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Oregon Bancorp Announces Quarterly Earnings

Business Wire•23/10/2026•09:20 ET
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Key Highlights

  • ➤Q3 net earnings $746,000, or $0.30 per share, versus $604,000 sequentially
  • ➤Nine-month earnings $1.8 million, or $0.71 per share, versus $2.4 million
  • ➤Total deposits increased $4.6 million to $363.0 million during the quarter
  • ➤Net loans increased $0.8 million to $301.0 million at September 30
  • ➤Board declared quarterly cash dividend of $0.20 per share

Expert Statements

Ryan Dempster, President and CEO of Oregon Bancorp, Inc.

“Third-quarter earnings improved despite trailing expenses associated with the closure of our Mortgage Department and expenses related to the previously announced acquisition. We continue to see positive momentum in commercial deposits and loans despite a challenging interest rate environment. Net interest revenue also improved meaningfully compared with both the second quarter of 2026 and the third quarter of last year. We remain focused on serving our customers and communities while successfully navigating this important period of transition for the Company.”

Third quarter 2026 net earnings of $0.7 million, or $0.30 per common share

Quarterly return on average assets of 0.6% and return on average equity of 4.0%

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