Financial Highlights :: Media Kit :: About Us

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About Us

Financial Highlights

On a quarterly-basis, Pacific Continental (Nasdaq: PCBK) provides a summary of its Financial Highlights for the proceeding three months. For your convenience, we’ve consolidated the financial highlights noted in our most recent earnings releases.

2 Quarter, 2011:

Improved net income on both a year-over-year and linked-quarter basis and the eighth consecutive quarter of improved profitability.
Loan loss provisioning expense reduced for the eighth consecutive quarter.
Total risk-based capital ratio of 18.67%, significantly above the 10.0% minimum for "well-capitalized" designation.
Recognized by Oregon Ethics in Business, which honors Oregon-based organizations who have demonstrated ethical business practices, as a finalist in 2011.
Recognized by Seattle Business magazine as one of Washington's "100 Best Companies to Work For" and the highest-rated bank in its size category.

1 Quarter, 2011:

Improved net income on both a year-over-year and linked-quarter basis and seventh consecutive quarter of profitability
Achieved eight percent year-over-year growth in the commercial loan portfolio
Loan loss provisioning expense reduced for the seventh consecutive quarter
Total risk-based capital ratio of 18.18%, significantly above the 10.0% minimum for "well-capitalized" designation
Recognized for the eleventh year by the Oregon Business magazine as one of the 100 Best Companies to Work for in Oregon.
Announced plans to open Business Banking Center in Tacoma, Washington.

4 Quarter, 2010:

Achieved 20% reduction in nonperforming assets from the end of the third quarter 2010
Achieved sixth consecutive quarter and full year 2010 profitability
Annualized average core deposit growth for the fourth quarter of 11.0% and for the full year of 17.5%
Total risk-based capital ratio of 17.10%, significantly above the 10.0% minimum for "well-capitalized" designation
Annualized pre-tax, pre-provision earnings remain strong at 1.75% of fourth quarter average assets
Recognized by the Portland Business Journal as one of Oregon's most admired companies

3 Quarter, 2010:

Achieved fifth consecutive quarter of profitability
Strong growth in core deposits continues
Total risk-based capital ratio of 17.10%, significantly above the 10.0% minimum for "well-capitalized" designation
Pre-tax pre-provision core earnings remain strong
Recognized by the Portland Business Journal for service to the community and nonprofit organizations at the 2010 Corporate Philanthropy Awards ceremony

2 Quarter, 2010:

Achieved fourth consecutive quarter of profitability
Achieved reduction in level of nonperforming assets
Continued decline in the level of the provision for loan losses
Strong growth in core deposits contintued
Total risk-based capital ratio of 17.01%, significantly above the 10.0% minimum for "well-capitalized" designation
Received 2010 Outstanding Business Award from Northwest Christian University's Center for Leadership and Ethics
Honored as a top 2009 Regional Lender by the U.S. Small Business Administration
Selected as one of the top Northwest publicly traded companies of the decade by The Seattle Times based on shareholder returns from 2000 through 2009

1 Quarter, 2010:

Achieved third consecutive quarter of profitability
Continued decline in the level of the provision for loan losses
Growth in core deposits continued
Recognized by Oregon Business Magazine for the tenth consecutive year as one of the 100 Best Companies to Work in Oregon and rated as the highest-ranking financial institution in the large company category.
Total risk-based capital ratio of 16.22%, significantly above the 10.0% minimum for "well-capitalized" designation

4 Quarter, 2009:

Successfully raised $45.7 million in new capital, net of fees, throughan underwritten public offering.
Core earnings, earnings before taxes and loan loss provision, increased 9.0% quarter-over-quarter and 13.8% for the year.
Achieved an efficiency ratio for the quarter of 50.14%.
Strong average core deposit growth of $39.4 million for the fourth quarter, an annualized growth rate of 21.7%.Total risk based capital ratio of 15.63%, up from 11.87% at September 30, 2009, significantly above the 10.0% "well-capitalized" designation.

3 Quarter, 2009:

Returned to profitability.
Third quarter core earnings, earnings before taxes and loan loss provision, increased 33.5% over the same 2008 period.
Achieved an efficiency ratio for the quarter of 47.31%.
Strong quarterly core deposit growth of $45.8 million, an annualized growth rate of 29.5% since year-end 2008.
Risk based capital ratio of 11.87%, up from 11.71% at June 30, 2009, and up from 10.81% at September 30, 2008, and above the “well-capitalized” designation.
Increased an already strong and stable net interest margin to 5.19%.
Reduced level of nonperforming assets by $2.1 million from the end of the prior quarter.
Completed the regularly scheduled FDIC safety and soundness examination.

2 Quarter, 2009:

Outstanding core deposit growth of approximately $38.4 million and achieved annualized growth rate of 30% since year-end 2008.
Risk based capital ratio of 11.71%, above the “well-capitalized” designation.
Increased allowance for loan losses as a percentage of outstanding loans to 1.94%.
Maintained stable net interest margin of 5.14%.
Recognized by The Seattle Times as one of the top publicly traded companies in the Northwest and the highest-rated bank in Oregon in the newspaper's 18th annual "Northwest 100" ranking of public companies.

1 Quarter, 2009:

Record quarterly core deposit growth of more than $50 million.
Successfully raised $9.6 million in new capital through a private equity placement.
Continued to achieve a strong and stable net interest margin of 5.23%.
Continued payment of the $0.10 per share quarterly dividend.
Recognized for the 9^th consecutive year by Oregon Business magazine as one of the Best 100 Companies to Work For in Oregon and rated as the highest-ranking financial institution in the large company category.
Determined not to participate in the U.S. Treasury’s Capital Purchase Program after receiving preliminary approval to participate from regulators.

Analyst Coverage -

Howe Barnes Hoefer & Arnett	D. A. Davidson & Co
Sandler O’Neill & Partners	FIG Partners
McAdams Wright Ragen	Wunderlich Securities Inc

Transfer Agent - Registrar and Transfer Company,10 Commerce Drive, Cranford NJ 07016. (800) 368-5948. info@rtco.com www.rtco.com

Pacific Continental Bank operates throughout the Pacific Northwest: Greater Eugene, Greater Portland and Greater Seattle.
Contact us by phone (toll-free) at 877-231-2265 or by email at banking@therightbank.com

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