Bank of Eastern Oregon hires Todd Wood & announces new loan production office
Heppner, Oregon (September 21, 2018) – Bank of Eastern Washington, a branch of Bank of Eastern Oregon announces it is opening a new loan production office in Dayton, Washington.
The Dayton office, located at 164 E. Main, Suite B, will be staffed by Todd Wood. Todd is a veteran banker and a lifelong resident of the area. He grew up in Waitsburg. Todd and his wife BethAn continue to make their home in Waitsburg.download
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Human Resources manager, Jill Martin, was recently promoted to Assistant Vice President, according to Jeff Bailey, president and CEO of Bank of Eastern Oregon. Martin has been working for the bank since 2004, being named HR Manager in 2017.
Heppner, Oregon, (July 12, 2018) BEO Bancorp (OTCBB:BEOB) and its subsidiary, Bank of Eastern Oregon, announced 2nd quarter 2018 consolidated net income of $872,000 or $0.73 per share compared to $742,000 or $0.62 per share for second quarter 2017.
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American Banker magazine has ranked four Oregon banks among the top 200 community banks in the country.
The magazine, a trade publication based in New York City, named Oregon Bancorp of Salem, OR; FS Bancorp of Mountlake Terrace, WA; Summit Bank of Eugene, OR; Timberland Bancorp of Hoquiam, WA; Baker Boyer Bancorp of Walla Walla, WA; Cashmere Valley Bank of Cashmere, WA; BEO Bancorp of Heppner, OR; U&I Financial Corp of Lynnwood, WA; Peoples Bancorp of Bellingham, WA; Premier Commercial Bancorp of Hillsboro, OR; Sound Financial Bancorp of Seattle, WA; and Skagit Bancorp of Burlington, WA to the list based on average return of shareholder equity between 2015 and 2017. Banks with less than $2 billion in assets were eligible.download
Heppner, Oregon, (April 25, 2018) BEO Bancorp (OTCBB:BEOB) and its subsidiary, Bank of Eastern Oregon, upon completion of the annual shareholders meeting in Heppner, elected Joel Peterson as Chairman of the Board and Joe Gonzalez, Jr. as Vice Chairman.download
Heppner, Oregon, (April 10, 2018) BEO Bancorp (OTCBB:BEOB) and its subsidiary, Bank of Eastern Oregon, announced 1st quarter 2018 consolidated net income of $758,000 or $0.64 per share, compared to $801,000 or $0.67 per share for first quarter 2017. Total assets were $393.4 million up 4.4% year over year. Net loans of $312.8 million were up 2.9% from the same period in 2017, while deposits were at $349.5 million up 4.5% year over year.download
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Heppner, Oregon, (January 26, 2018) BEO Bancorp (OTCBB:BEOB) and its subsidiary, Bank of Eastern Oregon, announced consolidated year end 2017 earnings of $3,094,000 a decrease of 8.7% when compared to $3,389,000 in 2016. Average earnings per share were down 7.18% at $2.60. Total assets increased 8.5% from $382.2 million to $414.5 million. Net loans were up 5.5% at $318.9 million and deposits increased 9.0% year over year to $370.7 million.download
BEO Bancorp announces dividend for 2017Heppner, Oregon, (October 30, 2017) “I am pleased to announce that the Board of Directors of BEO Bancorp has voted to declare a $0.80 per share dividend for 2017. The dividend will be paid to shareholders of record as of December 1, 2017 payable on or before December 15, 2017,” said President and CEO Jeff Bailey.download
BEO Bancorp Reports 3rd Quarter EarningsHeppner, Oregon, (October 18, 2017) BEO Bancorp (OTCBB:BEOB) and its subsidiary, Bank of Eastern Oregon, announced 3rd quarter 2017 consolidated net income of $816,000 or $0.69 per share compared to $735,000 or $0.60 per share for third quarter 2016. Year to date earnings were $2,359,000 up 1.2% year over year. Total assets were $403.8 million, up 7.3% year over year. Net loans of $327.0 million were up 12.3% from the same period in 2016, while deposits were at $359.5 million, up 7.6% year over year.download