CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), announced the appointment of Alex Ko as Executive Vice President and Chief Operating Officer, effective January 2, 2025.

Mr. Ko brings over 27 years of experience in banking and finance, including leadership roles as Senior EVP and CFO of Bank of Hope, where he led strategic growth, operational improvements, and M&A initiatives. He also spent 12 years at KPMG providing audit and advisory services to financial institutions.

“We are pleased to welcome Mr. Ko to our executive team,” said James Hong, President and CEO of CBB Bank. “His extensive expertise in banking and finance, combined with his proven leadership in driving operational improvements and strategic growth, will play a vital role in advancing our organizational goals and long-term success.”

About CBB Bancorp, Inc.:

CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in loans to small-to medium-sized businesses and does business as “CBB Bank.” The Bank has eleven full-service banking offices in Los Angeles and Orange Counties in California, Dallas County in Texas and Honolulu, Hawaii; two SBA regional offices in Los Angeles and Dallas Counties; and loan production offices in Georgia and Washington.

For additional information, please go to www.cbb-bank.com.

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