Private Bancorp of America, Inc. · NASDAQ:PBAM
Private Bancorp of America — Q1 2026 Earnings Presentation
27 slides from Private Bancorp of America's earnings presentation, Apr 17, 2026
Slide 1: Q1 2026 Investor Update
(OTCQX: PBAM) Holding Company for April 17, 2026 Q1 2026 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 Indexes and 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:AMBZ, AVBH, BCAL, BCML, BMRC, BPRN, BWFG, EFSI, ESQ, FFBB, FNRN, FRBA, FSBC, FVCB, JMSB, MNS
Slide 6: Q1 2026 Results and Highlights
Q1 2026 Results and Highlights ▌ Financial Highlights ▌ Operational & Performance Highlights o $12.0 million in Net Income o $2.07 Earnings Per Share o 45.39% Efficiency Ratio o $2.69 billion in Assets o 5.21% Net Interest Margin o $2.14 billion in Loans HFI o 1.88% Return on Average Assets o $2.37
Slide 7: Strategic Focus – 2026
Strategic Focus – 2026 • Loan pricing focused on capturing preferred client and credit profile Credit Quality & • Risk-based approach to loan reviews and Portfolio Management Portfolio Management • Early and active client engagement to minimize potential of future problem credits • Continued resolut
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 – all of which drive higher franchise value Growing Customer Deposits 1Q26 Deposit Mix Deposit Cost Trends Dollars in Thousands Non-Interest Bearing
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: Loan Portfolio Rollforward
Loan Portfolio Rollforward Loan Rollforward ▌ 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 $14.8 million during 1Q26 due to an increase in new origination volume, slightly o
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 1Q26 Loan Mix HFI Loan Balances & Yields* Dollars in Millions Investor
Slide 14: Real Estate Secured Loan Portfolio Breakdown
Real Estate Secured Loan Portfolio Breakdown 1Q26 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 11.5% Compound Annual Growth Rate (CAGR) for o Use of floors on variable lines to mitigate NIM revolving line amounts over last 8 quarters comp
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 Contract Amount, Dollars in Millions Ranked #1
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, resulting in higher than normal first quarter results. SBA 7(a) Loan Sales SBA 7
Slide 18: Interest Rate Risk Management
Interest Rate Risk Management Loans Repricing & Maturities Interest Rate Sensitivity March 31, 2026 Fixed-Rate Loans Adjustable-Rate Loans (incl. Hybrids) Estimated Change from 3/31/26 Rate Shock Baseline forecast Balance (in % of Balance (in % of Scenario Term to Maturity 000's) Rate Loans Term to
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 Total criticized assets declined by $4.9MM or 6.8% during the first quarter o 50 total classified loans,
Slide 20: Credit Risk Management Metrics
Credit Risk Management Metrics Quarterly Net Charge Offs in bps of Loans HFI ▌ Credit Commentary o Nonperforming loans declined $7.6million, or 18% during the first quarter o 18 total non-performing loans from the population of classified loans o 13 non-performing loans totaling $30.4 million are co
Slide 21: Current Expected Credit Loss (CECL)
Current Expected Credit Loss (“CECL”) ACL Rollforward 2Q25 3Q25 4Q25 1Q26 Mar 31, 2025 Jun 30, 2025 Sep 30, 2025 Dec 31, 2025 Mar 31, 2026 $ in thousands Change in Change in Change in Change in ACL ACL ACL ACL ACL ACL ACL ACL ACL Allowance for loan losses 26,437 1,741 28,178 607 28,785 538 29,323 91
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 Continued investme
Slide 23: Strong Capital Position
Strong Capital Position ▌ Continued strong capital accretion to support balance sheet growth and strategic options to enhance shareholder value ▌ Capital Strategy o Manage capital to achieve strong levels of Return on Equity o Proven ability to add shareholder value by consistently increasing tangib
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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