PCB Bancorp filings document the bank holding company's financial results, shareholder returns, governance, and capital structure. Recent 8-K reports include results of operations, Regulation FD investor presentations, quarterly common-stock dividends, and stock repurchase program disclosures. Proxy materials cover board matters, executive compensation, equity awards, pay-versus-performance data, and shareholder voting items. The filings frame PCB Bank's earnings drivers through banking metrics such as net interest income, credit-loss provisions, allowance levels, deposits, loans, SBA loan sale activity, noninterest expense, and capital actions.
PCB Bancorp reported record third-quarter 2026 net income available to common shareholders of $12.1 million, or $0.85 per diluted share, up 7.0% and 9.0%, respectively, from a year earlier. Net interest income increased 6.8% to $28.8 million, and net interest margin was 3.35%, versus 3.28% a year earlier. Deposits reached $3.08 billion, up 5.6% year over year; loans held-for-investment were $2.84 billion, down 3.0% from June 30, 2026. Management said selective reductions in certain large commercial lending relationships contributed to the loan decline.
Nonperforming assets were $12.3 million, or 0.35% of total assets, up 50.2% year over year. The board declared a quarterly cash dividend of $0.22 per common share, payable on or about November 20, 2026, to shareholders of record November 13, 2026. A new repurchase program authorizes up to 700,000 common shares through September 22, 2027; 700,000 shares were authorized for purchase under the program as of September 30, 2026.
PCB Bancorp’s board approved a program authorizing the company to repurchase up to 700,000 shares of its common stock. The board approved it on September 23, 2026, and the authorization runs through September 22, 2027. PCB Bancorp may use open-market transactions, including block purchases, or privately negotiated transactions; timing, manner, price, and amount are at the company’s discretion.
The program does not require PCB Bancorp to repurchase a specific number of shares and may be modified, discontinued, or suspended without prior notice. The company intends to enter into a Rule 10b5-1 trading plan administered by an independent broker, subject to price, market-volume, and timing restrictions.
PCB Bancorp entered into an amended and restated employment agreement with Henry H. Kim, its and PCB Bank’s current Chief Executive Officer, effective January 1, 2027. Its terms supersede his current agreement in its entirety from that date, and the new term runs through December 31, 2031, unless terminated sooner or extended under the agreement.
Kim’s annual base salary is $550,000, subject to annual review, and he is eligible for an annual cash incentive bonus of zero to 100% of base salary, with objectives and the actual amount set at the discretion of the independent directors. Following the effective date, and subject to Compensation Committee approval and share availability under the applicable plan, PCB Bancorp will grant 25,000 restricted shares, vesting in five annual installments of 5,000 shares from 2027 through 2031, subject to continued employment through each vesting date. The agreement provides a lump-sum payment of 100% of then-current annual base salary for termination for Cause or resignation, or 150% for termination without Cause. A qualifying separation after a Change in Control instead provides 200% of then-current annual base salary and full accelerated vesting of the award; these benefits are subject to a general release.
PCB BANCORP (PCB) reported that President, CEO & Director Henry Kim exercised stock options for 1,000 shares of common stock on 2026-08-28 at an exercise price of $14.75 per share. The exercise reduced the option position tied to this grant to 43,000 options and increased his directly held common shares to 235,199. The options are from a 2018 grant that vests in four equal annual installments beginning one year after the 01/02/2018 grant date.
PCB BANCORP (PCB) reported that President and CEO Henry Kim exercised stock options for 3,000 shares of common stock at an exercise price of $14.75 per share on 2026-08-19. Following the transactions, he directly holds 234,199 shares of common stock and 44,000 stock options remain from this grant, which vests in four equal annual installments beginning one year after the 01/02/2018 grant date.
PCB BANCORP reporting person Henry Kim, President, CEO and Director, reported an option exercise. On 2026-08-17 he exercised 3,000 stock options at an exercise price of $14.75 per share, receiving 3,000 shares of Common Stock. Following the transactions, he directly holds 231,199 shares of Common Stock and 47,000 stock options. The exercised options were part of a grant that vests in four equal annual installments beginning one year after the 01/02/2018 grant date.
PCB Bancorp, a community-focused bank holding company, reported stronger earnings for the quarter ended June 30, 2026. Net income was $10,507 thousand, up from $9,071 thousand a year earlier, with basic earnings per share rising to $0.73 from $0.63. For the first six months of 2026, net income reached $21,160 thousand compared with $16,806 thousand in the prior-year period.
The balance sheet expanded, with total assets of $3,470,124 thousand, loans held-for-investment of $2,932,019 thousand, and deposits of $2,922,659 thousand at June 30, 2026. Asset quality metrics show total nonaccrual loans of $8,720 thousand and an allowance for credit losses on loans of $34,738 thousand, alongside modest year-to-date net charge-offs of $95 thousand.
Capital levels remained well above regulatory minimums, including a PCB Bancorp common tier 1 capital ratio of 11.41% and PCB Bank common tier 1 of 13.35%. The company continued returning capital to common shareholders, repurchasing 150,439 shares in the first half of 2026 at a weighted-average price of $25.23 and declaring common dividends totaling $0.44 per share over the six-month period, while maintaining $69,141 thousand of Series C ECIP preferred stock outstanding.
PCB Bancorp filed an amendment to a prior current report to correct inadvertent errors in the Time Deposit Maturity Table contained in an investor presentation; all other previously released second‑quarter 2026 information, including the earnings and dividend press releases, remains unchanged.
For 2Q26, net income available to common shareholders was $10.4 million, or $0.73 per diluted share, with ROAA of 1.24%, ROAE of 10.55% and a net interest margin of 3.33%. Loans held for investment totaled $2.93 billion and deposits $2.92 billion, producing a total loans‑to‑deposits ratio of 100.42%.
Asset quality metrics were strong, with an allowance for credit losses on loans of $34.7 million, or 1.18% of held‑for‑investment loans, and non‑performing assets of $8.7 million, or 0.30% of held‑for‑investment loans. Core deposits were $1.86 billion, or 63.5% of total deposits, and PCB Bancorp paid a quarterly cash dividend of $0.22 per share while repurchasing 141,434 shares at a weighted‑average price of $25.47.
PCB Bancorp reported solid Q2 2026 results, with net income available to common shareholders of $10.4 million, or $0.73 per diluted share, compared with $8.98 million, or $0.62, in the year-ago quarter. Net income was $10.51 million, and net interest income rose to $27.5 million.
Profitability metrics were strong: ROAA 1.24%, ROAE 10.55%, and ROATCE 12.65%, while net interest margin held at 3.33%. Total assets reached $3.47 billion, loans held-for-investment $2.93 billion, and deposits $2.92 billion. Credit quality remained conservative with NPAs of $8.7 million, 0.25% of total assets, and an ACL of 1.18% of loans. Capital was robust, including a Tier 1 leverage ratio of 11.89% and TCE to total assets of 9.55%.
The board declared a $0.22 quarterly cash dividend per common share, payable on or about August 14, 2026, to shareholders of record on August 7, 2026. PCB Bancorp also repurchased 141,434 shares in the quarter at a weighted-average price of $25.47 and had authorization to buy 69,087 additional shares through July 31, 2026.
PCB Bancorp reported the results of its annual shareholder meeting held on May 27, 2026. As of the March 31, 2026 record date, 14,231,423 common shares were outstanding, and 10,029,076 shares were represented, equal to 70.47% of shares entitled to vote.
Shareholders elected eight directors, with each nominee receiving more votes for than withheld and significant broker non-votes recorded on the director slate. An advisory vote on executive compensation passed, with 8,493,476 votes for versus 138,194 against and 10,060 abstentions.
Shareholders also ratified the appointment of Crowe LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 10,015,747 votes for, 12,926 against, and 403 abstentions, and no broker non-votes recorded on this item.