Home Must Reads Oregon banks slowly recovering

Oregon banks slowly recovering

| Print |  Email
Must Reads
Monday, June 04, 2012

Oregon's banks are slowly returning to good health, and most are profitable again.

"We are guardedly optimistic that we are seeing improvements in the banking industry overall," said David Tatman, administrator for the Oregon Division of Finance and Corporate Securities, which regulates the state's banks. "What we're seeing in banks reflects the economy. The economy is improving quite slowly and banks are improving fairly slowly."

Oregon has 29 state-chartered banks, down from 36 in 2006, but still more than it had a decade ago. During the first quarter of this year, 25 of them posted a profit, the most since 2008. The amount of money they've set aside as protection against loan losses is at the lowest level in two years.

Read more at OregonLive.com.

{biztweet}oregon bank{/biztweet}

 

More Articles

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


Read more...

Portland rises

News
Monday, August 18, 2014

IMG 2551Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS