Pacific Continental Corporation and Capital Pacific Bancorp Receive Regulatory Approvals for Acquisition
PR Newswire - Mon Feb 09, 3:03PM CST
Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, announced today that Pacific Continental has received all regulatory approvals required to complete its acquisition of Capital Pacific Bancorp. The proposed acquisition of Capital Pacific Bancorp into Pacific Continental Corporation was publicly announced on November 19, 2014. The Federal Deposit Insurance Corporation and the Oregon Department of Consumer and Business Services - Division of Finance and Corporate Securities have approved the applications to merge Capital Pacific Bank into Pacific Continental Bank. The Federal Reserve Bank of San Francisco has also approved the proposed acquisition. The action, which remains subject to Capital Pacific shareholder approval and other customary closing conditions, is scheduled to occur later in the first quarter 2015.
PCBK: 13.44 (-0.04)
Pan Pacific Bank Announces 2014 as Year of Growth, Continued Profitability
Business Wire - Thu Feb 05, 11:21AM CST
Pan Pacific Bank (OTCBB: PPFC) today announced its unaudited financial results for the year ended December 31, 2014, including total assets of $120.1 million, net loans of $86.7 million and deposits of $99.5 million. "Pan Pacific Bank is pleased to report a year of progress and profitability. Total assets, net loans and total deposits grew 9.3%, 13.7% and 9.3%, respectively, on a year over year basis," said Wayne Doiguchi, Pan Pacific Bank's CEO. "For the quarter ended December 31, 2014 and the same period in 2013, net after tax earnings were $63 thousand and $99 thousand, respectively. For the years ended 2014 and 2013, net after tax earnings were $3,049 thousand and $254 thousand, respectively. During 2014, Bank management determined that it is more likely than not that the deferred tax asset (DTA) will be realized. Therefore, the second quarter and fourth quarter tax expense includes a benefit or income of $2,740 thousand and $117 thousand, respectively related to the reversal of the valuation allowance for deferred tax assets."
Golden Pacific Bank Introduces Mobile Remote Deposit from Digital Insight
Business Wire - Mon Dec 15, 7:01AM CST
NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Golden Pacific Bank, a 27-year-old community bank in Sacramento, Calif., is rolling out mobile remote deposit capture as part of its mobile banking experience with Digital Insight, an NCR company. Consumers and small businesses banking with Golden Pacific will be able to deposit checks using their mobile banking app and their phone's camera.
NCR: 28.71 (+0.21)
Golden Pacific Bank Announces Heather Luzzi as New Managing Director of Business Relations
GlobeNewswire - Fri Nov 14, 2:35PM CST
Golden Pacific Bancorp and Golden Pacific Bank are pleased to announce the recent appointment of Heather Luzzi as VP/Managing Director of Business Relations.
Pan Pacific Bank Announces Year-To-Date Growth in Net Loans 15.5%
Business Wire - Wed Oct 22, 8:02AM CDT
Pan Pacific Bank (OTCBB: PPFC) today announced its unaudited financial results for the quarter ended September 30, 2014, including total assets of $119.1 million, net loans of $88.1 million and deposits of $99.0 million. "Pan Pacific Bank is pleased to report continued positive earnings with net after-tax earnings for the three and nine months ending September 30, 2014, of $56,468 and $2,983,071, respectively," said Wayne Doiguchi, Pan Pacific Bank's CEO. "During the second quarter, Bank management determined that it is more likely than not that the deferred tax asset (DTA) will be realized. Therefore, the second quarter tax expense includes a benefit or income of $2,740,245 related to the reversal of the valuation allowance for deferred tax assets."
Scott Andrews Joins Capital Pacific Bank Board of Directors
Marketwire - Thu Sep 25, 2:38PM CDT
Scott Andrews, a prominent Portland real estate executive and civic leader, has been elected to the board of directors for Capital Pacific Bank (OTCQB: CPBO), announced Mark Stevenson, president and chief executive officer.
RSI adds Fifth Director to the Board
Filing Services Canada - Fri Jun 20, 2:17PM CDT
RSY.VN: 0.160 (+0.025)