Hanmi Financial Results Presentation Deck
Hospitality portfolio represented $686.2 million or 12% of the loan portfolio at June 30, 2023.
Airport
7%
Resort -
6%
Convention
Center -
3%
(2)
Destination /
Suburban -
32%
(2)
Metropolitan -
52%
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Hospitality Portfolio
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Average balance and median balance of the portfolio (excluding
construction) were $3.5 million and $0.9 million, respectively
Weighted average debt coverage ratio (1) of the segment was 2.28x
Weighted average loan to value (1) of the segment was 50.7%
$1.4 million, or 0.20%, of the hospitality portfolio was criticized as of
June 30, 2023
One nonaccrual hospitality loan for $49 thousand in the Texas
metropolitan (2) location
(1) Weighted average DCR and weighted average LTV when the loan was first underwritten or renewed subsequently
(2) Metropolitan is categorized as a location that is in a major city and in proximity to downtown areas; destination is categorized as a hotel whose location/amenities make it a distinct tourist location; suburban is defined as areas outside of major city
hubs and can include more rural areas
H Hanmi Financial Corporation
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