Slide 1: PCB Bancorp Earnings Results 4Q25
PCB BANCORP Earnings Results 4Q25 January 29, 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 01/27/26 PCB Footprint Market Cap $313.8 million Stock Price Per Share $22.06 52-Week Range $16.00 - $24.04 Dividend Yield 3.99% Dividend Payout Ratio (1Q25 – 4Q25) 32.10% Outstanding Shares 14,225,707 Stock Information 4Q25 or 12/31/25 Diluted Earnings Per Share
Slide 4: Historical Performance
Historical Performance Cash Dividend/Diluted EPS & BV/TCE Per Share Net Income/PTPP Income ($mm) $27.41 $24.46 $25.30 60.000 $4.50 $22.94 $25.00 50.000 $4.00 $3.50 $17.24 $20.00 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 $40.1 $39.7 $35.0
Slide 5: 4Q25 Highlights
4Q25 Highlights • Net income available to common shareholders of $9.1 million, or $0.64 per diluted share • Provision for credit losses of $1.0 million Operating Results • Return on Average Assets (“ROAA”) of 1.11%, Return on Average TCE (“ROATCE”)(1) of 11.40%, net interest margin of 3.28%, and eff
Slide 6: Selected Financial
Selected Financial As of or For the Three Months Ended Compared to 9/30/25 Compared to 12/31/24 ($ in Thousands, Except Per Share Data) 12/31/25 9/30/25 12/31/24 Amount Percentage Amount Percentage Income Statement Summary: Interest Income $ 49,865 $ 51,471 $ 46,319 $ (1,606) -3.1% $ 3,546 7.7% Inte
Slide 7: Loan Overview
Loan Overview 4Q25 Highlights HFI Loan Trend ($mm) HFI Loan Composition Consumer December 31, 2025 • HFI loans increased $67.9 million, or 14% 2.5%, to $2.82 billion in 4Q25 YoY +7.3% $2,820 Commercial Property • CRE loans increased $26.0 million $2,795 $2,753 $2,728 Commercial & 38% (1.4%), C&I loa
Slide 8: Loan Production & Rate/Yield Analysis
Loan Production & Rate/Yield Analysis New Production(1) by Rate Type ($mm) HFI Loans Interest Rate Mix HFI Loans Interest Rate Mix Trend December 31, 2025 8.78% Variable (WA Rate: 6.93%) 100% 8.40% 90% 43% 400 7.56% 7.36% 41% 42% 43% 7.23% 44% 44% 45% 44% 44% 80% 7.04% 6.97% 8% 6.50% 70% HFI Loans 6
Slide 9: Loan Concentration
Loan Concentration Commercial Real Estate Loans by Property Type (12/31/25) Commercial Real Estate Loans Carrying % to WA WA Maturing Geographic Concentration (12/31/25) ($ in thousands) Value Total Count LTV(1) Rate 1 Year 1-3 Years 3-5 Years 5 Years Retail (More Than 50%) $ 394,800 20.6% 332 47.6%
Slide 10: Loan Concentration
Loan Concentration Commercial & Industrial Loans by Industry Type (12/31/25) Commercial & Industrial Loans Carrying % to WA WA Month to ($ in thousands) Value Total Rate Maturity Geographic Concentration (12/31/25) Finance & Insurance $ 160,678 31.6% 6.27% 7 General Manufacturing & Wholesale Trade 1
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) December 31, 2025 Peer Information: September 30, 2025 10 0% 9 2% 1.78% 1.76% 0% 2% 8 7 2% 1.43% 0% 1% 6 0.95% 1% 5 0% $8.9 0.26% 0.27% 0.73% $8.2 1% 4 $7.5 $7.9 0.24% 0.24% 0
Slide 12: Deposits
Deposits Deposit Trend ($mm) Deposit Composition Core Deposits(1) ($mm) December 31, 2025 Retail Time Deposits 80% 44% $1,900 62% 63% 62% 62% 65% 58% 59% 60% 3,500 70% YoY +6.9% $1,700 60% $2,914 $1,500 50% $2,823 $2,795 Wholesale $2.81B 3,000 $2,714 $1,300 40% $2,616 $1,801 $1,806 Deposits $1,100 $
Slide 13: Profitability
Profitability 4Q25 Highlights Net Income & PTPP(1) Income ($mm) Diluted EPS & Adjusted Diluted EPS(1) 1.20 $1.07 • Net interest income decreased $1.6 $1.00 $0.98 million, noninterest income $15.5 $0.85 $14.5 $0.83 decreased $869 thousand, and 1.00 16 $14.1 $12.3 $12.4 0.80 $0.72 noninterest expense
Slide 14: Noninterest Income & Expense
Noninterest Income & Expense Noninterest Income Trend ($mm) SBA 7(A) Loans ($mm) 8.8% 7.8% 7.8% 7.3% 10% 47% 6.0% 6.5% 6.4% 5.8% 44% 4 60% 60 8% 37% 38% 34% 50% 31% 4 29% 6% 25% 50 40% 5.3% 3 4% 30% 5.6% 5.6% 4.7% 5.4% 5.6% $1.5 $1.8 40 4.9% $1.2 3.9% 2% $1.1 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% 8% 6.77% 6.82% 6.66% 6.63% 3.30% 6.59% 6.56% 6.58% 6.44% +0.06% 7% 3.20% -0.12% -0.03% +0.09% 5.33% 5.33% 3.10% 6% 5.26% 3.28% 3.28% 4.85% 4.86% 4.65% 3.00% 5% 4.85% 4.33% 4.33% 4.29% 4.59% 2.90% 3.98% 3.
Slide 16: Capital
Capital Regulatory Capital Ratios Book Value/TCE Per Share(1) December 31, 2025 20% $30 $26.93 27.41 $25.78 $26.26 $24.80 $25.39 $25.30 $24.54 $28 $26 18% $24 $22 15.13% $22.09 22.55 $20 16% 14.72% $20.97 $21.44 $19.95 $20.55 $20.49 $18 13.89% $19.69 13.49% 13.49% $16 14% $14 11.89% $12 12% 11.55% 1
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement the financial information presented in accordance with GAAP, we use certain non-GAAP financial measures. Management believes the non-GAAP measures enhance investors’ understanding of the Company’s business and performance. These measures are also useful in u
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures The following table reconciles core deposits to its most comparable GAAP measure: ($ in thousands) Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Total Deposits (d) $ 2,402,840 $ 2,406,254 $ 2,459,682 $ 2,615,791 $ 2,714,399 $ 2,822,915 $ 2,913,502 $ 2,795,412 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) 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 Net Income (a) $ 4,685 $ 6,281 $ 7,814 $ 7,030 $ 7,735 $ 9,071 $ 11,412 $ 9,235 Ad