secwatch.observer — SEC 8-K summary
======================================

Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001423869-22-000013
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 Q1 net income $10.2M ($0.67 EPS); declares $0.15 dividend
---------------------------------------------------------------------

- Net income $10.2M ($0.67 diluted EPS), down 4.1% QoQ from $10.7M but up 19.6% YoY from $8.6M.
- Net interest margin stable at 3.87%; net interest income $20.0M, up 12.2% YoY from $17.8M.
- Reversal for loan losses of $1.2M; NPLs only 0.08% of loans, credit quality remains strong.
- Total assets $2.20B (+2.3% QoQ); deposits $1.91B (+2.3% QoQ); book value $17.47/share (+12.5% YoY).
- Declared quarterly cash dividend of $0.15/share, payable May 20, 2022 to holders of record May 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386922000013/0001423869-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386922000013/pcb-20220428.htm
  HTML page:      https://secwatch.observer/filing/0001423869-22-000013

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