Operator
Ladies and gentlemen, thank you for joining us, and welcome to the OptimumBank Holdings, Inc. Third Quarter 2026 Earnings Call. [Operator Instructions] I will now hand the conference over to Seth Denison, Managing Director of Investor Relations. Please go ahead.
Seth Denison
Managing Director of Investor and Corporate Relations
Good morning, everyone, and thank you for joining us today for OptimumBank Holdings Third Quarter 2026 Earnings Webcast. My name is Seth Denison, Managing Director of Investor Relations for OptimumBank. Joining me today are Moishe Gubin, our Chairman and Chief Executive Officer; Braden Smith, our President; and Elliot Nunez, our Chief Financial Officer.
The third quarter marked another significant milestone in OptimumBank’s continued evolution. Our organization reached nearly $1.6 billion in total assets, established another quarterly earnings record and continued demonstrating the strength of the banking franchise we have built over the past 26 years. Beyond our financial performance, which Moishe and Elliot will discuss in greater detail shortly, we continue making meaningful progress on several strategic initiatives designed to support our next phase of growth.
Optimum Finance continued growing its portfolio during the quarter and is becoming a contributor to our earnings. Optimum Funding is also supporting our existing health care lending activities at the bank, including lending to nursing home operators. Additionally, Optimum Funding is pursuing a new HUD license, which we anticipate receiving in 2027, further expanding our capabilities and creating additional opportunities in the health