RBB Bancorp

Listed Company

RBBCIK 0001499422NasdaqAcceleratedState Commercial BanksCaliforniaFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$31.95M

Total Assets

$4.20B

Equity

$523.41M

Shares Out

17.07M

Op. Cash Flow

$43.39M

Business

RBB Bancorp is a bank holding company that serves as the parent of Royal Business Bank and RBB Asset Management Company, managing core banking and asset-management activities. The Company offers commercial and investor real estate lending, construction and land development loans, commercial and industrial and SBA lending, single-family mortgage products, trade finance, deposit accounts and electronic and treasury management services. Its principal business segments include the Bank, RAM and several statutory business trusts and a REIT subsidiary. The Company markets to Asian-centric communities through a network of retail branches and wholesale correspondent channels across California, Nevada, New York/New Jersey, Illinois and Hawaii.

Summary from filing dated 2025-03-17

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Loans	194	185	194	171	142
Interest-earning deposits	8	15	11	1	552,000
Investment securities	17	14	14	6	3
FHLB stock	1	1	1	938,000	869,000
Federal funds sold and other	953,000	1	985,000	1	694,000
Total interest and dividend income	221	217	221	181	147
Savings deposits, NOW and money market accounts	19	19	12	6	3
Time deposits	78	89	77	13	9
Long-term debt and subordinated debentures	7	7	10	10	9
FHLB advances	5	2	3	3	2
Total interest expense	109	117	102	31	—
Net interest income before provision for credit losses	112	99	119	150	124
Provision for credit losses	10	10	3	—	—
Net interest income after provision for credit losses	102	90	116	145	120
Service charges and fees	4	4	4	4	5
Loan servicing income, net of amortization	2	2	3	2	684,000
Increase in cash surrender value of BOLI	2	2	1	1	1
Gain on sale of loans	1	2	374,000	2	10
Gain on OREO	0	1	133,000	—	0
Other income	8	5	6	924,000	2
Total noninterest income	17	15	15	11	19
Salaries and employee benefits	43	39	38	35	34
Occupancy and equipment expenses	10	10	10	9	9
Data processing	7	6	5	5	4
Legal and professional	7	4	8	5	4
Office expenses	2	1	2	1	1
Marketing and business promotion	863,000	864,000	1	2	1
Insurance and regulatory assessments	3	3	3	2	2
Core deposit premium amortization	672,000	784,000	923,000	—	—
Other expenses	3	3	3	4	3
Total noninterest expense	77	69	71	65	58
Net income before income taxes	42	36	60	91	81
Income tax expense	10	9	18	27	24
Net income	32	27	42	64	57
Basic (in dollars per share)	1.83	1.47	2.24	3.37	2.92
Diluted (in dollars per share)	1.83	1.47	2.24	3.33	2.86
Basic (in shares)	17	18	19	19	19
Diluted (in shares)	18	18	19	19	20

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and due from banks	27	28	23	84	501
Interest-earning deposits in other financial institutions	185	230	—	—	—
Cash and cash equivalents	212	258	431	84	694
Interest-earning time deposits in other financial institutions	600,000	600,000	—	—	—
Available for sale (amortized cost of $426,145 and $449,416 at December 31, 2025 and December 31, 2024)	407	420	—	—	—
Held to maturity (fair value of $4,103 and $4,948 at December 31, 2025 and December 31, 2024)	4	5	—	—	—
Loans held for sale	2	11	2	0	6
Allowance for loan losses	−44	−48	−42	−41	—
Loans held for investment, net of allowance for loan losses	3,300	—	—	—	—
Premises and equipment, net	24	25	26	27	27
"Federal Home Loan Bank (""FHLB"") stock"	15	15	15	15	15
Net deferred tax assets	16	19	16	17	5
Income tax receivable	17	10	1	0	477,000
"Cash surrender value of bank owned life insurance (""BOLI"")"	62	60	59	57	56
Goodwill	72	72	72	72	69
Right-of-use assets - operating leases	23	28	30	25	22
Interest Receivable and Other Assets	83	63	49	50	44
Total assets	4,200	3,992	4,026	3,919	4,228
Noninterest-bearing demand	527	563	540	799	1,291
Savings, NOW and money market accounts	956	663	633	615	928
Time deposits $250,000 and under	975	1,007	1,191	837	588
Time deposits over $250,000	893	850	812	726	578
Total deposits	3,400	3,084	3,175	2,978	3,386
Reserve for unfunded commitments	484,000	729,000	—	—	—
FHLB advances	130	200	150	220	150
Long-term debt, net of issuance costs	120	120	119	174	173
Subordinated debentures (net of unamortized valuation reserve of $2,152 and $2,371 at December 31, 2025 and December 31, 2024)	15	15	15	15	15
Lease liabilities - operating leases	25	30	31	27	23
Accrued interest and other liabilities	44	36	24	21	14
Total liabilities	3,685	3,485	3,515	3,434	3,762
Commitments and contingencies - Note 13	—	—	—	—	—
Preferred Stock - 100,000,000 shares authorized, no par value; none outstanding	0	0	0	0	0
Common Stock - 100,000,000 shares authorized, no par value; 17,057,397 shares issued and outstanding at December 31, 2025 and 17,720,416 shares issued and outstanding at December 31, 2024	251	260	272	277	282
Additional paid-in capital	4	4	—	—	—
Retained earnings	282	264	255	226	181
Non-controlling interest	72,000	72,000	72,000	72,000	72,000
Accumulated other comprehensive loss, net	−13	−20	−20	−22	−2
Total shareholders equity	523	508	511	485	467
Total liabilities and shareholders equity	4,208	3,992	4,026	3,919	4,228

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization of premises and equipment	2	2	2	2	2
Net accretion of discount for securities, loans, deposits, and other	−3	−4	−5	−432,000	−191,000
Unrealized loss/(gain) on equity securities	74,000	−41,000	−24,000	0	360,000
Amortization of investment in affordable housing tax credits	2	1	1	—	—
Amortization of intangible assets	2	2	3	4	6
Amortization of right-of-use asset	5	5	5	5	5
Change in operating lease liabilities	−5	−5	−5	−5	−5
Stock-based compensation, net	2	1	750,000	848,000	1
Deferred tax (benefit)/expense	−641,000	−3	216,000	−2	−1
Gain on sale of fixed assets	−42,000	0	−32,000	−757,000	0
Loans originated and purchased for sale, net	−8	−36	−15	−39	−162
Proceeds from loans sold	18	63	19	60	305
Other items	−10	−2	2	2	−256,000
Net cash provided by operating activities	43	58	51	94	202
Purchases	−261	−415	−694	−403	−604
Maturities, repayments and calls	286	316	641	486	442
Maturities, repayments and calls	1	0	500,000	500,000	900,000
(Purchase) sale of other equity securities, net	−3	489,000	−479,000	−3	−6
Net increase of investment in qualified affordable housing projects	−4	−3	−279,000	−227,000	−763,000
Net (increase)/decrease in loans	−344	−61	297	−411	−316
Proceeds from sales of loans originally classified as HFI	57	0	0	—	—
Proceeds from sales of OREO	8	3	711,000	0	0
Proceeds from sale of fixed assets	42,000	0	32,000	1	0
Purchases of premises and equipment	−798,000	−788,000	−652,000	−2	−2
Net cash (used in)/provided by investing activities	−260	−160	243	−260	−504
Net increase/(decrease) in demand deposits and savings accounts	257	54	−242	−887	871
Net increase/(decrease) in time deposits	10	−145	439	397	−120
Advances from Federal Home Loan Bank	170	50	80	—	—
Repayment of Federal Home Loan Bank borrowings	−240	0	−150	−500	0
Cash dividends paid	−11	−12	−12	−11	−10
Restricted stock units vesting	−265,000	−108,000	0	0	—
Redemption of subordinated notes	0	0	−55	0	−50
Common stock repurchased, net of repurchased costs	−14	−21	−7	−20	−11
Exercise of stock options	417,000	2	295,000	6	4
Net cash provided by/(used in) financing activities	171	−72	53	−444	802
Net (decrease)/increase in cash and cash equivalents	−45	−174	348	−611	500
Interest paid	109	121	94	30	23
Taxes paid	19	6	21	24	26
Transfer from loans to other real estate owned	13	2	0	142,000	0
Loans transferred to held for sale, net	57	35	5	13	89
Additions to servicing assets	190,000	433,000	234,000	771,000	2
Recognition of operating lease right-of-use assets	−104,000	−3	−9	−8	−28
Recognition of operating lease liabilities	104,000	3	9	8	28

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro