OptimumBank Holdings, Inc. Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: OptimumBank Holdings, Inc. quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
OptimumBank Holdings, Inc. Interest Expense for the quarter ending March 31, 2024 was $5.71M, a 133% increase year-over-year.
OptimumBank Holdings, Inc. Interest Expense for the twelve months ending March 31, 2024 was $15.3M, a 145% increase year-over-year.
OptimumBank Holdings, Inc. annual Interest Expense for 2023 was $12.1M, a 198% increase from 2022.
OptimumBank Holdings, Inc. annual Interest Expense for 2022 was $4.05M, a 311% increase from 2021.
OptimumBank Holdings, Inc. annual Interest Expense for 2021 was $985K, a 42.7% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$12.1M	+$8.02M	+198%	Jan 1, 2023	Dec 31, 2023	10-K	2024-03-08
2022	$4.05M	+$3.06M	+311%	Jan 1, 2022	Dec 31, 2022	10-K	2024-03-08
2021	$985K	-$735K	-42.7%	Jan 1, 2021	Dec 31, 2021	10-K	2023-03-06
2020	$1.72M	-$326K	-15.9%	Jan 1, 2020	Dec 31, 2020	10-K	2022-03-08
2019	$2.05M	+$800K	+64.2%	Jan 1, 2019	Dec 31, 2019	10-K	2021-03-25
2018	$1.25M	+$50K	+4.18%	Jan 1, 2018	Dec 31, 2018	10-K	2020-03-25
2017	$1.2M	+$117K	+10.8%	Jan 1, 2017	Dec 31, 2017	10-K	2019-03-27
2016	$1.08M	+$195K	+22.1%	Jan 1, 2016	Dec 31, 2016	10-K	2018-03-28
2015	$884K	-$27K	-2.96%	Jan 1, 2015	Dec 31, 2015	10-K	2017-03-20
2014	$911K	-$1.01M	-52.5%	Jan 1, 2014	Dec 31, 2014	10-K	2016-03-25
2013	$1.92M	-$662K	-25.6%	Jan 1, 2013	Dec 31, 2013	10-K	2015-04-02
2012	$2.58M	-$846K	-24.7%	Jan 1, 2012	Dec 31, 2012	10-K	2014-03-31
2011	$3.43M	-$1.44M	-29.6%	Jan 1, 2011	Dec 31, 2011	10-K	2013-04-04
2010	$4.87M			Jan 1, 2010	Dec 31, 2010	10-K	2012-03-30

* An asterisk sign (*) next to the value indicates that the value is likely invalid.