Pacific City Financial Corporation (PCB) Declares $0.10 Quarterly Dividend; 3.3% Yield
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PCB Bancorp Reports Earnings of $5.8 million for Q4 2020 and Declares $0.10 Quarterly Cash Dividend
January 28, 2021 4:35 PM ESTLOS ANGELES--(BUSINESS WIRE)-- PCB Bancorp (the Company) (NASDAQ: PCB), the holding company of Pacific City Bank (the Bank), today reported net income of $5.8 million, or $0.38 per diluted common share for the fourth quarter of 2020, compared with $3.4 million, or $0.22 per diluted common share, for the previous quarter and $4.2 million, or $0.26 per diluted common share, for the year-ago quarter.
Q4 2020 Highlights
Net income totaled $5.8 million or $0.38 per diluted common share; The Company recorded a provision for loan losses of $2.1 million primarily due to increases... More