Pacific Financial Corporation (PFLC) Declares $0.14 Quarterly Dividend; 5% Yield

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Pacific Financial Corp Earns $2.7 Million, or $0.27 per Diluted Share for Second Quarter 2025; Loan Growth Supports Net Interest Margin Expansion; Declares Quarterly Cash Dividend of $0.14 per Share

July 25, 2025 8:30 AM EDT

ABERDEEN, Wash., July 25, 2025 (GLOBE NEWSWIRE) -- Pacific Financial Corporation (OTCQX: PFLC), (Pacific Financial) or (the Company), the holding company for Bank of the Pacific (the Bank), reported net income of $2.7 million, or $0.27 per diluted share for the second quarter of 2025, compared to $2.4 million, or $0.24 per diluted share for the first quarter of 2025, and $2.1 million, or $0.21 per diluted share for the second quarter of 2024. The current quarters net income relative to the prior quarter reflects an increase in net interest income and higher non-interest income, partially offset by an increase in non-interest expenses. Except for... More