Highest-materiality recent filing
OptimumBank issues $35M subordinated notes, 7.5% fixed-to-floating due 2036
Sold $35.0M aggregate principal of 7.50% Fixed-to-Floating Rate Subordinated Notes due 2036 at 100% face value.
OptimumBank posts record Q2 earnings, tops $1.4B assets; CEO transition completed
Record Q2 2026 earnings; total assets surpassed $1.4B for first time in company history.
OptimumBank Q2 2026 net income $6.7M, up 85% YoY; diluted EPS $0.28
Net income $6.7M ($0.40 basic, $0.28 diluted) vs $3.6M ($0.31 basic, $0.15 diluted) in Q2 2025.
OptimumBank Holdings CEO Terry retires; Chairman Gubin appointed CEO, Smith named President
Timothy Terry retired as CEO of OptimumBank Holdings and OptimumBank on May 1, 2026; will assist with transition.
Shareholders elect six directors, approve nonvoting common stock at OptimumBank annual meeting
Elect directors: Moishe Gubin, Joel Klein, Avi Zwelling, Thomas Procelli, Michael Blisko, Steven Newman (each >94% support).
OptimumBank Q1 net income $4.7M ($0.20 diluted EPS), up 20% YoY; assets grow 14% QoQ
Net income $4.7M vs $3.9M YoY; diluted EPS $0.20 vs $0.17 YoY.
OptimumBank forms OptimumFunding subsidiary for HUD/FHA lending platform
Wholly-owned subsidiary OptimumFunding, LLC created to originate HUD- and FHA-insured loans.
OptimumBank Q4 net earnings $4.85M ($0.21 diluted EPS); FY2025 net $16.64M ($0.71 diluted EPS)
Q4 net earnings $4.85M ($0.21 diluted EPS), up from $3.95M ($0.18) in Q4 2024 and $4.32M ($0.18) in Q3 2025.
Michael Blisko exchanged 65 Series B Convertible Preferred Stock shares for 531,178 newly issued Company common shares.
OptimumBank Holdings releases presentation on unaudited FY2025 results
Presentation describes unaudited results for the year ended December 31, 2025.
OptimumBank Q3 2025 net earnings $4.32M, up 20% QoQ; deposits grow 9%
Q3 net earnings $4.32M ($0.18 diluted EPS) vs $3.60M in Q2 2025 and $3.30M in Q3 2024.
OptimumBank Holdings releases unaudited nine-month results presentation; no figures in 8-K text
Filing on Oct 16, 2025 references a presentation on unaudited results for period ended Sep 30, 2025.
OptimumBank amends Series B preferred stock to conform to Series C; diluted share count affected
Effective Oct 1, 2025, articles of incorporation amended to restate Series B preferred terms to match Series C.
OptimumBank corrects earnings-call guidance, targets $1.5-1.6B assets by 2026
Correction: prior earnings call mistakenly gave 2025 projection; actual projection is for 2026.
OptimumBank Q2 net income $3.6M, EPS $0.29; NIM expands to 4.32%, deposits up $25.9M
Net earnings $3.60M ($0.31 basic, $0.29 diluted EPS) vs $3.87M in Q1 and $3.50M in Q2 2024.
OptimumBank files Q2 2025 earnings presentation; no financial data in body
Presentation covers unaudited results for period ended June 30, 2025.
OptimumBank adds A.G.P./Alliance Global Partners as agent for ATM equity program
Amendment No. 1 to At Market Issuance Sales Agreement dated July 1, 2025, adds A.G.P./Alliance Global Partners as Agent.
Filed a presentation under Item 7.01 covering unaudited results for period ended March 31, 2025.
OptimumBank Holdings promotes Elliot Nunez to CFO; Joel Klein retires as interim CFO
Elliot Nunez, 58, promoted to Executive VP and CFO of OptimumBank Holdings, effective May 1, 2025.
All six director nominees elected with >6.1M votes each; broker non-votes of 2,140,786.
OptimumBank Holdings releases investor presentation covering FY2024 and Q1 2025 results
Presentation filed as Exhibit 99.1 describes FY2024 and unaudited Q1 2025 results.
OptimumBank reports 2024 net income $13.1M, up 108% from $6.3M; EPS $1.39 basic
Net income $13.1M ($1.39 basic EPS) vs $6.3M ($0.87) in 2023, doubling YoY.
Director Martin Z. Schmidt resigns from OptimumBank Holdings boards effective Jan 28, 2025
Martin Z. Schmidt resigned from the boards of OptimumBank Holdings, Inc. and OptimumBank effective January 28, 2025.
OptimumBank releases presentation on unaudited 2024 results; specific figures not detailed in filing
Presentation covers unaudited results for period ended December 31, 2024.
OptimumBank transfers stock listing from Nasdaq to NYSE American effective Dec 31, 2024
Ticker OPHC unchanged; last trade on Nasdaq Dec 30, first trade on NYSE American Dec 31, 2024.
OptimumBank Q3 net income $3.3M, EPS $0.34; net interest income +51.5% YoY
Net income rose to $3.3M ($0.34 basic, $0.32 diluted) from $1.2M ($0.18) in Q3 2023.
OptimumBank Holdings releases Q3 2024 unaudited results presentation
Presentation filed as Exhibit 99.1 covers unaudited results for period ended September 30, 2024.
OptimumBank releases Q2 2024 presentation; no specific figures in filing text
Filing includes Exhibit 99.1, a presentation on unaudited results for the period ended June 30, 2024.
OptimumBank Holdings reports shareholder vote results from 2024 annual meeting
Meeting held May 30, 2024; 7,355,282 shares present (76.34% of 9,634,821 outstanding).
OptimumBank Q1 net earnings double to $2.38M; loan portfolio up 50% YoY
Net earnings of $2.377M vs $1.153M in Q1 2023, a 106% increase.
Company released a presentation on May 6, 2024 covering unaudited Q1 2024 results.
OptimumBank releases Q1 2024 presentation; no specific financial data provided
Filed presentation on April 22, 2024, covering unaudited Q1 2024 results.
Raises $7.9M through private placement of common and preferred stock
Issued 1,511,025 common shares and 525,641 Series C preferred shares at $3.90 each, gross proceeds $7,942,997.
OptimumBank Holdings releases presentation on unaudited FY2023 results; no specific figures provided
Presentation released February 6, 2024, summarizing unaudited results for year ended December 31, 2023.
OptimumBank 2023 net income $7.3M; assets up 36% to $791M; SBA lending goal $50M
Net income for the Bank was $7,254,285 in 2023; shareholder equity $70M.
OptimumBank assets exceed $755.7M; core earnings up to $1.41M; SBA lending approved
Total assets reached $755.7M as of Oct 2023, up $43M from prior month; net loans increased $26M.
OptimumBank assets exceed $712M in Q3 2023, up $612M over five years
Assets exceeded $712 million at Q3 2023, up from $99.45 million five years ago.
OptimumBank Holdings elects Steven Newman as director, sells 17,000 shares at $4.50 each
Steven Newman elected to board to fill vacancy from Heng Fai Ambrose Chan's resignation; term expires at 2023 annual meeting.
Director Chan Heng Fai Ambrose resigns from OptimumBank board
Chan Heng Fai Ambrose resigned as director effective April 30, 2022.
OptimumBank Holdings raises ~$2.1M via private placements of common stock
Issued 262,417 shares in June 2021: 23,529 at $4.25, rest at $4.50 per share to four accredited investors.
OptimumBank completes exchange offer, retires all remaining TruPS with 689,572 shares
Issued 689,572 common shares at $3.00/share to retire $2,068,716 of Trust Preferred Securities (TruPS).
OptimumBank Holdings raises $2.1M via private placement of 467,740 shares at $4.50
Issued 467,740 shares at $4.50/share to seven accredited investors for aggregate proceeds of $2,104,830.
Effective the same date: (i) the Company appointed its Chairman of the Board, Moishe Gubin, as its Chief Executive Officer and principal executive officer; and (ii) the Bank appointed Mr. Gubin as its Chief Executive Officer.
Also effective the same date, the Bank appointed Braden R. Smith as its President.
On May 1, 2026, Timothy Terry retired as principal executive officer of OptimumBank Holdings, Inc. (the “Company”) and as President and Chief Executive Officer of its wholly-owned subsidiary, OptimumBank.
Also on May 1, 2025, Joel Klein retired as the Company’s interim Chief Financial Officer.
On May 1, 2025, OptimumBank Holdings, Inc. (the “Company”) promoted Elliot Nunez, age 58, to serve as Executive Vice President and Chief Financial Officer of the Company.
Effective January 28, 2025, Martin Z. Schmidt resigned from the Boards of Directors of OptimumBank Holdings, Inc. and OptimumBank.
On August 23, 2022, the Board of Directors of OptimumBank Holdings, Inc. (the “Company”) elected Steven Newman as a director to fill the vacancy resulting from the earlier resignation of director Heng Fai Ambrose Chan.
the earlier resignation of director Heng Fai Ambrose Chan
On April 30, 2022, Chan Heng Fai Ambrose resigned as a director of OptimumBank Holdings, Inc. (the “Company”).
Max materiality 0.80 · Median 0.45 · Most common event other_material