About Premier Business Bank and Premier Bank of Palos Verdes

Press Releases

ANOTHER RECORD HIGH QUARTER REPORTED FROM PBB BANCORP

on .

LOS ANGELES, CA – August 1, 2017 - PBB Bancorp (“PBCA”) (OTCQX: PBCA), the parent company of Premier Business Bank (“Premier”), announced another record high for the second quarter of 2017. Premier reported a 22% increase in assets over the previous years’ same quarter. The Consolidated Balance Sheet as of June 30, 2017 reflected exceptional results: total assets of $559.7 million; net loans of $446.9 million; total deposits of $440.3 million; and total equity of $48.5 million.

PBB BANCORP REPORTS RECORD HIGH TOTAL ASSET INCREASE FOR FIRST QUARTER 2017

on .

LOS ANGELES, CA – April 28, 2017 - PBB Bancorp (“PBCA”) (OTCQX: PBCA), the parent company of Premier Business Bank (“Premier”), announced a 21% increase in assets over the previous years’ same quarter. Reported total assets is another record high in the Bank’s history. The Consolidated Balance Sheet as of March 31, 2017 reflected exceptional results: total assets of $529.4 million; net loans of $428.2 million; total deposits of $417.8 million; and total equity of $47.1 million.

Premier Business Bank Named as a Top Performing Community Bank by S&P Global Market Intelligence

on .

LOS ANGELES, CA – April 27, 2017 - PBB Bancorp (“PBCA”) (OTCQX: PBCA), the parent company of Premier Business Bank (“Premier”), announced it was named one of the top performing community banks by S&P Global Market Intelligence. S&P Global Market Intelligence, a leader in multi-asset class research data and insight, released its annual rankings of 2016’s 100 best-performing banks in three categories; community banks with assets between $1 billion and $10 billion, community banks with assets less than $1 billion, and top-performing credit unions.

PBB BANCORP REPORTS RECORD YEAR WITH TOTAL ASSETS OF OVER $500 MILLION

on .

LOS ANGELES, CA – January 30, 2017 - PBB Bancorp, the parent company of Premier Business Bank (“Premier”), announced a record year in the bank’s 10 year history. The Consolidated Balance Sheet as of December 31, 2016 reflected exceptional results: total assets of $516.9 million; net loans of $412.7 million; total deposits of $415.5 million; and total equity of $45.7 million.

PBB BANCORP REPORTS CONTINUAL STRONG EARNINGS THROUGH 3rd QUARTER 2016

on .

LOS ANGELES, CA – October 31, 2016 PBB Bancorp (“PBCA”) (OTCQX: PBCA), the parent company of Premier Business Bank (“Premier”), announces continued strong earnings and growth for the third quarter of 2016. The Consolidated Balance Sheet as of September 30, 2016 reflected all-time high results: total assets of $484.5 million; net loans of $383.0 million; total deposits of $369.8 million; and total equity of $44.6 million.

PBB BANCORP REPORTS RECORD TOTAL ASSETS OF $460.4 MILLION AS OF JUNE 30, 2016

on .

LOS ANGELES, CA – July 29, 2016 - PBB Bancorp (OTCQX: PBCA) announced the results of operations for the second quarter 2016. The Consolidated Balance Sheet as of the quarter end at June 30, 2016 reflected Record Total Assets of $460.4 million; Record Net Loans of $369.1 million; Record Total Deposits of $343.1 million; and Record Total Equity of $43.4 million. The milestones were a direct benefit derived from the merger with First Mountain Bank in January 2016, along with the continued growth within our other target markets.

PBB BANCORP REPORTS RECORD EARNINGS AND GROWTH FOR 1st QUARTER 2016

on .

LOS ANGELES, CA – May 2, 2016 - PBB Bancorp (“PBCA”) (OTCQX: PBCA) today announced the results of operations for the first quarter 2016 which included the merger with First Mountain Bank ($148 million in Total Assets) that was successfully closed on January 29, 2016. The combined Balance Sheet as of the quarter end at March 31, 2016 reflected Total Assets increasing to $438.5 million; Net Loans increasing to $359.6 million; Total Deposits of $331.7 million; and Total Equity of $42.3 million.

PBB BANCORP REPORT FOR FULL YEAR OF 2015

on .

LOS ANGELES, CA – February 11, 2016 - PBB Bancorp (“PBCA”) (OTCQX: PBCA), the parent company of Premier Business Bank (“Premier”), reported significant growth in net income and total assets for the year ended December 31, 2015.

Net income for the year ended 2015 was $1.9mm or $0.55 per share, which included $257,000 of after-tax pre-merger expenses, reflected an increase of 155% over the prior year. Net interest income increased $3.0mm, an increase of 47% as compared to the prior year, primarily due to the growth in the loan portfolio of $51.9mm. Non-interest income increased approximately $400,000, or 77%, as compared to the prior year as a result of greater SBA loan activity in 2015.

PBB BANCORP AND FIRST MOUNTAIN BANK MERGER COMPLETE

on .

Los Angeles, California and Big Bear Lake, California, January 29, 2016 – PBB Bancorp (“PBCA”) (OTCQX: PBCA), the parent company of Premier Business Bank, announced today the successful merger with First Mountain Bank. PBB Bancorp first entered into a definitive merger agreement with First Mountain Bank on June 22, 2015. This merger combines Premier Business Bank’s leading operation in Los Angeles County with First Mountain Bank’s strong presence in San Bernardino County. “With the merger, the combined assets are in excess of $425 million,” said John R. Polen, president and CEO of Premier Business Bank.