Private Bancorp of America (PBAM) investor relations material

Executive summary

• Achieved $12.0 million net income and $2.07 EPS in Q1 2026, with assets at $2.69 billion and deposits at $2.37 billion.

• Net income increased from $10.0 million in Q4 2025 and $10.6 million in Q1 2025; EPS up from $1.71 and $1.80, respectively.

• Recognized as a top community bank nationally and in California for ROA and ROE.

• Continued strong asset quality, with criticized and non-performing assets both declining quarter-over-quarter.

• Efficiency ratio improved to 45.39%, and net interest margin rose to 5.21%.

Financial highlights

• Net interest income for Q1 2026 was $32.6 million, up 5.0% from Q4 2025 and 17.6% year-over-year.

• Loans HFI increased $14.8 million (0.7%) from Q4 2025; average loan yields rose to 7.24%.

• Core deposits grew $166.3 million (7.7%) from Q4 2025 and $276.0 million (13.5%) year-over-year.

• Noninterest income rose to $1.9 million, with SBA loan sales contributing $0.9 million in gains.

• Total assets reached $2.69 billion, up $158.9 million from Q4 2025.

Outlook and guidance

• Strategic focus on credit quality, portfolio management, and organic growth in existing markets.

• Continued emphasis on shareholder value through disciplined capital deployment and readiness for uplisting, IPO, or M&A opportunities.

• Ongoing investment in technology and process improvements to drive scalability and efficiency.

• Growth trajectory expected to continue, supported by strong client relationships and referral business.