# EDGAR Filing Document

**Accession Number:** 0001353254
**File Stem:** 0000895345-23-000111
**Filing Date:** 2023-2
**Character Count:** 30365
**Document Hash:** 9268e052b856100d46f0bacfd752bb4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000895345-23-000111.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0000895345-23-000111

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**GROUP MEMBERS**: EJF DEBT OPPORTUNITIES GP, LLC

**GROUP MEMBERS**: EJF DEBT OPPORTUNITIES MASTER FUND, L.P.

**GROUP MEMBERS**: EJF FINANCIAL SERVICES FUND, LP

**GROUP MEMBERS**: EJF FINANCIAL SERVICES GP, LLC

**GROUP MEMBERS**: EMANUEL J. FRIEDMAN

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PCB BANCORP
- **CENTRAL INDEX KEY:** 0001423869
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 208856755
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90604
- **FILM NUMBER:** 23622354

**BUSINESS ADDRESS:**
- **STREET 1:** 3701 WILSHIRE BLVD
- **STREET 2:** SUITE 900
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90010
- **BUSINESS PHONE:** 213-210-2000

**MAIL ADDRESS:**
- **STREET 1:** 3701 WILSHIRE BLVD
- **STREET 2:** SUITE 900
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PACIFIC CITY FINANCIAL CORP
- **DATE OF NAME CHANGE:** 20080114
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EJF Capital LLC
- **CENTRAL INDEX KEY:** 0001353254
- **IRS NUMBER:** 202815526
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 2107 WILSON BOULEVARD
- **STREET 2:** SUITE 410
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22201
- **BUSINESS PHONE:** 703-875-0591

**MAIL ADDRESS:**
- **STREET 1:** 2107 WILSON BOULEVARD
- **STREET 2:** SUITE 410
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22201

**UNITED STATES**<br> **SECURITIES AND EXCHANGE COMMISSION**<br> **Washington, D.C. 20549**<br>

#### SCHEDULE 13G<br> Under the Securities Exchange Act of 1934<br> (Amendment No. 4)

PCB Bancorp<br>

(Name of Issuer)

Common Stock, no par value per share<br>

(Title of Class of Securities)

69320M109<br>

(CUSIP Number)

December 31, 2022<br>

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

---

| | |
|:---|:---|
| **CUSIP No. 69320M109** | **13G** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | EJF Capital LLC | EJF Capital LLC |
| **1** | EJF Capital LLC | EJF Capital LLC |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☒ | (b)☒ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Delaware | Delaware |
| **4** | Delaware | Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 351404 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 351404 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 351404 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 351404 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 351404 | 351404 |
| **9** | 351404 | 351404 |
| **10** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 2.4% (1) | 2.4% (1) |
| **11** | 2.4% (1) | 2.4% (1) |
| **12** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |
| **12** | IA | IA |
| **12** | IA | IA |

---

(1) Based on 14,625,474 shares of common stock, no par value per share ("Common Stock") outstanding as of December 31, 2022, as disclosed in the Issuer's Form 8-K filed with the U.S. Securities and Exchange
 Commission ("SEC") on January 26, 2023.

------

---

| | |
|:---|:---|
| **CUSIP No. 69320M109** | **13G** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | Emanuel J. Friedman | Emanuel J. Friedman |
| **1** | Emanuel J. Friedman | Emanuel J. Friedman |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☒ | (b)☒ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | United States | United States |
| **4** | United States | United States |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 351404 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 351404 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 351404 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 351404 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 351404 | 351404 |
| **9** | 351404 | 351404 |
| **10** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 2.4% (1) | 2.4% (1) |
| **11** | 2.4% (1) | 2.4% (1) |
| **12** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |
| **12** | IN | IN |
| **12** | IN | IN |

---

(1) Based on 14,625,474 shares of Common Stock outstanding as of December 31, 2022, as disclosed in the Issuer's Form 8-K filed with the SEC on January 26,
 2023. <br>

------

---

| | |
|:---|:---|
| **CUSIP No. 69320M109** | **13G** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | EJF Debt Opportunities Master Fund, L.P. | EJF Debt Opportunities Master Fund, L.P. |
| **1** | EJF Debt Opportunities Master Fund, L.P. | EJF Debt Opportunities Master Fund, L.P. |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☒ | (b)☒ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Cayman Islands | Cayman Islands |
| **4** | Cayman Islands | Cayman Islands |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 0 | 0 |
| **9** | 0 | 0 |
| **10** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 0% | 0% |
| **11** | 0% | 0% |
| **12** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |
| **12** | PN | PN |
| **12** | PN | PN |

---

------

---

| | |
|:---|:---|
| **CUSIP No. 69320M109** | **13G** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | EJF Debt Opportunities GP, LLC | EJF Debt Opportunities GP, LLC |
| **1** | EJF Debt Opportunities GP, LLC | EJF Debt Opportunities GP, LLC |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☒ | (b)☒ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Delaware | Delaware |
| **4** | Delaware | Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 0 | 0 |
| **9** | 0 | 0 |
| **10** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 0% | 0% |
| **11** | 0% | 0% |
| **12** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |
| **12** | OO | OO |
| **12** | OO | OO |

---

------

---

| | |
|:---|:---|
| **CUSIP No. 69320M109** | **13G** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | EJF Financial Services Fund, LP | EJF Financial Services Fund, LP |
| **1** | EJF Financial Services Fund, LP | EJF Financial Services Fund, LP |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☒ | (b)☒ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Delaware | Delaware |
| **4** | Delaware | Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 203317 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 203317 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 203317 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 203317 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 203317 | 203317 |
| **9** | 203317 | 203317 |
| **10** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 1.4% (1) | 1.4% (1) |
| **11** | 1.4% (1) | 1.4% (1) |
| **12** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |
| **12** | IA | IA |
| **12** | IA | IA |

---

(1) Based on 14,625,474 shares of Common Stock outstanding as of December 31, 2022, as disclosed in the Issuer's Form 8-K filed with the SEC on
 January 26, 2023.

------

---

| | |
|:---|:---|
| **CUSIP No. 69320M109** | **13G** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | EJF Financial Services GP, LLC | EJF Financial Services GP, LLC |
| **1** | EJF Financial Services GP, LLC | EJF Financial Services GP, LLC |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☒ | (b)☒ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Delaware | Delaware |
| **4** | Delaware | Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 203317 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 203317 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 203317 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 203317 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 203317 | 203317 |
| **9** | 203317 | 203317 |
| **10** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 1.4% (1) | 1.4% (1) |
| **11** | 1.4% (1) | 1.4% (1) |
| **12** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |
| **12** | IA | IA |
| **12** | IA | IA |

---

(1) Based on 14,625,474 shares of Common Stock outstanding as of December 31, 2022, as disclosed in the Issuer's Form 8-K filed with the SEC on
 January 26, 2023.

------

---

| | |
|:---|:---|
| **Item 1. (a)** | **Name of Issuer** |

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PCB Bancorp

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| | |
|:---|:---|
| **Item 1. (b)** | **Address of Issuer's Principal Executive Offices** |

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3701 Wilshire Boulevard, Suite 900

Los Angeles, CA 90010

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| | |
|:---|:---|
| **Item 2. (a)** | **Name of Person Filing** |

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This Amendment No. 3 to Schedule 13G is being filed on behalf of the following persons (the "Reporting Persons")\*:

(i) EJF Capital LLC;

(ii) Emanuel J. Friedman;

(iii) EJF Debt Opportunities Master Fund, L.P.;

(iv) EJF Debt Opportunities GP, LLC;

(v) EJF Financial Services Fund, LP; and

(vi) EJF Financial Services GP, LLC

<br> \*Attached as Exhibit A is a copy of an agreement among the Reporting Persons that this Amendment No. 4 to Schedule 13G is being filed on behalf of each of them

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| | |
|:---|:---|
| **Item 2. (b)**<br>| **Address of Principal Business Office or, if None, Residence** |

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The address of the principal business office of each Reporting Person is:

2107 Wilson Boulevard

Suite 410

Arlington, VA 22201

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| | |
|:---|:---|
| **Item 2. (c)** | **Citizenship** |

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See Item 4 of the attached cover pages.

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| | |
|:---|:---|
| **Item 2. (d)**<br>| **Title of Class of Securities** |

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Common Stock, no par value per share ("Common Stock")

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| | |
|:---|:---|
| **Item 2. (e)** | **CUSIP Number** |

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69320M109

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| | |
|:---|:---|
| **Item 3.** | **If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:** |

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Not Applicable.

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| | |
|:---|:---|
| **Item 4.**<br>| **Ownership** |

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| | |
|:---|:---|
| (a) | Amount beneficially owned: |
|  | See Item 9 of the attached cover pages. |
| (b) | Percent of class: |
|  | See Item 11 of the attached cover pages. |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: |
|  | See Item 5 of the attached cover pages. |
| (ii) | Shared power to vote or to direct the vote: |
|  | See Item 6 of the attached cover pages. |
| (iii) | Sole power to dispose or to direct the disposition: |
|  | See Item 7 of the attached cover pages. |
| (iv) | Shared power to dispose or to direct the disposition: |
|  | See Item 8 of the attached cover pages. |

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EJF Debt Opportunities Master Fund, L.P. was the record owner of the number of shares of Common Stock previously reported on an Amendment No. 3 to Schedule 13G filed on February 25, 2022 ("Amendment No. 3"), but no longer owns such shares of Common Stock.

EJF Financial Services Fund, LP is the record owner of the shares of Common Stock shown on Item 9 of its respective cover page.

EJF Debt Opportunities GP, LLC is the general partner of EJF Debt Opportunities Master Fund, L.P. and an investment manager of certain affiliates thereof and may be deemed to have had shared beneficial ownership of the shares of Common Stock of which EJF Debt Opportunities Master Fund, L.P. was the record owner. <br>

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EJF Financial Services GP, LLC is the general partner of EJF Financial Services Fund, LP and an investment manager of certain affiliates thereof and may be deemed to share beneficial ownership of the shares of Common Stock of which EJF Financial Services Fund, LP is the record owner.

EJF Capital LLC is the sole member of each of EJF Debt Opportunities GP, LLC and EJF Financial Services GP, LLC and may be deemed to have had shared beneficial ownership of the shares of Common Stock of which EJF Debt Opportunities GP, LLC may have had shared beneficial ownership and to share beneficial ownership of the shares of Common Stock of which EJF Financial Services GP, LLC may share beneficial ownership. EJF Capital LLC also separately manages accounts holding shares of Common Stock and may be deemed to share beneficial ownership of the shares of Common Stock of which the managed accounts, in the aggregate, are the record owners.

Emanuel J. Friedman is the controlling member of EJF Capital LLC and may be deemed to share beneficial ownership of the shares of Common Stock of which EJF Capital LLC may share beneficial ownership.

**Item 5.** **Ownership of Five Percent or Less of a Class**

If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

**Item 6.** **Ownership of More than Five Percent on Behalf of Another Person**

Not Applicable.

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|:---|:---|
| **Item 7.** | **Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company** |

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Not Applicable.

****

<br> ---

| | |
|:---|:---|
| **Item 8.** | **Identification and Classification of Members of the Group** |

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Not Applicable.

****

<br> ---

| | |
|:---|:---|
| **Item 9.**  | **Notice of Dissolution of Group** |

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Not Applicable.

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| | |
|:---|:---|
| **Item 10.**  | **Certification** |

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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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#### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 14, 2023

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| | | |
|:---|:---|:---|
| **EJF CAPITAL LLC** | **EJF CAPITAL LLC** | **EJF CAPITAL LLC** |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

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| | | |
|:---|:---|:---|
| **EMANUEL J. FRIEDMAN** | **EMANUEL J. FRIEDMAN** | **EMANUEL J. FRIEDMAN** |
| By: | /s/ Emanuel J. Friedman | /s/ Emanuel J. Friedman |
|  | Name: | Emanuel J. Friedman |

---

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| | | |
|:---|:---|:---|
| **EJF DEBT OPPORTUNITIES MASTER FUND II, LP** | **EJF DEBT OPPORTUNITIES MASTER FUND II, LP** | **EJF DEBT OPPORTUNITIES MASTER FUND II, LP** |
| By:<br> Its: | EJF DEBT OPPORTUNITIES II GP, LLC<br> General Partner | EJF DEBT OPPORTUNITIES II GP, LLC<br> General Partner |
| By:<br> Its: | EJF CAPITAL LLC<br> Sole Member | EJF CAPITAL LLC<br> Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

---

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| | | |
|:---|:---|:---|
| **EJF DEBT OPPORTUNITIES II GP, LLC** | **EJF DEBT OPPORTUNITIES II GP, LLC** | **EJF DEBT OPPORTUNITIES II GP, LLC** |
| By:<br> Its: | EJF CAPITAL LLC<br> Sole Member | EJF CAPITAL LLC<br> Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

---

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| | | |
|:---|:---|:---|
| **EJF FINANCIAL SERVICES FUND, LP** | **EJF FINANCIAL SERVICES FUND, LP** | **EJF FINANCIAL SERVICES FUND, LP** |
| By:<br> Its: | EJF FINANCIAL SERVICES GP, LLC<br> General Partner | EJF FINANCIAL SERVICES GP, LLC<br> General Partner |
| By: | EJF CAPITAL LLC | EJF CAPITAL LLC |
| Its: | Sole Member | Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

---

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| | | |
|:---|:---|:---|
| **EJF FINANCIAL SERVICES GP, LLC** | **EJF FINANCIAL SERVICES GP, LLC** | **EJF FINANCIAL SERVICES GP, LLC** |
| By:<br> Its: | EJF CAPITAL LLC<br> Sole Member | EJF CAPITAL LLC<br> Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

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#### EXHIBIT A

The undersigned, EJF Capital LLC, a Delaware limited liability company, Emanuel J. Friedman, EJF Debt Opportunities Master Fund, L.P., an exempted limited partnership organized under the laws of the Cayman Islands, EJF Debt Opportunities GP, LLC, a Delaware limited liability company, EJF Financial Services Fund, LP, a Delaware limited partnership, and EJF Financial Services GP, LLC, a Delaware limited liability company, hereby agree and acknowledge that the information required by this Amendment No. 4 to Schedule 13G, to which this Agreement is attached as an exhibit, is filed on behalf of each of them. The undersigned further agree that any further amendments or supplements thereto shall also be filed on behalf of each of them.

Dated: February 14, 2023

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| | | |
|:---|:---|:---|
| **EJF CAPITAL LLC** | **EJF CAPITAL LLC** | **EJF CAPITAL LLC** |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

---

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| | | |
|:---|:---|:---|
| **EMANUEL J. FRIEDMAN** | **EMANUEL J. FRIEDMAN** | **EMANUEL J. FRIEDMAN** |
| By: | /s/ Emanuel J. Friedman | /s/ Emanuel J. Friedman |
|  | Name: | Emanuel J. Friedman |

---

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| | | |
|:---|:---|:---|
| **EJF DEBT OPPORTUNITIES MASTER FUND II, LP** | **EJF DEBT OPPORTUNITIES MASTER FUND II, LP** | **EJF DEBT OPPORTUNITIES MASTER FUND II, LP** |
| By:<br> Its: | EJF DEBT OPPORTUNITIES II GP, LLC<br> General Partner | EJF DEBT OPPORTUNITIES II GP, LLC<br> General Partner |
| By:<br> Its: | EJF CAPITAL LLC<br> Sole Member | EJF CAPITAL LLC<br> Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

---

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| | | |
|:---|:---|:---|
| **EJF DEBT OPPORTUNITIES II GP, LLC** | **EJF DEBT OPPORTUNITIES II GP, LLC** | **EJF DEBT OPPORTUNITIES II GP, LLC** |
| By:<br> Its: | EJF CAPITAL LLC<br> Sole Member | EJF CAPITAL LLC<br> Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

---

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| | | |
|:---|:---|:---|
| **EJF FINANCIAL SERVICES FUND, LP** | **EJF FINANCIAL SERVICES FUND, LP** | **EJF FINANCIAL SERVICES FUND, LP** |
| By:<br> Its: | EJF FINANCIAL SERVICES GP, LLC<br> General Partner | EJF FINANCIAL SERVICES GP, LLC<br> General Partner |
| By: | EJF CAPITAL LLC | EJF CAPITAL LLC |
| Its: | Sole Member | Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

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| | | |
|:---|:---|:---|
| **EJF FINANCIAL SERVICES GP, LLC** | **EJF FINANCIAL SERVICES GP, LLC** | **EJF FINANCIAL SERVICES GP, LLC** |
| By:<br> Its: | EJF CAPITAL LLC<br> Sole Member | EJF CAPITAL LLC<br> Sole Member |
| By: | /s/ David Bell | /s/ David Bell |
|  | Name: | David Bell |
|  | Title: | General Counsel |

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<br>