Business NewsMarketWire • Oregon Pacific Bancorp Reports Second Quarter 2010 Results

Oregon Pacific Bancorp Reports Second Quarter 2010 Results

Oregon Pacific Bancorp Reports Second Quarter 2010 Results

FLORENCE, OR--(Marketwire - August 2, 2010) - Oregon Pacific Bancorp (OTCBB: ORPB), a bank holding company for Oregon Pacific Banking Company dba Oregon Pacific Bank (the Bank, together the Company), reports net income of $108,000, or $0.05 per diluted share for the second quarter of 2010 compared to a loss of $432,000, or $0.20 per diluted share for the same period in 2009. For 2010, the Company is reporting a cumulative net income of $211,000, or $0.10 per diluted share year-to-date. This compares to a loss of $425,000, or $0.19 per share for the first six months of 2009.

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Oregon Pacific Bancorp Reports Second Quarter 2010 Results