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 | Ms. Min Jung Kim |
Contact Details
Address: 1000 Wilshire Blvd., Suite 500 Los Angeles, California 90017 United States | |
| Phone | 213-892-1192 |
| Website | myopenbank.com |
Stock Details
| Ticker Symbol | OPBK |
| Exchange | NASDAQ |
| 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, Chief Financial Officer and Corporate Secretary |
| Sang Kyo Oh | Executive Vice President and Chief Credit 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 |
| Jae H. Park | Executive Vice President and Chief Risk Officer - Open Bank |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 29, 2024 | 10-K | Annual Report |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 25, 2024 | 8-K | Current Report |
| Nov 13, 2023 | 10-Q | Quarterly Report |
| Oct 27, 2023 | 8-K | Current Report |
| Aug 28, 2023 | 8-K | Current Report |
| Aug 9, 2023 | 10-Q | Quarterly Report |
| Jul 27, 2023 | 8-K | Current Report |
| Jun 23, 2023 | 8-K | Current Report |