The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Dividends from bank subsidiary | 7,686 |
| Total noninterest expense | 1,306 |
| Income before income tax expense | 6,380 |
| Income tax benefit | -254 |
| Equity in undistributed income of bank subsidiary | 19,001 |
| Net income | 25,635 |
| Provision for credit losses | 3,580 |
| Deferred income tax expense (benefit) | 81 |
| Depreciation, amortization and accretion, net | 7,264 |
| Gains on sale of loans | 7,070 |
| Stock-based compensation | 699 |
| Earnings on company owned life insurance | 704 |
| Oreo valuation adjustment and loss on sale | -56 |
| Proceed from oreo sale | 829 |
| Origination of loans held-for-sale | 133,023 |
| Proceeds from sales of loans held-for-sale | 130,504 |
| Accrued interest receivable and other assets | 2,280 |
| Accrued interest payable and other liabilities | 590 |
| Net cash provided by operating activities | 26,161 |
| Net change in loans receivable | 211,559 |
| Proceeds from matured, called, or paid-down afs debt securities | 30,720 |
| Purchase of afs debt securities | 29,623 |
| Purchase of loans | 23,723 |
| Purchase of fhlb stock | 541 |
| Purchase of premises and equipment, net | 2,801 |
| Net change in investments in low-income housing partnerships | 5,485 |
| Net cash used in investing activities | -243,012 |
| Net change in deposits | 253,262 |
| Proceeds from stock option exercise | 0 |
| Proceeds from fhlb advances | 125,000 |
| Repayment of fhlb advances | 145,000 |
| Proceeds from issuance of subordinated note, net of cost | 24,574 |
| Repurchase of common stock | 706 |
| Cash dividend paid on common stock | 7,133 |
| Payments related to tax-withholding for vested restricted stock awards | 778 |
| Net cash provided by financing activities | 249,219 |
| Net change in cash and cash equivalents | 32,368 |
| Cash and cash equivalents at beginning of period | 134,943 |
| Cash and cash equivalents at end of period | 167,311 |
OP Bancorp (OPBK)
OP Bancorp (OPBK)