PCB Bancorp Files 8-K on Financials and Operations

Ticker: PCB · Form: 8-K · Filed: Apr 25, 2024 · CIK: 1423869

Pcb Bancorp 8-K Filing Summary
FieldDetail
CompanyPcb Bancorp (PCB)
Form Type8-K
Filed DateApr 25, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.18
Sentimentneutral

Sentiment: neutral

Topics: financial-results, operations, regulation-fd

TL;DR

PCB BANCORP dropped an 8-K on April 25th covering financials and other key events.

AI Summary

On April 25, 2024, PCB Bancorp filed an 8-K report detailing its financial results and other events. The filing includes information on its operations and financial condition, as well as disclosures related to Regulation FD and other significant events. The report also contains financial statements and exhibits.

Why It Matters

This filing provides investors with crucial updates on PCB Bancorp's financial performance and operational status, enabling informed investment decisions.

Risk Assessment

Risk Level: low — This is a routine 8-K filing providing financial and operational updates, not indicating any immediate or significant new risks.

Key Players & Entities

  • PCB BANCORP (company) — Registrant
  • April 25, 2024 (date) — Date of earliest event reported
  • 3701 Wilshire Boulevard, Suite 900, Los Angeles, California 90010 (address) — Principal executive offices
  • 213-210-2000 (phone_number) — Registrant's telephone number
  • PACIFIC CITY FINANCIAL CORP (company) — Former company name

FAQ

What is the primary purpose of this 8-K filing by PCB Bancorp?

The primary purpose is to report on the results of operations and financial condition, Regulation FD disclosures, other events, and to provide financial statements and exhibits.

When was the earliest event reported in this filing?

The earliest event reported was on April 25, 2024.

What is PCB Bancorp's principal business address?

PCB Bancorp's principal office is located at 3701 Wilshire Boulevard, Suite 900, Los Angeles, California 90010.

Has PCB Bancorp changed its name recently?

The filing indicates that the former company name was PACIFIC CITY FINANCIAL CORP, with a date of name change on January 14, 2008.

What is the SIC code for PCB Bancorp?

The Standard Industrial Classification (SIC) code for PCB Bancorp is 6022, which corresponds to State Commercial Banks.

Filing Stats: 755 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-04-25 16:15:19

Key Financial Figures

  • $0.18 — s declared a quarterly cash dividend of $0.18 per common share. The dividend will be

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On April 25, 2024, PCB Bancorp, a California corporation (the "Company"), issued a press release concerning its unaudited results for the first quarter of 2024. A copy of the press release is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference. The information in this report set forth under this Item 2.02 and in Exhibit 99.1 shall not be treated as "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly stated by specific reference in such filing.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Attached as Exhibit 99.2, and incorporated herein by reference, is a copy of an investor presentation that may be utilized by management at future discussions with investors. The information in this report set forth under this Item 7.01 and in Exhibit 99.2 shall not be treated as "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except expressly stated by specific reference in such filing.

01 Other Events

Item 8.01 Other Events. On April 25, 2024, the Company issued a press release announcing that on April 25, 2024, its Board of Directors declared a quarterly cash dividend of $0.18 per common share. The dividend will be paid on or about May 17, 2024, to shareholders of record as of the close of business on May 10, 2024. A copy of the press release is attached as Exhibit 99.3 to this Current Report and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release of PCB Bancorp, issued April 25, 2024, concerning the results of operations and financial condition for the f irst quarter of 202 4 99.2 Investor presentation of PCB Bancorp concerning the unaudited results for the f irst quarter of 202 4 99.3 Press release of PCB Bancorp, issued April 25, 2024, announcing the declaration of a quarterly cash dividend 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PCB Bancorp Date: April 25, 2024 /s/ Timothy Chang Timothy Chang Executive Vice President and Chief Financial Officer 3

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