First Pacific Bancorp Reports Strong Second Quarter 2025 Results
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 Bancorp (OTCID: FPBC) ha riportato risultati finanziari solidi per il secondo trimestre 2025, mostrando una crescita robusta e metriche di performance positive. Gli attivi totali della società hanno raggiunto i 478 milioni di dollari, con un aumento di 45 milioni rispetto alla fine del 2024, mentre i depositi sono cresciuti fino a 378 milioni di dollari, con un incremento di 27 milioni.
I punti salienti includono prestiti totali pari a 312 milioni di dollari, con un aumento di 35 milioni, e un utile netto di 454 mila dollari per il secondo trimestre 2025, più che raddoppiato rispetto ai 198 mila dollari del secondo trimestre 2024. La banca mantiene solidi rapporti patrimoniali con un rapporto di leva finanziaria dell'8,8% e un rapporto patrimoniale totale basato sul rischio del 12,3%. La qualità degli attivi resta eccellente con pochi crediti deteriorati e un accantonamento per perdite su crediti dell'1,02%.
First Pacific Bancorp (OTCID: FPBC) reportó sólidos resultados financieros para el segundo trimestre de 2025, demostrando un crecimiento robusto y métricas de desempeño sólidas. Los activos totales de la compañía alcanzaron los 478 millones de dólares, un aumento de 45 millones desde finales de 2024, mientras que los depósitos crecieron hasta 378 millones de dólares, un incremento de 27 millones.
Los aspectos destacados incluyen préstamos totales por 312 millones de dólares, lo que representa un aumento de 35 millones, y un ingreso neto de 454 mil dólares para el segundo trimestre de 2025, más del doble de los 198 mil dólares del segundo trimestre de 2024. El banco mantiene fuertes ratios de capital con un índice de apalancamiento del 8,8% y un índice total de capital basado en riesgos del 12,3%. La calidad de los activos sigue siendo excelente con mínimos activos no productivos y una provisión para pérdidas crediticias del 1,02%.
First Pacific Bancorp (OTCID: FPBC)는 2025년 2분기에 견고한 재무 실적을 보고하며 강력한 성장과 안정적인 성과 지표를 보여주었습니다. 회사의 총 자산은 4억 7,800만 달러에 달했으며, 2024년 말 대비 4,500만 달러 증가했고, 예금은 3억 7,800만 달러로 2,700만 달러 증가하였습니다.
주요 내용으로는 총 대출이 3억 1,200만 달러로 3,500만 달러 증가했고, 2025년 2분기 순이익은 45만 4천 달러로 2024년 2분기 19만 8천 달러에서 두 배 이상 증가했습니다. 은행은 레버리지 자본 비율 8.8%과 총 위험기반 자본 비율 12.3%로 강한 자본 비율을 유지하고 있습니다. 자산 품질도 우수하며 부실 자산이 거의 없고 신용 손실 충당금은 1.02%입니다.
First Pacific Bancorp (OTCID: FPBC) a annoncé de solides résultats financiers pour le deuxième trimestre 2025, démontrant une croissance robuste et des indicateurs de performance solides. Les actifs totaux de la société ont atteint 478 millions de dollars, en hausse de 45 millions depuis la fin 2024, tandis que les dépôts ont augmenté pour atteindre 378 millions de dollars, soit une hausse de 27 millions.
Les points clés incluent des prêts totaux de 312 millions de dollars, soit une augmentation de 35 millions, et un revenu net de 454 000 dollars pour le deuxième trimestre 2025, plus que doublé par rapport aux 198 000 dollars du deuxième trimestre 2024. La banque maintient des ratios de capital solides avec un ratio de levier de 8,8% et un ratio de capital total pondéré en fonction des risques de 12,3%. La qualité des actifs reste excellente avec un minimum d'actifs non performants et une provision pour pertes sur crédits de 1,02%.
First Pacific Bancorp (OTCID: FPBC) meldete starke Finanzergebnisse für das zweite Quartal 2025 und zeigte ein robustes Wachstum sowie solide Leistungskennzahlen. Die Gesamtvermögenswerte des Unternehmens erreichten 478 Millionen Dollar, ein Anstieg um 45 Millionen seit Ende 2024, während die Einlagen auf 378 Millionen Dollar stiegen, eine Zunahme um 27 Millionen.
Zu den wichtigsten Highlights gehören Gesamtkredite von 312 Millionen Dollar, was einem Anstieg von 35 Millionen entspricht, sowie ein Nettoeinkommen von 454.000 Dollar für das zweite Quartal 2025, mehr als eine Verdopplung gegenüber 198.000 Dollar im zweiten Quartal 2024. Die Bank hält starke Kapitalquoten mit einer Leverage-Kapitalquote von 8,8% und einer Gesamtrisikobasierten Kapitalquote von 12,3%. Die Vermögensqualität bleibt ausgezeichnet mit minimalen notleidenden Vermögenswerten und einer Rückstellung für Kreditverluste von 1,02%.
- Net income more than doubled year-over-year to $454 thousand in Q2 2025
- Total assets grew by $45 million to $478 million since year-end 2024
- Strong deposit growth of $27 million since year-end 2024
- Excellent asset quality with zero loan losses
- Robust liquidity position with $52 million in cash and $162 million in unused borrowing capacity
- Relatively low allowance for credit losses at 1.02% of total loans
- Capital ratios, while adequate, are lower compared to larger banks
WHITTIER, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- First Pacific Bancorp (the “Company”) (OTCID: FPBC), the holding company for First Pacific Bank (the “Bank”), today reported consolidated results for the second quarter ending June 30, 2025. The Company remains well-capitalized, with a healthy liquidity position supported by a stable core deposit base and access to substantial sources of liquidity.
Highlights for the second quarter of 2025 include:
- Total assets ended the second quarter of 2025 at
$478 million , up$45 million since year end 2024. - Total deposits ended the second quarter of 2025 at
$378 million , up$27 million since year end 2024. - Total loans ended the second quarter of 2025 at
$312 million , up$35 million from year end 2024. - Asset quality remains excellent with minimal levels of classified or non-performing assets.
- The Bank ended the second quarter with a robust capital position, with a leverage capital ratio of
8.8% and a total risk-based capital ratio of12.3% . - As of June 30, 2025, cash and cash equivalents totaled
$52 million , including funds invested overnight, up$11 million since year end 2024. - Unused borrowing capacity from credit facilities on June 30, 2025, totaled
$162 million .
For the second quarter ending June 30, 2025, the Company realized a pre-tax, pre-provision profit of
Asset quality remains excellent with minimal non-performing assets, an allowance for credit losses of
“This quarter’s results highlight the strength of our balance sheet and the steady execution of our long-term growth strategy. The Board remains confident in the Bank’s leadership and direction, and appreciates the dedication of our employees, the loyalty of our clients, and the continued support of our shareholders,” said Joe Matranga, Chairman of the Board.
“We are pleased with our second quarter results,” said Nathan Rogge, President and Chief Executive Officer. “We have been focused on growing our loans and deposits, while maintaining our excellent asset quality and strong liquidity. Our success is driven by our disciplined lending, prudent risk management, and an unwavering commitment to our clients. During the past quarter, we introduced several technological enhancements—from digital banking to payment solutions—designed to enhance our client experience. We look forward to reaching even more clients and strengthening relationships through these improved offerings.”
ABOUT FIRST PACIFIC BANK
First Pacific Bank is a wholly owned subsidiary of First Pacific Bancorp (OTCID: FPBC) and is a growing community bank catering to individuals, professionals, and small-to-medium sized businesses throughout Southern California. Since opening in 2006, the Bank has offered a personalized approach, access to decision makers, a broad range of solutions, and a commitment to delivering an exceptional customer experience. First Pacific Bank operates locations in Los Angeles County, Orange County, San Diego County, and the Inland Empire. For more information, visit firstpacbank.com or call 888.BNK.AT.FPB.
FORWARD-LOOKING STATEMENTS
This news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, and First Pacific Bancorp intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely. Forward-looking statements relate to, among other things, our business plan, and strategies, and can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may” and similar expressions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. Factors that might cause such differences include, but are not limited to: successfully realizing the benefits of our business strategy and plans,; changes in general economic and financial market conditions, either nationally or locally, in areas in which First Pacific Bank conducts its operations; effects of inflation and changes in interest rates; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; increased competitive challenges and expanding product and pricing pressures among financial institutions; impact of any natural disasters, including earthquakes; effect of governmental supervision and regulation, including any regulatory or other enforcement actions; legislation or regulatory changes which adversely affect First Pacific Bank’s operations or business; loss of key personnel; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies. The Company does not undertake, and specifically disclaims any obligation to update any forward-looking statements to reflect occurrences or unanticipated events, or circumstances after the date of such statements except as required by law.
Contacts
| Investor Relations Contact | Media Relations Contact | |
| Jim Burgess | Amanda Conover | |
| 858.461.7302 | 858.461.7308 | |
| jburgess@firstpacbank.com | aconover@firstpacbank.com | |
--- Summary Financial Tables Follow ---
| First Pacific Bancorp | |||||||||||||||
| Consolidated Balance Sheets | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | |||||||||||
| ASSETS | |||||||||||||||
| Cash and due from banks | $ | 8,336,307 | $ | 8,042,164 | $ | 4,708,926 | $ | 23,584,084 | $ | 4,671,483 | |||||
| Fed funds sold & int-bearing balances | 43,670,000 | 39,250,000 | 36,290,000 | 25,520,000 | 37,860,000 | ||||||||||
| Total cash and cash equivalents | 52,006,307 | 47,292,164 | 40,998,926 | 49,104,084 | 42,531,483 | ||||||||||
| Debt securities (AFS) | 1,791,113 | 1,859,740 | 1,866,022 | 3,041,852 | 3,077,666 | ||||||||||
| Debt securities (HTM) | 98,052,199 | 99,099,346 | 100,257,560 | 101,260,391 | 102,202,926 | ||||||||||
| Total debt securities | 99,843,312 | 100,959,086 | 102,123,582 | 104,302,243 | 105,280,592 | ||||||||||
| Construction & land development | 26,181,088 | 25,245,823 | 23,320,351 | 23,067,204 | 24,651,513 | ||||||||||
| 1-4 Family residential | 68,065,742 | 63,536,698 | 58,588,090 | 58,082,570 | 68,588,393 | ||||||||||
| Multifamily residential | 30,570,654 | 30,452,183 | 28,561,276 | 28,966,811 | 26,800,829 | ||||||||||
| Nonfarm, nonresidential real estate | 120,672,305 | 105,299,777 | 100,066,570 | 99,715,860 | 94,643,169 | ||||||||||
| Commercial & industrial | 62,021,304 | 64,956,570 | 62,322,690 | 57,342,017 | 53,504,969 | ||||||||||
| Consumer & Other | 4,378,029 | 4,572,607 | 4,525,108 | 780,639 | 1,831,036 | ||||||||||
| Total loans | 311,889,122 | 294,063,658 | 277,384,085 | 267,955,101 | 270,019,909 | ||||||||||
| Allowance for credit losses (loans) | (3,179,637 | ) | (3,179,637 | ) | (3,179,637 | ) | (3,109,975 | ) | (3,109,975 | ) | |||||
| Total loans, net | 308,709,485 | 290,884,021 | 274,204,448 | 264,845,126 | 266,909,934 | ||||||||||
| Premises, equipment, and ROU net | 2,918,754 | 2,822,403 | 1,328,964 | 1,452,886 | 1,714,833 | ||||||||||
| Goodwill, core deposit & other intangibles | 1,202,582 | 1,259,139 | 1,273,134 | 1,287,129 | 1,298,084 | ||||||||||
| Bank owned life insurance | 5,347,738 | 5,317,491 | 5,287,738 | 5,257,550 | 5,227,763 | ||||||||||
| Accrued interest and other assets | 7,650,569 | 7,703,693 | 7,755,355 | 7,505,380 | 7,476,554 | ||||||||||
| Total Assets | $ | 477,678,747 | $ | 456,237,997 | $ | 432,972,147 | $ | 433,754,398 | $ | 430,439,243 | |||||
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||||||||
| Deposits: | |||||||||||||||
| Noninterest-bearing demand | $ | 138,110,569 | $ | 143,205,484 | $ | 131,515,568 | $ | 129,473,091 | $ | 144,240,187 | |||||
| Interest-bearing transaction accounts | 24,968,600 | 39,203,360 | 28,454,639 | 24,660,000 | 24,797,108 | ||||||||||
| Money market and savings | 178,569,935 | 162,563,677 | 146,423,126 | 143,270,628 | 143,497,864 | ||||||||||
| Time deposits | 35,936,500 | 44,568,676 | 44,302,867 | 44,388,137 | 41,060,590 | ||||||||||
| Total deposits | 377,585,604 | 389,541,197 | 350,696,200 | 341,791,856 | 353,595,749 | ||||||||||
| Borrowings | 55,000,000 | 23,000,000 | 40,000,000 | 50,000,000 | 35,000,000 | ||||||||||
| Accrued interest and other liabilities | 4,705,376 | 3,952,095 | 3,122,902 | 3,430,132 | 3,781,444 | ||||||||||
| Total liabilities | 437,290,980 | 416,493,292 | 393,819,102 | 395,221,988 | 392,377,193 | ||||||||||
| Shareholders' Equity: | |||||||||||||||
| Capital stock and APIC | 37,552,889 | 37,389,068 | 37,272,567 | 37,117,627 | 36,970,386 | ||||||||||
| Retained earnings | 3,497,084 | 3,043,502 | 2,650,877 | 2,151,305 | 1,902,788 | ||||||||||
| Accum other comprehensive income | (662,206 | ) | (687,865 | ) | (770,399 | ) | (736,522 | ) | (811,124 | ) | |||||
| Total shareholders' equity | 40,387,767 | 39,744,705 | 39,153,045 | 38,532,410 | 38,062,050 | ||||||||||
| Total Liabilities and Shareholders' Equity | $ | 477,678,747 | $ | 456,237,997 | $ | 432,972,147 | $ | 433,754,398 | $ | 430,439,243 | |||||
| First Pacific Bancorp | ||||||||||||||||||
| Consolidated Income Statements - Quarterly | ||||||||||||||||||
| (Unaudited) | ||||||||||||||||||
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||||||||||||||
| INTEREST INCOME | ||||||||||||||||||
| Loans, including fees | $ | 5,056,534 | $ | 4,788,107 | $ | 4,814,128 | $ | 4,817,174 | $ | 4,655,844 | ||||||||
| Debt securities | 464,333 | 462,472 | 484,508 | 499,268 | 514,613 | |||||||||||||
| Fed funds & int-bearing balances | 413,487 | 339,864 | 419,597 | 450,166 | 573,022 | |||||||||||||
| Total interest income | 5,934,354 | 5,590,443 | 5,718,233 | 5,766,608 | 5,743,479 | |||||||||||||
| INTEREST EXPENSE | ||||||||||||||||||
| Deposits | 1,897,025 | 1,812,760 | 1,777,351 | 1,790,578 | 1,687,121 | |||||||||||||
| Borrowings | 127,359 | 219,832 | 332,375 | 444,250 | 524,599 | |||||||||||||
| Total interest expense | 2,024,384 | 2,032,592 | 2,109,726 | 2,234,828 | 2,211,720 | |||||||||||||
| Net interest income | 3,909,970 | 3,557,851 | 3,608,507 | 3,531,780 | 3,531,759 | |||||||||||||
| Provision for credit losses | - | - | - | - | - | |||||||||||||
| Net interest income after provision | 3,909,970 | 3,557,851 | 3,608,507 | 3,531,780 | 3,531,759 | |||||||||||||
| NONINTEREST INCOME | ||||||||||||||||||
| Service charges, fees and other income | 87,059 | 122,610 | 119,173 | 106,628 | 96,460 | |||||||||||||
| Sublease income | - | 45,222 | - | 53,975 | 52,970 | |||||||||||||
| Gains (losses) on sale of assets | - | - | - | 15,335 | - | |||||||||||||
| Gains on early payoff of debt | - | - | 54,125 | - | 144,325 | |||||||||||||
| Total noninterest income | 87,059 | 167,832 | 173,298 | 175,938 | 293,755 | |||||||||||||
| NONINTEREST EXPENSE | ||||||||||||||||||
| Salaries and benefits | 2,227,827 | 2,119,302 | 1,984,774 | 2,154,290 | 2,182,674 | |||||||||||||
| Occupancy and equipment | 277,107 | 259,480 | 258,180 | 374,069 | 363,695 | |||||||||||||
| Other expense | 857,837 | 797,261 | 836,692 | 834,281 | 1,007,247 | |||||||||||||
| Total noninterest expense | 3,362,771 | 3,176,043 | 3,079,646 | 3,362,640 | 3,553,616 | |||||||||||||
| Income before income tax expense | 634,258 | 549,640 | 702,159 | 345,078 | 271,898 | |||||||||||||
| Income tax expense (benefit) | 180,677 | 157,015 | 202,586 | 96,563 | 74,281 | |||||||||||||
| Net Income | $ | 453,581 | $ | 392,625 | $ | 499,573 | $ | 248,515 | $ | 197,617 | ||||||||
| Earnings per share basic (QTR) | $ | 0.10 | $ | 0.09 | $ | 0.12 | $ | 0.06 | $ | 0.05 | ||||||||
| Weighted average shares outstanding (QTR) | 4,335,529 | 4,333,735 | 4,293,829 | 4,288,851 | 4,283,351 | |||||||||||||
| First Pacific Bancorp | ||||||
| Consolidated Income Statements - Year-to-Date | ||||||
| (Unaudited) | ||||||
| Jun 30, 2025 | Jun 30, 2024 | |||||
| INTEREST INCOME | ||||||
| Loans, including fees | $ | 9,844,641 | $ | 9,356,379 | ||
| Investment securities | 926,805 | 1,058,470 | ||||
| Fed funds & int-bearing balances | 753,351 | 983,707 | ||||
| Total interest income | 11,524,797 | 11,398,556 | ||||
| INTEREST EXPENSE | ||||||
| Deposits | 3,709,784 | 3,433,153 | ||||
| Borrowings | 347,191 | 1,031,989 | ||||
| Total interest expense | 4,056,975 | 4,465,142 | ||||
| Net interest income | 7,467,822 | 6,933,414 | ||||
| Provision for credit losses | - | - | ||||
| Net interest income after provision | 7,467,822 | 6,933,414 | ||||
| NONINTEREST INCOME | ||||||
| Service charges, fees and other income | 209,669 | 204,825 | ||||
| Sublease income | 45,222 | 106,842 | ||||
| Gains (losses) on sale of assets | - | - | ||||
| Gains on early payoff of debt | - | 144,325 | ||||
| Total noninterest income | 254,891 | 455,992 | ||||
| NON INTEREST EXPENSE | ||||||
| Salaries and benefits | 4,347,129 | 4,361,160 | ||||
| Occupancy and equipment | 536,587 | 732,511 | ||||
| Other expense | 1,655,098 | 1,801,405 | ||||
| Total noninterest expense | 6,538,814 | 6,895,076 | ||||
| Income before income tax expense | 1,183,899 | 494,330 | ||||
| Income tax expense | 337,692 | 134,805 | ||||
| Net Income | $ | 846,207 | $ | 359,525 | ||
| Earnings per share basic (YTD) | $ | 0.20 | $ | 0.08 | ||
| Weighted average shares outstanding (YTD) | 4,334,637 | 4,282,929 | ||||
| First Pacific Bancorp | |||||||||||
| Quarterly Financial Highlights | |||||||||||
| (Unaudited) | |||||||||||
| Quarterly | |||||||||||
| 2025 | 2025 | 2024 | 2024 | 2024 | |||||||
| ($$ in thousands except per share data) | 2nd Qtr | 1st Qtr | 4th Qtr | 3rd Qtr | 2nd Qtr | ||||||
| EARNINGS | |||||||||||
| Net interest income | $ | 3,910 | 3,558 | 3,609 | 3,532 | 3,532 | |||||
| Provision for loan losses | $ | 0 | 0 | 0 | 0 | 0 | |||||
| Noninterest income | $ | 87 | 168 | 173 | 176 | 294 | |||||
| Noninterest expense | $ | 3,363 | 3,176 | 3,080 | 3,363 | 3,554 | |||||
| Income tax expense | $ | 181 | 157 | 203 | 97 | 74 | |||||
| Net income | $ | 454 | 393 | 500 | 249 | 198 | |||||
| Earnings per share basic | $ | 0.10 | 0.09 | 0.12 | 0.06 | 0.05 | |||||
| Weighted average shares outstanding | 4,335,529 | 4,333,735 | 4,293,829 | 4,288,851 | 4,283,351 | ||||||
| Ending shares outstanding | 4,335,678 | 4,335,088 | 4,294,500 | 4,291,927 | 4,283,351 | ||||||
| PERFORMANCE RATIOS | |||||||||||
| Return on average assets | 0.41 | % | 0.37 | % | 0.47 | % | 0.23 | % | 0.18 | % | |
| Return on average common equity | 4.55 | % | 4.05 | % | 5.12 | % | 2.58 | % | 2.10 | % | |
| Yield on loans | 6.85 | % | 6.79 | % | 6.91 | % | 6.98 | % | 6.97 | % | |
| Yield on earning assets | 5.53 | % | 5.44 | % | 5.50 | % | 5.58 | % | 5.52 | % | |
| Cost of deposits | 1.95 | % | 2.00 | % | 1.98 | % | 2.05 | % | 1.96 | % | |
| Cost of funding | 2.02 | % | 2.12 | % | 2.18 | % | 2.32 | % | 2.28 | % | |
| Net interest margin | 3.65 | % | 3.46 | % | 3.47 | % | 3.42 | % | 3.40 | % | |
| Efficiency ratio | 84.1 | % | 85.2 | % | 81.4 | % | 90.7 | % | 92.9 | % | |
| CAPITAL | |||||||||||
| Tangible equity to tangible assets | 8.22 | % | 8.46 | % | 8.77 | % | 8.61 | % | 8.57 | % | |
| Book value (BV) per common share | $ | 9.32 | 9.17 | 9.12 | 8.98 | 8.89 | |||||
| Tangible BV per common share | $ | 9.04 | 8.88 | 8.82 | 8.68 | 8.58 | |||||
| ASSET QUALITY | |||||||||||
| Net loan charge-offs (recoveries) | $ | 0 | 0 | 0 | 0 | 0 | |||||
| Allowance for credit losses (loans) | $ | 3,180 | 3,180 | 3,180 | 3,110 | 3,110 | |||||
| Allowance to total loans | 1.02 | % | 1.08 | % | 1.15 | % | 1.16 | % | 1.15 | % | |
| Nonperforming loans | $ | 1,015 | 849 | 672 | 991 | 77 | |||||
| END OF PERIOD BALANCES | |||||||||||
| Total loans | $ | 311,889 | 294,064 | 277,384 | 267,955 | 270,020 | |||||
| Total assets | $ | 477,679 | 456,238 | 432,972 | 433,754 | 430,439 | |||||
| Deposits | $ | 377,586 | 389,541 | 350,696 | 341,792 | 353,596 | |||||
| Loans to deposits | 82.6 | % | 75.5 | % | 79.1 | % | 78.4 | % | 76.4 | % | |
| Shareholders' equity | $ | 40,388 | 39,745 | 39,153 | 38,532 | 38,062 | |||||
| Full-time equivalent employees | 47 | 46 | 49 | 44 | 44 | ||||||
| AVERAGE BALANCES (QTRLY) | |||||||||||
| Total loans | $ | 295,970 | 286,119 | 276,301 | 273,960 | 267,766 | |||||
| Earning assets | $ | 430,237 | 416,486 | 412,424 | 410,298 | 416,965 | |||||
| Total assets | $ | 445,557 | 430,891 | 425,750 | 424,199 | 430,830 | |||||
| Deposits | $ | 389,840 | 368,363 | 355,369 | 346,142 | 346,032 | |||||
| Shareholders' equity | $ | 39,963 | 39,326 | 38,746 | 38,267 | 37,788 | |||||
FAQ
What was First Pacific Bancorp's (FPBC) net income for Q2 2025?
How much did FPBC's total assets grow in 2025?
What are First Pacific Bancorp's current capital ratios?
How much liquidity does First Pacific Bancorp (FPBC) have available?
What is First Pacific Bancorp's loan quality status?
