OP Bancorp
opbancorp.q4ir.comOP Bancorp (NASDAQ: OPBK) is a community banking company that operates through its subsidiary Open Bank, providing commercial and consumer banking services primarily to the Korean-American community. The bank generates revenue through net interest income on loans and deposits, with lending activities spanning commercial real estate, commercial and industrial, SBA, home mortgage, and consumer loans. Open Bank operates under a Coexistence Agreement with Open Bank S.A. (a Santander affiliate) that limits use of the 'Open Bank' name to California and select cities including New York, Dallas, Atlanta, Chicago, Seattle, and Fort Lee, New Jersey. The bank attracts retail deposits through its branch network and offers a range of deposit products for both business and consumer banking customers. OP Bancorp is classified as a smaller reporting company under SEC rules as of the 10-K filed 2026-03-13. The bank emphasizes relationship-based, community-oriented banking and contributes to the Korean-American community through the Open Stewardship Foundation.
Products & Services
Commercial real estate loans, commercial and industrial loans, SBA loans, home mortgage loans, consumer loans, business deposit accounts, consumer deposit accounts, and ancillary banking products and services.
Revenue Model
Net interest income from a loan portfolio that includes commercial real estate, commercial and industrial, SBA, home mortgage, and consumer loans, funded by retail deposits gathered through branch locations.
Customers & Markets
Korean-American individuals and businesses in permitted markets including California, New York, Dallas, Atlanta, Chicago, Seattle, and Fort Lee, New Jersey. Customer base spans retail consumers and commercial business banking clients.
Geographic Exposure
California and select U.S. cities: New York, Dallas, Atlanta, Chicago, Seattle, and Fort Lee, New Jersey, per the Coexistence Agreement referenced in the 10-K filed 2026-03-13.
Financial Snapshot
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