Optimumbank Holdings, Inc. · AMEX:OPHC
Optimumbank — Investor Presentation (August 2024)
16 slides from Optimumbank's investor presentation, Aug 2, 2024
Slide 1: OptimumBank Holdings, Inc.
OPTIMUMBANK OptimumBank Holdings, Inc. June 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 perma 2004 2006 2021 2023 prmumban-com | | Fort Lauderdale OptimumBank Growth to over Growth to over opened for r ; soe chee Sere branch is Holdings began $335 millionin $791 million in cell leeall opened trading on NASDAQ assets assets Plantation, FL eo 2024 Growth
Slide 5: OptimumBank Holdings, Inc. Overview
OptimumBank Holdings, Inc. Overview Holding Company for OptimumBank $900 Million in Total Assets * 98.60% Loan / Deposit Ratio + $761 million Gross Loan Portfolio + $763 million Deposits Le NASDAQ: OPHC Common Shares Outstanding: 9,677,431 Stock Price / Tangible Book Value: 0.48 Total pro-forma shar
Slide 6: Florida Market Trends and Advantages
Florida Market Trends and Advantages Population & GDP") Real Estate’) Employment?) 1 Florida has a GDP of $1.4 1 Florida’s robust real estate 1 Florida is the 3rd most Trillion Dellats populous state, with 23 market creates mortgage i . wnillisntpeeole: lending opportunities unique C Florida’s GDP g
Slide 7: Our History, Transformation and Significant Growth and Expansion
Our History, Transformation and Significant Growth and Expansion Noninterest Expense ($000) Employee Count as of June 30, 2024, is $9,792, annualized $19,584 Total Assets ($000) atl aa 2022 202 20x 20222025 une 2028 ma 20m Expansion of Franchise Footprint 2023 sisso4 sien sune2028 Annualized $899,77
Slide 8: Growth and Momentum Across All Areas
Growth and Momentum Across All Areas Lending Deposits Non-Interest Income Gross Loans Total Deposits As of June 30, 2024, $2,440 (Annualized $4,880) Sin thousands Sin thousands Sin thousands — $762,646 $4,880 3 8 saan s HX : esis : sisaas al S301 fol a ae eT a zz moze 203 se 2028 Annuatred Compositi
Slide 9: Leading Core Deposit Franchise
Leading Core Deposit Franchise Areas of Focus $ AUO0 - Total Deposits * Keys to Success CYEWKVTANUNN - Noninterest Bearing Deposits v Dedicated Deposit Relationship Managers v Merchant Cash Advance Industry y + Cost of Total Interest-Bearing pepostts Composition by Branches = FtLlauderdale = Deerfie
Slide 10: Credit Trends
Credit Trends Reserves / Loans (%) Non-Performing Assets / Total Assets (%) 0.90% 1.23% 1.22% 1.20% 1.19% 1.45% 1.08% 0.00% 2020 20212022 ans a National. 2020 Peers {1 Pers consist of publ traded (SE and NASDAQ) LS banks with 2024 total ass unde $28 0.54% 0.31% 0.13% 0.00% ~ & ae June2024 National P
Slide 11: Loan Detail
Loan Detail Industry Classification Breakdown Loan Growth by Loan Portfolio (2020-June 2024) Commercial EI 65% {and and construction 266% consumer RIS 503% Residential Rea tate NS 154% ‘Muti-fomiy RealEstate NINN — 207% one eT srr 82020 m2021 2022 2023 ne 2028 Loan Growth ($000) 2020 2021 2022 2023
Slide 12: Focus on Liquidity and Quality as of June 30, 2024
Focus on Liquidity and Quality as of June 30, 2024 $104MM of Available Liquidity «Including Cash and Investments Available for Sale « Liquid assets as a percent of deposits is 13.6% $220MM of Off-Balance Sheet Liquidity Sources = Including FHLB, Federal Reserve Bank, and Fed Funds lines > SO5MM of C
Slide 13: Go-Forward Focus
Go-Forward Focus Y Continue executing strategic plan v Further hiring to support lending capabilities Strategic v Further build out and integration of fee-based income business v Continued increase in Non-Interest Income v Focus on maintaining Net Interest Margin Financial Outlook OPTIMUMBANK
Slide 14: Compelling Investment Opportunity
Compelling Investment Opportunity Balance Sheet Growth Rates 2020 -June 2024 Loan Growth CAGR Per Share Growth Rates Tangible Book Value Per Share Broader Bank Universe OptimumBank vs, Efficiency Ratio 51.75% 852% OPTIMUMBANK — National Peer Median 2020- June 2024 Deposit Growth CAGR $10.39 $9.69 $8
Slide 15: Board of Directors
Board of Directors Moishe Gubin Chairman of the Board 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 Previously, Chief Financial Officer and manager
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 Email: mgubin@optimumbank.com T
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