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.

1st Quarter 2015

  • Completed acquisition and core system integration of Capital Pacific Bank during first quarter.
  • Achieved organic growth in average core deposits of $63.2 million or 5.84% during first quarter.

  • Achieved organic loan growth of $10.0 million during the first quarter 2015.

  • Generated $52.9 million of approved and unfunded loan commitments during first quarter.

  • Declared first quarter 2015 regular quarterly cash dividend of $0.10 per share.

  • Awarded the Raymond James Community Bankers Cup that recognizes the top 10% community banks based on various profitability, operational efficiency, and balance sheet metrics.

  • Recognized for the sixteenth consecutive year by Oregon Business magazine as one of the 100 Best Companies to Work For in Oregon.

4th Quarter and Year End 2014

  • Announced acquisition of Capital Pacific Bank expected to close during first quarter 2015.

  • Record net income of $16.0 million in 2014, up 16.53% over prior year.

  • Period-end outstanding loans increased $51.2 million or 5.15% over 2013.

  • Average core deposits increased $45.6 million or 4.40% during fourth quarter and increased $95.7 million or 9.70% over fourth quarter 2013.

  • Annual efficiency ratio improved to 59.41%.

  • Declared first quarter 2015 regular quarterly cash dividend of $0.10 per share.

  • Announced plans to open new office in downtown Vancouver, Washington.

  • Nationally recognized by the American Bankers Association as the National Community Commitment Award winner for its commitment in employee volunteerism.

  • Recognized by the Portland Business Journal for the sixth time as one of Oregon's most admired companies.

3rd Quarter 2014

  • Net income of $4.4 million for the quarter, up 12.46% over third quarter last year.
  • Repurchased 132,358 shares during the third quarter 2014.
  • Average core deposits increased $26.6 million or 2.63% during third quarter.
  • Efficiency ratio continued to improve and remained below 60.00% during third quarter 2014.
  • Declared fourth quarter 2014 regular quarterly cash dividend of $0.10 per share and a special cash dividend of $0.05 per share.
  • Received Spotlight! On Business Award for large business from the Tacoma-Pierce County Chamber of Commerce for members that have set the standard for exemplary business practices.

2nd Quarter 2014

  • Net income of $4.1 million for the quarter, up 11.39% over second quarter last year.
  • Announced share repurchase plan and repurchased 134,722 shares during the second quarter 2014.
  • Loan growth continued for the twelfth consecutive quarter.
  • Efficiency ratio below 60.00%.
  • Declared third quarter 2014 regular quarterly cash dividend of $0.10 per share and a special cash dividend of $0.03 per share.
  • Total risk-based capital ratio of 15.73%, well above the 10.00% minimum for "well-capitalized" designation.
  • Recognized by Seattle Business magazine as one of Washington's 100 Best Companies to Work for in 2014.

Analyst Coverage

  • Howe Barnes Hoefer & Arnett
  • D. A. Davidson & Co.
  • Sandler O’Neill & Partners
  • FIG Partners
  • Wunderlich Securities Inc.
  • Raymond James Financial

Transfer Agent

Registrar and Transfer Company,10 Commerce Drive, Cranford 07016. 800-368-5948.

Email: info@rtco.com 
Website: www.rtco.com