (3) 09/15/2037 Saehan Capital Trust I 03/30/2007 3 Month LIBOR + 1.62% % 06/30/2016 (4) 03/30/2037 $ (1) The Company has the right to redeem the $20.6 million debentures, in whole or in part, on any March 17, June 17, September 17, or December 17. The next callable date as of this report is June 17, 2016. (2) The Company has the right to redeem the $15.5 million debentures, in whole or in part, on any March 15, June 15, September 15, or December 15. The next callable date as of this report is June 15, 2016. (3) The Company has the right to redeem the $25.8 million debentures, in whole or in part, on any March 15, June 15, September 15, or December 15. The next callable date as of this report is June 15, 2016. (4) The Company has the right to redeem the $20.6 million debentures, in whole or in part, on any March 30, June 30, September 30, or December 30. The next callable date as of this report is June 30, 2016.

Accumulated Other Comprehensi27

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2016
Accumulated Other Comprehensive Income
Schedule of changes to accumulated other comprehensive income by components	Three Months Ended March 31, 2016 (Dollars in Thousands) Unrealized Gain on AFS Securities Unrealized Gain on Interest Only Strips BOLI Unrecognized Prior Service Costs Total Balance at beginning of period $ $ $ ) $ Other comprehensive income before reclassification ) Reclassifications from other comprehensive income — — — — Tax effect of current period changes ) — ) Current period changes net of taxes ) Balance at end of period $ $ $ ) $ Three Months Ended March 31, 2015 (Dollars in Thousands) Unrealized Gain on AFS Securities Unrealized Gain on Interest Only Strips BOLI Unrecognized Prior Service Costs Total Balance at beginning of period $ $ $ ) $ Other comprehensive income before reclassification Reclassifications from other comprehensive income — — — — Tax effect of current period changes ) ) — ) Current period changes net of taxes Balance at end of period $ $ $ ) $

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies
Schedule of commitments	(Dollars in Thousands) March 31, 2016 December 31, 2015 Commitments to extend credit $ $ Standby letters of credit Commercial letters of credit Commitments to fund investments in affordable housing partnerships Interest rate lock Forward sales commitments Operating lease commitments

Business of Wilshire Bancorp,29

Business of Wilshire Bancorp, Inc. (Details)	3 Months Ended
	Mar. 31, 2016item
Business of Wilshire Bancorp, Inc.
Number of full-service branch offices in Southern California, Texas, Alabama, Georgia, New Jersey, and the greater New York City metropolitan area	35
Number of loan production offices	5
SBA
Business of Wilshire Bancorp, Inc.
Number of loan production offices	3
Residential
Business of Wilshire Bancorp, Inc.
Number of loan production offices	2

Mergers and Acquisitons - Propo

Mergers and Acquisitons - Proposed Merger with BBCN Bancorp Inc (Details)	3 Months Ended
	Mar. 31, 2016USD ($)
BBCN Bancorp Inc. | Wilshire Bancorp, Inc.
Mergers and Acquisitions
Merger related costs	$ 458,000

Mergers and Acquisitions - Acqu

Mergers and Acquisitions - Acquisition of Bank of Manhattan's Mortgage Lending Division (Details) - Bank Of Manhattan Mortgage Lending Division	3 Months Ended
	Mar. 31, 2015USD ($)itememployee
Mergers and Acquisitions
Number Of Employees In The Acquired Division | employee	30
Number Of Locations Operated By Acquired Division | item	3
Purchase consideration | $	$ 20,000

Fair Value Measurement for Fi32

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities - Fair Value Hierarchy (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	$ 512,257,000	$ 535,524,000
Servicing assets	19,324,000	19,894,000
Securities of government sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	64,109,000	73,835,000
Mortgage-backed securities (residential)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	166,769,000	171,698,000
Collateralized mortgage obligations (residential)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	242,697,000	251,395,000
Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	15,220,000	15,260,000
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	23,462,000	23,336,000
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Servicing assets	19,324,000	19,894,000
Fair Value, Measurements, Recurring | Securities of government sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	64,109,000	73,835,000
Fair Value, Measurements, Recurring | Mortgage-backed securities (residential)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	166,769,000	171,698,000
Fair Value, Measurements, Recurring | Collateralized mortgage obligations (residential)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	242,697,000	251,395,000
Fair Value, Measurements, Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	15,220,000	15,260,000
Fair Value, Measurements, Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	23,462,000	23,336,000
Fair Value, Measurements, Recurring | Mortgage banking derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Asset, Fair value	375,000	222,000
Liability, Fair value	(142,000)	(16,000)
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Securities of government sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	64,109,000	73,835,000
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Mortgage-backed securities (residential)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	166,769,000	171,698,000
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Collateralized mortgage obligations (residential)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	242,697,000	251,395,000
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	15,220,000	15,260,000
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	23,462,000	23,336,000
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Mortgage banking derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Asset, Fair value	375,000	222,000
Liability, Fair value	(142,000)	(16,000)
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Servicing assets	$ 19,324,000	$ 19,894,000

Fair Value Measurement for Fi33

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities - Summary of changes in Level 3 Fair Value Assets (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Fair Value Disclosures
Transfer of financial assets from level 1 to level 2	$ 0		$ 0
Transfer of financial assets from level 2 to level 1	0		0
Transfer of financial liabilities from level 1 to level 2	0		0
Transfer of financial liabilities from level 2 to level 1	0		0
Transfer of financial assets into and out of level 3	0		0
Transfer of financial liabilities into and out of level 3	0		0
Servicing Asset
Summary of changes in fair value by asset category
Balance at the beginning of the period	19,894	$ 18,031	18,031
Net realized (losses) gains in net income	(793)	952
Net purchases, sales and settlement	223	830
Balance at the end of the period	$ 19,324	$ 19,813	$ 19,894

Fair Value Measurement for Fi34

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities - Mortgage Banking Derivatives (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Forward sale contracts related to mortgage banking
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Commitments for the future delivery of residential mortgage loans	$ 27,000,000	$ 17,100,000
Asset, Fair value	2,000	25,000
Liability, Fair value	142,000	13,000
Asset, Notional Amount	2,047,000	9,682,000
Liabilities, Notional Amount	24,912,000	7,421,000
Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Residential mortgage loans funded with interest rate lock commitments	44,600,000	35,700,000
Asset, Fair value	373,000	197,000
Liability, Fair value		3,000
Asset, Notional Amount	26,959,000	15,481,000
Liabilities, Notional Amount		1,622,000
Fair Value, Measurements, Recurring | Mortgage banking derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Asset, Fair value	375,000	222,000
Liability, Fair value	$ 142,000	$ 16,000

Fair Value Measurement for Fi35

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities - Fair Value Assets Measured On Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total	$ 1,807	$ 4,366
Net Realized Losses	220	(593)
Collateral Dependent Impaired Financing Receivable | Commercial Real Estate
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total	1,010	4,219
Net Realized Losses	220	(405)
Other Real Estate Owned | Commercial Real Estate
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total		147
Net Realized Losses		(188)
Impaired Loans Receivable Held-for-sale | Commercial Real Estate
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total	797
Fair Value, Inputs, Level 3
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total	1,807	4,366
Fair Value, Inputs, Level 3 | Collateral Dependent Impaired Financing Receivable | Commercial Real Estate
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total	1,010	4,219
Fair Value, Inputs, Level 3 | Other Real Estate Owned | Commercial Real Estate
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total		$ 147
Fair Value, Inputs, Level 3 | Impaired Loans Receivable Held-for-sale | Commercial Real Estate
Aggregated balance of assets measured at estimated fair value on a non-recurring basis
Total	$ 797

Fair Value Measurement for Fi36

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities - Fair Value Inputs Assets Quantitative Information (Details) - Fair Value, Inputs, Level 3 - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Servicing Asset | Discounted Cash Flow Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Fair value of assets	$ 19,324	$ 19,894
Servicing Asset | Minimum | Discounted Cash Flow Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Discount rate (as a percent)	4.30%	4.00%
Constant prepayment rate (as a percent)	7.00%	7.20%
Servicing Asset | Maximum | Discounted Cash Flow Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Discount rate (as a percent)	9.30%	9.30%
Constant prepayment rate (as a percent)	9.00%	9.00%
Commercial Real Estate. | Sales Comparison Approach Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Fair value of assets	$ 1,010	$ 4,219
Commercial Real Estate. | Weighted Average | Sales Comparison Approach Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Adjustment for difference between comparable sales and expected sales amounts (as a percent)	35.00%	45.70%
Other Commercial Real Estate Owned | Sales Comparison Approach Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Fair value of assets		$ 147
Other Commercial Real Estate Owned | Weighted Average | Sales Comparison Approach Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Adjustment for difference between comparable sales and expected sales amounts (as a percent)		8.00%
Impaired Loans Receivable Held for Sale Commercial Real Estate | Sales Comparison Approach Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Fair value of assets	$ 797
Impaired Loans Receivable Held for Sale Commercial Real Estate | Weighted Average | Sales Comparison Approach Valuation Technique
Quantitative information about the significant unobservable inputs (level 3) used in the fair value measurement for asset and liabilities measured on a recurring and non-recurring basis
Adjustment for difference between comparable sales and expected sales amounts (as a percent)	23.90%

Fair Value Measurement for Fi37

Fair Value Measurement for Financial and Non-Financial Assets and Liabilities - Fair Value By Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets:
Investment securities available-for-sale	$ 512,257	$ 535,524
Investment securities held-to-maturity	20	22
FHLB stock	16,539	16,539
Due from customers on acceptances	8,900	7,250
Liabilities:
Non-interest bearing deposits	1,106,805	1,088,436
Junior subordinated debentures	72,077	72,016
Long-term FHLB advances	200,000	220,000
Acceptances outstanding	8,900	7,250
Carrying Amount
Assets:
FHLB stock	16,539	16,539
Carrying Amount | Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	115,444	118,089
Federal funds sold	133	104
Due from customers on acceptances	8,900	7,250
Liabilities:
Non-interest bearing deposits	1,106,805	1,088,436
Short-term FHLB advances	50,000	70,000
Acceptances outstanding	8,900	7,250
Carrying Amount | Fair Value, Inputs, Level 2
Assets:
Investment securities available-for-sale	512,257	535,524
Investment securities held-to-maturity	19	21
Loans held-for-sale	90,392	25,223
Mortgage banking derivative assets	375	222
Liabilities:
Interest bearing deposits	2,746,767	2,751,440
Junior subordinated debentures	72,077	72,016
Long-term FHLB advances	150,000	150,000
Mortgage banking derivative liabilities	142	16
Carrying Amount | Fair Value, Inputs, Level 3
Assets:
Loans receivable-net	3,742,268	3,767,299
Carrying Amount | Fair Value Inputs Level 1 And 2
Liabilities:
Accrued interest payable	2,400	2,105
Carrying Amount | Fair Value Inputs Level 2 And 3
Assets:
Accrued interest receivable	9,171	9,226
Estimated Fair Value | Fair Value, Inputs, Level 1
Assets:
Cash and cash equivalents	115,444	118,089
Federal funds sold	133	104
Due from customers on acceptances	8,900	7,250
Liabilities:
Non-interest bearing deposits	1,106,805	1,088,436
Short-term FHLB advances	50,000	70,000
Acceptances outstanding	8,900	7,250
Estimated Fair Value | Fair Value, Inputs, Level 2
Assets:
Investment securities available-for-sale	512,257	535,524
Investment securities held-to-maturity	20	22
Loans held-for-sale	92,926	26,015
Mortgage banking derivative assets	375	222
Liabilities:
Interest bearing deposits	2,736,189	2,703,476
Junior subordinated debentures	66,801	65,722
Long-term FHLB advances	154,196	152,359
Mortgage banking derivative liabilities	142	16
Estimated Fair Value | Fair Value, Inputs, Level 3
Assets:
Loans receivable-net	3,750,086	3,781,007
Estimated Fair Value | Fair Value Inputs Level 1 And 2
Liabilities:
Accrued interest payable	2,400	2,105
Estimated Fair Value | Fair Value Inputs Level 2 And 3
Assets:
Accrued interest receivable	$ 9,171	$ 9,226

Investment Securities - Summary

Investment Securities - Summary of Investment Securities (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Summary of the investment securities
Realized gains on the sale or call of securities	$ 0	$ 0
Fair value of securities pledged	400,800	425,100
Held-to-Maturity:
Amortized Cost	19	21
Fair Value	20	22
Gross Unrealized Gains	1	1
Net Unrealized Gains (Losses)	1	1
Available-for-Sale:
Amortized Cost	503,147	532,991
Fair Value	512,257	535,524
Gross Unrealized Losses	(79)	(1,883)
Gross Unrealized Gains	9,189	4,416
Net Unrealized Gains (Losses)	9,110	2,533
Securities of government sponsored enterprises
Available-for-Sale:
Amortized Cost	63,846	73,828
Fair Value	64,109	73,835
Gross Unrealized Losses		(80)
Gross Unrealized Gains	263	87
Net Unrealized Gains (Losses)	263	7
Mortgage-backed securities (residential)
Available-for-Sale:
Amortized Cost	164,381	171,781
Fair Value	166,769	171,698
Gross Unrealized Losses		(738)
Gross Unrealized Gains	2,388	655
Net Unrealized Gains (Losses)	2,388	(83)
Collateralized mortgage obligations (residential)
Held-to-Maturity:
Amortized Cost	19	21
Fair Value	20	22
Gross Unrealized Gains	1	1
Net Unrealized Gains (Losses)	1	1
Available-for-Sale:
Amortized Cost	238,321	250,809
Fair Value	242,697	251,395
Gross Unrealized Losses	(79)	(1,065)
Gross Unrealized Gains	4,455	1,651
Net Unrealized Gains (Losses)	4,376	586
Corporate securities
Held-to-Maturity:
Gross Unrealized Losses	0	0
Available-for-Sale:
Amortized Cost	15,019	15,015
Fair Value	15,220	15,260
Gross Unrealized Gains	201	245
Net Unrealized Gains (Losses)	201	245
Municipal securities
Held-to-Maturity:
Gross Unrealized Losses	0	0
Available-for-Sale:
Amortized Cost	21,580	21,558
Fair Value	23,462	23,336
Gross Unrealized Gains	1,882	1,778
Net Unrealized Gains (Losses)	$ 1,882	$ 1,778

Investment Securities - Investm

Investment Securities - Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Held-to-maturity, Amortized Cost:
After One & Within Five Years	$ 19
Amortized Cost	19	$ 21
Available-for-Sale, Fair Value:
Within One Year	15,374
After One & Within Five Years	263,799
After Five & Within Ten Years	59,570
After Ten Years	173,514
Fair Value	512,257	535,524
Securities of government sponsored enterprises
Available-for-Sale, Fair Value:
After One & Within Five Years	14,035
After Five & Within Ten Years	50,074
Fair Value	64,109	73,835
Mortgage-backed securities (residential)
Available-for-Sale, Fair Value:
Within One Year	3,805
After One & Within Five Years	1,482
After Five & Within Ten Years	1,588
After Ten Years	159,894
Fair Value	166,769	171,698
Collateralized mortgage obligations (residential)
Held-to-maturity, Amortized Cost:
After One & Within Five Years	19
Amortized Cost	19	21
Available-for-Sale, Fair Value:
Within One Year	3,572
After One & Within Five Years	239,125
Fair Value	242,697	251,395
Corporate securities
Investment securities
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	0	0
Available-for-Sale, Fair Value:
Within One Year	7,997
After One & Within Five Years	7,223
Fair Value	15,220	15,260
Municipal securities
Investment securities
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	0	0
Available-for-Sale, Fair Value:
After One & Within Five Years	1,934
After Five & Within Ten Years	7,908
After Ten Years	13,620
Fair Value	$ 23,462	$ 23,336

Investment Securities - Summa40

Investment Securities - Summary of Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investments' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less than 12 months, Fair Value		$ 282,862
Less than 12 months, Gross Unrealized Losses		(1,538)
12 months or longer, Fair Value	$ 12,069	12,371
12 months or longer, Gross Unrealized Losses	(79)	(345)
Total Fair Value	12,069	295,233
Total Gross Unrealized Losses	(79)	(1,883)
Securities of government sponsored enterprises
Investments' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less than 12 months, Fair Value		29,834
Less than 12 months, Gross Unrealized Losses		(80)
Total Fair Value		29,834
Total Gross Unrealized Losses		(80)
Mortgage-backed securities (residential)
Investments' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less than 12 months, Fair Value		141,282
Less than 12 months, Gross Unrealized Losses		(738)
Total Fair Value		141,282
Total Gross Unrealized Losses		(738)
Collateralized mortgage obligations (residential)
Investments' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Less than 12 months, Fair Value		111,746
Less than 12 months, Gross Unrealized Losses		(720)
12 months or longer, Fair Value	12,069	12,371
12 months or longer, Gross Unrealized Losses	(79)	(345)
Total Fair Value	12,069	124,117
Total Gross Unrealized Losses	(79)	(1,065)
Corporate securities
Investments' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Gross Unrealized Losses	0	0
Municipal securities
Investments' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
Gross Unrealized Losses	$ 0	$ 0

Loans - Summary of Legacy and A

Loans - Summary of Legacy and Acquired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Loans acquired through acquisitions and legacy loans
Gross Loans	$ 3,895,436		$ 3,855,550
Deferred loans fees and unearned income	(10,108)		(10,623)
Total Loans	3,885,328		3,844,927
Allowance for loan losses	(52,668)	$ (48,170)	(52,405)	$ (48,624)
Net Loans	3,832,660		3,792,522
Held-for-sale loans included above	90,392		25,223
Acquired loan broken down by ASC 310-30 and Non-ASC 310-30 loans
Total outstanding acquired loan balance	352,679	461,300	372,727
Allowance related to acquired loans	(1,226)	(766)	(1,896)
Carrying amount, net of allowance	$ 351,453	460,534	370,831
Residential mortgage with 30 year term | Maximum
Summary of Legacy and Acquired Loans
Loan maturity period	30 years
Residential Mortgage with 15 year term | Minimum
Summary of Legacy and Acquired Loans
Loan maturity period	15 years
Adjustable rate mortgage loan | Minimum
Summary of Legacy and Acquired Loans
Loan maturity period	5 years
Adjustable rate mortgage loan | Maximum
Summary of Legacy and Acquired Loans
Loan maturity period	7 years
Accounting Standard Codification Topic 3, 1030 Loans
Acquired loan broken down by ASC 310-30 and Non-ASC 310-30 loans
Total outstanding acquired loan balance	$ 656	1,231	687
Non Accounting Standard Codification Topic 3 1030 Loans
Acquired loan broken down by ASC 310-30 and Non-ASC 310-30 loans
Total outstanding acquired loan balance	352,023	460,069	372,040
Mirae Bank, BankAsiana, and Saehan Bancorp
Discount related to loans acquired from Mirae Bank, BankAsiana, and Saehan Bancorp
Balance at beginning of period	13,903	22,056
Discount accretion income recognized	(1,572)	(2,061)
Disposals related to charge-offs	(15)	(143)
Balance at end of period	12,316	19,852
Changes to the accretable portion of the discount on acquired loans
Balance at beginning of period	12,858	20,400
Discount accretion income recognized	(1,562)	(2,061)
Disposals related to charge-offs	(15)	(7)
Balance at end of period	11,281	18,332
Deteriorated Loans
Acquired loan broken down by ASC 310-30 and Non-ASC 310-30 loans
Loans and Leases Receivable Unpaid Principal Balance before Discount	7,900	10,700	9,800
Legacy Loans
Loans acquired through acquisitions and legacy loans
Gross Loans	3,542,757		3,482,823
Deferred loans fees and unearned income	(10,108)		(10,623)
Total Loans	3,532,649		3,472,200
Allowance for loan losses	(51,442)		(50,509)
Net Loans	3,481,207		3,421,691
Held-for-sale loans included above	90,089		25,223
Acquired Loans | Mirae Bank
Loans acquired through acquisitions and legacy loans
Gross Loans	25,012		24,875
Total Loans	25,012		24,875
Allowance for loan losses	(808)		(1,179)
Net Loans	24,204		23,696
Acquired Loans | Bank Asiana
Loans acquired through acquisitions and legacy loans
Gross Loans	88,761		93,740
Total Loans	88,761		93,740
Allowance for loan losses	(274)		(332)
Net Loans	88,487		93,408
Acquired Loans | Saehan
Loans acquired through acquisitions and legacy loans
Gross Loans	238,906		254,112
Total Loans	238,906		254,112
Allowance for loan losses	(144)		(385)
Net Loans	238,762		253,727
Held-for-sale loans included above	303
Construction
Loans acquired through acquisitions and legacy loans
Gross Loans	37,593		21,025
Allowance for loan losses	(405)	(268)	(219)	(220)
Construction | Legacy Loans
Loans acquired through acquisitions and legacy loans
Gross Loans	37,593		21,025
Real Estate Secured
Loans acquired through acquisitions and legacy loans
Gross Loans	3,055,783		3,023,621
Allowance for loan losses	(32,348)	(31,072)	(33,830)	(31,889)
Real Estate Secured | Accounting Standard Codification Topic 3, 1030 Loans
Acquired loan broken down by ASC 310-30 and Non-ASC 310-30 loans
Total outstanding acquired loan balance	637	1,189	666
Real Estate Secured | Legacy Loans
Loans acquired through acquisitions and legacy loans
Gross Loans	2,723,948		2,674,958
Real Estate Secured | Acquired Loans | Mirae Bank
Loans acquired through acquisitions and legacy loans
Gross Loans	24,458		24,097
Real Estate Secured | Acquired Loans | Bank Asiana
Loans acquired through acquisitions and legacy loans
Gross Loans	77,959		81,698
Real Estate Secured | Acquired Loans | Saehan
Loans acquired through acquisitions and legacy loans
Gross Loans	$ 229,418		242,868
Commercial Real Estate
Summary of Legacy and Acquired Loans
Loan maturity period	7 years
Commercial Real Estate | Minimum
Summary of Legacy and Acquired Loans
Loan-to-value ratio (as a percent)	60.00%
Prepayment penalty period from the date of the loan	3 years
Commercial Real Estate | Maximum
Summary of Legacy and Acquired Loans
Loan principal and interest amortization period	25 years
Loan-to-value ratio (as a percent)	(70.00%)
Prepayment penalty period from the date of the loan	5 years
Commercial & Industrial
Loans acquired through acquisitions and legacy loans
Gross Loans	$ 789,722		795,772
Allowance for loan losses	(19,802)	(16,667)	(18,215)	(16,302)
Commercial & Industrial | Accounting Standard Codification Topic 3, 1030 Loans
Acquired loan broken down by ASC 310-30 and Non-ASC 310-30 loans
Total outstanding acquired loan balance	19	42	21
Commercial & Industrial | Legacy Loans
Loans acquired through acquisitions and legacy loans
Gross Loans	769,102		771,952
Commercial & Industrial | Acquired Loans | Mirae Bank
Loans acquired through acquisitions and legacy loans
Gross Loans	554		778
Commercial & Industrial | Acquired Loans | Bank Asiana
Loans acquired through acquisitions and legacy loans
Gross Loans	10,802		12,042
Commercial & Industrial | Acquired Loans | Saehan
Loans acquired through acquisitions and legacy loans
Gross Loans	$ 9,264		11,000
Commercial and Industrial Lines of Credit Loan | Minimum
Summary of Legacy and Acquired Loans
Debt repayment period	10 days
Commercial and Industrial Lines of Credit Loan | Maximum
Summary of Legacy and Acquired Loans
Loan maturity period	1 year
Debt repayment period	30 days
Commercial and Industrial Business Term Loan | Minimum
Summary of Legacy and Acquired Loans
Loan maturity period	1 year
Commercial and Industrial Business Term Loan | Maximum
Summary of Legacy and Acquired Loans
Loan maturity period	7 years
Consumer
Loans acquired through acquisitions and legacy loans
Gross Loans	$ 12,338		15,132
Allowance for loan losses	(113)	$ (163)	(141)	$ (213)
Consumer | Legacy Loans
Loans acquired through acquisitions and legacy loans
Gross Loans	12,114		14,888
Consumer | Acquired Loans | Saehan
Loans acquired through acquisitions and legacy loans
Gross Loans	$ 224		$ 244

Loans - Allowance for Loan Loss

Loans - Allowance for Loan Losses Rollforward, Allowances by Loan Segment (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Mar. 31, 2015USD ($)
Allowance for Losses on Loans
Balances at beginning of period	$ 52,405	$ 48,624	$ 48,624
Total charge-offs	598	1,324
Total recoveries	361	870
Net loan charge-offs	237	454
Provision (credit) for losses on loans	500
Balances at end of period	52,668	48,170	52,405
Allowance for losses on loan commitments
Balances at beginning of period	1,261	1,023	1,023
Credit for losses on loan commitments	(200)
Balances at end of period	$ 1,061	$ 1,023	1,261
Ratios
Net loan charge-offs to average total loans (annualized)	0.03%	0.05%
Allowance for loan losses to gross loans receivable at end of period (excluding loans held-for-sale)				1.38		1.37
Net loan charge-offs to allowance for loan losses at end of period	0.45	0.94
Net loan charge-offs to provision for loan losses and loan commitments	79.00%	0.00%
Allowance for loan losses roll-forward and breakdown by loan segment
Balances at beginning of period	$ 52,405	$ 48,624	48,624
Total charge-offs	(598)	(1,324)
Total recoveries	361	870
Provision (credit) for losses on loans	500
Balances at end of period	$ 52,668	48,170	$ 52,405
Breakdown of the allowance for loan losses and gross loans receivable (gross loans excluding loans held-for-sale)
Maximum Past Due Period for Considering Loans as Pass Loans	30 days
Impaired loans				$ 60,349	$ 55,875
Specific valuation allowance				10,393	9,121
Impaired loan coverage ratio (as a percent)	17.22%		16.32%
Non-impaired loans				3,744,695	3,774,452
General valuation allowance				42,275	43,284
Non-impaired loan coverage ratio (as a percent)	1.13%		1.15%
Total Loans				3,805,044	3,830,327
Allowance for loan losses	$ 52,405	48,624	$ 48,624	52,668	52,405	$ 48,170
Allowance coverage ratio	1.38		1.37
Construction
Allowance for Losses on Loans
Balances at beginning of period	$ 219	220	$ 220
Provision (credit) for losses on loans	186	48
Balances at end of period	405	268	219
Allowance for loan losses roll-forward and breakdown by loan segment
Balances at beginning of period	219	220	220
Provision (credit) for losses on loans	186	48
Balances at end of period	$ 405	268	$ 219
Breakdown of the allowance for loan losses and gross loans receivable (gross loans excluding loans held-for-sale)
Impaired loan coverage ratio (as a percent)	0.00%		0.00%
Non-impaired loans				37,593	21,025
General valuation allowance				405	219
Non-impaired loan coverage ratio (as a percent)	1.08%		1.04%
Total Loans				37,593	21,025
Allowance for loan losses	$ 219	220	$ 220	405	219	268
Allowance coverage ratio	1.08		1.04
Real Estate Secured
Allowance for Losses on Loans
Balances at beginning of period	$ 33,830	31,889	$ 31,889
Total charge-offs	219	325
Total recoveries	46	193
Provision (credit) for losses on loans	(1,309)	(685)
Balances at end of period	32,348	31,072	33,830
Allowance for loan losses roll-forward and breakdown by loan segment
Balances at beginning of period	33,830	31,889	31,889
Total charge-offs	(219)	(325)
Total recoveries	46	193
Provision (credit) for losses on loans	(1,309)	(685)
Balances at end of period	$ 32,348	31,072	$ 33,830
Breakdown of the allowance for loan losses and gross loans receivable (gross loans excluding loans held-for-sale)
Impaired loans				41,603	36,572
Specific valuation allowance				1,081	1,574
Impaired loan coverage ratio (as a percent)	2.60%		4.30%
Non-impaired loans				2,928,361	2,963,609
General valuation allowance				31,267	32,256
Non-impaired loan coverage ratio (as a percent)	1.07%		1.09%
Total Loans				2,969,964	3,000,181
Allowance for loan losses	$ 33,830	31,889	$ 31,889	32,348	33,830	31,072
Allowance coverage ratio	1.09		1.13
Commercial & Industrial
Allowance for Losses on Loans
Balances at beginning of period	$ 18,215	16,302	$ 16,302
Total charge-offs	379	999
Total recoveries	315	667
Provision (credit) for losses on loans	1,651	697
Balances at end of period	19,802	16,667	18,215
Allowance for loan losses roll-forward and breakdown by loan segment
Balances at beginning of period	18,215	16,302	16,302
Total charge-offs	(379)	(999)
Total recoveries	315	667
Provision (credit) for losses on loans	1,651	697
Balances at end of period	$ 19,802	16,667	$ 18,215
Breakdown of the allowance for loan losses and gross loans receivable (gross loans excluding loans held-for-sale)
Impaired loans				18,746	19,303
Specific valuation allowance				9,312	7,547
Impaired loan coverage ratio (as a percent)	49.67%		39.10%
Non-impaired loans				766,403	774,686
General valuation allowance				10,490	10,668
Non-impaired loan coverage ratio (as a percent)	1.37%		1.38%
Total Loans				785,149	793,989
Allowance for loan losses	$ 18,215	16,302	$ 16,302	19,802	18,215	16,667
Allowance coverage ratio	2.52		2.29
Consumer
Allowance for Losses on Loans
Balances at beginning of period	$ 141	213	$ 213
Total recoveries		10
Provision (credit) for losses on loans	(28)	(60)
Balances at end of period	113	163	141
Allowance for loan losses roll-forward and breakdown by loan segment
Balances at beginning of period	141	213	213
Total recoveries		10
Provision (credit) for losses on loans	(28)	(60)
Balances at end of period	$ 113	163	$ 141
Breakdown of the allowance for loan losses and gross loans receivable (gross loans excluding loans held-for-sale)
Impaired loan coverage ratio (as a percent)	0.00%		0.00%
Non-impaired loans				12,338	15,132
General valuation allowance				113	141
Non-impaired loan coverage ratio (as a percent)	0.92%		0.93%
Total Loans				12,338	15,132
Allowance for loan losses	$ 141	$ 213	$ 213	$ 113	$ 141	$ 163
Allowance coverage ratio	0.92		0.93

Loans - Impaired Loans (Details

Loans - Impaired Loans (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Impaired Loans
Cash basis income recognized from impaired loans	$ 537,000	$ 390,000	$ 109,000
Impaired loans broken down by those with and without specific reserves
Recorded Investment, With Specific Reserves, Without Charge-Offs	24,018,000		20,434,000
Recorded Investment, With Specific Reserves, With Charge-Offs	3,471,000		960,000
Recorded Investment, Without Specific Reserves, Without Charge-Offs	26,368,000		27,379,000
Recorded Investment, Without Specific Reserves, With Charge-Offs	6,492,000		7,102,000
Total Impaired Loans	60,349,000		55,875,000
Impaired Loans Net of Allowance	49,956,000		46,754,000
Total balance of net of SBA guaranteed portions	52,300,000		52,000,000
Total Balance
With Specific Reserves	27,489,000		21,394,000
Without Specific Reserves	32,860,000		34,481,000
Total Impaired Loans	60,349,000		55,875,000
Related Allowance
Related Allowance	10,393,000		9,121,000
Average Balance
With Specific Reserves	28,525,000		23,839,000
Without Specific Reserves	35,004,000		42,842,000
Impaired Loans, Average Balance	63,529,000		66,681,000
Deteriorated Loans
Breakdown of ASC 310-30 loans
Balance of Loans Acquired With Deteriorated Credit Quality	656,000		687,000
Total Allowance for Loans Acquired With Deteriorated Credit Quality	3,000		3,000
Real Estate Secured
Related Allowance
Related Allowance	1,081,000		1,574,000
Real Estate Secured | Deteriorated Loans
Breakdown of ASC 310-30 loans
Balance of Loans Acquired With Deteriorated Credit Quality	637,000		666,000
Commercial & Industrial
Related Allowance
Related Allowance	9,312,000		7,547,000
Commercial & Industrial | Deteriorated Loans
Breakdown of ASC 310-30 loans
Balance of Loans Acquired With Deteriorated Credit Quality	19,000		21,000
Total Allowance for Loans Acquired With Deteriorated Credit Quality	3,000		3,000
Residential | Real Estate Secured
Total Balance
Without Specific Reserves	318,000		320,000
Average Balance
Without Specific Reserves	318,000		379,000
SBA Real Estate | Real Estate Secured
Total Balance
With Specific Reserves	4,586,000		2,601,000
Without Specific Reserves	8,204,000		6,157,000
Related Allowance
Related Allowance	305,000		808,000
Average Balance
With Specific Reserves	4,858,000		3,359,000
Without Specific Reserves	10,094,000		9,465,000
Gas Station | Real Estate Secured
Total Balance
With Specific Reserves	2,083,000		2,102,000
Without Specific Reserves	1,223,000		1,235,000
Related Allowance
Related Allowance	399,000		417,000
Average Balance
With Specific Reserves	2,091,000		2,224,000
Without Specific Reserves	1,229,000		1,251,000
Carwash | Real Estate Secured
Total Balance
Without Specific Reserves	3,686,000		3,702,000
Average Balance
Without Specific Reserves	3,696,000		3,852,000
Hotel/Motel | Real Estate Secured
Total Balance
With Specific Reserves	2,016,000
Without Specific Reserves	1,416,000		3,510,000
Average Balance
With Specific Reserves	2,026,000
Without Specific Reserves	1,430,000		3,775,000
Land | Real Estate Secured
Total Balance
Without Specific Reserves	567,000
Average Balance
Without Specific Reserves	570,000
Other | Real Estate Secured
Total Balance
With Specific Reserves	2,565,000		2,311,000
Without Specific Reserves	14,939,000		14,634,000
Related Allowance
Related Allowance	377,000		349,000
Average Balance
With Specific Reserves	2,571,000		2,362,000
Without Specific Reserves	15,076,000		16,810,000
SBA Commercial | Commercial & Industrial
Total Balance
With Specific Reserves	1,128,000		1,098,000
Without Specific Reserves	280,000		298,000
Related Allowance
Related Allowance	721,000		733,000
Average Balance
With Specific Reserves	1,365,000		1,770,000
Without Specific Reserves	309,000		433,000
Other Commercial | Commercial & Industrial
Total Balance
With Specific Reserves	15,111,000		13,282,000
Without Specific Reserves	2,227,000		4,625,000
Related Allowance
Related Allowance	8,591,000		6,814,000
Average Balance
With Specific Reserves	15,614,000		14,124,000
Without Specific Reserves	$ 2,282,000		$ 6,877,000

Loans - Non-Performing Loans (D

Loans - Non-Performing Loans (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	$ 3,924,000		$ 4,883,000
60-89 Days Past Due	2,772,000		3,021,000
90 Days or More Past Due	12,890,000		9,029,000
Total Past Due	19,586,000		16,933,000
Total Past Due, SBA guaranteed portions	7,800,000		3,500,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	3,924,000		4,883,000
60-89 Days Past Due	2,772,000		3,021,000
90 Days or More Past Due	12,890,000		9,029,000
Total Past Due	19,586,000		16,933,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	25,201,000		21,694,000
Total Non-Performing Loans	246,353,000		200,370,000
Additional interest income from non-accrual loans	0	$ 0
Additional interest income that would have been recorded if nonperforming loans had been paid in accordance with their original terms	118,000	$ 111,000
Loans classified as special mention, substandard, and doubtful
Loans	246,353,000		200,370,000
Notes Receivable Small Business Administration Guaranteed Portion	10,700,000		6,500,000
Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	3,737,000		3,512,000
60-89 Days Past Due	2,191,000		1,117,000
90 Days or More Past Due	9,992,000		8,138,000
Total Past Due	15,920,000		12,767,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	3,737,000		3,512,000
60-89 Days Past Due	2,191,000		1,117,000
90 Days or More Past Due	9,992,000		8,138,000
Total Past Due	15,920,000		12,767,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	18,636,000		15,638,000
Total Non-Performing Loans	206,570,000		162,161,000
Loans classified as special mention, substandard, and doubtful
Loans	206,570,000		162,161,000
Acquired Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	187,000		1,371,000
60-89 Days Past Due	581,000		1,904,000
90 Days or More Past Due	2,898,000		891,000
Total Past Due	3,666,000		4,166,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	187,000		1,371,000
60-89 Days Past Due	581,000		1,904,000
90 Days or More Past Due	2,898,000		891,000
Total Past Due	3,666,000		4,166,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	6,565,000		6,056,000
Total Non-Performing Loans	39,783,000		38,209,000
Loans classified as special mention, substandard, and doubtful
Loans	39,783,000		38,209,000
Special Mention
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	161,119,000		120,019,000
Loans classified as special mention, substandard, and doubtful
Loans	161,119,000		120,019,000
Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	136,253,000		96,753,000
Loans classified as special mention, substandard, and doubtful
Loans	136,253,000		96,753,000
Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	24,866,000		23,266,000
Loans classified as special mention, substandard, and doubtful
Loans	24,866,000		23,266,000
Substandard
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	85,193,000		80,310,000
Loans classified as special mention, substandard, and doubtful
Loans	85,193,000		80,310,000
Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	70,317,000		65,408,000
Loans classified as special mention, substandard, and doubtful
Loans	70,317,000		65,408,000
Substandard | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	14,876,000		14,902,000
Loans classified as special mention, substandard, and doubtful
Loans	14,876,000		14,902,000
Doubtful
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	41,000		41,000
Loans classified as special mention, substandard, and doubtful
Loans	41,000		41,000
Doubtful | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	41,000		41,000
Loans classified as special mention, substandard, and doubtful
Loans	41,000		41,000
Nonaccrual Financing Receivable
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	315,000		568,000
60-89 Days Past Due	1,281,000		1,378,000
90 Days or More Past Due	12,890,000		9,029,000
Total Past Due	14,486,000		10,975,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	315,000		568,000
60-89 Days Past Due	1,281,000		1,378,000
90 Days or More Past Due	12,890,000		9,029,000
Total Past Due	14,486,000		10,975,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	25,201,000		21,694,000
Loans classified as special mention, substandard, and doubtful
Loans	25,201,000		21,694,000
Nonaccrual Financing Receivable | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	253,000		208,000
60-89 Days Past Due	700,000		284,000
90 Days or More Past Due	9,992,000		8,138,000
Total Past Due	10,945,000		8,630,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	253,000		208,000
60-89 Days Past Due	700,000		284,000
90 Days or More Past Due	9,992,000		8,138,000
Total Past Due	10,945,000		8,630,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	18,636,000		15,638,000
Loans classified as special mention, substandard, and doubtful
Loans	18,636,000		15,638,000
Nonaccrual Financing Receivable | Acquired Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	62,000		360,000
60-89 Days Past Due	581,000		1,094,000
90 Days or More Past Due	2,898,000		891,000
Total Past Due	3,541,000		2,345,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	62,000		360,000
60-89 Days Past Due	581,000		1,094,000
90 Days or More Past Due	2,898,000		891,000
Total Past Due	3,541,000		2,345,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	6,565,000		6,056,000
Loans classified as special mention, substandard, and doubtful
Loans	6,565,000		6,056,000
Real Estate Secured | Residential | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
90 Days or More Past Due	280,000		282,000
Total Past Due	280,000		282,000
Non-Accrual Loans 30 Days or More Past Due:
90 Days or More Past Due	280,000		282,000
Total Past Due	280,000		282,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	318,000		320,000
Total Non-Performing Loans	5,965,000		6,011,000
Loans classified as special mention, substandard, and doubtful
Loans	5,965,000		6,011,000
Real Estate Secured | Residential | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	2,537,000		5,019,000
Loans classified as special mention, substandard, and doubtful
Loans	2,537,000		5,019,000
Real Estate Secured | Residential | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	3,428,000		992,000
Loans classified as special mention, substandard, and doubtful
Loans	3,428,000		992,000
Real Estate Secured | Residential | Nonaccrual Financing Receivable | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	318,000		320,000
Loans classified as special mention, substandard, and doubtful
Loans	318,000		320,000
Real Estate Secured | SBA Real Estate | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	2,669,000		2,787,000
60-89 Days Past Due	548,000		236,000
90 Days or More Past Due	921,000		829,000
Total Past Due	4,138,000		3,852,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	2,669,000		2,787,000
60-89 Days Past Due	548,000		236,000
90 Days or More Past Due	921,000		829,000
Total Past Due	4,138,000		3,852,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	1,609,000		2,140,000
Total Non-Performing Loans	13,631,000		13,744,000
Loans classified as special mention, substandard, and doubtful
Loans	13,631,000		13,744,000
Real Estate Secured | SBA Real Estate | Acquired Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	179,000		915,000
60-89 Days Past Due			754,000
90 Days or More Past Due	1,007,000		151,000
Total Past Due	1,186,000		1,820,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	179,000		915,000
60-89 Days Past Due			754,000
90 Days or More Past Due	1,007,000		151,000
Total Past Due	1,186,000		1,820,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	2,099,000		1,691,000
Total Non-Performing Loans	5,705,000		5,837,000
Loans classified as special mention, substandard, and doubtful
Loans	5,705,000		5,837,000
Real Estate Secured | SBA Real Estate | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	4,349,000		3,702,000
Loans classified as special mention, substandard, and doubtful
Loans	4,349,000		3,702,000
Real Estate Secured | SBA Real Estate | Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	1,474,000		1,237,000
Loans classified as special mention, substandard, and doubtful
Loans	1,474,000		1,237,000
Real Estate Secured | SBA Real Estate | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	9,282,000		10,042,000
Loans classified as special mention, substandard, and doubtful
Loans	9,282,000		10,042,000
Real Estate Secured | SBA Real Estate | Substandard | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	4,190,000		4,559,000
Loans classified as special mention, substandard, and doubtful
Loans	4,190,000		4,559,000
Real Estate Secured | SBA Real Estate | Doubtful | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	41,000		41,000
Loans classified as special mention, substandard, and doubtful
Loans	41,000		41,000
Real Estate Secured | SBA Real Estate | Nonaccrual Financing Receivable | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	1,609,000		2,140,000
Loans classified as special mention, substandard, and doubtful
Loans	1,609,000		2,140,000
Real Estate Secured | SBA Real Estate | Nonaccrual Financing Receivable | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	2,099,000		1,691,000
Loans classified as special mention, substandard, and doubtful
Loans	2,099,000		1,691,000
Real Estate Secured | Gas Station | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	5,723,000		5,771,000
Loans classified as special mention, substandard, and doubtful
Loans	5,723,000		5,771,000
Real Estate Secured | Gas Station | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	776,000		781,000
Loans classified as special mention, substandard, and doubtful
Loans	776,000		781,000
Real Estate Secured | Gas Station | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	2,810,000		2,829,000
Loans classified as special mention, substandard, and doubtful
Loans	2,810,000		2,829,000
Real Estate Secured | Gas Station | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	2,913,000		2,942,000
Loans classified as special mention, substandard, and doubtful
Loans	2,913,000		2,942,000
Real Estate Secured | Gas Station | Substandard | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	776,000		781,000
Loans classified as special mention, substandard, and doubtful
Loans	776,000		781,000
Real Estate Secured | Carwash | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
90 Days or More Past Due	769,000		769,000
Total Past Due	769,000		769,000
Non-Accrual Loans 30 Days or More Past Due:
90 Days or More Past Due	769,000		769,000
Total Past Due	769,000		769,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	769,000		770,000
Total Non-Performing Loans	8,997,000		9,055,000
Loans classified as special mention, substandard, and doubtful
Loans	8,997,000		9,055,000
Real Estate Secured | Carwash | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	4,334,000		4,395,000
Loans classified as special mention, substandard, and doubtful
Loans	4,334,000		4,395,000
Real Estate Secured | Carwash | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	8,227,000		8,286,000
Loans classified as special mention, substandard, and doubtful
Loans	8,227,000		8,286,000
Real Estate Secured | Carwash | Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	4,334,000		4,395,000
Loans classified as special mention, substandard, and doubtful
Loans	4,334,000		4,395,000
Real Estate Secured | Carwash | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	770,000		769,000
Loans classified as special mention, substandard, and doubtful
Loans	770,000		769,000
Real Estate Secured | Carwash | Nonaccrual Financing Receivable | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	769,000		770,000
Loans classified as special mention, substandard, and doubtful
Loans	769,000		770,000
Real Estate Secured | Hotel/Motel | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
60-89 Days Past Due	142,000		530,000
90 Days or More Past Due	494,000
Total Past Due	636,000		530,000
Non-Accrual Loans 30 Days or More Past Due:
60-89 Days Past Due	142,000		530,000
90 Days or More Past Due	494,000
Total Past Due	636,000		530,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	1,416,000		943,000
Total Non-Performing Loans	6,318,000		6,467,000
Loans classified as special mention, substandard, and doubtful
Loans	6,318,000		6,467,000
Real Estate Secured | Hotel/Motel | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	2,947,000		2,970,000
Loans classified as special mention, substandard, and doubtful
Loans	2,947,000		2,970,000
Real Estate Secured | Hotel/Motel | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	4,698,000		4,727,000
Loans classified as special mention, substandard, and doubtful
Loans	4,698,000		4,727,000
Real Estate Secured | Hotel/Motel | Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	2,792,000		2,811,000
Loans classified as special mention, substandard, and doubtful
Loans	2,792,000		2,811,000
Real Estate Secured | Hotel/Motel | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	1,620,000		1,740,000
Loans classified as special mention, substandard, and doubtful
Loans	1,620,000		1,740,000
Real Estate Secured | Hotel/Motel | Substandard | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	155,000		159,000
Loans classified as special mention, substandard, and doubtful
Loans	155,000		159,000
Real Estate Secured | Hotel/Motel | Nonaccrual Financing Receivable | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	1,416,000		943,000
Loans classified as special mention, substandard, and doubtful
Loans	1,416,000		943,000
Real Estate Secured | Other | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	915,000
90 Days or More Past Due	6,983,000		3,030,000
Total Past Due	7,898,000		3,030,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	915,000
90 Days or More Past Due	6,983,000		3,030,000
Total Past Due	7,898,000		3,030,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	10,378,000		6,131,000
Total Non-Performing Loans	92,428,000		73,175,000
Loans classified as special mention, substandard, and doubtful
Loans	92,428,000		73,175,000
Real Estate Secured | Other | Acquired Loans
Delinquent loans, including non-accrual loans 30 days or more past due
60-89 Days Past Due	500,000		788,000
90 Days or More Past Due	1,518,000		732,000
Total Past Due	2,018,000		1,520,000
Non-Accrual Loans 30 Days or More Past Due:
60-89 Days Past Due	500,000		788,000
90 Days or More Past Due	1,518,000		732,000
Total Past Due	2,018,000		1,520,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	3,418,000		3,427,000
Total Non-Performing Loans	22,196,000		19,709,000
Loans classified as special mention, substandard, and doubtful
Loans	22,196,000		19,709,000
Real Estate Secured | Other | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	54,918,000		40,956,000
Loans classified as special mention, substandard, and doubtful
Loans	54,918,000		40,956,000
Real Estate Secured | Other | Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	15,106,000		13,009,000
Loans classified as special mention, substandard, and doubtful
Loans	15,106,000		13,009,000
Real Estate Secured | Other | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	37,510,000		32,219,000
Loans classified as special mention, substandard, and doubtful
Loans	37,510,000		32,219,000
Real Estate Secured | Other | Substandard | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	7,090,000		6,700,000
Loans classified as special mention, substandard, and doubtful
Loans	7,090,000		6,700,000
Real Estate Secured | Other | Nonaccrual Financing Receivable | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	10,378,000		6,131,000
Loans classified as special mention, substandard, and doubtful
Loans	10,378,000		6,131,000
Real Estate Secured | Other | Nonaccrual Financing Receivable | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	3,418,000		3,427,000
Loans classified as special mention, substandard, and doubtful
Loans	3,418,000		3,427,000
Real Estate Secured | Land | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	567,000		571,000
Loans classified as special mention, substandard, and doubtful
Loans	567,000		571,000
Real Estate Secured | Land | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans			571,000
Loans classified as special mention, substandard, and doubtful
Loans			571,000
Real Estate Secured | Land | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	567,000
Loans classified as special mention, substandard, and doubtful
Loans	567,000
Commercial & Industrial | SBA Commercial
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Accrual Loans, SBA guaranteed portions	9,300,000		5,000,000
Commercial & Industrial | SBA Commercial | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	105,000		658,000
60-89 Days Past Due	521,000		351,000
90 Days or More Past Due	44,000
Total Past Due	670,000		1,009,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	105,000		658,000
60-89 Days Past Due	521,000		351,000
90 Days or More Past Due	44,000
Total Past Due	670,000		1,009,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	263,000		284,000
Total Non-Performing Loans	2,875,000		2,975,000
Loans classified as special mention, substandard, and doubtful
Loans	2,875,000		2,975,000
Commercial & Industrial | SBA Commercial | Acquired Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	8,000		415,000
60-89 Days Past Due	81,000		57,000
90 Days or More Past Due	128,000		8,000
Total Past Due	217,000		480,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	8,000		415,000
60-89 Days Past Due	81,000		57,000
90 Days or More Past Due	128,000		8,000
Total Past Due	217,000		480,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	218,000		25,000
Total Non-Performing Loans	1,155,000		1,253,000
Loans classified as special mention, substandard, and doubtful
Loans	1,155,000		1,253,000
Commercial & Industrial | SBA Commercial | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	1,200,000		1,162,000
Loans classified as special mention, substandard, and doubtful
Loans	1,200,000		1,162,000
Commercial & Industrial | SBA Commercial | Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	198,000		219,000
Loans classified as special mention, substandard, and doubtful
Loans	198,000		219,000
Commercial & Industrial | SBA Commercial | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	1,675,000		1,813,000
Loans classified as special mention, substandard, and doubtful
Loans	1,675,000		1,813,000
Commercial & Industrial | SBA Commercial | Substandard | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	957,000		1,034,000
Loans classified as special mention, substandard, and doubtful
Loans	957,000		1,034,000
Commercial & Industrial | SBA Commercial | Nonaccrual Financing Receivable | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	263,000		284,000
Loans classified as special mention, substandard, and doubtful
Loans	263,000		284,000
Commercial & Industrial | SBA Commercial | Nonaccrual Financing Receivable | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	218,000		25,000
Loans classified as special mention, substandard, and doubtful
Loans	218,000		25,000
Commercial & Industrial | Other Commercial | Legacy Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due	48,000		67,000
60-89 Days Past Due	980,000
90 Days or More Past Due	501,000		3,228,000
Total Past Due	1,529,000		3,295,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due	48,000		67,000
60-89 Days Past Due	980,000
90 Days or More Past Due	501,000		3,228,000
Total Past Due	1,529,000		3,295,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	3,883,000		5,050,000
Total Non-Performing Loans	69,997,000		44,319,000
Loans classified as special mention, substandard, and doubtful
Loans	69,997,000		44,319,000
Commercial & Industrial | Other Commercial | Acquired Loans
Delinquent loans, including non-accrual loans 30 days or more past due
30-59 Days Past Due			41,000
60-89 Days Past Due			305,000
90 Days or More Past Due	245,000
Total Past Due	245,000		346,000
Non-Accrual Loans 30 Days or More Past Due:
30-59 Days Past Due			41,000
60-89 Days Past Due			305,000
90 Days or More Past Due	245,000
Total Past Due	245,000		346,000
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Non-Accrual Loans	830,000		913,000
Total Non-Performing Loans	2,560,000		3,150,000
Loans classified as special mention, substandard, and doubtful
Loans	2,560,000		3,150,000
Commercial & Industrial | Other Commercial | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	57,445,000		29,428,000
Loans classified as special mention, substandard, and doubtful
Loans	57,445,000		29,428,000
Commercial & Industrial | Other Commercial | Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	852,000		1,481,000
Loans classified as special mention, substandard, and doubtful
Loans	852,000		1,481,000
Commercial & Industrial | Other Commercial | Substandard | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	12,552,000		14,891,000
Loans classified as special mention, substandard, and doubtful
Loans	12,552,000		14,891,000
Commercial & Industrial | Other Commercial | Substandard | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	1,708,000		1,669,000
Loans classified as special mention, substandard, and doubtful
Loans	1,708,000		1,669,000
Commercial & Industrial | Other Commercial | Nonaccrual Financing Receivable | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	3,883,000		5,050,000
Loans classified as special mention, substandard, and doubtful
Loans	3,883,000		5,050,000
Commercial & Industrial | Other Commercial | Nonaccrual Financing Receivable | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	830,000		913,000
Loans classified as special mention, substandard, and doubtful
Loans	830,000		913,000
Consumer | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	69,000		73,000
Loans classified as special mention, substandard, and doubtful
Loans	69,000		73,000
Consumer | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	110,000		114,000
Loans classified as special mention, substandard, and doubtful
Loans	110,000		114,000
Consumer | Special Mention | Legacy Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	69,000		73,000
Loans classified as special mention, substandard, and doubtful
Loans	69,000		73,000
Consumer | Special Mention | Acquired Loans
Non-performing loans consisting of non-accrual loans and loans past due 90 days or more and still accruing
Total Non-Performing Loans	110,000		114,000
Loans classified as special mention, substandard, and doubtful
Loans	$ 110,000		$ 114,000

Loans - Troubled Debt Restructu

Loans - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)loan	Mar. 31, 2015USD ($)loan	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Troubled debt restructurings
Total TDR Loans	$ 37,992	$ 37,110	$ 38,391	$ 37,992
SBA guaranteed portion of total recorded investment of TDR loans			2,400	2,400
Roll-forward of TDR loans
Balance at Beginning of Period	37,992	37,110
New TDR Loans Added	2,861	5,767
Reductions Due to Sales		(991)
TDR Loans Paid Off	(121)	(742)
Reductions Due to Charge-Offs	(39)	(136)
Other Changes (Payments, Amortization, & Other)	(2,302)	(714)
Balance at End of Period	38,391	40,294
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	2,945	5,782
Post-Modification Balance:	$ 2,861	$ 5,767
Number of Loans | loan	11	8
TDR loans modified during the past 12 months that had a payment default during current period
Pre-Modification Balance:	$ 4,679	$ 1,145
Post-Modification Balance:	$ 4,679	$ 1,107
Number of loans | loan	1	2,000
Minimum
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Period of interest only payment concessions	3 months
TDR loans modified during the past 12 months that had a payment default during current period
Delinquent period of TDRs to be considered as non-performing	90 days
Maximum
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Period of interest only payment concessions	6 months
Principal Concession
Troubled debt restructurings
Total TDR Loans	$ 12,893		11,982	12,893
Roll-forward of TDR loans
Balance at Beginning of Period	12,893
Balance at End of Period	11,982
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	274	$ 20
Post-Modification Balance:	$ 223	$ 20
Number of Loans | loan	3	1
TDR loans modified during the past 12 months that had a payment default during current period
Pre-Modification Balance:		$ 1,121
Post-Modification Balance:		$ 1,107
Number of loans | loan		1,000
Term or Maturity Concession
Troubled debt restructurings
Total TDR Loans	$ 23,331		24,501	23,331
Roll-forward of TDR loans
Balance at Beginning of Period	23,331
Balance at End of Period	24,501
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	2,317	$ 5,360
Post-Modification Balance:	$ 2,284	$ 5,345
Number of Loans | loan	7	6
TDR loans modified during the past 12 months that had a payment default during current period
Pre-Modification Balance:	$ 4,679	$ 24
Post-Modification Balance:	$ 4,679
Number of loans | loan	1	1,000
Interest Rate Concession
Troubled debt restructurings
Total TDR Loans	$ 1,768		1,908	1,768
Roll-forward of TDR loans
Balance at Beginning of Period	1,768
Balance at End of Period	1,908
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	354	$ 402
Post-Modification Balance:	$ 354	$ 402
Number of Loans | loan	1	1
Nonaccrual Financing Receivable
Troubled debt restructurings
Total TDR Loans	$ 8,200		11,300	8,200
Roll-forward of TDR loans
Balance at Beginning of Period	8,200
Balance at End of Period	11,300
Performing Financing Receivable
Troubled debt restructurings
Total TDR Loans	29,800		27,100	29,800
Roll-forward of TDR loans
Balance at Beginning of Period	29,800
Balance at End of Period	27,100
Real Estate Secured
Troubled debt restructurings
Total TDR Loans	22,311		23,376	22,311
Roll-forward of TDR loans
Balance at Beginning of Period	22,311
Balance at End of Period	23,376
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	1,951	$ 5,337
Post-Modification Balance:	$ 1,924	$ 5,323
Number of Loans | loan	5	3
TDR loans modified during the past 12 months that had a payment default during current period
Pre-Modification Balance:	$ 4,679
Post-Modification Balance:	$ 4,679
Number of loans | loan	1
Real Estate Secured | Principal Concession
Troubled debt restructurings
Total TDR Loans	$ 10,894		10,846	10,894
Roll-forward of TDR loans
Balance at Beginning of Period	10,894
Balance at End of Period	10,846
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	54
Post-Modification Balance:	$ 54
Number of Loans | loan	1
Real Estate Secured | Term or Maturity Concession
Troubled debt restructurings
Total TDR Loans	$ 11,417		12,530	11,417
Roll-forward of TDR loans
Balance at Beginning of Period	11,417
Balance at End of Period	12,530
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	1,897	$ 4,935
Post-Modification Balance:	$ 1,870	$ 4,921
Number of Loans | loan	4	2
TDR loans modified during the past 12 months that had a payment default during current period
Pre-Modification Balance:	$ 4,679
Post-Modification Balance:	$ 4,679
Number of loans | loan	1
Real Estate Secured | Interest Rate Concession
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:		$ 402
Post-Modification Balance:		$ 402
Number of Loans | loan		1
Commercial & Industrial
Troubled debt restructurings
Total TDR Loans	$ 15,681		15,015	15,681
Roll-forward of TDR loans
Balance at Beginning of Period	15,681
Balance at End of Period	15,015
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	994	$ 445
Post-Modification Balance:	$ 937	$ 444
Number of Loans | loan	6	5
Commercial & Industrial | Principal Concession
Troubled debt restructurings
Total TDR Loans	$ 1,999		1,136	1,999
Roll-forward of TDR loans
Balance at Beginning of Period	1,999
Balance at End of Period	1,136
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	220	$ 20
Post-Modification Balance:	$ 169	$ 20
Number of Loans | loan	2	1
Commercial & Industrial | Term or Maturity Concession
Troubled debt restructurings
Total TDR Loans	$ 11,914		11,971	11,914
Roll-forward of TDR loans
Balance at Beginning of Period	11,914
Balance at End of Period	11,971
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	420	$ 425
Post-Modification Balance:	$ 414	$ 424
Number of Loans | loan	3	4
Commercial & Industrial | Interest Rate Concession
Troubled debt restructurings
Total TDR Loans	$ 1,768		$ 1,908	$ 1,768
Roll-forward of TDR loans
Balance at Beginning of Period	1,768
Balance at End of Period	1,908
Pre-modification and post-modification balances and types of concession given for newly modified TDR loans
Pre-Modification Balance:	354
Post-Modification Balance:	$ 354
Number of Loans | loan	1

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Numerator:
NET INCOME	$ 13,190	$ 18,619
Denominator for basic earnings per share:
Weighted-average shares	78,674,604	78,326,505
Effect of dilutive securities:
Stock option dilution (in shares)	299,844	328,860
Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed conversions	78,974,448	78,655,365
Basic earnings per common share (in dollars per share)	$ 0.17	$ 0.24
Diluted earnings per common share (in dollars per share)	$ 0.17	$ 0.24
Antidilutive Securities Excluded From Computation Of Earnings Per Share
Antidilutive stock option awards excluded from earnings per common share calculation (in shares)	194,951	252,900

FHLB Advances and Junior Subo47

FHLB Advances and Junior Subordinated Debentures - FHLB Borrowings (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
FHLB Borrowings
Maximum FHLB advances as a percentage of total assets based on qualifying collateral	30.00%
Borrowing outstanding	$ 200,000	$ 220,000
Average balance during the quarter	200,659	151,848
Maximum amount outstanding at any month-end	$ 200,000	$ 220,000
Average interest rate during the quarter (as a percent)	1.80%	2.18%
Weighted average interest rate at quarter-end	1.83%	1.63%
Standard Credit Program
FHLB Borrowings
Actual borrowing capacity	$ 1,410,000
Borrowing outstanding	200,000
Remaining capacity	1,200,000
Standard Credit Program | Federal Home Loan Bank Advances Issued 22 September 2014
FHLB Borrowings
Borrowing outstanding	$ 50,000
Rate (as a percent)	1.87%
Interest Rate base	3 Month LIBOR
Debt Instrument, Basis Spread on Variable Rate	1.2425%
Interest rate cap (as a percent)	1.00%
Standard Credit Program | Federal Home Loan Bank Advances Issued 22 September 2015
FHLB Borrowings
Borrowing outstanding	$ 100,000
Rate (as a percent)	2.48%
Interest Rate base	Fixed Rate Advance
Standard Credit Program | Federal Home Loan Bank Advances Issued 29 December 2015
FHLB Borrowings
Borrowing outstanding	$ 50,000
Rate (as a percent)	0.48%
Interest Rate base	Variable

FHLB Advances and Junior Subo48

FHLB Advances and Junior Subordinated Debentures - Junior Subordinated Debentures (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2007	Dec. 31, 2015	Nov. 20, 2013	Mar. 31, 2007	Dec. 31, 2005
Junior subordinated debentures
Junior subordinated debentures	$ 72,077		$ 72,016
Junior Subordinated Debt
Junior subordinated debentures
Junior subordinated debentures	72,077
Junior subordinated debentures issued						$ 77,300
Amount of trust preferred securities issued		$ 75,000
Junior Subordinated Debt | Wilshire Statutory Trust II
Junior subordinated debentures
Junior subordinated debentures	$ 20,619
Interest Rate base	3 Month LIBOR
Interest Rate margin (as a percent)	1.79%
Current Rate (as a percent)	2.432%
Right to redeem debentures	$ 20,600
Junior Subordinated Debt | Wilshire Statutory Trust III
Junior subordinated debentures
Junior subordinated debentures	$ 15,464
Interest Rate base	3 Month LIBOR
Interest Rate margin (as a percent)	1.40%
Current Rate (as a percent)	2.034%
Right to redeem debentures	$ 15,500
Junior Subordinated Debt | Wilshire Statutory Trust IV
Junior subordinated debentures
Junior subordinated debentures	$ 25,774
Interest Rate base	3 Month LIBOR
Interest Rate margin (as a percent)	1.38%
Current Rate (as a percent)	2.014%
Right to redeem debentures	$ 25,800
Junior Subordinated Debt | Saehan Capital Trust I
Junior subordinated debentures
Junior subordinated debentures	$ 10,220			$ 9,700
Junior subordinated debentures issued					$ 20,600
Discount on junior subordinated debenture acquired				$ 10,900
Interest Rate base	3 Month LIBOR
Interest Rate margin (as a percent)	1.62%
Current Rate (as a percent)	2.249%
Right to redeem debentures	$ 20,600

Accumulated Other Comprehensi49

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Changes to accumulated other comprehensive income by components
Balance at beginning of period	$ 3,286	$ 4,453
Other comprehensive income before reclassification	6,573	2,163
Reclassifications from other comprehensive income	0	0
Tax effect of current period changes	(2,760)	(904)
Current period changes net of taxes	3,813	1,259
Balance at end of period	7,099	5,712
Accumulated Net Unrealized Investment Gain
Changes to accumulated other comprehensive income by components
Balance at beginning of period	3,465	4,649
Other comprehensive income before reclassification	6,577	2,148
Tax effect of current period changes	(2,767)	(903)
Current period changes net of taxes	3,810	1,245
Balance at end of period	7,275	5,894
Accumulated Net Unrealized Interest Only Strip Gain (Loss)
Changes to accumulated other comprehensive income by components
Balance at beginning of period	266	299
Other comprehensive income before reclassification	(17)	2
Tax effect of current period changes	7	(1)
Current period changes net of taxes	(10)	1
Balance at end of period	256	300
Accumulated Unrecognized Prior Service Cost on Bank Owned Life Insurance
Changes to accumulated other comprehensive income by components
Balance at beginning of period	(445)	(495)
Other comprehensive income before reclassification	13	13
Current period changes net of taxes	13	13
Balance at end of period	$ (432)	$ (482)

Commitments and Contingencies50

Commitments and Contingencies (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Commitments and Contingencies
Total accrued loss contingencies for all legal claims	$ 120,000	$ 120,000	$ 135,000
Interest rate lock commitments
Future commitments and contingencies related to lease payments and investments in affordable housing partnerships
Commitments outstanding	44,599,000	35,726,000
Commitments to Extend Credit
Future commitments and contingencies related to lease payments and investments in affordable housing partnerships
Commitments outstanding	507,681,000	470,004,000
Standby Letters of Credit
Future commitments and contingencies related to lease payments and investments in affordable housing partnerships
Commitments outstanding	15,353,000	14,960,000
Commercial Letters of Credit
Future commitments and contingencies related to lease payments and investments in affordable housing partnerships
Commitments outstanding	70,408,000	75,852,000
Commitments to Fund Investments in Affordable Housing Program Obligation
Future commitments and contingencies related to lease payments and investments in affordable housing partnerships
Commitments outstanding	15,189,000	15,730,000
Commitment to borrowing from the FHLB | Forward sale contracts related to mortgage banking
Future commitments and contingencies related to lease payments and investments in affordable housing partnerships
Commitments outstanding	26,960,000	17,103,000
Lease Agreements
Future commitments and contingencies related to lease payments and investments in affordable housing partnerships
Commitments outstanding	$ 22,453,000	$ 23,561,000

Income Tax Provision (Details)

Income Tax Provision (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Income Tax Provision
Income Tax Provision	$ 7,224,000	$ 10,230,000
Pretax income	$ 20,414,000	$ 28,849,000
Effective tax rate (as a percent)	35.40%	35.50%
Unrecognized tax benefit	$ 1,700,000		$ 1,700,000
Uncertain tax positions	38,000
Interest expense associated with unrecognized tax benefits	5,000
Accrued interest payable associated with unrecognized tax benefits	$ 159,000		$ 154,000