Exhibit 99.1

PCB Bancorp Reports Earnings for Q2 2026

Los Angeles, California, - July 23, 2026 - PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank (the “Bank”), today reported net income available to common shareholders of $10.4 million, or $0.73 per diluted common share, for the second quarter of 2026, compared with $10.6 million, or $0.74 per diluted common share, for the previous quarter and $9.0 million, or $0.62 per diluted common share, for the year-ago quarter.

Q2 2026 Highlights

•Net income available to common shareholders totaled $10.4 million, or $0.73 per diluted common share, for the current quarter;

•Provision for credit losses was $926 thousand for the current quarter compared with $467 thousand for the previous quarter and $1.8 million for the year-ago quarter;

•Allowance for Credit Losses (“ACL”) on loans to loans held-for-investment ratio was 1.18% at June 30, 2026 compared with 1.18% at March 31, 2026, and 1.20% at June 30, 2025;

•Net interest income was $27.5 million for the current quarter compared with $26.8 million for the previous quarter and $26.0 million for the year-ago quarter. Net interest margin was 3.33% for the current quarter compared with 3.36% for the previous quarter and 3.33% for the year-ago quarter;

•Gain on sale of loans was $1.2 million for the current quarter compared with $1.4 million for the previous quarter and $1.5 million for the year-ago quarter;

•Total assets were $3.47 billion at June 30, 2026, an increase of $73.9 million, or 2.2%, from $3.40 billion at March 31, 2026, an increase of $188.4 million, or 5.7%, from $3.28 billion at December 31, 2025, and an increase of $164.5 million, or 5.0%, from $3.31 billion at June 30, 2025;

•Loans held-for-investment were $2.93 billion at June 30, 2026, an increase of $58.5 million, or 2.0%, from $2.87 billion at March 31, 2026, an increase of $111.6 million, or 4.0%, from $2.82 billion at December 31, 2025, and an increase of $136.7 million, or 4.9%, from $2.80 billion at June 30, 2025; and

•Total deposits were $2.92 billion at June 30, 2026, an increase of $34.7 million, or 1.2%, from $2.89 billion at March 31, 2026, an increase of $127.2 million, or 4.6%, from $2.80 billion at December 31, 2025, and an increase of $99.7 million, or 3.5%, from $2.82 billion at June 30, 2025.

Henry Kim, President and CEO, commented, “We are pleased to report another solid quarter, driven by consistent loan and deposit growth, strong asset quality, disciplined expense management, and continued growth in net interest income. Retail deposit balances increased $45 million, or 7.2% annualized, while wholesale deposits decreased $11 million. Loan balances increased $58 million, or 8.0% annualized. Our ratio of nonperforming assets to total assets remained low at 0.25%, and our efficiency ratio was 49.2%.

We remain focused on measured, relationship-based growth while maintaining solid credit quality and prudent expense management to deliver long-term shareholder value.”

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Financial Highlights (Unaudited)

($ in thousands, except per share data)						Three Months Ended																														Six Months Ended
						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Net income						$	10,507					$	10,653					(1.4)		%				$	9,071					15.8		%				$	21,160					$	16,806					25.9		%
Net income available to common shareholders						$	10,420					$	10,567					(1.4)		%				$	8,984					16.0		%				$	20,987					$	16,679					25.8		%
Diluted earnings per common share (“EPS”)						$	0.73					$	0.74					(1.4)		%				$	0.62					17.7		%				$	1.47					$	1.15					27.8		%
Net interest income						$	27,494					$	26,810					2.6		%				$	25,990					5.8		%				$	54,304					$	50,273					8.0		%
Provision for credit losses						926						467						98.3		%				1,787						(48.2)		%				1,393						3,385						(58.8)		%
Noninterest income						3,203						3,374						(5.1)		%				3,297						(2.9)		%				6,577						5,877						11.9		%
Noninterest expense						15,113						14,814						2.0		%				14,829						1.9		%				29,927						29,303						2.1		%
Return on average assets (“ROAA”) (1)						1.24		%				1.30		%										1.13		%										1.27		%				1.07		%
Return on average shareholders’ equity (“ROAE”) (1)						10.55		%				10.95		%										9.76		%										10.75		%				9.16		%
Return on average tangible common equity (“ROATCE”) (1),(2)						12.65		%				13.17		%										11.87		%										12.91		%				11.17		%
Net interest margin (1)						3.33		%				3.36		%										3.33		%										3.34		%				3.30		%
Efficiency ratio (3)						49.23		%				49.08		%										50.63		%										49.16		%				52.19		%

($ in thousands, except per share data)						6/30/2026						3/31/2026						% Change						12/31/2025						% Change						6/30/2025						% Change
Total assets						$	3,470,124					$	3,396,193					2.2		%				$	3,281,771					5.7		%				$	3,305,589					5.0		%
Net loans held-for-investment						2,897,281						2,839,608						2.0		%				2,787,019						4.0		%				2,761,755						4.9		%
Total deposits						2,922,659						2,887,980						1.2		%				2,795,412						4.6		%				2,822,915						3.5		%
Book value per common share (4)						$	28.40					$	27.88											$	27.41											$	26.26
TCE per common share (2)						$	23.49					$	23.02											$	22.55											$	21.44
Tier 1 leverage ratio (consolidated)						11.89		%				12.05		%										11.89		%										11.81		%
Total shareholders’ equity to total assets						11.54		%				11.68		%										11.88		%										11.39		%
TCE to total assets (2), (5)						9.55		%				9.65		%										9.78		%										9.30		%

(1)Ratios are presented on an annualized basis.

(2)Non-GAAP. See “Non-GAAP Financial Measures” for a reconciliation of this measure to its most comparable GAAP measure.

(3)Calculated by dividing noninterest expense by the sum of net interest income and noninterest income.

(4)Calculated by dividing total shareholders’ equity by the number of outstanding common shares.

(5)The Company had no intangible asset component for the presented periods.

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Results of Operations (Unaudited)

Net Interest Income and Net Interest Margin

The following table presents the components of net interest income for the periods indicated:

						Three Months Ended																														Six Months Ended
($ in thousands)						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Interest income/expense on
Loans						$	45,886					$	44,484					3.2		%				$	45,478					0.9		%				$	90,370					$	88,504					2.1		%
Investment securities						1,795						1,574						14.0		%				1,462						22.8		%				3,369						2,870						17.4		%
Other interest-earning assets						2,359						2,773						(14.9)		%				2,368						(0.4)		%				5,132						4,826						6.3		%
Total interest-earning assets						50,040						48,831						2.5		%				49,308						1.5		%				98,871						96,200						2.8		%
Interest-bearing deposits						21,795						21,478						1.5		%				22,505						(3.2)		%				43,273						45,069						(4.0)		%
Borrowings						751						543						38.3		%				813						(7.6)		%				1,294						858						50.8		%
Total interest-bearing liabilities						22,546						22,021						2.4		%				23,318						(3.3)		%				44,567						45,927						(3.0)		%
Net interest income						$	27,494					$	26,810					2.6		%				$	25,990					5.8		%				$	54,304					$	50,273					8.0		%
Average balance of
Loans						$	2,885,996					$	2,840,688					1.6		%				$	2,782,200					3.7		%				$	2,863,467					$	2,715,986					5.4		%
Investment securities						178,716						160,798						11.1		%				151,055						18.3		%				169,807						148,810						14.1		%
Other interest-earning assets						249,717						236,161						5.7		%				200,875						24.3		%				242,977						205,101						18.5		%
Total interest-earning assets						$	3,314,429					$	3,237,647					2.4		%				$	3,134,130					5.8		%				$	3,276,251					$	3,069,897					6.7		%
Interest-bearing deposits						$	2,326,163					$	2,279,104					2.1		%				$	2,187,210					6.4		%				$	2,302,764					$	2,163,836					6.4		%
Borrowings						76,374						56,000						36.4		%				71,286						7.1		%				66,243						37,796						75.3		%
Total interest-bearing liabilities						$	2,402,537					$	2,335,104					2.9		%				$	2,258,496					6.4		%				$	2,369,007					$	2,201,632					7.6		%
Total funding (1)						$	2,946,585					$	2,869,802					2.7		%				$	2,792,026					5.5		%				$	2,908,406					$	2,726,758					6.7		%
Annualized average yield/cost of
Loans						6.38		%				6.35		%										6.56		%										6.36		%				6.57		%
Investment securities						4.03		%				3.97		%										3.88		%										4.00		%				3.89		%
Other interest-earning assets						3.79		%				4.76		%										4.73		%										4.26		%				4.74		%
Total interest-earning assets						6.06		%				6.12		%										6.31		%										6.09		%				6.32		%
Interest-bearing deposits						3.76		%				3.82		%										4.13		%										3.79		%				4.20		%
Borrowings						3.94		%				3.93		%										4.57		%										3.94		%				4.58		%
Total interest-bearing liabilities						3.76		%				3.82		%										4.14		%										3.79		%				4.21		%
Net interest margin						3.33		%				3.36		%										3.33		%										3.34		%				3.30		%
Cost of total funding (1)						3.07		%				3.11		%										3.35		%										3.09		%				3.40		%
Supplementary information
Net accretion of discount on loans						$	584					$	517					13.0		%				$	610					(4.3)		%				$	1,101					$	1,482					(25.7)		%
Net amortization of deferred loan fees						$	357					$	353					1.1		%				$	414					(13.8)		%				$	710					$	680					4.4		%

(1)Total funding is the sum of interest-bearing liabilities and noninterest-bearing deposits. The cost of total funding is calculated as annualized total interest expense divided by average total funding.

The decrease in net interest margin for the current quarter compared with the previous quarter was primarily due to a decrease in average yield on other-interest earning assets, partially offset by increases in average yields on loans and investment securities and a decrease in average cost of interest-bearing deposits. During the previous quarter, the Company received a special dividend on Federal Home Loan Bank (“FHLB”) stock of $424 thousand, which contributed an additional 5 basis point to the net interest margin.

The increase in net interest margin for the current year-to-date period compared with the previous year-to-date period was primarily due to a decrease in average costs of total interest-bearing liabilities and an increase in average yield on investment securities, partially offset by decreases in average yields on loans and other-interest earning assets.

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Loans. The increase in average yield for the current quarter compared with the previous quarter was primarily due to higher weighted-average interest rates on loans and an increase in net accretion of discount on loans. The decreases for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to decreases in market rates and net accretion of discount on loans.

The following table presents a composition of total loans by interest rate type accompanied by the weighted-average contractual rates as of the dates indicated:

						6/30/2026												3/31/2026												12/31/2025												6/30/2025
						% to Total Loans						Weighted-Average Contractual Rate						% to Total Loans						Weighted-Average Contractual Rate						% to Total Loans						Weighted-Average Contractual Rate						% to Total Loans						Weighted-Average Contractual Rate
Fixed rate loans						18.0		%				5.76		%				17.7		%				5.73		%				17.5		%				5.60		%				18.0		%				5.51		%
Hybrid rate loans						39.9		%				5.67		%				39.4		%				5.59		%				39.7		%				5.57		%				38.5		%				5.43		%
Variable rate loans						42.1		%				6.82		%				42.9		%				6.80		%				42.8		%				6.93		%				43.5		%				7.53		%

Investment Securities. The increases in average yield for the current quarter and year-to-date period were primarily due to higher yields on newly purchased investment securities.

Other Interest-Earning Assets. The decrease in average yield for the current quarter compared with the previous quarter was primarily due to the special dividend on FHLB stock for the previous quarter. The decreases for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to a decrease in average interest rate on cash held at the Federal Reserve Bank, partially offset by an increase in dividends received on FHLB stock.

Interest-Bearing Deposits. The decreases in average cost for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to decreases in market rates.

Provision for credit losses

The following table presents a composition of provision for credit losses for the periods indicated:

						Three Months Ended																														Six Months Ended
($ in thousands)						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Provision for credit losses on loans						$	798					$	618					29.1		%				$	1,721					(53.6)		%				$	1,416					$	3,312					(57.2)		%
Provision (reversal) for credit losses on off-balance sheet credit exposure						128						(151)						NM						66						93.9		%				(23)						73						NM
Total provision for credit losses						$	926					$	467					98.3		%				$	1,787					(48.2)		%				$	1,393					$	3,385					(58.8)		%

The provision for credit losses on loans for the current quarter was primarily due to an increase in loans held-for-investment.

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Noninterest Income

The following table presents the components of noninterest income for the periods indicated:

						Three Months Ended																														Six Months Ended
($ in thousands)						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Gain on sale of loans						$	1,182					$	1,409					(16.1)		%				$	1,465					(19.3)		%				$	2,591					$	2,352					10.2		%
Service charges and fees on deposits						450						430						4.7		%				375						20.0		%				880						747						17.8		%
Loan servicing income						802						801						0.1		%				760						5.5		%				1,603						1,485						7.9		%
Bank-owned life insurance (“BOLI”) income						281						274						2.6		%				253						11.1		%				555						500						11.0		%
Other income						488						460						6.1		%				444						9.9		%				948						793						19.5		%
Total noninterest income						$	3,203					$	3,374					(5.1)		%				$	3,297					(2.9)		%				$	6,577					$	5,877					11.9		%

Gain on Sale of Loans. The following table presents information on gain (loss) on sale of loans for the periods indicated:

						Three Months Ended																														Six Months Ended
($ in thousands)						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Gain on sale of SBA loans
Sold loan balance						$	17,095					$	21,830					(21.7)		%				$	26,947					(36.6)		%				$	38,925					$	43,552					(10.6)		%
Premium received						1,430						1,581						(9.6)		%				1,750						(18.3)		%				3,011						2,958						1.8		%
Gain recognized						1,219						1,409						(13.5)		%				1,465						(16.8)		%				2,628						2,352						11.7		%
Loss on sale of other loans
Sold loan balance						$	1,071					$	—					NA						$	—					NA						$	1,071					$	—					NA
Loss recognized						(37)						—						NA						—						NA						(37)						—						NA

The other loan sold during the current quarter of $1.1 million was a commercial property loan, which was transferred to loans held-for-sale from loans held-for-investment during the previous quarter.

Loan Servicing Income. The Company services SBA loans and certain residential property loans sold to the secondary market. The following table presents information on loan servicing income for the periods indicated:

						Three Months Ended																														Six Months Ended
($ in thousands)						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Loan servicing income
Servicing income received						$	1,243					$	1,218					2.1		%				$	1,251					(0.6)		%				$	2,461					$	2,524					(2.5)		%
Servicing assets amortization						(441)						(417)						5.8		%				(491)						(10.2)		%				(858)						(1,039)						(17.4)		%
Loan servicing income						$	802					$	801					0.1		%				$	760					5.5		%				$	1,603					$	1,485					7.9		%
Underlying loans at end of period						$	503,429					$	506,645					(0.6)		%				$	514,974					(2.2)		%				$	503,429					$	514,974					(2.2)		%

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Noninterest Expense

The following table presents the components of noninterest expense for the periods indicated:

						Three Months Ended																														Six Months Ended
($ in thousands)						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Salaries and employee benefits						$	9,551					$	9,720					(1.7)		%				$	8,844					8.0		%				$	19,271					$	17,919					7.5		%
Occupancy and equipment						2,369						2,277						4.0		%				2,379						(0.4)		%				4,646						4,668						(0.5)		%
Professional fees						645						534						20.8		%				805						(19.9)		%				1,179						1,433						(17.7)		%
Marketing and business promotion						446						456						(2.2)		%				597						(25.3)		%				902						840						7.4		%
Data processing						342						337						1.5		%				317						7.9		%				679						650						4.5		%
Director fees and expenses						223						223						—		%				225						(0.9)		%				446						451						(1.1)		%
Regulatory assessments						368						361						1.9		%				358						2.8		%				729						702						3.8		%
Other expense						1,169						906						29.0		%				1,304						(10.4)		%				2,075						2,640						(21.4)		%
Total noninterest expense						$	15,113					$	14,814					2.0		%				$	14,829					1.9		%				$	29,927					$	29,303					2.1		%

Salaries and Employee Benefits. The decrease for the current quarter compared with the previous quarter was primarily due to an increase in direct loan origination cost, which offsets and defers the recognition of salaries and benefits expense, and a decrease in vacation accrual, partially offset by an increase in salaries. The increases for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to increases in salaries, bonus and vacation accruals, and group insurance. The number of full-time equivalent employees was 274, 264 and 266 as of June 30, 2026, March 31, 2026 and June 30, 2025, respectively.

Professional Fees. The increase for the current quarter compared with the previous quarter was due to additional professional fees incurred for the periodic external loan reviews during the current quarter. The decreases for the current quarter and year-to-date period compared with the same periods of 2025 were primarily due to additional professional fees incurred related to evaluating the accounting for a preferred stock purchase option during the year-ago quarter.

Marketing and Business Promotion. The decrease for the current quarter compared with the year-ago quarter was primarily due a decrease in advertising.

Other Expense. The increase for the current quarter compared with the previous quarter was primarily due to increases in expenses related to other loan related legal, armed guard and office operating. The decrease for the current quarter compared with the year-ago quarter was primarily due to an impairment on operating lease assets of $82 thousand for a sublease contract and a decrease in office operating expense, partially offset by increases in expenses related to other loan related legal and armed guard. The decrease for the current year-to-date period compared with the previous year-to-date period was primarily due to an impairment on operating lease assets of $228 thousand for a sublease contract, recognition of contingent liabilities for legal settlements of $190 thousand during the previous year-to-date period, and a decrease in office operating expense, partially offset by increases in expenses related to other loan related legal and armed guard.

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Balance Sheet (Unaudited)

Total assets were $3.47 billion at June 30, 2026, an increase of $73.9 million, or 2.2%, from $3.40 billion at March 31, 2026, an increase of $188.4 million, or 5.7%, from $3.28 billion at December 31, 2025, and an increase of $164.5 million, or 5.0%, from $3.31 billion at June 30, 2025. The increase for the current quarter was primarily due to increases in loans held-for-investment and other assets. During the current quarter, the Company invested $8.0 million in qualified affordable housing projects. The increase for the current year was primarily due increases in loans held-for-investment and other assets, as well as total cash and cash equivalents.

Loans

The following table presents a composition of total loans (includes both loans held-for-sale and loans held-for-investment) as of the dates indicated:

($ in thousands)						6/30/2026						3/31/2026						% Change						12/31/2025						% Change						6/30/2025						% Change
Commercial real estate:
Commercial property						$	1,120,171					$	1,091,823					2.6		%				$	1,071,396					4.6		%				$	1,010,780					10.8		%
Business property						697,627						644,307						8.3		%				638,063						9.3		%				635,648						9.8		%
Multifamily						208,797						198,346						5.3		%				175,579						18.9		%				212,738						(1.9)		%
Construction						11,121						18,972						(41.4)		%				18,561						(40.1)		%				27,294						(59.3)		%
Total commercial real estate						2,037,716						1,953,448						4.3		%				1,903,599						7.0		%				1,886,460						8.0		%
Commercial and industrial						494,944						520,894						(5.0)		%				508,662						(2.7)		%				492,857						0.4		%
Consumer:
Residential mortgage						393,414						392,680						0.2		%				401,337						(2.0)		%				406,682						(3.3)		%
Other consumer						5,945						6,529						(8.9)		%				6,802						(12.6)		%				9,310						(36.1)		%
Total consumer						399,359						399,209						—		%				408,139						(2.2)		%				415,992						(4.0)		%
Loans held-for-investment						2,932,019						2,873,551						2.0		%				2,820,400						4.0		%				2,795,309						4.9		%
Loans held-for-sale						2,937						3,604						(18.5)		%				12,077						(75.7)		%				8,133						(63.9)		%
Total loans						$	2,934,956					$	2,877,155					2.0		%				$	2,832,477					3.6		%				$	2,803,442					4.7		%
SBA loans included in:
Loans held-for-investment						$	145,457					$	145,101					0.2		%				$	146,549					(0.7)		%				$	150,688					(3.5)		%
Loans held-for-sale						$	2,937					$	2,513					16.9		%				$	12,077					(75.7)		%				$	8,133					(63.9)		%
ACL on loans						$	34,738					$	33,943					2.3		%				$	33,381					4.1		%				$	33,554					3.5		%
ACL on loans to loans held-for-investment						1.18		%				1.18		%										1.18		%										1.20		%

The increase in loans held-for-investment for the current quarter was primarily due to new funding of term loans of $178.0 million, partially offset by pay-downs and pay-offs of term loans of $75.8 million, net decrease of lines of credit of $43.7 million, and charge-offs of $18 thousand. The increase for the current year-to-date period was primarily due to new funding of term loans of $290.9 million, partially offset by pay-downs and pay-offs of term loans of $154.5 million, net decrease of lines of credit of $23.6 million, a loan transferred to loans held-for-sale of $1.1 million, and charge-offs of $94 thousand.

The decrease in loans held-for-sale for the current quarter was primarily due to sales of $18.2 million and pay-downs of $109 thousand, partially offset by new funding of $17.6 million. The decrease for the current year-to-date period was primarily due to sales of $40.0 million and pay-downs of $258 thousand, partially offset by new funding of $30.0 million and a loan transferred from loans held-for-investment of $1.1 million.

The following table presents a composition of off-balance sheet credit exposure as of the dates indicated:

($ in thousands)						6/30/2026						3/31/2026						% Change						12/31/2025						% Change						6/30/2025						% Change
Commercial property						$	10,069					$	9,816					2.6		%				$	11,344					(11.2)		%				$	10,851					(7.2)		%
Business property						8,297						8,852						(6.3)		%				7,569						9.6		%				10,364						(19.9)		%
Construction						3,022						4,825						(37.4)		%				5,229						(42.2)		%				8,985						(66.4)		%
Commercial and industrial						335,523						331,343						1.3		%				342,593						(2.1)		%				342,467						(2.0)		%
Other consumer						1,536						1,440						6.7		%				1,347						14.0		%				2,274						(32.5)		%
Total commitments to extend credit						358,447						356,276						0.6		%				368,082						(2.6)		%				374,941						(4.4)		%
Letters of credit						7,984						7,330						8.9		%				7,330						8.9		%				7,418						7.6		%
Total off-balance sheet credit exposure						$	366,431					$	363,606					0.8		%				$	375,412					(2.4)		%				$	382,359					(4.2)		%

7

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Credit Quality

The following table presents a summary of non-performing loans and assets, and classified assets as of the dates indicated:

($ in thousands)						6/30/2026						3/31/2026						% Change						12/31/2025						% Change						6/30/2025						% Change
Nonaccrual loans
Commercial real estate:
Commercial property						$	1,331					$	1,356					(1.8)		%				$	1,403					(5.1)		%				$	1,497					(11.1)		%
Business property						1,330						1,355						(1.8)		%				938						41.8		%				1,654						(19.6)		%
Total commercial real estate						2,661						2,711						(1.8)		%				2,341						13.7		%				3,151						(15.6)		%
Commercial and industrial						607						83						631.3		%				161						277.0		%				255						138.0		%
Consumer:
Residential mortgage						5,446						5,387						1.1		%				5,403						0.8		%				5,526						(1.4)		%
Other consumer						6						4						50.0		%				5						20.0		%				—						NA
Total consumer						5,452						5,391						1.1		%				5,408						0.8		%				5,526						(1.3)		%
Total nonaccrual loans held-for-investment						8,720						8,185						6.5		%				7,910						10.2		%				8,932						(2.4)		%
Loans past due 90 days or more and still accruing						—						—						—		%				—						—		%				—						—		%
Non-performing loans (“NPLs”)						8,720						8,185						6.5		%				7,910						10.2		%				8,932						(2.4)		%
NPLs held-for-sale						—						1,091						(100.0)		%				—						—		%				—						—		%
Total NPLs						8,720						9,276						(6.0)		%				7,910						10.2		%				8,932						(2.4)		%
Other real estate owned (“OREO”)						—						—						—		%				—						—		%				—						—		%
Non-performing assets (“NPAs”)						$	8,720					$	9,276					(6.0)		%				$	7,910					10.2		%				$	8,932					(2.4)		%
Loans past due and still accruing
Past due 30 to 59 days						$	339					$	1,352					(74.9)		%				$	943					(64.1)		%				$	2,327					(85.4)		%
Past due 60 to 89 days						55						19						189.5		%				12						358.3		%				226						(75.7)		%
Past due 90 days or more						—						—						—		%				—						—		%				—						—		%
Total loans past due and still accruing						$	394					$	1,371					(71.3)		%				955						(58.7)		%				$	2,553					(84.6)		%
Special mention loans						$	6,412					$	6,395					0.3		%				$	6,435					(0.4)		%				$	6,838					(6.2)		%
Classified assets
Classified loans held-for-investment						$	10,525					$	9,450					11.4		%				$	9,159					14.9		%				$	16,433					(36.0)		%
Classified loans held-for-sale						—						1,091						(100.0)		%				—						—		%				—						—		%
OREO						—						—						—		%				—						—		%				—						—		%
Classified assets						$	10,525					$	10,541					(0.2)		%				$	9,159					14.9		%				$	16,433					(36.0)		%
NPLs to loans held-for-investment						0.30		%				0.28		%										0.28		%										0.32		%
NPAs to total assets						0.25		%				0.27		%										0.24		%										0.27		%
Classified assets to total assets						0.30		%				0.31		%										0.28		%										0.50		%

Allowance for Credit Losses

The following table presents activity in ACL for the periods indicated:

						Three Months Ended																														Six Months Ended
($ in thousands)						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
ACL on loans
Balance at beginning of period						$	33,943					$	33,381					1.7		%				$	31,942					6.3		%				$	33,381					$	30,628					9.0		%
Charge-offs						(19)						(76)						(75.0)		%				(120)						(84.2)		%				(95)						(473)						(79.9)		%
Recoveries						16						20						(20.0)		%				11						45.5		%				36						87						(58.6)		%
Provision for credit losses on loans						798						618						29.1		%				1,721						(53.6)		%				1,416						3,312						(57.2)		%
Balance at end of period						$	34,738					$	33,943					2.3		%				$	33,554					3.5		%				$	34,738					$	33,554					3.5		%
ACL on off-balance sheet credit exposure
Balance at beginning of period						$	1,392					$	1,543					(9.8)		%				$	1,197					16.3		%				$	1,543					$	1,190					29.7		%
Provision (reversal) for credit losses on off-balance sheet credit exposure						128						(151)						NM						66						93.9		%				(23)						73						NM
Balance at end of period						$	1,520					$	1,392					9.2		%				$	1,263					20.3		%				$	1,520					$	1,263					20.3		%

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Investment Securities

Total investment securities were $184.3 million at June 30, 2026, an increase of $13.8 million, or 8.1%, from $170.5 million at March 31, 2026, an increase of $24.3 million, or 15.2%, from $160.0 million at December 31, 2025, and an increase of $29.7 million, or 19.2%, from $154.6 million at June 30, 2025. The increase for the current quarter was primarily due to purchases of $22.4 million, partially offset by principal pay-downs of $7.9 million, a fair value decrease of $533 thousand and net premium amortization of $48 thousand. The increase for the current year-to-date period was primarily due to purchases of $41.0 million, partially offset by principal pay-downs of $14.8 million, a fair value decrease of $1.8 million and net premium amortization of $72 thousand.

Deposits

The following table presents the Company’s deposit mix as of the dates indicated:

						6/30/2026												3/31/2026												12/31/2025												6/30/2025
($ in thousands)						Amount						% to Total						Amount						% to Total						Amount						% to Total						Amount						% to Total
Noninterest-bearing demand deposits						$	569,367					19.5		%				$	570,393					19.8		%				$	555,645					19.9		%				$	575,905					20.4		%
Interest-bearing deposits
Savings						4,901						0.2		%				5,005						0.2		%				6,077						0.2		%				5,695						0.2		%
NOW						15,234						0.5		%				13,927						0.5		%				13,928						0.5		%				12,765						0.5		%
Retail money market accounts						686,805						23.4		%				662,132						22.8		%				656,069						23.4		%				533,032						18.7		%
Brokered money market accounts						1						0.1		%				1						0.1		%				1						0.1		%				1						0.1		%
Retail time deposits of
$250,000 or less						578,814						19.8		%				575,079						19.9		%				574,519						20.6		%				555,357						19.7		%
More than $250,000						701,708						24.0		%				685,074						23.7		%				648,633						23.1		%				649,160						23.0		%
State and brokered time deposits						365,829						12.5		%				376,369						13.0		%				340,540						12.2		%				491,000						17.4		%
Total interest-bearing deposits						2,353,292						80.5		%				2,317,587						80.2		%				2,239,767						80.1		%				2,247,010						79.6		%
Total deposits						$	2,922,659					100.0		%				$	2,887,980					100.0		%				$	2,795,412					100.0		%				$	2,822,915					100.0		%
Estimated total deposits not covered by deposit insurance						$	1,363,432					46.7		%				$	1,363,735					47.2		%				$	1,270,159					45.4		%				$	1,164,592					41.3		%

Total retail deposits were $2.56 billion at June 30, 2026, an increase of $45.2 million, or 1.8%, from $2.51 billion at March 31, 2026, an increase of $102.0 million, or 4.2%, from $2.45 billion at December 31, 2025, and an increase of $224.9 million, or 9.6%, from $2.33 billion at June 30, 2025.

The increase in retail time deposits for the current quarter was primarily due to new accounts of $92.6 million, renewals of matured accounts of $305.2 million and balance increases of $11.0 million, partially offset by matured and closed accounts of $388.5 million. The increase for the current year-to-date period was primarily due to new accounts of $209.4 million, renewals of the matured accounts of $694.0 million and balance increases of $27.5 million, partially offset by matured and closed accounts of $873.5 million.

Liquidity

The following table presents a summary of the Company’s liquidity position as of the dates indicated:

($ in thousands)						6/30/2026						12/31/2025						% Change
Cash and cash equivalents						$	265,197					$	207,142					28.0		%
Cash and cash equivalents to total assets						7.6		%				6.3		%
Available borrowing capacity
FHLB advances						$	798,780					$	840,607					(5.0)		%
Federal Reserve Discount Window						971,399						841,563						15.4		%
Overnight federal funds lines						55,000						65,000						(15.4)		%
Total						$	1,825,179					$	1,747,170					4.5		%
Total available borrowing capacity to total assets						52.6		%				53.2		%

9

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Shareholders’ Equity

Shareholders’ equity was $400.5 million at June 30, 2026, an increase of $3.7 million, or 0.9%, from $396.7 million at March 31, 2026, an increase of $10.4 million, or 2.7%, from $390.0 million at December 31, 2025, and an increase of $24.0 million, or 6.4%, from $376.5 million at June 30, 2025. The increase for the current quarter was primarily due to net income and proceeds from stock option exercises of $201 thousand, partially offset by repurchases of common stock of $3.6 million, cash dividends declared on common stock of $3.1 million and preferred stock dividends of $87 thousand, and an increase in accumulated other comprehensive loss of $378 thousand. The increase for the current year-to-date period was primarily due to net income and proceeds from stock option exercises of $313 thousand, partially offset by cash dividends declared on common stock of $6.3 million, repurchases of common stock of $3.8 million and preferred stock dividends of $173 thousand, and an increase in accumulated other comprehensive loss of $1.3 million.

Stock Repurchases

During the current year-to-date period, the Company repurchased and retired 150,439 shares of common stock at a weighted-average price of $25.23, totaling $3.8 million. In 2025, the Company repurchased and retired 358,251 shares of common stock at a weighted-average price of $19.82, totaling $7.1 million. As of June 30, 2026, the Company is authorized to purchase 69,087 additional shares under its current stock repurchase program, which expires on July 31, 2026.

Series C Preferred Stock

The Company paid dividends of $87 thousand and $173 thousand for the current quarter and year-to-date period, respectively.

Capital Ratios

The following table presents capital ratios for the Company and the Bank as of the dates indicated:

						6/30/2026						3/31/2026						12/31/2025						6/30/2025						Well Capitalized Minimum Requirements
PCB Bancorp
Common tier 1 capital (to risk-weighted assets)						11.41		%				11.48		%				11.46		%				11.14		%				6.50		%
Total capital (to risk-weighted assets)						14.98		%				15.09		%				15.13		%				14.84		%				10.00		%
Tier 1 capital (to risk-weighted assets)						13.75		%				13.87		%				13.89		%				13.60		%				8.00		%
Tier 1 capital (to average assets)						11.89		%				12.05		%				11.89		%				11.81		%				5.00		%
PCB Bank
Common tier 1 capital (to risk-weighted assets)						13.35		%				13.46		%				13.49		%				13.23		%				6.50		%
Total capital (to risk-weighted assets)						14.58		%				14.68		%				14.72		%				14.47		%				10.00		%
Tier 1 capital (to risk-weighted assets)						13.35		%				13.46		%				13.49		%				13.23		%				8.00		%
Tier 1 capital (to average assets)						11.54		%				11.70		%				11.55		%				11.50		%				5.00		%

10

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About PCB Bancorp

PCB Bancorp is the bank holding company for PCB Bank, a California state chartered bank, offering a full suite of commercial banking services to small to medium-sized businesses, individuals and professionals, primarily in Southern California, and predominantly in Korean-American and other minority communities.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections and statements of our beliefs concerning future events, business plans, objectives, expected operating results and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and are typically identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan,” or words or phrases of similar meaning. We caution that forward-looking statements are based largely on our expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond our control, including but not limited to the health of the national and local economies including the impact on the Company and its customers resulting from any adverse developments in real estate markets, inflation levels and interest rates; the impacts of the conflicts in the Middle East on the national and global economies and markets; the impact of governmental monetary policy; any material weaknesses in the Company’s internal control over financial reporting that we have identified or may identify; the impacts of sanctions, tariffs and other trade policies of the United States and its global trading partners and tensions related to the same; the Company’s ability to maintain and grow its deposit base; loan demand and continued portfolio performance; the impact of adverse developments at other banks, including bank failures; changes to valuations of the Company’s assets and liabilities including the allowance for credit losses, earning assets, and intangible assets; the ability of the Company to manage liquidity; changes in the availability of liquidity sources including borrowing lines and the ability to pledge or sell certain assets; the Company's ability to attract and retain skilled employees; customers' service expectations; cyber-security risks; the Company's ability to successfully deploy new technology; acquisitions and branch and loan production office expansions; operational risks including the ability to detect and prevent errors and fraud; the effectiveness of the Company’s enterprise risk management framework; litigation costs and outcomes; changes in laws, rules, regulations, or interpretations to which the Company is subject; the effects of severe weather events, pandemics, wildfires and other disasters, other public health crises, acts of war or terrorism, and other external events on our business. These and other important factors are detailed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and other filings the Company makes with the SEC, which are available without charge at the SEC’s website (http://www.sec.gov) and on the investor relations section of the Company’s website at www.mypcbbank.com. Actual results, performance or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements. Any forward-looking statements presented herein are made only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.

Contact:

Timothy Chang

Senior Executive Vice President & Chief Financial Officer

213-210-2000

11

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PCB Bancorp and Subsidiary

Consolidated Balance Sheets (Unaudited)

($ in thousands, except share and per share data)

						6/30/2026						3/31/2026						% Change						12/31/2025						% Change						6/30/2025						% Change
Assets
Cash and due from banks						$	30,896					$	24,787					24.6		%				$	25,319					22.0		%				$	41,614					(25.8)		%
Interest-bearing deposits in other financial institutions						234,301						242,618						(3.4)		%				181,823						28.9		%				221,953						5.6		%
Total cash and cash equivalents						265,197						267,405						(0.8)		%				207,142						28.0		%				263,567						0.6		%
Securities available-for-sale, at fair value						184,318						170,477						8.1		%				160,009						15.2		%				154,620						19.2		%
Loans held-for-sale						2,937						3,604						(18.5)		%				12,077						(75.7)		%				8,133						(63.9)		%
Loans held-for-investment						2,932,019						2,873,551						2.0		%				2,820,400						4.0		%				2,795,309						4.9		%
Allowance for credit losses on loans						(34,738)						(33,943)						2.3		%				(33,381)						4.1		%				(33,554)						3.5		%
Net loans held-for-investment						2,897,281						2,839,608						2.0		%				2,787,019						4.0		%				2,761,755						4.9		%
Premises and equipment, net						7,296						7,695						(5.2)		%				8,194						(11.0)		%				8,942						(18.4)		%
Federal Home Loan Bank and other bank stock						15,170						14,978						1.3		%				14,978						1.3		%				14,978						1.3		%
Bank-owned life insurance						33,351						33,070						0.8		%				32,796						1.7		%				32,266						3.4		%
Deferred tax assets, net						9,977						9,697						2.9		%				9,210						8.3		%				7,032						41.9		%
Servicing assets						5,655						5,691						(0.6)		%				5,627						0.5		%				5,756						(1.8)		%
Operating lease assets						15,844						16,453						(3.7)		%				17,158						(7.7)		%				17,861						(11.3)		%
Accrued interest receivable						10,574						10,952						(3.5)		%				10,669						(0.9)		%				10,879						(2.8)		%
Other assets						22,524						16,563						36.0		%				16,892						33.3		%				19,800						13.8		%
Total assets						$	3,470,124					$	3,396,193					2.2		%				$	3,281,771					5.7		%				$	3,305,589					5.0		%
Liabilities
Deposits
Noninterest-bearing demand						$	569,367					$	570,393					(0.2)		%				$	555,645					2.5		%				$	575,905					(1.1)		%
Savings, NOW and money market accounts						706,941						681,065						3.8		%				676,075						4.6		%				551,493						28.2		%
Time deposits of $250,000 or less						824,643						831,448						(0.8)		%				855,059						(3.6)		%				986,357						(16.4)		%
Time deposits of more than $250,000						821,708						805,074						2.1		%				708,633						16.0		%				709,160						15.9		%
Total deposits						2,922,659						2,887,980						1.2		%				2,795,412						4.6		%				2,822,915						3.5		%
Other short-term borrowings						10,000						—						NA						—						NA						—						NA
Federal Home Loan Bank advances						80,000						50,000						60.0		%				34,000						135.3		%				45,000						77.8		%
Operating lease liabilities						17,701						18,301						(3.3)		%				18,996						(6.8)		%				19,652						(9.9)		%
Accrued interest payable and other liabilities						39,301						43,194						(9.0)		%				43,337						(9.3)		%				41,522						(5.3)		%
Total liabilities						3,069,661						2,999,475						2.3		%				2,891,745						6.2		%				2,929,089						4.8		%
Commitments and contingent liabilities
Shareholders’ equity
Preferred stock						69,141						69,141						—		%				69,141						—		%				69,141						—		%
Common stock						136,237						139,405						(2.3)		%				139,256						(2.2)		%				142,152						(4.2)		%
Retained earnings						201,214						193,923						3.8		%				186,485						7.9		%				171,735						17.2		%
Accumulated other comprehensive loss, net						(6,129)						(5,751)						6.6		%				(4,856)						26.2		%				(6,528)						(6.1)		%
Total shareholders’ equity						400,463						396,718						0.9		%				390,026						2.7		%				376,500						6.4		%
Total liabilities and shareholders’ equity						$	3,470,124					$	3,396,193					2.2		%				$	3,281,771					5.7		%				$	3,305,589					5.0		%
Outstanding common shares						14,102,189						14,231,423												14,230,428												14,336,602
Book value per common share (1)						$	28.40					$	27.88											$	27.41											$	26.26
TCE per common share (2)						$	23.49					$	23.02											$	22.55											$	21.44
Total loan to total deposit ratio						100.42		%				99.63		%										101.33		%										99.31		%
Noninterest-bearing deposits to total deposits						19.48		%				19.75		%										19.88		%										20.40		%

(1)The ratios are calculated by dividing total shareholders’ equity by the number of outstanding common shares. The Company had no intangible equity components for the presented periods.

(2)Non-GAAP. See “Non-GAAP Financial Measures” for a reconciliation of this measure to its most comparable GAAP measure.

12

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PCB Bancorp and Subsidiary

Consolidated Statements of Income (Unaudited)

($ in thousands, except share and per share data)

						Three Months Ended																														Six Months Ended
						6/30/2026						3/31/2026						% Change						6/30/2025						% Change						6/30/2026						6/30/2025						% Change
Interest and dividend income
Loans, including fees						$	45,886					$	44,484					3.2		%				$	45,478					0.9		%				$	90,370					$	88,504					2.1		%
Investment securities						1,795						1,574						14.0		%				1,462						22.8		%				3,369						2,870						17.4		%
Other interest-earning assets						2,359						2,773						(14.9)		%				2,368						(0.4)		%				5,132						4,826						6.3		%
Total interest income						50,040						48,831						2.5		%				49,308						1.5		%				98,871						96,200						2.8		%
Interest expense
Deposits						21,795						21,478						1.5		%				22,505						(3.2)		%				43,273						45,069						(4.0)		%
Other borrowings						751						543						38.3		%				813						(7.6)		%				1,294						858						50.8		%
Total interest expense						22,546						22,021						2.4		%				23,318						(3.3)		%				44,567						45,927						(3.0)		%
Net interest income						27,494						26,810						2.6		%				25,990						5.8		%				54,304						50,273						8.0		%
Provision for credit losses						926						467						98.3		%				1,787						(48.2)		%				1,393						3,385						(58.8)		%
Net interest income after provision for credit losses						26,568						26,343						0.9		%				24,203						9.8		%				52,911						46,888						12.8		%
Noninterest income
Gain on sale of loans						1,182						1,409						(16.1)		%				1,465						(19.3)		%				2,591						2,352						10.2		%
Service charges and fees on deposits						450						430						4.7		%				375						20.0		%				880						747						17.8		%
Loan servicing income						802						801						0.1		%				760						5.5		%				1,603						1,485						7.9		%
BOLI income						281						274						2.6		%				253						11.1		%				555						500						11.0		%
Other income						488						460						6.1		%				444						9.9		%				948						793						19.5		%
Total noninterest income						3,203						3,374						(5.1)		%				3,297						(2.9)		%				6,577						5,877						11.9		%
Noninterest expense
Salaries and employee benefits						9,551						9,720						(1.7)		%				8,844						8.0		%				19,271						17,919						7.5		%
Occupancy and equipment						2,369						2,277						4.0		%				2,379						(0.4)		%				4,646						4,668						(0.5)		%
Professional fees						645						534						20.8		%				805						(19.9)		%				1,179						1,433						(17.7)		%
Marketing and business promotion						446						456						(2.2)		%				597						(25.3)		%				902						840						7.4		%
Data processing						342						337						1.5		%				317						7.9		%				679						650						4.5		%
Director fees and expenses						223						223						—		%				225						(0.9)		%				446						451						(1.1)		%
Regulatory assessments						368						361						1.9		%				358						2.8		%				729						702						3.8		%
Other expense						1,169						906						29.0		%				1,304						(10.4)		%				2,075						2,640						(21.4)		%
Total noninterest expense						15,113						14,814						2.0		%				14,829						1.9		%				29,927						29,303						2.1		%
Income before income taxes						14,658						14,903						(1.6)		%				12,671						15.7		%				29,561						23,462						26.0		%
Income tax expense						4,151						4,250						(2.3)		%				3,600						15.3		%				8,401						6,656						26.2		%
Net income						10,507						10,653						(1.4)		%				9,071						15.8		%				21,160						16,806						25.9		%
Preferred stock dividends						87						86						1.2		%				87						—		%				173						127						36.2		%
Net income available to common shareholders						$	10,420					$	10,567					(1.4)		%				$	8,984					16.0		%				$	20,987					$	16,679					25.8		%
Earnings per common share
Basic						$	0.73					$	0.74											$	0.63											$	1.48					$	1.16
Diluted						$	0.73					$	0.74											$	0.62											$	1.47					$	1.15
Average common shares
Basic						14,107,290						14,142,092												14,213,032												14,124,595						14,242,486
Diluted						14,220,414						14,238,226												14,326,011												14,231,238						14,364,995
Dividend paid per common share						$	0.22					$	0.22											$	0.20											$	0.44					$	0.40
ROAA (1)						1.24		%				1.30		%										1.13		%										1.27		%				1.07		%
ROAE (1)						10.55		%				10.95		%										9.76		%										10.75		%				9.16		%
ROATCE (1), (2)						12.65		%				13.17		%										11.87		%										12.91		%				11.17		%
Efficiency ratio (3)						49.23		%				49.08		%										50.63		%										49.16		%				52.19		%

(1)Ratios are presented on an annualized basis.

(2)Non-GAAP. See “Non-GAAP Financial Measures” for a reconciliation of this measure to its most comparable GAAP measure.

(3)The ratios are calculated by dividing noninterest expense by the sum of net interest income and noninterest income.

13

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PCB Bancorp and Subsidiary

Average Balance, Average Yield, and Average Rate (Unaudited)

($ in thousands)

						Three Months Ended
						6/30/2026																		3/31/2026																		6/30/2025
						Average Balance						Interest Income/ Expense						Avg. Yield/Rate(6)						Average Balance						Interest Income/ Expense						Avg. Yield/Rate(6)						Average Balance						Interest Income/ Expense						Avg. Yield/Rate(6)
Assets
Interest-earning assets
Total loans (1)						$	2,885,996					$	45,886					6.38		%				$	2,840,688					$	44,484					6.35		%				$	2,782,200					$	45,478					6.56		%
Mortgage-backed securities						150,065						1,534						4.10		%				131,025						1,305						4.04		%				117,987						1,145						3.89		%
Collateralized mortgage obligation						17,713						163						3.69		%				18,443						169						3.72		%				20,616						203						3.95		%
SBA loan pool securities						3,695						29						3.15		%				4,060						31						3.10		%				5,368						46						3.44		%
Municipal bonds (2)						2,459						22						3.59		%				2,502						22						3.57		%				2,379						21						3.54		%
Corporate bonds						4,784						47						3.94		%				4,768						47						4.00		%				4,705						47						4.01		%
Other interest-earning assets						249,717						2,359						3.79		%				236,161						2,773						4.76		%				200,875						2,368						4.73		%
Total interest-earning assets						3,314,429						50,040						6.06		%				3,237,647						48,831						6.12		%				3,134,130						49,308						6.31		%
Noninterest-earning assets
Cash and due from banks						23,224																		23,505																		23,267
ACL on loans						(33,951)																		(33,344)																		(31,932)
Other assets						99,850																		98,520																		100,930
Total noninterest-earning assets						89,123																		88,681																		92,265
Total assets						$	3,403,552																	$	3,326,328																	$	3,226,395
Liabilities and Shareholders’ Equity
Interest-bearing liabilities
Deposits
NOW and money market accounts						$	683,731					5,872						3.44		%				$	678,108					5,743						3.43		%				$	532,842					4,772						3.59		%
Savings						4,995						3						0.24		%				5,360						3						0.23		%				5,334						4						0.30		%
Time deposits						1,637,437						15,920						3.90		%				1,595,636						15,732						4.00		%				1,649,034						17,729						4.31		%
Total interest-bearing deposits						2,326,163						21,795						3.76		%				2,279,104						21,478						3.82		%				2,187,210						22,505						4.13		%
Other borrowings						76,374						751						3.94		%				56,000						543						3.93		%				71,286						813						4.57		%
Total interest-bearing liabilities						2,402,537						22,546						3.76		%				2,335,104						22,021						3.82		%				2,258,496						23,318						4.14		%
Noninterest-bearing liabilities
Noninterest-bearing demand						544,048																		534,698																		533,530
Other liabilities						57,499																		61,952																		61,740
Total noninterest-bearing liabilities						601,547																		596,650																		595,270
Total liabilities						3,004,084																		2,931,754																		2,853,766
Total shareholders’ equity						399,468																		394,574																		372,629
Total liabilities and shareholders’ equity						$	3,403,552																	$	3,326,328																	$	3,226,395
Net interest income												$	27,494																	$	26,810																	$	25,990
Net interest spread (3)																		2.30		%																2.30		%																2.17		%
Net interest margin (4)																		3.33		%																3.36		%																3.33		%
Total deposits						$	2,870,211					$	21,795					3.05		%				$	2,813,802					$	21,478					3.10		%				$	2,720,740					$	22,505					3.32		%
Total funding (5)						$	2,946,585					$	22,546					3.07		%				$	2,869,802					$	22,021					3.11		%				$	2,792,026					$	23,318					3.35		%

(1)Total loans include both loans held-for-sale and loans held-for-investment.

(2)The yield on municipal bonds has not been computed on a tax-equivalent basis.

(3)Net interest spread is calculated by subtracting average rate on interest-bearing liabilities from average yield on interest-earning assets.

(4)Net interest margin is calculated by dividing annualized net interest income by average interest-earning assets.

(5)Total funding is the sum of interest-bearing liabilities and noninterest-bearing deposits. The cost of total funding is calculated as annualized total interest expense divided by average total funding.

(6)Annualized.

14

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PCB Bancorp and Subsidiary

Average Balance, Average Yield, and Average Rate (Unaudited)

($ in thousands)

						Six Months Ended
						6/30/2026																		6/30/2025
						Average Balance						Interest Income/ Expense						Avg. Yield/Rate(6)						Average Balance						Interest Income/ Expense						Avg. Yield/Rate(6)
Assets
Interest-earning assets
Total loans (1)						$	2,863,467					$	90,370					6.36		%				$	2,715,986					$	88,504					6.57		%
Mortgage-backed securities						140,598						2,839						4.07		%				115,420						2,220						3.88		%
Collateralized mortgage obligation						18,076						332						3.70		%				20,821						413						4.00		%
SBA loan pool securities						3,877						60						3.12		%				5,646						100						3.57		%
Municipal bonds (2)						2,480						44						3.58		%				2,402						43						3.61		%
Corporate bonds						4,776						94						3.97		%				4,521						94						4.19		%
Other interest-earning assets						242,977						5,132						4.26		%				205,101						4,826						4.74		%
Total interest-earning assets						3,276,251						98,871						6.09		%				3,069,897						96,200						6.32		%
Noninterest-earning assets
Cash and due from banks						23,364																		23,958
ACL on loans						(33,649)																		(31,308)
Other assets						99,200																		99,763
Total noninterest-earning assets						88,915																		92,413
Total assets						$	3,365,166																	$	3,162,310
Liabilities and Shareholders’ Equity
Interest-bearing liabilities
Deposits
NOW and money market accounts						$	680,935					11,615						3.44		%				$	508,520					9,069						3.60		%
Savings						5,177						6						0.23		%				5,472						7						0.26		%
Time deposits						1,616,652						31,652						3.95		%				1,649,844						35,993						4.40		%
Total interest-bearing deposits						2,302,764						43,273						3.79		%				2,163,836						45,069						4.20		%
Other borrowings						66,243						1,294						3.94		%				37,796						858						4.58		%
Total interest-bearing liabilities						2,369,007						44,567						3.79		%				2,201,632						45,927						4.21		%
Noninterest-bearing liabilities
Noninterest-bearing demand						539,399																		525,126
Other liabilities						59,725																		65,368
Total noninterest-bearing liabilities						599,124																		590,494
Total liabilities						2,968,131																		2,792,126
Total shareholders’ equity						397,035																		370,184
Total liabilities and shareholders’ equity						$	3,365,166																	$	3,162,310
Net interest income												$	54,304																	$	50,273
Net interest spread (3)																		2.30		%																2.11		%
Net interest margin (4)																		3.34		%																3.30		%
Total deposits						$	2,842,163					$	43,273					3.07		%				$	2,688,962					$	45,069					3.38		%
Total funding (5)						$	2,908,406					$	44,567					3.09		%				$	2,726,758					$	45,927					3.40		%

(1)Total loans include both loans held-for-sale and loans held-for-investment.

(2)The yield on municipal bonds has not been computed on a tax-equivalent basis.

(3)Net interest spread is calculated by subtracting average rate on interest-bearing liabilities from average yield on interest-earning assets.

(4)Net interest margin is calculated by dividing annualized net interest income by average interest-earning assets.

(5)Total funding is the sum of interest-bearing liabilities and noninterest-bearing deposits. The cost of total funding is calculated as annualized total interest expense divided by average total funding.

(6)Annualized.

15

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PCB Bancorp and Subsidiary

Non-GAAP Financial Measures

Return on average tangible common equity, tangible common equity per common share and tangible common equity to total assets ratios

The Company's TCE is calculated by subtracting preferred stock from shareholders’ equity. The Company had no intangible assets for the presented periods. ROATCE, TCE per common share, and TCE to total assets constitute supplemental financial information determined by methods other than in accordance with Generally Accepted Accounting Principles, or GAAP. These non-GAAP financial measures are used by management in its analysis of the Company's performance. These non-GAAP financial measures should not be viewed as substitutes for results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP financial measures that may be presented by other companies. The following tables provide reconciliations of the non-GAAP financial measures with financial measures defined by GAAP.

($ in thousands)									Three Months Ended																		Six Months Ended
									6/30/2026						3/31/2026						6/30/2025						6/30/2026						6/30/2025
Average total shareholders' equity			(a)						$	399,468					$	394,574					$	372,629					$	397,035					$	370,184
Less: average preferred stock			(b)						69,141						69,141						69,141						69,141						69,141
Average TCE			(c)=(a)-(b)						330,327						325,433						303,488						327,894						301,043
Net income			(d)						$	10,507					$	10,653					$	9,071					$	21,160					$	16,806
ROAE (1)			(d)/(a)						10.55		%				10.95		%				9.76		%				10.75		%				9.16		%
Net income available to common shareholders			(e)						10,420						10,567						8,984						20,987						16,679
ROATCE (1)			(e)/(c)						12.65		%				13.17		%				11.87		%				12.91		%				11.17		%

(1) Annualized.

($ in thousands, except per share data)									6/30/2026						3/31/2026						12/31/2025						6/30/2025
Total shareholders' equity			(a)						$	400,463					$	396,718					$	390,026					$	376,500
Less: preferred stock			(b)						69,141						69,141						69,141						69,141
TCE			(c)=(a)-(b)						331,322						327,577						320,885						307,359
Outstanding common shares			(d)						14,102,189						14,231,423						14,230,428						14,336,602
Book value per common share			(a)/(d)						$	28.40					$	27.88					$	27.41					$	26.26
TCE per common share			(c)/(d)						23.49						23.02						22.55						21.44
Total assets			(e)						$	3,470,124					$	3,396,193					$	3,281,771					$	3,305,589
Total shareholders' equity to total assets			(a)/(e)						11.54		%				11.68		%				11.88		%				11.39		%
TCE to total assets			(c)/(e)						9.55		%				9.65		%				9.78		%				9.30		%

16