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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Uncategorized

FLORENCE, OR—Oregon Pacific Bank announced that it has identified a workplace outbreak at Oregon Pacific Bank’s Florence Branch, located at 1355 US HWY 101. It has not been determined if these cases are linked to transmission between employees at the place of business, or if they are separate cases stemming from community spread.   Currently, 4 employees have tested positive …

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Community News

Wednesday, January 13th—We are pleased to announce Oregon Pacific Bank is now accepting applications from existing clients for the SBA’s Paycheck Protection Program (PPP).   Today the SBA has announced they will start accepting applications from financial institutions on Friday, January 15th. Oregon Pacific Bank has decided to accept applications starting Wednesday, January 13th, to help our clients prepare for …

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Uncategorized

COVID-19 Public Notice January 6, 2021  Dear Clients, Community Members, and Friends of Oregon Pacific Bank,    Today—Wednesday, January 6, 2021—we learned that an employee at our Florence Branch location has tested positive for COVID-19. Our hearts are with our team member and their family as they get the care they need and work towards recovery.    The employee received their positive test result on 01/06/2021 and was last at …

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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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Community News

To the clients, friends, and community partners of Oregon Pacific Bank:   To say that 2020 has been a challenging and unprecedented year is probably the most significant understatement in recent history. Our society has faced, what feels like, insurmountable adversity. Social and racial injustice, a widening political divide, a global pandemic, catastrophic regional wildfires, and an economic recession that …

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