Welcome to our dedicated page for OP Bancorp SEC filings (Ticker: OPBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
OP Bancorp filings document the public-company disclosures of a California bank holding company whose primary operating subsidiary is Open Bank. Its Form 8-K reports cover preliminary quarterly and annual financial results, Regulation FD investor presentations, cash dividend declarations, and other material events tied to the bank’s operating performance and capital management.
The filing record also includes definitive proxy materials and shareholder-vote disclosures covering director elections, advisory executive-compensation matters, auditor ratification, and annual meeting results. Capital-structure filings document completed financing actions, including a private placement of fixed-to-floating rate subordinated debt designed to qualify as Tier 2 capital, along with related use-of-proceeds and redemption terms.
OP Bancorp reported preliminary unaudited results for the quarter ended June 30, 2026, with net income of $7.978 million and diluted EPS of $0.53, up from $7.234 million and $0.48 in the first quarter and $6.333 million and $0.42 a year earlier. Revenue was $25.7 million, driven by higher gains on SBA loan sales and loan servicing fees, while net interest income was $20.1 million as the net interest margin declined to 3.08% due to a one-time Federal Reserve account accrual adjustment and the absence of a prior special FHLB dividend.
Credit costs benefited from a $149 thousand reversal of provision for credit losses tied to the payoff of a previously reserved nonaccrual CRE loan. Asset quality metrics remained solid, with nonperforming loans at 0.76% of gross loans and the allowance for credit losses at 1.24% of gross loans. Gross loans reached $2.26 billion and total deposits $2.37 billion, both up modestly sequentially. Capital remained strong with a CET1 ratio of 10.98% and book value per share of $15.99.
The Board declared a quarterly cash dividend of $0.14 per share, payable on or about August 20, 2026 to shareholders of record on August 6, 2026.
OP Bancorp Chief Executive Officer Sang Kyo Oh reported a routine equity compensation event. He exercised restricted stock units, converting 5,865 units into the same number of shares of common stock at a stated price of $0.00 per share, which reflects a non-cash conversion rather than an open-market purchase.
Following the transaction, Oh directly holds 50,865 shares of common stock and 23,461 restricted stock units. The units convert to common stock on a one-for-one basis. Footnote disclosure states he had been granted 29,326 restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.
OP Bancorp Chief Executive Officer Sang Kyo Oh exercised restricted stock units that converted into 9,000 shares of common stock. These units convert to common stock on a one-for-one basis.
The 9,000-share vesting reflects one-fifth of a 45,000-unit award granted on June 24, 2021, which was structured to vest in five equal annual installments. Following this transaction, Oh directly owns 45,000 shares of OP Bancorp common stock.
OP Bancorp Chief Operating Officer Christine Yoon Oh reported three open-market sales of Common Stock. She sold 12,018 shares on June 10 at a weighted average price of about $14.29, 8,251 shares on June 11 at about $14.08, and 1,549 shares on June 12 at about $14.20. After these transactions, she directly holds 120,788 OP Bancorp shares.
OP Bancorp Chief Risk Officer Jae H. Park reported routine equity compensation activity. On June 8, 2026, Park exercised 3,846 restricted stock units, converting them into an equal number of common shares. To cover tax obligations, 1,241 common shares were withheld in a tax-withholding disposition, leaving Park with 10,298 directly held common shares. These transactions reflect compensation vesting and tax payment, not open-market buying or selling.
OP Bancorp director Yoon Ki Won reported equity-compensation activity rather than market trades. On May 28, 2026, he exercised 2,408 restricted stock units into common stock, bringing his direct common share holdings to 52,818. The same day, he received a new grant of 2,134 restricted stock units that convert one-for-one into common stock and are scheduled to vest at the 2027 annual shareholders meeting. A prior 2,408-unit grant from June 26, 2025, vested at the 2026 annual shareholders meeting and was fully converted, leaving no remaining units from that award.
OP Bancorp director Sohn Myung Shin reported compensation-related equity activity. On May 28, 2026, 2,408 previously granted restricted stock units were exercised into common stock on a one-for-one basis, bringing direct common stock holdings to 17,034 shares. The director also received a new grant of 2,134 restricted stock units that will convert into common shares and vest at the 2027 annual shareholders meeting.
OP Bancorp director Hyung J Kim reported routine equity compensation activity. On May 28, 2026, Kim exercised 2,408 restricted stock units that converted into the same number of common shares at no cost, increasing direct common stock holdings to 9,235 shares.
On the same date, Kim also received a new grant of 2,134 restricted stock units, each convertible into one share of common stock. According to the footnotes, these RSUs vest at the 2027 annual shareholders meeting, while the 2,408 RSUs exercised on May 28, 2026 were granted in 2025 and vested at the 2026 annual shareholders meeting.
OP Bancorp director Sunny Kwon reported routine equity compensation activity. On May 28, 2026, Kwon exercised 2,408 restricted stock units into the same number of common shares at a stated price of $0.00 per share, bringing direct common stock holdings to 9,235 shares.
On the same date, Kwon also received a new grant of 2,134 restricted stock units, each convertible into one share of common stock. Footnotes state the earlier 2,408-unit award was granted on June 26, 2025 and vested at the 2026 annual shareholders meeting, while the new 2,134-unit grant will vest at the 2027 annual shareholders meeting.