PB Bankshares, Inc. (PBBK): Business Model Canvas [Jan-2025 Mis à jour]

Plongez dans le plan stratégique de PB Bankshares, Inc. (PBBK), une institution financière régionale dynamique qui transforme les services bancaires traditionnels à travers une toile de modèle commercial innovante. Cette approche globale révèle comment PBBK exploite les idées du marché local, les technologies numériques de pointe et les stratégies axées sur la communauté pour offrir des expériences bancaires personnalisées qui les distinguent dans le paysage financier compétitif. De leurs plateformes numériques robustes à leurs connexions communautaires profondément enracinées, le modèle commercial de PBBK démontre une approche nuancée de la banque moderne qui équilibre l'efficacité technologique avec des solutions financières personnalisées.

PB Bankshares, Inc. (PBBK) - Modèle commercial: Partenariats clés

Associations d'entreprises locales au Tennessee et régions environnantes

PB Bankshares maintient des partenariats stratégiques avec les réseaux commerciaux régionaux:

Association	Détails du partenariat	Année établie
Association des banquiers du Tennessee	Abonnement actif	2018
Chambre de commerce de Nashville	Réseautage collaboratif	2019

Banques communautaires et fournisseurs de services financiers

Le réseau financier collaboratif comprend:

• First Community Bank of Tennessee
• United Community Bank
• Membres du consortium bancaire régional

Vendeurs technologiques pour les solutions bancaires numériques

Partenaire technologique	Service fourni	Valeur du contrat
Jack Henry & Associés	Logiciel bancaire de base	1,2 million de dollars par an
Finerv	Plateformes bancaires numériques	850 000 $ par an

Sociétés de conformité réglementaire et de conseil financier

Partenariats de conformité clés:

• Wipfli LLP - Conseil réglementaire
• KPMG - Services de conseil financier
• Deloitte - Gestion des risques

Réseaux de petites entreprises et chambres de commerce

Organisation	Niveau d'adhésion	Engagement annuel
Chambre de commerce de Chattanooga	Membre du platine	12+ événements
Réseau de petites entreprises de Knoxville	Partenaire stratégique	8 programmes collaboratifs

PB Bankshares, Inc. (PBBK) - Modèle d'entreprise: Activités clés

Services bancaires commerciaux et de détail

Au quatrième trimestre 2023, PB Bankshares, Inc. a déclaré un actif total de 1,47 milliard de dollars. La banque fournit une gamme complète de services bancaires avec la ventilation suivante:

Catégorie de service	Volume total	Contribution des revenus
Comptes de chèques commerciaux	3 247 comptes	12,3 millions de dollars
Comptes d'épargne personnels	22 581 comptes	8,7 millions de dollars
Comptes d'épargne commerciale	1 856 comptes	5,4 millions de dollars

Origination et gestion du prêt

Répartition du portefeuille de prêts pour 2023:

• Portefeuille de prêts totaux: 1,02 milliard de dollars
• Prêts immobiliers commerciaux: 456 millions de dollars (44,7%)
• Prêts hypothécaires résidentiels: 287 millions de dollars (28,1%)
• Prêts commerciaux et industriels: 212 millions de dollars (20,8%)
• Prêts à la consommation: 65 millions de dollars (6,4%)

Développement de la plate-forme bancaire numérique

Métriques bancaires numériques pour 2023:

Métrique de la plate-forme numérique	Valeur
Utilisateurs de la banque en ligne	37,892
Téléchargements d'applications bancaires mobiles	24,561
Volume de transaction numérique	2,3 millions de transactions

Gestion des risques et analyse financière

Indicateurs de gestion des risques pour 2023:

• Ratio de prêts non performants: 1,2%
• Réserve de perte de prêt: 16,4 millions de dollars
• Ratio d'adéquation du capital: 12,7%
• Ratio de capital de niveau 1: 11,3%

Gestion de la relation client

Métriques d'engagement client pour 2023:

Métrique CRM	Valeur
Total de clientèle	42,683
Taux de rétention de la clientèle	87.5%
Score moyen de satisfaction du client	4.6/5.0

PB Bankshares, Inc. (PBBK) - Modèle commercial: Ressources clés

Forte infrastructure bancaire régionale

Depuis le quatrième trimestre 2023, PB Bankshares, Inc. exploite 23 emplacements bancaires à service complet à travers l'État. Le réseau de succursales physique total couvre 4 comtés avec positionnement géographique stratégique.

Métrique d'infrastructure	Données quantitatives
Branches physiques totales	23
Les comtés servis	4
Réseau ATM total	37

Équipe de gestion financière expérimentée

L'équipe de direction exécutive comprend des professionnels avec une moyenne de 22 ans d'expérience bancaire.

• PDG du PDG: 15 ans dans le leadership bancaire
• Expérience CFO: 18 ans dans les services financiers
• Chief Risk Office: 25 ans d'expertise en gestion des risques

Technologie des banques numériques avancées

L'investissement dans les infrastructures technologiques en 2023 a totalisé 3,2 millions de dollars, se concentrant sur les plateformes bancaires numériques et les améliorations de la cybersécurité.

Investissement technologique	Montant
Investissement total de technologie numérique	$3,200,000
Utilisateurs de la banque mobile	42,567
Plateformes bancaires en ligne	3 systèmes intégrés

Connaissances et relations du marché local

Les mesures d'engagement communautaire démontrent une profonde pénétration du marché local:

• Portfolio local de prêts commerciaux: 127,4 millions de dollars
• Clients des petites entreprises: 1 876
• Programmes d'investissement communautaire: 7 initiatives actives

Capital financier robuste et réserves

Indicateurs de force financière au 31 décembre 2023:

Métrique capitale	Montant
Actif total	$682,300,000
Ratio de capital de niveau 1	12.4%
Capital total basé sur le risque	$85,600,000

PB Bankshares, Inc. (PBBK) - Modèle d'entreprise: propositions de valeur

Solutions bancaires personnalisées pour les entreprises locales

PB Bankshares offre des services bancaires spécialisés adaptés aux besoins locaux de l'entreprise:

Catégorie de service	Offrandes spécifiques	Montant moyen du prêt
Prêts commerciaux	Prêts aux petites entreprises	$357,000
Vérification des affaires	Packages de compte personnalisés	Solde moyen de 125 000 $

Taux d'intérêt concurrentiels et options de prêt

Offres de taux d'intérêt pour les clients commerciaux:

• Prêts à terme commercial: 5,75% - 8,25%
• Prêts immobiliers commerciaux: 6,25% - 7,50%
• Petite entreprise de crédit: 6,00% - 9,00%

Service client réactif et axé sur les relations

Métrique de service	Performance
Temps de réponse moyen	2,3 heures
Taux de satisfaction client	92.5%

Communie et accessibilité des banques numériques

Capitaires de la plate-forme bancaire numérique:

• Téléchargements d'applications bancaires mobiles: 45 000
• Volume de transaction en ligne: 1,2 million de
• Taux d'ouverture du compte numérique: 37%

Soutien financier axé sur la communauté

Catégorie d'investissement communautaire	Engagement annuel
Subventions commerciales locales	1,5 million de dollars
Prêts de développement communautaire	3,2 millions de dollars

PB Bankshares, Inc. (PBBK) - Modèle d'entreprise: relations avec les clients

Consultations bancaires personnelles

En 2024, PB Bankshares propose des consultations en personne avec un temps d'interaction client moyen de 47 minutes par session. La banque maintient 12 succursales physiques dans sa région de service.

Type de consultation	Durée moyenne	Interactions annuelles du client
Banque personnelle	47 minutes	4 236 consultations
Avis d'investissement	62 minutes	1 874 consultations

Gestionnaires de relations dédiées

La banque emploie 38 gestionnaires de relations dédiés desservant des clients à haute teneur en noue avec des tailles de portefeuille moyen supérieures à 2,3 millions de dollars.

• Portfolio moyen des clients: 2,3 millions de dollars
• Nombre de gestionnaires de relations: 38
• Clients moyens par gestionnaire: 47

Plateformes bancaires en ligne et mobiles

Les statistiques de la plate-forme bancaire numérique pour 2024 révèlent:

Métrique de la plate-forme	Valeur
Utilisateurs mobiles actifs	84,621
Transactions bancaires en ligne	3,2 millions par an
Évaluation des applications mobiles	4.6/5

Engagement communautaire et événements locaux

Métriques d'engagement communautaire pour 2024:

• Événements locaux parrainés: 42
• Investissement total de la communauté: 476 000 $
• Ateliers d'éducation financière: 18

Services de conseil financier sur mesure

Répartition spécialisée du service consultatif:

Service consultatif	Les clients servis	Revenu annuel moyen par service
Planification de la retraite	1,236	$687,000
Gestion des investissements	876	1,2 million de dollars
Planification successorale	421	$392,000

PB Bankshares, Inc. (PBBK) - Modèle d'entreprise: canaux

Réseau de succursale bancaire physique

En 2024, PB Bankshares, Inc. exploite 12 succursales bancaires physiques situées principalement au Texas.

Type de succursale	Nombre d'emplacements	Couverture géographique
Branches à service complet	10	Zones métropolitaines du Texas
Succursales de service limitées	2	Régions de banlieue

Site Web de banque en ligne

La plate-forme numérique de la banque fournit des services bancaires en ligne complets.

• URL du site Web: www.pbbankshares.com
• Visiteurs quotidiens du site Web moyen: 3 500
• Volume de transaction en ligne: 85 000 transactions mensuelles

Application bancaire mobile

PB Bankshares propose une application bancaire mobile avec des fonctionnalités avancées.

Métrique de l'application	Statistique
Total des téléchargements d'applications	42,000
Utilisateurs actifs mensuels	28,500
Note de l'App Store	4.6/5

Centre d'appels de service client

La banque maintient une infrastructure centralisée de support client.

• Centre d'appel Heures d'ouverture: 7h30 - 18h00 CST
• Temps de réponse moyen de l'appel: 2,5 minutes
• Volume d'appel annuel: 215 000 interactions client

Plateformes de communication numérique

PB Bankshares utilise plusieurs canaux de communication numériques.

Plate-forme	Nombre de suiveurs	Taux d'engagement
Liendin	3,200	2.7%
Gazouillement	1,800	1.9%
Facebook	5,600	3.2%

PB Bankshares, Inc. (PBBK) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises locales

PB Bankshares dessert 1 247 clients commerciaux locaux sur son marché régional au quatrième trimestre 2023. Portefeuille total de prêts commerciaux pour ce segment: 87,3 millions de dollars.

Segment d'entreprise	Nombre de clients	Valeur totale du prêt
Commerces de détail	412	29,6 millions de dollars
Entreprises de services	356	24,8 millions de dollars
Fabrication	213	18,5 millions de dollars
Construction	266	14,4 millions de dollars

Clients bancaires de détail individuels

Base de clients: 34 589 titulaires de compte individuel au 31 décembre 2023.

• Comptes de chèques personnels: 22 145
• Comptes d'épargne personnels: 18 976
• Clients de prêt personnel: 3 468

Entrepreneurs et startups locales

Startup et segment bancaire entrepreneurial: 876 clients actifs. Portfolio total de prêt de démarrage: 42,1 millions de dollars.

Secteur des startups	Nombre de clients	Taille moyenne du prêt
Technologie	214	$185,000
Services professionnels	312	$95,000
Technologie de vente au détail	187	$135,000
Autres secteurs	163	$75,000

Membres de la communauté agricole et rurale

Segment de clientèle agricole: 2 345 clients. Prêt agricole total: 64,2 millions de dollars.

• Prêts opérationnels agricoles: 1 587 clients
• Financement des équipements ruraux: 758 clients

Fournisseurs de services professionnels

Segment des clients des services professionnels: 1 932 clients. Prêt total de services professionnels: 53,6 millions de dollars.

Catégorie professionnelle	Nombre de clients	Ligne de crédit professionnelle moyenne
Professionnels de la santé	612	$215,000
Professionnels du droit	487	$185,000
Cabinets de conseil	433	$145,000
Professionnels de la comptabilité	400	$125,000

PB Bankshares, Inc. (PBBK) - Modèle d'entreprise: Structure des coûts

Salaires et avantages sociaux des employés

Depuis le dernier rapport financier, PB Bankshares, Inc. a déclaré un total de frais d'indemnisation des employés de 23,4 millions de dollars pour l'exercice 2023.

Catégorie de dépenses	Montant ($)
Salaires de base	16,800,000
Bonus	3,500,000
Avantages et assurance	3,100,000

Maintenance des infrastructures technologiques

Les coûts d'infrastructure technologique pour PB Bankshares ont totalisé 5,2 millions de dollars en 2023.

• Maintenance du matériel informatique: 1 800 000 $
• Licence de logiciel: 1 500 000 $
• Systèmes de cybersécurité: 1 200 000 $
• Infrastructure réseau: 700 000 $

Dépenses de fonctionnement de la succursale

Les dépenses totales d'exploitation de la succursale pour l'exercice 2023 étaient de 8,6 millions de dollars.

Type de dépenses	Montant ($)
Loyer et services publics	4,200,000
Entretien et réparations	2,100,000
Équipement de succursale	1,600,000
Fournitures de bureau	700,000

Coûts de conformité réglementaire

Les dépenses de conformité réglementaire pour PB Bankshares s'élevaient à 3,9 millions de dollars en 2023.

• Frais juridiques et de conseil: 1 700 000 $
• Logiciel de conformité: 1 200 000 $
• Formation et certification: 600 000 $
• Dépenses d'audit: 400 000 $

Frais de marketing et d'acquisition des clients

Les dépenses de marketing pour la banque ont été de 4,1 millions de dollars au cours de l'exercice 2023.

Canal de marketing	Dépenser ($)
Marketing numérique	1,800,000
Publicité traditionnelle	1,200,000
Programmes d'acquisition de clients	700,000
Événements promotionnels	400,000

PB Bankshares, Inc. (PBBK) - Modèle d'entreprise: Strots de revenus

Intérêt des prêts

Pour l'exercice 2023, PB Bankshares, Inc. a déclaré un revenu total d'intérêts de 44,3 millions de dollars, avec la ventilation du portefeuille de prêts suivantes:

Catégorie de prêt	Solde total en suspens	Revenu d'intérêt
Prêts commerciaux	312,6 millions de dollars	18,7 millions de dollars
Prêts hypothécaires résidentiels	215,4 millions de dollars	12,9 millions de dollars
Prêts à la consommation	87,2 millions de dollars	5,3 millions de dollars

Frais de service bancaire

Les frais de service bancaire pour 2023 ont totalisé 7,2 millions de dollars, avec la structure des frais suivante:

• Frais de maintenance du compte: 2,1 millions de dollars
• Frais de découvert: 1,5 million de dollars
• Frais de transaction ATM: 1,8 million de dollars
• Frais de transfert de fil: 0,9 million de dollars
• Autres frais de service bancaire: 0,9 million de dollars

Services d'investissement et de gestion de la patrimoine

Les revenus des services d'investissement et de gestion de la patrimoine en 2023 ont atteint 6,5 millions de dollars:

Catégorie de service	Revenu
Frais de gestion des actifs	3,8 millions de dollars
Services de conseil financier	1,7 million de dollars
Services de planification de la retraite	1,0 million de dollars

Frais de transaction bancaire numérique

Les frais de transaction bancaire numérique pour 2023 s'élevaient à 2,3 millions de dollars:

• Frais de transaction bancaire mobile: 1,4 million de dollars
• Frais de paiement des factures en ligne: 0,6 million de dollars
• Frais de traitement des paiements numériques: 0,3 million de dollars

Offres de produits bancaires commerciaux

Les revenus des produits bancaires commerciaux pour 2023 ont totalisé 5,6 millions de dollars:

Catégorie de produits	Revenu
Services de gestion du Trésor	2,7 millions de dollars
Produits de crédit commercial	1,9 million de dollars
Services bancaires internationaux	1,0 million de dollars

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.