---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-043634"
form_type: "8-K"
ticker: "OPBK"
cik: "0001722010"
company_name: "OP Bancorp"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:33:53.408928+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OP Bancorp Q3 net income $5.4M flat QoQ; loans and deposits grow

## Summary
- Net income $5.4M, diluted EPS $0.36, unchanged from Q2 2024; net interest margin 2.95%.
- Gross loans grew 3.3% QoQ to $1.93B; total deposits up 6.4% to $2.06B.
- Nonperforming loans fell to 0.19% of gross loans (Q2: 0.23%); ACL 1.19%.
- Board declares $0.12 per share cash dividend, payable Nov 21, 2024.
- Repurchased 4,610 shares at avg $10.09 during Q3; book value per share $13.75.

## SEC filing metadata
- accession: 0001628280-24-043634
- form_type: 8-K
- ticker: OPBK
- cik: 0001722010
- company_name: OP Bancorp
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722010/000162828024043634/0001628280-24-043634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722010/000162828024043634/opbk-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-043634
- JSON: https://secwatch.observer/filing/0001628280-24-043634.json
- Plain text: https://secwatch.observer/filing/0001628280-24-043634.txt

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