PCB Bancorp Q3 net income rises
PCB•PCB Bancorp reported higher third-quarter net income and EPS of $0.85, with net interest income of $28.8 million and a $705,000 reversal in its loan loss provision. Loan balances declined as the bank reduced large commercial lending relationships; it expects to pursue growth opportunities in late 2026 and 2027.
1. Quarterly results
PCB Bancorp reported higher third-quarter net income and EPS of $0.85. Net interest income was $28.8 million, and the company recorded a $705,000 reversal in its provision for credit losses. It said strong growth in core retail deposits and higher yields on interest-earning assets contributed to results.
2. Loans and outlook
Loan balances declined as PCB Bancorp reduced large commercial lending relationships. The company expects to deploy excess liquidity and pursue growth opportunities in late 2026 and 2027, supported by deposit growth and its capital position.
