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Articles from Oregon Bancorp, Inc.

Oregon Bancorp Announces Fourth Quarter and Full-Year 2024 Financial Results
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), the parent company of Willamette Valley Bank, today reported financial results for the fourth quarter and full year ended December 31, 2024.
By Oregon Bancorp, Inc. · Via Business Wire · January 24, 2025
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.20 per share. The dividend is payable on January 15, 2025, to shareholders of record as of January 2, 2025.
By Oregon Bancorp, Inc. · Via Business Wire · December 19, 2024
Oregon Bancorp Announces Quarterly Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the third quarter of $1,017,000 and $0.41 per common share. The Company’s quarterly return on average assets and return on average equity were 0.9% and 5.6%, respectively. This compares to $801,000 in net income and $0.32 per common share outstanding for the quarter ending June 30, 2024.
By Oregon Bancorp, Inc. · Via Business Wire · October 18, 2024
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.20 per share. The dividend is payable on October 15, 2024, to shareholders of record as of October 1, 2024.
By Oregon Bancorp, Inc. · Via Business Wire · September 19, 2024
Oregon Bancorp Announces Quarterly Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the second quarter of $801,000 and $0.32 per common share. The Company’s quarterly return on average assets and return on average equity were 0.7% and 4.4%, respectively. This compares to $634,000 in net income and $0.26 per common share outstanding for the quarter ending March 31, 2024.
By Oregon Bancorp, Inc. · Via Business Wire · July 19, 2024
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.20 per share. The dividend is payable on July 15, 2024, to shareholders of record as of July 1, 2024.
By Oregon Bancorp, Inc. · Via Business Wire · June 14, 2024
Oregon Bancorp Announces Quarterly Earnings
Oregon Bancorp, Inc. (OTCBB:ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the first quarter of $634,000 and $0.26 per common share. The Company’s quarterly return on average assets and return on average equity were 0.6% and 3.5%, respectively. This compares to $547,000 in net income and $0.22 earnings per common share outstanding for the quarter ending December 31, 2023. The Company’s net interest margin measured 4.2% for the first quarter, which is the same reading as the prior quarter.
By Oregon Bancorp, Inc. · Via Business Wire · April 19, 2024
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.26 per share. The dividend is payable on April 15, 2024, to shareholders of record as of April 1, 2024.
By Oregon Bancorp, Inc. · Via Business Wire · March 22, 2024
Oregon Bancorp Announces Fourth Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the fourth quarter of $547,000 and $0.22 per common share. The Company’s quarterly return on average assets and return on average equity was 0.6% and 3.0%, respectively. This compares to $640,000 in net income and $0.26 earnings per common share outstanding for the quarter ending September 30, 2023.
By Oregon Bancorp, Inc. · Via Business Wire · January 26, 2024
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.26 per share. The dividend is payable on January 16, 2024, to shareholders of record as of January 2, 2024.
By Oregon Bancorp, Inc. · Via Business Wire · December 15, 2023
Oregon Bancorp Announces Third Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the third quarter totaled $640,000 resulting in an annualized return on average assets of 0.65% and a return on average equity of 3.5%. This compares to $1.02 million in net income and $0.41 earnings per common share outstanding for the quarter ending June 30, 2023. Year-to-date net income has reached $3.0 million and $1.22 per common share outstanding compared to $5.5 million and $2.24 per common share during the same period last year.
By Oregon Bancorp, Inc. · Via Business Wire · October 20, 2023
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.26 per share. The dividend is payable on October 16, 2023 to shareholders of record as of October 2, 2023.
By Oregon Bancorp, Inc. · Via Business Wire · September 21, 2023
Oregon Bancorp Announces Second Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the second quarter totaled $1.02 million resulting in an annualized return on average assets of 1.1% and a return on average equity of 5.6%. This compares to $1.34 million in net income and $0.55 earnings per common share outstanding for the quarter ending March 31, 2023. Year-to-date net income has reached $2.4 million and $0.96 per common share outstanding compared to $4.1 million and $1.66 per common share during the same period last year.
By Oregon Bancorp, Inc. · Via Business Wire · July 21, 2023
Oregon Bancorp Ranks #2 on American Banker Magazine’s Top 200 Community Banks List for 2023
Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, announced today the Bank was ranked second on the recently released list of Top 200 Publicly Traded Community Banks and Thrifts under $2 billion in assets by American Banker magazine based on a three-year average return on equity as of December 31, 2022 (Source: Capital Performance Group). Oregon Bancorp, Inc. was ranked first on the list of top 200 Banks and Thrifts the previous four years.
By Oregon Bancorp, Inc. · Via Business Wire · July 17, 2023
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. The dividend is payable on July 17, 2023 to shareholders of record as of July 3, 2023.
By Oregon Bancorp, Inc. · Via Business Wire · June 23, 2023
Oregon Bancorp Announces First Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the first quarter totaled $1.3 million resulting in an annualized return on average assets of 1.4% and a return on average equity of 7.3%. This compares to net income of $2.6 million from the first quarter of 2022.
By Oregon Bancorp, Inc. · Via Business Wire · April 21, 2023
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. The dividend is payable on April 17, 2023 to shareholders of record as of April 3, 2023.
By Oregon Bancorp, Inc. · Via Business Wire · March 24, 2023
Oregon Bancorp Announces Fourth Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the fourth quarter totaled $1.3 million resulting in an annualized return on average assets of 1.2% and a return on average equity of 6.9%. This compares to net income of $4.0 million from the fourth quarter of 2021. Annual earnings totaled $6.7 million which resulted in a return on average assets of 1.6% and return on average equity of 9.3%.
By Oregon Bancorp, Inc. · Via Business Wire · January 27, 2023
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. The dividend is payable on January 17, 2023 to shareholders of record as of January 3, 2023.
By Oregon Bancorp, Inc. · Via Business Wire · December 19, 2022
Oregon Bancorp Announces Third Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income of $1.4 million for the third quarter of 2022 compared to $5.7 million during the third quarter of 2021. This results in a quarterly return on average assets of 1.3% and a quarterly return on average equity of 7.8%. Year-to-date net income through the third quarter reached $5.5 million resulting in a return on average assets of 1.8% and a return on average equity of 10.4%.
By Oregon Bancorp, Inc. · Via Business Wire · October 21, 2022
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. The dividend is payable on October 14, 2022 to shareholders of record as of October 3, 2022.
By Oregon Bancorp, Inc. · Via Business Wire · September 23, 2022
Oregon Bancorp Announces Second Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income of $1.5 million for the second quarter of 2022 compared to $5.4 million during the second quarter of 2021. This results in a quarterly return on average assets of 1.4% and a quarterly return on average equity of 8.0%.
By Oregon Bancorp, Inc. · Via Business Wire · July 22, 2022
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. The dividend is payable on July 15, 2022 to shareholders of record as of July 1, 2022.
By Oregon Bancorp, Inc. · Via Business Wire · June 17, 2022
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. The dividend is payable on April 15, 2022 to shareholders of record as of April 1, 2022.
By Oregon Bancorp, Inc. · Via Business Wire · March 18, 2022
Oregon Bancorp Announces Special Dividend
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, announced today that its Board of Directors declared a special cash dividend of $2.00 per share payable on March 14, 2022 to shareholders of record as of February 28, 2022.
By Oregon Bancorp, Inc. · Via Business Wire · February 22, 2022
Oregon Bancorp Announces Fourth Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the fourth quarter totaled $4.0 million resulting in an annualized return on average assets of 3.9% and a return on average equity of 21.3%. This compares to net income of $8.0 million and $3.1 million from the fourth quarters of 2020 and 2019, respectively. Quarterly residential mortgage loan production was $348 million compared to $509 million during the fourth quarter last year and $274 million in the fourth quarter of 2019.
By Oregon Bancorp, Inc. · Via Business Wire · January 31, 2022
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. The dividend is payable on January 18, 2022 to shareholders of record as of January 3, 2022.
By Oregon Bancorp, Inc. · Via Business Wire · December 20, 2021
Oregon Bancorp Announces Third Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the third quarter totaled $5.7 million resulting in an annualized return on average assets of 5.8% and a return on average equity of 32.0%. This compares to $10.4 million and $3.5 million from the third quarters of 2020 and 2019, respectively. Quarterly residential mortgage loan production was $400.4 million compared to $500.0 million during the third quarter last year and $301.6 million in the third quarter of 2019.
By Oregon Bancorp, Inc. · Via Business Wire · October 22, 2021
Oregon Bancorp Doubles Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.52 per share. This represents an increase of $0.26 per share, or 100%, over the prior quarterly dividend amount. The dividend is payable on October 15, 2021 to shareholders of record as of October 1, 2021.
By Oregon Bancorp, Inc. · Via Business Wire · September 17, 2021
Oregon Bancorp Announces Second Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the second quarter totaled $5.4 million resulting in an annualized return on average assets of 5.8% and a return on average equity of 33.2%. This compares to $7.5 million and $3.3 million from the second quarters of 2020 and 2019, respectively. Quarterly residential mortgage loan production decreased 5% to $407.9 million compared to the same period in 2020. Yields earned on the sale of mortgage loans decreased which impacted noninterest income.
By Oregon Bancorp, Inc. · Via Business Wire · July 23, 2021
Oregon Bancorp Announces Quarterly Dividend
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.26 per share. The dividend is payable on July 15, 2021 to shareholders of record as of July 1, 2021.
By Oregon Bancorp, Inc. · Via Business Wire · June 18, 2021
Oregon Bancorp Ranks #1 on American Banker Magazine’s Top 200 Community Banks List for 2021 for Third Consecutive Year
Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, announced today that it was again named to the American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts based on a three-year average return on equity as of December 31, 2020 (Source: Capital Performance Group). This is the third consecutive year that Oregon Bancorp, Inc. was ranked #1 in the list of top 200 banks.
By Oregon Bancorp, Inc. · Via Business Wire · May 17, 2021
Oregon Bancorp Announces First Quarter Earnings
Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income of $7.3 million for the first quarter of 2021 compared to $2.4 million during the first quarter of 2020. This represents an increase of $4.9 million, or 207%, over the year-ago quarter. The improvement in quarterly net income was the result of a $198 million, or 80%, increase in mortgage production from the 2020 first quarter.
By Oregon Bancorp, Inc. · Via Business Wire · April 23, 2021
Willamette Valley Bank Hires Ryan Allbritton as Senior Vice President and Chief Banking Officer
Willamette Valley Bank (OTCBB: ORBN) (the “Company”), is pleased to announce that Ryan Allbritton, a longtime banking executive and community leader from Salem, Oregon, has joined Willamette Valley Bank as Senior Vice President and Chief Banking Officer. In this role, Allbritton will leverage his lifelong experience of living and contributing to the Salem community to grow and expand Willamette Valley Bank’s presence in the Willamette Valley and other localities served by the Bank.
By Oregon Bancorp, Inc. · Via Business Wire · April 16, 2021