Company Description
OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California.
It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit.
The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice.
In addition, it offers debit and credit card, online transfer and bill payment, electronic delivery of customer statements, and mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay; direct deposits, cashier’s checks, person to person payments, wire transfers, and automated clearing house (ACH) services; and cash management services, including balance reporting, transfers between accounts, wire transfer initiation, ACH origination, and stop payment services, as well as remote deposit capture, positive pay, zero balance accounts, and sweep accounts.
The company operates full branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Gardena, Buena Park, and Santa Clara in California; and Carrollton, Texas; and operates loan production offices in Pleasanton, California; Atlanta, Georgia; Aurora, Colorado; and Lynnwood in Washington.
The company was founded in 2005 and is headquartered in Los Angeles, California.
| Country | United States |
| Founded | 2005 |
| IPO Date | Mar 28, 2018 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 222 |
| CEO | Min Kim |
Contact Details
Address: 1000 Wilshire Boulevard, Suite 500 Los Angeles, California 90017 United States | |
| Phone | 213 892 9999 |
| Website | myopenbank.com |
Stock Details
| Ticker Symbol | OPBK |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001722010 |
| CUSIP Number | 67109R109 |
| ISIN Number | US67109R1095 |
| Employer ID | 81-3114676 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| Min Jung Kim | President, Chief Executive Officer and Director |
| Christine Yoon Oh | Executive Vice President and Chief Operating Officer |
| Jaehyun H. Park | Executive Vice President and Chief Financial Officer |
| Ryan Shin | Executive Vice President and Chief SBA Officer of Open Bank |
| Ki Won Yoon | Executive Vice President and Chief Lending Officer of Open Bank |
| Ihnsuk J. Bang | Executive Vice President and Chief Banking Officer of Open Bank |
| Yeong Gwon Pak | Executive Vice President and Chief Credit Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 28, 2025 | 10-K | Annual Report |
| Mar 17, 2025 | NT 10-K | Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 |
| Mar 4, 2025 | 8-K | Current Report |
| Jan 23, 2025 | 8-K | Current Report |
| Dec 13, 2024 | 8-K | Current Report |
| Nov 14, 2024 | 10-Q | Quarterly Report |
| Oct 24, 2024 | 8-K | Current Report |
| Aug 23, 2024 | 8-K | Current Report |
| Aug 14, 2024 | 10-Q | Quarterly Report |
| Jul 25, 2024 | 8-K | Current Report |