secwatch.observer — SEC 8-K summary
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Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2021-12-16T23:59:59+00:00
Accession:  0001423869-21-000048
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PCB Bancorp eligible for up to $69.1M ECIP capital from Treasury; decision pending
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- U.S. Treasury informed PCB Bancorp on Dec 14, 2021 of eligibility for up to $69,141,000 in non-dilutive Tier 1 senior perpetual preferred capital under ECIP.
- Company has not yet decided whether to accept the offer; acceptance would require meeting conditions and restrictions.
- ECIP is designed to support low- and moderate-income community financial institutions and minority depository institutions like Pacific City Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386921000048/0001423869-21-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386921000048/pcb-20211214.htm
  HTML page:      https://secwatch.observer/filing/0001423869-21-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer