Optimumbank Hldgs (OPHC) Swings to Q1 Loss

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OptimumBank Holdings, Inc. Announces First Quarter Results

May 15, 2015 1:45 PM EDT

FORT LAUDERDALE, Fla., May 15, 2015 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (Nasdaq: OPHC), the parent company of OptimumBank ("Company"), announced today a net loss for the first quarter ending March 31, 2015 of approximately $(182,000), or $(.02) per basic share, as compared to net earnings for the same period last year of approximately $330,000, or $.04 per basic share. The loss was due to shareholder related expenses such as NASDAQ listing services and one time compensation for select OPHC directors.

OptimumBank (Bank), the sole subsidiary of the Company,... More

OptimumBank Holdings, Inc. Announces First Quarter Results

May 15, 2015 1:45 PM EDT

FORT LAUDERDALE, Fla., May 15, 2015 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (Nasdaq: OPHC), the parent company of OptimumBank ("Company"), announced today a net loss for the first quarter ending March 31, 2015 of approximately $(182,000), or $(.02) per basic share, as compared to net earnings for the same period last year of approximately $330,000, or $.04 per basic share. The loss was due to shareholder related expenses such as NASDAQ listing services and one time compensation for select OPHC directors.

OptimumBank (Bank), the sole subsidiary of the Company,... More