The Representative Bank of the Korean-American Community
Bank of Hope was formed through a merger of equals of BBCN Bank and Wilshire Bank on July 29, 2016, but the roots of the
company go back more than 36 years and include many of the first banks established in the United States by Korean immigrants.
Today, Bank of Hope has a national platform that includes solid presence in all of the top geographic markets with the largest
Asian-American populations in the country and is the representative bank and pride of the Korean-American community.
2nd Merger of Equals
Jul 2016
Foster Bank
Aug 2013
Pacific
International Bank
Feb 2013
1st Merger of Equals
Nov 2011
Innovative Bank
Apr 2010
Asiana Bank
Apr 2003
Saehan Bank
Jul 2013
BankAsiana
Jun 2013
Mirae Bank
Jun 2009
Liberty Bank of
New York
Aug 2005
Established 1986
Established 1989
Established 1980
2016 ANNUAL REPORT / 1
Events Leading Up to the Formation of
Bank of Hope
During the five years prior to the merger of equals, the two predecessor banks respectively made
meaningful progress enhancing their geographic footprints in new markets, expanding their
product and service offerings, and gaining recognition for their leading operational performances.
Completed 1st
Merger of Equals
Transformed the
Korean-American
banking landscape
Expanded
Seattle & Chicago Ops
Glenview Branch
Opening
PI Bank & Foster Bank
Acquisitions
New Product
Launch
Equipment Lease
Financing
Established
Seoul Rep
Office
Expanded
NJ Ops
Palisades
Park Branch
Opening
New Product
Launches
Credit Card
Wealth
Mortgage
Completed 2nd
Merger of Equals
Created the Only
Super Regional
Korean-American Bank
2011
2012
2013
2014
2015
Jul 29 2016
Began New Growth
Trajectory
SBA LPO Openings
Expanded
NY Metro & SoCal Ops
Palisades Park
Branch Openings
Bank Asiana & Saehan Bank
Acquisitions
Expanded Texas Ops
Houston-
Harwin Branch
Opening
Expanded
Mortgage Ops
Mortgage Department
Acquisition
Entered New Markets
LaGrange &
Montgomery
Branch Openings
Merger of Equals
July 29, 2016
2016 ANNUAL REPORT / 2
2016 ANNUAL REPORT / 3
n Steven S. Koh Chairman of the Board n Kevin S. Kim President & Chief Executive Officer
Message to Stockholders
Transformation
Embarking on a New Course of History
1st
Only Super
Regional Bank
The First and Only
Super Regional Korean-American
Bank in the United States
5 Consecutive Years
Best Banks in America
The Only Korean-American Bank Ever
Dear Valued Stockholders, Customers
and Employees:
We made history in 2016 with the creation of the first
and only super regional Korean-American bank in the
United States. With the combination of the top two
commercial lenders in our niche market, we transformed
Bank of Hope into the 6th largest bank headquartered in
Los Angeles, the 11th largest bank in California, and the
82nd largest financial institution in the nation.
Our commitment to strong financial performance is
underscored by the fact that Bank of Hope has been
recognized on Forbes’ List of “Best Banks in America”
for five consecutive years and has been among the
to be Recognized on Forbes’ List of
top 10 SBA lenders in the nation, on a pro forma basis,
“Best Banks in America”
for the past 10-plus years.
10th
Top SBA Lender
Among the Top 10
SBA Lenders in the Nation for the
Past 10-plus Years
(Pro Forma for Years prior to 2016)
As a result of the merger of equals, our balance sheet
was significantly larger at year-end 2016, compared with
the prior year, with total assets increasing 70% to $13.44
billion, loans receivable increasing 69% to $10.54 billion
and total deposits increasing 68% to $10.64 billion.
With the merger, we also crossed the $10 billion threshold
for financial institutions, which has considerable implica-
tions for a growing bank in terms of increased regulations,
risk management, staffing and the threat of cybercrime.
2016 ANNUAL REPORT / 4
2016 ANNUAL REPORT / 5
Message to Stockholders
Given the greater responsibilities as a $10 billion-plus financial
We
further strengthened our executive management
of Directors of the Bank for the last three years, we expect a
institution, we are proud to have one of the strongest leadership
team with the appointment of David P. Malone as Senior
seamless transition of oversight responsibilities and look
We are proud to have one of the
strongest leadership teams among
Asian-American banks.
teams among Asian-American banks. Our executive management
Executive Vice President and Chief Operating Officer, taking on
forward to his contributions.
team, which remains virtually intact following the transaction,
responsibility for oversight of support and administrative
represents a complementary combination of the two predecessor
functions of Bank of Hope. One of the most accomplished
With the physical integration of the merger successfully
banks and is symbolic of a true merger of equals.
bankers in Southern California and having served on the Board
completed, the Board of Directors and executive management
Leadership
Kevin S. Kim
President & Chief Executive Officer
Business
Leadership
Operations
Oversight
Risk
Management
Kyu S. Kim
Senior Executive Vice
President & Regional
President, Eastern
Region
David W. Kim
Executive Vice President &
Chief Retail Banking
Officer
David Song
Executive Vice President &
Chief Lending Officer,
Western Region
Janette Mah
Executive Vice President &
Chief Mortgage Banking
Officer
Jason K. Kim
Executive Vice President &
Chief Commercial Lending
Officer
Douglas J. Goddard
Executive Vice President &
Chief Financial Officer,
Hope Bancorp, Inc.
David P. Malone
Senior Executive Vice
President & Chief Operating
Officer
Johann (Min) You
Executive Vice President &
Chief Risk Officer
Lisa K. Pai
Executive Vice President,
Chief Administrative
Officer & General Counsel
Peter Koh
Executive Vice President &
Chief Credit Officer
Daniel H. Kim
Executive Vice President &
Chief Strategy Officer
Alex Ko
Executive Vice President &
Chief Financial Officer,
Bank of Hope
Brian E. Van Dyk
Executive Vice President &
Chief Information Officer
2016 ANNUAL REPORT / 6
2016 ANNUAL REPORT / 7
Diversification
Expanded Offering of Products and Service
Message to Stockholders
Diverse range of variable and fixed rate
commercial real estate financing options.
Competitive equipment lease financing
options that preserve working capital and
enhance business cash flow.
Leveraging the value of your
existing assets to provide greater
financial flexibility.
Recognized PLP lender (Preferred Lenders
Program) offering a wide range of SBA
products and services.
CRE Lending
SBA Lending
Commercial
Lending
Equipment
Lease
Financing
Residential
Mortgage
Fixed and adjustable
rate programs for
your perfect home.
Serving independent
mortgage bankers
nationwide.
Asset-Based
Lending
Int’l Trade
Finance
Treasury
Management
Solutions
Credit Card
Foreign
Currency
Trade finance solutions to help
your company compete in the
global marketplace.
Commercial loans and
Facilitate the movement
lines of credit to help
your business grow.
of funds through
comprehensive treasury
management solutions.
Consumer and Business
rewards, cashback and
low rate credit cards to
meet your financial
needs.
Competitive rates
on more than 70
currencies for exchange.
Residential
Warehouse
Lending
Wealth
Management
Comprehensive investment and
wealth management services to
fit your specific financial goals.
team are now focused on driving profitable growth of our
organization beyond the initial core strengths in international
And as a result of our merger, Bank of Hope has
By targeting our existing customer base, we believe the
franchise.
trade finance, SBA and commercial real estate lending into a
become the only Korean-American bank with a true
Company will safely and soundly grow into our new
diversified financial institution with a strong residential mort-
national footprint and meaningful presence
in all of
capabilities, resulting
in deeper and stronger relation-
Today, Bank of Hope enjoys a significantly stronger competi-
gage platform, the only Korean-American bank-issued credit
the top geographic markets with the
largest Asian-
ships with our customers, as well as accelerated and more
tive position, with unrivaled leadership among our niche peers
card program and other specialty services, including treasury
American populations. We also expect to become the first
diversified growth in our commercial and consumer portfolios
and unparalleled opportunity to cross-sell a comprehensive
management solutions, equipment lease financing, foreign
Korean-American bank to expand internationally with the
in the years to come.
offering of products and services. We have transformed our
currency, asset-based
lending and wealth management.
opening of our Seoul Branch in late 2017.
2016 ANNUAL REPORT / 8
2016 ANNUAL REPORT / 9
Message to Stockholders
Investment and Growth
“Bank of Hope takes great pride in fostering growth in the
customers and communities that we derive our value from.”
APIASF President & Executive Director Neil Horikoshi, Bank of Hope President & CEO Kevin Kim (center),
and other Bank of Hope teammates congratulate Southern California scholarship recipients.
Bank of Hope teammates and family members at United Way of Greater
Los Angeles’ 2016 HomeWalk.
Bank of Hope Chairman Steven S. Koh (left), 2017 Bank of Hope Founders Cup Champion Anna Nordqvist
(center), and Bank of Hope President & CEO Kevin Kim (next), together with members of the LPGA-USGA
Girls Golf program following the $1 million donation of the Founders Cup tournament proceeds.
Notwithstanding the significant amount of energy devoted
Working in collaboration with the Asian & Pacific Island
Bank of Hope Founders Cup
Bank of Hope takes great pride in fostering growth in the
to the successful integration of our transformed organization,
American Scholarship Fund (APIASF), scholarships were
customers and communities that we derive our value from.
Bank of Hope originated a record $1.85 billion in new loans
awarded
to 50 students who demonstrated strong
The Founders Cup honors the 13 visionary women who
to support the growth of its customers, representing a 10%
academic performance, leadership capabilities and a need
established the LPGA
in 1950. The premier women’s
For the full 2016 year, net income increased 23% to $113.7
increase over 2015 production volumes.
for financial assistance as they were preparing to enroll in
professional sports organization in the world today, the
million, or $1.10 per diluted common share, based on
their first year of college.
LPGA has maintained a strong focus on giving back to its
103,530,318 weighted average diluted shares outstanding,
We also continued to support our communities through
other forms of investments and contributions, by partner-
United Way HomeWalk
ing with various public, private and non-profit sectors in
communities.
from $92.3 million, or $1.16 per diluted common share, based
on 79,611,800 weighted average diluted shares outstanding,
Likewise, Bank of Hope was founded by visionaries, and
in 2015. Excluding pre-tax merger-related expenses of $16.9
community activities and events.
For the second consecutive year, Bank of Hope partnered
today we are the representative bank of the Korean-American
million in 2016 and $1.5 million in 2015, core net income would
Hope Scholarship Foundation
the annual HomeWalk, a 5K Walk and Fun Run that mobilizes
Founders Cup tournament proceeds being donated to the
for 2016 and $93.2 million, or $1.17 per diluted common share,
with United Way of Greater Los Angeles by participating in
community with strong ties to our communities. With the
have been $123.8 million, or $1.20 per diluted common share,
Bank of Hope continued
its commitment to support
funds to end homelessness in Los Angeles County, where the
be the title sponsor to a tournament that pays tribute to
the youth in our communities. In 2016, Bank of Hope
roots of Bank of Hope were sown.
visionaries and gives back to its communities.
thousands of Angelenos in an effort to raise awareness and
LPGA-USGA Girls Golf program, Bank of Hope is pleased to
for 2015.
contributed $140,000 to the Hope Scholarship Foundation.
2016 ANNUAL REPORT / 10
2016 ANNUAL REPORT / 11
Message to Stockholders
Bankers. Experts. Neighbors.
Committed to Enhancing Returns
As of December 31, 2016, the Company continued
dedication of our Board of Directors and executive
to maintain robust capital levels with total risk-based
management team, Bank of Hope is well positioned
capital at 13.64%, leverage ratio at 11.49%, and common
to deliver sustainable benefits and enhanced returns
equity tier 1 capital at 12.10%. Given the solid financial
for all of our stakeholders, including our customers, our
performance and improved prospects for Bank of Hope,
employees, our communities and our shareholder base.
our Board of Directors further increased the common
dividend to our stockholders for the fourth consecutive
We are committed to improving the value of our service
year to $0.12 per common share.
as Bankers, providing unmatched Expertise to our
clients, and becoming good Neighbors that foster
With the transformational merger of equals completed in
the growth of our customers and communities.
2016, we have begun a new chapter in our organization’s
history. Bank of Hope is an unrivaled institution with the
On behalf of the entire Board of Directors, we express
only nationwide platform providing full banking services
our sincerest appreciation to our employees for their
in all of the top major geographic markets with sizeable
tireless efforts and dedication, our customers for their
Asian-American communities
in the United States.
loyal patronage, our regulators for their collaborative
Coupled with the most comprehensive offering of
guidance and our stockholders for their ongoing support
products and services for our customer base and the
and trust.
Sincerely,
Financial Highlights
A Year of Transformation
.
$
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$
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2012 2013 2014 2015 2016
2012 2013 2014 2015 2016
Total Assets
Increased 70% to $13.44 billion
Total Deposits
Increased 68% to $10.64 billion
$
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7
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$
1
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5
4
b
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2012 2013 2014 2015 2016
2012 2013 2014 2015 2016
Net Income
Increased 23% to $113.7 million
Loans Receivable
Increased 69% to $10.54 billion
.
$
1
8
6
b
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l
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1
3
6
4
%
Steven S. Koh
Chairman of the Board
Kevin S. Kim
President & Chief Executive Officer
2012 2013 2014 2015 2016
2012 2013 2014 2015 2016
Stockholders’ Equity
Increased 98% to $1.86 billion
Total Risk-based Capital Ratio
Declined to 13.64%
2016 ANNUAL REPORT / 12
2016 ANNUAL REPORT / 13
Selected Financial Data
Selected Financial Data
(dollars in thousands, except share and per share data)
2016
2015
2014
2013
2012
(dollars in thousands)
2016
2015
2014
2013
2012
As of and For the Years Ended December 31,
As of and For the Years Ended December 31,
Income Statement Data
Interest income
Interest expense
Net interest income
Provision for loan losses
$ 421,934
$ 313,660
$ 302,657
$ 283,073
$ 267,885
58,579
40,618
36,060
30,018
29,647
363,355
273,042
266,597
253,055
238,238
9,000
8,000
12,638
20,000
19,104
Net interest income after provision for loan losses
354,355
265,042
253,959
233,055
219,134
Noninterest income
Noninterest expense
51,819
43,691
44,187
42,719
214,975
153,384
151,624
141,620
Income before income tax provision
191,199
155,349
146,522
134,154
Income tax provision
Net income
Dividends and discount accretion on preferred stock
77,452
63,091
57,907
52,399
$ 113,747
_
$ 92,258
_
$ 88,615
_
$ 81,755
_
39,449
120,950
137,633
54,410
$ 83,223
(5,640)
Net income available to common stockholders
$ 113,747
$ 92,258
$ 88,615
$ 81,755
$ 77,583
Per Common Share Data
Earnings _ basic
Earnings _ diluted
Book value (period end, excluding preferred
stock and warrants)
Cash dividends declared per common share
$ 1.10
1.10
13.72
0.45
$ 1.16
1.16
11.79
0.42
$ 1.11
1.11
11.10
0.35
$ 1.03
1.03
10.18
0.25
$ 0.99
0.99
9.62
0.05
Number of common shares outstanding (period end)
135,240,079
79,566,356
79,503,552
79,441,525
78,041,511
Balance Sheet Data—At Period End
Assets
$13,441,422
$7,912,648
$7,140,330
$6,475,199
$ 5,640,661
Securities available for sale
1,556,740
1,010,556
792,523
701,751
700,403
Loans receivable, net of unearned loan fees and discounts
(excludes loans held for sale)
10,543,332
6,248,341
5,565,192
5,074,175
4,296,252
Deposits
10,642,035
6,340,976
5,693,452
5,148,057
4,384,035
Federal Home Loan Bank advances
754,290
530,591
480,975
421,352
Subordinated debentures
Stockholders’ equity
Average Balance Sheet Data
Assets
Securities available for sale
420,722
41,846
99,808
42,327
42,158
57,410
1,855,473
938,095
882,773
809,374
751,104
$ 10,342,063
$ 7,389,530
$ 6,830,244
$ 6,042,674
$ 5,228,557
1,276,068
871,010
713,775
699,812
690,719
Gross loans, including loans held for sale
8,121,897
5,846,658
5,355,243
4,692,089
3,974,626
Deposits
Stockholders’ equity
8,232,984
5,879,704
5,439,920
4,739,261
3,989,401
1,342,954
912,609
848,443
788,570
775,718
Complete financial information is contained in the Company’s Form 10-K attached herewith in electronic form and incorporated by reference as part of
Hope Bancorp’s 2016 Annual Report.
Selected Performance Ratios
Return on average assets (1)
Return on average stockholders’ equity (2)
Average stockholders’ equity to average assets
Dividend payout ratio (3)
Net interest spread (4)
Net interest margin (5)
Yield on interest earning assets (6)
Cost of interest bearing liabilities (7)
Efficiency ratio (8)
Regulatory Capital Ratios
Hope Bancorp:
Common Equity Tier 1
Tier 1 leverage
Tier 1 risk-based
Total risk-based
Bank of Hope:
Common Equity Tier 1
Tier 1 leverage
Tier 1 risk-based
Total risk-based
Asset Quality Data
Nonaccrual loans
Loans 90 days or more past due and still accruing (9)
Restructured loans (accruing)
Total nonperforming loans
Other real estate owned
Total nonperforming assets
Asset Quality Ratios
Nonaccrual loans to loans receivable
Nonperforming loans to loans receivable
Nonperforming assets to total assets
Non-performing assets to loans receivable and OREO
Allowance for loan losses to loans receivable
Allowance for loan losses to nonaccrual loans
Allowance for loan losses to nonperforming loans
Allowance for loan losses to nonperforming assets
Net charge-offs (recoveries) to average gross loans
1.10%
8.47%
12.99%
40.86%
3.49%
3.75%
4.36%
0.87%
51.78%
12.10%
11.49%
12.92%
13.64%
12.75%
11.33%
12.75%
13.46%
1.25%
10.11%
12.35%
36.21%
3.62%
3.88%
4.46%
0.84%
48.43%
12.08%
11.53%
12.67%
13.80%
12.56%
11.43%
12.56%
13.69%
1.30%
10.44%
12.42%
31.53%
3.88%
4.13%
4.68%
0.80%
48.79%
12.96%
11.62%
13.64%
14.80%
13.44%
11.45%
13.44%
14.61%
$ 40,074
305
48,874
89,253
21,990
$ 111,243
$ 40,801
375
47,984
89,160
21,035
$ 110,195
$ 46,353
361
57,128
103,842
21,938
$ 125,780
0.38%
0.85%
0.83%
1.05%
0.75%
197.99%
88.90%
71.32%
0.07%
0.65%
1.43%
1.39%
1.76%
1.22%
187.27%
85.70%
69.34%
(0.01)%
0.83%
1.87%
1.76%
2.25%
1.22%
146.18%
65.25%
53.87%
0.23%
1.35%
10.37%
13.05%
24.27%
4.23%
4.46%
4.99%
0.76%
47.88%
12.65%
11.97%
13.66%
14.90%
13.46%
11.79%
13.46%
14.70%
$ 39,154
5
33,903
73,062
24,288
$ 97,350
0.77%
1.44%
1.50%
1.91%
1.33%
171.94%
92.14%
69.15%
0.42%
1.59%
10.73%
14.84%
5.05%
4.59%
4.88%
5.48%
0.89%
43.56%
14.03%
12.76%
14.91%
16.16%
14.47%
12.38%
14.47%
15.73%
$ 29,653
_
29,849
59,502
2,698
$62,200
0.69%
1.38%
1.10%
1.45%
1.56%
225.75%
112.50%
107.62%
0.36%
(1) Net income divided by the average assets
(2) Net income divided by the average stockholders’ equity
(3) Dividends per share divided by earnings per share
(4) Difference between the average yield earned on interest earning assets and the average rate paid on interest bearing liabilities
(5) Net interest income expressed as a percentage of average interest earning assets
(6) Interest income divided by the average interest earning assets
(7) Interest expense divided by the average interest bearing liabilities
(8) Noninterest expense divided by the sum of net interest income plus noninterest income
(9) Excludes acquired credit impaired loans totaling $19.6 million, $12.2 million, $30.4 million, $43.8 million and $17.7 million as of December 31, 2016, 2015, 2014, 2013 and 2012, respectively.
2016 ANNUAL REPORT / 14
2016 ANNUAL REPORT / 15
Board of Directors
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Hope Bancorp’s executive management team is supported by a distinguished group of leaders and
corporate professionals from various market sectors and industry groups. The expertise of our Directors
includes accounting, auditing and financial reporting, commercial banking, investment banking, investment
management, legal, corporate management, strategic planning, business acquisitions, marketing,
international operations, retail and small to middle-market business operations.
Jin Chul Jhung
Chairman & President
Royal Imex, Inc.
Donald D. Byun
Former President
Jay Dee, Inc.
Steven S. Koh
Chairman of the Board
Chairman
Pacific Steel Corporation
Kevin S. Kim
President & Chief Executive Officer
Hope Bancorp, Inc. and Bank of Hope
Scott Yoon-Suk Whang
Lead Independent Director
Founder and Chief Executive Officer
Orange Circle Studios
Steven J. Didion
General Partner and Portfolio Manager
JCSD Partners, LP
Daisy Y. Ha
Attorney
Jinho Doo
Chief Executive Officer
Key Capital Management, LLC
David P. Malone
Senior Executive Vice President &
Chief Operating Officer
Bank of Hope
Chung Hyun Lee
Former President
NuArt International, Inc.
John R. Taylor
Former Senior Audit Partner
KPMG LLP
Dale S. Zuehls, PhD
Principal
Zuehls, Legaspi & Company
William J. Lewis
Lawrence Jeon
Former Executive Vice President & Chief
President
Craig Mautner
Former Senior Software Engineer
Credit Officer
East West Bank
Lawrence Jeon & Company
Google, Inc.
2016 ANNUAL REPORT / 16
2016 ANNUAL REPORT / 17
Location Information
SOUTHERN
CALIFORNIA
Branches
Koreatown
City Center
3435 Wilshire Blvd, Suite 150
Los Angeles, CA 90010
T (213) 427-2222
Olympic-Hoover
2222 W Olympic Blvd
Los Angeles, CA 90006
T (213) 386-2222
Olympic-Vermont
2727 W Olympic Blvd, Suite 104
Los Angeles, CA 90006
T (213) 235-3100
Olympic-Western
3267 W Olympic Blvd
Los Angeles, CA 90006
T (213) 388-2222
Western-9th
841 S Western Ave
Los Angeles, CA 90005
T (213) 387-7070
Western-Beverly
253 N Western Ave
Los Angeles, CA 90004
T (213) 381-2222
Wilshire
3200 Wilshire Blvd
Los Angeles, CA 90010
T (213) 427-1000
Wilshire-Harvard
3600 Wilshire Blvd, Suite 100-A
Los Angeles, CA 90010
T (213) 351-5980
Wilshire-Manhattan
3832 Wilshire Blvd
Los Angeles, CA 90010
T (213) 427-7711
Downtown LA
Fullerton/Cerritos
Broadway
1205 S Broadway
Los Angeles, CA 90015
T (213) 746-2222
Fashion Town
1300 S San Pedro St #200
Los Angeles, CA 90015
T (213) 746-3200
Maple
401 E 11th St #211
Los Angeles, CA 90015
T (213) 763-1800
San Pedro Mart
1100 S San Pedro St, Unit L21
Los Angeles, CA 90015
T (213) 745-5550
Wall
1122 S Wall St
Los Angeles, CA 90015
T (213) 763-1122
Huntington Park
Huntington Park
6350 Pacific Blvd
Huntington Park, CA 90255
T (323) 584-5950
South Bay
Gardena
1655 W Redondo Beach Blvd
Gardena, CA 90247
T (310) 327-2222
Torrance
2424 Sepulveda Blvd, Suite A
Torrance, CA 90501
T (310) 328-5555
Torrance Market
4340 Pacific Coast Hwy
Torrance, CA 90505
T (310) 257-0100
Cerritos
17500 Carmenita Rd
Cerritos, CA 90703
T (562) 926-2520
Fullerton
5300 Beach Blvd, Unit 101
Buena Park, CA 90621
T (714) 690-1400
Fullerton-Beach
5307 Beach Blvd
Buena Park, CA 90621
T (714) 994-5000
La Palma
4875 La Palma Ave
La Palma, CA 90623
T (562) 468-0900
Garden Grove/Irvine
Garden Grove
9580 Garden Grove Blvd Suite 100
Garden Grove, CA 92844
T (714) 891-2222
Irvine-Culver
14429 Culver Dr
Irvine, CA 92604
T (949) 777-3777
Irvine-Jeffrey1
14725 Jeffrey Rd
Irvine, CA 92618
T (949) 559-7900
Rowland Heights/
Diamond Bar/Inland Empire
Diamond Bar
2809 S Diamond Bar Blvd
Diamond Bar, CA 91765
T (909) 718-2000
Inland
1040 S Mt. Vernon Ave, Suite A
Colton, CA 92324
T (909) 370-2222
Rancho Cucamonga
8045 Archibald Ave, Suite 100
Los Angeles, CA 90006
T (909) 919-7755
Rowland Heights-Colima
19765 E Colima Rd
Rowland Heights, CA 91748
Rowland Heights-Nogales
1709 S Nogales St, Suite 100
Rowland Heights, CA 91748
T (626) 581-4020
Valley
La Crescenta
3231 Foothill Blvd, Suite 205
La Crescenta, CA 91214
T (818) 551-0700
North Northridge
10147 Reseda Blvd
Northridge, CA 91324
T (818) 534-3333
South Northridge
8401 Reseda Blvd
Northridge, CA 91324
T (818) 773-6133
San Diego
San Diego
4428 Convoy St, Suite #A-200
San Diego, CA 92111
T (858) 874-3333
Commercial Loan Centers
Buena Park Office
5254 Beach Blvd
Buena Park, CA 90621
T (714) 523-5550
Broadway Office
1205 S Broadway
Los Angeles, CA 90015
T (213) 763-7899
Gardena Office
1655 W Redondo Beach Blvd
Gardena, CA 90247
T (310) 327-2222
Olympic-Hoover Office
2222 W Olympic Blvd, 2nd Floor
Los Angeles, CA 90006
T (213) 386-2222
Olympic-Vermont Office
2727 W Olympic Blvd, Suite 104
Los Angeles, CA 90006
T (213) 235-3100
T (213) 235-3113
Western-Beverly Office
253 N Western Ave
Los Angeles, CA 90004
T (213) 381-2222
Gardena Office
1655 W Redondo Beach Blvd
3rd Floor
Gardena, CA 90247
T (310) 352-3000
Laguna Niguel LPO
28202 Cabot Rd, Suite 300
Laguna Niguel, CA 92677
T (949) 365-5490
Newport Beach LPO
24 Corporate Plaza, Suite 180
Newport Beach, CA 92660
T (949) 999-7900
Premier Banking Group
Credit Card Department
Olympic-Western Office
3267 W Olympic Blvd, 2nd Floor
Los Angeles, CA 90006
T (213) 235-3113
Corporate Headquarters
3200 Wilshire Blvd, 11th Floor
Los Angeles, CA 90010
T (213) 355-2850
Corporate Banking Centers
LA Regional Office
3731 Wilshire Blvd, Suite 320
Los Angeles, CA 90010
T (213) 365-3322
Olympic-Hoover Office
2222 W Olympic Blvd, 2nd Floor
Los Angeles, CA 90006
T (213) 637-9503
T (213) 637-9550
Wilshire-Harvard Office
3600 Wilshire Blvd, Suite 100-A
Los Angeles, CA 90010
T (213) 234-1276
SBA Department
Corporate Headquarters
3200 Wilshire Blvd, 7th Floor
Los Angeles, CA 90010
T (877) 627-2722
Mortgage Banking Division
Corporate Headquarters
3200 Wilshire Blvd, 4th Floor
Los Angeles, CA 90010
T (866) 972-2265
Commercial Equipment Lease
Financing Department
Corporate Headquarters
3200 Wilshire Blvd, 4th Floor
Los Angeles, CA 90010
T (213) 805-8230
Syndicated Lending Group
Corporate Headquarters
3200 Wilshire Blvd, 5th Floor
Los Angeles, CA 90010
T (213) 427-6321
Investment Services
Olympic-Western Office
3267 W Olympic Blvd
Los Angeles, CA 90006
T (213) 201-3600
NORTHERN
CALIFORNIA
Branches
Oakland
1940 Webster St
Oakland, CA 94612
T (510) 302-0505
Silicon Valley
1102 E El Camino Real
Sunnyvale, CA 94087
T (408) 557-2000
Houston
10000 Harwin Dr
Houston, TX 77036
T (713) 774-0411
Commercial Loan Centers
Commercial Loan Centers
NCA Commercial Lending
47102 Mission Falls Ct, Suite 100
Fremont, CA 94539
T (510) 550-8000
South Central Region Loan
Center
2237 Royal Ln
Dallas, TX 75229
T (972) 919-9999
SBA Dallas Office
2237 Royal Ln
Dallas, TX 75229
T (972) 919-9999
ILLINOIS
Branches
Arlington Heights
83 West Golf Rd
Arlington Heights, IL 60005
T (847) 398-7700
Devon
4001 W Devon Ave
Chicago, IL 60646
T (773) 736-1300
Glenview
1645 N Milwaukee Ave
Glenview, IL 60025
T (847) 818-4852
Naperville
1504 Naper Blvd, Suite 136
Naperville, IL 60563
T (630) 505-7200
Niles
8504-A W Golf Rd
Niles, IL 60714
T (847) 965-7373
WASHINGTON
Branches
Federal Way
31827-B Pacific Hwy S
Federal Way, WA 98003
T (253) 941-9200
Lynnwood
17410 Hwy 99, Suite 120
Lynnwood, WA 98037
T (425) 743-7777
Lynnwood Market
3301 184th St SW, Suite 125
Lynnwood, WA 98037
T (425) 776-5111
Tacoma
8608 S Tacoma Way
Lakewood, WA 98499
T (253) 984-7900
TEXAS
Branches
Dallas
2237 Royal Ln
Dallas, TX 75229
T (972) 919-9999
Fort Worth
7553 Boulevard 26
North Richland Hills, TX 76180
T (817) 514-4600
Niles Market
801 Civic Center Dr, Suite 155
Niles, IL 60714
T (847) 965-2402
Commercial Loan Centers
MW Region Loan Center
8504-A W Golf Rd
Niles, IL 60714
T (847) 965-7373
NEW YORK
Branches
Bayside
209-07 Northern Blvd
Bayside, NY 11361
T (718) 428-1606
Flushing-150th
150-24 Northern Blvd, Suite G4
Flushing, NY 11354
T (347) 625-2800
Flushing-Crocheron
162-05 Crocheron Ave
Flushing, NY 11358
T (718) 888-0020
Flushing-Union
138-02 Northern Blvd
Flushing, NY 11354
T (718) 886-6611
Great Neck
485 Great Neck Rd
Great Neck, NY 11021
T (516) 466-4160
Manhattan
16 W 32nd St
New York, NY 10001
T (212) 279-2790
Woodside
50-15 Roosevelt Ave
Woodside, NY 11377
T (718) 335-2000
Commercial Loan Centers
Manhattan Office
16 W 32nd St
New York, NY 10001
T (212) 279-2790
Fifth Avenue Office
307 Fifth Ave, 5th Floor
New York, NY 10001
T (212) 465-7621
Premier Commercial
Banking Division
Manhattan Office
16 W 32nd St
New York, NY 10001
T (212) 279-2790
Eastern Region SBA
Department
Flushing-Union Office
138-02 Northern Blvd
Flushing, NY 11354
T (718) 886-6611
NEW JERSEY
Branches
Edison
1757 Lincoln Hwy
Edison, NJ 08817
T (732) 839-0640
Fort Lee
172 Main St
Fort Lee, NJ 07024
T (201) 585-7707
Palisades Park
303 Broad Ave
Palisades Park, NJ 07650
T (201) 582-1100
VIRGINIA
Branches
Annandale
7410 Little River Tpke
Annandale, VA 22003
T (203) 354-4310
Centreville
13890 Braddock Rd, Suite 102
Centreville, VA 20121
T (571) 321-6272
GEORGIA
Branches
LaGrange
1508 Lafayette Pkwy
LaGrange, GA 30241
T (706) 882-5885
ALABAMA
Branches
Montgomery
1605 Eastern Blvd
Montgomery, AL 36117
T (334) 277-4118
SBA LOAN PRODUCTION
OFFICES
Annandale LPO
7535 Little River Tpke
Suite 120-A
Annandale, VA 22003
T (877) 627-2722
Atlanta LPO
3575 Koger Blvd, #380
Duluth, GA 30096
T (678) 380-0774
Dallas LPO
3010 Lyndon B Johnson Fwy
Suite 205
Dallas, TX 75234
T (469) 522-4955
Denver LPO
2851 S Parker Rd, Suite 1120
Aurora, CO 80014
T (720) 535-5060
Portland LPO
111 SW 5th Ave, Suite 3160
Portland, OR 97204
T (503) 360-9193
Seattle LPO
400 112th Ave NE, Suite 150
Bellevue, WA 98004
T (425) 921-1098
KOREA
Seoul Representative Office
20F Glass Tower
534 Teheran-ro
Gangnam-gu, Seoul 06181
Korea
T +82 (2) 3439-91201
1 Friday, July 28, 2017 will be the last day this branch
will be open for business at the current location.
2016 ANNUAL REPORT / 18
2016 ANNUAL REPORT / 19
2016 ANNUAL REPORT / 20
T (213) 639-1700
National Geographic Presence
Corporate Information
Nationwide footprint with meaningful presence, providing full banking
services to the largest Asian-American communities in the U.S.
SEATTLE
4 branches + 1 SBA LPO
PORTLAND
SBA LPO
NEW YORK /
NEW JERSEY
10 branches
DENVER
SBA LPO
ILLINOIS
7 branches
SOUTHERN
CALIFORNIA
34 branches +
2 Residential Mortgage LPOs
NORTHERN CALIFORNIA
2 branches +
1 Commercial Lending LPO
TEXAS
2 Dallas branches
+ 1 SBA LPO
1 Houston branch
ALABAMA
1 branch
GEORGIA
1 branch +
1 SBA LPO
DC METRO
2 branches +
1 SBA LPO
SEOUL REPRESENTATIVE OFFICE
Hope Bancorp, Inc. and Bank of Hope
Board of Directors
Executive Officers
Independent Auditors
Steven S. Koh
Chairman of the Board
Chairman
Pacific Steel Corporation
Kevin S. Kim
President & Chief Executive Officer
Hope Bancorp, Inc. and Bank of Hope
Scott Yoon-Suk Whang
Lead Independent Director
Founder and Chief Executive Officer
Orange Circle Studios
Donald D. Byun
Former President
Jay Dee, Inc.
Steven J. Didion
General Partner and Portfolio Manager
JCSD Partners, LP
Jinho Doo
Chief Executive Officer
Key Capital Management, LLC
Daisy Y. Ha
Attorney
Lawrence Jeon*
President
Lawrence Jeon & Company
Jin Chul Jhung
Chairman & President
Royal Imex, Inc.
Chung Hyun Lee
Former President
NuArt International, Inc.
David P. Malone
Senior Executive Vice President & Chief
Operating Officer
Bank of Hope
Craig Mautner*
Former Senior Software Engineer
Google, Inc.
William J. Lewis
Former Executive Vice President &
Chief Credit Officer
East West Bank
John R. Taylor
Former Senior Audit Partner
KPMG LLP
Dale S. Zuehls, PhD
Principal
Zuehls, Legaspi & Company
* Retiring from the Board effective the
2017 Annual Meeting of Stockholders
Kevin S. Kim
President & Chief Executive Officer
Hope Bancorp, Inc. and Bank of Hope
David P. Malone
Senior Executive Vice President & Chief
Operating Officer
Bank of Hope
Kyu S. Kim
Senior Executive Vice President &
Regional President, Eastern Region
Bank of Hope
Douglas J. Goddard
Executive Vice President &
Chief Financial Officer
Hope Bancorp, Inc.
Alex Ko
Executive Vice President &
Chief Financial Officer
Bank of Hope
Daniel H. Kim
Executive Vice President &
Chief Strategy Officer
Bank of Hope
David W. Kim
Executive Vice President &
Chief Retail Banking Officer
Bank of Hope
Jason K. Kim
Executive Vice President &
Chief Commercial Banking Officer
Bank of Hope
Peter Koh
Executive Vice President &
Chief Credit Officer
Bank of Hope
Janette Mah
Executive Vice President &
Chief Mortgage Banking Officer
Bank of Hope
Lisa K. Pai
Executive Vice President,
Chief Administrative Officer &
General Counsel
Hope Bancorp, Inc. and Bank of Hope
David Song
Executive Vice President &
Chief Lending Officer, Western Region
Bank of Hope
Brian E. Van Dyk
Executive Vice President &
Chief Information Officer
Bank of Hope
Johann (Min) You
Executive Vice President &
Chief Risk Officer
Hope Bancorp, Inc. and Bank of Hope
Crowe Horwath LLP
Los Angeles, California
SEC Counsel
Mannatt, Phelps & Phillips, LLP
Los Angeles, California
Transfer Agent and Registrar
If you have questions about stock
certificates, or if you need to transfer
shares or change the name in which
they are registered, please contact:
Computershare Trust Company, N.A.
250 Royall St
Canton, MA 02021
T (877) 272-7494
www.computershare.com/investor
Securities Listing
Hope Bancorp, Inc.’s common stock
is traded on the NASDAQ Global Select
Market under the symbol HOPE.
Investor Relations
Angie Yang
Senior Vice President, Director of Investor
Relations & Corporate Communications
T (213) 251-2219
angie.yang@bankofhope.com
Offer of 10-K Report
Shareholders may obtain without charge
copies of Hope Bancorp’s 2016 Annual
Report to the Securities and Exchange
Commission on Form 10-K by sending
a request to investor@bankofhope.com.
Annual Meeting of Shareholders
The Annual Meeting of Shareholders will be
held at 10:30 a.m. on Thursday, July 6, 2017,
at the Oxford Palace Hotel, 745 South Oxford
Avenue, Los Angeles, California 90005.
Corporate Headquarters
3200 Wilshire Blvd, Suite 1400
Los Angeles, CA 90010
T (213) 639-1700
2016 ANNUAL REPORT / 21
2016 ANNUAL REPORT / 22
T (213) 639-1700