Oregon Bancorp Announces Second Quarter Earnings
Second quarter 2025 net earnings of $0.7 million, or $0.29 per common share
Quarterly return on average assets of 0.6% and return on average equity of 3.9%
SALEM, Ore. – July 18, 2025 - Oregon Bancorp, Inc. (OTCBB: ORBN) (“the Company”),
parent company of Willamette Valley Bank, today announced net income of $719,000, or $0.29
per common share, for the second quarter of 2025. This compares to net income of $520,000, or
$0.21 per share, for the quarter ended March 31, 2025.
The Company’s return on average assets and return on average equity for the second quarter were
0.6% and 3.9%, respectively. Net interest margin improved to 3.7%, compared to 3.5% in the
previous quarter.
The balance sheet experienced a modest contraction of $5.1 million during the quarter, driven
primarily by a decrease of $11.1 million in deposit balances. Despite this decline, deposit levels
remained $16.6 million higher than at June 30, 2024. Residential mortgage loan volume increased
31%, rising from $48 million in the first quarter to $63 million in the second quarter. Asset quality
and capital levels remain strong. The Company’s Board of Directors declared a quarterly dividend
of $0.20 per share, which was paid on July 15, 2025.
“We remain focused on growing core relationships and see positive momentum as we move
through the year,” said Ryan Dempster, President and CEO. “While the broader economic outlook
remains uncertain, and speculation continues around potential Federal Reserve interest rate cuts,
our team is well-positioned to navigate the evolving environment.”
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 five 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.
