---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-001615"
form_type: "8-K"
ticker: "OPBK"
cik: "0001722010"
company_name: "OP Bancorp"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:20:15.311207+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OP Bancorp Q4 2022 net income $8.0M ($0.51 EPS); dividend raised 20% to $0.12/share

## Summary
- Net income $8.0M, diluted EPS $0.51, vs $9.1M, $0.59 in Q4 2021; net interest income up 18% to $20.2M.
- Total loans $1.7B (+23% YoY); total deposits $1.9B (+23% YoY); noninterest-bearing deposits 37.2% of total.
- Credit quality: nonperforming loans 0.18% of gross loans; allowance/loans 1.13%; net charge-offs 0.03% annualized.
- CET1 ratio 11.70%; book value $11.59 per share, up 6% YoY.
- Quarterly cash dividend declared $0.12 per share, a 20% increase from prior $0.10, payable Feb 23.

## SEC filing metadata
- accession: 0001628280-23-001615
- form_type: 8-K
- ticker: OPBK
- cik: 0001722010
- company_name: OP Bancorp
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722010/000162828023001615/0001628280-23-001615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722010/000162828023001615/opbk-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-001615
- JSON: https://secwatch.observer/filing/0001628280-23-001615.json
- Plain text: https://secwatch.observer/filing/0001628280-23-001615.txt

## Key facts
- Earnings Releases
  OP Bancorp reported the fourth quarter ended December 31, 2022 results: net income $8.0 million, EPS $0.51 per diluted common share.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: $8.0 million
  - EPS: $0.51 per diluted common share
  - Result: preliminary results
  source text: LOS ANGELES, January 26, 2023 — OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank, today reported its financial results for the fourth quarter of 2022. Net income for the fourth quarter of 2022 was $8.0 million, or $0.51 per diluted common share, compared with $8.7 million, or $0.55 per diluted common share, for the third quarter of 2022, and $9.1 million, or $0.59 per diluted common share, for the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722010/000162828023001615/0001628280-23-001615-index.htm

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