OptimumBank Holdings, Inc.

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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 maintaining the continuity that has defined Optimum Bank for more than 25 years. We also completed an important simplification of our capital structure through the exchange of all outstanding Series B and Series C convertible preferred stock into non-voting common stock. Because the preferred shares had already been reflected in our fully diluted share count, the transaction had minimal impact on dilution while creating a simpler and more transparent capital structure for investors going forward. Operationally, we also continued expanding our lending platform. During the quarter, Optimum Finance completed its first transaction, providing another avenue for growth while allowing the company to leverage third-party capital alongside our traditional banking platform. Combined with the earlier formation of Optimum Funding, these initiatives broaden our product offerings and create additional opportunities to serve our customers while diversifying future earnings streams. The investment community has also continued to recognize our progress. During the quarter, Optimum Bank earned two nationally recognized distinctions, including being ranked the 49th best performing community bank in the nation by S&P Global Market Intelligence and being recognized by Raymond James as Community Bankers Cup recipient, placing Optimum Bank among the top performing publicly traded community banks in the country. That recognition has also extended to the research community. During the quarter, Breen Capital and AGP, or Alliance Global Partners, initiated research coverage with buy ratings, while CompassPoint upgraded its rating on Optimum Bank from neutral to buy. Together, these developments expanded independent research coverage while reinforcing growing institutional awareness of the company's financial performance, discipline execution, and long-term growth strategy. While external recognition is certainly encouraging, our focus remained unchanged. Every day, we remain committed to serving our customers, supporting our communities, and executing on the strategy that has produced these results. We believe that continued execution will create lasting value for our shareholders over the long term. Today's call may include forward-looking statements based on management's current expectations, assumptions, and beliefs about Optimum Bank's business and environment in which it operates. These statements are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. The call is being recorded, and we refer you to our SEC filings, including our most recent Form 10-Q, for additional information regarding risk factors and forward-looking statements. Additionally, references will be made during this call to non-GAAP financial results. Investors are encouraged to review these non-GAAP financial measures as identified in the presentation deck. Joining me today are Moishe Gubin, Chairman of the Board and Chief Executive Officer, Braden Smith, President, and Elliot Nunez, Chief Financial Officer and Executive Vice President. This leadership team combines decades of banking, financial, and executive leadership experience and is well-positioned to guide the company's continued growth. After this brief presentation, Moishe, Braden, and Elliot will be available for any viewers' questions during Q&A session. With that, I'll turn it over to Moishe to begin the presentation.