Oregon Pacific Bancorp Announces Third Quarter 2026 Earnings Results
Business Wire•22/10/2026•16:30 ET
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Key Highlights
- ➤Third-quarter net income $2.75 million, or $0.38 per diluted share
- ➤$15.0 million subordinated debt retired, avoiding approximately $505 thousand annual interest expense
- ➤Deposits grew $19.3 million; noninterest-bearing balances increased $19.0 million
- ➤Loan production reached $46.4 million, driving $2.8 million quarterly loan growth
- ➤Classified assets fell $4.6 million; past-due loans declined to 0.25%
Expert Statements
Amber White, President and CEO of Oregon Pacific Bancorp
“Our strong capital position enabled us to retire $15 million in subordinated debt,”
Amber White, President and CEO of Oregon Pacific Bancorp
“The retirement will reduce future borrowing costs and will allow more resources to support organic growth and long-term shareholder returns.”
Oregon Pacific Bancorp Announces Third Quarter 2026 Earnings Results
* Third-quarter net income was $2.75 million, or $0.38 per diluted share, sustaining strong earnings.
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