Private Bancorp of America, Inc. · NASDAQ:PBAM
Private Bancorp of America — Q4 2025 Earnings Presentation
27 slides from Private Bancorp of America's earnings presentation, Jan 16, 2026
Slide 1: Q4 2025 Investor Update
(OTCQX: PBAM) Holding Company for January 16, 2026 Q4 2025 Investor Update
Slide 2: Disclosures
Disclosures FORWARD LOOKING STATEMENTS This presentation contains expressions of expectations, both implied and explicit, that are “forward-looking statements” within the meaning of such term in the Private Securities Litigation Reform Act of 1995. We caution you that a number of important factors c
Slide 3: Corporate Overview
Corporate Overview ▌ The CalPrivate Bank Franchise ▌Coastal Southern California Footprint o Founded in 2006 and headquartered in La Jolla, California, Private Bancorp of America, Inc. owns and operates CalPrivate Bank, a dynamic relationship-based commercial bank o With 7 branch locations in Los Ang
Slide 4: Consistent Focus on Shareholder Value Creation
Consistent Focus on Shareholder Value Creation ▌ Growth Oriented Strategy $ Total Assets (in Billions) o Culture of excellence in all aspects of serving Clients o Growth oriented Sales and Service Teams 15.5% 6 Yr CAGR o Consistent growth of earning assets at strong yields o Core EPS growth of 35% C
Slide 5: PBAM Stock Total Return vs KBW Bank Index, S&P 500, and Select Peers
PBAM Stock Total Return (vs KBW Bank Index, S&P 500, and Select Peers) ▌ PBAM stock has outperformed peer group over the last 3 years and 5 years 3 Year Total Return 5 Year Total Return 1 Peer Group Includes: BCAL, FSBC, BSRR, CWBC, MYFW, PCB, BCML, OPBK, AVBH, FNRN, TSBK, OVLY, PLBC, RVSB, FFBB, AR
Slide 6: Q4 2025 Results and Highlights
Q4 2025 Results and Highlights ▌ Financial Highlights ▌ Operational & Performance Highlights o $10.0 million in Net Income o $1.71 Earnings Per Share o 48.46% Efficiency Ratio o $2.54 billion in Assets o 4.84% Net Interest Margin o $2.13 billion in Loans HFI o 1.53% Return on Average Assets o $2.22
Slide 7: Strategic Focus – 2025
Strategic Focus – 2025 • Opened Full-Service Office in Montecito, Santa Barbara County, California • Organic growth in existing markets Opportunistic Growth • Top-tier talent acquisition for existing and new markets • Emphasis on High Net Worth, legal industry, property management & family office •
Slide 8: Managing NIM in a Volatile Environment
Managing NIM in a Volatile Environment ▌ NIM Protection Strategy Proven Relationship Banking model allows for keen understanding of Clients and providing them with value Strong Loan Yields Deposit Retention & Growth Other NIM Performance Contributors • Desirable mix of Fixed, Variable and • Robust p
Slide 9: Strong Deposit Franchise
Strong Deposit Franchise ▌ Relationship banking approach produces core deposit growth, lower cost of funds and reduced dependency on brokered deposits which drives higher franchise value Growing Customer Deposits 4Q25 Deposit Mix Deposit Rate Trends Dollars in Thousands Non-Interest Bearing Interest
Slide 10: Strong Liquidity & Funding Position
Strong Liquidity & Funding Position ▌ Focus on maintaining strong liquidity position and continued improvement in the deposit mix Cash & Securities Wholesale Funding Dollars in Millions Dollars in Millions Total Available Liquidity ▌ Commentary Total Available % of Liqudity Sources & Unused Uninsure
Slide 11: Loan Originations by Quarter
Loan Originations by Quarter ▌ An uncertain economic environment, coupled with evolving policies and tariffs, has led to a decrease in capital expenditures and lower loan demand from borrowers. We continue to use a disciplined approach to underwriting and pricing to protect our Net Interest Margin,
Slide 12: Loans Portfolio Roll Forward
Loans Portfolio Roll Forward Loan Rollforward NEEDS UPDATE ▌ Loan Rollforward Commentary o Loans Held for Investment balances in roll forward represent outstanding balances and are before allowance for credit losses o Loans HFI grew $44.5 million during 4Q25 due to an increase in new origination vol
Slide 13: Loans Held for Investment Portfolio
Loans Held for Investment Portfolio ▌ Managing the Loan Portfolio through prudent risk selection and disciplined pricing; with a focus on maintaining and growing client relationships and achieving appropriate risk adjusted yields 4Q25 Loan Mix HFI Loan Balances * ** *** Dollars in Millions Investor
Slide 14: Real Estate Secured Loan Portfolio Breakdown
Real Estate Secured Loan Portfolio Breakdown 4Q25 Mix of Loans Secured by Real Estate Secured by Real Estate & LTV Dollars in Millions ▌ Loan Diversification Real Estate Secured- Specific Portfolio Details WAVG Orig Loan Type WAVG LTV % Owner Occupied GDSCR* o HFI loan composition reflects specific
Slide 15: Line Utilization Revolving Line of Credit
Total Revolving Lines of Credit Total Revolving Lines of Credit $ in millions Revolving Line of Credit $ Line Utilization ▌ Overview ▌ Utilization & Rates o 12% Compound Annual Growth Rate (CAGR) for o Use of floors on variable lines to mitigate NIM revolving line amounts over last 8 quarters compre
Slide 16: SBA Lending Overview
SBA Lending Overview ▌ SBA Lending is an essential part of the CalPrivate Bank business model, offering lower leverage, higher yielding 504 and 7(a) guaranteed lending products to small businesses in our local communities SBA Originations ▌ SBA Overview Dollars in Millions Ranked #1 Community o Awar
Slide 17: SBA Loan Sale Strategies
SBA Loan Sale Strategies ▌ Optimizing SBA loan sales versus HFI based on secondary market conditions and loan yields. SBA Loan sales activity was muted in the fourth quarter due to the impact of the Government shutdown. SBA 7(a) Loan Sales SBA 7(a) Income & Premium Dollars in Millions Dollars in Mil
Slide 18: Interest Rate Risk Management
Interest Rate Risk Management Loans Repricing & Maturities Interest Rate Sensitivity December 31, 2025 Fixed-Rate Loans Adjustable-Rate Loans (incl. Hybrids) Estimated Change from 12/31/25 Rate Shock Baseline forecast Balance (in % of Balance (in % of Scenario Term to Maturity 000's) Rate Loans Term
Slide 19: Credit Risk Management
Credit Risk Management ▌ Credit risk and loan portfolio management continues to proactively identify and address potential problem assets Special Mention Loans ▌ Commentary Dollars in Millions o 46 total classified loans, 5 loans totaling $5.0 million were downgraded from pass o 32 of 46 classified
Slide 20: Credit Risk Management Metrics
Credit Risk Management Metrics Quarterly Net Charge Offs in bps of Loans HFI ▌ Credit Commentary o 22 total non-performing loans from the population of classified loans o 14 non-performing loans totaling $34.9 million are collateral dependent with a weighted average CLTV of 61.6% Non-Performing Loan
Slide 21: Current Expected Credit Loss (CECL)
Current Expected Credit Loss (“CECL”) ACL Rollforward 1Q25 2Q25 3Q25 4Q25 Dec 31, 2024 Mar 31, 2025 Jun 30, 2025 Sep 30, 2025 Dec 31, 2025 $ in thousands Change in Change in Change in Change in ACL ACL ACL ACL ACL ACL ACL ACL ACL Allowance for loan losses 27,267 (830) 26,437 1,741 28,178 607 28,785
Slide 22: Expenses and Operational Efficiency
Expenses and Operational Efficiency ▌ Ongoing focus on improving operating leverage through technology and process improvement initiatives while adding talent and improving capabilities and offerings to our Clients ▌ NIE Commentary Non-Interest Expense (NIE) Dollars in Thousands o Comp & Benefits de
Slide 23: Strong Capital Position
Strong Capital Position ▌ Continued strong build of capital levels to support future balance sheet growth ▌ Capital Strategy o Manage capital to achieve strong levels of Return on Equity o Proven ability to add shareholder value by consistently increasing tangible book value through strong earnings
Slide 24: CalPrivate Culture and Community Outreach
CalPrivate Culture and Community Outreach ▌ Community Support o An important aspect of our company culture is community engagement o CalPrivate Bank donates to non-profit organizations with both our time and money across a wide range of community groups from San Diego to Santa Barbara o Employee con
Slide 25: Technology & Innovation Differentiation
Technology & Innovation Differentiation • Investment in technology is a competitive necessity • Enables improved performance by providing improved Client Experience, expansion of Technology the Client base and increased productivity Principles • Helps address regulatory pressure related to managing
Slide 26: Management Contacts
Management Contacts Rick Sowers Cory Stewart President & Chief Executive Officer EVP & Chief Financial Officer o. 424.303.4894 c. 206.293.3669 c. 310.569.3635 cstewart@calprivate.bank rsowers@calprivate.bank
Slide 27: Q&A
(OTCQX: PBAM) Q&A Holding Company for
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