Every material Form 8-K Private Bancorp of America, Inc. has filed with the SEC since August 17, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Private Bancorp of America, Inc. (NASDAQ: PBAM) reported unaudited third-quarter 2026 net income of $11.4 million, or $1.97 per diluted share, down from $13.1 million, or $2.27 per share, in the prior quarter but up from $9.7 million, or $1.65 per share, a year earlier. Criticized loans rose to $71.9 million and the net interest margin fell to 5.05%, while the company also furnished an investor presentation.
Net income was $11.4 million for Q3 2026, versus $13.1 million in the prior quarter and $9.7 million in Q3 2025.
Diluted EPS was $1.97, versus $2.27 in the prior quarter and $1.65 in Q3 2025.
Criticized loans were $71.9 million, or 3.29% of total loans, up from $58.0 million, or 2.72%, at June 30, 2026.
Net interest margin was 5.05%, down from 5.18% in the prior quarter; noninterest expense was $18.4 million, including about $0.9 million of NASDAQ uplisting costs.
Private Bancorp of America, Inc. disclosed that CFO Cory Stewart entered into a three-year employment agreement with its subsidiary, CalPrivate Bank, effective September 5, 2026. The filing sets his minimum base salary, bonus target and severance terms, and it does not report a change in his role or in the company's financial results.
Minimum annual base salary of $425,000, subject to annual review by the Board
Target annual incentive bonus of 40% of base salary, beginning with the 2026 performance period
If terminated without cause or for good reason, severance of 18 months of base salary plus a prorated bonus; 24 months of base salary plus the full target bonus if terminated within one year after a change of control
Eight-month employee non-solicitation period after employment ends
Private Bancorp of America, Inc., the holding company for CalPrivate Bank, announced on August 17, 2026 that Andra Frazier has been appointed Executive Vice President and Chief Credit Officer of the Bank. The filing says Ms. Frazier brings decades of banking experience at regional and community banks, and the company describes the role as supporting strategic growth and credit risk management. The filing does not discuss compensation or the financial effect of the hire.
Andra Frazier appointed Executive Vice President and Chief Credit Officer of CalPrivate Bank, announced August 17, 2026
Company reported $2.71 billion in assets, $2.13 billion in loans and $2.38 billion in deposits as of June 30, 2026
For the quarter ended June 30, 2026, net income was $13.1 million and diluted earnings per share were $2.27
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Private Bancorp of America, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →