secwatch.observer — SEC 8-K summary
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Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001423869-24-000034
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 $6.3M ($0.43), up 34% QoQ; NIM expands to 3.16%
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- Net income $6.3M ($0.43 diluted EPS), up 34% QoQ vs $4.7M ($0.33); down 16% YoY.
- Net interest margin expanded to 3.16% from 3.10%; loans held-for-investment grew 2.1% to $2.45B.
- Nonperforming loans increased to $7.5M (0.31% of loans) from $4.94M; provision for credit losses $259K.
- Quarterly dividend $0.18/share declared; stock repurchase program extended through Aug 2025 with ~577,777 shares left.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386924000034/0001423869-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386924000034/pcb-20240724.htm
  HTML page:      https://secwatch.observer/filing/0001423869-24-000034

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