-
People’s Bank Declares 5% Stock Dividend
People’s Bank Declares 5% Stock Dividend
Share
MEDFORD, Ore.--(BUSINESS WIRE)--The Board of Directors of People’s Bank of Commerce (OTC PINK: PBCO) announced today a five percent (5%) stock dividend payable to all shareholders of record August 25, 2021, payable on or about September 22, 2021. Ken Trautman, CEO, stated “the Board of Directors is pleased to provide this dividend to our shareholders in appreciation of their support and in recognition of the strong financial results the bank has seen for the second quarter and year-to- date.” No fractional shares will be issued, and cash will be paid in lieu of fractional shares.
Contacts
Ken Trautman, CEO
(541) 774-7654, ken@peoplesbank.bank
More News From People’s Bank of Commerce
PBCO Reports Chief Operating Officer Retirement
MEDFORD, Ore.--(BUSINESS WIRE)--PBCO Financial Corporation (OTCPK: “PBCO”), the holding company (Company) of People’s Bank of Commerce (Bank), today reported that Steve Erb, Chief Operating Officer of the Company and Bank will retire March 16, 2026. Erb joined the bank in January 2014, serving as Chief Banking Officer, Chief Strategy Officer, and most recently as Chief Operating Officer. “We honor Steve, whose lifelong dedication to banking and leadership with People’s Bank over the past 11 yea...
PBCO Financial Corporation Reports Third Quarter 2025 Results
MEDFORD, Ore.--(BUSINESS WIRE)--PBCO Financial Corporation (OTCPK: “PBCO”), the holding company (the “Company”) of People’s Bank of Commerce (the “Bank”), today reported net income of $2.1 million and earnings per share of $0.39 for the third quarter of 2025, compared to net income of $2.1 million and $0.39 per share for the second quarter of 2025. Highlights Loans grew by $6.7 million or 1.2% in the third quarter Return on average assets of 1.01% during third quarter Tangible book value per sh...
PBCO Financial Corporation Reports Second Quarter 2025 Results
MEDFORD, Ore.--(BUSINESS WIRE)--PBCO Financial Corporation (OTCPK: “PBCO”), the holding company (the “Company”) of People’s Bank of Commerce (the “Bank”), today reported net income of $2.1 million and earnings per share of $0.39 for the second quarter of 2025, compared to net income of $1.9 million and $0.36 per share for the first quarter of 2025. Highlights Net interest margin increased by 13 basis points to 3.76% compared to 3.63% in the first quarter of 2025 Net income increased by 5.7% ver...