Hanmi Financial (HAFC) 10-K1 Mar 212020 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Dec. 31, 2020	Feb. 22, 2021	Apr. 28, 2020
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Trading Symbol	HAFC
Entity Registrant Name	HANMI FINANCIAL CORPORATION
Entity Central Index Key	0001109242
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
ICFR Auditor Attestation Flag	true
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		30,716,567
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	000-30421
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4788120
Entity Address, Address Line One	900 Wilshire Boulevard
Entity Address, Address Line Two	Suite 1250
Entity Address, City or Town	Los Angeles
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90017
City Area Code	213
Local Phone Number	382-2200
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, $0.001 Par Value
Security Exchange Name	NASDAQ
Document Annual Report	true
Document Transition Report	false
Entity Public Float			$ 352,978,609
Documents Incorporated by Reference	Documents Incorporated By Reference Herein: Sections of the Registrant’s Definitive Proxy Statement for its 2021 Annual Meeting of Stockholders, which will be filed within 120 days of the fiscal year ended December 31, 2020, are incorporated by reference into Part III of this report (or information will be provided by amendment to this Form 10-K), as noted therein.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 391,849	$ 121,678
Securities available for sale, at fair value (amortized cost of $749,458 as of December 31, 2020 and $629,725 as of December 31, 2019)	753,781	634,477
Loans held for sale, at the lower of cost or fair value	8,568	6,020
Loans receivable, net of allowance for credit losses of $90,426 as of December 31, 2020 and $61,408 as of December 31, 2019	4,789,742	4,548,739
Accrued interest receivable	16,363	11,742
Premises and equipment, net	26,431	26,070
Customers' liability on acceptances	1,319	66
Servicing assets	6,212	6,956
Goodwill and other intangible assets, net	11,612	11,873
Federal Home Loan Bank ("FHLB") stock, at cost	16,385	16,385
Income tax assets	42,704	36,787
Bank-owned life insurance	53,894	52,782
Prepaid expenses and other assets	83,028	64,609
Total assets	6,201,888	5,538,184
Deposits:
Noninterest-bearing	1,898,766	1,391,624
Interest-bearing	3,376,242	3,307,338
Total deposits	5,275,008	4,698,962
Accrued interest payable	4,564	11,215
Bank's liability on acceptances	1,319	66
Borrowings	150,000	90,000
Subordinated debentures ($126,800 face amount less unamortized discount and debt issuance costs of $7,828) as of December 31, 2020 and ($126,800 face amount less unamortized discount and debt issuance costs of $8,423) as of December 31, 2019	118,972	118,377
Accrued expenses and other liabilities	74,981	56,297
Total liabilities	5,624,844	4,974,917
Stockholders' equity:
Preferred Stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of December 31, 2020 and December 31, 2019
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,560,801 shares (30,717,835 shares outstanding) as of December 31, 2020 and 33,475,402 shares (30,799,624 shares outstanding) as of December 31, 2019	33	33
Additional paid-in capital	578,360	575,816
Accumulated other comprehensive income, net of tax expense of $1,247 as of December 31, 2020 and $1,370 as of December 31, 2019	3,076	3,382
Retained earnings	114,621	100,551
Less: treasury stock; 2,842,966 shares as of December 31, 2020 and 2,675,778 shares as of December 31, 2019	(119,046)	(116,515)
Total stockholders' equity	577,044	563,267
Total liabilities and stockholders' equity	$ 6,201,888	$ 5,538,184

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Statement Of Financial Position [Abstract]
Amortized cost of securities available for sale	$ 749,458	$ 629,725
Loans receivable, allowance for credit losses	90,426	61,408
Face amount of subordinated debentures	126,800	126,800
Unamortized discount and debt issuance costs	$ 7,828	$ 8,423
Preferred stock par value (in USD per share)	$ 0.001	$ 0.001
Preferred stock authorized (shares)	10,000,000	10,000,000
Preferred stock issued (shares)	0	0
Common stock par value (in USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	62,500,000	62,500,000
Common stock issued (shares)	33,560,801	33,475,402
Common stock outstanding (shares)	30,717,835	30,799,624
Accumulated other comprehensive income (loss), tax benefit (expense)	$ 1,247	$ 1,370
Treasury stock (shares)	2,842,966	2,675,778

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Interest and dividend income:
Interest and fees on loans receivable	$ 211,836	$ 229,402	$ 219,590
Interest on securities	10,536	14,661	12,817
Dividends on FHLB stock	902	1,147	1,413
Interest on deposits in other banks	592	1,562	577
Total interest and dividend income	223,866	246,772	234,397
Interest expense:
Interest on deposits	33,994	63,105	43,080
Interest on borrowings	2,367	763	3,379
Interest on subordinated debentures	6,607	7,032	6,925
Total interest expense	42,968	70,900	53,384
Net interest income before credit loss expense	180,898	175,872	181,013
Credit loss expense	45,454	30,170	3,990
Net interest income after credit loss expense	135,444	145,702	177,023
Noninterest income:
Service charges on deposit accounts	8,485	9,951	10,000
Trade finance and other service charges and fees	4,033	4,786	4,616
Gain on sale of Small Business Administration ("SBA") loans	5,247	5,251	4,954
Net gain (loss) on sales of securities	15,712	1,295	(341)
Other operating income	9,627	6,269	5,291
Total noninterest income	43,104	27,552	24,520
Noninterest expense:
Salaries and employee benefits	66,988	67,900	69,435
Occupancy and equipment	18,283	17,064	15,944
Data processing	11,222	8,755	6,870
Professional fees	6,771	9,060	6,178
Supplies and communications	3,096	2,936	3,003
Advertising and promotion	2,671	3,797	4,041
Merger and integration costs			846
Other operating expenses	10,022	16,394	11,256
Total noninterest expense	119,053	125,906	117,573
Income before tax	59,495	47,348	83,970
Income tax expense	17,299	14,560	26,102
Net income	$ 42,196	$ 32,788	$ 57,868
Basic earnings per share	$ 1.38	$ 1.06	$ 1.80
Diluted earnings per share	$ 1.38	$ 1.06	$ 1.79
Weighted-average shares outstanding:
Basic	30,280,415	30,725,376	31,924,863
Diluted	30,280,415	30,760,422	32,051,333

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 42,196	$ 32,788	$ 57,868
Unrealized gain (loss) on securities:
Unrealized holding gain (loss) arising during period	15,283	14,583	(5,790)
Less: reclassification adjustment for net gain included in net income	(15,712)	(1,295)	(87)
Income tax benefit (expense) related to items of other comprehensive income	123	(3,827)	1,684
Other comprehensive income (loss), net of tax	(306)	9,461	(4,193)
Comprehensive income	$ 41,890	$ 42,249	$ 53,675

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect Period of Adoption Adjustment	Cumulative Effect Period of Adoption Adjusted Balance	Common Stock - Number of Shares, Shares Issued	Common Stock - Number of Shares, Shares IssuedCumulative Effect Period of Adoption Adjusted Balance	Common Stock - Number of Shares, Treasury Shares	Common Stock - Number of Shares, Treasury SharesCumulative Effect Period of Adoption Adjusted Balance	Additional Paid-in Capital	Additional Paid-in CapitalCumulative Effect Period of Adoption Adjusted Balance	Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss)Cumulative Effect Period of Adoption Adjustment	Accumulated Other Comprehensive Income (Loss)Cumulative Effect Period of Adoption Adjusted Balance	Retained Earnings	Retained EarningsCumulative Effect Period of Adoption Adjustment	Retained EarningsCumulative Effect Period of Adoption Adjusted Balance
Balance at beginning of period at Dec. 31, 2017	$ 562,477			$ 33		$ (71,889)		$ 565,627		$ (1,869)			$ 70,575
Balance at beginning of period (ASU 2018-02) at Dec. 31, 2017											$ (399)			$ 399
Balance at beginning of period (ASU 2016-01) at Dec. 31, 2017											$ 382			(382)
Beginning balance, shares issued (shares) at Dec. 31, 2017				33,083,133	33,083,133
Beginning balance, treasury stock (shares) at Dec. 31, 2017						(651,506)	(651,506)
Beginning balance, shares outstanding (shares) at Dec. 31, 2017				32,431,627	32,431,627
Adjusted balance at Dec. 31, 2017			$ 562,477		$ 33		$ (71,889)		$ 565,627			$ (1,886)			$ 70,592
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock options exercised	570							570
Stock options exercised (shares)				25,750
Restricted stock awards, net of forfeitures (shares)				93,486
Share-based compensation expense	3,515							3,515
Restricted stock surrendered due to employee tax liability	(680)					$ (680)
Restricted stock surrendered due to employee tax liability (shares)				(22,426)		(22,426)
Repurchase of common stock	(36,068)					$ (36,068)
Repurchase of common stock (shares)				(1,600,000)		(1,600,000)
Cash dividends declared (common stock, $0.96/share, $0.96/share, $0.00/share)	(30,921)												(30,921)
Net income	57,868												57,868
Change in unrealized gain (loss) on securities available for sale, net of income taxes	(4,193)									(4,193)
Balance at end of period at Dec. 31, 2018	552,568			$ 33		$ (108,637)		569,712		(6,079)			97,539
Balance at end of period (ASU 2016-13) at Dec. 31, 2018		$ (12,167)												$ (12,167)
Ending balance, shares issued (shares) at Dec. 31, 2018				33,202,369
Ending balance, treasury stock (shares) at Dec. 31, 2018						(2,273,932)
Ending balance, shares outstanding (shares) at Dec. 31, 2018				30,928,437
Adjusted balance at Dec. 31, 2018			$ 551,100		$ 33		$ (116,515)		$ 575,816			$ 3,382			$ 88,384
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock options exercised	2,979							2,979
Stock options exercised (shares)				181,900
Restricted stock awards, net of forfeitures (shares)				91,133
Share-based compensation expense	3,125							3,125
Restricted stock surrendered due to employee tax liability	(517)					$ (517)
Restricted stock surrendered due to employee tax liability (shares)				(26,846)		(26,846)
Repurchase of common stock	(7,362)					$ (7,362)
Repurchase of common stock (shares)				(375,000)		(375,000)
Cash dividends declared (common stock, $0.96/share, $0.96/share, $0.00/share)	(29,776)												(29,776)
Net income	32,788												32,788
Change in unrealized gain (loss) on securities available for sale, net of income taxes	9,461									9,461
Balance at end of period at Dec. 31, 2019	$ 563,267			$ 33		$ (116,515)		575,816		3,382			100,551
Ending balance, shares issued (shares) at Dec. 31, 2019				33,475,402	33,475,402
Ending balance, treasury stock (shares) at Dec. 31, 2019	(2,675,778)					(2,675,778)	2,675,778
Ending balance, shares outstanding (shares) at Dec. 31, 2019				30,799,624	30,799,624
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock awards, net of forfeitures (shares)				85,399
Share-based compensation expense	$ 2,544							2,544
Restricted stock surrendered due to employee tax liability	(335)					$ (335)
Restricted stock surrendered due to employee tax liability (shares)				(31,788)		(31,788)
Repurchase of common stock	(2,196)					$ (2,196)
Repurchase of common stock (shares)				(135,400)		(135,400)
Cash dividends declared (common stock, $0.96/share, $0.96/share, $0.00/share)	(15,960)												(15,960)
Net income	42,196												42,196
Change in unrealized gain (loss) on securities available for sale, net of income taxes	(306)									(306)
Balance at end of period at Dec. 31, 2020	$ 577,044			$ 33		$ (119,046)		$ 578,360		$ 3,076			$ 114,621
Ending balance, shares issued (shares) at Dec. 31, 2020				33,560,801
Ending balance, treasury stock (shares) at Dec. 31, 2020	(2,842,966)					(2,842,966)
Ending balance, shares outstanding (shares) at Dec. 31, 2020				30,717,835

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement Of Stockholders Equity [Abstract]
Common stock (in usd per share)	$ 0.52	$ 0.96	$ 0.96

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 42,196	$ 32,788	$ 57,868
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	10,952	9,532	11,111
Share-based compensation expense	2,544	3,125	3,515
Credit loss expense	45,454	30,170	3,990
(Gain) loss on sales of securities	(15,712)	(1,295)	341
Gain on sales of SBA loans	(5,247)	(5,251)	(4,954)
Origination of SBA loans held for sale	(71,692)	(76,765)	(79,146)
Proceeds from sales of SBA loans	63,805	74,866	82,133
Change in bank-owned life insurance	(1,112)	(1,121)	(1,107)
Change in prepaid expenses and other assets	(29,986)	(5,770)	404
Change in income tax assets	(2,004)	(4,859)	4,208
Change in accrued expenses and other liabilities	21,006	3,376	(1,728)
Net cash provided by (used in) operating activities	60,203	58,796	76,635
Cash flows from investing activities:
Purchases of securities available for sale	(837,264)	(320,815)	(141,351)
Proceeds from matured, called and repayment of securities	233,572	159,942	99,253
Proceeds from sales of securities available for sale	495,566	113,306	34,751
Purchases of loans receivable	(10,400)		(66,966)
Purchases of premises and equipment	(4,392)	(1,579)	(3,696)
Proceeds from disposition of premises and equipment	842	5,655
Proceeds from sales of other real estate owned ("OREO")	159	716	2,173
Change in loans receivable, excluding purchases	(285,670)	(1,770)	(235,731)
Net cash provided by (used in) investing activities	(407,587)	(44,545)	(311,567)
Cash flows from financing activities:
Change in deposits	576,046	(48,273)	398,581
Change in overnight borrowings	(15,000)	(75,000)	(95,000)
Proceeds from borrowings	75,000	110,000
Proceeds from exercise of stock options		2,979	570
Cash paid for surrender of vested shares due to employee tax liability	(335)	(517)	(680)
Repurchase of common stock	(2,196)	(7,362)	(36,068)
Cash dividends paid	(15,960)	(29,776)	(30,921)
Net cash (used in) provided by financing activities	617,555	(47,949)	236,482
Net increase (decrease) in cash and due from banks	270,171	(33,698)	1,550
Cash and due from banks at beginning of year	121,678	155,376	153,826
Cash and due from banks at end of period	391,849	121,678	155,376
Supplemental disclosures of cash flow information:
Interest expense paid	49,619	71,064	47,314
Income taxes paid	18,020	15,570	20,792
Non-cash activities:
Transfer of loans receivable to other real estate owned	2,652	248	938
Income tax (expense) benefit related to items of other comprehensive income	123	(3,827)	$ 1,684
Change in right-of-use asset obtained in exchange for lease liability	$ 23,207	$ 43,085

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 — Summary of Significant Accounting Policies Summary of Operations Hanmi Financial Corporation (“Hanmi Financial,” the “Company,” “we,” “us” or “our”) is the holding company of Hanmi Bank (the “Bank”). The Bank is a California state-chartered financial institution insured by the Federal Deposit Insurance Corporation (the “FDIC”). The Bank is a state nonmember bank and the FDIC is its primary federal bank regulator. The California Department of Financial Protection and Innovation is the Bank's primary state bank regulator. The Bank’s primary operations are related to traditional banking activities, including the acceptance of deposits and originating loans and investing in securities. The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American and other ethnic communities. The Bank’s full-service offices are located in markets where many of the businesses are run by immigrants and other minority groups. The Bank’s client base reflects the multi-ethnic composition of these communities. As of December 31, 2020, the Bank maintained a network of 35 full-service branch offices and 9 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Georgia and Washington State. Basis of Presentation The accounting and reporting policies of Hanmi Financial and subsidiaries conform, in all material respects, to U.S. generally accepted accounting principles (“GAAP”) and general practices within the banking industry. The information set forth in the following notes is presented on a continuing operations basis. The following is a summary of the significant accounting policies consistently applied in the preparation of the accompanying Consolidated Financial Statements. Principles of Consolidation The Consolidated Financial Statements include the accounts of Hanmi Financial and its wholly-owned subsidiary, the Bank and Hanmi Financial Corporation Statutory Trust I. All intercompany transactions and balances have been eliminated in consolidation. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The outbreak of COVID-19 has resulted in restrictions on travel and gatherings and restricted business activities. As a result, the operations and business results of the Company could be materially adversely affected. The extent to which the COVID-19 crisis may impact business activity or investment results will depend on future developments, which are highly uncertain and cannot be predicted, including new information which may emerge concerning the severity of the coronavirus and the actions required to contain the coronavirus or treat its impact, among others. This uncertainty may impact the accuracy of our significant estimates, which includes the allowance for credit losses, the allowance for credit losses related to off-balance sheet items, and the valuation of intangible assets including deferred tax assets, goodwill, and servicing assets. Reclassifications Certain amounts in the prior years' financial statements and related disclosures were reclassified to conform to the current year presentation with no effect on previously reported net income, stockholders’ equity or cash flows. Segment Reporting Through our branch network and lending units, we provide a broad range of financial services to individuals and companies. These services include demand, time and savings deposits; and commercial and industrial, real estate and consumer lending. While our chief decision makers monitor the revenue streams of our various products and services, operations are managed and financial performance is evaluated on a company-wide basis. Accordingly, we consider all of our operations to be aggregated in one reportable operating segment. Cash and Due from Banks Cash and due from banks include cash, deposits with other financial institutions, and federal funds sold. Net cash flows are reported for customer loan and deposit transactions, interest bearing deposits in other financial institutions, and federal funds purchased and repurchase agreements. Securities Securities are classified into three categories and accounted for as follows: (i) Securities that we have the positive intent and ability to hold to maturity are classified as “held to maturity” and reported at amortized cost; (ii) Securities that are bought and held principally for the purpose of selling them in the near future are classified as “trading securities” and reported at fair value. Unrealized gains and losses are recognized in earnings; (iii) Securities not classified as held to maturity or trading securities are classified as “available for sale” and reported at fair value. Unrealized gains and losses are reported either in earnings or as a separate component of stockholders’ equity as accumulated other comprehensive income, net of income taxes. Substantially all of the securities held by the Company are available for sale debt securities. For available-for-sale debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss is recorded and an allowance for credit losses is established, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as a provision for (or reversal of) credit loss expense. Losses are charged against the allowance when management believes the uncollectability of an available-for-sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available-for-sale debt securities totaled $1.2 million at December 31, 2020 and is excluded from the estimate of credit losses. Loans receivable Originated loans: Loans are primarily originated by the Company with the intent to hold them for investment and are stated at the principal amount outstanding, net of deferred fees and costs. Net deferred fees and costs include nonrefundable loan fees, direct loan origination costs and initial direct costs. Net deferred fees or costs are recognized as an adjustment to interest income over the contractual life of the loans using the effective interest method or taken into income when the related loans are paid off or sold. The amortization of loan fees or costs is discontinued when a loan is placed on nonaccrual status. Interest income is recorded on an accrual basis in accordance with the terms of the respective loan and includes prepayment penalties. Equipment leases are similar to commercial business loans in that the leases are typically made on the basis of the borrower’s ability to make repayment from the cash flows of the borrower’s business. Nonaccrual loans and nonperforming assets: Loans are placed on nonaccrual status when, in the opinion of management, the full timely collection of principal or interest is in doubt. Generally, the accrual of interest is discontinued when principal or interest payments become more than 90 days past due, unless management believes the loan is adequately collateralized and is in the process of collection. However, in certain instances, we may place a particular loan on nonaccrual status earlier, depending upon the individual circumstances surrounding the loan’s status. When an asset is placed on nonaccrual, previously accrued but unpaid interest is reversed against current income. Subsequent collections of cash are applied as principal reductions when received, except when the ultimate collectability of principal is probable, in which case interest payments are credited to income. Nonaccrual assets may be restored to accrual status when principal and interest become current and full repayment is expected, which generally occurs after sustained payment of six months. Interest income is recognized on the accrual basis for impaired loans not meeting the criteria for nonaccrual. Nonperforming assets consist of loans on nonaccrual status, loans 90 days or more past due and still accruing interest, loans restructured with troubled borrowers where the terms of repayment have been renegotiated resulting in a reduction or deferral of interest or principal, other real estate owned (“OREO”), and other repossessed personal property. Loans held for sale Loans originated, or transferred from loans receivable, and intended for sale in the secondary market are carried at the lower of aggregate cost or fair market value. Fair market value, if lower than cost, is determined based on valuations obtained from market participants or the value of underlying collateral, calculated individually. A valuation allowance is established if the market value of such loans is lower than their cost and net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Origination fees on loans held for sale, net of certain costs of processing and closing the loans, are deferred until the time of sale and are included in the computation of the gain or loss from the sale of the related loans. Allowance for credit losses Prior to January 1, 2020, the Company followed an “incurred loss” approach in determining the allowance for credit losses. On January 1, 2020, the Company adopted ASU 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaced the incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss (“CECL”) approach. See “Accounting Standards Adopted in 2020” for discussion of the Company’s 2020 policy for determining the allowance for credit losses under CECL. Under the incurred loss methodology, the allowance for loan losses represented management’s estimate of probable incurred losses inherent in the loan portfolio. Management’s estimates were based on: previous loss experience; growth, size and composition of the loan portfolio; the value of collateral; and current economic conditions. These estimates are inherently uncertain and depend on the outcome of future events. The allowance was determined through an analysis involving quantitative calculations based on historic loss rates and qualitative adjustments to account for risk and uncertainties, as well as general allowances and individual impairment calculations for certain individual loans. For 2019, the Company utilized a 35-quarter look-back period, anchored to the first quarter of 2012, with equal weighting to all quarters. Management determined it was appropriate to anchor the look-back period, in consideration for a prolonged period of low losses and the procyclical nature of provisioning. The anchoring allowed the Bank to better capture the economic cycle while improving the ability to measure losses. For 2018, the Bank utilized a 31-quarter look-back period. The estimated loss emergence period utilized in the Company’s loss migration analysis was 2.5 years. Moreover, the Company reevaluated the qualitative adjustments, adjusting to then-current condition in light of the lengthening of the business cycle and the continued improvement in credit metrics. To determine general allowance requirements, existing loans were divided into eleven general pools of risk-rated loans as well as three homogeneous loan pools. For risk-rated loans, a migration analysis allocated historical losses by loan pool and risk grade to determine risk factors for potential losses inherent in the loan portfolio. Since the homogeneous loans were bulk graded, the risk grade was not factored into the historical loss analysis. In addition, specific allowances were allocated for loans deemed “nonperforming.” When determining the appropriate level for allowance for credit losses, management considered qualitative adjustments for any factors that were likely to cause estimated losses associated with the Company’s portfolio to differ from historical loss experience, including, but not limited to, national and local economic and business conditions, volume and geographic concentrations, and problem loan trends. To systematically quantify the credit risk impact of trends and changes within the loan portfolio, a credit risk matrix was utilized. The qualitative factors were considered on a loan pool by loan pool basis subsequent to, and in conjunction with, a loss migration analysis. The credit risk matrix provided various scenarios with positive or negative impact on the portfolio along with corresponding basis points for qualitative adjustments. Loans were measured for impairment when it was probable that not all amounts, including principal and interest, were to be collected in accordance with the original contractual terms of the loan agreement. The amount of impairment and any subsequent changes were recorded through the provision for loan losses as an adjustment to the allowance for credit losses. Recoveries were applied to the allowance for credit losses when realized. The Company charged or credited the income statement for changes to the estimated allowance at least quarterly based upon the allowance need. In general, the Company recognized a charge off when management determined a loan was uncollectable. To determine if a loan should be charged off, possible sources of repayment were analyzed, including the potential for future cash flows from income or liquidation of other assets, the value of any collateral, and the strength of co-makers or guarantors. When these sources did not provide a reasonable probability that principal could be collected in full, the Company fully or partially charged off the loan. For real estate loans, including commercial term loans secured by collateral, a loan was considered nonperforming if the loan was 90 or more days past due. In a case where the fair value of collateral was less than the loan balance and the borrower had no other assets or income to support repayment, the amount of the deficiency was considered a loss and charged off. For commercial and industrial loans other than those secured by real estate, if the borrower was in the process of a bankruptcy filing in which the Company was an unsecured creditor or deemed virtually unsecured by lack of collateral equity or lien position and the borrower had no realizable equity in assets and prospects for recovery are negligible, the loan was considered a loss and charged off. Additionally, commercial and industrial unsecured loans that are more than 120 days past due were considered a loss and charged off. For unsecured consumer loans where the borrower files for bankruptcy, the loan was considered a loss within 60 days of receipt of notification of filing from the bankruptcy court. Other unsecured consumer loans are considered a loss if they were more than 90 days past due. Other events, such as fraud or death result in charge offs being recorded in an earlier period. Credit Losses on Off-Balance Sheet Credit Exposures The Company has credit loss exposure for off-balance sheet lending commitments and letters of credit. The Company estimates expected credit losses for off-balance sheet exposures over the contractual period in which it is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Adjustments to the allowance for credit losses on off-balance sheet credit exposures is recognized as a provision for credit loss expense. Individually Evaluated Loans Prior to the adoption of ASU 2016-13, impaired loans were measured based on the present value of expected future cash flows discounted at the loan's effective interest rate or, as a practical expedient, at the loan's observable market price or the fair value of the collateral if the loan was collateral dependent, less estimated costs to sell. If the estimated value of the impaired loan was less than the recorded investment in the loan, the Company charged-off the deficiency against the allowance for loan losses or we established a specific allowance in the allowance for loan losses. Additionally, we excluded from the quarterly migration analysis impaired loans when determining the amount of the allowance for loan losses required for the period. Under ASU 2016-13, the Company reviews all loans on an individual basis when they do not share similar risk characteristics with loan pools. Troubled Debt Restructuring A loan is identified as a TDR when a borrower is experiencing financial difficulties and, for economic or legal reasons related to these difficulties, the Company grants a concession to the borrower in the restructuring that it would not otherwise consider. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. The Company has granted a concession when, as a result of the restructuring, it does not expect to collect all amounts due, including principal and/or interest accrued at the original terms of the loan. The concessions may be granted in various forms, including a below-market change in the stated interest rate, a reduction in the loan balance or accrued interest, an extension of the maturity date, or a note split with principal forgiveness. TDRs are reviewed for potential impairment. Generally, a nonaccrual loan that is restructured remains on nonaccrual status for a period of six months to demonstrate that the borrower can perform under the restructured terms. If the borrower’s performance under the new terms is not reasonably assured, the loan remains classified as a nonaccrual loan. Loans classified as TDRs are reported as impaired loans. Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation and amortization are computed on the straight-line method over the estimated useful lives of the various classes of assets. The ranges of useful lives for the principal classes of assets are as follows: Buildings and improvements 10 to 30 years Furniture and equipment 3 to 10 years Leasehold improvements Term of lease or useful life, whichever is shorter Software 3 years Impairment of Long-Lived Assets We review long-lived assets and certain identifiable intangibles for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net undiscounted cash flows expected to be generated by the asset. If such assets are considered to be nonperforming, the individual amount to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. Other Real Estate Owned and Repossessed Personal Property Other real estate owned includes real estate acquired through foreclosure and other real estate holdings that are not used in the operation of the Company’s business. Other repossessed personal property primarily consists of repossessed leasing equipment. Other real estate owned and repossessed personal property are recorded at the lower of cost or fair value less estimated costs to sell. Subsequent declines in fair value are recorded through expense. Servicing Assets and Servicing liabilities Servicing assets and servicing liabilities are initially recorded at fair value. The fair values of servicing assets and servicing liabilities represent either the price paid if purchased, or the allocated carrying amounts based on relative values when retained in a sale. Servicing assets and servicing liabilities are amortized in proportion to, and over the period of, estimated net servicing income. The servicing assets and servicing liabilities are recorded based on the present value of the contractually specified servicing fee, net of adequate compensation cost, for the estimated life of the loan, using a discount rate and a constant prepayment rate. Management periodically evaluates the servicing assets and servicing liabilities for impairment. Impairment, if it occurs, is recognized in a valuation allowance in the period of impairment. Goodwill and Other Intangible Assets Goodwill and other intangible assets consist of acquired intangible assets arising from acquisitions, including core deposit and third-party originator intangibles. The acquired intangible assets are initially measured at fair value and then are amortized on the straight-line method over their estimated useful lives while goodwill is not amortized. Goodwill and other intangible assets are assessed for impairment annually or whenever events or changes in circumstances indicate the carrying amount may not be recoverable. The Company performed its annual impairment test and determined no impairment existed as of December 31, 2020. Federal Home Loan Bank Stock The Bank is a member of the FHLB of San Francisco and is required to own common stock in the FHLB based upon the Bank’s balance of outstanding FHLB advances. FHLB stock is carried at cost and may be sold back to the FHLB at its carrying value. FHLB stock is periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends received are reported as dividend income. Bank-Owned Life Insurance We have purchased single premium life insurance policies (“bank-owned life insurance”) on certain officers. The Bank and named beneficiaries of various current covered officers are the beneficiaries under each policy. In the event of the death of a covered officer, the Bank and named beneficiaries of the covered officer will receive the specified insurance benefit from the insurance carrier. Bank-owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due, if any, that are probable at settlement. Under the Split Dollar Death Benefit Agreement, upon death of an active employee, the designated beneficiary(ies) are eligible to receive benefits, which in the aggregate, total $3.4 million. Income Tax We provide for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company has invested in limited partnerships formed to develop and operate affordable housing units for lower income tenants throughout California. The partnership interests are accounted for utilizing the proportional amortization method with amortization expense and tax benefits recognized through the income tax provision. Share-Based Compensation The Company may provide awards of options, stock appreciation rights, restricted stock awards, restricted stock unit awards, shares granted as a bonus or in lieu of another award, dividend equivalent, other stock-based award or performance award, together with any other right or interest to a participant. Plan participants include executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its related entities. All stock options granted under its stock-based benefit plans have an exercise price equal to the fair market value of the underlying common stock on the date of grant. Stock options granted generally vest based on three to five years of continuous service and expire 10 years from the date of grant. Restricted stock awards under the Plans become fully vested after a certain number of years or after certain performance criteria are met. Performance stock units vest upon achievement of certain market condition criteria and may have dividend equivalent rights associated with them. Hanmi Financial becomes entitled to an income tax deduction in an amount equal to the taxable income reported by the holders of the restricted shares when the restrictions are released and the shares are issued. Restricted shares are forfeited if officers and employees terminate prior to the lapsing of restrictions or if certain market condition criteria are not met. Forfeitures of restricted stock are treated as canceled shares. Excess tax benefits from exercise or vesting of share-based awards are included as a reduction in provision for income tax expense in the period in which the exercise or vesting occurs. Earnings per Share Earnings per share (“EPS”) is calculated on both a basic and a diluted basis. Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted from the issuance of common stock that then shared in earnings. For diluted EPS, weighted-average number of common shares included the impact of unvested restricted stock under the treasury method. Unvested restricted stock containing rights to non-forfeitable dividends are considered participating securities prior to vesting and have been included in the earnings allocation in computing basic and diluted EPS under the two-class method. Treasury Stock In January 2019, the Company's Board of Directors adopted a stock repurchase program. Under this repurchase program, the Company may repurchase up to 5.0 percent of its outstanding shares or approximately 1.5 million shares of its common stock. The program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares. During the year ended December 31, 2020, the Company repurchased 135,400 shares of common stock at a cost of $2.2 million under this program. We use the cost method of accounting for treasury stock. The cost method requires us to record the reacquisition cost of treasury stock as a deduction from stockholders’ equity on the Consolidated Balance Sheets. Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate note. Fair value estimates involve uncertainties and matters of significant judgement regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates. Reclassifications Certain amounts in the prior years' financial statements and related disclosures were reclassified to conform to the current year presentation with no effect on previously reported net income, stockholders’ equity or cash flows. Accounting Standards Adopted in 2020 FASB ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , On January 1, 2020, the Company adopted ASU 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaced the incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss methodology. The measurement of expected credit losses under the CECL methodology is applicable to financial assets measured at amortized cost, including loan receivables and held-to-maturity debt securities. It also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in leases recognized by a lessor in accordance with Topic 842 on leases. In addition, ASU 2016-13 made changes to the accounting for available-for sale debt securities. The Company adopted ASU 2016-13 using the prospective transition approach for debt securities for which the Company would have recognized other-than-temporary impairment prior to January 1, 2020. However, the Company had no such securities and as a result, there was no effect on the balance sheet related to securities from the adoption of ASU 2016-13. As a result, the amortized cost basis remained the same before and after the effective date of ASU 2016-13. The Company adopted ASU 2016-13 using the modified retrospective approach for loans carried at amortized cost. This approach resulted in a $17.4 million increase to the beginning balance of the allowance for credit losses, a $335,000 decrease to the beginning balance of the allowance for off-balance sheet items, and an after-tax charge of $12.2 million to the beginning balance of retained earnings. According to ASU 2016-13, the Company was required to measure its expected credit losses of financial assets on a collective (pool) basis when similar risk characteristic(s) exist. The Company segmented the loans primarily by loan types, including the collateral type, loan purpose, contract term, amortization and payment structure, considering that the same type of loans share considerable similar risk characteristics. Depending on the nature of the pool of financial assets with similar risk characteristics, the Company used a DCF method, a PD/LGD method, or a WARM method to estimate expected credit losses. The Company’s methodologies for estimating the allowance for credit losses considered available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The methodologies applied historical lo

Securities

Securities	12 Months Ended
Securities	Dec. 31, 2020
Investments Debt And Equity Securities [Abstract]
Securities	Note 2 — Securities The following is a summary of securities available for sale as of December 31, 2020 and 2019: Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gain Loss Value (in thousands) December 31, 2020 U.S. Treasury securities $ 9,997 $ 135 $ — $ 10,132 U.S. government agency and sponsored agency obligations: Mortgage-backed securities 515,169 4,260 (188 ) 519,241 Collateralized mortgage obligations 133,632 186 (217 ) 133,601 Debt securities 90,660 148 (1 ) 90,807 Total U.S. government agency and sponsored agency obligations 739,461 4,594 (406 ) 743,649 Total securities available for sale $ 749,458 $ 4,729 $ (406 ) $ 753,781 December 31, 2019 U.S. Treasury securities $ 34,946 $ 259 $ — $ 35,206 U.S. government agency and sponsored agency obligations: Mortgage-backed securities 406,813 4,334 (347 ) 410,801 Collateralized mortgage obligations 164,232 792 (432 ) 164,592 Debt securities 23,733 168 (22 ) 23,878 Total U.S. government agency and sponsored agency obligations 594,778 5,294 (801 ) 599,271 Total securities available for sale $ 629,725 $ 5,553 $ (801 ) $ 634,477 The amortized cost and estimated fair value of securities as of December 31, 2020, by contractual or expected maturity, are shown below. Collateralized mortgage obligations are included in the table shown below based on their expected maturities. All other securities are included based on their contractual maturities. Available for Sale Amortized Estimated Cost Fair Value (in thousands) Within one year $ 13,305 $ 13,435 Over one year through five years 139,876 140,100 Over five years through ten years 25,764 25,768 Over ten years 570,513 574,478 Total $ 749,458 $ 753,781 The following table summarizes debt securities available-for-sale in an unrealized loss position for which an allowance for credit losses has not been recorded at December 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position: Holding Period Less than 12 Months 12 Months or More Total Gross Unrealized Loss Estimated Fair Value Number of Securities Gross Unrealized Loss Estimated Fair Value Number of Securities Gross Unrealized Loss Estimated Fair Value Number of Securities (in thousands, except number of securities) December 31, 2020 U.S. government agency and sponsored agency obligations: Mortgage-backed securities $ (188 ) $ 76,023 10 $ — $ — — $ (188 ) $ 76,023 10 Collateralized mortgage obligations (217 ) 97,659 21 — — — (217 ) 97,659 21 Debt securities (1 ) 4,999 1 — — — (1 ) 4,999 1 Total U.S. government agency and sponsored agency obligations (406 ) 178,681 32 — — — (406 ) 178,681 32 Total $ (406 ) $ 178,681 32 $ — $ — — $ (406 ) $ 178,681 32 December 31, 2019 U.S. government agency and sponsored agency obligations: Mortgage-backed securities $ (186 ) $ 51,261 17 $ (160 ) $ 18,757 14 (346 ) 70,018 31 Collateralized mortgage obligations (112 ) 41,419 14 (320 ) 39,936 36 (432 ) 81,355 50 Debt securities (20 ) 8,236 2 (3 ) 2,997 1 (23 ) 11,233 3 Total U.S. government agency and sponsored agency obligations (318 ) 100,916 33 (483 ) 61,690 51 (801 ) 162,606 84 Total $ (318 ) $ 100,916 33 $ (483 ) $ 61,690 51 $ (801 ) $ 162,606 84 The Company evaluates its available-for-sale securities portfolio for impairment on an at least quarterly basis. This assessment took into account the credit quality of these debt securities and determined that since all were U.S. Treasury obligations, U.S. government agency securities, and U.S. government sponsored agency securities, all of which have the backing of the U.S. government, no credit impairment had occurred. Realized gains and losses on sales of securities and proceeds from sales of securities were as follows for the periods indicated: Year Ended December 31, 2020 2019 2018 (in thousands) Gross realized gains on sales of securities $ 15,712 $ 1,359 $ 87 Gross realized losses on sales of securities — (64 ) (957 ) Net realized gains (losses) on sales of securities $ 15,712 $ 1,295 $ (870 ) Proceeds from sales of securities $ 495,566 113,306 34,751 In January 2016, FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (Topic 825). This new guidance, among other provisions, amends accounting related to the classification and measurement of investments in equity securities. We adopted this guidance, as required, in the first quarter of 2018. ASU 2016-01 requires the amounts reported in accumulated other comprehensive income for equity securities that exist as of the date of adoption previously classified as available-for-sale be reclassified to retained earnings. The Company reduced the balance of securities by $529,000 as of January 1, 2018, representing the loss related to all of our mutual fund equity securities, which resulted in a net reduction of retained earnings of $382,000 and an increase of $147,000 in net deferred tax assets based on the transition requirements of this standard. For the year ended December 31, 2020, the Company recorded $15.7 million in net realized gains from sale of securities that had previously been recognized as net unrealized gains of $15.3 million in comprehensive income. For the year ended December 31, 2019, the Company recorded $1.3 million in net realized gains from sale of securities that had previously been recognized as net unrealized gains of $586,000 in comprehensive income. For the year ended December 31, 2018, the Company recorded $870,000 in net realized losses from the sale of securities that had previously been recognized as net unrealized losses of $413,000 in comprehensive income. This included sale of all of the Company's mutual fund equity securities with gross realized losses of $957,000. The Company recorded a $428,000 net loss in earnings resulting from the sale of these securities. The remaining loss of $529,000 related to these sold securities was recorded as a transition adjustment upon adoption of ASU 2016-01 as of the beginning of the period as described in the previous paragraph. Securities available for sale with market values of $27.3 million and $30.2 million as of December 31, 2020 and 2019, respectively, were pledged to secure advances from the Federal Reserve Bank, Discount Window facility, and for other purposes as required or permitted by law. At year-end 2020, there were no holdings of securities of any one issuer, other than the U.S. government and its agencies in an amount greater than 10 percent of shareholders’ equity.

Loans Receivable

Loans Receivable	12 Months Ended
Loans Receivable	Dec. 31, 2020
Receivables [Abstract]
Loans Receivable	Note 3 — Loans Receivable The Board of Directors and management review and approve the Bank’s loan policy and procedures on a regular basis to reflect matters such as regulatory and organizational structure changes, strategic planning revisions, concentrations of credit, loan delinquencies and nonperforming loans, and problem loans. Real estate loans are loans secured by liens or interest in real estate, to provide purchase, construction, and refinance on real estate properties. Commercial and industrial loans consist of commercial term loans, commercial lines of credit, SBA and international loans. Leases receivable include equipment finance agreements, which are typically secured by the business assets being financed. We maintain management loan review and monitoring departments that review and monitor pass graded loans as well as problem loans to prevent further deterioration. Concentrations of Credit: The majority of the Bank’s loan portfolio consists of commercial real estate loans. Loans receivable, net Loans receivable consisted of the following as of the dates indicated: December 31, 2020 2019 (in thousands) Real estate loans: Commercial property Retail $ 824,606 $ 869,302 Hospitality 859,953 922,288 Other (1) 1,610,377 1,358,432 Total commercial property loans 3,294,936 3,150,022 Construction 58,882 76,455 Residential/consumer loans 345,831 415,698 Total real estate loans 3,699,649 3,642,175 Commercial and industrial loans 757,255 484,093 Leases receivable 423,264 483,879 Loans receivable 4,880,168 4,610,147 Allowance for credit losses (90,426 ) (61,408 ) Loans receivable, net $ 4,789,742 $ 4,548,739 (1) Includes, among other property types, mixed-use, gas station, apartment, office, industrial, faith-based facilities and warehouse; the remaining real estate categories represent less than one percent of the Bank's total loans receivable. The CARES Act allows financial institutions to assist customers in dealing with financial hardship by (a) providing federal funding so that financial institutions can originate SBA loans to borrowers at a low interest rate under the Paycheck Protection Program (“PPP”) loans with eventual debt forgiveness should the borrower continue to meet certain criteria; and (b) allowing financial institutions to temporarily modify loan terms by deferring loan payments, loan fees, etc. without considering them Troubled Debt Restructures. At December 31, 2020, there were $295.7 million of PPP loans included in commercial and industrial loans in the table above. In addition, during 2020, a total of $1.41 billion of loans entered into payment deferrals under Section 4013 of the CARES Act. Accrued interest on loans was $15.2 million and $10.0 million at December 31, 2020 and 2019, respectively. Accrued interest at December 31, 2020 included unpaid deferred interest receivable related to loans modified under the CARES Act of $7.5 million, net of a $1.7 million valuation allowance. At December 31, 2020 and 2019, loans of $2.17 billion and $1.35 billion, respectively, were pledged to secure advances from the FHLB. Loans Held for Sale The following table details the information on SBA loans held for sale by portfolio segment for the years ended December 31, 2020 and 2019: Real Estate Commercial and Industrial Total (in thousands) December 31, 2020 Balance at beginning of period $ 2,943 $ 3,077 $ 6,020 Originations and transfers 44,770 26,922 71,692 Sales (39,666 ) (29,386 ) (69,052 ) Principal paydowns and amortization (5 ) (87 ) (92 ) Balance at end of period $ 8,042 $ 526 $ 8,568 December 31, 2019 Balance at beginning of period $ 5,194 $ 4,196 $ 9,390 Originations and transfers 43,001 33,764 76,765 Sales (45,251 ) (34,865 ) (80,116 ) Principal paydowns and amortization (1 ) (18 ) (19 ) Balance at end of period $ 2,943 $ 3,077 $ 6,020 Allowance for credit losses Activity in the allowance for credit losses was as follows for the periods indicated: As of and for the Year Ended December 31, 2020 2019 2018 (in thousands) Allowance for credit losses: Balance at beginning of period $ 61,408 $ 31,974 $ 31,043 Adjustment related to adoption of ASU 2016-13 17,433 — — Adjusted balance 78,841 31,974 31,043 Less loans receivable charged off 33,952 4,588 7,310 Recoveries on loans receivable previously charged off (3,063 ) (3,852 ) (4,251 ) Provision for credit losses 42,474 30,170 3,990 Balance at end of period $ 90,426 $ 61,408 $ 31,974 The following table details the information on the allowance for credit losses by portfolio segment for the years ended December 31, 2020 and 2019: Real Estate Commercial and Industrial Leases Receivable Unallocated Total (in thousands) December 31, 2020 Allowance for credit losses: Beginning balance $ 36,435 $ 16,206 $ 8,767 $ — 61,408 Adjustment related to adoption of ASU 2016-13 14,028 (2,497 ) 5,902 — 17,433 Adjusted balance 50,463 13,709 14,669 — 78,841 Less loans charged off 15,567 13,312 5,073 — 33,952 Recoveries on loans receivable previously charged off (2,124 ) (336 ) (603 ) — (3,063 ) Provision for credit losses 14,856 20,677 6,941 — 42,474 Ending balance $ 51,876 $ 21,410 $ 17,140 $ — $ 90,426 Individually evaluated $ 20 $ 7,976 $ 6,056 $ — $ 14,052 Collectively evaluated $ 51,855 $ 13,434 $ 11,085 $ — $ 76,374 Loans receivable $ 3,699,649 $ 757,255 $ 423,264 $ — $ 4,880,168 Individually evaluated $ 65,160 $ 14,568 $ 11,234 $ — $ 90,961 Collectively evaluated $ 3,634,489 $ 742,687 $ 412,030 $ — $ 4,789,207 December 31, 2019 Allowance for credit losses: Beginning balance $ 18,482 $ 7,162 $ 6,303 $ 27 $ 31,974 Less loans charged off 132 1,293 3,162 — 4,588 Recoveries on loans receivable previously charged off (2,190 ) (1,241 ) (422 ) — (3,852 ) Provision for credit losses 15,896 9,097 5,205 (27 ) 30,170 Ending balance $ 36,435 $ 16,206 $ 8,767 $ — $ 61,408 Individually evaluated for impairment $ 14,029 $ 8,885 $ 2,863 $ — $ 25,777 Collectively evaluated for impairment $ 22,406 $ 7,321 $ 5,904 $ — $ 35,631 Loans receivable $ 3,642,175 $ 484,093 $ 483,879 $ — $ 4,610,147 Individually evaluated for impairment $ 45,163 $ 13,700 $ 5,902 $ — $ 64,765 Collectively evaluated for impairment $ 3,597,012 $ 470,393 $ 477,977 $ — $ 4,545,382 The table below illustrates the allowance for credit losses by portfolio segment as a percentage of the recorded total allowance for credit losses and as a percentage of the aggregate recorded investment of loans receivable for the years ended December 31, 2020 and 2019: December 31, 2020 December 31, 2019 Allowance Amount Total Loans Percentage of Total Loans Allowance Amount Total Loans Percentage of Total Loans (in thousands) Real estate loans: Commercial property Retail $ 4,855 $ 824,606 16.9 % $ 4,911 $ 869,302 18.9 % Hospitality 28,801 859,953 17.6 % 6,686 922,288 20.0 % Other 13,991 1,610,377 33.0 % 8,060 1,358,432 29.4 % Total commercial property loans 47,647 3,294,936 67.5 % 19,657 3,150,022 68.3 % Construction 2,876 58,882 1.2 % 15,003 76,455 1.7 % Residential/consumer loans 1,353 345,831 7.1 % 1,775 415,698 9.0 % Total real estate loans 51,876 3,699,649 75.8 % 36,435 3,642,175 79.0 % Commercial and industrial loans 21,410 757,255 15.5 % 16,206 484,093 10.5 % Leases receivable 17,140 423,264 8.7 % 8,767 483,879 10.5 % Total $ 90,426 $ 4,880,168 100.0 % $ 61,408 $ 4,610,147 100.0 % The following table represents the amortized cost basis of collateral-dependent loans by class of loans as of December 31, 2020, for which repayment is expected to be obtained through the sale of the underlying collateral and any collateral dependent loans that are still accruing but are considered nonperforming. Amortized Cost (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ 6,330 Hospitality 20,612 Other 8,410 Commercial property 35,352 Construction 24,854 Residential/consumer loans 2,867 Total real estate loans 63,073 Commercial and industrial loans 41 Total (1) $ 63,114 (1) Includes, among other property types, hospitality, retail and other, mixed-use, gas station, apartment, office, industrial, faith-based facilities and warehouse; the remaining real estate categories represent less than one percent of the Bank's total loans receivable. Loan Quality Indicators As part of the on-going monitoring of the quality of our loan portfolio, we utilize an internal loan grading system to identify credit risk and assign an appropriate grade (from 0 to 8) for each loan in our portfolio. A third-party loan review is required on an annual basis. Additional adjustments are made when determined to be necessary. The loan grade definitions are as follows: Pass and Pass-Watch: Pass and Pass-Watch loans, grades (0-4), are in compliance with the Bank’s credit policy and regulatory requirements, and do not exhibit any potential or defined weaknesses as defined under “Special Mention,” “Substandard” or “Doubtful.” This category is the strongest level of the Bank’s loan grading system. It consists of all performing loans with no identified credit weaknesses. It includes cash and stock/security secured loans or other investment grade loans. Special Mention: A Special Mention loan, grade (5), has potential weaknesses that deserve management’s close attention. If not corrected, these potential weaknesses may result in deterioration of the repayment of the debt and result in a Substandard classification. Loans that have significant actual, not potential, weaknesses are considered more severely classified. Substandard: A Substandard loan, grade (6), has a well-defined weakness that jeopardizes the liquidation of the debt. A loan graded Substandard is not protected by the sound worth and paying capacity of the borrower, or of the value and type of collateral pledged. With a Substandard loan, there is a distinct possibility that the Bank will sustain some loss if the weaknesses or deficiencies are not corrected. Doubtful: A Doubtful loan, grade (7), is one that has critical weaknesses that would make the collection or liquidation of the full amount due improbable. However, there may be pending events which may work to strengthen the loan, and therefore the amount or timing of a possible loss cannot be determined at the current time. Loss: A loan classified as Loss, grade (8), is considered uncollectible and of such little value that their continuance as active bank assets is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this asset even though partial recovery may be possible in the future. Loans classified as Loss will be charged off in a timely manner. Under regulatory guidance, loans graded special mention or worse are considered criticized loans, and loans graded substandard or worse are considered classified loans. As of December 31, 2020 and 2019, the recorded investment in pass/pass-watch, special mention and classified (substandard, doubtful and loss) loans, disaggregated by loan class, were as follows: Pass/Pass- Watch Special Mention Classified Total (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ 807,348 $ 3,382 $ 13,876 $ 824,606 Hospitality 788,369 26,086 45,498 859,953 Other 1,571,012 23,876 15,489 1,610,377 Total commercial property loans 3,166,729 53,344 74,863 3,294,936 Construction 34,028 — 24,854 58,882 Residential/consumer loans 337,549 5,078 3,204 345,831 Total real estate loans 3,538,306 58,422 102,921 3,699,649 Commercial and industrial loans 712,685 18,556 26,014 757,255 Leases receivable 412,030 — 11,234 423,264 Total loans receivable $ 4,663,021 $ 76,978 $ 140,169 $ 4,880,168 December 31, 2019 Real estate loans: Commercial property Retail $ 859,739 $ 2,835 $ 6,728 $ 869,302 Hospitality 915,834 939 5,515 922,288 Other 1,329,817 7,807 20,809 1,358,432 Total commercial property loans 3,105,390 11,580 33,052 3,150,022 Construction 36,956 1,613 37,886 76,455 Residential/consumer loans 410,984 3,217 1,497 415,698 Total real estate loans 3,553,329 16,410 72,436 3,642,175 Commercial and industrial loans 458,184 10,222 15,687 484,093 Leases receivable 477,977 — 5,902 483,879 Total loans receivable $ 4,489,491 $ 26,632 $ 94,025 $ 4,610,147 At December 31, 2020, of the $155.6 million of loans modified in accordance with the provision of the CARES Act, $99.9 million were in pass/watch, $31.3 million were special mention, and $24.4 million were classified. Loans by Vintage Year and Risk Rating Term Loans Amortized Cost Basis by Origination Year (1) 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Basis Total December 31, 2020 Real estate loans: Commercial property Risk Rating Pass / Pass Watch $ 920,876 $ 513,962 $ 479,221 $ 343,659 $ 418,362 $ 459,366 $ 31,283 $ 3,166,729 Special Mention 23,429 2,484 8,630 1,672 14,971 2,158 — 53,344 Classified 20,307 4,276 9,239 3,084 18,712 19,115 130 74,863 Total commercial property 964,612 520,722 497,090 348,415 452,045 480,639 31,413 3,294,936 Construction Risk Rating Pass / Pass Watch $ 33,415 $ 613 $ — $ — $ — $ — $ — $ 34,028 Special Mention — — — — — — — — Classified 12,808 — 12,046 — — — — 24,854 Total construction 46,223 613 12,046 — — — — 58,882 Residential/consumer loans Risk Rating Pass / Pass Watch $ 27,997 $ 962 $ 37,122 $ 127,987 $ 82,124 $ 54,004 $ 7,353 $ 337,549 Special Mention — — 930 $ 828 1,863 1,457 — 5,078 Classified — — 620 2,283 301 — — 3,204 Total residential property 27,997 962 38,672 131,098 84,288 55,461 7,353 345,831 Total real estate loans Risk Rating Pass / Pass Watch $ 982,288 $ 515,537 $ 516,343 $ 471,646 $ 500,486 $ 513,370 $ 38,636 $ 3,538,306 Special Mention 23,429 2,484 9,560 2,500 16,834 3,615 — 58,422 Classified 33,115 4,276 21,905 5,367 19,013 19,115 130 102,921 Total real estate loans 1,038,832 522,297 547,808 479,513 536,333 536,100 38,766 3,699,649 Commercial and industrial loans: Risk Rating Pass / Pass Watch $ 406,486 $ 73,160 $ 54,110 $ 17,834 $ 4,464 $ 9,910 $ 146,721 $ 712,685 Special Mention 7,239 4,509 4,146 1,110 31 1,074 447 18,556 Classified 8,552 4,784 1,364 930 4,380 1,359 4,645 26,014 Total commercial and industrial loans 422,277 82,453 59,620 19,874 8,875 12,343 151,813 757,255 Leases receivable: Risk Rating Pass / Pass Watch $ 113,712 $ 165,242 $ 91,408 $ 30,405 $ 10,096 $ 1,167 $ — $ 412,030 Special Mention — — — — — — — — Classified 452 5,728 3,137 876 804 237 — 11,234 Total leases receivable 114,164 170,970 94,545 31,281 10,900 1,404 — 423,264 Total loans receivable: Risk Rating Pass / Pass Watch $ 1,502,486 $ 753,939 $ 661,861 $ 519,885 $ 515,046 $ 524,447 $ 185,357 $ 4,663,021 Special Mention 30,668 6,993 13,706 3,610 16,865 4,689 447 76,978 Classified 42,119 14,788 26,406 7,173 24,197 20,711 4,775 140,169 Total loans receivable 1,575,273 775,720 701,973 530,668 556,108 549,847 190,579 4,880,168 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Loans by Vintage Year and Payment Performance Term Loans Amortized Cost Basis by Origination Year (1) 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Basis Total December 31, 2020 Real estate loans: Commercial property Payment performance Performing $ 961,973 $ 520,330 $ 496,936 $ 346,029 $ 437,231 $ 471,067 $ 31,283 $ 3,264,849 Nonperforming 2,639 392 154 2,386 14,814 9,572 130 30,087 Total commercial property 964,612 520,722 497,090 348,415 452,045 480,639 31,413 3,294,936 Construction Payment performance Performing $ 33,415 $ 613 $ — $ — $ — $ — $ — $ 34,028 Nonperforming 12,808 — 12,046 — — — — 24,854 Total construction 46,223 613 12,046 — — — — 58,882 Residential/consumer loans Payment performance Performing $ 27,997 $ 962 $ 38,052 $ 129,669 $ 83,987 $ 55,461 $ 7,353 343,481 Nonperforming — — 620 1,429 301 — — 2,350 Total residential property 27,997 962 38,672 131,098 84,288 55,461 7,353 345,831 Total real estate loans Payment performance Performing $ 1,023,385 $ 521,905 $ 534,988 $ 475,698 $ 521,218 $ 526,528 $ 38,636 3,642,358 Nonperforming 15,447 392 12,820 3,815 15,115 9,572 130 57,291 Total real estate loans 1,038,832 522,297 547,808 479,513 536,333 536,100 38,766 3,699,649 Commercial and industrial loans: Payment performance Performing $ 413,725 $ 77,672 $ 59,436 $ 19,002 $ 8,875 $ 12,228 $ 151,813 742,751 Nonperforming 8,552 4,781 184 872 — 115 — 14,504 Total commercial and industrial loans 422,277 82,453 59,620 19,874 8,875 12,343 151,813 757,255 Leases receivable: Payment performance Performing 113,712 165,242 91,408 30,405 10,096 1,167 — 412,030 Nonperforming 452 5,728 3,137 876 804 237 — 11,234 Total leases receivable 114,164 170,970 94,545 31,281 10,900 1,404 — 423,264 Total loans receivable: Payment performance Performing $ 1,550,822 $ 764,819 $ 685,832 $ 525,105 $ 540,189 $ 539,923 $ 190,449 4,797,139 Nonperforming 24,451 10,901 16,141 5,563 15,919 9,924 130 83,029 Total loans receivable $ 1,575,273 $ 775,720 $ 701,973 $ 530,668 $ 556,108 $ 549,847 $ 190,579 $ 4,880,168 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision Individually Evaluated Loans Prior to the adoption of ASU 2016-13, loans were individually evaluated based on the present value of expected future cash flows discounted at the loan's effective interest rate or, as a practical expedient, at the loan's observable market price or the fair value of the collateral if the loan was collateral dependent, less estimated costs to sell. If the estimated value of the individually evaluated loan was less than the recorded investment in the loan, the Company charged-off the deficiency against the allowance for loan losses or we established a specific allowance in the allowance for loan losses. Additionally, we excluded from the quarterly migration analysis individually evaluated loans when determining the amount of the allowance for loan losses required for the period. Under ASU 2016-13, the Company reviews all loans on an individual basis when they do not share similar risk characteristics with loan pools. The following tables provide information on individually evaluated loans receivable as of December 31, 2020 and December 31, 2019, disaggregated by loan class, as of the dates indicated: Recorded Investment Unpaid Principal Balance With No Related Allowance Recorded With an Allowance Recorded Related Allowance Average Recorded Investment Interest Income Recognized (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ 6,331 $ 6,423 $ 6,330 $ 1 $ — $ 6,728 $ — Hospitality 20,612 20,627 20,612 — — 21,120 — Other 10,430 11,736 9,522 908 20 11,202 — Total commercial property loans 37,373 38,786 36,464 909 20 39,050 — Construction 24,854 26,494 24,854 — — 27,803 — Residential/consumer loans 2,933 3,253 2,867 66 1 2,997 — Total real estate loans 65,160 68,533 64,185 975 21 69,850 — Commercial and industrial loans 14,568 14,688 58 14,510 7,976 14,751 — Leases receivable 11,233 11,237 2,318 8,915 6,056 13,147 758 Total $ 90,961 $ 94,458 $ 66,561 $ 24,400 $ 14,053 $ 97,748 $ 758 December 31, 2019 Real estate loans: Commercial property Retail $ 434 $ 459 $ 111 $ 323 $ 19 $ 894 $ 13 Hospitality 244 400 22 223 24 1,683 — Other 14,864 15,151 14,696 167 12 10,619 168 Total commercial property loans 15,542 16,010 14,829 713 55 13,196 181 Construction 27,201 28,000 — 27,201 13,973 18,421 249 Residential/consumer loans 2,421 2,751 2,309 112 1 2,845 66 Total real estate loans 45,164 46,761 17,138 28,026 14,029 34,462 495 Commercial and industrial loans 13,700 14,090 143 13,557 8,885 19,361 512 Leases receivable 5,902 5,909 1,112 4,790 2,863 4,854 44 Total $ 64,766 $ 66,760 $ 18,393 $ 46,373 $ 25,778 $ 58,677 $ 1,052 December 31, 2018 Real estate loans: Commercial property Retail $ 2,166 $ 2,207 $ 1,894 $ 272 $ — $ 2,001 $ 183 Hospitality 4,282 5,773 4,032 250 — 7,285 482 Other 7,525 8,016 6,253 1,272 1 7,978 601 Total commercial property loans 13,973 15,996 12,179 1,794 1 17,264 1,266 Construction — — — — — — — Residential/consumer loans 1,627 2,002 1,534 93 — 2,952 151 Total real estate loans 15,600 17,998 13,713 1,887 1 20,216 1,417 Commercial and industrial loans 4,396 4,601 1,644 2,752 428 3,568 211 Leases receivable 5,129 5,162 1,256 3,873 1,383 5,229 46 Total $ 25,125 $ 27,761 $ 16,613 $ 8,512 $ 1,812 $ 29,013 $ 1,674 The following is a summary of interest foregone on individually evaluated loans for the periods indicated: Year Ended December 31, 2020 2019 2018 (in thousands) Interest income that would have been recognized had individually evaluated loans performed in accordance with their original terms $ 5,438 $ 3,439 $ 2,808 Less: Interest income recognized on individually evaluated loans (758 ) (1,279 ) (1,674 ) Interest foregone on individually evaluated loans $ 4,680 $ 2,160 $ 1,134 There were no commitments to lend additional funds to borrowers whose loans or leases are included above. Nonaccrual Loans and Nonperforming Assets The following tables represent the amortized cost basis of loans on nonaccrual status and loans past due 90 days and still accruing as of December 31, 2020 and 2019. December 31, 2020 Nonaccrual Loans With No Allowance for Credit Losses Nonaccrual Loans With Allowance for Credit Losses Loans Past Due 90 Days Still Accruing Total Nonperforming Loans (in thousands) Real estate loans: Retail $ 6,331 $ — $ — $ 6,331 Hospitality 20,612 — — 20,612 Other 2,236 909 — 3,145 Commercial property loans 29,179 909 — 30,088 Construction loans 24,854 — — 24,854 Residential/consumer loans 2,350 — — 2,350 Total real estate loans 56,383 909 — 57,292 Commercial and industrial loans 58 14,449 — 14,507 Leases receivable 2,318 8,915 — 11,233 Total $ 58,759 $ 24,273 $ — $ 83,032 December 31, 2019 Nonaccrual Loans With No Allowance for Credit Losses Nonaccrual Loans With Allowance for Credit Losses Loans Past Due 90 Days Still Accruing Total Nonperforming Loans (in thousands) Real estate loans: Retail $ 111 $ 166 $ — $ 277 Hospitality 3 222 — 225 Other 14,697 167 — 14,864 Commercial property loans 14,811 555 — 15,366 Construction loans — 27,201 — 27,201 Residential/consumer loans 1,778 35 — 1,813 Total real estate loans 16,589 27,791 — 44,380 Commercial and industrial loans 143 13,336 — 13,479 Leases receivable 1,112 4,790 — 5,902 Total $ 17,844 $ 45,917 $ — $ 63,761 The following is an aging analysis of loans, disaggregated by loan class, as of the dates indicated: 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ — $ — $ — $ — $ 824,606 $ 824,606 Hospitality — — 11,076 11,076 848,877 859,953 Other — — 731 731 1,609,646 1,610,377 Total commercial property loans — — 11,807 11,807 3,283,129 3,294,936 Construction — 12,807 — 12,807 46,075 58,882 Residential/consumer loans 4,693 461 564 5,718 340,113 345,831 Total real estate loans 4,693 13,268 12,371 30,332 3,669,317 3,699,649 Commercial and industrial loans 282 27 12,487 12,796 744,459 757,255 Leases receivable 4,051 1,786 4,675 10,512 412,752 423,264 Total loans receivable $ 9,026 $ 15,081 $ 29,533 $ 53,640 $ 4,826,528 $ 4,880,168 December 31, 2019 Real estate loans: Commercial property Retail $ 6 $ 132 $ 111 $ 249 $ 869,053 $ 869,302 Hospitality 907 — — 907 921,381 922,288 Other 51 — 38 89 1,358,344 1,358,432 Total commercial property loans 964 132 149 1,245 3,148,778 3,150,022 Construction — — — — 76,455 76,455 Residential/consumer loans 540 1,657 309 2,507 413,191 415,697 Total real estate loans 1,504 1,789 458 3,752 3,638,424 3,642,175 Commercial and industrial loans 635 133 143 911 483,183 484,093 Leases receivable 5,358 2,138 3,493 10,990 472,889 483,879 Total loans receivable $ 7,497 $ 4,060 $ 4,094 $ 15,652 $ 4,594,496 $ 4,610,147 There were no loans that were 90 days or more past due and accruing interest as of December 31, 2020 and 2019. In addition, $53.4 million and $60.9 million of loans past due less than 90 days were classified as nonaccrual at December 31, 2020 and 2019, respectively. At December 31, 2020, all $155.6 million of currently modified loans under the CARES Act were classified as current. For loans previously modified under the CARES Act, $4.9 million were 30-59 days past due, $1.7 million were 60-89 days past due, and $13.9 million were 90 days or more past due. The following table details nonaccrual loans, disaggregated by loan class, as of the dates indicated: As of December 31, 2020 2019 (in thousands) Real estate loans: Commercial property Retail $ 6,330 $ 277 Hospitality 20,612 225 Other 3,145 14,864 Total commercial property loans 30,087 15,366 Construction 24,854 27,201 Residential/consumer loans 2,350 1,813 Total real estate loans 57,291 44,380 Commercial and industrial loans 14,507 13,479 Leases receivable 11,234 5,902 Total nonaccrual loans $ 83,032 $ 63,761 The following table details nonperforming assets as of the dates indicated: As of December 31, 2020 2019 (in thousands) Nonaccrual loans $ 83,032 $ 63,761 Loans receivable 90 days or more past due and still accruing — — Total nonperforming loans receivable 83,032 63,761 Other real estate owned ("OREO") 2,360 63 Total nonperforming assets $ 85,392 $ 63,824 OREO consisted of four properties with a combined carrying value of $2.4 million as of December 31, 2020, and two properties with a combined carrying value of $63,000 as of December 31, 2019. OREO is included in prepaid expenses and other assets in the accompanying Consolidated Balance Sheets as of December 31, 2020 and 2019. Troubled Debt Restructuring The following table details the recorded investment in TDRs, disaggregated by concession type and by loan type, as of December 31, 2020 and 2019: Nonaccrual TDRs Accrual TDRs Deferral of Principal Deferral of Principal and Interest Reduction of Principal and Interest Extension of Maturity Total Deferral of Principal Deferral of Principal and Interest Reduction of Principal and Interest Extension of Maturity Total (in thousands) December 31, 2020 Real estate loans $ 1,095 $ 3,334 $ 12,492 $ — $ 16,921 $ 513 $ — $ 67 $ 7,290 $ 7,870 Commercial and industrial loans — 144 — — 144 — — 4 56 60 Total $ 1,095 $ 3,478 $ 12,492 $ — $ 17,065 $ 513 $ — $ 71 $ 7,346 $ 7,930 December 31, 2019 Real estate loans $ 689 $ 132 $ 27,740 $ 13,926 $ 42,487 $ 531 $ — $ 77 $ — $ 608 Commercial and industrial loans — 153 12,527 312 12,991 — 36 71 114 222 Total $ 689 $ 285 $ 40,266 $ 14,238 $ 55,478 $ 531 $ 36 $ 148 $ 114 $ 830 All TDRs are individually evaluated for specific impairment using one of these three criteria: (1) the present value of expected future cash flows discounted at the loan’s effective interest rate; (2) the loan’s observable market price; or (3) the fair value of the collateral if the loan is collateral dependent. At December 31, 2020 and 2019, TDRs were subjected to specific impairment analysis. We determined an impairment allowance of $16,000 and $22.7 million as of December 31, 2020 and 2019, respectively, related to these loans and such allowances were included in the allowance for credit losses. The following table presents the number of loans by class modified as troubled debt restructurings that occurred during the years ending December 31, 2020, 2019 and 2018 with their pre- and post-modification recorded amounts. December 31, 2020 December 31, 2019 December 31, 2018 Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment (in thousands except for number of loans) Real estate loans 5 $ 4,479 $ 3,676 6 $ 41,292 $ 42,329 — $ — $ — Commercial and industrial loans — — — 2 12,779 12,562 2 684 664 Total 5 $ 4,479 $ 3,676 8 $ 54,071 $ 54,892 2 $ 684 $ 664 A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms. One loan for $398,000 defaulted during the twelve months ended December 31, 2020 following modification. During the year ended December 31, 2019, one loan for $132,000 defaulted within the twelve-month period following modification. The allowance for credit losses resulting from these defaulted loans were $3,000 and $0 as of December 31, 2020 and 2019.

Servicing Assets

Servicing Assets	12 Months Ended
Servicing Assets	Dec. 31, 2020
Transfers And Servicing [Abstract]
Servicing Assets	Note 4 — Servicing Assets The changes in servicing assets for the years ended December 31, 2020 and 2019 were as follows: As of December 31, 2020 2019 (in thousands) Balance at beginning of period $ 6,956 $ 8,520 Addition related to sale of SBA loans 1,517 1,699 Amortization (2,261 ) (3,263 ) Balance at end of period $ 6,212 $ 6,956 At December 31, 2020 and 2019, we serviced the loans sold to unaffiliated parties in the amount of $429.4 million and $422.3 million, respectively. These represent loans that have been sold for which the Bank continues to provide servicing. These loans are maintained off balance sheet and are not included in the loans receivable balance. All of the loans being serviced were SBA loans. The Company recorded servicing fee income of $4.2 million, $4.4 million and $4.7 million for the years ended December 31, 2020, 2019 and 2018, respectively. Net amortization expense was $2.0 million, $2.8 million and $2.6 million for the years ended December 31, 2020, 2019 and 2018, respectively. Servicing fee income, net of amortization of servicing assets and liabilities, is included in other operating income in the consolidated statements of income. The fair value of servicing rights was $6.9 million at year-end 2020 . Fair value at year-end 2020 was determined using discount rates ranging from 9.3 percent to 12.2 percent and prepayment speeds ranging from 11.8 percent to 19.1 percent , depending on the stratification of the specific right .

Premises and Equipment

Premises and Equipment	12 Months Ended
Premises and Equipment	Dec. 31, 2020
Property Plant And Equipment [Abstract]
Premises and Equipment	Note 5 — Premises and Equipment The following is a summary of the major components of premises and equipment: As of December 31, 2020 2019 (in thousands) Land $ 6,850 $ 7,980 Building and improvements 12,423 14,120 Furniture and equipment 31,973 27,358 Leasehold improvements 14,813 12,715 Leased equipment 880 879 66,939 63,052 Accumulated depreciation and amortization (40,508 ) (36,982 ) Total premises and equipment, net $ 26,431 $ 26,070 Depreciation and amortization expense related to premises and equipment was $4.0 million, $3.3 million and $2.6 million for the years ended December 31, 2020, 2019 and 2018, respectively.

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2020
Leases [Abstract]
Leases	Note 6 — Leases The Company enters into leases in the normal course of business primarily for financial centers, back-office operations locations, business development offices, information technology data centers and information technology equipment. The Company’s leases have remaining terms ranging from one to thirteen years, some of which include renewal or termination options to extend the lease for up to five years. The Company includes lease extension and termination options in the lease term if, after considering relevant economic factors, it is reasonably certain the Company will exercise the option. In addition, the Company has elected to account for any non-lease components in its real estate leases as part of the associated lease component. The Company has also elected not to recognize leases with original lease terms of 12 months or less (short-term leases) on the Company’s balance sheet. Leases are classified as operating or finance leases at the lease commencement date. Lease expense for operating leases and short-term leases is recognized on a straight-line basis over the term of the lease. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Right-of-use assets and lease liabilities are recognized at the lease commencement date based on the estimated present value of the lease payments over the lease term. The Company adopted ASU 2016-02, Leases (Topic 842), In determining the discount rates, since most of our leases do not provide an implicit rate, we used our incremental borrowing rate provided by the FHLB of San Francisco based on the information available at commencement date to calculate the present value of lease payments. The Company's right-of-use asset is included in prepaid expenses and other assets and our lease liability is included in accrued expenses and other liabilities in the accompanying consolidated balance sheet. We lease our premises under non-cancelable operating leases. At December 31, 2020, future minimum annual rental commitments under these non-cancelable operating leases, with initial or remaining terms of one year or more, were as follows: Amount (in thousands) 2021 7,519 2022 7,261 2023 7,044 2024 6,526 2025 6,060 Thereafter 25,730 Remaining lease commitments 60,140 Interest (6,177 ) Present value of lease liability $ 53,963 For the years ended December 31, 2020, 2019 and 2018, net rental expenses recorded under such leases amounted to $8.5 million, $7.9 million, and $7.4 million, respectively. Weighted average remaining lease terms for the Company’s operating leases were 8.75 years and 8.57 years, respectively, as of December 31, 2020 and 2019. Weighted average discount rates used for the Company’s operating leases were 2.43 percent and 3.24 percent, respectively, as of December 31, 2020 and 2019. Net lease expense recognized for the twelve months ended December 31, 2020 and 2019 was $8.5 . Cash paid, and included in cash flows from operating activities, for amounts included in the measurement of the lease liability for the Company's operating leases for the twelve months ended December 31, 2020 and 2019 was $7.6 million and $7.2 million, respectively.

Goodwill and Other Intangibles

Goodwill and Other Intangibles	12 Months Ended
Goodwill and Other Intangibles	Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	Note 7 — Goodwill and other intangibles The third-party originators intangible of $483,000 and goodwill of $11.0 million were recorded as a result of the acquisition of a leasing portfolio in 2016. The core deposit intangible of $2.2 million was recognized for the core deposits acquired in a 2014 acquisition. The Company's intangible assets were as follows for the periods indicated: December 31, 2020 December 31, 2019 Amortization Period Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in thousands) Core deposit intangible 10 years $ 2,213 $ (1,746 ) $ 467 $ 2,213 $ (1,567 ) $ 646 Third-party originators intangible 7 years 483 (369 ) 114 483 (287 ) 196 Goodwill N/A 11,031 — 11,031 11,031 — 11,031 Total intangible assets $ 13,727 $ (2,115 ) $ 11,612 $ 13,727 $ (1,854 ) $ 11,873 Intangible assets amortization expense for the years ended December 31, 2020, 2019 and 2018 was $261,000, $309,000 and $362,000, respectively, and estimated future amortization expense related to the Core Deposit Intangible and the third-party originators intangible for each of the next five years is as follows: Amount (in thousands) 2021 $ 216 2022 171 2023 126 2024 68 2025 — Thereafter — $ 581 The Company performed its annual goodwill impairment analysis in the fourth quarter of 2020 and determined no impairment existed as of December 31, 2020. As of December 31, 2020, management was not aware of any circumstances that would indicate impairment of goodwill or other intangible assets. There were no impairment charges related to intangible assets recorded in earnings in the three years ended December 31, 2020.

Deposits

Deposits	12 Months Ended
Deposits	Dec. 31, 2020
Deposits [Abstract]
Deposits	Note 8 — Deposits Time deposits at or exceeding the FDIC insurance limit of $250,000 at year-end 2020 and 2019 were $311.8 million and $299.9 million, respectively. At December 31, 2020, the scheduled maturities of time deposits are as follows: Year Ending December 31, Time Deposits of $250,000 or More Other Time Deposits Total (in thousands) 2021 $ 296,455 $ 825,677 $ 1,122,132 2022 14,315 115,832 130,148 2023 804 22,881 23,685 2024 — 5,382 5,382 2025 & thereafter 264 2,089 2,352 Total $ 311,838 $ 971,861 $ 1,283,699 A summary of interest expense on deposits was as follows for the periods indicated: Year Ended December 31, 2020 2019 2018 (in thousands) Demand: interest-bearing $ 70 $ 116 $ 106 Money market and savings 11,016 23,556 16,182 Time deposits of $250,000 or more 3,521 6,338 9,598 Other time deposits 19,387 33,095 17,194 Total interest expense on deposits $ 33,994 $ 63,105 $ 43,080 Accrued interest payable on deposits was $4.6 million and $11.2 million at December 31, 2020 and 2019, respectively. Total deposits reclassified to loans due to overdrafts at December 31, 2020 and 2019 were $241,000 and $1.5 million, respectively.

Borrowings

Borrowings	12 Months Ended
Borrowings	Dec. 31, 2020
Debt Disclosure [Abstract]
Borrowings	Note 9 — Borrowings Borrowings consisted of FHLB advances, which represent collateralized obligations with the FHLB. The following is a summary of contractual maturities of FHLB advances: As of December 31, 2020 2019 Outstanding Balance Weighted Average Rate Outstanding Balance Weighted Average Rate (dollars in thousands) Overnight advances $ — 0.00 % $ 15,000 1.66 % Advances due within 12 months 50,000 1.61 % 25,000 1.75 % Advances due over 12 months through 24 months 50,000 1.62 % 25,000 1.66 % Advances due over 24 months through 36 months 50,000 0.97 % 25,000 1.72 % Outstanding advances $ 150,000 1.40 % $ 90,000 1.70 % The following is financial data pertaining to FHLB advances: As of December 31, 2020 2019 2018 (dollars in thousands) Weighted-average interest rate at end of year 1.40 % 1.70 % 2.56 % Weighted-average interest rate during the year 1.42 % 1.89 % 1.94 % Average balance of FHLB advances $ 156,601 $ 40,374 $ 174,452 Maximum amount outstanding at any month-end $ 300,000 $ 285,000 $ 300,000 We have pledged loans receivable with market values of $2.17 billion as collateral with the FHLB for this borrowing facility. The total borrowing capacity available from the collateral that has been pledged is $1.73 billion, of which $1.44 billion remained available as of December 31, 2020. At December 31, 2020, we had $26.3 million available for use through the Federal Reserve Bank of San Francisco Discount Window, as we pledged securities with carrying values of $27.3 million, and there were no borrowings. At December 31, 2020, advances from the FHLB were $150.0 million, an increase of $60.0 million from $90.0 million at December 31, 2019, and all of the FHLB advances were term borrowings at December 31, 2020. For the years ended December 31, 2020, 2019 and 2018, interest expense on FHLB advances were $2.2 million, $763,000 and $3.4 million, respectively, and the weighted-average interest rates were 1.42 percent, 1.89 percent and 1.94 percent, respectively. There were no outstanding borrowings on the FRB PPP Lending Facility as of December 31, 2020 and available borrowing capacity was $300.4 million, which was extended through March 31, 2021. Note 10 — Subordinated Debentures The Company issued Fixed-to-Floating Subordinated Notes (“Notes”) of $100.0 million on March 21, 2017, with a final maturity on March 30, 2027. The Notes have an initial fixed interest rate of 5.45 percent per annum, payable semi-annually on March 30 and September 30 of each year. From and including March 30, 2022 and thereafter, the Notes bear interest at a floating rate equal to the then current three-month LIBOR, as calculated on each applicable date of determination, plus 3.315 percent payable quarterly. If the then current three-month LIBOR is less than zero, three-month LIBOR will be deemed to be zero. Debt issuance cost was $2.3 million, which is being amortized through the Note’s maturity date. At December 31, 2020 and 2019, the balance of Notes included in the Company’s Consolidated Balance Sheet, net of debt issuance cost, was $98.5 million and $98.3 million. The amortization of debt issuance cost was $205,000, $193,000 and $182,000 for the years ended December 31, 2020, 2019 and 2018, respectively. The Company assumed Junior Subordinated Deferrable Interest Debentures (“Subordinated Debentures”) as a result of an acquisition in 2014 with an unpaid principal balance of $26.8 million and an estimated fair value of $18.5 million. The $8.3 million discount is being amortized to interest expense through the debentures’ maturity date of March 15, 2036. A trust was formed in 2005 which issued $26.0 million of Trust Preferred Securities (“TPS”) at a 6.26 percent fixed rate for the first five years and a variable rate at the three-month LIBOR plus 140 basis points thereafter and invested the proceeds in the Subordinated Debentures. The Company may redeem the Subordinated Debentures at an earlier date if certain conditions are met. The TPS will be subject to mandatory redemption if the Subordinated Debentures are repaid by the Company. Interest is payable quarterly, and the Company has the option to defer interest payments on the Subordinated Debentures from time to time for a period not to exceed five consecutive years. At December 31, 2020 and 2019, the balance of Subordinated Debentures included in the Company’s Consolidated Balance Sheets, net of discount of $6.4 million and $6.8 million, was $20.4 million and $20.0 million. The amortization of discount was $390,000, $376,000 and $356,000 for the years ended December 31, 2020, 2019 and 2018, respectively.

Subordinated Debentures

Subordinated Debentures	12 Months Ended
Subordinated Debentures	Dec. 31, 2020
Debt Disclosure [Abstract]
Borrowings	Note 9 — Borrowings Borrowings consisted of FHLB advances, which represent collateralized obligations with the FHLB. The following is a summary of contractual maturities of FHLB advances: As of December 31, 2020 2019 Outstanding Balance Weighted Average Rate Outstanding Balance Weighted Average Rate (dollars in thousands) Overnight advances $ — 0.00 % $ 15,000 1.66 % Advances due within 12 months 50,000 1.61 % 25,000 1.75 % Advances due over 12 months through 24 months 50,000 1.62 % 25,000 1.66 % Advances due over 24 months through 36 months 50,000 0.97 % 25,000 1.72 % Outstanding advances $ 150,000 1.40 % $ 90,000 1.70 % The following is financial data pertaining to FHLB advances: As of December 31, 2020 2019 2018 (dollars in thousands) Weighted-average interest rate at end of year 1.40 % 1.70 % 2.56 % Weighted-average interest rate during the year 1.42 % 1.89 % 1.94 % Average balance of FHLB advances $ 156,601 $ 40,374 $ 174,452 Maximum amount outstanding at any month-end $ 300,000 $ 285,000 $ 300,000 We have pledged loans receivable with market values of $2.17 billion as collateral with the FHLB for this borrowing facility. The total borrowing capacity available from the collateral that has been pledged is $1.73 billion, of which $1.44 billion remained available as of December 31, 2020. At December 31, 2020, we had $26.3 million available for use through the Federal Reserve Bank of San Francisco Discount Window, as we pledged securities with carrying values of $27.3 million, and there were no borrowings. At December 31, 2020, advances from the FHLB were $150.0 million, an increase of $60.0 million from $90.0 million at December 31, 2019, and all of the FHLB advances were term borrowings at December 31, 2020. For the years ended December 31, 2020, 2019 and 2018, interest expense on FHLB advances were $2.2 million, $763,000 and $3.4 million, respectively, and the weighted-average interest rates were 1.42 percent, 1.89 percent and 1.94 percent, respectively. There were no outstanding borrowings on the FRB PPP Lending Facility as of December 31, 2020 and available borrowing capacity was $300.4 million, which was extended through March 31, 2021. Note 10 — Subordinated Debentures The Company issued Fixed-to-Floating Subordinated Notes (“Notes”) of $100.0 million on March 21, 2017, with a final maturity on March 30, 2027. The Notes have an initial fixed interest rate of 5.45 percent per annum, payable semi-annually on March 30 and September 30 of each year. From and including March 30, 2022 and thereafter, the Notes bear interest at a floating rate equal to the then current three-month LIBOR, as calculated on each applicable date of determination, plus 3.315 percent payable quarterly. If the then current three-month LIBOR is less than zero, three-month LIBOR will be deemed to be zero. Debt issuance cost was $2.3 million, which is being amortized through the Note’s maturity date. At December 31, 2020 and 2019, the balance of Notes included in the Company’s Consolidated Balance Sheet, net of debt issuance cost, was $98.5 million and $98.3 million. The amortization of debt issuance cost was $205,000, $193,000 and $182,000 for the years ended December 31, 2020, 2019 and 2018, respectively. The Company assumed Junior Subordinated Deferrable Interest Debentures (“Subordinated Debentures”) as a result of an acquisition in 2014 with an unpaid principal balance of $26.8 million and an estimated fair value of $18.5 million. The $8.3 million discount is being amortized to interest expense through the debentures’ maturity date of March 15, 2036. A trust was formed in 2005 which issued $26.0 million of Trust Preferred Securities (“TPS”) at a 6.26 percent fixed rate for the first five years and a variable rate at the three-month LIBOR plus 140 basis points thereafter and invested the proceeds in the Subordinated Debentures. The Company may redeem the Subordinated Debentures at an earlier date if certain conditions are met. The TPS will be subject to mandatory redemption if the Subordinated Debentures are repaid by the Company. Interest is payable quarterly, and the Company has the option to defer interest payments on the Subordinated Debentures from time to time for a period not to exceed five consecutive years. At December 31, 2020 and 2019, the balance of Subordinated Debentures included in the Company’s Consolidated Balance Sheets, net of discount of $6.4 million and $6.8 million, was $20.4 million and $20.0 million. The amortization of discount was $390,000, $376,000 and $356,000 for the years ended December 31, 2020, 2019 and 2018, respectively.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 11 — Income Taxes In accordance with the provisions of ASC 740, the Company periodically reviews its income tax positions based on tax laws and regulations and financial reporting considerations, and records adjustments as appropriate. This review takes into consideration the status of current taxing authorities’ examinations of the Company’s tax returns, recent positions taken by the taxing authorities on similar transactions, if any, and the overall tax environment. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: Year Ended December 31, 2020 2019 2018 (in thousands) Unrecognized tax benefits at beginning of year $ 73 $ 202 $ 1,039 Gross decreases for tax positions of prior years (73 ) (202 ) — Lapse of statute of limitations — — (837 ) Gross increase for new tax positions — 73 — Unrecognized tax benefits (expense) at end of year $ — $ 73 $ 202 The total amount of unrecognized tax benefits that would affect our effective tax rate if recognized was $0, $73,000 and $202,000 as of December 31, 2020, 2019 and 2018, respectively. For the year ended December 31, 2020, unrecognized tax benefits decreased by $73,000 related to the filing of state income tax returns for open tax years in jurisdictions in which the Company had nexus. For the year ended December 31, 2019, unrecognized tax benefits decreased by $129,000 related to state taxes, primarily in connection with the settlement of the California Franchise Tax Board 2008 and 2009 examinations. For the year ended December 31, 2018, unrecognized tax benefits decreased by $837,000 in connection with California Enterprise Zone interest deductions as result of the lapse of the statute of limitations. The Company does not have any open uncertain tax positions as of December 31, 2020. We account for potential interest and penalties related to uncertain tax positions as part of our provision for federal and state income taxes. Accrued interest and penalties are included within accrued expenses and other liabilities on the Consolidated Balance Sheets. As of December 31, 2020, the Company is subject to examination by various taxing authorities for its federal tax returns for the for the years ending December 31, 2017 through 2019 and state tax returns for the years ending December 31, 2016 through 2019. A summary of the provision for income taxes was as follows: Year Ended December 31, 2020 2019 2018 (in thousands) Current expense: Federal $ 10,565 $ 18,737 $ 13,415 State 6,310 9,377 5,293 Total current expense 16,875 28,114 18,708 Deferred expense (benefit): Federal $ 663 (10,515 ) 3,428 State (239 ) (3,039 ) 3,966 Total deferred expense 424 (13,554 ) 7,394 Income tax expense $ 17,299 $ 14,560 $ 26,102 Deferred tax assets and liabilities were as follows: Year Ended December 31, 2020 2019 2018 (in thousands) Deferred tax assets: Provision for loan losses $ 26,883 $ 18,401 $ 10,035 Purchase accounting 3,902 3,912 2,724 Net operating loss carryforward 15,342 15,453 17,609 Unrealized loss on securities available for sale — — 2,457 Mark to market — 261 — Lease liability 15,562 10,716 — Tax credits — 198 561 State taxes 1,223 1,739 1,138 Other 3,669 3,766 2,955 Total deferred tax assets 66,581 54,446 37,479 Deferred tax liabilities: Mark to market (1,660 ) — (4,719 ) Depreciation (631 ) (388 ) (467 ) Unrealized gain loss on securities available for sale (1,247 ) (1,370 ) — Leases - right of use assets (15,044 ) (10,517 ) — Other (2,228 ) (532 ) — Total deferred tax liabilities (20,810 ) (12,807 ) (5,186 ) Valuation allowance (4,352 ) (4,852 ) (4,852 ) Net deferred tax assets $ 41,418 $ 36,787 $ 27,441 As of each reporting date, management considers the realizability of deferred tax assets based on management’s judgment of various future events and uncertainties, including the timing and amount of future income, as well as the implementation of various tax planning strategies to maximize realization of deferred tax assets. A valuation allowance is provided when it is more likely than not that some portion of deferred tax assets will not be realized. As of December 31, 2020, management determined that a valuation allowance of $4.4 million was appropriate against certain state net operating losses and certain state tax credits. For all other deferred tax assets, management believes it was more likely than not that these deferred tax assets will be realized principally through future taxable income and reversal of existing taxable temporary differences. As of December 31, 2019, management determined a valuation allowance of $4.9 million was appropriate against certain state net operating losses and certain state tax credits. As of December 31, 2020, the Company had net operating loss carryforwards of $14.8 million and $214.8 million for federal and state income tax purposes, respectively. The federal net operating loss carryforwards of $14.8 million expire at various dates from 2034 to 2035. The state net operating loss carryforwards include California of $152.3 million which expire at various dates from 2031 through 2035, and Illinois of $62.5 million which expire at various dates from 2024 to 2025. As of December 31, 2020, the Company had zero state low income housing tax credit carryforwards. Reconciliation between the federal statutory income tax rate and the effective tax rates is shown in the following table: Year Ended December 31, 2020 2019 2018 Federal statutory income tax rate 21.00 % 21.00 % 21.00 % State taxes, net of federal tax benefits 7.86 % 9.39 % 9.50 % Tax credit - federal (2.68 )% (3.49 )% (2.37 )% Federal rate adjustment, net of federal benefits of state 0.00 % 0.00 % 1.32 % Low-income housing amortization 3.02 % 4.17 % 2.40 % Other (0.12 )% (0.32 )% (0.76 )% Effective tax rate 29.08 % 30.75 % 31.09 % The CARES Act includes provisions for tax payment relief, significant business incentives, and certain corrections to the 2017 Tax Cuts and Jobs Act. The tax relief measures for entities includes a five-year

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
Accumulated Other Comprehensive Income (Loss)	Dec. 31, 2020
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 12 — Accumulated Other Comprehensive Income (Loss) Activity in accumulated other comprehensive income for the year ended December 31, 2020, 2019 and 2018 was as follows: Unrealized Gains and Losses on Available-for- Sale Securities Tax Benefit (Expense) Total (in thousands) For the year ended December 31, 2020 Balance at beginning of period $ 4,752 $ (1,370 ) $ 3,382 Other comprehensive income (loss) before reclassification 15,283 123 15,406 Reclassification from accumulated other comprehensive income (15,712 ) — (15,712 ) Net current period other comprehensive income (429 ) 123 (306 ) Balance at end of period $ 4,323 $ (1,247 ) $ 3,076 For the year ended December 31, 2019 Balance at beginning of period $ (8,536 ) $ 2,457 $ (6,079 ) Other comprehensive income (loss) before reclassification 14,583 (3,827 ) 10,756 Reclassification from accumulated other comprehensive income (1,295 ) — (1,295 ) Net current period other comprehensive income 13,288 (3,827 ) 9,461 Balance at end of period $ 4,752 $ (1,370 ) $ 3,382 For the year ended December 31, 2018 Balance at beginning of period $ (3,188 ) $ 1,319 $ (1,869 ) Other comprehensive income (loss) before reclassification (5,790 ) 1,684 (4,106 ) Reclassification from accumulated other comprehensive income (87 ) — (87 ) Adjustments to accumulated other comprehensive income 529 (546 ) (17 ) Net current period other comprehensive income (5,348 ) 1,138 (4,210 ) Balance at end of period $ (8,536 ) $ 2,457 $ (6,079 ) The Company recorded a net $17,000 adjustment related to adoption of two new accounting standards (ASU 2016-01 and ASU 2018-02) effective January 1, 2018. The $17,000 adjustment includes a $529,000 reduction of unrealized losses related to the Company’s mutual funds equity securities upon adoption of ASU 2016-01 and a $546,000 reduction in tax benefits upon adoption of ASU 2016-01 and ASU 2018-02. All mutual fund equity securities were sold during the three months ended March 31, 2018. See Notes 3 and 11 to the Consolidated Financial Statements for additional information on adoption of ASU 2016-01 and ASU 2018-02, respectively. For the year ended December 31, 2020, there was a reclassification from accumulated other comprehensive income to net gain on sales of securities in noninterest income. Net unrealized gain of $15.3 million related to these sold securities had previously been recorded in accumulated other comprehensive income or loss. For the year ended December 31, 2019, there was a $1.3 million reclassification from accumulated other comprehensive income to net gain on sales of securities in noninterest income. Net unrealized gains of $586,000 related to these sold securities had previously been recorded in accumulated other comprehensive income or loss. For the year ended December 31, 2018, there was a $87,000 reclassification from accumulated other comprehensive income to net gain on sales of securities in noninterest income. Net unrealized losses of $413,000 related to these sold securities had previously been recorded in accumulated other comprehensive income or loss.

Regulatory Matters

Regulatory Matters	12 Months Ended
Regulatory Matters	Dec. 31, 2020
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Regulatory Matters	Note 13 — Regulatory Matters Risk-Based Capital Federal bank regulatory agencies require bank holding companies and banks to maintain a minimum ratio of qualifying total capital to risk-weighted assets of 8.0 percent and a minimum ratio of Tier 1 capital to risk-weighted assets of 6.0 percent. In addition to the risk-based guidelines, federal bank regulatory agencies require bank holding companies and banks to maintain a minimum ratio of Tier 1 capital to average assets, referred to as the leverage ratio, of 4.0 percent. In order for banks to be considered “well capitalized,” federal bank regulatory agencies require them to maintain a minimum ratio of qualifying total capital to risk-weighted assets of 10.0 percent and a minimum ratio of Tier 1 capital to risk-weighted assets of 8.0 percent. In addition to the risk-based guidelines, federal bank regulatory agencies require depository institutions to maintain a minimum ratio of Tier 1 capital to average assets, referred to as the leverage ratio, of 5.0 percent. At December 31, 2020, the Bank’s capital ratios exceeded the minimum requirements to place the Bank in the “well capitalized” category and the Company exceeded all of its applicable minimum regulatory capital ratio requirements. A capital conservation buffer of 2.5 percent became effective on January 1, 2019, and must be met to avoid limitations on the ability of the Bank to pay dividends, repurchase shares or pay discretionary bonuses. The Bank’s capital conservation buffer was 6.86 percent and 6.64 percent and the Company's capital conservation buffer was 5.93 percent and 5.78 percent as of December 31, 2020 and 2019, respectively. In 2019, the federal banking agencies jointly issued a final rule that provides for an optional, simplified measure of capital adequacy, the community bank leverage ratio framework (“CBLR”), for qualifying community banking organizations, consistent with Section 201 of the Economic Growth, Regulatory Relief, and Consumer Act. The final rule became effective January 1, 2020, however the Company opted out of the CBLR as of December 31, 2020. In March 2020, the OCC, the Board of Governors of the Federal Reserve System, and the FDIC announced an interim final rule to delay the impact on regulatory capital arising from the implementation of CECL. The interim final rule maintains the three-year transition option in the previous rule and provides banks the option to delay for two years an estimate of CECL’s effect on regulatory capital, relative to the incurred loss methodology’s effect on regulatory capital, followed by a three-year transition period (five-year transition option). The Company and the Bank adopted the capital transition relief over the permissible five-year period. The capital ratios of Hanmi Financial and the Bank as of December 31, 2020 and 2019 were as follows: Actual Minimum Regulatory Requirement Minimum to be Categorized as “Well Capitalized” Amount Ratio Amount Ratio Amount Ratio (in thousands) December 31, 2020 Total capital (to risk-weighted assets): Hanmi Financial $ 743,091 15.21 % $ 390,884 8.00 % N/A N/A Hanmi Bank $ 726,532 14.86 % $ 391,114 8.00 % $ 488,893 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 583,076 11.93 % $ 293,163 6.00 % N/A N/A Hanmi Bank $ 665,058 13.60 % $ 293,336 6.00 % $ 391,114 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 562,647 11.52 % $ 219,872 4.50 % N/A N/A Hanmi Bank $ 665,058 13.60 % $ 220,002 4.50 % $ 317,780 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 583,076 9.49 % $ 245,882 4.00 % N/A N/A Hanmi Bank $ 665,059 10.83 % $ 245,736 4.00 % $ 307,170 5.00 % December 31, 2019 Total capital (to risk-weighted assets): Hanmi Financial $ 714,288 15.11 % $ 378,059 8.00 % N/A N/A Hanmi Bank $ 691,024 14.64 % $ 377,516 8.00 % $ 471,895 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 556,820 11.78 % $ 283,544 6.00 % N/A N/A Hanmi Bank $ 631,978 13.39 % $ 283,137 6.00 % $ 377,516 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 536,781 11.36 % $ 212,658 4.50 % N/A N/A Hanmi Bank $ 631,978 13.39 % $ 212,353 4.50 % $ 306,732 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 556,820 10.15 % $ 219,367 4.00 % N/A N/A Hanmi Bank $ 631,978 11.56 % $ 218,748 4.00 % $ 273,435 5.00 %

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 14 — Fair Value Measurements Fair Value Measurements ASC 820, Fair Value Measurements and Disclosures, defines fair value, establishes a framework for measuring fair value including a three-level valuation hierarchy, and expands disclosures about fair value measurements. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The three-level fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that may be used to measure fair value are defined as follows: • Level 1 - Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. • Level 2 - Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, and other inputs that are observable or can be corroborated by observable market data. • Level 3 - Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Fair value is used on a recurring basis for certain assets and liabilities in which fair value is the primary basis of accounting. Additionally, fair value is used on a non-recurring basis to evaluate assets or liabilities for impairment or for disclosure purposes. We record securities available for sale at fair value on a recurring basis. Certain other assets, such as loans held for sale, nonperforming loans, OREO, b ank-owned premises, and core deposit intangible, are recorded at fair value on a non-recurring basis. Non-recurring fair value measurements typically involve assets that are periodically evaluated for impairment and for which any impairment is recorded in the period in which the re-measurement is performed. The following methods and assumptions were used to estimate the fair value of each class of financial instrument below: Securities available for sale - The fair values of securities available for sale are determined by obtaining quoted prices on nationally recognized securities exchanges. If quoted prices are not available, fair values are measured using matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities, or other model-based valuation techniques requiring observable inputs other than quoted prices such as yield curve, prepayment speeds, and default rates. Level 1 securities include U.S. Treasury securities and mutual funds that are traded on an active exchange or by dealers or brokers in active over-the-counter markets. The fair value of these securities is determined by quoted prices on an active exchange or over-the-counter market. Level 2 securities primarily include mortgage-backed securities, collateralized mortgage obligations, U.S. government agency securities and municipal bonds in markets that are active. In determining the fair value of the securities categorized as Level 2, we obtain reports from investment accounting service provider detailing the fair value of each investment security held as of each reporting date. The broker-dealers use prices obtained from an investment accounting service provider to value our fixed income securities. The fair value of the municipal securities is determined based on pricing data provided by nationally recognized pricing services. We review the prices obtained for reasonableness based on our understanding of the marketplace, and also consider any credit issues related to the bonds. As we have not made any adjustments to the market quotes provided to us and as they are based on observable market data, they have been categorized as Level 2 within the fair value hierarchy. Level 3 securities are instruments that are not traded in the market. As such, no observable market data for the instrument is available, which necessitates the use of significant unobservable inputs. Derivatives – The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). Our derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Loans held for sale – All loans held for sale are SBA loans carried at the lower of cost or fair value. Management obtains quotes, bids or pricing indication sheets on all or part of these loans directly from the purchasing financial institutions. Premiums received or to be received on the quotes, bids or pricing indication sheets are indicative of the fact that cost is lower than fair value. At December 31, 2020 and 2019, the entire balance of SBA loans held for sale was recorded at its cost. We record SBA loans held for sale on a nonrecurring basis with Level 2 inputs. Nonperforming loans – Nonaccrual loans receivable and performing restructured loans receivable are considered nonperforming for reporting purposes and are measured and recorded at fair value on a non-recurring basis. All nonperforming loans with a carrying balance over $250,000 are individually evaluated for the amount of impairment, if any. Nonperforming loans with a carrying balance of $250,000 or less are evaluated collectively. However, from time to time, nonrecurring fair value adjustments to collateral dependent nonperforming loans are recorded based on either the current appraised value of the collateral, a Level 2 measurement, or management’s judgment and estimation of value reported on older appraisals that are then adjusted based on recent market trends, a Level 3 measurement. OREO – Fair value of OREO is based primarily on third party appraisals, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Appraisals are required annually and may be updated more frequently as circumstances require and the fair value adjustments are made to OREO based on the updated appraised value of the property. Other repossessed assets – Fair value of equipment from leasing contracts is based primarily on a third party valuation service, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Valuations are required at the time the asset is repossessed and may be subsequently updated periodically due to the Company’s short-term possession of the asset prior it is sale or as circumstances require and the fair value adjustments are made to the asset based on its value prior to sale. Assets and Liabilities Measured at Fair Value on a Recurring Basis As of December 31, 2020 and 2019, assets and liabilities measured at fair value on a recurring basis are as follows: Level 1 Level 2 Level 3 Quoted Prices in Active Markets for Identical Assets Significant Observable Inputs with No Active Market with Identical Characteristics Significant Unobservable Inputs Total Fair Value (in thousands) December 31, 2020 Assets: Securities available for sale: U.S. Treasury securities $ 10,132 $ — $ — $ 10,132 U.S. government agency and sponsored agency obligations: Mortgage-backed securities — 519,241 — 519,241 Collateralized mortgage obligations — 133,601 — 133,601 Debt securities — 90,807 — 90,807 Total U.S. government agency and sponsored agency obligations — 743,649 — 743,649 Total securities available for sale $ 10,132 $ 743,649 $ — $ 753,781 Derivative financial instruments $ — $ 1,088 $ — $ 1,088 Liabilities: Derivative financial instruments $ — $ 1,149 $ — $ 1,149 December 31, 2019 Assets: Securities available for sale: U.S. Treasury securities $ 35,205 $ — $ — $ 35,205 U.S. government agency and sponsored agency obligations: Mortgage-backed securities — 410,800 — 410,800 Collateralized mortgage obligations — 164,592 — 164,592 Debt securities — 23,879 — 23,879 Total U.S. government agency and sponsored agency obligations — 599,272 — 599,272 Total securities available for sale $ 35,205 $ 599,272 $ — $ 634,477 Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis As of December 31, 2020 and 2019, assets and liabilities measured at fair value on a non-recurring basis are as follows: Level 1 Level 2 Level 3 Total Prices in Active Markets for Identical Assets Observable Inputs with No Active Market with Identical Characteristics Significant Unobservable Inputs (in thousands) December 31, 2020 Assets: Collateral dependent loans (1) $ 63,114 $ — $ — $ 63,114 Other real estate owned 2,360 — — 2,360 Repossessed personal property 857 — — 857 December 31, 2019 Assets: Collateral dependent loans (2) $ 31,049 $ — $ — $ 31,049 Other real estate owned 63 — — 63 Bank-owned premises 1,900 — — 1,900 (1) Consisted of real estate loans of $63.1 million, commercial and industrial loans of $41,000. (2) Consisted of real estate loans of $27.2 million and commercial and industrial loans of $3.9 million. $27.2 million was secured by real estate and $3.9 million was secured by personal property. The following table represents quantitative information about Level 3 fair value comments for assets measured at fair value on a non-recurring basis at December 31, 2020 and 2019: Fair Value Valuation Techniques Unobservable Input(s) Range (Weighted Average) (in thousands) December 31, 2020 Collateral dependent loans: Real estate loans: Commercial property Retail $ 6,330 Market approach Market data comparison (45)% to 35% / 14% Hospitality 20,612 Market approach Market data comparison (3) Other 8,410 Market approach Market data comparison (55)% to 34% / 15% (2) Construction 24,854 Market approach Market data comparison (20)% to 12% / (8)% Residential/consumer loans 2,867 Market approach Market data comparison (13)% to 15% / 6% (2) Total real estate loans 63,073 Commercial and industrial loans: Commercial term 41 Market approach Market data comparison (9)% to 15% / 6% (2) Total $ 63,114 Other real estate owned $ 2,360 Market approach Market data comparison (35)% to 15% / (14)% Repossessed personal property 857 Market approach Market data comparison (4) December 31, 2019 Collateral dependent loans: Real estate loans: Commercial property Other $ 13,926 Market approach Market data comparison (1) Construction 13,228 Market approach Market data comparison (3)% to 43% /21% (2) Total real estate loans 27,154 Commercial and industrial loans: Commercial lines of credit 3,895 Market approach Market data comparison (8)% to 42% /18% (2) Total $ 31,049 Other real estate owned $ 63 Market approach Market data comparison (3) Bank-owned premises 1,900 Market approach Market data comparison (30)% to 55% /(2)% (2) (1) The values were estimated by current market data comparison, supplemented by cost information. The properties compared when possible, with others for sale and that have sold in the general time period. Adjustments are made for differences in equipment, size, cosmetics, conversions, originality, condition as well as sale terms and current economic conditions at time of sale. (2) Appraisal reports utilize a combination of valuation techniques including a market approach, where prices and other relevant information generated by market transactions involving similar or comparable properties are used to determine the appraised value. Appraisals may include an ‘as is’ and ‘upon completion’ valuation scenarios. Adjustments are routinely made in the appraisal process by third-party appraisers to adjust for differences between the comparable sales and income data. Adjustments also result from the consideration of relevant economic and demographic factors with the potential to affect property values. Also, prospective values are based on the market conditions which exist at the date of inspection combined with informed forecasts based on current trends in supply and demand for the property types under appraisal. Positive adjustments disclosed in this table represent increases to the sales comparison and negative adjustment represent decreases. (3) No discount weighted average range available given primary valuation methodology is via discounted cash flow analysis (DCF) for going concern properties. (4) The equipment is usually too low in value to use a professional appraisal service. The values are determined internally using a combination of auction values, vendor recommendations and sales comparisons depending on the equipment type. Some highly commoditized equipment, such as commercial trucks have services that provide industry values. ASC 825, Financial Instruments, requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis. The methodologies for estimating the fair value of financial assets and financial liabilities that are measured on a recurring basis or non-recurring basis are discussed above. The estimated fair value of financial instruments has been determined by using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data in order to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts that we could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Effective January 1, 2018, the Company adopted ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (Topic 825). This standard, among other provisions, requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Other than certain financial instruments for which we have concluded that the carrying amounts approximate fair value, the fair value estimates shown below are based on an exit price notion as of December 31, 2020 and 2019, as required by ASU 2016-01. The financial instruments for which we have concluded that the carrying amounts approximate fair value include: cash and due from banks, accrued interest receivable and payable, and noninterest-bearing deposits. The estimated fair values of financial instruments were as follows: December 31, 2020 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 391,849 $ 391,849 $ — $ — Securities available for sale 753,781 10,132 743,649 — Loans held for sale 8,568 — 9,270 — Loans receivable, net of allowance for credit losses 4,789,742 — — 4,755,302 Accrued interest receivable 16,363 16,363 — — Financial liabilities: Noninterest-bearing deposits 1,898,766 — 1,898,766 — Interest-bearing deposits 3,376,242 — — 3,380,179 Borrowings and subordinated debentures 268,972 — 151,714 118,809 Accrued interest payable 4,564 4,564 — — December 31, 2019 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 121,678 $ 121,678 $ — $ — Securities available for sale 634,477 35,205 599,272 — Loans held for sale 6,020 — 6,382 — Loans receivable, net of allowance for credit losses 4,548,739 — — 4,520,322 Accrued interest receivable 11,742 11,742 — — Financial liabilities: Noninterest-bearing deposits 1,391,624 — 1,391,624 — Interest-bearing deposits 3,307,338 — — 3,317,867 Borrowings and subordinated debentures 208,377 — 89,831 118,807 Accrued interest payable 11,215 11,215 — — The methods and assumptions used to estimate the fair value of each class of financial instruments for which it was practicable to estimate that value are explained below: Cash and due from banks – The carrying amounts of cash and due from banks approximate fair value due to the short-term nature of these instruments (Level 1). Securities – The fair value of securities, consisting of securities available for sale, is generally obtained from market bids for similar or identical securities, from independent securities brokers or dealers, or from other model-based valuation techniques described above (Level 1 and 2). Loans held for sale – Loans held for sale, representing the guaranteed portion of SBA loans, are carried at the lower of aggregate cost or fair market value, as determined based upon quotes, bids or sales contract prices (Level 2). Loans receivable, net of allowance for credit losses – The fair value of loans receivable is estimated based on the discounted cash flow approach. To estimate the fair value of the loans, certain loan characteristics such as account types, remaining terms, annual interest rates or coupons, interest types, past delinquencies, timing of principal and interest payments, current market rates, loan-to-value ratios, loss exposures, and remaining balances are considered. Additionally, the Company’s prior charge-off rates and loss ratios as well as various other assumptions relating to credit, interest, and prepayment risks are used as part of valuing the loan portfolio. Subsequently, the loans were individually evaluated by sorting and pooling them based on loan types, credit risk grades, and payment types. Consistent with the requirements of ASU 2016-01 which was adopted by the Company on January 1, 2018, the fair value of the Company's loans receivable is considered to be an exit price notion as of December 31, 2020 (Level 3). The fair value of collateral dependent loans is estimated based on the net realizable fair value of the collateral or the observable market price of the most recent sale or quoted price from loans held for sale. The Company does not record loans at fair value on a recurring basis. Nonrecurring fair value adjustments to collateral dependent loans are recorded based on the current appraised value of the collateral (Level 3). Accrued interest receivable – The carrying amount of accrued interest receivable approximates its fair value (Level 1). Noninterest-bearing deposits – The fair value of noninterest-bearing deposits is the amount payable on demand at the reporting date (Level 2). Interest-bearing deposits – The fair value of interest-bearing deposits, such as savings accounts, money market checking, and certificates of deposit, is estimated based on discounted cash flows. The cash flows for non-maturity deposits, including savings accounts and money market checking, are estimated based on their historical decaying experiences. The discount rate used for fair valuation is based on interest rates currently being offered by the Bank on comparable deposits as to amount and term (Level 3). Borrowings and subordinated debentures – Borrowings consist of FHLB advances, subordinated debentures and other borrowings. Discounted cash flows based on current market rates for borrowings with similar remaining maturities are used to estimate the fair value of borrowings (Level 2 and 3). Accrued interest payable – The carrying amount of accrued interest payable approximates its fair value (Level 1).

Share-based Compensation

Share-based Compensation	12 Months Ended
Share-based Compensation	Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-based Compensation	Note 15 — Share-based Compensation At December 31, 2020, we had two incentive plans; the 2007 Equity Compensation Plan (the “2007 Plan”) and the 2013 Equity Compensation Plan (the “2013 Plan” and with 2007 Plan, the “Plans”). The Company may provide awards of options, stock appreciation rights, restricted stock awards, restricted stock unit awards, shares granted as a bonus or in lieu of another award, dividend equivalent, other stock-based award or performance award, together with any other right or interest to a participant. Plan participants include executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its related entities. Although no future stock options may be granted, certain employees, directors and officers of Hanmi Financial and its subsidiaries still hold options to purchase Hanmi Financial common stock under the 2007 Plan. Under the 2013 Plan, we may grant equity incentive awards for up to 1,500,000 shares of common stock. As of December 31, 2020, 263,523 shares were still available for issuance under the 2013 Plan. The table below provides the share-based compensation expense and related tax benefits for the periods indicated: Year Ended December 31, 2020 2019 2018 Share-based compensation expense $ 2,544 $ 3,125 $ 3,515 Related tax benefits $ 734 $ 941 $ 984 As of December 31, 2020, unrecognized share-based compensation expense was $2.5 million with an average expected recognition period of 1.5 years. 2013 and 2007 Equity Compensation Plans Stock Options All stock options granted under the Plans have an exercise price equal to the fair market value of the underlying common stock on the date of grant. Stock options granted generally vest based on three to five years of continuous service and expire ten years from the date of grant. New shares of common stock are issued or treasury shares are utilized upon the exercise of stock options. There were no options granted during the three years ended December 31, 2020. The following information under the Plans is presented for the periods indicated: Year Ended December 31, 2020 2019 2018 Fair value of options vested $ — $ — $ 184 Total intrinsic value of options exercised (1) $ — $ 842 $ — Cash received from options exercised $ — $ 2,979 $ — (1) Intrinsic value represents the difference between the closing stock price on the exercise date and the exercise price, multiplied by the number of options. The following is a summary of stock option transactions under the Plans for the periods indicated: Year Ended December 31, 2020 2019 2018 Number of Shares Weighted- Average Exercise Price Per Share Number of Shares Weighted- Average Exercise Price Per Share Number of Shares Weighted- Average Exercise Price Per Share Options outstanding at beginning of period 156,438 $ 18.84 338,338 $ 17.52 364,088 $ 17.86 Options exercised — $ — (181,900 ) $ 16.38 (25,750 ) $ 22.06 Options forfeited (30,500 ) $ 15.73 — $ — — $ — Options expired — $ — — $ — — $ — Options outstanding at end of period 125,938 $ 19.59 156,438 $ 18.84 338,338 $ 17.52 Options exercisable at end of period 125,938 $ 19.59 156,438 $ 18.84 338,338 $ 17.52 As of December 31, 2020, there was no unrecognized compensation cost related to nonvested stock options granted under the plan, and all stock options issued under the plan had vested. As of December 31, 2020, stock options outstanding under the Plans were as follows: Options Outstanding Options Exercisable Number of Shares Intrinsic Value (1) Weighted- Average Average Exercise Price Per Share Weighted- Average Remaining Contractual Life Number of Shares Intrinsic Value (1) Weighted- Average Exercise Price Per Share Weighted- Average Remaining Contractual Life $10.80 to $14.99 4,938 $ — $ 12.54 1.95 years 4,938 $ — $ 12.54 1.95 years $15.00 to $19.99 50,000 — 16.43 2.66 years 50,000 — 16.43 2.66 years $20.00 to $24.83 71,000 — 22.31 3.84 years 71,000 — 22.31 3.84 years 125,938 $ — $ 19.59 125,938 $ 19.59 (1) Intrinsic value represents the difference between the closing stock price on the last trading day of the period, which was $11.34 as of December 31, 2020, and the exercise price, multiplied by the number of options. This value is presented in thousands. Restricted Stock Awards Restricted stock awards under the Plans become fully vested after a certain number of years or after certain performance criteria are met. Hanmi Financial becomes entitled to an income tax deduction in an amount equal to the taxable income reported by the holders of the restricted shares when the restrictions are released and the shares are issued. Restricted shares are forfeited if officers and employees terminate prior to the lapsing of restrictions. Forfeitures of restricted stock are treated as canceled shares. The table below provides information for restricted stock awards under the 2013 Plan for the periods indicated: 2020 2019 2018 Number of Shares Weighted- Average Grant Date Fair Value Per Share Number of Shares Weighted- Average Grant Date Per Share Number of Shares Weighted- Average Grant Date Fair Value Per Share Restricted stock at beginning of period 296,201 $ 22.91 304,595 $ 21.98 317,783 $ 21.09 Restricted stock granted 125,896 $ 8.51 181,204 $ 22.05 156,771 $ 25.02 Restricted stock vested (137,892 ) $ 24.68 (99,527 ) $ 27.56 (106,674 ) $ 27.11 Restricted stock forfeited (40,497 ) $ 16.55 (90,071 ) $ 13.78 (63,285 ) $ 15.38 Restricted stock at end of period 243,708 $ 15.60 296,201 $ 22.91 304,595 $ 21.98 As of December 31, 2020, there was $2.5 million of total unrecognized compensation cost related to nonvested shares granted under the Plan. The cost is expected to be recognized over a weighted-average period of 1.5 years. The total fair value of shares vested during the years ended December 31, 2020, 2019 and 2018 was $1.4 million, $2.1 million, and $3.0 million, respectively. During the twelve months ended December 31, 2020, the Company granted to members of executive management 23,937 performance stock units (PSUs) with a grant date fair value of $231,000 from the 2013 Equity Compensation Plan. PSUs are similar to restricted stock awards, except the recipient does not receive the stock immediately, but instead receives it in accordance to a vesting plan and distribution schedule after achieving required performance milestones and upon remaining with the Company for a particular length of time. Each PSU that vests entitles the recipient to receive one share of the Company’s common stock on a specified issuance date. Under the provisions of the plan, the PSUs vest into shares based on a three-year three-year Compensation expense for these units is based on the fair value of the grants at the grant date and is straight-lined over the vesting period. As of the twelve months ended December 31, 2020 total compensation expense for the PSUs was $32,000. The total fair value of the PSUs at December 31, 2020 was $271,000.

Earnings per Share

Earnings per Share	12 Months Ended
Earnings per Share	Dec. 31, 2020
Earnings Per Share [Abstract]
Earnings per Share	Note 16 — Earnings per Share The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated: Weighted- Net Average Per Income Shares Share (Numerator) (Denominator) Amount (1) Year Ended December 31, 2020 Basic EPS Net income $ 42,196 30,280,415 $ 1.39 Less: income allocated to unvested restricted stock 532 30,280,415 0.02 Basic EPS $ 41,664 30,280,415 $ 1.38 Effect of dilutive securities - options and unvested restricted stock — — — Diluted EPS Net income $ 42,196 30,280,415 $ 1.39 Less: income allocated to unvested restricted stock 532 30,280,415 0.02 Diluted EPS $ 41,664 30,280,415 $ 1.38 Year Ended December 31, 2019 Basic EPS Net income $ 32,788 30,725,376 $ 1.07 Less: income allocated to unvested restricted stock 230 30,725,376 0.01 Basic EPS $ 32,558 30,725,376 $ 1.06 Effect of dilutive securities - options and unvested restricted stock — 35,046 — Diluted EPS Net income $ 32,788 30,760,422 $ 1.07 Less: income allocated to unvested restricted stock 230 30,760,422 0.01 Diluted EPS $ 32,558 30,760,422 $ 1.06 Year Ended December 31, 2018 Basic EPS Net income $ 57,868 31,924,863 $ 1.81 Less: income allocated to unvested restricted stock 359 31,924,863 0.01 Basic EPS $ 57,509 31,924,863 $ 1.80 Effect of dilutive securities - options and unvested restricted stock — 126,470 — Diluted EPS Net income $ 57,868 32,051,333 $ 1.80 Less: income allocated to unvested restricted stock 359 32,051,333 0.01 Diluted EPS $ 57,509 32,051,333 $ 1.79 (1) Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding. There were no anti-dilutive options outstanding for the years ended December 31, 2020, 2019 and 2018.

Employee Benefits

Employee Benefits	12 Months Ended
Employee Benefits	Dec. 31, 2020
Postemployment Benefits [Abstract]
Employee Benefits	Note 17 — Employee Benefits 401(k) Plan We have a 401(k) plan for the benefit of substantially all of our employees. We match 75 percent of participant contributions to the 401(k) plan up to 8 percent of each 401(k) plan participant’s annual compensation. Contributions to the 401(k) plan were $2.4 million for all years ended December 31, 2020, 2019 and 2018, respectively. Personal Paid Time Off Full time employees of the Bank are provided a benefit for personal paid time off for vacation and sick time based on their length of employment. As of December 31, 2020 and 2019, the accrued expense liability for personal paid time off was $3.1 million and $2.5 million, respectively. Bank-Owned Life Insurance As of December 31, 2020 and 2019, the cash surrender value of bank-owned life insurance was $53.9 million and $52.8 million, respectively. The Bank is the main beneficiary under the policy, although certain employees named on the policy are eligible for their heirs to be paid upon their death. In the event of the death of a covered officer, we will receive the specified insurance benefit from the insurance carrier.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2020
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 18 — Commitments and Contingencies In the normal course of business, we are involved in various legal claims. Management has reviewed all legal claims against us with in-house or outside legal counsel and has taken into consideration the views of such counsel as to the outcome of the claims. In management’s opinion, the final disposition of all such claims will not have a material adverse effect on our financial position or results of operations.

Off-Balance Sheet Commitments

Off-Balance Sheet Commitments	12 Months Ended
Off-Balance Sheet Commitments	Dec. 31, 2020
Risks And Uncertainties [Abstract]
Off-Balance Sheet Commitments	Note 19 — Off-Balance Sheet Commitments The Bank is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of our customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk similar to the risk involved with on-balance sheet items recognized in the Consolidated Balance Sheets and may expire without ever being utilized. The Bank’s exposure to loan losses in the event of non-performance by the other party to commitments to extend credit and standby letters of credit is represented by the contractual notional amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for extending loan facilities to customers. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, was based on management’s credit evaluation of the counterparty. Collateral held varies but may include accounts receivable, inventory, premises and equipment, and income-producing or borrower-occupied properties. The following table shows the distribution of undisbursed loan commitments as of the dates indicated: December 31, 2020 2019 (in thousands) Commitments to extend credit $ 453,900 $ 371,287 Standby letters of credit 47,169 31,372 Commercial letters of credit 54,547 11,133 Total undisbursed loan commitments $ 555,616 $ 413,792 The allowance for credit losses related to off-balance sheet items is maintained at a level believed to be sufficient to absorb probable losses related to these unfunded credit facilities. The determination of the allowance adequacy is based on periodic evaluations of the unfunded credit facilities including an assessment of the probability of commitment usage, credit risk factors for loans outstanding to these same customers, and the terms and expiration dates of the unfunded credit facilities. Net adjustments to the allowance for credit losses related to off-balance sheet items are included in other operating expenses. Activity in the allowance for credit losses related to off-balance sheet items was as follows for the periods indicated: As of and for the Year Ended December 31, 2020 2019 2018 (in thousands) Balance at beginning of period $ 2,397 $ 1,439 $ 1,296 Adjustment related to adoption of ASU 2016-13 (335 ) — — Adjusted balance $ 2,062 1,439 1,296 Provision expense for credit losses 730 958 143 Balance at end of period $ 2,792 $ 2,397 $ 1,439

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
Derivative Financial Instruments	Dec. 31, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Note 20 — Derivative Financial Instruments The Company’s derivative financial instruments consist entirely of interest rate swap agreements between the Company and its customers and other third party counterparties. The Company enters into “back to back swap” arrangements whereby the Company executes interest rate swap agreements with its customers and acquires an offsetting swap position from a third party counterparty. These derivative financial statements are accounted for at fair value, with changes in fair value recognized in the Company’s Consolidated Statements of Income. The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2020. No such instruments were outstanding as of December 31, 2019. Derivative Assets Derivative Liabilities As of December 31, 2020 As of December 31, 2019 As of December 31, 2020 As of December 31, 2019 Notional Amount Balance Sheet Location Fair Value Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value Balance Sheet Location Fair Value (in thousands) Derivatives not designated as hedging instruments Interest rate products $ 66,904 Other Assets $ 1,088 Other Assets N/A $ 66,904 Other Liabilities $ 1,149 Other Liabilities N/A Total derivatives not designated as hedging instruments $ 1,088 N/A $ 1,149 N/A The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the Income Statement as of December 31, 2020. No such instruments were outstanding as of December 31, 2019. Derivatives Not Designated as Hedging Instruments under Subtopic 815-20 Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivative Year Ended December 31, 2020 (in thousands) Interest rate products Other income $ (61 ) Total $ (61 ) Fee income recognized from the Company's derivative financial instruments for the twelve months ended December 31, 2020 was $1.1 million. The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of December 31, 2020. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the Balance Sheet. Offsetting of Derivative Assets As of December 31, 2020 Gross Amounts Not Offset in the Statement of Financial Position Gross Amounts of Recognized Assets Gross Amounts Offset in the Statement of Financial Position Net Amounts of Assets presented in the Statement of Financial Position Financial Instruments Cash Collateral Received Net Amount (in thousands) Derivatives $ 1,088 $ — $ 1,088 $ 1,088 $ — $ 1,088 Offsetting of Derivative Liabilities As of December 31, 2020 Gross Amounts Not Offset in the Statement of Financial Position Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statement of Financial Position Net Amounts of Liabilities presented in the Statement of Financial Position Financial Instruments Cash Collateral Provided Net Amount (in thousands) Derivatives $ 1,149 $ — $ 1,149 $ — $ 1,150 $ (1 ) The Company has agreements with each of its derivative counterparties that contain a provision where if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligations. In addition, these agreements may also require the Company to post additional collateral should it fail to maintain its status as a well- or adequately-capitalized institution. As of December 31, 2020, the fair value of derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements was $1.1 million. As of December 31, 2020, the Company had posted $1.2 million of collateral related to these agreements and is essentially over-collateralized since its net liability position is $61,000 ($1.1 million fair value of assets less $1.1 million fair value of liabilities) as of the end of the period. If the Company had breached any of the provisions described above at December 31, 2020, it could have been required to settle its obligations under the agreements at their termination value of $1.1 million.

Qualified Affordable Housing Pr

Qualified Affordable Housing Project Investments	12 Months Ended
Qualified Affordable Housing Project Investments	Dec. 31, 2020
Investments In Affordable Housing Projects [Abstract]
Qualified Affordable Housing Project Investments	Note 21 — Qualified Affordable Housing Project Investments The Company invests in qualified affordable housing projects. At December 31, 2020 and 2019, the balance of the investment for qualified affordable housing projects was $7.8 million and $9.6 million, respectively. This balance is reflected in prepaid expenses and other assets on the consolidated balance sheets. Total unfunded commitments related to the investments in qualified affordable housing projects aggregated $84,000 and $112,000 at December 31, 2020 and 2019, respectively. The Company expects to fulfill these commitments during the year ending 2023. During the years ended December 31, 2020 and 2019, the Company recognized amortization expense of $1.8 million and $2.0 million, respectively, which was included within income tax expense on the consolidated statements of income.

Liquidity

Liquidity	12 Months Ended
Liquidity	Dec. 31, 2020
Liquidity [Abstract]
Liquidity	Note 22 — Liquidity Hanmi Financial At December 31, 2020 and 2019, Hanmi Financial had $17.3 million and $17.1 million, respectively, in cash on deposit with its bank subsidiary. Management believes that Hanmi Financial, on a stand-alone basis, had adequate liquid assets to meet its current debt obligations. Hanmi Bank The principal objective of our liquidity management program is to maintain the Bank’s ability to meet the day-to-day cash flow requirements of our customers who either wish to withdraw funds or to draw upon credit facilities to meet their cash needs. Management believes that the Bank, on a stand-alone basis, has adequate liquid assets to meet its current obligations. The Bank’s primary funding source will continue to be deposits originating from its branch platform. The Bank’s wholesale funds historically consisted of FHLB advances and brokered deposits. As of December 31, 2020 and 2019, the Bank had $150.0 million and $90.0 million of FHLB advances and $193.7 million and $264.2 million of brokered deposits, respectively. We monitor the sources and uses of funds on a regular basis to maintain an acceptable liquidity position. The Bank’s primary source of borrowings is the FHLB, from which the Bank is eligible to borrow up to 30 percent of its assets. As of December 31, 2020, the total borrowing capacity available based on pledged collateral and the remaining available borrowing capacity were $1.73 billion and $1.44 billion, respectively, compared to $1.11 billion and $878.4 million, respectively, as of December 31, 2019. The amount that the FHLB is willing to advance differs based on the quality and character of qualifying collateral pledged by the Bank, and the advance rates for qualifying collateral may be adjusted upwards or downwards by the FHLB from time to time. To the extent deposit renewals and deposit growth are not sufficient to fund maturing and withdrawable deposits, repay maturing borrowings, fund existing and future loans, leases and securities, and otherwise fund working capital needs and capital expenditures, the Bank may utilize the remaining borrowing capacity from its FHLB borrowing arrangement. As a means of augmenting its liquidity, the Bank had an available borrowing source of $26.3 million from the Federal Reserve Discount Window, to which the Bank pledged securities with a carrying value of $27.3 million, and had no borrowings as of December 31, 2020. The Bank also maintains a line of credit for repurchase agreements up to $100.0 million. The Bank also had three unsecured federal funds lines of credit totaling $115.0 million with no outstanding balances as of December 31, 2020.

Condensed Financial Information

Condensed Financial Information of Parent Company	12 Months Ended
Condensed Financial Information of Parent Company	Dec. 31, 2020
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company	Note 23 — Condensed Financial Information of Parent Company Balance Sheets Year Ended December 31, 2020 2019 (in thousands) Assets Cash $ 17,266 $ 17,105 Investments in consolidated subsidiaries 679,455 658,464 Other assets 995 7,511 Total assets $ 697,716 $ 683,080 Liabilities and stockholders' equity Liabilities Subordinated debentures $ 118,972 $ 118,377 Other liabilities 1,701 1,436 Total liabilities 120,673 119,813 Stockholders' equity 577,043 563,267 Total liabilities and stockholders' equity $ 697,716 $ 683,080 Statements of Income Year Ended December 31, 2020 2019 2018 (in thousands) Dividends from bank subsidiaries $ 16,986 $ 44,500 $ 76,669 Interest expense (6,607 ) (7,032 ) (6,925 ) Other expense (4,892 ) (5,333 ) (5,988 ) Income before taxes and undistributed income of subsidiary 5,487 32,135 63,756 Income tax benefit 3,247 3,823 4,116 Income before undistributed income of subsidiary 8,734 35,958 67,872 Equity in undistributed income of subsidiary 33,463 (3,170 ) (10,004 ) Net income $ 42,197 $ 32,788 $ 57,868 Statements of Cash Flows Year Ended December 31, 2020 2019 2018 (in thousands) Cash Flows from Operating Activities: Net income $ 42,197 $ 32,788 $ 57,868 Adjustments to reconcile net income to net cash used in operating activities Undistributed income of subsidiary (33,463 ) 3,170 10,004 Amortization of subordinated debentures 595 569 538 Share-based compensation expense 2,544 3,125 3,515 Change in other assets and liabilities 6,779 4,679 (10,463 ) Net cash provided by (used in) operating activities 18,651 44,331 61,462 Cash Flows from Financing Activities: Proceeds from exercise of stock options — 2,979 570 Cash paid for repurchase of vested shares due to employee tax liability (335 ) (517 ) (680 ) Repurchase of common stock (2,196 ) (7,362 ) (36,068 ) Cash dividends paid (15,959 ) (29,776 ) (30,921 ) Net cash provided by (used in) financing activities (18,489 ) (34,676 ) (67,099 ) Net increase (decrease) in cash 162 9,655 (5,637 ) Cash at beginning of year 17,105 7,450 13,087 Cash at end of year $ 17,266 $ 17,105 $ 7,450

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
Quarterly Financial Data (Unaudited)	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	Note 24 — Quarterly Financial Data (Unaudited) Summarized quarterly financial data is shown in the following tables: Quarter Ended March 31 June 30 September 30 December 31 2020: Interest and dividend income $ 58,925 $ 55,736 $ 54,846 $ 54,359 Interest expense 14,950 11,294 9,241 7,482 Net interest income before credit loss expense 43,975 44,442 45,605 46,877 Credit loss expense 15,739 24,594 38 5,083 Noninterest income 6,223 20,931 7,140 8,809 Noninterest expense 31,068 27,138 29,924 30,923 Income before tax 3,391 13,641 22,783 19,680 Income tax expense 1,041 4,466 6,439 5,354 Net income $ 2,350 $ 9,175 $ 16,344 $ 14,326 Basic earnings per share $ 0.08 $ 0.30 $ 0.53 $ 0.47 Diluted earnings per share $ 0.08 $ 0.30 $ 0.53 $ 0.47 Quarter Ended March 31 June 30 September 30 December 31 2019: Interest and dividend income $ 62,414 $ 61,482 $ 62,177 $ 60,699 Interest expense 17,526 18,492 18,119 16,763 Net interest income before credit loss expense 44,888 42,990 44,058 43,936 Credit loss expense 1,117 16,699 1,602 10,752 Noninterest income 6,254 7,729 6,860 6,709 Noninterest expense 29,065 30,144 32,607 34,089 Income before tax 20,960 3,876 16,709 5,804 Income tax expense 6,288 1,220 4,333 2,720 Net income $ 14,672 $ 2,656 $ 12,377 $ 3,084 Basic earnings per share $ 0.48 $ 0.09 $ 0.40 $ 0.10 Diluted earnings per share $ 0.48 $ 0.09 $ 0.40 $ 0.10

Revenue Recognition

Revenue Recognition	12 Months Ended
Revenue Recognition	Dec. 31, 2020
Revenue From Contract With Customer [Abstract]
Revenue Recognition	Note 25 — Revenue Recognition The Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606), as of January 1, 2018. ASU 2014-09 established a principles-based approach to recognizing revenue that applies to all contracts other than those covered by other authoritative U.S. GAAP guidance. Quantitative and qualitative disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows are also required. The standard’s core principle is that a company shall recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies generally are required to use more judgment and make more estimates than under prior guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. Since the guidance does not apply to revenue associated with financial instruments, including loans and securities that are accounted for under GAAP, the new guidance did not have an impact on revenue most closely associated with our financial instruments, including interest income and expense. The Company completed its overall assessment of revenue streams and review of related contracts potentially affected by the ASU, including revenue streams associated with our noninterest income. Based on this assessment, the Company concluded that ASU 2014-09 did not change the method in which the Company currently recognizes revenue for these revenue streams. The Company's noninterest income primarily includes service charges on deposit accounts, trade finance and other service charges and fees, servicing income, bank-owned life insurance income and gains or losses on sale of SBA loans and securities. Based on our assessment of revenue streams related to the Company's noninterest income, we concluded that the Company's performance obligations for such revenue streams are typically satisfied as services are rendered. If applicable, the Company records contract liabilities, or deferred revenue, when payments from customers are received or due in advance of providing services to customers and records contract assets when services are provided to customers before payment is received or before payment is due. The Company’s noninterest revenue streams are largely based on transactional activities and since the Company generally receives payments for its services during the period or at the time services are provided, there are no contract asset or receivable balances as of December 31, 2020 and 2019 . Consideration is often received immediately or shortly after the Company satisfies its performance obligations and revenue is recognized. The Company also completed its evaluation of certain costs related to these revenue streams to determine whether such costs should be presented as expenses or contra-revenue (i.e., gross versus net) and concluded that our Consolidated Statements of Income do not include any revenue streams that are impacted by such gross versus net provisions of the new standard. The Company adopted ASU 2014-09 and its related amendments on its required effective date of January 1, 2018 utilizing the modified retrospective approach. Since there was no impact upon adoption of this new standard, a cumulative effect adjustment to opening retained earnings was not necessary.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 26 — Subsequent Events Management has evaluated subsequent events through the date of issuance of the financial data included herein. There have been no subsequent events that occurred during such period that would require disclosure in this Annual Report on Form 10-K or would be required to be recognized in the Consolidated Financial Statements as of December 31, 2020.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Operations	Summary of Operations Hanmi Financial Corporation (“Hanmi Financial,” the “Company,” “we,” “us” or “our”) is the holding company of Hanmi Bank (the “Bank”). The Bank is a California state-chartered financial institution insured by the Federal Deposit Insurance Corporation (the “FDIC”). The Bank is a state nonmember bank and the FDIC is its primary federal bank regulator. The California Department of Financial Protection and Innovation is the Bank's primary state bank regulator. The Bank’s primary operations are related to traditional banking activities, including the acceptance of deposits and originating loans and investing in securities. The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American and other ethnic communities. The Bank’s full-service offices are located in markets where many of the businesses are run by immigrants and other minority groups. The Bank’s client base reflects the multi-ethnic composition of these communities. As of December 31, 2020, the Bank maintained a network of 35 full-service branch offices and 9 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Georgia and Washington State.
Basis of Presentation	Basis of Presentation The accounting and reporting policies of Hanmi Financial and subsidiaries conform, in all material respects, to U.S. generally accepted accounting principles (“GAAP”) and general practices within the banking industry. The information set forth in the following notes is presented on a continuing operations basis. The following is a summary of the significant accounting policies consistently applied in the preparation of the accompanying Consolidated Financial Statements.
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of Hanmi Financial and its wholly-owned subsidiary, the Bank and Hanmi Financial Corporation Statutory Trust I. All intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The outbreak of COVID-19 has resulted in restrictions on travel and gatherings and restricted business activities. As a result, the operations and business results of the Company could be materially adversely affected. The extent to which the COVID-19 crisis may impact business activity or investment results will depend on future developments, which are highly uncertain and cannot be predicted, including new information which may emerge concerning the severity of the coronavirus and the actions required to contain the coronavirus or treat its impact, among others. This uncertainty may impact the accuracy of our significant estimates, which includes the allowance for credit losses, the allowance for credit losses related to off-balance sheet items, and the valuation of intangible assets including deferred tax assets, goodwill, and servicing assets.
Reclassifications	Reclassifications Certain amounts in the prior years' financial statements and related disclosures were reclassified to conform to the current year presentation with no effect on previously reported net income, stockholders’ equity or cash flows. Reclassifications Certain amounts in the prior years' financial statements and related disclosures were reclassified to conform to the current year presentation with no effect on previously reported net income, stockholders’ equity or cash flows.
Segment Reporting	Segment Reporting Through our branch network and lending units, we provide a broad range of financial services to individuals and companies. These services include demand, time and savings deposits; and commercial and industrial, real estate and consumer lending. While our chief decision makers monitor the revenue streams of our various products and services, operations are managed and financial performance is evaluated on a company-wide basis. Accordingly, we consider all of our operations to be aggregated in one reportable operating segment.
Cash and Due from Banks	Cash and Due from Banks Cash and due from banks include cash, deposits with other financial institutions, and federal funds sold. Net cash flows are reported for customer loan and deposit transactions, interest bearing deposits in other financial institutions, and federal funds purchased and repurchase agreements.
Securities	Securities Securities are classified into three categories and accounted for as follows: (i) Securities that we have the positive intent and ability to hold to maturity are classified as “held to maturity” and reported at amortized cost; (ii) Securities that are bought and held principally for the purpose of selling them in the near future are classified as “trading securities” and reported at fair value. Unrealized gains and losses are recognized in earnings; (iii) Securities not classified as held to maturity or trading securities are classified as “available for sale” and reported at fair value. Unrealized gains and losses are reported either in earnings or as a separate component of stockholders’ equity as accumulated other comprehensive income, net of income taxes. Substantially all of the securities held by the Company are available for sale debt securities. For available-for-sale debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss is recorded and an allowance for credit losses is established, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as a provision for (or reversal of) credit loss expense. Losses are charged against the allowance when management believes the uncollectability of an available-for-sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available-for-sale debt securities totaled $1.2 million at December 31, 2020 and is excluded from the estimate of credit losses.
Loans Receivable	Loans receivable Originated loans: Loans are primarily originated by the Company with the intent to hold them for investment and are stated at the principal amount outstanding, net of deferred fees and costs. Net deferred fees and costs include nonrefundable loan fees, direct loan origination costs and initial direct costs. Net deferred fees or costs are recognized as an adjustment to interest income over the contractual life of the loans using the effective interest method or taken into income when the related loans are paid off or sold. The amortization of loan fees or costs is discontinued when a loan is placed on nonaccrual status. Interest income is recorded on an accrual basis in accordance with the terms of the respective loan and includes prepayment penalties. Equipment leases are similar to commercial business loans in that the leases are typically made on the basis of the borrower’s ability to make repayment from the cash flows of the borrower’s business. Nonaccrual loans and nonperforming assets: Loans are placed on nonaccrual status when, in the opinion of management, the full timely collection of principal or interest is in doubt. Generally, the accrual of interest is discontinued when principal or interest payments become more than 90 days past due, unless management believes the loan is adequately collateralized and is in the process of collection. However, in certain instances, we may place a particular loan on nonaccrual status earlier, depending upon the individual circumstances surrounding the loan’s status. When an asset is placed on nonaccrual, previously accrued but unpaid interest is reversed against current income. Subsequent collections of cash are applied as principal reductions when received, except when the ultimate collectability of principal is probable, in which case interest payments are credited to income. Nonaccrual assets may be restored to accrual status when principal and interest become current and full repayment is expected, which generally occurs after sustained payment of six months. Interest income is recognized on the accrual basis for impaired loans not meeting the criteria for nonaccrual. Nonperforming assets consist of loans on nonaccrual status, loans 90 days or more past due and still accruing interest, loans restructured with troubled borrowers where the terms of repayment have been renegotiated resulting in a reduction or deferral of interest or principal, other real estate owned (“OREO”), and other repossessed personal property.
Loans Held for Sale	Loans held for sale Loans originated, or transferred from loans receivable, and intended for sale in the secondary market are carried at the lower of aggregate cost or fair market value. Fair market value, if lower than cost, is determined based on valuations obtained from market participants or the value of underlying collateral, calculated individually. A valuation allowance is established if the market value of such loans is lower than their cost and net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Origination fees on loans held for sale, net of certain costs of processing and closing the loans, are deferred until the time of sale and are included in the computation of the gain or loss from the sale of the related loans.
Allowance for Credit Losses	Allowance for credit losses Prior to January 1, 2020, the Company followed an “incurred loss” approach in determining the allowance for credit losses. On January 1, 2020, the Company adopted ASU 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaced the incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss (“CECL”) approach. See “Accounting Standards Adopted in 2020” for discussion of the Company’s 2020 policy for determining the allowance for credit losses under CECL. Under the incurred loss methodology, the allowance for loan losses represented management’s estimate of probable incurred losses inherent in the loan portfolio. Management’s estimates were based on: previous loss experience; growth, size and composition of the loan portfolio; the value of collateral; and current economic conditions. These estimates are inherently uncertain and depend on the outcome of future events. The allowance was determined through an analysis involving quantitative calculations based on historic loss rates and qualitative adjustments to account for risk and uncertainties, as well as general allowances and individual impairment calculations for certain individual loans. For 2019, the Company utilized a 35-quarter look-back period, anchored to the first quarter of 2012, with equal weighting to all quarters. Management determined it was appropriate to anchor the look-back period, in consideration for a prolonged period of low losses and the procyclical nature of provisioning. The anchoring allowed the Bank to better capture the economic cycle while improving the ability to measure losses. For 2018, the Bank utilized a 31-quarter look-back period. The estimated loss emergence period utilized in the Company’s loss migration analysis was 2.5 years. Moreover, the Company reevaluated the qualitative adjustments, adjusting to then-current condition in light of the lengthening of the business cycle and the continued improvement in credit metrics. To determine general allowance requirements, existing loans were divided into eleven general pools of risk-rated loans as well as three homogeneous loan pools. For risk-rated loans, a migration analysis allocated historical losses by loan pool and risk grade to determine risk factors for potential losses inherent in the loan portfolio. Since the homogeneous loans were bulk graded, the risk grade was not factored into the historical loss analysis. In addition, specific allowances were allocated for loans deemed “nonperforming.” When determining the appropriate level for allowance for credit losses, management considered qualitative adjustments for any factors that were likely to cause estimated losses associated with the Company’s portfolio to differ from historical loss experience, including, but not limited to, national and local economic and business conditions, volume and geographic concentrations, and problem loan trends. To systematically quantify the credit risk impact of trends and changes within the loan portfolio, a credit risk matrix was utilized. The qualitative factors were considered on a loan pool by loan pool basis subsequent to, and in conjunction with, a loss migration analysis. The credit risk matrix provided various scenarios with positive or negative impact on the portfolio along with corresponding basis points for qualitative adjustments. Loans were measured for impairment when it was probable that not all amounts, including principal and interest, were to be collected in accordance with the original contractual terms of the loan agreement. The amount of impairment and any subsequent changes were recorded through the provision for loan losses as an adjustment to the allowance for credit losses. Recoveries were applied to the allowance for credit losses when realized. The Company charged or credited the income statement for changes to the estimated allowance at least quarterly based upon the allowance need. In general, the Company recognized a charge off when management determined a loan was uncollectable. To determine if a loan should be charged off, possible sources of repayment were analyzed, including the potential for future cash flows from income or liquidation of other assets, the value of any collateral, and the strength of co-makers or guarantors. When these sources did not provide a reasonable probability that principal could be collected in full, the Company fully or partially charged off the loan. For real estate loans, including commercial term loans secured by collateral, a loan was considered nonperforming if the loan was 90 or more days past due. In a case where the fair value of collateral was less than the loan balance and the borrower had no other assets or income to support repayment, the amount of the deficiency was considered a loss and charged off. For commercial and industrial loans other than those secured by real estate, if the borrower was in the process of a bankruptcy filing in which the Company was an unsecured creditor or deemed virtually unsecured by lack of collateral equity or lien position and the borrower had no realizable equity in assets and prospects for recovery are negligible, the loan was considered a loss and charged off. Additionally, commercial and industrial unsecured loans that are more than 120 days past due were considered a loss and charged off. For unsecured consumer loans where the borrower files for bankruptcy, the loan was considered a loss within 60 days of receipt of notification of filing from the bankruptcy court. Other unsecured consumer loans are considered a loss if they were more than 90 days past due. Other events, such as fraud or death result in charge offs being recorded in an earlier period.
Credit Losses on Off-Balance Sheet Credit Exposures	Credit Losses on Off-Balance Sheet Credit Exposures The Company has credit loss exposure for off-balance sheet lending commitments and letters of credit. The Company estimates expected credit losses for off-balance sheet exposures over the contractual period in which it is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Adjustments to the allowance for credit losses on off-balance sheet credit exposures is recognized as a provision for credit loss expense.
Individually Evaluated Loans	Individually Evaluated Loans Prior to the adoption of ASU 2016-13, impaired loans were measured based on the present value of expected future cash flows discounted at the loan's effective interest rate or, as a practical expedient, at the loan's observable market price or the fair value of the collateral if the loan was collateral dependent, less estimated costs to sell. If the estimated value of the impaired loan was less than the recorded investment in the loan, the Company charged-off the deficiency against the allowance for loan losses or we established a specific allowance in the allowance for loan losses. Additionally, we excluded from the quarterly migration analysis impaired loans when determining the amount of the allowance for loan losses required for the period. Under ASU 2016-13, the Company reviews all loans on an individual basis when they do not share similar risk characteristics with loan pools.
Troubled Debt Restructuring	Troubled Debt Restructuring A loan is identified as a TDR when a borrower is experiencing financial difficulties and, for economic or legal reasons related to these difficulties, the Company grants a concession to the borrower in the restructuring that it would not otherwise consider. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. The Company has granted a concession when, as a result of the restructuring, it does not expect to collect all amounts due, including principal and/or interest accrued at the original terms of the loan. The concessions may be granted in various forms, including a below-market change in the stated interest rate, a reduction in the loan balance or accrued interest, an extension of the maturity date, or a note split with principal forgiveness. TDRs are reviewed for potential impairment. Generally, a nonaccrual loan that is restructured remains on nonaccrual status for a period of six months to demonstrate that the borrower can perform under the restructured terms. If the borrower’s performance under the new terms is not reasonably assured, the loan remains classified as a nonaccrual loan. Loans classified as TDRs are reported as impaired loans.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation and amortization are computed on the straight-line method over the estimated useful lives of the various classes of assets. The ranges of useful lives for the principal classes of assets are as follows: Buildings and improvements 10 to 30 years Furniture and equipment 3 to 10 years Leasehold improvements Term of lease or useful life, whichever is shorter Software 3 years
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets We review long-lived assets and certain identifiable intangibles for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net undiscounted cash flows expected to be generated by the asset. If such assets are considered to be nonperforming, the individual amount to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.
Other Real Estate Owned and Repossessed Personal Property	Other Real Estate Owned and Repossessed Personal Property Other real estate owned includes real estate acquired through foreclosure and other real estate holdings that are not used in the operation of the Company’s business. Other repossessed personal property primarily consists of repossessed leasing equipment. Other real estate owned and repossessed personal property are recorded at the lower of cost or fair value less estimated costs to sell. Subsequent declines in fair value are recorded through expense.
Servicing Assets and Servicing liabilities	Servicing Assets and Servicing liabilities Servicing assets and servicing liabilities are initially recorded at fair value. The fair values of servicing assets and servicing liabilities represent either the price paid if purchased, or the allocated carrying amounts based on relative values when retained in a sale. Servicing assets and servicing liabilities are amortized in proportion to, and over the period of, estimated net servicing income. The servicing assets and servicing liabilities are recorded based on the present value of the contractually specified servicing fee, net of adequate compensation cost, for the estimated life of the loan, using a discount rate and a constant prepayment rate. Management periodically evaluates the servicing assets and servicing liabilities for impairment. Impairment, if it occurs, is recognized in a valuation allowance in the period of impairment.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill and other intangible assets consist of acquired intangible assets arising from acquisitions, including core deposit and third-party originator intangibles. The acquired intangible assets are initially measured at fair value and then are amortized on the straight-line method over their estimated useful lives while goodwill is not amortized. Goodwill and other intangible assets are assessed for impairment annually or whenever events or changes in circumstances indicate the carrying amount may not be recoverable. The Company performed its annual impairment test and determined no impairment existed as of December 31, 2020.
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock The Bank is a member of the FHLB of San Francisco and is required to own common stock in the FHLB based upon the Bank’s balance of outstanding FHLB advances. FHLB stock is carried at cost and may be sold back to the FHLB at its carrying value. FHLB stock is periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends received are reported as dividend income.
Bank-Owned Life Insurance	Bank-Owned Life Insurance We have purchased single premium life insurance policies (“bank-owned life insurance”) on certain officers. The Bank and named beneficiaries of various current covered officers are the beneficiaries under each policy. In the event of the death of a covered officer, the Bank and named beneficiaries of the covered officer will receive the specified insurance benefit from the insurance carrier. Bank-owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due, if any, that are probable at settlement. Under the Split Dollar Death Benefit Agreement, upon death of an active employee, the designated beneficiary(ies) are eligible to receive benefits, which in the aggregate, total $3.4 million.
Income Tax	Income Tax We provide for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company has invested in limited partnerships formed to develop and operate affordable housing units for lower income tenants throughout California. The partnership interests are accounted for utilizing the proportional amortization method with amortization expense and tax benefits recognized through the income tax provision.
Share-Based Compensation	Share-Based Compensation The Company may provide awards of options, stock appreciation rights, restricted stock awards, restricted stock unit awards, shares granted as a bonus or in lieu of another award, dividend equivalent, other stock-based award or performance award, together with any other right or interest to a participant. Plan participants include executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its related entities. All stock options granted under its stock-based benefit plans have an exercise price equal to the fair market value of the underlying common stock on the date of grant. Stock options granted generally vest based on three to five years of continuous service and expire 10 years from the date of grant. Restricted stock awards under the Plans become fully vested after a certain number of years or after certain performance criteria are met. Performance stock units vest upon achievement of certain market condition criteria and may have dividend equivalent rights associated with them. Hanmi Financial becomes entitled to an income tax deduction in an amount equal to the taxable income reported by the holders of the restricted shares when the restrictions are released and the shares are issued. Restricted shares are forfeited if officers and employees terminate prior to the lapsing of restrictions or if certain market condition criteria are not met. Forfeitures of restricted stock are treated as canceled shares. Excess tax benefits from exercise or vesting of share-based awards are included as a reduction in provision for income tax expense in the period in which the exercise or vesting occurs.
Earnings per Share	Earnings per Share Earnings per share (“EPS”) is calculated on both a basic and a diluted basis. Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted from the issuance of common stock that then shared in earnings. For diluted EPS, weighted-average number of common shares included the impact of unvested restricted stock under the treasury method. Unvested restricted stock containing rights to non-forfeitable dividends are considered participating securities prior to vesting and have been included in the earnings allocation in computing basic and diluted EPS under the two-class method.
Treasury Stock	Treasury Stock In January 2019, the Company's Board of Directors adopted a stock repurchase program. Under this repurchase program, the Company may repurchase up to 5.0 percent of its outstanding shares or approximately 1.5 million shares of its common stock. The program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares. During the year ended December 31, 2020, the Company repurchased 135,400 shares of common stock at a cost of $2.2 million under this program. We use the cost method of accounting for treasury stock. The cost method requires us to record the reacquisition cost of treasury stock as a deduction from stockholders’ equity on the Consolidated Balance Sheets.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate note. Fair value estimates involve uncertainties and matters of significant judgement regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates.
Recently Issued Accounting Standards	Accounting Standards Adopted in 2020 FASB ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , On January 1, 2020, the Company adopted ASU 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaced the incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss methodology. The measurement of expected credit losses under the CECL methodology is applicable to financial assets measured at amortized cost, including loan receivables and held-to-maturity debt securities. It also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in leases recognized by a lessor in accordance with Topic 842 on leases. In addition, ASU 2016-13 made changes to the accounting for available-for sale debt securities. The Company adopted ASU 2016-13 using the prospective transition approach for debt securities for which the Company would have recognized other-than-temporary impairment prior to January 1, 2020. However, the Company had no such securities and as a result, there was no effect on the balance sheet related to securities from the adoption of ASU 2016-13. As a result, the amortized cost basis remained the same before and after the effective date of ASU 2016-13. The Company adopted ASU 2016-13 using the modified retrospective approach for loans carried at amortized cost. This approach resulted in a $17.4 million increase to the beginning balance of the allowance for credit losses, a $335,000 decrease to the beginning balance of the allowance for off-balance sheet items, and an after-tax charge of $12.2 million to the beginning balance of retained earnings. According to ASU 2016-13, the Company was required to measure its expected credit losses of financial assets on a collective (pool) basis when similar risk characteristic(s) exist. The Company segmented the loans primarily by loan types, including the collateral type, loan purpose, contract term, amortization and payment structure, considering that the same type of loans share considerable similar risk characteristics. Depending on the nature of the pool of financial assets with similar risk characteristics, the Company used a DCF method, a PD/LGD method, or a WARM method to estimate expected credit losses. The Company’s methodologies for estimating the allowance for credit losses considered available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The methodologies applied historical loss information, adjusted for asset-specific characteristics, economic conditions at the measurement date, and forecasts about future economic conditions expected to exist through the contractual lives of the financial assets that were reasonable and supportable, to the identified pools of financial assets with similar risk characteristics. The Company’s methodologies revert to historical loss rates on a straight-line basis over twelve quarters when reasonable supportable long-term (1 year or more) forecasts cannot be developed. The Company has disaggregated the portfolios of financial assets into the following material segments of loans or leases with similar risk characteristics using the following methodologies: At January 1, 2020, the Company used the DCF method to estimate allowances for credit losses for the commercial property, construction, and residential real estate loan portfolios and the commercial and industrial loan portfolio. During the quarter ended June 30, 2020, management determined that, due to model limitations, the regression model that supports the DCF calculation for the commercial property, construction, and residential real estate portfolios did not take into account the high degree of uncertainty of the impact of the COVID-19 pandemic and related government assistance programs on these portfolios. As a result, subsequent to March 31, 2020, the Company determined that the Probability of PD/LGD method was more appropriate for these portfolios. This change did not result in a material impact on the Company’s financial statements. For all loan pools utilizing the DCF method, the Company utilized and forecasted the national unemployment rate as the primary loss driver. The Company also utilized and forecasted either the annualized average return rate from the National Council of Real Estate Investment Fiduciaries Property Index for commercial real estate loans or the one-year percentage change in the S&P/Case-Shiller U.S National Home Price Index for residential real estate loans as a second loss driver depending on the nature of the underlying loan pool and how well that loss driver correlated to expected future losses. For all DCF models at January 1, 2020, the Company determined that four-quarters represented a reasonable and supportable forecast period and reverted to a historical loss rate over twelve quarters on a straight-line basis. The Company leveraged quarterly economic projections from the Federal Open Market Committee and the Federal Reserve Economic Database (“FRED”) to inform its loss driver forecasts over the four-quarter forecast period. During the quarter ended June 30, 2020, the Company changed from using the FRED unemployment forecast to the Moody’s unemployment forecast, as Moody’s updates the unemployment forecast on a more frequent and timely basis, and thus provided a more appropriate basis for periodically re-estimating future cash flows. For each of these loan segments, the Company applied an expected loss ratio based on the discounted cash flows adjusted as appropriate for qualitative factors. Qualitative loss factors are based on the Company's judgment of company, market, industry or business specific data, changes in the underlying loan composition of specific portfolios, trends relating to credit quality, delinquency, nonperforming and adversely rated loans, and reasonable and supportable forecasts of economic conditions. The Company used the PD/LGD method for the Small Business Administration (“SBA”) portfolio to accommodate the unique nature of these loans. Although the PD/LGD methodology is an element of the DCF model, the stand-alone PD/LGD methodology minimizes complications related to the characteristics of SBA loans. A uniqueness of the SBA portfolio is that the U.S. Small Business Administration policy requires servicers to undertake all reasonable collection efforts before charging-off the loan. As a result, the recovery rate for SBA loans tend to be more volatile and not intuitively correlated to economic factors. The Company used the WARM method to estimate expected credit losses for equipment financing agreements or the equipment lease receivables portfolio. The Company applied an expected loss ratio based on internal historical losses adjusted as appropriate for qualitative factors. The Company's evaluation of market, industry or business specific data, changes in the underlying portfolio composition, trends relating to credit quality, delinquency, nonperforming and adversely rated leases, and reasonable and supportable forecasts of economic conditions informed the estimate of qualitative factors. As permitted by ASU 2016-13, the Company elected to maintain pools of loans accounted for under ASC 310-30. In accordance with the standard, management did not reassess whether modifications to individual acquired financial assets accounted for in pools were troubled debt restructurings as of the date of adoption. The Company estimated the allowance for credit losses on loans based on the underlying assets’ amortized cost basis. In the event that collection of principal becomes uncertain, the Company has policies in place to reverse accrued interest in a timely manner. Therefore, the Company has a policy election to exclude accrued interest from the measurement of allowance for credit losses. Expected credit losses are reflected in the allowance for credit losses through a charge to credit loss expense. When the Company deems all or a portion of a financial asset to be uncollectible, the appropriate amount is written off and the allowance for credit losses is reduced by the same amount. Subsequent recoveries, if any, are credited to the allowance for credit losses when received. The following table illustrates the allowance for credit losses and the related impact under ASU 2016-13 to the Company as of January 1, 2020. As Reported Under ASU 2016-13 Pre-ASU 2016-13 Adoption Impact of ASU 2016-13 Adoption Real estate loans: Commercial property Retail $ 6,785 $ 4,911 $ 1,873 Hospitality 12,387 6,686 5,702 Other 13,415 8,060 5,355 Total commercial property loans 32,587 19,657 12,930 Construction loans 15,590 15,003 587 Residential/consumer loans 2,286 1,775 510 Total real estate loans 50,463 36,435 14,027 Commercial and industrial loans: Commercial term loans 12,175 14,077 (1,903 ) Commercial lines of credit 1,358 1,887 (529 ) International loans 176 242 (65 ) Total commercial loans 13,709 16,206 (2,497 ) Leases receivable 14,669 8,767 5,902 Allowance for credit losses on loans receivable $ 78,841 $ 61,408 $ 17,432 Allowance for credit losses on off-balance sheet items $ 2,062 $ 2,398 $ (335 ) Section 4013 of the CARES Act, “Temporary Relief From Troubled Debt Restructurings,” The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was signed into law on March 27, 2020. Section 4013 of the CARES Act permits the temporary suspension under U.S GAAP related to TDRs. To qualify, borrowers are required to have been current at December 31, 2019, and the modification is required to have been completed between March 1, 2020 and the earlier of the 60th day after the COVID-19 national emergency and December 31, 2020. On December 27, 2020, the provisions of the CARES Act pertaining to the suspension of TDRs were extended through January 1, 2022. Substantially all of the modifications completed by the Company during year ended December 31, 2020 were modified under the CARES Act and have not been accounted for as TDRs. See Note 3 for further discussion. FASB ASU 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment , Effective January 1, 2020, the Company adopted this standard, which simplifies the subsequent measurement of goodwill impairment by eliminating the requirement to calculate the implied fair value of goodwill (i.e., the current Step 2 of the goodwill impairment test) to measure a goodwill impairment charge. Under this ASU, the impairment test is simply the comparison of the fair value of a reporting unit with its carrying amount (the current Step 1), with the impairment charge being the deficit in fair value but not exceeding the total amount of goodwill allocated to that reporting unit. The simplified one-step impairment test applies to all reporting units (including those with zero or negative carrying amounts). An entity was to apply the amendments in this ASU on a prospective basis and was required to disclose the nature of and reason for the change in accounting principle upon transition. The Company’s goodwill arose from the purchase of an equipment leasing portfolio in 2016. The equipment leasing portfolio has grown since acquisition, and the Company has concluded no impairment has occurred. Recently Issued Accounting Standards Not Yet Effective ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, On March 12, 2020, the FASB issued ASU 2020-04 to ease the potential burden in accounting for reference rate reform. The amendments in ASU 2020-04 are elective and apply to all entities that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued due to reference rate reform. The new guidance provided several optional expedients that reduce costs and complexity of accounting for reference rate reform, including measures to simplify or modify accounting issues resulting from reference rate reform for contract modifications, hedges, and debt securities. The amendments are effective for all entities from the beginning of an interim period that includes the issuance date of ASU 2020-04. An entity may elect to apply the amendments prospectively through December 31, 2022. The adoption of this standard is not expected to have material effect on the Company’s operating results or financial condition.
Fair Value Measurements	ASC 820, Fair Value Measurements and Disclosures, defines fair value, establishes a framework for measuring fair value including a three-level valuation hierarchy, and expands disclosures about fair value measurements. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The three-level fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that may be used to measure fair value are defined as follows: • Level 1 - Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. • Level 2 - Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, and other inputs that are observable or can be corroborated by observable market data. • Level 3 - Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Fair value is used on a recurring basis for certain assets and liabilities in which fair value is the primary basis of accounting. Additionally, fair value is used on a non-recurring basis to evaluate assets or liabilities for impairment or for disclosure purposes. We record securities available for sale at fair value on a recurring basis. Certain other assets, such as loans held for sale, nonperforming loans, OREO, b ank-owned premises, and core deposit intangible, are recorded at fair value on a non-recurring basis. Non-recurring fair value measurements typically involve assets that are periodically evaluated for impairment and for which any impairment is recorded in the period in which the re-measurement is performed. The following methods and assumptions were used to estimate the fair value of each class of financial instrument below: Securities available for sale - The fair values of securities available for sale are determined by obtaining quoted prices on nationally recognized securities exchanges. If quoted prices are not available, fair values are measured using matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities, or other model-based valuation techniques requiring observable inputs other than quoted prices such as yield curve, prepayment speeds, and default rates. Level 1 securities include U.S. Treasury securities and mutual funds that are traded on an active exchange or by dealers or brokers in active over-the-counter markets. The fair value of these securities is determined by quoted prices on an active exchange or over-the-counter market. Level 2 securities primarily include mortgage-backed securities, collateralized mortgage obligations, U.S. government agency securities and municipal bonds in markets that are active. In determining the fair value of the securities categorized as Level 2, we obtain reports from investment accounting service provider detailing the fair value of each investment security held as of each reporting date. The broker-dealers use prices obtained from an investment accounting service provider to value our fixed income securities. The fair value of the municipal securities is determined based on pricing data provided by nationally recognized pricing services. We review the prices obtained for reasonableness based on our understanding of the marketplace, and also consider any credit issues related to the bonds. As we have not made any adjustments to the market quotes provided to us and as they are based on observable market data, they have been categorized as Level 2 within the fair value hierarchy. Level 3 securities are instruments that are not traded in the market. As such, no observable market data for the instrument is available, which necessitates the use of significant unobservable inputs. Derivatives – The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). Our derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Loans held for sale – All loans held for sale are SBA loans carried at the lower of cost or fair value. Management obtains quotes, bids or pricing indication sheets on all or part of these loans directly from the purchasing financial institutions. Premiums received or to be received on the quotes, bids or pricing indication sheets are indicative of the fact that cost is lower than fair value. At December 31, 2020 and 2019, the entire balance of SBA loans held for sale was recorded at its cost. We record SBA loans held for sale on a nonrecurring basis with Level 2 inputs. Nonperforming loans – Nonaccrual loans receivable and performing restructured loans receivable are considered nonperforming for reporting purposes and are measured and recorded at fair value on a non-recurring basis. All nonperforming loans with a carrying balance over $250,000 are individually evaluated for the amount of impairment, if any. Nonperforming loans with a carrying balance of $250,000 or less are evaluated collectively. However, from time to time, nonrecurring fair value adjustments to collateral dependent nonperforming loans are recorded based on either the current appraised value of the collateral, a Level 2 measurement, or management’s judgment and estimation of value reported on older appraisals that are then adjusted based on recent market trends, a Level 3 measurement. OREO – Fair value of OREO is based primarily on third party appraisals, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Appraisals are required annually and may be updated more frequently as circumstances require and the fair value adjustments are made to OREO based on the updated appraised value of the property. Other repossessed assets – Fair value of equipment from leasing contracts is based primarily on a third party valuation service, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Valuations are required at the time the asset is repossessed and may be subsequently updated periodically due to the Company’s short-term possession of the asset prior it is sale or as circumstances require and the fair value adjustments are made to the asset based on its value prior to sale. The following table represents quantitative information about Level 3 fair value comments for assets measured at fair value on a non-recurring basis at December 31, 2020 and 2019: Fair Value Valuation Techniques Unobservable Input(s) Range (Weighted Average) (in thousands) December 31, 2020 Collateral dependent loans: Real estate loans: Commercial property Retail $ 6,330 Market approach Market data comparison (45)% to 35% / 14% Hospitality 20,612 Market approach Market data comparison (3) Other 8,410 Market approach Market data comparison (55)% to 34% / 15% (2) Construction 24,854 Market approach Market data comparison (20)% to 12% / (8)% Residential/consumer loans 2,867 Market approach Market data comparison (13)% to 15% / 6% (2) Total real estate loans 63,073 Commercial and industrial loans: Commercial term 41 Market approach Market data comparison (9)% to 15% / 6% (2) Total $ 63,114 Other real estate owned $ 2,360 Market approach Market data comparison (35)% to 15% / (14)% Repossessed personal property 857 Market approach Market data comparison (4) December 31, 2019 Collateral dependent loans: Real estate loans: Commercial property Other $ 13,926 Market approach Market data comparison (1) Construction 13,228 Market approach Market data comparison (3)% to 43% /21% (2) Total real estate loans 27,154 Commercial and industrial loans: Commercial lines of credit 3,895 Market approach Market data comparison (8)% to 42% /18% (2) Total $ 31,049 Other real estate owned $ 63 Market approach Market data comparison (3) Bank-owned premises 1,900 Market approach Market data comparison (30)% to 55% /(2)% (2) (1) The values were estimated by current market data comparison, supplemented by cost information. The properties compared when possible, with others for sale and that have sold in the general time period. Adjustments are made for differences in equipment, size, cosmetics, conversions, originality, condition as well as sale terms and current economic conditions at time of sale. (2) Appraisal reports utilize a combination of valuation techniques including a market approach, where prices and other relevant information generated by market transactions involving similar or comparable properties are used to determine the appraised value. Appraisals may include an ‘as is’ and ‘upon completion’ valuation scenarios. Adjustments are routinely made in the appraisal process by third-party appraisers to adjust for differences between the comparable sales and income data. Adjustments also result from the consideration of relevant economic and demographic factors with the potential to affect property values. Also, prospective values are based on the market conditions which exist at the date of inspection combined with informed forecasts based on current trends in supply and demand for the property types under appraisal. Positive adjustments disclosed in this table represent increases to the sales comparison and negative adjustment represent decreases. (3) No discount weighted average range available given primary valuation methodology is via discounted cash flow analysis (DCF) for going concern properties. (4) The equipment is usually too low in value to use a professional appraisal service. The values are determined internally using a combination of auction values, vendor recommendations and sales comparisons depending on the equipment type. Some highly commoditized equipment, such as commercial trucks have services that provide industry values. ASC 825, Financial Instruments, requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis. The methodologies for estimating the fair value of financial assets and financial liabilities that are measured on a recurring basis or non-recurring basis are discussed above. The estimated fair value of financial instruments has been determined by using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data in order to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts that we could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Effective January 1, 2018, the Company adopted ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (Topic 825). This standard, among other provisions, requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Other than certain financial instruments for which we have concluded that the carrying amounts approximate fair value, the fair value estimates shown below are based on an exit price notion as of December 31, 2020 and 2019, as required by ASU 2016-01. The financial instruments for which we have concluded that the carrying amounts approximate fair value include: cash and due from banks, accrued interest receivable and payable, and noninterest-bearing deposits.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Dec. 31, 2020
Accounting Policies [Abstract]
Useful Lives for Principal Classes of Assets	The ranges of useful lives for the principal classes of assets are as follows: Buildings and improvements 10 to 30 years Furniture and equipment 3 to 10 years Leasehold improvements Term of lease or useful life, whichever is shorter Software 3 years
Summary of Impact of ASC on Allowance for Credit Losses	The following table illustrates the allowance for credit losses and the related impact under ASU 2016-13 to the Company as of January 1, 2020. As Reported Under ASU 2016-13 Pre-ASU 2016-13 Adoption Impact of ASU 2016-13 Adoption Real estate loans: Commercial property Retail $ 6,785 $ 4,911 $ 1,873 Hospitality 12,387 6,686 5,702 Other 13,415 8,060 5,355 Total commercial property loans 32,587 19,657 12,930 Construction loans 15,590 15,003 587 Residential/consumer loans 2,286 1,775 510 Total real estate loans 50,463 36,435 14,027 Commercial and industrial loans: Commercial term loans 12,175 14,077 (1,903 ) Commercial lines of credit 1,358 1,887 (529 ) International loans 176 242 (65 ) Total commercial loans 13,709 16,206 (2,497 ) Leases receivable 14,669 8,767 5,902 Allowance for credit losses on loans receivable $ 78,841 $ 61,408 $ 17,432 Allowance for credit losses on off-balance sheet items $ 2,062 $ 2,398 $ (335 )

Securities (Tables)

Securities (Tables)	12 Months Ended
Securities (Tables)	Dec. 31, 2020
Investments Debt And Equity Securities [Abstract]
Summary of Investment Securities Available for Sale	The following is a summary of securities available for sale as of December 31, 2020 and 2019: Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gain Loss Value (in thousands) December 31, 2020 U.S. Treasury securities $ 9,997 $ 135 $ — $ 10,132 U.S. government agency and sponsored agency obligations: Mortgage-backed securities 515,169 4,260 (188 ) 519,241 Collateralized mortgage obligations 133,632 186 (217 ) 133,601 Debt securities 90,660 148 (1 ) 90,807 Total U.S. government agency and sponsored agency obligations 739,461 4,594 (406 ) 743,649 Total securities available for sale $ 749,458 $ 4,729 $ (406 ) $ 753,781 December 31, 2019 U.S. Treasury securities $ 34,946 $ 259 $ — $ 35,206 U.S. government agency and sponsored agency obligations: Mortgage-backed securities 406,813 4,334 (347 ) 410,801 Collateralized mortgage obligations 164,232 792 (432 ) 164,592 Debt securities 23,733 168 (22 ) 23,878 Total U.S. government agency and sponsored agency obligations 594,778 5,294 (801 ) 599,271 Total securities available for sale $ 629,725 $ 5,553 $ (801 ) $ 634,477
Schedule of Amortized Cost and Estimated Fair Value of Investment Securities by Contractual Maturity	The amortized cost and estimated fair value of securities as of December 31, 2020, by contractual or expected maturity, are shown below. Collateralized mortgage obligations are included in the table shown below based on their expected maturities. All other securities are included based on their contractual maturities. Available for Sale Amortized Estimated Cost Fair Value (in thousands) Within one year $ 13,305 $ 13,435 Over one year through five years 139,876 140,100 Over five years through ten years 25,764 25,768 Over ten years 570,513 574,478 Total $ 749,458 $ 753,781
Summary of Debt Securities Available for Sale in an Unrealized Loss Position for Which an Allowance for Credit Losses Has Not Been Recorded	The following table summarizes debt securities available-for-sale in an unrealized loss position for which an allowance for credit losses has not been recorded at December 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position: Holding Period Less than 12 Months 12 Months or More Total Gross Unrealized Loss Estimated Fair Value Number of Securities Gross Unrealized Loss Estimated Fair Value Number of Securities Gross Unrealized Loss Estimated Fair Value Number of Securities (in thousands, except number of securities) December 31, 2020 U.S. government agency and sponsored agency obligations: Mortgage-backed securities $ (188 ) $ 76,023 10 $ — $ — — $ (188 ) $ 76,023 10 Collateralized mortgage obligations (217 ) 97,659 21 — — — (217 ) 97,659 21 Debt securities (1 ) 4,999 1 — — — (1 ) 4,999 1 Total U.S. government agency and sponsored agency obligations (406 ) 178,681 32 — — — (406 ) 178,681 32 Total $ (406 ) $ 178,681 32 $ — $ — — $ (406 ) $ 178,681 32 December 31, 2019 U.S. government agency and sponsored agency obligations: Mortgage-backed securities $ (186 ) $ 51,261 17 $ (160 ) $ 18,757 14 (346 ) 70,018 31 Collateralized mortgage obligations (112 ) 41,419 14 (320 ) 39,936 36 (432 ) 81,355 50 Debt securities (20 ) 8,236 2 (3 ) 2,997 1 (23 ) 11,233 3 Total U.S. government agency and sponsored agency obligations (318 ) 100,916 33 (483 ) 61,690 51 (801 ) 162,606 84 Total $ (318 ) $ 100,916 33 $ (483 ) $ 61,690 51 $ (801 ) $ 162,606 84
Realized Gains and Losses on Sales of Investment Securities	Realized gains and losses on sales of securities and proceeds from sales of securities were as follows for the periods indicated: Year Ended December 31, 2020 2019 2018 (in thousands) Gross realized gains on sales of securities $ 15,712 $ 1,359 $ 87 Gross realized losses on sales of securities — (64 ) (957 ) Net realized gains (losses) on sales of securities $ 15,712 $ 1,295 $ (870 ) Proceeds from sales of securities $ 495,566 113,306 34,751

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
Loans Receivable (Tables)	Dec. 31, 2020
Receivables [Abstract]
Loans Receivable	Loans receivable consisted of the following as of the dates indicated: December 31, 2020 2019 (in thousands) Real estate loans: Commercial property Retail $ 824,606 $ 869,302 Hospitality 859,953 922,288 Other (1) 1,610,377 1,358,432 Total commercial property loans 3,294,936 3,150,022 Construction 58,882 76,455 Residential/consumer loans 345,831 415,698 Total real estate loans 3,699,649 3,642,175 Commercial and industrial loans 757,255 484,093 Leases receivable 423,264 483,879 Loans receivable 4,880,168 4,610,147 Allowance for credit losses (90,426 ) (61,408 ) Loans receivable, net $ 4,789,742 $ 4,548,739 (1) Includes, among other property types, mixed-use, gas station, apartment, office, industrial, faith-based facilities and warehouse; the remaining real estate categories represent less than one percent of the Bank's total loans receivable.
Information on SBA Loans Held for Sale	The following table details the information on SBA loans held for sale by portfolio segment for the years ended December 31, 2020 and 2019: Real Estate Commercial and Industrial Total (in thousands) December 31, 2020 Balance at beginning of period $ 2,943 $ 3,077 $ 6,020 Originations and transfers 44,770 26,922 71,692 Sales (39,666 ) (29,386 ) (69,052 ) Principal paydowns and amortization (5 ) (87 ) (92 ) Balance at end of period $ 8,042 $ 526 $ 8,568 December 31, 2019 Balance at beginning of period $ 5,194 $ 4,196 $ 9,390 Originations and transfers 43,001 33,764 76,765 Sales (45,251 ) (34,865 ) (80,116 ) Principal paydowns and amortization (1 ) (18 ) (19 ) Balance at end of period $ 2,943 $ 3,077 $ 6,020
Allowance for Credit Losses	Activity in the allowance for credit losses was as follows for the periods indicated: As of and for the Year Ended December 31, 2020 2019 2018 (in thousands) Allowance for credit losses: Balance at beginning of period $ 61,408 $ 31,974 $ 31,043 Adjustment related to adoption of ASU 2016-13 17,433 — — Adjusted balance 78,841 31,974 31,043 Less loans receivable charged off 33,952 4,588 7,310 Recoveries on loans receivable previously charged off (3,063 ) (3,852 ) (4,251 ) Provision for credit losses 42,474 30,170 3,990 Balance at end of period $ 90,426 $ 61,408 $ 31,974
Allowance for Credit Losses by Portfolio Segment	The following table details the information on the allowance for credit losses by portfolio segment for the years ended December 31, 2020 and 2019: Real Estate Commercial and Industrial Leases Receivable Unallocated Total (in thousands) December 31, 2020 Allowance for credit losses: Beginning balance $ 36,435 $ 16,206 $ 8,767 $ — 61,408 Adjustment related to adoption of ASU 2016-13 14,028 (2,497 ) 5,902 — 17,433 Adjusted balance 50,463 13,709 14,669 — 78,841 Less loans charged off 15,567 13,312 5,073 — 33,952 Recoveries on loans receivable previously charged off (2,124 ) (336 ) (603 ) — (3,063 ) Provision for credit losses 14,856 20,677 6,941 — 42,474 Ending balance $ 51,876 $ 21,410 $ 17,140 $ — $ 90,426 Individually evaluated $ 20 $ 7,976 $ 6,056 $ — $ 14,052 Collectively evaluated $ 51,855 $ 13,434 $ 11,085 $ — $ 76,374 Loans receivable $ 3,699,649 $ 757,255 $ 423,264 $ — $ 4,880,168 Individually evaluated $ 65,160 $ 14,568 $ 11,234 $ — $ 90,961 Collectively evaluated $ 3,634,489 $ 742,687 $ 412,030 $ — $ 4,789,207 December 31, 2019 Allowance for credit losses: Beginning balance $ 18,482 $ 7,162 $ 6,303 $ 27 $ 31,974 Less loans charged off 132 1,293 3,162 — 4,588 Recoveries on loans receivable previously charged off (2,190 ) (1,241 ) (422 ) — (3,852 ) Provision for credit losses 15,896 9,097 5,205 (27 ) 30,170 Ending balance $ 36,435 $ 16,206 $ 8,767 $ — $ 61,408 Individually evaluated for impairment $ 14,029 $ 8,885 $ 2,863 $ — $ 25,777 Collectively evaluated for impairment $ 22,406 $ 7,321 $ 5,904 $ — $ 35,631 Loans receivable $ 3,642,175 $ 484,093 $ 483,879 $ — $ 4,610,147 Individually evaluated for impairment $ 45,163 $ 13,700 $ 5,902 $ — $ 64,765 Collectively evaluated for impairment $ 3,597,012 $ 470,393 $ 477,977 $ — $ 4,545,382 The table below illustrates the allowance for credit losses by portfolio segment as a percentage of the recorded total allowance for credit losses and as a percentage of the aggregate recorded investment of loans receivable for the years ended December 31, 2020 and 2019: December 31, 2020 December 31, 2019 Allowance Amount Total Loans Percentage of Total Loans Allowance Amount Total Loans Percentage of Total Loans (in thousands) Real estate loans: Commercial property Retail $ 4,855 $ 824,606 16.9 % $ 4,911 $ 869,302 18.9 % Hospitality 28,801 859,953 17.6 % 6,686 922,288 20.0 % Other 13,991 1,610,377 33.0 % 8,060 1,358,432 29.4 % Total commercial property loans 47,647 3,294,936 67.5 % 19,657 3,150,022 68.3 % Construction 2,876 58,882 1.2 % 15,003 76,455 1.7 % Residential/consumer loans 1,353 345,831 7.1 % 1,775 415,698 9.0 % Total real estate loans 51,876 3,699,649 75.8 % 36,435 3,642,175 79.0 % Commercial and industrial loans 21,410 757,255 15.5 % 16,206 484,093 10.5 % Leases receivable 17,140 423,264 8.7 % 8,767 483,879 10.5 % Total $ 90,426 $ 4,880,168 100.0 % $ 61,408 $ 4,610,147 100.0 %
Summary of Amortized Cost Basis of Collateral Dependent Loans By Class of Loans	The following table represents the amortized cost basis of collateral-dependent loans by class of loans as of December 31, 2020, for which repayment is expected to be obtained through the sale of the underlying collateral and any collateral dependent loans that are still accruing but are considered nonperforming. Amortized Cost (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ 6,330 Hospitality 20,612 Other 8,410 Commercial property 35,352 Construction 24,854 Residential/consumer loans 2,867 Total real estate loans 63,073 Commercial and industrial loans 41 Total (1) $ 63,114 (1) Includes, among other property types, hospitality, retail and other, mixed-use, gas station, apartment, office, industrial, faith-based facilities and warehouse; the remaining real estate categories represent less than one percent of the Bank's total loans receivable.
Credit Quality of Loan Portfolio	As of December 31, 2020 and 2019, the recorded investment in pass/pass-watch, special mention and classified (substandard, doubtful and loss) loans, disaggregated by loan class, were as follows: Pass/Pass- Watch Special Mention Classified Total (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ 807,348 $ 3,382 $ 13,876 $ 824,606 Hospitality 788,369 26,086 45,498 859,953 Other 1,571,012 23,876 15,489 1,610,377 Total commercial property loans 3,166,729 53,344 74,863 3,294,936 Construction 34,028 — 24,854 58,882 Residential/consumer loans 337,549 5,078 3,204 345,831 Total real estate loans 3,538,306 58,422 102,921 3,699,649 Commercial and industrial loans 712,685 18,556 26,014 757,255 Leases receivable 412,030 — 11,234 423,264 Total loans receivable $ 4,663,021 $ 76,978 $ 140,169 $ 4,880,168 December 31, 2019 Real estate loans: Commercial property Retail $ 859,739 $ 2,835 $ 6,728 $ 869,302 Hospitality 915,834 939 5,515 922,288 Other 1,329,817 7,807 20,809 1,358,432 Total commercial property loans 3,105,390 11,580 33,052 3,150,022 Construction 36,956 1,613 37,886 76,455 Residential/consumer loans 410,984 3,217 1,497 415,698 Total real estate loans 3,553,329 16,410 72,436 3,642,175 Commercial and industrial loans 458,184 10,222 15,687 484,093 Leases receivable 477,977 — 5,902 483,879 Total loans receivable $ 4,489,491 $ 26,632 $ 94,025 $ 4,610,147 Term Loans Amortized Cost Basis by Origination Year (1) 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Basis Total December 31, 2020 Real estate loans: Commercial property Risk Rating Pass / Pass Watch $ 920,876 $ 513,962 $ 479,221 $ 343,659 $ 418,362 $ 459,366 $ 31,283 $ 3,166,729 Special Mention 23,429 2,484 8,630 1,672 14,971 2,158 — 53,344 Classified 20,307 4,276 9,239 3,084 18,712 19,115 130 74,863 Total commercial property 964,612 520,722 497,090 348,415 452,045 480,639 31,413 3,294,936 Construction Risk Rating Pass / Pass Watch $ 33,415 $ 613 $ — $ — $ — $ — $ — $ 34,028 Special Mention — — — — — — — — Classified 12,808 — 12,046 — — — — 24,854 Total construction 46,223 613 12,046 — — — — 58,882 Residential/consumer loans Risk Rating Pass / Pass Watch $ 27,997 $ 962 $ 37,122 $ 127,987 $ 82,124 $ 54,004 $ 7,353 $ 337,549 Special Mention — — 930 $ 828 1,863 1,457 — 5,078 Classified — — 620 2,283 301 — — 3,204 Total residential property 27,997 962 38,672 131,098 84,288 55,461 7,353 345,831 Total real estate loans Risk Rating Pass / Pass Watch $ 982,288 $ 515,537 $ 516,343 $ 471,646 $ 500,486 $ 513,370 $ 38,636 $ 3,538,306 Special Mention 23,429 2,484 9,560 2,500 16,834 3,615 — 58,422 Classified 33,115 4,276 21,905 5,367 19,013 19,115 130 102,921 Total real estate loans 1,038,832 522,297 547,808 479,513 536,333 536,100 38,766 3,699,649 Commercial and industrial loans: Risk Rating Pass / Pass Watch $ 406,486 $ 73,160 $ 54,110 $ 17,834 $ 4,464 $ 9,910 $ 146,721 $ 712,685 Special Mention 7,239 4,509 4,146 1,110 31 1,074 447 18,556 Classified 8,552 4,784 1,364 930 4,380 1,359 4,645 26,014 Total commercial and industrial loans 422,277 82,453 59,620 19,874 8,875 12,343 151,813 757,255 Leases receivable: Risk Rating Pass / Pass Watch $ 113,712 $ 165,242 $ 91,408 $ 30,405 $ 10,096 $ 1,167 $ — $ 412,030 Special Mention — — — — — — — — Classified 452 5,728 3,137 876 804 237 — 11,234 Total leases receivable 114,164 170,970 94,545 31,281 10,900 1,404 — 423,264 Total loans receivable: Risk Rating Pass / Pass Watch $ 1,502,486 $ 753,939 $ 661,861 $ 519,885 $ 515,046 $ 524,447 $ 185,357 $ 4,663,021 Special Mention 30,668 6,993 13,706 3,610 16,865 4,689 447 76,978 Classified 42,119 14,788 26,406 7,173 24,197 20,711 4,775 140,169 Total loans receivable 1,575,273 775,720 701,973 530,668 556,108 549,847 190,579 4,880,168 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision. Term Loans Amortized Cost Basis by Origination Year (1) 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Basis Total December 31, 2020 Real estate loans: Commercial property Payment performance Performing $ 961,973 $ 520,330 $ 496,936 $ 346,029 $ 437,231 $ 471,067 $ 31,283 $ 3,264,849 Nonperforming 2,639 392 154 2,386 14,814 9,572 130 30,087 Total commercial property 964,612 520,722 497,090 348,415 452,045 480,639 31,413 3,294,936 Construction Payment performance Performing $ 33,415 $ 613 $ — $ — $ — $ — $ — $ 34,028 Nonperforming 12,808 — 12,046 — — — — 24,854 Total construction 46,223 613 12,046 — — — — 58,882 Residential/consumer loans Payment performance Performing $ 27,997 $ 962 $ 38,052 $ 129,669 $ 83,987 $ 55,461 $ 7,353 343,481 Nonperforming — — 620 1,429 301 — — 2,350 Total residential property 27,997 962 38,672 131,098 84,288 55,461 7,353 345,831 Total real estate loans Payment performance Performing $ 1,023,385 $ 521,905 $ 534,988 $ 475,698 $ 521,218 $ 526,528 $ 38,636 3,642,358 Nonperforming 15,447 392 12,820 3,815 15,115 9,572 130 57,291 Total real estate loans 1,038,832 522,297 547,808 479,513 536,333 536,100 38,766 3,699,649 Commercial and industrial loans: Payment performance Performing $ 413,725 $ 77,672 $ 59,436 $ 19,002 $ 8,875 $ 12,228 $ 151,813 742,751 Nonperforming 8,552 4,781 184 872 — 115 — 14,504 Total commercial and industrial loans 422,277 82,453 59,620 19,874 8,875 12,343 151,813 757,255 Leases receivable: Payment performance Performing 113,712 165,242 91,408 30,405 10,096 1,167 — 412,030 Nonperforming 452 5,728 3,137 876 804 237 — 11,234 Total leases receivable 114,164 170,970 94,545 31,281 10,900 1,404 — 423,264 Total loans receivable: Payment performance Performing $ 1,550,822 $ 764,819 $ 685,832 $ 525,105 $ 540,189 $ 539,923 $ 190,449 4,797,139 Nonperforming 24,451 10,901 16,141 5,563 15,919 9,924 130 83,029 Total loans receivable $ 1,575,273 $ 775,720 $ 701,973 $ 530,668 $ 556,108 $ 549,847 $ 190,579 $ 4,880,168 (1) Includes extensions, renewals, or modifications of credit contracts, which consist of a new credit decision
Information on Individually Evaluated, Disaggregated by Loan Class	The following tables provide information on individually evaluated loans receivable as of December 31, 2020 and December 31, 2019, disaggregated by loan class, as of the dates indicated: Recorded Investment Unpaid Principal Balance With No Related Allowance Recorded With an Allowance Recorded Related Allowance Average Recorded Investment Interest Income Recognized (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ 6,331 $ 6,423 $ 6,330 $ 1 $ — $ 6,728 $ — Hospitality 20,612 20,627 20,612 — — 21,120 — Other 10,430 11,736 9,522 908 20 11,202 — Total commercial property loans 37,373 38,786 36,464 909 20 39,050 — Construction 24,854 26,494 24,854 — — 27,803 — Residential/consumer loans 2,933 3,253 2,867 66 1 2,997 — Total real estate loans 65,160 68,533 64,185 975 21 69,850 — Commercial and industrial loans 14,568 14,688 58 14,510 7,976 14,751 — Leases receivable 11,233 11,237 2,318 8,915 6,056 13,147 758 Total $ 90,961 $ 94,458 $ 66,561 $ 24,400 $ 14,053 $ 97,748 $ 758 December 31, 2019 Real estate loans: Commercial property Retail $ 434 $ 459 $ 111 $ 323 $ 19 $ 894 $ 13 Hospitality 244 400 22 223 24 1,683 — Other 14,864 15,151 14,696 167 12 10,619 168 Total commercial property loans 15,542 16,010 14,829 713 55 13,196 181 Construction 27,201 28,000 — 27,201 13,973 18,421 249 Residential/consumer loans 2,421 2,751 2,309 112 1 2,845 66 Total real estate loans 45,164 46,761 17,138 28,026 14,029 34,462 495 Commercial and industrial loans 13,700 14,090 143 13,557 8,885 19,361 512 Leases receivable 5,902 5,909 1,112 4,790 2,863 4,854 44 Total $ 64,766 $ 66,760 $ 18,393 $ 46,373 $ 25,778 $ 58,677 $ 1,052 December 31, 2018 Real estate loans: Commercial property Retail $ 2,166 $ 2,207 $ 1,894 $ 272 $ — $ 2,001 $ 183 Hospitality 4,282 5,773 4,032 250 — 7,285 482 Other 7,525 8,016 6,253 1,272 1 7,978 601 Total commercial property loans 13,973 15,996 12,179 1,794 1 17,264 1,266 Construction — — — — — — — Residential/consumer loans 1,627 2,002 1,534 93 — 2,952 151 Total real estate loans 15,600 17,998 13,713 1,887 1 20,216 1,417 Commercial and industrial loans 4,396 4,601 1,644 2,752 428 3,568 211 Leases receivable 5,129 5,162 1,256 3,873 1,383 5,229 46 Total $ 25,125 $ 27,761 $ 16,613 $ 8,512 $ 1,812 $ 29,013 $ 1,674
Summary of Interest Foregone on Individually Evaluated Loans	The following is a summary of interest foregone on individually evaluated loans for the periods indicated: Year Ended December 31, 2020 2019 2018 (in thousands) Interest income that would have been recognized had individually evaluated loans performed in accordance with their original terms $ 5,438 $ 3,439 $ 2,808 Less: Interest income recognized on individually evaluated loans (758 ) (1,279 ) (1,674 ) Interest foregone on individually evaluated loans $ 4,680 $ 2,160 $ 1,134
Schedule of Amortized Cost Basis of Loans on Nonaccrual Status and Loans Past Due 90 Days and Still Accruing	The following tables represent the amortized cost basis of loans on nonaccrual status and loans past due 90 days and still accruing as of December 31, 2020 and 2019. December 31, 2020 Nonaccrual Loans With No Allowance for Credit Losses Nonaccrual Loans With Allowance for Credit Losses Loans Past Due 90 Days Still Accruing Total Nonperforming Loans (in thousands) Real estate loans: Retail $ 6,331 $ — $ — $ 6,331 Hospitality 20,612 — — 20,612 Other 2,236 909 — 3,145 Commercial property loans 29,179 909 — 30,088 Construction loans 24,854 — — 24,854 Residential/consumer loans 2,350 — — 2,350 Total real estate loans 56,383 909 — 57,292 Commercial and industrial loans 58 14,449 — 14,507 Leases receivable 2,318 8,915 — 11,233 Total $ 58,759 $ 24,273 $ — $ 83,032 December 31, 2019 Nonaccrual Loans With No Allowance for Credit Losses Nonaccrual Loans With Allowance for Credit Losses Loans Past Due 90 Days Still Accruing Total Nonperforming Loans (in thousands) Real estate loans: Retail $ 111 $ 166 $ — $ 277 Hospitality 3 222 — 225 Other 14,697 167 — 14,864 Commercial property loans 14,811 555 — 15,366 Construction loans — 27,201 — 27,201 Residential/consumer loans 1,778 35 — 1,813 Total real estate loans 16,589 27,791 — 44,380 Commercial and industrial loans 143 13,336 — 13,479 Leases receivable 1,112 4,790 — 5,902 Total $ 17,844 $ 45,917 $ — $ 63,761
Analysis of Past Due Loans, Disaggregated by Loan Class	The following is an aging analysis of loans, disaggregated by loan class, as of the dates indicated: 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total (in thousands) December 31, 2020 Real estate loans: Commercial property Retail $ — $ — $ — $ — $ 824,606 $ 824,606 Hospitality — — 11,076 11,076 848,877 859,953 Other — — 731 731 1,609,646 1,610,377 Total commercial property loans — — 11,807 11,807 3,283,129 3,294,936 Construction — 12,807 — 12,807 46,075 58,882 Residential/consumer loans 4,693 461 564 5,718 340,113 345,831 Total real estate loans 4,693 13,268 12,371 30,332 3,669,317 3,699,649 Commercial and industrial loans 282 27 12,487 12,796 744,459 757,255 Leases receivable 4,051 1,786 4,675 10,512 412,752 423,264 Total loans receivable $ 9,026 $ 15,081 $ 29,533 $ 53,640 $ 4,826,528 $ 4,880,168 December 31, 2019 Real estate loans: Commercial property Retail $ 6 $ 132 $ 111 $ 249 $ 869,053 $ 869,302 Hospitality 907 — — 907 921,381 922,288 Other 51 — 38 89 1,358,344 1,358,432 Total commercial property loans 964 132 149 1,245 3,148,778 3,150,022 Construction — — — — 76,455 76,455 Residential/consumer loans 540 1,657 309 2,507 413,191 415,697 Total real estate loans 1,504 1,789 458 3,752 3,638,424 3,642,175 Commercial and industrial loans 635 133 143 911 483,183 484,093 Leases receivable 5,358 2,138 3,493 10,990 472,889 483,879 Total loans receivable $ 7,497 $ 4,060 $ 4,094 $ 15,652 $ 4,594,496 $ 4,610,147
Non-Accrual Loans, Disaggregated by Loan Class	The following table details nonaccrual loans, disaggregated by loan class, as of the dates indicated: As of December 31, 2020 2019 (in thousands) Real estate loans: Commercial property Retail $ 6,330 $ 277 Hospitality 20,612 225 Other 3,145 14,864 Total commercial property loans 30,087 15,366 Construction 24,854 27,201 Residential/consumer loans 2,350 1,813 Total real estate loans 57,291 44,380 Commercial and industrial loans 14,507 13,479 Leases receivable 11,234 5,902 Total nonaccrual loans $ 83,032 $ 63,761
Non-Performing Assets	The following table details nonperforming assets as of the dates indicated: As of December 31, 2020 2019 (in thousands) Nonaccrual loans $ 83,032 $ 63,761 Loans receivable 90 days or more past due and still accruing — — Total nonperforming loans receivable 83,032 63,761 Other real estate owned ("OREO") 2,360 63 Total nonperforming assets $ 85,392 $ 63,824
Troubled Debt Restructurings, Disaggregated by Type of Concession and by Loan Type	The following table details the recorded investment in TDRs, disaggregated by concession type and by loan type, as of December 31, 2020 and 2019: Nonaccrual TDRs Accrual TDRs Deferral of Principal Deferral of Principal and Interest Reduction of Principal and Interest Extension of Maturity Total Deferral of Principal Deferral of Principal and Interest Reduction of Principal and Interest Extension of Maturity Total (in thousands) December 31, 2020 Real estate loans $ 1,095 $ 3,334 $ 12,492 $ — $ 16,921 $ 513 $ — $ 67 $ 7,290 $ 7,870 Commercial and industrial loans — 144 — — 144 — — 4 56 60 Total $ 1,095 $ 3,478 $ 12,492 $ — $ 17,065 $ 513 $ — $ 71 $ 7,346 $ 7,930 December 31, 2019 Real estate loans $ 689 $ 132 $ 27,740 $ 13,926 $ 42,487 $ 531 $ — $ 77 $ — $ 608 Commercial and industrial loans — 153 12,527 312 12,991 — 36 71 114 222 Total $ 689 $ 285 $ 40,266 $ 14,238 $ 55,478 $ 531 $ 36 $ 148 $ 114 $ 830
Summary of Loans by Class Modified as Troubled Debt Restructurings	The following table presents the number of loans by class modified as troubled debt restructurings that occurred during the years ending December 31, 2020, 2019 and 2018 with their pre- and post-modification recorded amounts. December 31, 2020 December 31, 2019 December 31, 2018 Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment (in thousands except for number of loans) Real estate loans 5 $ 4,479 $ 3,676 6 $ 41,292 $ 42,329 — $ — $ — Commercial and industrial loans — — — 2 12,779 12,562 2 684 664 Total 5 $ 4,479 $ 3,676 8 $ 54,071 $ 54,892 2 $ 684 $ 664

Servicing Assets (Tables)

Servicing Assets (Tables)	12 Months Ended
Servicing Assets (Tables)	Dec. 31, 2020
Transfers And Servicing [Abstract]
Summary of Changes in Servicing Assets	The changes in servicing assets for the years ended December 31, 2020 and 2019 were as follows: As of December 31, 2020 2019 (in thousands) Balance at beginning of period $ 6,956 $ 8,520 Addition related to sale of SBA loans 1,517 1,699 Amortization (2,261 ) (3,263 ) Balance at end of period $ 6,212 $ 6,956

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
Premises and Equipment (Tables)	Dec. 31, 2020
Property Plant And Equipment [Abstract]
Summary of Major Components of Premises and Equipment	The following is a summary of the major components of premises and equipment: As of December 31, 2020 2019 (in thousands) Land $ 6,850 $ 7,980 Building and improvements 12,423 14,120 Furniture and equipment 31,973 27,358 Leasehold improvements 14,813 12,715 Leased equipment 880 879 66,939 63,052 Accumulated depreciation and amortization (40,508 ) (36,982 ) Total premises and equipment, net $ 26,431 $ 26,070

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2020
Leases [Abstract]
Future Minimum Annual Rental Commitments Under Non-Cancelable Operating Leases	At December 31, 2020, future minimum annual rental commitments under these non-cancelable operating leases, with initial or remaining terms of one year or more, were as follows: Amount (in thousands) 2021 7,519 2022 7,261 2023 7,044 2024 6,526 2025 6,060 Thereafter 25,730 Remaining lease commitments 60,140 Interest (6,177 ) Present value of lease liability $ 53,963

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	12 Months Ended
Goodwill and Other Intangibles (Tables)	Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of Goodwill and Other Intangible Assets	The Company's intangible assets were as follows for the periods indicated: December 31, 2020 December 31, 2019 Amortization Period Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in thousands) Core deposit intangible 10 years $ 2,213 $ (1,746 ) $ 467 $ 2,213 $ (1,567 ) $ 646 Third-party originators intangible 7 years 483 (369 ) 114 483 (287 ) 196 Goodwill N/A 11,031 — 11,031 11,031 — 11,031 Total intangible assets $ 13,727 $ (2,115 ) $ 11,612 $ 13,727 $ (1,854 ) $ 11,873
Estimated Future Amortization Expense Related to Other Intangible Assets	Intangible assets amortization expense for the years ended December 31, 2020, 2019 and 2018 was $261,000, $309,000 and $362,000, respectively, and estimated future amortization expense related to the Core Deposit Intangible and the third-party originators intangible for each of the next five years is as follows: Amount (in thousands) 2021 $ 216 2022 171 2023 126 2024 68 2025 — Thereafter — $ 581

Deposits (Tables)

Deposits (Tables)	12 Months Ended
Deposits (Tables)	Dec. 31, 2020
Deposits [Abstract]
Scheduled Maturities of Time Deposits	At December 31, 2020, the scheduled maturities of time deposits are as follows: Year Ending December 31, Time Deposits of $250,000 or More Other Time Deposits Total (in thousands) 2021 $ 296,455 $ 825,677 $ 1,122,132 2022 14,315 115,832 130,148 2023 804 22,881 23,685 2024 — 5,382 5,382 2025 & thereafter 264 2,089 2,352 Total $ 311,838 $ 971,861 $ 1,283,699
Summary of Interest Expense on Deposits	A summary of interest expense on deposits was as follows for the periods indicated: Year Ended December 31, 2020 2019 2018 (in thousands) Demand: interest-bearing $ 70 $ 116 $ 106 Money market and savings 11,016 23,556 16,182 Time deposits of $250,000 or more 3,521 6,338 9,598 Other time deposits 19,387 33,095 17,194 Total interest expense on deposits $ 33,994 $ 63,105 $ 43,080

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
Borrowings (Tables)	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Borrowings	The following is a summary of contractual maturities of FHLB advances: As of December 31, 2020 2019 Outstanding Balance Weighted Average Rate Outstanding Balance Weighted Average Rate (dollars in thousands) Overnight advances $ — 0.00 % $ 15,000 1.66 % Advances due within 12 months 50,000 1.61 % 25,000 1.75 % Advances due over 12 months through 24 months 50,000 1.62 % 25,000 1.66 % Advances due over 24 months through 36 months 50,000 0.97 % 25,000 1.72 % Outstanding advances $ 150,000 1.40 % $ 90,000 1.70 %
Summary of Financial Data Pertaining to Federal Home Loan Bank Advances	The following is financial data pertaining to FHLB advances: As of December 31, 2020 2019 2018 (dollars in thousands) Weighted-average interest rate at end of year 1.40 % 1.70 % 2.56 % Weighted-average interest rate during the year 1.42 % 1.89 % 1.94 % Average balance of FHLB advances $ 156,601 $ 40,374 $ 174,452 Maximum amount outstanding at any month-end $ 300,000 $ 285,000 $ 300,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: Year Ended December 31, 2020 2019 2018 (in thousands) Unrecognized tax benefits at beginning of year $ 73 $ 202 $ 1,039 Gross decreases for tax positions of prior years (73 ) (202 ) — Lapse of statute of limitations — — (837 ) Gross increase for new tax positions — 73 — Unrecognized tax benefits (expense) at end of year $ — $ 73 $ 202
Summary of Provision (Benefit) for Income Taxes	A summary of the provision for income taxes was as follows: Year Ended December 31, 2020 2019 2018 (in thousands) Current expense: Federal $ 10,565 $ 18,737 $ 13,415 State 6,310 9,377 5,293 Total current expense 16,875 28,114 18,708 Deferred expense (benefit): Federal $ 663 (10,515 ) 3,428 State (239 ) (3,039 ) 3,966 Total deferred expense 424 (13,554 ) 7,394 Income tax expense $ 17,299 $ 14,560 $ 26,102
Summary of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities were as follows: Year Ended December 31, 2020 2019 2018 (in thousands) Deferred tax assets: Provision for loan losses $ 26,883 $ 18,401 $ 10,035 Purchase accounting 3,902 3,912 2,724 Net operating loss carryforward 15,342 15,453 17,609 Unrealized loss on securities available for sale — — 2,457 Mark to market — 261 — Lease liability 15,562 10,716 — Tax credits — 198 561 State taxes 1,223 1,739 1,138 Other 3,669 3,766 2,955 Total deferred tax assets 66,581 54,446 37,479 Deferred tax liabilities: Mark to market (1,660 ) — (4,719 ) Depreciation (631 ) (388 ) (467 ) Unrealized gain loss on securities available for sale (1,247 ) (1,370 ) — Leases - right of use assets (15,044 ) (10,517 ) — Other (2,228 ) (532 ) — Total deferred tax liabilities (20,810 ) (12,807 ) (5,186 ) Valuation allowance (4,352 ) (4,852 ) (4,852 ) Net deferred tax assets $ 41,418 $ 36,787 $ 27,441
Reconciliation between Federal Statutory Income Tax Rate and Effective Tax Rates	Reconciliation between the federal statutory income tax rate and the effective tax rates is shown in the following table: Year Ended December 31, 2020 2019 2018 Federal statutory income tax rate 21.00 % 21.00 % 21.00 % State taxes, net of federal tax benefits 7.86 % 9.39 % 9.50 % Tax credit - federal (2.68 )% (3.49 )% (2.37 )% Federal rate adjustment, net of federal benefits of state 0.00 % 0.00 % 1.32 % Low-income housing amortization 3.02 % 4.17 % 2.40 % Other (0.12 )% (0.32 )% (0.76 )% Effective tax rate 29.08 % 30.75 % 31.09 %

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
Accumulated Other Comprehensive Income (Loss) (Tables)	Dec. 31, 2020
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Activity in Accumulated Other Comprehensive Income	Activity in accumulated other comprehensive income for the year ended December 31, 2020, 2019 and 2018 was as follows: Unrealized Gains and Losses on Available-for- Sale Securities Tax Benefit (Expense) Total (in thousands) For the year ended December 31, 2020 Balance at beginning of period $ 4,752 $ (1,370 ) $ 3,382 Other comprehensive income (loss) before reclassification 15,283 123 15,406 Reclassification from accumulated other comprehensive income (15,712 ) — (15,712 ) Net current period other comprehensive income (429 ) 123 (306 ) Balance at end of period $ 4,323 $ (1,247 ) $ 3,076 For the year ended December 31, 2019 Balance at beginning of period $ (8,536 ) $ 2,457 $ (6,079 ) Other comprehensive income (loss) before reclassification 14,583 (3,827 ) 10,756 Reclassification from accumulated other comprehensive income (1,295 ) — (1,295 ) Net current period other comprehensive income 13,288 (3,827 ) 9,461 Balance at end of period $ 4,752 $ (1,370 ) $ 3,382 For the year ended December 31, 2018 Balance at beginning of period $ (3,188 ) $ 1,319 $ (1,869 ) Other comprehensive income (loss) before reclassification (5,790 ) 1,684 (4,106 ) Reclassification from accumulated other comprehensive income (87 ) — (87 ) Adjustments to accumulated other comprehensive income 529 (546 ) (17 ) Net current period other comprehensive income (5,348 ) 1,138 (4,210 ) Balance at end of period $ (8,536 ) $ 2,457 $ (6,079 )

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
Regulatory Matters (Tables)	Dec. 31, 2020
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Capital Ratios of Hanmi Financial and Bank	The capital ratios of Hanmi Financial and the Bank as of December 31, 2020 and 2019 were as follows: Actual Minimum Regulatory Requirement Minimum to be Categorized as “Well Capitalized” Amount Ratio Amount Ratio Amount Ratio (in thousands) December 31, 2020 Total capital (to risk-weighted assets): Hanmi Financial $ 743,091 15.21 % $ 390,884 8.00 % N/A N/A Hanmi Bank $ 726,532 14.86 % $ 391,114 8.00 % $ 488,893 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 583,076 11.93 % $ 293,163 6.00 % N/A N/A Hanmi Bank $ 665,058 13.60 % $ 293,336 6.00 % $ 391,114 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 562,647 11.52 % $ 219,872 4.50 % N/A N/A Hanmi Bank $ 665,058 13.60 % $ 220,002 4.50 % $ 317,780 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 583,076 9.49 % $ 245,882 4.00 % N/A N/A Hanmi Bank $ 665,059 10.83 % $ 245,736 4.00 % $ 307,170 5.00 % December 31, 2019 Total capital (to risk-weighted assets): Hanmi Financial $ 714,288 15.11 % $ 378,059 8.00 % N/A N/A Hanmi Bank $ 691,024 14.64 % $ 377,516 8.00 % $ 471,895 10.00 % Tier 1 capital (to risk-weighted assets): Hanmi Financial $ 556,820 11.78 % $ 283,544 6.00 % N/A N/A Hanmi Bank $ 631,978 13.39 % $ 283,137 6.00 % $ 377,516 8.00 % Common equity Tier 1 capital (to risk-weighted assets) Hanmi Financial $ 536,781 11.36 % $ 212,658 4.50 % N/A N/A Hanmi Bank $ 631,978 13.39 % $ 212,353 4.50 % $ 306,732 6.50 % Tier 1 capital (to average assets): Hanmi Financial $ 556,820 10.15 % $ 219,367 4.00 % N/A N/A Hanmi Bank $ 631,978 11.56 % $ 218,748 4.00 % $ 273,435 5.00 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	As of December 31, 2020 and 2019, assets and liabilities measured at fair value on a recurring basis are as follows: Level 1 Level 2 Level 3 Quoted Prices in Active Markets for Identical Assets Significant Observable Inputs with No Active Market with Identical Characteristics Significant Unobservable Inputs Total Fair Value (in thousands) December 31, 2020 Assets: Securities available for sale: U.S. Treasury securities $ 10,132 $ — $ — $ 10,132 U.S. government agency and sponsored agency obligations: Mortgage-backed securities — 519,241 — 519,241 Collateralized mortgage obligations — 133,601 — 133,601 Debt securities — 90,807 — 90,807 Total U.S. government agency and sponsored agency obligations — 743,649 — 743,649 Total securities available for sale $ 10,132 $ 743,649 $ — $ 753,781 Derivative financial instruments $ — $ 1,088 $ — $ 1,088 Liabilities: Derivative financial instruments $ — $ 1,149 $ — $ 1,149 December 31, 2019 Assets: Securities available for sale: U.S. Treasury securities $ 35,205 $ — $ — $ 35,205 U.S. government agency and sponsored agency obligations: Mortgage-backed securities — 410,800 — 410,800 Collateralized mortgage obligations — 164,592 — 164,592 Debt securities — 23,879 — 23,879 Total U.S. government agency and sponsored agency obligations — 599,272 — 599,272 Total securities available for sale $ 35,205 $ 599,272 $ — $ 634,477
Assets and Liabilities Measured at Fair Value on Non-Recurring Basis	As of December 31, 2020 and 2019, assets and liabilities measured at fair value on a non-recurring basis are as follows: Level 1 Level 2 Level 3 Total Prices in Active Markets for Identical Assets Observable Inputs with No Active Market with Identical Characteristics Significant Unobservable Inputs (in thousands) December 31, 2020 Assets: Collateral dependent loans (1) $ 63,114 $ — $ — $ 63,114 Other real estate owned 2,360 — — 2,360 Repossessed personal property 857 — — 857 December 31, 2019 Assets: Collateral dependent loans (2) $ 31,049 $ — $ — $ 31,049 Other real estate owned 63 — — 63 Bank-owned premises 1,900 — — 1,900 (1) Consisted of real estate loans of $63.1 million, commercial and industrial loans of $41,000. (2) Consisted of real estate loans of $27.2 million and commercial and industrial loans of $3.9 million. $27.2 million was secured by real estate and $3.9 million was secured by personal property.
Quantitative Information about Level 3 Fair Value Comments for Assets Measured at Fair Value on Non-Recurring Basis	The following table represents quantitative information about Level 3 fair value comments for assets measured at fair value on a non-recurring basis at December 31, 2020 and 2019: Fair Value Valuation Techniques Unobservable Input(s) Range (Weighted Average) (in thousands) December 31, 2020 Collateral dependent loans: Real estate loans: Commercial property Retail $ 6,330 Market approach Market data comparison (45)% to 35% / 14% Hospitality 20,612 Market approach Market data comparison (3) Other 8,410 Market approach Market data comparison (55)% to 34% / 15% (2) Construction 24,854 Market approach Market data comparison (20)% to 12% / (8)% Residential/consumer loans 2,867 Market approach Market data comparison (13)% to 15% / 6% (2) Total real estate loans 63,073 Commercial and industrial loans: Commercial term 41 Market approach Market data comparison (9)% to 15% / 6% (2) Total $ 63,114 Other real estate owned $ 2,360 Market approach Market data comparison (35)% to 15% / (14)% Repossessed personal property 857 Market approach Market data comparison (4) December 31, 2019 Collateral dependent loans: Real estate loans: Commercial property Other $ 13,926 Market approach Market data comparison (1) Construction 13,228 Market approach Market data comparison (3)% to 43% /21% (2) Total real estate loans 27,154 Commercial and industrial loans: Commercial lines of credit 3,895 Market approach Market data comparison (8)% to 42% /18% (2) Total $ 31,049 Other real estate owned $ 63 Market approach Market data comparison (3) Bank-owned premises 1,900 Market approach Market data comparison (30)% to 55% /(2)% (2) (1) The values were estimated by current market data comparison, supplemented by cost information. The properties compared when possible, with others for sale and that have sold in the general time period. Adjustments are made for differences in equipment, size, cosmetics, conversions, originality, condition as well as sale terms and current economic conditions at time of sale. (2) Appraisal reports utilize a combination of valuation techniques including a market approach, where prices and other relevant information generated by market transactions involving similar or comparable properties are used to determine the appraised value. Appraisals may include an ‘as is’ and ‘upon completion’ valuation scenarios. Adjustments are routinely made in the appraisal process by third-party appraisers to adjust for differences between the comparable sales and income data. Adjustments also result from the consideration of relevant economic and demographic factors with the potential to affect property values. Also, prospective values are based on the market conditions which exist at the date of inspection combined with informed forecasts based on current trends in supply and demand for the property types under appraisal. Positive adjustments disclosed in this table represent increases to the sales comparison and negative adjustment represent decreases. (3) No discount weighted average range available given primary valuation methodology is via discounted cash flow analysis (DCF) for going concern properties. (4) The equipment is usually too low in value to use a professional appraisal service. The values are determined internally using a combination of auction values, vendor recommendations and sales comparisons depending on the equipment type. Some highly commoditized equipment, such as commercial trucks have services that provide industry values.
Estimated Fair Values of Financial Instruments	The estimated fair values of financial instruments were as follows: December 31, 2020 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 391,849 $ 391,849 $ — $ — Securities available for sale 753,781 10,132 743,649 — Loans held for sale 8,568 — 9,270 — Loans receivable, net of allowance for credit losses 4,789,742 — — 4,755,302 Accrued interest receivable 16,363 16,363 — — Financial liabilities: Noninterest-bearing deposits 1,898,766 — 1,898,766 — Interest-bearing deposits 3,376,242 — — 3,380,179 Borrowings and subordinated debentures 268,972 — 151,714 118,809 Accrued interest payable 4,564 4,564 — — December 31, 2019 Carrying Fair Value Amount Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and due from banks $ 121,678 $ 121,678 $ — $ — Securities available for sale 634,477 35,205 599,272 — Loans held for sale 6,020 — 6,382 — Loans receivable, net of allowance for credit losses 4,548,739 — — 4,520,322 Accrued interest receivable 11,742 11,742 — — Financial liabilities: Noninterest-bearing deposits 1,391,624 — 1,391,624 — Interest-bearing deposits 3,307,338 — — 3,317,867 Borrowings and subordinated debentures 208,377 — 89,831 118,807 Accrued interest payable 11,215 11,215 — —

Share-based Compensation (Table

Share-based Compensation (Tables)	12 Months Ended
Share-based Compensation (Tables)	Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation Expense and Related Tax Benefits	The table below provides the share-based compensation expense and related tax benefits for the periods indicated: Year Ended December 31, 2020 2019 2018 Share-based compensation expense $ 2,544 $ 3,125 $ 3,515 Related tax benefits $ 734 $ 941 $ 984
Summary of Information under Plans	The following information under the Plans is presented for the periods indicated: Year Ended December 31, 2020 2019 2018 Fair value of options vested $ — $ — $ 184 Total intrinsic value of options exercised (1) $ — $ 842 $ — Cash received from options exercised $ — $ 2,979 $ — (1) Intrinsic value represents the difference between the closing stock price on the exercise date and the exercise price, multiplied by the number of options.
Summary of Stock Option Transactions under Plans	The following is a summary of stock option transactions under the Plans for the periods indicated: Year Ended December 31, 2020 2019 2018 Number of Shares Weighted- Average Exercise Price Per Share Number of Shares Weighted- Average Exercise Price Per Share Number of Shares Weighted- Average Exercise Price Per Share Options outstanding at beginning of period 156,438 $ 18.84 338,338 $ 17.52 364,088 $ 17.86 Options exercised — $ — (181,900 ) $ 16.38 (25,750 ) $ 22.06 Options forfeited (30,500 ) $ 15.73 — $ — — $ — Options expired — $ — — $ — — $ — Options outstanding at end of period 125,938 $ 19.59 156,438 $ 18.84 338,338 $ 17.52 Options exercisable at end of period 125,938 $ 19.59 156,438 $ 18.84 338,338 $ 17.52
Summary of Stock Options Outstanding under Plans	As of December 31, 2020, stock options outstanding under the Plans were as follows: Options Outstanding Options Exercisable Number of Shares Intrinsic Value (1) Weighted- Average Average Exercise Price Per Share Weighted- Average Remaining Contractual Life Number of Shares Intrinsic Value (1) Weighted- Average Exercise Price Per Share Weighted- Average Remaining Contractual Life $10.80 to $14.99 4,938 $ — $ 12.54 1.95 years 4,938 $ — $ 12.54 1.95 years $15.00 to $19.99 50,000 — 16.43 2.66 years 50,000 — 16.43 2.66 years $20.00 to $24.83 71,000 — 22.31 3.84 years 71,000 — 22.31 3.84 years 125,938 $ — $ 19.59 125,938 $ 19.59 (1) Intrinsic value represents the difference between the closing stock price on the last trading day of the period, which was $11.34 as of December 31, 2020, and the exercise price, multiplied by the number of options. This value is presented in thousands.
Schedule of Restricted Stock Awards under 2013 Plan	The table below provides information for restricted stock awards under the 2013 Plan for the periods indicated: 2020 2019 2018 Number of Shares Weighted- Average Grant Date Fair Value Per Share Number of Shares Weighted- Average Grant Date Per Share Number of Shares Weighted- Average Grant Date Fair Value Per Share Restricted stock at beginning of period 296,201 $ 22.91 304,595 $ 21.98 317,783 $ 21.09 Restricted stock granted 125,896 $ 8.51 181,204 $ 22.05 156,771 $ 25.02 Restricted stock vested (137,892 ) $ 24.68 (99,527 ) $ 27.56 (106,674 ) $ 27.11 Restricted stock forfeited (40,497 ) $ 16.55 (90,071 ) $ 13.78 (63,285 ) $ 15.38 Restricted stock at end of period 243,708 $ 15.60 296,201 $ 22.91 304,595 $ 21.98

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
Earnings per Share (Tables)	Dec. 31, 2020
Earnings Per Share [Abstract]
Reconciliation of Components Used to Derive Basic and Diluted EPS	The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated: Weighted- Net Average Per Income Shares Share (Numerator) (Denominator) Amount (1) Year Ended December 31, 2020 Basic EPS Net income $ 42,196 30,280,415 $ 1.39 Less: income allocated to unvested restricted stock 532 30,280,415 0.02 Basic EPS $ 41,664 30,280,415 $ 1.38 Effect of dilutive securities - options and unvested restricted stock — — — Diluted EPS Net income $ 42,196 30,280,415 $ 1.39 Less: income allocated to unvested restricted stock 532 30,280,415 0.02 Diluted EPS $ 41,664 30,280,415 $ 1.38 Year Ended December 31, 2019 Basic EPS Net income $ 32,788 30,725,376 $ 1.07 Less: income allocated to unvested restricted stock 230 30,725,376 0.01 Basic EPS $ 32,558 30,725,376 $ 1.06 Effect of dilutive securities - options and unvested restricted stock — 35,046 — Diluted EPS Net income $ 32,788 30,760,422 $ 1.07 Less: income allocated to unvested restricted stock 230 30,760,422 0.01 Diluted EPS $ 32,558 30,760,422 $ 1.06 Year Ended December 31, 2018 Basic EPS Net income $ 57,868 31,924,863 $ 1.81 Less: income allocated to unvested restricted stock 359 31,924,863 0.01 Basic EPS $ 57,509 31,924,863 $ 1.80 Effect of dilutive securities - options and unvested restricted stock — 126,470 — Diluted EPS Net income $ 57,868 32,051,333 $ 1.80 Less: income allocated to unvested restricted stock 359 32,051,333 0.01 Diluted EPS $ 57,509 32,051,333 $ 1.79 (1) Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding.

Off-Balance Sheet Commitments (

Off-Balance Sheet Commitments (Tables)	12 Months Ended
Off-Balance Sheet Commitments (Tables)	Dec. 31, 2020
Risks And Uncertainties [Abstract]
Distribution of Undisbursed Loan Commitments	The following table shows the distribution of undisbursed loan commitments as of the dates indicated: December 31, 2020 2019 (in thousands) Commitments to extend credit $ 453,900 $ 371,287 Standby letters of credit 47,169 31,372 Commercial letters of credit 54,547 11,133 Total undisbursed loan commitments $ 555,616 $ 413,792
Allowance for Credit Losses Related to Off-Balance Sheet Items	Activity in the allowance for credit losses related to off-balance sheet items was as follows for the periods indicated: As of and for the Year Ended December 31, 2020 2019 2018 (in thousands) Balance at beginning of period $ 2,397 $ 1,439 $ 1,296 Adjustment related to adoption of ASU 2016-13 (335 ) — — Adjusted balance $ 2,062 1,439 1,296 Provision expense for credit losses 730 958 143 Balance at end of period $ 2,792 $ 2,397 $ 1,439

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
Derivative Financial Instruments (Tables)	Dec. 31, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Financial Instruments as well as their Classification on Balance Sheet	The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2020. No such instruments were outstanding as of December 31, 2019. Derivative Assets Derivative Liabilities As of December 31, 2020 As of December 31, 2019 As of December 31, 2020 As of December 31, 2019 Notional Amount Balance Sheet Location Fair Value Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value Balance Sheet Location Fair Value (in thousands) Derivatives not designated as hedging instruments Interest rate products $ 66,904 Other Assets $ 1,088 Other Assets N/A $ 66,904 Other Liabilities $ 1,149 Other Liabilities N/A Total derivatives not designated as hedging instruments $ 1,088 N/A $ 1,149 N/A
Effect of Derivative Financial Instruments that are Not Designated as Hedging Instruments on Income Statement	The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the Income Statement as of December 31, 2020. No such instruments were outstanding as of December 31, 2019. Derivatives Not Designated as Hedging Instruments under Subtopic 815-20 Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivative Year Ended December 31, 2020 (in thousands) Interest rate products Other income $ (61 ) Total $ (61 ) Fee income recognized from the Company's derivative financial instruments for the twelve months ended December 31, 2020 was $1.1 million.
Summary of Gross Presentation, Effects of Offsetting and a Net Presentation of Derivatives	The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of December 31, 2020. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the Balance Sheet. Offsetting of Derivative Assets As of December 31, 2020 Gross Amounts Not Offset in the Statement of Financial Position Gross Amounts of Recognized Assets Gross Amounts Offset in the Statement of Financial Position Net Amounts of Assets presented in the Statement of Financial Position Financial Instruments Cash Collateral Received Net Amount (in thousands) Derivatives $ 1,088 $ — $ 1,088 $ 1,088 $ — $ 1,088 Offsetting of Derivative Liabilities As of December 31, 2020 Gross Amounts Not Offset in the Statement of Financial Position Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statement of Financial Position Net Amounts of Liabilities presented in the Statement of Financial Position Financial Instruments Cash Collateral Provided Net Amount (in thousands) Derivatives $ 1,149 $ — $ 1,149 $ — $ 1,150 $ (1 )

Condensed Financial Informati_2

Condensed Financial Information of Parent Company (Tables)	12 Months Ended
Condensed Financial Information of Parent Company (Tables)	Dec. 31, 2020
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Balance Sheets of Parent Company	Balance Sheets Year Ended December 31, 2020 2019 (in thousands) Assets Cash $ 17,266 $ 17,105 Investments in consolidated subsidiaries 679,455 658,464 Other assets 995 7,511 Total assets $ 697,716 $ 683,080 Liabilities and stockholders' equity Liabilities Subordinated debentures $ 118,972 $ 118,377 Other liabilities 1,701 1,436 Total liabilities 120,673 119,813 Stockholders' equity 577,043 563,267 Total liabilities and stockholders' equity $ 697,716 $ 683,080
Statement of Income of Parent Company	Statements of Income Year Ended December 31, 2020 2019 2018 (in thousands) Dividends from bank subsidiaries $ 16,986 $ 44,500 $ 76,669 Interest expense (6,607 ) (7,032 ) (6,925 ) Other expense (4,892 ) (5,333 ) (5,988 ) Income before taxes and undistributed income of subsidiary 5,487 32,135 63,756 Income tax benefit 3,247 3,823 4,116 Income before undistributed income of subsidiary 8,734 35,958 67,872 Equity in undistributed income of subsidiary 33,463 (3,170 ) (10,004 ) Net income $ 42,197 $ 32,788 $ 57,868
Statement of Cash Flows of Parent Company	Statements of Cash Flows Year Ended December 31, 2020 2019 2018 (in thousands) Cash Flows from Operating Activities: Net income $ 42,197 $ 32,788 $ 57,868 Adjustments to reconcile net income to net cash used in operating activities Undistributed income of subsidiary (33,463 ) 3,170 10,004 Amortization of subordinated debentures 595 569 538 Share-based compensation expense 2,544 3,125 3,515 Change in other assets and liabilities 6,779 4,679 (10,463 ) Net cash provided by (used in) operating activities 18,651 44,331 61,462 Cash Flows from Financing Activities: Proceeds from exercise of stock options — 2,979 570 Cash paid for repurchase of vested shares due to employee tax liability (335 ) (517 ) (680 ) Repurchase of common stock (2,196 ) (7,362 ) (36,068 ) Cash dividends paid (15,959 ) (29,776 ) (30,921 ) Net cash provided by (used in) financing activities (18,489 ) (34,676 ) (67,099 ) Net increase (decrease) in cash 162 9,655 (5,637 ) Cash at beginning of year 17,105 7,450 13,087 Cash at end of year $ 17,266 $ 17,105 $ 7,450

Quarterly Financial Data (Una_2

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
Quarterly Financial Data (Unaudited) (Tables)	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Summary of Quarterly Financial Data	Summarized quarterly financial data is shown in the following tables: Quarter Ended March 31 June 30 September 30 December 31 2020: Interest and dividend income $ 58,925 $ 55,736 $ 54,846 $ 54,359 Interest expense 14,950 11,294 9,241 7,482 Net interest income before credit loss expense 43,975 44,442 45,605 46,877 Credit loss expense 15,739 24,594 38 5,083 Noninterest income 6,223 20,931 7,140 8,809 Noninterest expense 31,068 27,138 29,924 30,923 Income before tax 3,391 13,641 22,783 19,680 Income tax expense 1,041 4,466 6,439 5,354 Net income $ 2,350 $ 9,175 $ 16,344 $ 14,326 Basic earnings per share $ 0.08 $ 0.30 $ 0.53 $ 0.47 Diluted earnings per share $ 0.08 $ 0.30 $ 0.53 $ 0.47 Quarter Ended March 31 June 30 September 30 December 31 2019: Interest and dividend income $ 62,414 $ 61,482 $ 62,177 $ 60,699 Interest expense 17,526 18,492 18,119 16,763 Net interest income before credit loss expense 44,888 42,990 44,058 43,936 Credit loss expense 1,117 16,699 1,602 10,752 Noninterest income 6,254 7,729 6,860 6,709 Noninterest expense 29,065 30,144 32,607 34,089 Income before tax 20,960 3,876 16,709 5,804 Income tax expense 6,288 1,220 4,333 2,720 Net income $ 14,672 $ 2,656 $ 12,377 $ 3,084 Basic earnings per share $ 0.48 $ 0.09 $ 0.40 $ 0.10 Diluted earnings per share $ 0.48 $ 0.09 $ 0.40 $ 0.10

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2020USD ($)branchSegmentshares	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Jan. 24, 2019shares
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of reportable segments \| Segment	1
Accrued interest receivable on available-for-sale debt securities	$ 1,200,000
Impairment of intangible assets	0
Goodwill impairment loss	0
Bank-owned life insurance	$ 53,894,000	$ 52,782,000
Stock options, expiration term from date of grant	10 years
Number of shares authorized for repurchase (percent)				5.00%
Number of shares authorized for repurchase under program (shares) \| shares				1,500,000
Shares repurchased	$ 2,196,000	7,362,000	$ 36,068,000
Increase to beginning balance of allowance for credit losses	17,400,000
Decrease to beginning balance of allowance for off balance sheet items	(335,000)
Retained earnings	114,621,000	$ 100,551,000
Cumulative Effect Period of Adoption Adjustment \| Impact of ASU 2016-13 Adoption
Financing Receivable, Recorded Investment, Past Due [Line Items]
Retained earnings	$ 12,200,000
Stock Repurchase Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Shares repurchased (shares) \| shares	135,400
Shares repurchased	$ 2,200,000
Minimum
Financing Receivable, Recorded Investment, Past Due [Line Items]
Period of continuous service	3 years
Maximum
Financing Receivable, Recorded Investment, Past Due [Line Items]
Period of continuous service	5 years
Split Dollar Death Benefit Agreement
Financing Receivable, Recorded Investment, Past Due [Line Items]
Bank-owned life insurance	$ 3,400,000
Full Service
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of branches \| branch	35
Loan Production
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of branches \| branch	9

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Useful Lives for Principal Classes of Assets (Detail)	12 Months Ended
	Dec. 31, 2020
Buildings and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Premises and equipment useful life	10 years
Buildings and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Premises and equipment useful life	30 years
Furniture and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Premises and equipment useful life	3 years
Furniture and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Premises and equipment useful life	10 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Premises and equipment useful life	Term of lease or useful life, whichever is shorter
Software
Property, Plant and Equipment [Line Items]
Premises and equipment useful life	3 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Summary of Impact of ASU on Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Jan. 01, 2020	Dec. 31, 2019
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	$ 90,426		$ 61,408
ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		$ 78,841
Allowance for credit losses on off-balance sheet items		2,062
ASU 2016-13 \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		61,408
Allowance for credit losses on off-balance sheet items		2,398
ASU 2016-13 \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		17,432
Allowance for credit losses on off-balance sheet items		(335)
Real Estate
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	51,876		36,435
Real Estate \| Retail
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	4,855		4,911
Real Estate \| Hospitality
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	28,801		6,686
Real Estate \| Other
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	13,991		8,060
Real Estate \| Total commercial property loans
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	47,647		19,657
Real Estate \| Construction
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	2,876		15,003
Real Estate \| Residential/Consumer Loans
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	1,353		1,775
Real Estate \| ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		50,463
Real Estate \| ASU 2016-13 \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		36,435
Real Estate \| ASU 2016-13 \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		14,027
Real Estate \| ASU 2016-13 \| Retail
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		6,785
Real Estate \| ASU 2016-13 \| Retail \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		4,911
Real Estate \| ASU 2016-13 \| Retail \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		1,873
Real Estate \| ASU 2016-13 \| Hospitality
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		12,387
Real Estate \| ASU 2016-13 \| Hospitality \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		6,686
Real Estate \| ASU 2016-13 \| Hospitality \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		5,702
Real Estate \| ASU 2016-13 \| Other
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		13,415
Real Estate \| ASU 2016-13 \| Other \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		8,060
Real Estate \| ASU 2016-13 \| Other \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		5,355
Real Estate \| ASU 2016-13 \| Total commercial property loans
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		32,587
Real Estate \| ASU 2016-13 \| Total commercial property loans \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		19,657
Real Estate \| ASU 2016-13 \| Total commercial property loans \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		12,930
Real Estate \| ASU 2016-13 \| Construction
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		15,590
Real Estate \| ASU 2016-13 \| Construction \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		15,003
Real Estate \| ASU 2016-13 \| Construction \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		587
Real Estate \| ASU 2016-13 \| Residential/Consumer Loans
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		2,286
Real Estate \| ASU 2016-13 \| Residential/Consumer Loans \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		1,775
Real Estate \| ASU 2016-13 \| Residential/Consumer Loans \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		510
Commercial and Industrial
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	21,410		16,206
Commercial and Industrial \| ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		13,709
Commercial and Industrial \| ASU 2016-13 \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		16,206
Commercial and Industrial \| ASU 2016-13 \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		(2,497)
Commercial and Industrial \| ASU 2016-13 \| Commercial term
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		12,175
Commercial and Industrial \| ASU 2016-13 \| Commercial term \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		14,077
Commercial and Industrial \| ASU 2016-13 \| Commercial term \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		(1,903)
Commercial and Industrial \| ASU 2016-13 \| Commercial lines of credit
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		1,358
Commercial and Industrial \| ASU 2016-13 \| Commercial lines of credit \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		1,887
Commercial and Industrial \| ASU 2016-13 \| Commercial lines of credit \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		(529)
Commercial and Industrial \| ASU 2016-13 \| International loans
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		176
Commercial and Industrial \| ASU 2016-13 \| International loans \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		242
Commercial and Industrial \| ASU 2016-13 \| International loans \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		(65)
Leases Receivable
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable	$ 17,140		$ 8,767
Leases Receivable \| ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		14,669
Leases Receivable \| ASU 2016-13 \| Pre-ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		8,767
Leases Receivable \| ASU 2016-13 \| Impact of ASU 2016-13 Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Total allowance for credit losses on loans receivable		$ 5,902

Securities - Summary of Investm

Securities - Summary of Investment Securities Available for Sale (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 749,458	$ 629,725
Gross Unrealized Gain	4,729	5,553
Gross Unrealized Loss	(406)	(801)
Estimated Fair Value	753,781	634,477
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	9,997	34,946
Gross Unrealized Gain	135	259
Estimated Fair Value	10,132	35,206
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	515,169	406,813
Gross Unrealized Gain	4,260	4,334
Gross Unrealized Loss	(188)	(347)
Estimated Fair Value	519,241	410,801
Collateralized mortgage obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	133,632	164,232
Gross Unrealized Gain	186	792
Gross Unrealized Loss	(217)	(432)
Estimated Fair Value	133,601	164,592
Debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	90,660	23,733
Gross Unrealized Gain	148	168
Gross Unrealized Loss	(1)	(22)
Estimated Fair Value	90,807	23,878
Total U.S. government agency and sponsored agency obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	739,461	594,778
Gross Unrealized Gain	4,594	5,294
Gross Unrealized Loss	(406)	(801)
Estimated Fair Value	$ 743,649	$ 599,271

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost and Estimated Fair Value of Investment Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Investments Debt And Equity Securities [Abstract]
Available-for-Sale Within one year, Amortized Cost	$ 13,305
Available-for-Sale Over one year through five years, Amortized Cost	139,876
Available-for-Sale Over five years through ten years, Amortized Cost	25,764
Available-for-Sale Over ten years, Amortized Cost	570,513
Amortized Cost	749,458	$ 629,725
Available-for-Sale Within one year, Estimated Fair Value	13,435
Available-for-Sale Over one year through five years, Estimated Fair Value	140,100
Available-for-Sale Over five years through ten years, Estimated Fair Value	25,768
Available-for-Sale Over ten years, Estimated Fair Value	574,478
Estimated fair value	$ 753,781	$ 634,477

Securities - Summary of Debt Se

Securities - Summary of Debt Securities Available for Sale in an Unrealized Loss Position for Which an Allowance for Credit Losses Has Not Been Recorded (Detail) $ in Thousands	Dec. 31, 2020USD ($)Security	Dec. 31, 2019USD ($)Security
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (406)	$ (318)
Available-for-Sale Within One Year, Estimated Fair Value	$ 178,681	$ 100,916
Available-for-Sale Within One Year, Number of Securities \| Security	32	33
Available-for-Sale More than One Year, Gross Unrealized Loss		$ (483)
Available-for-Sale More than One Year, Estimated Fair Value		$ 61,690
Available-for-Sale More than One Year, Number of Securities \| Security		51
Available-for-Sale, Gross Unrealized Loss	$ (406)	$ (801)
Available-for-Sale, Estimated Fair Value	$ 178,681	$ 162,606
Available-for-Sale, Number of Securities \| Security	32	84
Mortgage-backed securities
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (188)	$ (186)
Available-for-Sale Within One Year, Estimated Fair Value	$ 76,023	$ 51,261
Available-for-Sale Within One Year, Number of Securities \| Security	10	17
Available-for-Sale More than One Year, Gross Unrealized Loss		$ (160)
Available-for-Sale More than One Year, Estimated Fair Value		$ 18,757
Available-for-Sale More than One Year, Number of Securities \| Security		14
Available-for-Sale, Gross Unrealized Loss	$ (188)	$ (346)
Available-for-Sale, Estimated Fair Value	$ 76,023	$ 70,018
Available-for-Sale, Number of Securities \| Security	10	31
Collateralized mortgage obligations
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (217)	$ (112)
Available-for-Sale Within One Year, Estimated Fair Value	$ 97,659	$ 41,419
Available-for-Sale Within One Year, Number of Securities \| Security	21	14
Available-for-Sale More than One Year, Gross Unrealized Loss		$ (320)
Available-for-Sale More than One Year, Estimated Fair Value		$ 39,936
Available-for-Sale More than One Year, Number of Securities \| Security		36
Available-for-Sale, Gross Unrealized Loss	$ (217)	$ (432)
Available-for-Sale, Estimated Fair Value	$ 97,659	$ 81,355
Available-for-Sale, Number of Securities \| Security	21	50
Debt securities
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (1)	$ (20)
Available-for-Sale Within One Year, Estimated Fair Value	$ 4,999	$ 8,236
Available-for-Sale Within One Year, Number of Securities \| Security	1	2
Available-for-Sale More than One Year, Gross Unrealized Loss		$ (3)
Available-for-Sale More than One Year, Estimated Fair Value		$ 2,997
Available-for-Sale More than One Year, Number of Securities \| Security		1
Available-for-Sale, Gross Unrealized Loss	$ (1)	$ (23)
Available-for-Sale, Estimated Fair Value	$ 4,999	$ 11,233
Available-for-Sale, Number of Securities \| Security	1	3
Total U.S. government agency and sponsored agency obligations
Summary of Investment Holdings [Line Items]
Available-for-Sale Within One Year, Gross Unrealized Loss	$ (406)	$ (318)
Available-for-Sale Within One Year, Estimated Fair Value	$ 178,681	$ 100,916
Available-for-Sale Within One Year, Number of Securities \| Security	32	33
Available-for-Sale More than One Year, Gross Unrealized Loss		$ (483)
Available-for-Sale More than One Year, Estimated Fair Value		$ 61,690
Available-for-Sale More than One Year, Number of Securities \| Security		51
Available-for-Sale, Gross Unrealized Loss	$ (406)	$ (801)
Available-for-Sale, Estimated Fair Value	$ 178,681	$ 162,606
Available-for-Sale, Number of Securities \| Security	32	84

Securities - Realized Gains and

Securities - Realized Gains and Losses on Sales of Investment Securities (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Investments Debt And Equity Securities [Abstract]
Gross realized gains on sales of securities	$ 15,712,000	$ 1,359,000	$ 87,000
Gross realized losses on sales of securities		(64,000)	(957,000)
Net realized gains (losses) on sales of securities	15,712,000	1,295,000	(870,000)
Proceeds from sales of securities	$ 495,566,000	$ 113,306,000	$ 34,751,000

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($)	12 Months Ended
Securities - Additional Information (Detail) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jan. 01, 2018
Debt Securities, Available-for-sale [Line Items]
Reduction in securities available for sale	$ (753,781,000)	$ (634,477,000)
Reduction to retained earnings	(114,621,000)	(100,551,000)
Net gains (losses) in earnings resulting from sale of securities	15,712,000	1,295,000	$ (870,000)
Net unrealized gains (losses) recorded in comprehensive income	15,300,000	586,000	(413,000)
Gross realized losses included in earnings		64,000	957,000
Gain (Loss) on Sale of Investments			(428,000)
Available for sale securities pledged as collateral	$ 27,300,000	$ 30,200,000
Minimum \| U.S. Government and its Agencies
Debt Securities, Available-for-sale [Line Items]
Holdings of securities as percentage of share holders' equity	10.00%
ASU 2016-01
Debt Securities, Available-for-sale [Line Items]
Reduction in securities available for sale				$ 529,000
Reduction to retained earnings				382,000
Increase in net deferred tax asset				$ 147,000
Net unrealized gains (losses) recorded in comprehensive income			$ (529,000)

Loans Receivable - Loans Receiv

Loans Receivable - Loans Receivable (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	$ 4,880,168	$ 4,610,147
Allowance for credit losses	(90,426)	(61,408)
Loans receivable, net	4,789,742	4,548,739
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	3,699,649	3,642,175
Allowance for credit losses	(51,876)	(36,435)
Real Estate \| Retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	824,606	869,302
Allowance for credit losses	(4,855)	(4,911)
Real Estate \| Hospitality
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	859,953	922,288
Allowance for credit losses	(28,801)	(6,686)
Real Estate \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	1,610,377	1,358,432
Real Estate \| Total commercial property loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	3,294,936	3,150,022
Allowance for credit losses	(47,647)	(19,657)
Real Estate \| Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	58,882	76,455
Allowance for credit losses	(2,876)	(15,003)
Real Estate \| Residential/Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	345,831	415,698
Allowance for credit losses	(1,353)	(1,775)
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	757,255	484,093
Allowance for credit losses	(21,410)	(16,206)
Leases Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans receivable	423,264	483,879
Allowance for credit losses	$ (17,140)	$ (8,767)

Loans Receivable - Additional I

Loans Receivable - Additional Information (Detail)	12 Months Ended
Loans Receivable - Additional Information (Detail)	Dec. 31, 2020USD ($)Property	Dec. 31, 2019USD ($)Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
PPP loans included in commercial and industrial loans	$ 4,880,168,000	$ 4,610,147,000
Accrued interest on loans	16,363,000	11,742,000
Loans pledged to secure advances	2,170,000,000	1,350,000,000
Loans 90 days or more past due and still accruing	$ 0	$ 0
Number of real estate properties \| Property	4	2
Other real estate owned ("OREO")	$ 2,360,000	$ 63,000
Reserves relating to loans included in allowance for credit losses	$ 16,000	22,700,000
Loans default payment past due period	30 days
Total recorded investment	$ 398,000	132,000
Allowance for credit losses resulting from defaulted loans	3,000	0
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, past due less than 90 days	53,400,000	60,900,000
Pass/Pass-Watch
Accounts, Notes, Loans and Financing Receivable [Line Items]
PPP loans included in commercial and industrial loans	4,663,021,000
Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
PPP loans included in commercial and industrial loans	76,978,000
Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
PPP loans included in commercial and industrial loans	140,169,000
Loans \| Accrued Interest
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest on loans	15,200,000	$ 10,000,000
Unpaid deferred interest receivable related to loans modified under CARES Act	7,500,000
Unpaid deferred interest receivable related to loans modified under CARES Act, net of valuation allowance	1,700,000
Payment Protection Program
Accounts, Notes, Loans and Financing Receivable [Line Items]
PPP loans included in commercial and industrial loans	295,700,000
Loans Modified under provision of CARES Act	155,600,000
Payment Protection Program \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans previously modified under provision of CARES Act	1.7
Payment Protection Program \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans previously modified under provision of CARES Act	4.9
Payment Protection Program \| 90 Days or More Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans previously modified under provision of CARES Act	13.9
Payment Protection Program \| Pass/Pass-Watch
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Modified under provision of CARES Act	99,900,000
Payment Protection Program \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Modified under provision of CARES Act	31,300,000
Payment Protection Program \| Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Modified under provision of CARES Act	24,400,000
Payment Protection Program \| Payment Deferral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans deferred under provision of CARES Act	$ 1,410,000,000

Loans Receivable - Information

Loans Receivable - Information on SBA Loans Held for Sale (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Reclassification From Portfolio Loans To Loans Held For Sale [Roll Forward]
Balance at beginning of period	$ 6,020	$ 9,390
Originations and transfers	71,692	76,765	$ 79,146
Sales	(69,052)	(80,116)
Principal paydowns and amortization	(92)	(19)
Balance at end of period	8,568	6,020	9,390
Real Estate
Financing Receivable, Reclassification From Portfolio Loans To Loans Held For Sale [Roll Forward]
Balance at beginning of period	2,943	5,194
Originations and transfers	44,770	43,001
Sales	(39,666)	(45,251)
Principal paydowns and amortization	(5)	(1)
Balance at end of period	8,042	2,943	5,194
Commercial and Industrial
Financing Receivable, Reclassification From Portfolio Loans To Loans Held For Sale [Roll Forward]
Balance at beginning of period	3,077	4,196
Originations and transfers	26,922	33,764
Sales	(29,386)	(34,865)
Principal paydowns and amortization	(87)	(18)
Balance at end of period	$ 526	$ 3,077	$ 4,196

Loans Receivable - Allowance fo

Loans Receivable - Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Allowance for credit losses:
Balance at beginning of period	$ 61,408	$ 31,974	$ 31,043
Adjusted balance	78,841	31,974	31,043
Less loans receivable charged off	33,952	4,588	7,310
Recoveries on loans receivable previously charged off	(3,063)	(3,852)	(4,251)
Provision for credit losses	42,474	30,170	3,990
Balance at end of period	90,426	61,408	$ 31,974
ASU 2016-13 \| Adjustment Related to Adoption of ASU
Allowance for credit losses:
Balance at beginning of period	$ 17,433
Balance at end of period		$ 17,433

Loans Receivable - Allowance _2

Loans Receivable - Allowance for Credit Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Allowance for credit losses:
Beginning balance	$ 61,408
Ending balance	90,426	$ 61,408
Loans receivable	4,880,168	4,610,147
Non-PCI Loans and Leases
Allowance for credit losses:
Beginning balance	61,408	31,974
Adjusted balance	78,841
Less loans charged off	33,952	4,588
Recoveries on loans receivable previously charged off	(3,063)	(3,852)
Provision for credit losses	42,474	30,170
Ending balance	90,426	61,408
Individually evaluated	14,052	25,777
Collectively evaluated	76,374	35,631
Loans receivable	4,880,168	4,610,147
Individually evaluated	90,961	64,765
Collectively evaluated	4,789,207	4,545,382
Non-PCI Loans and Leases \| ASU 2016-13 \| Adjustment Related to Adoption of ASU
Allowance for credit losses:
Beginning balance	17,433
Ending balance		17,433
Real Estate
Allowance for credit losses:
Beginning balance	36,435
Ending balance	51,876	36,435
Loans receivable	3,699,649	3,642,175
Real Estate \| Non-PCI Loans and Leases
Allowance for credit losses:
Beginning balance	36,435	18,482
Adjusted balance	50,463
Less loans charged off	15,567	132
Recoveries on loans receivable previously charged off	(2,124)	(2,190)
Provision for credit losses	14,856	15,896
Ending balance	51,876	36,435
Individually evaluated	20	14,029
Collectively evaluated	51,855	22,406
Loans receivable	3,699,649	3,642,175
Individually evaluated	65,160	45,163
Collectively evaluated	3,634,489	3,597,012
Real Estate \| Non-PCI Loans and Leases \| ASU 2016-13 \| Adjustment Related to Adoption of ASU
Allowance for credit losses:
Beginning balance	14,028
Ending balance		14,028
Commercial and Industrial
Allowance for credit losses:
Beginning balance	16,206
Ending balance	21,410	16,206
Loans receivable	757,255	484,093
Commercial and Industrial \| Non-PCI Loans and Leases
Allowance for credit losses:
Beginning balance	16,206	7,162
Adjusted balance	13,709
Less loans charged off	13,312	1,293
Recoveries on loans receivable previously charged off	(336)	(1,241)
Provision for credit losses	20,677	9,097
Ending balance	21,410	16,206
Individually evaluated	7,976	8,885
Collectively evaluated	13,434	7,321
Loans receivable	757,255	484,093
Individually evaluated	14,568	13,700
Collectively evaluated	742,687	470,393
Commercial and Industrial \| Non-PCI Loans and Leases \| ASU 2016-13 \| Adjustment Related to Adoption of ASU
Allowance for credit losses:
Beginning balance	(2,497)
Ending balance		(2,497)
Leases Receivable
Allowance for credit losses:
Beginning balance	8,767
Ending balance	17,140	8,767
Loans receivable	423,264	483,879
Leases Receivable \| Non-PCI Loans and Leases
Allowance for credit losses:
Beginning balance	8,767	6,303
Adjusted balance	14,669
Less loans charged off	5,073	3,162
Recoveries on loans receivable previously charged off	(603)	(422)
Provision for credit losses	6,941	5,205
Ending balance	17,140	8,767
Individually evaluated	6,056	2,863
Collectively evaluated	11,085	5,904
Loans receivable	423,264	483,879
Individually evaluated	11,234	5,902
Collectively evaluated	412,030	477,977
Leases Receivable \| Non-PCI Loans and Leases \| ASU 2016-13 \| Adjustment Related to Adoption of ASU
Allowance for credit losses:
Beginning balance	$ 5,902
Ending balance		5,902
Unallocated \| Non-PCI Loans and Leases
Allowance for credit losses:
Beginning balance		27
Provision for credit losses		$ (27)

Loans Receivable - Allowance _3

Loans Receivable - Allowance for Credit Losses by Portfolio Segment as a Percentage of Recorded Total Allowance for Credit Losses and Aggregate Recorded Investment of Loans Receivable (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 90,426	$ 61,408
Total Loans	$ 4,880,168	$ 4,610,147
Percentage of Total Loans	100.00%	100.00%
Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 51,876	$ 36,435
Total Loans	$ 3,699,649	$ 3,642,175
Percentage of Total Loans	75.80%	79.00%
Real Estate \| Retail
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 4,855	$ 4,911
Total Loans	$ 824,606	$ 869,302
Percentage of Total Loans	16.90%	18.90%
Real Estate \| Hospitality
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 28,801	$ 6,686
Total Loans	$ 859,953	$ 922,288
Percentage of Total Loans	17.60%	20.00%
Real Estate \| Other
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 13,991	$ 8,060
Total Loans	$ 1,610,377	$ 1,358,432
Percentage of Total Loans	33.00%	29.40%
Real Estate \| Total commercial property loans
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 47,647	$ 19,657
Total Loans	$ 3,294,936	$ 3,150,022
Percentage of Total Loans	67.50%	68.30%
Real Estate \| Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 2,876	$ 15,003
Total Loans	$ 58,882	$ 76,455
Percentage of Total Loans	1.20%	1.70%
Real Estate \| Residential/Consumer Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 1,353	$ 1,775
Total Loans	$ 345,831	$ 415,698
Percentage of Total Loans	7.10%	9.00%
Commercial and Industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 21,410	$ 16,206
Total Loans	$ 757,255	$ 484,093
Percentage of Total Loans	15.50%	10.50%
Leases Receivable
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance Amount	$ 17,140	$ 8,767
Total Loans	$ 423,264	$ 483,879
Percentage of Total Loans	8.70%	10.50%

Loans Receivable - Summary of A

Loans Receivable - Summary of Amortized Cost Basis of Collateral Dependent Loans By Class of Loans (Detail) $ in Thousands	Dec. 31, 2020USD ($)
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	$ 63,114
Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	63,073
Real Estate \| Retail
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	6,330
Real Estate \| Hospitality
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	20,612
Real Estate \| Other
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	8,410
Real Estate \| Total commercial property loans
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	35,352
Real Estate \| Construction
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	24,854
Real Estate \| Residential/Consumer Loans
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	2,867
Commercial and Industrial
Loans And Leases Receivable Disclosure [Line Items]
Amortized Cost	$ 41

Loans Receivable - Schedule of

Loans Receivable - Schedule of Comparison Between the Periods of Disaggregated by Loan Class (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	$ 4,880,168	$ 4,610,147
Total gross loans receivable		4,610,147
Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	3,699,649	3,642,175
Total gross loans receivable		3,642,175
Real Estate \| Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	824,606	869,302
Total gross loans receivable		869,302
Real Estate \| Hospitality
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	859,953	922,288
Total gross loans receivable		922,288
Real Estate \| Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	1,610,377	1,358,432
Total gross loans receivable		1,358,432
Real Estate \| Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	3,294,936	3,150,022
Total gross loans receivable		3,150,022
Real Estate \| Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	58,882	76,455
Total gross loans receivable		76,455
Real Estate \| Residential/Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	345,831	415,698
Total gross loans receivable		415,698
Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	757,255	484,093
Total gross loans receivable		484,093
Leases Receivable
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	423,264	483,879
Total gross loans receivable		483,879
Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	4,663,021
Total gross loans receivable		4,489,491
Pass/Pass-Watch \| Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	3,538,306
Total gross loans receivable		3,553,329
Pass/Pass-Watch \| Real Estate \| Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	807,348
Total gross loans receivable		859,739
Pass/Pass-Watch \| Real Estate \| Hospitality
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	788,369
Total gross loans receivable		915,834
Pass/Pass-Watch \| Real Estate \| Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	1,571,012
Total gross loans receivable		1,329,817
Pass/Pass-Watch \| Real Estate \| Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	3,166,729
Total gross loans receivable		3,105,390
Pass/Pass-Watch \| Real Estate \| Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	34,028
Total gross loans receivable		36,956
Pass/Pass-Watch \| Real Estate \| Residential/Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	337,549
Total gross loans receivable		410,984
Pass/Pass-Watch \| Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	712,685
Total gross loans receivable		458,184
Pass/Pass-Watch \| Leases Receivable
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	412,030
Total gross loans receivable		477,977
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	76,978
Total gross loans receivable		26,632
Special Mention \| Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	58,422
Total gross loans receivable		16,410
Special Mention \| Real Estate \| Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	3,382
Total gross loans receivable		2,835
Special Mention \| Real Estate \| Hospitality
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	26,086
Total gross loans receivable		939
Special Mention \| Real Estate \| Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	23,876
Total gross loans receivable		7,807
Special Mention \| Real Estate \| Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	53,344
Total gross loans receivable		11,580
Special Mention \| Real Estate \| Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable		1,613
Special Mention \| Real Estate \| Residential/Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	5,078
Total gross loans receivable		3,217
Special Mention \| Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	18,556
Total gross loans receivable		10,222
Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	140,169
Total gross loans receivable		94,025
Classified \| Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	102,921
Total gross loans receivable		72,436
Classified \| Real Estate \| Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	13,876
Total gross loans receivable		6,728
Classified \| Real Estate \| Hospitality
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	45,498
Total gross loans receivable		5,515
Classified \| Real Estate \| Other
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	15,489
Total gross loans receivable		20,809
Classified \| Real Estate \| Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	74,863
Total gross loans receivable		33,052
Classified \| Real Estate \| Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	24,854
Total gross loans receivable		37,886
Classified \| Real Estate \| Residential/Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	3,204
Total gross loans receivable		1,497
Classified \| Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	26,014
Total gross loans receivable		15,687
Classified \| Leases Receivable
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans receivable	$ 11,234
Total gross loans receivable		$ 5,902

Loans Receivable - Loans by Vin

Loans Receivable - Loans by Vintage Year and Risk Rating (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
2020	$ 1,575,273
2019	775,720
2018	701,973
2017	530,668
2016	556,108
Prior	549,847
Revolving Loans Amortized Cost Basis	190,579
Loans receivable	4,880,168	$ 4,610,147
Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,502,486
2019	753,939
2018	661,861
2017	519,885
2016	515,046
Prior	524,447
Revolving Loans Amortized Cost Basis	185,357
Loans receivable	4,663,021
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	30,668
2019	6,993
2018	13,706
2017	3,610
2016	16,865
Prior	4,689
Revolving Loans Amortized Cost Basis	447
Loans receivable	76,978
Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2020	42,119
2019	14,788
2018	26,406
2017	7,173
2016	24,197
Prior	20,711
Revolving Loans Amortized Cost Basis	4,775
Loans receivable	140,169
Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,038,832
2019	522,297
2018	547,808
2017	479,513
2016	536,333
Prior	536,100
Revolving Loans Amortized Cost Basis	38,766
Loans receivable	3,699,649	3,642,175
Real Estate \| Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2020	982,288
2019	515,537
2018	516,343
2017	471,646
2016	500,486
Prior	513,370
Revolving Loans Amortized Cost Basis	38,636
Loans receivable	3,538,306
Real Estate \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	23,429
2019	2,484
2018	9,560
2017	2,500
2016	16,834
Prior	3,615
Loans receivable	58,422
Real Estate \| Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2020	33,115
2019	4,276
2018	21,905
2017	5,367
2016	19,013
Prior	19,115
Revolving Loans Amortized Cost Basis	130
Loans receivable	102,921
Real Estate \| Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
2020	964,612
2019	520,722
2018	497,090
2017	348,415
2016	452,045
Prior	480,639
Revolving Loans Amortized Cost Basis	31,413
Loans receivable	3,294,936	3,150,022
Real Estate \| Total commercial property loans \| Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2020	920,876
2019	513,962
2018	479,221
2017	343,659
2016	418,362
Prior	459,366
Revolving Loans Amortized Cost Basis	31,283
Loans receivable	3,166,729
Real Estate \| Total commercial property loans \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	23,429
2019	2,484
2018	8,630
2017	1,672
2016	14,971
Prior	2,158
Loans receivable	53,344
Real Estate \| Total commercial property loans \| Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2020	20,307
2019	4,276
2018	9,239
2017	3,084
2016	18,712
Prior	19,115
Revolving Loans Amortized Cost Basis	130
Loans receivable	74,863
Real Estate \| Construction
Financing Receivable, Credit Quality Indicator [Line Items]
2020	46,223
2019	613
2018	12,046
Loans receivable	58,882	76,455
Real Estate \| Construction \| Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2020	33,415
2019	613
Loans receivable	34,028
Real Estate \| Construction \| Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2020	12,808
2018	12,046
Loans receivable	24,854
Real Estate \| Residential/Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2020	27,997
2019	962
2018	38,672
2017	131,098
2016	84,288
Prior	55,461
Revolving Loans Amortized Cost Basis	7,353
Loans receivable	345,831
Real Estate \| Residential/Consumer Loans \| Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2020	27,997
2019	962
2018	37,122
2017	127,987
2016	82,124
Prior	54,004
Revolving Loans Amortized Cost Basis	7,353
Loans receivable	337,549
Real Estate \| Residential/Consumer Loans \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2018	930
2017	828
2016	1,863
Prior	1,457
Loans receivable	5,078
Real Estate \| Residential/Consumer Loans \| Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2018	620
2017	2,283
2016	301
Loans receivable	3,204
Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
2020	422,277
2019	82,453
2018	59,620
2017	19,874
2016	8,875
Prior	12,343
Revolving Loans Amortized Cost Basis	151,813
Loans receivable	757,255	484,093
Commercial and Industrial \| Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2020	406,486
2019	73,160
2018	54,110
2017	17,834
2016	4,464
Prior	9,910
Revolving Loans Amortized Cost Basis	146,721
Loans receivable	712,685
Commercial and Industrial \| Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	7,239
2019	4,509
2018	4,146
2017	1,110
2016	31
Prior	1,074
Revolving Loans Amortized Cost Basis	447
Loans receivable	18,556
Commercial and Industrial \| Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2020	8,552
2019	4,784
2018	1,364
2017	930
2016	4,380
Prior	1,359
Revolving Loans Amortized Cost Basis	4,645
Loans receivable	26,014
Leases Receivable
Financing Receivable, Credit Quality Indicator [Line Items]
2020	114,164
2019	170,970
2018	94,545
2017	31,281
2016	10,900
Prior	1,404
Loans receivable	423,264	$ 483,879
Leases Receivable \| Pass/Pass-Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2020	113,712
2019	165,242
2018	91,408
2017	30,405
2016	10,096
Prior	1,167
Loans receivable	412,030
Leases Receivable \| Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2020	452
2019	5,728
2018	3,137
2017	876
2016	804
Prior	237
Loans receivable	$ 11,234

Loans Receivable - Loans by V_2

Loans Receivable - Loans by Vintage Year and Payment Performance (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
2020	$ 1,575,273
2019	775,720
2018	701,973
2017	530,668
2016	556,108
Prior	549,847
Revolving Loans Amortized Cost Basis	190,579
Loans receivable	4,880,168	$ 4,610,147
Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,550,822
2019	764,819
2018	685,832
2017	525,105
2016	540,189
Prior	539,923
Revolving Loans Amortized Cost Basis	190,449
Loans receivable	4,797,139
Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2020	24,451
2019	10,901
2018	16,141
2017	5,563
2016	15,919
Prior	9,924
Revolving Loans Amortized Cost Basis	130
Loans receivable	83,029
Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,038,832
2019	522,297
2018	547,808
2017	479,513
2016	536,333
Prior	536,100
Revolving Loans Amortized Cost Basis	38,766
Loans receivable	3,699,649	3,642,175
Real Estate \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,023,385
2019	521,905
2018	534,988
2017	475,698
2016	521,218
Prior	526,528
Revolving Loans Amortized Cost Basis	38,636
Loans receivable	3,642,358
Real Estate \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2020	15,447
2019	392
2018	12,820
2017	3,815
2016	15,115
Prior	9,572
Revolving Loans Amortized Cost Basis	130
Loans receivable	57,291
Real Estate \| Total commercial property loans
Financing Receivable, Credit Quality Indicator [Line Items]
2020	964,612
2019	520,722
2018	497,090
2017	348,415
2016	452,045
Prior	480,639
Revolving Loans Amortized Cost Basis	31,413
Loans receivable	3,294,936	3,150,022
Real Estate \| Total commercial property loans \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2020	961,973
2019	520,330
2018	496,936
2017	346,029
2016	437,231
Prior	471,067
Revolving Loans Amortized Cost Basis	31,283
Loans receivable	3,264,849
Real Estate \| Total commercial property loans \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2020	2,639
2019	392
2018	154
2017	2,386
2016	14,814
Prior	9,572
Revolving Loans Amortized Cost Basis	130
Loans receivable	30,087
Real Estate \| Construction
Financing Receivable, Credit Quality Indicator [Line Items]
2020	46,223
2019	613
2018	12,046
Loans receivable	58,882	76,455
Real Estate \| Construction \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2020	33,415
2019	613
Loans receivable	34,028
Real Estate \| Construction \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2020	12,808
2018	12,046
Loans receivable	24,854
Real Estate \| Residential/Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2020	27,997
2019	962
2018	38,672
2017	131,098
2016	84,288
Prior	55,461
Revolving Loans Amortized Cost Basis	7,353
Loans receivable	345,831	415,698
Real Estate \| Residential/Consumer Loans \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2020	27,997
2019	962
2018	38,052
2017	129,669
2016	83,987
Prior	55,461
Revolving Loans Amortized Cost Basis	7,353
Loans receivable	343,481
Real Estate \| Residential/Consumer Loans \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2018	620
2017	1,429
2016	301
Loans receivable	2,350
Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
2020	422,277
2019	82,453
2018	59,620
2017	19,874
2016	8,875
Prior	12,343
Revolving Loans Amortized Cost Basis	151,813
Loans receivable	757,255	484,093
Commercial and Industrial \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2020	413,725
2019	77,672
2018	59,436
2017	19,002
2016	8,875
Prior	12,228
Revolving Loans Amortized Cost Basis	151,813
Loans receivable	742,751
Commercial and Industrial \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2020	8,552
2019	4,781
2018	184
2017	872
Prior	115
Loans receivable	14,504
Leases Receivable
Financing Receivable, Credit Quality Indicator [Line Items]
2020	114,164
2019	170,970
2018	94,545
2017	31,281
2016	10,900
Prior	1,404
Loans receivable	423,264	$ 483,879
Leases Receivable \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2020	113,712
2019	165,242
2018	91,408
2017	30,405
2016	10,096
Prior	1,167
Loans receivable	412,030
Leases Receivable \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2020	452
2019	5,728
2018	3,137
2017	876
2016	804
Prior	237
Loans receivable	$ 11,234

Loans Receivable - Informatio_2

Loans Receivable - Information on Individually Evaluated, Disaggregated by Loan Class (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 90,961	$ 64,766	$ 25,125
Unpaid Principal Balance	94,458	66,760	27,761
With No Related Allowance Recorded	66,561	18,393	16,613
With an Allowance Recorded	24,400	46,373	8,512
Related Allowance	14,053	25,778	1,812
Average Recorded Investment	97,748	58,677	29,013
Interest Income Recognized	758	1,052	1,674
Real Estate
Financing Receivable, Impaired [Line Items]
Recorded Investment	65,160	45,164	15,600
Unpaid Principal Balance	68,533	46,761	17,998
With No Related Allowance Recorded	64,185	17,138	13,713
With an Allowance Recorded	975	28,026	1,887
Related Allowance	21	14,029	1
Average Recorded Investment	69,850	34,462	20,216
Interest Income Recognized		495	1,417
Real Estate \| Retail
Financing Receivable, Impaired [Line Items]
Recorded Investment	6,331	434	2,166
Unpaid Principal Balance	6,423	459	2,207
With No Related Allowance Recorded	6,330	111	1,894
With an Allowance Recorded	1	323	272
Related Allowance		19
Average Recorded Investment	6,728	894	2,001
Interest Income Recognized		13	183
Real Estate \| Hospitality
Financing Receivable, Impaired [Line Items]
Recorded Investment	20,612	244	4,282
Unpaid Principal Balance	20,627	400	5,773
With No Related Allowance Recorded	20,612	22	4,032
With an Allowance Recorded		223	250
Related Allowance		24
Average Recorded Investment	21,120	1,683	7,285
Interest Income Recognized			482
Real Estate \| Other
Financing Receivable, Impaired [Line Items]
Recorded Investment	10,430	14,864	7,525
Unpaid Principal Balance	11,736	15,151	8,016
With No Related Allowance Recorded	9,522	14,696	6,253
With an Allowance Recorded	908	167	1,272
Related Allowance	20	12	1
Average Recorded Investment	11,202	10,619	7,978
Interest Income Recognized		168	601
Real Estate \| Total commercial property loans
Financing Receivable, Impaired [Line Items]
Recorded Investment	37,373	15,542	13,973
Unpaid Principal Balance	38,786	16,010	15,996
With No Related Allowance Recorded	36,464	14,829	12,179
With an Allowance Recorded	909	713	1,794
Related Allowance	20	55	1
Average Recorded Investment	39,050	13,196	17,264
Interest Income Recognized		181	1,266
Real Estate \| Construction
Financing Receivable, Impaired [Line Items]
Recorded Investment	24,854	27,201
Unpaid Principal Balance	26,494	28,000
With No Related Allowance Recorded	24,854
With an Allowance Recorded		27,201
Related Allowance		13,973
Average Recorded Investment	27,803	18,421
Interest Income Recognized		249
Real Estate \| Residential/Consumer Loans
Financing Receivable, Impaired [Line Items]
Recorded Investment	2,933	2,421	1,627
Unpaid Principal Balance	3,253	2,751	2,002
With No Related Allowance Recorded	2,867	2,309	1,534
With an Allowance Recorded	66	112	93
Related Allowance	1	1
Average Recorded Investment	2,997	2,845	2,952
Interest Income Recognized		66	151
Commercial and Industrial
Financing Receivable, Impaired [Line Items]
Recorded Investment	14,568	13,700	4,396
Unpaid Principal Balance	14,688	14,090	4,601
With No Related Allowance Recorded	58	143	1,644
With an Allowance Recorded	14,510	13,557	2,752
Related Allowance	7,976	8,885	428
Average Recorded Investment	14,751	19,361	3,568
Interest Income Recognized		512	211
Leases Receivable
Financing Receivable, Impaired [Line Items]
Recorded Investment	11,233	5,902	5,129
Unpaid Principal Balance	11,237	5,909	5,162
With No Related Allowance Recorded	2,318	1,112	1,256
With an Allowance Recorded	8,915	4,790	3,873
Related Allowance	6,056	2,863	1,383
Average Recorded Investment	13,147	4,854	5,229
Interest Income Recognized	$ 758	$ 44	$ 46

Loans Receivable - Summary of I

Loans Receivable - Summary of Interest Foregone on Individually Evaluated Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Interest income that would have been recognized had individually evaluated loans performed in accordance with their original terms	$ 5,438	$ 3,439	$ 2,808
Less: Interest income recognized on individually evaluated loans	(758)	(1,279)	(1,674)
Interest foregone on individually evaluated loans	$ 4,680	$ 2,160	$ 1,134

Loans Receivable - Schedule o_2

Loans Receivable - Schedule of Amortized Cost Basis of Loans on Nonaccrual Status and Loans Past Due 90 Days and Still Accruing (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	$ 58,759	$ 17,844
Nonaccrual Loans With Allowance for Credit Losses	24,273	45,917
Total Nonperforming Loans	83,032	63,761
Real Estate
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	56,383	16,589
Nonaccrual Loans With Allowance for Credit Losses	909	27,791
Total Nonperforming Loans	57,292	44,380
Real Estate \| Retail
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	6,331	111
Nonaccrual Loans With Allowance for Credit Losses		166
Total Nonperforming Loans	6,331	277
Real Estate \| Hospitality
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	20,612	3
Nonaccrual Loans With Allowance for Credit Losses		222
Total Nonperforming Loans	20,612	225
Real Estate \| Other
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	2,236	14,697
Nonaccrual Loans With Allowance for Credit Losses	909	167
Total Nonperforming Loans	3,145	14,864
Real Estate \| Total commercial property loans
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	29,179	14,811
Nonaccrual Loans With Allowance for Credit Losses	909	555
Total Nonperforming Loans	30,088	15,366
Real Estate \| Construction
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	24,854
Nonaccrual Loans With Allowance for Credit Losses		27,201
Total Nonperforming Loans	24,854	27,201
Real Estate \| Residential/Consumer Loans
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	2,350	1,778
Nonaccrual Loans With Allowance for Credit Losses		35
Total Nonperforming Loans	2,350	1,813
Commercial and Industrial
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	58	143
Nonaccrual Loans With Allowance for Credit Losses	14,449	13,336
Total Nonperforming Loans	14,507	13,479
Leases Receivable
Financing Receivable Nonaccrual Status [Line Items]
Nonaccrual Loans With No Allowance for Credit Losses	2,318	1,112
Nonaccrual Loans With Allowance for Credit Losses	8,915	4,790
Total Nonperforming Loans	$ 11,233	$ 5,902

Loans Receivable - Analysis of

Loans Receivable - Analysis of Past Due Loans, Disaggregated by Loan Class, Non-PCI (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Loans receivable	$ 4,880,168	$ 4,610,147
Real Estate
Financing Receivable, Past Due [Line Items]
Loans receivable	3,699,649	3,642,175
Real Estate \| Retail
Financing Receivable, Past Due [Line Items]
Loans receivable	824,606	869,302
Real Estate \| Hospitality
Financing Receivable, Past Due [Line Items]
Loans receivable	859,953	922,288
Real Estate \| Other
Financing Receivable, Past Due [Line Items]
Loans receivable	1,610,377	1,358,432
Real Estate \| Total commercial property loans
Financing Receivable, Past Due [Line Items]
Loans receivable	3,294,936	3,150,022
Real Estate \| Construction
Financing Receivable, Past Due [Line Items]
Loans receivable	58,882	76,455
Real Estate \| Residential/Consumer Loans
Financing Receivable, Past Due [Line Items]
Loans receivable	345,831	415,698
Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Loans receivable	757,255	484,093
Leases Receivable
Financing Receivable, Past Due [Line Items]
Loans receivable	423,264	483,879
Non-PCI Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	53,640	15,652
Current	4,826,528	4,594,496
Loans receivable	4,880,168	4,610,147
Non-PCI Loans \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	9,026	7,497
Non-PCI Loans \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	15,081	4,060
Non-PCI Loans \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	29,533	4,094
Non-PCI Loans \| Real Estate
Financing Receivable, Past Due [Line Items]
Past due loans receivable	30,332	3,752
Current	3,669,317	3,638,424
Loans receivable	3,699,649	3,642,175
Non-PCI Loans \| Real Estate \| Retail
Financing Receivable, Past Due [Line Items]
Past due loans receivable		249
Current	824,606	869,053
Loans receivable	824,606	869,302
Non-PCI Loans \| Real Estate \| Hospitality
Financing Receivable, Past Due [Line Items]
Past due loans receivable	11,076	907
Current	848,877	921,381
Loans receivable	859,953	922,288
Non-PCI Loans \| Real Estate \| Other
Financing Receivable, Past Due [Line Items]
Past due loans receivable	731	89
Current	1,609,646	1,358,344
Loans receivable	1,610,377	1,358,432
Non-PCI Loans \| Real Estate \| Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	11,807	1,245
Current	3,283,129	3,148,778
Loans receivable	3,294,936	3,150,022
Non-PCI Loans \| Real Estate \| Construction
Financing Receivable, Past Due [Line Items]
Past due loans receivable	12,807
Current	46,075	76,455
Loans receivable	58,882	76,455
Non-PCI Loans \| Real Estate \| Residential/Consumer Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	5,718	2,507
Current	340,113	413,191
Loans receivable	345,831	415,697
Non-PCI Loans \| Real Estate \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	4,693	1,504
Non-PCI Loans \| Real Estate \| 30-59 Days Past Due \| Retail
Financing Receivable, Past Due [Line Items]
Past due loans receivable		6
Non-PCI Loans \| Real Estate \| 30-59 Days Past Due \| Hospitality
Financing Receivable, Past Due [Line Items]
Past due loans receivable		907
Non-PCI Loans \| Real Estate \| 30-59 Days Past Due \| Other
Financing Receivable, Past Due [Line Items]
Past due loans receivable		51
Non-PCI Loans \| Real Estate \| 30-59 Days Past Due \| Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable		964
Non-PCI Loans \| Real Estate \| 30-59 Days Past Due \| Residential/Consumer Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	4,693	540
Non-PCI Loans \| Real Estate \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	13,268	1,789
Non-PCI Loans \| Real Estate \| 60-89 Days Past Due \| Retail
Financing Receivable, Past Due [Line Items]
Past due loans receivable		132
Non-PCI Loans \| Real Estate \| 60-89 Days Past Due \| Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable		132
Non-PCI Loans \| Real Estate \| 60-89 Days Past Due \| Construction
Financing Receivable, Past Due [Line Items]
Past due loans receivable	12,807
Non-PCI Loans \| Real Estate \| 60-89 Days Past Due \| Residential/Consumer Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	461	1,657
Non-PCI Loans \| Real Estate \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	12,371	458
Non-PCI Loans \| Real Estate \| 90 Days or More Past Due \| Retail
Financing Receivable, Past Due [Line Items]
Past due loans receivable		111
Non-PCI Loans \| Real Estate \| 90 Days or More Past Due \| Hospitality
Financing Receivable, Past Due [Line Items]
Past due loans receivable	11,076
Non-PCI Loans \| Real Estate \| 90 Days or More Past Due \| Other
Financing Receivable, Past Due [Line Items]
Past due loans receivable	731	38
Non-PCI Loans \| Real Estate \| 90 Days or More Past Due \| Total commercial property loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	11,807	149
Non-PCI Loans \| Real Estate \| 90 Days or More Past Due \| Residential/Consumer Loans
Financing Receivable, Past Due [Line Items]
Past due loans receivable	564	309
Non-PCI Loans \| Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Past due loans receivable	12,796	911
Current	744,459	483,183
Loans receivable	757,255	484,093
Non-PCI Loans \| Commercial and Industrial \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	282	635
Non-PCI Loans \| Commercial and Industrial \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	27	133
Non-PCI Loans \| Commercial and Industrial \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	12,487	143
Non-PCI Loans \| Leases Receivable
Financing Receivable, Past Due [Line Items]
Past due loans receivable	10,512	10,990
Current	412,752	472,889
Loans receivable	423,264	483,879
Non-PCI Loans \| Leases Receivable \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	4,051	5,358
Non-PCI Loans \| Leases Receivable \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	1,786	2,138
Non-PCI Loans \| Leases Receivable \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Past due loans receivable	$ 4,675	$ 3,493

Loans Receivable - Non-Accrual

Loans Receivable - Non-Accrual Loans, Disaggregated by Loan Class (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	$ 83,032	$ 63,761
Real Estate
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	57,291	44,380
Real Estate \| Retail
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	6,330	277
Real Estate \| Hospitality
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	20,612	225
Real Estate \| Other
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	3,145	14,864
Real Estate \| Total commercial property loans
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	30,087	15,366
Real Estate \| Construction
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	24,854	27,201
Real Estate \| Residential/Consumer Loans
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	2,350	1,813
Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	14,507	13,479
Leases Receivable
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	$ 11,234	$ 5,902

Loans Receivable - Non-Performi

Loans Receivable - Non-Performing Assets (Detail) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Total nonaccrual loans	$ 83,032,000	$ 63,761,000
Loans receivable 90 days or more past due and still accruing	0	0
Total Nonperforming Loans	83,032,000	63,761,000
Other real estate owned ("OREO")	2,360,000	63,000
Total nonperforming assets	$ 85,392,000	$ 63,824,000

Loans Receivable - Troubled Deb

Loans Receivable - Troubled Debt Restructurings, Disaggregated by Type of Concession and by Loan Type (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Nonaccrual TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	$ 17,065	$ 55,478
Nonaccrual TDRs \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	16,921	42,487
Nonaccrual TDRs \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	144	12,991
Nonaccrual TDRs \| Deferral of Principal
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	1,095	689
Nonaccrual TDRs \| Deferral of Principal \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	1,095	689
Nonaccrual TDRs \| Deferral of Principal and Interest
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	3,478	285
Nonaccrual TDRs \| Deferral of Principal and Interest \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	3,334	132
Nonaccrual TDRs \| Deferral of Principal and Interest \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	144	153
Nonaccrual TDRs \| Reduction of Principal and Interest
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	12,492	40,266
Nonaccrual TDRs \| Reduction of Principal and Interest \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	12,492	27,740
Nonaccrual TDRs \| Reduction of Principal and Interest \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		12,527
Nonaccrual TDRs \| Extension of Maturity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		14,238
Nonaccrual TDRs \| Extension of Maturity \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		13,926
Nonaccrual TDRs \| Extension of Maturity \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		312
Accrual TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	7,930	830
Accrual TDRs \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	7,870	608
Accrual TDRs \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	60	222
Accrual TDRs \| Deferral of Principal
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	513	531
Accrual TDRs \| Deferral of Principal \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	513	531
Accrual TDRs \| Deferral of Principal and Interest
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		36
Accrual TDRs \| Deferral of Principal and Interest \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		36
Accrual TDRs \| Reduction of Principal and Interest
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	71	148
Accrual TDRs \| Reduction of Principal and Interest \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	67	77
Accrual TDRs \| Reduction of Principal and Interest \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	4	71
Accrual TDRs \| Extension of Maturity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	7,346	114
Accrual TDRs \| Extension of Maturity \| Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	7,290
Accrual TDRs \| Extension of Maturity \| Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	$ 56	$ 114

Loans Receivable - Summary of L

Loans Receivable - Summary of Loans by Class Modified as Troubled Debt Restructurings (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Loan	Dec. 31, 2019USD ($)Loan	Dec. 31, 2018USD ($)Loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| Loan	5	8	2
Pre- Modification Outstanding Recorded Investment	$ 4,479	$ 54,071	$ 684
Post- Modification Outstanding Recorded Investment	$ 3,676	$ 54,892	$ 664
Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| Loan	5	6
Pre- Modification Outstanding Recorded Investment	$ 4,479	$ 41,292
Post- Modification Outstanding Recorded Investment	$ 3,676	$ 42,329
Commercial and Industrial Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans \| Loan		2	2
Pre- Modification Outstanding Recorded Investment		$ 12,779	$ 684
Post- Modification Outstanding Recorded Investment		$ 12,562	$ 664

Servicing Assets - Summary of C

Servicing Assets - Summary of Changes in Servicing Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Transfers And Servicing [Abstract]
Balance at beginning of period	$ 6,956	$ 8,520
Addition related to sale of SBA loans	1,517	1,699
Amortization	(2,261)	(3,263)
Balance at end of period	$ 6,212	$ 6,956

Servicing Assets - Additional I

Servicing Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Risks Inherent In Servicing Assets And Servicing Liabilities [Line Items]
Serviced loans sold to unaffiliated parties	$ 429.4	$ 422.3
Fair value of servicing rights	$ 6.9
Minimum
Risks Inherent In Servicing Assets And Servicing Liabilities [Line Items]
Discount rates ranging	9.30%
Prepayment speeds	11.80%
Maximum
Risks Inherent In Servicing Assets And Servicing Liabilities [Line Items]
Discount rates ranging	12.20%
Prepayment speeds	19.10%
Other Operating Income
Risks Inherent In Servicing Assets And Servicing Liabilities [Line Items]
Servicing fee income	$ 4.2	4.4	$ 4.7
Net amortization expense	$ 2	$ 2.8	$ 2.6

Premises and Equipment - Summar

Premises and Equipment - Summary of Major Components of Premises and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 66,939	$ 63,052
Accumulated depreciation and amortization	(40,508)	(36,982)
Total premises and equipment, net	26,431	26,070
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	6,850	7,980
Buildings and improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	12,423	14,120
Furniture and equipment
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	31,973	27,358
Leasehold improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	14,813	12,715
Leased equipment
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 880	$ 879

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property Plant And Equipment [Abstract]
Depreciation and amortization expense	$ 4	$ 3.3	$ 2.6

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($)	12 Months Ended
Leases - Additional Information (Detail) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jan. 01, 2019
Lessee, Lease, Description [Line Items]
Right-of-use assets	$ 52,200,000	$ 36,500,000
Total lease liabilities - Operating leases	$ 53,963,000	$ 37,200,000
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:AccruedLiabilitiesAndOtherLiabilities	us-gaap:AccruedLiabilitiesAndOtherLiabilities
Net rental expenses	$ 8,500,000	$ 7,900,000	$ 7,400,000
Weighted average remaining lease term	8 years 9 months	8 years 6 months 25 days
Weighted average discount rate (percent)	2.43%	3.24%
Net lease expense	$ 8,500,000	$ 7,900,000
Operating lease costs	8,500,000	8,000,000
Sublease income	132,000	132,000
Cash paid for amounts included in the measurement of Company's operating lease liabilities	$ 7,600,000	$ 7,200,000
ASU 2016-02
Lessee, Lease, Description [Line Items]
Right-of-use assets				$ 40,900,000
Total lease liabilities - Operating leases				$ 40,900,000
Minimum
Lessee, Lease, Description [Line Items]
Operating lease remaining term	1 year
Finance lease remaining term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Operating lease remaining term	13 years
Finance lease remaining term	13 years
Operating lease extension term	5 years
Finance lease extension term	5 years

Leases - Future Minimum Annual

Leases - Future Minimum Annual Rental Commitments Under Non-Cancelable Operating Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
2021	$ 7,519
2022	7,261
2023	7,044
2024	6,526
2025	6,060
Thereafter	25,730
Remaining lease commitments	60,140
Interest	(6,177)
Present value of lease liability	$ 53,963	$ 37,200

Goodwill and Other Intangible_2

Goodwill and Other Intangibles - Additional Information (Detail) - USD ($)	Oct. 27, 2016	Aug. 31, 2014	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment			$ 0
Intangible asset impairment charges			0	$ 0	$ 0
Core deposit intangible
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization expense			$ 261,000	$ 309,000	$ 362,000
CBI Merger
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 11,000,000
CBI Merger \| Third-party originators intangible
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired	$ 483,000
CBI Merger \| Core deposit intangible
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired		$ 2,200,000

Goodwill and Other Intangible_3

Goodwill and Other Intangibles - Summary of Other Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Acquired Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	$ (2,115)	$ (1,854)
Net carrying amount, excluding goodwill	581
Goodwill	11,031	11,031
Gross carrying amount	13,727	13,727
Net carrying amount	$ 11,612	11,873
Core deposit intangible
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization Period	10 years
Gross carrying amount, excluding goodwill	$ 2,213	2,213
Accumulated amortization	(1,746)	(1,567)
Net carrying amount, excluding goodwill	$ 467	646
Third-party originators intangible
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization Period	7 years
Gross carrying amount, excluding goodwill	$ 483	483
Accumulated amortization	(369)	(287)
Net carrying amount, excluding goodwill	$ 114	$ 196

Goodwill and Other Intangible_4

Goodwill and Other Intangibles - Estimated Future Amortization Expense Related to Other Intangible Assets (Detail) $ in Thousands	Dec. 31, 2020USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2021	$ 216
2022	171
2023	126
2024	68
Net carrying amount, excluding goodwill	$ 581

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Time Deposits	$ 1,283,699,000
Accrued interest payable on deposits	4,600,000	$ 11,200,000
Total deposits reclassified to loans due to overdrafts	241,000	1,500,000
Time Deposits of $250,000 or More
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Time Deposits	$ 311,838,000	$ 299,900,000

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Time Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Restricted Cash And Cash Equivalents Items [Line Items]
2021	$ 1,122,132
2022	130,148
2023	23,685
2024	5,382
2025 & thereafter	2,352
Total	1,283,699
Time Deposits of $250,000 or More
Restricted Cash And Cash Equivalents Items [Line Items]
2021	296,455
2022	14,315
2023	804
2024	0
2025 & thereafter	264
Total	311,838	$ 299,900
Other Time Deposits
Restricted Cash And Cash Equivalents Items [Line Items]
2021	825,677
2022	115,832
2023	22,881
2024	5,382
2025 & thereafter	2,089
Total	$ 971,861

Deposits - Summary of Interest

Deposits - Summary of Interest Expense on Deposits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Interest Expense Deposits [Abstract]
Demand: interest-bearing	$ 70	$ 116	$ 106
Money market and savings	11,016	23,556	16,182
Time deposits of $250,000 or more	3,521	6,338	9,598
Other time deposits	19,387	33,095	17,194
Total interest expense on deposits	$ 33,994	$ 63,105	$ 43,080

Borrowings - Schedule of Borrow

Borrowings - Schedule of Borrowings (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Outstanding Balance
Outstanding advances	$ 150,000	$ 90,000
Weighted Average Rate
Outstanding advances (percent)	1.40%	1.70%	2.56%
FHLB of San Francisco
Outstanding Balance
Overnight advances		$ 15,000
Advances due within 12 months	$ 50,000	25,000
Advances due over 12 months through 24 months	50,000	25,000
Advances due over 24 months through 36 months	50,000	25,000
Outstanding advances	$ 150,000	$ 90,000
Weighted Average Rate
Overnight advances (percent)	0.00%	1.66%
Advances due within 12 months (percent)	1.61%	1.75%
Advances due over 12 months through 24 months (percent)	1.62%	1.66%
Advances due over 24 months through 36 months (percent)	0.97%	1.72%
Outstanding advances (percent)	1.40%	1.70%

Borrowings - Summary of Financi

Borrowings - Summary of Financial Data Pertaining to Federal Home Loan Bank Advances (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Banks [Abstract]
Weighted-average interest rate at end of year	1.40%	1.70%	2.56%
Weighted-average interest rate during the year	1.42%	1.89%	1.94%
Average balance of FHLB advances	$ 156,601,000	$ 40,374,000	$ 174,452,000
Maximum amount outstanding at any month-end	$ 300,000,000	$ 285,000,000	$ 300,000,000

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) - USD ($)	12 Months Ended
Borrowings - Additional Information (Detail) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Pledged loans receivable, carrying value	$ 2,170,000,000
Total borrowing capacity available from the collateral	1,730,000,000
Available borrowing capacity	1,440,000,000
Available for use through the Federal Reserve Bank of San Francisco Discount Window	26,300,000
Pledged loans, carrying values	27,300,000
Borrowings	0
Advances from the FHLB	150,000,000	$ 90,000,000
Increase in the advances from the FHLB	60,000,000
Interest expense on FHLB	$ 2,200,000	$ 763,000	$ 3,400,000
Weighted-average interest rates	1.42%	1.89%	1.94%
Payment Protection Program
Debt Instrument [Line Items]
Borrowings	$ 0
Available borrowing capacity	$ 300,400,000
Maturity date	Mar. 31, 2021

Subordinated Debentures - Addit

Subordinated Debentures - Additional Information (Detail) - USD ($)	Mar. 21, 2017	Dec. 31, 2005	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2014
Debt Instrument [Line Items]
Subordinated debentures issued			$ 126,800,000	$ 126,800,000
Subordinated debentures
Debt Instrument [Line Items]
Subordinated debentures issued	$ 100,000,000
Fixed interest rate	5.45%
Debt issuance costs	$ 2,300,000
Debt outstanding, net of issuance cost			98,500,000	98,300,000
Amortization of debt issuance costs			205,000	193,000	$ 182,000
Subordinated debentures \| Central Bancorp, Inc
Debt Instrument [Line Items]
Subordinated debentures issued		$ 26,000,000
Fixed interest rate		6.26%
Debt outstanding, net of issuance cost			20,400,000	20,000,000
Unpaid principal balance						$ 26,800,000
Estimated fair value						18,500,000
Debt instrument discount			$ 6,400,000	6,800,000		$ 8,300,000
Frequency of interest payment			quarterly
Term for the initial fixed interest rate			5 years
Optional interest payment deferral period (not to exceed)			5 years
Variable interest rate basis			three-month LIBOR plus 140 basis points
Amortization of subordinated debentures			$ 390,000	$ 376,000	$ 356,000
Debt instrument, maturity date			Mar. 15, 2036
3-month London Interbank Offered Rate (LIBOR) \| Subordinated debentures
Debt Instrument [Line Items]
Basis spread	3.315%
3-month London Interbank Offered Rate (LIBOR) \| Subordinated debentures \| Central Bancorp, Inc
Debt Instrument [Line Items]
Basis spread		1.40%

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefits at beginning of year	$ 73,000	$ 202,000	$ 1,039,000
Gross decreases for tax positions of prior years	(73,000)	(202,000)	0
Lapse of statute of limitations	0	0	(837,000)
Gross increase for new tax positions	0	73,000	0
Unrecognized tax benefits (expense) at end of year	$ 0	$ 73,000	$ 202,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
Income Taxes - Additional Information (Detail) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Operating Loss Carryforwards [Line Items]
Unrecognized tax benefits that would affect our effective tax rate if recognized	$ 0	$ 73,000	$ 202,000
Decrease in unrecognized tax benefits due to state taxes	73,000	129,000
Decrease in unrecognized tax benefits due to lapse of statute of limitations	0	0	837,000
Valuation allowance	4,352,000	$ 4,852,000	$ 4,852,000
Federal and state income tax	$ 214,800,000
CARES Act
Operating Loss Carryforwards [Line Items]
Net operating loss carryback period	5 years
Federal
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 14,800,000
Federal \| California
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	152,300,000
Federal \| Illinois
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	62,500,000
State
Operating Loss Carryforwards [Line Items]
Low income housing tax credit	$ 0

Income Taxes - Summary of Provi

Income Taxes - Summary of Provision (Benefit) for Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Current expense:
Federal									$ 10,565	$ 18,737	$ 13,415
State									6,310	9,377	5,293
Total current expense									16,875	28,114	18,708
Deferred expense (benefit):
Federal									663	(10,515)	3,428
State									(239)	(3,039)	3,966
Total deferred expense									424	(13,554)	7,394
Income tax expense	$ 5,354	$ 6,439	$ 4,466	$ 1,041	$ 2,720	$ 4,333	$ 1,220	$ 6,288	$ 17,299	$ 14,560	$ 26,102

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Provision for loan losses	$ 26,883	$ 18,401	$ 10,035
Purchase accounting	3,902	3,912	2,724
Net operating loss carryforward	15,342	15,453	17,609
Unrealized loss on securities available for sale			2,457
Mark to market		261
Lease liability	15,562	10,716
Tax credits		198	561
State taxes	1,223	1,739	1,138
Other	3,669	3,766	2,955
Total deferred tax assets	66,581	54,446	37,479
Deferred tax liabilities:
Mark to market	(1,660)		(4,719)
Depreciation	(631)	(388)	(467)
Unrealized gain loss on securities available for sale	(1,247)	(1,370)
Leases - right of use assets	(15,044)	(10,517)
Other	(2,228)	(532)
Total deferred tax liabilities	(20,810)	(12,807)	(5,186)
Valuation allowance	(4,352)	(4,852)	(4,852)
Net deferred tax assets	$ 41,418	$ 36,787	$ 27,441

Income Taxes - Reconciliation b

Income Taxes - Reconciliation between Federal Statutory Income Tax Rate and Effective Tax Rates (Detail)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Federal statutory income tax rate	21.00%	21.00%	21.00%
State taxes, net of federal tax benefits	7.86%	9.39%	9.50%
Tax credit - federal	(2.68%)	(3.49%)	(2.37%)
Federal rate adjustment, net of federal benefits of state	0.00%	0.00%	1.32%
Low-income housing amortization	3.02%	4.17%	2.40%
Other	(0.12%)	(0.32%)	(0.76%)
Effective tax rate	29.08%	30.75%	31.09%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Activity in Accumulated Other Comprehensive Income (Detail) - USD ($)	Jan. 01, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Reclassification from accumulated other comprehensive income		$ (15,712,000)	$ (1,295,000)	$ (87,000)
Balance at beginning of period		1,370,000
Balance at end of period		1,247,000	1,370,000
Balance at beginning of period	$ 562,477,000	563,267,000	552,568,000	562,477,000
Other comprehensive income (loss), net of tax		(306,000)	9,461,000	(4,193,000)
Balance at end of period		577,044,000	563,267,000	552,568,000
Unrealized Gains and Losses on Available for Sale Securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	(3,188,000)	4,752,000	(8,536,000)	(3,188,000)
Other comprehensive income (loss) before reclassification		15,283,000	14,583,000	(5,790,000)
Reclassification from accumulated other comprehensive income		(15,712,000)	(1,295,000)	(87,000)
Adjustments to accumulated other comprehensive income	529,000			529,000
Net current period other comprehensive income		(429,000)	13,288,000	(5,348,000)
Balance at end of period		4,323,000	4,752,000	(8,536,000)
Tax Benefit (Expense)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	1,319,000	(1,370,000)	2,457,000	1,319,000
Other comprehensive income (loss) before reclassification		123,000	(3,827,000)	1,684,000
Reclassification from accumulated other comprehensive income		0	0	0
Adjustments to accumulated other comprehensive income	(546,000)			(546,000)
Net current period other comprehensive income		123,000	(3,827,000)	1,138,000
Balance at end of period		(1,247,000)	(1,370,000)	2,457,000
Accumulated Other Comprehensive Income (Loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period	(1,869,000)	3,382,000	(6,079,000)	(1,869,000)
Other comprehensive income (loss) before reclassification		15,406,000	10,756,000	(4,106,000)
Reclassification from accumulated other comprehensive income		(15,712,000)	(1,295,000)	(87,000)
Adjustments to accumulated other comprehensive income	$ (17,000)			(17,000)
Other comprehensive income (loss), net of tax		(306,000)	9,461,000	(4,210,000)
Balance at end of period		$ 3,076,000	$ 3,382,000	$ (6,079,000)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Additional Information (Detail) - USD ($)	Jan. 01, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income Loss [Line Items]
Net unrealized gains (losses) recorded in comprehensive income		$ 15,300,000	$ 586,000	$ (413,000)
Net gain (loss) on sales of securities		$ 15,712,000	1,295,000	(341,000)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income Loss [Line Items]
Adjustment to accumulated other comprehensive income related to adoption of ASU 2016-01 and 2018-02, net of tax	$ 17,000			17,000
Unrealized Gains and Losses on Available for Sale Securities
Accumulated Other Comprehensive Income Loss [Line Items]
Reduction of unrealized losses related to securities	529,000			529,000
Unrealized Gains and Losses on Available for Sale Securities \| Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income Loss [Line Items]
Net gain (loss) on sales of securities			$ 1,300,000	87,000
Tax Benefit (Expense)
Accumulated Other Comprehensive Income Loss [Line Items]
Reduction in tax benefits upon adoption of ASUs	$ 546,000			$ 546,000

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail)	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum ratio of qualifying total capital to risk-weighted assets	8
Minimum ratio of Tier 1 capital to risk-weighted assets	6
Leverage ratio	4
Minimum ratio of qualifying total capital to risk-weighted assets for well capitalized	10
Minimum ratio of Tier 1 capital to average assets for well capitalized	8
Capital conservation buffer (percent)	5.93%	5.78%	2.50%
Hanmi Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum ratio of qualifying total capital to risk-weighted assets	8	8
Minimum ratio of Tier 1 capital to risk-weighted assets	6	6
Leverage ratio	4	4
Minimum ratio of qualifying total capital to risk-weighted assets for well capitalized	10	10
Minimum ratio of Tier 1 capital to average assets for well capitalized	8	8
Capital conservation buffer (percent)	6.86%	6.64%
Depository Institutions
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage ratio	5

Regulatory Matters - Capital Ra

Regulatory Matters - Capital Ratios of Hanmi Financial and Bank (Detail) $ in Thousands	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Minimum Regulatory Requirement Ratio for Total capital to risk-weighted assets	8
Minimum Regulatory Requirement Ratio for Tier 1 capital to risk-weighted assets	6
Minimum Regulatory Requirement Ratio for Tier 1 capital to average assets	4
Minimum to Be Categorized as Well Capitalized Ratio, Total capital to risk-weighted assets	10
Minimum to Be Categorized as Well Capitalized Ratio, Tier 1 capital to risk-weighted assets	8
Hanmi Financial
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Actual Capital, Total capital to risk-weighted assets	$ 743,091	$ 714,288
Actual Capital, Tier 1 capital to risk-weighted assets	583,076	556,820
Actual Capital, Common equity Tier 1 capital to risk-weighted assets	562,647	536,781
Actual Capital, Tier 1 capital to average assets	$ 583,076	$ 556,820
Actual Capital Ratio, Total capital to risk-weighted assets	15.21	15.11
Actual Capital Ratio, Tier 1 capital to risk-weighted assets	11.93	11.78
Actual Capital Ratio, Common equity Tier 1 capital to risk-weighted assets	11.52	11.36
Actual Capital Ratio, Tier 1 capital to average assets	9.49	10.15
Minimum Regulatory Requirement Capital, Total capital to risk-weighted assets	$ 390,884	$ 378,059
Minimum Regulatory Requirement Capital, Tier 1 capital to risk-weighted assets	293,163	283,544
Minimum Regulatory Requirement Capital, Common equity Tier 1 capital to risk-weighted assets	219,872	212,658
Minimum Regulatory Requirement Capital, Tier 1 capital to average assets	$ 245,882	$ 219,367
Minimum Regulatory Requirement Ratio for Total capital to risk-weighted assets	8	8
Minimum Regulatory Requirement Ratio for Tier 1 capital to risk-weighted assets	6	6
Minimum Regulatory Requirement Ratio for Common equity Tier 1 capital to risk-weighted assets	4.50%	4.50%
Minimum Regulatory Requirement Ratio for Tier 1 capital to average assets	4	4
Hanmi Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Actual Capital, Total capital to risk-weighted assets	$ 726,532	$ 691,024
Actual Capital, Tier 1 capital to risk-weighted assets	665,058	631,978
Actual Capital, Common equity Tier 1 capital to risk-weighted assets	665,058	631,978
Actual Capital, Tier 1 capital to average assets	$ 665,059	$ 631,978
Actual Capital Ratio, Total capital to risk-weighted assets	14.86	14.64
Actual Capital Ratio, Tier 1 capital to risk-weighted assets	13.60	13.39
Actual Capital Ratio, Common equity Tier 1 capital to risk-weighted assets	13.60	13.39
Actual Capital Ratio, Tier 1 capital to average assets	10.83	11.56
Minimum Regulatory Requirement Capital, Total capital to risk-weighted assets	$ 391,114	$ 377,516
Minimum Regulatory Requirement Capital, Tier 1 capital to risk-weighted assets	293,336	283,137
Minimum Regulatory Requirement Capital, Common equity Tier 1 capital to risk-weighted assets	220,002	212,353
Minimum Regulatory Requirement Capital, Tier 1 capital to average assets	$ 245,736	$ 218,748
Minimum Regulatory Requirement Ratio for Total capital to risk-weighted assets	8	8
Minimum Regulatory Requirement Ratio for Tier 1 capital to risk-weighted assets	6	6
Minimum Regulatory Requirement Ratio for Common equity Tier 1 capital to risk-weighted assets	4.50%	4.50%
Minimum Regulatory Requirement Ratio for Tier 1 capital to average assets	4	4
Minimum to Be Categorized as Well Capitalized Capital, Total capital to risk-weighted assets	$ 488,893	$ 471,895
Minimum to Be Categorized as Well Capitalized Capital, Tier 1 capital to risk-weighted assets	391,114	377,516
Minimum to Be Categorized as Well Capitalized Capital, Common equity Tier 1 capital to risk-weighted average	317,780	306,732
Minimum to Be Categorized as Well Capitalized Capital, Tier 1 capital to average assets	$ 307,170	$ 273,435
Minimum to Be Categorized as Well Capitalized Ratio, Total capital to risk-weighted assets	10	10
Minimum to Be Categorized as Well Capitalized Ratio, Tier 1 capital to risk-weighted assets	8	8
Minimum to Be Categorized as Well Capitalized Ratio, Common equity Tier 1 capital to risk-weighted assets	6.50%	6.50%
Minimum to Be Categorized as Well Capitalized Ratio, Tier 1 capital to average assets	5	5

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	Dec. 31, 2020USD ($)
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unpaid principal balance of Non-accrual Non-PCI loans individually evaluated for amount of impairment	$ 250,000
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unpaid principal balance of Non-accrual Non-PCI loans and leases reviewed collectively	$ 250,000

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 753,781	$ 634,477
Derivative financial instruments, Assets	1,100
Derivative financial instruments, Liabilities	1,100
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,132	35,206
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	519,241	410,801
Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	133,601	164,592
Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	90,807	23,878
Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	743,649	599,271
Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	753,781	634,477
Recurring Basis \| U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,132	35,205
Recurring Basis \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	519,241	410,800
Recurring Basis \| Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	1,088
Derivative financial instruments, Liabilities	1,149
Recurring Basis \| Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	133,601	164,592
Recurring Basis \| Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	90,807	23,879
Recurring Basis \| Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	743,649	599,272
Recurring Basis \| Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,132	35,205
Recurring Basis \| Quoted Prices in Active Markets for Identical Assets \| U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,132	35,205
Recurring Basis \| Quoted Prices in Active Markets for Identical Assets \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Quoted Prices in Active Markets for Identical Assets \| Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	0
Derivative financial instruments, Liabilities	0
Recurring Basis \| Quoted Prices in Active Markets for Identical Assets \| Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Quoted Prices in Active Markets for Identical Assets \| Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Quoted Prices in Active Markets for Identical Assets \| Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Significant Observable Inputs with No Active Market with Identical Characteristics
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	743,649	599,272
Recurring Basis \| Significant Observable Inputs with No Active Market with Identical Characteristics \| U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Significant Observable Inputs with No Active Market with Identical Characteristics \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	519,241	410,800
Recurring Basis \| Significant Observable Inputs with No Active Market with Identical Characteristics \| Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	1,088
Derivative financial instruments, Liabilities	1,149
Recurring Basis \| Significant Observable Inputs with No Active Market with Identical Characteristics \| Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	133,601	164,592
Recurring Basis \| Significant Observable Inputs with No Active Market with Identical Characteristics \| Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	90,807	23,879
Recurring Basis \| Significant Observable Inputs with No Active Market with Identical Characteristics \| Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	743,649	599,272
Recurring Basis \| Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Significant Unobservable Inputs \| U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Significant Unobservable Inputs \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Significant Unobservable Inputs \| Derivative financial instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, Assets	0
Derivative financial instruments, Liabilities	0
Recurring Basis \| Significant Unobservable Inputs \| Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Significant Unobservable Inputs \| Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Recurring Basis \| Significant Unobservable Inputs \| Total U.S. government agency and sponsored agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Detail) - Non-recurring Basis - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	$ 63,114	$ 31,049
Other real estate owned	2,360	63
Repossessed personal property	857
Bank-owned premises		1,900
Quoted Prices in Active Markets for Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	0	0
Other real estate owned	0	0
Repossessed personal property	0
Bank-owned premises		0
Significant Observable Inputs with No Active Market with Identical Characteristics
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	0	0
Other real estate owned	0	0
Repossessed personal property	0
Bank-owned premises		0
Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent loans	63,114	31,049
Other real estate owned	2,360	63
Repossessed personal property	$ 857
Bank-owned premises		$ 1,900

Fair Value Measurements - Ass_3

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Parenthetical) (Detail) - Non-recurring Basis - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Real estate loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable	$ 63,100,000	$ 27,200,000
Commercial and industrial loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable	$ 41,000	3,900,000
Secured real estate loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable		27,200,000
Secured personal property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable		$ 3,900,000

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information about Level 3 Fair Value Comments for Assets Measured at Fair Value on Non-Recurring Basis (Detail) - Significant Unobservable Inputs - Non-recurring Basis $ in Thousands	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 63,114	$ 31,049
Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	63,073	27,154
Retail \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 6,330
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember
Retail \| Minimum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.045)
Retail \| Maximum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.035
Retail \| Weighted Average \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.014
Hospitality \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 20,612
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember
Other \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 8,410	$ 13,926
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other \| Minimum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.055)
Other \| Maximum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.034
Other \| Weighted Average \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.015
Construction \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 24,854	$ 13,228
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Construction \| Minimum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.020)	(0.003)
Construction \| Maximum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.012	0.043
Construction \| Weighted Average \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.008)	0.021
Residential/Consumer Loans \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 2,867
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember
Residential/Consumer Loans \| Minimum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.013)
Residential/Consumer Loans \| Maximum \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.015
Residential/Consumer Loans \| Weighted Average \| Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.006
Commercial term \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 41
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember
Commercial term \| Minimum \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.009)
Commercial term \| Maximum \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.015
Commercial term \| Weighted Average \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.006
Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 2,360	$ 63
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other Real Estate Owned \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.035)
Other Real Estate Owned \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	0.015
Other Real Estate Owned \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range	(0.014)
Commercial lines of credit \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 3,895
Alternative Investment, Valuation Technique [Extensible List]		us-gaap:MarketApproachValuationTechniqueMember
Commercial lines of credit \| Minimum \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		(0.008)
Commercial lines of credit \| Maximum \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		0.042
Commercial lines of credit \| Weighted Average \| Commercial and Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		0.018
Repossessed Personal Property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 857
Alternative Investment, Valuation Technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember
Bank-Owned Premises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 1,900
Alternative Investment, Valuation Technique [Extensible List]		us-gaap:MarketApproachValuationTechniqueMember
Bank-Owned Premises \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		(0.030)
Bank-Owned Premises \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		0.055
Bank-Owned Premises \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range		(0.002)

Fair Value Measurements - Estim

Fair Value Measurements - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financial assets:
Cash and due from banks	$ 391,849	$ 121,678
Securities available for sale	753,781	634,477
Accrued interest receivable	16,363	11,742
Financial liabilities:
Noninterest-bearing deposits	1,898,766	1,391,624
Interest-bearing deposits	3,376,242	3,307,338
Accrued interest payable	4,564	11,215
Carrying Amount
Financial assets:
Cash and due from banks	391,849	121,678
Securities available for sale	753,781	634,477
Loans held for sale	8,568	6,020
Loans receivable, net of allowance for credit losses	4,789,742	4,548,739
Accrued interest receivable	16,363	11,742
Financial liabilities:
Noninterest-bearing deposits	1,898,766	1,391,624
Interest-bearing deposits	3,376,242	3,307,338
Borrowings and subordinated debentures	268,972	208,377
Accrued interest payable	4,564	11,215
Quoted Prices in Active Markets for Identical Assets \| Fair Value
Financial assets:
Cash and due from banks	391,849	121,678
Securities available for sale	10,132	35,205
Loans held for sale	0	0
Loans receivable, net of allowance for credit losses	0	0
Accrued interest receivable	16,363	11,742
Financial liabilities:
Noninterest-bearing deposits	0	0
Interest-bearing deposits	0	0
Borrowings and subordinated debentures	0	0
Accrued interest payable	4,564	11,215
Significant Observable Inputs with No Active Market with Identical Characteristics \| Fair Value
Financial assets:
Cash and due from banks	0	0
Securities available for sale	743,649	599,272
Loans held for sale	9,270	6,382
Loans receivable, net of allowance for credit losses	0	0
Accrued interest receivable	0	0
Financial liabilities:
Noninterest-bearing deposits	1,898,766	1,391,624
Interest-bearing deposits	0	0
Borrowings and subordinated debentures	151,714	89,831
Accrued interest payable	0	0
Significant Unobservable Inputs \| Fair Value
Financial assets:
Cash and due from banks	0	0
Securities available for sale	0	0
Loans held for sale	0	0
Loans receivable, net of allowance for credit losses	4,755,302	4,520,322
Accrued interest receivable	0	0
Financial liabilities:
Noninterest-bearing deposits	0	0
Interest-bearing deposits	3,380,179	3,317,867
Borrowings and subordinated debentures	118,809	118,807
Accrued interest payable	$ 0	$ 0

Share-based Compensation - Addi

Share-based Compensation - Additional Information (Detail)	12 Months Ended
Share-based Compensation - Additional Information (Detail)	Dec. 31, 2020USD ($)PlanBank$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of incentive plans \| Plan	2
Unrecognized compensation expense	$ 2,500,000
Weighted average period cost expected to be recognized	1 year 6 months
Stock options, expiration term from date of grant	10 years
Share-based compensation expense	$ 2,544,000	$ 3,125,000	$ 3,515,000
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of continuous service	3 years
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of continuous service	5 years
2013 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of common stock to be granted under equity incentive awards \| shares	1,500,000
Shares available for issuance under the Plan \| shares	263,523
2007 and 2013 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	$ 0
Options granted in period (shares) \| shares	0
Stock options, expiration term from date of grant	10 years
2007 and 2013 Plan \| Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	$ 2,500,000
Weighted average period cost expected to be recognized	1 year 6 months
Total fair value of vested shares	$ 1,400,000	$ 2,100,000	$ 3,000,000
Number of shares granted \| shares	125,896	181,204	156,771
Grant date fair value, vested \| $ / shares	$ 24.68	$ 27.56	$ 27.11
2007 and 2013 Plan \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of continuous service	3 years
2007 and 2013 Plan \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of continuous service	5 years
2013 Equity Compensation Plan \| Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, expiration term from date of grant	3 years
Total fair value of vested shares	$ 271,000
Number of shares granted \| shares	23,937
Total fair value of granted shares	$ 231,000
Share-based compensation arrangement by share-based payment award, vesting rights	Each PSU that vests entitles the recipient to receive one share of the Company’s common stock on a specified issuance date
Grant date fair value, vested \| $ / shares	$ 9.65
Number of regional banks \| Bank	51
Share-based compensation expense	$ 32,000

Share-based Compensation - Shar

Share-based Compensation - Share-Based Compensation Expense and Related Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-based compensation expense	$ 2,544	$ 3,125	$ 3,515
Related tax benefits	$ 734	$ 941	$ 984

Share-based Compensation - Summ

Share-based Compensation - Summary of Information under Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of stock options	$ 2,979	$ 570
2007 and 2013 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of options vested		$ 184
Total intrinsic value of options exercised	842
Proceeds from exercise of stock options	$ 2,979

Share-based Compensation - Su_2

Share-based Compensation - Summary of Stock Option Transactions under Plans (Detail) - 2007 and 2013 Plan - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Number of Shares, options outstanding at beginning of period (shares)	156,438	338,338	364,088
Number of Shares, Options exercised (shares)		(181,900)	(25,750)
Number of Shares, Options forfeited (shares)	(30,500)
Number of Shares, Options outstanding at end of period (shares)	125,938	156,438	338,338
Number of Shares, Options exercisable at end of period (shares)	125,938	156,438	338,338
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted-Average Exercise Price Per Share, Options outstanding at beginning of period (in USD per share)	$ 18.84	$ 17.52	$ 17.86
Weighted-Average Exercise Price Per Share, Options exercised (in USD per share)		16.38	22.06
Weighted-Average Exercise Price Per Share, Options forfeited (in USD per share)	15.73
Weighted-Average Exercise Price Per Share, Options outstanding at end of period (in USD per share)	19.59	18.84	17.52
Weighted-Average Exercise Price Per Share, Options exercisable at end of period (in USD per share)	$ 19.59	$ 18.84	$ 17.52

Share-based Compensation - Su_3

Share-based Compensation - Summary of Stock Options Outstanding under Plans (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
2007 and 2013 Plan
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares (shares)	125,938	156,438	338,338	364,088
Options Outstanding, Weighted-Average Exercise Price Per Share (in USD per share)	$ 19.59	$ 18.84	$ 17.52	$ 17.86
Options Exercisable, Number of Shares (shares)	125,938	156,438	338,338
Options Exercisable, Weighted-Average Exercise Price Per Share (in USD per share)	$ 19.59	$ 18.84	$ 17.52
Intrinsic value of stock options outstanding (in USD per share)	11.34
$10.80 to $14.99
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Limit (in USD per share)	10.80
Exercise Price Range, Upper Limit (in USD per share)	$ 14.99
$10.80 to $14.99 \| 2007 and 2013 Plan
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares (shares)	4,938
Options Outstanding, Weighted-Average Exercise Price Per Share (in USD per share)	$ 12.54
Options Outstanding, Weighted-Average Remaining Contractual Life	1 year 11 months 12 days
Options Exercisable, Number of Shares (shares)	4,938
Options Exercisable, Weighted-Average Exercise Price Per Share (in USD per share)	$ 12.54
Options Exercisable, Weighted-Average Remaining Contractual Life	1 year 11 months 12 days
$15.00 to $19.99
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Limit (in USD per share)	$ 15
Exercise Price Range, Upper Limit (in USD per share)	$ 19.99
$15.00 to $19.99 \| 2007 and 2013 Plan
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares (shares)	50,000
Options Outstanding, Weighted-Average Exercise Price Per Share (in USD per share)	$ 16.43
Options Outstanding, Weighted-Average Remaining Contractual Life	2 years 7 months 28 days
Options Exercisable, Number of Shares (shares)	50,000
Options Exercisable, Weighted-Average Exercise Price Per Share (in USD per share)	$ 16.43
Options Exercisable, Weighted-Average Remaining Contractual Life	2 years 7 months 28 days
$20.00 to $24.83
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Limit (in USD per share)	$ 20
Exercise Price Range, Upper Limit (in USD per share)	$ 24.83
$20.00 to $24.83 \| 2007 and 2013 Plan
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares (shares)	71,000
Options Outstanding, Weighted-Average Exercise Price Per Share (in USD per share)	$ 22.31
Options Outstanding, Weighted-Average Remaining Contractual Life	3 years 10 months 2 days
Options Exercisable, Number of Shares (shares)	71,000
Options Exercisable, Weighted-Average Exercise Price Per Share (in USD per share)	$ 22.31
Options Exercisable, Weighted-Average Remaining Contractual Life	3 years 10 months 2 days

Share-based Compensation - Sche

Share-based Compensation - Schedule of Restricted Stock Awards under 2013 Plan (Detail) - 2007 and 2013 Plan - Restricted stock awards - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Number of Shares, Restricted stock at beginning of period	296,201	304,595	317,783
Number of Shares, Restricted stock granted	125,896	181,204	156,771
Number of Shares, Restricted stock vested	(137,892)	(99,527)	(106,674)
Number of Shares, Restricted stock forfeited	(40,497)	(90,071)	(63,285)
Number of Shares, Restricted stock at end of period	243,708	296,201	304,595
Weighted-Average Grant Date Fair Value Per Share, Restricted stock at beginning of period (in USD per share)	$ 22.91	$ 21.98	$ 21.09
Weighted-Average Grant Date Fair Value Per Share, Restricted stock granted (in USD per share)	8.51	22.05	25.02
Weighted-Average Grant Date Fair Value Per Share, Restricted stock vested (in USD per share)	24.68	27.56	27.11
Weighted-Average Grant Date Fair Value Per Share, Restricted stock forfeited (in USD per share)	16.55	13.78	15.38
Weighted-Average Grant Date Fair Value Per Share, Restricted stock at end of period (in USD per share)	$ 15.60	$ 22.91	$ 21.98

Earnings per Share - Reconcilia

Earnings per Share - Reconciliation of Components Used to Derive Basic and Diluted EPS (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share [Abstract]
Net income	$ 14,326	$ 16,344	$ 9,175	$ 2,350	$ 3,084	$ 12,377	$ 2,656	$ 14,672	$ 42,196	$ 32,788	$ 57,868
Less: income allocated to unvested restricted shares									532	230	359
Net Income (Loss) Available to Common Stockholders, Basic									41,664	32,558	57,509
Income allocated to common shares									$ 41,664	$ 32,558	$ 57,509
Weighted-average shares for basic EPS (shares)									30,280,415	30,725,376	31,924,863
Effect of dilutive securities - options and unvested restricted stock (shares)										35,046	126,470
Weighted-average shares for diluted EPS									30,280,415	30,760,422	32,051,333
Net income per share, basic (in USD per share)									$ 1.39	$ 1.07	$ 1.81
Effect of dilutive securities (in USD per share)									0.02	0.01	0.01
Basic earnings per share (in USD per share)	$ 0.47	$ 0.53	$ 0.30	$ 0.08	$ 0.10	$ 0.40	$ 0.09	$ 0.48	1.38	1.06	1.80
Net income per share, diluted (in USD per share)									1.39	1.07	1.80
Diluted earnings per share (in USD per share)	$ 0.47	$ 0.53	$ 0.30	$ 0.08	$ 0.10	$ 0.40	$ 0.09	$ 0.48	$ 1.38	$ 1.06	$ 1.79

Earnings per Share - Additional

Earnings per Share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Stock option awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted EPS (shares)	0	0	0

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Contribution Plan Disclosure [Line Items]
Accrued expense liability for personal paid time off	$ 3.1	$ 2.5
Bank-Owned Life Insurance
Defined Contribution Plan Disclosure [Line Items]
Cash surrender value	$ 53.9	52.8
Section 401(k) Plan
Defined Contribution Plan Disclosure [Line Items]
Percent of participant contributions (percent)	75.00%
Percent of employer contribution (up to, percent)	8.00%
Contributions	$ 2.4	$ 2.4	$ 2.4

Off-Balance Sheet Commitments -

Off-Balance Sheet Commitments - Distribution of Undisbursed Loan Commitments (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Loss Contingencies [Line Items]
Total undisbursed loan commitments	$ 555,616	$ 413,792
Commitments to extend credit
Loss Contingencies [Line Items]
Total undisbursed loan commitments	453,900	371,287
Standby letters of credit
Loss Contingencies [Line Items]
Total undisbursed loan commitments	47,169	31,372
Commercial letters of credit
Loss Contingencies [Line Items]
Total undisbursed loan commitments	$ 54,547	$ 11,133

Off-Balance Sheet Commitments_2

Off-Balance Sheet Commitments - Allowance for Credit Losses Related to Off-Balance Sheet Items (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Balance at beginning of period	$ 2,397	$ 1,439	$ 1,296
Adjusted balance	2,062	1,439	1,296
Provision expense for credit losses	730	958	143
Balance at end of period	2,792	$ 2,397	$ 1,439
ASU 2016-13
Loss Contingencies [Line Items]
Adjustment related to adoption of ASU 2016-13	$ (335)

Derivative Financial Instrume_3

Derivative Financial Instruments - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Derivative [Line Items]
Derivative financial instruments outstanding		$ 0
Fair value of derivatives in net liability position	$ 1,100,000
Amount of collateral posted	1,200,000
Net liability position	61,000
Derivative fair value of liabilities	1,100,000
Derivative fair value of assets	1,100,000
Termination value	1,100,000
Other Income
Derivative [Line Items]
Fee income	1,100,000
Not Designated as Hedging Instrument
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	$ (61,000)	$ 0

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of Fair Value of Derivative Financial Instruments as well as their Classification on Balance Sheet (Detail)	Dec. 31, 2020USD ($)
Derivatives Fair Value [Line Items]
Total derivative assets	$ 1,088,000
Total derivative liabilities	1,149,000
Not Designated as Hedging Instrument \| Interest Rate Products
Derivatives Fair Value [Line Items]
Notional Amount	66,904,000
Total derivative assets	1,088,000
Total derivative liabilities	$ 1,149,000

Derivative Financial Instrume_5

Derivative Financial Instruments - Effect of Derivative Financial Instruments that are Not Designated as Hedging Instruments on Income Statement (Detail) - Not Designated as Hedging Instrument - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Derivative Instruments Gain Loss [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	$ (61,000)	$ 0
Interest Rate Products \| Other Income
Derivative Instruments Gain Loss [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	$ (61,000)

Derivative Financial Instrume_6

Derivative Financial Instruments - Summary of Gross Presentation, Effects of Offsetting and a Net Presentation of Derivatives (Detail) $ in Thousands	Dec. 31, 2020USD ($)
Derivatives Fair Value [Line Items]
Gross Amounts of Recognized Assets, Offsetting of Derivative Assets	$ 1,088
Net Amounts of Assets presented in the Statement of Financial Position, Offsetting of Derivative Assets	1,088
Gross Amounts Not Offset in the Statement of Financial Position, Derivative Assets, Net Amount	1,088
Gross Amounts of Recognized Liabilities, Offsetting of Derivative Liabilities	1,149
Net Amounts of Liabilities presented in the Statement of Financial Position, Offsetting of Derivative Liabilities	1,149
Gross Amounts Not Offset in the Statement of Financial Position, Derivative Liabilities, Net Amount	(1)
Gross Amounts Not Offset in the Statement of Financial Position, Derivative Liabilities, Cash Collateral Provided	1,150
Derivative Assets, Financial Instruments
Derivatives Fair Value [Line Items]
Gross Amounts Not Offset in the Statement of Financial Position, Derivative Assets, Net Amount	$ 1,088

Qualified Affordable Housing _2

Qualified Affordable Housing Project Investments - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Investments in Affordable Housing Projects [Line Items]
Qualified affordable housing project investments	$ 7,800,000	$ 9,600,000
Unfunded commitments related to investments	$ 84,000	112,000
Investment commitments expected to be paid	2023
Income Tax Expense
Investments in Affordable Housing Projects [Line Items]
Qualified affordable housing project investments, amortization expense recognized	$ 1,800,000	$ 2,000,000

Liquidity - Additional Informat

Liquidity - Additional Information (Detail) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Line of Credit Facility [Line Items]
Borrowings	$ 0
Line of credit	115,000,000
Hanmi Bank
Line of Credit Facility [Line Items]
Cash on deposit with bank subsidiary	17,300,000	$ 17,100,000
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances	150,000,000	90,000,000
Broker deposits	$ 193,700,000	264,200,000
Percentage of borrowings from FHLB (up to)	30.00%
Total borrowing capacity based on pledged collateral	$ 1,730,000,000	1,110,000,000
Borrowing capacity available based on pledged collateral	1,440,000,000	$ 878,400,000
Amount available from borrowing source	26,300,000
Carrying value for loans pledged by Bank	27,300,000
Borrowings	0
Maximum borrowing capacity of line of credit	$ 100,000,000

Condensed Financial Informati_3

Condensed Financial Information of Parent Company - Balance Sheets of Parent Company (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Assets
Total assets	$ 6,201,888	$ 5,538,184
Liabilities:
Subordinated debentures	118,972	118,377
Total liabilities	5,624,844	4,974,917
Stockholders' equity	577,044	563,267	$ 552,568	$ 562,477
Total liabilities and stockholders' equity	6,201,888	5,538,184
Hanmi Financial
Assets
Cash	17,266	17,105
Investments in consolidated subsidiaries	679,455	658,464
Other assets	995	7,511
Total assets	697,716	683,080
Liabilities:
Subordinated debentures	118,972	118,377
Other liabilities	1,701	1,436
Total liabilities	120,673	119,813
Stockholders' equity	577,043	563,267
Total liabilities and stockholders' equity	$ 697,716	$ 683,080

Condensed Financial Informati_4

Condensed Financial Information of Parent Company - Statement of Income of Parent Company (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed Income Statements, Captions [Line Items]
Interest expense	$ (7,482)	$ (9,241)	$ (11,294)	$ (14,950)	$ (16,763)	$ (18,119)	$ (18,492)	$ (17,526)	$ (42,968)	$ (70,900)	$ (53,384)
Other expense									(10,022)	(16,394)	(11,256)
Income tax benefit	(5,354)	(6,439)	(4,466)	(1,041)	(2,720)	(4,333)	(1,220)	(6,288)	(17,299)	(14,560)	(26,102)
Net income	$ 14,326	$ 16,344	$ 9,175	$ 2,350	$ 3,084	$ 12,377	$ 2,656	$ 14,672	42,196	32,788	57,868
Hanmi Financial
Condensed Income Statements, Captions [Line Items]
Dividends from bank subsidiaries									16,986	44,500	76,669
Interest expense									(6,607)	(7,032)	(6,925)
Other expense									(4,892)	(5,333)	(5,988)
Income before taxes and undistributed income of subsidiary									5,487	32,135	63,756
Income tax benefit									3,247	3,823	4,116
Income before undistributed income of subsidiary									8,734	35,958	67,872
Equity in undistributed income of subsidiary									33,463	(3,170)	(10,004)
Net income									$ 42,197	$ 32,788	$ 57,868

Condensed Financial Informati_5

Condensed Financial Information of Parent Company - Statement of Cash Flows of Parent Company (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities:
Net income	$ 14,326	$ 16,344	$ 9,175	$ 2,350	$ 3,084	$ 12,377	$ 2,656	$ 14,672	$ 42,196	$ 32,788	$ 57,868
Adjustments to reconcile net income to net cash used in operating activities
Share-based compensation expense									2,544	3,125	3,515
Net cash provided by (used in) operating activities									60,203	58,796	76,635
Cash flows from financing activities:
Proceeds from exercise of stock options										2,979	570
Cash paid for repurchase of vested shares due to employee tax liability									(335)	(517)	(680)
Repurchase of common stock									(2,196)	(7,362)	(36,068)
Cash dividends paid									(15,960)	(29,776)	(30,921)
Net cash (used in) provided by financing activities									617,555	(47,949)	236,482
Net increase (decrease) in cash and due from banks									270,171	(33,698)	1,550
Cash and due from banks at beginning of year				121,678				155,376	121,678	155,376	153,826
Cash and due from banks at end of period	391,849				121,678				391,849	121,678	155,376
Hanmi Financial
Cash Flows from Operating Activities:
Net income									42,197	32,788	57,868
Adjustments to reconcile net income to net cash used in operating activities
Undistributed income of subsidiary									(33,463)	3,170	10,004
Amortization of subordinated debentures									595	569	538
Share-based compensation expense									2,544	3,125	3,515
Change in other assets and liabilities									6,779	4,679	(10,463)
Net cash provided by (used in) operating activities									18,651	44,331	61,462
Cash flows from financing activities:
Proceeds from exercise of stock options									0	2,979	570
Cash paid for repurchase of vested shares due to employee tax liability									(335)	(517)	(680)
Repurchase of common stock									(2,196)	(7,362)	(36,068)
Cash dividends paid									(15,959)	(29,776)	(30,921)
Net cash (used in) provided by financing activities									(18,489)	(34,676)	(67,099)
Net increase (decrease) in cash and due from banks									162	9,655	(5,637)
Cash and due from banks at beginning of year				$ 17,105				$ 7,450	17,105	7,450	13,087
Cash and due from banks at end of period	$ 17,266				$ 17,105				$ 17,266	$ 17,105	$ 7,450

Quarterly Financial Data (Una_3

Quarterly Financial Data (Unaudited) - Summary of Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Interest and dividend income	$ 54,359	$ 54,846	$ 55,736	$ 58,925	$ 60,699	$ 62,177	$ 61,482	$ 62,414	$ 223,866	$ 246,772	$ 234,397
Interest expense	7,482	9,241	11,294	14,950	16,763	18,119	18,492	17,526	42,968	70,900	53,384
Net interest income before credit loss expense	46,877	45,605	44,442	43,975	43,936	44,058	42,990	44,888	180,898	175,872	181,013
Credit loss expense	5,083	38	24,594	15,739	10,752	1,602	16,699	1,117	45,454	30,170	3,990
Noninterest income	8,809	7,140	20,931	6,223	6,709	6,860	7,729	6,254	43,104	27,552	24,520
Noninterest expense	30,923	29,924	27,138	31,068	34,089	32,607	30,144	29,065	119,053	125,906	117,573
Income before tax	19,680	22,783	13,641	3,391	5,804	16,709	3,876	20,960
Income tax expense	5,354	6,439	4,466	1,041	2,720	4,333	1,220	6,288	17,299	14,560	26,102
Net income	$ 14,326	$ 16,344	$ 9,175	$ 2,350	$ 3,084	$ 12,377	$ 2,656	$ 14,672	$ 42,196	$ 32,788	$ 57,868
Basic earnings per share	$ 0.47	$ 0.53	$ 0.30	$ 0.08	$ 0.10	$ 0.40	$ 0.09	$ 0.48	$ 1.38	$ 1.06	$ 1.80
Diluted earnings per share	$ 0.47	$ 0.53	$ 0.30	$ 0.08	$ 0.10	$ 0.40	$ 0.09	$ 0.48	$ 1.38	$ 1.06	$ 1.79