- CEO
- Janak Amin
- Full Time Employees
- 37
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 185 East Lincoln Highway Coatesville PA United States of America 19320
- IPO Date
- Jul 15, 2021
- Business
- PB Bankshares, Inc. is a bank holding company for Presence Bank, a community bank that provides retail and commercial banking products and services to individuals and businesses in Pennsylvania; core offerings include demand deposit accounts, savings accounts, money market accounts and certificates of deposit; one- to four-family residential real estate loans, commercial real estate loans, commercial and industrial loans, construction loans and consumer loans; home equity lines of credit; cash management services such as remote deposit capture, commercial cash management and mobile deposits; and investments in debt securities. Presence Bank also offers rewards checking accounts with competitive interest rates, free identity theft protection and worldwide ATM access; mobile banking with deposit capabilities, bill pay and transfers; and business checking and savings accounts with low minimums, free transactions and tools like purchasing cards and account sweeps. Founded in 1919 and headquartered in Coatesville, Pennsylvania, the bank operates branches serving customers primarily in central and southeastern Pennsylvania with a focus on personal service and community involvement, including over $163,000 in donations since 2016. In July 2025, PB Bankshares entered into a definitive merger agreement with Norwood Financial Corp. (NASDAQ: NWFL) valued at approximately $54.9 million, under which PB Bankshares will merge into Norwood with Presence Bank merging into Wayne Bank; the transaction, representing 106.6% of PB Bankshares' March 31, 2025 tangible book value, includes shareholders electing Norwood common stock or cash consideration (80% stock, 20% cash aggregate) and awaits regulatory approvals and shareholder vote expected in late 2025 or early 2026.