Pacific Financial Corporation (PFLC) reported a strong fourth quarter with earnings increasing to $3.11 million, or $0.31 per share, compared to $2.16 million, or $0.21 per share, last year. Revenue for the period also rose by 10.7% to $15.36 million from $13.87 million. The company’s earnings under GAAP show a positive trend with earnings and EPS both higher than the previous year.

Read more at Nasdaq: Pacific Financial Corporation Reveals Rise In Q4 Bottom Line