OptimumBank

Fort Lauderdale, FL
IDRSSD: 2953418
Total Assets
$1.08B
Latest filing
Total Deposits
$960.56M
Latest filing
Net Interest Margin
4.35%
Profitability

Locations

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Main Office
OptimumBank
2929 E Commercial Blvd
Fort Lauderdale, FL 33308
Full Service - Brick and Mortar
Updated 11/14/2025Established 11/01/2000FDIC Certificate 80028

Branches (3)

Page 1 of 1
NameAddressCity / State
OptimumBank (Main)2929 E Commercial BlvdFort Lauderdale, FL
FT LAUDERDALE BRANCH2929 E Commercial Blvd Suite 101 And 301Fort Lauderdale, FL
DEERFIELD BEACH BRANCH2201 W Hillsboro BlvdDeerfield Beach, FL
NORTH MIAMI BEACH BRANCH757 Ne 167th StreetNorth Miami Beach, FL
Showing 3 of 3

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date11/01/2000
Community BankYes
Ownership TypeNot Mutual
ZIP33308
State and County Number12011
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameMiami-Fort Lauderdale-Pompano Beach, FL

Operational Info

Number of Employees88
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance11/01/2000
Primary Insurance AgencyDIF
Websitewww.optimumbank.com
Data Updated11/14/2025
CERT35430
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.08B
Total Deposits$960.56M
Total Liabilities$966.52M
Total Equity Capital$116.18M
Net Income$4.70M
Net Loans and Leases$802.81M
Assets Per Employee ($Millions)$11.28M
Bank Premises and Fixed Assets$4.56M
Cash and Balances due from Depository Institutions$176.81M
Deposits Held in Domestic Offices$960.56M

Key Performance Ratios

Return on Assets (ROA)1.81%
Return on Equity (ROE)16.56%
Net Interest Margin4.35%
Efficiency Ratio46.84%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.29%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.73%
Earning Assets to total Assets97.53%

Income and Expense

Total Interest Income$16.32M
Total Noninterest Income$1.98M
Total Interest Expense$5.27M
Total Noninterest Expense$6.10M
Net Interest Income$11.05M
Pre-tax Net Operating Income$6.16M
Provision for Credit Losses$763.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$605.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$59.30M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$5.96M
Total Liabilities and Capital$1.08B

Securities

Securities$26.28M
Available-for-sale debt securities$22.93M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$3.35M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of OptimumBank?
$1.08B as of the latest filing.
How much are OptimumBank's total deposits?
$960.56M in total deposits.
Where is OptimumBank located?
Fort Lauderdale, FL.
What is the Net Interest Margin?
4.35%.
How many domestic offices does it operate?
4.
When was it established?
11/01/2000.
What is the Return on Assets (ROA)?
1.81%.
How much are total loans and leases?
$802.81M (latest filing).
What is the total interest income (latest filing)?
$16.32M.