Optimumbank Holdings, Inc. · AMEX:OPHC
Optimumbank — Investor Presentation (October 2024)
16 slides from Optimumbank's investor presentation, Oct 24, 2024
Slide 1: OptimumBank Holdings, Inc.
OPTIMUMBANK OptimumBank Holdings, Inc. September 30, 2024 (NASDAQ: 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: Leadership Team
Leadership Team Experienced Team with Strong Ties to the Community Moishe Gubin Chairman of the Board Director of OptimumBank Holdings, Inc. (Company) and OptimumBank (Bank) since March 2010 Chief Executive Officer of Strawberry Fields REIT (NYSE: STRW), an owner of a portfolio of healthcare propert
Slide 4: Business Evolution and Milestones
Business Evolution and Milestones a ee 2006 2021 2023 opened for Fort Lauderdale OptimumBank Growth to over Growth to over “ - branch is Holdings began $335 million in $791 million in pusiness i opened trading on NASDAQ assets assets Plantation, FL e. 2024 Growth to $945 million in 2004 2004 2020 20
Slide 5: OptimumBank Holdings, Inc. Overview
OptimumBank Holdings, Inc. Overview Holding Company for OptimumBank ii $945 Million in Total Assets + 95.34% Loan / Deposit Ratio + $778 million Gross Loan Portfolio + §807 million Deposits Sb NASDAQ: OPHC ‘Common Shares Outstanding: 10,006,960 Stock Price / Tangible Book Value: 0.49 Total pro-forma
Slide 6: Florida Market Trends and Advantages
Florida Market Trends and Advantages GDPt) QO Florida has a GDP of $1.4 Trillion Dollars QO Florida’s GDP growth is ranked third in the country Q South Florida accounts for 1/3rd of Florida GDP Q Miami-Fort Lauderdale- West Palm Beach, FL (MSA) Real GDP grew 3.3% vs 2.0% for US 2018-2022 Population
Slide 7: Our History, Transformation and Significant Growth and Expansion
Our History, Transformation and Significant Growth and Expansion f c Noninterest Expense ($000) Total Assets ($000) Employee Count asof September 3, 2024, $15,078 (Annualized $20,104) December 31, 2020-Sentember 30,2024, Total Assets Growth CAGR $945,202 a szoa04 60 ¥ a susses 38 2 ii $951,878 A S58
Slide 8: Growth and Momentum Across All Areas
Growth and Momentum Across All Areas Lending Deposits Non-Interest Income Gross Loans ($000) Total Deposits ($000) Total Non- Interest income ($000) December 31, 2020-September 30, 2024, Non-Interest Income CAGR December 31, 2020-September 30, 2024, Gross Loans CAGR December 31, 2020-September 30, 2
Slide 9: Leading Core Deposit Franchise as of September 30, 2024
Leading Core Deposit Franchise as of September 30, 2024 Areas of Focus $ (elo - Total Deposits + Keys to Success CYIPRYERUNON « Noninterest Bearing Deposits Y Dedicated Deposit Relationship Managers + Cost of Total Interest-Bearing 9) SOM Deposits Fao | v Merchant Cash Advance Industry Composition b
Slide 10: Credit Trends
Credit Trends Reserves / Loans (%) Non-Performing Assets / Total Assets (%) 0.90% 1.23% 1.22% 1.20% 1.19% 113% 1.07%. 0.549, 0.23% 0.13% 0.00% 0.00% * 021 2022 2023 September National 2020 2023 © September Nat OPTIMUMBANK 30,2028 Peers ” OPTIMUMBANK 20,2024 Peers (2) Peers consist of 61 publicly tra
Slide 11: Loan Detail
Loan Detail Industry Classification Breakdown Loan Growth by Loan Portfolio (as of September 30, 2024) (December 31, 2020-September 30, 2024) Residential, 9.75% commercial INE 3% Land and construction n1% consumer RIES 742% Residential RealEstate NIRS 251% ‘MuthFomiy Real tate INNES — 202% commercia
Slide 12: Focus on Liquidity and Quality as of September 30, 2024
Focus on Liquidity and Quality as of September 30, 2024 $132MM of Available Liquidity = Including Cash and Investments Available for Sale = Liquid assets as a percent of deposits is 16.3% S217MM of Off-Balance Sheet Liquidity Sources = Including FHLB, Federal Reserve Bank, and Fed Funds lines * $241
Slide 13: Go-Forward Focus
Go-Forward Focus Strategic Continue executing strategic plan Further hiring to support lending capabilities Further build out and integration of fee-based income business Financial Outlook Continued increase in Non-Interest Income Focus on maintaining Net Interest Margin OPTIMUMBANK
Slide 14: Compelling Investment Opportunity
Compelling Investment Opportunity Balance Sheet Growth Rates OptimumBank vs, Broader Bank Universe Per Share Growth Rates Loan Growth CAGR Tangible Book Value Per Share ici i December 31, 2020 - September 30, 2024 i Efficiency Ratio $10.39 147% 53.9906 a8 $9.26 $8.06 $2.48 8.52% A ™ : ncaa aea,=Ssez
Slide 15: Board of Directors
Board of Directors Moishe Gubin + 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 healthcare properties Chairman ofthe Board |e viously, Chief Financial Officer and manag
Slide 16: Contact Information
Contact Information Corporate Headquarters Company Contacts OPTIMUMBANK OptimumBank Holdings, Inc. 2929 East Commercial Boulevard Suite 303 Fort Lauderdale, FL 33308 (954) 900-2800 www.optimumbank.com Moishe Gubin Chairman of the Board & Director Phone: (954) 900-2813 gubin@optimumbank.com Timothy T
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