| Business Summary | | Pacific
Continental
Corp.
is
a
holding
company
that
conducts
its
principal
business
activities
through
its
full-
service
commercial
bank
subsidiary,
Pacific
Continental
Bank
(the
Bank).
The
Bank
focuses
on
lending
to
small
and
medium-sized
businesses,
and
construction
lending
for
commercial
facilities
and
single-family
residences.
The
Bank
also
offers
credit
card
services
to
its
consumer
and
business
customers.
The
Bank
provides
other
traditional
commercial
and
consumer
banking
services,
including
safe
deposit
services,
debit
and
ATM
cards,
savings
bonds,
cashier's
checks,
travelers
checks
and
notary
services.
The
Bank's
investment
portfolio
is
comprised
of
securities
backed
by
the
United
States
Treasury,
United
States
Government
agencies
and
corporations
and
mortgages,
and
taxable
obligations
of
states
and
political
subdivisions.
The
Bank
has
facilities
in
six
Oregon
cities
and
towns,
and
operates
nine
full-service
and
one
limited-service
offices. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PMBC
is
the
holding
company
of
Pacific
Continental
Bank,
which
is
an
Oregon
state-chartered
commerical
bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
2%
to
$13
million.
Net
interest
income
after
loan
loss
prov.
rose
12%
to
$8.6
million.
Net
income
rose
37%
to
$2.9
million.
Net
interest
income
reflects
increased
earning
assets
and
improved
net
interest
margin.
Higher
income
also
reflects
increased
volumes
of
clients
and
transactions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Ballin, 59 Chairman | -- | J. Bruce Riddle, 56 Pres,
CEO, Director | $476K | Hal Brown, 47 Exec.
VP, COO | 216K | John Gyde, 58 Exec.
VP and Sr. Loan Officer | 167K | Mitchell Hagstrom, 44 Sr.
VP, Mang. Client Services | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|