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Oregon Bancorp Inc (symbol: ORBN) is a financial services holding company based in Oregon. The company primarily engages in commercial banking services through its subsidiary, Willamette Valley Bank. Its core business operations include offering a wide range of financial products and services to individual and commercial customers.
Oregon Bancorp takes pride in providing community-focused banking solutions, including personal and business loans, mortgages, and various deposit accounts. The company has established itself as a reliable partner for both personal and professional financial needs, ensuring customer satisfaction through personalized service and innovative banking solutions.
Recent achievements of Oregon Bancorp include significant growth in its loan portfolio and an increase in its deposit base, reflecting customer trust and satisfaction. The company is also actively engaged in several community development projects, demonstrating its commitment to the growth and development of the regions it serves.
Financially, Oregon Bancorp maintains a strong and stable condition, showcasing consistent profitability and robust capital reserves. The company continues to explore new partnerships and expand its product offerings to meet the evolving needs of its customers.
For investors and stakeholders, Oregon Bancorp's performance is an indicator of its strategic vision and effective management. The company's recent endeavors are aimed at enhancing shareholder value while maintaining a strong focus on community banking principles.
Stay tuned for the latest news and updates from Oregon Bancorp, Inc. to keep abreast of the company's performance, events, and significant developments.
Oregon Bancorp, Inc. (OTC-PINK: ORBN) announced a net income of
The Board of Directors of Oregon Bancorp declared a quarterly dividend of $0.52 per share, payable on April 17, 2023, to shareholders of record as of April 3, 2023. Oregon Bancorp is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon, with four full-service branches and 13 Home Loan Centers across Oregon, Washington, and Idaho. This dividend reflects the company's commitment to returning value to shareholders while maintaining its banking operations effectively.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported fourth quarter 2022 net earnings of $1.3 million, equating to $0.52 per common share, a decline from $4.0 million in Q4 2021. The annual earnings totaled $6.7 million with a return on average assets of 1.2% and return on average equity of 6.9%. Total assets fell 4.9%, primarily due to a $22.8 million drop in deposits, although commercial loans increased by $3.4 million. The Board declared a $0.52 quarterly dividend on January 17, 2023. CEO Ryan Dempster noted that rising interest rates have affected mortgage financing demand, but net interest margins improved.
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN) has declared a quarterly dividend of $0.52 per share, payable on January 17, 2023, to shareholders of record as of January 3, 2023. This decision reflects the company's ongoing commitment to return value to its shareholders. Oregon Bancorp is the parent company of Willamette Valley Bank, which operates several branches across Oregon. The bank engages in a range of commercial and retail banking activities, enhancing its position in the local community.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported a net income of $1.4 million for Q3 2022, down from $5.7 million in Q3 2021. This led to a return on average assets of 1.3% and a return on average equity of 7.8%. Year-to-date net income reached $5.5 million, with a return on average assets of 1.8% and equity of 10.4%. Total assets rose by $6.1 million (1.5%), driven by a $7.8 million (3.1%) increase in commercial loans. Non-performing assets totaled $1.3 million (1.7% of total capital). A quarterly dividend of $0.52 per share was distributed on October 14, 2022.
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN) has declared a quarterly dividend of $0.52 per share. This dividend is scheduled for payment on October 14, 2022, to shareholders who are on record as of October 3, 2022. Oregon Bancorp is the parent company of Willamette Valley Bank, which operates in Salem, Keizer, Silverton, and Albany, Oregon, alongside 13 Home Loan Centers across Oregon, Washington, and Idaho.
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