Company Description

OP Bancorp, the holding company for Open Bank, is a California corporation whose common stock is traded on the OTCQB under the ticker symbol, “OPBK.” Open Bank is a California commercial bank headquartered in Los Angeles, California. The Bank is chartered under the laws of the State of California and is subject to supervision by the California Department of Business Oversight and the Federal Deposit Insurance Corporation (FDIC). The Federal Deposit Insurance Corporation insures our deposits up to the maximum legal limit.

The Bank commenced its operations on June 10, 2005 as First Standard Bank and changed its name to Open Bank on October 2010. We engage in the general commercial banking business in Los Angeles and Orange Counties. We emphasize the banking needs of small and medium-sized businesses, professionals and residents with a particular emphasis on the multi-ethnic communities.

Officers and Directors
Senior Management
Min J. Kim
President and Chief Executive Officer
Christine Oh
Executive Vice President and Chief Financial Officer
Steve K. Park
Executive Vice President and Chief Credit Officer
Ki Won Yoon
Executive Vice President and Chief Lending Officer
 
Board of Directors
Brian Choi
Chairman
Ernest E. Dow
Jason Hwang
Soo Hun Jung
Min J. Kim
Ock Hee Kim
Susan Park
Yong Sin Shin
 
Corporate Data
Open Bank,
1000 Wilshire Boulevard
Suite 500
Los Angeles, CA 90017
(213) 892-9999
Investor Relations Contact
Ms. Christine Yoon Oh
Chief Financial Officer
(213) 892-1192

Independent Accountants
Crowe Horwath
15233 Ventura Blvd., 9th Floor
Serman Oaks, CA 91403
(818) 501-5200

Transfer Agent
ComputerShare
1745 Gardena Avenue, Suite 200
Glendale, CA 91204
(818) 502-1404
 U.S. Branches: Current Ownership (7)




Recent Documents
No data available.
Peer Analysis

Data for trailing four quarters

Performance Ratios (%)OPBK Peer
Median
Peer
Average
ROAA1.14 0.59 (0.16) 
ROAE10.45 5.66 (0.22) 
Net Interest Margin4.41 3.45 3.39 
Efficiency Ratio60.70 69.59 109.01 
Loans / Deposits95.91 83.70 84.11 
Asset Quality Ratios (%)   
NPAs / Assets0.05 0.05 0.11 
NCOs / Avg Loans0.04 0.17 0.16 
Reserves / Loans1.23 1.57 1.81 
Reserves / NPAsNA NA NA 
Capital Ratios (%)   
Tier 1 Capital12.41 17.51 17.25 
Tangible Equity / Tangible Assets10.47 12.78 12.93 
Total Equity / Total Assets10.47 12.02 11.53 
Market Ratios   
Price / Earnings (x)12.75 17.22 14.89 
Price / Book (%)118.60 96.06 97.79 
Dividend Yield (%)0.00 0.00 3.33 
OP Bancorp's peer group consists of the following: California Business Bank (CABB) , Community Bank of the Bay (CBYAA) , Mission Valley Bancorp (MVLY) , Northern California Bancorp, Inc. (NRLB) , Pacific Alliance Bank (PFBN)

OP Bancorp's financial data is as of 3/31/2017.

Peer financial data is as of 3/31/2017  except for these companies:

California Business Bank's financial data is as of 12/31/2016.
Northern California Bancorp, Inc.'s financial data is as of 12/31/2016.
Stock Price History
High ($)Low ($)
One DayNA NA 
One Month7.70  7.50  
Three Months7.75  7.25  
Year-to-Date7.75  6.95  
One Year7.75  5.81  
Three Year8.75  5.64  
Three Year Date6/10/2014 3/1/2016 
Market Data

Current QuoteData as of May 25, 2017
Last Sale $ 7.65
Last Close $ 7.65
Today's High $ .00
Today's Low $ .00
Net Change NA
Today's Volume0
Minimum 20 minute delay
Current Chart

Deposit Market Share
No data available.
FAQ
Q: Where is OP Bancorp's common stock listed?
A: Our common stock is listed on OTCQB under the symbol OPBK.
For more detailed stock information, please visit our Stock Quote page.

Q: How can I request additional information from OP Bancorp?
A: You can contact us via our Information Request page.

Q: How can I receive Email alerts from OP Bancorp?
A: To sign up for Email alerts on our Events, Documents, Press Releases and closing stock price information click here to visit our Email Notification page.