Slide 1: PCB Bancorp Earnings Results 1Q26
PCB BANCORP Earnings Results 1Q26 April 23, 2026
Slide 2: Forward-Looking Statements & Non-GAAP
Forward-Looking Statements & Non-GAAP Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections and statements of our be
Slide 3: Corporate Profile
Corporate Profile Market Information 04/21/26 PCB Footprint Market Cap $338.3 million Stock Price Per Share $23.77 52-Week Range $18.54 - $24.99 Dividend Yield 3.70% Dividend Payout Ratio (2Q25 – 1Q26) 29.29% Outstanding Shares 14,233,723 Stock Information 1Q26 or 03/31/26 Diluted Earnings Per Share
Slide 4: Historical Performance
Historical Performance Cash Dividend/Diluted EPS & BV/TCE Per Share Net Income/PTPP Income ($mm) $27.41 $27.88 $24.46 $25.30 60.000 $4.50 $22.94 $25.00 50.000 $4.00 $3.50 $17.24 $20.00 $23.02 40.000 $3.00 $22.55 $18.21 $19.62 $20.49 $15.00 $56.5 $2.50 30.000 $52.4 $53.0 $37.5 $10.00 $43.1 $2.00 $40.
Slide 5: 1Q26 Highlights
1Q26 Highlights • Net income available to common shareholders of $10.6 million, or $0.74 per diluted share • Provision for credit losses of $467 thousand Operating Results • Return on Average Assets (“ROAA”) of 1.30%, Return on Average Equity (“ROAE”) of 10.95%, Return on Average TCE (“ROATCE”)(2) o
Slide 6: Selected Financials
Selected Financials As of or For the Three Months Ended Compared to 12/31/25 Compared to 3/31/25 ($ in Thousands, Except Per Share Data) 3/31/26 12/31/25 3/31/25 Amount Percentage Amount Percentage Income Statement Summary: Interest Income $ 48,831 $ 49,865 $ 46,892 $ (1,034) -2.1% $ 1,939 4.1% Inte
Slide 7: Loan Overview
Loan Overview 1Q26 Highlights HFI Loan Trend ($mm) HFI Loan Composition March 31, 2026 Consumer • HFI loans increased $53.2 million, or YoY +5.4% 14% 1.9%, to $2.87 billion in 1Q26 $2,820 $2,874 Commercial Property • CRE loans increased $49.8 million $2,795 $2,753 $2,728 Commercial & 38% (2.6%), C&I
Slide 8: Loan Production & Rate/Yield Analysis
Loan Production & Rate/Yield Analysis New Production(1) by Rate Type ($mm) HFI Loans Interest Rate Mix HFI Loans Interest Rate Mix Trend March 31, 2026 8.78% 100% Variable (WA Rate: 6.80%) 90% 400 7.56% 7.36% 7.23% 7.04% 6.97% 44% 44% 45% 44% 44% 42% 43% 43% 80% 8% 43% 6.50% 6.35% 70% HFI Loans 350
Slide 9: Loan Concentration
Loan Concentration Commercial Real Estate Loans by Property Type (3/31/26) Commercial Real Estate Loans Maturing Geographic Concentration (3/31/26) Carrying % to WA WA 1 Year or 1 to 3 3 to 5 Over ($ in thousands) Value Total Count LTV(1) Rate Less Years Years 5 Years Retail (More Than 50%) $ 416,64
Slide 10: Loan Concentration
Loan Concentration Commercial & Industrial Loans by Industry Type (3/31/26) Commercial & Industrial Loans Carrying % to WA WA Month to ($ in thousands) Value Total Rate Maturity Geographic Concentration (3/31/26) Finance & Insurance $ 178,506 34.3% 6.13% 7 General Manufacturing & Wholesale Trade 116
Slide 11: Credit Quality & Peer Comparison
Credit Quality & Peer(1) Comparison NPAs ($mm) NPAs to Total Assets NPAs / (Total Loans + OREO)(2) March 31, 2026 Peer Information: December 31, 2025 10 0% 3% 9 0% 1.91% 1.83% 8 2% 1.59% 7 0% 6 2% $9.3 1.03% 5 0% $8.9 0.26% 0.27% 0.27% 4 $7.5 $8.2 $7.9 0.24% 0.24% 0.24% $7.1 0.20% 0.73% $6.2 1% 0% 3
Slide 12: Deposits
Deposits Deposit Trend ($mm) Deposit Composition Core Deposits(1) ($mm) March 31, 2026 Retail Time Deposits 80% 63% 62% 62% 65% 63% YoY +6.4% 44% $1,900 58% 59% 60% 3,500 70% $1,700 60% $2,914 $1,500 $2,888 50% $2,823 $2,795 Wholesale $2.89B 3,000 $2,714 $1,300 40% $2,616 Deposits $1,801 $1,806 $1,8
Slide 13: Profitability
Profitability 1Q26 Highlights Net Income & PTPP(1) Income ($mm) Diluted EPS & Adjusted Diluted EPS(1) 1.20 $1.07 $1.07 • Net interest income increased $183 $1.00 $0.98 thousand, noninterest income $15.5 $15.4 $0.85 $14.5 $0.83 increased $829 thousand, and 1.00 16 $14.1 $12.3 $12.4 0.80 $0.72 noninte
Slide 14: Noninterest Income & Expense
Noninterest Income & Expense Noninterest Income Trend ($mm) SBA 7(A) Loans ($mm) 8.8% 7.8% 7.8% 7.3% 7.2% 10% 47% 6.5% 6.4% 5.8% 44% 4 60% 42% 60 8% 38% 34% 50% 31% 4 29% 6% 25% 50 40% 5.3% 6.5% 3 4% 30% 5.6% 5.6% 4.7% 5.4% 5.6% $1.5 $1.8 40 4.9% $1.2 $2.0 2% 3 20% 2 $0.8 $0.8 $0.9 $0.6 10% 30 0% -2
Slide 15: Net Interest Margin
Net Interest Margin Yield & Cost(1) Quarter-over-Quarter Impact to Net Interest Margin(1) 3.40% +0.03% 8% 6.77% 6.82% 6.63% 3.30% 6.59% 6.56% 6.58% 6.44% 6.35% +0.17% -0.15% 7% 3.20% +0.03% 5.33% 3.10% 6% 5.26% 3.36% 3.28% 4.86% 4.65% 3.00% 5% 4.85% 4.33% 4.33% 4.29% 4.59% 2.90% 3.98% 3.82% 3.81% 3.
Slide 16: Capital
Capital Regulatory Capital Ratios Book Value/TCE Per Share(1) March 31, 2026 27.88 20% $30 $26.93 27.41 $25.78 $26.26 $28 $24.80 $25.39 $25.30 $26 18% $24 $22 15.09% 22.55 23.02 $22.09 $20 16% 14.68% $20.97 $21.44 $19.95 $20.55 $20.49 $18 13.87% 13.46% 13.46% $16 14% $14 12.05% $12 11.70% 11.48% 12%
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement the financial information presented in accordance with GAAP, we use certain non-GAAP financial measures. Management believes the non-GAAP measures enhance investors’ understanding of the Company’s business and performance. These measures are also useful in u
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures The following table reconciles core deposits to its most comparable GAAP measure: ($ in thousands) Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Total Deposits (d) $ 2,406,254 $ 2,459,682 $ 2,615,791 $ 2,714,399 $ 2,822,915 $ 2,913,502 $ 2,795,412 $ 2,887,980 Le
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures The following table reconciles PTPP income, and adjusted ROAA, ROAE and diluted EPS for PTPP to their most comparable GAAP measures: ($ in thousands) 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Net Income (a) $ 6,281 $ 7,814 $ 7,030 $ 7,735 $ 9,071 $ 11,412 $ 9,235 $ 10,653 A