OptimumBank Holdings, Inc. (OPHC) financial statements (2021 and earlier)

Company profile

Business Address 2477 EAST COMMERCIAL BOULEVARD
FORT LAUDERDALE, FL 33308
State of Incorp. FL
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments559812181012
Cash and cash equivalents559812181012
Total current assets:559812181012
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment1133333
Total noncurrent assets:2233333
Other undisclosed assets178115908299114110
TOTAL ASSETS:23512710096120127125
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities   0   
Employee-related liabilities   0   
Debt2 55   
Total current liabilities:2 55   
Noncurrent Liabilities
Other undisclosed liabilities2151209088117125122
Total liabilities:2171209593117125122
Stockholders' equity
Stockholders' equity attributable to parent18753333
Common stock0000000
Additional paid in capital50393634343333
Accumulated other comprehensive income (loss)(0)(0)(0)(0)(0)(0)0
Accumulated deficit(32)(32)(31)(31)(31)(30)(30)
Total stockholders' equity:18753333
TOTAL LIABILITIES AND EQUITY:23512710096120127125

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues7504445
Net investment income7504444
Cost of revenue(1)    (0)(0)
Provision for loan, lease, and other losses(1)  
Financial services costs  (0)(0)
Gross profit:5504445
Operating expenses(2)(2)(1)(4)(3)(10)(11)
Other operating income, net
(Noninterest Income, Other Operating Income)
0000000
Operating income (loss):43(1)11(5)(6)
Nonoperating income   0001
Investment income, nonoperating   0000
Gains on sales of other real estate    001
Interest and debt expense(2)(2)(1)(1)(1)(1)(1)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(3)(2) (0)(1)6 
Loss from continuing operations before equity method investments, income taxes:(1)(1)(3)(1)(0)(0)(6)
Other undisclosed income from continuing operations before income taxes      7
Income (loss) from continuing operations before income taxes:(1)(1)(3)(1)(0)(0)2
Income tax benefit 0   0 
Net income (loss):(1)(1)(3)(1)(0)(0)2
Other undisclosed net income attributable to parent  3    
Net income (loss) available to common stockholders, diluted:(1)(1)1(1)(0)(0)2

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(1)(1)(3)(1)(0)(0)2
Other comprehensive income (loss)00(0)0(0)(0)0
Comprehensive income (loss):(1)(1)(3)(1)(1)(0)2
Other undisclosed comprehensive income, net of tax, attributable to parent  3    
Comprehensive income (loss), net of tax, attributable to parent:(1)(1)1(1)(1)(0)2

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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