Willamette Cmty Bnk (WMCB) 7.2000 $WMCB
Willamette Community Bank Declares Stock Dividend
PR Newswire - Fri Apr 18, 7:17AM CDT
Willamette Community Bank's (OTCQB: WMCB) Board of Directors has approved a 3% stock dividend, to be paid on May 25th, 2014 for shareholders of record as of May 5th, 2014. The dividend marks the first time that the bank, headquartered in Albany, Oregon, has paid a dividend in its history. Willamette Community Bank has just come off of a record net income year in 2013, and has also recently announced an expansion into the Salem, Oregon, market with a Loan Production Office. The dividend, marking another momentum point for the company, was praised by shareholders and the company's top management. The bank's CEO, Dan McDowell, stated, "We have had extraordinary success over the last year, along with some very positive additions to our team and our capabilities. I am very pleased that we are able to reward our shareholders for their commitment to Willamette Community Bank."
Willamette Community Bank Hires Veteran for New Salem, Oregon Office
PR Newswire - Tue Apr 01, 4:41PM CDT
Willamette Community Bank (OTCQB: WMCB) is pleased to announce the opening of a new Loan Production Office in Salem. The bank, headquartered in Albany, Oregon, has chosen Salem to be the newest addition to its highly successful banking franchise. The bank recently completed its 8th consecutive year of profitability with record performance. Net income for 2013 increased by 61% over 2012, marking the most profitable year in the bank's 10 year history.
Willamette Community Bank Announces Record Profitability in 2013
PR Newswire - Mon Feb 10, 4:07PM CST
Willamette Community Bank (OTCBB: WMCB) completes its 8th consecutive year of profitability with record performance. Net income for the year increased by 61% over 2012, coming in at $401,000, marking the most profitable year in the bank's 10 year history. Net Interest Margin increased from the third quarter by 36Bps (0.36%) to 4.37% in fourth quarter 2013, resulting from continued core deposit strength and new loans originated in the final quarter of the year. Asset quality showed continued strength, with non-performing assets remaining at only 0.02% of total assets. Net Loans increased $1.7MM over prior year end, with strong growth noted in the final two quarters of the year.
Willamette Community Bank Declares Stock Dividend
PR Newswire - Fri Apr 18, 7:17AM CDT
Willamette Community Bank's (OTCQB: WMCB) Board of Directors has approved a 3% stock dividend, to be paid on May 25th, 2014 for shareholders of record as of May 5th, 2014. The dividend marks the first time that the bank, headquartered in Albany, Oregon, has paid a dividend in its history. Willamette Community Bank has just come off of a record net income year in 2013, and has also recently announced an expansion into the Salem, Oregon, market with a Loan Production Office. The dividend, marking another momentum point for the company, was praised by shareholders and the company's top management. The bank's CEO, Dan McDowell, stated, "We have had extraordinary success over the last year, along with some very positive additions to our team and our capabilities. I am very pleased that we are able to reward our shareholders for their commitment to Willamette Community Bank."
Willamette Community Bank Hires Veteran for New Salem, Oregon Office
PR Newswire - Tue Apr 01, 4:41PM CDT
Willamette Community Bank (OTCQB: WMCB) is pleased to announce the opening of a new Loan Production Office in Salem. The bank, headquartered in Albany, Oregon, has chosen Salem to be the newest addition to its highly successful banking franchise. The bank recently completed its 8th consecutive year of profitability with record performance. Net income for 2013 increased by 61% over 2012, marking the most profitable year in the bank's 10 year history.
Willamette Community Bank Announces Record Profitability in 2013
PR Newswire - Mon Feb 10, 4:07PM CST
Willamette Community Bank (OTCBB: WMCB) completes its 8th consecutive year of profitability with record performance. Net income for the year increased by 61% over 2012, coming in at $401,000, marking the most profitable year in the bank's 10 year history. Net Interest Margin increased from the third quarter by 36Bps (0.36%) to 4.37% in fourth quarter 2013, resulting from continued core deposit strength and new loans originated in the final quarter of the year. Asset quality showed continued strength, with non-performing assets remaining at only 0.02% of total assets. Net Loans increased $1.7MM over prior year end, with strong growth noted in the final two quarters of the year.
