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Oregon’s Innovation Plan

May 10, 2022

EXECUTIVE SUMMARY  Oregon’s Innovation Plan is built on the central premise that the continued vitality of Oregon’s economy and the state’s high quality of life rests on its ability to encourage innovation. At a time when Oregon is faced with tremendous uncertainty driven in large part by a global pandemic,…

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Beginning with the End in Mind

May 10, 2022

It has been a number of years since I’ve read Steven Covey’s book “The Seven Habits of Highly Effective People”, but the title of Chapter Two I recall to mind oftentimes to help me think through what might be needed in a particular situation. Starting with a picture of what…

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LITHIA & DRIVEWAY (LAD) INCREASES REVENUE 54%, EPS 99%, AND ADJUSTED EPS 103%, RECORD FIRST QUARTER PERFORMANCE

May 10, 2022

MEDFORD, Ore., April 20, 2022 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest first quarter revenue and earnings per share in company history. First quarter 2022 revenue increased 54% to $6.7 billion from $4.3 billion in the first quarter of 2021. First quarter 2022 net income attributable to LAD per diluted share was $11.55,…

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Medford school district, SOU sign agreement to increase college access

May 10, 2022

A new intergovernmental agreement between Southern Oregon University and the Medford School District (MSD) will be “a game-changer for college awareness and access,” providing the basic contact information of MSD high school students so the university can offer them timely enrollment guidance and opportunities. “What this will do is allow…

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Wars, Pandemics, and Recessions

May 10, 2022

Three years in and the Covid 19 pandemic with its variants weighs on minds around the world. To the public of the 21st Century connected by digital communication technologies seemingly everywhere, thoughts, news, ideas, and rumors spread faster than any pandemic in the history of our shared planet. That could…

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PBCO Financial Corporation Reports Q1 2022 Earnings

May 10, 2022

PBCO Financial Corporation (OTC PINK: PBCO), the holding company of People’s Bank of Commerce, announced today its financial results for the 1st quarter 2022.  As a result of the PBCO Financial Corporation reorganization and merger effective February 28, 2022, the current period financial discussion and summary balance sheet and income statement…

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Long-Time Ashland Brewery to Close Its Doors After 26 Years

May 10, 2022

Another mainstay of the Rogue Valley hospitality industry has become a casualty of the combined difficulties of smoky summers and a global pandemic. Standing Stone Brewing Company (SSBC) will be closing permanently. The brew pub announced it will be halting operations at the close of normal business hours on Sunday,…

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PBCO Financial Corporation Reports Q1 2022 Earnings

April 21, 2022

April 20, 2022 PBCO Financial Corporation (OTC PINK: PBCO), the holding company of People’s Bank of Commerce, announced today its financial results for the 1st quarter 2022. As a result of the PBCO Financial Corporation reorganization and merger effective February 28, 2022, the current period financial discussion and summary balance…

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Jim Teece Head Shot

A Few Words from Jim – April 2020

April 7, 2022

All In… Gene Pelham retired as CEO of Rogue Credit Union. It grew 10X during his tenure because of a simple strategy he had adopted when he became CEO. “Our strategy was to create the most loyal members in the nation.” He used poker chips to explain his idea. The…

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People’s Bank Jacksonville Branch Now Open

April 6, 2022

People’s Bank of Commerce is pleased to announce the opening of our newest location in Jacksonville, Oregon, on March 1st.  This is the bank’s tenth branch and is located at 185 E. California Street.  We offer full-service banking, including new accounts and teller services, as well as consumer, mortgage, and business…

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People’s Bank Hires Evp/Chief Credit Officer Bill Whalen

April 6, 2022

People’s Bank of Commerce is pleased to announce the recent hiring of William (Bill) Whalen as executive vice president and chief credit officer. Whalen joins People’s Bank with almost 33 years of experience in the banking industry, of which 30 have been in Oregon. He most recently worked as senior…

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How Good is Good Enough?

April 6, 2022

We discover that something we thought was good enough, just wasn’t. We could have done better, tried harder, gone just a little farther. For a thousand reasons we stopped too soon, short of a better result.  You and I know that if we keep doing what we’ve always done, we…

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