secwatch.observer — SEC 8-K summary
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Issuer:     OptimumBank Holdings, Inc. (OPHC)
CIK:        0001288855
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001641172-25-022422
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OptimumBank Q2 net income $3.6M, EPS $0.29; NIM expands to 4.32%, deposits up $25.9M
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- Net earnings $3.60M ($0.31 basic, $0.29 diluted EPS) vs $3.87M in Q1 and $3.50M in Q2 2024.
- Net interest margin improved to 4.32% from 4.06% in Q1 and 3.79% in Q2 2024; cost of interest-bearing liabilities fell to 3.49%.
- Total deposits grew $25.93M to $878.87M; noninterest-bearing demand deposits increased to $259.82M from $235.78M.
- Nonaccrual loans dropped sharply to $3.22M from $7.51M at March 31, 2025; loans decreased $15.68M due to payoffs.
- Tier 1 capital ratio 11.89%; tangible book value per share $9.48, up from $9.19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288855/000164117225022422/0001641172-25-022422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288855/000164117225022422/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-022422

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