Press Release: First Pacific Bancorp Reports Fourth Quarter and Full Year 2024 Results

Dow Jones

Feb 07, 2025

    total loans          1.15%          1.16%          1.15%          1.13%          1.13% 
   Nonperforming 
    loans          $      672            991             77            160             61 
 
END OF PERIOD 
BALANCES 
   Total loans     $  277,384        267,955        270,020        274,753        275,198 
   Total assets    $  432,972        433,754        430,439        441,069        420,217 
   Deposits        $  350,696        341,792        353,596        349,506        333,312 
   Loans to 
    deposits             79.1%          78.4%          76.4%          78.6%          82.6% 
   Shareholders' 
    equity         $   39,153         38,532         38,062         37,626         37,375 
   Full-time 
    equivalent 
    employees              49             44             44             46             45 
 
AVERAGE BALANCES 
(QTRLY) 
   Total loans     $  276,294        273,960        267,766        275,578        276,016 
   Earning assets  $  412,417        410,298        416,965        412,791        404,210 
   Total assets    $  425,750        424,199        430,830        426,592        417,595 
   Deposits        $  355,369        346,142        346,032        341,226        323,300 
   Shareholders' 
    equity         $   38,746         38,267         37,788         37,443         37,179 
 
Contacts 
Investor Relations Contact 
Jim Burgess 
858.461.7302 
jburgess@firstpacbank.com 
 
Media Relations Contact 
Amanda Conover 
858.461.7308 
aconover@firstpacbank.com

(END) Dow Jones Newswires

February 06, 2025 17:16 ET (22:16 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2509780969"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2509780969\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2509780969?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-07 06:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2509780969","market":"us","top_or_hot":-1,"title":"Press Release: First Pacific Bancorp Reports Fourth Quarter and Full Year 2024 Results","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n    total loans          1.15%          1.16%          1.15%          1.13%          1.13% \n   Nonperforming \n    loans          $      672            991             77            160             61 \n \nEND OF PERIOD \nBALANCES \n   Total loans     $  277,384        267,955        270,020        274,753        275,198 \n   Total assets    $  432,972        433,754        430,439        441,069        420,217 \n   Deposits        $  350,696        341,792        353,596        349,506        333,312 \n   Loans to \n    deposits             79.1%          78.4%          76.4%          78.6%          82.6% \n   Shareholders' \n    equity         $   39,153         38,532         38,062         37,626         37,375 \n   Full-time \n    equivalent \n    employees              49             44             44             46             45 \n \nAVERAGE BALANCES \n(QTRLY) \n   Total loans     $  276,294        273,960        267,766        275,578        276,016 \n   Earning assets  $  412,417        410,298        416,965        412,791        404,210 \n   Total assets    $  425,750        424,199        430,830        426,592        417,595 \n   Deposits        $  355,369        346,142        346,032        341,226        323,300 \n   Shareholders' \n    equity         $   38,746         38,267         37,788         37,443         37,179 \n \nContacts \nInvestor Relations Contact \nJim Burgess \n858.461.7302 \njburgess@firstpacbank.com \n \nMedia Relations Contact \nAmanda Conover \n858.461.7308 \naconover@firstpacbank.com \n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 17:16 ET (22:16 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: First Pacific Bancorp Reports Fourth Quarter and Full Year 2024 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-07 06:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n    total loans          1.15%          1.16%          1.15%          1.13%          1.13% \n   Nonperforming \n    loans          $      672            991             77            160             61 \n \nEND OF PERIOD \nBALANCES \n   Total loans     $  277,384        267,955        270,020        274,753        275,198 \n   Total assets    $  432,972        433,754        430,439        441,069        420,217 \n   Deposits        $  350,696        341,792        353,596        349,506        333,312 \n   Loans to \n    deposits             79.1%          78.4%          76.4%          78.6%          82.6% \n   Shareholders' \n    equity         $   39,153         38,532         38,062         37,626         37,375 \n   Full-time \n    equivalent \n    employees              49             44             44             46             45 \n \nAVERAGE BALANCES \n(QTRLY) \n   Total loans     $  276,294        273,960        267,766        275,578        276,016 \n   Earning assets  $  412,417        410,298        416,965        412,791        404,210 \n   Total assets    $  425,750        424,199        430,830        426,592        417,595 \n   Deposits        $  355,369        346,142        346,032        341,226        323,300 \n   Shareholders' \n    equity         $   38,746         38,267         37,788         37,443         37,179 \n \nContacts \nInvestor Relations Contact \nJim Burgess \n858.461.7302 \njburgess@firstpacbank.com \n \nMedia Relations Contact \nAmanda Conover \n858.461.7308 \naconover@firstpacbank.com \n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 17:16 ET (22:16 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HTM","symbol_name":"U.S. Geothermal Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509780969","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509780969","pubTimestamp":1738880160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"WHITTIER, Calif., Feb. 06, 2025  -- First Pacific Bancorp  , the holding company for First Pacific Bank , today reported consolidated results for the fourth quarter and year ending December 31, 2024, marking its seventh consecutive quarter of profitability. The Company remains well-capitalized, with a robust liquidity position supported by a stable core deposit base and access to substantial sources of liquidity.Highlights for the fourth quarter and full year 2024 include:. -- Total assets ended 2024 at $433 million, up $13 million from $420 million. -- Total deposits ended 2024 at $351 million, up $18 million since year end. leverage capital ratio of 9.0% and a total risk-based capital ratio of. \"We delivered another strong quarter of financial results highlighted by loan and deposit growth, excellent asset quality, and a solid capital and liquidity position,\" said Nathan Rogge, President and Chief Executive Officer. \"We enter 2025 with strong momentum and a clear growth strategy, dri","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HTM":"U.S. Geothermal Inc","FPBC":"First Pacific Bancorp","BK4211":"区域性银行"},"translate_title":"新闻稿：第一太平洋银行报告2024年第四季度和全年业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HTM":1,"FPBC":1},"content_text":"total loans          1.15%          1.16%          1.15%          1.13%          1.13% \n   Nonperforming \n    loans          $      672            991             77            160             61 \n \nEND OF PERIOD \nBALANCES \n   Total loans     $  277,384        267,955        270,020        274,753        275,198 \n   Total assets    $  432,972        433,754        430,439        441,069        420,217 \n   Deposits        $  350,696        341,792        353,596        349,506        333,312 \n   Loans to \n    deposits             79.1%          78.4%          76.4%          78.6%          82.6% \n   Shareholders' \n    equity         $   39,153         38,532         38,062         37,626         37,375 \n   Full-time \n    equivalent \n    employees              49             44             44             46             45 \n \nAVERAGE BALANCES \n(QTRLY) \n   Total loans     $  276,294        273,960        267,766        275,578        276,016 \n   Earning assets  $  412,417        410,298        416,965        412,791        404,210 \n   Total assets    $  425,750        424,199        430,830        426,592        417,595 \n   Deposits        $  355,369        346,142        346,032        341,226        323,300 \n   Shareholders' \n    equity         $   38,746         38,267         37,788         37,443         37,179 \n \nContacts \nInvestor Relations Contact \nJim Burgess \n858.461.7302 \njburgess@firstpacbank.com \n \nMedia Relations Contact \nAmanda Conover \n858.461.7308 \naconover@firstpacbank.com \n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 06, 2025 17:16 ET (22:16 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}