Regulation FD Presentation (Form 8-K)

FOR IMMEDIATE RELEASE

CALPRIVATE BANK ANNOUNCES APPOINTMENT OF NEW CHIEF CREDIT OFFICER.

La Jolla, Calif. - August 17, 2026 (GLOBE NEWSWIRE) - Private Bancorp of America, Inc. (PBAM) ("Company"), the parent company of CalPrivate Bank ("Bank") announced the appointment of Andra Frazier as the Bank's new Executive Vice President and Chief Credit Officer. Ms. Frazier brings decades of diverse experience working in the banking industry at both regional and community banks to support CalPrivate Bank's strategic growth and credit risk management.

Rick Sowers, President and Chief Executive Officer of the Company and Bank stated, "We are thrilled to have Andra join us and lead our Team of seasoned credit professionals. Her background and experience fit nicely with our credit and risk management culture. She has a growth mindset and we look forward to her contributions."

"I am very excited to join the CalPrivate Bank Team! I have always admired its culture, leadership, and the work being done here, and am looking forward to contributing to the success of the company," said Ms. Frazier. "As Henry Ford once said, 'if everyone moves forward together, then success takes care of itself.' It is a privilege to join such a talented group of professionals and am eager to bring my expertise to support the company's growth. I am confident that together we will accomplish great things!"

About Private Bancorp of America, Inc.

Private Bancorp of America, Inc. (NASDAQ: PBAM) is the holding company for CalPrivate Bank, which operates offices in Coronado, San Diego, La Jolla, Newport Beach, El Segundo, Beverly Hills, and Montecito, as well as through efficient digital banking services. CalPrivate Bank is driven by its core values of building client Relationships based on superior funding Solutions, unparalleled Service, and mutual Trust. CalPrivate Bank caters to high-net-worth individuals, professionals, closely held businesses, and real estate entrepreneurs, delivering a Distinctly Different™ personalized banking experience while leveraging cutting-edge technology to enhance our clients' evolving needs. CalPrivate Bank is in the top tier of customer service survey ratings in the nation, scoring almost three times higher than the median domestic bank. CalPrivate Bank offers comprehensive deposit and treasury services, rapid and creative loan options including various portfolio and government-guaranteed lending programs, and innovative, unique technologies that drive enhanced client performance. CalPrivate Bank has been recognized by Bank Director's RankingBanking® as the 10th best bank in the country and the #1 bank in its asset class for both return on assets (ROA) and return on equity (ROE). CalPrivate Bank was also ranked in the top 5% of banks in the U.S. with assets between $2B and $10B by American Banker for both 2024 and 2025. Additionally, CalPrivate Bank is a Bauer Financial 5-star rated bank, an SBA Preferred Lender, and has been honored as Community

Bank SBA 504 Lender of the Year by the NADCO Community Impact Awards, exemplifying excellence in the banking industry. These prestigious rankings highlight the Bank's commitment to delivering exceptional banking services and setting new industry standards.

As of June 30, 2026, the Company had $2.71 billion in assets, $2.13 billion in loans and $2.38 billion in deposits. For the quarter ended June 30, 2026, net income was $13.1 million and earnings per diluted share was $2.27.

Learn more at www.investors.pbam.com.

Investor Relations Contact

Rick Sowers

President and Chief Executive Officer

Private Bancorp of America, Inc.

(424) 303-4894

Cory Stewart

Executive Vice President and Chief Financial Officer

Private Bancorp of America, Inc.

(206) 293-3669

Email: [email protected]