Last $6.82 USD
Change Today 0.00 / 0.00%
Volume 0.0
PFLC On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 02/25/15 All times are local (Market data is delayed by at least 15 minutes).

pacific financial corp (PFLC) Key Developments

Pacific Financial Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Pacific Financial Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total interest and dividend income of $7,336,000 against $6,814,000 a year ago. Net interest income was $6,800,000 against $6,251,000 a year ago. Income before income taxes was $1,594,000 against $1,051,000 a year ago. Net income applicable to common shareholders was $1,121,000 or $0.11 per basic and diluted share against $789,000 or $0.08 per basic and diluted share a year ago. Return on average equity 0.59% against 0.45% a year ago. Return on average assets was 5.98% against 4.53% a year ago. Tangible book value per common share was $5.69 against $5.26 a year ago. Book value per share was $7.00 against $6.60 a year ago. For the full year, the company reported total interest and dividend income of $29,158,000 against $26,292,000 a year ago. Net interest income was $27,033,000 against $23,800,000 a year ago. Income before income taxes was $6,657,000 against $4,703,000 a year ago. Net income was $4,927,000 or $0.48 per basic and diluted share against $3,731,000 or $0.37 per basic and diluted share a year ago. Return on average equity 0.68% against 0.55% a year ago. Return on average assets was 6.92% against 5.48% a year ago.

Pacific Financial Corp. Presents at FIG Partners 6th Annual West Coast CEO Forum, Feb-05-2015 08:00 AM

Pacific Financial Corp. Presents at FIG Partners 6th Annual West Coast CEO Forum, Feb-05-2015 08:00 AM. Venue: Palace Hotel, San Francisco, California, United States. Speakers: Denise Portmann, Corporate Secretary, Director, Chief Executive Officer of Bank of The Pacific and President of Bank of The Pacific, Dennis A. Long, Chief Executive Officer, President and Director, Douglas A. Biddle, Executive Vice President and CFO, Bank of the Pacific.

Pacific Financial Corp. and Bank Of the Pacific Appoint Kristi Gundersen to its Board of Directors

Pacific Financial Corporation announced that Kristi Gundersen has been appointed to its Board of Directors and the Board of Directors of Bank Of the Pacific. She will begin serving her initial one-year term on February 18, 2015. Kristi Gundersen is a partner of Knutzen Farms, LP. Gundersen serves as the Chief Financial Officer and heads up the Sales Division for Knutzen Farms.

Dennis A. Long Retires as President and Chief Executive Officer of Pacific Financial Corporation, Effective June 1, 2015; Declares Cash Dividend, Payable on January 15, 2015

On December 17, 2014, Dennis A. Long, President and Chief Executive Officer of Pacific Financial Corporation notified the company of his decision to retire from the company, effective June 1, 2015. While a successor has not been appointed at this time, the company does have a succession plan to ensure there is no business interruption created by any executive departure. On December 19, 2014, the company announced that its board of directors declared a cash dividend in the amount of $0.21 per share to all shareholders of record as of January 2, 2015, payable on January 15, 2015.

Pacific Financial Corp. Declares Annual Cash Dividend, Payable on January 10, 2015

Pacific Financial Corp. announced that its Board of Directors increased the annual cash dividend to $0.21 per share, to holders of common stock. The dividend will be payable on January 10, 2015, to shareholders of record on December 31, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PFLC:US $6.82 USD 0.00

PFLC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PFLC.
View Industry Companies
 

Industry Analysis

PFLC

Industry Average

Valuation PFLC Industry Range
Price/Earnings 14.3x
Price/Sales 2.0x
Price/Book 1.0x
Price/Cash Flow 14.1x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PACIFIC FINANCIAL CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.