---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-033006"
form_type: "8-K"
ticker: "OPBK"
cik: "0001722010"
company_name: "OP Bancorp"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:20:01.242601+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OP Bancorp Q2 net income $5.4M, EPS $0.36; NIM down to 2.96%; loan growth 3.6%

## Summary
- Net income $5.4M, diluted EPS $0.36, up 4% and 5.9% QoQ but down 10.8% and 7.7% YoY.
- Net interest margin 2.96% vs 3.06% prior quarter, down 10 bps QoQ and 44 bps YoY.
- Gross loans $1.87B (+3.6% QoQ); total deposits $1.94B (+2.4% QoQ).
- Criticized loans 0.88% of gross loans vs 0.64% prior quarter; NPLs remain low at 0.23%.
- Quarterly dividend of $0.12 per share declared, payable Aug 22, record Aug 8, 2024.

## SEC filing metadata
- accession: 0001628280-24-033006
- form_type: 8-K
- ticker: OPBK
- cik: 0001722010
- company_name: OP Bancorp
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722010/000162828024033006/0001628280-24-033006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722010/000162828024033006/opbk-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-033006
- JSON: https://secwatch.observer/filing/0001628280-24-033006.json
- Plain text: https://secwatch.observer/filing/0001628280-24-033006.txt

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