OptimumBank Holdings, Inc. (OPHC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'm going to give you the live go on the chat. We're going to start the webinar in about 10, 9, 8... Ladies and gentlemen, thank you for joining us and welcome to the Optimum Bank Holdings, Inc. Second Quarter 2026 Earnings Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please raise your hand. If you have dialed in to today's call, please press star 9 to raise your hand and star 6 to unmute. You are also welcome to ask a question through the text Q&A box or via email at sdenison at optimumbank.com. That is S-D-E-N-I-S-O-N at optimumbank.com. I will now hand the conference over to Seth Denison, Managing Director of Investor Relations. Please go ahead. Good afternoon, everyone, and thank you for joining us today for Optimum Bank Holdings' second quarter 2026 earnings webcast. The second quarter represents another milestone in the evolution of Optimum Bank. During the quarter, we continue to build upon the momentum established over the past several years, delivering record quarterly earnings while surpassing $1.4 billion in total assets for the first time in the company's history. These results reflect the continued execution of our relationship-based banking strategy, disciplined credit culture, and our focus on creating long term value for shareholders. Beyond our financial performance, the second quarter was also transformational from a corporate perspective. In May, the company announced planned executive leadership transition with our long-serving chairman, Moishe Gubin, assuming the additional role of chief executive officer, while veteran banking executive Braden Smith joined Optimum Bank as president. This transition was designed to position the company for its next phase of growth while mai...