5 unchanged sentences
Based on that evaluation, the Company’s Chief Executive Officer and Chief Financial Officer concluded that, as of December 31, 2025, the Company’s disclosure controls and procedures were effective.
−Removed: There have been no changes in the Company’s disclosure controls and procedures during its fourth fiscal quarter of 2024 that have materially affected, or are reasonably likely to materially affect, these controls and procedures.
+Added: Remediation of Previously Identified Material Weakness
+Added: As reported in Amendment No.
+Added: 1 to the Company’s Quarterly Report for the quarterly period ended March 31, 2025, which was filed on July 24, 2025, management identified a material weakness related to the Company’s internal control over financial reporting.
+Added: A material weakness is a deficiency or combination of deficiencies in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements would not be prevented or detected on a timely basis.
+Added: Management identified the following material weakness in the Company’s internal control over financial reporting:
+Added: The Company has not designed and maintained all applicable internal controls to ensure that unusual or infrequent derivative contracts are evaluated for proper accounting treatment and disclosure.
+Added: After identifying this material weakness, during the quarterly period ended September 30, 2025, management developed and implemented a remediation plan to address the material weakness, which includes, among other things, having its Controller’s office search and review all contracts with potential accounting implications, having its disclosure committee discuss and review all new unusual or infrequent derivative or financial contracts each quarter, and engaging a third party to assist in the evaluation of accounting matters with respect to such transactions that could have a potential impact on the Company’s financial statements.
+Added: After testing for effectiveness during the quarterly periods ended September 30, 2025 and December 31, 2025, the Company successfully tested its enhanced internal policies and controls regarding the evaluation of unusual or infrequent derivative contracts implemented under the remediation plan during the quarterly period ended December 31, 2025.
+Added: As a result, management concluded that it had remediated the material weakness as of December 31, 2025.
Management’s Report on Internal Control Over Financial Reporting
17 unchanged sentences
Changes in Internal Control over Financial Reporting
−Removed: There have been no changes in the Company’s internal control over financial reporting (as defined in Rules 13a-15(f) under the Exchange Act) during the three months ended December 31, 2024 that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.
+Added: Except for the changes in connection with the Company’s remediation of the material weakness described above, there have been no changes in the Company’s internal control over financial reporting (as defined in Rules 13a-15(f) under the Exchange Act) during the three months ended December 31, 2025 that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.
Other Information
42 unchanged sentences
10-K 001-38621 10.1B March 4, 2022
+Added: 10.1C Third Amendment to Employee Agreement, dated December 28, 2023, among PCB Bancorp, PCB Bank and Henry Kim
+Added: 10-Q 001-38621 10.1C June 9, 2025
2023 Equity Based Compensation Plan
16 unchanged sentences
Department of the Treasury dated January 16, 2025
−Removed: I nsider Trading Policy *
+Added: 10.9 March 13, 2025
+Added: Insider Trading Policy
+Added: 19 March 13, 2025
21.1 Subsidiaries of the Registrant
15 unchanged sentences
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document*
+Added: Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
* Filed herewith
7 unchanged sentences
/s/ Henry Kim Director, President and Chief Executive Officer March 13, 2026
−Removed: Henry Kim (Principal Executive Officer)
−Removed: /s/ Timothy Chang Executive Vice President and Chief Financial Officer March 13, 2025
+Added: (Principal Executive Officer)
+Added: /s/ Timothy Chang Senior Executive Vice President and Chief Financial Officer
+Added: March 13, 2026
Timothy Chang (Principal Financial and Accounting Officer)
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.