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About Heppner gazette-times. (Heppner, Or.) 1925-current | View Entire Issue (Feb. 18, 2015)
Heppner Gazette-Times, Heppner, Oregon Wednesday, Wednesday, February 18, 2015 - THREE U.S. Navy music groups coming to SAGE Center in March BEO Bancorp reports first-quarter earnings Heppner—BEO Ban- million, an all-time high check capture, and our new corp and its subsidiary, for the bank,” said Chief smart phone apps have been Financial Officer well received. During 2014, Bank of Eastern M a r k L e m m o n . we expanded our smart Oregon, announced “2014 Return on ATM network in Ontario consolidated year- Average Assets is and Lakeview. In 2015, we end 2014 earnings 0.77 percent, com- expect to add a few more of $2,419,000, a de- pared to 0.92 per- locations to our network of crease of 9.5 percent cent in 2013. While deposit taking ATM’s.” when compared to the levels are down “As we begin 2015, we $2,673,000 in 2013. J e f f B a i l e y, from last year, the realize that agriculture is a Basic earnings CEO primary driver is a cyclical business, we see per share were down 17.7 percent from $2.54 in dramatic growth in total as- the continued dry weather sets. We have experienced a conditions as a risk, and 2013 to $2.09 in 2014. Total assets increased strong increase in deposits we are taking prudent steps 9.0 percent from $299.0 and a rate environment that to make sure that our loan million to $325.9 million. dictates excess liquidity loss provision is funded at Net loans ended 2014 at remain within the bank. Re- appropriate levels,” con- $250.4 million, up 4.4 per- turn on Average Equity is at tinued Bailey. “We expect 10.10 percent, compared to to close on the acquisition cent year-over-year. Deposits increased 10.1 12.55 percent in 2013. We of Bank Reale during the percent from $265.0 million see similar trends across the first quarter of 2015. We banking industry, which is a are very excited to bring to $291.8 million. “While 2014 net in- function of the stagnant rate our brand of banking to the mid-Columbia region. come was down from 2013, environment.” Chief Operations Of- Bank Reale has a great staff it was still our third best year on record. Expenses ficer Gary Propheter said, of experienced bankers that associated with the acquisi- “We remain in a low inter- share the same philosophy tion of Bank Reale in Pasco, est rate environment and as the rest of our employ- WA, as well as prudent don’t expect it to change ees. We all realize that our allocations to the loan loss any time soon. Even with bank’s success is attribut- reserve during fourth quar- this dynamic, we see strong able to the support of our ter were the primary factors growth in deposits. We keep loyal shareholders and cus- affecting profitability. Our looking for innovative ways tomers,” concluded Bailey. For further information loan loss provision for 2014 and tools to make sure our was up 7.4 percent year- customers have the prod- on the company or to ac- over-year, as we ensure ucts and services to fulfill cess internet banking, visit the reserve is adequately their banking needs. We the website at http://www. funded in accordance with recently rolled out mobile beobank.com. anticipated loan growth and a few problem loan relationships. While our local economies have been relatively steady, we con- tinue to watch national and global activity. The drop in energy costs bode well for our natural resource-based industries, as so many of Meetings to begin planning for the upcoming 2015 our producers’ input costs Irrigon Watermelon Festival will begin on Feb. 24 at 7 are energy related. We will p.m. at Stokes Landing Senior Center on Columbia and have to wait and see if the Opal St., Irrigon. trends continue,” said presi- The annual event will be held on July 25, 2015 at the dent and CEO Jeff Bailey. Irrigon Marina Park. The committee is looking for volun- “Total shareholders’ teers. Anyone who is interested in helping is welcome to equity increased 8.8 percent attend the meetings, which are held on the fourth Tuesday year-over-year to $24.95 of each month. For more information, call 541-922-1560. Irrigon Watermelon Festival in planning stages Navy brass quintet and rock group set for free Boardman performance March 9 BOARDMAN—The U.S. Navy Band North- west’s Five-Star Brass quintet and its rock music group Passage are visiting the SAGE Center for a free, one-night performance in March. The groups will per- form March 9 at 7 p.m. in the SAGE Center Theater, 101 Olson Road, Board- man. “We are privileged to have the talented Navy Band Northwest perform at the SAGE Center,” said Kalie Davis, SAGE Center manager. “This free concert is a great opportunity for the community to take ad- vantage of both their brass quintet and Passage rock band. We have a beautiful theater and we are excited to use it for talented groups coming through our area.” The brass quintet per- forms in U.S. Navy cer- emonies, patriotic opening events, community out- reach missions, and edu- cational enrichment events in schools and universities, said Musician Third Class Peter Mattice. The quintet is composed of two trumpets, a French horn, a trombone and a tuba. The ensemble performs classical, Dixie- land, jazz, and contempo- rary pieces, Mattice said. Members of the brass quintet are Unit Leader Musician First Class Joseph Schoonmaker, trombone, Musician First Class Roger Starcher, tuba, Musician Second Class Chris Mc- Gann, trumpet, Musician Second Class Blake Yar- brough, French horn, and Musician Third Class Pat- rick Pedlar, trumpet. Passage is ideal for all audiences and age groups demanding high-energy, popular music and audi- ence interaction, Mattice said. Josh Kerns of Seattle’s KIRO Radio describes the group as “a contemporary face of the fighting force.” The group performs hits by the Red Hot Chili Pep- pers, AC/DC, Bonnie Raitt, Bruno Mars, Journey, Ste- vie Wonder, Brian Setzer and more. Members of Passage are Unit Leader Musician First Class Robby Taylor on guitar and lead vocals, Mu- sician Second Class Mike Oliver, sound engineer, Mu- sician Second Class Matt Jones, keyboards, Musician Third Class Daniel Weber, guitar and vocals, Musician Third Class Micah Lewis, drums, Musician Third Class Peter Mattice, bass. Veterans highway dedication bill passes house unanimously Salem, OR—Legisla- tion seeking to dedicate several of Oregon’s bor- der-to-border highways in honor of veterans groups passed the Oregon House of Representatives on a unanimous vote Monday. Sponsored by Repre- sentative John Huffman (R- The Dalles), HB 2036 seeks to designate Highway 395 as the World War I Veterans Memorial Highway, Inter- state 5 as the Korean War Veterans Memorial High- way and the Purple Heart Trail, and U.S. Highway 101 as the Persian Gulf, Af- ghanistan and Iraq Veterans Memorial Highway. “Thousands of Orego- nians have bravely served our nation in foreign wars,” said Rep. Huffman. “I’m thankful for their immense sacrifices and I hope the dedication of these high- ways serves as a permanent reminder of their honor and service to our country. I’m humbled to have been a part of this process.” The bill now moves to the Oregon Senate for consideration, where it is expected to receive broad support. Community lunch menu Willow Creek Baptist Church members will serve lunch on Wednesday, Feb. 25, at St. Patrick’s Senior Center. The meal will include open-faced hot turkey sandwiches, mashed potatoes and gravy, green beans, cranberry sauce and pumpkin squares. Milk is served at each meal. Suggested donation is $3.50 per meal. Menu is subject to change. CARDINAL PRIDE! February 17, Boys District Play-In game @ Dufur -6 PM February 18, Girls District Play-In game @ Arlington -6 PM BIG SKY DISTRICT TOURNAMENT @ HERMISTON HIGH SCHOOL FEBRUARY 20-21 BR-Coach Heideman, Oskar Peterson, Daniel Holtz, Austin Carter, TJ Patton, David Smid- majer, Austin Morter, Coach Rust FR-Danny Doherty, Joe Doherty, Jason Juarez, Donald McElligott, Henry Padberg, Colton Hollis Allstott Construction, LLC BPOE #358 Elks Lodge Bank of Eastern Oregon Boardman Foods, Inc. Columbia Basin Electric Cooperative, Inc. Community Bank Dances With Mules Dave’s Photography Dean’s Pendleton Athletic Company Devin Oil Company, Inc. Family Dentistry Gar Aviation, Inc. Heppner Family Foods Ione Market and Deli IRT, LLC J Keithley Construction Les Schwab Tire Center Lexington Pump Mid Columbia Producers, Inc. Morrow County Fair & Rodeo Morrow County Grain Growers Morrow County Recreation District Murray's Drug and Country Rose Pea Ridge Embroidery & Signs Inc. Peterson’s Jewelers Pettyjohn’s Builder and Supply Sand Hollow Ag Supply Sherrell Chevrolet Silver Creek Contracting, LLC Tacos Hometown Wheatland Insurance Center, Inc. Wright Chevrolet Dick and Jannie Allen Allen and Nancy Anderson Mark Anderson BR-Coach Carter, Morgan Orem, Hannah Padberg, Rachel Holland, Kaitlin Garrett, Jes- sie Flynn, Coach Garrett FR-Maggie Flynn, Lauren Garrett, Ivy Sandford, Katelyn Bass, Sydney Qualls, Nupur Gorain, Katie Gilbert. Not Pictured-Coach Holland Bob and Bonni Ball Gary and Lani Bass Family John and Linda Bristow Loyal and Betty Burns Mike and Keisha Covey Family June M. Crowell Chris Devens Brian and Peggy Doherty Family Arthur and Stacie Ekstrom Family John and Helen Ekstrom Tom and Arlynda Gates Rosie Graham Betty Gray Ron and Karen Haguewood Joe and Linda Halvorsen Family Wayne and Diana Hams Deacon and Erin Heideman Family Helen M. Heideman Dale and Karen Holland Family Bob Hubbard Holly Rebekah Lodge #139 Bill and Nancy Jepsen Family Gina Jepsen J.L. Kincaid Ranch Skye and Penny Krebs Del and Linda LaRue Buzz and Jeanette Logan Kathy Martin Joe and Jeri McElligott Virgil and Debbie Morgan Perry and Kathy Morter Ralph and Anne Morter Family Howard and Dianne Mullins Duane and Linda Neiffer Jarrod and Alison Ogden Family Eric and Brandi Orem Family Joe and Anita Orem Marvin and Tanna Padberg Darrin and Camie Padberg Family Joel and Lea Mathieu Peterson Family Jason and Tara Proudfoot Family Bink and Lynn Dee Ramos Family Keith and Judy Rea Betty Rietmann Bill Rietmann Gregg and Shelly Rietmann Family Joe and Donna Rietmann Family John and Kerry Rietmann Bruce and Linda Rigby Dean and Florene Robinson Ryan Rudolf Family Brian and Lorie Sullivan Jim and Monica Swanson Sherron Woodside
