{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-002244","form_type":"8-K","ticker":"OPBK","cik":"0001722010","company_name":"OP Bancorp","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.252629+00:00","generated_at":"2026-06-06T18:23:38.169859+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 Q4 net income $5.2M, EPS $0.34; NIM narrows to 3.12%; NPLs rise to 0.34%","bullets":["Net income $5.2M ($0.34 diluted EPS) vs $5.1M ($0.33) Q3 and $8.0M ($0.51) Q4'22.","Net interest margin 3.12%, down 26 bps QoQ and 96 bps YoY; interest expense rose 12.1% QoQ to $15.6M.","Nonperforming loans $6.1M (0.34% of loans) vs $4.2M (0.24%) Q3; allowance for credit losses at 1.25%.","Book value per share $12.84 (+5.5% QoQ); CET1 ratio 12.52%; declared $0.12/sh dividend, repurchased 150k shares at $8.72 avg."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-002244","json":"https://secwatch.observer/filing/0001628280-24-002244.json","markdown":"https://secwatch.observer/filing/0001628280-24-002244.md","text":"https://secwatch.observer/filing/0001628280-24-002244.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722010/000162828024002244/0001628280-24-002244-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722010/000162828024002244/opbk-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:23:38.169859+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":"349de309153ecf68575c4d5cfc15562730cf19d8","claim":"OP Bancorp reported fourth quarter ended December 31, 2023 results: net income $5.2 million, EPS $0.34 per diluted common share.","evidence_excerpt":"OP Bancorp, (the “Company”), the holding company of Open Bank, issued a press release announcing preliminary unaudited results for the fourth quarter ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722010/000162828024002244/0001628280-24-002244-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Net income","value":"$5.2 million"},{"label":"EPS","value":"$0.34 per diluted common share"},{"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"}