Recent Updates — PBAM
August 11, 2026View Source ↗
Private Bancorp of America, Inc. filed an 8-K to furnish its Q2 2026 Investor Presentation under Regulation FD. The company reported $13.1 million in net income and $2.27 earnings per share for the quarter ended June 30, 2026. Total assets reached $2.71 billion with loans held for investment at $2.13 billion and deposits at $2.38 billion. Tangible book value per share increased to $49.57. The Board authorized a new stock repurchase program allowing up to $10 million in shares, though no purchases have occurred yet. The company operates as a holding company for CalPrivate Bank, providing private and business banking services to high net worth individuals and small to medium-sized businesses in coastal Southern California.