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0.0199805068226121 0.0199805068226121 0.00877192982456139 0.0112085769980507 0.0112085769980507 0.0112085769980507 0.0116959064327486 0.0160818713450293
Stock impact report

PCB Bancorp Reports Record Earnings of $11.0 Million for Q3 2021

PCB Bancorp (PCB) 
Last pcb bancorp earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of Pacific City Bank (the “Bank”), today reported net income of $11.0 million, or $0.73 per diluted common share for the third quarter of 2021, compared with $9.8 million, or $0.64 per diluted common share, for the previous quarter and $3.4 million, or $0.22 per diluted common share, for the year-ago quarter.Q3 2021 HighlightsNet income totaled $11.0 million or $0.73 per diluted common share;The Company recorded a provision (reversal) for loan losses of $(1.1) million for the current quarter compared with $(934) thousand for the previous quarter and $4.3 million for the year-ago quarter.Allowance for loan losses to loans held-for-investment (1) ratio was 1.39% at September 30, 2021 compared with 1.45% at June 30, 2021 and 1.55% at September 30, 2020. Adjusted allowance for loan losses to loans held-for-investment ratio (2) was 1.48% at September 30, 2021 compared with 1.62% at June 30, 202 Show less Read more
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