PCB Bancorp.
PCB.US | Other monetary intermediation
PCB Bancorp is the holding company for Pacific City Bank, a California-based commercial bank. The bank primarily serves the Korean-American community, offering a range of banking products and services including commercial loans, real estate loans, SBA loans, and deposit accounts. It focuses on small...Show More
Better Health for All
0
The provided articles for PCB.US, a commercial bank, focus on financial literacy programs, tax assistance, scholarships, and general community involvement.
1
There is no specific, concrete evidence in any of the articles that pertains to the company's direct or indirect impact on health outcomes, health-related products or services, or any initiatives relevant to the 'Better Health for All' ethical value.
2
Therefore, all KPIs under this category must be omitted due to a complete lack of relevant data.
Fair Money & Economic Opportunity
-10
The company's fair lending compliance is strong, with examiners identifying no discriminatory or illegal credit practices during the evaluation period from December 2021 to November 2024.
1
In 2023, 73.9% of small business loans by number in the MSA AA went to businesses with revenues of $1 million or less, and 88.6% of small farm loans by number in the MSA AA went to farms with revenues of $1 million or less.
2
The company offers special loan programs for residential, commercial, and agricultural lending targeting low-to-moderate income borrowers, small businesses, and small farms, and participates in government-insured, guaranteed, or subsidized loan programs.
3
The company offers online banking, mobile banking, online loan and bill pay, e-statements, mobile check deposit, person-to-person payments, and account-to-account transfers, and complies with CCPA, providing rights to request disclosure, deletion, and correction of personal information.
4
The company has donated $300,000 in scholarship funds since 2018 and its officers have volunteered over 2,000 hours for income tax assistance.
5
The company's assessment area includes 6 branches, with 3 in MSA and 3 in non-MSA counties.
6
It offers a financial literacy game for junior and senior high school students and organizes small business and consumer seminars.
7
The company offers debt consolidation loans.
8
The company offers simple starter checking accounts and Simply Good Checking with no monthly maintenance fees.
9
The company charges an overdraft or NSF return fee of $34.00 each time and a non-network ATM fee of $2.00.
10
The company offers a VISA credit card for businesses with no annual fee and a VISA Cash Back Rewards Credit Card with 1% cash back on purchases over $3,000 annually.
11
Fair Pay & Worker Respect
0
PCB's employee recommendation rate is 63%.
1
The company has no public record of labor law or human rights violations.
2
A Nasdaq notice regarding a late Form 10-Q filing was received, but this is not a labor law violation.
3
Fair Trade & Ethical Sourcing
0
No evidence available to assess PCB Bancorp on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-40
The bank has a policy allowing employees, officers, and directors to report violations of laws, regulations, rules, or the Code of Conduct, and prohibits retaliation for good-faith reports.
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Employees can report anonymously via a Compliance Hotline.
2
The CEO may authorize the Compliance Officer or General Counsel to initiate an investigation and report the results to the Bank's CEO for appropriate disciplinary action.
3
The bank's anti-corruption policy expects employees to report legal or Bank Policy violations, with failure to report potentially leading to disciplinary action, including termination.
4
Kind to Animals
0
No evidence available to assess PCB Bancorp on Kind to Animals.
No War, No Weapons
0
No specific, concrete data points or policies related to PCB.US's involvement in arms manufacturing, military contracts, conflict facilitation, peacebuilding initiatives, or any other aspect of the 'No War, No Weapons' value were found in the provided articles. The articles explicitly state that they do not contain information relevant to these metrics.
1
Planet-Friendly Business
0
No specific, concrete data points were found in the provided articles to assess PCB Bancorp against any of the Planet-Friendly Business KPIs. explicitly states "No data available" for all relevant metrics, and the other articles contain no ESG data at all.
1
Therefore, all KPIs must be omitted.
Respect for Cultures & Communities
0
No reported cultural appropriation incidents were found in the provided articles.
1
For all other KPIs, no specific, quantitative evidence was available to assess PCB.US's performance regarding Respect for Cultures & Communities. While articles mention general community donations, volunteer hours, and scholarships, they lack data on formal partnerships with indigenous or local community groups, cultural impact assessments, local employment ratios, grievance mechanisms, cultural preservation investments, or language inclusivity.
2
Additionally, company revenue was not provided, preventing the calculation of percentage-based KPIs related to reinvestment or charitable giving.
Safe & Smart Tech
-60
PCB Bancorp experienced a ransomware attack in August 2021, with unauthorized access to customer data, including names, addresses, Social Security Numbers, and wage/tax information, confirmed by September 7, 2021.
1
The number of affected customers is unknown.
2
The bank reported the incident to law enforcement and stated it was reviewing policies and procedures to prevent future incidents.
3
This incident led to a class-action lawsuit, which is currently in settlement negotiations.
4
The company received a notice from Nasdaq on May 22, 2025, for a late Form 10-Q filing for Q1 2025.
5
Zero Waste & Sustainable Products
0
No evidence available to assess PCB Bancorp on Zero Waste & Sustainable Products.