Optimumbank Holdings, Inc. · AMEX:OPHC
Optimumbank — Shareholder Meeting (April 2025)
25 slides from Optimumbank's shareholder meeting presentation, Apr 24, 2025
Slide 1: Annual Shareholder Meeting
OPTIMUMBANK OptimumBank Holdings, Inc. Annual Shareholder Meeting April 29, 2025 (NYSE: OPHC)
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements, which can be identified by the use of words such as “estimate,” “project,” “believe,” “intend,” “anticipate,” “plan,” “seek,” “expect” and words of similar meaning. These forward-looking statements include but are not
Slide 3: Annual Shareholder Meeting Agenda
Annual Shareholder Meeting Agenda el. ° 2. Introductory remarks by Moishe Gubin Chairman of the Board Introduction of Board of Directors Introduction of Management Affidavit of Mailing Notice of Meeting Appointment of Inspector Determination of Quorum Call for Vote on Proposal 1 - Election of Direct
Slide 4: Highlights of 2024
Highlights of 2024 * Achieved significant asset growth, rising nearly 18% from $791MM to an historic high just under $933MM “ Stockholders’ equity reached a record high of $103MM, growing over 47% from $70MM in 2023 * Net earnings hit a record $13.1MM in 2024, up 109% from $6.3MM in 2023. ROAE rose
Slide 5: 10-Year Balance Sheet Growth (2015-2024)
Balance Sheet Growth as of December 31, 2024 1000 lions) fon) oO oO inmil (in mi oO § Amount mS Oo oO 10-Year Balance Sheet Growth (2015-2024) @ Total Assets & Total Deposits @ Stockholders’ Equity 0 103.0 385 62.6 ; 3.0 3.1 25 5.3 72 17.8 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 OPTIMUMBAN
Slide 6: Balance Sheet Comparison March 31, 2025 (unaudited)
Balance Sheet Comparison March 31, 2025 (unaudited) Q1 2024 Q1 2024 vs Q1 2025 Balance Sheet Comparison mQ1 2025 1000 977.5 940.6 900 857.6 869.5 852.9 798.4 700 lions) $ Amount (in mil & 3g 8 oO oO oO w fo) 3 100 83.0 Assets Liabilities Equity Deposits BANK
Slide 7: 10-Year Earnings Growth (2015-2024)
$ Amount (in thousands) Earnings Growth as of December 31, 2024 70000 60000 50000 40000 30000 20000 10000 -10000 -20000 10-Year Earnings Growth (2015-2024) m Credit Loss Expense m Noninterest Income m@ Net Earnings @ Total Revenue 22.8M 12.2M 7.0M 4.9M 4.6M 4.8M 4.4M 5.4M | _I I I _all O | d call on
Slide 8: Earnings Comparison March 31, 2025 (unaudited)
Earnings Comparison March 31, 2025 (unaudited) Q1 Earnings Comparison: 2024 vs 2025 20 @Q1 2024 mQ1 2025 15.01 15 a c 2 = 10 & & 2 5.71 5.58 Sos 25 3.87 E 2.38 =< ac 06 eae 24 1.23 oa gst 0 @ goat) 17) © S o Rw Rw SX s&s & & & & & & oe eS Ss os Ss 8 wv es os & ¢ & ma s 3 S << S < x Ca Oo & S S S S s
Slide 9: 10-Year Net Interest Margin Growth (2015-2024)
Net Interest Margin Growth as of December 31, 2024 10- Year Net Interest Margin (NIM) Growth (2015-2024) 4.5% 10, 4.0% 3.75% 383% 3.56% 3.53% 3.5% 3.37% 3.39% 3.12% 319% 3.14% 3.0% 2.89% w25% = Z 2.0% 1.5% 1.0% 0.5% 0.0% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Year OPTIMUMBANK °
Slide 10: Return on Average Equity Comparison
Return on Average Equity Comparison December 31, 2024 Return on Average Equity (ROAE) — FY 2023 & FY 2024 m@ ROAE (Net Income) @ ROAE Core (1) 25.0% 23.12% 20.0% 19.09% 15.28% 15.0 s mg =? & 10.0% 5.0% 0.0% 2023 Year 2024 1. Non-GAAP measure, defined as net earnings excluding taxes and provision for
Slide 11: Leading Core Deposit Franchise
Leading Core Deposit Franchise Total Deposits + Noninterest Bearing Deposits | 402% | * Cost of Total Interest-Bearing Deposits Composition by Branches = Deerfield = Ft. Lauderdale = N. Miami Beach Q1 2025 Total Deposits = Deerfield m Ft. Lauderdale & N. Miami Beach + Noninterest Bearing Deposits 3.
Slide 12: Deposits Comparison March 31, 2025 (unaudited)
Deposits Comparison March 31, 2025 (unaudited) Q1 2024 Deposit Composition Q1 2025 Deposit Composition NOW and Savings NOW and Savings Noninterest bearing DDA Noninterest bearing DDA Money Market Money Market Time Deposits , Time Deposits OPTIMUMBANK
Slide 13: Details on Loan Portfolio Quality as of March 31, 2025
Details on Loan Portfolio Quality as of March 31, 2025 “ Owner Occupied Office = 18 Loans totaling $20.83MM = Top five deal sizes: $3.8MM, $3.0MM, $2.75MM, $2.28MM, $1.25MM # Investor-Owned Office = 19 Loans totaling $93.36MM « Top five deal sizes: $15.50MM, $12.38MM $9.77MM, $9.07MM, $7.70MM % Hote
Slide 14: OptimumBank Holdings, Inc. Overview
OptimumBank Holdings, Inc. Overview as of December 31, 2024 Holding Company for OptimumBank $933 Million in Total Assets LB NYSE American: OPHC 103% Loan / Deposit Ratio >—ommon Shares Outstanding: 11,636,092 * $804 million Gross Loan Portfolio + Stock Price / Non-diluted tangible book value: 0.54 2
Slide 15: Closing Price (USD)
Closing Price (USD) OPHC Share Prices on December 31, 2020 to 2024 Year Closing Price (USD) Annual % Change 2020 $3.37 = 2021 $3.93 +16.6% 2022 $4.09 +4.1% 2023 $4.18 +2.2% 2024 $4.76 +13.9% OPHC 5-Year Stock Price (Closing) — 2021 2022 2023 2024 OPTIMUMBANK
Slide 16: Conclusion
Conclusion “ Tally the Votes Answer Questions “+ End of OptimumBank Holdings, Inc. 2025 Shareholder Meeting and Investor Day For further information about OptimumBank, please email Seth Denison, at Sdenison@OptimumBank.com OPTIMUMBANK *
Slide 17: Appendix
Appendix OPTIMUMBANK
Slide 18: Board of Directors
Board of Directors Moishe Gubin Chairman of the Board Michael Blisko Joel Klein Steven Newman Thomas Procelli Avi Zwelling Director of the OptimumBank Holdings, Inc. (Company) and OptimumBank (Bank) since March 2010 Chief Executive Officer of Strawberry Fields REIT, LLC, an owner of a portfolio of h
Slide 19: Leadership Team
Leadership Team Experienced Team with Strong Ties to the Community Moishe Gubin Chairman of the Board Timothy Terry President, CEO Elliot Nunez EVP, CFO Director of OptimumBank Holdings, Inc. (Company) and OptimumBank (Bank) since March 2010 Chief Executive Officer of Strawberry Fields REIT (NYSE: S
Slide 20: Balance Sheet
Balance Sheet as of December 31, 2024 Total cash and cash equivalents 93,630 Noninterest Bearing Deposits 211,900 Debt securities available for sale 22,773 Interest bearing Deposits 560,295 Debt securities held-to-maturity 281 Total deposits 772,195 Loans, net of allowance for credit loss 794,985 Fe
Slide 21: Balance Sheet as of March 31, 2025 (unaudited)
Balance Sheet as of March 31, 2025 (unaudited) Total cash and cash equivalents 143,456 Noninterest Bearing Deposits 235,779 Debt securities available for sale 23,043 Interest bearing Deposits 617,155 Debt securities held-to-maturity 269 Total deposits 852,934 Loans, net of allowance for credit loss
Slide 22: Earnings Statement as of YE
Earnings Statement as of YE December 31, 2024 Interest income Loans Debt securities/Other Total interest income Interest expense Deposits Borrowings Total interest expense Net interest income Credit loss expense Net interest income after credit loss expense Total noninterest income Noninterest expen
Slide 23: Earnings Statement as of March 31, 2025 (unaudited)
Earnings Statement as of March 31, 2025 (unaudited) Interest income Loans 13,601 Debt securities/Other 1,406 Total interest income 15,007 Interest expense Deposits 5,278 Borrowings 303 Total interest expense 5,581 Net interest income 9,426 Credit loss expense/recovery (165) Net interest income after
Slide 24: Loan Detail
Loan Detail as of December 31, 2024 Loan Growth by Loan Portfolio $ (2020-2024) 600,000 500,000 400,000 300,000 200,000 100,000 Commercial RE 71,714 129,468 310,695 422,680 485,672 Multi Family RE 20,537 48,592 69,555 67,498 64,001 on |) Residential RE 30,254 32,583 50,354 71,400 74,064 2020 m2021 m
Slide 25: Loan Detail
Loan Detail as of December 31, 2024 Industry Classification Breakdown Loan Growth by Loan Portfolio (2020-2024) Commercial L 142% Land and constuction [f)) 527% Consumer pS ex Resident Real tate (RNB 145% Multi-Family Realestate NI) — 210s ConmedalRealestte TS nx ©2020 2021 2022 ©2023 © 2024
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