OP BANCORP (OTCMKTS:OPBK) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
Results of Operations and Financial Condition
On January25, 2019, OP Bancorp, (the “Company”), the bank holding company of Open Bank (the “Bank”) issued a press release announcing preliminary unaudited results for the fourth quarter ended December 31, 2018.A copy of the press release is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
On January25, 2019, OP Bancorp, (the “Company”), the bank holding company of Open Bank (the “Bank”) issued a press release announcing that its Board of Directors declared a quarterly cash dividend of $0.05 per common share. The cash dividend is payable on or about February 21, 2019 to all stockholders of record as of the close of business on February 7, 2019.
The news release also announced the board approval of a stock repurchase program that authorizes the company to repurchase up to 400,000 shares of its common stock in open market. A copy of the press release is attached as Exhibit 99.2. to this Current Report and is incorporated herein by reference.
The information in this report set forth under Item 2.02 and Item 2.02 of form 8-K and the exhibits hereto shall not be treated as “filed” for purposes of Section18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference into any registration statement or other document to the Securities Act of 1933 or the Securities Act of 1934, except as expressly stated by specific reference in any such filing.
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Item 2.02. |
Financial Statements and Exhibits |
(D)Exhibits.
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99.1 |
Press Release of OP Bancorp, issued January25, 2019, entitled “OP Bancorp Reports Fourth Quarter and Year End Financial Results for 2018”. |
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99.2 |
Press Release of OP Bancorp, issued January25, 2019, entitled “OP Bancorp Declares Quarterly Cash Dividend of $0.05 per Share and Announces Stock Repurchase Program”. |
EXHIBIT INDEX
OP Bancorp Exhibit
EX-99.1 2 opbk-ex991_6.htm EX-99.1 opbk-ex991_6.htm Exhibit 99.1 OP Bancorp Reports Fourth Quarter and Year End Financial Results for 2018 2018 Fourth Quarter Highlights: • Net income totaled $3.8 million or $0.23 per diluted common share,…
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