OptimumBank Holdings Inc
optimumbankinvestors.comWhat Do They Do?
Provides consumer and commercial banking services, including loans, deposit accounts and payment services, to individuals and businesses.
10-K for FY2025, filed Feb 26, 2026
How Do They Make Money?
Most money comes from interest on loans and securities; customers also pay service fees for transactions, overdrafts and account maintenance. Transaction and overdraft fees are charged when those events occur, while maintenance fees accrue over a month.
10-K for FY2025, filed Feb 26, 2026The Bank’s revenues are primarily derived from interest and fees received in connection with, real estate and other loans, interest from…View ↗
Revenue Recognition. The majority of the Company’s revenues come from interest income and financial assets, including loans, and securities…View ↗
Service Charges and Fees. Service charges and fees consist of fees earned on transaction-based, account maintenance, and overdraft…View ↗
$64.4M
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10-K for FY2025, filed Feb 26, 2026
$64.4M ↗
Who Are Their Customers?
Serves individuals and businesses with banking, lending and payment services; it also markets deposit and electronic funds-transfer services nationally to merchant cash advance providers.
10-K for FY2025, filed Feb 26, 2026The Bank provides a range of consumer and commercial banking services to individuals and businesses. The basic services offered include…View ↗
The Bank offers real estate, commercial and consumer loans to individuals and small businesses and other organizations that are located in…View ↗
Organization. OptimumBank Holdings, Inc. (the “Company”) is a bank holding company that owns 100% of OptimumBank (the “Bank”), a…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 26 cents of every revenue dollar as net income in FY2025 and turned 26 cents into free cash flow.
How Are They Changing?
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Jul 24, 2026
Chairman Moishe Gubin became CEO as Timothy Terry retired
Braden Smith joined the bank as president.
Sources
8-K, filed Jul 24, 2026
During the second quarter, the Company successfully completed its previously announced leadership transition. Effective May 1, 2026, Moishe…View ↗
Growing. Revenue grew 6.2x in 4 years, from $10.4M in FY2021 to $64.4M in FY2025, about 58% a year.
SBA lending
The older report described SBA lending as planned; the latest says the bank entered the business and became a preferred lender, offering guaranteed loans to small and middle-market businesses.
10-K for FY2022, filed Mar 6, 2023 10-K for FY2025, filed Feb 26, 2026The Bank provides a range of consumer and commercial banking services to individuals and businesses. The basic services offered include…View ↗
In addition, we have built capabilities in Small Business Administration (SBA) lending, entering the space in late 2023 and being…View ↗
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