Pacific Continental Corp. in Eugene, Ore., said Tuesday that its fourth-quarter earnings increased 15.9% from a year earlier, to $3.8 million. Earnings per share rose 14.3%, to 32 cents, beating analysts' estimates by a nickel.

A roughly $237,000 tax benefit from the purchase of energy tax credits accounted for 2 cents of the increase in earnings per share, Pacific Continental said.

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