OP Bancorp
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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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.
Sep 30, 2025 · Filed Nov 7, 2025
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4 — Premises and Equipment
Note 4 —Premises and Equipment
The following table presents information regarding the premises and equipment as of September 30, 2025 and December 31, 2024:
| ($ in thousands) | September 30, 2025 | December 31, 2024 |
|---|---|---|
| Leasehold improvements | $10,982 | $10,019 |
| Furniture and fixtures | 5,416 | 4,902 |
| Equipment and others | 5,052 | 3,831 |
| Total premises and equipment | 21,450 | 18,752 |
| Accumulated depreciation | (14,455) | (13,303) |
| Total premises and equipment, net | $6,995 | $5,449 |
Total depreciation expense included in occupancy and equipment expenses were $411 thousand and $335 thousand for the three months ended September 30, 2025 and 2024, respectively, and $1.2 million and $1.0 million for the nine months ended September 30, 2025 and 2024, respectively.
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