Josephine
SOU recognized as “First-gen Forward” institution
Southern Oregon University has been selected to be part of the 2022-23 cohort of First-gen Forward, a nationwide initiative to improve academic outcomes for first-generation college students. SOU will become one of about 300 higher education institutions to have received the designation, becoming eligible for professional development opportunities, community-building experiences and access to…
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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…
Read MorePeople’s Bank of Commerce Reports Earnings
January 21, 2021 MEDFORD, Ore.–(BUSINESS WIRE)–People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the fourth quarter and full year 2020 operations. The bank reported net income of $6,131,000 for the full year of 2020 compared to $4,068,000 in 2019, a 51% increase. In 2020 earnings per…
Read MoreIncreased Merger Consideration for Willamette Community Bank
Highlights of the Announcement Cash consideration will be increased to $1.70 per share Total merger consideration of $11.18 per share for shareholders of Willamette Community Bank January 22, 2021, 7:20 PM Eastern Standard Time MEDFORD, Ore. & ALBANY, Ore.–(BUSINESS WIRE)–People’s Bank of Commerce (OTCBB: PBCO) (“PBCO” or the “Company”), and…
Read MoreOver $3.6 million in grant funds are now available for eligible businesses impacted by COVID19 in Jackson and Josephine Counties
Applications for this new “Southern Oregon CARES Business Grant” (“SOCARES”) fund may be accessed through SOREDI, which has contracted as grant administrator for both counties. These new grant funds are available in all 36 Oregon counties through a $55 million allocation made by the State of Oregon. These funds are intended…
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People’s Bank of Commerce (Medford) and Willamette Community Bank (Albany) have announced a merger.
Note : I proudly serve on the board of People’s Bank and offered to include the shareholder mailing about the merger in this months journal. This is not a solicitation or recommendation to any shareholders. It’s just a story and insert (by a sponsor of the Southern Oregon Business Journal…
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Willamette Community Bank to Merge With People’s Bank of Commerce
People’s Bank of Commerce (OTCPK: PBCO) (“PBCO” or the “Company”), and Willamette Community Bank (OTCPK: WMCB), headquartered in Albany, Oregon, announced the signing of a definitive agreement whereby Willamette Community Bank will merge with and into People’s Bank of Commerce. Highlights of the Announced Transaction Pro forma assets of approximately…
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SOREDI Seeks Applications from Rural Entrepreneurs and Companies for its 2020 Southern Oregon Rural Startup Challenge
SOREDI is pleased to announce it is now accepting applications for its inaugural Southern Oregon Rural Startup Challenge, providing up to $60,000 in capital investments by December 31 to rural startups and companies seeking expansion capital. SOREDI, which has facilitated the Southern Oregon Angel Investment Network for numerous years, has…
Read MoreSouthern Oregon’s, Tim Williams, Named President of the Oregon Trial Lawyers Association
Tim Williams, managing partner, and lead litigator at Dwyer Williams Cherkoss Attorneys, P.C., was elected President of the Oregon Trial Lawyers Association (OTLA), effective August 14, 2020, after serving the association for the full length of his legal career. Dwyer Williams Cherkoss Attorneys, P.C. has offices in Bend, Eugene, Medford,…
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People’s Bank Prepares For Transition In Executive Leadership
After more than 20 years, People’s Bank executive management undergoes a transition in leadership due to the recent retirement of the former Chief Financial Officer Russ Milburn and to prepare for the future retirement of its current Chief Executive Officer Ken Trautman, Chief Operating Officer Jeri Reno and Chief Credit…
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Meet Julia Beattie – The New President of People’s Bank
Education / Community / Career Timeline 1984 Baylor University – Bachelor of Business Administration with a concentration in Economics and Finance 1986 The University of Texas – Finance MBA 1991 Union National Bank of Texas 1992 Moved to Southern Oregon 1993 Western Bank – Commercial Lending Officer & Branch Manager…
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People’s Bank Promotes Lindsey Trautman To Chief Financial Officer
People’s Bank of Commerce is proud to announce the promotion of Lindsey Trautman as its chief financial officer at its corporate branch located at 1528 Biddle Road in Medford. A Rogue Valley native, Trautman took over the position on May 2, 2020, following the retirement of the bank’s former CFO,…
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