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Accordion 2
People's Bank and Logos Finalize New School Loan
October 3, 2018
Release By: Julie Niles-Fry, Logos Public Charter School and Steve Erb, People's Bank of Commerce
Medford, OR. The ink is dry! Monday, October 1, 2018
sealed the fate of a 6.2 million dollar new school for Logos
Public Charter School, being constructed at 1203 North Ross
Lane in Medford.
Accordion 3
People's Bank Helps Playground Project Reach Milestone

August 22, 2018

Release By: Rich Rosenthal, Director - Parks, Recreation and Facilities Management Department City of Medford


A $10,000 sponsorship from People’s Bank has resulted in funding for the Olsrud Family Community Playground project to surpass the $500,000 plateau.


The People’s Bank donation sponsors the “Parent and Me” feature, a swing specially designed for an adult to swing simultaneously with a young child.


The donation is the largest contribution received to date from a bank in the City of Medford’s and the Medford Parks and Recreation Foundation’s efforts to raise $610,000 to replace the 30-year-old wooden Bear Creek Park playground with a modern custom-built structure.


“We are very pleased to have contributed to this great cause,” said Ken Trautman, President and CEO of People’s Bank.  “I imagine that nearly every family in the Valley has played at the park’s playground at some time and our being the sponsor taking the fundraising past this significant milestone is a great honor.”


Rejuvenating the popular fort-like playground with a similar style using modern material was identified as a high-priority capital improvement project for the 2017-19 funding cycle. The City teamed up with JWA Public Affairs, the Medford Parks and Recreation Foundation, the Medford School District, and Leathers Inc. to replicate the original 1987-88 community design-and-build process and to galvanize fundraising and community engagement.


In addition to being larger in size, the Olsrud Family Community Playground will meet or exceed Federal accessibility guidelines, will have better sightlines for supervision, and will have more climbing features and imaginative amenities for children of all ages.


An additional $100,000 is needed to complete installation of the optimal rubber-tile surface.


“We enthusiastically thank People’s Bank for this major gift,” Medford Parks and Recreation Director Rich Rosenthal said. “The bank is sponsoring one of the several features that will make the Olsrud playground unlike any other in the region.”


For details on how to donate to the project, how to sponsor a feature, or how to volunteer, please visit

Accordion 4
People's Bank Hires Local Team
August 16, 2018

Medford, OR—Locally-owned People’s Bank of Commerce is pleased to announce the addition of Bill Haden - Senior Vice President Team Leader/Commercial Lending, Lori Williams - Vice President Commercial Loan Officer, Bryan Pistole - Credit Analyst and Cathi Jamison - Commercial Loan Assistant.

Bill, Lori, Bryan and Cathi are all local bankers who joined People’s Bank from Mechanics Bank, previously Scott Valley Bank.  “We are very fortunate to have Bill and his team join our efforts to strengthen our presence in the Rogue Valley,” says Julia Beattie, Executive Vice President and Chief Lending Officer.  “This team has over a century of combined years experience in banking and all are very involved in helping our community with volunteering and serving on local boards”.  

 View Entire Press Release Here

Bill Haden

Bill Haden, SVP/Commercial Lending Team Lead

Lori Williams

Lori Williams, VP/Commercial Loan Officer

Bryan Pistole

Bryan Pistole, Credit Analyst

Cathi Jamison

Cathi Jamison, Commercial Loan Assistant 


Accordion 5
People's Bank year-to-date Earnings Increase 55%
July 24, 2018
Medford, Oregon - People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the second quarter and year-to-date 2018. The bank reported net income of $845,000 or $0.29 per basic and diluted share for the second quarter of 2018, compared to net income of $483,000 or $0.20 per share in the same quarter of 2017. Earnings for the first six months of 2018 totaled $1,569,000 or $0.56 per share compared to $1,011,000 or $0.43 per share during the first half of 2017. Diluted earnings per share for the trailing 12 months ending 6/30/2018 were $0.97 per share compared to $0.92 one year earlier.
Accordion 6
People's Bank of Commerce Earnings Increase 37%
April 20, 2018
Medford, Oregon - People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the first quarter of 2018. The bank reported net income of $724,000 or $0.26 per diluted share for the first quarter of 2018, compared to net income of $528,000 or $0.23 per diluted share in the same quarter of 2017. Earnings in the fourth quarter of 2017 totaled $313,000 or $0.11 per diluted share. Earnings per share for the trailing 12 months, was $0.86 per share at the end of the first quarter 2018 from $0.93 per share for the prior period. Fourth quarter 2017 earnings were impacted by the one-time tax charge associated with the tax law revision of $413,000 or $0.15 per share.
Accordion 7
People's Bank Declares 5% Stock Dividend

February 28, 2018

The Board of Directors of Peoples Bank of Commerce (OTCBB:PBCO) announced today a five percent (5%) stock dividend payable to all shareholders of record April 27, 2018, payable on or about May 31, 2018.   Ken Trautman, President and CEO stated that “the Board of Directors is delighted to provide this dividend to our shareholders in light of the 35% increase in pretax income in 2017 compared to 2016.”  No fractional shares will be issued and cash will be paid in lieu of fractional shares. 

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