The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Amortization of servicing assets | - | 1,513 |
| Net income | 6,703 | 11,893 |
| Provision for credit losses | 1,175 | 1,942 |
| Deferred income tax expense (benefit) | -532 | 1,287 |
| Net change in fair value of equity investment with readily determinable fair value | - | 64 |
| Depreciation, amortization and accretion, net | 4,892 | 741 |
| Amortization of low income housing partnerships | - | 1,062 |
| Gains on sale of loans | 2,037 | 3,460 |
| Accretion of net discounts on loans | - | 724 |
| Stock-based compensation | 174 | 313 |
| Earnings on company owned life insurance | 178 | 347 |
| Valuation of oreo | -39 | - |
| Origination of loans held-for-sale | 24,546 | 73,911 |
| Proceeds from sales of loans held-for-sale | 39,276 | 60,685 |
| Amortization of net premiums on securities | - | 4 |
| Accrued interest receivable and other assets | 753 | 2,402 |
| Accrued interest payable and other liabilities | 1,523 | 129 |
| Net cash provided by operating activities | 23,945 | -1,339 |
| Net change in loans receivable | 79,249 | 114,456 |
| Proceeds from matured, called, or paid-down afs debt securities | 7,564 | 14,118 |
| Purchase of loans | 0 | - |
| Purchase of afs debt securities | 29,623 | 0 |
| Purchase of fhlb stock | 1 | 540 |
| Purchase of premises and equipment, net | 554 | 2,144 |
| Net change in investments in low-income housing partnerships | 2,625 | 2,607 |
| Net cash used in investing activities | -104,488 | -105,629 |
| Net change in deposits | 18,689 | 227,443 |
| Cash received from stock option exercises | 0 | 0 |
| Proceeds from fhlb advances | 75,000 | 50,000 |
| Repayment of fhlb advances | 50,000 | 95,000 |
| Repurchase of common stock | 0 | 713 |
| Cash dividend paid on common stock | 1,786 | 3,560 |
| Payments related to tax-withholding for vested restricted stock awards | 0 | 757 |
| Net cash provided by financing activities | 41,903 | 177,413 |
| Net change in cash and cash equivalents | -38,640 | 70,445 |
| Cash and cash equivalents at beginning of period | 134,943 | - |
| Cash and cash equivalents at end of period | 166,748 | - |
OP Bancorp (OPBK)
OP Bancorp (OPBK)