Oregon Bancorp Announces Fourth Quarter Earnings
Fourth quarter 2025 net earnings of $826 thousand, or $0.33 per common share
Quarterly return on average assets of 0.7% and return on average equity of 4.4%
Full-Year net earnings of $3.2 million, or $1.29 per common share
Annual return on average assets of 0.7% and return on average equity of 4.3%
SALEM, Ore. – January 23, 2026 – Oregon Bancorp, Inc. (OTCBB: ORBN), the parent
company of Willamette Valley Bank, today announced its financial results for the fourth quarter
and full year ended December 31, 2025.
For the fourth quarter of 2025, the Company reported net income of $826,000, or $0.33 per share,
resulting in a return on average assets of 0.7% and a return on average equity of 4.4%. This
compares to net income of $1.1 million, or $0.46 per share, for the quarter ending September 30,
2025.
For the full year, Oregon Bancorp generated net income of $3.2 million, or $1.29 per share,
compared to $3.4 million, or $1.38 per share, in 2024. The Company’s return on average assets
remained steady at 0.7%, consistent with the prior year. The net interest margin improved during
the year, reaching 3.8% in the fourth quarter and 3.7% for the full year, up from 3.5% and 3.6%,
respectively, in 2024. Residential mortgage production totaled $52 million for the fourth quarter
and $223 million for the year.
During the fourth quarter, total assets declined by $6.6 million, driven primarily by a $7.5 million
decrease in deposits and a $6.6 million reduction in commercial loan balances. When compared
to December 31, 2024, the balance sheet decreased by $17.8 million, largely reflecting a $19
million reduction in borrowings and a $14 million decline in commercial loan balances. Asset
quality continues to remain strong and capital levels are solid.
President and CEO Ryan Dempster noted that the Federal Reserve’s three interest rate reductions
during the quarter have already stimulated commercial lending activity, which is expected to
contribute to commercial loan growth in the new year. “Although deposit balances remained level
during the year, we have a strong pipeline of new customers,” Dempster said. “We are
encouraged that this momentum will support deposit growth in 2026.”About Oregon Bancorp, Inc.
Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank
headquartered in Salem, Oregon. The Bank conducts commercial and retail banking activities at
four full-service branch locations in Salem, Keizer, Silverton, and Albany, Oregon. The Bank also
operates four Home Loan Centers located in Oregon and Idaho. For more information about
Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2222 or visit
our website at www.willamettevalleybank.com.
Forward Looking Statements
Certain statements in this release may be deemed “forward-looking statements”. Statements that are not
historical facts, including statements about our beliefs and expectations, are forward-looking statements.
These statements are based on current plans, estimates and projections, and therefore you should not place
undue reliance on them. Forward-looking statements speak only as of the date they are made, and we
undertake no obligation to update publicly any of them in light of new information or future events. Forward-
looking statements involve inherent risks and uncertainties. We caution you that a number of important
factors could cause actual results to differ materially from those contained in any forward-looking statement.