{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-013650","form_type":"8-K","ticker":"OPBK","cik":"0001722010","company_name":"OP Bancorp","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.226444+00:00","generated_at":"2026-06-16T09:11:18.218581+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OP Bancorp Q1 net income $7.5M ($0.48 EPS); dividend raised 20% to $0.12","bullets":["Net income $7.5M ($0.48 diluted EPS) vs $8.2M ($0.53) in Q1 2022, down 7.6%.","Net interest margin narrowed to 3.56% from 4.12%; net interest income $17.9M vs $17.3M.","Board declared $0.12 quarterly dividend (20% increase from $0.10), payable May 25 to holders of record May 11.","Nonperforming loans rose to $4.36M (0.26% of loans) from $2.81M (0.20%) a year ago.","Adopted CECL on Jan 1, adding $2.1M to allowance; reversed $338K credit losses vs $341K provision in Q1 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-013650","json":"https://secwatch.observer/filing/0001628280-23-013650.json","markdown":"https://secwatch.observer/filing/0001628280-23-013650.md","text":"https://secwatch.observer/filing/0001628280-23-013650.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722010/000162828023013650/0001628280-23-013650-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722010/000162828023013650/opbk-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:11:18.218581+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"02a7c6749a788c9ca33a930f135ef0bb47897d54","claim":"OP Bancorp reported first quarter ended March 31, 2023 results: net income Net income of $7.5 million, EPS diluted earnings per share of $0.48.","evidence_excerpt":"On April 27, 2023, OP Bancorp, (the “Company”), the holding company of Open Bank, issued a press release announcing preliminary unaudited results for the first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722010/000162828023013650/0001628280-23-013650-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Net income","value":"Net income of $7.5 million"},{"label":"EPS","value":"diluted earnings per share of $0.48"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}