← PCB BANCORP
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $16.4m |
$24.3m
+48.15%
|
$24.1m
-0.79%
|
$16.2m
-32.91%
|
$40.1m
+147.93%
|
$35.0m
-12.76%
|
$30.7m
-12.24%
|
$25.8m
-15.94%
|
$37.5m
+45.11%
|
$41.8m
+11.63%
|
|
| Depreciation of premises and equipment | $1.1m | $1.3m | $1.5m | $1.5m | $1.4m | $1.6m | $2.2m | $2.3m | $2.2m | $4.0m | |
| Net amortization of premiums on securities | $818k | $790k | $883k | $938k | $1.0m | $367k | $209k | $159k | $146k | — | |
| Amortization of servicing assets | $2.2m | $2.8m | $2.4m | $1.9m | $2.0m | $2.1m | $1.9m | $1.8m | $2.1m | — | |
| Deferred tax expense (benefit) | $1.7m | $641k | ($2.6m) | ($3.7m) | ($2.0m) | $12.2m | $4.1m | ($8.0m) | ($3.8m) | — | |
| Share-based compensation | $699k | $648k | $709k | $715k | $453k | $539k | $488k | $504k | $973k | $974k | |
| Change in accrued interest receivable and other assets | ($243k) | ($1.4m) | $801k | ($2.3m) | $2.7m | ($12.7m) | ($934k) | ($3.7m) | $2.2m | — | |
| Change in accrued interest payable and other liabilities | $800k | $4.5m | ($2.1m) | ($6.8m) | $1.9m | $1.7m | $14.1m | $21.6m | ($7.6m) | — | |
| Net cash provided by operating activities | $21.2m |
$30.7m
+44.66%
|
$30.1m
-1.83%
|
$17.1m
-43.26%
|
($1.6m)
-109.46%
|
$57.3m
+3641.56%
|
$63.3m
+10.61%
|
$39.0m
-38.45%
|
$26.6m
-31.80%
|
$41.4m
+55.59%
|
|
| Purchases of premises and equipment | ($1.3m) | ($1.1m) | ($710k) | ($1.8m) | ($430k) | ($5.5m) | ($1.3m) | ($4.1m) | ($2.2m) | — | |
| Net cash used in investing activities | ($215.5m) | ($168.1m) | ($61.9m) | ($132.8m) | ($175.2m) | ($356.7m) | ($275.3m) | ($311.7m) | ($200.1m) | ($165.3m) | |
| Net change in short-term Federal Home Loan Bank advances and other borrowings | — | — | — | — | $0 | $20.0m | ($20.0m) | $15.0m | $19.0m | — | |
| Repurchase of common stock | $0 | $0 | ($6.5m) | ($6.5m) | ($10.9m) | ($6.7m) | ($8.8m) | ($222k) | ($7.1m) | — | |
| Cash dividends paid on common stock | ($1.6m) | ($1.8m) | ($4.0m) | ($6.2m) | ($6.7m) | ($8.9m) | ($9.9m) | ($10.3m) | ($11.5m) | ($12.3m) | |
| Cash dividends paid on preferred stock | — | — | — | — | — | $0 | $0 | ($772k) | ($346k) | ($12.3m) | |
| Net cash provided by financing activities | $198.0m |
$226.1m
+14.16%
|
$15.7m
-93.04%
|
$163.6m
+939.50%
|
$186.0m
+13.71%
|
$243.1m
+30.70%
|
$307.2m
+26.36%
|
$229.2m
-25.40%
|
$181.9m
-20.64%
|
$125.5m
-30.99%
|
|
| Net increase (decrease) in cash and cash equivalents | $3.7m | $88.6m | ($16.0m) | $47.9m | $9.2m | ($56.3m) | $95.3m | ($43.5m) | $8.3m | — | |
| Cash and cash equivalents at beginning of year | $73.7m | $162.3m | $146.2m | $194.1m | $203.3m | $147.0m | $242.3m | $198.8m | $207.1m | $263.6m | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Net accretion of discounts on loans | ($3.5m) | ($4.4m) | ($4.0m) | ($3.3m) | ($3.5m) | ($3.6m) | ($2.2m) | ($2.8m) | ($2.8m) | — | |
| Net accretion of deferred loan fees | ($559k) | ($515k) | ($452k) | ($2.9m) | ($6.1m) | ($2.2m) | ($1.1m) | ($1.2m) | ($1.4m) | — | |
| Provision (reversal) for credit losses | — | — | — | — | ($4.6m) | $3.6m | ($132k) | $3.4m | $4.0m | — | |
| Bank-owned life insurance income | — | — | $0 | $0 | ($108k) | ($706k) | ($753k) | ($949k) | ($1.0m) | — | |
| Gain on sale of loans | ($9.0m) | ($5.6m) | ($6.0m) | ($6.5m) | ($12.9m) | ($8.0m) | ($3.6m) | ($3.8m) | ($4.6m) | — | |
| Originations of loans held-for-sale | ($143.1m) | ($99.9m) | ($105.2m) | ($141.2m) | ($172.2m) | ($105.6m) | ($69.0m) | ($74.0m) | ($92.2m) | — | |
| Proceeds from sales of and principal collected on loans held-for-sale | $152.0m | $106.3m | $116.5m | $149.4m | $150.2m | $132.9m | $87.4m | $77.9m | $90.9m | — | |
| Purchase of securities available-for-sale | ($66.9m) | ($42.0m) | ($12.0m) | ($39.4m) | ($47.3m) | ($57.4m) | ($17.3m) | ($23.5m) | ($31.7m) | — | |
| Proceeds from maturities, calls, and paydowns of securities available-for-sale | $18.6m | $23.4m | $30.1m | $37.2m | $41.1m | $23.2m | $17.9m | $19.8m | $24.2m | — | |
| Proceeds from sales of and principal collected on loans held-for-sale previously classified as held-for-investment | $0 | $8.3m | $826k | $664k | $8.8m | $458k | $5.1m | $676k | $0 | — | |
| Net increase in loans held-for-investment | ($161.7m) | ($155.1m) | ($113.1m) | ($134.6m) | ($149.2m) | ($317.1m) | ($261.4m) | ($305.3m) | ($189.6m) | — | |
| Purchase of loans held-for-investment | $0 | $0 | ($1.5m) | $0 | ($2.1m) | $0 | ($15.7m) | $0 | $0 | — | |
| Purchase of Federal Home Loan Bank and other restricted stock | ($903k) | ($844k) | ($912k) | ($102k) | ($130k) | ($1.6m) | ($2.5m) | ($1.3m) | ($936k) | — | |
| Proceeds from sale of other real estate owned | $291k | $102k | $321k | $3.9m | $3.4m | $1.2m | $0 | $3.0m | $0 | — | |
| Investment in private equity | — | — | — | — | — | $0 | $0 | $1.0m | $0 | — | |
| Net increase in deposits | $159.5m | $192.5m | $35.6m | $115.5m | $272.3m | $178.8m | $305.6m | $264.2m | $179.6m | — | |
| Proceeds from long-term Federal Home Loan Bank advances | $40.0m | $0 | $0 | $140.0m | $0 | $0 | $39.0m | $50.0m | $0 | — | |
| Repayment of long-term Federal Home Loan Bank advances | $0 | ($10.0m) | ($10.0m) | ($80.0m) | ($70.0m) | ($10.0m) | $0 | ($89.0m) | $0 | — | |
| Stock options exercised | $134k | $310k | $626k | $693k | $1.3m | $840k | $1.4m | $353k | $2.3m | — | |
| Restricted stock surrendered due to employee tax liability | — | — | $0 | ($2k) | ($4k) | ($8k) | ($2k) | ($3k) | ($81k) | — | |
| Stock repurchase excise tax | — | — | — | — | — | $0 | $0 | ($62k) | ($8k) | — | |
| Interest paid | $9.5m | $14.0m | $24.1m | $17.4m | $5.8m | $9.7m | $47.8m | $85.8m | $92.8m | $94.8m | |
| Income taxes paid | $12.1m | $7.6m | $13.4m | $10.1m | $15.0m | $14.0m | $4.3m | $6.4m | $23.1m | — | |
| Loans transferred to loans held-for-sale | $0 | $8.1m | $824k | $1.4m | $8.8m | $4.5m | $0 | $676k | $0 | — | |
| Loans transferred to other real estate owned | $0 | $0 | $50k | $3.1m | $905k | $151k | $593k | $94k | $0 | — | |
| Right-of-use assets obtained in exchange for lease obligations | $0 | $0 | $1.6m | $950k | $1.5m | $2.1m | $15.3m | $973k | $3.0m | — |