secwatch.observer — SEC 8-K summary
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Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001423869-22-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PCB Bancorp Q2 net income $9.1M ($0.60 EPS), declares $0.15 dividend, authorizes stock buyback
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- Q2 net income $9.1M vs $10.2M prior quarter and $9.8M year ago; diluted EPS $0.60.
- Net interest income $21.4M (NIM 4.01%) from $20.0M; loan loss reversal $109K.
- Quarterly cash dividend of $0.15/share declared; payable Aug 19 to record Aug 12.
- Board authorized repurchase of up to 5% of outstanding common stock through Feb 1, 2023.
- Subsidiary Pacific City Bank to change name to PCB Bank effective Aug 25, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386922000024/0001423869-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386922000024/pcb-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001423869-22-000024

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