Friendly Hills Bancorp Stock Price, News & Analysis

First Pacific Bank (FPBC) was named one of the Best Places to Work in San Diego by the San Diego Business Journal on Oct 9, 2025. In its first year in the program the bank placed third in the Small Business category, based on employee surveys and assessments of policies, compensation, benefits, training and culture. The bank cited quarterly and annual recognition programs, team-building, volunteer opportunities, ongoing training, and competitive compensation as contributors to the award.

The announcement also noted First Pacific Bank was a 2025 finalist for the Better Business Bureau Torch Awards for Ethics, highlighting its focus on integrity and community impact. More details are available at firstpacbank.com.

First Pacific Bank (FPBC) has expanded its San Diego presence with a new upgraded branch and regional office at 11988 El Camino Real. The 4,000+ square-foot facility, located in a LEED-certified building, replaces the previous branch across the street and features modern design focused on client service.

The enhanced space, designed in partnership with Cultura, maintains sustainability by reusing over 60% of existing furniture. The location will continue offering comprehensive financial solutions including commercial lending, treasury management, and personalized banking services to local businesses and professionals.

First Pacific Bank (FPBC) has been selected as a finalist for the prestigious 2025 BBB Torch Awards for Ethics by the Better Business Bureau Pacific Southwest, Central & Inland California. The recognition highlights the bank's commitment to ethical business practices and integrity in marketplace operations.

The selection process evaluated companies across four key categories: Character, Culture, Customers, and Community. Winners will be announced at an awards ceremony on September 9, 2025. First Pacific Bank's President and CEO Nathan Rogge emphasized the company's dedication to ethical decision-making and strong client relationships as fundamental principles of their business operations.

First Pacific Bancorp (OTCID: FPBC) reported strong financial results for Q2 2025, demonstrating robust growth and solid performance metrics. The company's total assets reached $478 million, up $45 million since year-end 2024, while deposits grew to $378 million, a $27 million increase.

Key highlights include total loans of $312 million, representing a $35 million increase, and net income of $454 thousand for Q2 2025, more than doubling from $198 thousand in Q2 2024. The bank maintains strong capital ratios with a leverage capital ratio of 8.8% and a total risk-based capital ratio of 12.3%. Asset quality remains excellent with minimal non-performing assets and an allowance for credit losses of 1.02%.

First Pacific Bank (OTC Pink: FPBC) has received the 2025 Great Company Culture Award from CultureID for the second consecutive year. The recognition stems from strong employee feedback in the 2025 Employee Engagement Survey, placing the bank in the top third of participating organizations. The award highlights the bank's success in fostering positive workplace relationships, accountability, clear alignment, and consistent communication. First Pacific Bank's President and CEO Nathan Rogge emphasized the importance of building a supportive workplace aligned with core values, while CultureID's CEO Kelly Burns praised the bank's employee-centric approach as a model for other organizations.

First Pacific Bancorp (FPBC) reported strong Q1 2025 results, marking its eighth consecutive profitable quarter. The bank's total assets reached $456 million, up $23 million from Q4 2024, while deposits grew to $390 million, a $39 million increase. Total loans rose to $294 million, up $17 million.

The company achieved a net income of $393 thousand in Q1 2025, significantly higher than $162 thousand in Q1 2024. The bank maintains excellent asset quality with minimal non-performing assets and a 1.08% allowance for credit losses. With a leverage capital ratio of 9.0% and total risk-based capital ratio of 12.7%, First Pacific remains well-capitalized with strong liquidity, including $47 million in cash and cash equivalents and $187 million in unused borrowing capacity.

First Pacific Bancorp (FPBC) reported its fourth quarter and full year 2024 results, marking its seventh consecutive quarter of profitability. The company's total assets reached $433 million, up $13 million from 2023, while deposits increased by $18 million to $351 million. Total loans grew by $2 million to $277 million.

The bank maintained strong financial metrics with a leverage capital ratio of 9.0% and a total risk-based capital ratio of 13.4%. Cash and cash equivalents totaled $41 million, a $19 million increase from 2023, with unused borrowing capacity of $167 million.

Q4 2024 pre-tax, pre-provision profit was $702 thousand, up from $345 thousand in Q3. Net income for Q4 2024 reached $500 thousand, compared to $249 thousand in Q3. Full-year 2024 net income was $1.1 million, recovering from a $164 thousand loss in 2023. Asset quality remained excellent with an allowance for credit losses at 1.15% of total loans.

First Pacific Bank, a $430 million community bank serving Southern California, has selected Q2 Holdings (NYSE: QTWO) to enhance its commercial banking capabilities. The partnership will enable First Pacific Bank to deliver enhanced digital banking services through Q2's platform, including high-volume wire origination, Zelle® and FedNow® integrations, and improved fraud protection. The bank aims to strengthen its competitive position while boosting operational efficiency through Q2's solutions.

First Pacific Bancorp (FPBC) reported its Q3 2024 results, marking its sixth consecutive profitable quarter. Total assets reached $434 million, up $14 million from year-end 2023. Deposits increased to $342 million, while loans decreased to $268 million. The bank maintained strong capital ratios with leverage at 8.8% and total risk-based at 12.8%. Q3 2024 net income was $249 thousand, up from $198 thousand in Q2. Year-to-date net income reached $608 thousand, compared to a $219 thousand loss in the same period of 2023. Asset quality remained excellent with minimal non-performing assets.