secwatch.observer — SEC 8-K summary
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Issuer:     OptimumBank Holdings, Inc. (OPHC)
CIK:        0001288855
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0001493152-26-018855
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OptimumBank Q1 net income $4.7M ($0.20 diluted EPS), up 20% YoY; assets grow 14% QoQ
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- Net income $4.7M vs $3.9M YoY; diluted EPS $0.20 vs $0.17 YoY.
- Net interest margin 4.49%, up 10bps QoQ and 43bps YoY; net interest income $13.2M.
- Gross loans $1.09B, up 13.8% QoQ; deposits $1.09B, up 17.3% QoQ.
- Noninterest expenses $8.0M, up from $6.7M Q4 2025, driven by compensation costs.
- Tangible book value $10.43 per share (down QoQ due to preferred conversion); diluted TBV $5.37 (+14.9% annualized).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288855/000149315226018855/0001493152-26-018855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288855/000149315226018855/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-018855

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer