OptimumBank Holdings, Inc. (OPHC)

OptimumBank Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	54.89	52.05	31.76	17.95	9.76	6.41
Interest Income on Investments	6.68	7.58	4.02	1.93	0.63	0.3
Total Interest Income	61.57	59.63	35.78	19.88	10.39	6.71
Interest Paid on Deposits	22.57	22.96	11.6	3.23	0.65	1.28
Interest Paid on Borrowings	1.14	1.98	0.47	0.81	0.33	0.44
Total Interest Expense	23.71	24.94	12.07	4.05	0.99	1.72
Net Interest Income	37.87	34.69	23.71	15.84	9.4	4.99
Net Interest Income Growth (YoY)	28.12%	46.29%	49.74%	68.40%	88.46%	59.53%
Gain (Loss) on Sale of Assets	-	-	-	-	0.34	-
Other Non-Interest Income	5.25	4.62	3.45	2.96	1.43	0.02
Total Non-Interest Income	5.25	4.62	3.45	2.96	1.77	0.29
Non-Interest Income Growth (YoY)	19.52%	33.92%	16.62%	66.86%	503.40%	-
Revenues Before Loan Losses	43.11	39.31	27.17	18.8	11.18	5.28
Provision for Loan Losses	1.84	2.22	4.05	3.47	1.17	1.02
Revenue	41.27	37.09	23.12	15.33	10.01	4.26
Revenue Growth (YoY)	36.79%	60.44%	50.80%	53.22%	134.64%	34.34%
Salaries and Employee Benefits	12.05	10.61	7.77	5.08	3.45	2.11
Occupancy Expenses	0.68	0.51	0.43	0.44	0.44	0.4
Federal Deposit Insurance	0.85	0.8	0.55	0.26	0.16	0.16
Selling, General & Administrative	4.42	4.5	3.36	2.48	1.77	1.5
Other Non-Interest Expense	3.48	3.04	2.17	1.69	1.12	0.88
Total Non-Interest Expense	21.48	19.46	14.29	9.94	6.94	5.05
EBT Excluding Unusual Items	19.79	17.63	8.83	5.39	3.07	-0.78
Legal Settlements	-	-	-0.38	-	-	-
Pretax Income	19.79	17.63	8.46	5.39	3.07	-0.78
Income Tax Expense	5.07	4.51	2.17	1.37	-3.23	-
Net Income	14.72	13.12	6.28	4.02	6.3	-0.78
Net Income to Common	14.72	13.12	6.28	4.02	6.3	-0.78
Net Income Growth	51.92%	108.88%	56.18%	-36.10%	-	-
Basic Shares Outstanding	11	9	7	6	4	3
Diluted Shares Outstanding	12	10	7	6	4	3
Shares Change (YoY)	42.64%	36.00%	21.56%	52.72%	32.88%	54.28%
EPS (Basic)	1.34	1.39	0.87	0.68	1.61	-0.27
EPS (Diluted)	1.28	1.33	0.87	0.68	1.61	-0.27
EPS Growth	6.01%	53.23%	28.48%	-58.16%	-	-
Effective Tax Rate	25.62%	25.56%	25.71%	25.39%	-	-

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q