Welcome to our dedicated page for Private Bancorp news (Ticker: PBAM), a resource for investors and traders seeking the latest updates and insights on Private Bancorp stock.
Private Bancorp of America, Inc. (OTCQX: PBAM) is the holding company for CalPrivate Bank, a commercial bank that reports detailed quarterly and annual financial results and strategic updates. News about PBAM frequently covers net income, earnings per share, net interest margin, core deposit growth, loan portfolio trends, and asset quality metrics such as criticized and classified loans and the allowance for loan losses.
Investors following PBAM news can review management commentary on topics such as core deposit franchise strength, funding costs, liquidity levels, and capital ratios relative to "well capitalized" standards. Regular releases describe movements in loans held‑for‑investment, investment securities available‑for‑sale, nonperforming assets, and reserves for unfunded commitments, providing insight into the bank’s balance sheet and credit risk profile.
Company news also highlights strategic and corporate developments, including expansion of CalPrivate Bank’s footprint into markets such as Montecito in Santa Barbara County, leadership transitions in roles like Chief Credit Officer, and appointments of new directors with backgrounds in financial regulation, risk management, and brand building. These updates offer context on governance, risk oversight, and market focus in coastal Southern California.
In addition, PBAM announcements feature information on client service and recognitions, such as rankings by Bank Director’s RankingBanking, American Banker, and Bauer Financial, as well as SBA lending distinctions. The company has also reported a board‑authorized stock repurchase program. For users tracking PBAM, this news feed aggregates earnings releases, capital actions, leadership changes, branch expansion announcements, and other disclosures that shape the bank’s operating and financial narrative over time.
Private Bancorp of America (OTCQX: PBAM) reported continued strong first quarter 2026 results with net income of $12.0 million and diluted EPS of $2.07. Return on average assets was 1.88% and return on average tangible common equity was 18.07%.
Core deposits grew to $2.33 billion (+13.5% YoY), total deposits were $2.37 billion, net interest margin was 5.21%, and loans HFI totaled $2.14 billion. The company repurchased 44,214 shares for $3.0 million in Q1 2026.
CalPrivate Bank (OTCQX:PBAM) appointed Michael Pierron as Executive Vice President and Chief Operating Officer effective April 6, 2026. Mr. Pierron brings over 25 years of banking operations, payments, technology, and enterprise transformation experience and seven years as an EVP, Head of Payments at a regional bank.
Management says his expertise in deposits, treasury management, fee income and operational efficiency will support the bank's scalable, client-centric growth strategy.
Private Bancorp of America (OTCQX: PBAM) reported continued strong results for Q4 2025 and full-year 2025. Q4 net income was $10.0M ($1.71 diluted EPS), with net interest margin of 4.84%. FY'25 net income was $40.7M (+13.5% YoY) and diluted EPS was $6.92 (+12.5% YoY). Core deposits rose 13.9% YoY to $2.16B and loans HFI were $2.13B. Total cost of deposits improved to 1.80% in Q4 and tangible book value per share increased to $45.75 as of December 31, 2025.
Asset quality showed higher provision expense in Q4 ($2.6M) and modest increases in criticized and nonperforming assets.
Private Bancorp of America (OTCQX:PBAM) and CalPrivate Bank announced the grand opening of a new full-service Montecito branch serving California's Central Coast at 1482 East Valley Road on November 5, 2025.
The office offers personal, business and nonprofit banking, small business lending, and a new Impact Checking account for nonprofits. Leadership named includes Executive VP and Market President George Leis and Relationship Managers Sarah McClelland and Dan Glaser. A ribbon-cutting by the Santa Barbara Chamber of Commerce is scheduled for Nov 5, 2025 at 5:30pm.
Private Bancorp of America (OTCQX: PBAM) reported Q3 2025 net income of $9.7M ($1.65 diluted EPS), up 2.6% year-over-year and down versus prior quarter. Key balance sheet moves: core deposits $2.19B (+17.0% YoY, +5.8% QoQ), total deposits $2.27B, and loans HFI $2.08B. Net interest margin was 4.65%; provision for credit losses rose to $1.8M. Investment securities AFS were $199.9M (+41.6% YoY). Tangible book value per share was $44.11 (+19.6% YoY). Nonperforming assets increased to 1.79% of assets.
The company highlighted branch expansion in Montecito and continued focus on relationship banking and disciplined lending.
Private Bancorp of America (OTCQX:PBAM) has announced a significant stock repurchase program approved by its Board of Directors. The company plans to repurchase shares through both privately-negotiated transactions and open market purchases, with a total allocation of up to $5 million.
The program will be executed through a broker-dealer agreement incorporating trading plans compliant with Rules 10b5-1 and 10b-18 of the Securities and Exchange Act of 1934. The repurchase program is set to run through December 31, 2025.
CalPrivate Bank (OTCQX:PBAM) has announced the appointment of Kathy Moe Lonowski to its subsidiary bank's board of directors. Lonowski brings extensive experience from her distinguished career in financial services, notably serving as Regional Director for the FDIC San Francisco Region, where she supervised over 350 financial institutions managing nearly $1 trillion in assets.
The appointment strengthens CalPrivate Bank's leadership with Lonowski's expertise in regulatory compliance, operational risk, digital banking, payment services, commercial real estate, information technology, and anti-money laundering. The strategic addition aligns with the bank's commitment to expansion in digital systems, new technologies, and market growth.
CalPrivate Bank (OTCQX:PBAM) has announced the appointment of Angel Martinez to its Board of Directors. Martinez brings over 45 years of footwear industry experience, notably serving as the former Chairman, CEO, and President of Deckers Brands, parent company of UGG, Hoka, Teva, and Ahnu brands.
Martinez's extensive experience includes his role as Executive Vice President and Chief Marketing Officer at Reebok. He currently serves on the Board of Korn Ferry, a global executive search firm. The appointment aligns with CalPrivate Bank's strategic growth plans, particularly in the Santa Barbara community where Martinez resides.
Private Bancorp of America (OTCQX:PBAM) reported strong Q2 2025 financial results with net income of $10.4 million, or $1.77 per diluted share, representing a 33.5% increase year-over-year. The bank achieved a return on average assets of 1.69% and a return on average tangible common equity of 17.44%.
Key highlights include core deposits growth of 18.8% year-over-year to $2.07 billion, an impressive net interest margin of 4.94%, and a 21.8% year-over-year increase in tangible book value per share to $42.20. The bank maintained strong asset quality with an allowance for loan losses at 1.35% of loans held-for-investment.
The bank continues to expand its footprint with a new Santa Barbara County office opening planned for Q3 2025 and has added 8 new relationship-focused team members. PBAM has received multiple industry recognitions, including ranking among the Top 20 Community Banks in the US for 2025 by American Banker.
CalPrivate Bank (OTCQX:PBAM) has appointed Andrew K Meitzen as their new Executive Vice President and Chief Credit Officer. Meitzen brings significant experience in the banking industry, having worked at both community banks and the Office of the Comptroller of the Currency (OCC), with expertise in lending, credit, and enterprise risk management.
Rick Sowers, President and CEO, highlighted Meitzen's expertise in disciplined credit and deal structuring, as well as his technical acumen in navigating today's economic credit landscape. Meitzen expressed enthusiasm about joining CalPrivate Bank, emphasizing alignment with the bank's core values of Relationships, Solutions, and Trust.