Open Bank: Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Problem loans are rising at Open Bank. The Los Angeles, California bank had $2.7 billion in assets at June 30, 2026, up 7.1% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.76% of loans from 0.43% a year earlier. It holds about half of its deposits (50%) above the FDIC insurance limit, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 30.9%). It also keeps 3.14 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).
Net income for the quarter rose 29% from a year earlier, to $8.5 million. The non-owner-occupied commercial real estate book ($652 million) is worsening: 4.56% of it is past due or on nonaccrual, up from 2.92% a year earlier.
As of June 30, 2026, Open Bank reported a CET1 capital ratio of 12.10%, a return on assets of 1.25%, a nonperforming-loan ratio of 2.18% and a Texas ratio of 5.92%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 1000 Wilshire Blvd, Los Angeles, CA 90017
- County
- Los Angeles
- Metro Area
- Los Angeles-Long Beach-Anaheim, CA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- June 10, 2005
- Offices
- 17 domestic
- Employees (FTE)
- 256
- Domestic deposits
- $2.37B
- Allowance for credit losses
- $28.1M
- Net charge-offs (YTD)
- $144K
- Average total assets
- $2.71B
- Average total loans
- $2.25B
- Average interest-bearing deposits
- $1.80B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- June 10, 2005
- FDIC Cert
- 57944
- Fed RSSD
- 3357219
- SEC CIK
- 1722010 → filed by OP BANCORP
- Website
- www.myopenbank.com →
- Parent Holding Company
- OP BANCORP (RSSD 4980409) · OPBK
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Oh Sang Kyo | CEO | Chief Executive Officer |
| Jaehyun Park | CFO | Chief Financial Officer |
| Oh Christine Yoon | COO | Chief Operating Officer |
| Jae H. Park | CRO | Chief Risk Officer |
| Wesley Won | CTO | Chief Technology Officer |
| Pak Yeong Gwon | CCO | Chief Credit Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Open Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Open Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Open Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Metric pages for Open Bank: Uninsured deposits.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.10% | 1.25% | 2.18% | 5.92% | 3.14% |
| Q1 2026 | 11.93% | 1.15% | 2.27% | 6.41% | 3.23% |
| Q4 2025 | 12.05% | 1.14% | 1.78% | 5.03% | 3.29% |
| Q3 2025 | 10.81% | 1.07% | 1.60% | 5.35% | 3.26% |
| Q2 2025 | 10.90% | 1.03% | 1.36% | 4.29% | 3.21% |
| Q1 2025 | 10.99% | 0.95% | 1.46% | 5.61% | 2.97% |
| Q4 2024 | 11.25% | 0.87% | 1.34% | 4.63% | 2.95% |
| Q3 2024 | 11.47% | 0.96% | 0.85% | 2.86% | 2.94% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 12 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Open Bank (main office) | Los Angeles , CA | 90017 | $832.5M |
| Buena Park Branch | Buena Park , CA | 90621 | $281.9M |
| Olympic Branch | Los Angeles , CA | 90006 | $230.6M |
| Western Branch | Los Angeles , CA | 90020 | $218.4M |
| Fashion District Branch | Los Angeles , CA | 90021 | $210.5M |
| Aroma Branch | Los Angeles , CA | 90010 | $184.0M |
| Gardena Branch | Gardena , CA | 90249 | $131.4M |
| Santa Clara Branch | Santa Clara , CA | 95051 | $87.0M |
| Cerritos Office Branch | Cerritos , CA | 90703 | $63.7M |
| Spring Mountain Office Branch | Las Vegas , NV | 89146 | $58.8M |
| Carrollton Branch | Carrollton , TX | 75006 | $44.5M |
| Garden Grove Branch | Garden Grove , CA | 92844 | $26.2M |
Regulatory record
What the public regulatory sources show for Open Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.1% of deposits in CA, rank 60 of 171 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 239 applications, 26 loans originated, $62.9M originated, across 3 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 113 loans, $197.6M approved, $1.7M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Open Bank
What are Open Bank's total assets?
As of the Q2 2026 filing, Open Bank reported total assets of $2.75 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Open Bank headquartered?
Open Bank is headquartered in Los Angeles, CA, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was Open Bank founded?
Open Bank was established in 2005, per the FDIC institution directory.
Is Open Bank FDIC-insured?
Yes. Open Bank is an FDIC-insured commercial bank (FDIC Certificate #57944). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Open Bank?
Open Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Open Bank's CET1 capital ratio?
Open Bank reported a Common Equity Tier 1 (CET1) capital ratio of 12.10% in its Q2 2026 call report, above regulatory requirements.
How many branches does Open Bank operate?
Open Bank operates 17 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Open Bank's Texas Ratio?
Open Bank's Texas Ratio is 5.92% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
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