secwatch.observer — SEC 8-K summary
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Issuer:     OP Bancorp (OPBK)
CIK:        0001722010
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001628280-25-035940
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OP Bancorp reports Q2 2025 net income of $6.3M, EPS $0.42; NIM expands to 3.23%
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- Net income $6.3M ($0.42 diluted EPS) vs $5.6M ($0.37) in Q1 2025 and $5.4M ($0.36) in Q2 2024.
- Net interest margin improved to 3.23% from 3.01% QoQ and 2.96% YoY, driven by loan growth and lower deposit costs.
- Gross loans grew to $2.07B (+1% QoQ, +11% YoY); total deposits up 3% QoQ to $2.25B.
- Board declared $0.12 per share quarterly dividend, payable Aug 21, 2025 to holders of record Aug 7.
- Credit quality stable with nonperforming loans at 0.43% of gross loans; allowance 1.27%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722010/000162828025035940/0001628280-25-035940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722010/000162828025035940/opbk-20250724.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-035940

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