Pacific Financial Corporation Q1 Income Climbs
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Pacific Financial Corporation (PFLC) reported a Q1 profit of $3.050 million, or $0.30 per share, up from $2.377 million, or $0.24 per share, last year. Net interest income rose to $12 million, while noninterest income increased to $1.3 million. Total deposits grew to $1.14 billion, and gross loan balances rose by 9% to $771.1 million. The Board declared a quarterly cash dividend of $0.15 per share, payable on May 22, 2026, to shareholders of record as of May 8, 2026.
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