Pacific Financial Corporation·Financial Services

NEW YORK, May 05, 2026 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating

NEW YORK, May 01, 2026 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Pacific Financial Corporation (OTCQX: PFLC ) related to its merger with Banner Corporation. Under the terms of the proposed transaction, Pacific Financial shareholders are expected to receive 0.2633 share of Banner common stock for each share of Pacific Financial. Is it a fair deal?

MILWAUKEE, April 30, 2026 /PRNewswire/ -- Ademi LLP is investigating Pacific Financial (OTCQX: PFLC) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Banner Corporation. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995.

WALLA WALLA, Wash. & ABERDEEN, Wash.--(BUSINESS WIRE)--Banner Corporation (“Banner”) (NASDAQ: BANR), the holding company for Banner Bank, and Pacific Financial Corporation (“Pacific Financial”) (OTCQX: PFLC), the holding company for Bank of the Pacific, today jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Banner will acquire Pacific Financial in an all-stock transaction, subject to the terms and conditions set forth therein. Follow.

ABERDEEN, Wash., April 24, 2026 (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 $3.1 million, or $0.30 per diluted share for the first quarter of 2026, compared to $3.1 million, or $0.31 per diluted share for the fourth quarter of 2025, and $2.4 million, or $0.24 per diluted share for the first quarter of 2025. The current quarter's net income relative to the prior quarter reflects a slight decrease in net interest income, a recapture for credit losses, lower non-interest income and lower non-interest expenses.
Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit. It also provides business and commercial loans, commercial real estate loans, and SBA guaranteed loans, as well as inventory, equipment, and working capital loans; Visa business cards; and cash/treasury management, merchant, and online and mobile banking services. The company operates fourteen branches in the communities of Grays Harbor, Pacific, Whatcom, Clark, Skagit, and Wahkiakum counties in the state of Washington; and two branches in Clatsop County, Oregon. It also operates three loan production offices in the communities of Burlington, Washington and Salem and Eugene, Oregon. The company was founded in 1971 and is headquartered in Aberdeen, Washington.
Financial Services
Banks - Regional
234
2005-02-17
0.38