OP Bancorp
For the period ended Jun 30, 2024. Filed Aug 14, 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.
Jun 30, 2024 · Filed Aug 14, 2024
OPBK$14.76-0.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders' Equity
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited)
| Three Months Ended | ||||||
|---|---|---|---|---|---|---|
| Common Stock · AdditionalPaid-inCapital · RetainedEarnings · AccumulatedOtherComprehensiveLoss · Total Shareholders’Equity | ||||||
| ($ in thousands, except per share data) · SharesOutstanding · Amount | ||||||
| Balance at April 1, 2024 | 14,982,555 | $75,957 | $11,240 | $124,280 | $(16,752) | $194,725 |
| Net income | — | — | — | 5,436 | — | 5,436 |
| Other comprehensive loss | — | — | — | — | (381) | (381) |
| Stock issued under stock-based compensation plans, net of forfeiture | 58,047 | — | (116) | — | — | (116) |
| Stock-based compensation, net | — | — | 317 | — | — | 317 |
| Repurchase of common stock | (224,321) | (2,208) | — | — | — | (2,208) |
| Cash dividends declared ($0.12 per share) | — | — | — | (1,787) | — | (1,787) |
| Balance at June 30, 2024 | 14,816,281 | $73,749 | $11,441 | $127,929 | $(17,133) | $195,986 |
| Balance at April 1, 2023 | 15,286,558 | $79,475 | $10,056 | $109,908 | $(15,658) | $183,781 |
| Net income | — | — | — | 6,091 | — | 6,091 |
| Other comprehensive loss | — | — | — | — | (2,510) | (2,510) |
| Stock issued under stock-based compensation plans, net of forfeiture | 53,204 | — | (73) | — | — | (73) |
| Stock-based compensation, net | — | — | 314 | — | — | 314 |
| Repurchase of common stock | (221,494) | (2,011) | — | — | — | (2,011) |
| Cash dividends declared ($0.12 per share) | — | — | — | (1,822) | — | (1,822) |
| Balance at June 30, 2023 | 15,118,268 | $77,464 | $10,297 | $114,177 | $(18,168) | $183,770 |
| Six Months Ended | ||||||
|---|---|---|---|---|---|---|
| Common Stock · AdditionalPaid-inCapital · RetainedEarnings · AccumulatedOtherComprehensiveLoss · Total Shareholders’Equity | ||||||
| ($ in thousands, except per share data) · SharesOutstanding · Amount | ||||||
| Balance at January 1, 2024 | 15,000,436 | $76,280 | $10,942 | $120,855 | $(15,451) | $192,626 |
| Net income | — | — | — | 10,662 | — | 10,662 |
| Other comprehensive loss | — | — | — | — | (1,682) | (1,682) |
| Stock issued under stock-based compensation plans, net of forfeiture | 89,863 | 160 | (137) | — | — | 23 |
| Stock-based compensation, net | — | — | 636 | — | — | 636 |
| Repurchase of common stock | (274,018) | (2,691) | — | — | — | (2,691) |
| Cash dividends declared ($0.24 per share) | — | — | — | (3,588) | — | (3,588) |
| Balance at June 30, 2024 | 14,816,281 | $73,749 | $11,441 | $127,929 | $(17,133) | $195,986 |
| 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 | — | — | — | 13,625 | — | 13,625 |
| Other comprehensive income | — | — | — | — | (325) | (325) |
| Stock issued under stock-based compensation plans, net of forfeiture | 146,408 | 720 | (84) | — | — | 636 |
| Stock-based compensation, net | — | — | 638 | — | — | 638 |
| Repurchase of common stock | (298,484) | (2,582) | — | — | — | (2,582) |
| Cash dividends declared ($0.24 per share) | — | — | — | (3,654) | — | (3,654) |
| Balance at June 30, 2023 | 15,118,268 | $77,464 | $10,297 | $114,177 | $(18,168) | $183,770 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.