Banking & Finance

Citizens Bank Announces New Board Member Tamara Scoville

August 8, 2022

Citizens Bank and Citizens Bancorp are proud to announce Tamara Scoville as a new member of their Board of Directors.  “We are delighted to have Tamara join our Board of Directors,” said Bill Humphreys, Sr., Chairman of the Board. “She brings an extraordinarily high level of leadership skill and extensive business experience that will enhance a board…

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PBCO Financial Corporation Reports Q2 2022 Earnings

August 8, 2022

PBCO Financial Corporation (OTC PINK: PBCO), the holding company of People’s Bank of Commerce, announced today its financial results for the 2nd 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 in this release reflect PBCO…

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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 in this release reflect PBCO…

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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 sheet and income statement in…

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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 loans. Hours of operation are Monday…

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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 vice president and chief credit…

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People’s Bank Reports 2021 Earnings

January 19, 2022

People’s Bank of Commerce (OTC PINK: PBCO) announced today (1/19/2022) its financial results for the 4th quarter and year-ended 2021. Highlights Fourth quarter net income of $3.0 million, or $0.59 per diluted share Year-to-date net income of $11.5 million, or $2.44 per diluted share Quarterly non-PPP loan growth rate of 13.1%, year-to-date loan growth of…

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Amerititle Promotes Eric Templeton To Senior Vice President

January 5, 2022

Eric Templeton, Area Manager for AmeriTitle, has been promoted to Senior Vice President. Eric’s area of responsibility has expanded to include AmeriTitle’s Central Oregon counties in addition to his current role of managing operations in the Mid-Willamette Valley and a portion of Southern Oregon. Eric’s territory now includes 15 branches serving 11 counties. Eric joined…

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Umpqua Bank 2022 Economic Outlook for Businesses Shows Growth Opportunities Ahead, but Adaptability Remains Critical for Success

January 5, 2022

Report taps economists and bank leaders for insights to help small and middle market companies navigate disruptions, be ready for opportunities Dec. 9, 2021 /PRNewswire/ — Umpqua Bank today released its 2022 economic outlook report for small and middle market companies, “Headwinds & Opportunities: Economic Trends & Predictions for Businesses in 2022.” The bank tapped prominent…

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UMPQUA BANK NAMED OREGON’S MOST ADMIRED FINANCIAL SERVICES COMPANY

January 5, 2022

Bank recognized by Oregon’s business community for 17th consecutive year Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), has been named Oregon’s Most Admired Financial Services Company by business and community leaders for the 17th consecutive year. Umpqua is Oregon’s largest bank and has received the Most Admired honor every year since the Portland Business Journal first introduced the award in 2005. “To…

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Citizens Bancorp Announces Cash Dividend

November 17, 2021

CORVALIS, Ore. – On November 16, 2021, the Board of Directors of Citizens Bancorp declared a cash dividend to be paid to all shareholders of record on December 3, 2021. The Company declared a cash dividend equal to $0.55 per share of common stock, and $0.59 per share to holders of preferred stock. This dividend will…

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People’s Bank Reports Third Quarter Earnings

November 3, 2021

People’s Bank of Commerce (OTC PINK: PBCO) announced today (October 20,2021) its financial results for the 3rd quarter of 2021.   Highlights Third quarter net income of $2,650,000, or $0.53 per diluted share Year-to-date net income of $8,496,000, or $1.85 per diluted share Quarterly non-PPP loan growth rate of 14.5% Third quarter tax equivalent net interest…

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