AI brief of an SEC Form 8-K · Private Bancorp of America, Inc. (PBAM)

Private Bancorp of America Q3 net income $11.4 million, down from $13.1 million in Q2

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyPrivate Bancorp of America, Inc. (PBAM)
Form8-K, current report
Filed with the SECOct 16, 2026, 8:05 AM ET
Accession number0001705284-26-000010

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 16, 2026.

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.