---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002390"
form_type: "8-K"
ticker: "OPBK"
cik: "0001722010"
company_name: "OP Bancorp"
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T14:51:56.042380+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OP Bancorp Q4 net income $5.0M ($0.33 EPS), down 8.6% QoQ; NPL ratio rises to 0.40%

## Summary
- Net income $5.0M, diluted EPS $0.33 vs $0.36 Q3 2024 and $0.34 a year ago; net interest margin 2.96%.
- Provision for credit losses surged to $1.5M from $448K Q3, driven by higher qualitative and specific reserves.
- Nonperforming loans doubled to $7.8M (0.40% of loans) from $3.6M (0.19%) Q3; criticized loans at 1.00%.
- Total deposits $2.03B, down 1.8% QoQ; noninterest-bearing deposits fell 10.1% to $505M.
- Quarterly dividend maintained at $0.12/share; book value per share $13.83.

## SEC filing metadata
- accession: 0001628280-25-002390
- form_type: 8-K
- ticker: OPBK
- cik: 0001722010
- company_name: OP Bancorp
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722010/000162828025002390/0001628280-25-002390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722010/000162828025002390/opbk-20250123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002390
- JSON: https://secwatch.observer/filing/0001628280-25-002390.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002390.txt

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