Oregon Pacific Bank HighlightsALL TOPICS

Oregon Pacific Bank Highlights

Florence, Ore., October 21, 2021 – Oregon Pacific Bancorp (ORPB), the holding company of Oregon Pacific Bank, today reported financial results for the third quarter ended September 30, 2021. Third quarter highlights: Net income of $2.04 million; $0.29 per diluted share. Non-PPP loan growth of $25.8 million Issued $15 million in aggregate principal amount of fixed-to-floating rate subordinated notes. $13.5 …

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Community News

Florence, Ore., July 22, 2021 – Oregon Pacific Bancorp (ORPB) today reported financial results for the second quarter ended June 30, 2021. Highlights Second quarter net income of $1.92 million; $0.27 per diluted share Quarterly deposit growth of $24.2 million, a growth rate of 16.73% Quarterly non-PPP loan growth of $13.4 million, a growth rate of 16.81% Quarterly trust fees …

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Oregon Pacific Bank Highlights

Florence, Ore., April 20, 2021—Oregon Pacific Bancorp (ORPB) today reported financial results for the first quarter ended March 31, 2021.  Highlights  First quarter net income of $1.96 million; $0.28 per diluted share  Quarterly gross PPP loan production of $46.2 million with $2.1 million in loan fees  Quarterly deposit growth of $99.0 million, an annualized growth rate of 83.20%  Quarterly non-PPP loan growth of $10.6 million, an annualized growth rate of 13.74%   …

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Employee Spotlight

Florence, OR – Robert (Bob) Edstrom, EVP & Chief Credit Officer, will be retiring from Oregon Pacific Bank on June 11th, 2021. Edstrom joined Oregon Pacific Bank in 2014 and has made significant contributions to the organization. Leading the loan approval process during a period of substantial growth between 2016 and 2020, Edstrom also revitalized the Bank’s credit risk practices …

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Oregon Pacific Bank Highlights

Florence, Ore., January 26, 2020—Oregon Pacific Bancorp (ORPB) today reported financial results for the fourth quarter and year ended December 31, 2020. Highlights Fourth quarter net income of $2.1 million; $0.30 per diluted share Quarterly non-PPP loan growth of $5.8 million Tax equivalent fourth quarter net interest margin of 4.29% Annual loan growth of $92.1 million or 30.32% Annual deposit …

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Oregon Pacific Bank Highlights

On December 27th, the Coronavirus Relief and Government Funding Package was signed into law. The law addresses a variety of aspects of the Small Business Administration’s Paycheck Protection Program. Per the law, the SBA has 10 days to release official guidance and an application. While we are waiting on official guidance and a timeline from the SBA, we do know …

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