Hope Bancorp, Inc. (NASDAQ:HOPE) Q2 2019 Earnings Conference Call - Final Transcript
Jul 17, 2019 • 12:30 pm ET
Good day, and welcome to the Hope Bancorp's Second Quarter 2019 Earnings Conference Call and Webcast. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Ms. Angie Yang, Director of Investor Relations. Please proceed.
Thank you Ian. Good morning, everyone, and thank you for joining us for the Hope Bancorp 2019 second quarter investor conference call. As usual, we will begin with -- we will be using a slide presentation to accompany our discussion this morning. If you have not done so already, please visit the presentations page of our Investors Relations website to download a copy of the presentation. Or if you are listening into the webcast, you should be able to view the slides from the computer screen as we progress through the presentation.
Moving to Slide 2. I'd like to begin with a brief statement regarding forward-looking remarks. The call today may contain forward-looking projections, regarding the future financial performance of the Company and future events. These statements are based on current expectations, estimates, forecasts, projections, and management assumptions about the future performance of the Company as well as the businesses and markets in which the Company does and is expected to operate. These statements constitute forward-looking statements, within the meaning of the US Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. We refer you to the documents the Company files periodically with the SEC as well as the Safe Harbor statements in our press release issued yesterday.
Hope Bancorp assumes no obligation to revise any forward-looking projections that may be made on today's call. The Company cautions that the complete financial results to be included in the quarterly report on Form 10-Q for the quarter ended June 30, 2019 to differ materially from the financial results being reported today. In addition, some of the information referenced on this call today are non-GAAP financial measures. Please refer to our 2019 second quarter earnings release for the reconciliation of GAAP to non-GAAP financial measures.
Now, we have allotted one hour for this call. Presenting from the management side today will be Kevin Kim, Hope Bancorp's Chairman, President and CEO and Alex Ko, our Executive Vice President and Chief Financial Officer. Chief Credit Officer Peter Koh is also here with us today and will participate in the Q&A session.
With that, let me turn the call over to Kevin Kim. Kevin?
Kevin S. Kim
Thank you, Angie. Good morning, everyone, and thank you for joining us today.
Let's begin with Slide 3. In the second quarter, we noted positive trends in a number of key financial metrics. We recognized a higher level of loan production while continuing to focus on originating credits with more attractive risk-adjusted yields. We continued