| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
23 |
| Employees |
322 |
| Revenues (TTM) (Millions $) |
101 |
| Net Income (TTM) (Millions $) |
29 |
| Cash Flow (TTM) (Millions $) |
34 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Pacific Continental Corp was a regional community bank holding company, headquartered in Eugene, Oregon. The company was founded in 1972 and operated under the name Pacific Continental Bank. It was a publicly traded company on the NASDAQ stock exchange with the ticker symbol "PCBK". In 2017, the company was acquired by Columbia Banking System, Inc. in a $644.1 million deal.
Pacific Continental Corp provided a range of banking and financial services to businesses, professionals, and nonprofit organizations in the Pacific Northwest. The bank's services included commercial and industrial loans, commercial real estate loans, construction and land development loans, small business administration loans, treasury management services, and merchant services. The bank also offered personal banking services such as checking and savings accounts, certificates of deposit, individual retirement accounts, and consumer loans.
Pacific Continental Corp was known for its focus on relationship banking, building strong relationships with its customers and helping them achieve their financial goals. The bank employed a team of experienced bankers who worked closely with clients to develop customized financial solutions tailored to their specific needs. The bank's commitment to personalized service and strong relationships was a major factor in its success and growth over the years.
Pacific Continental Corp was also committed to serving the communities where it operated. The bank donated time and resources to support a range of nonprofit organizations, and its employees volunteered their time for various community service activities. Pacific Continental Bank also provided financial education programs to help people understand and manage their finances.
In summary, Pacific Continental Corp was a regional community bank holding company that provided a range of banking and financial services to businesses, professionals, and nonprofit organizations in the Pacific Northwest. The bank was known for its focus on relationship banking, personalized service, and commitment to serving the community. Its acquisition by Columbia Banking System marked the end of an era, but its legacy of strong relationships and community service continues to live on.
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