OP Bancorp Annual Interest Expense in USD from 2016 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
OP Bancorp quarterly/annual Interest Expense history and growth rate from 2016 to 2023.
  • OP Bancorp Interest Expense for the quarter ending March 31, 2024 was $16.9M, a 58.2% increase year-over-year.
  • OP Bancorp Interest Expense for the twelve months ending March 31, 2024 was $59.2M, a 177% increase year-over-year.
  • OP Bancorp annual Interest Expense for 2023 was $53M, a 369% increase from 2022.
  • OP Bancorp annual Interest Expense for 2022 was $11.3M, a 261% increase from 2021.
  • OP Bancorp annual Interest Expense for 2021 was $3.13M, a 62.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $53M +$41.7M +369% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-29
2022 $11.3M +$8.17M +261% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-29
2021 $3.13M -$5.16M -62.2% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-29
2020 $8.29M -$6.22M -42.8% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-16
2019 $14.5M +$5.4M +59.2% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-18
2018 $9.11M +$4.54M +99.2% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-15
2017 $4.57M +$1.2M +35.7% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-16
2016 $3.37M Jan 1, 2016 Dec 31, 2016 10-K 2019-03-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.