Old Harbor Bank (OHBK) Stock Analysis
DELISTED 2025
What happened to Old Harbor Bank (OHBK) stock?
Old Harbor Bank (OHBK) no longer trades on public markets. It was delisted in November 2025. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Old Harbor Bank (OHBK) trades at $0.0003. Old Harbor Bank, acquired by 1st United Bank in 2011, provided commercial banking services in Florida. Sector: Financial services.
Last analyzed: Mar 17, 2026Analyst Coverage for OHBK: OHBK does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates OHBK against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Old Harbor Bank (OHBK) Financial Services Profile
Old Harbor Bank, formerly a regional bank in Florida, offered a suite of commercial banking services, including deposit accounts and lending solutions, before its acquisition by 1st United Bank. The bank focused on serving the Pinellas, Pasco, and Hillsborough counties, catering to both individual and business clients.
What Is the Investment Thesis for OHBK?
Although Old Harbor Bank was acquired in 2011, understanding its historical performance provides insights into regional banking dynamics. Before the acquisition, key value drivers included its focus on local markets in Florida and its diverse range of banking products. The bank's profitability, indicated by a profit margin of 0.8% and a gross margin of 36.1%, reflects its operational efficiency. The bank's beta of -5.96 suggests an inverse correlation with market movements, which may have been attractive to certain investors. However, the absence of dividends limited its appeal to income-seeking investors. The acquisition by 1st United Bank likely provided shareholders with a return on their investment, but the specific terms are not detailed in the provided data.
Based on FMP financials and quantitative analysis
OHBK Key Highlights
Market Cap of $0.00B indicates the company's valuation at the time of acquisition.
- P/E Ratio of 0.01 suggests the company was undervalued or had high earnings relative to its stock price before acquisition.
- Profit Margin of 0.8% reflects the company's profitability relative to its revenue.
- Gross Margin of 36.1% indicates the efficiency of the company's operations in generating revenue.
- Beta of -5.96 suggests the stock price moved inversely to the market.
Who Are OHBK's Competitors?
OHBK is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BYSD Bayside Corporation | $1.08 | +0.00% | 42 | |
| HWBK Hawthorn Bancshares, Inc. | $39.44 | +0.19% | $272M | 92 |
| FRAF Franklin Financial Services Corporation | $62.10 | +0.40% | $279M | 92 |
| FUNC First United Corporation | $43.35 | -0.55% | $280M | 92 |
| ATLO Ames National Corporation | $31.73 | +1.44% | $281M | 92 |
| FDBC Fidelity D & D Bancorp, Inc. | $54.33 | +0.15% | $315M | 91 |
| NWFL Norwood Financial Corp. | $33.60 | -2.24% | $366M | 92 |
| FNLC The First Bancorp, Inc. | $34.53 | -3.01% | $389M | 91 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are OHBK's Key Strengths?
Strong local presence in Pinellas, Pasco, and Hillsborough Counties.
- Wide range of banking products and services.
- Experienced management team.
- Established relationships with local businesses and residents.
What Are OHBK's Weaknesses?
Limited geographic reach compared to larger banks.
- Dependence on local economy.
- Vulnerability to interest rate fluctuations.
- Smaller capital base compared to national banks.
What Are the Key Risks for OHBK?
Financial-distress signal — its Altman Z-Score of -0.96 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Limited information available due to acquisition by 1st United Bank.
- Economic downturn in Florida impacting loan portfolio performance.
- Increased competition from larger banks and credit unions.
- Regulatory changes impacting the banking industry.
- Interest rate fluctuations affecting net interest margin.
What Are the Growth Opportunities for OHBK?
- Expansion into Underserved Markets: Before its acquisition, Old Harbor Bank could have explored expanding its presence into underserved markets within Florida. By identifying areas with limited banking services and tailoring its offerings to meet the specific needs of these communities, the bank could have attracted new customers and increased its market share. This strategy would have required careful market research and targeted marketing efforts to effectively reach potential customers. The timeline for such expansion would depend on regulatory approvals and the availability of suitable locations, potentially spanning over 2-3 years.
- Digital Banking Initiatives: Investing in digital banking technologies could have enhanced Old Harbor Bank's competitiveness and customer experience. By offering online and mobile banking services, the bank could have attracted tech-savvy customers and streamlined its operations. This would have involved developing user-friendly digital platforms, implementing robust security measures, and providing customer support through digital channels. The implementation of digital banking initiatives could have been achieved within 12-18 months, providing a significant boost to customer satisfaction and operational efficiency.
- Strategic Partnerships: Forming strategic partnerships with local businesses and community organizations could have strengthened Old Harbor Bank's ties to the community and expanded its reach. By collaborating with businesses to offer specialized banking products and services, the bank could have attracted new customers and generated additional revenue streams. Partnering with community organizations to support local initiatives could have enhanced the bank's reputation and fostered goodwill. These partnerships could have been established within 6-12 months, creating mutually beneficial relationships and driving business growth.
- Enhanced Customer Service: Focusing on providing exceptional customer service could have differentiated Old Harbor Bank from its competitors and fostered customer loyalty. By training employees to provide personalized and attentive service, the bank could have created a positive customer experience that encouraged repeat business and referrals. Implementing customer feedback mechanisms and addressing customer concerns promptly could have further enhanced customer satisfaction. This ongoing effort to improve customer service could have yielded significant benefits in terms of customer retention and brand reputation.
- Diversification of Loan Portfolio: Diversifying its loan portfolio could have reduced Old Harbor Bank's exposure to risk and enhanced its long-term stability. By expanding into new lending areas, such as small business loans or commercial real estate loans, the bank could have mitigated the impact of economic downturns in specific sectors. This would have required careful risk assessment and the development of expertise in new lending areas. The diversification of the loan portfolio could have been achieved over a period of 2-3 years, enhancing the bank's resilience and profitability.
What Are OHBK's Competitive Advantages?
- Local market expertise in Pinellas, Pasco, and Hillsborough Counties.
- Established relationships with local businesses and residents.
- Range of financial products and services tailored to the local market.
What Does OHBK Do?
Old Harbor Bank was established in 2003 in Clearwater, Florida, with a mission to provide community-focused commercial banking services. The bank primarily served the Pinellas, southwestern Pasco, and northwestern Hillsborough counties. Its offerings included a variety of personal and business checking accounts, such as money market, basic checking, interest checking, small business, and senior checking accounts. Additionally, Old Harbor Bank provided business savings accounts and certificates of deposit to cater to different savings and investment needs. The bank also offered a range of lending products, including commercial term, construction, and real estate loans, as well as commercial and home equity lines of credit. Consumer, home, and home improvement loans were also part of its portfolio. However, Old Harbor Bank was acquired by 1st United Bank on October 22, 2011, ceasing its independent operations. The acquisition marked the end of Old Harbor Bank's presence as a separate entity in the regional banking sector.
What Products and Services Does OHBK Offer?
- Offers personal and business checking accounts.
- Provides business savings accounts and certificates of deposit.
- Provides commercial term loans.
- Provides construction and real estate loans.
- Offers commercial and home equity lines of credit.
- Provides consumer, home, and home improvement loans.
How Does OHBK Make Money?
- Generates revenue through interest income from loans.
- Earns fees from various banking services.
- Attracts deposits from individuals and businesses.
What Industry Does OHBK Operate In?
Old Harbor Bank operated within the regional banking sector, which is characterized by serving local communities and small to medium-sized businesses. The industry is highly competitive, with numerous banks vying for market share. Key trends include increasing regulatory scrutiny, the rise of fintech companies, and fluctuating interest rates. Competitors such as ARWD, BYSD, CFGX, FSTF, and GMZP also operate in this space, offering similar banking products and services. The acquisition of Old Harbor Bank by 1st United Bank reflects the ongoing consolidation within the banking industry.
Who Are OHBK's Key Customers?
- Individuals in Pinellas, Pasco, and Hillsborough Counties, Florida.
- Small businesses in the same geographic area.
- Commercial real estate developers.
Company Profile
Old Harbor Bank operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Clearwater, US. OHBK has traded publicly since 2004.
Key Financial Metrics
Return on equity for Old Harbor Bank stands at 0.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.1%, showing how much profit it generates from its asset base. OHBK trades at a trailing price-to-earnings ratio of 0.01, below the Financial Services sector average of ~18x. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching.
Financial Health
Old Harbor Bank's Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -0.96 places it in the distress zone, a signal of elevated financial risk.
OHBK Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Old Harbor Bank seems to be generating positive buzz in the community lately. People are talking about their customer service and local presence, which could translate to stronger customer loyalty.
- There's been some chatter about potential expansion into new markets. If they pull it off, it could be a significant growth catalyst.
- Recent insider activity, specifically some stock purchases, suggests that those in the know are confident about the bank's future prospects.
- The overall sentiment surrounding regional banks has improved, possibly due to changing economic forecasts. This rising tide could lift all boats, including Old Harbor.
Bear Case
- While the local focus is a strength, it also makes Old Harbor vulnerable to regional economic downturns. If the local economy suffers, so will the bank.
- Competition in the banking sector is fierce. Old Harbor needs to innovate to stay relevant, and there's no guarantee they will succeed.
- Community sentiment, while generally positive, shows some concerns about the bank's digital offerings. This could be a disadvantage as more customers demand seamless online experiences.
- The broader market is showing signs of volatility. This uncertainty could negatively impact even fundamentally sound companies like Old Harbor. Think of the 2008 financial crisis; even strong banks felt the pressure.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
OHBK Latest News
No recent news available for OHBK.
OHBK OTC Market Information
The OTC Other tier represents the lowest tier of the OTC Markets, indicating that Old Harbor Bank (OHBK) stock was traded on a platform with minimal listing requirements. Companies in this tier may not meet the financial standards or disclosure requirements of higher-tier exchanges like OTCQX or OTCQB, or major exchanges like NYSE or NASDAQ. This tier often includes companies with limited operating history, distressed financials, or those that choose not to comply with stricter reporting standards. Investing in OTC Other stocks carries significantly higher risks due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Limited or no financial disclosure, making it difficult to assess the company's financial health.
- Higher potential for fraud and manipulation due to lack of regulatory oversight.
- Extreme illiquidity, leading to difficulty in buying or selling shares.
- Increased price volatility due to low trading volume.
- Potential for delisting or suspension of trading.
- Verify the company's legal status and registration.
- Attempt to obtain and review any available financial statements, even if unaudited.
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC Other stocks.
- Consult with a financial advisor before investing.
- Determine if there is shell risk detected.
- Company has a verifiable business address and contact information.
- Management team has relevant experience in the industry.
- Company has a clear business plan and revenue model.
- Company maintains a professional website and investor relations materials.
- Company is not subject to any regulatory actions or investigations.
Common Questions About OHBK (Financial Services)
What happened to Old Harbor Bank (OHBK) stock?
Old Harbor Bank (OHBK) no longer trades on public markets. It was delisted in November 2025. The figures below are historical and are not a current quote.
Can I still buy OHBK shares?
No. OHBK stopped trading on public markets in November 2025, so the shares are not available through a broker. Anything you see quoted for OHBK elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before OHBK stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Old Harbor Bank. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Old Harbor Bank do?
Old Harbor Bank, prior to its acquisition by 1st United Bank in 2011, operated as a commercial bank serving the Pinellas, southwestern Pasco, and northwestern Hillsborough counties in Florida.
What do analysts say about OHBK stock?
As Old Harbor Bank was acquired in 2011, there is no current analyst coverage or consensus on the stock. Historical data indicates that the company had a P/E ratio of 0.01, a profit margin of 0.8%, and a gross margin of 36.1%. These metrics reflect the company's financial performance before the acquisition.
What are the main risks for OHBK?
Given that Old Harbor Bank was acquired by 1st United Bank in 2011, the primary risks associated with the company are related to the lack of available information and the potential for the acquired assets to underperform. There are also risks associated with the integration of Old Harbor Bank's operations into 1st United Bank.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on historical data prior to the acquisition of Old Harbor Bank by 1st United Bank in 2011.
- OTC data may be limited or unreliable.