---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-019915"
form_type: "8-K"
ticker: "OPBK"
cik: "0001722010"
company_name: "OP Bancorp"
filed_at: "2022-08-01T23:59:59+00:00"
generated_at: "2026-06-24T06:33:56.745879+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OP Bancorp Q2 net income $8.5M ($0.54 EPS), up 33% YoY; dividend raised 20% to $0.12/share

## Summary
- Net income $8.5M, diluted EPS $0.54, up 33% and 29% YoY respectively.
- Net interest margin expanded to 4.21% from 3.98%; efficiency ratio improved to 47.07%.
- Total loans grew 18% to $1.55B; deposits up 21% to $1.74B; noninterest-bearing deposits 47.1%.
- Quarterly cash dividend declared $0.12/share (20% increase from $0.10), payable Aug 25 to holders of record Aug 11.
- Book value per share $11.16, up 11%; CET1 ratio 12.29%; nonperforming loans at 0.15% of gross loans.

## SEC filing metadata
- accession: 0001628280-22-019915
- form_type: 8-K
- ticker: OPBK
- cik: 0001722010
- company_name: OP Bancorp
- filed_at: 2022-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722010/000162828022019915/0001628280-22-019915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722010/000162828022019915/opbk-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-019915
- JSON: https://secwatch.observer/filing/0001628280-22-019915.json
- Plain text: https://secwatch.observer/filing/0001628280-22-019915.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.