The Oregon Bankers Association (OBA) in partnership with Oregon Business Magazine, has announced that Con-Vey of Roseburg, Oregon is the recipient of the 2023 Community Applause Award. The Community Applause Award, which is given to an Oregon business in acknowledgment of their significant service and contributions to their community, was presented to Con-Vey during a…

PBCO Financial Corporation (OTC PINK: PBCO), the holding company (Company) of People’s Bank of Commerce (Bank), announced today its financial results for the first quarter of 2023. Highlights Net income of $1.7 million in the quarter, or $0.31 per diluted share Loan growth of $13.0 million in the quarter, an…

To the Valued Customers of People’s Bank of Commerce, Given the events that have occurred in the banking industry over the past few days, your team at People’s Bank of Commerce wanted to reach out and share with you that our bank remains well capitalized and well positioned to continue…

The White House has called on financial regulators to restore safeguards for regional banks that were rolled back during the Trump administration. The move comes as part of the Biden administration’s efforts to strengthen regulations on the financial industry and protect consumers from the risks of bank failures. In a…

  Two Leading Community Banks Based in the Northwest Combine to Create One of the Largest Banks Headquartered in the West TACOMA, Wash. and PORTLAND, Ore., March 1, 2023 /PRNewswire/ — Columbia Banking System, Inc. (“Columbia”) (Nasdaq: COLB), the parent company of Columbia Bank, and Umpqua Holdings Corporation (“Umpqua”), the parent company of Umpqua Bank, announced…

PBCO Financial Corporation (OTC PINK: PBCO), the holding company (Company) of People’s Bank of Commerce (Bank), announced today its financial results for the fourth quarter of 2022 and for year-end 2022. Highlights The Company reported net income of $2.0 million, or $0.38 per diluted share, for the fourth quarter of…