{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-019719","form_type":"8-K","ticker":"OPBK","cik":"0001722010","company_name":"OP Bancorp","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.469913+00:00","generated_at":"2026-05-23T07:09:25.873872+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"OP Bancorp Q1 net income $5.6M, EPS $0.37; loans up 4.4%, deposits up 8.0%","bullets":["Net income of $5.6M, diluted EPS $0.37 vs. $0.33 in Q4 2024 and $0.34 in Q1 2024; net interest margin rose 5 bps to 3.01%.","Gross loans grew 4.4% to $2.04B, total deposits up 8.0% to $2.19B; criticized loans increased to 1.13% of gross loans.","Nonperforming loans rose to $10.4M (0.51% of loans) from $7.8M, driven by two home mortgage loans with sufficient collateral; net charge-offs remained low at 0.02%.","Board declared quarterly cash dividend of $0.12 per share, payable May 22, 2025, to holders of record May 8, 2025.","Efficiency ratio 62.13%; CET1 ratio 11.08%; book value per share $14.09, up 1.9% from prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-019719","json":"https://secwatch.observer/filing/0001628280-25-019719.json","markdown":"https://secwatch.observer/filing/0001628280-25-019719.md","text":"https://secwatch.observer/filing/0001628280-25-019719.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722010/000162828025019719/0001628280-25-019719-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722010/000162828025019719/opbk-20250424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:09:25.873872+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}