Every material Form 8-K OptimumBank Holdings, Inc. has filed with the SEC since July 24, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
OptimumBank Holding Company issued $35.0 million of 7.50% fixed-to-floating rate subordinated notes due September 1, 2036, at 100% of face amount, in a private placement to institutional investors. The company said it will use the net proceeds for general corporate purposes and intends for the notes to qualify as Tier 2 capital, which adds $35.0 million of unsecured debt that ranks below its senior indebtedness.
$35.0 million principal at a fixed 7.50% rate until September 1, 2031, then resetting quarterly to three-month term SOFR plus 340 basis points
Issued at 100% of face amount under a Subordinated Note Purchase Agreement and Indenture dated August 19, 2026, with UMB Bank, National Association as trustee
Notes are unsecured, subordinated and junior in right of payment to current and future senior indebtedness; the company may redeem them on or after September 1, 2031
Registration Rights Agreement requires an exchange offer; the company must pay additional interest to holders if it fails to meet those obligations
OptimumBank said on its Q2 2026 earnings call script that it reported record quarterly net income of $6.66 million, or $0.28 per diluted share, and that it expects to raise its forward-looking annual earnings estimate to approximately $1.00 to $1.15 per share. The company also said it exchanged its Series B and Series C Convertible Preferred Stock into nonvoting common stock, which it said had minimal impact on dilution.
Q2 2026 net income of $6.66 million, up 43% from the first quarter and 85% from the second quarter of 2025
Diluted EPS of $0.28 for the quarter; the company cited a current quarterly run rate of approximately $0.28 per share
Forward-looking annual earnings estimate raised to approximately $1.00 to $1.15 per share
Net interest income of $14.7 million and net interest margin of 4.57% for the quarter
OptimumBank Holdings reported unaudited second-quarter 2026 net income of $6.7 million, or $0.28 per diluted share, up from $4.7 million and $0.20 per diluted share in the first quarter of 2026 and $3.6 million and $0.15 a year earlier. Gross loans rose $126.2 million to $1.2 billion and total deposits rose $121.2 million to $1.2 billion during the quarter, with net interest margin at 4.57%. The company will discuss the results on a webcast on August 13, 2026.
Net income of $6.7 million in Q2 2026, compared with $4.7 million in Q1 2026 and $3.6 million in Q2 2025
Diluted EPS of $0.28, compared with $0.20 in Q1 2026 and $0.15 in Q2 2025
Net interest margin of 4.57%, up 8 basis points from 4.49% in Q1 2026
Webcast to discuss results scheduled for August 13, 2026, at 1:00pm ET
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