OP Bancorp (OPBK)

9.10 -0.16 (-1.78%) As of 03:43PM EDT. Market open.

OP Bancorp

1000 Wilshire Boulevard
Suite 500
Los Angeles, CA 90017
United States
213 892 9999
https://www.myopenbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 222

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Min Jung Kim	President, CEO & Director	1.15M	N/A	1960
Ms. Christine Yoon Oh	Executive VP, CFO & Corporate Secretary	459.03k	N/A	1967
Mr. Sang Kyo Oh	Executive VP & Chief Credit Officer	391.6k	N/A	1973
Mr. Ryan Shin	Executive Vice President and Chief SBA Officer of Open Bank	N/A	N/A	1974
Ms. Ki Won Yoon	Executive VP & Chief Lending Officer of Open Bank	N/A	N/A	1961
Mr. Ihnsuk J. Bang	Executive VP & Chief Banking Officer of Open Bank	359.49k	N/A	1967
Mr. Jae H. Park	Executive VP & Chief Risk Officer - Open Bank	N/A	N/A	1979

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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.

Corporate Governance

OP Bancorp’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.