OP Bancorp
For the period ended Mar 31, 2024. Filed May 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 15, 2024
OPBK$14.76-0.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders' Equity
clOP BANCORP AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited)
| ($ in thousands, except per share data) · Common Stock · AdditionalPaid-inCapital · RetainedEarnings · AccumulatedOtherComprehensiveLoss · Total Shareholders’Equity | ||||||
|---|---|---|---|---|---|---|
| SharesOutstanding · Amount | ||||||
| Balance at January 1, 2024 | 15,000,436 | $76,280 | $10,942 | $120,855 | $(15,451) | $192,626 |
| Net income | — | — | — | 5,226 | — | 5,226 |
| Other comprehensive loss | — | — | — | — | (1,301) | (1,301) |
| Stock issued under stock-based compensation plans, net of forfeiture | 31,816 | 160 | (21) | — | — | 139 |
| Stock-based compensation, net | — | — | 319 | — | — | 319 |
| Repurchase of common stock | (49,697) | (483) | — | — | — | (483) |
| Cash dividends declared ($0.12 per share) | — | — | — | (1,801) | — | (1,801) |
| Balance at March 31, 2024 | 14,982,555 | $75,957 | $11,240 | $124,280 | $(16,752) | $194,725 |
| Balance at January 1, 2023 | 15,270,344 | $79,326 | $9,743 | $105,690 | $(17,843) | $176,916 |
| Cumulative effect related to adoption of ASC 326, net of tax | — | — | — | (1,484) | — | (1,484) |
| Adjusted balance at January 1, 2023 | 15,270,344 | 79,326 | 9,743 | 104,206 | (17,843) | 175,432 |
| Net income | — | — | — | 7,534 | — | 7,534 |
| Other comprehensive income | — | — | — | — | 2,185 | 2,185 |
| Stock issued under stock-based compensation plans, net of forfeiture | 93,204 | 720 | (11) | — | — | 709 |
| Stock-based compensation, net | — | — | 324 | — | — | 324 |
| Repurchase of common stock | (76,990) | (571) | — | — | — | (571) |
| Cash dividends declared ($0.12 per share) | — | — | — | (1,832) | — | (1,832) |
| Balance at March 31, 2023 | 15,286,558 | $79,475 | $10,056 | $109,908 | $(15,658) | $183,781 |
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