Slide 1: PCB Bancorp Earnings Results 3Q25
PCB BANCORP Earnings Results 3Q25 October 23, 2025
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 10/21/25 PCB Footprint Market Cap $293.0 million Stock Price Per Share $20.56 52-Week Range $16.00 - $22.45 Dividend Yield 3.89% Dividend Payout Ratio (4Q24 – 3Q25) 32.23% Outstanding Shares 14,252,480 Stock Information 3Q25 or 9/30/25 Diluted Earnings Per Share
Slide 4: Historical Performance
Historical Performance Cash Dividend/Diluted EPS & BV/TCE Per Share Net Income/PTPP Income ($mm) $26.93 $24.46 $25.30 60.000 $4.50 $22.94 $25.00 50.000 $4.00 $17.24 $3.50 $15.19 $20.00 40.000 $3.00 $22.09 $18.21 $19.62 $20.49 $15.00 $2.50 $1.94 30.000 $10.00 $52.4 $53.0 $43.1 $2.00 $40.1 $39.7 $42.4
Slide 5: 3Q25 Highlights
3Q25 Highlights • Net income available to common shareholders of $11.3 million, or $0.78 per diluted share • Reversal for credit losses of $381 thousand Operating Results • Return on Average Assets (“ROAA”) of 1.35%, Return on Average TCE (“ROATCE”)(1) of 14.46%, net interest margin of 3.28%, and ef
Slide 6: Selected Financial
Selected Financial As of or For the Three Months Ended Compared to 6/30/25 Compared to 9/30/24 ($ in Thousands, Except Per Share Data) 9/30/25 6/30/25 9/30/24 Amount Percentage Amount Percentage Income Statement Summary: Interest Income $ 51,471 $ 49,308 $ 45,998 $ 2,163 4.4% $ 5,473 11.9% Interest
Slide 7: Loan Overview
Loan Overview 3Q25 Highlights HFI Loan Trend ($mm) HFI Loan Composition September 30, 2025 Consumer • HFI loans decreased $42.8 million, 15% or 1.5%, to $2.75 billion in 3Q25 YoY +11.6% Commercial Property • CRE loans decreased $8.9 million $2,795 $2,753 $2,728 Commercial & 38% (0.5%), C&I loans dec
Slide 8: Loan Production & Rate/Yield Analysis
Loan Production & Rate/Yield Analysis New Production(1) by Rate Type ($mm) HFI Loans Interest Rate Mix HFI Loans Interest Rate Mix Trend September 30, 2025 8.78% 100% 8.40% Variable (WA Rate: 7.38%) 7.95% 7.90% 90% 400 7.56% 7.36% 42% 39% 40% 41% 42% 7.23% 44% 44% 45% 44% 44% 80% 7.04% 6.97% 8% 70%
Slide 9: Loan Concentration
Loan Concentration Commercial Real Estate Loans by Property Type (9/30/25) Commercial Real Estate Loans Carrying % to WA WA Maturing Geographic Concentration (9/30/25) ($ in thousands) Value Total Count LTV(1) Rate <= 1 Year 2-3 Years 3-5 Years > 5 Years Retail (More Than 50%) $ 402,902 21.5% 328 47
Slide 10: Loan Concentration
Loan Concentration Commercial & Industrial Loans by Industry Type (9/30/25) Commercial & Industrial Loans Carrying % to WA WA Month to ($ in thousands) Value Total Rate Maturity Geographic Concentration (9/30/25) Finance & Insurance $ 133,345 28.6% 6.82% 5 General Manufacturing & Wholesale Trade 105
Slide 11: Credit Quality & Peer Comparison
Credit Quality & Peer(1) Comparison Non-Performing Assets (“NPAs”) ($mm) NPAs to Total Assets NPAs / (Total Loans + OREO)(2) September 30, 2025 10 0% Peer Information: June 30, 2025 3% 9 1.94% 0% 8 2% 7 0% 6 1.27% 1.15% 2% 5 0% $8.9 0.26% 0.27% $8.2 0.23% 0.24% 0.24% 0.89% $7.5 4 $6.5 $7.1 0.20% 0.7
Slide 12: Deposits
Deposits Deposit Trend ($mm) Deposit Composition Core Deposits(1) ($mm) September 30, 2025 Retail Time Deposits 80% 43% 63% 62% 63% 62% 62% $1,900 58% 59% 60% 3,500 70% YoY +18.5% $1,700 60% $2,914 $1,500 50% $2,823 Wholesale $2.91B 3,000 $2,714 $1,300 40% $2,616 Deposits $1,801 $1,100 $1,610 $1,683
Slide 13: Profitability
Profitability 3Q25 Highlights Net Income & PTPP(1) Income ($mm) Diluted EPS & Adjusted Diluted EPS(1) 1.20 $1.07 • Net interest income increased $2.2 $1.00 million and noninterest income $15.5 $0.85 $14.5 $0.83 increased $117 thousand, but 1.00 16 $12.3 $12.4 0.80 $0.69 $0.72 noninterest expense inc
Slide 14: Noninterest Income & Expense
Noninterest Income & Expense Noninterest Income Trend ($mm) SBA 7(A) Loans ($mm) 8.2% 8.8% 7.8% 7.8% 7.3% 10% 47% 6.0% 6.5% 6.4% 44% 4 60% 60 8% 37% 38% 34% 50% 32% 31% 4 29% 6% 50 40% 5.3% 3 4% 30% 5.6% 5.6% 5.6% 4.7% 5.4% 5.6% $1.5 $1.8 40 $1.2 3.9% 2% $1.1 3 20% 2 $0.8 $0.8 $0.8 $0.9 10% 30 0% -2
Slide 15: Net Interest Margin
Net Interest Margin Yield & Cost(1) Quarter-over-Quarter Impact to Net Interest Margin(1) 3.60% 8% 6.82% 3.50% 6.77% +0.09% 6.58% 6.66% 6.63% 6.59% 6.58% +0.07% 6.56% 0.00% 3.40% -0.14% 7% 3.30% 5.33% 5.33% 5.33% 3.20% 6% 5.26% 3.10% 4.85% 4.86% 3.33% 4.65% 3.28% 4.52% 4.85% 4.33% 4.33% 3.00% 5% 4.2
Slide 16: Capital
Capital Regulatory Capital Ratios Book Value/TCE Per Share(1) September 30, 2025 $26.93 $25.78 $26.26 20% $28 $24.80 $25.39 $25.30 $26 $24.46 $24.54 $24 18% $22 $22.09 $20 15.24% $20.97 $21.44 14.85% 16% $18 $19.95 $20.55 $20.49 $19.62 $19.69 14.00% 13.61% 13.61% $16 14% $14 $12 11.57% 11.52% Dec-23
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement the financial information presented in accordance with GAAP, we use certain non-GAAP financial measures. Management believes the non-GAAP measures enhance investors’ understanding of the Company’s business and performance. These measures are also useful in u
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures The following table reconciles core deposits to its most comparable GAAP measure: ($ in thousands) Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Total Deposits (d) $ 2,351,612 $ 2,402,840 $ 2,406,254 $ 2,459,682 $ 2,615,791 $ 2,714,399 $ 2,822,915 $ 2,913,502 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) 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 Net Income (a) $ 5,908 $ 4,685 $ 6,281 $ 7,814 $ 7,030 $ 7,735 $ 9,071 $ 11,412 Ad