Image provided by: Morrow County Museum; Heppner, OR
About Heppner gazette-times. (Heppner, Or.) 1925-current | View Entire Issue (Oct. 29, 2014)
TEN - Heppner Gazette-Times, Heppner, Oregon Wednesday, October 29,2014 BEO reports third-quarter earnings Heppner— BEO Ban- corp and its subsidiary, Bank o f Eastern Oregon, announced third-quarter 2014 consolidated net income o f $679,000, or $0.58 per share, com - pared to $851,000, or $ 0 .7 8 p e r s h a re , for third q u a r te r 2 0 1 3 . Y ear-to-date earnings were $1,944,000, down a m arginal 2.1 percent compared to last year’s record earn in g s pace, Total assets were $310.0 million, up 5.1 percent year-over-year. Net loans of $253.5 million were up 4.5 percent from the same period in 2013, w hile deposits were at $275.9 million, up 5.5 percent year-over-year. “ Year-to-date earn- ings are comparable to last year. During the third quarter 2014, we took proactive steps to address a few lingering problem assets w hich affected quarterly earnings. Man- agement will continue to take steps to ensure our loan loss reserve is well positioned for the ex- pected growth in the port- folio,” said president and CEO Je ff Bailey. “ We are an agricultural-based bank. While harvest re- suits were spotty in some areas, other areas had an average crop. Even w ith yields lower than we like to see, we don’t expect severe problems in the loan portfolio.” C hief Financial Of- ficer Mark Lemmon said, “ Year-to-date return on average assets was 0.85 percent and return on average equity was 10.7 percent compared to 0.95 percent and 12.74 per- cent, respectively, from the same three quarters last year, due in part to higher assets and higher equity.” Lemmon went on to say, “ We continue to see im pressive y ear-over- year grow th across all areas o f the bank. A very bright spo e rs ’ equit increased I since Sep We are w by all re industry r recent ann< $0.60-per- is consisl boardand confidence continuest a strong ca Chief ( ficer Gary I “The incre and loans other nice namiesare branch anc tion office lent customer serv ice.” “ O ur re c e n t an- nouncem ent regarding the agreem ent to pur- chase Bank Reale in Pas- co, WA is exciting. We look forward to closing the transaction early in 2015. “ There will be ex- penses associated with the acquisition, but I Hilly expect 2014 w ill be an- other good year for Bank o f Eastern Oregon,” con- eluded Bailey. Red Cross encourages blood donations before holidays PORTLAND, Ore.— The American Red Cross encourages donors to give blood before the busy holi day season arrives. Blood donation appointments can be made through the Red Cross Blood Donor App or by visiting redcrossblood.org or calling 1-800-RED CROSS. The Red Cross is planning mobile blood drives in Boardman on Nov. 5 from 9:30 a.m. to 2:30 p.m. at Riverside High School or on Nov. 6 from 11 a.m. to 4 p.m. at Columbia River Community Health Services, 450 Tatone St. P ho n e: (5 4 1 )6 7 6 -9 2 2 8 C ell: (5 4 1 )9 8 0 -6 6 7 4 Fax: (5 4 1 )6 7 6 -9 2 1 1 188 W W illow P.O Box 337 “ H eppner. O R 97836 Phone: (5 4 1 )2 7 6 -2 1 5 2 C ell: (5 4 1 )2 1 5 -2 2 7 4 Fax: (5 4 1 )2 78 -6 0 5 1 ... 25 SW Em igrant -----d Pendleton. OR 97801 c h r is @ s y k e s r e a le s t a te .n e t d a v id @ s y k e s r e a le s t a te .n e t O w n e r /B r o k e r D avid S y k es B ro k er C h r is S y k es In fo rm a tio n d e e m e d c o rre c t no t g u a ra n te e d w w w .p e n d le t o n p r o p e r t ie s .n e t ASK ABOUT CASH GRANTS FOR HOME PURCHASE PRICE REDUCED! Buy this cabin & have your own place in the mountains Enjoy the quiet, trees and wildlife Use the rock fire pit out back for family gatherings Comes completely furnished Appliances furniture washer dryer, beds couch, dressers TV dishes & even a big load of split and ready firewood out back Cabin is in great condition and conies with a 25X28 shop with attached snowmobile shed Come see this property and you will not want to leave 80982 ELK TRAIL LN, BLAKES RANCH N EW ÌLfiSiTiIN fili 390 EAST STREET, LEXINGTON 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 few this cute home 120 EAST QUAID STREET. HEPPNER Well built home located close to downtown. Enjoy the large wrap-around porch on th is classic 5 bedroom Craftsman style house. Hardwood floors and lots o f features make this a unique place to live. Schedule an appointm ent and see inside This is the hunting place you are looking for. 1989 singlewide trailer with added metal roof. Lots of fur niture, tools, etc., included with sale Needs some work, but basics in good shape. Owner says septic, electric and plum bing works fine. Have your place in the m ountains on 92 acres at Blakes Ranch Large 3 bedroom located in Lexington. Lots of potential in this 2016 square foot stick built. Newer home located on large lot in centrally located Lex ington Very good condition Fenced Yard for kids & pets Granite counter tops in an open space kitchen adjacent to the living room make this an ideal home for family and entertaining Outside lots of room to park all your toys. Cupboards and closets everywhere for lots of storage Refrigerator. Stove, microwave & dishwasher included in sale Come See! Call Me! 460 H ST. LEXINGTON N eat a nd cle a n h o m e w ith y a rd a nd g a ra g e , which could also be used as a shop. Guest room off garage with 1/2 bath. Ready to move in with little maintenance. Call for an appoint ment to see today. 375 E MATLOCK ST. HEPPNER 565 N GALE ST. HEPPNER 81112 COYOTE LN. HEPPNER N CHASE ST. HEPPNER N E W 'LIS IIN G ! Cute 2 bedroom ready for your TLC to make it your home or a good rental property. Monitor type heater All appli ances including refrigerator, stove and washer and dryer included in sale. 640 ELDER ST. HEPPNER S 2 5 !0 0 ä 5.6 acres of buildable land near Heppner and the Willow Creek Golf Course Manufactured home okay Have a few animals. Needs well drilled and septic installed to make this your home site 180 N CHASE ST. HEPPNER $155*000 PRICE.REDUCED! 5.6 acres Commercial zoned lot located in the middle of Heppner. Property is in located in flood plain, however engineer's flood elevation has been completed. A former bowling alley converted to youth center and restaurant. All restaurant equipment included in sale Dee Cox Rd Heppner Almost new home located close to shopping and downtown The open beam ceiling and wood stair way and railings Furniture included in sale appli ances. bedroom sets and much more A free stand ing island in the open kitchen is part of the appeal owner put special care into constructing a well built home Second floor deck with sliding doors from each upstairs bedroom A BBQ smoker and trailer hook up out back 415 N GALE ST, HEPPNER A creage for Sale REDUCED! PRICE REDUCED!^ : $ 4 0,0 00 PRICE REDUCED! T his 4 bedroom 1 bath fix e r upper has good e le c tric a l, roof, h e ating unit, fo u n d a tio n and plum bing. Just put in your inside work and have you w ill a decent rental o r home fo r you to live in.Large oversize lot. 215 S A ST, CONDON Here it is! one of those rare mountain properties 40 acres in the trees with your own hunting cabin Enjoy the quiet and solitude of the forrest but not too far from lots of activities Short distance to the Morrow County OHV Park Wood heat and cook stove in the cabin, but electricity is near by Good stand of healthy timber Lots of potential 69050 KINZUA RD. HEPPNER muffi} m ? G ff i7 muffi} Has a good building spot and room for animals Water and electricity located nearby. Nice parcel near residential neigh borhood and also close to the new Boardm an City Center. City w ater and sew er available 5.9 acres m/l Heppner/Spray Highway f bedroom ] This nice 2007 Marlatt home is in excellent condi tion Everything was done right when this home was put in It has a deck, cyclone fenced yard and a 18 X 31 garage Ceiling fans, along with the en ergy package will keep you warm in the winter and cool in the sum m er There is a den/office. liv ing room and lots o f extras Must see inside this one Call and schedule an appointm ent today 345 LINDEN WAY. HEPPNER One of the best deals in town! Golden West double wide plus Pod kitchen Nice view of town off the deck on the back Full daylight basement means there is plenty of room in this 5 bedroom 3 bath home Lots of furniture and personal items included in sale Included in sale washer, dryer, side by side refrigerator, stove and microwave, plus three TVs. Two couches, two tables, oak chest, 2 table lamps 4 1 floor lamp and a gun safe 220 ROCK S T . HEPPNER 2 apartments and shop building for Sale in Lexington On the bottom floor is a former auto body shop and a 1 bedroom apartment newly re modeled renting for $350 Upstairs is a 2 bedroom apartment that has been completely redone renting for $375 Building has a good roof and owner says the shop has been completely rewired 145 E. MAIN, LEXINGTON 309 NW COLUMBIA AVE, BOARDMAN Small acreage close to town Can have horses or 4-H animals for the kids 1 94 acre m/l home on the edge of town Includes metal bam with 3 bonus rooms Pasture imgated with underground solid set system Comfort able 3 bedroom. 2 bath home with lots of extras like 3 decks and covered patio Also a living, dining, mud room and office 38 additional acres available right next door 61238 HWY 207 HEPPNER last view lots at Lakeview Heights. 84 X 120 ap prox. Water, sewer, phone and power available. LAKEVIEW CT. HEPPNER Affordable Building Lots Available! RRICE REDUCED! Great family home! This home has 4 large bed rooms, 2 bath and is located on quiet street Split level, up stairs and downstairs is great for parents and kids to have their own space Large backyard with underground spnnkle and large garage V iew lot at Lakeview Heights. Own one of the .84 acre (o 5.95 acre lots in Emert Addition #2 lone. Utilities include • phone, water, power, septic approved. Ready to move in 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 _________ 215 S. COURT HEPPNER '_______ $ 8,5 00 -$ 1 0,5 00 -$ 1 1,5 00 -$ 1 4,5 00 $15,000-$17,500-$22,500 See sykesrealestate.net for map of all available lots
