Pacific Continental Bank Honored with SBA Lending All-Star Award The U.S. Small Business Administration recognizes Pacific Continental as a top lender in Portland market
EUGENE, Ore., June 17, 2013 /PRNewswire/ -- Pacific Continental Corporation (Nasdaq: PCBK), the bank holding company for Pacific Continental Bank, today announced it was recently recognized by the U.S. Small Business Administration (SBA) Portland District Office as a Lending All-Star.
The bank was recognized as part of the SBA Portland District's Small Business Week awards, which honored lenders that guaranteed at least $10 million in loans and/or 20 loans in the 2012 fiscal year.
In acknowledging the award, Pacific Continental's Portland Market President Dan Hempy said, "It's an honor to be recognized by the SBA as a Lending All-Star in the Portland Market. We are pleased to be able to assist small and community-based businesses in our market and throughout our bank's footprint, and to be a part of the success of those businesses."
As a 2012 SBA preferred lender, Pacific Continental completed 18 loans to small and community-based businesses, totaling $18 million. With over 355,000 small businesses in Oregon, SBA loans are a vital resource for entrepreneurs and small business owners.
About Pacific Continental Bank
Pacific Continental Bank, the operating subsidiary of Pacific Continental Corporation, delivers highly personalized services through 14 banking offices in Oregon and Washington. The Bank also operates a loan production office in Tacoma, Washington. With $1.3 billion in assets, Pacific Continental has established one of the most unique and attractive metropolitan branch networks in the Northwest with offices in three of the region's largest markets including Seattle, Portland and Eugene. Pacific Continental targets the banking needs of community-based businesses, health care professionals, professional service providers and nonprofit organizations. Pacific Continental Corporation's shares, a component of the Russell 2000 Index, are listed on the Nasdaq Global Select Market under the symbol "PCBK."
Since its founding in 1972, Pacific Continental Bank has been honored with numerous awards and recognitions from highly regarded third-party organizations including The Seattle Times, the Portland Business Journal and Oregon Business magazine. A complete list of the company's awards and recognitions – as well as supplementary information about Pacific Continental Bank – can be found online at www.therightbank.com.
SOURCE Pacific Continental Corporation