secwatch.observer — SEC 8-K summary
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Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001423869-21-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PCB Bancorp reports record Q2 net income of $9.8M, EPS $0.64, up 15% QoQ
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- Net income $9.8M ($0.64 diluted EPS) vs $8.6M ($0.55) in Q1 and $3.4M ($0.22) in Q2 2020.
- Net interest margin improved to 3.83% from 3.70% in Q1; net interest income $19.0M, up 6.6% QoQ.
- Provision reversal of $934K vs $1.1M reversal in Q1; allowance for loan losses at 1.45% of loans.
- Board declared quarterly cash dividend of $0.12 per share, payable Aug 13 to holders of record Aug 6.
- Share repurchases: 646,334 shares bought through June 30 under 5% program announced April 8.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386921000027/0001423869-21-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386921000027/pcb-20210722.htm
  HTML page:      https://secwatch.observer/filing/0001423869-21-000027

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