Welcome to our dedicated page for Oregon Bancorp news (Ticker: ORBN), a resource for investors and traders seeking the latest updates and insights on Oregon Bancorp stock.
Oregon Bancorp, Inc. (ORBN) is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The company’s news flow centers on its commercial and retail banking activities, regional branch network, and Home Loan Centers in Oregon and Idaho. Investors and observers use this news stream to follow how the bank’s operations and financial performance evolve over time.
Regular earnings announcements provide details on net income, net interest income, noninterest income, noninterest expense, and provisions for loan losses. These releases also highlight key banking metrics such as net interest margin, return on average assets, return on average equity, and book value per common share. Balance sheet information covers loan categories like real estate, commercial, and other loans, along with deposit composition across noninterest-bearing demand, interest-bearing demand, savings and money market accounts, and certificates of deposit.
Oregon Bancorp, Inc. also issues frequent dividend declarations, with its Board of Directors announcing quarterly cash dividends and specifying payment and record dates. These updates are important for income-focused shareholders tracking the company’s pattern of $0.20 per share quarterly dividends.
Another recurring theme in the company’s news is residential mortgage loan volume generated through its Home Loan Centers in Oregon and Idaho. Earnings releases often reference changes in mortgage loan volume and discuss how broader market conditions affect this activity. For a consolidated view of these developments, this news page aggregates the company’s public communications so readers can review financial results, dividend actions, and lending trends in one place.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported a net income of $1.5 million for Q2 2022, declining from $5.4 million in Q2 2021. The company maintained a return on average assets of 1.4% and an average equity return of 8.0%. Total assets rose by $8.9 million (2.1%) from the previous quarter, driven by a $21.9 million increase in cash and short-term investments. Non-performing assets accounted for 1.72% of total capital. Despite rising mortgage rates affecting lending, $228 million in mortgage loans were funded, and a quarterly dividend of $0.52 per share was declared.
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN) has declared a quarterly dividend of $0.52 per share. This dividend is set to be paid on July 15, 2022, to shareholders of record as of July 1, 2022. Oregon Bancorp, the parent company of Willamette Valley Bank, operates four full-service branches in Oregon and also runs 13 Home Loan Centers across Oregon, Washington, and Idaho. This dividend reflects the company’s commitment to returning value to its shareholders.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported a net income of $2.6 million for Q1 2022, a decline from $7.3 million in Q1 2021. The quarterly return on average assets was 2.5% and return on average equity 14.0%. Total assets decreased slightly to $407 million. Despite a decrease in mortgage loans held-for-sale due to lower demand, the company's asset quality and capital position remained strong, allowing for a special dividend of $2.00 per share and a quarterly dividend of $0.52 per share. Management remains optimistic about financial performance relative to peers.
The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN) announced a quarterly dividend of $0.52 per share, payable on April 15, 2022, to shareholders of record as of April 1, 2022. Oregon Bancorp is the parent company of Willamette Valley Bank, providing commercial and retail banking services across multiple locations in Oregon. This dividend reflects the company's ongoing commitment to returning value to its shareholders.
Oregon Bancorp, Inc. (OTC-PINK:ORBN) has declared a special cash dividend of $2.00 per share, payable on March 14, 2022, for shareholders on record as of February 28, 2022. This marks the sixth consecutive annual special dividend, reflecting the company's successful financial performance in 2021. CEO Ryan Dempster emphasized that the bank's strong earnings and balance sheet enable it to return a significant portion of earnings to shareholders while maintaining sufficient capital for future growth.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported a net income of $4.0 million for Q4 2021, translating to $1.65 per common share and resulting in a return on average assets of 3.9% and return on average equity of 21.3%. This reflects a decrease from $8.0 million in Q4 2020. The bank's residential mortgage loan production totaled $348 million, down from $509 million a year ago. Total assets rose by $7.3 million, attributed to a $6.0 million increase in deposits. Commercial loans grew 23.1% annually, excluding PPP loan effects, while expectations of rising interest rates could affect mortgage refinancing.
The Board of Directors of Oregon Bancorp (OTCBB: ORBN) has declared a quarterly dividend of $0.52 per share, payable on January 18, 2022. Shareholders of record as of January 3, 2022 will receive this dividend. Oregon Bancorp is the parent company of Willamette Valley Bank, which operates four branches in Oregon and 13 Home Loan Centers across Oregon, Washington, and Idaho.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported net earnings of $5.7 million for Q3 2021, translating to $2.35 per share, with a return on average assets of 5.8% and return on average equity of 32.0%. This is a decrease from $10.4 million in Q3 2020. Residential mortgage loan production fell to $400.4 million from $500.0 million in the previous year. Total assets grew by $24.1 million, supported by a $20.3 million rise in deposits. The quarterly dividend was increased from $0.26 to $0.52 per share.
The Board of Directors of Oregon Bancorp (OTCBB: ORBN) has announced a quarterly dividend of $0.52 per share, marking a significant increase of 100% from the previous dividend of $0.26. This dividend is scheduled for payment on October 15, 2021, to shareholders recorded as of October 1, 2021. Oregon Bancorp is the parent company of Willamette Valley Bank, which operates four full-service branches in Oregon and multiple Home Loan Centers.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported net income of $5.4 million for Q2, reflecting a 5.8% return on average assets and a 33.2% return on average equity. This results represent a drop from $7.5 million in Q2 2020. Residential mortgage loan production fell by 5% to $407.9 million, affecting noninterest income. Total assets increased by $2.3 million, largely due to a $6.5 million rise in deposits. The company announced a $0.26 per share dividend payable on July 15, 2021, and anticipates further growth as the economy recovers.