CBB Bank Announces Leadership Change

Leadership Change - CBB Bancorp, Inc. announced the appointment of Seungho Park as President and CEO, effective November 21, 2025, replacing Richard Koh [1][3] - Seungho Park has over 29 years of experience in the financial industry, previously serving as Executive Vice President and Chief Commercial Banking Officer at CBB Bank [2] Company Overview - CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, which specializes in small-to-medium-sized businesses and operates under the name "CBB Bank" [4] - The Bank has twelve full-service branches across Los Angeles, Orange, and Dallas Counties, as well as locations in Honolulu, Hawaii, and Fort Lee, New Jersey [4] Financial Performance - CBB Bancorp reported a net income of $4.5 million for the third quarter of 2025, or $0.43 per diluted share, an increase from $4.4 million or $0.41 per diluted share in the second quarter of 2025 [7] - The net interest margin expanded to 3.49% in the third quarter of 2025, compared to 3.40% in the previous quarter [7] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.125 per common share, payable on November 21, 2025, to stockholders of record as of November 7, 2025 [6]