OP Bancorp OPBK

Company Overview

OP Bancorp is the bank holding company for Open Bank, a California state-chartered commercial bank focused primarily on serving small- and medium-sized businesses, entrepreneurs, and retail customers within the Korean-American community and broader multicultural markets in the United States. The company operates in the regional banking industry and generates revenue primarily through interest income from commercial real estate loans, commercial and industrial lending, Small Business Administration (SBA) loans, residential real estate lending, and deposit-related banking services.

The company was founded in 2005 and is headquartered in Los Angeles, California. Since its formation, OP Bancorp has expanded from a community-focused banking institution into a multi-state regional bank with operations across key metropolitan areas with significant Korean-American business activity. Its strategic positioning is centered on relationship banking, multilingual customer service capabilities, and specialization in SBA and commercial lending. Public filings and banking disclosures indicate that the company has historically emphasized conservative underwriting standards and community-oriented banking relationships as differentiators within the competitive regional banking market.