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OP Bancorp (OP Bancorp) Scaled Net Operating Assets : -0.01 (As of Mar. 2024)


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What is OP Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

OP Bancorp's operating assets for the quarter that ended in Mar. 2024 was $1,907.95 Mil. OP Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was $1,925.18 Mil. OP Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $2,147.73 Mil. Therefore, OP Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.01.

OP Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

OP Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(2056.514-1840.763)/2094.497
=0.10

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2147.73 - 91.216
=2056.514

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1955.104 - 114.341 - 0
=1840.763

OP Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1907.954-1925.181)/2147.73
=-0.01

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2234.52 - 326.566
=1907.954

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2039.795 - 114.614 - 0
=1925.181

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

OP Bancorp Scaled Net Operating Assets Related Terms

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OP Bancorp (OP Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (NAS:OPBK) » Definitions » Scaled Net Operating Assets
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FCCO PWOD BVFL ISBA MBLU PEBK FUNC EVBN MRBK FINW NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017
Website
https://www.myopenbank.com
OP Bancorp is engaged in the financial service domain in the United States. It is a holding company of the Open Bank, which is a California state-chartered an FDIC-insured financial institution. The company core activities reflect accepting deposits and making loans and investments. Its deposit products are demand and time deposits, and the primary lending products are commercial business loans which are offered to small and medium-sized businesses.
Executives
Hyung J Kim director 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Sunny Kwon director 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Yong Sin Shin director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Brian Choi director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ock Hee Kim director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ryan Shin officer: Chief SBA Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Jae H. Park officer: Chief Risk Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ki Won Yoon officer: Chief Lending Officer 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Kathrine Duncan officer: Chief Risk Officer 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ihnsuk Jimmy Bang officer: Chief Banking Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ernest Dow director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Christine Yoon Oh officer: Chief Financial Officer 3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Myung Park director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Jason Hwang director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Sang Kyo Oh officer: CHIEF CREDIT OFFICER 1000 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90017