---
title: "Pacific Financial Corp Reports First Quarter 2026 Earnings of $3.1 Million, or $0.30 per Diluted Share; Declares Quarterly Cash Dividend of $0.15 per Share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284005615.md"
description: "Pacific Financial Corporation (OTCQX: PFLC) reported first-quarter 2026 earnings of $3.1 million, or $0.30 per diluted share, a slight decrease from $3.1 million, or $0.31 per diluted share in Q4 2025. However, it shows an increase from $2.4 million, or $0.24 per diluted share in Q1 2025. The decline from the previous quarter is attributed to lower net interest income, recaptured credit losses, reduced non-interest income, and lower non-interest expenses. The company also declared a quarterly cash dividend of $0.15 per share."
datetime: "2026-04-24T12:31:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284005615.md)
  - [en](https://longbridge.com/en/news/284005615.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284005615.md)
---

# Pacific Financial Corp Reports First Quarter 2026 Earnings of $3.1 Million, or $0.30 per Diluted Share; Declares Quarterly Cash Dividend of $0.15 per Share

A financial holding company, Pacific Financial Corporation (OTCQX: PFLC), based in Aberdeen, Washington, released its first-quarter results for 2026. The company, which owns Bank of the Pacific, announced a net income of $3.1 million, translating to $0.30 per diluted share. This marks a slight decrease from the previous quarter's net income of $3.1 million, or $0.31 per diluted share in the fourth quarter of 2025, and a noticeable increase from the $2.4 million, or $0.24 per diluted share in the first quarter of 2025. The drop in net income compared to the previous quarter is attributed to lower net interest income, alongside recaptured credit losses, reduced non-interest income, and lower non-interest expenses.

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