PCB BANCORP
For the period ended Mar 31, 2025. Filed Jun 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Jun 9, 2025
PCB$30.39+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income (Unaudited) - Three Months Ended
Consolidated Statements of Income (Unaudited)
($ in thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Interest and dividend income: | ||
| Loans, including fees | $43,026 | $39,251 |
| Tax-exempt investment securities | 22 | 28 |
| Taxable investment securities | 1,386 | 1,218 |
| Other interest-earning assets | 2,458 | 3,058 |
| Total interest income | 46,892 | 43,555 |
| Interest expense: | ||
| Deposits | 22,564 | 21,967 |
| Borrowings | 45 | 589 |
| Total interest expense | 22,609 | 22,556 |
| Net interest income | 24,283 | 20,999 |
| Provision for credit losses | 1,598 | 1,090 |
| Net interest income after provision for credit losses | 22,685 | 19,909 |
| Noninterest income: | ||
| Service charges and fees on deposits | 372 | 378 |
| Loan servicing income | 725 | 919 |
| Bank-owned life insurance income | 247 | 228 |
| Gain on sale of loans | 887 | 1,078 |
| Other income | 349 | 342 |
| Total noninterest income | 2,580 | 2,945 |
| Noninterest expense: | ||
| Salaries and employee benefits | 9,075 | 9,218 |
| Occupancy and equipment | 2,289 | 2,358 |
| Professional fees | 628 | 1,084 |
| Marketing and business promotion | 243 | 319 |
| Data processing | 333 | 402 |
| Director fees and expenses | 226 | 232 |
| Regulatory assessments | 344 | 298 |
| Other expense | 1,336 | 2,441 |
| Total noninterest expense | 14,474 | 16,352 |
| Income before income taxes | 10,791 | 6,502 |
| Income tax expense | 3,056 | 1,817 |
| Net income | 7,735 | 4,685 |
| Preferred stock dividends | 40 | — |
| Net income available to common shareholders | $7,695 | $4,685 |
| Earnings per common share, basic | $0.53 | $0.33 |
| Earnings per common share, diluted | $0.53 | $0.33 |
| Weighted-average common shares outstanding, basic | 14,272,267 | 14,235,419 |
| Weighted-average common shares outstanding, diluted | 14,403,769 | 14,330,204 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.