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Pacific Financial Corp

Regional Pacific Financial Corporation (symbol: PFLC) is a bank holding company that operates through its subsidiary, Pacific State Bank. The bank provides a range of financial services to individuals and businesses in California, with a focus on the Asian-American market.

As of the most recent quarter (Q3 2021), Regional Pacific Banks reported net income of $1.6 million, representing a significant increase from the $0.5 million in net income reported in Q3 2020. This marks the fourth consecutive quarter of year-over-year growth in net income for the company.

In terms of earnings, the company reported diluted earnings per share (EPS) of $0.17 in Q3 2021, up from $0.06 in Q3 2020. This represents a 183.3% increase in EPS.

The company's return on average assets (ROAA) and return on average equity (ROAE) were 0.65% and 6.28%, respectively, for the nine months ended September 30, 2021. These ratios are considered strong for a community bank.

In terms of growth, the company has reported steady loan growth, with total loans increasing by $90.4 million, or 10.3%, from December 31, 2020 to September 30, 2021. The company has also seen growth in deposits, with total deposits increasing by $101.5 million, or 7.1%, during the same period.

It's worth noting that, as a small cap bank, the company is subject to various risks such as credit risk, interest rate risk and economic conditions which can impact its performance. However, the company's financial performance and growth over the past few quarters have been positive.

Overall, the company's strong earnings, growth, and returns, combined with its focus on the Asian-American market, make it an interesting company to watch in the banking sector. As always, it's recommended to do your own research and consult with a financial advisor when making investment decisions.