Pacific Financial Corporation (PFLC)

Pacific Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	42.95	41.19	37.04	30.08	33.56	36.39
Interest Income on Investments	14.99	13.81	18.44	12.07	3.6	3.19
Total Interest Income	57.94	55	55.48	42.15	37.16	39.57
Interest Paid on Deposits	10.76	9.83	5.35	0.74	1.01	2.02
Interest Paid on Borrowings	0.84	0.95	0.93	0.46	0.24	0.36
Total Interest Expense	11.6	10.78	6.28	1.21	1.25	2.38
Net Interest Income	46.34	44.22	49.2	40.95	35.91	37.19
Net Interest Income Growth (YoY)	2.92%	-10.12%	20.16%	14.04%	-3.47%	-3.75%
Gain (Loss) on Sale of Investments	-0.17	0.12	-0.15	-	-	-
Other Non-Interest Income	3.8	3.64	3.72	3.79	5.84	4.87
Total Non-Interest Income	5.88	6.87	6.17	7.23	16.73	20.15
Non-Interest Income Growth (YoY)	-11.25%	11.29%	-14.60%	-56.80%	-16.96%	44.99%
Revenues Before Loan Losses	52.22	51.09	55.37	48.17	52.63	57.34
Provision for Loan Losses	0.32	0.17	0.52	-	-3.65	3.5
Revenue	51.9	50.92	54.85	48.17	56.28	53.84
Revenue Growth (YoY)	1.24%	-7.16%	13.87%	-14.41%	4.54%	2.48%
Salaries and Employee Benefits	24.02	24.75	22.65	22.25	26.99	26.92
Federal Deposit Insurance	0.5	0.5	0.55	0.36	0.42	0.09
Selling, General & Administrative	10.73	10.66	10.01	7.97	7.88	7.73
Other Non-Interest Expense	3.38	3.27	3.64	4.39	5.41	4.85
Total Non-Interest Expense	38.64	39.18	36.86	34.97	40.7	39.59
EBT Excluding Unusual Items	13.26	11.74	18	13.2	15.58	14.25
Pretax Income	13.26	11.74	18	13.2	15.58	14.25
Income Tax Expense	2.57	2.21	3.39	2.31	2.89	2.86
Net Income	10.69	9.53	14.61	10.89	12.7	11.38
Net Income to Common	10.69	9.53	14.61	10.89	12.7	11.38
Net Income Growth	3.64%	-34.73%	34.14%	-14.25%	11.53%	-17.26%
Basic Shares Outstanding	10	10	10	10	10	11
Diluted Shares Outstanding	10	10	10	10	10	11
Shares Change (YoY)	-3.36%	-1.07%	0.06%	-0.17%	-1.44%	-0.54%
EPS (Basic)	1.06	0.93	1.40	1.05	1.22	1.08
EPS (Diluted)	1.06	0.92	1.40	1.04	1.22	1.07
EPS Growth	6.89%	-34.29%	34.62%	-14.71%	13.96%	-17.05%
Dividend Per Share	0.560	0.560	0.540	0.520	0.520	0.400
Dividend Growth	-	3.70%	3.85%	-	30.00%	-4.76%
Effective Tax Rate	19.41%	18.81%	18.84%	17.51%	18.52%	20.09%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.