Heppner Gazette-Times, Heppner, Oregon Wednesday, May 4, 2005 - SEVEN
TSP meeting to be BEO Bancorp posts net income of Final preparations underway for Coil
benefit
held in Lexington $249,000 on strong loan growth
Local citizens and
interested parties are invited
to attend a Morrow County
Planning Commission Public
Hearing regarding the Mor
row County Transportation
System Plan update C o
adoption o f City Transpor
tation System Plans and the
supporting proposed chang
es to county zoning docu
ments will also be discussed
The meeting will start at 7
p m on May 11 at the Mor
row Country School Admin
istration Building located at
270 West Main Street, Lex
ington
The county will con
sider the adoption o f the
Morrow County Transporta
tion System Plan as well as
code revisions required to
implement the Transporta
tion Plan The updated
Transportation System Plan
(TSP) insures that the Coun
ty ’s transportation network
will be able to serve the en
tire county over the next 20
years. The proposed code
revisions include clarifica
tions for private road stan
dards, sight distance require
ments, site plan review re
quirements, gravel road de
sign standards, updated ac
cess management standards
for county roads and appli
cable access management
descriptions for state high
ways. The updated TSP will
also insure that the county is
consistent with the require
ments o f the State o f Ore
gon Transportation Planning
Rule.
The hearing will also
consider the co-adoption of
the Transportation System
Plans for the cities o f Irrig-
on, Boardman, Lexington,
lone and Heppner
The com m unity is
invited to attend and com
ment about the current and
long-term tran sp o rtatio n
needs, plans, and code revi
sions for enhancing the road
system for everyone who
uses it.
Those unable to at
tend but who would like to
com m ent may co n tac t
Howard Roll at CTS Engi
neers at (503) 597-2903 or
hroll@ctsengineers com (e-
mail); or Joyce Jackson at
M itchell N elson G roup
(MNG) by mail, telephone,
or email : 2116 NW Wilson
Street, Portland, OR 97210,
(503) 225-0822, extension
#5 or jlj@mngi com
Keep Power
Poles Clean
BEO Bancorp post
ed net income o f $249,000
in the first quarter o f 2005.
This com pares to a small
operating loss o f $17,000 in
2004 Interest income in
creased 32 percent from $1.6
million to $2 2 million in the
first quarter. Earnings per
share were $0.57. Annual
ized at $2.28, this compares
to 2004 earnings per share
at $2 11, an 8 percent in
crease First quarter return
on equity was 12.47 percent
“The results o f the first quar
ter o f 2005 were encourag
ing,” said President and CEO
George Koffler “We have
turned the corner and the
merger expenses o f2003 and
2004 are behind us. While
the first quarter was relative
ly slow, we are on track to
have a record year for net
income Our efficiency ratio
improved from 96.8 percent
to 76.07 percent, a critical
part o f improving profitabil
ity.”
Total loans grew
from $63.4 million to $96.1
million, an increase o f 52
percent in the past year.
“New loans and new cus
tomers in Ontario, John Day
and Burns have fueled that
increase,” said Qhief Credit
Officer JeffBailey. “We con
tinue to aggressively add to
our allowance for loan loss
es, which is now at 1.31 per
cent o f outstanding loans.
O ur lenders continue to
monitor credit carefully. Our
past due loans to total loans
stands at .02 percent at quar
ter end Net charge offs were
- 4-H News -
North Lex Market
Steer 4 -H Club
.
By Eric Jepsen, Reporter
The North Lex Mar
ket Steer Club had their first
4-H meeting o f the year on
Wednesday, April 20 at the
W ayne and Lori S e itz ’s
home The club had a very
good meal of pizza and pop
before starting the meeting
First, club officers
were elected Amy Jepsen
was chosen as President,
Heather Yocom was picked
as club vice president, Regi
Seitz was voted in for secre
tary and Eric Jepsen was
chosen for reporter After the
officers were elected, club
m em bers w ent ou t and
looked at steers and talked
about what each was feed
ing their steers.
Members present in
cluded Regi Seitz, Natalie
and Andre Rauch, Mary Ri-
etmann. Heather Yocom and
Amy, Eric and Rebecca Jeps
en.
only $ 1,248 for the quarter ”
Deposits grew from
$134 8 million to $147.8
million, an increase o f 10
percent in the past year “We
are pleased to see continued
strong deposit growth, de
spite rate increases,” said
Chief Operating Officer and
EVP Linda LaRue “We had
a 12 percent increase in non
interest bearing deposits, al
ways a good trend We an
ticipate deposit growth to
continue despite tough com
petition for those dollars
Gaining market share in John
Day, Burns, Boardman, Irri-
gon and Condon have led the
way.”
Net interest margin
(N IM ) for the bank im
proved 16 percent, climbing
from 3.61 percent for the
first quarter o f 2004 to 4 20
percent for the first quarter
o f 2005. “This improvement
in NIM was a direct result
o f a planned shift o f assets
from the investment portfo
lio to the loan portfolio,”
said Koffler. “We used called
securities and regular pay
downs o f mortgage backed
securities to fund the in
creasing loan demand we
have experienced.”
BEO Bancorp is the
holding company for Bank
o f Eastern Oregon, which
operates 11 branches in six
eastern Oregon counties
Branches are located in Ar
lington, lone, Heppner, Con
don, Irrigon, B oardm an,
Burns, John Day, Prairie
City, Fossil, and Moro Bank
o f Eastern Oregon also op
erates a mortgage division,
loan production offices in
Hermiston and Ontario, and
offers brokerage services
thru BEO Financial Servic
es The bank’s website is
www.beobank.com
MC Sheriff’s
Report
April 19: MCSO re
ceived a report from Port
land PD that Michael D
Scott, 25, was arrested on
Irrigon Justice Court war
rants for Failure to Pay Fine/
Contempt- Disorderly Con
duct and Failure to Pay Fine/
Failure to Appear on a Cita-
tion/Underlying Charge of
Theft III
-MCSO cited Karen
Marie Williams, 37, for Vio
lation o f the Speed Limit, 92
mph in a 65 mph zone
-MCSO cited Larry
Blumhagen, 59, for Viola
tion o f the Basic Rule, 73
mph in a 55 mph zone
April 20: Boardman
PD cited Javier Pena Ramos,
20, for Driving Uninsured
cReal
Estate
By DAVID SYKES
REALTOR
BEING RELOCATED?
A wooden pow er pole
may seem like a great place
to put up a sign, but it is dan
gerous to line workers who
have to climb the pole - and
it is illegal in many states!
Staples, tacks or nails used
to attach signs can trip up a
line worker, or pierce the
w orkers' safety equipment,
possibly resulting in electro
cution They also prem a
turely damage poles
A message
brought to you in ^
-o
th e in te re s t of
*
s a fe ty by
C ty /
Columbia Basin
^
E lectric C o-O p.
I n c . , your locally ¿ T r i
owned A opcratec
n rV .
e lectric u tility
So. you arc being relocated
to another city ! At least you
are not alone. IRS statistics
show that more than 1.5 mil
lion w age earners claim a
Moving Expense Deduction
each year as a result o f job-
related moves
A great number of these are
supported by corporate reloca
tion benefits programs. Some
pro\ ide for a direct reimburse
ment o f expenses incurred
T hese can include cost o f
transporting household goods;
travel expense for the family's
move; tem porary living ex-
Past Real Estate columns and
property listings are available
at Mw.heppner.net/heritage
penses if the transferee must
be at the new location before
the actual move takes place or
while aw ailing the arm al of
household goods Some corpo
rations offer a house buving
program as a “ safety net in
case employees are unable to
sell their home
If a job-related move is on
the horizon, ask for full details
regarding the companv s relo
cation policy Determine what
costs will be covered - and
what will not be covered
™
¥
180 W Baltimore #5
Heppner. OR 97836
tip itaqp J^tuuiCc.
Tickets are on
sale now for an ele
gant evening o f fine
dining and entertain
ment to benefit the
Darcy Coil family on
Friday, May 6 at the
Heppner Elks Club
An eleg an t
Italian dinner will be
offered dow nstairs
w ith tw o seatin g s
available, 5:30 and
7:30 p m After din
ner, guests will move
upstairs where local
musicians will play a
variety o f music in M arianne Smith displays some of the
decorations that will he part of the Coil
cluding vocals, violin,
benefit dinner sponsored In the Diva
piano and harp Those ( l uh.
wanting to come for
dessert/music only can purchase dessert tickets and join
the first seating dessert at 7 p m Tickets for dinner are $25
for adults and $ 15 for kids 12 and under Dessert only tickets
are $I0 Tickets may be purchased at Murray's Drug and
the Bank o f Eastern Oregon in Heppner and Wheatland
Insurance in lone
Decorations will be an elegant “European theme”
but there is no “dress code” and people can wear whatever
they are comfortable in “We have been overwhelmed by
the generosity o f businesses and individuals and we are
very excited about the event,” said Marianne Smith, chair
person “We are hoping it will be a fun 'M other’s Day’
dinner with proceeds going to a very good cause.”
For more information, contact Marianne Smith,
Carri Grieb or Ann Murray
The Justice C ourt
for Heppner and Irrigon han
dled 162 cases in the month
o f March 2005 O f those
cases, 135 were traffic cita
tions, one was a game cita
tion, 19 were misdemeanors,
three were civil claims and
FEDS, one was a small claim
and three were DUII
The court also han
dled 13 pre-trials, issued 69
warrants; ordered 148 sus
pensions; filed three DUII
Diversions, returned 62 war
rants from the sheriff’s of
fice; and sent 299 accounts
to collection The court also
held seven minor hearings
(traffic).
The total amount re
ceipted was $35,716 70 O f
that amount, the state re
ceived, $8727; the county
received $26,766 70; and
$223 was turned over in res
titution
Tickets recently pro
cessed included:
Jerry C. Walker, 37,
Lexington, Violation o f the
Speed Limit, 65 mph in a 55
mph zone. No O perator’s
License and Driving Unin
sured, fine $621.
ODFW reminds hunters to apply for big game hunts
State wildlife offi
cials are urging big game
hunters to apply for this fall's
controlled big game hunts as
quickly as possible to avoid
the lines expected to occur
near the May 15 deadline
Hunters should sub
mit th eir ap p lic atio n s
through their local license
agent, mail order or Oregon
D epartm ent o f Fish and
Wildlife office However, be
cause the deadline falls on a
Sunday this year, ODFW of
fices will not be open that
day, and some license agents
also may be closed
ODFW lim its the
number o f hunters for par
ticular hunts to improve
game management and en
hance the hunting experi
ence Hunters must apply for
tags for these “controlled”
hunts in the spring. A random
computer drawing occurs in
June and hunters are notified
by June 20 if they were suc
cessful.
Pronghorn, bighorn
sheep, mountain goat, east
ern Oregon buck deer, many
eastern Oregon bull elk sea-
sons, and most antlerless
deer and elk seasons are
managed via the controlled
hunt system The cost to ap
ply is $4 50 per hunt type
Hunters must have a 2005
hunting license to apply.
Hunters will receive
quicker service at a license
agent if they have the follow
ing materials readily avail
able hunting license or
Hunter/Angler Identification
Number, a list of the hunts
being applied for, and, if ap
plicable, the party leader’s li
cense number
He was also cited for MISC-
Throwing Burning Material
and False Information about
Insurance
-Boardman PD ar
rested Nancy Rodriguez, 25,
on an Irrigon Justice Court
warrant for Failure to Pay
Fine/Theft II x4
-M C SO arrested
Allen Kevin Tompkins, 42,
for Assault IV Domestic He
w as lodged at U m atilla
County Jail
-MCSO cited Cory
Breeding, 21, for Violation
o f a Restraining Order
-MCSO received a
report from McMinnville PD
that Kenneth Alan Harrison,
34, was arrested on a Mor
row County Circuit Court
warrant for Failure to Ap-
pear/Harassm ent Physical
and Criminal Trespass II
Harrison was lodged at Yam
hill County Jail
-M C SO arrested
Louis Hauhane Nakapalau,
54, on a Clark County, WA
warrant for Conditional Re
lease Violation He was had
a local charge o f Failure to
Register as a Sex Offender
Nakapalau was lodged at
Umatilla County Jail
-Boardman PD cited
Leobardo Jacquez III. 29,
for No Insurance
A p r i l 21: MCSO
cited Pedro Rodriguez Go
mez, 64, for Violation o f the
Basic Rule, 79 mph in a 55
mph zone. No O perator’s
License and No Insurance
-MCSO cited Nora
Jo Rogers, 38, for No Valid
Operator’s License Rogers
was also warned for Defec
tive Equipment
-M CSO arrested
C h risto p h e r
D ew ayne
Schneider, 22, on an Irrigon
Justice Court warrant for
Failure to Pay Fine/Driving
while Suspended
-MCSO received a
report from Pendleton PD
that Ronald Ivan Scheel, 24,
was arrested on an Irrigon
Justice Court warrant for
Failure to Pay Fine/No An
gling
April 22: Boardman
PD arrested Robert Wayne
Evans, 44, on an UCSO war
rant for Failure to Appear/
Criminal Mischief 11 Evans
w as lodged at U m atilla
County Jail
-Boardman PD cited
Marcalino Rivera-Lomeli,
48, for DUII and for BAC
refusal
-MCSO cited Migel
Lopez, 42, for No Opera
tor's License and Failure to
Carry Proof of Insurance
-M CSO arrested
Theresa Horner, 44, on an
Irrigon Justice Court war
rant for Failure to Pay Fine/
Driving while Suspended
misdemeanor
-M CSO arrested
Kevin Wayne Smith, 32, on
an Irrigon Justice Court war
rant for Failure to Pay Fine/
Driving while Suspended-
misdemeanor He was also
arrested on an UCSO war
rant for Failure to Appear/
DUII and False Info to a
P olice O fficer He was
lodged at Umatilla County
Jail.
April 23: Boardman
PD cited Maria Martinez,
37, for No O perator's Li
cense The vehicle was im
pounded
-Boardman PD cited
Jackie Kristine Roberts, 26,
for Driving Uninsured She
was also warned for Failure
Heppner GT
news &
advertising
DEADLINE
Mondays
at 5 p.m.
C o lleg e n ow ? S u re.
itifr
O v e r a w e e k e n d . On yo u r o w n .
On th e W eb. In c la s s .
W ith E a s te rn !
EASTERN O R E GON
U
N
1
V
F
*
S
1
T
y
Division of Distance Education
500+ cou rse cho ices in 35+ su b je c t areas
at a distance!
(541) 278-5776
1-866-801-6196 (toll free)
F R E E E O U O R IE N T A T IO N
M a rie Hall, Advisor,
M a y 12 N o o n C o n d o n
(C ourthouse, Jury Room)
Hermiston
8 Mid-Columbia Region
E-mall: mhall@eou.edu
REALTOR a
541-676-9228
Justice Court
report
Phone or E-m ail fo r details
i.