Pacific Financial Corporation (PFLC) 6.4000 $PFLC
CUSO Financial Services and Sorrento Pacific Financial Find Success in Providing Piggyback Services to Small Bank and Credit Union Broker-Dealers
Business Wire - Thu May 21, 1:42PM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have expanded their tri-party clearing, or "piggyback," services due to increased marketplace demand. Piggyback services are appropriate for investment programs within small- to mid-sized banks and credit unions that already have broker-dealer designations. As one of the few third-party marketers to offer piggyback arrangements, CFS/SPF specialists have been invited to speak on the topic during the 2015 FINRA National Conference, May 27-29, 2015 in Washington, DC.
CUSO Financial Services and Sorrento Pacific Financial Expand Remote Delivery Strategy with Award-winning Secure Profiling Tool
Business Wire - Wed Apr 29, 10:00AM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have announced a new online profiling tool, BuildMyProfile(TM), for use by investment representatives in financial institutions and their clients. The new profiling tool has been integrated fully into the companies' proprietary dataVISION(R) client and account management system, allowing seamless collection and integration of information throughout the system. This tool expands the suite of remote delivery tools CFS and SPF offer by extending the process to include the initial client profiling so that advisors can interact with clients from start to finish through mobile and online channels to enhance convenience and efficiency.
Pacific Financial Corporation Earnings Increase 7% to $1.1 Million for 1Q15 from 1Q14
GlobeNewswire - Tue Apr 28, 3:00PM CDT
Pacific Financial Corporation (OTCQB
FLC), the holding company for Bank of the Pacific today reported profits of $1.1 million for the first quarter of 2015, up 7% compared to $1.0 million for the first quarter a year ago. Profitability was propelled by strong loan growth, ongoing enhancements in credit quality, lower funding costs and an improved net interest margin. All results are unaudited.
CUSO Financial Services and Sorrento Pacific Financial Appoint New National Sales Manager
Business Wire - Wed Mar 18, 9:00AM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have hired Mark Hoaglin as national sales manager. A veteran of the financial industry, Hoaglin uses his high-level industry expertise to provide guidance and leadership to CFS and SPF banks and credit unions across the country.
Pacific Financial Corporation to Participate in FIG Partners West Coast Bank CEO Forum
GlobeNewswire - Tue Feb 03, 1:45PM CST
Pacific Financial Corporation (OTCQBFLC), the holding company for Bank of the Pacific, today announced that Dennis A. Long, President and CEO, Pacific Financial Corporation; Denise J. Portmann, President and CEO, Bank of the Pacific; Douglas A. Biddle, Executive Vice President and CFO, Bank of the Pacific, will attend the FIG Partners' 6th Annual West Coast Bank CEO Forum, at the Palace Hotel, San Francisco, on February 4 and 5, 2015. Long, is scheduled to participate on the panel on Pacific Northwest Banks on Thursday, February 5, 2014, at 8:00 a.m. PST.
Pacific Financial Corporation Earnings Increase 32% for Full Year 2014; Earns $4.9 Million in 2014 and $1.1 Million in Fourth Quarter of 2014
GlobeNewswire - Mon Feb 02, 10:01PM CST
Pacific Financial Corporation (OTCQBFLC), the holding company for Bank of the Pacific, today reported that 2014 net income increased 32% to $4.9 million, or $0.48 per share, from $3.7 million, or $0.37 per share, in 2013. Fourth quarter 2014 net income increased 42% to $1.1 million, or $0.11 per share, from $789,000, or $0.08 per share for the fourth quarter a year ago. All results for 2014 are unaudited.
Bank of the Pacific Establishes New Oregon Commercial Lending Team; Ebert, White, Lambert and Toepfer Launch LPO in Salem, Oregon
GlobeNewswire - Thu Jan 29, 10:00AM CST
Bank of the Pacific, a subsidiary of Pacific Financial Corporation (OTCQBFLC), today announced that a new commercial lending team has joined the Bank expanding its presence in Salem, Oregon. Dan Ebert, Senior Vice President and Manager, will lead the commercial lending team joined by Kelly White, Anmarie Lambert and Lynne Toepfer, all seasoned bankers who have previously worked together for approximately 15 years.
CUSO Financial Services and Sorrento Pacific Financial Take Steps to Enhance Technology Capabilities, Appoint Information Technology Expert to Key Role
Business Wire - Tue Jan 27, 11:00AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have hired Bob Millington as senior vice president of information technology (IT). Millington will help expand CFS and SPF's industry-leading technology solutions that make investment services easier for clients, advisors, and financial institutions alike.
Kristi Gundersen Appointed to Pacific Financial Corporation Board of Directors
GlobeNewswire - Mon Jan 26, 1:07PM CST
Pacific Financial Corporation (OTCQB: PFLC), the holding company for Bank of the Pacific, today 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.
Unifi, Central Pacific Financial Set to Join the SmallCap 600
PR Newswire - Tue Dec 23, 4:55PM CST
S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 after the close of trading on Wednesday, December 31:
CPF: 23.33 (+0.33), HTH: 23.65 (+0.39), MHFI: 103.16 (+2.27), UFI: 32.95 (+0.57)
CORRECTION -- Pacific Financial Corporation Raises Annual Cash Dividend to $0.21 Per Share
GlobeNewswire - Fri Dec 19, 12:07PM CST
In a release issued under the same headline earlier today by Pacific Financial Corporation (OTCQBFLC) please note that the date the dividend will be payable on should be January 15, 2015 (sted January 10, 2015) to shareholders of record on January 2, 2015 (sted December 31, 2014).
Pacific Financial declares $0.21 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 19, 8:37AM CST
Pacific Financial Corporation Raises Annual Cash Dividend to $0.21 Per Share
GlobeNewswire - Fri Dec 19, 8:00AM CST
Pacific Financial Corporation (OTCQBFLC), the holding company for Bank of the Pacific, today 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.
Program Managers Forum in San Diego Draws Interactive Discussions on Growing Investment Programs as In-person Visits to Financial Institutions Diminish
Business Wire - Thu Dec 11, 11:51AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, recently hosted investment program executives from around the nation at the CFS/SPF Program Managers Forum in San Diego. The annual conference is a two-day educational event for program managers of financial institution investment programs.
FISI: 24.62 (+0.45)
Zacks Industry Outlook Highlights: Independent Bank Group, Union Bankshares, Central Pacific Financial, Independent Bank and Hilltop Holdings
PR Newswire - Fri Dec 05, 8:30AM CST
Today, Zacks Equity Research discusses the U.S. Banks, part 3, including Independent Bank Group, Inc. (Nasdaq:IBTX-Free Report), Union Bankshares Corp. (Nasdaq:UBSH-Free Report), Central Pacific Financial Corp. (NYSE:CPF-Free Report), Independent Bank Corp. (Nasdaq:IBCP-Free Report) and Hilltop Holdings Inc. (NYSE:HTH-Free Report).
CPF: 23.33 (+0.33), HTH: 23.65 (+0.39), UBSH: 23.43 (+0.39), IBTX: 43.63 (+1.05)
Bank of South Pacific Fights Payments Fraud with ACI Worldwide
Business Wire - Mon Dec 01, 7:01AM CST
ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, today announced that Bank of South Pacific Limited (BSP), the largest bank in Papua New Guinea and the South Pacific, has selected the company to power its fraud protection.
ACIW: 23.96 (+0.34)
United Bank's United Northeast Financial Advisors Earns #3 National Ranking in Latest Bank Wealth Management Report
PR Newswire - Mon Nov 24, 1:55PM CST
William H.W. Crawford, IV, Chief Executive Officer of United Financial Bancorp, Inc. (NASDAQ: UBNK) and United Bank of Glastonbury, Conn., today proudly announced that United Northeast Financial Advisors, the Bank's foremost 15-member financial advisory team, once again earned a leading national ranking in the latest bank wealth management report highlighted in November by Bank Investment Consultant (BIC).
UBNK: 13.57 (+0.01)
CUSO Financial Services and Sorrento Pacific Financial Announce DreamBuilder Employee Benefit Program
Business Wire - Tue Nov 11, 10:00AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have announced their new DreamBuilder employee benefit program designed to help employees reach their professional and personal goals. The DreamBuilder program is a 12-month initiative in which employees work with the companies' learning and development director, Rosanne Roberts Archuletta, to set and achieve goals as they seek to create more balance and success in their personal and professional lives.
Pacific Financial Corporation Profits Increase 51% Year-Over-Year
GlobeNewswire - Wed Oct 29, 3:10PM CDT
Pacific Financial Corporation (OTCQBFLC), the holding company for Bank of the Pacific, today reported net profits increased 51% to $1.4 million, or $0.13 per share, for the third quarter of 2014, compared to $909,000, or $0.09 per share, for the third quarter of 2013. Earnings for the third quarter of 2014 were impacted by increased tax expenses, reflecting a reduction in non-taxable income for the period. Second quarter 2014 earnings were $1.4 million, or $0.14 per share. For the nine months of 2014 net profits increased 29% to $3.8 million, or $0.37 per share, from $2.9 million, or $0.29 per share, for the like period in 2013. Fueling profitability in 2014 was robust loan growth, strong net interest margin and solid credit quality. In 2013, earnings were impacted by a credit to the provision for losses of $450,000, offset by a one-time cost of $395,000 relating to the conversion of three branches purchased from Sterling Savings Bank. All results are unaudited.
CUSO Financial Services, L.P. and Sorrento Pacific Financial, LLC See Repeated Success for Life Insurance Awareness Month Promotion
Business Wire - Wed Oct 29, 11:34AM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, announce the winners of their promotion to support Life Insurance Awareness Month. The individual advisor and financial institution team submitting the highest number of applications for life insurance throughout the duration of the contest were awarded.
AXP: 77.31 (+0.97)
CUSO Financial Services and Sorrento Pacific Financial Find Success in Providing Piggyback Services to Small Bank and Credit Union Broker-Dealers
Business Wire - Thu May 21, 1:42PM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have expanded their tri-party clearing, or "piggyback," services due to increased marketplace demand. Piggyback services are appropriate for investment programs within small- to mid-sized banks and credit unions that already have broker-dealer designations. As one of the few third-party marketers to offer piggyback arrangements, CFS/SPF specialists have been invited to speak on the topic during the 2015 FINRA National Conference, May 27-29, 2015 in Washington, DC.
CUSO Financial Services and Sorrento Pacific Financial Expand Remote Delivery Strategy with Award-winning Secure Profiling Tool
Business Wire - Wed Apr 29, 10:00AM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have announced a new online profiling tool, BuildMyProfile(TM), for use by investment representatives in financial institutions and their clients. The new profiling tool has been integrated fully into the companies' proprietary dataVISION(R) client and account management system, allowing seamless collection and integration of information throughout the system. This tool expands the suite of remote delivery tools CFS and SPF offer by extending the process to include the initial client profiling so that advisors can interact with clients from start to finish through mobile and online channels to enhance convenience and efficiency.
Pacific Financial Corporation Earnings Increase 7% to $1.1 Million for 1Q15 from 1Q14
GlobeNewswire - Tue Apr 28, 3:00PM CDT
Pacific Financial Corporation (OTCQB
FLC), the holding company for Bank of the Pacific today reported profits of $1.1 million for the first quarter of 2015, up 7% compared to $1.0 million for the first quarter a year ago. Profitability was propelled by strong loan growth, ongoing enhancements in credit quality, lower funding costs and an improved net interest margin. All results are unaudited. CUSO Financial Services and Sorrento Pacific Financial Appoint New National Sales Manager
Business Wire - Wed Mar 18, 9:00AM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have hired Mark Hoaglin as national sales manager. A veteran of the financial industry, Hoaglin uses his high-level industry expertise to provide guidance and leadership to CFS and SPF banks and credit unions across the country.
Pacific Financial Corporation to Participate in FIG Partners West Coast Bank CEO Forum
GlobeNewswire - Tue Feb 03, 1:45PM CST
Pacific Financial Corporation (OTCQB
FLC), the holding company for Bank of the Pacific, today announced that Dennis A. Long, President and CEO, Pacific Financial Corporation; Denise J. Portmann, President and CEO, Bank of the Pacific; Douglas A. Biddle, Executive Vice President and CFO, Bank of the Pacific, will attend the FIG Partners' 6th Annual West Coast Bank CEO Forum, at the Palace Hotel, San Francisco, on February 4 and 5, 2015. Long, is scheduled to participate on the panel on Pacific Northwest Banks on Thursday, February 5, 2014, at 8:00 a.m. PST. Pacific Financial Corporation Earnings Increase 32% for Full Year 2014; Earns $4.9 Million in 2014 and $1.1 Million in Fourth Quarter of 2014
GlobeNewswire - Mon Feb 02, 10:01PM CST
Pacific Financial Corporation (OTCQB
FLC), the holding company for Bank of the Pacific, today reported that 2014 net income increased 32% to $4.9 million, or $0.48 per share, from $3.7 million, or $0.37 per share, in 2013. Fourth quarter 2014 net income increased 42% to $1.1 million, or $0.11 per share, from $789,000, or $0.08 per share for the fourth quarter a year ago. All results for 2014 are unaudited. Bank of the Pacific Establishes New Oregon Commercial Lending Team; Ebert, White, Lambert and Toepfer Launch LPO in Salem, Oregon
GlobeNewswire - Thu Jan 29, 10:00AM CST
Bank of the Pacific, a subsidiary of Pacific Financial Corporation (OTCQB
FLC), today announced that a new commercial lending team has joined the Bank expanding its presence in Salem, Oregon. Dan Ebert, Senior Vice President and Manager, will lead the commercial lending team joined by Kelly White, Anmarie Lambert and Lynne Toepfer, all seasoned bankers who have previously worked together for approximately 15 years. CUSO Financial Services and Sorrento Pacific Financial Take Steps to Enhance Technology Capabilities, Appoint Information Technology Expert to Key Role
Business Wire - Tue Jan 27, 11:00AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have hired Bob Millington as senior vice president of information technology (IT). Millington will help expand CFS and SPF's industry-leading technology solutions that make investment services easier for clients, advisors, and financial institutions alike.
Kristi Gundersen Appointed to Pacific Financial Corporation Board of Directors
GlobeNewswire - Mon Jan 26, 1:07PM CST
Pacific Financial Corporation (OTCQB: PFLC), the holding company for Bank of the Pacific, today 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.
Unifi, Central Pacific Financial Set to Join the SmallCap 600
PR Newswire - Tue Dec 23, 4:55PM CST
S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 after the close of trading on Wednesday, December 31:
CPF: 23.33 (+0.33), HTH: 23.65 (+0.39), MHFI: 103.16 (+2.27), UFI: 32.95 (+0.57)
CORRECTION -- Pacific Financial Corporation Raises Annual Cash Dividend to $0.21 Per Share
GlobeNewswire - Fri Dec 19, 12:07PM CST
In a release issued under the same headline earlier today by Pacific Financial Corporation (OTCQB
FLC) please note that the date the dividend will be payable on should be January 15, 2015 (sted January 10, 2015) to shareholders of record on January 2, 2015 (sted December 31, 2014). Pacific Financial declares $0.21 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 19, 8:37AM CST
Pacific Financial Corporation Raises Annual Cash Dividend to $0.21 Per Share
GlobeNewswire - Fri Dec 19, 8:00AM CST
Pacific Financial Corporation (OTCQB
FLC), the holding company for Bank of the Pacific, today 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. Program Managers Forum in San Diego Draws Interactive Discussions on Growing Investment Programs as In-person Visits to Financial Institutions Diminish
Business Wire - Thu Dec 11, 11:51AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, recently hosted investment program executives from around the nation at the CFS/SPF Program Managers Forum in San Diego. The annual conference is a two-day educational event for program managers of financial institution investment programs.
FISI: 24.62 (+0.45)
Zacks Industry Outlook Highlights: Independent Bank Group, Union Bankshares, Central Pacific Financial, Independent Bank and Hilltop Holdings
PR Newswire - Fri Dec 05, 8:30AM CST
Today, Zacks Equity Research discusses the U.S. Banks, part 3, including Independent Bank Group, Inc. (Nasdaq:IBTX-Free Report), Union Bankshares Corp. (Nasdaq:UBSH-Free Report), Central Pacific Financial Corp. (NYSE:CPF-Free Report), Independent Bank Corp. (Nasdaq:IBCP-Free Report) and Hilltop Holdings Inc. (NYSE:HTH-Free Report).
CPF: 23.33 (+0.33), HTH: 23.65 (+0.39), UBSH: 23.43 (+0.39), IBTX: 43.63 (+1.05)
Bank of South Pacific Fights Payments Fraud with ACI Worldwide
Business Wire - Mon Dec 01, 7:01AM CST
ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, today announced that Bank of South Pacific Limited (BSP), the largest bank in Papua New Guinea and the South Pacific, has selected the company to power its fraud protection.
ACIW: 23.96 (+0.34)
United Bank's United Northeast Financial Advisors Earns #3 National Ranking in Latest Bank Wealth Management Report
PR Newswire - Mon Nov 24, 1:55PM CST
William H.W. Crawford, IV, Chief Executive Officer of United Financial Bancorp, Inc. (NASDAQ: UBNK) and United Bank of Glastonbury, Conn., today proudly announced that United Northeast Financial Advisors, the Bank's foremost 15-member financial advisory team, once again earned a leading national ranking in the latest bank wealth management report highlighted in November by Bank Investment Consultant (BIC).
UBNK: 13.57 (+0.01)
CUSO Financial Services and Sorrento Pacific Financial Announce DreamBuilder Employee Benefit Program
Business Wire - Tue Nov 11, 10:00AM CST
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker-dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, have announced their new DreamBuilder employee benefit program designed to help employees reach their professional and personal goals. The DreamBuilder program is a 12-month initiative in which employees work with the companies' learning and development director, Rosanne Roberts Archuletta, to set and achieve goals as they seek to create more balance and success in their personal and professional lives.
Pacific Financial Corporation Profits Increase 51% Year-Over-Year
GlobeNewswire - Wed Oct 29, 3:10PM CDT
Pacific Financial Corporation (OTCQB
FLC), the holding company for Bank of the Pacific, today reported net profits increased 51% to $1.4 million, or $0.13 per share, for the third quarter of 2014, compared to $909,000, or $0.09 per share, for the third quarter of 2013. Earnings for the third quarter of 2014 were impacted by increased tax expenses, reflecting a reduction in non-taxable income for the period. Second quarter 2014 earnings were $1.4 million, or $0.14 per share. For the nine months of 2014 net profits increased 29% to $3.8 million, or $0.37 per share, from $2.9 million, or $0.29 per share, for the like period in 2013. Fueling profitability in 2014 was robust loan growth, strong net interest margin and solid credit quality. In 2013, earnings were impacted by a credit to the provision for losses of $450,000, offset by a one-time cost of $395,000 relating to the conversion of three branches purchased from Sterling Savings Bank. All results are unaudited. CUSO Financial Services, L.P. and Sorrento Pacific Financial, LLC See Repeated Success for Life Insurance Awareness Month Promotion
Business Wire - Wed Oct 29, 11:34AM CDT
Sister companies, CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial, LLC (SPF), full-service broker dealers and SEC Registered Investment Advisers providing customized investment and insurance solutions to financial institutions, announce the winners of their promotion to support Life Insurance Awareness Month. The individual advisor and financial institution team submitting the highest number of applications for life insurance throughout the duration of the contest were awarded.
AXP: 77.31 (+0.97)
