Klamath
People’s Bank of Commerce is pleased to announce the hiring of a Eugene team of bankers and will be opening a location in the Eugene area soon. The team includes Mark Rodewald – Market President, Torsten Thomas – Commercial Loan Officer Team Lead, Jenny Freeman –Business Development Officer and Ryan Rodewald – Commercial Loan Officer. …
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Nov. 11, 2022, KLAMATH FALLS, Ore. – On Tuesday, The Boeing Company (Boeing Commercial Airplanes) and Oregon Institute of Technology (Oregon Tech) signed an agreement to develop a Collaboration Lab at Oregon Tech’s Klamath Falls campus, which would provide a secure environment for Oregon Tech students completing projects for Boeing. Boeing Production Engineering Manager Stan L. Carr…
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El Pollo Loco, Inc. (“El Pollo Loco” or “Company”) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, announced today the signing of a multi-unit development deal for five new restaurants in parts of Northern California and Southern Oregon over the next several years. The deal has been signed with Bunch of Pollo, Inc., an experienced…
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Southern Oregon University has been selected to be part of the 2022-23 cohort of First-gen Forward, a nationwide initiative to improve academic outcomes for first-generation college students. SOU will become one of about 300 higher education institutions to have received the designation, becoming eligible for professional development opportunities, community-building experiences and access to the research and resources of…
Read MoreKCEDA (Klamath County Economic Development Association) is Klamath County’s leading economic development agency. We work with companies of all shapes and sizes, positioning them for success, and our community for a more promising economic future. Capital investment in Klamath County continues to rise, and we believe this growing momentum is just the beginning. KCEDA and…
Read MoreIn an announcement made by the Klamath County Economic Development Association (KCEDA), housing developer, Rjouney LLC (based out of Goldendale, Washington), is officially reporting today that they have agreed to purchase 40+ acres on Tech Hills for the future development of a 120+ space, full amenities, high-end RV Park. Tech Hills is one of only…
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January 20th, 2022 (Klamath Falls, OR) — Today, in a joint press release, the Klamath County Economic Development Association (KCEDA), the City of Klamath Falls, and Coldwell Banker announced that developers for the northwest franchise, Growler Guys (locations in Washington, Oregon, Idaho, Nevada, and Wisconsin), will be purchasing the former Reames Golf Course & Country Club.…
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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 MoreJanuary 21, 2021 MEDFORD, Ore.–(BUSINESS WIRE)–People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the fourth quarter and full year 2020 operations. The bank reported net income of $6,131,000 for the full year of 2020 compared to $4,068,000 in 2019, a 51% increase. In 2020 earnings per diluted share were $1.76 compared…
Read MoreHighlights of the Announcement Cash consideration will be increased to $1.70 per share Total merger consideration of $11.18 per share for shareholders of Willamette Community Bank January 22, 2021, 7:20 PM Eastern Standard Time MEDFORD, Ore. & ALBANY, Ore.–(BUSINESS WIRE)–People’s Bank of Commerce (OTCBB: PBCO) (“PBCO” or the “Company”), and Willamette Community Bank (OTCBB: WMCB),…
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Note : I proudly serve on the board of People’s Bank and offered to include the shareholder mailing about the merger in this months journal. This is not a solicitation or recommendation to any shareholders. It’s just a story and insert (by a sponsor of the Southern Oregon Business Journal – I’d do the same…
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People’s Bank of Commerce (OTCPK: PBCO) (“PBCO” or the “Company”), and Willamette Community Bank (OTCPK: WMCB), headquartered in Albany, Oregon, announced the signing of a definitive agreement whereby Willamette Community Bank will merge with and into People’s Bank of Commerce. Highlights of the Announced Transaction Pro forma assets of approximately $710 million 4th largest bank…
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