PCB BANCORP
For the period ended Sep 30, 2025. Filed Nov 7, 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.
Sep 30, 2025 · Filed Nov 7, 2025
PCB$30.04-0.4%Stored close · as of Nov 6, 2026
Contents
Consolidated Balance Sheets - September 30, 2025 (Unaudited) and December 31, 2024
Consolidated Balance Sheets
($ in thousands, except share data)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Cash and due from banks | $24,366 | $27,100 |
| Interest-bearing deposits in other financial institutions | 345,132 | 171,692 |
| Total cash and cash equivalents | 369,498 | 198,792 |
| Securities available-for-sale, at fair value (amortized cost of $158,083 and $159,742, respectively, and allowance for credit losses of $0 and $0, respectively, at September 30, 2025 and December 31, 2024) | 150,279 | 146,349 |
| Loans held-for-sale, at lower of cost or fair value | 9,634 | 6,292 |
| Loans held-for-investment, net of deferred fees and costs | 2,752,514 | 2,629,387 |
| Allowance for credit losses on loans | (32,960) | (30,628) |
| Net loans held-for-investment | 2,719,554 | 2,598,759 |
| Premises and equipment, net | 8,604 | 8,280 |
| Federal Home Loan Bank and other restricted stock, at cost | 14,978 | 14,042 |
| Bank-owned life insurance | 32,525 | 31,766 |
| Deferred tax assets, net | 7,164 | 7,249 |
| Servicing assets | 5,883 | 5,837 |
| Operating lease assets | 17,136 | 17,254 |
| Accrued interest receivable | 10,829 | 10,466 |
| Other assets | 17,422 | 18,885 |
| Total assets | $3,363,506 | $3,063,971 |
| Liabilities and Shareholders’ Equity | ||
| Deposits: | ||
| Noninterest-bearing demand | $551,312 | $547,853 |
| Savings, NOW and money market accounts | 669,374 | 466,887 |
| Time deposits of $250,000 or less | 961,299 | 935,927 |
| Time deposits of more than $250,000 | 731,517 | 665,124 |
| Total deposits | 2,913,502 | 2,615,791 |
| Other short-term borrowings | — | 15,000 |
| Operating lease liabilities | 18,961 | 18,671 |
| Accrued interest payable and other liabilities | 46,542 | 50,695 |
| Total liabilities | 2,979,005 | 2,700,157 |
| Commitments and contingencies | ||
| Preferred stock, 10,000,000 shares authorized, no par value: | ||
| Series C, senior non-cumulative perpetual, $1,000 per share liquidation preference, 69,141 and 69,141 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively | 69,141 | 69,141 |
| Common stock, 60,000,000 shares authorized, no par value; 14,277,164 and 14,380,651 shares issued and outstanding, respectively, and included 116,900 and 119,100 shares of unvested restricted stock, respectively, at September 30, 2025 and December 31, 2024 | 140,580 | 143,195 |
| Retained earnings | 180,189 | 160,797 |
| Accumulated other comprehensive loss, net | (5,409) | (9,319) |
| Total shareholders’ equity | 384,501 | 363,814 |
| Total liabilities and shareholders’ equity | $3,363,506 | $3,063,971 |
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