OptimumBank Holdings ( OPHC) Company Profile: OptimumBank operates as the bank holding company for OptimumBank, which provides community banking products and services to individuals and corporate customers in the Broward, Miami-Dade and Palm Beach counties of Florida. Current Share Price: $2.60 (Feb. 7) Listing Violation: Board independence. The listing rule requires the board of directors to have a majority of members who are independent. Independent director Jack Calloway resigned from OptimumBank's board of directors on Jan. 6, leaving the company with only three independent directors on its six member board. Received Nasdaq Notice: Jan. 10 Management's Expected Action: OptimumBank said it is actively seeking a qualified independent director to fill the vacancy on its board of directors. The Nasdaq listing rule provides the company with a cure period until either its next annual shareholders' meeting or Jan. 6, 2012, whichever is earlier. If the next annual shareholders' meeting is held before July 5, a resolution must come no later than that date.