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