Willamette Valley Bank Provides $25 million in PPP Loans for 214 Local Businesses Impacted by COVID-19 2,854 Local Jobs Saved Salem, Ore – May 26, 2020 — Willamette Valley Bank announced today that it has processed 214 loans totaling $25.1 million under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small […]
Bank News & Press
Oregon Bancorp Announces First Quarter Earnings
First quarter 2020 net earnings of $2.3 million, or $1.02 per common share Quarterly net earnings increased $759,305, or 47% Year-over-Year commercial loan growth of 11% or $18 million SALEM, Ore. –April 24, 2020 – Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income of $2,380,737 for […]
Oregon Bancorp Announces Quarterly Dividend
SALEM, Ore. – March 23, 2020 – The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.11 per share. The dividend is payable on April 17, 2020 to shareholders of record as of April 3, 2020. Contact: Ryan Dempster Oregon Bancorp, Inc. 503-485-2222 […]
Oregon Bancorp Announces Special Dividend
Salem, Ore. – February 21, 2020 – Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, announced today that its Board of Directors declared a special cash dividend of $1.50 per share payable on March 13, 2020 to shareholders of record as of February 28, 2020. “The Company had another year […]
Oregon Bancorp Reports Quarterly and Annual Results
Fourth quarter 2019 net earnings increased 93% to $3.1 million, or $1.32 per common share Full-year 2019 net earnings increased 52% to $11.5 million, or $4.98 per common share Annual loan growth of 17% or $26 million, and deposit growth of 8% or $16 million Annual residential mortgage loan volume of $981 million SALEM, Ore. […]
Oregon Bancorp Announces Third Quarter Earnings
Third quarter 2019 net earnings of $3.4 million, or $1.49 per common share Quarterly net earnings increased $1,053,727, or 44% Quarterly Return on Assets grew to 5.31% and Return on Equity reached 41.14% Year-over-Year loan growth of 13% or $19 million and deposit growth of 10% or $20 million SALEM, Ore. – October 18, 2019 […]
Oregon Bancorp Announces Quarterly Dividend
OREGON BANCORP ANNOUNCES QUARTERLY DIVIDEND SALEM, Ore. – September 23, 2019 – The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.11 per share. The dividend is payable on October 14, 2019 to shareholders of record as of September 30, 2019. About Oregon […]
Grossnicklaus to Retire August 1, 2019
SALEM, Ore. – July 18, 2019 – Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, announced today the retirement of Neil Grossnicklaus effective August 1, 2019. Mr. Grossnicklaus has served as President and Chief Executive Officer of the Bank since 2002. Ryan Dempster, President, will become President and Chief Executive […]