OptimumBank Holdings, Inc. (NYSE American: OPHC) reported net income of $4.7 million for the first quarter of 2026, according to a company press release dated April 24, 2026. The results reflect strong loan and deposit growth during the period.
The bank's net interest income increased to $10.2 million in Q1 2026, up from $8.5 million in the same quarter of 2025. Total loans grew to $1.2 billion as of March 31, 2026, compared to $1.0 billion a year earlier. Deposits also rose to $1.4 billion from $1.2 billion.
CEO Thomas A. Duryea attributed the performance to the bank's focus on relationship banking and prudent credit management. The company's return on average assets was 1.2% for the quarter, and return on average equity was 12.5%.
OptimumBank Holdings operates 10 branches in Florida, primarily serving small and medium-sized businesses. The bank's nonperforming assets remained low at 0.3% of total assets.
