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OP Bancorp

For the period ended Mar 31, 2026. Filed May 15, 2026.

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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, 2026 · Filed May 15, 2026

OPBK$14.93+1.2%Stored close · as of Nov 9, 2026

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13 — Earnings Per Share

Note 13 —Earnings Per Share

The following table presents the calculation of the basic and diluted EPS for the three months ended March 31, 2026 and 2025. For more information on the calculation of EPS, see Note 1. Significant Accounting Policies to the Consolidated Financial Statements in the 2025 Annual Report on Form 10-K:

Three Months Ended March 31,
($ in thousands, except share and per share data)20262025
Basic
Net income$7,234$5,560
Distributed and undistributed earnings allocated to participating securities—(74)
Net income allocated to common shares$7,234$5,486
Weighted-average number of common shares outstanding14,890,92914,857,234
Basic EPS$0.49$0.37
Diluted
Net income allocated to common shares$7,234$5,486
Weighted-average number of common shares outstanding14,890,92914,857,234
Add: Dilutive impact of unvested restricted stock awards (1)39,244—
Average shares and dilutive potential common shares14,930,17314,857,234
Diluted earnings per common share$0.48$0.37

(1)Approximately eight thousand weighted-average shares of anti-dilutive restricted stock awards were excluded from the diluted EPS computation for the three months ended March 31, 2026. No shares of common stock were antidilutive for the three months ended March 31, 2025.

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