Company Quick10K Filing
OptimumBank
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 2 $7
10-Q 2019-11-14 Quarter: 2019-09-30
10-Q 2019-08-14 Quarter: 2019-06-30
10-Q 2019-05-14 Quarter: 2019-03-31
10-K 2019-03-27 Annual: 2018-12-31
10-Q 2018-11-14 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-14 Quarter: 2018-03-31
10-K 2018-03-28 Annual: 2017-12-31
10-Q 2017-11-13 Quarter: 2017-09-30
10-Q 2017-08-14 Quarter: 2017-06-30
10-Q 2017-05-12 Quarter: 2017-03-31
10-K 2017-03-20 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-15 Quarter: 2016-06-30
10-Q 2016-05-13 Quarter: 2016-03-31
10-K 2016-03-25 Annual: 2015-12-31
10-Q 2015-11-13 Quarter: 2015-09-30
10-Q 2015-08-14 Quarter: 2015-06-30
10-Q 2015-05-15 Quarter: 2015-03-31
10-K 2015-04-02 Annual: 2014-12-31
10-Q 2014-11-12 Quarter: 2014-09-30
10-Q 2014-08-14 Quarter: 2014-06-30
10-Q 2014-05-06 Quarter: 2014-03-31
10-K 2014-03-31 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-14 Quarter: 2013-03-31
10-K 2013-04-04 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-11 Quarter: 2012-03-31
10-K 2012-03-30 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
10-Q 2011-05-12 Quarter: 2011-03-31
10-K 2011-04-15 Annual: 2010-12-31
10-Q 2010-11-15 Quarter: 2010-09-30
10-Q 2010-08-16 Quarter: 2010-06-30
10-Q 2010-05-14 Quarter: 2010-03-31
10-K 2010-04-15 Annual: 2009-12-31
8-K 2020-01-07 Sale of Shares, Other Events, Exhibits
8-K 2019-11-27 Other Events, Exhibits
8-K 2019-08-27 Shareholder Vote
8-K 2019-03-13 Other Events
8-K 2019-01-08
8-K 2018-11-16
8-K 2018-06-27 Officers
8-K 2018-06-21 Other Events, Exhibits
8-K 2018-03-13 Officers

OptimumBank Financials

OPHC Metrics, Comps, Filings

Annual | Quarterly

Business

- general economic conditions, either nationally or regionally, that are less favorable than expected resulting in, among other things, a deterioration in credit quality and an increase in credit risk-related losses and expenses; - changes in the interest rate environment that reduce margins; - competitive pressure in the banking industry that increases significantly; - changes that occur in the regulatory environment; and - changes that occur in business conditions and the rate of inflation.

OptimumBank Holdings, Inc. is a Florida corporation (the “Company”) formed in 2004 as a bank holding company for OptimumBank (the “Bank”). The Company's only business is the ownership and operation of the Bank and the Bank's subsidiaries. The Bank is a Florida state chartered bank established in 2000, with deposits insured by the Federal Deposit Insurance Corporation (“FDIC”). The Bank offers a variety of community banking services to individual and corporate customers through its three banking offices located in Broward County, Florida.

The Company is subject to the supervision and regulation of the Board of Governors of the Federal Reserve System (the “Federal Reserve”). The Bank is subject to the supervision and regulation of the State of Florida Office of Financial Regulation (“OFR”) and the FDIC. The Bank is a member of the Federal Home Loan Bank of Atlanta.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
OptimumBank (OPHC) 7,479 -19.4 -1% 111,270 106,226 0 0 -1,399 250 -4,838
China Commercial Credit (GLG) 3,891 151% -0.6 -54% 8,034 2,581 108 162 -4,340 -4,393 2,584
First Bancshares (FBMS) 519 0.0 1% 3,472,584 3,006,303 0 0 31,641 63,051 519
SB Financial Group (SBFG) 131 0% -1.8 1% 1,029,123 895,186 2,251 0 10,930 22,921 -41,555
MainStreet Bancshares (MNSB)
Blue Ridge Bankshares (BRBS)
Truist Financial Corporation (TFC)
Customers Bancorp (CUBB)
Tectonic Financial (TECTP)
Republic Bancorp (RBCAA)
Zions Bancorporation N.A. (ZBK)
Silvergate Capital Corporation (SI)
Amerant Bancorp (AMTB)
Atlantic Union Bankshares Corporation (AUB)
Bank of Nova Scotia (BNS)
CrossFirst Bankshares (CFB)
Bank Bradesco (BBD) 0% 1,305,543,714 1,180,867,594 0 0 0 0 -14,734,228
Century Bancorp (CNBKA) -2.6 1% 5,200,501 4,881,564 0 0 38,390 98,065 -250,726
Hometown Bankshares (HMTA) -2.5 1% 564,978 511,279 0 0 3,992 9,112 -22,771
Commerce Bancshares (CBSH) -1.5 2% 25,772,174 22,600,811 0 0 429,158 634,378 -961,455

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash22,7761093671131647,983
Accounts Receivable
Inventory
PP&E2,6912,9064,6142,8362,7032,6482,5932,668
Assets154,47212,5505,6038,9349,2299,58995,866100,368
Accounts Payable
Long-Term Debt
Liabilities147,686136,833128,999121,551124,511116,62293,32195,062
Stockholders' Equity6,7866,910-2162,9792,9673,0812,5455,306
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax41000-32000
Net Income-3,747-4,697-7,0751,605-163-396-589796
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-885-187-197-249-14655157024
Cash Investing41,24010,2591,1372,781-5,70414,36617,475-6,018
Cash Financing-31,946-6,761-7,901-5,891130-7,642-24,0202,312