{"id":39052,"date":"2026-07-17T21:57:00","date_gmt":"2026-07-17T19:57:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=ee643d89209aa3fd27e2c181b4c10d0f"},"modified":"2026-07-17T21:57:00","modified_gmt":"2026-07-17T19:57:00","slug":"oregon-bancorp-announces-quarterly-earnings","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=39052","title":{"rendered":"Oregon Bancorp Announces Quarterly Earnings"},"content":{"rendered":"

\nSecond quarter 2026 net earnings of $0.6 million, or $0.24 per common share\n<\/b>Quarterly return on average assets of 0.5% and return on average equity of 3.2%\n<\/b>Year-to-date earnings of $1.0 million, or $0.41 per common share<\/b><\/p>

SALEM, Ore.--(BUSINESS WIRE)--Oregon Bancorp, Inc. (OTCBB: ORBN) (the \u201cCompany\u201d), parent company of Willamette Valley Bank, reported net income of $604 thousand, or $0.24 per share, for the second quarter of 2026. The Company generated a return on average assets of 0.5% and a return on average equity of 3.2%, compared to net income of $431 thousand, or $0.17 per share, for the first quarter of 2026.<\/p><\/a><\/a>

\nFor the six months ending June 30, 2026, the Company earned $1.0 million, or $0.41 per common share, compared to $1.2 million, or $0.50 per common share, during the same period in 2025. This performance represents an annualized return on average assets of approximately 0.5% and an annualized return on average equity of approximately 2.7%.<\/p>

\nThe Company\u2019s balance sheet strengthened during the quarter, with total assets increasing $19.6 million to $465.4 million at June 30, 2026. Total deposits increased $23.0 million to $358.4 million, while net loans grew $8.9 million to $300.3 million. Asset quality and capital levels remain strong, with shareholders\u2019 equity totaling $76.1 million and book value per common share of $30.44. The Board of Directors declared a $0.20 per share quarterly cash dividend continuing the Company\u2019s long-standing commitment to providing value to shareholders.<\/p>

\nRyan Dempster, President and CEO, commented, \u201cDespite continued uncertainty stemming from geopolitical conflicts, trade tensions, and inflationary pressures, the Company delivered a solid quarter with improved earnings and strong growth in loans and deposits. As the remaining operating expenses related to the Mortgage Banking Department largely subside, we expect core earnings to strengthen in the periods ahead.\u201d<\/p>

\nAbout Oregon Bancorp, Inc.<\/span><\/b><\/p>

\nOregon 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. 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<\/a>.<\/p>

\nForward Looking Statements<\/b><\/p>

\nCertain statements in this release may be deemed \u201cforward-looking statements\u201d. 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.<\/i><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
CONSOLIDATED BALANCE SHEETS<\/b> (Unaudited)<\/td>\n<\/tr>\n
(Amounts in thousands except per share data)<\/i><\/td>\n<\/tr>\n
\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\nJune 30,<\/b><\/td>\n\nMarch 31,<\/b><\/td>\n<\/tr>\n
ASSETS<\/b><\/td>\n

\n\u00a0<\/p><\/td>

\n2026<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n2025<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n2026<\/b><\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Cash and short term investments<\/td>\n

\n$<\/p><\/td>

\n41,268<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n22,058<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n30,900<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Securities available-for-sale, at fair value<\/td>\n

\n\u00a0<\/p><\/td>

\n105,221<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n102,996<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n103,310<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Loans available for sale, at fair value<\/td>\n

\n\u00a0<\/p><\/td>

\n-<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n16,024<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n1,282<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Loans:<\/td>\n\n\n\n\n\n<\/tr>\n
Real estate<\/td>\n

\n\u00a0<\/p><\/td>

\n292,388<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n292,654<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n284,353<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Commercial<\/td>\n

\n\u00a0<\/p><\/td>

\n11,283<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n8,119<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n10,326<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Other<\/td>\n

\n\u00a0<\/p><\/td>

\n231<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n273<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n233<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Deferred fees and costs<\/td>\n

\n\u00a0<\/p><\/td>

\n(562<\/p><\/td>

\n)<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n(604<\/p><\/td>

\n)<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n(572<\/p><\/td>

\n)<\/p><\/td><\/tr>\n

Allowance for credit losses<\/td>\n

\n\u00a0<\/p><\/td>

\n(3,069<\/p><\/td>

\n)<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n(3,191<\/p><\/td>

\n)<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n(2,979<\/p><\/td>

\n)<\/p><\/td><\/tr>\n

Total net loans<\/td>\n

\n\u00a0<\/p><\/td>

\n300,271<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n297,251<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n291,361<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Property and other assets<\/td>\n

\n\u00a0<\/p><\/td>

\n18,662<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n21,107<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n19,016<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Total assets<\/td>\n

\n$<\/p><\/td>

\n465,422<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n459,436<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n445,869<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
LIABILITIES<\/b><\/td>\n\n\n\n\n\n<\/tr>\n
Deposits:<\/td>\n\n\n\n\n\n<\/tr>\n
Noninterest-bearing demand<\/td>\n

\n$<\/p><\/td>

\n38,285<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n31,272<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n32,184<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Interest-bearing demand<\/td>\n

\n\u00a0<\/p><\/td>

\n100,159<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n87,692<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n88,575<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Savings and money market<\/td>\n

\n\u00a0<\/p><\/td>

\n140,428<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n116,807<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n139,409<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Certificates of deposit<\/td>\n

\n\u00a0<\/p><\/td>

\n79,552<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n92,100<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n75,229<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Total deposits<\/td>\n

\n\u00a0<\/p><\/td>

\n358,424<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n327,871<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n335,397<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Borrowings<\/td>\n

\n\u00a0<\/p><\/td>

\n24,000<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n48,000<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n27,000<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Other liabilities<\/td>\n

\n\u00a0<\/p><\/td>

\n6,864<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n9,203<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n7,426<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Total liabilities<\/td>\n

\n\u00a0<\/p><\/td>

\n389,288<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n385,074<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n369,823<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
SHAREHOLDERS' EQUITY<\/b><\/td>\n

\n\u00a0<\/p><\/td>

\n76,134<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n74,362<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n76,049<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Total liabilities and shareholders' equity<\/td>\n

\n$<\/p><\/td>

\n465,422<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n459,436<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n445,872<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Book value per common share<\/td>\n

\n$<\/p><\/td>

\n30.44<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n29.80<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n30.53<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
CONSOLIDATED STATEMENTS OF NET INCOME <\/b>(Unaudited)<\/td>\n<\/tr>\n
(Amounts in thousands except per share data)<\/i><\/td>\n<\/tr>\n
\n\n\n\u00a0<\/td>\n<\/tr>\n
\nSix Months Ending<\/b><\/td>\n\nThree Months Ending<\/b><\/td>\n<\/tr>\n
\nJune 30, 2026<\/b><\/td>\n\nJune 30, 2025<\/b><\/td>\n\nJune 30, 2026<\/b><\/td>\n\nJune 30, 2025<\/b><\/td>\n<\/tr>\n
Interest income<\/td>\n

\n$<\/p><\/td>

\n12,156<\/p><\/td>

\n

\n$<\/p><\/td>

\n12,191<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n6,165<\/p><\/td>

\n

\n$<\/p><\/td>

\n6,152<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Interest expense<\/td>\n

\n\u00a0<\/p><\/td>

\n3,675<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n4,335<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n1,840<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n2,112<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Net interest income<\/td>\n

\n\u00a0<\/p><\/td>

\n8,481<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n7,856<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n4,325<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n4,040<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Provision (benefit) for credit losses<\/td>\n

\n\u00a0<\/p><\/td>

\n113<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n(52<\/p><\/td>

\n)<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n91<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n(121<\/p><\/td>

\n)<\/p><\/td><\/tr>\n

Net interest income after provision<\/td>\n

\n\u00a0<\/p><\/td>

\n8,368<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n7,908<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n4,234<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n4,161<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Noninterest income<\/td>\n

\n\u00a0<\/p><\/td>

\n1,381<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n4,665<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n360<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n2,504<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Noninterest expense<\/td>\n

\n\u00a0<\/p><\/td>

\n8,399<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n10,951<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n3,814<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n5,753<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Net income before income taxes<\/td>\n

\n\u00a0<\/p><\/td>

\n1,350<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n1,622<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n780<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n912<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Provision for income taxes<\/td>\n

\n\u00a0<\/p><\/td>

\n315<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n383<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n176<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n193<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

Net income after income taxes<\/td>\n

\n$<\/p><\/td>

\n1,035<\/p><\/td>

\n

\n$<\/p><\/td>

\n1,239<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n604<\/p><\/td>

\n

\n$<\/p><\/td>

\n719<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Net income per common share, basic<\/td>\n

\n$<\/p><\/td>

\n0.41<\/p><\/td>

\n

\n$<\/p><\/td>

\n0.50<\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n$<\/p><\/td>

\n0.24<\/p><\/td>

\n

\n$<\/p><\/td>

\n0.29<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n<\/table>

\n\u00a0<\/p> Contacts<\/b>

\nRyan Dempster\nOregon Bancorp, Inc.\n503-485-2222\nbank@wvbk.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Second quarter 2026 net earnings of $0.6 million, or $0.24 per common share
\nQuarterly return on average assets of 0.5% and return on average equity of 3.2%
\nYear-to-date earnings of $1.0 million, or $0.41 per common shareSALEM, Ore.–(BUSINESS WIRE)–O…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39052","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/39052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39052"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/39052\/revisions"}],"predecessor-version":[{"id":39053,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/39052\/revisions\/39053"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}