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PCB News
PCB Events
Net Interest Income Reaches $27.5 Million, Up 2.6%
Net interest income was $27.5 million for the current quarter compared with $26.8 million for the previous quarter and $26.0 million for the year-ago quarter. Net interest margin was 3.33% for the current quarter compared with 3.36% for the previous quarter and 3.33% for the year-ago quarter. Henry Kim, President and CEO, commented, "We are pleased to report another solid quarter, driven by consistent loan and deposit growth, strong asset quality, disciplined expense management, and continued growth in net interest income. Retail deposit balances increased $45 million, or 7.2% annualized, while wholesale deposits decreased $11 million. Loan balances increased $58 million, or 8.0% annualized. Our ratio of nonperforming assets to total assets remained low at 0.25%, and our efficiency ratio was 49.2%."
Henry Kim: Strong Loan and Deposit Growth in Q1
Henry Kim, President and CEO, commented, "We delivered another solid results for the first quarter driven by strong loan and deposit growth, expanding net interest margin, solid credit quality, successful expense management, and continued quality earnings growth. Our deposit balance increased $93 million for the quarter, or 13.2% annualized, loan balance increased $45 million, or 6.3% annualized, net interest margin increased eight basis to 3.36% compared with link quarter, nonperforming assets to total assets ratio remained solid at 0.27%, posted an efficiency ratio of 49.1%, and our diluted earnings per share increased 16% to $0.74 compared with $0.64 in the fourth quarter of 2025." Mr. Kim further stated,
PCB Bancorp Declares Quarterly Cash Dividend of $0.22 per Share
PCB Bancorp announced that on January 28, 2026, its Board of Directors declared a quarterly cash dividend of 22c per common share. The dividend will be paid on or about February 20, 2026, to shareholders of record as of the close of business on February 13, 2026. "I am pleased to announce another increase in our quarterly cash dividend to $0.22 per common share from $0.20 per common share for the first quarter of 2026," said Henry Kim, President and Chief Executive Officer. "We are committed to making corporate decisions that directly benefit our shareholders."
Henry Kim: Q4 2025 Net Income of $9.1 Million
Henry Kim, President and CEO, commented, "We are pleased to report fourth quarter net income of $9.1 million or $0.64 per diluted share and for the full year 2025, net income of $37.2 million or $2.58 per diluted share. Our total loan growth for the quarter was $70 million or 10% on an annualized basis as we continue to experience strong loan demand. Deposit decreased $118 million for the quarter due to a reduction of $100 million in brokered deposits and $18 million in retail deposits. Retail deposit balance decreased primarily because we intentionally did not compete with marketplace deposit rates that remain elevated despite recent FOMC rate cuts. However, despite the elevated deposit rates in our marketplace and recent interest rate cuts that decreased the yield on our variable loan portfolio, we effectively maintained our net interest margin at 3.28% during the fourth quarter. Additionally, expenses were well-controlled, and the credit quality remained solid."
PCB Bancorp Announces Q3 Earnings Per Share of 78 Cents, Exceeding Consensus Estimate of 60 Cents
Reports Q3 net interest income $26.978M vs $22.7M last year. "We are pleased to report another great quarter with record earnings that is highlighted by solid credit quality and strong deposit growth. Our record earnings for the quarter is primarily from increases in our net interest income and gain on sale of SBA loans combined with well-controlled noninterest expenses and a reversal for credit losses," said Henry Kim, President and CEO. "Our loan pipeline remains stable, and we continue to build on our strong capital levels."
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