OptimumBank Holdings, Inc. Financial Performance for the Second Quarter of 2026

Rhea-AI Summary

OptimumBank Holdings (NYSE American: OPHC) reported second quarter 2026 net income of $6.7 million, or $0.40 basic and $0.28 diluted EPS, up from $4.7 million in 1Q26 and $3.6 million in 2Q25. For the first six months of 2026, net income was $11.3 million versus $7.5 million a year earlier, driven by an $8.2 million increase in net interest income and $1.2 million higher noninterest income, partly offset by higher expenses and taxes.

Quarterly ROAA reached 2.04% and ROAE 20.34%. Net interest margin rose to 4.57%. Total assets grew to $1.4 billion, deposits to $1.2 billion, and gross loans to $1.2 billion. Equity increased to $134.4 million. Credit metrics included a $0.4 million credit loss reversal, net charge-offs of $11,000, and an allowance for credit losses of $11.0 million (0.91% of loans). The Tier 1 leverage ratio was 10.54%. The company also completed a leadership transition and initiated lending through OptimumFinance, LLC, which funded its first $14.2 million loan.

Positive

• Net income $6.7M in 2Q26, up from $4.7M in 1Q26 and $3.6M in 2Q25
• Six‑month 2026 net income $11.3M vs. $7.5M for six months 2025
• Net interest income $14.7M, up $1.5M QoQ and $4.5M YoY in 2Q26
• Net interest margin 4.57%, up 8 bps vs. 1Q26 and 25 bps vs. 2Q25
• Loans and deposits each reached ~$1.2B, with QoQ growth of 11.6% and 11.1%
• ROAA 2.04% and ROAE 20.34% (annualized) in 2Q26
• Efficiency ratio improved to 48.78% from 53.47% in 1Q26
• Credit loss reversal $0.4M with net charge‑offs only $11,000
• Fully diluted tangible book value per share rose to $5.65 from $5.37 QoQ

Negative

• Interest expense $7.0M in 2Q26, up from $6.3M in 1Q26 and $5.3M in 2Q25
• Noninterest expenses increased to $8.4M, up $0.4M QoQ mainly from compensation
• Tier 1 leverage ratio declined to 10.54% from 10.74% in 1Q26 due to strong asset growth
• Loan‑to‑deposit ratio 99.20%, higher than 88.13% in 1Q26 and 83.67% in 2Q25
• OptimumFinance $14.0M note payable to fund first loan is guaranteed by the company

News Explained

The quarter left 11,458,351 nonvoting common shares outstanding and a $14.0 million subsidiary note payable guaranteed by the company.

The July 24, 2026 release reports that Series B and C preferred shares were exchanged for nonvoting common stock during the second quarter; as of June 30, the company reported 11,458,351 nonvoting common shares, and said the exchange affected diluted shares.

In plain terms, the completed exchange changes the company’s reported equity mix by placing those securities in the nonvoting common-share class rather than leaving them as preferred shares.

Separately, OptimumFinance issued a $14.0 million note payable to fund its first loan, and the company guaranteed that note, creating a disclosed parent-backed obligation alongside the subsidiary’s lending activity.

News Market Reaction – OPHC

+5.35% 12.0x vol

5 alerts

+5.35% Session close to close

$74.59M Market Cap

12.0x Rel. Volume

In the Jul 24 session, OPHC gained 5.35%, reflecting a notable positive market reaction. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. Trading volume was exceptionally heavy at 12.0x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +5.3% in the session following this news. Historical event 1059665 recorded a 0.92% ...

Analysis

The stock moved +5.3% in the session following this news. Historical event 1059665 recorded a 0.92% 24-hour reaction, adding context to this quarter’s earnings, margin, and balance-sheet expansion. Low short positioning remained a sourced volatility-risk consideration.

Key Figures

Net income: $6.7 million Diluted EPS: $0.28 Six-month net income: $11.3 million +5 more

8 metrics

Net income $6.7 million 2Q26, compared with $4.7 million in 1Q26 and $3.6 million in 2Q25

Diluted EPS $0.28 2Q26, compared with $0.20 in 1Q26 and $0.15 in 2Q25

Six-month net income $11.3 million Six months ended June 30, 2026, compared with $7.5 million in 2025

Net interest income $14.7 million 2Q26, up $1.5 million from 1Q26 and $4.5 million from 2Q25

Net interest margin 4.57% 2Q26, compared with 4.49% in 1Q26 and 4.32% in 2Q25

Gross loan portfolio $1.2 billion June 30, 2026, after a $126.2 million or 11.6% quarterly increase

Total deposits $1.2 billion June 30, 2026, after a $121.2 million or 11.1% quarterly increase

Tier 1 Leverage Ratio 10.54% June 30, 2026

Historical Context

5 past events · Latest: May 19 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 19	Bank recognition	Positive	+0.9%	Community bank recognition highlighted profitability, efficiency, and balance sheet strength.
May 18	Investor presentation	Positive	+0.2%	Presentation highlighted rankings, prior returns, and newly initiated equity research coverage.
May 05	Leadership transition	Positive	+1.6%	Chairman Moishe Gubin became CEO as Braden Smith joined as bank president.
Apr 27	Annual performance	Positive	+0.7%	Annual results highlighted record performance, strong returns, and improved net interest margin.
Apr 24	1Q26 earnings	Positive	+1.7%	First-quarter results showed earnings growth, balance sheet expansion, and solid credit quality.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

All five selected prior news events had positive 24-hour reactions, indicating repeated positive alignment in the supplied history.

Key Terms

roaa, roae, net interest margin, tier 1 leverage ratio, +1 more

5 terms

roaa financial

"Return on Average Assets (“ROAA”) was 2.04% for the second quarter of 2026"

Return on Average Assets (ROAA) measures how efficiently a company turns its assets into profit by dividing net profit over a period by the average total assets it held during that period. It matters to investors because it shows whether a business is getting a good return from what it owns—like judging a car’s fuel efficiency by miles per gallon—helping compare profitability across companies of different sizes.

roae financial

"Return on Average Equity (“ROAE”) was 20.34% for the second quarter of 2026"

ROAE stands for Return on Average Equity, a profitability ratio that shows how much net income a company generates for its owners relative to the average amount of shareholder equity invested over a period. It’s like measuring the interest rate a business pays its owners on the capital they’ve left in the company, with the ‘average’ smoothing out swings in equity during the year. Investors use ROAE to compare how efficiently different companies turn owner capital into profits and to assess management’s ability to deliver returns over time.

net interest margin financial

"Net interest margin was 4.57%, reflecting an 8 basis point increase"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

tier 1 leverage ratio regulatory

"The Bank’s capital levels remain strong, with a Tier 1 Leverage Ratio of 10.54%"

Tier 1 leverage ratio measures a bank’s core capital — the money that can absorb losses — as a share of its total assets, showing how much of its balance sheet is funded by real loss-absorbing capital rather than borrowed money. Investors use it like a safety gauge: a higher ratio means a bigger cushion against shocks and lower risk of insolvency, similar to how a thicker spare tire reduces the chance of being stranded.

net charge-offs financial

"resulting in net charge-offs of only $11,000 during the second quarter of 2026"

Net charge-offs are the amount of loans or credit a lender removes from its books as uncollectible after subtracting any money later recovered from previously written-off accounts. Think of it like a store writing off unpaid tabs but getting back a few dollars later — the net figure shows the real loss. Investors watch this to judge a lender’s loan quality, future profits and how much capital may be needed to cover bad debts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Fort Lauderdale, FL, July 24, 2026 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (NYSE American: OPHC) (the “Company”) is a financial holding company and owns 100% of OptimumBank (the “Bank”), a Florida-chartered commercial bank, OptimumHUD Loans, LLC (d/b/a as OptimumFunding, LLC), a wholly owned non-bank Bridge and HUD-lender and OptimumFinance, LLC, a non-bank, wholly owned financing subsidiary. The Company is pleased to announce net income of $6.7 million, or $0.40 per basic share, and $0.28 per diluted share, for the second quarter of 2026, compared to $4.7 million, or $0.39 per basic share, and $0.20 per diluted share in the first quarter of 2026 and $3.6 million, or $0.31 per basic share, and $0.15 per diluted share, for the comparable quarter last year. For the six months ended June 30, 2026, net income was $11.3 million, or $0.79 per basic share, and $0.48 per diluted share, compared to net income of $7.5 million, or $0.64 per basic share, and $0.32 per diluted share, for the six months ended June 30, 2025. The increase of $3.8 million in net income for the six-month ended June 30, 2026, compared to the same period in 2025, was primarily driven by a $8.2 million improvement in net interest income and $1.2 million increase in noninterest income, partially offset by a $4.6 million increase in noninterest expenses and the corresponding increase in income tax expense. Diluted shares include the impact of the exchange of Series B and C preferred shares to nonvoting common stock that occurred during the second quarter of 2026.

The Company will host a webcast call to discuss the results of the second quarter of 2026 on August 13, 2026, at 1:00pm ET. Those interested in viewing the Company’s presentation are encouraged to register for the live Webcast, at the following link: https://events.q4inc.com/attendee/432597526/guest?t=1784670390505. Company management will also be available to respond to questions at the conclusion of the presentation.

The Company continued with strong growth throughout the second quarter of 2026. The gross loan portfolio increased by $126.2 million, or 11.6%, from March 31, 2026 to $1.2 billion at June 30, 2026. Total deposits increased by $121.2 million from March 31, 2026, totaling $1.2 billion at June 30, 2026, or 11.1% from the prior quarter. This also represents growth of $335.2 million in total deposits since June 30, 2025, or an increase of 38.1%.

Highlights for the Second Quarter of 2026

	●	Net income of $6.7 million, or $0.40 per basic share, and $0.28 per diluted share (“diluted EPS”) for the quarter-ended June 30, 2026.
	●	Return on Average Assets (“ROAA”) was 2.04% for the second quarter of 2026, compared to 1.56% in the first quarter of 2026 (both annualized).
	●	Return on Average Equity (“ROAE”) was 20.34% for the second quarter of 2026, compared to 15.12% in the first quarter of 2026 (both annualized).
	●	Net interest margin was 4.57%, reflecting an 8 basis point increase from 4.49% in the first quarter of 2026.
	●	Total assets grew by $132.2 million to $1.4 billion from March 31, 2026.
	●	Total deposits increased by $121.2 million to $1.2 billion from March 31, 2026.
	●	Gross loans increased by $126.2 million during the quarter to $1.2 billion, compared to $1.1 billion at March 31, 2026.
	●	Total stockholders’ equity increased by $7.5 million to $134.4 million as of June 30, 2026, up from $126.9 million as of March 31, 2026, reflecting continued earnings retention.

During the second quarter, the Company successfully completed its previously announced leadership transition. Effective May 1, 2026, Moishe Gubin, who has served as Chairman of the Board for more than sixteen years, assumed the additional role of Chief Executive Officer. Having played a central role in the Company’s strategic direction, governance, and growth over the past decade and a half, Mr. Gubin brings deep institutional knowledge and a thorough understanding of the Bank’s operations, customers, and long-term objectives. At the same time, Braden R. Smith joined the Bank as President, while Timothy Terry retired following thirteen years of dedicated service and continues to support the orderly transition of responsibilities. Together, the Company’s experienced leadership team remains focused on executing its strategic growth initiatives and delivering long-term shareholder value.

“Our momentum continued to accelerate during the second quarter as we delivered another record quarter while executing on the strategic initiatives that position the Company for continued long-term growth,” said Chairman of the Board and Chief Executive Officer Moishe Gubin. “We delivered record quarterly earnings while continuing to generate exceptional loan and deposit growth, expand our net interest margin, and maintain strong credit quality. At the same time, we have begun executing on our strategy to expand into complementary financial services through OptimumFinance, further diversifying our platform for future growth. We remain focused on creating long-term value for our shareholders.”

Net interest income for the quarter-ended June 30, 2026 increased to $14.7 million, up by $1.5 million from the first quarter of 2026 and $4.5 million from the second quarter of 2025, supported by higher yields on loans and securities and lower costs on interest-bearing liabilities. The cost of interest-bearing liabilities was 3.30%, down by 19 basis points from 3.49% in the second quarter of 2025, while interest-earning asset yields rose 22 basis points to 6.75%. The Company’s net interest margin rose 25 basis points from the second quarter of 2025 to 4.57% as of quarter-ended June 30, 2026, a reflection of disciplined loan and deposit pricing strategy, prudent liquidity management, and balance sheet optimization.

Noninterest income for the quarter-ended June 30, 2026 increased to $2.5 million, or by $0.7 million from the prior quarter, primarily driven by an increase in gains on the sale of government guaranteed SBA loans and increases in service charges and fees related to banking services. Noninterest expenses increased to $8.4 million, or $0.4 million from the first quarter, primarily relating to an increase in employee compensation expenses. The Company’s efficiency ratio (non-GAAP measure) was 48.78% for the second quarter of 2026, consistent with prudent cost management amid balance sheet expansion and associated revenue expansion.

Credit loss reversal for the quarter-ended June 30, 2026 was $0.4 million, primarily due to improvements in the credit quality of the loan portfolio and the evaluation of factors used to determine the credit loss, partially offset by the growth in the loan portfolio. Gross charge-offs remained modest at $50,000 while recoveries totaled $39,000 resulting in net charge-offs of only $11,000 during the second quarter of 2026. The allowance for credit losses stood at $11.0 million as of June 30, 2026, or 0.91% of total loans.

Loan portfolio growth remained strong in the second quarter of 2026. Gross loans increased by $126.2 million from the prior quarter. Commercial real estate continued to expand, growing by $114.9 million in the second quarter. Additionally, there were increases in the consumer, land and construction, commercial, and residential portfolio segments, up $6.7 million, $5.3 million, $5.3 million, and $5.1 million, respectively. These gains were partially offset by a decline of $11.1 million in multi-family real estate.

The continued growth experienced in the loan portfolio is due to the implementation of our relationship-based banking model and the success of our lenders in competing for new business, as well as OptimumFinance, LLC commencing activity in the second quarter of 2026. OptimumFinance, LLC completed its first loan in the second quarter of 2026 for $14.2 million, and is expected to continue growing through 2026. During the quarter, OptimumFinance, LLC issued a $14.0 million note payable to fund its first loan which is guaranteed by the Company. OptimumFinance leveraged their balance sheet to attain the highest yield they could earn for the risk they took in the loan they made.

On the funding side, total deposits increased by $121.2 million to $1.2 billion from the first quarter of 2026, with strong sequential growth across all deposit categories. The Company had $25.0 million in Federal Home Loan Bank (“FHLB”) advances outstanding at June 30, 2026, a decrease of $15.0 million from March 31, 2026.

The Bank’s capital levels remain strong, with a Tier 1 Leverage Ratio of 10.54%, well above regulatory minimums. The Company remains well positioned to support continued growth and earnings momentum. The modest decline from the prior quarter of 20 basis points reflects strong asset growth, as capital deployment into earning assets outpaced retained earnings, while capital levels remain well above regulatory requirements.

The Company’s outlook remains constructive. During the first quarter of 2026, OptimumBank was ranked number 49 out of 3,465 U.S. community banks by S&P Global Market Intelligence, placing the Company among the top 1.4% nationwide. During the second quarter of 2026, the Company was named among the top 10% of publicly traded community banks in the nation in the Raymond James Community Bankers Cup. The Company’s growing visibility within the investment community was further demonstrated during the quarter as Alliance Global Partners and Brean Capital initiated equity research coverage with Buy ratings, while Compass Point upgraded its rating on the Company from Neutral to Buy. As a result, all three independent equity research firms currently covering the Company maintain Buy ratings. The Company continues to invest in technology, talent, and targeted growth initiatives that reinforce its position as one of the most dynamic and rapidly growing community banks in South Florida. We remain grateful for the trust and partnership of our shareholders, customers, and employees.

The following table presents the Company’s quarterly trends of the consolidated financial highlights (unaudited) for the periods presented (see below for a summary of non-GAAP reconciliation):

		Quarterly Trends																				2Q26 change vs
		2Q26				1Q26				4Q25				3Q25				2Q25				1Q26				2Q25
Selected Balance Sheet Data
Total assets		$	1,400,937			$	1,268,735			$	1,111,678			$	1,083,043			$	999,127			$	132,202			$	401,810
Total gross loans		$	1,217,083			$	1,090,894			$	958,793			$	813,722			$	784,564			$	126,190			$	432,519
Total deposits		$	1,214,045			$	1,092,883			$	931,750			$	959,487			$	878,865			$	121,162			$	335,180
Earnings Highlights
Net income		$	6,655			$	4,663			$	4,853			$	4,323			$	3,602			$	1,992			$	3,053
Diluted earnings per share (EPS)		$	0.28			$	0.20			$	0.21			$	0.18			$	0.15			$	0.08			$	0.13
Net interest income		$	14,697			$	13,190			$	11,871			$	11,048			$	10,242			$	1,507			$	4,455
Performance Ratios
Net interest margin			4.57	%			4.49	%			4.39	%			4.37	%			4.32	%			0.08	%			0.25	%
Net interest spread			3.45	%			3.36	%			3.11	%			2.98	%			3.08	%			0.09	%			0.37	%
Cost of interest-bearing liabilities			3.30	%			3.26	%			3.34	%			3.48	%			3.49	%			0.05	%			(0.19	)%
Efficiency ratio			48.78	%			53.47	%			49.59	%			50.68	%			51.18	%			(4.69	)%			(2.40	)%
Loan-to-deposit ratio			99.20	%			98.69	%			101.67	%			83.67	%			88.13	%			0.52	%			11.07	%
Return on (annualized)
Average assets (ROAA)			2.04	%			1.56	%			1.77	%			1.68	%			1.48	%			0.47	%			0.55	%
Average equity (ROAE)			20.34	%			15.12	%			16.23	%			15.17	%			13.10	%			5.22	%			7.24	%
Average tangible assets (ROTA)			2.04	%			1.56	%			1.77	%			1.68	%			1.48	%			0.47	%			0.55	%
Pre-tax pre-provision net revenue (PPNR)		$	8,801			$	6,968			$	6,855			$	6,426			$	5,895			$	1,833			$	2,906
Other Operating Measures
Common Shares outstanding - Voting			12,340,785				12,166,858				11,533,943				11,883,943				11,751,082				173,927				589,703
Common Shares outstanding - Nonvoting			11,458,351				-				-				-				-				11,458,351				11,458,351
Fully diluted shares outstanding			23,799,136				23,625,209				23,523,473				23,523,473				23,390,612				177,053				408,524
Fully diluted tangible book value per share		$	5.65			$	5.37			$	5.18			$	4.97			$	4.76			$	0.28			$	0.89
Tier 1 Capital to total assets			10.54	%			10.74	%			11.39	%			11.71	%			11.89	%			(0.20	)%			(1.35	)%

Financial Results

Statement of Income

Net income was $6.7 million for the second quarter of 2026, compared to net income of $4.7 million for the first quarter of 2026, and $3.6 million for the second quarter of 2025. The increase from the first quarter of 2026 was primarily due to an increase in interest income to $21.7 million, compared to $19.5 million in the first quarter, primarily driven by an increase in interest income on loans. Additionally, there was a $0.8 million decline in credit loss expense and a $0.7 million increase in noninterest income, partially offset by increases of $0.7 million and $0.4 million in interest expense and noninterest expense, respectively.

Total interest income was $21.7 million for the second quarter of 2026, compared to $19.5 million in the first quarter of 2026 and $15.6 million in the second quarter of 2025. The sequential growth was driven by a $2.3 million increase in interest income from loans. Compared to the second quarter of 2025, the increase was primarily due to a $338.6 million increase in average loan balances.

The following table depicts the components of interest income (unaudited) for the quarterly periods presented:

		Quarterly Trends																				2Q26 change vs
		2Q26				1Q26				4Q25				3Q25				2Q25				1Q26				2Q25
Interest income
Loans		$	20,386			$	18,114			$	15,437			$	14,082			$	14,026			$	2,272			$	6,360
Debt securities			204				191				164				153				158				13				46
Other			1,134				1,148				1,837				2,086				1,404				(14	)			(270	)
Total interest income		$	21,724			$	19,453			$	17,438			$	16,321			$	15,588			$	2,271			$	6,136

Interest expense totaled $7.0 million for the second quarter of 2026, compared to $6.3 million for the first quarter of 2026 and $5.3 million for the second quarter of 2025. Compared to the first quarter of 2026, the increase in interest expense was primarily attributable to a $73.8 million increase in average interest-bearing liability balances, and a four basis point increase in the cost of interest-bearing liabilities from 3.26% to 3.30%. Compared to the second quarter of 2025, there was a $158.9 million increase in average interest-bearing liability balances, with a 19 basis point decrease in the cost of interest-bearing liabilities, from 3.49% to 3.30%.

Net interest income was $14.7 million in the second quarter of 2026, up from $13.2 million in the first quarter of 2026 and $10.2 million in the second quarter of 2025. The quarter-over-quarter increase was primarily driven by growth in the average interest-earning assets of $98.2 million, partially offset by the increase in average interest-bearing liability balances and the higher cost on interest-bearing liabilities. On a year-over-year basis, the growth in net interest income was primarily attributable to a $338.6 million increase in average loan balances.

Net interest margin expanded to 4.57% for the second quarter of 2026, compared to 4.49% for the first quarter of 2026 and 4.32% for the second quarter of 2025. Compared to the first quarter of 2026, net interest margin increased by eight basis points, primarily driven by the increase in interest-bearing assets. Compared to the second quarter of 2025, net interest margin increased by 25 basis points, primarily attributable to a decrease in the cost of interest-bearing liabilities and an increase in loan yields.

The cost of interest-bearing liabilities was 3.30% in the second quarter of 2026, up from 3.26% in the first quarter of 2026 and down from 3.49% in the second quarter of 2025. The increase from the first quarter of 2026 was primarily due to a note payable issued by the OptimumFinance, LLC subsidiary during the quarter at 10.00% with an average balance of $10.9 million and modestly higher yields on savings, NOW, and money market deposits. Excluding the note payable impact, the cost of interest-bearing liabilities was 3.21%, or five basis points lower from the first quarter of 2026. Compared to the same quarter last year, the cost of interest-bearing liabilities decreased by 19 basis points. This reduction was due to a decrease in yields across the deposit portfolio with disciplined pricing following rate reductions partially offset by an increase in borrowings.

Credit loss expense was a $0.4 million reversal during the second quarter of 2026, compared to $0.8 million of expense in the first quarter of 2026, and $1.0 million of expense for the second quarter of 2025. The decrease in credit loss expense from the first quarter was primarily attributable to improvements in the credit quality of the loan portfolio and the evaluation of factors used to determine the credit loss, partially offset by the $132.1 million increase in gross loan balances. Gross charge-offs remained modest at $50,000 while recoveries totaled $39,000, resulting in net charge-offs of $11,000 during the second quarter of 2026. The Company’s allowance for credit losses stood at $11.0 million, or 0.91% of total loans, as of June 30, 2026 compared to 1.01% at March 31, 2026 and 1.19% at June 30, 2025.

Noninterest income totaled $2.5 million for the second quarter of 2026, up from $1.8 million in the prior quarter and $1.8 million in the second quarter of 2025. The quarter-over-quarter increase of $0.7 million was primarily driven by an increase in gains on the sale of government guaranteed SBA loans and increases in service charges and fees related to banking services. Compared to the same quarter last year, the $0.7 million increase in noninterest income was primarily related to increases in wire transfers, ACH fees on deposit payment transactions and gains on the sale of government guaranteed SBA loans.

Noninterest expenses totaled $8.4 million for the second quarter of 2026, compared to $8.0 million in the first quarter of 2026 and $6.2 million in the second quarter of 2025. Compared to the first quarter of 2026, the increase of $0.4 million primarily relates to a $0.3 million increase in employee compensation expenses. Compared to the second quarter of 2025, the increase of $2.2 million includes increases of $1.5 million, $0.4 million, and $0.2 million in employee compensation expenses, data processing, and other expenses, respectively.

The following table depicts the components of noninterest expenses (unaudited) for the quarterly periods presented:

		Quarterly Trends																				2Q26 change vs
(Dollars in thousands)		2Q26				1Q26				4Q25				3Q25				2Q25				1Q26				2Q25
Noninterest expenses
Salaries and employee benefits		$	5,279			$	4,988			$	3,672			$	4,004			$	3,738			$	291			$	1,541
Professional fees			363				295				333				276				275				68				88
Occupancy and equipment			354				338				328				327				294				16				60
Data processing			986				914				794				788				625				72				361
Regulatory assessment			196				179				161				126				202				17				(6	)
Losses on sale and write-downs of other real estate owned			-				5				54				-				-				(5	)			-
Other			1,204				1,287				1,401				1,083				1,047				(83	)			157
Total noninterest expenses		$	8,382			$	8,006			$	6,743			$	6,604			$	6,181			$	376			$	2,201

Income tax expense was $2.2 million for the second quarter of 2026 compared to $1.5 million in the first quarter of 2026 and $1.3 million in the second quarter of 2025. The effective tax rate for the quarter was 24.7%, compared to 24.8% in the prior quarter and 25.8% from the prior year comparative quarter.

Balance Sheet

Total assets were $1.40 billion as of June 30, 2026, increasing from $1.27 billion at March 31, 2026, and up from $999.1 million at June 30, 2025. The quarter-over-quarter growth of $132.2 million was primarily attributable to a $125.8 million increase in net loans and a $6.2 million increase in cash and cash equivalents.

Cash and cash equivalents at June 30, 2026, were $146.2 million, which increased from $140.0 million at March 31, 2026, and decreased from $181.8 million at June 30, 2025.

Investment securities (debt securities available for sale and held-to-maturity) at June 30, 2026, were $26.9 million, compared to $27.3 million at March 31 2026, and $22.6 million at June 30, 2025. There were no debt security purchases during the second quarter of 2026. No sales of debt securities were reported during these periods.

Total gross loans at June 30, 2026, were $1.22 billion, an increase from $1.09 million at March 31, 2026, and up from $784.6 million at June 30, 2025. Gross loans increased during the quarter reflecting growth in commercial real estate, consumer, land and construction, commercial, consumer, and residential loans. Compared to June 30, 2025, the gross loan portfolio increased by $432.5 million, reflecting growth primarily in commercial real estate.

The allowance for credit losses (“ACL”) was $11.0 million as of June 30, 2026, representing 0.91% of total loans, compared to 1.01% at March 31, 2026. The ACL balance saw a decrease from $11.1 million at March 31, 2026 and increased from $9.3 million at June 30, 2025, respectively. The quarter-over-quarter decrease of $41,000 million was, primarily driven by improvements in the credit quality of the loan portfolio and the evaluation of factors used to determine the credit loss, partially offset by the growth in the loan portfolio. The ACL ratio reflects continued credit discipline and a well-diversified loan portfolio.

The following table presents the components of the ACL (unaudited) as of the dates indicated:

																						June 30, 2026 change vs
		June 30,				March 31,				December 31,				September 30,				June 30,				March 31,				June 30,
		2026				2026				2025				2025				2025				2026				2025
Beginning balance		$	11,061			$	10,273			$	10,018			$	9,338			$	8,270			$	788			$	2,791
Credit loss expense (reversal) – funded			(30	)			791				389				639				1,043				(821	)			(1,073	)
Charge-offs			(50	)			(44	)			(201	)			(129	)			(72	)			(6	)			22
Recoveries			39				41				67				170				97				(2	)			(58	)
Ending balance		$	11,020			$	11,061			$	10,273			$	10,018			$	9,338			$	(41	)		$	1,682

Nonaccrual loans totaled $2.1 million at June 30, 2026, compared to $2.2 million at March 31, 2026, and $3.2 million at June 30, 2025. The decrease from the prior year was primarily due to a decrease in commercial, and consumer nonaccrual loans of $1.1 million. As of June 30, 2026, there were no loans accruing interest that were 90 days or more past due. Subsequent to June 30, 2026, a nonaccrual loan with a balance of $1.0 million was settled. Additionally, the Company did not report any modified loans to borrowers experiencing financial difficulty during the second quarter of 2026.

Nonperforming assets (“NPA”) reflected strong asset quality at June 30, 2026. Nonaccrual loans decreased to $2.1 million from $2.2 million at March 31, 2026 and $3.2 million at June 30, 2025. The $0.1 million decrease from March 31, 2026 was due to payments received on nonaccrual loans. The $1.1 million decrease from June 30, 2025 included payoffs from previously recorded nonaccrual loans, along with the sale of other real estate owned.

Total deposits at June 30, 2026, were $1.21 billion, an increase from $1.09 billion at March 31, 2026, and an increase from $878.9 million at June 30, 2025. The increase from March 31, 2026, was attributable to increases in all deposit categories, with a 15.6% increase in time deposits and a $14.5 million, or 4.8% increase in noninterest-bearing demand deposits. The increase from June 30, 2025 was also attributable to increases in all deposit categories, most notably a 60.7% increase in time deposits and a 22.9% increase in noninterest-bearing demand deposits. The Company continues to maintain a diverse and stable funding base.

Accumulated other comprehensive loss (“AOCL”) was $4.8 million at June 30, 2026, compared to $4.7 million at March 31, 2026, and $5.4 million at June 30, 2025. The AOCL increased by $0.1 million quarter-over-quarter, primarily due to the increase in mid to long-term interest rates impacting the fair value of available-for-sale securities. Year-over-year, AOCL improved by $0.6 million, reflecting the net impact of favorable fair value changes over the trailing twelve months, resulting in unrealized gains. All AOCL amounts represent unrealized gains and losses, net of applicable income taxes, and have no impact on reported earnings or regulatory capital.

Shareholders’ equity was $134.4 million as of June 30, 2026, compared to $126.8 million as of March 31, 2026, and $111.3 million as of June 30, 2025. The increase during the second quarter was principally attributable to net income of $6.7 million, $0.9 million in additional equity through the Company’s ongoing at-the-market (“ATM”) offering, and $0.1 million related to the exchange of Series B and C Preferred shares for nonvoting common stock, partially offset by the $0.1 million increase in AOCL.

Earnings Per Share (“EPS”) for the quarter-ended June 30, 2026, the Company reported $0.40 per basic share and $0.28 diluted EPS, compared to $0.39 and $0.20 per basic share and diluted EPS, respectively, for the quarter-ended March 31, 2026, and $0.31 and $0.15 per basic share and diluted EPS, respectively, for the quarter-ended June 30, 2025. The increase was primarily driven by strong growth in net income, which increased from $3.6 million for the quarter-ended June 30, 2025, to $6.7 million for the quarter-ended June 30, 2026. Diluted earnings per share for prior periods have been retrospectively adjusted to reflect the amended conversion rights of the Series B Convertible Preferred Stock, which became effective during the third quarter of 2025, to ensure comparability. Additionally, during the second quarter of 2026, the Company amended its Articles of Incorporation to authorize a new class of Nonvoting Common Stock and exchanged all outstanding Series B and Series C Convertible Preferred Stock for an aggregate of 11,458,351 shares of Nonvoting Common Stock. Because the Series B and Series C Convertible Preferred Stock had already been reflected in the Company's diluted weighted-average share count under the if-converted method, the exchange did not materially affect diluted earnings per share or dilute existing shareholders' ownership interests. The primary impact was on the weighted-average common shares used in the calculation of basic earnings per share, as the exchange occurred during the quarter and basic EPS reflects the timing of the conversion. Accordingly, this release presents both basic and diluted earnings per share to facilitate comparability with prior periods and to reflect the transition in the Company's capital structure during the quarter. Absent future dilutive securities or other changes in the Company's capital structure, the Company expects basic and diluted earnings per share to be identical in future filings.

Although GAAP accounting generally presents book value based on common shares outstanding, the Company believes a more comprehensive measure of shareholder value is on a fully diluted basis.

Tangible book value per diluted share at June 30, 2026, was $5.65 at June 30, 2026, up $0.28 per share, or 20.9% annualized from $5.37 at March 31, 2026 on a fully diluted basis, and up $0.89, or 18.7% from $4.76 at June 30, 2025. This is based on total common shares outstanding of 23,799,136 at June 30, 2026 (up from 23,625,209 shares on a fully diluted basis at March 31, 2026, and up from 23,390,612 shares on a fully diluted basis at June 30, 2025). Additional common shares totaling 174,348 common shares were issued in the quarter-ended June 30, 2026 through the Company’s ATM offering. During the second quarter of 2026, the Company exchanged all outstanding Preferred Stock shares, or 1,295 and 875,641 shares of related party Series B Convertible Preferred Stock and Series C Convertible Preferred Stock, respectively, for a total of 11,458,351 shares of Nonvoting Common Stock (see below for further information). This exchange did not change the ownership interests of existing shareholders or result in economic dilution, but rather simplified the Company’s capital structure and future financial reporting by replacing the convertible preferred shares with an equivalent number of nonvoting common shares.

The increase in tangible book value per diluted share reflects strong quarterly earnings performance and overall capital strength.

FORWARD-LOOKING STATEMENTS

Certain statements made in this report which are not statements of historical fact are forward-looking statements within the meaning of, and subject to the protection of, the federal securities laws. Forward looking statements include, among others, statements with respect to our beliefs, plans, objectives, goals, targets, expectations, anticipations, assumptions, estimates, intentions and future performance and involve known and unknown risks, many of which are beyond our control and which may our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by the forward-looking statements made in this report. You can identify forward-looking statements through our use of words such as “believes,” “anticipates,” “expects,” “may,” “will,” “assumes,” “should,” “predicts,” “could,” “should,” “would,” “intends,” “targets,” “estimates,” “projects,” “plans,” “potential” and other similar words and expressions. Forward-looking statements are based on our current beliefs and expectations and are subject to significant risks and uncertainties. Accordingly, we caution you not to place undue reliance on such statements. We undertake no obligation to update or revise any of our forward-looking statements for events or circumstances that arise after the statement is made, except as otherwise may be required by law.

Investor Relations & Corporate Relations

Contact: Seth Denison
Telephone: (305) 401-4140
Email: SDenison@OptimumBank.com

OptimumBank Holdings, Inc.
Consolidated Balance Sheets (Unaudited)
(Dollars in thousands)

																						June 30, 2026 change vs
		June 30,				March 31,				December 31,				September 30,				June 30,				March 31,				June 30,
		2026				2026				2025				2025				2025				2026				2025
Assets
Cash and due from banks		$	14,637			$	15,074			$	9,349			$	9,271			$	8,833			$	(437	)		$	5,804
Interest-bearing deposits with banks			131,601				124,942				105,210				225,815				172,921				6,659				(41,320	)
Total cash and cash equivalents			146,238				140,016				114,559				235,086				181,754				6,222				(35,516	)
Debt securities available for sale			26,646				27,044				25,184				22,926				22,378				(398	)			4,268
Debt securities held-to-maturity			208				212				214				246				260				(4	)			(52	)
Loans, net of allowance for credit losses			1,204,381				1,078,533				947,294				802,812				774,548				125,848				429,833
Federal Home Loan Bank stock			1,966				2,678				3,028				658				658				(712	)			1,308
Premises and equipment, net			3,132				2,797				2,490				2,308				2,426				335				706
Other real estate owned			-				-				551				-				-
Right-of-use lease assets			2,405				2,511				2,617				2,725				2,552				(106	)			(147	)
Accrued interest receivable			4,862				3,994				3,621				3,171				3,138				868				1,724
Deferred tax asset			3,143				3,116				3,108				3,238				3,135				27				8
Other assets			7,956				7,834			$	9,012			$	9,873			$	8,278				122				(322	)
Total assets		$	1,400,937			$	1,268,735				1,111,678				1,083,043				999,127			$	132,202			$	401,810
Liabilities and Stockholders’ Equity
Liabilities
Noninterest-bearing demand deposits		$	319,375			$	304,887			$	266,520			$	313,973			$	259,816			$	14,488			$	59,559
Savings, NOW and money-market deposits			383,297				345,494				306,921				309,087				300,907				37,803				82,390
Time deposits			511,373				442,502				358,309				336,427				318,142				68,871				193,231
Total deposits			1,214,045				1,092,883				931,750				959,487				878,865				121,162				335,180
Federal Home Loan Bank advances			25,000				40,000				50,000				-				-				(15,000	)			25,000
Operating lease liabilities			2,547				2,647				2,745				2,846				2,661				(100	)			(114	)
Other Borrowings			14,000				-				-				-				-				14,000				14,000
Other liabilities			10,965				6,357				5,286				3,822				6,253				4,608				4,712
Total liabilities			1,266,557				1,141,887				989,781				966,155				887,779				124,670				378,778
Stockholders’ equity
Preferred stock			-
Series B Convertible Preferred			-				-				-				-				-				-				-
Series C Convertible Preferred			-				-				-				-				-				-				-
Common stock			124				122				115				119				118				2				6
Nonvoting Common stock			115				-				-				-				-				115				115
Additional paid-in capital			113,832				112,993				112,578				112,574				112,010				839				1,822
Retained earnings (accumulated deficit)			25,119				18,464				13,801				8,948				4,625				6,655				20,494
Accumulated other comprehensive loss			(4,810	)			(4,731	)			(4,597	)			(4,753	)			(5,405	)			(79	)			595
Total stockholders’ equity			134,380				126,848				121,897				116,888				111,348				7,532				23,032
Total liabilities and stockholders’ equity		$	1,400,937			$	1,268,735			$	1,111,678			$	1,083,043			$	999,127			$	132,202			$	401,810

OptimumBank Holdings, Inc.
Consolidated Statements of Earnings - Quarterly (Unaudited)
(Dollars in thousands, except per share amounts)

		Quarterly Trends																				2Q26 change vs
		2Q26				1Q26				4Q25				3Q25				2Q25				1Q26				2Q25
Interest income
Loans		$	20,386				18,114				15,437				14,082				14,026			$	2,272			$	6,360
Debt securities			204				191				164				153				158				13				46
Other			1,134				1,148				1,837				2,086				1,404				(14	)			(270	)
Total interest income			21,724				19,453				17,438				16,321				15,588				2,271				6,136
Interest expense
Deposits			6,633				6,176				5,561				5,273				5,322				457				1,311
Borrowings			394				87				6				-				24				307				370
Total interest expense			7,027				6,263				5,567				5,273				5,346				764				1,681
Net interest income			14,697				13,190				11,871				11,048				10,242				1,507				4,455
Credit loss expense (reversal)			(37	)			770				398				763				1,040				(807	)			(1,077	)
Net interest income after credit loss expense (reversal)			14,734				12,420				11,473				10,285				9,202				700				3,378
Noninterest income
Service charges and fees			1,551				1,313				1,268				1,252				1,099				238				452
Other			935				471				459				730				735				464				200
Total noninterest income			2,486				1,784				1,727				1,982				1,834				702				652
Noninterest expenses
Salaries and employee benefits			5,279				4,988				3,672				4,004				3,738				291				1,541
Professional fees			363				295				333				276				275				68				88
Occupancy and equipment			354				338				328				327				294				16				60
Data processing			986				914				794				788				625				72				361
Regulatory assessment			196				179				161				126				202				17				(6	)
Losses on sale and write-downs of other real estate owned			-				5				54				-				-				(5	)			-
Other			1,204				1,287				1,401				1,083				1,047				(83	)			157
Total noninterest expenses			8,382				8,006				6,743				6,604				6,181				376				2,201
Income before income taxes			8,838				6,198				6,457				5,663				4,855				2,640				3,983
Income taxes			2,183				1,535				1,604				1,340				1,253				648				930
Net Income		$	6,655				4,663				4,853				4,323				3,602			$	1,992			$	3,053
Earnings per share - Basic		$	0.40				0.39				0.42				0.37				0.31			$	0.01			$	0.10
Earnings per share - Diluted		$	0.28				0.20				0.21				0.18				0.15			$	0.08			$	0.13

OptimumBank Holdings, Inc.
Consolidated Statements of Earnings - Quarterly (Unaudited)
(Dollars in thousands, except per share amounts)

		Six Months Ended
		June 30,
		2026				2025				Change
Interest income
Loans		$	38,501			$	27,627			$	10,874
Debt securities			396				318				78
Other			2,282				2,650				(368	)
Total interest income			41,179				30,595				10,584
Interest expense
Deposits			12,808				10,600				2,208
Borrowings			481				327				154
Total interest expense			13,289				10,927				2,362
Net interest income			27,890				19,668				8,222
Credit loss expense			733				875				(142	)
Net interest income after credit loss expense			27,157				18,793				8,364
Noninterest income
Service charges and fees			2,863				2,137				726
Other			1,406				928				478
Total noninterest income			4,269				3,065				1,204
Noninterest expenses
Salaries and employee benefits			10,268				7,119				3,149
Professional fees			658				522				136
Occupancy and equipment			693				576				117
Data processing			1,900				1,158				742
Regulatory assessment			375				400				(25	)
Other			2,496				2,032				462
Total noninterest expenses			16,390				11,807				4,583
Income before income taxes			15,036				10,051				4,985
Income taxes			3,718				2,579				1,139
Net Income		$	11,318			$	7,472			$	3,846
Earnings per share - Basic		$	0.79			$	0.64			$	0.16
Earnings per share - Diluted		$	0.48			$	0.32			$	0.16

OptimumBank Holdings, Inc.
Consolidated Average Balances, Interest Income and Expenses, Yields and Rates (QTD) (Unaudited)
(Dollars in thousands, except average yields/rates)

		Three Months Ended June 30,
		2Q26												1Q26												2Q25
						Interest				Average								Interest				Average								Interest				Average
		Average				and				Yield/				Average				and				Yield/				Average				and				Yield/
		Balance				Dividends				Rate(1)				Balance				Dividends				Rate(1)				Balance				Dividends				Rate(1)
Interest-earning assets
Loans		$	1,141,791				20,386				7.16	%		$	1,041,583			$	18,114				7.05	%		$	803,171			$	14,026				6.99	%
Securities			27,042				204				3.03	%			26,527				191				2.92	%			22,684				158				2.79	%
Other (2)			121,282				1,134				3.75	%			123,845				1,148				3.76	%			123,254				1,404				4.56	%
Total interest-earning assets/interest income			1,290,115				21,724				6.75	%			1,191,955				19,453				6.62	%			949,109				15,588				6.57	%
Cash and due from banks			14,702												10,656												12,833
Premises and equipment			2,825												2,684												2,336
Other			4,025												4,641												8,421
Total assets		$	1,311,667											$	1,209,936											$	972,699
Interest-bearing liabilities
Savings, NOW and money-market deposits		$	367,750				2,168				2.36	%		$	334,816			$	1,896				2.30	%		$	280,454			$	1,742				2.48	%
Time deposits			462,792				4,465				3.87	%			436,205				4,280				3.98	%			330,118				3,580				4.34	%
Borrowings (3)			23,455				394				3.37	%			9,224				87				3.83	%			2,222				24				4.32	%
Notes Payable			10,770				276				10.28	%			-				-				-				-				-				-
Total interest-bearing liabilities/interest expense			853,997				7,027				3.30	%			780,245				6,263				3.26	%			612,794				5,346				3.49	%
Noninterest-bearing demand deposits			314,858												296,750												241,457
Other liabilities			11,584												7,852												8,502
Stockholders’ equity			131,228												125,089												109,946
Total liabilities and stockholders’ equity		$	1,311,667											$	1,209,936											$	972,699
Net interest income							14,697											$	13,190											$	10,242
Interest-rate spread (4)											3.45	%											3.36	%											3.08	%
Net interest margin (5)											4.57	%											4.49	%											4.32	%
Ratio of average interest-earning assets to average interest-bearing liabilities			1.51												1.53												1.55

(1	)	Annualized.
(2	)	Includes interest-earning deposits with banks and Federal Home Loan Bank stock dividends.
(3	)	Includes Federal Home Loan Bank
(4	)	Interest rate spread represents the difference between average yield on interest-earning assets and the average cost of interest-bearing liabilities.
(5	)	Net interest margin is net interest income divided by average interest-earning assets.

OptimumBank Holdings, Inc.
Consolidated Average Balances, Interest Income and Expenses, Yields and Rates (YTD) (Unaudited)
(Dollars in thousands, except average yields/rates)

		Six Months Ended June 30,
		2026												2025
																		Interest				Average
		Average												Average				and				Yield/
		Balance												Balance				Dividends				Rate(1)
Interest-earning assets
Loans		$	1,091,687				38,501				7.11	%		$	800,008			$	27,627				6.91	%
Securities			26,784				396				2.98	%			22,831				318				2.79	%
Other (2)			122,562				2,282				3.75	%			116,559				2,650				4.55	%
Total interest-earning assets/interest income			1,241,033				41,179				6.69	%			939,398				30,595				6.51	%
Cash and due from banks			12,679												13,504
Premises and equipment			2,754												2,238
Other			4,321												8,134
Total assets		$	1,260,787											$	963,274
Interest-bearing liabilities
Savings, NOW and money-market deposits		$	351,283				4,063				2.33	%		$	278,733			$	3,493				2.51	%
Time deposits			449,498				8,745				3.92	%			321,117				7,107				4.43	%
Borrowings (3)			16,340				209				3.85	%			17,223				327				3.80	%
Notes Payable			5,385				272				10.18	%			-				-				-
Total interest-bearing liabilities/interest expense			817,121				13,289				3.28	%			617,073				10,927				3.54	%
Noninterest-bearing demand deposits			305,803												230,330
Other liabilities			9,705												8,102
Stockholders’ equity			128,158												107,769
Total liabilities and stockholders’ equity		$	1,260,787											$	963,274
Net interest income							27,890											$	19,668
Interest-rate spread (4)											3.41	%											2.97	%
Net interest margin 5)											4.53	%											4.19	%
Ratio of average interest-earning assets to average interest-bearing liabilities			1.52												1.52

(1	)	Annualized.
(2	)	Includes interest-earning deposits with banks and Federal Home Loan Bank stock dividends.
(3	)	Includes Federal Home Loan Bank
(4	)	Interest rate spread represents the difference between average yield on interest-earning assets and the average cost of interest-bearing liabilities.
(5	)	Net interest margin is net interest income divided by average interest-earning assets.

OptimumBank Holdings, Inc.
Segments of Loans Analysis (Unaudited)
(Dollars in thousands)

																						June 30, 2026 change vs
		June 30,				March 31,				December 31,				September 30,				June 30,				March 31,				June 30,
		2026				2026				2025				2025				2025				2026				2025
Residential real estate		$	78,268			$	73,130			$	74,018			$	66,723			$	66,602			$	5,138			$	11,666
Multi-family real estate			52,551				63,655				65,693				67,435				68,321				(11,104	)			(15,770	)
Commercial real estate			905,174				790,238				666,508				524,865				478,224				114,936				426,950
Land and construction			46,290				41,000				36,212				43,364				61,126				5,290				(14,836	)
Commercial			51,389				46,127				48,196				45,604				50,351				5,262				1,038
Consumer			83,411				76,744				68,166				65,731				59,940				6,667				23,471
Total loans			1,217,083				1,090,894				958,793				813,722				784,564				126,190				432,519
Deduct:
Net deferred loan fees and costs			(1,683	)			(1,300	)			(1,227	)			(892	)			(678	)			(383	)			(1,005	)
Allowance for credit losses			(11,020	)			(11,061	)			(10,273	)			(10,018	)			(9,338	)			41				(1,682	)
Loans, net		$	1,204,380			$	1,078,533			$	947,293			$	802,812			$	774,548			$	125,848			$	429,832

Explanation of Certain Unaudited Non-GAAP Financial Measures

This presentation contains financial information determined by methods other than Generally Accepted Accounting Principles (“GAAP”). Management uses these non-GAAP financial measures in its analysis of the Company’s performance and believes these presentations provide useful supplemental information, and a clearer understanding of the Company’s performance. The Company believes the non-GAAP measures enhance investors’ understanding of the Company’s business and performance and if not provided would be requested by the investor community. These measures are also useful in understanding performance trends and facilitate comparisons with the performance of other financial institutions. The limitations associated with operating measures are the risk that persons might disagree as to the appropriateness of items comprising these measures and that different companies might define or calculate these measures differently. The Company provides reconciliations between GAAP and these non-GAAP measures. These disclosures should not be considered an alternative to GAAP.

Non-GAAP Reconciliations

Pre-tax, Pre-provision earnings

(Dollars in thousands)		2Q26				1Q26				4Q25				3Q25				2Q25
Net Income (GAAP)		$	6,655			$	4,663			$	4,853			$	4,323			$	3,602
Plus: Income Tax Expense			2,183				1,535				1,604				1,340				1,253
Plus: Credit Loss Expense (Reversal)			(37	)			770				398				763				1,040
Pre-tax, Pre-provision earnings (Non-GAAP)			8,801				6,968				6,855				6,426				5,895

Tangible Book Value Per Common Share and Per Fully Diluted Share (Unaudited)

(Dollars in thousands, except per share amounts)		2Q26				1Q26				4Q25				3Q25				2Q25
Total Stockholders’ (GAAP) and Tangible Common Equity		$	134,380			$	126,848			$	121,897			$	116,888			$	111,348
Common Shares Outstanding - Voting			12,341				12,167				11,534				11,884				11,751
Common Shares Outstanding - Nonvoting			11,458				-				-				-				-
Total Common Shares			23,799				12,167				11,534				11,884				11,751
Effect of conversion of series B preferred shares if converted			-				10,582				11,114				11,114				11,114
Effect of conversion of series C preferred shares if converted			-				876				876				526				526
Total Diluted Shares			23,799				23,625				23,524				23,524				23,391
Tangible Book Value per Share - Diluted		$	5.65			$	5.37			$	5.18			$	4.97			$	4.76

FAQ

How did OptimumBank Holdings (OPHC) perform financially in Q2 2026?

OptimumBank Holdings reported net income of $6.7 million in Q2 2026, or $0.28 diluted EPS. According to OptimumBank Holdings, this compares with $4.7 million in Q1 2026 and $3.6 million in Q2 2025, reflecting higher net interest and noninterest income.

What drove OptimumBank Holdings’ earnings growth for the first half of 2026 (OPHC)?

For the six months ended June 30, 2026, OptimumBank Holdings earned $11.3 million, up from $7.5 million a year earlier. According to OptimumBank Holdings, the $3.8 million increase was mainly due to an $8.2 million rise in net interest income and a $1.2 million increase in noninterest income.

How did loans and deposits at OptimumBank Holdings (OPHC) change in Q2 2026?

In Q2 2026, gross loans rose by $126.2 million to $1.2 billion and deposits increased by $121.2 million to $1.2 billion. According to OptimumBank Holdings, this represented quarterly growth of 11.6% in loans and 11.1% in deposits.

What were OptimumBank Holdings’ key profitability ratios in Q2 2026 (OPHC)?

OptimumBank Holdings posted an annualized ROAA of 2.04% and ROAE of 20.34% in Q2 2026. According to OptimumBank Holdings, net interest margin was 4.57%, up from 4.49% in Q1 2026 and 4.32% in Q2 2025.

How strong were OptimumBank Holdings’ credit metrics in Q2 2026 (OPHC)?

Credit metrics remained stable, with a $0.4 million credit loss reversal and net charge‑offs of only $11,000 in Q2 2026. According to OptimumBank Holdings, the allowance for credit losses was $11.0 million, or 0.91% of total loans.

What leadership changes did OptimumBank Holdings (OPHC) implement in 2026?

Effective May 1, 2026, Chairman Moishe Gubin also became Chief Executive Officer, and Braden R. Smith joined as Bank President. According to OptimumBank Holdings, former President and CEO Timothy Terry retired after thirteen years and is supporting a smooth transition.

What is OptimumFinance, LLC and how did it impact OPHC in Q2 2026?

OptimumFinance, LLC is OptimumBank Holdings’ non‑bank financing subsidiary that began activity in Q2 2026. According to OptimumBank Holdings, it completed its first $14.2 million loan and issued a $14.0 million note payable, guaranteed by the company, to fund that loan.