Mr. Timothy L. Terry has been Chief Executive Officer and President of Optimumbank, a subsidiary of OptimumBank Holdings Inc. since February 12, 2013. Mr. Terry serves as the Principal Executive Officer of OptimumBank Holdings Inc. He served as Chief Executive Officer and President of Putnam State Bank since September 2011. He served as President and Chief Executive Officer of North Palm Beach, Fla.-based Enterprise BanCorp. Inc. unit Enterprise Bank of Florida, the publication reported. Mr. Terry has been in banking for 34 years. He served as Interim President and Chief Executive Officer of Putnam State Bank in Palatka, Florida, from 2011 to 2012. Prior to joining OptimumBank, he served as President & Senior Loan Officer for Enterprise Bank of Florida in North Palm Beach, Florida and held senior lending, branch administration & sales management positions at Palm Beach National Bank & Trust, Flagler National Bank of the Palm Beaches and Comerica Bank. From 2005 to 2011, he served as President and Chief Executive Officer of Enterprise Bank of Florida, after initially serving as Executive Vice President, Senior Loan Officer, Branch Administrator and Sales Manager from 2002. From 1999 to 2002, Mr. Terry served as Executive Vice President and Senior Loan Officer of Palm Beach National Bank and Trust. From 1985 to 1993, Mr. Terry served as Vice President of Flagler National Bank, West Palm Beach, Florida. Prior to that, he served as Assistant Vice President of SNB Bank and Trust in Battle Creek, Michigan. Mr. Terry received his BBA degree in finance from Western Michigan University located in Kalamazoo, Michigan. He is also a graduate of the American Bankers Association Stonier Graduate School of Banking at the University of Delaware.