Archive for January 2022
People’s Bank Reports 2021 Earnings
People’s Bank of Commerce (OTC PINK: PBCO) announced today (1/19/2022) its financial results for the 4th quarter and year-ended 2021. Highlights Fourth quarter net income of $3.0 million, or $0.59 per diluted share Year-to-date net income of $11.5 million, or $2.44 per diluted share Quarterly non-PPP loan growth rate of 13.1%, year-to-date loan growth of…
Read MoreNon-Profit Medford Publishing Company Releases First Online, Interactive Southern Oregon Industrial & Manufacturing Guide
Collaborative Publishing Solutions (CPS) is excited to introduce the first-of-its-kind, six-county Southern Oregon Industrial & Manufacturing Guide. It will be released as an interactive online publication, followed by several thousand print editions for distribution. “The Southern Oregon Industrial & Manufacturing Guide highlights more than 1,400 manufacturing firms and support industries in Douglas, Jackson, Josephine, Klamath,…
Read MoreCreating Value
To start 2022 off, I thought to write about creating value in a business. This topic is not often thought about during many of the stages of the business cycle. It is not often executed well towards the end of ownership, as it becomes apparent that the residual value of the business is what the…
Read MoreTwo Steps from Failure
An estimated 200,000 business closures have occurred in each of the first two years of the Covid19 pandemic. These are closures that happened because of Covid19 that would not otherwise have happened. In a typical year, absent Covid19, approximately 600,000 businesses will close their doors. But is that a distraction from the true cause of…
Read MoreAmerititle Promotes Eric Templeton To Senior Vice President
Eric Templeton, Area Manager for AmeriTitle, has been promoted to Senior Vice President. Eric’s area of responsibility has expanded to include AmeriTitle’s Central Oregon counties in addition to his current role of managing operations in the Mid-Willamette Valley and a portion of Southern Oregon. Eric’s territory now includes 15 branches serving 11 counties. Eric joined…
Read MoreWhat can we learn from McMenamins Data Breach?Ransomeware and its impact.
From McMenamins.com What Happened On December 12, 2021, McMenamins suffered a ransomware attack. As soon as we realized what was happening, we blocked access to our systems to contain the attack that day. It appears that cybercriminals gained access to company systems beginning on December 7 and through the launch of the ransomware attack on…
Read MoreIt’s what neighbors do
A neighbor died this week. How he lived his life and how he eventually died are not my story to tell. I didn’t really know this man that died but I saw him almost every day because he lived at the end of my driveway in a small shack and near the end, in his…
Read MoreA Few Words from Jim
January 2022 WOW! It’s 2022 It’s the crazy issue. I’m always eager and excited to start a new year. I’m excited about doing a lot of new things in the journal this year. I’m already hard at work on next months issue and it’s going to be epic. I’m also considering retiring the virtual print…
Read MoreCelebrated Tech Leader Joins Dutch Bros Coffee’s Board of Directors
12/15/2021 GRANTS PASS, Ore.–(BUSINESS WIRE)– Dutch Bros Inc. (“Dutch Bros Coffee”), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Stephen Gillett to its Board of Directors and Audit and Risk committees of the Board. Gillett brings significant C-suite leadership experience at multiple…
Read MoreUmpqua Bank 2022 Economic Outlook for Businesses Shows Growth Opportunities Ahead, but Adaptability Remains Critical for Success
Report taps economists and bank leaders for insights to help small and middle market companies navigate disruptions, be ready for opportunities Dec. 9, 2021 /PRNewswire/ — Umpqua Bank today released its 2022 economic outlook report for small and middle market companies, “Headwinds & Opportunities: Economic Trends & Predictions for Businesses in 2022.” The bank tapped prominent…
Read MoreCannabis Fertilizer & Soil Manufacturer Dakine 420 Lands National & International Distribution Partners
Redmond, Oregon-based company expanding operations In these times of lockdowns, and supply issues, it’s refreshing to see a company surging in growth. Dakine 420 announces new partnerships with Stellar Wholesale, Inc. in Canada, and BFG in the U.S. to get their products to thousands more growers. Since 2013, Dakine 420 has self-distributed its powdered fertilizers and grow media…
Read MoreUMPQUA BANK NAMED OREGON’S MOST ADMIRED FINANCIAL SERVICES COMPANY
Bank recognized by Oregon’s business community for 17th consecutive year Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), has been named Oregon’s Most Admired Financial Services Company by business and community leaders for the 17th consecutive year. Umpqua is Oregon’s largest bank and has received the Most Admired honor every year since the Portland Business Journal first introduced the award in 2005. “To…
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