OptimumBank Holdings, Inc. (NYSE American: OPHC) announced record net income of $6.7 million, or 40 cents per basic share and 28 cents per diluted share, for the second quarter of 2026. This compares with net income of $4.7 million, or 39 cents per basic share and 20 cents per diluted share, in the preceding quarter, and $3.6 million, or 31 cents per basic share and 15 cents per diluted share, in the year-ago period. The record results underscore the company's strong operational performance and strategic focus on community banking.
Net interest income rose to $14.7 million for the quarter, while net interest margin increased to 4.57%. For the first six months of 2026, net income totaled $11.3 million, up from $7.5 million in the comparable 2025 period. The significant improvement in profitability reflects higher earning asset yields and effective cost management.
Gross loans increased by $126.2 million during the quarter to $1.2 billion, while total deposits grew by $121.2 million to $1.2 billion. Total assets reached $1.4 billion. The robust balance sheet expansion demonstrates the bank's ability to attract and retain customers in a competitive market. Return on average assets increased to an annualized 2.04%, and return on average equity rose to 20.34%, indicating efficient use of capital and strong shareholder value creation.
These results highlight the bank's success in executing its community-focused strategy. Founded in 2000 and headquartered in Fort Lauderdale, Florida, OptimumBank is a full-service community bank that offers personalized service, competitive pricing, and innovative financial solutions. Its product suite includes Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking. The bank supports economic development and community growth through responsible banking practices.
The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. For more details, the full press release is available at https://nnw.fm/PKIsB. The latest news and updates relating to OPHC are available in the company's newsroom at https://nnw.fm/OPHC.
The record quarterly earnings and strong balance sheet growth signal OptimumBank's solid position in the banking industry. For investors, the improved profitability metrics and expansion in loans and deposits suggest sustained momentum. For the community, the bank's continued growth supports local economic development through increased lending capacity. For the industry, OptimumBank's performance exemplifies how community banks can thrive by focusing on relationship-based banking and operational efficiency.
