Private Bancorp of America, Inc. (PBAM) Q3 FY2026 earnings

Reported results

• Net interest income was $34.1 million for Q3 2026, up 1.7% from the prior quarter and up 16.3% from Q3 2025.
• Net interest margin was 5.05% for Q3 2026, compared to 5.18% in the prior quarter and 4.65% in Q3 2025.
• Loans held-for-investment totaled $2.19 billion as of September 30, 2026, an increase of $54.0 million from June 30, 2026 and $105.1 million from September 30, 2025.
• Core deposits were $2.36 billion as of September 30, 2026, an increase of $31.8 million from June 30, 2026 and $171.5 million from September 30, 2025.
• Provision for credit losses was $1.3 million for Q3 2026, compared to a provision reversal of $0.2 million in the prior quarter and provision expense of $1.8 million in Q3 2025.
• Return on average tangible common equity (non-GAAP) was 15.62% for Q3 2026; tangible book value per share (non-GAAP) was $50.56 as of September 30, 2026.

Notes

On July 1, 2026, the Company implemented a new current expected credit loss (CECL) model for loans held-for-investment and unfunded commitments, which included a change in CECL software vendor. The third-quarter provision included approximately $0.8 million associated with the model transition. Approximately $0.9 million of NASDAQ Uplisting expenses were included in Q3 2026 results.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-16 (8-K, Item 2.02). Read the original filing on sec.gov.