Pacific Financial Corporation (PFLC)

Pacific Financial Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.31	79.15	106.82	314.24	386.37	225.62
Investment Securities	180.83	110.29	126.44	150.13	129.91	65.63
Mortgage-Backed Securities	206.48	196.9	170.17	143	109.49	64.87
Total Investments	387.31	307.19	296.61	293.13	239.4	130.5
Gross Loans	746.48	704.87	685.35	640.72	629.76	732.02
Allowance for Loan Losses	-9.22	-8.85	-8.53	-8.24	-8.3	-12.07
Other Adjustments to Gross Loans	-0.64	-0.62	-0.8	-0.76	-1.43	-2.63
Net Loans	736.61	695.4	676.02	631.72	620.04	717.33
Property, Plant & Equipment	16.49	16.95	15.58	13.95	14.47	15.71
Goodwill	-	12.17	12.17	12.17	12.17	12.17
Other Intangible Assets	13.44	1.27	1.27	1.27	1.28	1.29
Loans Held for Sale	-	-	1.1	-	6.1	34.91
Accrued Interest Receivable	-	4.16	4.43	4.04	3.36	4.68
Other Current Assets	-	3.76	2.83	3.68	10.72	3.75
Long-Term Deferred Tax Assets	-	5.19	4.57	5.23	-	-
Other Long-Term Assets	42.31	28.33	27.5	26.78	26.07	21.34
Total Assets	1,215	1,154	1,149	1,306	1,320	1,167
Accrued Expenses	-	7.39	8.79	8	8.06	8.74
Interest Bearing Deposits	650.77	586.46	563.52	662.93	673.99	670.52
Institutional Deposits	-	52.4	36.5	9.8	12.8	15.2
Non-Interest Bearing Deposits	420.07	375.88	409.27	507.64	492.15	342.71
Total Deposits	1,071	1,015	1,009	1,180	1,179	1,028
Current Portion of Leases	-	0.9	-	-	-	-
Accrued Interest Payable	-	0.14	0.16	0.13	0.04	0.04
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	0.4	0.55
Long-Term Leases	-	3.14	2.57	1.15	1.48	1.95
Trust Preferred Securities	13.4	13.4	13.4	13.4	13.4	13.4
Total Liabilities	1,097	1,040	1,034	1,203	1,202	1,053
Common Stock	118.94	10.11	10.39	10.41	10.39	10.44
Additional Paid-In Capital	-	38.82	41.79	42.07	41.88	42.43
Retained Earnings	-	82.23	78.47	69.84	64.36	57.08
Comprehensive Income & Other	-	-17.3	-15.96	-19.16	1.01	4.24
Shareholders' Equity	118.94	113.86	114.69	103.16	117.64	114.19
Total Liabilities & Equity	1,215	1,154	1,149	1,306	1,320	1,167
Total Debt	13.4	17.44	15.97	14.55	15.29	15.9
Net Cash (Debt)	85.42	62.71	92.1	303.93	374.33	212.97
Net Cash Growth	36.58%	-31.91%	-69.70%	-18.80%	75.77%	236.58%
Net Cash Per Share	8.40	6.08	8.83	29.16	35.85	20.10
Filing Date Shares Outstanding	10.02	10.11	10.39	10.41	10.39	10.43
Total Common Shares Outstanding	10.02	10.11	10.39	10.41	10.39	10.43
Book Value Per Share	11.87	11.26	11.04	9.91	11.32	10.94
Tangible Book Value	105.5	100.42	101.26	89.73	104.2	100.73
Tangible Book Value Per Share	10.53	9.93	9.75	8.62	10.03	9.65

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