--- title: "PBCO 金融公司發佈 2026 年第一季度財報" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/283715634.md" description: "PBCO 金融公司公佈了 2026 年第一季度的業績，淨收入為 270 萬美元，每股收益為 0.52 美元，較 2025 年第四季度的 250 萬美元和每股 0.48 美元有所上升。主要亮點包括平均資產回報率為 1.37%，淨利差上升至 4.21%，每股有形賬面價值為 18.59 美元。該銀行面臨 860 萬美元的存款下降和 1000 萬美元的大額貸款提前還款，但非利息收入增加了 166,000 美元，主要來自保理收入。槓桿比率改善至 15.04%" datetime: "2026-04-22T19:51:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283715634.md) - [en](https://longbridge.com/en/news/283715634.md) - [zh-HK](https://longbridge.com/zh-HK/news/283715634.md) --- # PBCO 金融公司發佈 2026 年第一季度財報 **PBCO Financial Corporation Reports Q1 2026 Results** **PBCO Financial Corporation (OTCID: “PBCO”),** the holding company (the “Company”) of People’s Bank of Commerce (the “Bank”), today reported net income of $2.7 million and earnings per share of $0.52 for the first quarter of 2026, compared to net income of $2.5 million and $0.48 per share for the fourth quarter of 2025. **Highlights** - Return on average assets increased to 1.37% versus 1.23% in the prior quarter - Net interest margin increased to 4.21% versus 3.98% in the prior quarter - Tangible book value per share of $18.59, an increase of 1.4% in the first quarter “I’m excited to share the first quarter results for the company, which reflect further expansion of our net interest margin, improved non-interest income, and continued management of our non-interest expense, all of which contributed to our increase in profitability for the first quarter,” reported Julia Beattie, President and CEO. "We had a large loan prepayment of $10.0 million, which impacted the overall growth in our loan portfolio. The Bank was able to offset the prepayment with new loans booked, but the 0.1% increase in our loans was less than anticipated,” noted Beattie. As a result of the large prepayment, the Bank recognized income of $204 thousand of deferred fees plus a prepayment penalty during the quarter. “Our deposits declined in the quarter by $8.6 million, a 1.3% decrease, which reflects the outflow of remaining balances from a large customer that began transitioning out of the Bank in the fourth quarter of 2025,” noted Beattie. “The Bank is focused on growing deposits for the balance of the year to support loan growth,” added Beattie. During the first quarter, non-interest income increased by $166 thousand, with the increase primarily attributed to an increase in factoring revenue from our Steelhead Finance division of $136 thousand for the quarter. Non-interest expenses totaled $5.8 million in the first quarter, an increase of $19 thousand from the fourth quarter of 2025. The Bank’s leverage ratio was 15.04% as of March 31, 2026, compared to 14.78% as of December 31, 2025. The Company’s tangible common equity was $94.3 million as of March 31, 2026, compared to $94.0 million as of December 31, 2025. During the first quarter, the Company completed stock repurchases for 50,841 shares at a weighted average price of $18.30 per share. **About PBCO Financial Corporation** PBCO Financial Corporation’s stock trades on the over-the-counter market under the symbol PBCO. Additional information about the Company is available in the investor section of the Company’s website at: www.peoplesbank.bank. Founded in 1998, People’s Bank of Commerce is a full-service, commercial bank headquartered in Medford, Oregon with branches in Albany, Ashland, Central Point, Eugene, Grants Pass, Jacksonville, Klamath Falls, Lebanon, Medford, and Salem. **"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:** This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by the use of words or phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," “plans,” “projects,” or other words or phrases of similar import indicating that the statement addresses some future result, occurrence, plan, or objective. Similarly, statements herein that describe People’s Bank’s business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward-looking statements. **Consolidated Balance Sheets** (Dollars in 000's) **3/31/2026** **12/31/2025** **9/30/2025** **6/30/2025** **3/31/2025** **BALANCE SHEET** ASSETS Cash and due from banks $ 5,319 $ 5,959 $ 6,194 $ 6,917 $ 4,909 Federal funds sold \- \- \- \- \- Interest bearing deposits 22,451 31,747 53,846 51,060 53,592 Investment securities 106,500 114,079 119,970 127,850 131,915 Loans held for sale \- \- \- \- \- Loans held for investment, net of unearned income 568,024 567,673 560,615 553,948 551,388 Total Loans, net of deferred fees and costs 568,024 567,673 560,615 553,948 551,388 Allowance for loan losses (6,551 ) (6,418 ) (6,304 ) (5,971 ) (5,684 ) Premises and equipment, net 27,643 27,847 28,480 28,797 28,878 Bank owned life insurance 18,269 17,846 17,695 17,516 17,373 Other Assets 37,547 29,896 29,821 30,905 29,809 **Total assets** **$** **779,202** **$** **788,629** **$** **810,317** **$** **811,022** **$** **812,180** LIABILITIES Deposits Demand - non-interest bearing $ 224,735 $ 220,919 $ 239,521 $ 242,281 $ 241,290 Demand - interest bearing 183,590 199,131 189,924 205,034 222,690 Money market and savings 226,985 223,944 236,949 222,265 208,683 Time deposits of less than $250,000 7,221 7,489 7,476 7,716 8,449 Time deposits of more than $250,000 2,824 2,484 3,072 2,757 2,741 Total deposits $ 645,355 $ 653,967 $ 676,942 $ 680,053 $ 683,853 Borrowed funds 27,792 27,894 28,274 28,381 28,487 Other liabilities 8,061 9,139 8,853 9,248 9,301 Total liabilities $ 681,208 $ 691,000 $ 714,069 $ 717,682 $ 721,641 STOCKHOLDERS' EQUITY Common stock, surplus & retained earnings $ 105,087 $ 104,634 $ 104,022 $ 102,138 $ 100,643 Accumulated other comprehensive income, net of tax (7,093 ) (7,005 ) (7,774 ) (8,798 ) (10,104 ) Total stockholders' equity $ 97,994 $ 97,629 $ 96,248 $ 93,340 $ 90,539 **Total liabilities & stockholders' equity** **$** **779,202** **$** **788,629** **$** **810,317** **$** **811,022** **$** **812,180** **Consolidated Statements of Income** (Dollars in 000's) **1st Quarter 2026** **4th Quarter 2025** **3rd Quarter 2025** **2nd Quarter 2025** **1st Quarter 2025** INCOME STATEMENT INTEREST INCOME Loans $ 9,129 $ 9,007 $ 8,749 $ 8,595 $ 8,351 Investments 437 462 477 496 517 Federal funds sold and due from banks 204 586 536 563 431 Total interest income 9,770 10,055 9,762 9,654 9,299 INTEREST EXPENSE Deposits 2,208 2,438 2,591 2,483 2,486 Borrowed funds 261 262 262 259 257 Total interest expense 2,469 2,700 2,853 2,742 2,743 NET INTEREST INCOME 7,301 7,355 6,909 6,912 6,556 Provision for loan losses 130 250 345 278 51 Net interest income after provision for loan losses 7,171 7,105 6,564 6,634 6,505 NONINTEREST INCOME Service charges 114 111 114 114 112 Steelhead finance income 1,413 1,277 1,236 1,224 1,147 BOLI Income 149 149 146 143 144 Other non-interest income 523 496 482 570 502 Total noninterest income 2,199 2,033 1,978 2,051 1,905 NONINTEREST EXPENSE Salaries and employee benefits 3,725 3,735 3,578 3,543 3,536 Occupancy & equipment expense 832 844 868 854 865 Advertising expense 121 119 125 102 102 Professional expenses 214 188 194 218 198 Data processing expense 397 432 433 412 389 Loss on sale of investments \- \- \- \- \- Other operating expenses 490 442 595 790 703 Total noninterest expense 5,779 5,760 5,793 5,919 5,793 Income before taxes 3,591 3,378 2,749 2,766 2,617 Provision for income taxes 919 879 691 708 669 **NET INCOME** **$** **2,672** **$** **2,499** **$** **2,058** **$** **2,058** **$** **1,948** Shares outstanding end of quarter 5,073,816 5,124,357 5,245,413 5,258,407 5,298,464 Average diluted shares outstanding 5,169,497 5,227,865 5,292,256 5,319,429 5,337,992 Earnings per share $ 0.52 $ 0.48 $ 0.39 $ 0.39 $ 0.37 Diluted earnings per share $ 0.52 $ 0.48 $ 0.39 $ 0.39 $ 0.36 (Dollars in 000's) **3/31/2026** **12/31/2025** **9/30/2025** **6/30/2025** **3/31/2025** **Performance Ratios** Return on average assets 1.36 % 1.23 % 1.01 % 1.01 % 0.96 % Return on average equity 10.81 % 10.26 % 8.68 % 8.94 % 8.75 % Net interest margin 4.21 % 3.98 % 3.74 % 3.76 % 3.63 % Yield on loans 6.55 % 6.35 % 6.23 % 6.23 % 6.13 % Cost of deposits 1.41 % 1.42 % 1.51 % 1.46 % 1.50 % Efficiency ratio excluding non-recurring expenses 60.83 % 61.35 % 65.19 % 66.04 % 68.47 % Full-time equivalent employees 129 126 133 137 130 **Capital** Community Bank Leverage Ratio 15.04 % 14.78 % 14.29 % 14.03 % 13.80 % Book value per share $ 19.31 $ 19.05 $ 18.35 $ 17.75 $ 17.09 Tangible book value per share $ 18.59 $ 18.34 $ 17.65 $ 17.05 $ 16.39 Dividends per Share $ 0.25 $ \- $ \- $ \- $ 0.23 **Asset Quality** Allowance for loan losses (ALLL) $ 6,551 $ 6,418 $ 6,304 $ 5,971 $ 5,684 Nonperforming loans (NPLs) $ 7,236 $ 4,147 $ 4,095 $ 3,372 $ 4,576 Nonperforming assets (NPAs) $ 7,236 $ 4,147 $ 4,095 $ 3,372 $ 4,576 Classified assets(2) $ 10,768 $ 11,528 $ 13,031 $ 9,288 $ 10,624 ALLL as a percentage of loans 1.15 % 1.13 % 1.12 % 1.08 % 1.03 % Net charge offs (recoveries) to average loans 0.00 % 0.02 % 0.00 % 0.00 % 0.00 % Nonperforming assets as a percentage of total assets 0.93 % 0.53 % 0.51 % 0.42 % 0.56 % Classified Asset Ratio(3) 10.30 % 11.08 % 12.71 % 9.35 % 11.04 % Past due as a percentage of total loans 1.27 % 0.73 % 0.87 % 0.96 % 0.88 % **End of period balances** Total securities and short term deposits $ 128,951 $ 145,826 $ 173,816 $ 178,910 $ 185,507 Total loans $ 568,024 $ 567,673 $ 560,615 $ 553,948 $ 551,388 Total earning assets $ 696,975 $ 713,499 $ 734,431 $ 732,858 $ 736,895 Intangible assets $ 3,660 $ 3,670 $ 3,681 $ 3,690 $ 3,701 Total assets $ 779,202 $ 788,629 $ 810,317 $ 811,022 $ 812,180 Total noninterest bearing deposits $ 224,735 $ 220,919 $ 239,521 $ 242,281 $ 241,290 Total deposits $ 645,355 $ 653,967 $ 676,942 $ 680,053 $ 683,853 **Average balances** Total securities and short term deposits $ 137,263 $ 176,173 $ 181,528 $ 181,971 $ 179,784 Total loans $ 559,328 $ 556,727 $ 551,101 $ 547,907 $ 546,820 Total earning assets $ 696,591 $ 732,900 $ 732,629 $ 729,878 $ 726,604 Total assets $ 778,997 $ 815,906 $ 815,262 $ 812,029 $ 807,647 Total noninterest bearing deposits $ 217,778 $ 233,390 $ 237,705 $ 240,960 $ 239,660 Total deposits $ 642,883 $ 680,475 $ 682,347 $ 681,775 $ 680,707 (1) Effective March 31, 2020, People's Bank of Commerce opted into the Community Bank Leverage Ratio and is no longer calculating risk based capital ratios. (2) Classified assets are defined as the sum of all loan-related contingent liabilities and loans internally graded substandard or worse, impaired loans (net of government guarantees), adversely classified securities, and other real estate owned. (3) Classified asset ratio is defined as the sum of all loan related contingent liabilities and loans internally graded substandard or worse, impaired loans (net of government guarantees), adversely classified securities, and other real estate owned, divided by bank Tier 1 capital, plus the allowance for loan losses. **Julia Beattie, President & CEO** (541) 608-8920, julia.beattie@peoplesbank.bank View source version on businesswire.com: https://www.businesswire.com/news/home/20260422785308/en/ ### 相關股票 - [PFC.US](https://longbridge.com/zh-HK/quote/PFC.US.md) ## 相關資訊與研究 - [金融科技及 AI 技術蓬勃發展，市場風險與政策挑戰交織影響經濟前景](https://longbridge.com/zh-HK/news/287111664.md) - [貝森特呼籲盟友協助瓦解伊朗金融網絡](https://longbridge.com/zh-HK/news/286932653.md) - [5 月電子期金融期齊跌](https://longbridge.com/zh-HK/news/286722115.md) - [凱基金舉辦集團董監事進修課程 聚焦高齡金融與防詐新挑戰](https://longbridge.com/zh-HK/news/286854592.md) - [鄭志剛：C 資本已投資 40 公司 其中 16 家屬獨角獸](https://longbridge.com/zh-HK/news/287047954.md)