Hope Bancorp, Inc. · NASDAQ:HOPE
Hope Bancorp — BBCN Bancorp — Keefe, Bruyette & Woods Boston Bank Conference (March 2014)
16 slides from Hope Bancorp's conference presentation, Mar 3, 2014
Slide 1: Keefe, Bruyette & Woods Boston Bank Conference
3/3/2014 KEEFE, BRUYETTE é BOSTON BANK Co! ‘PRESENTATION BY: Safe Harbor The Company may make projctons or otha ouantookng statements under Section 27A of Bo Secures Actof 1889, 28 ‘amended (the “Secures Act), and Seton 21€ of the Securbes Exchange Act of 1934, 2s amended (the"Exchange Act) ‘egacng
Slide 2: Corporate Profile
3/3/2014 Corporate Profile 1B Largest Koreen-Americen Barkin the netion Created through the merger of Nara Bank and Center Bank ‘+ Highest lending capacity among niche peers 8 largest SBA lender in the U.S.A, by volume Most camorehensive offering of cash management services ‘= Robust capital and liq
Slide 3: Better Banking from California to New York
Better Banking from California to New York I New York/ New Jersey (tranche) (IBBCNBancorp" 5 Premier Korean-American Bank in the Nation 2 wi faense foateaen ame ATEN . ee a ‘ 2 Susions — seneee Se TEAL CA MANIA 5 pssst monies seen a [Maman 7 fuse aaa dasa ca 2 Onmntnt 2 suena east sna a 0 rainwear a
Slide 4: 2013 Achievements
2013 Achievements © Completed two complementary acquisitions positioning BBCN as the dominant Korean-American bank in the geographic market * Seattle-based Pacific International Bancorp * 4 branches in Seattle, + Acquired net loans of $131 6 milion and assumed deposits of $143.7 milion + 2014 accret
Slide 5: Profitability Measurements (2013)
Profitability Measurements (2013) | 10.37% 1.35% — = 36% 64.52% i) 48.78% Pea Median Efficiency Ratio IBBCNBancorp ce re , Positive Net Income! Trends | 776 5818 $22.5 3/3/2014
Slide 6: Pre-Tax Pre-Provision Income
Pre-Tax Pre-Provision Income to Average Assets 1k Gee tee Le eget eee ay qsat ai ase a2 ata azas. 333 ata —e- BBCN —m— Peer Median BBCNBancorp” ieocrinincacnesaboperttone ey a (smatons) sane $387.6 $312.7 $3229 $2415 $2203 980 i I] | az ae en a2 as as a ass (BBBCNBancorp* 2 3/3/2014
Slide 7: Loan Portfolio Composition
Loan Portfolio Composition | | By Loan Type | By Region | $5.07 Billion of 12/31/2018, 1B Minimal exposure to residential, housing-related and construction © Proactive asset quality management focused on early recognition and resolution © National footprint spreads credit risk and provides greater g
Slide 8: CRE Portfolio
CRE Portfolio By Property Type By Region cat 1 ‘church * (IBBCNBancorp" $3.90 Billion weoniysyzos It * CRE Overview: Retail Trend | Avg. Price/SF Sales Volume ‘$4,000 $3,000 | 5 $2,000 |— $1,000 || $0 $190 . 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 Cap Rate Vacancy Rate 75% nom | 7 65% — 6.
Slide 9: CRE Overview: Hospitality Trends
CRE Overview: Hospitality Trends} # of Transactions! Avg. Price Per Room? 100 lll 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 Avg. Daily Rate? Occupancy Rate” su00 ee $160 20% g140 78% 70% su0 65% $100 ee 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 (BBBCNBancorp 1 fytetgunce mcs coin v7
Slide 10: Stable Asset Quality
Stable Asset Quality | Non-Performing Assets ‘Eniion) mpyR yey me yEPA BAYER yas gym sI/AB Mom Aezruing Loans 90+ TORE wOREO) 1 Padficlnternational and Fost Contbution Deposit Mix & Cost | Total Deposits of $5.15 Billion Non-Interest Bearing DDA (os 0f12/31/2013) Growth Trends Savings fata cuz zi? a
Slide 11: Deposit Costs
Deposit Costs | EniCost of CDs ~+Cost of Deposits onuatced ein atiz aziz gsiz,atiz—atas.aais. ass aas |IBBCNBancorp” Ey Capital Strength | (as of 2/31/2013) 19 Excess Capital 14 Minimum Guideline for ‘Well Capitalized Institutions Total Risk-Based Ther LLeverage Tier 1. Common Tangible common Capita
Slide 12: Capital Deployment
Capital Deployment Increasing loan portfolio = 15% year-over-year growth in 2012 + 18% year-to-date growth in 2013 Redeemed $122 million TARP capital in 2Q 2012 Re-initiated quarterly cash dividend in 4Q 2012 Increased cash dividend by 50% in Q3 2013 © Acquired Pacific International Bancorp and beca
Slide 13: 2014 Outlook & Strategies
2014 Initiative: Commercial/Retail Banking | Benefits Separation of business lines © Ensures differentiated and into: appropriate service levels © Commercial - commercial Encourages cross sales and lending and business >» promotes higher relationships performance throughout (© Retail Banking — retai
Slide 14: Investment Opportunity
3/3/2014 Investment Opportunit | [ Premier Korean-American Bank in the Nation | © Strong and consistent core earnings power and capital © Diversified into 5 targeted geographic markets © Well positioned to continue solid track record of growth © Deep and experienced executive management team with pr
Slide 15: Appendix — Acquisition Accounting Adjustments
Appendix — Major Pre-Tax Acquisition Accounting Adjustments Related to Mergers Accretion ot scours on $4573 § 4074 ‘oquled performingloans ‘Aaetonof scounean 2uso 2805 kos als hes 7m ase dcqured aestinpaes ans Amoctetona rem on ewes aak ‘caued LBborougs ‘Aaetonof counean wo 6 GD eB) tcqured wbocinat
Slide 16: Appendix — Reconciliation of TCE/TA
3/3/2014 Appendix — Reconciliation of TCE/TA saein013 Tt tocar eat ' soa374 Less Prefered socket ot count = Camron ackvorart em) Goode nd exangie aes nt (110595) Tangible common equity G wean] Totaassets : eareast Less Goodall and rangle aes. et (110595) Tora see z camares —] Conon saes oustanding r
BBCN Bancorp — Keefe, Bruyette & Woods Boston Bank Conference (March 2014) on 6ix