secwatch.observer — SEC 8-K summary
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Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001423869-23-000050
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PCB Bancorp Q3 net income $7.0M ($0.49/diluted); net interest margin improves to 3.57%
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- Net income of $7.0M, down 6.1% from $7.5M in Q2 2023; EPS $0.49 vs $0.52 prior quarter.
- Net interest income $22.4M, up 3.4% QoQ; net interest margin 3.57% vs 3.55%.
- Loans held-for-investment grew 2.1% to $2.17B; deposits flat at $2.19B.
- Provision for credit losses increased to $751k from $197k in Q2 2023.
- Declared $0.18/common share quarterly dividend, payable Nov 17, 2023 to holders of record Nov 9, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386923000050/0001423869-23-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386923000050/pcb-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001423869-23-000050

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