Willamette

OBA Inducts 62-Year Banking Veteran Edgar B. Martin into Oregon Bankers Hall of Fame

Retrieved on: 
Wednesday, July 3, 2019
Banking, Professional services, American Bankers Association, Banking industry, Willamette

The Oregon Bankers Association (OBA) inducted Edgar B. Ed Martin, former chairman, president and CEO of Willamette Valley Bank, into the Oregon Bankers Hall of Fame during OBAs 114th Anniversary Convention held June 25 in Coeur dAlene, Idaho.

Key Points: 
  • The Oregon Bankers Association (OBA) inducted Edgar B. Ed Martin, former chairman, president and CEO of Willamette Valley Bank, into the Oregon Bankers Hall of Fame during OBAs 114th Anniversary Convention held June 25 in Coeur dAlene, Idaho.
  • Induction into the Oregon Bankers Hall of Fame is the highest honor bestowed peer-to-peer within the Oregon banking community.
  • In commenting about Martins induction into the Oregon Bankers Hall of Fame, OBA President and CEO Linda Navarro said, We are lucky Ed has dedicated 62 years of his professional life to the Oregon banking community.
  • Since its creation in 1987, the Oregon Bankers Hall of Fame has inducted 79 individuals who have made outstanding contributions to the Oregon banking community and the communities they serve.

Oregon Bancorp Announces Quarterly Dividend

Retrieved on: 
Friday, June 21, 2019
Banking, Professional services, Companies, Willamette, Salem, Oregon, Valley Bank, Dividend, Willamette River, States of the United States, U.S. Bancorp, National Bank of Detroit

The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.11 per share.

Key Points: 
  • The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.11 per share.
  • The dividend is payable on July 15, 2019 to shareholders of record as of July 1, 2019.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, 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 .

Willamette Valley Vineyards Posts a Profit for the First Quarter 2019

Retrieved on: 
Tuesday, May 14, 2019
States of the United States, Willamette Valley, Oregon, Geography of the United States, American Viticultural Areas, Oregon wine, Willamette Valley Vineyards, Salem, Oregon, Willamette Valley AVA, Willamette

The Company produced revenues of $4,998,786 and $4,532,619 in first quarters of 2019 and 2018, respectively, an increase of $466,167 or 10.3%.

Key Points: 
  • The Company produced revenues of $4,998,786 and $4,532,619 in first quarters of 2019 and 2018, respectively, an increase of $466,167 or 10.3%.
  • Gross profit margin was 65.6% and 63.8% for the first quarters of 2019 and 2018, respectively.
  • Income from operations was $564,438 and $472,344 for the first quarters of 2019 and 2018, respectively, an increase of $92,094 or 19.5%.
  • Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon.

Dates Announced for 2020 Oregon Truffle Festival in the Willamette Valley

Retrieved on: 
Thursday, April 25, 2019
Oregon, Geography of the United States, States of the United States, Edible fungi, Willamette Valley, Willamette River, Oregon wine, Willamette, Truffle, Portland, Oregon

PORTLAND, Ore., April 25, 2019 /PRNewswire-PRWeb/ -- The Oregon Truffle Festival , a Willamette Valley-based nonprofit organization and North America's premier truffle celebration, announces dates for early 2020.

Key Points: 
  • PORTLAND, Ore., April 25, 2019 /PRNewswire-PRWeb/ -- The Oregon Truffle Festival , a Willamette Valley-based nonprofit organization and North America's premier truffle celebration, announces dates for early 2020.
  • The 2020 Oregon Truffle Festival will open with the world's premier truffle dog competition, the Joriad North American Truffle Dog Championship, wherein spectators cheer for teams of truffle dogs and their trainers as they race to search for hidden truffle-scented targets.
  • The small grant awarded by the Willamette Valley Visitors' Association further supports the Oregon Truffle Festival's seasonal programming, offering many more opportunities to discover the allure of Willamette Valley wine and truffle country.
  • The Willamette Valley Visitors Association is a private, non-profit organization that supports travel and tourism in the Willamette Valley Oregon Wine Country.

Oregon Bancorp Announces First Quarter Earnings

Retrieved on: 
Thursday, April 18, 2019
Professional services, Banking, Finance, Companies, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Willamette, Banks of the United States, Economy of the United States, U.S. Bancorp, First Bancorp

Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), parent company of Willamette Valley Bank, reported net income of $1,621,432 for the first quarter of 2019 compared to $1,222,001 during the first quarter of 2018.

Key Points: 
  • Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), parent company of Willamette Valley Bank, reported net income of $1,621,432 for the first quarter of 2019 compared to $1,222,001 during the first quarter of 2018.
  • Total assets rose to $264 million from $217 million and earnings per share for the quarter were $0.71 compared to $0.57 for the same quarter a year ago.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, 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 .

Oregon Bancorp Raises Quarterly Dividend by 10%

Retrieved on: 
Friday, March 15, 2019
Professional services, Banking, Finance, Willamette Valley, Salem, Oregon, Salem, Oregon metropolitan area, Willamette River, Dividend, Willamette, Valley Bank, Companies, States of the United States, U.S. Bancorp, First Bancorp

Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), the parent company of Willamette Valley Bank, announced today that its Board of Directors has approved an increase in its quarterly cash dividend to $0.11 per share.

Key Points: 
  • Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), the parent company of Willamette Valley Bank, announced today that its Board of Directors has approved an increase in its quarterly cash dividend to $0.11 per share.
  • This represents an increase of 10% from its previous quarterly dividend of $0.10 per share.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, 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 .

Oregon Bancorp Announces Special Dividend

Retrieved on: 
Thursday, February 21, 2019
Professional services, Banking, Willamette, Dividend, Valley Bank, Salem, Oregon, Willamette River, Companies, States of the United States

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 $1.00 per share payable on March 15, 2019 to shareholders of record as of March 1, 2019.

Key Points: 
  • 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 $1.00 per share payable on March 15, 2019 to shareholders of record as of March 1, 2019.
  • Our exceptional earnings in 2018 enable us to reward our shareholders with our third consecutive special dividend, said Neil Grossnicklaus, Chief Executive Officer.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, 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 .

Oregon Bancorp Reports Quarterly and Annual Results

Retrieved on: 
Saturday, January 26, 2019
Professional services, Banking, Finance, Companies, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Willamette, Salem, Oregon, Banks of the United States, Willamette River, U.S. Bancorp, First Bancorp

Year-to-date net income rose 48% to $7.3 million in 2018 up from $4.9 million in 2017 and representing a new high for the Company.

Key Points: 
  • Year-to-date net income rose 48% to $7.3 million in 2018 up from $4.9 million in 2017 and representing a new high for the Company.
  • We are pleased to continue our string of record annual earnings in 2018, Neil Grossnicklaus, Chief Executive Officer stated.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon.
  • For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2221 or visit our website at www.willamettevalleybank.com .

Rep. David Gomberg and Willamette Valley Vineyards Laud Wine Labeling Decision

Retrieved on: 
Wednesday, November 21, 2018
Oregon, American Viticultural Areas, Oregon wine, Geography of the United States, Turner, Oregon, Willamette Valley Vineyards, Willamette Valley, Willamette Valley AVA, Pinot noir, Willamette, Wine, Southern Oregon AVA

SALEM, Ore., Nov. 21, 2018 /PRNewswire/ --Rep. David Gomberg (D-Otis) and Willamette Valley Vineyards' Founder Jim Bernau are lauding a decision made last week by the Federal Alcohol and Tobacco Tax and Trade Bureau (TTB) that requires labeling changes be made to wines produced in California but labeled as Oregon wines.

Key Points: 
  • SALEM, Ore., Nov. 21, 2018 /PRNewswire/ --Rep. David Gomberg (D-Otis) and Willamette Valley Vineyards' Founder Jim Bernau are lauding a decision made last week by the Federal Alcohol and Tobacco Tax and Trade Bureau (TTB) that requires labeling changes be made to wines produced in California but labeled as Oregon wines.
  • He also worked with wine industry leaders, including Jim Bernau, Founder/CEO of Willamette Valley Vineyards, to access damages done to winegrowers in Southern Oregon whose contracts were cancelled by Copper Cane in late September.
  • "While I applaud the TTB for taking action against these deceptive labels, they should reverse their decision allowing nearly 900,000 more wine bottles be sold into the market," Gomberg added.
  • Gomberg fears this illegal additive could give wine consumers a false impression of the delicate, award-winning style of cool climate Pinot Noir from the Willamette Valley AVA.

Willamette Community Bank reports quarterly results

Retrieved on: 
Friday, July 27, 2018
Willamette Valley, Willamette River, Oregon, Geography of the United States, Albany, Oregon, Willamette, Salem, Oregon, Albany

ALBANY, Ore., July 26, 2018 /PRNewswire/ --Willamette Community Bank (OTCQB: WMCB) based in Albany, Oregon, reports continued growth in the second quarter of 2018.

Key Points: 
  • ALBANY, Ore., July 26, 2018 /PRNewswire/ --Willamette Community Bank (OTCQB: WMCB) based in Albany, Oregon, reports continued growth in the second quarter of 2018.
  • "We continue to see the strengthening of the local economies in our markets with continued loan growth", said Willamette Community Bank President and CEO Joan Reukauf.
  • Ray and Jackson join Kathy Giddings, one of our community banking experts, to form our Business Development group.
  • Willamette Community Bank serves its customers from three offices located in Albany, Lebanon and Salem.