Oregon Bancorp Announces Quarterly Earnings

SALEM, Ore.--(BUSINESS WIRE)--Oregon Bancorp, Inc. (OTCBB:ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the first quarter of $634,000 and $0.26 per common share. The Company’s quarterly return on average assets and return on average equity were 0.6% and 3.5%, respectively. This compares to $547,000 in net income and $0.22 earnings per common share outstanding for the quarter ending December 31, 2023. The Company’s net interest margin measured 4.2% for