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Raymond James 2016 U.S. Bank Conference

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Raymond James 2016 U.S. Bank Conference Raymond James 2016 U.S. Bank Conference Wednesday, September 7, 2016 Chicago 1 Forward Looking Statements This presentation may contain statements regarding future events or the future financial performance of the Company, including future financial and operating results, benefits and synergies of the merger of equals between BBCN Bancorp and Wilshire Bancorp, and other statements about the future expectations, beliefs, goals, plans or prospects of the management of the combined company. Such forward‐looking statements are based on current expectations, estimates, forecasts and projections and management assumptions about the future performance of Hope Bancorp, as well as the businesses and markets in which operate. These statements constitute forward‐looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “estimates,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans, “seeks,” and variations of such words and similar expressions are intended to identify such forward‐looking statements which are not statements of historical fact. These forward‐looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to assess. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward‐looking statements. Factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward‐looking statements include, among things: difficulties and delays in integrating the organization and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated integration costs; deposit attrition, operating costs, customer loss and business disruption following the merger, including difficulties in maintaining relationships with employees, may be greater than expected; competitive pressures among depository and other financial institutions may increase significantly and have an effect on revenues; the strength of the United States economy in general, and of the local economies in which the combined company will operate, may be different than expected, which could result in, among other things, a deterioration in credit quality or a reduced demand for credit and have a negative effect on the combined company’s loan portfolio and allowance for loan losses; changes in the U.S. legal and regulatory framework; and adverse conditions in the stock market, the public debt market and other capital markets (including changes in interest rate conditions) which would negatively affect the combined company’s business and operating results. NOTE: This presentation contains selected pro forma combined financial information as if the merger of BBCN and Wilshire had occurred on June 30, 2016. This pro forma information is intended to illustrate certain financial effects of the merger, which was completed on July 29, 2016, and is subject to change during the measurement period as the Company finalizes various valuations of the assets acquired. 2 Major Milestones Completed 2nd - Last 5 Years - Merger of Equals Creating Only Super Regional Korean‐ American Bank in the United States st Expanded Completed 1 Established Signed MOE Chicago Merger of Equals Seoul Rep Agreement Operations Transformed the Office with Wilshire Foster Korean‐American Bank banking landscape Acquisition Expanded Completed Seattle Integration Operations New Systems and PI Bank Business Unit Product Acquisition Consolidation Launch New Equipment Product Lease Launches Financing Credit Card Wealth Management Residential Mortgage Dec Feb Aug Dec Apr Nov Dec Dec Jul Nov 30 Dec 31 Dec 31 Dec 31 Dec 31 Dec 31 2013 2013 2013 2013 2014 2014 2014 2015 2016 2011 2011 2012 2013 2014 2015 Completed Physical Enhanced BBCN’s Improved Stability, Invested Diversified Offerings, Cemented Integration Geographic Footprint in New Capabilities Solidified Leadership Leadership 3 New Brand Identity Logo Brand Identity Goals: Development •Blues personify the •Memorable and Strength of our Bank Engaging •Greens embody Growth, •Simple and Striking Progress and Movement •Easy to Pronounce •Yellows symbolize •Timeless Opportunities in Hope •The flag represents Pride •Gradient colors built with •We are first and Bank and Dreams Blue‐Green, Green and foremost Bankers •Bars symbolize Yellow‐Green are unique •Our customers come to + Relationships between to us, and we call this us for our Expertise Bank of Hope and unique expression of •Most importantly, Bank Hope Constituents color “Hope Green” of Hope would not have •Design includes the letter been born without the = “H” and is symbolic of support and patronage of Elevated Steps and Hope Green its Community Bank of Hope Forward Progress “Bank of Hope” conveys the strength and stability of a Bank, while being Aspirational, Relatable and Understandable to All Generations and Ethnicities. Naming Color Selection Process 4 Company Profile Today • Only super regional Korean‐American bank in the nation – 3rd largest Asian‐American bank in the U.S.1 – 6th largest bank headquartered in Los Angeles1 – 82nd largest financial institution in the U.S.2 – Created through successful merger of BBCN and Wilshire • Bringing together 2 high‐performing banks • Combining top 2 lenders in the Korean‐American banking space – Highest lending capacity among niche peers – Top 10 SBA lender in the country by volume – Only Korean‐American bank with presence in Korea – Only Korean‐American bank (formerly known as BBCN Bank) ever to be listed on Forbes’ list of “Best Banks in America” • 2013 2014 2015 2016 • Leading national presence with full‐service branch operations in 9 states – strategically located in high density Korean‐American communities – Presence in 2 additional states with specialized Loan Production Offices – Dominant bank of Korean‐American deposits in all core geographic markets HOPE • Seasoned and experienced management and board • Most comprehensive product offering • Publicly traded on Nasdaq since 1998 1Source: S&P Global (formerly SNL) 2Source: Federal Reserve Statistical Release as of March 31, 2016; Insured U.S.‐chartered commercial banks ranked by consolidated assets 5 National Geographic Presence 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 (16 branches) Northern Illinois California (8 branches) DC Metro (2 branches + 1 LPO) (2 branches) Denver LPO Southern Georgia California (1 branch + 1 SBA LPO) (48 branches + 2 Texas ResiMortgage LPOs) (3 branches + 1 SBA LPO) Alabama (1 branch) 6 Strong Track Record of Growth Loans Receivable Total Deposits Total Assets ($ billions) ($ billions) ($ billions) $7.91 $6.25 $6.34 $7.14 $5.57 $5.69 $6.48 $5.07 $5.15 $5.64 $4.30 $4.38 $5.17 $3.74 $3.8 $3.94 $3.8 $4.7 $3.3 $3.4 $4.2 $2.9 $2.9 $3.6 $2.2 $2.2 $2.2 $2.0 $2.7 $2.8 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 14% 13% 11% CAGR CAGR CAGR 18% 15% 15% Legacy BBCN Bancorp, Inc. Former Wilshire Bancorp, Inc. 7 Strong Organic Loan Growth - Supplemented by Strategic Growth - Loans Receivable New Loan Originations $ billions $ billions $1.693 $10.44 5% $1.328 $550.2 62% $1.139 $1.093 $304.1 (Wilshire) Q4 $6.25 $322.9 Q3 $5.57 12% $371.2 $431.9 $5.07 10% $382.3 Q2 $4.30 9% 9% Q1 $3.74 15% $387.6 $496.2 $312.7 $360.2 $343.7 $208.0 $241.5 $ millions $298.4 $350.8 $333.5 $167.6 $220.9 12/31/2011 12/31/2012 12/31/2013 12/31/2014 12/31/2015 6/30/2016 2012 2013 2014 2015 2016 Pro forma Organic Growth Strategic Growth 8 Q2 2016 Financial Highlights Legacy BBCN Former Wilshire Net income totaled $17.4 million, or $0.22 Net income totaled $23.4 million, or $0.29 per share, including merger‐related expenses per share, including merger‐related expenses of $527,000 Strong of $1.5 million ROAA of 1.46%, ROAE of 12.51%, included ROAA of 1.15%, ROAE of 9.67% Profitability gain on sale of OREO of $3.7 million Efficiency ratio of 49.34% notwithstanding Efficiency ratio of 44.16% benefited from merger‐related expenses gain on sale of OREO Strong Loan Record 2nd quarter originations of $496.2 Loan originations of $408.1 million million Loans receivable (net of deferred fees and Growth Loans receivable increase 3.3% from 3/31/16 costs) increase 1.5% from 3/31/16 Total deposits increase of 2.6% to $6.64 Total deposits increase of 4.1% to $4.01 Solid DDA billion from 3/31/16 billion from 3/31/16 Growth Noninterest‐bearing demand deposits Noninterest‐bearing demand deposits increase 1.3% from 3/31/16 increase 2.5% from 3/31/16 General improvements and stability in asset Sound Continued stability in asset quality and a low quality trends with declines in all problem level of charge‐offs Credit loan categories 9 Profitability Measurements ROAA ROAE 1.50% 13.00% 1.46% 12.51% 1.30% 11.00% 1.15% 9.67% 1.10% 1.10% 9.00% 8.92% 0.90% 7.00% 2Q15 3Q15 4Q15 1Q16 2Q16 2Q15 3Q15 4Q15 1Q16 2Q16 Net Interest Margin Efficiency Ratio 65.00% 4.00% 60.00% 3.80% 56.53% 55.00% 3.67% 3.60% 3.53% 50.00% 49.34% 3.40% 45.00% 44.16% 3.20% 40.00% 2Q15 3Q15 4Q15 1Q16 2Q16 2Q15 3Q15 4Q15 1Q16 2Q16 Legacy BBCN Bancorp, Inc. Note: Peer Group includes continental U.S. commercial banks with total assets between Former Wilshire Bancorp, Inc. 70% and 200% of BBCN Bank as of 12/31/15, excluding banks with extremely Peer Group aberrant balance sheet structures. Source: S&P
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