Pacific City Bank

What Pacific City Bank does

Pacific City Bank operates as PCB Bank, an FDIC-insured California-focused community bank headquartered in Los Angeles and founded in 2003 by Haeyoung Cho. The bank offers a full suite of personal and business banking products including checking and savings accounts, debit and credit cards (credit cards delivered via a third-party Elan Financial Services partnership), home loans, commercial loans, SBA loans, trade finance, and mortgage warehouse facilities. Digital banking is delivered through native iOS/Android mobile applications, an online banking platform, Zelle peer-to-peer payments, and remote deposit capture powered by FIS; physical service is provided through a California branch and ATM network supplemented by loan centers and LPOs.

The bank generates revenue primarily through net interest income on its loan portfolio funded by deposits, with non-interest fee income from cash management, card services, and other banking fees as a secondary stream. Q2 2026 net interest income was $27.5M (up 5.8% YoY) and total quarterly revenue was $30.7M, against total assets of $3.47B (up 5.0% YoY). Diluted EPS of $0.73 beat consensus of $0.7053. The bank is publicly traded on NASDAQ as PCB Bancorp (ticker PCB), recently raised its quarterly dividend to $0.22 per share, and historically completed a $6M funding round in 2014 and acquired North Asia Investment in 2010. The bank positions itself around relationship banking and community engagement, including financial-literacy programs and a published case study on its role in GEN Korean BBQ's IPO journey.

Name

Pacific City Bank

Legal name

PCB Bancorp

Website

https://paccity.net

Company type

Public

Founded year

2026

Operating status

Operating

Headcount range

251–500 employees

Short description

Pacific City Bank (PCB Bank) is a California-focused FDIC-insured community bank offering personal and business checking, savings, lending, trade finance, and digital banking services to consumers and SMBs, operating as publicly traded PCB Bancorp on NASDAQ.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC), General Purpose Credit Cards (FSAKABAA)

Keywords

• Community banking
• Commercial lending
• SBA loans
• Trade finance
• Cash management

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income earned on loan portfolio including commercial loans, home loans, SBA loans, and consumer credit, offset by interest paid on deposits. Net interest income of $27.5 million in Q2 2026, up 5.8% year-over-year.
2. Non-Interest Income: Fee income from deposit accounts, credit cards, cash management services, and other banking service charges. Part of total revenue which was $30.7 million in Q2 2026.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

PCB Bank is a California-based community bank offering personal and business banking services. Core offerings include checking and savings accounts, debit and credit cards, home loans, commercial loans, SBA loans, trade finance, mortgage warehouse lending, and digital banking channels (online banking, mobile apps, Zelle, and remote deposit capture). The bank serves individual consumers and small-to-mid-sized businesses primarily in the California market.

Product overview

PCB Bank operates as a community-focused financial institution offering a unified banking platform for both personal and business customers. The product portfolio spans core deposit products (checking, savings, debit cards), lending solutions (home loans, commercial loans, SBA loans, trade finance, mortgage warehouse facilities), and digital banking channels (online banking, mobile banking). Key modules include Cash Management services for business clients and credit card products delivered through a third-party partnership with Elan Financial Services. The bank differentiates through FDIC insurance backing, security and fraud protection features, and Zelle integration for peer-to-peer payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Individual checking accounts with options including simple starter checking and interest-bearing checking accounts, with online bill pay functionality for personal banking customers.
• Personal Savings Savings accounts for personal banking customers to deposit and grow funds with interest accumulation.
• Business Checking Commercial checking accounts designed for businesses with features to manage day-to-day operations and cash flow.
• Business Savings Savings accounts for business customers to deposit excess funds and earn interest.
• Cash Management Services Fast, convenient, and secure cash management services to run business operations, including liquidity management, automated solutions, remote deposit, and wire transfers for business clients.
• Commercial Loans Loan products designed for business financing needs including working capital, expansion, and operational expenses.
• SBA Loans Small Business Administration loan programs providing government-backed financing options for qualified businesses.
• Trade Finance International trade financing solutions including letters of credit and documentary collections for businesses engaged in import/export.
• Mortgage Warehouse Lending Warehouse lending facilities for mortgage lenders to fund residential mortgage originations prior to sale to investors.
• Home Loans Residential mortgage products for purchasing or refinancing homes, offered through loan centers and LPO locations.
• Personal Credit Card Credit cards for personal banking customers issued through a third-party partnership with Elan Financial Services.
• Business Credit Card Credit cards designed for business use with expense management and rewards features.
• Online Banking Internet-based banking platform enabling account management, transfers, bill pay, and transaction history viewing for both personal and business customers.
• Mobile Banking Mobile application for iOS and Android devices enabling banking on-the-go with account management, transactions, bill pay, and remote deposit capture.

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• First Foundation: First Foundation (NASDAQ: FFWM) is a California-based community bank offering personal, business, and commercial real estate lending, with comparable mid-sized community-bank positioning relative to Pacific City Bank.
• Royal Business Bank: Royal Business Bank is a California-chartered community bank with strong Asian-American and small business focus, offering commercial, SBA, and trade finance products directly comparable to Pacific City Bank.
• Pacific Premier Bancorp: Pacific Premier Bancorp (NASDAQ: PPBI) is a California-headquartered community bank offering commercial, SBA, and business banking services to small and mid-sized businesses across the West Coast, comparable in scale and product mix.
• CVB Financial: CVB Financial (NASDAQ: CVBF), parent of Citizens Business Bank, is a California-focused community bank providing commercial, SBA, and treasury management services to small and mid-sized businesses, closely aligned with Pacific City Bank's model.
• Bank of Hope: Bank of Hope (NASDAQ: HOPE) is a Korean-American focused community bank with strong California presence, similar SBA, commercial real estate, and trade finance orientation as Pacific City Bank.
• Hanmi Financial: Hanmi Financial (NASDAQ: HAFC) is a California-based community bank focused on Korean-American and other ethnic communities, offering commercial, SBA, and trade finance products closely aligned with Pacific City Bank's core lines.

Regional players

• Banner Bank: Banner Bank is a Pacific Northwest-focused community bank offering commercial, SBA, and business banking products; while geographically distinct from California, it operates a similar community-bank model with comparable SMB-focused offerings.

Broad incumbents

• Cathay Bank: Cathay Bank is a California-chartered commercial bank with strong Asian-American community ties, offering personal and business banking, trade finance, and SBA lending directly comparable to Pacific City Bank's product mix.
• East West Bancorp: East West Bancorp (NASDAQ: EWBC) is a much larger California-headquartered bank serving Asian-American communities, offering commercial, SBA, and trade finance products that overlap with Pacific City Bank's specialization but at significantly greater scale.
• Bank of the West: Bank of the West (owned by BNP Paribas) is a much larger California-anchored commercial bank offering small business, SBA, trade finance, and treasury management services that overlap with Pacific City Bank's commercial product suite.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/pacificcitybank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific City Bank