PCB Bancorp (PCB) investor relations material

Executive summary

• Net income available to common shareholders for Q2 2026 was $10.4 million ($0.73 per diluted share), up 16.0% year-over-year but down 1.4% sequentially, with ROAA of 1.24% and ROAE of 10.55%.

• Loans held-for-investment reached $2.93 billion, up 2.0% sequentially and 4.9% year-over-year; total deposits were $2.92 billion, up 1.2% sequentially and 3.5% year-over-year, resulting in a loans-to-deposits ratio of 100.42%.

• Total assets reached $3.47 billion, up 2.2% from Q1 2026 and 5.0% from Q2 2025.

• Asset quality remained strong, with non-performing assets at $8.7 million (0.30% of HFI loans), nonperforming assets at 0.25% of total assets, and an allowance for credit losses (ACL) on loans at 1.18%.

• Quarterly cash dividend was $0.22 per share, and 141,434 shares were repurchased at an average price of $25.47.

Financial highlights

• Net interest income for Q2 2026 was $27.5 million, up 2.6% year-over-year and sequentially, and up 5.8% year-over-year.

• Net income available to common shareholders increased 16.0% year-over-year but declined 1.4% sequentially.

• Diluted EPS was $0.73, up 17.7% year-over-year.

• Net interest margin was 3.33%, flat year-over-year and down 0.03% sequentially.

• Efficiency ratio improved to 49.2%.

Outlook and guidance

• Management remains focused on measured, relationship-based growth, maintaining strong asset quality and capital levels amid economic uncertainties, and prudent expense management.

• Continued emphasis on core deposit growth and prudent loan production is expected.