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📢 Press Releases
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2025-04-25 08:30:00 | Pacific Financial Corp Earns $2.4 Million, Or $0.24 Per Diluted Share For First Quarter 2025; board Of Directors Approves 5% Stock Buyback Plan; declares Quarterly Cash Dividend Of $0.14 Per Share Aberdeen, wash., april 25, 2025 (globe newswire) -- pacific financial corporation (otcqx: pflc), (“pacific financial”) or the (“company”), the holding company for bank of the pacific (the “bank”), reported net income of $2.4 million, or $0.24 per diluted share for the first quarter of 2025, compared to $2.2 million, or $0.21 per diluted share for the fourth quarter of 2024, and $2.7 million, or $0.26 per diluted share for the first quarter of 2024. current quarter net income includes a provision for credit losses of $83,000, compared to the recapture of $103,000 from the allowance for credit losses for the fourth quarter of 2024, and a provision for credit losses of $33,000 for the first quarter of 2024. except for year-end december 31, 2024 financials, all results are unaudited. |
2025-01-31 08:30:00 | Pacific Financial Corp Earns $2.2 Million, Or $0.21 Per Diluted Share For Fourth Quarter 2024; Reports Fiscal 2024 Earnings Of $9.5 Million, Or $0.92 Per Diluted Share; Declares Quarterly Cash Dividend Of $0.14 Per Share Aberdeen, wash., jan. 31, 2025 (globe newswire) -- pacific financial corporation (otcqx: pflc), (“pacific financial”) or the (“company”), the holding company for bank of the pacific (the “bank”), reported net income of $2.2 million, or $0.21 per diluted share for the fourth quarter of 2024, compared to $2.6 million, or $0.25 per diluted share for the third quarter of 2024, and $2.9 million, or $0.28 per diluted share for the fourth quarter of 2023. for the year ended december 31, 2024, the company reported net income of $9.5 million, or $0.92 per share compared to $14.6 million, or $1.40 for the year ended december 31, 2023. except for year-end december 31, 2023, all results are unaudited. |
2024-10-25 08:30:00 | Pacific Financial Corp Earns $2.6 Million, Or $0.25 Per Diluted Share For Third Quarter 2024; Tangible Book Value Per Share Up 6.6% During Quarter; Board Of Directors Declares Quarterly Cash Dividend Of $0.14 Per Share Aberdeen, wash., oct. 25, 2024 (globe newswire) -- pacific financial corporation (otcqx: pflc), (“pacific financial”) or the (“company”), the holding company for bank of the pacific (the “bank”), reported net income of $2.6 million, or $0.25 per diluted share for the third quarter of 2024, compared to $2.1 million, or $0.21 per diluted share for the second quarter of 2024, and $3.6 million, or $0.35 per diluted share for the third quarter of 2023. all results are unaudited. |
2024-10-24 14:27:00 | Synergy By Association Announces Election Of Terri Mckinnis To Board Of Directors Aberdeen, wash., oct. 24, 2024 (globe newswire) -- the oregon bankers association’s (oba) wholly owned subsidiary, synergy by association, inc. (“synergy”), is pleased to announce the election of terri mckinnis as the newest member of its board of directors. mckinnis is the executive vice president and chief operating officer of bank of the pacific and brings over four decades of banking experience to the role, with much of that time served in senior management positions in bank operations and treasury management. she is a 2017 honors graduate of pacific coast banking school (pcbs) and holds an executive certificate from the university of washington foster school of business. since 2018, she has also served as a management report advisor for pcbs. |
2024-08-19 09:00:00 | Bank Of The Pacific Launches New Location In Lake Oswego, Oregon Aberdeen, wash., aug. 19, 2024 (globe newswire) -- bank of the pacific, a subsidiary of pacific financial corporation (otcqx: pflc), has opened a new location in lake oswego, oregon as of august 19, 2024. the new location serves primarily as a commercial banking center, while also offering expanded retail and consumer account services. |
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2023-10-27 09:00:00 |
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2023-07-27 09:00:00 |
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