Oregon Pacific Bancorp Q2 net interest margin rises on loan growth and lower deposit costs

Oregon Pacific Bancorp

23/07/2026 21:50

    

    Overview
  
U.S. community bank's Q2 net income rose from prior quarter on higher net interest margin
Company saw loan growth and lower deposit costs support margin expansion
Leadership succession to Amber White as President/CEO effective July 1, 2026, previously announced

    

    Outlook
  
Company anticipates continued growth in trust services noninterest income throughout 2026
Oregon Pacific Bancorp plans to expand trust and wealth management services in the Portland area

    

    Result Drivers
  
LOAN GROWTH - Strong new and renewed loan production, combined with lower payoffs, drove $11.1 mln increase in outstanding loans
LOWER DEPOSIT COSTS - Migration of deposits into lower-rate demand accounts and retirement of brokered CDs reduced cost of deposits to 1.19%
HIGHER TRUST FEE INCOME - Noninterest income rose due to a $141 thousand increase in trust fee income, mainly from higher trust management revenue

    
Company press release: ID:nBw3H2Bqha

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Net Income
 
$2.76 mln
 
Q2 Net Interest Income
 
$8.15 mln
 
Q2 Net Interest Margin
 
4.19%
 
Q2 Pretax Profit
 
$3.71 mln
 
Q2 Provision for Credit Losses
 
$8.15 mln
 

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)