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5 Small-Cap Bank Stock Winners Nobody's Talking About

1. Pacific Continental Corp.
Shares of Pacific Continental Corp. (PCBK) of Eugene, Ore, closed at $9.13 Friday, returning 6% year-to-date, following an 11% decline during 2011. Based on a quarterly payout of 6 cents, the shares have a dividend yield of 2.63%.

The shares trade just above times tangible book value, and for 14 times the consensus 2013 EPS estimate of 67 cents. The consensus 2012 EPS estimate is 64 cents.

The company had $1.3 billion in total assets at the end of the second quarter. For the 12-month period ended June 30, Pacific Continental's ROA was 0.59%, and its ROE was 4.81%.

Following her firm's community bank conference in August, KBW analyst Jacquelynne Chimera said that Pacific Continental "is focused on growing in larger commercial markets given its business banking model," and was concentrating "its lending efforts on professionals and community businesses, while receiving its funding from nonprofit organizations and consumers/ business owners."

"The dental portfolio at Pacific Continental was 28.2% of the total book at 6/30, with 74% in market (51% Oregon / 23% Washington) and 26% out of market," Chimera said, adding that out-of-market loans "come from current, trusted, developed referral sources, and out-of-market loan generation goes through a great amount of scrutiny."

KBW's price target for Pacific Continental's shares is $12.00.

PCBK Chart PCBK data by YCharts

Interested in more on Pacific Continental Corp.? See TheStreet Ratings' report card for this stock.

-- Written by Philip van Doorn in Jupiter, Fla.

>Contact by Email.

Philip W. van Doorn is a member of TheStreet's banking and finance team, commenting on industry and regulatory trends. He previously served as the senior analyst for Ratings, responsible for assigning financial strength ratings to banks and savings and loan institutions. Mr. van Doorn previously served as a loan operations officer at Riverside National Bank in Fort Pierce, Fla., and as a credit analyst at the Federal Home Loan Bank of New York, where he monitored banks in New York, New Jersey and Puerto Rico. Mr. van Doorn has additional experience in the mutual fund and computer software industries. He holds a bachelor of science in business administration from Long Island University.
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