{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-035339","form_type":"8-K","ticker":"OPBK","cik":"0001722010","company_name":"OP Bancorp","filed_at":"2023-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.180694+00:00","generated_at":"2026-06-09T07:08:12.095519+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"OP Bancorp Q3 net income $5.1M ($0.33 EPS), down 41% YoY; NIM narrows to 3.38%","bullets":["Net income $5.1M, diluted EPS $0.33 vs $6.1M ($0.39) in Q2'23 and $8.7M ($0.55) in Q3'22.","Net interest margin 3.38% vs 3.40% QoQ and 4.31% YoY; provision for credit losses $1.4M vs $0 in Q2.","Nonperforming loans to gross loans 0.24% (up from 0.20% QoQ); criticized loans to gross loans 0.78% (up from 0.44% QoQ).","Book value per share $12.17; CET1 ratio 12.09%; announced share repurchase of up to 750,000 shares.","Quarterly dividend maintained at $0.12 per share, payable Nov 23 to record Nov 9."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-035339","json":"https://secwatch.observer/filing/0001628280-23-035339.json","markdown":"https://secwatch.observer/filing/0001628280-23-035339.md","text":"https://secwatch.observer/filing/0001628280-23-035339.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722010/000162828023035339/0001628280-23-035339-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722010/000162828023035339/opbk-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T07:08:12.095519+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":"d43867b479752a61c30f40e8030b64d3c2c1d028","claim":"OP Bancorp reported preliminary financial results for the third quarter ended September 30, 2023.","evidence_excerpt":"On October 26, 2023, OP Bancorp, (the “Company”), the holding company of Open Bank, issued a press release announcing preliminary unaudited results for the third quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722010/000162828023035339/0001628280-23-035339-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}