Pacific Financial Corp (PFLC) financial statements (2020 and earlier)

Company profile

Business Address 1101 S BOONE STREET
ABERDEEN, WA 98520-5244
State of Incorp. WA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments31  
Cash and cash equivalents31  
Disposal group, including discontinued operation6  
Total current assets:37  
Noncurrent Assets
Property, plant and equipment161715
Intangible assets, net (including goodwill)141413
Goodwill121211
Intangible assets, net (excluding goodwill)111
Total noncurrent assets:303027
Other undisclosed assets678675616
TOTAL ASSETS:745705644
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt  3
Due to related parties2  
Total current liabilities:2 3
Noncurrent Liabilities
Long-term debt and lease obligation, including:11  
Other undisclosed long-term debt and lease obligation11  
Total noncurrent liabilities:11  
Other undisclosed liabilities658638574
Total liabilities:672638577
Stockholders' equity
Stockholders' equity attributable to parent726767
Common stock101010
Additional paid in capital434241
Accumulated other comprehensive income (loss)(0)(1)0
Retained earnings191715
Total stockholders' equity:726767
TOTAL LIABILITIES AND EQUITY:745705644

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues33  
Net investment income27  
Financial services revenue6  
Cost of revenue
(Financial Services Costs)
(0)  
Gross profit:32  
Operating expenses(25)(21)(19)
Other operating income, net
(Noninterest Income, Other Operating Income)
222
Operating income (loss):9(18)(18)
Nonoperating income101
Investment income, nonoperating0(0) 
Gains (losses) on sales of other real estate(0)00
Bank owned life insurance income101
Interest and debt expense(2)(2)(3)
Income (loss) from continuing operations before equity method investments, income taxes:8(20)(20)
Other undisclosed income (loss) from continuing operations before income taxes(1)2526
Income from continuing operations before income taxes:756
Income tax expense(2)(1)(1)
Net income available to common stockholders, diluted:545

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income:545
Other comprehensive income1  
Comprehensive income:645
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)(2)1
Comprehensive income, net of tax, attributable to parent:625

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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