Oregon Bancorp (ORBN) Q2 2025 earnings summary

Executive summary

• Q2 2025 net income was $719k, or $0.29 per share, compared with $520k, or $0.21, in Q1 2025 and $801k, or $0.32, in Q2 2024.

• Quarterly assets contracted $5.1m; deposits fell $11.1m QoQ but remained $16.6m above June 30, 2024.

• Residential mortgage loan volume rose 31% QoQ to $63m; asset quality and capital levels were described as strong.

Financial highlights

• Q2 net interest income was $4.040m versus $3.760m in Q2 2024; net income after taxes was $719k versus $801k.

• H1 2025 net income was $1.239m versus $1.435m in H1 2024; net interest income was $7.856m versus $7.637m.

• Q2 income before taxes was $912k, compared with $1.042m in Q2 2024; income tax provision was $193k versus $241k.

Outlook and guidance

• Focus remains on growing core relationships; management cited positive momentum moving through the year.

• Management said the team is positioned to navigate the evolving environment amid broader economic uncertainty and potential Federal Reserve rate cuts.