secwatch.observer — SEC 8-K summary
======================================

Issuer:     OP Bancorp (OPBK)
CIK:        0001722010
Form:       8-K
Filed at:   2022-01-28T23:59:59+00:00
Accession:  0001628280-22-001445
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OP Bancorp Q4 2021 net income $9.1M record, EPS $0.59; dividend raised 43% to $0.10
--------------------------------------------------------------------------------

- Net income of $9.1M up 140% YoY; diluted EPS $0.59 up 136%; record quarterly results.
- Net interest income $17.1M (+40% YoY); NIM expanded to 4.07% from 3.73%.
- Total deposits $1.53B (+28% YoY); noninterest-bearing deposits 51% of total (up from 44%).
- Return on average assets 2.11% (up from 1.13%); efficiency ratio improved to 39.34%.
- Quarterly cash dividend increased 43% to $0.10 per share; payable Feb 24, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722010/000162828022001445/0001628280-22-001445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722010/000162828022001445/opbk-20220127.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-001445

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer