OptimumBank Holdings, Inc. filed its Form 10-Q with the SEC on November 13, 2026, reporting unaudited financial results for the quarterly period ended September 30, 2026, showing net income of $7,172 thousand and total assets of $1,576,100 thousand.

Key Highlights

  • Net income: $7,172 thousand for the three months ended September 30, 2026, compared to $4,323 thousand in the same period of 2025.
  • Nine-month net income: $18,490 thousand for the nine months ended September 30, 2026, compared to $11,795 thousand in the prior-year period.
  • Total assets: $1,576,100 thousand as of September 30, 2026, up from $1,111,678 thousand at December 31, 2025.
  • Total deposits: $1,342,826 thousand at September 30, 2026, compared to $931,750 thousand at December 31, 2025.
  • Loans, net: $1,352,805 thousand as of September 30, 2026, against $947,294 thousand at year-end 2025, with an allowance for credit losses of $12,120 thousand.
  • Shares outstanding: 15,576,859 voting common shares and 11,458,351 nonvoting common shares, each at $0.01 par value, as of November 13, 2026.
  • Diluted EPS: $0.30 for Q3 2026 and $0.78 for the nine months ended September 30, 2026, restated to reflect an amendment to the rights of the Series B Preferred shares.

OptimumBank Holdings Reports Loan and Deposit Growth in Third Quarter of 2026

OptimumBank Holdings, Inc., the Fort Lauderdale, Florida-based holding company for OptimumBank, operates as a community banking organization engaged in deposit-taking and lending activities. Its common stock trades on NYSE American under the symbol OPHC. According to the filing, the company is classified as a non-accelerated filer and a smaller reporting company, and it is not an emerging growth company.

For the three months ended September 30, 2026, the company reported total interest income of $25,112 thousand, up from $16,321 thousand in the corresponding 2025 quarter, the filing disclosed. Net interest income reached $16,781 thousand in Q3 2026, compared to $11,048 thousand in Q3 2025. Total interest expense for the quarter was $8,331 thousand, which included $7,334 thousand in deposit interest, $680 thousand on borrowings, and $317 thousand on subordinated debt. Credit loss expense for the quarter was $1,066 thousand.

On the balance sheet, total deposits grew to $1,342,826 thousand at September 30, 2026, from $931,750 thousand at December 31, 2025, reflecting increases across noninterest-bearing demand deposits ($381,667 thousand), savings, NOW and money-market deposits ($417,512 thousand), and time deposits ($543,647 thousand). The filing also noted the addition of $34,374 thousand in subordinated debt and $26,554 thousand in other borrowings, both of which carried zero balances at December 31, 2025. Total stockholders' equity stood at $149,389 thousand at September 30, 2026, up from $121,897 thousand at year-end 2025. Retained earnings increased to $32,291 thousand from $13,801 thousand over the same interval.

The filing stated that diluted earnings per share figures for all periods presented were restated "to reflect the impact of the amendment to the rights of the Series B Preferred shares," applied retrospectively to ensure comparability, as described in Note 12 of the financial statements.

What Was Disclosed

OptimumBank Holdings filed its quarterly report covering the period ended September 30, 2026, disclosing unaudited income statements, a condensed consolidated balance sheet, and statements of stockholders' equity and cash flows. The report covers year-over-year changes in net income, net interest income, total assets, loan balances, deposits, and borrowings, along with a restatement of diluted earnings per share tied to a Series B Preferred share amendment. The filing also confirmed share counts for both voting and nonvoting common stock as of November 13, 2026.