Pacific Continental Corp Completes Acquisition Of Century Bank

Pacific Continental Corp announced the completion of the acquisition of Eugene-based Century Bank. The final agreement provides for an aggregate cash consideration to Century Bank shareholders of approximately $13.4 million, or $13.13 per share. Effective immediately, Century Bank's single location will operate as a Pacific Continental Bank office. Pacific Continental Corporation was advised in the transaction by D.A. Davidson & Co. as financial advisor and Pillsbury Winthrop Shaw Pittman LLP as legal counsel. Century Bank was advised by McAdams Wright Ragen Inc. as financial advisor and Lane Powell PC as legal counsel.