PBCO Financial Corporation Reports Q1 2022 Earnings

April 20, 2022 PBCO Financial Corporation (OTC PINK: PBCO), the holding company of People’s Bank of Commerce, announced today its financial results for the 1st quarter 2022. As a result of the PBCO Financial Corporation reorganization and merger effective February 28, 2022, the current period financial discussion and summary balance sheet and income statement in…

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A Few Words from Jim – April 2020

Jim Teece Head Shot

All In… Gene Pelham retired as CEO of Rogue Credit Union. It grew 10X during his tenure because of a simple strategy he had adopted when he became CEO. “Our strategy was to create the most loyal members in the nation.” He used poker chips to explain his idea. The board, the exec team and…

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People’s Bank Jacksonville Branch Now Open

People’s Bank of Commerce is pleased to announce the opening of our newest location in Jacksonville, Oregon, on March 1st.  This is the bank’s tenth branch and is located at 185 E. California Street.  We offer full-service banking, including new accounts and teller services, as well as consumer, mortgage, and business loans. Hours of operation are Monday…

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People’s Bank Hires Evp/Chief Credit Officer Bill Whalen

People’s Bank of Commerce is pleased to announce the recent hiring of William (Bill) Whalen as executive vice president and chief credit officer. Whalen joins People’s Bank with almost 33 years of experience in the banking industry, of which 30 have been in Oregon. He most recently worked as senior vice president and chief credit…

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How Good is Good Enough?

We discover that something we thought was good enough, just wasn’t. We could have done better, tried harder, gone just a little farther. For a thousand reasons we stopped too soon, short of a better result.  You and I know that if we keep doing what we’ve always done, we will get what we’ve always…

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Late wrestling coach leaves largest-ever gift to SOU

Legendary Southern Oregon University wrestling coach Bob Riehm’s influence at SOU and within the wrestling program will continue in perpetuity, with a $3 million donation from his estate announced today that ranks as the largest-ever single gift to the university. The bequest was announced by the university and his surviving sisters at a celebration of…

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SOU President Rick Bailey Jr. – March 2022 Update

This is an Otter.ai Transcription of Southern Oregon University President Rick Bailey March YouTube video. Hi everybody, this is Rick Bailey, President at Southern Oregon University. Thank you as always for tuning in to our latest video update for our university and our community. Let’s start today with a celebration. As you know earlier this…

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Business Strategies for an Inflationary Environment

Now that the COVID Pandemic lockdowns and re-openings are in the past, we can start assessing the after-effects of the policies that were instituted as a reaction to the crisis. Whether or not all economists are in agreement regarding the causes, it appears there is agreement on the fact that we have entered an inflationary…

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Willamette Valley Vineyards Posts a Profit for 2021

SALEM, Ore., March 29, 2022 /PRNewswire/ — Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) (the “Company”), a leading Oregon producer of Pinot Noir, generated income per common share after preferred dividends of $0.20 and $0.46 for the years ended December 31, 2021 and 2020, respectively, a decrease of $0.26, or 56.6%, for the year ended December 31, 2021 over the prior year period.  The Company had net sales revenues of $31,786,864 and $27,314,852 for the…

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Lithia & Driveway (Lad) Increases Revenue 60%, Eps 36%, And Adjusted Eps 109%, Record Fourth Quarter Performance

ANNOUNCES DIVIDEND OF $0.35 PER SHARE FOR FOURTH QUARTER MEDFORD, Ore., Feb. 9, 2022 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue and earnings per share in company history. Fourth quarter 2021 revenue increased 60% to $6.3 billion from $3.9 billion in the fourth quarter of 2020. Fourth quarter 2021 net income attributable…

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