PCB Bancorp announced that one of the members of the company's Board of Directors and a former Chairman of the Board, Suk Won Youn, passed away on February 11, 2020. Mr. Youn had served as a member of the Board of Pacific City Bank since 2005 and the Company since its formation in 2007. At a special meeting held on February 12, 2020, the Board reduced the size of the Board by one member to six, and has no immediate plans to seek a replacement for Director Youn. Director Youn was a member of the Nominating and Governance Committee.