PB Bankshares IncNASDAQ PBBK Stock Report

PB Bankshares, Inc. operates as a bank holding company, which engages in the provision of financial services. The company is headquartered in Coatesville, Pennsylvania and currently employs 36 full-time employees. The company went IPO on 2021-07-15. Its principal business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, primarily in commercial real estate loans, commercial and industrial loans, construction, home equity lines of credit and to a lesser extent, one- to four-family residential real estate loans and consumer loans. The company also offers a variety of deposit accounts, including demand deposit accounts, savings accounts, money market accounts and certificate of deposit accounts. The Bank conducts its business from its main office and three branch offices, which are located in Chester and Lancaster Counties, Pennsylvania. The Bank also has its operations in Lebanon, Dauphin and Cumberland Counties, Pennsylvania. The Bank has two loan production offices in Harrisburg and Elizabethtown.