PCB BANCORP
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
View on SEC.govAbout this filing
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.
Jun 30, 2025 · Filed Aug 8, 2025
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2025-03-31; filed 2025-06-09.
0001423869-25-000031
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresCurrent report: 10-Q
Period ended 2025-06-30; filed 2025-08-08.
0001423869-25-000043
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 18 previous paragraphs and 18 current paragraphs.
16 unchanged; 2 reworded; 0 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Reworded paragraphs (2)
Previous wording
Changes in the fair value of the Company’s option to repurchase its Series C Preferred Stock may impact the Company’s operating results and financial condition. The Company carries the fair value of the Repurchase Option as an asset on its balance sheet. The Company’s valuation of the Repurchase Option may fluctuate, possibly significantly, depending on the likelihood that the Company will qualify to exercise the Repurchase Option and changes in the hypothetical repurchase price. Changes in the fair value are measured quarterly and will be recognized in earnings. Therefore, changes in the fair value of the Repurchase Option may affect the Company’s earning, potentially materially. For additional details, see Note 9 to the Company’s Consolidated Financial Statements included in this Quarterly Report on Form 10-Q.
Current wording
For additional information, see Note 9 to the Company’s Consolidated Financial Statements (Unaudited) included in this Quarterly Report on Form 10-Q.
Previous wording
During the three months ended March 31, 2025, the Company repurchased and retired 50,676 shares of common stock at a weighted-average price of $18.80 per share.
Current wording
During the six months ended June 30, 2025, the Company repurchased and retired 149,304 shares of common stock at a weighted-average price of $18.24 per share.