Hope Bancorp, Inc. reported unaudited financial results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported total interest income of $135,387,000 compared to $82,973,000 a year ago. Income before income taxes was $67,870,000 compared to $38,907,000 a year ago. Net income was $40,630,000 or $0.30 per diluted share compared to $22,869,000 or $0.29 per diluted share a year ago. ROA was 1.20% against 1.19% a year ago. ROE was 8.72% against 9.76% a year ago.

For the year, the company reported total interest income of $421,934,000 compared to $313,660,000 a year ago. Income before income taxes was $191,199,000 compared to $155,349,000 a year ago. Net income was $113,747,000 or $1.10 per diluted share compared to $92,258,000 or $1.16 per diluted share a year ago. ROA was 1.10% against 1.25% a year ago. ROE was 8.47% against 10.11% a year ago.

Net charge offs for the quarter was $1,433,000.