Oregon Bancorp Announces Quarterly Dividend

Rhea-AI Summary

Oregon Bancorp, Inc. (ORBN) announces a quarterly dividend of $0.26 per share for shareholders, payable on April 15, 2024.

SALEM, Ore.--(BUSINESS WIRE)-- 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.

About Oregon Bancorp, Inc.

Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon. The Bank conducts commercial and retail banking activities at four full-service branch locations in Salem, Keizer, Silverton, and Albany, Oregon. The Bank also operates six Home Loan Centers located in Oregon and Idaho. For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2222 or visit our website at www.willamettevalleybank.com.

Forward Looking Statements

Certain statements in this release may be deemed “forward-looking statements”. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240322970290/en/

Ryan Dempster

Oregon Bancorp, Inc.

503-485-2222

Ryan.Dempster@wvbk.com

Source: Oregon Bancorp, Inc.

FAQ

What is the ticker symbol for Oregon Bancorp, Inc. mentioned in the press release?

The ticker symbol for Oregon Bancorp, Inc. is ORBN.

How much is the quarterly dividend declared by Oregon Bancorp, Inc. per share?

Oregon Bancorp, Inc. declared a quarterly dividend of $0.26 per share.

When is the dividend payable to shareholders according to the press release?

The dividend declared by Oregon Bancorp, Inc. is payable on April 15, 2024.

Who is the parent company of Willamette Valley Bank mentioned in the press release?

Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank.