Mountain Pacific Bancorp, Inc. Announces 4th Quarter 2021 Results

EVERETT, Wash. – Feb. 7, 2022 – PRLog — EVERETT, WA – Mountain Pacific Bancorp (OTC Pink: MPCB) the holding company for Mountain Pacific Bank (the Bank), today announced unaudited financial results for the fourth quarter ended December 31, 2021.

The Company recognized net income of $2.3 million in the fourth quarter of 2021, bringing net income for the year to $7.1 million. Book value per share increased to $7.49 per share at the end of the year, compared to $7.14 at the previous quarter-end, and $6.39 the same time last year.  Chairman Rick Pedack noted, “The Board is proud of the performance posted in 2021 and recognizes the important contribution every member of the team made to achieve the results.”

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