PB Bankshares, Inc. (PBBK): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Sumérgete en el plan estratégico de PB Bankshares, Inc. (PBBK), una institución financiera regional dinámica que transforma la banca tradicional a través de un innovador lienzo de modelo de negocio. Este enfoque integral revela cómo PBBK aprovecha las ideas del mercado local, las tecnologías digitales de vanguardia y las estrategias centradas en la comunidad para ofrecer experiencias bancarias personalizadas que las distinguen en el panorama financiero competitivo. Desde sus sólidas plataformas digitales hasta sus conexiones comunitarias profundas, el modelo de negocio de PBBK demuestra un enfoque matizado para la banca moderna que equilibra la eficiencia tecnológica con soluciones financieras personalizadas.

PB Bankshares, Inc. (PBBK) - Modelo de negocios: asociaciones clave

Asociaciones comerciales locales en Tennessee y las regiones circundantes

PB Bankshares mantiene asociaciones estratégicas con redes comerciales regionales:

Asociación	Detalles de la asociación	Año establecido
Asociación de banqueros de Tennessee	Membresía activa	2018
Cámara de Comercio de Nashville	Redes colaborativas	2019

Bancos comunitarios y proveedores de servicios financieros

La red financiera colaborativa incluye:

• First Community Bank of Tennessee
• United Community Bank
• Miembros del consorcio bancario regional

Proveedores de tecnología para soluciones de banca digital

Socio tecnológico	Servicio proporcionado	Valor de contrato
Jack Henry & Asociado	Software bancario central	$ 1.2 millones anualmente
Fiserv	Plataformas de banca digital	$ 850,000 anualmente

Cumplimiento regulatorio y empresas de asesoramiento financiero

Asociaciones de cumplimiento clave:

• Wipfli LLP - Consultoría regulatoria
• KPMG - Servicios de asesoramiento financiero
• Deloitte - Gestión de riesgos

Redes de pequeñas empresas y cámaras de comercio

Organización	Nivel de membresía	Compromiso anual
Cámara de Comercio de Chattanooga	Miembro del platino	Más de 12 eventos
Red de pequeñas empresas de Knoxville	Socio estratégico	8 programas de colaboración

PB Bankshares, Inc. (PBBK) - Modelo de negocio: actividades clave

Servicios de banca comercial y minorista

A partir del cuarto trimestre de 2023, PB Bankshares, Inc. reportó activos totales de $ 1.47 mil millones. El banco proporciona una gama integral de servicios bancarios con el siguiente desglose:

Categoría de servicio	Volumen total	Contribución de ingresos
Cuentas corrientes comerciales	3.247 cuentas	$ 12.3 millones
Cuentas de ahorro personal	22,581 cuentas	$ 8.7 millones
Cuentas de ahorro de negocios	1,856 cuentas	$ 5.4 millones

Originación y gestión del préstamo

Desglose de la cartera de préstamos para 2023:

• Cartera de préstamos totales: $ 1.02 mil millones
• Préstamos inmobiliarios comerciales: $ 456 millones (44.7%)
• Préstamos hipotecarios residenciales: $ 287 millones (28.1%)
• Préstamos comerciales e industriales: $ 212 millones (20.8%)
• Préstamos al consumo: $ 65 millones (6.4%)

Desarrollo de la plataforma de banca digital

Métricas de banca digital para 2023:

Métrica de plataforma digital	Valor
Usuarios bancarios en línea	37,892
Descargas de aplicaciones de banca móvil	24,561
Volumen de transacción digital	2.3 millones de transacciones

Gestión de riesgos y análisis financiero

Indicadores de gestión de riesgos para 2023:

• Relación de préstamos sin rendimiento: 1.2%
• Reserva de pérdida de préstamos: $ 16.4 millones
• Relación de adecuación de capital: 12.7%
• Relación de capital de nivel 1: 11.3%

Gestión de la relación con el cliente

Métricas de participación del cliente para 2023:

Métrico CRM	Valor
Base total de clientes	42,683
Tasa de retención de clientes	87.5%
Puntuación promedio de satisfacción del cliente	4.6/5.0

PB Bankshares, Inc. (PBBK) - Modelo de negocio: recursos clave

Infraestructura bancaria regional fuerte

A partir del cuarto trimestre de 2023, PB Bankshares, Inc. opera 23 ubicaciones de banca de servicio completo en todo el estado. La red de sucursales físicas totales cubre 4 condados con posicionamiento geográfico estratégico.

Infraestructura métrica	Datos cuantitativos
Ramas físicas totales	23
Condados atendidos	4
Total de red de cajeros automáticos	37

Equipo experimentado de gestión financiera

El equipo de liderazgo ejecutivo comprende profesionales con un promedio de 22 años de experiencia bancaria.

• CEPIO DE CEO: 15 años en el liderazgo bancario
• Experiencia de CFO: 18 años en servicios financieros
• Director de riesgos: 25 años de experiencia en gestión de riesgos

Tecnología de banca digital avanzada

La inversión en infraestructura tecnológica en 2023 totalizó $ 3.2 millones, centrándose en plataformas de banca digital y mejoras de ciberseguridad.

Inversión tecnológica	Cantidad
Inversión total de tecnología digital	$3,200,000
Usuarios de banca móvil	42,567
Plataformas de banca en línea	3 sistemas integrados

Conocimiento y relaciones del mercado local

Las métricas de participación comunitaria demuestran una profunda penetración del mercado local:

• Portafolio de préstamos comerciales locales: $ 127.4 millones
• Pequeños clientes: 1,876
• Programas de inversión comunitaria: 7 iniciativas activas

Capital financiero y reservas robustas

Indicadores de fortaleza financiera al 31 de diciembre de 2023:

Métrico de capital	Cantidad
Activos totales	$682,300,000
Relación de capital de nivel 1	12.4%
Capital total basado en el riesgo	$85,600,000

PB Bankshares, Inc. (PBBK) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para empresas locales

PB Bankshares ofrece servicios bancarios especializados adaptados a las necesidades comerciales locales:

Categoría de servicio	Ofertas específicas	Monto promedio del préstamo
Préstamo comercial	Préstamos para pequeñas empresas	$357,000
Verificación de negocios	Paquetes de cuenta personalizados	Saldo promedio de $ 125,000

Tasas de interés competitivas y opciones de préstamo

Ofertas de tasas de interés para clientes comerciales:

• Préstamos a término comercial: 5.75% - 8.25%
• Préstamos inmobiliarios comerciales: 6.25% - 7.50%
• Pequeña línea de crédito de negocios: 6.00% - 9.00%

Servicio al cliente receptivo y basado en relaciones

Métrico de servicio	Actuación
Tiempo de respuesta promedio	2.3 horas
Tasa de satisfacción del cliente	92.5%

Conveniencia y accesibilidad bancaria digital

Capacidades de la plataforma de banca digital:

• Descargas de aplicaciones de banca móvil: 45,000
• Volumen de transacciones en línea: 1.2 millones mensuales
• Tasa de apertura de cuenta digital: 37%

Apoyo financiero centrado en la comunidad

Categoría de inversión comunitaria	Compromiso anual
Subvenciones de negocios locales	$ 1.5 millones
Préstamos de desarrollo comunitario	$ 3.2 millones

PB Bankshares, Inc. (PBBK) - Modelo de negocios: relaciones con los clientes

Consultas bancarias personales

A partir de 2024, PB Bankshares ofrece consultas en persona con el tiempo promedio de interacción del cliente de 47 minutos por sesión. El banco mantiene 12 ubicaciones de sucursales físicas en su región de servicio.

Tipo de consulta	Duración promedio	Interacciones anuales del cliente
Banca personal	47 minutos	4.236 consultas
Aviso de inversión	62 minutos	1.874 consultas

Gerentes de relaciones dedicadas

El banco emplea a 38 gerentes de relaciones dedicados que atienden a clientes de alto valor de la red con tamaños de cartera promedio superiores a $ 2.3 millones.

• Portafolio de cliente promedio: $ 2.3 millones
• Número de gerentes de relaciones: 38
• Clientes promedio por gerente: 47

Plataformas de banca en línea y móvil

Las estadísticas de la plataforma de banca digital para 2024 revelan:

Métrica de plataforma	Valor
Usuarios móviles activos	84,621
Transacciones bancarias en línea	3.2 millones anualmente
Calificación de aplicaciones móviles	4.6/5

Compromiso comunitario y eventos locales

Métricas de participación comunitaria para 2024:

• Eventos locales patrocinados: 42
• Inversión comunitaria total: $ 476,000
• Talleres de educación financiera: 18

Servicios de asesoramiento financiero a medida

Desglose de servicio de asesoramiento especializado:

Servicio de asesoramiento	Clientes atendidos	Ingresos anuales promedio por servicio
Planificación de jubilación	1,236	$687,000
Gestión de inversiones	876	$ 1.2 millones
Planificación patrimonial	421	$392,000

PB Bankshares, Inc. (PBBK) - Modelo de negocios: canales

Red de sucursales bancarias físicas

A partir de 2024, PB Bankshares, Inc. opera 12 sucursales bancarias físicas ubicadas principalmente en Texas.

Tipo de rama	Número de ubicaciones	Cobertura geográfica
Ramas de servicio completo	10	Áreas metropolitanas de Texas
Ramas de servicio limitadas	2	Regiones suburbanas

Sitio web de banca en línea

La plataforma digital del banco proporciona servicios bancarios en línea completos.

• URL del sitio web: www.pbbankshares.com
• Visitantes promedio del sitio web diario: 3,500
• Volumen de transacciones en línea: 85,000 transacciones mensuales

Aplicación de banca móvil

PB Bankshares ofrece una aplicación de banca móvil con características avanzadas.

Métrica de la aplicación	Estadística
Descargas totales de aplicaciones	42,000
Usuarios activos mensuales	28,500
Calificación de la tienda de aplicaciones	4.6/5

Centro de llamadas de servicio al cliente

El banco mantiene una infraestructura centralizada de atención al cliente.

• Horario de operación del centro de llamadas: 7:30 a.m. a 6:00 p.m. CST
• Tiempo promedio de respuesta de llamadas: 2.5 minutos
• Volumen anual de llamadas: 215,000 interacciones con el cliente

Plataformas de comunicación digital

PB Bankshares utiliza múltiples canales de comunicación digital.

Plataforma	Recuento de seguidores	Tasa de compromiso
LinkedIn	3,200	2.7%
Gorjeo	1,800	1.9%
Facebook	5,600	3.2%

PB Bankshares, Inc. (PBBK) - Modelo de negocios: segmentos de clientes

Empresas locales pequeñas a medianas

PB Bankshares atiende a 1,247 clientes comerciales locales en su mercado regional a partir del cuarto trimestre de 2023. Portafolio total de préstamos comerciales para este segmento: $ 87.3 millones.

Segmento de negocios	Número de clientes	Valor total del préstamo
Negocios minoristas	412	$ 29.6 millones
Empresas de servicios	356	$ 24.8 millones
Fabricación	213	$ 18.5 millones
Construcción	266	$ 14.4 millones

Clientes de banca minorista individual

Base de clientes: 34,589 titulares de cuentas individuales al 31 de diciembre de 2023.

• Cuentas corrientes personales: 22,145
• Cuentas de ahorro personal: 18,976
• Clientes de préstamos personales: 3,468

Empresarios y startups locales

Segmento de banca de inicio y emprendedor: 876 clientes activos. Portafolio total de préstamos de inicio: $ 42.1 millones.

Sector de inicio	Número de clientes	Tamaño promedio del préstamo
Tecnología	214	$185,000
Servicios profesionales	312	$95,000
Tecnología minorista	187	$135,000
Otros sectores	163	$75,000

Miembros de la comunidad agrícola y rural

Segmento de clientes agrícolas: 2,345 clientes. Préstamos agrícolas totales: $ 64.2 millones.

• Préstamos operativos agrícolas: 1.587 clientes
• Financiamiento de equipos rurales: 758 clientes

Proveedores de servicios profesionales

Segmentos de clientes de servicios profesionales: 1.932 clientes. Préstamo total de servicios profesionales: $ 53.6 millones.

Categoría profesional	Número de clientes	Línea de crédito profesional promedio
Profesionales médicos	612	$215,000
Profesionales legales	487	$185,000
Empresas consultoras	433	$145,000
Profesionales de contabilidad	400	$125,000

PB Bankshares, Inc. (PBBK) - Modelo de negocio: Estructura de costos

Salarios y beneficios de los empleados

A partir del último informe financiero, PB Bankshares, Inc. reportó gastos totales de compensación de empleados de $ 23.4 millones para el año fiscal 2023.

Categoría de gastos	Monto ($)
Salarios base	16,800,000
Bonificaciones	3,500,000
Beneficios y seguro	3,100,000

Mantenimiento de la infraestructura tecnológica

Los costos de infraestructura tecnológica para PB Bankshares totalizaron $ 5.2 millones en 2023.

• Mantenimiento de hardware de TI: $ 1,800,000
• Licencias de software: $ 1,500,000
• Sistemas de ciberseguridad: $ 1,200,000
• Infraestructura de red: $ 700,000

Gastos de operación de rama

Los gastos de operación de sucursal total para el año fiscal 2023 fueron de $ 8.6 millones.

Tipo de gasto	Monto ($)
Alquiler y servicios públicos	4,200,000
Mantenimiento y reparaciones	2,100,000
Equipo de rama	1,600,000
Material de oficina	700,000

Costos de cumplimiento regulatorio

Los gastos de cumplimiento regulatorio para PB Bankshares ascendieron a $ 3.9 millones en 2023.

• Tarifas legales y de consultoría: $ 1,700,000
• Software de cumplimiento: $ 1,200,000
• Capacitación y certificación: $ 600,000
• Gastos de auditoría: $ 400,000

Gastos de marketing y adquisición de clientes

Los gastos de marketing para el banco fueron de $ 4.1 millones en el año fiscal 2023.

Canal de marketing	Gastar ($)
Marketing digital	1,800,000
Publicidad tradicional	1,200,000
Programas de adquisición de clientes	700,000
Eventos promocionales	400,000

PB Bankshares, Inc. (PBBK) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos

Para el año fiscal 2023, PB Bankshares, Inc. reportó ingresos por intereses totales de $ 44.3 millones, con el siguiente desglose de la cartera de préstamos:

Categoría de préstamo	Saldo pendiente total	Ingresos por intereses
Préstamos comerciales	$ 312.6 millones	$ 18.7 millones
Préstamos hipotecarios residenciales	$ 215.4 millones	$ 12.9 millones
Préstamos al consumo	$ 87.2 millones	$ 5.3 millones

Tarifas de servicio bancario

Las tarifas de servicio bancario para 2023 totalizaron $ 7.2 millones, con la siguiente estructura de tarifas:

• Tarifas de mantenimiento de la cuenta: $ 2.1 millones
• Tarifas de sobregiro: $ 1.5 millones
• Tarifas de transacción de cajeros automáticos: $ 1.8 millones
• Tasas de transferencia de cables: $ 0.9 millones
• Otras tarifas de servicio bancario: $ 0.9 millones

Servicios de inversión y gestión de patrimonio

Los ingresos de los servicios de inversión y gestión de patrimonio en 2023 alcanzaron $ 6.5 millones:

Categoría de servicio	Ganancia
Tarifas de gestión de activos	$ 3.8 millones
Servicios de asesoramiento financiero	$ 1.7 millones
Servicios de planificación de jubilación	$ 1.0 millones

Tarifas de transacción bancaria digital

Las tarifas de transacción bancaria digital para 2023 ascendieron a $ 2.3 millones:

• Tarifas de transacción de banca móvil: $ 1.4 millones
• Tarifas de pago de facturas en línea: $ 0.6 millones
• Tasas de procesamiento de pagos digitales: $ 0.3 millones

Ofertas de productos de banca comercial

Los ingresos por productos de banca comercial para 2023 totalizaron $ 5.6 millones:

Categoría de productos	Ganancia
Servicios de gestión del tesoro	$ 2.7 millones
Productos de crédito comercial	$ 1.9 millones
Servicios bancarios internacionales	$ 1.0 millones

PB Bankshares, Inc. (PBBK) - Canvas Business Model: Value Propositions

You're looking at what PB Bankshares, Inc. offers to its customers that makes them choose Presence Bank over the competition. Honestly, for a community bank, the value proposition hinges on trust and specialized service, not just rates.

The core value is a personalized, community-focused banking experience, backed by an over 100 year history in the community, which gives PB Bankshares, Inc. deep local marketplace knowledge. This culture prioritizes associates, customers, and communities. They are trying to be the most loved bank allowing families and communities to prosper. This local anchor is a major differentiator against larger institutions.

For business clients, the value proposition centers on specialized commercial lending. The strategy, especially since September 2019, has been to grow the loan portfolio by focusing on increasing commercial real estate and commercial and industrial lending. This shift moves away from being just a traditional thrift focused on residential mortgages. As of September 30, 2025, gross loans stood at $357.2 million, with the increase from year-end 2024 primarily driven by the commercial real estate portfolio. Management actively monitors this portfolio, stress-testing the non-owner occupied commercial real estate segment quarterly.

PB Bankshares, Inc. also delivers comprehensive business cash management and treasury services. This service directly supports the strategic goal of improving the net interest margin by helping to control deposit costs. Increasing cash management customers is a stated emphasis for 2025 to achieve this margin improvement. The bank also prides itself on its consistent shareholder returns, having paid its third quarter dividend of $0.59 per share on August 22, 2025, which was its 55th consecutively increased quarterly cash dividend.

The financial performance as of late 2025 supports these value propositions. You see strong profitability, with Q3 2025 net income reported at $0.519 million. This performance is built on solid asset and deposit growth year-over-year as of September 30, 2025, with total assets reaching $1.391 billion, an increase of 8.23% from the prior year. The bank is successfully growing its funding base to support lending activities.

Here's a quick look at the Q3 2025 financial snapshot supporting the value proposition of profitability and growth:

Metric	Q3 2025 Amount	Year-over-Year Change (vs Q3 2024)
Net Income (3 Months Ended Sept 30)	$0.519 million	Positive Growth
Total Interest and Dividend Income (3 Months)	$6.277 million	Increase from $6.011 million
Net Interest Income (3 Months)	$3.377 million	Up from $2.826 million
Earnings per Common Share - Basic (3 Months)	$0.22	Up from $0.18

The bank provides a full suite of deposit products to serve its individual and business customers, which is essential for maintaining a strong deposit base. The total deposits reached $1.179 billion as of September 30, 2025, reflecting an 8.75% increase from September 30, 2024. These deposits fund the loan book, which stood at $1.181 billion at the end of Q3 2025.

The deposit offerings include the necessary components for a community bank:

• Certificates of Deposit (CDs)
• Money Market accounts
• Savings accounts
• Checking accounts

The growth in deposits and loans shows the market is responding to the value PB Bankshares, Inc. is putting forward. For instance, total deposits grew by 8.75% year-over-year to $1.179 billion by September 30, 2025. Finance: draft 13-week cash view by Friday.

PB Bankshares, Inc. (PBBK) - Canvas Business Model: Customer Relationships

PB Bankshares, Inc. operates its subsidiary, Presence Bank, on a strategy centered on being a community bank that delivers personal service to both individual and business customers. This relationship-first approach is a core competitive advantage, built upon over 100 years of local marketplace knowledge. You should note that as of July 7, 2025, the company entered a merger agreement with Norwood Financial Corp., which will see PB Bankshares' shareholders receive either 0.7850 shares of Norwood common stock or $19.75 in cash per share, subject to proration, with closing expected in the first quarter of 2026.

The high-touch element is foundational to the bank's culture, which places associates, customers, and communities at the forefront of its operations. This commitment is reflected in the focus on delivering high quality community banking service, which management explicitly linked to controlling deposit costs by increasing cash management customers. For the first quarter of 2025, core deposits grew $13.4 million Quarter-over-Quarter to $367.6 million.

Dedicated relationship managers are key to offering personalized financial advice, supporting the bank's community focus. While specific staffing numbers for relationship managers aren't public, the financial performance in late 2025 underscores the effectiveness of the model. For the three months ended September 30, 2025, the bank reported net income of $0.519 million, with diluted Earnings per Common Share at $0.22.

Direct service is maintained through a physical presence in local communities. As of March 31, 2025, Presence Bank operated four banking offices and one loan production office across Central and Southeastern Pennsylvania, serving Chester, Lancaster, and Dauphin Counties, with additional service to Cumberland and Lebanon Counties. This physical footprint supports the relationship model.

Metric	Value as of March 31, 2025	Context
Presence Bank Offices	4	Banking Offices
Presence Bank Loan Production Offices	1	Physical Service Points
Presence Bank Consolidated Assets	$467 million	Size of the community bank entity
Counties Served (Directly)	Chester, Lancaster, Dauphin	Primary operational area

Automated self-service complements the in-person interactions, allowing customers to manage routine transactions efficiently. The bank offers several digital tools to meet modern expectations for speed and convenience. You'll find that 79% of businesses consider automation essential in their customer experience strategy in 2025, a trend PB Bankshares, Inc. is addressing through its offerings.

The digital suite includes:

• Online Internet banking access.
• Remote deposit capture capabilities.
• Mobile deposits functionality.
• Commercial cash management tools.

The bank's deposit base shows a reliance on stable, local funding, with uninsured/unsecured deposits being approximately 11.1% of total deposits as of Q1 2025, supported by contingent liquidity equal to 563.3% of those uninsured/unsecured deposits. This suggests that while digital tools are available, the core relationship with depositors remains strong and well-covered.

If onboarding takes 14+ days, churn risk rises, so streamlining digital account opening partnerships is a key industry priority at 49% for institutions in 2025, which is a strategic area to watch for PB Bankshares, Inc. post-merger.

Finance: draft pro-forma customer service expense allocation for the combined entity by Friday.

PB Bankshares, Inc. (PBBK) - Canvas Business Model: Channels

You're looking at how PB Bankshares, Inc., through its subsidiary Presence Bank, gets its value proposition to the market as of late 2025. The physical footprint is concentrated, but the digital offering is key to their strategy, especially with the pending merger.

The physical presence is rooted in Central and Southeastern Pennsylvania, serving its community base. As of March 31, 2025, the operational structure for Presence Bank looked like this:

Channel Type	Location Count	Geographic Focus (as of 3/31/2025)
Banking Offices (Branches)	4	Chester, Lancaster, and Dauphin Counties, Pennsylvania
Loan Production Offices	1	Central and Southeastern Pennsylvania
Administration Offices	1	Central and Southeastern Pennsylvania

The dedicated loan production office is a specific channel aimed squarely at commercial growth, supporting the bank's lending activities outside of the traditional branch teller line.

For digital access, PB Bankshares, Inc. provides core services through electronic means. You can expect the following:

• Online Internet banking access for account management.
• Mobile app functionality for on-the-go banking.

The management commentary from the Q1 2025 report emphasized a strategic push here, noting that 'Increasing cash management customers is helping control our deposit costs while providing high quality community banking service to our customers.'

Cash access and basic account functions are supported through ATM services, though specific network size data isn't publically detailed in the latest filings. The bank does offer services that rely on this infrastructure, such as:

• ATM services for cash withdrawals.
• Balance inquiries via the network.
• Remote deposit capture capabilities.

The company also specifically mentions offering commercial cash management services, which are delivered through these integrated channels.

PB Bankshares, Inc. (PBBK) - Canvas Business Model: Customer Segments

PB Bankshares, Inc., through its subsidiary Presence Bank, targets specific customer groups within its defined Pennsylvania market, focusing on community-centric banking relationships.

The primary geographic concentration for Presence Bank's operations and customer base includes several Pennsylvania counties, reflecting a commitment to local market knowledge.

• Presence Bank operates branches in Coatesville, New Holland, Oxford, and Georgetown, Pennsylvania.
• The bank competes for deposits and loans in Chester, Cumberland, Dauphin, Lancaster, and Lebanon Counties.
• Chester County's total population was estimated at 553,000 for 2024.
• Cumberland County's 2024 population estimate was 273,000.
• Lebanon County's 2024 population estimate was 145,000.
• As of March 24, 2025, PB Bankshares, Inc. had approximately 168 stockholders of record.

Small to mid-sized businesses (SMEs) requiring commercial real estate financing form a core part of the commercial segment, driven by the bank's focus on increasing its commercial real estate loan origination.

Here's the quick math on the loan portfolio composition, which shows the weight of commercial real estate lending as of the end of 2024, which informs the current SME focus:

Loan Category	Balance as of December 31, 2024 (in thousands)	Percentage of Total Loan Portfolio (as of December 31, 2024)
Commercial Real Estate Loans	$205,200	58.7%
One- to Four-Family Residential Real Estate Loans	$103,600	29.6%
Farmland Loans (part of CRE portfolio)	$4,100	2.0%

Gross loans overall increased to $357.2 million at September 30, 2025, primarily due to an increase in the commercial real estate portfolio.

Individual retail customers are served through deposit products and consumer loans. The bank's total deposit base is a key indicator of its retail and small business deposit customer volume.

• Total deposits were $354.2 million at December 31, 2024.
• Total deposits grew to $355.0 million as of September 30, 2025.
• Uninsured and uncollateralized deposits totaled approximately $40.7 million, representing 11.5% of total deposits, as of September 30, 2025.

The bank offers retail banking services such as deposits, online Internet banking, and credit cards to consumers.

Commercial cash management customers are explicitly targeted as part of the bank's strategy to manage deposit costs while maintaining community service quality. The President & CEO stated that 'Increasing cash management customers is helping control our deposit costs while providing high quality community banking service to our customers' for 2025. This segment is served through commercial banking services including deposits and loan services.

PB Bankshares, Inc. (PBBK) - Canvas Business Model: Cost Structure

You're looking at the hard costs PB Bankshares, Inc. (PBBK) faces as it navigates the close of its merger with Norwood Financial Corp. These expenses are the engine room costs before factoring in the one-time transaction fees.

The most significant recurring cost in a bank's structure is the funding cost. For the Trailing Twelve Months (TTM) ending September 30, 2025, the Total Interest Expense was reported at $11.87 million.

Breaking down that interest expense for the TTM period gives you a clearer picture of where that money went:

Cost Component	Amount (Millions USD)	Period
Interest Paid on Customer Deposits	$10.08 million	TTM ending Sep '25
Interest Paid on FHLB Borrowings	$1.79 million	TTM ending Sep '25

Personnel costs are next. While you mentioned a team of 37 employees and the executive team, the latest granular data points to the rising cost of that team. For the six months ended June 30, 2025, Salaries and Employee Benefits totaled $3.023 million. For the second quarter of 2025 alone, this specific line item was $1.553 million.

The overall operational overhead, the Noninterest Expense, is a key metric to watch, especially given the pending transaction. The prompt states the figure for the first half of 2025 was $5.4 million. Looking at the quarterly data confirms this trend, as the Noninterest Expense for the second quarter of 2025 was $2.702 million, which followed the first quarter's $2.7 million expense.

The components driving these operational costs include the physical footprint. PB Bankshares, Inc. (the holding company for Presence Bank) supports its operations with:

• Four banking offices.
• One loan production office.
• One administration office.

These locations contribute directly to the Occupancy and Equipment Costs, which were cited as a driver for the increase in Noninterest Expense for the first quarter of 2025 compared to the prior year period.

Finally, you have the transaction-specific costs. The merger with Norwood Financial Corp. is valued at approximately $54.9 million. The professional fees associated with this deal-legal counsel, financial advisors, and due diligence-will be a significant, non-recurring addition to the cost structure, especially as the parties anticipate closing in late 2025 or early 2026. For instance, the Q1 2025 Noninterest Expense increase was also attributed to compliance costs.

Here's a quick look at the reported Noninterest Expense breakdown for Q1 2025 versus the stated H1 2025 total:

Expense Metric	Amount (Millions USD)	Period
Noninterest Expense	$2.7 million	Q1 2025
Noninterest Expense	$2.702 million	Q2 2025
Noninterest Expense	$5.4 million	First Half of 2025 (as stated)

Finance: draft 13-week cash view by Friday.

PB Bankshares, Inc. (PBBK) - Canvas Business Model: Revenue Streams

You're looking at the core ways PB Bankshares, Inc. brings in money, which is heavily weighted toward traditional banking activities, especially lending. The primary driver is the interest earned on the loans they make, supplemented by fees for services.

The reported Net Interest Income (NII), which is the difference between interest earned on assets and interest paid on liabilities, was $3.377 million for the three months ended September 30, 2025. This shows the core profitability of the balance sheet for that quarter, up from $2.826 million in the same period of 2024. For the nine months ending September 30, 2025, NII reached $58.9 million.

Interest income is generated across the loan portfolio, which management has been strategically shifting. As of December 31, 2024, the focus on commercial lending meant that Commercial Real Estate loans represented 58.7% of the total loan portfolio, amounting to $205.2 million. Residential real estate loans, primarily one- to four-family, owner-occupied mortgages, made up 29.6% of the portfolio, totaling $103.6 million at that same date. The C&I (Commercial and Industrial) and consumer loan segments make up the remainder of the interest-earning assets.

For the twelve months trailing September 30, 2025, the total interest income derived from loans was $20.48 million, with an additional $3.95 million coming from interest income on investments. This results in a Total Interest Income of $24.44 million for that trailing period.

Noninterest income provides diversification. Fees are a key component here. For the first half of 2025, fees totaled $535,000. The total Non-Interest Income for the twelve months trailing September 30, 2025, was reported at $1.44 million, reflecting strong year-over-year growth of 68.62% for the TTM period.

This noninterest revenue stream includes specific charges:

• Service charges and fees from cash management activities.
• Fees associated with deposit accounts.
• Other non-interest income sources, which for the TTM ending September 30, 2025, contributed $0.75 million.

Here's a quick look at the key revenue components for the Trailing Twelve Months (TTM) ending September 30, 2025, in millions USD, based on available data:

Revenue Component	Amount (Millions USD)
Total Interest Income on Loans	20.48
Total Interest Income on Investments	3.95
Total Interest Income	24.44
Net Interest Income (Q3 2025)	3.377
Total Non-Interest Income (TTM)	1.44

The growth in interest income for the nine months ending September 30, 2025, which was $81.1 million in total interest income, was driven by market-related increases in interest rates on new loans and investment securities purchased. Also, the noninterest income for Q2 2025 included higher swap fees, helping to boost that segment.

Finance: draft 13-week cash view by Friday.