PCB Bancorp (PCB) 2023年年度报告「NASDAQ」.pdf

1、3701 Wilshire Blvd.,Suite 900,Los Angeles,CA 90010Tel:(213)210-2000 /ANNUALREPORT2023A N N I V E R S A R YSINCE 2003A N N I V E R S A R YSINCE 2003 2023 ANNUAL REPORT /01Company Profile PCB Bank Headquarters PCB Bancorp(“PCB”)is the parent company of PCB Bank (the“Bank”),a community bank founded in

2、2003 with a mission to help first generation Asian-American immigrants realize the American dream through business ownership.The Bank is a full-service bank that offers a broad range of loans along with deposit products focused on individuals,professionals,and small-to-medium sized businesses.The Ba

3、nk serves a diverse customer base through its 16 branch locations,11 full-service branches in Los Angeles and Orange counties,California,three full-service branches on the East Coast(Bayside,New York,and Englewood Cliffs and Palisade Park,New Jersey),two full-service branches in Texas(Carrollton and

4、 Dallas),as well as seven loan production offices(“LPOs”)in six states serving a diverse ethnic background.The Bank is one of the leading banks in the Korean-American community.As we celebrate 20 years of impact,We can look to our future together.20 YEARSAnniversary2023 ANNUAL REPORT /022023 ANNUAL

5、REPORT /03Dear Shareholders:2023 was marked with significant challenges to the banking industry that included the unforeseen failures of three high-profile regional banks,the run-up of interest rates by the Fed to address the high inflation rate,and the geopolitical turmoil in Ukraine and the Middle

6、 East.Notwithstanding these challenges,we are proud of our banks resiliency and our resolve to keep delivering beyond our customers expectations and supporting the needs of the communities we serve as their trusted business partner.By working together as a single unit,the PCB team accomplished numer