PB Bankshares, Inc. SEC 10-Q Report

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2025.08.14 17:53
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PB Bankshares, Inc. has released its SEC Form 10-Q report for Q2 2025, showing significant financial improvements. Key highlights include total interest and dividend income of $6.26 million, net interest income of $3.27 million, and net income of $0.64 million, all reflecting growth from the previous year. Earnings per share also increased, with basic EPS at $0.28. The bank operates mainly in Pennsylvania and is focused on maintaining credit quality amid competitive market conditions. The total loans receivable rose to $353.32 million as of June 30, 2025.

PB Bankshares, Inc., a regional bank operating primarily in Pennsylvania, has released its Form 10-Q report for the second quarter of 2025. The report highlights significant improvements in the company's financial performance and provides insights into its operational activities and future outlook.

Financial Highlights

PB Bankshares, Inc. reported robust financial results for the three months ended June 30, 2025, showcasing notable growth across key metrics:

  • Total Interest and Dividend Income: $6.26 million, up from $5.93 million in the same period in 2024, driven by higher loan and securities income.
  • Net Interest Income: $3.27 million, an increase from $2.79 million in the same period in 2024, indicating improved interest income relative to interest expenses.
  • Net Income: $0.64 million, compared to $0.37 million in the same period in 2024, highlighting a significant increase in profitability.
  • Earnings per Common Share - Basic: $0.28, up from $0.16 in the same period in 2024, reflecting improved earnings performance.
  • Earnings per Common Share - Diluted: $0.27, compared to $0.16 in the same period in 2024, indicating enhanced earnings per share after accounting for potential dilution.

Business Highlights

In addition to its strong financial performance, PB Bankshares, Inc. provided updates on its operational activities and strategic focus:

  • Geographical Performance: The Bank operates primarily in Chester, Cumberland, Dauphin, Lancaster, and Lebanon Counties in Pennsylvania. Its main office is located in Coatesville, Pennsylvania, with additional branches in New Holland, Oxford, and Georgetown, Pennsylvania.
  • Sales Units: The Bank's loan portfolio includes various classes such as one-to-four-family residential, commercial, construction, commercial and industrial, and consumer loans. The total loans receivable, net of allowance for credit losses, increased to $353,324,000 as of June 30, 2025, from $344,813,000 as of December 31, 2024.
  • Future Outlook: Management anticipates continued competition in its primary market areas and is focused on maintaining strong credit quality and capital adequacy. The Bank is also monitoring economic conditions that could impact its loan portfolio and overall financial performance.

SEC Filing: PB Bankshares, Inc. [ PBBK ] - 10-Q - Aug. 14, 2025

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