Get the free PERSONAL FINANCIAL STATEMENT - Pacific Continental Bank

PERSONAL FINANCIAL STATEMENT Date Submitted Applicants Initials Applicant is applying for this loan: Individually, without a cosigner or guaranty of a relative or other person(s) or entity. Jointly,

How to fill out personal financial statement

How to fill out personal financial statement:

1. Start by gathering all necessary financial documents such as bank statements, tax returns, investment statements, and credit card statements.
2. Create a list of all your assets, including cash, real estate, vehicles, investments, and any other valuable possessions you own.
3. Determine the value of each asset by researching current market prices or consulting professionals if needed.
4. Calculate your liabilities, which include any debts or financial obligations you have such as mortgages, car loans, student loans, credit card debt, or personal loans.
5. Organize your income information by including salary, dividends, rental income, pension payments, and any other sources of income you receive.
6. Specify your monthly expenses by listing all your regular expenses, including housing costs, utilities, transportation, groceries, insurance premiums, loan repayments, and any other significant expenses.
7. Subtract your total liabilities and expenses from your total assets to determine your net worth.
8. Fill out the personal financial statement form accurately and completely, providing all the requested information.
9. Review your statement for any errors or omissions before submitting it.

Who needs a personal financial statement:

1. Individuals applying for a loan or mortgage: Banks and lenders often require a personal financial statement to assess the borrower's financial situation and ability to repay the loan.
2. Business owners: Entrepreneurs may need to submit a personal financial statement when applying for business funding or partnerships.
3. Investors: Investors may request a personal financial statement from individuals seeking funding for their startup or business venture.
4. High net worth individuals: Wealthy individuals may need a personal financial statement for estate planning, tax purposes, or when seeking financial advice or wealth management services.
5. Individuals going through a divorce: A personal financial statement can be crucial during divorce proceedings to determine the division of assets and alimony calculations.
6. Young adults: Creating a personal financial statement can be beneficial for young adults who are just starting their financial journey, as it helps them understand their financial position and set goals for the future.

For pdfFiller’s FAQs

How can I send personal financial statement to be eSigned by others?

When you're ready to share your personal financial statement, you can swiftly email it to others and receive the eSigned document back. You may send your PDF through email, fax, text message, or USPS mail, or you can notarize it online. All of this may be done without ever leaving your account.

Can I create an eSignature for the personal financial statement in Gmail?

You can easily create your eSignature with pdfFiller and then eSign your personal financial statement directly from your inbox with the help of pdfFiller’s add-on for Gmail. Please note that you must register for an account in order to save your signatures and signed documents.

How do I complete personal financial statement on an Android device?

Use the pdfFiller mobile app to complete your personal financial statement on an Android device. The application makes it possible to perform all needed document management manipulations, like adding, editing, and removing text, signing, annotating, and more. All you need is your smartphone and an internet connection.

What is personal financial statement?

A personal financial statement is a document that outlines a person's financial position at a specific point in time.

Who is required to file personal financial statement?

Certain individuals such as elected officials, government employees, and candidates for public office are required to file personal financial statements.

How to fill out personal financial statement?

Personal financial statements can be filled out by listing all assets, liabilities, and income sources in the appropriate sections of the form.

What is the purpose of personal financial statement?

The purpose of a personal financial statement is to provide transparency and disclosure of an individual's financial situation.

What information must be reported on personal financial statement?

Information such as cash, investments, real estate, debts, and sources of income must be reported on a personal financial statement.