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Oregon Pacific Bancorp (Oregon Pacific Bancorp) Credit Losses Provision : $-0.12 Mil (As of Sep. 2023)


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What is Oregon Pacific Bancorp Credit Losses Provision?

Oregon Pacific Bancorp's credit losses provision for the three months ended in Sep. 2023 was $-0.12 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.12 Mil.

Oregon Pacific Bancorp's quarterly credit losses provision increased from Dec. 2019 ($0.00 Mil) to Sep. 2022 ($0.21 Mil) but then declined from Sep. 2022 ($0.21 Mil) to Sep. 2023 ($-0.12 Mil).

Oregon Pacific Bancorp's annual credit losses provision increased from Dec. 2017 ($0.27 Mil) to Dec. 2018 ($0.55 Mil) but then declined from Dec. 2018 ($0.55 Mil) to Dec. 2019 ($0.24 Mil).


Oregon Pacific Bancorp Credit Losses Provision Historical Data

The historical data trend for Oregon Pacific Bancorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oregon Pacific Bancorp Credit Losses Provision Chart

Oregon Pacific Bancorp Annual Data
Trend Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.13 0.27 0.55 0.24

Oregon Pacific Bancorp Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep22 Sep23
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.21 -0.12

Oregon Pacific Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oregon Pacific Bancorp (Oregon Pacific Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1365 Highway 101, P.O. Box 22000, Florence, OR, USA, 97439
Oregon Pacific Bancorp is a community bank headquartered in Florence, Oregon. The bank has full-service branches in Coos Bay, Eugene, Florence, Medford, and Roseburg. It is specialized in offering holistic financial services to local families and business owners. The company is committed to aiding the growth and development of the communities by investing local deposits directly into the lives, homes, and businesses.
Executives
Ronald S Green officer: EVP/Chief Credit Officer PO BOX 22000, FLORENCE OR 97439
James P Clark officer: EVP/Chief Credit Officer PO BOX 22000, FLORENCE OR 97439
Brian L Castleman officer: VP/SENIOR COMMERCIAL LENDER PO BOX 22000, FLORENCE OR 97439
Ryan J Lahley officer: VP/REGIONAL LOAN MGR ROSEBURG PO BOX 22000, FLORENCE OR 97439
Christopher M Giovinco officer: Senior Vp Regional Mgr Comm Ln
Delia Ralstin officer: VP/ MANAGER LOAN OPERATIONS PO BOX 22000, FLORENCE OR 97439
Tricia Benetti director PO BOX 22000, FLORENCE OR 97439
Mary Hipkiss officer: VP director human resources
Mark A Hetrick officer: Senior VP/CLO
Douglas B Feldkamp director C/O OREGON PACIFIC BANCORP, PO BOX 22000, FLORENCE OR 97439
Thomas K Grove director, officer: president/ceo
Jon D Thompson director PO BOX 22000, FLORENCE OR 97439
Robert W Dyer officer: VP COMMERCIAL R E LENDING OFFI
Deena Lynne Gisholt officer: VP/Regional Loan Manager, other: Branch Manager
K C Short officer: VP/Commercial Lending Officer

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