{"schema_version":"secwatch.filing_event.v1","accession":"0001722010-26-000009","form_type":"8-K","ticker":"OPBK","cik":"0001722010","company_name":"OP Bancorp","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.807930+00:00","generated_at":"2026-05-15T04:35:27.261835+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"OP Bancorp posts Q1 net income $7.2M, EPS $0.48; dividend raised 17%","bullets":["Net income $7.2M, diluted EPS $0.48, vs $7.0M/$0.47 in Q4 2025 and $5.6M/$0.37 in Q1 2025.","Revenue $24.6M, up 1% from Q4; net interest margin 3.19% vs 3.25% in Q4.","Quarterly dividend increased 17% to $0.14/share (prev. $0.12), payable May 21 to holders of record May 7.","Nonperforming loans rose to $18.3M (0.82% of gross loans), driven by one CRE relationship expected to resolve in Q2.","Allowance for credit losses on loans stable at 1.27%; net charge-offs negligible at (0.01)% annualized."],"urls":{"canonical":"https://secwatch.observer/filing/0001722010-26-000009","json":"https://secwatch.observer/filing/0001722010-26-000009.json","markdown":"https://secwatch.observer/filing/0001722010-26-000009.md","text":"https://secwatch.observer/filing/0001722010-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/0001722010-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/opbk-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:35:27.261835+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":[{"claim_id":"e779ff1c91efd8e41a56680289a663c0897fafe4","claim":"OP Bancorp reported first quarter ended March 31, 2026 results: revenue 24,555, net income $ 7,234, EPS $ 0.48.","evidence_excerpt":"($ in thousands, except per share data) As of and For the Quarter First Quarter Highlights 1Q2026 4Q2025 1Q2025 Comparisons reflect 1Q26 vs. 4Q25 Income Statement: Income Statement Net interest income $ 20,523 $ 20,863 $ 17,418 • Revenue continued to grow. • Net income increased 3%, benefiting from higher revenue and reductions in both provision and noninterest expenses. • Diluted EPS improved modestly by $0.01. Noninterest income 4,032 3,418 4,816 Revenue 24,555 24,281 22,234 Provision for credit losses 412 463 736 Noninterest expense 14,233 14,293 13,814 Net income $ 7,234 $ 7,038 $ 5,560 Diluted Earnings Per Share (“EPS”) $ 0.48 $ 0.47 $ 0.37","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/0001722010-26-000009-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"24,555"},{"label":"Net income","value":"$ 7,234"},{"label":"EPS","value":"$ 0.48"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}