PCB Bancorp (PCB) 2022年年度报告「NASDAQ」.pdf

1、3701 Wilshire Blvd.,Suite 900,Los Angeles,CA 90010Tel:(213)210-2000 /2022 ANNUAL REPORT 2022 ANNUAL REPORT /01New Name 2022 ANNUAL REPORT /01PEOPLEWe invest in each customers unlimited possibilties and visionCOMMUNITYWe are rooted in our community.We embrace our responsibilities as a member of the c

2、ommunity.BUSINESS we design our products and services to help our customers achieve their business goals in the ever-changing financial environments.Dear Shareholders:Year 2022 has been a busy and challenging time for all of us.In spite of the lingering aftermath of the global pandemic and recent tu

3、rmoil in the regional banking sector,we are pleased to share some of our notable accomplishments we achieved during the year.Recognition as the Best Performing Bank In 2022,PCB was recognized as the#1 performing bank among the 300 largest publicly-traded banks in the U.S.by BankDirector based on our

4、 overall fiscal year 2021 performance.Rebranding We unveiled our new name“PCB BANK”along with a new logo.Our former name“Pacific City Bank”served its purpose over the past 19 years,but given our strategic plans to expand in multiple states and go beyond our current marketplaces,we believed it was th

5、e optimal time to demonstrate our commitment to“People,Community,and Business banking”and expand beyond our West Coast footprint.Strong Financial Performance-We earned a$35.0 million,or$2.31 per diluted share,for 2022,and our return on assets was 1.54%.Our total assets increased by$270.3 million,or

6、12.6%,to$2,420.0 million and our deposits increased byPCB Bancorp(“PCB”)is the parent company of PCB Bank,(the“Bank”)a community bank founded in 2003 with a mission to help first generation Asian-American immigrants realize the American dream through business ownership.The Bank is a full-service ban