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 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.
OP Bancorp director Yong Sin Shin reported equity compensation activity involving restricted stock units and common stock. On May 28, 2026, 2,408 restricted stock units converted into the same number of common shares, reflecting an exercise of derivative securities at a stated price of $0.00 per share.
On the same date, Shin received a new grant of 2,134 restricted stock units, each convertible into one share of common stock, scheduled to vest at the 2027 annual shareholders meeting. After these transactions, Shin directly owned 499,670 common shares, with no remaining position from the 2,408-unit RSU grant that vested at the 2026 annual shareholders meeting.
OP Bancorp director Min Kim reported equity compensation activity involving restricted stock units and common stock. On May 28, 2026, Kim exercised 3,371 restricted stock units into the same number of common shares, bringing direct common stock holdings to 614,796 shares.
On the same date, Kim was granted 2,987 new restricted stock units, each convertible into one share of common stock. A prior grant of 3,371 restricted stock units dated June 26, 2025 had vested at the 2026 annual shareholders meeting and was the source of the exercised units. The filing reflects routine equity awards and conversions, with no open-market purchases or sales.
OP Bancorp held its 2026 annual meeting of shareholders on May 28, 2026, with 11,517,297 shares represented, equal to 77.33% of the total shares outstanding. Shareholders elected all seven director nominees to one-year terms expiring at the 2027 annual meeting.
Investors also approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers for 2025 and ratified the appointment of Crowe LLP as the independent registered public accounting firm for the year ending December 31, 2026. No other matters were submitted for shareholder action.
OP Bancorp Chief Operating Officer Christine Yoon Oh exercised restricted stock units and settled related taxes in shares. She converted 4,000 restricted stock units into 4,000 shares of OP Bancorp common stock, consistent with the one-for-one conversion described in the footnotes.
Of these shares, 1,290 were disposed of as a tax-withholding transaction, meaning they were delivered to cover tax obligations rather than sold on the open market. Following these transactions, she directly holds 142,606 shares of OP Bancorp common stock.
OP Bancorp reported stronger Q1 2026 results, with net income of $7.2 million, up 30% from $5.6 million a year earlier. Higher net interest income drove the improvement as loans and interest-earning assets grew and funding costs eased.
Net interest income rose 18% to $20.5 million and net interest margin expanded to 3.19%. Return on average assets was 1.08% and return on average equity was 12.56%. Total assets reached $2.70 billion, with gross loans of $2.23 billion and deposits of $2.33 billion.
OP Bancorp notified the SEC that it cannot file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026 by the original due date of May 11, 2026. The company states additional time is needed to finalize unaudited consolidated financial information and for its independent auditor to complete interim review procedures. The company expects to use the 5-calendar-day extension under Rule 12b-25.
OP Bancorp reported solid first-quarter 2026 results, with net income of $7.2 million and diluted EPS of $0.48, up from $7.0 million and $0.47 in the prior quarter and $5.6 million and $0.37 a year earlier.
Total revenue reached $24.6 million, supported by higher net interest income and stronger gains on loan sales, while the net interest margin was 3.19%. Operating efficiency improved, with the efficiency ratio at 57.97%, and profitability metrics strengthened, including ROAA of 1.08% and ROAE of 12.56%.
Average loans rose to $2.23 billion and average deposits to $2.30 billion, with credit quality remaining manageable despite higher nonperforming loans. The board declared a quarterly cash dividend of $0.14 per share, a 17% increase, payable on May 21, 2026 to shareholders of record on May 7, 2026.