
Pacific Continental Corporation Buyback
OLI recorded this information on 5/7/2014
Company:
Pacific Continental Corporation
Buyback:
PCBK buyback
Share Amount Authorized:
5%
Buyback Details:
Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, today announced its board of directors recently authorized the repurchase of up to 5 percent of the Company's outstanding shares, or approximately 892,000 shares. The purchases will take place during a 12-month period.
Pacific Continental is a bank holding company. Through its subsidiary, Pacific Continental Bank (the Bank), Co. provides commercial banking, financing, mortgage lending and other services. The Bank operates in three primary markets: Eugene, OR; Portland, OR/Southwest Washington and Puget Sound, WA. Co.'s deposit services include checking, savings, money market accounts and time deposits. Co. provides online cash management, remote deposit capture and banking services. Co. also allows customer access to deposit and loan information via telephone and online cash management products. As of Dec 31 2016, Co. had total assets of $2.54 billion and total deposits of $2.15 billion.
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