Banking & Finance
PBCO Financial Corporation Reports Q3 2022 Earnings
PBCO Financial Corporation (OTC PINK: PBCO), the holding company (Company) of People’s Bank of Commerce (Bank), announced today its financial results for the 3rd quarter 2022. Highlights The Company reported quarterly net income of $3.0 million, or $0.59 per diluted share, for the 3rd quarter of 2022 compared to net income…
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OnPoint Community Credit Union releases updated eBook to help guard against evolving tactics in cybercrime
OnPoint Community Credit Union today released its 2022 “The OnPoint Guide to Personal Cybersecurity” eBook to help consumers and businesses protect themselves amidst a fast-evolving cybercrime landscape. In 2021, ransomware attacks doubled, and in the first half of 2022, malware scams jumped 11%. OnPoint updates the free eBook every October…
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As part of the upcoming merger with Umpqua Bank, the Department of Justice is requiring the divestiture of ten Columbia Bank branches
I have been waiting for news about the merger of Umpqua and Columbia Banks that was announced on October 12, 2021 and have not received any, but I found this notice on the Columbia Bank site on October 1st, 2022 about the requirement to sell of 10 branches that overlap…
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Citizens Bank Announces New Board Member Tamara Scoville
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…
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PBCO Financial Corporation Reports Q2 2022 Earnings
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…
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PBCO Financial Corporation Reports Q1 2022 Earnings
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…
Read MorePBCO Financial Corporation Reports Q1 2022 Earnings
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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People’s Bank Jacksonville Branch Now Open
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
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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People’s Bank Reports 2021 Earnings
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…
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Amerititle Promotes Eric Templeton To Senior Vice President
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…
Read MoreUmpqua Bank 2022 Economic Outlook for Businesses Shows Growth Opportunities Ahead, but Adaptability Remains Critical for Success
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…
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