Bank of Hope

3200 Wilshire Boulevard Suite 1400
Los Angeles, CA 90010

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26610
Date Established 1986
Assets $14.50 billion
Loans $11.25 billion
Deposits $11.52 billion
Capital $2.02 billion

Bank of Hope is an FDIC insured institution located in Los Angeles, CA. It was founded in 1986 and has approximately $14.5 billion in assets. Customers can open an account at one of its 93 branches.

For a more detailed analysis of Bank of Hope's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank of Hope’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in California, Bank of Hope has a significantly higher percent of Credit Card Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 6.75
Multifamily
Mortgages
3.29
Credit Card Loans 0.08
Consumer Auto Loans 0.02
Small Business Loans 8.62
Construction and Development Loans 2.72
Commercial Real Estate 69.37
Commercial and Industrial Loans 16.31
Farm Loans 0.00

Deposit Rates - August 20, 2018

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.70% $1,000 $49,999 Learn MoreShow Less
3 Mo CD 100K
0.80% $90,000 $199,999 Learn MoreShow Less
6 Mo CD 10K
0.80% $1,000 $49,999 Learn MoreShow Less
6 Mo CD 100K
0.90% $90,000 $199,999 Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.15% $1,000 $49,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $1 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $4,999 Learn MoreShow Less

Loan Rates - August 20, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Hope

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Bank
NMLS ID: 181005
4.551% 4.500% 0.25 $1,594 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.740% $291.47 Learn More

Note to Bank of Hope
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Branches

Bank of Hope branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank of Hope Locations

Financial Details

Bank of Hope Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Hope. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Hope U.S. Bank Average
5.76% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2018, Bank of Hope had $113,337,000 in non-current loans and $8,261,000 in owned real estate. To cover these potential losses it had $2,023,092,000 in equity and $86,461,000 in loans loss reserves. That gives it a Texas Ratio of 5.76%.

Return on Equity
Bank of Hope U.S. Bank Average
10.4% 9.35%

Bank of Hope has a Return on Equity of 10.4% versus the BestCashCow average of 9.35%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of Hope U.S. Bank Average
13.95% 12.01%

Bank of Hope has a Capitalization of 13.95% versus the BestCashCow average of 12.01. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Hope Balance Sheet Analysis

As of March 31, 2018, Bank of Hope had assets of $14,500,918,000, loans of $11,251,104,000, and deposits of $11,522,249,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.64 billion
Interest-bearing balances $0.48 billion
Total securities $1.72 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $11.25 billion
Loan loss allowance $0.09 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.51 billion
All other assets $0.32 billion
     Total Assets $12.48 billion
LIABILITIES
Total deposits $11.52 billion
      Interest-bearing deposits $8.46 billion
      Deposits held in domestic offices $11.52 billion
      % insured (estimated) 44.46%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.86 billion
Subordinated debt $0.00 billion
All other liabilities $0.09 billion
      Total Liabilities $12.48 billion
      Shareholders’ Equity $2.02 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.15 billion
Total Interest Expense $0.03 billion
Net interest income $0.12 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.02 billion
Total non interest expense $0.07 billion
Pre-tax Net Operating Income $0.07 billion

Frequently Asked Questions About Bank Of Hope

Branches and Savings

Is Bank Of Hope FDIC insured?

Yes. It is covered under FDIC Certificate #26610.

Why does Bank Of Hope pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Of Hope CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Of Hope a commercial bank?

Yes

Where are Bank Of Hope locations?

See branch locations nearby.

Is Bank Of Hope open on Saturdays?

Is Bank Of Hope open on Sundays?

What time does Bank Of Hope open?

What time does Bank Of Hope close?

Are Bank Of Hope ATMs Open 24/7?

Do Bank Of Hope ATMs accept cash deposits?

Can Bank Of Hope customers use other ATMs?

Do Bank Of Hope branches have notaries?

Will Bank Of Hope notarize my document?

What address for Bank Of Hope should I put for incoming ACH transfers?

Will the Bank Of Hope branch print checks?

Do Bank Of Hope checks expire?

Does Bank Of Hope require US citizenship to open account?

Can Bank Of Hope close my account?

Does Bank Of Hope Report to credit bureaus?

Does Bank Of Hope Use Equifax?

What is Bank Of Hope's ACH Routing Number?

What is Bank Of Hope's SWIFT code?

Products

Does Bank Of Hope offer mortgages?

Compare mortgage rates here.

Does Bank Of Hope offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Hope offer personal loans?

Compare personal loan rates here.

Does Bank Of Hope offer student loans?

Will Bank Of Hope cash a check?

Will Bank Of Hope redeem a savings bond?

Does Bank Of Hope cash savings bonds?

Will Bank Of Hope cash money orders?

Can Bank Of Hope issue a money order?

Does Bank Of Hope do currency exchange?

Background on The Bank

Who owns Bank Of Hope?

How long has Bank Of Hope been around?

Can Bank Of Hope transfer to other banks?

Does Bank Of Hope have quick pay?

Does Bank Of Hope accept rolled coins?

Will Bank Of Hope accept loose change?

Where is Bank Of Hope headquarters?

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