Company Description
OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services.
The company offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit.
It 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, the company 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.
It operates full branch offices in Los Angeles, Orange, and Santa Clara Counties in California; the Dallas metropolitan area in Texas; Clark County in Nevada; and operates loan production offices in Pleasanton, California; Atlanta, Georgia; Aurora, Colorado; Lynnwood, Washington; and Fairfax, in Virginia.
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 | 231 |
| 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 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 |
| Jae H. Park | Executive Vice President and Chief Risk Officer - Open Bank |
| Yeong Gwon Pak | Executive Vice President and Chief Credit Officer |
| Wesley Won | Executive Vice President and Chief Technology Officer of Bank |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 24, 2025 | 8-K | Current Report |
| 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 |