---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-029437"
form_type: "8-K"
ticker: "RBB"
cik: "0001499422"
company_name: "RBB Bancorp"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:34:27.609745+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Royal Business Bank enters FDIC/DFPI consent order for BSA/AML deficiencies

## Summary
- Consent order requires enhancements to AML/CFT program, staffing, internal controls, and SAR filing.
- Bank neither admitted nor denied charges; no civil money penalty or capital requirement imposed.
- Bank had already hired Deputy CRO/Senior BSA Officer and engaged consultants before order.
- Expenses for remediation not expected to have material impact on financial position or results.
- Order does not preclude future fines or restrictions; bank may incur additional compliance costs.

## SEC filing metadata
- accession: 0001437749-23-029437
- form_type: 8-K
- ticker: RBB
- cik: 0001499422
- company_name: RBB Bancorp
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499422/000143774923029437/0001437749-23-029437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499422/000143774923029437/rbb20231030_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-029437
- JSON: https://secwatch.observer/filing/0001437749-23-029437.json
- Plain text: https://secwatch.observer/filing/0001437749-23-029437.txt

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