PCB Bancorp Reports Record Earnings for Q3 2026

By Business Wire | October 29, 2026, 4:05 PM

LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank (the “Bank”), today reported net income available to common shareholders of $12.1 million, or $0.85 per diluted common share, for the third quarter of 2026, compared with $10.4 million, or $0.73 per diluted common share, for the previous quarter and $11.3 million, or $0.78 per diluted common share, for the year-ago quarter.

Q3 2026 Highlights

Net income available to common shareholders totaled $12.1 million, or $0.85 per diluted common share, for the current quarter;
Provision (reversal) for credit losses was $(705) thousand for the current quarter compared with $926 thousand for the previous quarter and $(381) thousand for the year-ago quarter;
Allowance for Credit Losses (“ACL”) on loans to loans held-for-investment ratio was 1.20% at September 30, 2026 compared with 1.18% at June 30, 2026, and 1.20% at September 30, 2025;
Net interest income was $28.8 million for the current quarter compared with $27.5 million for the previous quarter and $27.0 million for the year-ago quarter. Net interest margin was 3.35% for the current quarter compared with 3.33% for the previous quarter and 3.28% for the year-ago quarter;
Gain on sale of loans was $1.6 million for the current quarter compared with $1.2 million for the previous quarter and $1.6 million for the year-ago quarter;
Total assets were $3.54 billion at September 30, 2026, an increase of $67.5 million, or 1.9%, from $3.47 billion at June 30, 2026, an increase of $255.9 million, or 7.8%, from $3.28 billion at December 31, 2025, and an increase of $174.2 million, or 5.2%, from $3.36 billion at September 30, 2025;
Loans held-for-investment were $2.84 billion at September 30, 2026, a decrease of $87.2 million, or 3.0%, from $2.93 billion at June 30, 2026, but an increase of $24.5 million, or 0.9%, from $2.82 billion at December 31, 2025 and an increase of $92.3 million, or 3.4%, from $2.75 billion at September 30, 2025; and
Total deposits were $3.08 billion at September 30, 2026, an increase of $153.9 million, or 5.3%, from $2.92 billion at June 30, 2026, an increase of $281.2 million, or 10.1%, from $2.80 billion at December 31, 2025, and an increase of $163.1 million, or 5.6%, from $2.91 billion at September 30, 2025.

Henry Kim, President and CEO, commented, “We delivered another quarter of strong financial performance despite a competitive operating environment and continued interest rate volatility. Our results reflect disciplined execution across the organization, highlighted by record earnings, solid core deposit growth, and an improvement in net interest margin.

“During the quarter, we remained focused on prudent balance sheet management and long-term risk-adjusted returns. As part of that strategy, we selectively reduced certain large commercial lending relationships that no longer met our risk and return objectives. While these actions contributed to lower loan balances, they strengthened our liquidity position and reinforced the overall quality of our balance sheet.

“Our strong retail deposit growth, solid capital position, and disciplined credit culture continue to provide a foundation for sustainable growth. As we look ahead to the remainder of 2026 and into 2027, we believe we are well positioned to deploy our excess liquidity, capitalize on attractive growth opportunities, and continue delivering long-term value for our shareholders.”

Financial Highlights (Unaudited)

($ in thousands, except per share data)	Three Months Ended													Nine Months Ended
($ in thousands, except per share data)	9/30/2026			6/30/2026			% Change		9/30/2025			% Change		9/30/2026			9/30/2025			% Change
Net income	$	12,208		$	10,507		16.2	%	$	11,412		7.0	%	$	33,368		$	28,218		18.3	%
Net income available to common shareholders	$	12,122		$	10,420		16.3	%	$	11,326		7.0	%	$	33,109		$	28,005		18.2	%
Diluted earnings per common share (“EPS”)	$	0.85		$	0.73		16.4	%	$	0.78		9.0	%	$	2.32		$	1.94		19.6	%

Net interest income	$	28,819		$	27,494		4.8	%	$	26,978		6.8	%	$	83,123		$	77,251		7.6	%
Provision (reversal) for credit losses		(705	)		926		NM			(381	)	85.0	%		688			3,004		(77.1	)%
Noninterest income		3,573			3,203		11.6	%		3,414		4.7	%		10,150			9,291		9.2	%
Noninterest expense		16,052			15,113		6.2	%		14,869		8.0	%		45,979			44,172		4.1	%

Return on average assets (“ROAA”) ⁽¹⁾		1.38	%		1.24	%				1.35	%				1.31	%		1.17	%
Return on average shareholders’ equity (“ROAE”) ⁽¹⁾		12.03	%		10.55	%				11.92	%				11.18	%		10.10	%
Return on average tangible common equity (“ROATCE”) ^(1),(2)		14.42	%		12.65	%				14.46	%				13.42	%		12.30	%
Net interest margin ⁽¹⁾		3.35	%		3.33	%				3.28	%				3.35	%		3.29	%
Efficiency ratio ⁽³⁾		49.56	%		49.23	%				48.92	%				49.30	%		51.04	%

($ in thousands, except per share data)	9/30/2026			6/30/2026			% Change		12/31/2025			% Change		9/30/2025			% Change
Total assets	$	3,537,672		$	3,470,124		1.9	%	$	3,281,771		7.8	%	$	3,363,506		5.2	%
Net loans held-for-investment		2,810,769			2,897,281		(3.0	)%		2,787,019		0.9	%		2,719,554		3.4	%
Total deposits		3,076,593			2,922,659		5.3	%		2,795,412		10.1	%		2,913,502		5.6	%
Book value per common share ⁽⁴⁾	$	28.61		$	28.40				$	27.41				$	26.93
TCE per common share⁽²⁾	$	23.69		$	23.49				$	22.55				$	22.09
Tier 1 leverage ratio (consolidated)		11.77	%		11.89	%				11.89	%				11.57	%
Total shareholders’ equity to total assets		11.37	%		11.54	%				11.88	%				11.43	%
TCE to total assets ^{(2), (5)}		9.41	%		9.55	%				9.78	%				9.38	%

(1)	Ratios are presented on an annualized basis.
(2)	Non-GAAP. See “Non-GAAP Financial Measures” for a reconciliation of this measure to its most comparable GAAP measure.
(3)	Calculated by dividing noninterest expense by the sum of net interest income and noninterest income.
(4)	Calculated by dividing total shareholders’ equity by the number of outstanding common shares.
(5)	The Company had no intangible asset component for the presented periods.

Results of Operations (Unaudited)

Net Interest Income and Net Interest Margin

The following table presents the components of net interest income for the periods indicated:

	Three Months Ended													Nine Months Ended
($ in thousands)	9/30/2026			6/30/2026			% Change		9/30/2025			% Change		9/30/2026			9/30/2025			% Change
Interest income/expense on
Loans	$	47,154		$	45,886		2.8	%	$	46,193		2.1	%	$	137,524		$	134,697		2.1	%
Investment securities		2,073			1,795		15.5	%		1,474		40.6	%		5,442			4,344		25.3	%
Other interest-earning assets		3,255			2,359		38.0	%		3,804		(14.4	)%		8,387			8,630		(2.8	)%
Total interest-earning assets		52,482			50,040		4.9	%		51,471		2.0	%		151,353			147,671		2.5	%
Interest-bearing deposits		23,242			21,795		6.6	%		23,995		(3.1	)%		66,515			69,064		(3.7	)%
Borrowings		421			751		(43.9	)%		498		(15.5	)%		1,715			1,356		26.5	%
Total interest-bearing liabilities		23,663			22,546		5.0	%		24,493		(3.4	)%		68,230			70,420		(3.1	)%
Net interest income	$	28,819		$	27,494		4.8	%	$	26,978		6.8	%	$	83,123		$	77,251		7.6	%
Average balance of
Loans	$	2,902,481		$	2,885,996		0.6	%	$	2,784,148		4.3	%	$	2,876,614		$	2,738,957		5.0	%
Investment securities		195,312			178,716		9.3	%		152,084		28.4	%		178,402			149,914		19.0	%
Other interest-earning assets		311,417			249,717		24.7	%		327,637		(5.0	)%		266,040			246,396		8.0	%
Total interest-earning assets	$	3,409,210		$	3,314,429		2.9	%	$	3,263,869		4.5	%	$	3,321,056		$	3,135,267		5.9	%
Interest-bearing deposits	$	2,445,630		$	2,326,163		5.1	%	$	2,326,170		5.1	%	$	2,350,909		$	2,218,542		6.0	%
Borrowings		42,000			76,374		(45.0	)%		43,109		(2.6	)%		58,073			39,586		46.7	%
Total interest-bearing liabilities	$	2,487,630		$	2,402,537		3.5	%	$	2,369,279		5.0	%	$	2,408,982		$	2,258,128		6.7	%
Total funding ⁽¹⁾	$	3,041,978		$	2,946,585		3.2	%	$	2,910,522		4.5	%	$	2,953,418		$	2,788,686		5.9	%
Annualized average yield/cost of
Loans		6.45	%		6.38	%				6.58	%				6.39	%		6.58	%
Investment securities		4.21	%		4.03	%				3.85	%				4.08	%		3.87	%
Other interest-earning assets		4.15	%		3.79	%				4.61	%				4.21	%		4.68	%
Total interest-earning assets		6.11	%		6.06	%				6.26	%				6.09	%		6.30	%
Interest-bearing deposits		3.77	%		3.76	%				4.09	%				3.78	%		4.16	%
Borrowings		3.98	%		3.94	%				4.58	%				3.95	%		4.58	%
Total interest-bearing liabilities		3.77	%		3.76	%				4.10	%				3.79	%		4.17	%
Net interest margin		3.35	%		3.33	%				3.28	%				3.35	%		3.29	%
Cost of total funding ⁽¹⁾		3.09	%		3.07	%				3.34	%				3.09	%		3.38	%
Supplementary information
Net accretion of discount on loans	$	759		$	584		30.0	%	$	563		34.8	%	$	1,860		$	2,045		(9.0	)%
Net amortization of deferred loan fees	$	579		$	357		62.2	%	$	433		33.7	%	$	1,289		$	1,113		15.8	%

(1)

Total funding is the sum of interest-bearing liabilities and noninterest-bearing deposits. The cost of total funding is calculated as annualized total interest expense divided by average total funding.

The increase in net interest margin for the current quarter compared with the previous quarter was primarily due to an increase in average yield on interest earning assets, partially offset by an increase in average cost of interest-bearing deposits. The increases for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to a decrease in average cost of interest-bearing deposits, partially offset by a decrease in average yield on interest earning assets.

Loans. The increase in average yield for the current quarter compared with the previous quarter was primarily due to increases in weighted-average interest rates on loans, net accretion of discount on loans and net amortization of deferred loan fees. The decrease for the current quarter compared with the year-ago quarter was primarily due to a decrease in weighted-average interest rates on loans, partially offset by increases in net accretion of discount on loans and net amortization of deferred loan fees. The decrease for the current year-to-date period compared with the previous year-to-date period was primarily due to decreases in weighted-average interest rates on loans and net accretion of discount on loans, partially offset by an increase in net amortization of deferred loan fees.

The following table presents a composition of total loans by interest rate type accompanied by the weighted-average contractual rates as of the dates indicated:

	9/30/2026				6/30/2026				12/31/2025				9/30/2025
	% to Total Loans		Weighted- Average Contractual Rate		% to Total Loans		Weighted- Average Contractual Rate		% to Total Loans		Weighted- Average Contractual Rate		% to Total Loans		Weighted- Average Contractual Rate
Fixed rate loans	18.9	%	5.82	%	18.0	%	5.76	%	17.5	%	5.60	%	18.2	%	5.60	%
Hybrid rate loans	39.3	%	5.84	%	39.9	%	5.67	%	39.7	%	5.57	%	39.5	%	5.51	%
Variable rate loans	41.8	%	7.00	%	42.1	%	6.82	%	42.8	%	6.93	%	42.3	%	7.38	%

Investment Securities. The increases in average yield for the current quarter and year-to-date period were primarily due to higher yields on newly purchased investment securities.

Other Interest-Earning Assets. The increase in average yield for the current quarter compared with the previous quarter was primarily due to a special dividend on Federal Home Loan Bank (“FHLB”) stock of $253 thousand. The decreases for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to a decrease in average interest rate on cash held at the Federal Reserve Bank, partially offset by an increase in dividends received on FHLB stock.

Interest-Bearing Deposits. The decreases in average cost for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to decreases in market rates.

Provision (reversal) for credit losses

The following table presents a composition of provision for credit losses for the periods indicated:

	Three Months Ended											Nine Months Ended
($ in thousands)	9/30/2026			6/30/2026		% Change	9/30/2025			% Change		9/30/2026			9/30/2025		% Change
Provision (reversal) for credit losses on loans	$	(651	)	$	798	NM	$	(428	)	52.1	%	$	765		$	2,884	(73.5	)%
Provision (reversal) for credit losses on off-balance sheet credit exposure		(54	)		128	NM		47		NM			(77	)		120	NM
Total provision (reversal) for credit losses	$	(705	)	$	926	NM	$	(381	)	85.0	%	$	688		$	3,004	(77.1	)%

The reversal for credit losses on loans for the current quarter was primarily due to a decrease in loans held-for-investment, partially offset by an increase in nonaccrual loans held-for-investment.

Noninterest Income

The following table presents the components of noninterest income for the periods indicated:

	Three Months Ended										Nine Months Ended
($ in thousands)	9/30/2026		6/30/2026		% Change		9/30/2025		% Change		9/30/2026		9/30/2025		% Change
Gain on sale of loans	$	1,626	$	1,182	37.6	%	$	1,617	0.6	%	$	4,217	$	3,969	6.2	%
Service charges and fees on deposits		457		450	1.6	%		377	21.2	%		1,337		1,124	19.0	%
Loan servicing income		650		802	(19.0	)%		719	(9.6	)%		2,253		2,204	2.2	%
Bank-owned life insurance (“BOLI”) income		287		281	2.1	%		259	10.8	%		842		759	10.9	%
Other income		553		488	13.3	%		442	25.1	%		1,501		1,235	21.5	%
Total noninterest income	$	3,573	$	3,203	11.6	%	$	3,414	4.7	%	$	10,150	$	9,291	9.2	%

Gain on Sale of Loans. The following table presents information on gain (loss) on sale of loans for the periods indicated:

	Three Months Ended													Nine Months Ended
($ in thousands)	9/30/2026			6/30/2026			% Change		9/30/2025			% Change		9/30/2026			9/30/2025			% Change
Gain on sale of SBA loans
Sold loan balance	$	23,044		$	17,095		34.8	%	$	29,017		(20.6	)%	$	61,969		$	72,569		(14.6	)%
Premium received		1,798			1,430		25.7	%		1,852		(2.9	)%		4,809			4,810		—	%
Gain recognized		1,626			1,219		33.4	%		1,617		0.6	%		4,254			3,969		7.2	%
Percentage to sold loan balance
Premium		7.8	%		8.4	%				6.4	%				7.8	%		6.6	%
Gain		7.1	%		7.1	%				5.6	%				6.9	%		5.5	%
Loss on sale of other loans
Sold loan balance	$	—		$	1,071		(100.0	)%	$	—		—	%	$	1,071		$	—		NA
Loss recognized		—			(37	)	(100.0	)%		—		—	%		(37	)		—		NA

The other loan sold during the previous quarter of $1.1 million was a commercial property loan, which was transferred to loans held-for-sale from loans held-for-investment during the first quarter of 2026.

Loan Servicing Income. The Company services SBA loans and certain residential property loans sold to the secondary market. The following table presents information on loan servicing income for the periods indicated:

	Three Months Ended													Nine Months Ended
($ in thousands)	9/30/2026			6/30/2026			% Change		9/30/2025			% Change		9/30/2026			9/30/2025			% Change
Loan servicing income
Servicing income received	$	1,215		$	1,243		(2.3	)%	$	1,247		(2.6	)%	$	3,676		$	3,771		(2.5	)%
Servicing assets amortization		(565	)		(441	)	28.1	%		(528	)	7.0	%		(1,423	)		(1,567	)	(9.2	)%
Loan servicing income	$	650		$	802		(19.0	)%	$	719		(9.6	)%	$	2,253		$	2,204		2.2	%
Underlying loans at end of period	$	497,197		$	503,429		(1.2	)%	$	518,309		(4.1	)%	$	497,197		$	518,309		(4.1	)%

Noninterest Expense

The following table presents the components of noninterest expense for the periods indicated:

	Three Months Ended										Nine Months Ended
($ in thousands)	9/30/2026		6/30/2026		% Change		9/30/2025		% Change		9/30/2026		9/30/2025		% Change
Salaries and employee benefits	$	10,026	$	9,551	5.0	%	$	9,293	7.9	%	$	29,297	$	27,212	7.7	%
Occupancy and equipment		2,283		2,369	(3.6	)%		2,372	(3.8	)%		6,929		7,040	(1.6	)%
Professional fees		834		645	29.3	%		541	54.2	%		2,013		1,974	2.0	%
Marketing and business promotion		636		446	42.6	%		669	(4.9	)%		1,538		1,509	1.9	%
Data processing		359		342	5.0	%		333	7.8	%		1,038		983	5.6	%
Director fees and expenses		224		223	0.4	%		223	0.4	%		670		674	(0.6	)%
Regulatory assessments		386		368	4.9	%		373	3.5	%		1,115		1,075	3.7	%
Other expense		1,304		1,169	11.5	%		1,065	22.4	%		3,379		3,705	(8.8	)%
Total noninterest expense	$	16,052	$	15,113	6.2	%	$	14,869	8.0	%	$	45,979	$	44,172	4.1	%

Salaries and Employee Benefits. The increase for the current quarter compared with the previous quarter was primarily due to increases in wages, incentives tied to sales of SBA loans, vacation accrual and group insurance. The increases for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to increases in wages, incentives tied to sales of SBA loans, vacation accrual and group insurance, partially offset by an increase in direct loan origination cost, which offsets and defers the recognition of salaries and benefits expense. The number of full-time equivalent employees was 276, 274 and 270 as of September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

Professional Fees. The increases for the current quarter compared with the previous and year-ago quarters were due to increases in legal fees and internal audit fees. The increase for the current year-to-date period compared with the previous year-to-date period was primarily due to the increases in legal fees and internal audit during the current year-to-date period, partially offset by additional professional fees incurred related to evaluating the accounting for a preferred stock purchase option during the previous year-to-date period.

Marketing and Business Promotion. The increase for the current quarter compared with the previous quarter was primarily due to an increase in advertising.

Other Expense. The increases for the current quarter compared with the previous and year-ago quarter were primarily due to an increase in legal settlements related expenses, partially offset by a decrease in office operating expense. The decrease for the current year-to-date period compared with the previous year-to-date period was primarily due to impairments on operating lease assets of $238 thousand for sublease contracts and a decrease in office operating expense, partially offset by an increase in legal settlement related expenses.

Balance Sheet (Unaudited)

Total assets were $3.54 billion at September 30, 2026, an increase of $67.5 million, or 1.9%, from $3.47 billion at June 30, 2026, an increase of $255.9 million, or 7.8%, from $3.28 billion at December 31, 2025, and an increase of $174.2 million, or 5.2%, from $3.36 billion at September 30, 2025. The increase for the current quarter was primarily due to an increase in total cash and cash equivalents, partially offset by a decrease in loans held-for-investment. The increase for the current year was primarily due to increases in total cash and cash equivalents, loans held-for-investment and other assets. During the current year, the Company invested $8.0 million in qualified affordable housing projects.

Loans

The following table presents a composition of total loans (includes both loans held-for-sale and loans held-for-investment) as of the dates indicated:

($ in thousands)	9/30/2026			6/30/2026			% Change		12/31/2025			% Change		9/30/2025			% Change
Commercial real estate:
Commercial property	$	1,100,476		$	1,120,171		(1.8	)%	$	1,071,396		2.7	%	$	1,039,965		5.8	%
Business property		650,596			697,627		(6.7	)%		638,063		2.0	%		639,596		1.7	%
Multifamily		213,592			208,797		2.3	%		175,579		21.7	%		172,098		24.1	%
Construction		11,142			11,121		0.2	%		18,561		(40.0	)%		25,911		(57.0	)%
Total commercial real estate		1,975,806			2,037,716		(3.0	)%		1,903,599		3.8	%		1,877,570		5.2	%
Commercial and industrial		449,325			494,944		(9.2	)%		508,662		(11.7	)%		465,424		(3.5	)%
Consumer:
Residential mortgage		414,487			393,414		5.4	%		401,337		3.3	%		401,653		3.2	%
Other consumer		5,238			5,945		(11.9	)%		6,802		(23.0	)%		7,867		(33.4	)%
Total consumer		419,725			399,359		5.1	%		408,139		2.8	%		409,520		2.5	%
Loans held-for-investment		2,844,856			2,932,019		(3.0	)%		2,820,400		0.9	%		2,752,514		3.4	%
Loans held-for-sale		2,318			2,937		(21.1	)%		12,077		(80.8	)%		9,634		(75.9	)%
Total loans	$	2,847,174		$	2,934,956		(3.0	)%	$	2,832,477		0.5	%	$	2,762,148		3.1	%

SBA loans included in:
Loans held-for-investment	$	148,641		$	145,457		2.2	%	$	146,549		1.4	%	$	151,766		(2.1	)%
Loans held-for-sale	$	2,318		$	2,937		(21.1	)%	$	12,077		(80.8	)%	$	9,634		(75.9	)%

ACL on loans	$	34,087		$	34,738		(1.9	)%	$	33,381		2.1	%	$	32,960		3.4	%
ACL on loans to loans held-for-investment		1.20	%		1.18	%				1.18	%				1.20	%

The decrease in loans held-for-investment for the current quarter was primarily due to pay-downs and pay-offs of term loans of $175.2 million, net decrease of lines of credit of $37.6 million, and charge-offs of $35 thousand, partially offset by new funding of term loans of $125.6 million. The increase for the current year-to-date period was primarily due to new funding of term loans of $416.5 million, partially offset by pay-downs and pay-offs of term loans of $329.6 million, net decrease of lines of credit of $61.2 million, a loan transferred to loans held-for-sale of $1.1 million, and charge-offs of $130 thousand.

The decrease in loans held-for-sale for the current quarter was primarily due to sales of $23.0 million and pay-downs of $52 thousand, partially offset by new funding of $22.5 million. The decrease for the current year-to-date period was primarily due to sales of $63.0 million and pay-downs of $310 thousand, partially offset by new funding of $52.5 million and a loan transferred from loans held-for-investment of $1.1 million.

The following table presents a composition of off-balance sheet credit exposure as of the dates indicated:

($ in thousands)	9/30/2026		6/30/2026		% Change		12/31/2025		% Change		9/30/2025		% Change
Commercial property	$	12,270	$	10,069	21.9	%	$	11,344	8.2	%	$	13,772	(10.9	)%
Business property		7,425		8,297	(10.5	)%		7,569	(1.9	)%		10,740	(30.9	)%
Construction		3,011		3,022	(0.4	)%		5,229	(42.4	)%		7,688	(60.8	)%
Commercial and industrial		374,639		335,523	11.7	%		342,593	9.4	%		373,560	0.3	%
Other consumer		1,535		1,536	(0.1	)%		1,347	14.0	%		1,357	13.1	%
Total commitments to extend credit		398,880		358,447	11.3	%		368,082	8.4	%		407,117	(2.0	)%
Letters of credit		15,733		7,984	97.1	%		7,330	114.6	%		7,074	122.4	%
Total off-balance sheet credit exposure	$	414,613	$	366,431	13.1	%	$	375,412	10.4	%	$	414,191	0.1	%

Credit Quality

The following table presents a summary of non-performing loans and assets, and classified assets as of the dates indicated:

($ in thousands)	9/30/2026			6/30/2026			% Change		12/31/2025			% Change		9/30/2025			% Change
Nonaccrual loans
Commercial real estate:
Commercial property	$	4,642		$	1,331		248.8	%	$	1,403		230.9	%	$	1,448		220.6	%
Business property		1,598			1,330		20.2	%		938		70.4	%		962		66.1	%
Total commercial real estate		6,240			2,661		134.5	%		2,341		166.6	%		2,410		158.9	%
Commercial and industrial		652			607		7.4	%		161		305.0	%		378		72.5	%
Consumer:
Residential mortgage		5,355			5,446		(1.7	)%		5,403		(0.9	)%		5,370		(0.3	)%
Other consumer		3			6		(50.0	)%		5		(40.0	)%		—		NM
Total consumer		5,358			5,452		(1.7	)%		5,408		(0.9	)%		5,370		(0.2	)%
Total nonaccrual loans held-for-investment		12,250			8,720		40.5	%		7,910		54.9	%		8,158		50.2	%
Loans past due 90 days or more and still accruing		—			—		—	%		—		—	%		—		—	%
Non-performing loans (“NPLs”)		12,250			8,720		40.5	%		7,910		54.9	%		8,158		50.2	%
NPLs held-for-sale		—			—		—	%		—		—	%		—		—	%
Total NPLs		12,250			8,720		40.5	%		7,910		54.9	%		8,158		50.2	%
Other real estate owned (“OREO”)		—			—		—	%		—		—	%		—		—	%
Non-performing assets (“NPAs”)	$	12,250		$	8,720		40.5	%	$	7,910		54.9	%	$	8,158		50.2	%
Loans past due and still accruing
Past due 30 to 59 days	$	604		$	339		78.2	%	$	943		(35.9	)%	$	1,548		(61.0	)%
Past due 60 to 89 days		48			55		(12.7	)%		12		300.0	%		—		NM
Past due 90 days or more		—			—		—	%		—		—	%		—		—	%
Total loans past due and still accruing	$	652		$	394		65.5	%		955		(31.7	)%	$	1,548		(57.9	)%
Special mention loans	$	6,368		$	6,412		(0.7	)%	$	6,435		(1.0	)%	$	6,477		(1.7	)%
Classified assets
Classified loans held-for-investment	$	13,633		$	10,525		29.5	%	$	9,159		48.8	%	$	10,172		34.0	%
Classified loans held-for-sale		—			—		—	%		—		—	%		—		—	%
OREO		—			—		—	%		—		—	%		—		—	%
Classified assets	$	13,633		$	10,525		29.5	%	$	9,159		48.8	%	$	10,172		34.0	%
NPLs to loans held-for-investment		0.43	%		0.30	%				0.28	%				0.30	%
NPAs to total assets		0.35	%		0.25	%				0.24	%				0.24	%
Classified assets to total assets		0.39	%		0.30	%				0.28	%				0.30	%

Contacts

Timothy Chang
Senior Executive Vice President & Chief Financial Officer
213-210-2000

Read full story here

Mentioned In This Article

PCB

PCB Bancorp

Latest News

Oct-29	PCB Bancorp: Q3 Earnings Snapshot PCB Associated Press
Oct-29	PCB Bancorp Declares Quarterly Cash Dividend of $0.22 Per Common Share PCB Business Wire
Oct-29	PCB Bancorp Reports Record Earnings for Q3 2026 PCB Business Wire
Sep-28	PCB Bancorp stock rises on share buyback program approval PCB Investing.com
Sep-28	PCB Bancorp Announces Stock Repurchase Program PCB Business Wire
Aug-17	PCB Bank Launches 2026 Brand Campaign, "To a World of Possibilities - That's PCBility" PCB PR Newswire
Jul-23	PCB Bancorp: Q2 Earnings Snapshot PCB Associated Press
Jul-23	PCB Bancorp Declares Quarterly Cash Dividend of $0.22 Per Common Share PCB Business Wire
Jul-23	PCB Bancorp Reports Earnings for Q2 2026 PCB Business Wire
Apr-23	PCB Bancorp: Q1 Earnings Snapshot PCB Associated Press
Apr-23	PCB Bancorp Declares Quarterly Cash Dividend of $0.22 Per Common Share PCB Business Wire
Apr-23	PCB Bancorp Reports Earnings for Q1 2026 PCB Business Wire
Mar-04	Are You Looking for a High-Growth Dividend Stock? PCB Zacks
Feb-25	4 Bargain Price-to-Sales Stocks That May Outperform the Market PCB Zacks
Feb-23	Best Income Stocks to Buy for February 23rd PCB Zacks

PCB Bancorp Reports Record Earnings for Q3 2026

Mentioned In This Article

Latest News

Upgrade your Finviz experience