OPHC News and Press, OptimumBank Holdings Inc. From 08/30/22

Fort Lauderdale, FL, Aug. 30, 2022 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc., the parent company of OptimumBank ( www.OptimumBank.com ), a Florida chartered bank that provides a range of consumer and commercial banking services to individuals and businesses, is pleased to announce ...

OptimumBank press release ( NASDAQ: OPHC ): Q2 pre-tax income of $1.26B, after a loan loss provision of $991M. Its loan portfolio increased this quarter to $353,597M or by 27.4% over the prior quarter’s ending balance amount of $277,508M. For further details s...

Fort Lauderdale, FL, Aug. 01, 2022 (GLOBE NEWSWIRE) -- OptimumBank, a Florida banking corporation (the “Bank”) ended the second quarter of 2022 with a pre-tax income of $1,499,000, after a loan loss provision of $991,000. Its loan portfolio increased this quarter to $348.9 mil...

Fort Lauderdale, FL, May 11, 2022 (GLOBE NEWSWIRE) -- Heng Fai Ambrose Chan has informed the Boards of OptimumBank (the “Bank”) and OptimumBank Holding, Inc. (the “Company”) that he will resign from both Boards effective as of April 30, 2022. In his letter of res...

Fort Lauderdale, FL, April 29, 2022 (GLOBE NEWSWIRE) -- OptimumBank, a Florida banking corporation (the “Bank”) ended the first quarter of 2022 with a pre-tax income of $1,348,072, after a loan loss provision of $392,577. Its loan portfolio increased this quarter to $277,520,5...

Fort Lauderdale, FL, April 26, 2022 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (OPHC-NASDAQ). Similar to my comments at last year’s Annual Shareholder meeting, I want to focus today on our past year’s results and discuss what we expect 2022 will look like. We cannot really...

Fort Lauderdale, FL, April 11, 2022 (GLOBE NEWSWIRE) -- OptimumBank (the “Bank”) ended the year 2021 with total loans of $251,399,000 as compared with $154,919,000 from the year 2020 and $104,189,000 from the year ended 2019. The composition of the Bank’s loan portfolio...

OptimumBank press release (NASDAQ:OPHC): FY net income of $5.41M. Loans increased 63% Y/Y to $247.90M. Noninterest income generated was $143M, an increase of 406%. The Bank ended the year with asset of $350.04M, a 49% increase over the prior year’s amount of $234.94M. For further det...

Fort Lauderdale, FL, Feb. 01, 2022 (GLOBE NEWSWIRE) -- OptimumBank (the “Bank”) ended the year with a net income of $5,412,000, which included a tax benefit of $1,550,000. Excluding the non-cash provision expense and tax benefit, the Bank earned $5,035,000, a 415% increase ove...

OptimumBank (NASDAQ:OPHC): Q3 net income totaled $917,000. Total assets increased by $40.9 million to $335 million compared to 294.1 million from the prior quarter. Press Release For further details see: OptimumBank reports Q3 results