---
schema_version: "secwatch.filing_event.v1"
accession: "0001423869-23-000040"
form_type: "8-K"
ticker: "PCB"
cik: "0001423869"
company_name: "PCB BANCORP"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:15:38.761525+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PCB Bancorp Q2 net income $7.5M ($0.52/sh) down 27% QoQ; net interest margin compresses to 3.55%

## Summary
- Net income $7.5M ($0.52 diluted EPS) vs $10.3M ($0.70) prior Q and $9.1M ($0.60) year ago.
- Net interest margin 3.55% down from 3.79% prior Q and 4.01% year ago; net interest income $21.7M.
- Provision for credit losses $197K vs reversal of $2.8M prior Q; ACL on loans ratio 1.17%.
- Quarterly cash dividend of $0.18 per share declared, payable Aug 18 to record Aug 11.
- Total assets $2.56B; deposits $2.19B; established $268.9M additional borrowing capacity via Fed program.

## SEC filing metadata
- accession: 0001423869-23-000040
- form_type: 8-K
- ticker: PCB
- cik: 0001423869
- company_name: PCB BANCORP
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000040/0001423869-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000040/pcb-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423869-23-000040
- JSON: https://secwatch.observer/filing/0001423869-23-000040.json
- Plain text: https://secwatch.observer/filing/0001423869-23-000040.txt

## Key facts
- Earnings Releases
  PCB BANCORP reported the second quarter of 2023 results: net income $7.5 million, EPS $0.52 per diluted common share.
  - Period: the second quarter of 2023
  - Net income: $7.5 million
  - EPS: $0.52 per diluted common share
  - Result: reported results
  source text: PCB Bancorp Reports Earnings of $7.5 million for Q2 2023 Los Angeles, California - July 27, 2023 - PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank (the “Bank”), today reported net income of $7.5 million, or $0.52 per diluted common share, for the second quarter of 2023,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000040/0001423869-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.