Pacific Continental (PCBK) Reports In-Line Q4 EPS

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Pacific Continental Corporation Reports Fourth Quarter and Annual 2015 Results

January 20, 2016 4:31 PM EST

EUGENE, Ore., Jan. 20, 2016 /PRNewswire/ -- Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, today reported financial results for the fourth quarter and year ended December 31, 2015.

Fourth Quarter highlights:

Achieved record net income of $5.5 million, or $0.28 per diluted share. Achieved a return on average assets of 1.16%. Improved tax-equivalent net interest margin to 4.36%. Efficiency ratio of 55.50%. Declared first quarter 2016 regular quarterly cash dividend of $0.11 per share. Recognized for the 16th consecutive year by... More