Image provided by: Morrow County Museum; Heppner, OR
About Heppner gazette-times. (Heppner, Or.) 1925-current | View Entire Issue (Oct. 17, 2012)
H e p p n e r G aze tte-T im es, H eppner, O rego n W ednesday, O ctober 1 7 ,2 0 1 2 - SEVEN BEO reports 3rd quarter earnings BEO Bancorp and its subsidiary. Bank of Eastern Oregon, announced third- quarter 2012 consolidated net income o f $779,000 or $0.72 per share, compared to $490,000, or $0.53 per share for third quarter 2011. Year-to-date earnings were $2,006,000, up 49.9 percent year-over-year. Total assets were $276.7 m illion, up 9.9 percent year over year. Net loans o f $219.6 m il lion were up 10.8 percent from the same period in 2011, while deposits were at $245.2 million, up 10.4 percent year over year. “Our profitability trends are strong and we continue to see excellent growth in both deposits and loans,” said President and CEO Jeff Bailey. “We have seen improvement in our prob lem loans. Other real estate is starting to move and we are taking steps to clean up our balance sheet.” C h ie f F in an cial O f ficer Mark Lemmon said, “ Return on Average A s sets is 1.14 percent and Return on Average Equity is 16.03 percent compared to 1.0 percent and 14.33 percent, respectively, year over year. Our shareholder equity is up 15.3 percent year-over-year, strong by all measures. Strong core earnings bode well for our equity position.” “ With the prolonged low interest rate environ ment, which even the Fed eral Reserve says will last a while longer, we continue to see strong deposit growth,” said Chief Operations Of ficer Gary Propheter. “The growth is coming from all areas o f our branch network and we welcome new cus tom ers and are sure they w ill enjoy our brand o f banking.” “Our local agricultural economy continues to per form well. The 2012 har come additional opportuni ties. O ur strong vest w as good, com capital and earn m odity p rices are ings bode well for holding up well, but Bank o f Eastern we could d efinite O reg o n ’s ability ly use some rain,” to take advantage said Bailey. “ The o f the right oppor uncertainties o f the tunities over the national and world next few years.” wide economy, the CEO Jeff Bailey For further in political season and formation on the additional regulation placed upon com m unity company or to access in banks are all challenges, but ternet banking, visit http:// oftentimes with challenges www.beobank com. CHECK OUT THESE GREAT REAL ESTATE REALS jfi$ www.sykesrealestate.net • www.pendletonproperties.net^^L I n e w l is t in g Three bedroom 1 bath, large master bedroom, great view, tank less water heater Den/Game room has custom cabinets. 1960 mid-century modern home on 1/3+ on the edge of a small town on the high plateau the Columbia River Gorge. Perfect getaway or residence .. retirement? Lots of original and custom cabinetry All appliances including washer/dryer. 40 1 S B S T R E E T , C O N D O N 831 S W 10TH , P E N D L E T O N $ 365,000 Country home,shop 2008 including fe w kitchen cabinets & counter top and new sheetrock. Outside includes Green house now set up for hog operation, barn and shop. Some irrigation on bottom ground and your own 100 yard firing range. Fruit trees & tall cyclone fenced deer-proof garden area 61892 S A N D H O LLO W RD H i Nice parcel near residential neigh borhood and also close to the new B oardm an City Center. City water and sew er available 5.9 acres m/l Price Reduced U p d a te d a th ro o m s , flo o rin g , u p d a te d k itc h e n w ith o a k c a b in e ts L a rg e b a c k y a rd w ith v ie w o f m o u n ta in s 2 0 m in u te d r iv e to m o u n ta in s N ic e n e ig h b o r h o o d Clean, well kept home located within walking distance of stores and school. Lovely backyard right on bubbling Willow Creek This home is well cared for inside and out and requires no fix up Cyclone fence will keep your pets inside the yard. Call for an appoint to view this cute home. House was completely remodeled in 2007. New sheetrock, tile floors, carpeting, and much more. Large lot with garden space in the back. 12 0 Q uia d, H e p p n e r 165 QUAID ST, HEPPNER 6 0 4 W G A R D E N ST., C O N D O N New master bedroom & bath in this 3 bedroom Stop spending your time fixing up your house and move into a home where it's all been done You'll adore this 3 bedroom, 2 bath on a quiet street near downtown Remodeled in 2008 with a new master suite, bath and more. Walk In closet, jet tub and tile floors Well kept fenced back yard with room to park your RV or other toys. 3 Bedroom 2 bath home in Lexington T h is h o m e h a s m e ta l ro of, c e m e n t fo u n d a tio n & p ro p a n e F /A 128 X 121 6 6 lo t 2 4 6 5 s q ft h o m e h a s fu ll b a s e m e n t a n d la rg e fe n c e d y a rd w ith a p p le , n e c ta h n e a n d c h e rry tre e s G a ra g e . 150 E. Main. Lexington. OR View lot at Lakeview Heights. ely rem odeled 3 bedroom 2 bath hom e on large lot Extra parking This Is a solid hom e w ith lots storage, shop and covered parking Fam ily and pet friendly w ith a fully fenced yard and garden a r eas RV parking Call and make an appoint to view this home 775 N Shobe, H e p p n e r Own one of U p d a te d b a th ro o m s , flo o rin g , u p d a te d k itc h e n w ith o a k c a b in e ts L a rg e b a c k y a rd w ith v ie w o f m o u n ta in s . 2 0 m in u te d r iv e to m o u n ta in s N ic e n e ig h b o rh o o d the last view lots at Lakeview Heights. 84 X 123 SkV 10TH ST, P IL O T R O C K Lakeview Ct., Heppner 120 approx. Water, sewer, phone and power $ 25,000 available 10,000 2 apartments and shop building for Sale in Lexington On the bottom floor is a form er auto .92 acres buildable Coyote Lane $20,000 Has a good building spot and room for animals Water and electricity located nearby $ 6 5 ,0 0 0 Heppner/Spray Highway MORE COVERAGE! MORE BUYERS! BECAUSE WE ARE RMLS MEMBERS body shop and a 1 bedroom apartm ent newly re modeled renting for $350 U pstairs is a 2 bedroom apartm ent that has been com pletely redone renting for $375. Building has a good ro of and ow ner says the shop has been com pletely rewired 2 bedroom home on large lot in Lex Lots of room for a garden and other activities with this 2 bedroom 1 bath single wide mobile home in Lexington. Lots of upgrade includ ing new flooring, new roof, insulation, new vi nyl windows, water heater and much more. 185 E. Arcade, Lexington _________145 E. Main, Lexington________ 2 bedroom 2 bath in Heppner Have your own cabin in the mountains to live in or use for weekend get aways. Surrounded by Pine and Tamarack trees. Sit on the deck and look out at the forest. $ 7 0 ,0 0 0 T h is nice 20 07 M a rla tt h o m e is in e x c e lle n t co n d i tion E veryth in g w a s d o n e rig h t w h e n this hom e w a s pu t in It has a d e ck, cy c lo n e fe n c e d yard and a 1 8 X 3 1 ga ra g e C ellin g fa n s, a lo n g w ith th e e n ergy p a ckage w ill ke e p yo u w a rm in th e w in te r and coo l in the su m m e r T h e re is a de n /o ffice , liv ing room and lots o f e x tra s M u s t se e in sid e th is one C all an d s ch e d u le an a p p o in tm e n t to d a y Blake's Ranch 345 Linden Way, Heppner Auto Repair Business in Heppner, OR This is a going concern w hich show s a profit each year. Includes real property, business, inven tory and equipment. Loyal custom er base and good reputation. $ 339,000 Affordable Building Lots Available! List your property with Sykes Real Estate and receive wide exposure to selling agents in Oregon and Washington. This means more potential buyers see your listed property. In addition your listing will be shown on the www.realtor.com website. Call me today to list your property. David Sykes 2 Bedroom near schools and downtown Heppner Just blocks from school and downtown shopping, this 2 bedroom 1 1/2 bath charmer has a fenced yard for children and a separate small yard in the back. Enjoy your reading room, living room and kitchen with window looking out on the street .84 acre to 5.95 acre lots in Emert Addition #2 lone. Utilities include - phone, water, power, sep tic approved. Ready to move in $8,500 - $10,500 - $11,500 - $14,500 $15,000-$17,500-$22,500 See sykesrealestate.net for map of all available lots Phone: (541)676-9228 Call: (541)980-6674 Fax: (541)676-9211 188 W. Willow P O Box 337 Heppner, OR 97836 david@ sykaarwal9ataf.n0t w w w .sykaarw afstaf.nat Phone: (541)276-2152 Cell: (541)215-2274 Fax: (541)278-6051 Owner/Broker David Sykes Broker Chris Sykes 25 SW Emigrant Pendleton, OR 97801 ch ris@ sy k a srw a fa ff.n w t www.pwndftonpropwrtiwa.nwt
