PCB Bancorp Reports Strong Second Quarter Results

Strategic Insights -

PCB Bancorp, the holding company of PCB Bank, has released its second quarter financial results for 2025, demonstrating significant growth in key areas. The company reported a net income available to common shareholders of $9.0 million, marking a substantial increase from the previous quarter and year-ago quarter. Notable highlights include a 3.8% increase in total assets, a 14.1% growth in loans held-for-investment, and a 17.3% surge in total deposits.

Key Takeaways:

  • Net income available to common shareholders totaled $9.0 million, or $0.62 per diluted common share, for the second quarter of 2025.
  • Provision for credit losses was $1.8 million for the current quarter, a $0.2 million increase from the previous quarter.
  • Allowance for Credit Losses (ACL) on loans to loans held-for-investment ratio was 1.20% at June 30, 2025, a 0.03% increase from the previous quarter.
  • Net interest income was $26.0 million for the current quarter, a $1.7 million increase from the previous quarter.
  • Gain on sale of loans was $1.5 million for the current quarter, a $613 thousand increase from the previous quarter.
  • Total assets were $3.31 billion at June 30, 2025, an increase of $121.8 million, or 3.8%, from the previous quarter.
  • Loans held-for-investment were $2.80 billion at June 30, 2025, an increase of $67.7 million, or 2.5%, from the previous quarter.
  • Total deposits were $2.82 billion at June 30, 2025, an increase of $108.5 million, or 4.0%, from the previous quarter.
  • Opened a full-service branch in Suwanee, Georgia.

Statistics:

  • Net income available to common shareholders: $9.0 million
  • Provision for credit losses: $1.8 million
  • Allowance for Credit Losses (ACL) on loans to loans held-for-investment ratio: 1.20%
  • Net interest income: $26.0 million
  • Gain on sale of loans: $1.5 million
  • Total assets: $3.31 billion
  • Loans held-for-investment: $2.80 billion
  • Total deposits: $2.82 billion
  • Increase in total assets: 3.8%
  • Increase in loans held-for-investment: 2.5%
  • Increase in total deposits: 4.0%

Sources:

  • PCB Bancorp news release, dated June 30, 2025.