RBBMEDIUM SIGNALMANAGEMENT10-K

RBB Bancorp has substantially enhanced its cybersecurity governance structure with detailed disclosure of new IT Committee leadership roles and executive qualifications.

The addition of specific cybersecurity governance details, including qualified CIO and ISO positions with extensive financial services experience, suggests proactive risk management in response to heightened regulatory focus on cyber threats in banking. This enhanced disclosure framework demonstrates management's commitment to addressing one of the most critical operational risks facing regional banks today.

Comparing 2026-03-09 vs 2025-03-17View on EDGAR →
FINANCIAL ANALYSIS

RBB's balance sheet was substantially strengthened with stockholders' equity nearly doubling year-over-year, while cash reserves declined modestly by 18%. Operating cash flow decreased by approximately 26% and share buybacks were reduced by about one-third, suggesting a more conservative capital allocation approach. The modest increase in credit loss provisions reflects a cautious but stable credit environment for this regional bank.

FINANCIAL STATEMENT CHANGES
Stockholders Equity
Balance Sheet
+97.4%
$265.2M→$523.4M

Equity base grew 97.4% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Share Buybacks
Cash Flow
-32.4%
$20.7M→$14.0M

Buyback activity reduced 32.4% — capital being redeployed elsewhere or cash conservation underway.

Operating Cash Flow
Cash Flow
-25.8%
$58.5M→$43.4M

Operating cash flow softened — monitor whether temporary working capital timing or structural deterioration.

Provision for Credit Losses
P&L
+24.7%
$4.0M→$4.9M

Loss provisions increased 24.7% — building reserves against anticipated credit deterioration.

Cash & Equivalents
Balance Sheet
-17.6%
$257.7M→$212.3M

Cash decreased 17.6% — monitor burn rate and upcoming capital needs.

LANGUAGE CHANGES
NEW — 2026-03-09
PRIOR — 2025-03-17
ADDED
rbb20251231_10k.htm 0001499422 RBB Bancorp false --12-31 FY 2025 true true true true The membership of the IT Committee includes members of the executive management team and directors of the Company.
The CIO and ISO actively participate in all IT Committee meetings.
The CIO has over 20 years of work experience in the development, operation and management of Information Technology at financial institutions.
The ISO has over 10 years of work experience in building and overseeing cybersecurity programs at financial institutions.
Both CIO and ISO have extensive experience and qualifications in various technology and information security disciplines, including relevant experience at the Company.
Additionally, the Audit Committee has oversight of the management of cybersecurity risk via validation and review of IT and cybersecurity risk assessments and audits.
The ISO provides reporting metrics on cybersecurity risks to the IT Committee, which meets at least four times a year.
The IT and Audit Committees assist the Board of Directors in its oversight.
The membership of the IT Committee includes members of the executive management team and directors of the Company.
The CIO and ISO actively participate in all IT Committee meetings.
REMOVED
We had no loans that were 90 days or more past due and still accruing.
Represents applicable tenor spread adjustment when the original Libor index was discontinued on June 30, 2023 Other fees consist of wealth management fees, miscellaneous loan fees and postage/courier fees.
Primarily represents: Net loan servicing income, letter of credit commissions, import/export commissions, recoveries on purchased loans, BOLI income, gains (losses) on sales of loans, and CDFI Equitable Recovery Program and Bank Enterprise Award.
A C I loan of $4.7 million is secured by a SFR and is cross collateralized with a CRE loan with a specific reserve.
Represents the impact of the adoption of Accounting Standards Update ASU 2016-13, Financial Instruments Credit Losses (Topic 326) on January 1, 2022.
Net of premiums (discounts) on acquired loans and deferred (fees) and costs.
financial regulatory system such as increased costs of compliance and other risks associated with changes in regulation, including any amendments to the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"); the impact of changes in the FDIC insurance assessment rate and the rules and regulations related to the calculation of the FDIC insurance assessments; the effect of changes in accounting policies and practices or accounting standards, as may be adopted from time-to-time by bank regulatory agencies, the U.S.
These and other factors are further described in this Annual Report (at Item 1A.
Risk Factors in particular), our other reports filed with the SEC and other filings we make with the SEC from time to time.
Actual results in any future period may also vary from the past results discussed in this report.
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