OPHC operates as small bank out of Fort lauderdale FL with a primary focus on provided banking for high risk merchant cash advance companies.
They're very heavily reliant on the MCA industry for revenue from the ACH processing and ate heavily exposed to none conforming loans in FL.
If either the merchant cash advance industry or the housing market in FL takes a hit, this bank is toast……
Look at their filling you'll be able to see their exposure…
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